THE PORT'S PROGRESS.

Timaru Herald, Volume XCIV, Issue 14393, 7 January 1911, Page 5

THE PORT'S PROGRESS.

The Harbour Board and 'district have good reason to feel satisfied with the annual returns for the port, which we publish in another column. These show that another record has been established In regard to revenue, which amounted for the year to £37,821, as compared with £36,64-5 in 1909.' The imports have appreciably increased, and, if the shipments of oats had not been less, there would have been a large increase to record also "in exports. The valuations in the harbour rating district have increased from £10,320,534 in 1909 to £10,500,468 in 1910, and the harbour rate last year produced £8203, as compared with £BOO2 for the preceding year. It is obvious from these returns that the prosperity of Timaru and its port is based on a very solid foundation, and we have no doubt that we : shall see even: these figures steadily eclipsed in future. The opening of the new wharf-, which gives the port a sufficient berthage capacity to accommodate six big ocean liners of the size of the Corinthic, is another mark of progress on which the Board can well congratulate itself. The excellent facilities which the harbour of Timaru .affords to-day, and the trade which has rewarded them, are a subject for legitimate pride, especially when it is remembered how little was done by nature for the port, and how much of its development has . been due to those who have shaped its progress with wise foresight and untiring zeal.