PORT FINANCE.

Auckland Star, Volume LXVII, Issue 172, 22 July 1936, Page 17

PORT FINANCE.

FURTHER INCREASES. BUOYANCY OF TRADE. HARBOUR BOARD REPORT. Financial returns for the port of Auckland were again encouraging, according to a report which was presented to the Auckland Harbour Board yesterday afternoon. Monthly and liinemonthlv comparisons revealed increases of £1)85(5 and £34.9.52 in the total receipts of £30,304 and £308,039 respectively.

The principal increases in the period of nine months were in respect of rents, £1190; goods wharfage, £10,425; pilotage, port charges and shipping wharfage, £5000; cranes, etc., £0450; storage, £1817; miscellaneous, £3110.

Manukau Harbour benefited by the general improvement to the extent of £000 only in tire nine months, principally for goods wharfage, £418, and royalties, £125.

The estimates for the nine months, on the usual basis of apportionment of the year's figures, had been exceeded by '£30,032.

The cash balances at June 30 in Auckland and London amounted to £172,451. This would be drawn on heavily for discharge of interest, sinking fund and redemption commitments. For the port of Auckland, as compared with May, the imports showed an increase of 0433 tons, or 5.00 per cent, transhipments a decrease of 2019 tons, or 39.77 per cent, and exports a decrease of 10,443 tons, or 22.98 per cent. The grand total showed a decrease on May of 18,895 tons, or 10.04 per cent. The port of Oncluinga showed a decrease in imports on May of 883 tons, or 49.08 per cent, and exports of 012 tons, or 20 per cent, the total being a decrease of 1489 tons, or 30.03 per cent.

The figures for June, 1930, on inward and outward shipments showed an increase of 2.1,130 tons, or 18.52 per cent.