FURTHER IMPROVEMENT
RAILWAY REVENUE
MINISTER GRATIFIED
(IVr Press Association.)
WELLINGTON, this day.
A further improvement in the net revenue of the Railway Department was reported by the Minister of Railways, the Hon. D. G. Sullivan, yesterday.
In a statement to the press a fortnight ago Mr. Sullivan said he had stated that the approximate net revenue for the four-weekly period ended February 4 last would be £42,000 more than the net revenue for the corresponding period of last vear.
The actual figures now showed that the increment for the period was £47,000, £SOOO more than was calculated, he said.
“Tlie position now is that the net revenue for the financial period of 44 weeks, April 1 to February 4, was £208,000,” added Mr. Sullivan. “The additional revenue increases for the fortnight, which ended on February 18 amount to £61,171, and I am confident that at March 31, the net revenue for the full year will, as previously estimated, be £700,000. This must be considered a very gratifying recovery indeed.”
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Bibliographic details
Poverty Bay Herald, Volume LXVI, Issue 19881, 7 March 1939, Page 12
Word Count
169FURTHER IMPROVEMENT Poverty Bay Herald, Volume LXVI, Issue 19881, 7 March 1939, Page 12
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