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8.—15 a.

Session 11. 1906. NEW ZEALAND.

ASSETS REALISATION BOARD: BALANCE-SHEET FOR THE YEAR ENDED 31st MARCH, 1906, STATEMENTS OF REALISATIONS, RECEIPTS AND EXPENDITURE, AND GENERAL MANAGER'S REPORT ON OPERATIONS FOR THE YEAR.

Laid before both Houses of the General Assembly, in -pursuance of " The Bank of New Zealand and Banking Act, 1896," and its amendments.

GENBEAL MANAGER'S ANNUAL EEPOET FOE YEAE ENDING 31st MARCH, 1906. (No. 12/4.) Wellington, 15th August, 1906. I have the honour to report upon the business of the Board for the twelve months ending the 31st March, 1906. B The aggregate sales for the year show improvement on those of 1905 by over £69,998, and this notwithstanding that naturally our remaining country lands do not offer as good a selection as hitherto. Markets for stock and produce of all descriptions have ruled steadily high, to the very considerable enhancement of our earnings. Taking into account the statutory £50,000 received from the bank, the surplus for the year, after providing debenture interest, amounts to £32,053, to which must be added the bank's surplus profits paid over £152,910. Summarised, the position is as follows :— £ s. d. £ a. <i. Balance of profit on stations ... ... 18,672 9 5 Prom sundry properties ... ... ... 17,871 6 3 From payments by Bank of New Zealand ... 202,910 1110 Balance, 1905 ... ... ... ... 147,081 16 7 386,536 4 1 Less balance 1905, transferred to Realisation Adjustment Account ... ... 147,081 16 7 „ debenture interest ... ... ... 42,176 10 10 „ land and income tax ... ... 8,127 8 9 „ charges, &c. ... ... ... 7,669 6 8 205,055 2 10 Land and income tax paid 1905-6 on account of debenture-holders refunded by Bank ... 3,482 1 5 201,573 1 5 Balance ... ... ... ... £184,963 2 8 The following statement will show the comparative returns each year since realisation commenced:— 1896. 1897. 1898. 1899. 1900. 1901. 1902. 1903. 1904. 1905 1906 £ £ £ ££££££££ Station properties 58,493 56,336 48,296 42,841 87,455 63,019 21,927 38,524 41,296 21 060 18 672 Sundry properties 6,295 6,897 6,659 . 7,031 6,822 10,907 10,962 10,799 13,510 16,821 13^801 showing approximately an average earning for the period 1895 to 1906 as follows: — For Year to 31st March, On On 1906, on latest Boob Cost. my Valuation. Government Valuation (plus Stock). Station properties ... 333 per cent. 5-53 per cent. 4-88 per cent. Sundry properties ... 2-45 „ 3-77 „ 297 „

2

8.—15 a.

Statutoby Payments by Bank of New Zealand. The statutory payments of £50,000 have been duly received, the amount accrued due at Slst M_2h 1905 having been paid on the Ist April, 1905, together with a further £152,910 as ti!Z™ tVw, 16th June 1905 The £50,000 due on the 31st March last was paid on the 2ndTprit and a further £170,847 has 'since been received. The total payments by the bank to date are £996,360. Debentuke Intekest. Debenture interest, amounting to £42,176, has been paid, and provided for from revenue as under: — _ £ From surplus 1905-6 ... ... ••• ■■■ ••• sn'nnn Statutory payment by Bank of New Zealand 1905 -,^'qin Add additional payment by Bank of New Zealand ... ••• 10Z - alu 227,139 , • i „ f . ... 184,963 leaving a surplus of ... ... _ ••• ■•• ••• which is to be carried to Realisation Adjustment Account to provide for deficiencies on realisations. Add bank payment for 1906 of 5U ' UUU to carry forward. Realisations. Sales to the extent of £183,785 have been made during the year, as compared with £113,787 the previous year, viz.:— igo4 _ g 19056 Country lands . - 83?657 177?8M Town lands 2 - 695 6 4 31 86,252 183,785 Stock, implements, k, sold on properties finally realised 27,5d5 - £113,787 £183,785 The proportion of sales to book cost (£2,731,706) is 56-65 per cent., and to land-tax valuation, plus 10 per cent, for sundry properties and my valuation for station properties, which together pcSd P rB9s- n i9o6 (mcluding stock) total £1,547,600, as follows :- Deficiency on Book Cost (including Book Cost. Realisation Expenses, &c). Sales of properties finally realised £ £ £ 1895-1906 (includingstock) ... 740,294 337,888 1,078,182 Properties partially realised, 1895--1906 ... 807,306 £1,547,600 The localities of the sales made are as follows :— „ „ Town Suburban Estates. Farms. Sections. Properties. £ ££&- ::: " 3 S 7 S *S ::: S?:SS ! a « » ... %X Malborough- ... 1 9 65 6 ... 66,883 Wellington 2 18 37 1 ... 173,839 1,431,048 Proceeds realisation of sundry assets ... ... im'ftn? Stock sales on properties finally closed ... ... • ll>'.»u< £1,547,600 Station Pbopeeties. Comparison of Actual Profits for Eleven Years, Stations sold during that Period being omitted. v Q „,.»-n,Un<* Actual Profit. Percentage Percentage J. c "3 £ on Book Cost. on my Valuation. IRQfT •••' 16 . 195 1-51 4 2 9 ISO 7 ... 30,852 2-90 8-17 iqqq '" . ... 22,423 2-10 5-94 Ihqo '" 36,031 3-40 9-54 Iqoo 32,956 3-25 8-73 iqoi 44,390 4-33 11-76 jqOQ " 17,053 1-86 4-51 Toaq " 33,891 3-82 897 !qO4 "" ' 20,741 2-54 5-49 Tqos 17,598 2-30 4*66 __ ;:: ... 15,174 2-37 Average £2~671i~9 2-76 7-10

B>.—lsa'/

The estates sold during the year comprise :— Part of Fencourt Estates .-.. ... ... ... ... 15,817 acres. „ Lockerbie Estate ... ... ... ... ... 6,599 „ „ Mangatoro Estate... ... ... ... ... 5,142 „ „ Paparamu Estate ... ... ... ... ... 3,128 „ „ Richmond Downs Estate ... ... ... ... 595 „ „ Waimana Estate ... . . ... ... ... 56 „ „ Awatere Estate ... ... ... ... ... 238 „ 31,575 acres.

Comparison of Operations, 1905 with 1906.

Value of frozen meat for 1906 is estimated.

3

Grassing. Oats. J Maize. Year. Rape. I With Plough. _ a , \ Equal - Surface - Acres. Yield. per . ,.„,. ! Renew- sown " Acre. 1st Time. . ! Turnips. Acres. Yield. Equal per Acre. 1905 1906 Acres. 3,825 757 Acres. 6,174 3,544 Aores. 1,381 468 Acres. 4,334 4,465 Acres. 2,095 1,038 791 316 Bushels. 9,060 7,895 Bushels. Hi 25 30 25 Bushels. 1,050 Bushels. 35 Increase ... Decrease ... 3,068 2,630 913 131 1,057 ! 475. 1,165 18£ "5 1,050 35 Ye .r. Draining. B ishfelling. Clearing. Pern Fencing. 1905 ... 1906 ... Cnains. 265 311 Acres. 199 73 Acres. 914 710 Chains. 887 1,890 Increase Decrease 46 204 1,003 126 WOEKING-EXPBNSBS. Renewing pastures Implements, depreciation Cost of turniping ... Rent and grazing ... Rabbiting General expenses, repairs, wages, rates and taxes, feed, rape, and stores 1905. £ 7,541 1,304 10,944 967 1,101 17,143 1906. £ 6,161 358 7,561 605 620 16,174 Permanent improvements ... 39,000 8,340 31,479 2,072 £47,340 £33,551 Stock Sales. Comparison of sales for two years ending 31st March, 1906 :— Sheep. Year. Number sold. Net Proceeds. Average. Number Net Average Total frozen. Proceeds. 8 ' disposed of. Net Proceeds. Average. 1905... 1906... 21,731 28,118 £ 17,444 22,865 £ s. d. 0 16 0 L. 11,504 0 16 3 L. 8,242 £ £ s. 8,201 0 14 4,688 0 11 d. 3 4 33,235 36,360 £ 25,645 27,553 £ s. d. 0 15 5 0 15 1 Cattle. 1905... 1906... 2,208 11,384 5 3 2,872 13,042 4 10 1 9 I I 2,208 11,384 5 3 2,872 13,042 4 10 1 9

8.—15 a.

Stock on Hand and Valuation at 31st March, 1906. Sheep.

4

1905. 1906. Number on Hand. Valuation. Average. Number on T , , .. Hand. Valuation. Average. North Island— Waikato Other estates 40,433 11,744 £ 30,022 8,991 £ s. d. 0 14 10 0 15 3 31,401 9,775 £ 24,350 7,137 £ b. 0 15 0 14 a. 6 7 South Island 52,177 41,921 39,013 29,669 0 14 11 0 14 2 41,176 41,865 31,487 25,710 0 15 0 12 3 3 94,098 '68,682 0 14 7 83,041 57,197 0 13 9 ■attle. North Island — Waikato Other estates 6,733 1,243 27,151 4,534 4 0 7 3 12 11 5,388 1,397 20,827 4,717 3 17 3 7 3 6 South Island 7,976 34 31,685 106 3 19 3 2 4 4 6,785 25 25,544 56 3 15 2 5 3 4 8,010 31,791 3 19 4 6,810 25,600 3 15 2 i-CLIP. 1905. 1906. Number. Average per Fleece. Number. Average per Fleece. Sheep shorn 81,567 lb. oz. 8 1 Sheep shorn I T 70,390 lb. oz. 7 10 Net Ebtubn foe Twi Yeabs. 1905. 1906. „ , ,„ . , , Net Eeturn Net We.ght. at port of SMpment Average per lb. Net Weight, Estimated Net Beturn at Port of Shipment. Average per lb. Greasy Scoured lb. 572,496 48,280 £ 25,594 2,761 d. 10-72 13-72 lb. 490,466 46,678 £ 22,356 2,107 d. 10-93 10-83 Lam: iING. 1905. 1906. Ewes to Bam. Lambs bred. j Percentage. Ewes to Bam. Lambs bred. Percentage. 40,349 34,250 85 37,891 30,865 81-45

8.—15 a.

Mortality.

The greatest care and attention has throughout been given to the maintenance of the properties we are working in the best possible condition for settlement in small areas, and throughout, hardly without exception, our purchasers are doing well, obligations for instalments of purchase-money and interest being well met at maturity. Waltee G. Fostbe, General Manager.

I, William Callendeb, the Auditor appointed under " The Bank of New Zealand and Banking Act, 1895," to audit the accounts of the Assets Realisation Board, do hereby certify :— 1. That I have carefully examined the attached balance-sheet marked " A " and initialled by me, and the attached statement marked " B " and initialled by me, and the accounts and other material whereon the same are based. 2. That the said balance-sheet and statement are correct in every particular, and truly and fully set forth the position of the Board at the date thereof, subject to the following observations: (a) All assets in the shape of landed property are taken at book value ; (b) live and dead stock on the General Manager's valuation ; (c) the amount shown to credit of Profit and Loss Account is not a cash balance, but is to a certain extent an adjustment of stock and produce values to correspond with market prices of the day. It also includes statutory payments received from the Bank of New Zealand, and is held as a set-off against deficiencies on realisations as explained by footnote on statement marked "B." W. Callendee, Wellington, sth July, 1906. Chief Auditor

A.—Balance-sheet at 31st Maboh, 1906.

Liabilities. New debentures issued £ s. d. £ s. d. in terms of " The Bank of New Zealand Act, 1903 " .. 1,800,000 0 0 Sinoe redeemed .. 775,000 0 0 1,025,000 0 0 Produoe Advance Aooount, — Drafts drawn against shipments .. 27,564 0 0 Bank of New Zealand, — Including station overdrafts and credits .. .. .. 57,656 5 5 Bealisation Adjustment Acoount .. 87,657 11 10 Sundry liabilities .. .. .. 282 16 0 Profit and Loss Account .. .. 184,963 2 8 £1,383,123 15 11

I Assets. £ s. d. £ s. d. Stations .. 669,294 6 10 Other freeholds .. 142,599 13 0 Other properties .. 114,647 6 5 Amount paid in exoess of Mr. Hean's valuation .. 54,507 0 0 981,048 5 3 Balances due by purchasers.. .. 370,266 13 7 Acorued Revenue Acoount .. .. 3,569 211 Cash Account .. .. .. 46 4 9 Sundry Assets .. .. .. 629 9 5 Produoe Consignment Aooount .. 27,564 0 0 £1,383,123 15 11

We hereby certify that we have carefully examined the foregoing balanoe-sheet and statement, and also the aooounts and other material whereon they are based, and that such balanoe-sheet and statement are oorrect in every particular, and truly and fully set forth the position of the Board at the date thereof.

W. 0. Cuff, Acoountant, Geo. Todd, Chairman. Wellington, 25th June, 1906. W. C. Walter G. Foster General Manager.

5

Sh, ;ep. Gα, Me. 1905. 1906. 1905. 1906. Dead or Missing. Per Gent. Dead or Missing. Per Cent. Dead or Missing. Per Cent. Dead or Missing. Per Cent. 9,523 8-84 4,205 4-28 396 i 4-85 265 3-31 I

8.—15 a.

B.—Profit and Loss Account for Twelve Months ending 31st March, 1906.

Statement of Receipts and Expenditure for the Year ending 31st March, 1906.

6

£ s. d. Transfer to Realisation Adjustment Aocount .. ■• •• •• 16 7 Land and income tax .. £8,127 8 9 General oharges .. 3,599 2 1 £ s. u. Balance, 31st March, 1905 .. .. 147,08116 7 Net profit on stations .. .. 18,672 9 5 Revenue from freeholds and other properties,— Rent .. •• £493 7 6 Interest .. •• 14,797 12 5 11,726 10 10 Less land and inoome tax paid 1905 and 1906 on account of debentureholders refunded by thebank .. .. _3 1 482_1_5 g & Interest on debentures .. •• 42,176 10 10 Revenue accrued—Reversal entry, 31st March, 1905 4,070 4 7 Balance 184,963 2 8 15,290 19 11 Deduct expenditure on account of properties .. 990 7 11 r 14,300 12 0 Revenue accrued .. .. •• 3,569 2 11 Exchange Account .. .. ■ • 1 11 4 Bank of New Zealand, — Payment in terms of Act £50,000 0 0 Additional payment .. 152,910 11 10 202,910 11 10 £386,536 4 1 £386,536 4 1 The balance of £184,963 2s. 8d. here shown represents the balance of the statutory payments by the bank after providing for debenture interest, and will be transferred to the Realisation Adjustment Account as at the 1st April. The relative cash has been applied to the redemption of debentures. Contingent Asset. Amount outstanding at 31st March, 1906, £ s. d. and due by Bank of New Zealand .. 50,000 0 0 Amounts previously received under this ■ bead .. 500,000 0 0 Additional payment for 1902 .. .. 101,135 0 0 1903 .. .. 116,782 8 4 1904 .. .. 125,532 1 8 1905 .. .. 152,910 11 10 £996,360 1 10 W. 0. Cuff, Aocountant. G. T. W. G. P. W.C.

Recei ipts. Expenc liture. Capital. Properties sold and purchased ... Live-stock and implements sold and purchased Redemption of debentures Permanent improvements £ s. d. 147,732 3 3 69,610 12 7 £ s. d. £ s. d. 375 12 10 33,257 4 5 £ s. d. 217,342 15 10 357,500 0 0 3,601 15 6 394,734 12 9 General. Interest account Interest on debentures ... Exchange Rent ••■ ••• Payments by Bank of New Zealand Maintenance of properties Realisation expenses and members' t ra veiling-expenses Charges Petty cash Sundry receipts 14,802 2 5 5 12 9 407 13 10 202,910 11 10 15 12 6 42,176 10 10 3 12 1,244" 3 11 2,399 2 5 • 58,290 1 5 75 4 11 4,123 4 3 12,371 10 7 80 0 0 276 19 3 222,601 9 3 ! Stations. Wool and other produce Rent, &c. Wages Repairs Rates and taxes Cost of growing turnips (stock-feed) Renewing pastures for grassing ... Rabbiting Manure Creamery and cheese-factory Grazing Stores and fuel Sundry disbursements ... 39,034 18 0 326 12 3 5,003 8 8 1,183 12 11 10,540 2 0 1,378 17 5 1,547 0 5 2,761 7 8 6,302 14 6 143 12 3 4,668 14 0 647 11 8 151 19 11 730 14 10 1,808 7 7 - 36,868 3 10 906 18 11 40,268 9 9,680 3 2 9 Balance 1489,892 18 0; J489.892 18 0 W. C. Cuff, Accountant.

8.—15 a.

Realisations for Twelve Months ending 31st March, 1906.

7

Property. Area. Sale Price. Surplus. Deficiency. : Book Cost. ;and-tax, plus 10 per Cent. Properties finally realised. Auckland— Beerescourt Estate (purchase-money, £1,500; £200 paid last year on aooount of dwelling destroyed by fire) Sections 87, 88, 89, Henderson Township Seotion 86, „ » Sections Y5 and 79, Part Section Matanuku No. 3 .. Part Block Waotu C, No. 1 (two-thirds interest in 30 acres) Kohatu-Papanui, Block 2546a Part Allotment 4, Maramarua Christehurch — Part Rural Section 79, Christohurch Lyttelton— Part Seotion 7, Norwich Quay Timaru— Rural Seotion 32642, Burke District Dunedin— Hal! Interest Waverley Estate A. E. P. 300 0 0 0 3 0 0 10 0 2 20-4 252 2 12 20 0 0 400 0 0 700 0 0 £ S. d. 1,300 0 0 30 0 0 10 0 0 24 0 0 157 17 3 20 0 0 400 0 0 500 0 0 I £ s. d. 10 16 6 31 17 3 £ s. d. 930 0 6 i"i 0 £ s. d. 2,230 0 6 53 3 6 126 0 0 24 7 0 800 0 0 1,327 0 0 £ 8. d. 2,174 0 0 110 0 0 330 0 0 770 0 0 400 0 0 827 0 0 0 0 16-9 150 0 0 123 10 2 26 9 10 110 0 0 0 0 13 600 0 0 400 0 0 1,000 0 0 770 0 0 650 0 0 325 0 0 325 0 0 650 0 0 357 0 0 84 0 25 2,690 4 6 2,449 15 6 5,140 0 0 3,185 0 0 Properties partially realised. Auckland — Sections 16 and 18, Waihou Township .. Section 19 of 6a, Waipareira 23 „ 6a, 24 „ 6a, Lot 20, Kirildriroa Eoads iti Huntly Township Lots 34-37, Three Kings Estate Lots 57-60, Three Kings Estate Lot 57, Parish of Karangahake .. „ 21, Section 52, Surrey Hills Estate .. „ 22, „ 52, , 22, „ 38, „ 23, „ 38, „ 10, „ 14, . 18, „ 18, , 23, . 8, Lots 2 and 3, Section 15, Surrey Hills Estate Lot 11, Seotion 38, Surrey Hills Estate .. „ 22, „ 19, . 9, „ 70, „ 24, , 38, „ 17, , 19, Lots 1-5 and 17, Meadowbank Estate Lot 6, Meadowbank Estate ,,9, . 9a, Lots 10-12, Lot 20, . 21, .29, „ 30, .31, .37, ,38, Lots 50 ana 51, , . 54-56, Lot 57, .49, . 58, Seotion 22, Richmond Downs Estate . 19, •» 25, Sections 23 and 24, Richmond Downs Estate Part Section 19, Motumaoho No. 2, Lockerbie Estate Section 8a, Motumaoho No. 2, Lockerbie Estate Part Section 7 and Section 8, Hangawera Estate Sections 1 and 2, Hangawera Estate Section 1, Kuranui Estate Sections 157 and 166, Morrinsville Section 26, Morrinsville Sections 158 and 165, Morrinsville „ 81 and 111, Morrinsville 23-25, 36-39, Morrinsville Section 65, Morrinsville „ 14, Waitoa 6, Q 0 0 24 57 0 32 59 1 3 58 0 10 50 0 0 2 0 0 2 0 0 87 0 0 40' frontage 40' frontage 38-6 x 132' 38-6 x 132' 40' x 115-6 52' x 115-6 40' x 115-6 80' x 115-6 38-6 x 132' 38-6 x 132' 38-6 x 132' 38-6 x 132' 40 s 115-6 14 2 0 2 2 31 2 0 0 2 0 28 7 0 29 8 0 20 2 3 26 2 1 16 2 0 0 12 5 3 0 0 3 3 16 12 0 0 18 0 0 6 0 0 12 0 0 6 0 0 111 2 16 147 0 0 110 3 20 225 2 13 20 0 0 85 16 0 88 18 0 87 2 0 36 11 3 10 0 0 300 0 0 330 0 0 108 15 0 100 0 0 100 0 0 105 17 6 105 17 6 120 0 0 143 0 0 1.30 0 0 220 0 0 96 5 0 115 10 0 100 0 0 105 17 6 120 0 0 2,190 0 0 527 19 6 280 0 0 228 7 6 1,697 1 3 609 7 6 320 7 6 178 12 0 100 0 0 93 8 1 675 0 0 231 0 0 1,260 0 0 1,350 0 0 660 0 0 600 0 0 660 0 0 558 0 0 735 0 0 554 7 6 1,177 15 6 20 0 0 628 0 11 5,966 13 0 2 111-6 170 0 0 1,803 0 8 5,182 2 9 4,121 2 24 37 0 0 10 0 0 2 0 10 0 0 2 25 3 2 6 0 0 35 161 3 1-4 134 Q 25 440 0 17 1,854 15 0 504 17 0 60 0 0 40 0 0 60 0 0 250 0 0 215 0 0 30 0 0 1,294 0 0 872 0 0 3,740 18 0 Carried forward 43,763 3 7 186 3 11 5,336 3 0 11,377 0 10

8.—15 a.

Realisations for Twelve Months ending 31st March, 1906— continued.

W. C. Cuff, Accountant. Approximate Oo»t of Paper.— Preparation, not given; printing (1,450 copies), £ 7 16s. By Authority: John Mackat, Government Printer, Wellington.—l9o6. Price 6d.]

8

Property. ' Area. Sale Price. Surplus. Deficiency. R „„v p... Land-tax, plus Book Cost. 10 p 6 r Cent. Brought forward A. R. P. £ s. d. 43,763 8 7 £ s. d. 186 3 11 £ s. d. 5,836 3 0 £ s. d. 11,377 0 10 £ s. d. Properties partially realised —continued. Auckland — continued. Sections 43-47, Waitoa „ 1-4 and 4a, Okoroire 20, 27, and part 21, Okoroire .. Seotion 23, Okoroire .. „ 47, Paeroa „ 16, Paparamu Sections 1-3, 8, and 9, Paparamu „ 17 and 18, Paparamu Section 40, Tirau . 33, » . 42 . 20, , Sections 35 and 36, Tirau Section 1, Okauia Part Section 6, Hunga Hunga 7, Mangawhero Estate Mangapouri Estate .. .. Sections 60-62 and 92-94, Morrinsville .. New Zealand Thames Valley Land Company—Dividend of £1 18s. per share on 25,128 shares Tauranga— Section 18, Waimana Estate Wellington— Mangatoro No. lA, No. 1 Marlborough— Part Section 2, Awatere Estate.. Dunedin — Sections 29 and 31, St. Clair Park Sundry— New Zealand Insuranoe Company, Waimana—Stable destroyed by fire Wellington Industrial Development Company—Increase in area, part Maraetai, 27 perches R. J. Johnston—Adjustment of area, Section 21, Waharoa, 2 acres 20 perches New Zealand Thames Valley Land Company—Exchange on remittances James Orr —Adjustment of area, Seotion 24a, Matamata, 43 acres 2 roods 25 perches B. Montague — Adjustment purchasemoney James Pickup—Adjustment of area, part Waharoa, 25 aores 3 roods 2 perches, at 15s. per acre John Anderson—Adjustment of area, part Albury, eroded by river Members' Travelling-expenses Acoount transferred Realised Estates Account transferred Realisation Expenses Account transferred, agents' commission, surveying, advertising, law-costs, travelling-expenses, &c. Amounts written off Improvement Suspense Accounts on account land sold to 31st March, 1906 :— Lockerbie Estate Mangatoro Estate.. Paparamu Estate Richmond Downs Estate Waimana Estate .. Awatere Estate Pencourt Estates 1,419 2 38 1,300 2 30 722 0 25 210 0 0 528 0 32 680 0 0 1,379 2 16 1,067 0 24 464 0 0 193 0 0 625 0 0 106 1 8 500 1 16 587 0 0 71 1 12 112 3 36 5,670 0 0 2,570 2 28 3 0 0 56 1 0 5,141 2 0 238 0 0 4 2 36 5,324 0 0 5,853 2 0 2,888 12 6 1,260 0 0 660 5 0 2,380 0 0 7,242 18 0 5,573 19 6 2,320 0 0 868 10 0 2,812 10 0 850 8 0 2,376 13 0 2,568 2 6 285 6 0 564 17 6 20,738 13 3 9,318 14 0 600 0 0 47,743 4 0 731 5 0 16,000 0 0 656 18 9 259 17 6 75 0 0 0 3 4 2 13 9 288 14 3 32 14 10 0 0 3 19 6 3 39 5 0 39 11 10 52 18 3 2,227 15 8 474 0 0 90 0 0 552 0 0 482 0 0 103 0 0 23 0 0 6,189 0 0 Totals .. Sale to E. Hume, Lots 4 and 5, Section 75, Surrey Hills, cancelled (£200, less deposit £30) 183,954 17 8 170 0 0 221 12 9 15,628 0 0 11,377 0 10 11,377 0 10 Totals 183,784 17 8 221 12 9 15,628 0 0 Summary— Properties finally realised Properties partially realised 6,207 1 9 177,577 15 11 Total .. ,183,784 17 8|

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Bibliographic details

ASSETS REALISATION BOARD: BALANCE-SHEET FOR THE YEAR ENDED 31st MARCH, 1906, STATEMENTS OF REALISATIONS, RECEIPTS AND EXPENDITURE, AND GENERAL MANAGER'S REPORT ON OPERATIONS FOR THE YEAR., Appendix to the Journals of the House of Representatives, 1906 Session II, B-15a

Word Count
3,696

ASSETS REALISATION BOARD: BALANCE-SHEET FOR THE YEAR ENDED 31st MARCH, 1906, STATEMENTS OF REALISATIONS, RECEIPTS AND EXPENDITURE, AND GENERAL MANAGER'S REPORT ON OPERATIONS FOR THE YEAR. Appendix to the Journals of the House of Representatives, 1906 Session II, B-15a

ASSETS REALISATION BOARD: BALANCE-SHEET FOR THE YEAR ENDED 31st MARCH, 1906, STATEMENTS OF REALISATIONS, RECEIPTS AND EXPENDITURE, AND GENERAL MANAGER'S REPORT ON OPERATIONS FOR THE YEAR. Appendix to the Journals of the House of Representatives, 1906 Session II, B-15a