REVENUE AND EXPENDITURE OF THE SOUTH AFRICAN REPUBLIC.{10} Fiscal period. Revenue. Expenditure. Remarks. L L Aug. 1, 1871 to July 31, 1872 ... 40,988 ... 35,714 " 1, 1872 " Jan. 31, 1873 ... 43,239 ... 41,813 Feb. 1, 1873 " " 31, 1874 ... 49,318 ... 45,482 Gold discovered in Lydenburg. " 1, 1874 " " 31, 1875 ... 58,553 ... 61,785 " 1, 1875 " " 31, 1876 ... 64,582 ... 69,394 " 1, 1876 " " 31, 1877 ... 62,762 ... 64,505 " 1, 1877 " April 12, 1877 ... 25,752 ... 17,235 April 12, 1877 " Dec. 31, 1877 ... 54,127 ... 70,003 Jan. 1, 1878 " " 31, 1878 ... 76,774 ... 89,063 " 1, 1879 " " 31, 1879 ... 93,409 ... 177,596 " 1, 1880 " " 31, 1880 ... 174,069 ... 144,943 " 1, 1881 " Oct. 14, 1881 ... 25,326 ... 186,707 British Govt. Aug. 8, 1881 " Dec. 31, 1881 ... 37,908 ... 33,442 Boer Govt. Jan. 1, 1882 " " 31, 1882 ... 177,407 ... 114,476 " 1, 1883 " " 31, 1883 ... 143,324 ... 184,344 " 1, 1884 " Mar. 31, 1884 ... 44,557 ... 18,922 April 1, 1884 " " 31, 1885 ... 161,596 ... 184,820 " 1, 1885 " " 31, 1886 ... 177,877 ... 162,709 Sheba floated. " 1, 1886 " Dec. 31, 1886 ... 196,236 ... 154,636 Rand proclaimed Sept. 8, 1886. Jan. 1, 1887 " " 31, 1887 ... 637,749 ... 594,834 Shares quoted Johannesburg Stock Exchange. Telegraph opened Johannesburg April 26, 1887. " 1, 1888 " " 31, 1888 ... 884,440 ... 720,492 Boom, Nov. 1888 " 1, 1889 " " 31, 1889 ...1,577,445 ...1,201,135 to Jan. 1889. Slump, Mar. 1889. " 1, 1890 " " 31, 1890 ...1,229,061 ...1,386,461 " 1, 1891 " " 31, 1891 ... 967,192 ...1,350,074 Baring Crisis. " 1, 1892 " " 31, 1892 ...1,255,830 ...1,187,766 Railway reached Johannesburg Sept. 15. " 1, 1893 " " 31, 1893 ...1,702,685 ...1,302,054 " 1, 1894 " " 31, 1894 ...2,247,728 ...1,734,728 " 1, 1895 " " 31, 1895 ...2,923,648 ...1,948,249 " 1, 1896 " " 31, 1896 ...3,912,095 ...3,732,492 " 1, 1897 " " 31, 1897 ...3,956,402 ...3,898,816 " 1, 1898 " " 31, 1898 ...3,329,958 ...3,476,844