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RAILWAY FINANCES

FDUR-WEEKLY ANALYSIS INCREASES IN REVENUE [Per United Press Association.] WELLINGTON, January 27. The General Manager of Railways, Mr G. H. Mackley, announced on behalf of the Government Railways Board the financial results of the railway working for the four-weekly period ended January 4, as follows; — Gross revenue, £598,203 —an increase of £33,135 as compared with the corresponding period of last year. Expenditure, £429,866 —an increase of £26,395 over last year, ihe figures include the increased expenditure involved in the 7* per cent, increase in salaries and wages. For the 10 four-weekly periods of the current financial year up to January 4 the total revenue was £5,027,625, as against £4,775,908 for the same period last year, making an increase of £-51,718 in the revenue account. The working expenses for the financial year to date total £4,427,906, compared with £4,205,152, an increase of £222 754. After absorbing tlie expenditure due to the increase in salaries and wages the net revenue to date compared with last year shows an increase of £28,964.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19360128.2.84

Bibliographic details

Evening Star, Issue 22248, 28 January 1936, Page 11

Word Count
171

RAILWAY FINANCES Evening Star, Issue 22248, 28 January 1936, Page 11

RAILWAY FINANCES Evening Star, Issue 22248, 28 January 1936, Page 11