A HEALTHY POSITION
BUOYANT REVENUE FIGURES By Telegraph—Press Association WELLINGTON. March 18. The Minister of Railways, the Hon. D. G. Sullivan, stated today that the net revenue figures for the four weeks ended February 27 showed an increase of £33,000 compared with the same period last year. The increase in gross revenue amounted to approximately £94,000, and the increase in expenditure to £61,000. The revenue figures continued to be adversely affected by the infantile paralysis restrictions. The Minister said he was certain that the budgetary position would be more than sustained. With four weeks of the financial year to go, the increase in gross revenue up to date, more than exceeded the amount budgetted for for the full year- Th* Departments’ motor services were showing a satisfactory financial return.
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Bibliographic details
Timaru Herald, Volume CXLIII, Issue 20680, 19 March 1937, Page 8
Word Count
129A HEALTHY POSITION Timaru Herald, Volume CXLIII, Issue 20680, 19 March 1937, Page 8
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