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Out of ninety-four municipally-work-ed tramway undertakings in the United Kingdom (says the "Tramway and Railway World ") no fewer than thirtyone are worked at a joss, twenty-three more meet their working expenses and capital charges, but cannot set aside anything, or cannot set aside enough to depreciation fund, and ry.'.'ty thirtyeight of tho uudortakinjra a'or- s*>le fully to satisfy all demand*,. "hiding depredation allowance

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https://paperspast.natlib.govt.nz/newspapers/TS19100805.2.63

Bibliographic details

Star (Christchurch), Issue 9918, 5 August 1910, Page 3

Word Count
63

Untitled Star (Christchurch), Issue 9918, 5 August 1910, Page 3

Untitled Star (Christchurch), Issue 9918, 5 August 1910, Page 3