Show RETURNS OF LICENSES FAR PAR ESTIMATE receipts in tie office of ff E crock ett secre secretary tiry of state from the eale sale ot 0 automobile licenses and ana from fee fees for transfers and the like have totaled eo go far this year of thi this 91 was collected during the first quarter and diring the second quarter however once a law passed by tho the last legislature it reduced the license prices by SO 50 per cent on passenger pa enger car cars and 25 per cent on a light trucks for the current year rebates were allowed to the owners of 24 this leaves the net revenue to the state to date from this source from which must be paid the expenses of collecting the tax and of administering the automobile laws covering licenses it is probable that during the last two quarters of the year the receipts will run somewhere between bowee a and receipts from this sourest source therefore will net not around amund to receipts from the taxes on the sale of gasoline will r in up to approximately the same figure according to present outlook previous calculations of the combined revenues of these two funds had been made on P r basis of to the automobile license tar on that basis the motor vehicle registration fund would yield after paying cost of adm administration Inist ration and also interest ani an I 1 sinking funds on the state road beads about to the state road department for maintenance of roads the increase in creaso in the estimates from the motor fund of about will increase the surplus avail able to the state road commission by just that amount under the present esti CM mates |