N.Z. RAILWAYS

Bay of Plenty Times, Volume LXVII, Issue 12822, 17 August 1939, Page 4

N.Z. RAILWAYS

BRANCH LINES In dealing with branch lines the Railways Statement says the operating revenue from branch lines, totalled £379,911, a decrease of £6,251 (1.62 per cent.) compared witli the previous year. Passenger traffic shows a decline of £ 3,395 and goods traffic a decrease of £3,129, Parcels traffic shows a decrease also, Mails and miscellaneous revenue show small increases. . The operating expenditure m £ 557,814; an increase of £3,510 (0.63 per cent.) compared with the previous year. Increased costs in connection with maintenance of roll-ing-stock, traffic transportation, and locomotive-running were the main factors responsible for the increase in expenditure. After allowing for the main line “feeder value’’ of branch line traffic, the operating loss on , branch lines was £ 155,129. Interest charges amounted to £ 386,276, making a total loss of £ as against a loss of £ 531,953 for the previous year, an increase of £ 9,452 (1-d per cent.). Of the total revenue of £ 379,911 the South Island branches earned £ 260,979, or 68.69 per cent iJJ decrease over last year in the bom Island was £ 14,386, or 3.83 P cent., while the improvement in t North Island amounted to £ B,ISA 7.34 per cent. Passenger revenue declined both Islands, the decrease being g eral, nineteen branches showing , creases amounting to £ nine showed increases of * ; Goods revenue showed an mcrea .. £8,314 in the North Island ana decrease of £ 11,443 in the . Island. Parcels revenue increaby £ 356 in the North and decreaby £ 832 in the South I sland ;-, de . The principal increases an creases in expenditure on lines are shown hereunder: per £ Cent Waiotira-Kirikopum - 4> jj Paeroa-Taneatua o ifi'l i-' 1 Waipara-Parnassus jj.id Lincoln-Little River - JJ.'" 61>S | Darfield-Whitecliffs - TLJ” 0 Washdyke-Fafrlier 7 ,;{ Pukeuri-Kurow li’ksS 23.1* Waiareka-Ngapara J.JS Wingatu-Cromwell iJ’Lg 6.3> Milton-Roxburgh Tr’Lg \ Waipahi-Edievale - t*’ 7 gi i2i f Invercargill-Tokanui ... TL