COMPARATIVE COST OF COLONIAL RAILWAYS.
[BY TELEGRAPH.—SPECIAL CORRESPONDENT.] Wellington, Thursday. In a conversation with the Minister of Public Works (the Hon. E. Mitchelson) respecting the reports of committees of the Legislative Council on the cost of our working railways, the Minister was good enough to place at my disposal the following comparative statement of the railways, mileage open, capital expended, earnings, expenses, etc., in Now Zealand, New South Wales, Queensland, Victoria, South Austra. lia, West Australia, Capo Colony, and Natal :—
Miles Constructed.— Zealand, 1727; New South Wales, ISS9 ; Queensland, 1555 ; Victoria, 1880 ; South Australia, 1211 ; West Australia, 151 ; Cape Colony, 1599 : Natal, 217.
Total Cost.—New Zealand, £13,017.567 ; New South Wales, £24,071, ; Queensland, £10,155,003; Victoria, £26,171,609; South Australia, £7,533,500; West Australia, £692,175; Cape Colony, £14,130,616 ; Natal, £2,700,000. Cost per Mile Constructed.—New Zealand, £7533; New South Wales, £12,744; Queensland, £6531 ; Victoria, £13,; South Australia, £6221; West Australia, £4416; Cape Colony, £8837 : Natal, £1*2,413. Train Miles Run. — New Zealand, 4,135,578; New South Wales, 6,479,265; Queensland, 2,663,204; Victoria, 7,991,378; South Australia, 1,951,882; West Australia, 282,300; Cape Colony, 2,522,149; Natal, 728,266. Gross Earnings.—New Zealand, £998,768; New South Wales, £2,160,070; Queensland, £693,089 ; Victoria, £"2,453,087 : South Australia, £549,092; West Australia, £37,652; Cape Colony, £1,048,686; Natal, £257,877. Earnings per Train Mile.—New Zealand, 79'50; New South Wales, SO'Ol; Queensland, 6246; Victoria, 67; South Australia, 67.52. West Australia, 32*01 ; Cape Colony, 991)8; Natal, 84"98. Working Expenses. — New Zealand, £699,072: New South Wales, £1,492,992; Queensland, £476,966; Victoria, £1,427,115; South Australia, £370,653; West Australia, £35,439; Cape Colony, £646,715; Natal, £173,931. Working Expenses per Train Mile.— New Zealand, 55'76; New South Wales, 55'30 ; Queensland, 42*98 ; Victoria, 42 80 ; South Australia, 45'57; West Australia, 3012; Cape Colony, 61 '05; Natal, 57.31. Percentage of Working Expenses to Earnings.—New Zealand. 68 48 ; New South Wales, 69'12. Queensland, (58"82 : Victoria, 58"18; South Australia, 67*50; West Australia, 94*12; Cape Colony, 6107: Natal. 67-44.
Percentage of Return upon Capital.— New Zealand, 2*30; New South Wales, 2*90; Victoria, 415; South Australia, 2*37 ; West Australia, 0*31; Cape Colony, 2*84. Natal 310.
The information as regards New South Wales, Queensland, West Australia, and Cape Colony is to beginning of IBS 7 ; as respects New Zealand, to :ilst .March, 1887; V ictoria and South Australia, to 30th June, 1887; and Natal to 31st December, 1887.
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Bibliographic details
New Zealand Herald, Volume XXV, Issue 9105, 13 July 1888, Page 5
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372COMPARATIVE COST OF COLONIAL RAILWAYS. New Zealand Herald, Volume XXV, Issue 9105, 13 July 1888, Page 5
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