THE RAILWAY REVENUE.

New Zealand Herald, Volume XX, Issue 6817, 22 September 1883, Page 5

THE RAILWAY REVENUE.

[BY TELEGBAI'H. —OWS CORRESPONDENT.] Wellington, Friday. Official returns of the revenue and expenditure of railways for the first twenty weeks of the current financial year are now complete. Last year the net profits for the twenty weeks was £136,054 ; this year they are only £113,946, showing a falling off of £17,138, or at the rate of £44,000 per annum. Practically the whol3 loss of £17,000 is made on the Huruiiui-Bluff line, which shows a decease of £18 per mile in receipts, and an increase of £40 per mile in working expenses. The returns also show a large increase in the quantity of work done on that line, both in passenger and goods traffic. The working expenses have increased in proportion, but the receipts on the coni trary have seriously diminished, owing to the fact that so much less is earned for a given quantity of work none. Theie is a fair improvement in the Wellington, Auckland, aud Napier sec'ions ; while the Manga - nui, Taranaki, Picton. and mineral lines show a slight falling off. Nelson is almost exactly the same as last year. [BY TELEGRAPH.—PRESS ASSOCIATION.! Wellington, Thursday. The following are the Railway Returns for tho four weeks ending August 18 :— ■ north island. Per cent. £ s. A. Revenue. Whang.irei ... 224 17 10 ... 10517 Auckland ... 7,072 17 0 ... 6857 Napier ... 2,338 12 3 ... 65 SO Wellington... 3,225 10 1 ... 78 06 ' Wanganui ... 2,614 10 11 ... 89 70 New Plym'th 920 0 6 ... 9075 Total ...£16,526 17 0 ... 75-54 middle island. Per cent. £ s. d. Revenue. Huruuui-Bluff 4-1,139 15 3 ... 65'59 Groymouth ... 1,180 17 6 ... 56-62 Westport ... 744 17 4 ... 57 33 Nelson ... 657 19 4 ... 77-35 Picton ... 398 3 S ... 97'24 Total ...£47,121 13 1 ... 6502 GrauilTotal 63,648 10 S ... 67"96