RAILWAY REVENUE

Waikato Times, Volume 118, Issue 19632, 19 July 1935, Page 10

RAILWAY REVENUE

FIGURES FOR FOUR WEEKS SMALL GAIN REVEALED.

(By Telegraph.—Press Association.)

WELL IN GTON, Thursday

The general manager of railways, Mr G. 11. Mackley, announced to-day, on behalf of the 'Government Railways Board, the financial results of railway working for the third four-weekly period of Iho present financial year. For the four weeks ended June ?? there was an increase in gross revenue of £?.’).Til. compared with Hie same period of last year, and an increase in expenditure of I' ?•’>.. fi.Vj. making an increase in net revenue of CRB?.

The gross revenue for Hie period was ci7S.l t!. ami for the expenditure £ ifi7.fii2. making the net revenue of CiO.iOO. as compared with £ i 0,087 for the corresponding period of last year. The total revenue for the three periods this year was l! 1,7i.")0,550, compared with £ 1,1 f> I ,fi-li last. year. Tim figures for total expenditure were J! 1,281), I l(i and £1,2?8,!>;!."> respectively. leaving a net revenue of £?G-'i,-.iG-i for I!)fib and £?(>fi,loo for I'.ifii, an increase of i'lfioa for 1 lie current year. Last, year’s expenditure did not include Hie a per coni increase in salaries and wages, amounting lo approximately £fifi.ooo for the three periods of this year.