Bus Profits Up E4m. in 1953-54: Wages Cost £62m.
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MET receipts of bus operators with more than five vehicles, excluding London Transport, rose from £9.7m. in 1952-53 to £13.8m. in 1953-54. Local authorities' profits increased from £221,000 to £1,8m., the net receipts of private operators rising from £9.4m. to £12m.
The increase in receipts exceeded that of expenditure. Revenue rose from £174.8m. in 1952-53 to £183.1m. in 1953-54, whilst expenditure advanced from £165.1m. to £169.1m. Stage services contributed £147.6m., private hire £16.7m., express carriages £9.1113., and excursions and tours £6.5m.
• Receipts Total 1190.6m.
Figures from all operators show passenger receipts of £190.6m.—£149.5m. from stage carriages, £23.4m. from private hire, £10.1m. from express services, and £7.6m. from excursions and tours.
This information is contained in " Public Road Passenger Transport Statistics, Great Britain, 1953 " (Stationery Office, Is. 3d.).
Wages of platform staff e,mployed by operators of more than five vehicles (excluding London Transport) increased by Dm. Of the total expenses, wages,' at £62,2m., constituted the biggest single item.
The average profit made by operators of more than five vehicles was 1.84d. per vehicle-mile for motorbuses and coaches, and 2.94d. for trolleybuses. London Transport lost 0.13d. per vehicle-mile on motorbuses and coaches, but showed a surplus of 0.42d. on trolleybuses.
Receipts per vehicle-mile on motor buses and coaches averaged 24.82d, for all operators, expenditure being 23.30d. Corresponding figures for trolleybuses were 30.47d. and 28.84d.
In terms of passenger journeys, receipts on buses and coaches, other than those operated by London Transport, averaged 4.4d., and on trolleybuses, 2.2d. The average receipts per passenger were 3.6d. on stage services. 43d. on express carriages, 47.84. on excursions and tours, and 23.4d. on private hire.
Revenue per passenger-mile was made up of 23.8d. from stage operation, 21.8d. from express working. 25.1d. from excursions and tours, and 22.3d. from contract carriages.
Costs 22.36d. a Mile Returns of operators other than London Transport show that of the expenditure of 22.36d. per vehicle-mile on buses and coaches, traffic expenses (including drivers' and conductors' wages of 8.23d.) accounted for 10.36d„ fuel for 4:18d., repairs for 3.21d., licences for 0.56d., depreciation for 1.98d., and other expenses for 2.06d.
There was a drop of 8m. in the number of passengers who travelled on buses and coaches (excluding those of London Transport), the total being 10,420m. Stage services carried 10,086m., express carriages 56m.. excursions and tours 38m., and contract carriages 240m.
Vehicles covered a total of 1,946m. miles in 1953-10m, more than during the previous year. Stage carriages contributed 1,511m. miles, express services 111m., excursions and tours 73m., and private hire 251m.