Black Outlook for Hull Transport WITHan estimated deficit of £13,117
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VY for the year ending March 31, Hull Corporation's transport undertaking faced a black outlook unless there was a complete reappraisal of the city's services, said Cllr. D. N. Bancroft at a meeting of the transport committee last week.
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The actual loss for e current year was stated to be £940, but a previous deficit of L12,177 had to be added to this sum. Mr. G. E. Atkinson, deputy city treasurer, said next year's deficit would probably be £118,380. The figures, however, did not take account of possible fare revisions which might reduce the loss to £28,497. Mr. G. H. Pulfrey, general manager, said that although the figures looked high, large estimates had been made for increases in wages and the cost of materials which might not be needed.