RAILWAY FINANCE.
YEAR WITHOUT PROFIT.
GOODS TRAFFIC MAINTAINED. (By Telegroph. —Special to "Star.") : WELLINGTON, this day." ' Final returns for the financial year ended March 31 are not yet available in regard to the railways, but it is not expepted that they will show a profit after payment of interest, though goods traffic is well maintained and is showing that business is coming back to the railways. The passenger traffic has seriously declined owing to motor competition and the infantile paralysis epidemic. The late Easter also prejudices financial results by throwing this traffic into the next financial year.
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Auckland Star, Volume LVI, Issue 83, 8 April 1925, Page 4
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97RAILWAY FINANCE. Auckland Star, Volume LVI, Issue 83, 8 April 1925, Page 4
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