RAILWAY RETURNS
(By Telegraph—Per Press Association.)
WELLINGTON, December 29,
Preliminary accounts of the Railway Department for four weeks ended 6th December, according to an announcement by Hon. W. A. Veitch show a substantial decrease in the expenditure amounting to £76,000. This applies to railway operations only, the figures relating to subsidiary services not yet being available. As a result of economics liroughout the service the reduction in operating costs for the last five four-weekly periods amounted to £295,000.
This substantial saving, said the Minister has occurred in all branches Unfortunately, however, the revenue .still continues to show a steady decline the receipts for December period falling below those of last year by £74,000. This was not altogether unexpected, as the revenue over the last few months has shown a tendency to fade away, due in the main to the prevailing financial depression.
Passenger traffic showed a decrease for four weeks of £28,000, parcels and mails £40,000 and goods receipts declined £38,000. General merchandise shows a heavy decrease which is ascribed to the restricted imports.
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Hokitika Guardian, 29 December 1930, Page 5
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174RAILWAY RETURNS Hokitika Guardian, 29 December 1930, Page 5
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