CITY UNDERTAKINGS

New Zealand Times, Volume XLII, Issue 9614, 21 March 1917, Page 8

CITY UNDERTAKINGS

TRAMWAYS AND LIGHT COMPARATIVE FIGURES GIVEN. Mr. W. H. Morton (general. manager of the tramways and electric light undertaking) submitted the following comparative returns to the tramways and electric lighting committee, of the City Council at its’ meeting yesterday afternoon. It will bo noted that for the tour weeks ended March 2nd, 19X7, the tramways revenue shows an increase of £1267- over the corresponding period of 1916, but the working expenses show an increase of £1490; while for the fortyeight weeks ending March 2nd last, the tramway revenue has increased by £19,218 over the first forty-eight weeks . of .1915-16, as against an increase in working expenses of For the fortyeight weeks the returns show an increase of 3-361,494 in the number of • passengers carried and an, increase of 262,063 in the car miles run. The tramway power supply and track lighting returns for the forty-eight weeks show an increase of £2152 in revenue, and an increase of £1356 in working expenses. An increase of £9356 is shown by the electric lighting returns for the first eleven months of the financial year as compared with the corresponding period of 1915-16, as against an increase of £4639 only in working cxnenses : TRAMWAY RETURNS.

Four Weeks to March 2nd, 1917. 1017. 1916 Inc. ■ X X Revenue 16,805 15,538 1.267 Working expeases 10,864 9365 1,499 Capital charges 3;516 3,223 293 Credit balance 2,4.20 2,350 •5.25 Revenue per car mile . 17.24d 17.23d •Old Working expenses per oar rail©.. 11.15d 10.38d ..77d Percentage of «- working expenses to revenue .. 6op.c. 60 p.o. 5 p.c. Passengers carried 2,620,031 2.405,268 214,763 Car miles run 233,824 216,419 17,405 FORTY-EIGHT ' WEEKS to MARCH 2nd, 1917. 1916-17. 1915-6. Inc. £ £ X Revenue ... 190,227 171,009 19,218 TVoriing. ex- - pens ps .... 129,569 108,000 21,569 Special expenditure chargeable to revenue 6,044 5,037 1,017 Capital charges 41,999 38,708 3,291 Credit balance 12,615 : 19,274 *6,659 Revenue per car mile ... 16.22d • 16.08d' •14d Working expensee per car mile ... ll.OSd 10.15d .90d Percentage of ■working expenses to re- ■ venue ' ...... 68 p.c. •. 63 p.c. 5 p.c. Passengers carried . 29,524.369 26,162,965 3,361,404 Car miles run 3,813,710-2,551,647 262.063 a decrease. Tramway power supply and track lighting ’ returns for forty-eight weeks i from April* let, 1916, to March 2nd, 1927 1916-17. 1915-16. Ine. £ X X Revenue 14,144 : 11,692 2,452 Working espenses 6,911 5,535 . 1,356 Capital charges 5295 4,940 355 Credit balance 1,938 1,197 ' 741 Units sold for ■ power- and track lighting 1,569,537 1,258,554 310,933 ELECTRIC LIGHTING RETURNS FOR FEBRUARY, ■ 1917. 1917. 1916. Inc. X £' X Revenue 4,496 266 Working expenses... 2,722 • 2,160 562 Capital charges ... 1,517 ; 1,517 — Credit balance . 523 . 819 •296 Units sold ....... 266,852 250,627 16,225 New connections made during month 134 ■ 124 10 FOR ELEVEN MONTHS. 1916-17. 1915-16. Inc. X X £ Revenue 71,506 62,150 9,356 Working expenses 30,699 26,060. 4,639 Capital charges 16,684 16,684 — Credit balance... 24,123 19,406 4.717 Units sold 4,197,260 3,597,477 599,783 New connections made in eleven months 1,663 1,594 69 Total connections at Feb. 28th... 13,673 11,976 1,697 •Signifies a decrease.