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YEAR'S RAILWAY PROFIT

TOTAL OF £1,271,930 EARNED.

MILLION FROM NORTH ISLAND MORE PASSENGERS AND GOODS. [BT TELEGRAPH. —PRESS ASSOCIATION.] ' WELLINGTON, Thursday. The returns of revenue and expenditure of the Railway Department for the year ended March 31, were gazetted to-night. Compared with those for the previous year they axe as follow : —

The number of passengeis carried during' the year was 15,315,614, against 12,760,814 for the previous year, an increase of 2,554,826. The increase in the number of second-class passengers was 2,120,000, while the increase in first-class passengers was 432,000.

Live stock carried numbered 7,505,967, a decrease of 168,565, while goods carried totalled 6,085,360 tons, an increase of 488,128 tons.-

1920-21. 1919-20. Revenue . . £6,908,530 £5.752,487 Expenditure . . 6.636,600 4,105,067 Net revenue £1,271,930 £1,647,420 The returns for the two islands are as follow :— ■ SOKTH ISLAND. 1920-21. 1919-20. Revenue . . £4.134.985 £3,366.330 Ezpendituxe . . 3,126,400 2.268,486 Net revenue £1,098,585 £1,097,844 SOUTH ISLAND. 1920-21. 1919-20. Revenue . . £2,773,545 £2,386.157 Expenditure . . 2,510,200 1,836,581 Net revenue £263,345 £549,576

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19210513.2.19

Bibliographic details

New Zealand Herald, Volume LVIII, Issue 17780, 13 May 1921, Page 4

Word Count
158

YEAR'S RAILWAY PROFIT New Zealand Herald, Volume LVIII, Issue 17780, 13 May 1921, Page 4

YEAR'S RAILWAY PROFIT New Zealand Herald, Volume LVIII, Issue 17780, 13 May 1921, Page 4