DOMINION RAILWAYS.
STATEMENT BY MINISTER. Christchurch, Last Night. “The daily loss on the railways of the Dominion has been reduced by £1,00(1," said the Hon. D. H. Guthrie to-day. “That brings the daily loss at present down to £3,000,” the Minister added, “and that is alter allowing 'for the payment of interest, on the capital invested. Excluding the provision for interest on capital invested, the actual revenue for the last four-week-ly period exceeded the expenditure by £240,000.” Mr Guthrie said the amounts he had mentioned were in round figures only. He intended making a full statement of the present position of railway finance in a few days.
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Manawatu Herald, Volume XLIV, Issue 2400, 4 March 1922, Page 2
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107DOMINION RAILWAYS. Manawatu Herald, Volume XLIV, Issue 2400, 4 March 1922, Page 2
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