NINE MONTHS' REVENUE

New Zealand Times, Volume XXXII, Issue 7022, 10 January 1910, Page 5

NINE MONTHS' REVENUE

SATISFACTORY RESULTS. THE PRIME MINISTER STATES THE POSITION. "THE CORNER WELL TURNED." PEESS ASSOCIATION. INVEROARGILL, January 9. Sir Joseph Ward informed a reporter that the figures for tho Treasury for the last quarter were closed. The revenue results were satisfactory. The amount received for tho quarter was £2,647,073, or £55,685 more than for tile December quarter last / year. The analysis of the revenue for the nine months as compared with the corresponding period of last year are: £ 1909 6,445,311 J9OB 6,421,028 Increase ... £24,283 To this lias to be added £67,142 from national endowments, which gives an increaso for tho nine months of £91,425. Tho increases aro: £ Land and income tax 5 5>365 Railways I Q?'n?a Miscellaneous ... 31,000. There are, however, decreases, as follow : £ Customs 4?>911 Stamps o 4,860 Beer duty 1.411 Registration and State fees ... ... 24,517 " Marine ... ..• *~9 Territorial 24,090 This represents an increaso on tho ono hand of £272,171, and a decrease on the other of £247,888, making a net increase for the nine months of £24 283. A* feature of the figures is that tho increase for the December quarter alone is £55,685. The Primo Minister expressed his satisfaction with tho revenue returns for the past nine months. The fact that last quarter showed such a satisfactory increase was, in bis opinion, an indication that bettor times had followed the period of depression through which the Dominion bad passed; and strongly pointed to tho corner having been well turned. As Minister of Finance he was very gratified at the results, which should inspire tho people of the country with renewed confidence, and there was no reason wliy they should not continue tlio steady progress which had produced such excellent results for the December quarter. This—added to the fact that nine months of 1909, as compared with the samo period of 1908, showed the improvement lie had stated—clearly demonstrated that there had been improved conditions during the whole of that period.