RAILWAY PROFITS.

Auckland Star, Volume LVI, Issue 31, 6 February 1925, Page 8

RAILWAY PROFITS.

REITKN-S FOR NINE MONTH?. I ' (Py Telegraph.— Pres= Association.) | AYELLINCtTON, Thursday. | Working profits earned by the New 'Zealand railways during the 40 weeks of the financiai year ended January 3, 'were £1j00..!W4. a decrease, of £O*U2 in Icompsrison xvith the corresponding prri"d of the previous rear. The decline is due 'to a reduction "in the profits of the iDecember period of £lS,fiol. The North Island railways have proiduced £SM.S43, or almost SI per cent of | the total net earnines. Tbi« fitnirr is less br £1007 than in 1933-1 S-«. Vi orkI in. profits from the South Island we.ro • £lfll 410. a declino-of £3.54 H. I The receipts for the last four xvceks of the period were £645.53n. an increase of £JrtSS. w hile th- working expenses w erp _3W.894. all-increase of ei!*.«SP. "Earnings in the North Island were £400.444. an increase nf £447. and working expenses were £-_4.1.vi, an increase of £POOI. The wnr';ing profit was ClTtvisß. which is £1*541 less than in December of IDS?. ' I Smith Island earnines xvere _'24....,u1. an increase of £nM. ami working expenses were CI73..V*S, an increase of I £91i"7. The xvorkin™ profit. £7-.503, I shows a decline of £0107.