18
2. This arrangement proved very satisfactory to both Sections of the Railway as well as to the travelling public. Strict attention was paid to punctuality, comfort and the safety of the trains and passengers through the disturbed areas traversed by the line in Chinese Territory, with very gratifying results.
3. General revenues showed a distinct and steady increase from July onwards, and in November reached nearly $75,000, the highest monthly figure by far since February 1922 during the period of the Seamen's Strike.
4. Working expenses exceeded revenues by the narrow margin of $2,344.56, a very striking improvement on the working of previous years.
5. Liabilities under Capital increased by $27,599.96, as against $237,993.40, in 1926 making a total of $20,540,037.40, and the deficit increased by $483,159.32 as against $544,981.93 in 1926. The accumulated deficit stood at $6,510,538.95 on December 31st.
6. The chief addition chargeable to Capital account, involving $24,739.46 was in connection with the building of new offices for the Chief Mechanical Engineer, at the locomotive yard at Hung Hom.
7. The Improvements at Taipo Market Station, estimated to cost $25,000, were delayed and only $2,860.50 spent on account.
8. New Works chargeable to Revenue were of a minor nature.
9. Typhoon and Rainstorm Damages amounted to $4,343.81.
10. Permanent Way and Structures were maintained to the usual standard of efficiency, likewise all locomotives, motor coaches and rolling stock.
11. The Workshops were kept exceptionally busy, owing to extra work in connection with the train haulage to Canton, in addition to a heavy round of overhauls and painting.
12. Arrangements having been made with the Chinese Section for the British Section to recondition a large number of their goods stock, extra gangs were engaged at the Workshops and started on this work in October.
13. The transport of troops and equipment in connection with units of the Shanghai Defence Force in the early part of the year, added to that for an abnormal camping season later, resulted in exceptional use of rolling stock and increased revenue from military sources.
14. A heavier train service generally, was run during most of the year, the train mileage amounting to 224,764 or 79,843 miles more than in 1926, which however includes the trains running over Chinese Territory to Canton.
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Page 16
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2. This arrangement proved very satisfactory to both Sections of the Railway as well as to the travelling public. Strict attention was paid to punctuality, comfort and the safety of the trains and passengers through the disturbed areas traversed by the line in Chinese Territory, with very gratifying results.
3. General revenues showed a distinct and steady increase from July onwards, and in November reached nearly $75,000, the highest monthly figure by far since February 1922 during the period of the Seamen's Strike.
4. Working expenses exceeded revenues by the narrow margin of $2,344.56, a very striking improvement on the working of previous years.
5. Liabilities under Capital increased by $27,599.96, as against $237,993.40, in 1926 making a total of $20,540,037.40, and the deficit increased by $483,159.32 as against $544,981.93 in 1926. The ac- cumulated deficit stood at $6,510,538.95 on December 31st.
6. The chief addition chargeable to Capital account, involving $24,739.46 was in connection with the building of new offices for the Chief Mechanical Engineer, at the locomotive yard at Hung Hom.
7. The Improvements at Taipo Market Station, estimated to cost $25,000, were delayed and only $2,860.50 spent on account.
8. New Works chargeable to Revenue were of a minor nature.
9. Typhoon and Rainstorm Damages amounted to $4,343.81.
10. Permanent Way and Structures were maintained to the usual standard of efficiency, likewise all locomotives, motor coaches and rolling stock.
11. The Workshops were kept exceptionally busy, owing to extra work in connection with the train haulage to Canton, in addition to a heavy round of overhauls and painting.
12. Arrangements having been made with the Chinese Section for the British Section to recondition a large number of their goods stock, extra gangs were engaged at the Workshops and started on this work in October.
13. The transport of troops and equipment in connection with units of the Shanghai Defence Force in the early part of the year, added to that for an abnormal camping season later, resulted in ex- ceptional use of rolling stock and increased revenue from military
sources.
14. A heavier train service generally, was run during most of the year, the train mileage amounting to 224,764 or 79,843 miles more than in 1926, which however includes the trains running over Chinese Territory to Canton.
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