Other formats

    TEI XML file   ePub eBook file  

Connect

    mail icontwitter iconBlogspot iconrss icon

The New Zealand Railways Magazine, Volume 10, Issue 10 (January 1, 1936)

Improved Railway Position

Improved Railway Position.

The annual railway returns of the Home lines for 1934, recently published, show that there was a very decided improvement in the British railway financial position during that year. Net revenue grew from £29,- 589,089 in 1933, to £32,254,986 in 1934. Gross railway receipts showed an increase of nearly £6,000,000 over 1933. The bettered position was noticeable on both the passenger and freight sides, the freight increases in particular reflecting very strikingly the general improvement in the country's trade.

Operating statistics for 1934 showed an increase in locomotive mileage of 4.15 per cent., an increase in passenger train-miles of 3.25 per cent., and an increase in freight train-miles of 5.03 per cent. Total passenger and freight train-miles for 1934 were 427,- 500,000. The total number of passenger journeys (including season ticket holders) were 1,199,961,976, an increase of 3.56 per cent. Receipts from passenger traffic showed an increase of 2.24 per cent. During 1934, the Home railways increased their freight tonnage by 7.34 per cent. and net tonmiles by 7.94 per cent.