THE RAILWAYS

Manawatu Standard, Volume LIV, Issue 110, 9 April 1934, Page 2

THE RAILWAYS

RESULT FOR 48 WEEKS. NET REVENUE OF £966,000. WELLINGTON, April 7. The abstract of the railway working account for the period ended March 3 is published in the Gazette. It gives the complete figures concerning which a preliminary statement was made on March 23. The net revenue for the period shows an increase of £2640 compared with that for the corresponding four weeks last year, the respective totals being £158,275 and £155,635. . The gross revenue was £582,009, which is £14,474 more than in the corresponding period last year. Expenses amounted to £423,734, an increase of £11,834. Operating revenue in the North Island was £310,914, an increase of £19,475. Expenses were £226,930, an increase of £Bl9l. Net earnings increased by £11,282 from £72,702 to £83,984. In the South Island, receipts were £214,237 and expenses £166,163, a decrease of £10,407 and an increase of £1348 respectively. Net earnings de--creased by £11,755 to £48,074. Net revenue from miscellaneous services was £26,217, an increase of £3113. The gross revenue was £56,858 and the expenditure £30,641. Following is a summary of the net results for the corresponding periods of four weeks in the last three years: 1933. 1932. 1931.

*Loss on operation. Revenue for the 48 weeks from April 1 to March 3 was £5,712,626, an increase of £216,547, while expenses totalling £4,746,424 show a decline of £9982. The net revenue. £966,202, is £226,529 higher than for the corresponding 48 weeks of last year.

£ £ £ April 29 ... ... 109,664 102,677 94,746 27 .... ... 79,199 78,832 84,474 24 ... 23,135 10,744 62,522 22 ... 20,034 4,467 *28.223 19 ... ... 15,698 18,179 *31,547 Sept. 16 ... ... 31.011 15,428 13,513 14 ... 27,666 10,616 3,158 11 .... ... 51,132 18,922 25,738 9 ... 115,165 59,843 52.211 6 ... 187,904 137,605 174.109 Feb. 3 ... 147,269 126,729 110.439 March 3 ... ... 158,275 155,635 127,432 £966,202 £739,673 £658,573