Record Gross Railway Revenue
[Special to “Northern Advocate ” 3 AUCKLAND, This Day. According to a statement issued by the Minister of Railways ,the Hon. D. G. Sullivan, the gross railway revenue for the four-weekly period ended February 4 will constitute a record. “As I have already said, we are estimating that the net revenue for the current financial year, which ends on March 31, will be somewhat above £700,000,” said the Minister. “For the four weeks ended February 4, the preliminary revenue figures indicate that the gross revenue will be about £B3o^oo— the highest revenue total ever yet recorded in the history of our railways for a fourweekly period. “The net earnings for this fourweekly period should approximate £150,000, or £42,000 more, than the net revenue for the corresponding period of last year.”
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https://paperspast.natlib.govt.nz/newspapers/NA19390221.2.64
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Northern Advocate, 21 February 1939, Page 6
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133Record Gross Railway Revenue Northern Advocate, 21 February 1939, Page 6
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