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Fares Increases for Independents
Page 61
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THE Scottish Traffic Commissioners, sitting in Glasgow last week, approved several applications by independent operators for fares increases. Among the operators were A.A. Motor Services, Ltd., Ayr, Baxters Bus Services, Ltd., Airdrie, J. and J. Leith, Sanquhar, McGill's Bus Service, Barrhead, and the Scottish Co-operative Wholesale Society,
On Monday, Coventry Transport Department brought into effect the abolition of early morning concessions, approved last week by the West Midland Traffic Commissioners. The department's night service fare was on the same day increased to Is. When the application was heard last week the department's general manager, Mr. R. A. Fearnley, said the changes would increase revenue by £137,000 and turn an estimated deficit into a £75,600 surplus.
ROTHERHAM'S DEFICIT WIPED OUT
FOR the first time in 10 years I Rotherham Transport Department has no accumulated deficit, the general manager, Mr. I. 0. Fisher, reported last week. The net surplus for the year ended March 31 last was £12,548.
For the first time for many years, said Mi. Fisher, the number of passengers carried had increased. It was hard to explain in view of the greater number of cars on the road, The undertaking had, in fact, carried 55,767,361 passengers in 1959-60, an increase of 431,446.
But Mr. Fisher warned that: "A pleasing financial position has ahead of it a very large renewals programme." In the next three or four years something over £200,000 had to be spent, he said.
LEICESTER'S BIG SURPLUS LIACING wages increases of £25,000, I Leicester Transport Department had a net surplus of £24,978 during 1959-60 without raising fares. This is revealed in the undertaking's annual report and balance sheet, published this week. Traffic revenue totalled £1,113,879.
Fewer passengers used corporation buses, although the regular decline of post-war years was not so pronounced. A sum of £78,000 was spent on new vehicles and garage improvements. If the council accept recommendations, a further £11,000 out of the surplus will be used to resurface the yard at the Abbey Park Depot. Approximately the same amount will be transferred to the reserves.
£19,000 SURPLUS AT STOCKTON RTOCKTON Transport Department D.--/ had a net surplus during the financial year ended March 31 last of £19,074 compared with the surplus for the previous financial year of £8,943. The undertaking has not had a deficit since 1951-52. The traffic revenue during the past year was £560,223. Total working expenses were £460,894. •