RAILWAYS AND TRAMS
NEW SOUTH WALES SYSTEM WORLD RECORD CLAIMED. Bv Telegraph.—Press Assn.—Copyright. SYDNEY. December 17. The Chief . Railway Commissioner, speaking at the Millions Club, said at the end of the last financial year the ■capital invested in the railways and tramways of New South Wales amounted to 111 millions sterling, and in that period the services earned £20,388,000. The department spent ;i£15,116,000,.; leaving £5,274,000 to pay 4.88 per cent, on capital. This return on capital had not been equalled by any railway in the world operated by white labour.
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New Zealand Times, Volume LII, Issue 12323, 18 December 1925, Page 11
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90RAILWAYS AND TRAMS New Zealand Times, Volume LII, Issue 12323, 18 December 1925, Page 11
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