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Kaihu Section. Revenue, £4,702 ; increase, £678. The increases were chiefly in passengers, flax, grain, and minerals. Gisborne Section. Revenue, £18,523 ; increase, £2,025. Nine miles additional were opened for traffic during the year. There was a general improvement in all classes of traffic. The increase of goods traffic totalled 500 tons. North Island Main Line and Branches. Revenue, £2,035,997 ; increase, £158,387. The principal items of traffic were :— Number.) JNumber. Passengers | .. .. ..6,931,522; increase, 789,100 Season tickets .'. .. .. .. 165,886; „ 18,249 Parcels, &c. .. .. .. 636,835; „ 60,274 Live-stock .. .. .. .. ..2,732,603; decrease, 99,995 sTons. Tons. Goods .. ... .. ~ ..1,779,005; increase,|lo9,7s4 The [annual revenue per mile of rose from £1,746 12s. 2d. last year to £1,884 3s. sd. for year under review, but per train-mile it decreased from Bs. 4d. to Bs. ljd. The variations of traffic in the different districts were approximately as follows :— Auckland District.—Revenue, £849,226 ; increase, £88,884. Passengers increased by 468,000, chiefly at Auckland and adjoining stations, and at Frankton Junction. Season tickets increased by 10,513. Parcels increased by 36,920, the increase being distributed throughout the district. Live-stock traffic shows an increase of 40,600 ; sheep, 27,500 ; and cattle, 7,800. Goods traffic shows a general improvement. Timber increased by 6,662,000 ft., wool by 2,508 bales, chaff by 9.552 tons, grain by 540 tons, merchandise by 10,740 tons, and minerals by 3,806 tons. Wanganui District. —-Revenue, £432,535 ; increase, £22,984. Passengers increased by 54,686, and parcels by 6,092. Live-stock : Cattle increased by 3,473, calves by 3,638, sheep by 32,397 ; but there was a decrease of 7,455 pigs. The tonnage carried of chaff, wool, grain, and merchandise shows an increase ; but firewood, timber, and minerals show a drop of about 7,000 tons. There was an increase of 6,500 tons in the export of dairy-produce. Wellington District. —Revenue, £754,236 ; increase, £46,519. Passengers show an increase of 266,142, distributed over the district. Season tickets increased by 6,898, and parcels by 15,892. There was an increase of 1,149 calves, but cattle and sheep declined ; sheep by 169,000, in consequence of the strike of slaughtermen at the freezing-works. There was a large increase in tonnage, the items being : chaff, &c, 2,808 tons ; wool, 1,103 tons ; firewood, 2,808 tons ; grain, 12,682 tons ; merchandise, 9,248 tons ; and minerals, 31,661 tons. Timber decreased by about 8,000 tons, chiefly on account of the exhaustion of local milling-areas. Picton Section. Revenue, £31,392 ; increase, £2,266. Increases are noticeable in passengers, chaff, &c, grain, merchandise, and minerals, and decreases in live-stock, wool, firewood, and timber. Sheep dropped 20,000 owing to the stoppage of the freezing■works in consequence of labour trouble. Nelson Section. Revenue, £29,147 ; increase, £4,121. Thirteen miles additional were opened for traffic on the 2nd September. The increase of business was general, though the tonnage of timber fell off slightly. Westport Section. Revenue, £124,476 ; increase, £6,423. The only large increase was in coal, 32,879 tons, though there was an improvement in other classes of traffic.