BETTER BY A MILLION

Evening Star, Issue 18504, 11 December 1923, Page 7

BETTER BY A MILLION

DOMINION FINANCE. FIGURES FOE EIGHT MONTHS 'Pwt Unjtei; Pa ess Association.] WELLINGTON, Ht-rfi'iber JO The Hon. W. Downie Fte’- r.rt Acting Minister of Finance; has issued the following statement of the dominion’s revenue and expenditure for the eight months ended November 30, showing a net im prominent in the position as compared with the corresoondiog period of hist year of AVI ,196,803. Ti e revenue for the eight months totalled £] 3,926,074, against £!’3,863,"40 for the same period of the orevious financial \enr, a net increase of £1,052.626. The following are the principal items of revenue, the increase being shown in parentheses: Customs. £4,693,071 (£1,980,416). Beer duty, £377,860 (£5,317). St-amu and deatli* duties, £2,180,663 (£12,910). Post and telegraph, £1,755,359 (£98,069). Income tax, £317 518 (£192.608). Railways, £4,07,5.575 '£113,918). Registration and other fees, £110,521 (£16.905). Marine. £53,641 (£22,069). The land tax collected amounted to £493,806, or a comparative decrease of £168,568, with receipts still to come. The expenditure amounted to £15,615,329, as compared with £15,759,613 for the corresponding period of last year. The increases and decreases are evenly distributed throughout the different votes, except that in the case of the vote for the working railways the department shows a decrease of £397,039 as compared with last year’s figures.