Railway Financial Report and Price Order




Nov. 24] THE NEW ZEALAND GAZETTE 2715

Abstract of Railways Working Account

FOUR-WEEKLY PERIOD ENDED 15TH OCTOBER, 1949

Section. Revenue Expenditure. Net Revenue.
North Island main line and branches £ 781,339 £ 896,929 £ —115,590
South Island main line and branches 413,933 526,858 —112,925
Nelson 1,061 3,368 —2,307
Total railway operation 1,196,333 1,427,155 —230,822
Miscellaneous and subsidiary services 258,442 253,034 5,408
Total 1,454,775 1,680,189 —225,414

1ST APRIL, 1949, TO 15TH OCTOBER, 1949

Revenue. Expenditure. Net Revenue.
£ 5,338,579 £ 5,887,236 £ —548,657
2,933,362 3,507,567 —574,205
9,498 21,912 —12,414
8,281,439 9,416,715 —1,135,276
1,791,243 1,705,341 85,902
10,072,682 11,122,056 —1,049,374

ANALYSIS OF RAILWAY OPERATING REVENUE AND TRAFFIC

Four-weekly Period. Year to Date.
Passenger £ 188,593 £ 1,385,168
Parcels, luggage, and mails 33,567 243,851
Goods 950,779 6,490,777
Labour and demurrage 23,394 161,643
Total railway operation 1,196,333 8,281,439
Passengers No. 1,939,386 13,892,154
Live-stock Tons 31,655 303,657
Timber „ 64,910 419,510
Other goods „ 689,477 4,537,386
Total goods „ 786,042 5,260,553
Road Motor Services—
Passengers No. 1,998,258 13,622,650
Revenue £ 150,916 1,046,781

ANALYSIS OF RAILWAY OPERATING EXPENDITURE

Four-weekly Period. Year to Date.
Maintenance—
Way and works £ 241,515 £ 1,613,583
Signals and electrical appliances 42,278 278,988
Rolling-stock 346,354 2,182,091
Transportation—
Locomotive 316,172 2,189,442
Traffic 435,220 2,847,187
General charges 17,566 106,176
Superannuation subsidy 28,050 199,248
Total operating expenditure 1,427,155 9,416,715
Net operating loss 230,822 1,135,276
Total railway operating revenue 1,196,333 8,281,439

Capital cost of open lines as at 31st March, 1949 .. £78,796,320

Price Order No. 1105 (Cycle Tires and Tubes)

PURSUANT to the Control of Prices Act, 1947, the Price Tribunal, acting with the authority of the Minister of Industries and Commerce, doth hereby make the following Price Order :—

  1. This Order may be cited as Price Order No. 1105, and shall come into force on the 1st day of December, 1949.

  2. (1) Price Order No. 621* is hereby revoked.

(2) The revocation of the said Order shall not affect the liability of any person for any offence in relation thereto committed before the coming into force of this Order.

  1. In this Order, unless the contest otherwise requires—

“Wholesaler”, in relation to the sale of any goods, includes a manufacturer who sells the goods to a retailer.

APPLICATION OF THIS ORDER

  1. This Order applies with respect to the cycle tires and tubes, specified in the Schedule hereto that have been manufactured by Reid (New Zealand) Rubber Mills, Ltd., or Dunlop Rubber Co. (New Zealand), Ltd.

FIXING MAXIMUM PRICES OF GOODS TO WHICH THIS ORDER APPLIES

Wholesalers’ Prices

  1. The maximum price (including sales tax) that may be charged or received by any wholesaler for any goods to which this Order applies shall be the appropriate maximum retail price set out in the Schedule hereto, reduced by 25 per cent. thereof.

Retailers’ Price

  1. (1) The maximum price that may be charged or received by any retailer for any goods to which this Order applies shall be the appropriate price set out in the Schedule hereto.

(2) The maximum retail prices fixed in the Schedule hereto are fixed in respect of goods received into the retailers’ store free of freight charges and where freight charges have been incurred by a retailer in obtaining delivery into his store the said maximum prices may be increased by the proportionate amount of such charges being not more in any case than the charges that would have been incurred had delivery been effected by the holder of a goods-service licence under the Licensing Act, 1931, at authorized rates.

SCHEDULE

MAXIMUM RETAIL PRICES OF GOODS TO WHICH THIS ORDER APPLIES

Name of Manufacturer. Description of Goods. Maximum Retail Selling-price.
Each.
s. d.
Reid (New Zealand) Rubber Mills, Ltd. First grade super .. “Reid Rubber Super”
“Reid Rubber Roadracer”
Super grade .. “Reid Rubber Penrose”
Standard .. “Reid Rubber Standard”
“Reid Rubber Ellerslie”
“Reid Rubber”
Dunlop Rubber Co. (New Zealand), Ltd. First grade super .. “Roadster”
Super grade .. “Champion”
Standard.. “Clipper”
Tubes ..
Tubes ..

Dated at Wellington, this 21st day of November, 1949.

The Seal of the Price Tribunal was affixed hereto in the presence of—

[1.S.]

Gazette, 31st October, 1946, Vol. III, page 1674.

C

W. J. HUNTER (Judge), President.
P. N. HOLLOWAY, Member.



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✨ LLM interpretation of page content

🚂 Abstract of Railways Working Account

🚂 Transport & Communications
Railways, Revenue, Expenditure, Financial Report

🏭 Price Order No. 1105 (Cycle Tires and Tubes)

🏭 Trade, Customs & Industry
21 November 1949
Price Control, Cycle Tires, Tubes, Price Tribunal
  • W. J. Hunter (Judge), President
  • P. N. Holloway, Member