D.—2.

RESULTS OF WORKING. The following is a summary of results of working, for year ending the 31st March, 1908, as compared with 1907 :—

V

Year ended 31st March. Pabticulaks. 1907. 1908. 'otal miles open for traffic 2,456 2,427 I 2,471 2,469 .verage miles open for year lapital cost of opened and unopened lines £25,438,568 £26,735,140 lapital cost of open lines £23,504,272 £24,365,647 'apital cost per mile of open lines ... £9,570 £9,861 jross earnings £2,624 : 600 £2,761,938 Working-expenses ... £1,812,482 £1,949,759 NET PROFIT ON WORKING £812,118 £812,179 •ERCENTAGE OF INVESTED ... PROFIT TO CAPITAL 345 333 ERCENTAGE OF TO EARNINGS WORKING - EXPENSES 6906 7059 iarnings per average mile open £1,078 £1,114 /orking-expenses per average mile open £744 £786 JET EARNINGS PER AVERAGE OPENMILE £334 £328 iarnings per train mile ... d. 93-00 d. 93 75 Working-expenses per train mile 64-21 66-18 IET EARNINGS PER TRAIN MILE 2879 2757 Passengers, ordinary 9,600,786 9,756,716 Season tickets 165,504 185,174 Goods tonnage 4,592,099 4,834,534 Live-stock tonnage 232,464 235,642 Train mileage 6,755,454 7,051,274 Locomotives 398 410 Passenger-cars 966 1,002 Wagons and brake-vans ... 14,605 15,475