DOMINION'S FINANCES.

Grey River Argus, 13 May 1911, Page 2

DOMINION'S FINANCES.

(By T«i««Taph— ]?«r Prasi Ai*ociauou) WELLINGTON, May 11. The details of the dominion's finances for the year end'uJf March- ?i, 1911 shows that the principal items were made public by the Hon J. A. Ivi-llar at Dunedin last Saturday, tut trese may <be supplemented a little. The Naval Defence Account shows that £1,120,250 has been received of the loan of £1,250,000. Authorised expenditure has totalled £489,289, and loan charges were £431, leaving a balance of £630,529. The Native Lands Settlement account shows that £181,600 was received from the State Guaranteed Advances office. The amount expended under the Act was £133,334. After providing for sinking fund 'here' is a balance of £44,32? in hand f or !lv settlements accounts. ] The principal receipts wore: the b? -lance at the begin i'.i% of \hs \ £.:■«• £202,385; rents, etc. fr.n estates £271,199, making, with smaller items, a total of £663,640. The amount spent during the year in the purchase of. estates was £158,---796. The expenses connected with these and other estates previously purchased amounted to. £16,720. The interest paid to the Consoldated Fund in respect of debentures issued absorbed £224,037, and sinking fund £59,---079. The balance at the" end. of the year was £5,3,397. . . The principal estates purchased and the amounts paid were: — Allanholm £24150. Avi em ore £9,250. CTandeboye £14,476. •Olandeboye, No 2 £8",T92. Drayton £21,296. Hornby £3,695. Tvohika, No. 2. £6397. Meadows £13,4357. •Ruapuna No. ,2 £39,822. Stoke £18,137. Waitakarua, No 1 . 5 B. £6522.