ABSTRACT OF THE REVENUE AND EXPENDITURE OF THE PUBLIC ACCOUNT FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1897.

Appendix to the Journals of the House of Representatives, 1897 Session II, B-05

8.-5.

Sess. 11.—1897. NEW ZEALAND.

ABSTRACT OF THE REVENUE AND EXPENDITURE OF THE PUBLIC ACCOUNT FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1897.

Presented to both Houses of the General Assembly pursuant to Section 69 of " The Public Revenues Act, 1891."

1-JB. 5.

8.—5

2

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED REVENUE

RECEI £ s. d. 445,740 17 8 Balance at beginning of Year, — Cash in the Public Account .. .. .. ... Advances in the hands of Officers of the Government, — In the Colony In London On account of Imperial Pensions .. Silver Coin Account Investment Account £ s. d. 517,316 10 5 £ s. d. 19,595 0 1 35,207 15 3 280 12 9 13,200 0 0 476,000 0 0 16,028 17 5 16,953 12 7 259 15 7 990,024 5 9 810,000 0 0 Less Treasury Bills outstanding 950,558 16 0 735,000 0 0 400,000 0 0 215,558 16 0 180,024 5 9 1,649,310 7 2 707,187 12 0 271,394 8 2 92,778 3 11 54 18 8 62,657 11 6 1,182,279 16 6 48,434 12 8 20,560 6 10 72,419 16 8 Ordinary Bevenue, — Customs Stamps, including Postal and Telegraph Cash Beceipts Land-tax Income-tax Property-tax Beer Duty Bailways Begistration and other Foes Marine Miscellaneous 1,818,972 6 6 730,236 16 7 272,309 1 11 105,504 7 5 63 0 11 68,786 13 9 1,287,139 12 6 50,256 10 11 21,204 1 2 98,372 12 2 4,107,077 14 1 Territorial Bevenue, — Cash Land Sales .. .. .. .. .. .. £67,068 10 9 Deferred-payment Land Sales .. .. .. .. 42,452 8 11 Pastoral Buns, Bents, and Miscellaneous .. .. .. 163,432 14 1 4,452,845 3 10 73,521 10 11 53,049 14 3 165,102 4 8 272,953 13 9 4,398,751 3 11 4,725,798 17 7 Beceipts in Aid, — Debentures issued under " The Consolidated Stock Act, 1884 " — For Increases of Sinking Fund .. .. 70,300 0 0 145,400 0 0 8,000 0 0 3,864 1 7 Amount recovered from the Cheviot Estate Account, — Balance of the Purchase-money In respect of Expenditure charged in previous year to " Unauthorised " 2,609 3 9 2,609 3 9 11,864 1 7 Debentures issued under, — " The District Bailways Purchasing Act 1885 Amendment Act, 1886," in renewal of like amount matured 1st Oct., 1896 .. 35,000 0 0 18,600 0 0 18,000 0 0 11,101 1 3 Sinking Funds set free, — " The Lyttelton and Christehurch Bailway Loan Ordinance, 1860 " Applicable to the Redemption of Debentures issued under " The Consolidated Stock Act, 1884," in respect of— " Auckland Loan Ordinance, 1863 " " The Lyttelton and Christehurch Bailway Loan Ordinance, 1860 " .. " The New Zealand Loan Act, 1863 " 4,700 0 0 19,571 0 0 3,396 10 8 47,701 1 3 Amount transferred from Beleased Sinking Fund Suspense Account 27,667 10 8 0 9 4 27,668 0 0 Totals £5,076,934 17 4 S4,783,740 12 6 TREASURY BILLS 334,000 0 0 476,000 0 0 Treasury Bills outstanding at beginning of Year, — In anticipation of Bevenue In redemption of Guaranteed Debentures .. 335,000 0 0 400,000 0 0 735,000 0 0 810,000 0 0 Treasury Bills issued during Year 1,525,000 0 0 1,255,100 0 0 2,065,100 0 0 Totals .£2,260,000 0 0

3

8.—5

FUND for the Year ended 31st March, 1897, compared with the Financial Year ended 31st March, 1896. ACCOUNT.

1895-96. EXPENDITURE. £ s. d. 23,044 15 11 1,683,775 0 8 200,558 0 3 63,879 9 7 Permanent Appropriations,— Civil List Interest and Sinking Fund Under Special Acts of the Legislature Subsidies paid to Local Bodies Amounts paid over to Local Bodies and to Deposit Accounts in respect of Payments under the Land Acts Endowments— New Plymouth Harbour Board Greymouth Harbour Board Westport Harbour Board £ s. d. 24,168 9 2 1,709,469 5 10 193,334 9 7 63,812 10 8 £ s. d 44,066 7 3 40,634 11 6 8,987 11 10 11,348 10 2 17,013 10 9 6,302 4 11 11,066 14 1 23,639 5 11 2,072,427 11 8 2,052,673 6 5 18,537 17 11 72,380 14 10 24,784 0 6 122,728 4 11 331,062 11 11 62,741 10 9 22,565 17 1 420,155 14 11 53,129 4 6 8,088 6 1 15,806 14 7 43,347 16 4 743,670 5 2 46,939 2 3 68,647 12 2 98,272 1 9 121,533 15 1 493' 1 3 22,422 16 10 Annual Appropriations, — Class I. —Legislative .. .. .. II. —Colonial Secretary III. —Colonial Treasurer IV. —Minister of Justice „ V. —Postmaster-General VI.—Commissioner of Trade and Customs „ VII.- Commissioner of Stamps VIII. —Minister of Education — Education Department Lunacy and Charitable Aid Department Department of Labour IX. —Minister of Mines X. —Minister of Agriculture XI.—Working Bailways XII. —Minister for Public Works XIII.—Defence Department XIV. —Police Department XV.—Minister of Lands „ XVI.—Bates on Grown Lands Services not provided for 20,328 8 4 101,921 13 0 29,835 4 2 123,294 5 0 352,386 7 6 91,050 0 7 22,380 14 2 428,129 12 0 54,513 10 1 7,206 4 6 18,106 14 7 50,033 9 2 776,747 17 6 45,370 17 7 68,551 9 10 101,330 6 1 116,668 19 10 508 9 11 3,188 17 7 2,297,307 8 10 2,411,553 1 5 150,000 0 0 Amount transferred to the Public Works Fund, Part I., in terms of section 17 of " The Appropriation Act, 1896 " .. Net amount advanced to Government Advances to Settlers Office Management Account in terms of section 49 of " The Government Advances to Settlers Act, 1894" 150,000 0 0 20,500 0 0 26,000 0 0 29,100 0 0 18,600 0 0 Debentures redeemed, — Consolidated Stock Act, 1884 (Colonial Issue) Lyttelton and Christehurch Bailway Loan Ordinance, 1860—due 1st Jan., 1896 District Railways Purchasing Act, 1885, due 1st Oct., 1896 Beleased Sinking Funds transferred to Deposit Suspense Account 22,968 0 0 4,700 0 0 35,000 0 0 113 62,668 0 0 47,701 1 3 517,316 10 5 16,028 17 5 16,953 12 7 259 15 7 400,000 0 0 Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government — In the Colony In London On account of Imperial Pensions Investment Account 632,305 17 0 20,904 19 1 25,858 17 7 516 10 7 404,700 0 0 950,558 16 0 735,000 0 0 Less Treasury Bills outstanding .. 1,084,286 4 3 730,000 0 0 354,286 4 3 215,558 16 0 Totals 24,783,740 12 6 £5,076,934 17 4 ACCOUNT. 1,330,100 0 0 Treasury Bills paid off during Year 1,530,000 0 0 335,000 0 0 400,000 0 0 Treasury Bills outstanding at end of Year, — In anticipation of Bevenue In redemption of Guaranteed Debentures 254,000 0 0 476,000 0 0 730,000 0 0 735,000 0 0 Totals £2,260,000 0 0 £2,065,100 0 0

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4

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED STATE FORESTS

1895-9 £ s. d. 5,205 19 1 Balance at beginning of Year, — Cash in the Public Account £ s. d. £ s. d. 7,192 8 6 1,815 15 10 652 10 8 Rents from Lands set apart Miscellaneous 1,032 11 2 5,471 13 8 6,504 4 10 2,468 6 6 Totals £7,674 5 7 £13,696 13 4 ACC UNTS OF 7,130 5 5 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony 5,910 18 4 1 19 10 7,130 5 5 Bevenue received for Local Bodies, — Fees, Fines, &c. Endowments of Land, &c. Goldfields Revenue Gold Duty 5,912 18 2 2,343 5 9 10,475 7 7 27,397 6 5 11,702 18 9 2,329 12 11 9,370 3 5 59,809 14 4 9,387 12 10 80,897 3 6 51,918 18 6 Counties Separate Accounts, — Revenue of Counties in which " The Counties Act, 1886," is not in full operation 301 14 5 382 17 2 40,376 6 2 07 0 6 Advance Account, — Amount repaid by Local Bodies Ditto on account of Unauthorised Expenditure of previous years 43,300 18 5 71 7 0 43,372 5 5 40,443 6 8 Totals £99,794 5 0 £130,565 4 3 DEPOSIT 77,140 9 1 530 0 0 3,799 9 9 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony In London 62,439 14 4 150 0 0 33,559 16 8 96,149 11 0 81,469 18 10 10,750 0 0 25 0 0 4,594 13 8 1,206 11 6 10,367 7 7 15 5 1 135 4 0 5 12 0 97,775 14 6 1,150 0 0 26 8 1 461 17 4 100 0 0 10,268 3 1 129 11 0 264 13 1 42 0 0 Lodgments,— Emigrants' Deposits General Assembly Library Fund Government of New South Wales Government of South Australia Government of Victoria Hospitals and Charitable Institutions Act, 1885 Land Transfer Act, 1885 Mining Districts Land Occupation Act, 1894 Miscellaneous Money-order Settlement Native Land Act, 1878 (No. 2) Native Land Purchases Nelson Bifle Prize Fund Investment Nelson Bifle Prize Fund New Zealand Midland Bailway New Zealand University Endowment, Canterbury New Zealand University Endowment, Taranaki New Zealand University Endowment, Westland Ngatiiahiri Compensation North Island Main Trunk Railway Loan Application Act 1886 Amendment Act, 1889 .. Permanent-way Material for Open Lines of Bailway Property Law Consolidation Act 1883 Amendment Act, 1895 ... Bailways Released Sinking Funds Suspense Tauranga Educational Endowment Reserves Act Thermal-springs Districts Act, 1881 Trustee Act, 1883 .. .. .. .. .. .; Westport-Ngakawau Railway Extension Act, 1890 6,425 0 0 25 0 0 973 9 11 4 13 6 458 0 0 81 17 9 117,183 10 11 14,900 0 0 25 0 0 434 18 10 800 0 0 64 0 0 24,371 13 10 129 11 0 293 19 8 14 10 0 4,024 0 11 29,987 3 0 10,254 18 11 347 5 5 400 0 0 12,137 0 0 400 0 0 113 806 11 2 206 15 7 1,192 19 7 1,172 12 5 2,507 19 5 194,198 1 2 178,743 12 10 Totals £260,213 11 8 £290,347 12 2

8.—5

FUND for the Year ended 31st March, 1897, compared with the Financial Year ended 31st March, 1896. ACCOUNT.

5

1895-96. EXPENDITURE. 1896-97. £ s. d. 481 17 1 7,192 8 6 Annual Appropriations,— Class XVII.—State Forests Account Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government— In the Colony £ s. d. 11,036 4 9 £ s. d. 2,472 7 10 188 0 9 11,224 5 6 £7,674 5 7 Totals £13,696 13 4 LOCAL B DIES. 2,369 12 3 16,909 19 2 22,459 4 3 11,548 1 6 Bevenue paid over to Local Bodies, — Pees, Fines, &c. Endowments of Land, &c. .. .. .. * .. Goldfields Bevenue Gold Duty2,246 15 0 7,084 19 7 58,179 13 9 9,461 4 11 53,286 17 2 Counties Separate Accounts, — Amount distributed amongst Boad Boards where " The Counties Act, 1886," . is not in full operation 76,972 13 3 443 6 8 363 4 2 40,151 3 0 Advance Accounts, — Payments on behalf of Local Bodies 43,075 0 7 93,881 6 10 Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government— In the Colony 9,885 4 9 5,910 18 4 1 19 10 269 1 6 5,912 18 2 Totals 10,154 6 3 £99,794 5 0 £130,565 4 3 ACCOUN S. 11,125 0 0 25 0 0 3,423 8 4 1,428 17 4 11,842 4 11 15 7 0 93,208 10 8 1,100 0 0 20 16 8 81 13 2 454 18 2 66 0 0 11,707 11 1 8 18 9 Withdrawals, — Emigrants' Deposits General Assembly Library Fund Government of New South Wales Government of South Australia Government of Victoria Hospitals and Charitable Institutions Act, 1885 .. .. Land Transfer Act, 1885 Miscellaneous Money-order Settlement Native Contracts and Promises Act, 1888 Native Land Act, 1878 (No. 2) Native-Land Purchases Nelson Rifle Prize Fund New Zealand Midland Railway Ngatirahiri Compensation North Island Main Trunk Railway Loan Application Act 1886 Amendment Act, 1889 .. Permanent-way Material for Open Lines of Railway Railways Released Sinking Funds Suspense Thermal-springs Districts Act, 1881 Trustee Act, 1883 Westport-Ngakawau Railway Extension Act, 1890 .. 6,375 0 0 25 0 0 753 9 7 8 13 9 968 4 0 120,447 19 0 3,650 0 0 38 15 1 434 1 0 66 0 0 27,895 3 0 90 6 1 12,625 10 7 14,070 18 8 2,471 17 4 347 5 5 12,114 16 8 0 9 4 10 0 2,020 0 0 4 6 0 206 15 7 176 6 5 164,064 0 8 Balances at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government— In the Colony In London .. .. .. .. .. ... 80,000 5 6 175,236 2 11 62,439 14 4 150 0 0 33,559 16 8 300 0 0 34,811 3 9 115,111 9 3 96,149 11 0 !260,213 11 8 Totals £290,347 12 2

8.—5

6

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS Part I.

1895-96. £ s. d. 218,217 2 4 Balance at beginning of Year, — Cash in Public Account Advances in the hands of Officers of the Government--In the colony In London Investments £ s. d. 4,811 14 7 £ s. d. 11,780 7 2 29,528 9 4 9,000 0 0 10,588 14 6 15,749 10 3 31,149 19 4 268,525 18 10 Proportion of proceeds of Debentures created under " The Aid to Public Works and Land Settlement Act, 1896 " .. Premium received in respect of same 375,000 0 0 5 12 6 375,005 12 6 150,000 0 0 Amount transferred from the Consolidated Fund in terms of section 17 of " The Appropriation Act, 1896" .. 150,000 0 0 Special Beceipts in connection with the Ellesmere and Forsyth Beclamation and Akaroa Bailway Trust 1,674 3 8 1,635 7 0 572 15 11 Recoveries, — In respect of Debentures issued under " The Roads and Bridges Construction Act, 1882" .. .. .. .. .. .. .. In respect of Expenditure charged in previous years 365 0 5 334 0 0 699 0 5 572 15 11 64 3 4 Sinking Funds released under " The Consolidated Stock Act, 1884," in respect of— " The New Zealand Loan Act, 1856 " " The Auckland Loan Ordinance, 1863 " 36 13 4 12,859 12 9 12,896 6 1 64 3 4 5420,798 5 1 Totals .. .. .. ... £571,425 2 0 Part II. 24,104 19 10 2,499 18 3 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government — In the Colony 12,960 15 7 962 5 2 26,604 18 1 13,923 0 9 Transfer from "The North Island Main Trunk Bailway Loan Application Act 1886 Amendment Act, 1889," Deposit Account, in terms of section 4 of the Act .. 10,000 0 0 £36,604 18 1 Totals £13,923 0 9

7

8.—5

FUND for the Year ended 31st March, 1897, compared with the Financial Year ended 31st March, 1896. Part I.

£ s. d. Cr. 9 11 0 12,499 10 0 176,223 11 9 66,715 3 1 9,345 0 5 Annual Appropriations,— Class I. —Immigration II.—Public Works, Departmental III.—Railways IV.—Roads V.—Development of Goldfields „ VI. —Native Land Purchases „ VII.—Telegrauh Extension .. „ VIII.—Public Buildings IX.—Lighthouses and Harbour-works X.—Rates on Native Lands XI.—Contingent Defence £ s. d. 301 6 3 14,891 16 6 193,307 13 1 64,236 12 3 10,508 2 11 Cr. 37 2 0 36,791 8 11 70,578 15 10 11,600 7 5 331 19 3 10,553 16 9 £ s. d. 35,537 15 2 76,239 11 10 7,409 9 4 340 1 5 5,000 0 0 389,300 12 0 413,064 17 2 Services not provided for 942 9 3 288 19 7 58 14 2 Local Bodies' Finance and Powers Act 1885 Amendment Act, 1887, — Moiety of subsidy to Waipa County 55 3 4 4,811 14 7 10,588 14 6 15,749 10 3 Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government— In the Colony In London Investment Account 63,642 13 10 18,198 2 0 5,521 16 5 70,000 0 0 157,362 12 3 31,149 19 4 Totals £420,798 5 1 £571,425 2 0 Part II. Annual Appropriations,— 20,88117 l! Class I.—Bailways 1,800 0 Oj Public Works, Departmental 22,681 17 4 13,923 0 9 13,923 0 9 Balance at end of Year, — 12,960 15 7 : Cash in the Public Account Advances in the hands of Officers of the Government— 962 5 2 In the Colony 13,923 0 9 £36,604 18 1 j Totals £13,923 0 9

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8

STATEMENT of the RECEIPTS and EXPENDITURE of the LANDS IMPROVEMENT

1895-96. RECEIPTS. 189 i-97. £ s. d. £ s. d. £ s. d. 24,868 15 10 10,724 1 2 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government — In the Colony 19,523 5 1 11,901 10 1 31,424 15 2 104,000 0 0 35,592 17 0 Proceeds of Debentures created under— "The Lands Improvement and Native Lands Acquisition Act, 1894 " .. " The Aid to Public Works and Land Settlement Act, 1896" (proportion) Premium received in respect of ditto 21,200 0 0 187,500 0 0 2 16 3 208,702 16 3 3,375 4 6 Recoveries on account of expenditure of previous years £139,592 17 0 Totals £243,502 15 11 •• STATEMENT of the BECEIPTS and EXPENDITURE of the NATIVE LANDS PURCHASE 5,051 12 2 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government — In the Colony 4,354 19 10 1,279 12 0 1,564 18 11 9,331 4 2 Proceeds of Debentures created under— " The Lands Improvement and Native Lands Acquisition Act, 1894 " .. " The Aid to Public Works and Land Settlement Act, 1896 " (proportion) Premium received in respect of ditto 5,919 18 9 160,000 0 0 30,800 0 0 187,500 0 0 2 16 3 218,302 16 3 160,000 0 0 Totals £169,331 4 2 £224,222 15 0 STATEMENT of the RECEIPTS and EXPENDITURE of the CHEVIOT ESTATE 1,098 1 6 12,530 6 6 14 5 2 731 0 10 Receipts under " The Cheviot Estate Disposition Act, 1893 " Land Sales for Cash Rents from Lands Rent of Buildings Shipping and Port Charges Interest on Advances Miscellaneous 480 16 10 13,833 8 2 4 6 9 869 4 10 45 0 0 100 11 6 139 0 3 15,333 8 1 14,512 14 3 Totals £14,512 14 3 £15,333 8 1

B«—s.

ACCOUNT for the Year ended 31st March, 1897, compared with the Financial Year ended 31st March, 1896.

2—B. 5.

9

1895-96. EXPENDITURE 189' i-97, £ s. d. 108,168 1 10 Annual Appropriations,— Vote 118—Boads and Bridges £ s. d. £ s. d. 106,929 12 1 19,523 5 1 11,901 10 1 Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony 130,130 5 11 6,442 17 11 136,573 3 10 31,424 15 2 £139,592 17 0 Totals £243,502 15 11 ACCOUNT fo: the Year ended 31st March, 1897, compared with the inancial Year ended 31: ,t March, 1896. Annual Appropriations,— 163,411 5 5 Vote 120—Native-Land Purchases .. 163,411 5 5 128,999 19 10 Balance at end of Year, — 4,354 19 10 Cash in the Public Account Advances in the hands of Officers of the Government— 1,564 18 11 In the Colony .. 5,919 18 9 4,354 19 10 93,959 12 1 95,222 15 2 1,564 18 11 1,263 3 1 5,919 18 9 £169,331 4 2 £169,331 4 2 Totals £224,222 15 0 .CCOUNT for the Year ended 31st March, 1897, compared with the Financial Year ended 31s Mabch, 1896. 869 3 6 5,499 6 7 869 3 6 5,499 6 7 Expenditure,— Interest on Debentures Surveys, Boading, &c. 11,979 15 5 2,966 1 3 6,368 10 1 | 8,144 4 2 Appropriations,— Class XVIII., Vote 74 .. 14,945 16 8 6,368 10 1 8,144 4 2 7 4 0 . Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government — In the Colony 55 16 8 380 7 5 324 10 9 £14,512 14 3 J — . Totals £15,333 8 1

8.—6.

STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS

10

1895-96. RECEIPTS. 1896-97. £ s. d. 554 7 7 Balance at beginning of Year, — Gash in the Public Account £ s. d. £ s. d. 1,857 11 9 163,200 0 0 Proceeds of Debentures created under — " The Land for Settlements Act, 1894 " 305,990 0 0 5,925 2 8 Receipts derived from Rents and Lease-fees 19,628 19 6 17 10 0 Proceeds of sale of saleyards, Merivale Estate 127 14 10 Refund in respect of excess area charged to Blind River Estate .. 19,628 19 6 6,070 7 6 S i .1 30,824 4 15 1 1 I Totals 169,824 15 1 J £326,976 11 3

8.—5.

ACCOUNT for the Year ended 31st March, 1897, compared with the Financial Year ended 31st March, 1896.

11

1895-96. EXPENDITURE. 189 i-97. £ s. d. £ Annual Appropriations,— Vote 75—Lands for Settlements Expenses £ s. d. s. d. £ £ s. d. s. d. £ s. d. £ s. a. 25 8 8 5,080 6 3 1,151 14 4 1,398 3 0 261 19 7 2,411 16 4 Acquirement of Estates, — Name o( Estate. j Purchase-: Albury (Assets Realisation Board) .. .. 65,174 Ardgowan (H. D. Cameron) .. .. .. 34,600 Arowhenua (Assets Realisation Board) .. : 28,915 Ashley Gorge .. .. .. .. | Blind River.. .. .. .. Braoo .. .. .. .. Elsthorpe (Trustees of Buchanan's Estate) .. 45,328 Epworth .. .. .. .. .. ; Hatuma .. .. .. .. .. ! Hawkesbury (C. Goulter) .. .. .. ; 10,865 Highbank (J. Browne) .. .. .. 59,209 Horsley Down (Trustees of Mallook and Lance) 20,022 Studholme Junction.. .. .. .. > Kapua .. .. .. .. .. j Kereta Maerewhenua Marawiti .. .. .. .. .. j Merrivale .. .. .. .. .. ' Myrtle Bank .. .. .. Omihi Stock Reserve .. .. .. I Opouriao Orakipaoa .. .. .. .. Otaio' .. .. .. .. Otarakaro (W. Bong) .. .. .. 1,990 Paparangi .. .. .. .. Pareora .. , ,. .. . ■ .. | Patba . . .. .. .. .. j Poerua .. .. .. .. Pomahaka .. .. .. .. .. j Pouparae (A. Donner) .. .. .. I 7,768 Puketapu .. .. .. .. .. Raureka .. .. .. .. .. i Roimata .. .. .. .. .. I Rosebrook .. .. .. .. Toka-rahi .. .. .. .. Tahawai Teanaraki Waimarie (G. Bruce) .. .. .. 8,608 Waihemo Grange (A. B. Kitchener) .. .. 12,239 Wharenui (Assets Realisation Board) .. .. 4,765 299, 48y Purchase-money. 65,174 11 8 34,600 0 0 28,915 9 9 45,328 10 0 10,865 13 6 59,209 12 7 20,022 5 8 -nion i 11 I 0 i 9 I 10 i 13 i 12 ! 5 ) 6 ! 16 I 15 I 13 i 6 I 0 aey. 8 0 9 0 6 7 8 3 6 0 8 3 10 Expense 629 3,228 331 J 41 422 14 ] 743 ] 27 299 396 ] 96 ] 4 6 : 95 : 1,553 3 15 : 574 43 : 1 53 11 6 170 708 ] 454 10 : 39 208 ] 334 ] 122 3 70 121 ] 34 1 10,875 Expenses. 629 6 2 3,228 7 6 331 13 5 41 2 0 422 6 3 14 19 0 743 15 4 27 9 0 299 7 3 396 14 0 96 17 5 ;es. 6 2 7 6 13 5 2 0 6 3 19 0 15 4 9 0 7 3 14 0 17 5 5 3 11 11 12 2 2 8 2 6 11 3 8 7 15 7 3 10 2 5 0 3 0 0 2 0 15 0 6 6 16 0 6 10 17 7 11 7 14 4 1 3 12 11 11 11 9 8 Total. 65,803 17 10 37,828 7 6 29,247 3 2 41 2 0 422 6 3 14 19 0 46,072 5 4 27 9 0 11,165 0 9 59,606 6 7 20,119 3 1 2,099 5 9 83 16 3 11 13 7 67 10 8 1,615 7 0 69,489 2 8 4 5 3 4 5 3 26,171 14 7 244 0 3 24,630 4 11 7,740 5 2 42 19 3 1,990 6 3 6 11 11 95 12 2 1,553 2 8 3 2 6 15 11 3 574 8 7 43 15 7 1 3 10 53 2 5 11 0 3 6 0 0 170 2 0 708 15 0 454 6 6 10 16 0 39 6 10 208 17 7 334 11 7 6 11 11 95 12 2 1,553 2 8 3 2 6 15 11 3 574 8 7 43 15 7 1 3 10 2,043 8 8 11 0 3 6 0 0 170 2 0 708 15 0 454 6 6 7,779 12 6 39 6 10 208 17 7 334 11 7 311,472 13 9 29 9 7 6,692 13 9 3,722 5 6 681 8 6 7,768 16 6 3,484 15 2 10,248 17 2 2,428 14 1 108 2 2 122 14 4 122 14 4 633 0 8 8 5 3 3 9 0 8,608 15 0 12,239 13 8 4,765 6 3 70 1 3 121 12 11 34 11 11 8,678 16 3 12,361 6 7 4,799 18 2 166,055 7 0 299,489 0 10 10,875 9 8 Unauthorised — Ardgowan Estate Albury „ .. .. .. .. 120 Elsthorpe „ .. .. .. . ■ 550 Opouriao „ 670 120 0 0 550 0 0 I 0 I 0 I 0 0 0 0 342 1 95 I 438 342 12 10 12 10 10 5 3 3 310,364 10 6 95 10 5 670 0 0 438 3 3 1,108 3 3 Debentures matured 31st March, 1897, and reissued 8,090 0 0 1,357 11 9 Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government— In the Colony 3,751 9 2 963 2 7 4,714 11 9 Totals £169,824 15 1 £326,976 11 3

8.—5

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION

12

1895-96. RECEIPTS. 1896-97, £ s. a. £ s. d. £• s. d. 350 4 2 3,839 5 6 Balance at beginning of Year, — In the hands of Stock Agents— Cash .. .. .. .. .. .. .. £1,054 10 5 3J-per-cent. Inscribed Stock 1,054 10 5 4,189 9 8 36,177 17 8 In the hands of the Agent-General— 3J-per cent, Inscribed Stock 61,017 3 2 40,367 7 4 173 18 6 Less cash overdrawn .. 62,071 IS 7 1,595 5 3 60,476 8 4 40,193 8 10 3J-per-cent. Inscribed Stock, — Issued for redemption of Debentures .. .. Issued in exchange for Debentures 118,000 0 0 704,570 0 0 30,271 0 0 ■<n 97i n n 822,570 0 0 OU , ii ( -L U U 3-per-cent. Inscribed Stock, — Issued in exchange for debentures .. 26,620 0 0 Stock (Colonial issue), — Issued under "The Consolidated Stock Act, 1884," for conversion of debentures 478,300 0 0 464 0 6 In reduction of Conversion Expenses,— Premium on sale of Inscribed Stock sold above par 3,012 1 9 Suspense Account, — " The Consolidated Stock Act, 1884,"— Debentures outstanding now written off 53,400 0 0 Totals £1,394,927 9 4 £120,379 10 1

B.— 5.

ACCOUNT for the Year ended 31st March, 1897, compared with the Financial Year ended 31st March, 1896.

13

189' 1-97. £ s. d. Original Amount Rate. jj*Sk °s£,ck! d £ s. d. £ s. d. Debentures converted into £ £ £ £ £ Inscribed Stock, — Consolidated Loan Act, 1867 .. .. 15,900 104 636 16,536 1,900 103 57 1,957 « ir\n 109. .i r,s 8 sfia £ £ £ £ £ 63,195 0 0 15,S00 1,900 8,400 104 103 102 636 57 ■ 168 16,536 1,957 8,568 28,417 0 0 S,4UO lUX ■ 11>0 S,OOS ! 26,200 New Zealand Loan Act, 1863 (1914) .. 1,400 111 154 1,554 ■ 26,200 1,400 111 154 1,554 27,061 0 0 Otago Loan Act, 1862, due 1st July, 1898 .. .. .. .. 1,600 103J 56 1,656 1,554 0 0 30,271 0 0 2,650 0 0 1,600 103J 56 1,656 1,656 0 0 1,000 0 0 District Railways Purchasing Act, 1885, due 1st April, 1905 ' .. . . 109,308 0 0 Consolidated Stock Act, 1884 (Colonial! issue), due 28th November, 1895.. .. 500,000 0 0 Bank of New Zealand and Banking Act, 1895, due 31st December, 1896 29,200 1,071 •• ■■ 1,071 704,570 0 0 29,200 Debentures converted into 3-per-cent. Stock at £110, — Land for Settlements Act, 1894, due 30th April, 1926.. Premium on same 24,200 0 0 2,420 0 0 26,620 0 0 44,656 0 0 50,000 0 0 Debentures redeemed, — Auckland Loan Act, 1863, due 1st June, 1896 .. .. . • • • • Consolidated Loan Act, 1867 Cheviot Estate Payment Act, 1893, due 18th October, 1900 16,200 0 0 42,586 0 0 58,786 0 0 94,656 0 0 Debentures converted into 3J-per-cent. Stock under the Consolidated Stock Act, 1884 (Colonial issue), — Government Loans to Local Bodies Act, 1886, due 1st March, 1896 .. Nelson Loan Act, 1874, due 23rd March, 1896 463,300 0 0 15,000 0 0 478,300 0 0 Debentures converted into 4-per-cent. Stock, — Balance of £4,214,100 5 per cent, converted 15th April, 1892 (debentures not handed in at the time) 53,400 0 0 Expenses Account, — Brokerage and Commission Stamp Duty Interest (including overlap of interest) Office Expenses Printing and Advertising Miscellaneous 54 10 37 11 0 3 214 5 0 953 13 9 1,729 7 3 307 15 0 54 10 0 1,337 11 3 1,044 9 2 329 8 9 363 10 6 44 9 29 8 63 10 03 10 2 9 i 6 i 6 3,129 9 8 320 0 0 3,525 1 0 Dr. 1,595 5 3 Balance at end of Year, —■ Cash in the Public Account In the hands of Stock Agents : Cash .. In the hands of the Agent-General : 3J-per-cent. Inscribed Stock .. .. .. 1,103 10 6 69 9 I 11 1,573 0 5 1,054 10 5 469 9 11 61,017 3 2 60,476 8 4 Totals £1,394,927 9 4 £120,379 10 1

8.—5

14

STATEMENT of the RECEIPTS and EXPENDITURE of the LOANS TO LOCAL BODIES

£ s. d. 290 8 0 Balance at beginning of Year, — Cash in the Public Account £ s. d. £ s. d. 858 13 7 The Government Loans to Local Bodies Act, 1886, — Debentures created 93,800 0 0 105.500 0 0 135 11 7 Repayments under section 8 of " The Government Loans to Local Bodies Act Amendment Act, 1896," — Horowhenua County Patea County Stratford County Wairarapa North County Parihaka Road Board Manawatu Road Board Manganui Road Board 78 1 11 1,711 13 1 500 0 0 150 0 0 55 0 0 107 14 0 243 5 7 2,494 15 0 Refund of amount paid under section 2 of " The Government Loans to Local Bodies Act Amendment Act, 1891," — Coonoor Block 131 0 0 Total* !106,164 13 7 £97,153 8 7

8.—5.

ACCOUNT for the Year ended 31st March, 1897, compared with the Financial Year ended 31st March, 1896.

15

1895-96. EXPENDITURE. £ s. d. Grants to — Counties — Bruce Clifton Collingwood Cook Hawera Horowhenua Hutt Kiwitea Manawatu Pahiatua Patea Pohangina Rangitikei Stratford Waipawa Wairarapa North Wairoa Waitotara Waitaki £ s. d. 1,225 0 0 3,046 0 0 3,190 0 0 1,550 0 0 730 0 0 6,000 0 0 1,150 0 0 5,733 0 0 1,760 0 0 4,701 0 0 2,412 0 0 3,868 0 0 175 0 0 1,360 0 0 50 0 0 700 0 0 1,000 0 0 £ s. d. £ s. d, 15 0 0 340 0 0 200 0 0 3,373 0 0 2,400 0 0 800 0 0 497 0 0 6,000 0 0 1,923 0 0 2,988 0 0 1,000 0 0 6,000 0 0 2,531 0 0 5,867 0 0 1,750 0 0 1,559 0 0 2,340 0 0 1,600 0 0 600 0 0 1,225 0 0 3,046 0 0 3,190 0 0 1,550 0 0 730 0 0 6,000 0 0 1,150 0 0 5,733 0 0 1,760 0 0 4,701 0 0 2,412 0 0 3,868 0 0 175 0 0 1,360 0 0 50 0 0 700 0 0 1,000 0 0 41,783 0 0 38,650 0 1,400 0 0 1,650 0 0 3,000 0 0 56 0 0 800 0 0 200 0 0 350 0 0 365 0 0 1,401 0 0 1,662 0 0 350 0 0 1,000 0 0 2,670 0 0 Road Boards— Arai Arch Hill Harrington Eketahuna Peatherston Fitzherbert Frankley Kaiti Makara Manawatu Manchester Manganui Masterton Mauku Mauriceville Moa Otaki Parihaka Taratahi-Carterton Tβ Horo Turanga Upper Tauera Upper Wangaehu Waimate Whataupoko Wirokino 100 0 0 1,800 0 0 2,558 0 0 300 0 0 2,500 0 0 610 0 0 165 0 0 1,970 0 0 1,778 0 0 '.'. 100 0 0 1,030 0 0 2,890 0 0 290 0 0 1,055 0 0 670 0 0 50 0 0 388 0 0 1,772 0 0 100 0 0 1,800 0 0 2,558 0 0 300 0 0 2,500 0 0 610 0 0 165 0 0 1,970 0 0 1,778 0 0 600 0 0 180 0 0 987 0 0 500 0 0 100 0 0 1,030 0 0 2,890 0 0 290 0 0 1,055 0 0 670 0 0 50 0 0 388 0 0 550 0 0 1,332 0 0 3,000 0 0 210 0 0 800 0 0 1,772 0 0 23,063 0 0 Boroughs— Peilding Kumara Pahiatua Patea Petone 395 0 0 160 0 0 300 0 0 .. - 2,000 0 0 20,026 0 0 800 0 0 200 0 0 395 0 0 160 0 0 300 0 0 2,000 0 0 2,000 0 0 2,855 0 0 3,000 0 0 Town Boards— Clyde Stratford 100 0 0 300 0 0 200 0 0 8 0 0 400 0 0 208 0 0 5,195 0 0 Drainage Boards— Aorangi Land Manawatu Land Otakia Sluggish River 570 0 0 3,000 0 0 200 0 0 280 0 0 4,050 0 0 1,400 0 0 6,595 0 0 600 0 0 River Board — Taradale Unauthorised — Pohangina County 152 0 0 66,133 0 0 75,249 0 0 30,057 0 0 Appropriations,— Vote 119.—Roads to open up Crown lands 31,016 18 6 858 13 7 Balance at end of year,— Cash in the Public Account 3 10 1 Totals £97,153 8 7 5106,164 13 7

B.—i>.

STATEMENT of the RECEIPTS and EXPENDITURE of the NEW ZEALAND CONSOLS

The Treasury, Wellington, 15tli April, 1897. Railway Receipts examined and found correct. T. RONAYNE, General Manager, New Zealand Railways. Customs Revbnce examined and found to agree with the Collectors' Cash-books. W. T. GLASGOW, Secretary and Inspector of Customs. Tebbitoeial Revenue Receipts examined and found correct. W. G. RUNCIE, Acting Auditor of Land Revenue.

16

£ s. a. 25 0 0 158,000 0 0 Balance at beginning of Year,— Cash in Deposit Account .. Investment Account s s. a. 90 0 0 161,300 0 0 £ s. a. 161,390 0 0 158,025 0 0 3,365 0 0 Deposits inscribed 136,015 0 0 Total £297,405 0 0 5161,390 0 0

8.—5.

ACCOUNT for the Year ended 31st March, 1897, compared with the Financial Year ended 31st March, 1896.

JAMBS B. HEYWOOD, Secretary to the Treasury. EOBERT J. COLLINS, Accountant to the Treasury. The foregoing accounts have been examined and found correct, except as regards the " Customs," " Eailways," and " Territorial Revenue " receipts, which are not now examined by the Audit Office. 3. K. WARBURTON, Controller and Auditor-General.

3—B. 5.

17

£ s. d. 90 0 0 161,300 0 0 Balance at end of Year, — Cash in Deposit Account.. Investment Account £ a. d. 5 0 0 297,400 0 0 £ s. a. 297,405 0 0 Totals ■ • • • £161,390 0 0 £297,405 0 0 • •

8.—5.

18

SUMMARY OF BALANCES ON 31st MARCH, 1897.

Approximate Cost of Paper. —Preparation, not given; printing (1,400 copies), £18 13s. 6d.

Price 9d.} By Authority : John Mackay, Government Printer, Wellington.—lB97.

Balances. Cash. Advances. Investments. Total. Consolidated Fund :— Ordinary Revenue Account State Forests Account Accounts of Local Bodies Deposit Accounts £ s. d. 1,084,286 4 3 11,224 5 6 10,154 6 3 115,111 9 3 £ s. a. Consolidated Fund :— Ordinary Revenue Account State Forests Account.. Accounts of Local Bodies Deposit Accounts £ s. a. 632,305 17 0 11,036 4 9 9,885 4 9 80,000 5 6 £ s. a. 47,280 7 3 188 0 9 269 1 6 35,111 3 9 £ s. a. 404,700 0 0 £ s. d. 1,084,286 4 3' 11,224 5 6 10,154 6 3 115,111 9 3 1,220,776 5 3 1,220,776 5 3 Public Works Fund :— Part I. 733,227 12 0 82,848 13 3 404,700 0 0 Public Works Fund :— Part I. 157,362 12 3 63,642 13 10 23,719 18 5 70,000 0 0 157,362 12 3 Cheviot Estate Account Land for Settlements Account .. Lands Improvement Account Native Lands Purchase Account Conversion Account Loans to Local Bodies Account New Zealand Consols Account.. Remittances to London Account 380 7 5 4,714 11 9 136,573 3 10 95,222 15 2 1,573 0 5 3 10 1 297,405 0 0 1,005,000 0 0 Cheviot Estate Account Land for Settlements Account.. Lands Impbovement Account Native Lands Purchase Account Conversion Account Loans to Local Bodies Account New Zealand Consols Account .. Remittances to London Account 55 16 8 3,751 9 2 130,130 5 11 93,959 12 1 1,103 10 6 3 10 1 5 0 0 Cr.1,005,000 0 0! 324 10 9 963 2 7 6,442 17 11 1,263 3 1 469 9 11 380 7 5 4,714 11 9 136,573 3 10 95,222 15 2 1,573 0 5 3 10 1 297,405 0 0 1,005,000 0 0 297,400 0 0 Gr. Dr. Totals £909,011 6 2 Totals .. £20,879 10 3 £116,031 15 11 £772,100 0 0 £909,011 6 2 * Against this, Treasury bills amounting to £730,000 are outstanding.

By Quiesty the Queen.

INDEX.

Page Prefatory .. .. .. .. 1 Financial Results, 1896-97 .. .. .. ii Receipts during 1896-97 .. .. .. ii Expenditure during 1896-97 .. .. ili Statement of the Receipts and Expenditure of the Revenue Account for the Year ended 31st March, 1897, compared with the Financial Year ended 31st March, 1896 .. .. iv The Million Loan under " The Aid to Public Works and Land Settlement Act, 1896" .. .. vi The Public Works Fund .. .. .. vii The Lands Improvement Account .. .. vii The Native Lands Purchase Account .. .. vii Ways and Means of the Loan Accounts .. vii The Cheviot Estate Account .. .. viii The Land for Settlements Account .. .. viii The Conversion Account .. .. .. viii The Loans to Local Bodies Account .. .. viii The New Zealand Consols Account .. .. ix The Public Debt .. .. .. ix Railways .. .. .. .. xi Railway Construction .. .. .. xft Light Railways .. .. .. .. xii Midland Railway .. .. xii Aid to the Public Works Fund .. .. xiii Native Land Purchases .. .. .. xiv Land- and Income-tax .. .. .. xv Advances to Settlers Office.. .. .. xv The Public Trust Office .. .. xv

Paga Department of Agriculture.. .. .. xvi Rhea or Ramie Plant .. .. .. xvii Ordinary Land Settlement and Roading, &c. .. xvii Land-for-Settlements Operations .. .. xviii Department of Labour .. .. .. xix Gold-mining Industry .. .. .. xix Old-age Pensions .. .. xx Post-Office Savings-Bank .. .. xx Government Insurance Department .. .. xxi Valuation Department .. .. .. xxi Forests and Forestry .. .. .. xxii Beet-root Sugar.. .. .. .. xxiii Dairying and Frozen-meat Industry .. .. xxiv Commerce and Trade with the Islands .. xxiv Freights .. .. .. .. xxv Ocean Mail-services .. .. .. xxvi Suggested Eastern Service .. .. .. xxviii Business Agents for the Colony .. .. xxix Education .. .. .. .. xxix Conference of Premiers at Hobart .. .. xxx Conference with the Secretary of State for the Colonies .. .. .. .. xxxii Finance of 1897-98 .. .. .. xxxiii Estimated Results at the Close of the Year 1897-98 xxxvi Separate Accounts .. .. .. xxxvi What the Census discloses .. .. .. xxxvi The Progress of the Colony .. .. xxxvii Conclusion .. .. .. .. xxxix