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D—2.

REVENUE DETAILS. The operating revenue under the main headings, and the percentage of the total under each heading, compared with the previous two years, are as follow : —-

The revenue under all heads showed a satisfactory increase over the previous year, the increases being—Passenger, 5-38 per cent. ; parcels, 4-23 per cent. ; goods, 11-66 per cent. The operating earnings per average mile open and per train-mile were as follow : — Per Average Per Mile open. Train-mile. £ d. 2,285 14259 The railway operating receipts for the last three years (exclusive of subsidiary services) from the North and South Island Main Lines and Branches are as follow :—

The operating earnings for the last three years for the North and South Island Main Lines and Branches per average mile open and per train-mile are as follow :—

EXPENDITURE DETAILS. 1937-38. 1936-37. 1935-36. £ £ £ Expenditure on train operation .. .. 7,291,785 6,338,385 5,523,193 Subsidiary services .. .. .. 709,604 548,408 429,646 £8,001,389 £6,886,793 £5,952,839

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Per Cent, of j! | Per Cent, of Per Cent, of 1938. | Operating |! 1937. j Operating 1936. Operating Revenue. Revenue. Revenue. £ £ £ Passengers, ordinary .. 1,475,829 19-44 1,421,633 20-59 1,286,059 20-60 Season tickets .. .. 222,192 2-93 189,672 2-75 180,558 2-89 Parcels, luggage, and mails 318,457 4-19 305,526 4-43 299,964 4-80 Goods .. .. .. 5,411,297 71-28 4,846,417 70-20 4,359,750 69-83 Labour, demurrage, &c. .. 164,050 2-16 140,356 2-03 117,188 1-88 7,591,825 100-00 6,903,604 100-00 6,243,519 100-00

North Island Main Line and Branches. South Island Main Line and Branches. 1938. 1937. 1936. 1938. 1937. 1936. I I I £ £ £ £ £ £ Passengers, ordinary .. 973,242 939,908 827,138 493,615 471,451 448,601 Season tickets .. 147,302 128,286 121,985 71,062 57,534 55,243 Parcels, luggage, and mails 216,078 204,950 201,190 97,915 95,912 93,893 Goods .. .. 3,172,701 2,768,960 2,476,862 2,098,040 1,957,764,1,775,795 Labour, demurrage, &c. 82,762 70,188 62,053 73,268 63,165 48,993 4,592,085 4,112,292 J 3,689,228 j 2,833,900 2,645,826 ! 2,422,525

North Island Main Line and Branches. South Island Main Line and Branches. Year. Per -Average Mile Per Train-mile. Per Average Mile | Per Train . m ; le . £ d. £ d. 1938 .. .. .. 3,086 137-13 1,778 150-12 1937 .. .. .. 2,767 134-21 1,660 147-23 1936 .. .. .. 2,483 130-25 1,520 143-57