CO129-520-6 Railway development- Canton-Kowloon Railway 5-11-1929 - 5-11-1930 — Page 182

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5

The locomotive derailment occurred in the loco yard at points and was not of a serious nature.

Two fires occurred the same day in the leading ends of coach roofs on different trains. Both were observed and ex- tinguished at once by the train staff, and arrangements made to prevent fires of this nature in future by fitting this class of coach with metal ends in place of wood.

The broken rails are referred to under Engineering, Main-- tenance.

Other accidents occurred which involved:-

to passengers

railway servants

trespassers

Death Serious Slight

Injury Injury

•

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2

3

1

The one death to a passenger was the result of jumping off the train whilst in motion. The lad died two days after the- accident.

ACCOUNTS.

40. The Capital Account and the Revenue Statements of Earnings and Expenditure are submitted in the same form as last year with the pleasing result that for the first time since the introduction of the new system of accounting, the receipts ex-- ceeded the working expenses.

41. Although the accounts in their present form only show a balance net revenue of $20,040.73, this figure would be con- siderably augmented were the following two items to be in- cluded, and the third not charged to

not charged to working expenses,

1. Transport of Government

passengers, etc.

2. Rent of Railway quar-

ters, etc.

3. Russian Rails written down

$20,040.73:

$ 9,535.30

1,859.27 27,980.77

39,375.34

$59,416.07

Making a Total Net Revenue of

42. The Depreciation Charges on Rolling Stock in respect of the current year are in accordance with the scale laid down in the Classification of Expenditure prescribed by the Ministry of Communications, Peking, and a sum of $72,107.77 is included in the Operating Expenses, Maintenance of Equipment, under the usual sub-heads. The amount at the credit of Depreciation Reserves at the close of the year being $809,270.42.

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