RAILWAY REVENUE
8 ATISFACTORY POSITION. Per .Press Association. WELLINGTON, July 18. Tlie General Manager of Railways (.Mr G. 11. Mack ley) announced to-day, on behalf of the Government Railways Hoard, the financial results of the railway working for the third four-weekly period of the present financial year. Kor the four weeks ended June ‘22 there was an increase in the gross revenue of £'25,741 as compared with the same period of last year, and an increase in expenditure of £25,359, making an increase in net revenue of £382. The gross revenue for the period was £478,111 and expenditure £437,642, making net revenue of £40,469, as compared with £40,087 for the corresponding period of last year. The total revenue figures for the threo periods of this year are £1,550,880, as compared with £1,491,644 last year; the total expenditure figures being £1,286,416 and £1,228.545 respectively, leaving net revenue of £264.464 for i 935 and £263,109 for 1934, which latter year did not include the 5 per cent, increase in salaries and wages, amounting to approximately £36,000 for the three periods of this year.
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Bibliographic details
Manawatu Standard, Volume LV, Issue 197, 19 July 1935, Page 11
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181RAILWAY REVENUE Manawatu Standard, Volume LV, Issue 197, 19 July 1935, Page 11
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