Minutes of 82nd Meeting held at Euston on Wednesday, 8th March, 1961
Present
Mr.F.L. Lambert,
Planning Officer, Euston (Chairman)
" R.Varley,
Assistant to General Manager (Special Duties), Euston
" P.R.Andrews,
Assistant Economic Survey Officer, Euston
" S.H.Gould,
Operating Officer, Euston
" A.C.Bell,
for Acting Commercial Officer, Euston
" L.D.Taylor,
Acting Motive Power Officer, Euston
" H.A.L.Brooks,
for Divisional Traffic Manager, London (Western)
" E.Stanley,
Mechanical and Electrical Engineer (Maintenance), Derby
" W.F.Beatty,
Assistant Civil Engineer, Euston
" A.T.Salmon,
Assistant Public Relations & Publicity Officer, Euston
" V.R.Riley,
Assistant to Accountant, Euston
" P.L.Dyke
(Secretary)
_______________________________
838. MINUTES OF LAST MEETING, 2ND FEBRUARY, 1961
Agreed.
839. GENERAL MATTERS OF POLICY
1. Position of schemes still to be
submitted
The financial estimates relative to the Manchester Part 4 scheme
contained in the joint memorandum dated 6th March from the Director of Traffic
Services and the Chief Accountant were discussed. It was noted the
figures did not take into account the receipts from parcels etc. traffic and
parcels terminal costs which are at present being assessed.
The figures showed an estimated improvement in net traffic
receipts of £140,000 per annum and a return of 15% on the additional
outlay. The estimated total cost of the existing service, including
allocated costs for track, signalling and terminal expenses, however, exceeds
the estimated gross passenger receipts by £935,000 per annum, which will
be reduced to £795,000 when the diesel scheme is implemented.
It is estimated the withdrawal of the present services, if this
were considered possible, would affect a minimum annual saving of
£61,000, whereas the proposed services would make an annual contribution
of some £79,000 towards terminal, track and signalling etc. costs.
