THE CONSOLIDATED REVENUE ACCOUNT.

Otago Daily Times, Issue 11956, 1 February 1901, Page 3

THE CONSOLIDATED REVENUE ACCOUNT.

(Per United Prkss Association'.) WELLINGTON, January 31. The ordinary revenue account of the consolidated revenue at the end of the year shows a balance of £397,542, as against £663,626 at the commencement of the last quarter. The principal items of revenue during the quarter were: Customs, £549,443; stamps, £195,676; laud tax, £236,012; railways, £424,465. The total revenue amounted to £1,557,865. For the corresponding quarter of the preceding year the revenue to this account was £1,499,647. The balance on the Treasury bills account is now £870,000, as against £910,000 a year previously. The land for settlement account, which now has a credit of £49,258, paid during the quarter for purchase of estates £8575, of which £2678 came under the head of incidental expenses, In the loans to local bodies account the revenue amounted to £34,600 from the creation of debentures and payments amounting in all to £35,620. The credit balance on the account now amounts to £23,490. The only transaction disclosed m the consols account for the quarter is the receipt of £4447, deposits inscribed. The balances on all accounts amount to a credit of £1,982,597.