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1910. NEW ZEALAND.

RAILWAYS STATEMENT BY THE MINISTER OF RAILWAYS, THE HON. J. A. MILLAR.

Mr. Speaker,— The presentation of the Railway Statement for the year ending 31st March, 1910, imposes on me the pleasing duty of announcing that the year's operations, when compared with those of the previous year, have on the whole been exceedingly satisfactory. The results may be summarised thus :— Year 1910. Year 1909. £ £ Total earnings ... ... ... ... 3,249,790 2,929,526 Total expenditure ... ... ... ... 2,169,474 2,114,815 Net profit on working ... ... £1, 080,310 £814,711 GENERAL. The mileage of line opened for traffic on the 31st March, 1910, was 2,717, against 2,682 miles for the previous year. The average miles operated during the year was 2,704. The following extensions were opened during the year : — M. oh. Waby-Wellsford ... ... ... ... ... ... 3 18 Waikohu-Ex tension ... ... ... ... ... 0 42 Ruatapu-Boss ... ... ... ... ... ... 7 19 Riversdale-Switzers ... ... ... ... ... 13 67 Waihoaka-Tuatapere ... ... ... ... ... 8 7 Catlin's Houipapa ... ... ... ... ... ... 2 30 35 23

i—D. 2.

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