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CORPORATION TRAMWAYS

THE MANAGER'S REPORT. Mr C F. Alexander, tramways manager, submitted his annual report to the Tramways Committee on the 16th. The receipts for the 52 weeks ended the 2nd of March last amounted to £65,799 lis 6d, and the working expenses, to £35.401 2s 7d, showing a profit of £29,393 8s lid! o\ r er working expenses, and a return of 9.79 per cant, on a capital expenditure of £300,000. The revenue shows an increase of £2522 over the year ended the 3rd' March, 1909, bain gequal to an increase of 3.98 per cent.; but as against this the mileage run shows an increase of 7798 miles. It will therefore be seen that extra car mileage was run to obtain the extra revenue. The total car miles run was 1,104,245 miles, the total number of pasengers carried was 11,380,472, making the imssengersi carried per car mile 10.3, as against 10.04 for the previous year. Thus for the year just ended the additional loading per car mile only amounted to .26, practically equal to a quarter of a passenger. The extra car mileage is accounted for by the extra specials put on during the year to cop© with the daily rush traffic. For the year under review, after allowing for all charges—working expensesi £35,401 2s 7d, interest on .sinking fund £13,982 9s 2d, renewal and amortisation. fund £9624 10s lOd, expenditure fund £749 19s lOd—there is a clear credit balance amounting to £5041 8s Id. This is the largest credit balance the tramways have had, with the exception "of the year ended the 4th of March, 1903, when the. credit balance amounted to £5578, but for that period there was no amortisation fund, and the renewal fund onlv amounted to £5223 12s. This year just "ended has been the most successful since the inauguration of the electric tramways. The regular time-table service has not been altered during the last 12 months, 22 cars being required to run the regular service. It was found necessary to increase the number of regular special cars — that is, the regular special cars sent out to cop© with the daily rush traffic. At the present time six special cars are 6ent out for the morning loading, two for the mid-day loading, and 10 for the 5 p.m. loading. On Saturdays the special car service is still further - increased, six specials being sent out for the morning loading, six for the mid-day loading, and 13 for the evening loading. In addition to the 13 on Saturday nights, a 10 minutes' service is continued after 8 p.m. on the St. Clair line. This makes a total of 17 extra cars put on on Saturday even* ings. The following table is attached to the report: —Kstimated population served by. the service-, 40,000 ; car mileage, 1,104,245;' passengers carried. 11,380,472; passc.ngera carried per car mile, 10.3; average fare per passenger, 1.39 d; average car mile per day per car, 131; traffic revenue per mile on single track, £3120; average traffic revenue per head cf population served, £1 12s lid: operating expenses per passenger, .77d; average distance cf id fare, 79 5-6 chains; average fare charged per mile, 1.02 d; average' speed per hour, 8 miles 64 chains; average total car hours per day, 369; average number cf cars in use daily, 23.1; -.umber of motor cars, in stock, 43 ; trailers, 6.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19100323.2.74

Bibliographic details

Otago Witness, Issue 2923, 23 March 1910, Page 18

Word Count
562

CORPORATION TRAMWAYS Otago Witness, Issue 2923, 23 March 1910, Page 18

CORPORATION TRAMWAYS Otago Witness, Issue 2923, 23 March 1910, Page 18