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AUSTRALIAN.

(Special to the "Star.")

TRIAL OF TORPEDO BOATS',

SYDNEY, Tuesday The trial of locally built torpedo boats was a great success. The boats performed over seventeen miles an hour. DECREASE OV 11EVENUE. The revenue for the quarter is one million and it shown a decrease of £130,000. Tli' decrease in the same quarter of last voJ was £78.000. y

The decrease is attributed to the stoppage of land sales which have declined to the oxt jut of upwards of £101,000.

The other sources of revenue hive all in. creased.

Tlic nxpendituro has been £018,000 and the nelt balance is £3,01 ",000.

tmcuTsn s kpkciax oahlborams.]

SYDNEY, tl,iß,lay. THE HKVJiNUE.

The quarter's revenue shows a falling off of £74,000, as compared with the corres. ponding quarter of last year. Tho land revenue alone ha;; decreased £100 000 The Customs also show a decrease. The revenue from railways, however, shows an

increase,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18790402.2.30

Bibliographic details

Auckland Star, Volume x, Issue 2781, 2 April 1879, Page 2

Word Count
151

AUSTRALIAN. Auckland Star, Volume x, Issue 2781, 2 April 1879, Page 2

AUSTRALIAN. Auckland Star, Volume x, Issue 2781, 2 April 1879, Page 2