It is noticed (says the Wellington correspondent of the (Jhristchurch Press) with some regret that the railways generally are bpginning to show some falling off this year as compared with laet year. The returns for the twenty weeks show the mileage receipts as being practically stationary, while the working expenses have increased by over thirty thousand (£30,000) in. that period, absorbing 62 per cent, of tbe revenue instead of 57 per cent, as last year. Consequently the nett profit for the twenty weeks exhibits a decrease ot ten thousand (£10,000). Of this falling off, three-fourths is oa the Hurunui-Bluff line, on which the receipts have only increased by £l 16s 5d per mile, while the expenditure has risen £52 28 3d per mile. Oα the Auckland lines, too, the receipts have diminished by £6 5s 7d per mile, and the expenees are augmented by £30 18s 2d per mile. On the Nelson lines the receipts have diminished by £44 4s per mile, and the expenditure has increased from 72 to 77 per cent, on the revenue. On the Wellington line the receipts have increased by £66 11s sd, and the expenditure bas fallen from 80 to 76 per cent. The coal lines are still doing Bplendidly. The above returns, however, are considered to show that great care will have to be exercised in doing anything which may tend either to lessen the receipts or enlarge the expenditure.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DTN18820927.2.7
Bibliographic details
Daily Telegraph (Napier), Issue 3502, 27 September 1882, Page 2
Word Count
237Untitled Daily Telegraph (Napier), Issue 3502, 27 September 1882, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.