Operating Economies.

Further improvements have been attained in transport operating efficiency, an increase in the net ton miles handled per train hour being achieved both in goods and mixed trains, together with an increase of train speeds in relation to both types of trains. The average punctuality of passenger trains was also improved, as was their average speed. Considerable work still remains to be done in this field, and we are having further research made with a view to improving these operating figures. It is pleasing also to record that the cost of operating per 1,000 gross ton miles for the year to date shows a decrease of 3.29d.

General Manager.

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