NEW ZEALAND RAILWAYS.

Waikato Times, Volume 112, Issue 18796, 18 November 1932, Page 7

NEW ZEALAND RAILWAYS.

AN IMPROVED POSITION. THE LATEST RETURNS. (By Telesraph,—P r ess Association.) WELLINGTON, Thursday. ■Complete details of railway revenue for the four-weekly 'period ended October 15, concerning which a preliminary statement was made on November 5, are contained in the abstract of the working account published in the Gazette. There was a working profit of £10,616, a substantial gain compared with that of £3158 made in the corresponding period of last year. The 'gross tec-elpts for the period were £400,834, or £25,031 less than last year. Expenses at £390,218 were £32,4 89 less. The operating account for the North Island shows a revenue of £209,934 and expenses amounting to £211,091. There was a loss of £1157, compared with £6195 last year. The receipts for the South Island railways were £138,766 and the expenditure was £153,524. The result was a working loss of £'14,758, as against a loss of £18,399 last year. The balance of miscellaneous revenue was £26,531, compared with £27,752 last year. For (he period from April 1 to October 15 net revenue was £240,938, as against £1 68,644 last year. The gross revenue was £3,031,632, a decline of £258,705. The expenditure was £2,790,694, compared with £3,121,693, a decrease of £330,999. Following is a summary of the net results for ttic corresponding periods of four weeks, in the last three years

Period to 1035 1031 1030 £ £ £ April 30 . 1 05,077 04,740 153,570 M\lv 58 78,835 84,474 83,134 Jun'e 55 10,74 4 35,555 *4,057 July S3 4,107 * ° S 0 23 *7,005 All |T. 50 18,170 *31,547 *30,500 Sept. 17 15,153 13,513 1 4,707 Ort. 1 5 10,016 3,158 *10,398 £5 10.03S •Loss on £108,044 Operation. £108,588