THE WELLINGTON MANAWATU RAILWAY.
[BY TELEGRAPH. —PRESS association.]
Wellington, Tuesday. The annual report of the WellingtonManawatu Railway Company shows that the gross proceeds of 28,807 .acres of land sold amounted to £57,294 7s Id, and there still remains in tho hands of the company an area of 210,691 acres for future sales. In addition the company has still to receive from the Government in fulfilment of their contract land to the value of £29,805. The
gross proceeds of the traffic during the year amount to £46,590 6s lOd. A pleasing feature of the latter is that the returns for the weeks from Ist December, 1887, to '29th February, 1888, in comparison with the corresponding period of the preceding year, show an increase of £219 per week. The working account for the year shows a profit of about £27,000 towards payment of debentures' interest.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH18880328.2.27
Bibliographic details
New Zealand Herald, Volume XXV, Issue 9013, 28 March 1888, Page 5
Word Count
143THE WELLINGTON MANAWATU RAILWAY. New Zealand Herald, Volume XXV, Issue 9013, 28 March 1888, Page 5
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.