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TEES-SIDE BOARD'S LOSS

7th September 1951
Page 34
Page 34, 7th September 1951 — TEES-SIDE BOARD'S LOSS
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Which of the following most accurately describes the problem?

rAILURE to obtain increases in workmen's fares was one reason for the deficit of £1,197 made by Tees`-side .Railless Traction Board last year; the chairman stated recently.

The Board'sfinancial position was discussed at a meeting of Eston Urban District Council, which, with Middlesbrough Corporation, partly ,owns the undertaking. Eston hasbeen asked to meet £798 of the loss. It was stated that the Board's reserve funds had been exhausted,


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