RAILWAY REVENUE

Evening Post, Volume CXIV, Issue 16, 19 July 1932, Page 6

RAILWAY REVENUE

4 FALL IN JUNE

EFFECT OF COAL STRIKE

The Kailway Department V revenue for June suffered a setback a result! of the recent stoppage at the coal mines in the. North, according to a statement by -the.General,Manager of Eailways; Mr. P, G. Boussell, yesterday.

Commenting on the figures relating to the railways revenue for the four weeks ended 25th June,-Mr. Koussell said that the total receipts amounted to £408,933, a decline of £84,359 when compared with the revenue figures for the.corresponding period last year. The main contributing factor to this decrease was the strike in the various doa'l mines throughout the Dominion. "Asian offset to this substantial drop in revenue,"' said Mr. Boussell, "the workirtg expenses also showed a heavy decline, the "total expenditure being £39,7,871, as. compared with :. £460,770 for the' same four-weekly . period of 1931, a decrease of £62,899.

"The loss, of revenue resulting from the trouble in the coal mining industry is, of course, also reflected in the figures for the threo periods of the current financial year to date,i compared with the same periods of 1931. The total' revenue for tliese three four-weekly periods fell from £1,564,306 to £1,416,511, a decrease of £147,885. The total working expenses for .the same three four-weekly periods were reduced from £1,352,654 to £1,224,146, a reduction of £128,508."