RAILWAY RETURNS.
INCREASED EXPENDITURE. DECREASED REVENUE. The railwav working account for the financial year ended March 31 last has been issued. It shows that the revenue for the year amounted to £6,643,500, and the expenditure to £6237,726. The revenue, as compared with the preceding year, fell by £284.941, and the expenditure increased by £601,126. The expenditure represented 93.80 per cent, of the revenue, as against 81.59 per cent, in the 1920-21 financial year.
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https://paperspast.natlib.govt.nz/newspapers/TDN19220513.2.22
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Taranaki Daily News, 13 May 1922, Page 4
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73RAILWAY RETURNS. Taranaki Daily News, 13 May 1922, Page 4
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