CUSTOMS RETURNS

Timaru Herald, Volume CXLV, Issue 21184, 3 November 1938, Page 12

CUSTOMS RETURNS

CHRISTCHURCH FIGURES By Telegraph—Press Association CHRISTCHURCH, October 31. A small decline in Customs revenue for October, compared with the revenue for the same month last year, is shown in the return of the Collector of Customs at Christchurch. The total revenue collected in October this year is £833 less than that for October, 1937. Customs alone declined by £5701 and sales tax by £1740, but there were compensating increases in revenue for beer duty (£3362) and petrol tax (£2785). The beer duty, petrol tax and meat export levies alone showed any appreciable increase in the first seven months of the financial year, during which the total revenue was £1,203,111. The figures were:—

INCREASE IN DUNEDIN By Telegraph—Press Association DUNEDIN, October 31. The total revenue collected at the Dunedin Customs Office for the month which ended to-day, shows a slight increase over the total amount collected during October of last year. This year the month’s total was £142,820, while in October, 1937, it was £137,538. The figures for October, compared with the same month last year are as

ANTWERP FIXTURES Onlted Press Association—By Electric Telegraph—Copyright LONDON, November 1. Antwerp Futures are steady; December 23d, March 23 3-Bd, May 23id.

WAIKARI LIME COMPANY For the year ended August 15, the Waikari Lime Company, Ltd., earned a net profit of £1719, compared with £1706 in the previous year. Dividend, which was passed in the preceding period, was fixed at 5 per cent. Net profit was struck after providing for repairs, depreciation, maintenance, bad and doubtful debts and directors’ fees. With £556 brought in there is £2275 available. Sales and profit Increased, although abnormally bad weather towards the close of the financial year adversely affected the demand.

Customs October, October, 1937. £ .. 94.400 1938. £ 88,699 Beer Duty .. . .. 10,990 14.352 Petrol Tax .. .. .. 21,819 24,604 Tyre Tax .. .. 1,117 1,033 Sales Tax . .. 38.145 36,405 Light Dues Export Levies— 432 724 Wool 28 48 Meat 175 378 Miscellaneous . 39 69 Total .. . .. 167,145 166,312

follows:— Sales Tax .. .. October, October, 1938. 1937 £ £ .. .. 26,768 27,383 Customs Duty .. .. .. 59,238 61,465 Beer Duty .. .. .. .. 37,425 27,182 Petrol Tax . .. 17,211 17,067 Tyre Tax 1,003 Gold Tax .. .. .. .. 1,124 3,112 Total .. .. .. 142,820 137,538