NEW ZEALAND'S RAILWAYS.

Auckland Star, Volume XL, Issue 121, 22 May 1909, Page 4

NEW ZEALAND'S RAILWAYS.

THE NORTH'S INCREASE]* "' EARNINGS. :,. ■ ■-■! The earnings of the Xew Zealand railways for the past three months ugajn show a striking increase in regard to the North Island as compared with tlw South. Although the latter island to the greater mileage, the revenue of the Northern lines exceeds that of the Southern for January, February, and March. The table for the last month 13 as follows: — Miles open for -j traffic. Revenue 1908— North Island .. 953 £116,638 South Island .. 1,521 133,707. 1900— North Island .. 1.132 149,20? South Island .. 1,542 141,958 For the three months the returns are more striking still, as compared with ttaprevious year: — Miles open for traffic; Revcnu* 190S— North Island .. 953 £344,951. South Island .. 1,521 385.31 ft ' 190!)— : '' North Island .. 1.132 403,885 South Island .. 1,542 357 M% It will thus be seen that the revenue for the North Island lines for the first quarter of 1909 exceeded that of the Southern railways by no less HkM l £-21,435, though in 190S the North «*» £40!:5(i5 behind the South. Though the equipment and rolling stock of the South are far superior, the Northern railways are earning at a considerably greater rate per mile, which goes to show that a vigorous policy of railway construction in°the North will more than ius.Ufv &». expense