. Electric railway journal . line losses, but exclusive of the lighting of the bus-house and offices. The Tees-side Property and Assets account, ex-clusive of £2,558 stores, for the year ended March 31,1920, shows a total of £71,430 made up as follows: Permanent way (bridge) £14,034 Electrical equipment of line 13,572 Land 2,752 Buildings and fixtures 6,428 Workshop tools and sundry plant 585 Cars (trackless buses) 28,823 Other rolling stock 486 Miscellaneous equipment 551 Office furniture 99 Parliamentary expenses 3,655 Preliminary expenses 545 £71,430 Although the Tees-side installation is b
. Electric railway journal . line losses, but exclusive of the lighting of the bus-house and offices. The Tees-side Property and Assets account, ex-clusive of £2,558 stores, for the year ended March 31,1920, shows a total of £71,430 made up as follows: Permanent way (bridge) £14,034 Electrical equipment of line 13,572 Land 2,752 Buildings and fixtures 6,428 Workshop tools and sundry plant 585 Cars (trackless buses) 28,823 Other rolling stock 486 Miscellaneous equipment 551 Office furniture 99 Parliamentary expenses 3,655 Preliminary expenses 545 £71,430 Although the Tees-side installation is but two yearsold appreciable improvement has been made not only inthe method of drive and current collection but also inbody mounting to decreasevibration. Attention hasalso been given to improvedlighting and customary in GreatBritain heating is not afactor. In presenting the costsfor the first full year endedMarch 31, 1921 (Table I),it is but fair to mentionthat when Mr. Parker cameto the property July 31,. especially as the type used on the present buses is notstandard with a quantity output manufacturer. Nightlyexamination and tightening of tie rods is one pre-ventive. The management also hopes to anneal suchaxles every year in accordance with the practice of theLondon General Omnibus Company. One of the prin-cipal reasons for adopting a gasoline chassis for futurevehicles is to be able to purchase replacement parts ona more reasonable basis than is possible when everydetail is special. With reference to the upkeep and depreciation offuture rail-less vehicles, Mr. Parker anticipates thatgeneral repairs and maintenance will work out to to 3d. (5 to 6 cents) per mile. As to depreciation,the income tax authorities have allowed a seven-yearbasis for all the trackless trolley vehicles as againsttheir five-year allowance for gasoline motor buses. rightly points out that stated mileage would bea better guide. He considers 30,000 miles per annu
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