RAILWAY RETURNS.

Manawatu Standard, Volume LXI, Issue 192, 16 July 1941, Page 7

RAILWAY RETURNS.

A BUOYANT PERIOD

(Press Assn) WELLINGTON, July 16. ] Reviewing the prc-audit returns of railway revenue and expenditure, Hon. JR. iSemple stated that the approximate | net revenue for the four-wekelv period | ended on July 21 was £102,035, an increase of £ - 25,347 on the figures for last year's relative period. A gross revenue for the four weeks, £849,153, was the highest ever obtained by the department in a June period. The position for the twelve weeks showed that the net revenue was practically unchanged, this year's figures for 82 days being £401,107 compared with £404.117 for the last year's 83 days. Preliminary returns for the four-weekly period revealed that passenger traffic had increased substantially and that goods traffic had been fully maintained, notwithstanding the overseas shipping position. Expenditure at £747.118 exceeded that of last year's corresponding period by £25,225. The approximate net reve-! line lor the 82 aays this year was £401,107, a slight decrease of £2950.1 "Considering the returns for the first four weeks of the current year showed a net revenue, of £57.039"1e5s than that earned in the first four weeks of last year, and that that decrease has now been practically absorbed by the improved trading results of the past eight weeks, the position to-day is very gratifying indeed," said the Minister of Railways.