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66. The position is as follows:

Stock on hand at commencement of Financial Year... $ 269,622.54 Stock purchased during the year:--

Coal

Oil, fuel, petrol, etc.

Local purchases, Govt. Stores, etc. Crown Agents

$ 570,730.00

1,494,879.49

720,356.60 484,304.26

Less stores issued

$2,902,109.87

Less stores written off

and losses, etc.

17,316.70

3,270,270.35

$3,513,084.07

$2,919,426.57

Balance stock on hand at March 31st, 1948

$350,843.78

67. The increase of $110,304 in the balance of unallocated stores was due to the arrival of spare parts and stores from Great Britain. The principal items received being carriage and wagon tyres, axles and accumulators to the value of $88,751.

68. The sum of $17,316.70 for stores written off is made up as follows:-

(1) Reduction in value of stores found on the re-occupation and over-valued when taken on charge

(2) Stores damaged by rain

(3) Loss on coal deliveries between ship and

Railway coal yard

$14,773.97

32.95

2,509.78

$17,316.70

STAFF.

69. Mr. I. B. Trevor, General Manager, proceeded on long leave on February 16th, 1948. During his absence Mr. A. E. Perry, Traffic Manager, acted in his stead, combining the two appointments.

70. Mr. W. R. N. Andrews, Senior Accountant, proceeded on long leave on March 3rd, 1948. Mr. To King Shun, Special Class Clerk, acted in his place.

71. Mr. L. Sykes, Traffic Assistant, returned from leave on November 30th, 1947. He has acted as Stores Officer in addition to his other duties from that date.

72. Staff strength at the end of the year was 749, comprising 410 monthly paid and 339 daily paid employees respectively.

APPRECIATION.

73. The year was one of rehabilitation and in consequence many difficulties arose. It therefore gives the writer great pleasure to record his appreciation of the industry and co-operation displayed by the Railway Staff in general in meeting these difficulties and in carrying out their duties throughout the year.

The Department also received the utmost co-operation and help from the Police Force and their ready assistance at all times was greatly appreciated.

A. E. PERRY,

Acting General Manager, Railway.

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