RAILWAY PROFIT OF £146,176
ACCOUNT FOR FOUR WEEKS (New Zealand Press Association) WELLINGTON, April IX A profit of £146,176 was made on railway operations in the four week* to March 3. For the four weeks ta February 3 the profit was £211,293. Details of operations in the fow weeks to March 3 are:— .
Rev. £ Expend. Net tw. £ 4 North Island main line & branches .. 1,085,393 965,452 1UJ41 South Island main line & branches .. 804,843 593,953 10,M Nelson 1,875 4,232 Total railway operation .. 1,692,111 1,563,637 128,474 Miscellaneous services 300,771 283,069 17,Ml Total .. 1,992,882 1,846,706 148,13 From April 1, 1950, to March 3,1851, the totals were: revenue, £20,461,128: expenditure. £20,266,309: net revenue. £194,819. For the corresponding period last year the totals were: revenue £17,798,069; expenditure, £18,936,101: net loss, £1,138,032.
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Bibliographic details
Press, Volume LXXXVII, Issue 26395, 13 April 1951, Page 8
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125RAILWAY PROFIT OF £146,176 Press, Volume LXXXVII, Issue 26395, 13 April 1951, Page 8
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