THE RAILWAYS

Nelson Evening Mail, Volume 76, 19 June 1941, Page 6

THE RAILWAYS

INCREASE IN NET REVENUE COMPARATIVE FIGURES FOR MONTHLY PERIOD Wellington. This Da; ! Preliminary returns of raihva revenue and expenditure for the sec ond four-wecklv period of the cui rent financial year, indicates an ii crease in net revenue of approximate ly £28.485 compared with the figure for the corresponding period last yea said the acting Minister of Railway Mr Nash, to-day. . “The approximate gross revenu from 27th April to 24th May amounl ed to £914,322, against £879,818 fc the second period last year—an ir

crease of £34.504,” said the Minister “and the expenditure (£750.997) thi: year was only £6019 in excess of las year’s second period disbursements Net revenue for the second portior jof 1941 and 1940 respectively wa: J £163,325 (tentative) and £134.84( j —an increase this year of £28,485 “This satisfactory result represent: a recovery of practically one-half o ; the decrease (£57,039) which marked the net revenue for the first fourweekly period of this year in comparison with that of the first period ol 1940. Returns for the eight weeks from Ist April to 24th May disclose a gross revenue of approximately £1,743.664, compared with £1.731.481 received during the April anc May periods of 1940 —a decline ol £37,817. Against this, however, there has been a reduction of £9263 in expenditure. “The approximate net revenue foi this year’s first and second period: ; amounted to £298.876 which is £2B. „ j 554 less than the net revenue for the f i relative eight weeks of 1940,” con-