RAILWAY REVENUE
RISE OF £800,000 EXPECTED
(By Telegraph—Press Association.)
AUCKLAND, December 4.
The opinion that with a full year's working the increase of 10 per cent, in fare and freight charges on the railways and associated services would result in a rise of approximately £800,000 in the net revenue was expressed by the General Manager of Railways, Mr. G. H. Mackley, in an interview in Auckland.
For the balance of the current financial year it was estimated that the increase in net revenue would be about £250,000.
It was considered, with the increases spread equally over all classes of business and in view of their comparatively small amount, that there would be little if any adverse effect on the business of the Department.
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Bibliographic details
Evening Post, Volume CXXVI, Issue 135, 5 December 1938, Page 15
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123RAILWAY REVENUE Evening Post, Volume CXXVI, Issue 135, 5 December 1938, Page 15
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