Minutes 838 - 846
DIESEL TRAINS COMMITTEE
Minutes of 82nd Meeting held at Euston on Wednesday, 8th March, 1961
|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|
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.