RAILWAY ACCOUNTS.
TWELVE MONTHS' FIGURES. REVENUE DECREASED £148,707. (By Telegraph—Own Correspondent. >, WELLINGTON, this day. The Railway Department's working account for the twelve months ended March 31 shows a decrease in revenue over the whole of the New Zealand lines of £148,707, the figures for 1927 being £148,707, and for 1928 £1,349,840. The North Island railways contributed £830,375, a decline of £149,771; the South Island railways £211,350, a decline of £73.693, while net receipts from miscellaneous services, £305,121, showed an increase of £74,757. The amount of interest due to the Consolidated Fund was given by the Prime Minister last week as £2.130.807, so that the loss 011 the operation was £781,021, and allowing for the subsidy of £489,568, the Department's deficit will be £291,453.
Passengers carried are classified a? follows, the previous year's returns being given in parentheses: First class. 1,218,150 (1.417.709); second class. 8,080,971 (5.557.290): road motor services, S<i<Uio-3 (200,955), 10,159,192 (10.500.020).
Stock and other goods traflic compare as follows: Cattle (number). 409,94..; (ilfll,312); slice]) and pips (number). U. 312.957 (5,910.847); timber (tons) 571.321 ((>(>4.1 2-11 : other" goods (torn) fi.2t50.544, (0.1 (>9,0 12).
RAILWAY ACCOUNTS.
Auckland Star, Volume LIX, Issue 123, 26 May 1928, Page 9
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