Abstract of Railways Working Account.

FOUR-WEEKLY PERIOD ENDED 12TH NOVEMBER, 1938, WITH COMPARATIVE FIGURES FOR CORRESPONDING PERIOD OF PREVIOUS YEAR.

Section. | Revenue. | Expenditure. | Net Revenue.
|---|---|---|---|---|---|---|---
| | 1938-39. | 1937-38. | Variation. | 1938-39. | 1937-38. | Variation. | 1938-39. | 1937-38.
Kaihu | £349 | £499 | -150 | £1,039 | £669 | +370 | £690 | -170
Gisborne | £2,358 | £1,639 | +719 | £2,576 | £1,822 | +754 | £218 | -183
North Island main line and branches | £333,411 | £329,254 | +4,157 | £347,019 | £320,966 | +26,053 | £13,608 | £8,288
South Island main line and branches | £202,209 | £195,460 | +6,749 | £221,362 | £213,857 | +7,505 | £19,153 | -18,397
Westport | £6,391 | £6,834 | -443 | £5,849 | £5,409 | +440 | £542 | £1,425
Nelson | £557 | £654 | -97 | £1,565 | £1,639 | -74 | £1,008 | -985
Picton | £2,148 | £1,896 | +252 | £3,211 | £2,658 | +553 | £1,063 | -762
Total railway operation | £547,423 | £536,236 | +11,187 | £582,621 | £547,020 | +35,601 | £35,198 | -10,784
Miscellaneous revenue | £26,702 | £26,245 | +457 | | | | £26,702 | £26,245
Lake Wakatipu steamers | £428 | £444 | -16 | £774 | £720 | +54 | £346 | -276
Refreshment rooms, advertising, road services, and other subsidiary services | £62,690 | £41,053 | +21,637 | £61,395 | £38,742 | +22,653 | £1,295 | £2,311
Departmental dwellings | £10,339 | £10,202 | +137 | £14,944 | £9,325 | +5,619 | £4,605 | £877
Total | £647,582 | £614,180 | +33,402 | £659,734 | £595,807 | +63,927 | £18,373 | -12,152

ANALYSIS OF RAILWAY OPERATING REVENUE AND TRAFFIC.

Four-weekly Period. | Year to Date.
|---|---|---|---
| 1938-39. | 1937-38. | Variation. | 1938-39. | 1937-38. | Variation.
Passengers | £130,837 | £126,718 | +£4,119 | £990,283 | £939,989 | +£50,294
Parcels, luggage, and mails | £24,136 | £23,564 | +£572 | £191,959 | £187,269 | +£4,690
Goods | £375,362 | £373,738 | +£1,624 | £3,158,519 | £3,182,987 | -£24,468
Labour and demurrage | £17,088 | £12,216 | +£4,872 | £115,156 | £102,970 | +£12,186
Total railway operating revenue | £547,423 | £536,236 | +£11,187 | £4,455,917 | £4,413,215 | +£42,702
Passengers No. | 1,580,249 | 1,508,111 | +72,138 | 14,097,987 | 13,539,210 | +558,777
Live-stock Tons | 22,613 | 24,114 | -1,501 | 281,317 | 313,654 | -32,337
Timber ,, | 37,882 | 41,329 | -3,447 | 310,673 | 307,044 | +3,629
Other goods ,, | 437,832 | 442,188 | -4,356 | 3,842,098 | 3,946,729 | -104,631
Total goods ,, | 498,327 | 507,631 | -9,304 | 4,434,088 | 4,567,427 | -133,339
Road Services—
Passengers .. No. | 414,909 | 416,195 | -1,286 | 3,490,305 | 3,243,267 | +247,038
Revenue : Passenger £ | 25,076 | 21,033 | +4,043 | 194,052 | 145,139 | +48,913
Goods £ | 14,496 | 14,496 | 0 | 74,917 | 74,917 | 0

1ST APRIL, 1938, TO 12TH NOVEMBER, 1938, WITH COMPARATIVE FIGURES FOR PERIOD 1ST APRIL, 1937, TO 13TH NOVEMBER, 1937.

Section. | Revenue. | Expenditure. | Net Revenue.
|---|---|---|---|---|---|---|---
| 1938-39. | 1937-38. | Variation. | 1938-39. | 1937-38. | Variation. | 1938-39. | 1937-38.
Kaihu | £2,007 | £2,383 | -376 | £7,889 | £4,728 | +3,161 | £5,882 | -2,345
Gisborne | £17,553 | £11,757 | +5,796 | £20,229 | £15,572 | +4,657 | £2,676 | -3,815
North Island main line and branches | £2,689,902 | £2,646,693 | +43,209 | £2,803,756 | £2,583,483 | +220,273 | £113,854 | 63,210
South Island main line and branches | £1,667,178 | £1,668,844 | -1,666 | £1,809,868 | £1,730,638 | +79,230 | -142,690 | -61,794
Westport | £56,858 | £57,946 | -1,088 | £49,879 | £44,900 | +4,979 | £6,979 | 13,046
Nelson | £5,597 | £6,467 | -870 | £14,111 | £13,621 | +490 | -8,514 | -7,154
Picton | £16,822 | £19,125 | -2,303 | £26,130 | £22,164 | +3,966 | -9,308 | -3,039
Total railway operation | £4,455,917 | £4,413,215 | +42,702 | £4,731,862 | £4,415,106 | +316,756 | -275,945 | -1,891
Miscellaneous revenue | £215,130 | £207,743 | +7,387 | | | | £215,130 | £207,743
Lake Wakatipu steamers | £3,379 | £3,601 | -222 | £6,791 | £7,140 | -349 | -3,412 | -3,539
Refreshment rooms, advertising, road services, and other subsidiary services | £448,016 | £290,303 | +157,713 | £442,898 | £286,559 | +156,339 | 5,118 | 3,744
Departmental dwellings | £81,251 | £79,542 | +1,709 | £114,663 | £115,191 | -528 | -33,412 | -35,649
Total | £5,203,693 | £4,994,404 | +209,289 | £5,296,214 | £4,823,996 | +472,218 | -92,521 | 170,408

ANALYSIS OF RAILWAY OPERATING EXPENDITURE.

Four-weekly Period. | Year to Date.
|---|---|---|---
| 1938-39. | 1937-38. | Variation. | 1938-39. | 1937-38. | Variation.
Maintenance—
Way and works | £108,825 | £96,851 | +11,974 | £866,395 | £769,700 | +96,695
Signals and electrical appliances | £13,165 | £13,042 | +123 | £115,883 | £104,115 | +11,768
Rolling-stock | £138,831 | £134,544 | +4,287 | £1,141,238 | £1,119,289 | +21,949
Transportation—
Locomotive | £135,254 | £125,795 | +9,459 | £1,107,203 | £1,025,054 | +82,149
Traffic | £166,898 | £154,952 | +11,946 | £1,346,616 | £1,247,355 | +99,261
General charges | £6,214 | £7,955 | -1,741 | £58,870 | £52,296 | +6,574
Superannuation subsidy | £13,434 | £13,881 | -447 | £95,657 | £97,297 | -1,640
Total operating expenses | £582,621 | £547,020 | +35,601 | £4,731,862 | £4,415,106 | +316,756
Net operating revenue | -£35,198 | -£10,784 | -24,414 | -£275,945 | -£1,891 | -274,054
Total railway operating revenue | £547,423 | £536,236 | +11,187 | £4,455,917 | £4,413,215 | +42,702
Capital cost of open lines as at 31st March, 1938 | | | | £56,065,187 |
Capital cost of open lines as at 31st March, 1937 | | | | £54,696,437 |