RAILWAY LOSS.
; THE VICTORIAN SYSTEM. I
United Press Association—Copyright) (Received This Day, 11.45 a.m.) > j MELBOURNE, This Day.'
,;A deficit of £506,306, which is £60,144 less than the previous year, is shown in the annual deport of the Railways Commissioners. A tremendous increase in the volume of traffic is revealed, which the Commissioners attribute to the policy of lower fares and more efficient services. Revenue increased by 270,758. Working expenses were £24,470 higher, and interest charges £23,856 lower. Country passenger lines increasedby £41,847 and goods line stock by £212,405. ■ . \ These figures do not indicate the true normal increase, as last year the Centenary traffic brought an increase, of £130,000. ■ A Suburban passengers carried numbered 134,037,069, and country 5,426,676,,if The Commissioners estimate that the railways were deprived of goods revenue of £1,000,000 by road transport.
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Ashburton Guardian, Volume 56, Issue 276, 3 September 1936, Page 5
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134RAILWAY LOSS. Ashburton Guardian, Volume 56, Issue 276, 3 September 1936, Page 5
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