CHARGED TO CAPITAL: "ADDITIONS TO OPEN LINES."

New Zealand Herald, Volume XL, Issue 12238, 6 April 1903, Page 6

CHARGED TO CAPITAL: "ADDITIONS TO OPEN LINES."

„ TO THE EDITOE. '.' 1$ 7?m fef • | Sir,—The following information «t„ „ > ' items now charged to the capital aee<mJ h 1 i our railways may at the present timSjAi l ol # 3 your readers These items are •'new policy paid for out of loan i! / 1 * of out of revenue, as they formerly^ ■ and still ought, to be, and are charged account " additions to open lines -anil iv'•& the railways are made, to anncnr """ rate of interest they do not earn ' ' eara * These are some of them: « AdditwfPpi? improvements to station buildings nl«r ' and signals; replacing sleepers • hX B *' strengthening, land, additional works " services, etc. for locomotive depatffl? sidings, loading banks, stockyards pro aches, and crossings; additions to d*3v ings. relaying, fencing, reclamation wnri! ' interlocking appliances; additions to J shops, telegraph and telephone faeihV ' ' crcosoting plant, improvements to T „ ' :W' ation grounds, Upper Hutt; block-wnrU 6 " Departmental offices, Wellington; m-ohS?*' ; - works, stionecrusher, weighbridges renl»»' T# * sleepers, footbridge, stockyards, tilling In j S flat, Nelson; viaducts, clearing slows S! store office, diving plant, flood openings V teration of grades, crane, lightening cu«; ® 011 Ofrago Central railway, painting mariS 8 * turntable and engine pit, additional coal ' eommodntion. triangle. Rolleston- shelf shed, and signals ; lengthening cutting ql, Central railway, reconstruction of RanS° bridge wheel drop pits, drainage," footpath securing station safes m concfefe making station booking-offices private" t The above items are all charged to'flu way and works department." Aft# perusing the comprehensive list, one wm,£ what is left to be charged to the "St ance of way" account. . n " Under the heading "Locomotive Denarf ment all rolling stock of every class vr'tv nil alterations and reconstructions also fit ting them up, and also all tarpaulin's an pear to bo now charged to capital accent A very easy way of earning interest— etc., Samuel Vam Auckland. March 30, 1905. ® '