RECEIPTS FROM CUSTOMS

Press, Volume LXXV, Issue 22830, 2 October 1939, Page 11

RECEIPTS FROM CUSTOMS

CHRISTCHURCH RETURNS REVENUE AT END OF SEPTEMBER The return for September shows an increase in revenue of £47,252, compared with the figures for the same period last year, and the half-yearly return of customs collections at" Christchurch shows an increase of £77,460 compared with the return for last yiar. Details of the revenue collected are as follows: i September | 1938. 1939. | £ £ I Customs .. .. 112,488 1 49204 1 Beer .. .. 9,358 12648 j Main Highways— \ Petrol (6d a gal.) 24,312 29093) Tyres .. .. 975 665 \ Sales tax .. 38,897 41595 Light dues .. 390 564 j Export levies— I Wool .. .. 99 124 j Meat .. .. 1,101 904) Honey .. .. 23 j Miscellaneous .. 72 170 j 187,715 231967 Six Months 1938-39. 1939-40. £ £ Customs .. .. 591,020 618.084 Beer .. .. 61,198 65,461 Main Highways— Petrol (6d a gal.) 145,064 162,119 ~ .. 6,098 4,945 Sales tax .. 220,103 ’ 246,961 Light dues .. 3,701 3,197 Export levies— Wool .. .. 1,287 1,702 Meat .. .. 7,856 6,326 Honey .. .. 41 1 Miscellaneous .. 430 462 1,036,798 1,114,258 AUCKLAND The highest monthly figure since before 1930 was represented in the collection of £365,736 in customs revenue at Auckland in September. The yield for the first nine months is nearly £IOO,OOO ahead of the amount received in the corresponding period last year, while sales tax receipts and motor spirit and tyre duties have also recorded substantial increases for the first three quarters of the current year. The customs yield is £365,736, compared with £274,987 for September last year, an advance of £90,749 and an Increase of £75,309 on the return for August this year. One of the principal reasons contributing to the improved revenue is the increased petrol tax, which for the purposes of the returns is calculated at the old rate of 6d a gallon, the balance being included in ordinary customs revenue. For nine months of the year sales tax receipts amount to £810,423, an increase of £54.731 compared with the same period in 1938. However, the £84,269 obtained in September was the lowest monthly aggregate since last February. Tyre duty for the month rose by £214. while the tax on motor spirit, calculated at 6d a netted £2246 less than in September. 1938. However, when compared over the nine months period all these figures show advances on the corresponding aggregates for the first three quarters of 1938. , . .. 0 The marked recovery shown in tne excise duty on beer in August was continued last month when receiptswere £2245 ahead of those for Septetnber, 1938. So far this year £154,092 has been obtained under this heading ns against £149,371 from January to September, inclusive, last year. WELLINGTON ■■■]' ■' - • •• Customs returns in Wellington for September, compared with those for September last year were £412,282. against £320,416, an increase of £91.866. Comparative figures are:—• This Last year. year. £ - £ tax :: n 6,637 n IS Motor spirits .. 44,989 ,42.748 Customs 8U f eS f ° r .!w S W7l Sales tax .. 700 821 663.519 Her • •• 39 * 465 37.845 Motor spirits .. 267,928 268-808 Tyres .. •• 11,604 13,843 DUNEDIN DUNEDIN, September 30. Customs revenue in Otago for last month compares as follows with the figures for last September (in parenthesis):— Customs duty £103,044 (£76,477). Beer duty £24,283 (£25,664), Sales lax, £27.020 (£20.996), Petrol tax, £16,926 (£16,249). Gold duty, £Bl3 (£1645). Tyre tax, £744 (£1169), . . For the nine-monthly period of the present year, the figures are as folCustoms duty, £ 585,361 (£575,761). Beer duty, £250,158 (£228,415). Sales tax. £236,898 (£227,758). Petrol tax, £140,820 (£145,503). Gold duty, £ 12,553 (£15,489); Tyre tax, £6602 (£5905). LONDON PRODUCE MARKETS (UNITED PRESS ASSOCIATION —COPYRIGHT.) (Received October 1, 9.30 pm.) ■ LONDON, September 30. Friday’s closing prices in the London produce markets were:—Cotton, spot not quoted; October, 5.81 d per lb; jute and copra not quoted; rubber, Para lid per lb; plantation smoked, 9£d; linseed oil, not quoted; turpentine, £4 per cwt.