9

D.—2

RETURN No. 6. Estimated Amount of Expenditure on Construction of Railways, Rolling - stock, &c., to 31st March, 1909; Net Revenue, and Rate of Interest earned on Capital expended on Opened Lines for Year ended same Date.

NOTB. —The amount stated in this return as the cost of construction of opened lines includes the Provincial and General Government expenditure on railways. It also includes the Midland Railway and expenditure by the Greymouth and Westport Harbour Hoards on railways and wharves under the provisions of section 7 of "The Railways Authorisation Act, 18B5," the information regarding the last mentioned being furnished by the respective Boards. The rate of interest earned has been computed on cost proportionately to the time during which lines taken over by the "Working Railways Department wiihin the financial year were earning revenue, thus :~- Gisborne Sec'tion— Puha-Waikohu ... ... ... ... ... ... Oponed for traffic 27th May, 1908. North Island Main Lines and Branches— Tauhoa-Wayby ... ... ... ... ... ... Opened for traffic 18th May, 1908. Mataroa-Waiouru ... ... ... ... ... ... „ Ist .'uly, „ Taumarunui-Erua ... ... ... ... ... ... » 9th Nov., „ Erua-Waiouru ... ... ... ... ... ... „ 14th Feb., 1909. Wellington-Longburn ... ... ... ... ... Taken over ... 7th Dec, 1908. South Island Main Dines and Branches— McNab-Waikaka ... ... ... ... — ... Opened for traffic 27th Nov., 1908. Westland Section— Reefton-Cronadun ... ... ... ... ... ... Opened for traffic Ist Sept., 1908. Nelson Section— Tadmore-Kiwi ... ... ... ■■■ ■•■ -■■ Opened for traffic 18th Dec, 1908. H. Davidson, Chief Accountant.

4—D. 2.

Cost of Construction, etc. Section. Opened Lines. Un L ° i 1 u ™ cd £ £ Kawakawa .. .. .. .. .. 92,773 .. i .. 75,852 Whangarei .. .. .. .. ..' 177,996 .. ; .. 63,187 Kaihu .. .. .. .. .. 67,918 Gisborne .. .. .. .. .. 186,421 ' '.'. 32,102 North Island Main Lines and Branches .. .. 12,219,646 ' .... .. 124,717 South Island Main Lines and Branches.. .. 12,233,165 .... .. 397,052 Westland .. .. .. .. .. 1,462,921 i 310,408 Westport .. .. .. .. .. 500,718 34,248 Nelson .. .. .. .. .. 381,275 31,219 Picton .. .. .. .. .. 367,630 .. - 82,911 Lake Wakatipu steamer service .. .. 16,436 In suspense— Surveys, North Island .. .. .. .. 31,141 Miscellaneous, North Island .. .. .. .. 5,169 Surveys, South Island .. .. .. .. 8,039 Miscellaneous, South Island .. .. .. .. 5,168 P.W.D. stock of permanent-way .. .. .. 88,624 W.B.D. stock of A.O.L. stores .. ., 30,693 W.R.D. Deposit Account for permanent-way 25,000 material ' : £27,762,592 £1,289,840 ! ■ Net Rate of Revenue. Interest earned, £ £ s. d. -1,408 17,828 ' 10 '6 4 -310 '.'. I 3,709 2 0 11 400,212 J 3 15 0 283,925 ; 2 6 7 42,972 ; 2 19 5 59,366 11 17 1 3,408 j 0 19 2 3,628 i 0 19 9 1,380 8 7 11 £814,710 £3 2 7 Total cost of opened and unopened lines at 31st £29,052,432 March, 1909 | ,2,432 I £814,710 \ - £2 16 1 Il l_