29. On August 24th, the following drastic reductions in terminal single fares by ordinary trains were made, and second and third class return fares were cancelled:-
U P New Old H.K.C. H.K.C.
Down New Old
1st class $4.00 $5.00 $5.60 $7.00
2nd class $1.80 $2.60 $2.60 $3.60
3rd class $0.70 $1.20 $1.00 $1.60
The results proved highly satisfactory in attaining the object in view, as will be seen from the charts on pages 2 and 3.
30. Rates and fares have naturally been influenced by the circumstances already referred to, and with the object of assisting the agricultural section of the community, special reduced sectional fares between the British Section and the larger stations on the Chinese Section, at rates of 7, 5, and 2 cents Hong Kong currency per mile respectively for first, second and third class travel, were introduced on January 1st.
31. For similar reasons a 10% reduction on through goods rates also took effect on January 1st.
32. The action referred to in paragraph 30 produced satisfactory results and revised sectional fares for all stations, calculated on a similar basis, followed as a matter of course. The stimulation obtained during the first half of the year amounted to $20.8% and the subsequent slump of 35% which occurred was due to abnormal causes.
33. The combined rail and bus fares from Kowloon to Wai Chow were reduced 20% on September 16th, due to intensive competition by tow-boats plying on the East River to Canton. The long alternative all-water route opened up by the tow-boats was attracting passengers from the railway, and adversely affecting through road and rail bookings. The measure has proved successful and revenue from this source has been maintained.
34. February 1st saw the introduction of a revised local passenger fare-table based on rates of 9, 6 and 3 cents per mile respectively for first, second and third class travel. The revision was necessitated by the new Through Working Agreement, as certain fares in the old table were greatly in excess of those allowed...
35. A new and simpler public schedule of parcels rates, and rates for live stock, was also issued on February 1st.
36. Revised rates for goods were introduced on January 15th, and rates for small consignments were amended on March 1st.
- $ 11 -
29. On August 24th, the following drastic reductions in terminal single fares by ordinary trains were made, and second and third class return fares were cancelled:-
U P New Old H.K.C. H.K.C.
!
DowN New
Old
1st class
$4.00 $5.00
0.0. C.C,
$5.60 $7.00
·
2nd class ...
$1.80 $2.60
$2.60 - $3.60
3rd class ...
$0.70 $1.20
$1.00 $1.60
The results proved highly satisfactory in attaining the object in view, as will be seen from the charts on pages 2 and 3.
→
30. Rates and fares have naturally been influenced by the circumstances already referred to, and with the object of assisting the agricultural section of the community, special reduced sectional fares between the British Section and the larger stations on the Chinese Section, at rates of 7, 5, and 2 cents Hong Kong currency per mile respectively for first, second and third class travel, were introduced on January 1st.
31. For similar reasons a 10% reduction on through goods rates also took effect on January 1st.
32. The action referred to in paragraph 30 produced satis- factory results and revised sectional fares for all stations, calculated on a similar basis, followed as a matter of course. The stimulation obtained during the first half of the year amounted to $20.8% and the subsequent slump of 35% which occurred was due to abnormal causes.
33. The combined rail and bus fares from Kowloon to Wai Chow were reduced 20% on September 16th, due to intensive competition by tow-boats plying on the East River to Canton. The long alternative all-water route opened up by the tow-boats was attracting passengers from the railway, and adversely affect- ing through road and rail bookings. The measure has proved successful and revenue from this source has been maintained.
34. February 1st saw the introduction of a revised local passenger fare-table based on rates of 9, 6 and 3 cents per mile respectively for first, second and third class travel. The revision was necessitated by the new Through Working Agreement, as certain fares in the old table were greatly in excess of those allowed...
35. A new and simpler public schedule of parcels rates, and rates for live stock, was also issued on February 1st.
36. Revised rates for goods were introduced on January 15th, and rates for small consignments were amended on March 1st, .:
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