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Napier

(From an occasional correspondent.) November 14. Our municipal enterprises are evidently going - to be profitable concerns. The Municipal Theatre, which has been opened twelve months, has given a return of £I4OO odd. It was estimated that the revenue for the first year would be £IOOO, and the amount required per annum to make it pay is £ISOO, so that the deficiency to be made up is very small for the first year. The trams have been much more successful; they have only been running two months, and the revenue amounts to £I3OO. The amount required each week to pay expenses, and interest on loans is £l2O, whilst the weekly takings have not been below £l5O per week. The cars have all been required in service, with none as a standby, and the overloading has been excessive. The traffic manager (Mr. Callaghan) has asked the City Council for two more cars of a larger type. The support of the people has exceeded all expectations.. The Council is also at the present time proposing to ask the ratepayers to sanction a loan to extend the trams, and, judging from the popularity of the proposal, a poll when taken should be almost unanimous.

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https://paperspast.natlib.govt.nz/periodicals/NZT19131127.2.12

Bibliographic details

New Zealand Tablet, 27 November 1913, Page 11

Word Count
201

Napier New Zealand Tablet, 27 November 1913, Page 11

Napier New Zealand Tablet, 27 November 1913, Page 11