The railway returns fox the first four weeks of the current finan-
T!ie Railway Revenue.
cial year , naturally compare favorably with those
of the corresponding month of 1913. as the Easter holiday traffic swells the 1914 period. " The revenue amounted to £544,900 (as against £321,684), of which £181,551 was from North Island and £165,549 from South Island lines. The expenditure totalled £194,006, and it is somewhat curious that, whereas expenses on the Jforth Island system rose by 1 nearly £IO,OOO, thoso on the South'lsland system, despite presumably heavier traffic owing to the holidays, were reduced \>y alxjut the same amount. This enabled the proportion of expenses to revenue on the South Island linee to show at the ably low figure of 51.26 per cent., while th<* ratio for the whole railway system of both islands was 56.25, as against 60.22 per cent, in the corresponding period of 1915. It is worthy of notice that the expenses of running the Lake Wakatipu steamers were cut down from £550 to £455, and as Queenstown is a favorite Easter resort, there was a revenue of £720, enabling this section of the service I for once in a way to show a profit' pro tem.
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Bibliographic details
Evening Star, Issue 15513, 8 June 1914, Page 4
Word Count
201Untitled Evening Star, Issue 15513, 8 June 1914, Page 4
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