AUSTRALIAN NEWS.
(Received July 23, at 2 a.m.) VICTORIAN FINANCIAL STATEMENT. Melbourne, July 22. The Hon. Mr Service, Colonial Treasurer, brought down his financial statement to-night. The revenue for. the past year was L 6,290,000, excluding the balance of L 610,000 with which the year commenced. The expenditure for the same period was L 6,210,000. The balance at the end of the year is L 392,000, and the actual surplus of receipts over expenditure L 78,000. The Treasurer estimates the revenue for the forthcoming twelve months at L 7,000,000, and the expenditure for the same time L 6,900,000. The estimated balance at the close of the financial year 1885-1886 being L 51,000. The public debt is set down as L 28 ,600,000. In the ,
course of his speech Mr Service informed the House of the great success which attended the action of Government in reducing the telegraph charges from one shilling to sixpeace per ten words. He announced that no filial charges have been made.
July 23, at 1.45 p.m.)
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GRA18850724.2.9
Bibliographic details
Grey River Argus, Volume XXXI, Issue 5251, 24 July 1885, Page 2
Word Count
170AUSTRALIAN NEWS. Grey River Argus, Volume XXXI, Issue 5251, 24 July 1885, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in