9

70. The results of the past 5 years are as follows:

Year

Gross

Working

Net

Receipts

Expenses

Loss

Net Revenue

1924

420,186.15

507,814.42

87,628.27

1925

430.578.31

529,901.49

99,323.18

1926

538,044.73

639,787.80

101,743.07

1927

713,424.85

715,769.41

2,344.56

1928

820,994.90 800,954.17

20,040.73

71. Through and Joint Sectional as follows:-

passengers carried were

1926

1927

1928

Passengers booked at

Stations in British

Territory

to

Sta-

tions in China ex- cluding Shum Chun the border station. Passengers booked at Stations in China excluding

Chun the

station to

Shum

border

Stations

18,031

202,893

309,917

in British Territory 17,609

72. The Local passengers carried were as follows:-

254,039 438,080

1926

1927

Main Line

Fanling Branch

1,151,780

48,451

835,240 27,699

1928 826,374

5,933

73. The final division of through and joint sectional traffic receipts were agreed between the two Administrations to end of June, 1928.

74. Claims outstanding against the Chinese Section on acccount of suspension of Through and Joint Sectional traffic, Hire of Rolling Stock and Demurrage, which stood at $993,449.22 at the end of 1927, have increased by $4,146.99.

75. Debits in respect of Demurrage and Hire of Rolling Stock for the year 1928 were accepted by the Administration of the Chinese Section and the accounts adjusted accordingly. The claims for Suspension of Traffic and Demurrage of Wagons for 1924 and 1925 were however not accepted and the total out- standing at the end of the year was as follows:

Suspension of Traffic (1923-

do. (9 days) in

1927)

Do.

1928

Demurrage of Wagons (1924-

1925)

935,302.75

5,905.46

941,208.21

56,388.00

Total due by Chinese Section to

British Section

$997,596.21

199

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