CHAPTER V. =Finance of Scheme.= Page 45. =Present averages= per annum in round figures taken from Board of Trade returns 1911 and 1912:-- Receipts from Passengers £45,000,000 ” ” Goods per passenger train 10,000,000 ” ” Goods Train Traffic 64,000,000 ” (Miscellaneous) 10,000,000 -------------- Gross Revenue £129,000,000 Working Expenses 81,000,000 -------------- Net Receipts £48,000,000 ============== Total Paid-up Capital and Debentures £1,400,000,000 Net receipts show average income of 3½ per cent. * * * * * Total passenger journeys (of which 10 per cent. were 1st and 2nd class) 1,620,000,000 =Average fare for each journey only 6½d.= * * * * * Total tonnage of goods:-- Estimate per passenger trains 20,000,000 Actual per goods trains 524,000,000 ------------ 544,000,000 * * * * * Average rates per goods train:-- Minerals only 1s. 6d. per ton General Merchandise 6s. ” Both together 2s. 4d. ” =Estimate under proposed scheme=:-- Page 48. =I. Passengers.=--Assuming Main Line passenger journeys are 300,000,000, _i.e._, under 20 per cent. of the total passenger journeys. 300,000,000 at 1s. = £15,000,000 add 30,000,000 at 4s. for 1st class = 6,000,000 1,320,000,000 at 1d. = 5,500,000 add 132,000,000 at 5d. for 1st class = 2,750,000 ------------- ----------- Present No. 1,620,000,000 will produce £29,250,000 Increased number of Main Line passengers required to make up deficiency:-- 250,000,000 at 1s £12,500,000 add 25,000,000 at 4s. extra 5,000,000 ---------- £17,500,000 ----------- Estimated total £46,750,000 This is £1,750,000 more than the present gross revenue from passengers and requires an increase of 250,000,000 = 15 per cent. on the total present number of passenger journeys. =II. Goods.= Total tonnage by goods train as now, viz., 524,000,000, at 1s. 6d £39,300,000