3
=
mates are based on $ ls. 2d., and on this
basis these duties are estimated to yield.
$5,900,000. The present rate of exchange is
1s. 2d. may turn out to
about 1s. 4 d.
$
=
be as conservative an estimate of the average
rate of exchange for 1933 as 1s/- has turned
out to be for 1932.
Figures of revenue and expenditure
for the past few years are as follows:
Revenue.
$
Expenditure.
$
1929
23,554,475 21,783,256
1930
27,818,474 28,119,646
1931
33,146,716 31,160,774
1932 Approved
33,991,510
34,981,661
estimate.
Revised
33,152,672
32,687,500
estimate.
1933 Estimated
34,002,575 35,199,247
Surplus of Assets over Liabilities.
31.12.29
30
31
7,667,852
7,361,679
11,347,629
11,812,803
32 Estimated.
33 Estimated.
10,616, 131
In 1931 a surplus of nearly $2,000,000 was realised on the year's working, though a deficit of over $2,000,000 had originally been.
anticipated in the approved estimates, and only
a small balance was anticipated when the revised
estimate was prepared.
The anticipated deficit of nearly $1,000,000
in the approved estimates for 1932 is now re-
placed