B.R.S. Earnings Up: Traffic Still Down
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AFTER a period of recession, the receipts of British Road Services have begun to rise. Traffic and mileage, however, continue to be substantially lower than last year. In the first 16 weeks of this year the tonnage carriage was 1.4m. lower than in the comparable period of 1952, and the mileage was down by 18.8m.
In the four weeks to May 17 this year, B.R.S. earned £6.3m., compared with f6.1m. in the corresponding period of 1952. The receipts for the first 20 weeks of the year have risen to £30.1m.,_ against £29.9m. last year.
In the first 16 .weeks of this year, tonnage carried amounted to 12.Im. (13.5m. in 1952), and the mileage covered 207.7m. (226.5m.).
The British Transport Commission's provincial and Scottish bus interests continue to record higher revenue. In the four weeks to May 17, the figure was £3.6m., compared with £3.4m. last year, and the aggregate for the first 20 weeks rosé to £16.6m. (£15.6m.).
London Transport's revenue, however, fell from £5.4m. in the four-week
period of 1952 to £5.3m. ,in the four weeks to May 17 last. The aggregate for the first 20 weeks of the year is, however, higher—£25m. against £24.4m.