AnnualReport-1934

A (1) 7-

Kowloon-Canton Railway.

Passenger Service, Passenger Foreign Line...

The new working agreement came into force from 1st October, 1934 whereby this Section received 28% instead of 35%.

Estimate. $ 650,000 Actual. $ 629,569 Decrease. $ 20,431

Passenger Service, Passengers Home Line

Estimate. $ 665,000 Actual. $ 642,218 Decrease. $ 22,782

Fewer local passengers

Goods Service, Others, Home Line

Estimate. $ 30,000 Actual. $ 18,739 Decrease. $ 11,261

Less bricks & other goods carried

Rent of Government Property, Land and Houses.

Estimate. Actual. Decrease. Lands Not Leased $ $ $ Fewer permits 300,000 283,717 16,283

Interest.

Estimate. $ 230,000 Actual. $ 196,574 Decrease. $ 33,426

Higher Exchange and Sale of Sterling Securities

Miscellaneous Receipts.

Conservancy Contract

25,000 4,733 20,267

Contractor's failure to carry out contract

Other Miscellaneous Receipts....

100,000 80,264 19,736

Variable

Royalty payable by the Kowloon Motor Bus Co.......

140,000 128,094 11,906

Over estimated

Land Sales.

Estimate. Actual. Decrease. $ $ $ Premia on New Leases 1,200,000 558,473 641,527

Decreased demand for land

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