Profits of Hay's Wharf.
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The accounts of the proprietors of Hay's Wharf show that a net profit of £230,826 was made in the year ended June 30th, as against £248,387 a year earlier. The dividend on the ordinary shares remains at 10 per cent, and absorbs £100,000, whilst the preference dividend calls for a distribution of 189,400. The allocation of £25,000 to reserve brings that account up to £325,000. The amount to be carried forward is £81,710, as against £65,284 brought into the accounts.
Heavier Models of an Unique Twowheel Trailer.
We are informed by the De Rouet Trailer Co., Ltd., 1, Causeway, Staines, that the De Rouet trailer, which used to be made only for 30-cwt: pay-loads, is now available for !clads up to 4,1 tons, allowing an extra 10 cwt. for bodywork.
The frame, which is a riveted component assembled to jigs, is made in one model to suit all loads, the only alterations necessary for trailers intended for loads of more than 30 cwt.
being the use of longer and heavier springs, slightly different axles, hubs, etc., and different wheel and tyre equipment. The price of the 41-ton trailer chassis is £115, and it may be mengelled that this is a useful model for horse-boxes.
The principle of the De Rouet trailer was outlined in our issues dated April 9th, 1929, and March 18th, 1930. It is a single-axle type and, in place of the ordinary drawbar or forward frame extension for coupling to the tractor unit, it has a steel channel-section boom, which is free to oscillate vertically within limits against the pressure of two laminated springs, and is free to move forward or backward a few inches, in relation to the trailer axle, against the pressure of a short four-loaf semielliptic spring.
Profit on Wigan's Buses.
During the past year Wigan Corporation's trolley-buses made a net profit of £3,068, as compared with £2,301 in the previous year. The net profit on the motorbus services was £5,583, contrasted with 12,862 a year earlier.
During the year the corporation abandoned its tramways, replacing them by a system of motorbuses.