D.—2.

Hokitika Services —continued. Details of the operations of each section (passenger and goods) are set out separately : — Passenger. 1938. 1937. Variation. £ £ £ Revenue .. .. .. .. 12,967 7,525 +5,442 Expenditure .. .. .. .. 10,302 4,809 +5,493 Net revenue.. .. .. .. £2,665 £2,716 — £51 Mileage 142,596 82,037 +60,559 Revenue, per mile .. .. .. 21-82 d. 22-01 d. Expenditure, per mile .. .. .. 17-34 d. 14-07 d. Goods. 1938. 1937. Variation. £ £ £ Revenue 13,965 6,297. +7,668 Expenditure .. .. .. .. 16,502 6,346 +10,156 Loss .. .. .. .. £2,537 £49 +£2,488 Mileage .. 193,094 93,679 +99,415 Revenue, per mile .. .. .. 17-36 d. 16-13 d. Expenditure, per mile .. .. .. 20-51 d. 16-26 d. Revenue rose from 18-88 d. per mile to 19-25 d., the main increase being in goods revenue, which shows an improvement of l-38d. (16 per cent.) per mile over the figures for the previous year. Receipts from ordinary passenger traffic fell from 8-35 d. to 7-06 d. per mile, due to the non-operation of the service during the slack period of the 1936-37 year, the main portion of the service not being operated until September. The absence of Easter traffio this year also adversely affected the returns. Expenditure rose from 15-24 d. to 19-16 d. per mile due to increased costs generally, particularly maintenance and driving expenses. With increased activity in the timber-milling industry in South Westland it is expected that improved financial results will be achieved by this service in the future. Dunedin Services. 1938. 1937. Variation. £ £ £ Per Cent. Revenue .. .. 56,281 42,897 + 13,384 31-20 Expenditure .. .. 55,911 40,871 + 15,040 36-80 Net revenue .. £370 £2,026 — £1,656 81-74 Passenger journeys .. 468,187 380,600 + 87,587 23-01 Mileage ..' .. 1,261,795 1,008,188 +253,607 25-15 The operation of the various services comprising this group show the following results : —

All the above are passenger-services with the exception of O'Fee's South Road DunedinBalclutha service and Riseley's Dunedin-Invercargill service, both of which cater for the carriage of goods. The latter service was acquired on 21st March, 1938. The number of vehicles operated in the above group of services is fifty-four and the mileage run was 1,261,795, an increase of 253,607 miles (25-15 per cent.) as compared with the previous year. The revenue

iv—D. 2.

XXV

Revenue. Expenditure. Profit. j Loss. £ £ £ £ Dunedin - Port Chalmers .. .. 6,614 6,452 162 Oamaru-Tokarahi .. .. .. 2,663 2,268 395 Dunedin - Eglinton Valley .. .. 725 502 223 Read and Smith . . .. .. 598 1,243 . . N? 645 Earl's Motors 7,451 6,095 1,356 Hope's Motors .. .. .. .. 1,998 2,456 .. 458 Wanaka Motors, Ltd 17,226 16,889 337 Hunters'D.O.T. Motors, Ltd. .. .. 11,921 12,427 .. 506 0'Fee's South Road Services .. .. 6,992 7,492 .. 500 Riseley's Ltd. .. .. .. . • 93 87 6 Total .. .. .. .. ! £56,281 £55,911 ! £370