THE RAILWAY REVENUE.
A SERIOUS FALLING OFF. (From Our Own Correspondent ) Wellington, November 18. Tlie railway revenue of the first 28 weeks of the current financial year is £501,493 as compared with £540,875 for the corresponding period of last year, a decrease of over £39,000. The working expenses amount to £380,446 as against £372,931, an increase of nearly £8000; consequently the net profit is less by £47,000. The mileage is 4651 against 1496. The fraffice shows an increase of 77,235 in the number of passengers, of 11,235 in the number of parcels, kc, and 54,391 in'the number of live stock carried; but a decrease of 67,701 tons in the quantity of goods conveyed. The falling off is in grain, timber, firewood, and general merchandise. Chaff, wool, and minerals show an increase. Tlie working' expenses on Picton line exceed receipts by £110.
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Bibliographic details
Otago Daily Times, Issue 7724, 19 November 1886, Page 2
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141THE RAILWAY REVENUE. Otago Daily Times, Issue 7724, 19 November 1886, Page 2
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