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RAILWAYS REVENUE

(Press Assrt.-

ENCOURAGING IMPROVEMENT OVER FOUR-WEEKLY PERIOD

-By Telegraph — Copyrlght)

WELLINGTON, Saturday. "I am pleased to he able to announce that for the four-weekly period which ended on July 23 there, has been an improvement in the nett revenu'e of £33,000, compared with the corresponding period of last year," said Mr. P. G. Rousell, general manager of the New Zealand Railways, in a statement to-day regarding the lattest railway returns. "There was a marked decrease in every item of general expenditure, the decrease for four weeks amounting to £62,000. The decrease in the gross revenue was £29,000, leaving an increase in the nett revenue of £33,000. "Quantitatively traffic appears to be on the mend, judging by the general tendency of the last four weeks. The actual figures of the nett revenue for the financial year to July 23, show £196,946 for 1932 as against £183,519 during the corresponding term last year." ;

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/RMPOST19320815.2.46

Bibliographic details

Rotorua Morning Post, Volume 2, Issue 301, 15 August 1932, Page 5

Word Count
153

RAILWAYS REVENUE Rotorua Morning Post, Volume 2, Issue 301, 15 August 1932, Page 5

RAILWAYS REVENUE Rotorua Morning Post, Volume 2, Issue 301, 15 August 1932, Page 5

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