RAILWAY FINANCE
HALF-MILLION SURPLUS ■ SEASfCjS /TICKETS POPULAR. The railway receipts for the'period ending',octoiler 16tli amorinted to £4,— 065,906, and the expenditure to £3,489,193; showing a gross surplus of £576,713. For the corresponding period last year the surplus was £526,546 on gross rMMjtts of *'■£3,823',690) The percentage, ,oJf expenditure to revenue is 85.82, cjftupared with 86.23 for the corresponding period. The east of opened lines is over 46f millions, and of unopened lines, £6,107,779, ' ■ ' There is a decrease in passenger traffic of 762,661 passengers, but an ■ increase 0f'"1027 season tickets, which total 315,198; equal practically to one for. every four of the population. Goods traffio has increased—cattle, sheep and pigs being 370,613, goods being '214,630 tons —while timber has decreased by 42,433 tons.
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New Zealand Times, Volume LIII, Issue 12608, 19 November 1926, Page 10
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122RAILWAY FINANCE New Zealand Times, Volume LIII, Issue 12608, 19 November 1926, Page 10
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