-S 18-

Operating Expenditure.

Actuals Estimates Actuals

1936. 1937. 1937.

$ $ $

E-1 General Expenses 158,198 170,417 176,374

E-2 Traffic Expenses 100,077 108,726 102,404

E-3 Running Expenses 199,366 236,857 224,473

E-4 Maintenance of Equipment 219,324 221,178 201,692

E-5 Maintenance of Way and Structures 113,771 192,743* 189,591

Includes $80,883 in respect of Typhoon damage.

57. Trends of various Railway activities are adumbrated below by comparing peak earnings with those of the current year:-

Source. Earnings 1937. Peak earnings prior to 1937. Amount. Year obtained. Passenger Traffic. Terminal Through $ 443,159 $ 429,530 1936 Sectional Through $ 179,705 $ 157,367 1933 Local (All Stations) ... $ 300,760 $ 704,183 1933 Local (Shum Chun only).. $ 85,418 Local (All Stations except Shum Chun) $ 215,342 $ 438,167 1933 $ 271,630 1932 Goods Traffic. Terminal Through $ 95,315 $ 32,245 1935 Sectional Through $ 72,241 $ 23,738 1934 Local $ 17,706 $ 34,031 1927 Miscellaneous. Rent and Incidentals .... $109,475 Foreign Train Haulage.. $ 92,606 $ 62,600 $289,641 1936 1935

58. Revenue for the year increased 6.90%, the contributory factors being given in paragraphs 2, 3 and 5 of this report.

59. All available storage space was leased out during the latter part of the year, with the result that revenue under the head Rentals was up by 266%

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