D.—2

STATEMENT No. 14. Expenditure on Construction of Railways, Rolling-stock, etc., to 31st March, 1936; Net Revenue and Rate of Interest earned on Capital expended on Opened Lines for Year ended same Date.

14

Opened Lines. Section of Railway. ~~ 6 * 1 Revenue Merest Lines and Rolling- Unes - ! KeTenue - earned. Works. stock. l0Ial - , ; I ! £ £ £ £ £ £ Kaihu .. .. .. 159,654 406 160,060 .. -2,639 Gisborne '' .! !! " 18,491 764,676 .. -4,267 1,314,991 North Island Main Line and Branches .. 28,062,947 3,817,388 31,880,335 .. 496,308 1 11 2 2,562,692 South Island Main Line and Branches .. 15,833,413 2,383,446 18,216,859 .. 227,253 1 4 11 295,524 Westport " .. .. 309,718 44,977 354,695 .. 10,330 2 18 3 ..... .. .. 570,306 Nelson . .. .. .. .. 497,235 10,219 507,454 .. -5,874 252,592 Picton .. .. .. .. .. 562,555 15,953 578,508 .. -785 311,792 46,171,707 6,290,880 52,462,587 .. 720,326 1 7 6 5,307,897 Lake Wakatipu steamer service .. .. 17,645 .. 17,645 .. 1,199 Subsidiary services, &c. .. .. .. 1,762,931 .. 1,762,931 .. 329,952 In suspense — Surveys, North Island .. .. .. .. •• 31,236 Surveys, South Island .. .. .. •• •• 5,763 General .. .. .. . - 9,896 .. 9,896 10,337 P.W.D. stock of permanent-way .. .. •• •• 3,542 47,962,179 6,290,880 54,253,059 .. 1,051,477 1 18 10 5,358,775 . * Y Total cost of opened and unopened lines at .. .. 59,611,834 31st March, 1936 Nora.—The amount stated in this return as the cost of construction of opened lines includes the Provincial and General Government expenditure on railways. It also includes the Midland Railway and expenditure by the Greymouth and Westport Harbour Boards on railways and wharves under the provisions of section 7 of the Railways Authorization Act, 1885, the information regarding the last-mentioned being furnished by the respective Boards. The rate of interest earned has been computed on the average capital.