RAILWAY FIGURES IMPROVE.
EXPENDITURE DECREASES,
“I am pleased to be able to announce that for the four-weekly period which ended on the 23rd July there has been an improvement in net revenue,of £33,000 compared with the corresponding period of last year,” said Mr. P. G. Roussell, General Manager of Railways, in a statement to-day regarding the latest railway returns. “There was a marked decerase in every item of general expenditure, the decrease for the four weeks amounting to £02,000. The decrease in gross ! revenue zvas £29,000, leaving an increase in net revenue of £33,000, as indicated above.
“Quantitatively traffic appears to be on the mend, judging by the general tendency of the last four weeks. The actual figures of net revenue for the financial year to the 23rd July show £196,940 for 1932 as against £183,519 during the corresponding term last year.”
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https://paperspast.natlib.govt.nz/newspapers/MH19320816.2.7
Bibliographic details
Manawatu Herald, Volume LII, Issue 4796, 16 August 1932, Page 2
Word Count
142RAILWAY FIGURES IMPROVE. Manawatu Herald, Volume LII, Issue 4796, 16 August 1932, Page 2
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