The Chronicle PUBLISHED DAILY, LEVIN. TUESDAY, DECEMBER, 21. 1913. NEW ZEALAND RAILWAY

Horowhenua Chronicle, 21 December 1915, Page 2

The Chronicle PUBLISHED DAILY, LEVIN. TUESDAY, DECEMBER, 21. 1913. NEW ZEALAND RAILWAY

REVEINiEti. Mew Zealtmd State railways still show an improvement in net revenue u-i well as in gross earnings. The gross increase in earnings for the \-nvlod tiiuee Ist April last is clotse upuM £li()0,UU0 by comparison with the corrwsrponding period of PJI-i, and the percentage expenditure necessitated to earn the money this year ua.s less by about i'i pur cent. The actual figures me:— (Expenditure. I IUIS-April to Nov 13, ii\f.S2 per cent. l'Jl-1 (same porioil) 71.02 per cent. Actual expenditure—l9lo period. £1. 807.906. Actual expenditure—l9l4 period. £1, 784,847. (Receipts.) April 1 to Nov 13, 1915. e'2,.j85),322 April 1 to Nov 13, 101-1. £2,391,811. The revenue per mile oi railway still ■works out highest in the ea.se oi f.l"e Wcstpoit tuio, which yieldis £3UBI 'is 5d per milo (last year's period yielded £3374 Ok). Tiie North Island and the South Island Main Trunk lines both are improving as revenue earners. The North Island liguics are £20-1(3 ("s a-i against £183:2 10s, and the South Island's .ClOOy'lGs ( J<l as against £1030 Bs. The lowest percentage of revenue per mile is returned by the Picton Section, which has fallen to £491 10s yd from £G!)9 G's I'd. Nelson line, •wliicli earned only £581 11s lid in last year's period, has risen to £514 7s 5d in the 8J months latest expired.