GREATER RETURN
REVENUE FROM THE RAILWAYS. OFFSETS HIGHER EXPENDITURE. FIGURES TO OCTOBER 10. (Per Press Association.) DUNEDIN, This Day. Great satisfaction Avith. the improvement in the railivay revenue, which promises to offset the higher expenditure resultant on the Avage restoration, shorter hours and larger staffs, Avas expressed this morning by the Minister of Railways (the Hon. D. G. Sullivan) in releasing figures for April 1 to October 10. Details are as folloAV, compared with the corresponding term last year:— 1936. 1935. I! £ Revenue 3,823,334 3,405,532 Working expenses 3,476,482 3,044,997 Nett Revenue ... 346,852 360,535 The Minister stated that the figures were even more .good Avhen analysed, for last year’s working expenses did! not include £46,196 retrospective restoration of wages. With this included the net revenue showed 1 an increase of £32,513.
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Bibliographic details
Ashburton Guardian, Volume 57, Issue 25, 9 November 1936, Page 6
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130GREATER RETURN Ashburton Guardian, Volume 57, Issue 25, 9 November 1936, Page 6
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