REVENUE FOR THE YEAR.

Dominion, Volume 2, Issue 402, 11 January 1909, Page 6

REVENUE FOR THE YEAR.

NET INCREASE, £289,757. 'A CONSIDERABLE INCREASE IN EXPENDITURE. The Treasury Department has compiled a series of comparative tables dealing with tho revenue for the past three months, the past nine months, and the past year, and showing considerable increases as compared with tho corresponding periods of 1907. The tables are as follow:— DECEMBER QUARTER. 1908. .1907. Increase. * ' ' ''■£• £ £ CnstomG 707,665 729,767 — Stamps, 'including Post; Tel. cash re- _ ceipts 393,663 390,811 3,052 Land and Income Tax 561,124 498,341 62,780 Beer duty - 34,871 33,221 1650 Railways, .„ ... 774,962 694,442 80,520 Registration and other fees 24,531 20,160 4,371 Marine 11,174 10,199 075 Miscellaneous ... ■ 49,641 41,268 8 373 Territorial .' a), 557 59,586 — Totals 2,591,388 2,477,798 161,721 .£22,102. Terri- ' torial w£26,029 4g >m Net increase 113,590 NINE MONTHS ENDED DECEMBER 31. ' 1908: 1907. Increase. £ £ £ Consolidated Fund. Ordinary Revenue: Customs 2,112,041 2,274,081 — Stamps, including Post, Tel. cash receipts ... ...1,162,921 1,109,321 53,600 Land and Income Tax, - t 582,218 513,195 63,023 'Beer duty ... , ... 86,51J 81,1(18 5,343 Railways 2,067,593 1,909,472 158,121 Registration and other foes 75,831 79,801 — Marine .' 31,673 29,498 ' 2,175 1 Miscellaneous ' ... 158,138 134,017 24,121 1 TerritVl revenue ... 144,099 176,543 — Totals 6,421,028 6,307,101 312,883 Decreases.—Customs .£162,037, Regis--1 tration and .other fees .£3970, Territorial \£32,«9. , 198,456 '. , " Net increase 113,927 , YEAE ENDED DECEMBER 31. 1308. 1907. Increase. £ £ £ Customs 2,941,529 3,068,445 - Stamps, inoluding ' Post, Tel. cash re-' ceipts ~.. , -...1,604,534 1,492,332 112,202 Land, and Income. Tax „. ... 911,774 796,113 115,661 Beer dnty 119,315 111,975 7,3-10 Railways 2,923,516 2,740,191 183,325 Registration and / otter fees 125,196 118,083 7,113 Marine -14,892 41,049 3,343 Miscellaneous ... 242,463 234,765 7,698 Territorial i 257,154 277,163 — Totals .„ ...9,169,873 8,880,116 430,682 Decreases.—Customs .£126,916, Territorial i>20.009 ... , 146,925 Net increase 289,757 The Prira> Minister stated that the £200,000 Treasury Bills issued in anticipation of revenue in tho previous quarter were ' paid off during .the December quarter, and' that debentures to the amount of £3,133,238, ' falling duo during . the current year, had ' been arranged for on the most satisfactory terms.' Out of '£1,281,850, falling due on Jannary 1, over £1,100,000 had been renewed to present holders. Tho figures showing tho expenditure for 1908 wore not yet available, but be believed they would show a considerable increase, and- this was a phase of the financial position which he intended to deal with .comprehensively at an carlv date.