HARBOUR INCOME
Less Trade Predicted
Loss of part of the meat trade and less cargo because of the Government’s economic policy would mean a small decrease in the Lyttelton Harbour Boards income for the year up to September 30, 1968, said Mr A. J. Sowden, the board’s treasurer, in the annual estimates presented- yesterday. The estimated income for the year was $1,861,300, compared with $1,949,607 last year.
Mr Sowden said expenditure would generally be similar to that of last year ($1,949,607), with a few exceptions. It was estimated that expenditure from the Port Development Loan Account for the year would be $255,000, compared with $641,619 for last year. Because of the increasing difficulty in raising loan finance it would be necessary to proceed with the eastern extension scheme at a much slower rate. Expenditure on inner harbour modernisation was estimated at $400,000, which included provision for completion of roll-on, roll-off facilities at Gladstone Pier, the purchase of land for a cargo depot, and provision of wheat silos. Mr E. Brophy told the board that by appropriating profits for necessary expenditure the board was putting its appropriation account in debit, but the board actually had a net trading profit of $339,000 for the year. Mail Notices Mails close at the Chief Post Office. Christchurch, as follows: Southern Offices.— Monday to Saturday. 7 a.m. (late fee, 8 a.m.); Monday to Thursday, 5 p.m. (late fee, 6 p.m.); Friday. 8 p.m. (late fee, 9 p.m.); Sunday, 8 p.m. (late fee, 9 p.m.). Nelson.— Monday to Friday, 8 a.m., 5 p.m., 8 p.m.: Saturday, 8 a.m., 5 p.m.;’Sunday, 8 p.m. West Coast.— Monday to FriIday. 8.30 a.m., 4 p.m., 11.45 p.m.; Saturdaj’. 8.30 a.m.; Sunday, 11.45 p.m. North Island.— Monday to Sunday. 5 p.m. (late fee, 6 p.m.). Inland Air Mails. —Auckland, Monday to Friday, 5 a.m., 9 a.m., noon, 3 p.m., 5.30 p.m.: Saturday, 6 a.m., 11 a.m.; Sunday, 11 a.m., 6 p.m. Dunedin, Monday to Friday,. 7 a.m., noon. 5 p.m.; Saturday, 7 a.m., 11 a.m. Invercargill, Monday to Friday. 7 a.m., noon, 5 p.m.; Saturday, 7 a.m.; Sunday, 11 a.m. Wellington, Monday to Friday, 5 a.m., 9 a.m., 1 p.m., 5.30 p.m.: Saturday. 6 a.m., 11 a.m.; Sunday, 11 a.m.. 6 p.m. OVERSEAS MAILS Air.—Australia, Monday to Friday, 2.30 p.m.: Saturday, Sunday, 11 a.m. Great Britain and Northern Ireland, Monday to Friday, 2.30 p.m.. Saturday, 11 a.m.: Sunday, 11 a.m. New Zealand Forces, Vietnam, Mon day and Thursday, noon; Friday, 11.45 p.m. United States of America, Monday to Friday, noon; Saturday, 11 a.m.; Sun-day,-11 a.m. Surface. — Unless otherwise indicated, second-class mails close at 10 a.m. previous day. Australia, Ceylon, Egypt, India, New Hebrides, Norfolk Island, Pakistan, Solomon Islands and Tarawa, Saturday, February 10, 8 a.m. Chatham Islands, Saturday, February 10, 8 a.m. (letters only). Great Britain and Northern Ireland, Monday. February 12. 2 p.m. United States, West Indies, Canada. Hawaii, Tuesday, February 13, 2 p.m. Western Samoa, Tuesday, February 20, 2 p.m. INWARD MAILS Air.—Australia, daily. United Kingdom, daily. Canada, United States of America, Fiji, daily. Surface.—Australia, February 10 (Ellinis). United States of America and Canada, February 10 (Mariposa). United Kingdom, February 15 (Port Victor). Fiji, February 14 (TOfua).
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Bibliographic details
Press, Volume CVIII, Issue 31598, 8 February 1968, Page 9
Word Count
528HARBOUR INCOME Press, Volume CVIII, Issue 31598, 8 February 1968, Page 9
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