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Municipal Bus Results
Page 101
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£2,036 PROFIT ON IPSWICH TROLLEYBUSES.
TIIE annual report of the Ipswich Electric Supply and Transport Committee shows that on the Transport undertaking there is a net surplus for the year's working of £2,036. The total income amounted to £82,939 and this surplus was obtained after paying expenses which included £3,225 in connection with the old tramways.
The Royal Agricultural Show, held at Ipswich last year, was responsible for additional revenue to the extent of about £1,770, but apart from this there was an increase in income Of no less than £6,083.
WOLVERHAMPTON'S GOOD RESULTS.
As briefly reported in our issue of June 21, • the Wolverhampton Transport Committee reports a net surplus of £15,768 for the past year. Nearly 37 Million passengers have been Carried during the year under review compared with 34 million during the preVious twelve months. The gross profit amounted to £81,263 and the reserve fund now totals £70,000. The total working ekpenses amounted to 10.132d. per mile • as compared with 9.740d. per mile for the previous year.
PROFIT AT COVENTRY.
Pr HE annual report of the Coventry
Corporation transport undertaking shows that a profit on the combined bus and tram undertakings amounted to nearly £7,000. The gross profit on the buses amounted to £40,083, and the trams to £25,137. The total shows an increase of £14,414 compared with the previous year.
Out of the gross total, £58,551 was absorbed in loan charges, the bulk of it being in respect of the tramways. The effect of_ this was to show an actual deficit of £6,461 on the tramway system. This loss, however, was 33k per cent, less than for the previous year.
BELFAST'S £5,816 PROFIT ON BUSES.
THE annual report of the General Manager of the Belfast Corporation tramways and motors department• shows a profit of £5,816 on the working of the bus services last year. This is the first surplus since 1928. The total revenue from the operation of buses amounted to £89,214, an increase of £9,093 as compared with the preceding year. Interest and redemption charges showed a reduction of £5,023 on the amount for the previous 12 months.
A total of 1,919,261 bus miles was run during the year, an increase of
103,796 on 1933. Of the total bus miles run last year, the Corporation operated 1,756,517 directly and 162.744 under working agreements with other undertakings. The number of passengers carried was 11,907,044, compared with 10,218,685 a year earlier. .
Sanctions are being obtained from the Ministry of Home Affairs for adjustments in existing services which will permit of greater use of double• deek vehicles; also for the inaugura tion of new services. • GOOD RESULTS WITH OILERS AT SOUTHPORT.
I N his annual report for the year ended March 31 last, Mr: T. J. Kendrew, engineer and manager of the Southport Corporation transport department, states that due to the substitution of oil-engined buses, a substantial saving was effected in the year under review, the total operating costs falling from £10,380. 1 Is. 3d. 'to £8,854 18s. 5d., a reduction of ;576d.
per mile. • Twenty new Leyland double-deck oil-engined buses were added to the fleet, which now numbers 45. Owing to the increase in the tax of 7d. per gallon on oil fuel, there will, however, be an additional charge against this type of bus of £1,700 per annum.
The total miles run during the year were 1,400,924 and the passengers
numbered 10,081,853. The average operating cost per passenger also showed a decrease from 1.25d. to 1.175d., whilst the average number of passengers per bus mile showed an increase of .284, advancing from 6.912 to 7.196.
Exeter Transport committee reports a net profit of £1,864 for the past year, as compared with a deficiency of £1,087 in the previous year.
Buses recently replaced trams on two further Oldham Corporation routes, on one of which Manchester Corporation is operating jointly.
LOSS ON CHESTER UNDERTAKING
THE Chester bus undertaking last year made a profit of £2,175, but against this is the sum of £4,440, accounted for by a debit balance brought forward from the previous year, by the interest on loans, and the repayment of loans in connection with the former tramway system.
This leaves a debit balance of £2,265, towards which there was a contribution from the general rate; leaving a deficiency of £1,065 for the year.
MANCHESTER'S BUS PROFITS UP.
ACCOUNTS that will be submitted to the next meeting of the council show a drop in the profits of the Manchester Corporation transport • department for the year ended March 31, 1935, the figure being £136,717, compared with £149,616 for the previOus 12 months. Actually the bus Profits have risen from £50,441 to £70,727.
but these have been counteracted by a fall in revenue on trams and parcels.
A certain amount of the loss of profit on the trams was due to the changeover to buses on various routes. but there was also a decline of traffic on the routes still in use. A substantial difference has been made to the results by the restoration of wage cuts.
RIBBLE'S HIGHER REVENUE.
IIN the year. ended March 31, 1935, revenue of Ribble Motor Services, Ltd., was £1,234,986, which compares with £1,213,810 for the previous year. The net profit was £121,922, after deducting income tax and allocating £174,000 to depreciation reserve. The preference dividend accounts for £13,000, whilst a 10 per cent, payment on the ordinary shares absorbs £60,000. A sum of £30,000 is added to the general reserve, whilst £10,000 is allocated to the employees' assistance fund, leaving £54,239 to be carried forward.