52. The Main Line expenditure was $256,085.65 against an estimate of $269,000.00, the saving being largely due to recovery of wages of men engaged in the Workshops on work for Government Departments.
53. Only $1,719.78 of the estimate of $7,032.00 was required for the Fanling Branch line, owing to the closing down of the line.
54. The total expenditure amounted to $257,805.43, or $18,826.57 less than estimated.
55. The estimate for Other Charges was $402,496.00 for Railway and $10,470.00 for the upkeep and running of Government Motor Vehicles.
56. Under General Charges sub-head Stores Depreciation the amount provided was exceeded by $30,426.76. In 1918, 333 tons of Russian Rails and Fastenings intended for the use on the proposed Green Island Cement Works siding were taken on charge in the Railway Stores at $113.95 per ton. This scheme has since been abandoned and, as there is no further use for these rails, it was decided to reduce the book value to a more reasonable figure, and $27,980.77 was written off and included in the Working Expenses. Similarly 46 rails purchased in 1909 were condemned by a Board of Survey and sold and $2,520.14 was charged to this sub-head, being the difference between the original cost and the figure realized by sale. Several savings under other sub-heads however, reduced the excess to $28,726.93.
57. The Traffic Expenses were $2,255.90 less than the estimate. The savings under Printing and Uniform amounted to $1,894.50, and smaller sums under other sub-heads.
58. Running Expenses, Main Line, were $238,233.56 against an estimate of $236,630.00. Under sub-heads, Coal and Oil there is an excess of $5,088.05, but minor savings under other sub-heads reduced that excess to $1,603.56.
59. Under Fanling Branch Line expenditure $4,847.85 lapsed, owing to the closing down of the line.
60. The expenditure under Maintenance of Equipment, Main Line, was $503.98 below the estimate. As the Fanling Branch was closed, $1,537.70 was not required.
61. Maintenance of Way and Structures expenses, Main Line, were $4,350.00 less than estimated, small savings appearing under most sub-heads. Fanling Branch requirements were $623.34 only.
62. Referring to the Revenue Account, the local passenger receipts amounted to $289,307.96 as compared with $311,075.87 for the previous year. The goods receipts were $16,347.13 or...
}
S 7 -
52. The Main Line expenditure was $256,085.65 against an estimate of $269,000.00, the saving being largely due to re- covery of wages of inen engaged in the Workshops on work for Government Departments.
53. Only $1,719.78 of the estimate of $7,032.00 was re- quired for the Fanling Branch line, owing to the closing down of the line.
54. The total expenditure amounted to $257,805.43, от $18,826.57 less than estimated.
55. The estimate for Other Charges was $402,496.00 for Railway and $10,470.00 for the upkeep and running of Govern- ment Motor Vehicles.
56. Under General Charges sub-head Stores Depreciation the amount provided was exceeded by $30,426.76. În 1918, 333 tons of Russian Rails and Fastenings intended for the use on the proposed Green Island Cement Works siding were taken on charge in the Railway Stores at $113.95 per ton. This scheme has since been abandoned and, as there is no further use for these rails, it was decided to reduce the book value to a more reasonable figure, and $27,980.77 was written off and included in the Working Expenses. Similarly 46 rails purchased in 1909 were condemned by a Board of Survey and sold and $2,520.14 was charged to this sub-head, being the difference between the original cost and the figure realized by sale. Several savings under other sub-heads however, reduced the excess to $28,726.93.
57. The Traffic Expenses were $2,255.90 less than the estimate. The savings under Printing and Uniform amounted to $1,894.50, and smaller sums under other sub-heads.
58. Running Expenses, Main Line, were $238,233.56 against an estimate of $236,630.00. Under sub-heads, Coal and Oil there is an excess of $5,088.05, but minor savings under other sub-heads reduced that excess to $1,603.56.
59. Under Fanling Branch Line expenditure $4,847.85 lapsed, owing to the closing down of the line.
60. The expenditure under Maintenance of Equipment, Main Line, was $503.98 below the estimate. As the Fanling Branch was closed, $1,537.70 was not required.
61. Maintenance of Wav and Structures expenses, Main Line, were $4,350.00 less than estimated. small savings ap- pearing under most sub-heads. Fanling Branch requirements were $623.34 only.
62. Referring to the Revenue Account, the local passenger receipts amounted to $289.307.96 as compared with $311.075.87 for the previous year. The goods receipts were $16,347.13 or
No comments yet.
Private notes are available after approval.