N.Z. RAILWAY RETURNS
FURTHER IMPROVEMENT.
[PEE PRESS ASSOCIATION.]
WELLINGTON, August 13.
“I am pleased to be able to announce that foi* the four-weekly period which ended on July 23, there has been an improvement in the net revenue of £33,000, compared with the corresponding period of last year,” said Mr Roussell, General Managex* of Railways, in a statement, to-day, regarding the latest Railway returns.
“There was a marked decrease in every item of general expenditure, the decrease fox* four weeks amounting to £62,000. The decrease in gross revenue was £29,000, leaving an increase in net revenue of £33,000.” Quantitatively, traffic appears to be on the mend, judging by the general tendency of the last foux* weeks. The actual figures of net revenue fox* the financial yeax* to July 23 show £196,946 fox* 1932, as against £183,519 during the corresponding term last year.
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Bibliographic details
Greymouth Evening Star, 13 August 1932, Page 2
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142N.Z. RAILWAY RETURNS Greymouth Evening Star, 13 August 1932, Page 2
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