The Audit Office,

Wellington, N.Z. 10th March, 1930.

I hereby certify that the publisher's lists and other records disclose the average circulation of the “New Zealand Railways Magazine” for the twelve months ended February, 1930 as in excess of 23,500 copies per month during the whole of that period, and that during the months of January and February, 1930, the monthly circulation has increased to 24,000 copies.

Controller and Auditor-General.

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