New Guinea Finances In
p. 38 · Read in the full issue
Better Shape
IN the six months ended December 31, 1939, the Administration of New Guinea collected revenue totalling £250,153, while in the same period the expenditure was £244,276.
This means that in the half-year the Government showed a surplus of £6,000, compared with a substantial deficit in the 12 months ended June 30, 1939. The economies upon which the Administrator embarked with determination, in the middle ©f last year, had a good effect.
The accumulated surplus, carried for ward, is now nearly £24,000.
Compared with the same period of 1938, Customs revenue showed an in crease of £7,870, and gold royalty in creased bv £14,857. The gold royalty collected in the six months was no less than £82,425.
There are no serious decreases in the revenue.
On the expenditure side, the only not able increase is £3,117, under the head ing of “New Works.” In practically every other department there have been substantial reductions.
Dr. H. B. Lans-e arrived in Auckland recently from Western Samoa, hav ing relinquished his post there on the staff of the Government Hospital at Apia.
Mr. N. J. Bradley, Administrative Officer in the Fiji Service, is at present spending six months’ leave in the United Kingdom.