8. The steady increase in the revenue from practically all sources indicates the growing popularity of transport by rail. Passenger trains were frequently filled to capacity and often over-crowded; but with an increase in the number of passenger coaches by both Sections in the near future it is hoped that all passengers offering may be accommodated, and in reasonable comfort.
9. An encouraging increase of 12.7% in receipts from through and joint sectional passenger traffic resulted from the improved service of through trains, including additional through trains at week-ends.
10. There were no alterations to the through fares during the year. The disparity between Canton and Hong Kong currency steadily increased, from the average selling rate of 144.52 in January to 151.47 in December. The transaction rate, by which the fares of the two Sections are adjusted, and which was agreed at 140 for the first half of the year, was revised to 145 for the second half. The actual average selling rate for the whole year was 148.33, which gave a slight advantage to the Chinese Section fares on the increasing difference. But for the latter half of the year, as no adjustment was made in the down through fares, this advantage amounted to 4.88% on the down through fares collected in Canton currency.
11. There was a remarkable increase in the receipts from local passenger traffic of no less than $212,471.88 or 43.2%, which brought the total earnings from this source up to $704,183.04, as against an increase of $73,193.54 in earnings from through and joint sectional passenger traffic, which totalled $650,278.84, so that while for 1932 the percentages of through and local passenger traffic to the total were 54% and 46% respectively, in 1933 the position was reversed, and through passenger receipts accounted for only 48% against 52% for the local passenger receipts, of the total earned on these two items.
12. This latter increase was the result, partly of the development of the border town of Shum Chun, partly of the opening up of roads in south-eastern Kwang Tung from populous centers to stations on the Chinese Section whereby not only was new traffic created but traffic from Sha U Chung, via ferry across Mirs Bay to Taipo, was diverted by roads to the line farther northwards with resulting higher fares, and partly to greater use of the line by the Military, school children and school picnics.
13. Through goods traffic showed a healthy improvement and shippers are slowly beginning to realise the advantages of speed offered by rail transport, though the handling charges in connection with transhipment are still relatively high. A fast through goods service, hauled by British Section engines, was inaugurated in October, and was well patronised.
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8. The steady increase in the revenue from practically all sources indicates the growing popularity of transport by rail. Passenger trains were frequently filled to capacity and often over-crowded; but with an increase in the number of passenger coaches by both Sections in the near future it is hoped that all passengers offering may be accommodated, and in reasonable comfort.
9. An encouraging increase of 12.7% in receipts from through and joint sectional passenger traffic resulted from the improved service of through trains, including additional through trains at week-ends.
10. There were no alterations to the through fares during the year. The disparity between Canton and Hong Kong currency steadily increased, from the average selling rate of 144.52 in January to 151.47 in December. The transaction rate. by which the fares of the two Sections are adjusted, and which was agreed at 140 for the first half of the year, was revised to 145 for the second half. The actual average selling rate for the whole year was 148.33, which gave a slight advantage to the Chinese Section fares on the increasing difference. But for the latter half of the year, as no adjustment was made in the down through fares, this advantage amounted to 4.88% on the down through fares collected in Canton currency.
11. There was a remarkable increase in the receipts from local passenger traffic of no less than $212,471.88 or 43.2%, which brought the total earnings from this source up to $704,183.04, as against an increase of $73,193.54 in earnings from through and joint sectional passenger traffic, which totalled $650,278.84, so that while for 1932 the percentages of through and local passenger traffic to the total were 54% and 46% respectively, in 1933 the position was reversed, and through passenger receipts accounted for only 48% against 52% for the local passenger receipts, of the total earned on these two items.
12. This latter increase was the result, partly of the development of the border town of Shum Chun, partly of the opening up of roads in south-eastern Kwang Tung from populous centers to stations on the Chinese Section whereby not only was new traffic created but traffic from Sha U Chung, via ferry across Mirs Bay to Taipo, was diverted by roads to the line farther northwards with resulting higher fares, and partly to greater use of the line by the Military, school children and school picnics.
13. Through goods traffic showed a healthy improvement and shippers are slowly beginning to realise the advantages of speed offered by rail transport, though the handling charges in connection with transhipment are still relatively high. A fast through goods service, hauled by British Section engines, was inaugurated in October, and was well patronised,
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