RAILWAY REVENUE RETURNS.

Wairarapa Daily Times, Volume XV, Issue 4405, 28 April 1893, Page 3

RAILWAY REVENUE RETURNS.

The Profit £26,000 ouerthe\ ■ Estimate, \

The actual revenue from the rail-

ways for the past financial year hag now been definitely ascertained. It amounts to £1,181,521, As for the expenditure it has not yet been fully worked out, inasmuch 03 the balancof the store accounts is not quite completed, but the work is sufficiently far advanced to warrant the statement that it will amount to £782,100, which will leave a net revenue for the year of £449,421. This is a few thousands over a return of 3 per cent on the capital coßt of working llie railways, and exceeds by £26,000 the Commissioners' estimate, which was £423,000. This is the largest percentage yet yielded by the railways, as the following briof statement will show. For the three yearß immediately prior to to the appointment of the Railway Commissioners the average return was at the rate of £2 8s per cent, and for the four years of their regime the yield has been is. d. 1889-90 ... 2 19 5 per cent. 1890-91 ... 218 11 „ 1891-92 ... 215 9 ~ 1892-93 over 30 0 ~

The present is an all round increase —in revenue from passengers, stock, merchandise, grain and minerals. In no department has there been a falling off. Tbe best paying seotions have been the Hurunui-Bluff, WellingtonEketabuna, Wanganui-Napier, and the Auckland section, Times.