REVENUE LOWER

Poverty Bay Herald, Volume LXIV, Issue 19267, 8 March 1937, Page 11

REVENUE LOWER

RAILWAY FINANCES £68,879 DECREASE SHOWN A net revenue of £73,591, or £66,879 less than for the corresponding period last year, is shown by the railway working account for the four-weekly period ended January 30. This year's return includes a slightly greater quota of the New Year holiday traffic than did that of last year. The gross revenue was £626,832, an increase of £22,338. Expenditure was £553,248, or £86,217 higher.^ Operating revenue in the North Island was £341,929, which is £10,986 more than in the corresponding period last year. Expenses amounted to £204,306, or £39,224 greater. Not earnings decreased by £28,238 to £47,623. In the South Island receipts were £212,480, and expenses £212,407, an increase of £2864 in the first instance and of £34,556 in the second. Net earnings at £73 were £31,692 lower,;

Net revenue from miscellaneous services was £25,895, a decrease of £3949. The gross revenue was £72,430 and the expenditure £46,535. Revenue for the 44 weeks from April 1 to January 30 was £6,229,079, an increase of £596,936 on the figure for the corresponding portion of last year. Expenses, totalling £5,646.880, were £762,161 higher. Net revenue, at £582,199. decreased hy £155,225.