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VICTORIAN RAILWAYS

CAPITAL REDUCTION EXPERTS' RECOMMENDATION MELBOURNE, April 17" The expert committee which is investigating the Victorian railway system intends to recommend the writingdown of tho nominal capital of tho railways by one-third, also the establishment of a depreciation fund, which at present does not exist. The total capital on which interest is being paid amounts to £75,000,000.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19330418.2.65

Bibliographic details

New Zealand Herald, Volume LXX, Issue 21469, 18 April 1933, Page 9

Word Count
58

VICTORIAN RAILWAYS New Zealand Herald, Volume LXX, Issue 21469, 18 April 1933, Page 9

VICTORIAN RAILWAYS New Zealand Herald, Volume LXX, Issue 21469, 18 April 1933, Page 9