THE RAILWAYS.
, REVENUE IMPROVING. DAILY LOSS REDUCED. "The daily loss on th« railways and the Dominion baa been reduced by £1000," tho Hon. J>. H. Guthrie, Minister of Railways, said in reply to a reporter's enquiry yesterday. "That brings the daily loss at present down to £8000," the Minister added, "and that is after allowing for the payment of interest on the capital invested. Excluding provision for interest on capital invested, the actual revenue for the last four-weekly period exoeeded the expenditure by £240,000." Mr Guthrie said that the amounts he had mentioned were in round figures only: he intended making a full statement of the present position in respect of railway finance in a few days.
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Press, Volume LVIII, Issue 17395, 4 March 1922, Page 10
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117THE RAILWAYS. Press, Volume LVIII, Issue 17395, 4 March 1922, Page 10
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