LOSS ON N.S.W. RAILWAYS
DEFICIT OF £!,039,000 FOR PAST YEAR TRAMWAYS ALSO DOWN SYDNEY, Monday. The annual report of the Railway Commissionei’s of New South Wales reveals a deficit of £1,039,000 on the past year’s operations. The tramways showed a loss of £9,343 compared with a profit of £27,000 in the previous year. The decrease in tramway passengers totalled 12,500,000. The commissioners attribute the deficit largely to drought and industrial troubles.
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Sun (Auckland), Volume III, Issue 758, 3 September 1929, Page 9
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71LOSS ON N.S.W. RAILWAYS Sun (Auckland), Volume III, Issue 758, 3 September 1929, Page 9
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