Papuan Accounts For
pp. 63-64 · Read in the full issue
Last Half Year
From Our Own Correspondent.
Pt. Moresby, Feb. 24.
Statements issued by the Papua Treasury Dept., for the six months ended December 31, 1934, show that the half year concluded with a short surplus of revenue over expenditure of £83. The surplus for the six months ended December 31, 1933, was £279.
Total revenue increased £14,903, to £69,509. Of this amount, however, £10,674 represented addi tional grants from the Federal Govt.—subsidy in crease, £1250, and rubber subsidy, £9424. Prin cipal increase in revenue was Customs receipts, which advanced from £2035 to £19,256. Mining revenue rose from £1568 to £1789. Only decrease was the Lands revenue, which dropped £202.
For the six months under review expenditure in creased £15,047, to £69,716. Of this amount, it is understood that £9424 was expended in grants-inaid to rubber growers. At December 31, the Trust Fund totalled £44,151, and the Public Debt at £65,504, all of which is due to the Commonwealth of Australia.
The French sloop Amiral Charner, which is stationed at New Caledonia, arrived in Sydney on March 2 to be over hauled. She is commanded by Capt. P.
C. Adelus.
The 1552 tons diesel engined yacht Rosaura, owned by Lord Moyne of Eng land, arrived in Sydney on February 6.
She sailed the same evening for New Zealand, and then cruised to New Guinea.