OUR RAILWAYS.
GREAT INCREASE OF EARNINGS. Thk Minister of Railways estimates the earnings of the railways during the finaticlal year jusb ending will exceed the earnings of last year by noarly £ 110,000. Tho increased expenditure necessary to earn this amount will nob exceed £30,000. the amount expended in maintenance and ballasting lines has been in excess of the amount sponb in any previous year, while something like £50,000 has been expended in the construction and replacing of rolling stock, trucks, carriages, and engines. So far as the passenger and general traffic is concerned this year will bo a record one in the hittory of New Zealand railways, and notwithstanding the considerable increase the neb earnings this year will work out at aboub £3 2s 61 per cent, as compared with £2163 last year, and £214s 6d for the previous year. This year's earnings, 3J per cent., aro the high" oat) on record sinco 1883.
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Bibliographic details
New Zealand Herald, Volume XXXIV, Issue 10417, 15 April 1897, Page 3 (Supplement)
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154OUR RAILWAYS. New Zealand Herald, Volume XXXIV, Issue 10417, 15 April 1897, Page 3 (Supplement)
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