9

D.—2

RETURN No. 6. Estimated Amount of Expenditure on Construction of Railways, Rolling-stock, etc., to 31st March, 1920; Net Revenue, and Rate of Interest earned on Capital expended on Opened Lines for Year ended same Date.

Cost of Construction. Section of Railway. rT ~ Revenue. , Opened Line, *ffi£* £ £ £ Whangarei .. .. .. .. ..I 775,556 .. 8,484 412,465 Kaibu .. .. .. .. .. 99,962 .. - 3,470 .. | .. 34,884 Tauranga .. .. .. .. 478,723 Gisborne .. .. .. .. .. 682,922 .. 7,424 ..I .. 212,951 North Island Main Lines and Branches .. .. 16,163,269 .. 1,085,406 1 209 970 South Island Main Lines and Branohes.. .. 14,710,176 ..' 502,276 188,730 Westland .. .. .. .. .. 2,122,303 .. 19,865 789,534 Westport .. .. .. .. .. 606,236 .. 26,449 96,073 Nelson .. .. .. .. .. 444,963 j .. -1,650 36,762 Picton .. .. .. .. .. 680,466 j .. 2,722 19,250 Lake Wakatipu steamer servioe .. .. 43,708 .. —86 In suspense — Surveys, North Island .. .. .. .. 35,900 Miscellaneous, North Island .. .. .. .. 5,169 Surveys, South Island .. .. .. .. 5,752 Miscellaneous, South Island .. .. .. .. 5,168 P.W.D. stock of permanent-wav .. ... .. 75,888 W.R.D. stock of A.O.L. and R.I.A. stores .. 60,554 Bate of Interest earned. _ ■ £ s. d. 1 1 11 1 1 9 6 14 4 3 8 6 0 18 9 4 7 3 0 8 0 £36,390,115 .. £1,647,420 £3,607,225 Total cost of opened and unopened lines at 31st ;' £39,997,340 March, 1920 Note.—The amount stated in this return as the cost of construction of opened lines includes tho Prov Government expenditure on railways. It also includes the Midland Railway and expenditure by the Greyn Harbour Boards on railways and wharves undor the provisions of section 7 of the Railways Authorize information regarding the last-mentioned being furnished by the respective Boards. The rate of intere computed on cost proportionately to the time during which tho line taken over by the Working Railways Doj financial year was earning revenue, thus: South Island Main Lines and Branches. —Culverden-Waiau 15th December, 101!). Deludes the ProvJ ire by the Greym ilways Authoriza he rate of interei ing Railways Dep; dverden-Waiau i £1,647,420 £4 10 8 £4 2 5 vincial and General riouth and Westport lation Act, 1835, the est earned has been partment within the opened for traffic £4 2 5 -incial and General louth and Westport itiou Act, 1895, the ist earned has been lartment within the opened for traffic £4 10 8 H. Williams, Chief A ams, Chief Ac Lccountant. ccountant.