RAILWAY TRAFFIC RETURNS.
The railway traffic returns for the month of April have been gazetted. The receipts amounted to £90,051, while the working expenses absorbed only 44 per cent, or £39,885, leaving a clear profit of £50,166. , Now, as the cost of the lines open at the date to which this return refers, is officially stated by the late Minister for Public Works to have ■ been £9,223,000, it follows that the net profits during April, after paying kail working expenses, amounted to very nearly 7 per cent, interest on the money expended in construction. This too applies to the whole colony, and includes all the unprofitable “ political ” lines and branches.— Post.
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Patea Mail, 23 June 1881, Page 3
Word Count
111RAILWAY TRAFFIC RETURNS. Patea Mail, 23 June 1881, Page 3
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