LYTTELTON HARBOR.
The annual accounts of the Lyttelton Harbor Board shows the receipts for the year to be £151,443 4s sd, and the expenditure of all kinds £86,011 7s 9d. The balance still at credit of the Board is £65,431 16s Bd. The receipts under the heading of wharfage were £23,936 ; pilotage, £4236 ; towugo fees, £2719. The chief items of expenditure, besides wages;-salaries and interest,were £38,316 bn the dock and £10,756 on a new breastwork. The assets of the Board, for. depreciation, are estimated at £488,830, and liabilities, including £200,000 loan, at £223,300, The proposed works for the year amount to £50,000, The most important of these is a breastwork along the eastern half of ‘the harbor, to cost £20,000 ; dredging work, £BOQO ; new sheds on Gladstone pier, £6OOO ; and a slip for vessels up to 300 lons, £4OOO. During the year 418,250. tons of stuff have been dredged, at an average cost of 5M per cubic yard. Since the dredge began to work, in May 1876, 2,063,000 tbns have been lifted, at an average cost of 6d per cubic yard.
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South Canterbury Times, Issue 2763, 31 January 1882, Page 2
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181LYTTELTON HARBOR. South Canterbury Times, Issue 2763, 31 January 1882, Page 2
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