ENCLOSURE
Capital Cost of Railway
C.O.. 20049
REC
25.LI
Chinese Section
#15,130,000,00 (as given by Mr.
British Section
18
$10,533,000.00 (as given to
Chao Ching-hua) ir, Chao after
3000 passengers a day at 90 cants 2,700.00: equals per amma
8985,500.00
3000 passengers at 43 cents (for 2 cents represents payment to Ferry Company) equals per annus
Working Expenses
deducting all the items set out in para. 3 of my letter of 25 April)
$470,850.00
$582,000.00 (a)
207,000.00 (b)
llet earnings
Return on Capital..
403,500,00
2.7%
263, 850.00
2.5% outlay
(a) Based on the supposition that the charges for
supervision and administration on the Chinese
section will be practically the same as on the Bri.
Boint-wo
tish, owing to there being no joint-working; while
the other charges per mile for maintenance and work-
ing are calculated in proportion to the actuals on
the British Section.
(b) Actuals for the British Section,