£772,000 for New Vehicles
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SINCE the war, the Yorkshire Woollen District Transport Co., Ltd.. has spent £772,000 on replacing vehicles. and within the next two or three months all arrears will have been overtaken.
Mr. Raymond W. Birch, chairman of the company, who gave this information at the annual general meeting last week. said that last year service mileage and receipts increased by 41 per cent. and passengers carried by 51 per cent., but operating costs rose by 61 per cent. Wages and fuel prices had risen, but the cost of lyres showed a slight tendency to decrease.
Of the extra 9d. duty on fuel, Mr.
Birch. said: It represents the heaviest impost ever placed on this industry within my memory, and we shall be compelled to examine not only our whole fares structure, hut also the many services now being operated at a . In describing the doubled fuel tax as likely to brine an increase of "only 4 per cent.in the overall cost of operation, the Chancellor of the Exchequer had shown [hat he had little conception of the enormous figures involved.