ENGLISH RAILWAYS
Heavy Fall In Ke venue Net revenues of the tour main railway companies in England during last year were £8,838.003 below those for 193/. Stocks of a nominal value of £363,499'.6; >4 received no payment, whereas in 1.137 only £78.284,735 went tinremunerated. The decline in the amount of dividends distributed was £8.285.405. No payment on its preference or ordinary stocks was made by the London and‘North Eastern Railway*. Interest on tlie 4 per cent first and second preference shares was covered will: ,I .2 l J il , l ’BV l 1 .0.', £2128 Cross receipts al £;>;>. I (>B.JN-> were lower by £2.723,218 while expenditure rose £731.027 to £48,515.822. Net revenue was therefore £3,454,275 less tit £6,653,167,
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Dominion, Volume 32, Issue 145, 15 March 1939, Page 12
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118ENGLISH RAILWAYS Dominion, Volume 32, Issue 145, 15 March 1939, Page 12
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