9

J).—2

RETURN No. 6. Estimated Amount of Expenditure on Construction of Railways, Rolling-stock, etc., to 31st March, 1923; Net Revenue, and Rate of Interest earned on Capital expended on Opened Lines for Year ended same Date.

Section of Railway. Cost of Construction. Opened Lines. U 2g£? d Net Revenue. Rate of Interest earned. Whangarei Kaih u £ £ 898,357 534,958 100,503 87,650 £ - 18,622 273 £ 8. d. 0 k 5 Tauranga Gisborne North Island Main Lines and Branches South Island Main Lines and Branohes.. Westland 938,344 694,683 623,763 18,601,788 2,175,729 15,782,936 197,748 2,268,816 1,483,099 606,381 95,955 444,816 75,996 687,499 18,082 44,271 4,355 941,707 241,365 17,145 49,114 - 6,952 "i,670 -4,749 0 12 6 5 i 4 1 10 7 0 15 1 Westport 8 2 0 Nelson Picton 0 4 10 Lake Wakatipu htoamcr scrvictt In suspense — Surveys, North Island Miscellaneous, North Island .. Surveys, South Island Miscellaneous, South Island P.W.D. stock of permanent-wav W.R.D. stock of A.O.L. and R.I. A. stores Balance of cost of raising loan of £1,000,000 for Railways Authorization Improvement Aot 1914 Account 41,172 5,169 5,763 5,168 224,122 145,111 63,192 £40,275,161 £1,225,306 £3 0 10 Total cost of opened and unopened lines at 31st March, 1923 Note.—The amount stated in this return as the cost Government expenditure on railways. It also includes t Harbour Hoards on railways and wharves under the p information regarding th? last-mentioned being furnishe computed on cost proportionately to the time during wh the financial year was earning Revenue, thus:— North Island Main Lines and Branches : Patumahoe to W £6,575,910 £46, 151,071 £2 12 4 it of construction tho Midland Itailfl provisions of soot ed by the respect aich the line, take: of opened lines i vay and expenditi tion 7 of the Rai tive Boards. Th n over by the Wc neludes the Prov n-o by the Greym ilways Authoriza e rate of interee irking Railways I incial and General louth and Westport Ltion Act, 1885, the it earned has been Jeparunient, within iV.'iiuku, opened fo ir trams 10th May. , 1922. L. liAMi vnn, Chief Ai ccountant.