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The New Zealand Railways Magazine, Volume 5, Issue 3 (July 1, 1930)

[section]

Discussing, in his present contribution, the recently published annual financial statements and accounts of the Home Railways, our Special London Correspondent refers to their “pleasing nature” from the standpoint of the gradually increasing traffic and bigger business which they record. “Regular dividends (though in some cases comparatively modest) are now being paid on all Home Railway stocks, and there seems no reason why, in course of time, these stocks should not appreciate to pre-war value.”