AnnualReport-1928 — Page 14

Administrative Reports 行政報告書 All AI Reviewed

KOWLOON-CANTON RAILWAY,

All the through express trains between Kowloon and Canton continued to be hauled by British Section engines daily throughout the year, with the exception of two periods totalling 9 days when through traffic was temporarily suspended.

Monthly general revenues showed a steady and healthy increase, even throughout the summer months which are usually lean ones, until by the end of the year General Revenues had amounted to $820,994.90 against $713,424.85 for last year.

General Revenues for the first time since the opening of the line exceeded Working Expenses by the very satisfactory sum of $20,040.73 notwithstanding the inclusion of the exceptional sum of $30,526.76 being depreciation of rails in stock, which were written down to market value and depreciation debited to Working Expenses.

Liabilities under Capital decreased by $138,080.45. The accumulated deficit stood at $6,978,224.05 on December 31st.

The Fanling Branch Line was closed in April as of no further service to the public since the opening of the motor road to Sha Tau Kok. A good proportion of the track recovered, as also of the rolling stock and buildings, was disposed of.

Additions to Capital Account were light as there were no engineering works of note. The principal items being the Improvements at Tai Po Market Station $21,027.31 and Machines for Workshops $6,575.93.

Revenues from Rents which in 1927 amounted to $33,428.00 declined to $7,728.57.

The Railway suffered no damage from typhoons or rainstorms.

Permanent Way and Structures, Rolling Stock and Plant were maintained as usual.

The Workshops continued to be exceptionally busy until about November, as by arrangement with the Chinese Section 30 of their goods wagons were thoroughly overhauled and reconditioned at our shops.

The total train mileage amounted to 292,345 miles, or 67,581 miles more than last year. This includes trains run over the Chinese Section to Canton.

The Rules applicable to the Public and to the Staff, as also the General Tariff, were all revised and reprinted.

As the result of a decision to adopt concrete sleepers generally, in replacing wooden ones, manufacture was re-started in April and 5,070 concrete sleepers turned out by the end of the year.

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KOWLOON-CANTON RAILWAY, All the through express trains between Kowloon and Canton continued to be hauled by British Section engines daily throughout the year, with the exception of two periods totalling 9 days when through traffic was temporarily suspended. Monthly general revenues showed a steady and healthy increase, even throughout the summer months which are usually lean ones, until by the end of the year General Revenues had amounted to $820,994.90 against $713,424.85 for last year. General Revenues for the first time since the opening of the line exceeded Working Expenses by the very satisfactory sum of $20,040.73 notwithstanding the inclusion of the exceptional sum of $30,526.76 being depreciation of rails in stock, which were written down to market value and depreciation debited to Working Expenses. Liabilities under Capital decreased by $138,080.45. The accumulated deficit stood at $6,978,224.05 on December 31st. The Fanling Branch Line was closed in April as of no further service to the public since the opening of the motor road to Sha Tau Kok. A good proportion of the track recovered, as also of the rolling stock and buildings, was disposed of. Additions to Capital Account were light as there were no engineering works of note. The principal items being the Improvements at Tai Po Market Station $21,027.31 and Machines for Workshops $6,575.93. Revenues from Rents which in 1927 amounted to $33,428.00 declined to $7,728.57. The Railway suffered no damage from typhoons or rainstorms. Permanent Way and Structures, Rolling Stock and Plant were maintained as usual. The Workshops continued to be exceptionally busy until about November, as by arrangement with the Chinese Section 30 of their goods wagons were thoroughly overhauled and reconditioned at our shops. The total train mileage amounted to 292,345 miles, or 67,581 miles more than last year. This includes trains run over the Chinese Section to Canton. The Rules applicable to the Public and to the Staff, as also the General Tariff, were all revised and reprinted. As the result of a decision to adopt concrete sleepers generally, in replacing wooden ones, manufacture was re-started in April and 5,070 concrete sleepers turned out by the end of the year.

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12 KOWLOON-CANTON RAILWAY, All the through express trains between Kowloon and Canton continued to be hauled by British Section engines daily throughout the year, with the exception of two periods totalling 9 days when through traffic was temporarily suspended. Monthly general revenues showed a steady and healthy increase, even throughout the summer months which are usually lean ones, until by the end of the year General Revenues had amounted to $820,994.90 against $713,424.85 for last year. General Revenues for the first time since the opening of the line exceeded Working Expenses by the very satisfactory sum 31 $20,040.73 notwithstanding the inclusion of the exceptional sum of $30,526.76 being depreciation of rails in stock, which were written down to market value and depreciation debited to Working Expenses. Liabilities under Capital decreased by $138,080.45. cumulated deficit stood at $6,978,224.05 on December 31st, The ac The Fanling Branch Line was closed in April as of no further service to the public since the opening of the motor road to Sha Tau Kok. A good proportion of the track recovered as also of the rolling stock and buildings, was disposed of. Additions to Capital Account were light as there were no engineer- ing works of note. The principal items being the Improvements at Taipo Market Station $21,027.31 and Machines for Workshops $6,575.93. Revenues from Rents which in 1927 amounted to $33,428.00 declined to $7,728.57. The Railway suffered no damage from typhoons or rainstorms. Permanent Way and Structures, Rolling Stock and Plant were maintained as usual. The Workshops continued to be exceptionally busy until about November, as by arrangement with the Chinese Section 30 of their goods wagons were thoroughly overhauled and reconditioned at our shops. The total train mileage amounted to 292,345 miles, or 67,581 miles more than last year. This includes trains run over the Chinese Section to Canton. The Rules applicable to the Public and to the Staff, as also the General Tariff, were all revised and reprinted. As the result of a decision to adopt concrete sleepers generally, in replacing wooden ones, manufacture was re-started in April and 5,070 concrete sleepers turned out by the end of the year.

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KOWLOON-CANTON RAILWAY,

General Revenues for the first time since the opening of the line exceeded Working Expenses by the very satisfactory sum 31 $20,040.73 notwithstanding the inclusion of the exceptional sum of $30,526.76 being depreciation of rails in stock, which were written down to market value and depreciation debited to Working Expenses.

Liabilities under Capital decreased by $138,080.45. cumulated deficit stood at $6,978,224.05 on December 31st,

The ac

The Fanling Branch Line was closed in April as of no further service to the public since the opening of the motor road to Sha Tau Kok. A good proportion of the track recovered as also of the rolling stock and buildings, was disposed of.

Additions to Capital Account were light as there were no engineer- ing works of note. The principal items being the Improvements at Taipo Market Station $21,027.31 and Machines for Workshops $6,575.93.