S 4
vious year. The Working Expenses amounted to $296,691.63 against an estimate of $313,905.
The Revenue derived from Through Passenger Traffic was $192,858.29. It was not to be expected that the estimated figure of $250,000 would be reached in view of the unsettled conditions prevailing in the Kwong Tung province.
The Through Goods Traffic amounted to $18,107.50 or about 35% more than the previous year and it is hoped that with the establishment of the Goods Agency this traffic will increase.
The Local Passenger Receipts show an improvement on 1915. The increase in first and second class is largely due to the golfing traffic.
The Local Passengers carried were as follows:--
Class Aviation Ordinary Passengers, 1915 First 1,338 7,814 Second 16,132 Third 2,810 360,935 Passengers, 1916 First 8,362 Second 16,996 Third 385,923In February the Star Ferry rates for Railway passengers using the ferry were considerably raised and the increase was dated from 1st February, 1915.
During the year a sum of $20,266.09 was paid to the Star Ferry Company, $5,623.64 of this amount being in respect of traffic from 1st February 1915 to 29th February 1916.
The Local Goods Traffic Revenue is slightly below that of 1915. The increase under sundry traffic is due to the inclusion of rent collected in respect of reclaimed land let at Hung Hom.
21. Compared with 1915 the Gross Receipts for the year were $366,215.67 as against $343,769.08 or an increase of $22,446.59 and the Working Expenses $296,691.63 or $574.34 less. The balance after paying Working Expenses stands at $69,524.04 or $23,020.93 more than the previous year.
The Results of the past 5 years are as follows:-
Gross Receipts Working Expenses Net Earnings 1912 $241,649.02 $207,350.78 $34,298.24 1913 333,633.32 245,808.58 87,824.74 1914 364,608.32 274,366.39 90,241.93 1915 343,769.08 297,265.97 16,503.11 1916 366,215.67 296,691.63 69,524.0422. The final division of the through and joint sectional traffic receipts have been agreed between the two administrations to the end of 1915 and the amounts due paid over.
23. No accidents occurred on the British Section to the Travelling Public during the year.
* An aviation exhibition held at Shatin on 7th and 8th August.
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vious year. The Working Expenses amounted to $296,691.63 against an estimate of $313,905.
The Revenue derived from Through Passenger Traffic was $192,858.29. It was not to be expected that the estimated figure of $250,000 would be reached in view of the unsettled conditions prevailing in the Kwong Tung province.
The Through Goods Traffic amounted to $18,107.50 or about 35% more than the previous year and it is hoped that with the establishment of the Goods Agency this traffic will increase.
The Local Passenger Receipts show an improvement on 1915. The increase in first and second class is largely due to the golfing
traffic.
The Local Passengers carried were as follows:--
Passengers, 1915.
*
Aviation. Ordinary.
Class.
1,338
7,814
First
16,132
Second
2,810
360,935
Third
Passengers, 1916.
Ordinary.
8,362
16,996
385,923
In February the Star Ferry rates for Railway passengers using the ferry were considerably raised and the increase was dated from 1st February, 1915.
During the year a sum of $20,266.09 was paid to the Star Ferry Company, $5,623.64 of this amount being in respect of traffic from 1st February 1915 to 29th February 1916.
The Local Goods Traffic Revenue is slightly below that of 1915. The increase under sundry traffic is due to the inclusion of rent collected in respect of reclaimed land let at Hung Hom.
~
21. Compared with 1915 the Gross Receipts for the year were $366,215.67 as against $343,769.08 or an increase of $22,446.59 and the Working Expenses $296,691.63 or $574.34 less. The balance after paying Working Expenses stands at $69,524.04 or $23,020.93 more than the previous year.
The Results of the past 5 years are as follows:-
Gross Receipts. Working Expenses.
1912
$241,649.02
1913
333,633.32
1914
364,608.32
1915
343,769.08
1916
366,215.67
$207,350.78
245,808.58
274,366.39
297,265.97
296,691.63
Net Earnings.
$34,298.24
87,824.74
90,241.93
16,503.11
69,524.04
22. The final division of the through and joint sectional traffic receipts have been agreed between the two administrations to the end of 1915 and the amounts due paid over.
23. No accidents occurred on the British Section to the Travel-
* An aviation exhibition held at Shatin on 7th and 8th August.
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