ABSTRACT OF THE REVENUE AND EXPENDITURE OF THE PUBLIC ACCOUNT FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1908.

Appendix to the Journals of the House of Representatives, 1908 Session I, B-05

8.—5.

1908. NEW ZEALAND.

ABSTRACT OF THE REVENUE AND EXPENDITURE OF THE PUBLIC ACCOUNT FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1908.

Presented to both Houses of the General Assembly pursuant to Section 4 of " The Public Revenues Acts Amendment Act, 1896."

1— B. 5.

8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

2

1906-1907. RECEIPTS. 1907908. £ s. d. £ s. d. £ s. d. 1,405,531 4 9 37,749 1 1 43,828 18 9 718 8 7 966 16 11 Balanoe at beginning of Year, — Cash in the Public Account Advanoes in the hands of Officers of the Government, — In the Dominion In London On acoount of Imperial Pensions On account of other Governments 1,215,517 2 2 16,993 8 3 29,993 13 0 563 15 7 4,757 10 9 1,488,794 10 1 700,000 0 0 Less Treasury Bills outstanding 1,267,825 9 9 5=0,000 0 0 717,825 9 9 788,794 10 1 2,941,039 12 10 1,365,727 9 10 447,342 4 2 277,866 12 11 107,582 2 10 2,621,396 3 6 119,444 11 11 40,891 1 7 226,884 15 2 Ordinary Revenue, — Customs Stamps, including Postal and Telegraph Gash Receipts ... Land-tax Income-tax Beer Duty Railways Registration and other Pees .. .. .. .. .. Marine Miscellaneous 3,103,564 15 7 1,550,933 10 10 537,846 5 9 304,904 14 5 113,972 19 9 2,765,395 4 4 129,165 9 3 42,217 2 8 218,342 7 0 8,148,174 14 9 8,766,342 9 7 Territorial Revenue, — Cash Land Sales .. .. .. .. .. .. £45,233 3 0 Deferred-payment Land Sales .. .. .. .. 2,255 1 0 Pastoral Runs, Rents, and Miscellaneous .. .. .. 242,115 2 5 37,308 13 0 2,461 15 2 211,129 17 0 289,603 6 5 I 250,900 5 2 9,055,945 16 0 Sinking Funds set free, — Applicable to the redemption of debentures issued under— " The Immigration and Public Works Loan Aot, 1870 " " The Consolidated Stock Act, 1884 " 800,000 0 0 121,000 0 0 924,000 0 0 66,000 0 0 Debentures issued, — " The Consolidated Stock Act, 1884,"— In renewal of debentures matured 31st December, 1907 For Increases of Sinking Fund 385,500 0 0 385,500 0 0 13,873 3 7 8 8 2 Recoveries in respect of Expenditure of previous Years,— In respect of payments made on acoount of Cook Islands Refund of purchase-money of schooner " Countess of Ranfurly " Recoupment by Land for Settlements Account of interest paid on borrowed money In respeot of payments made on account of South Afrioa Contingents 801 11 3 3,000 0 0 4,241 9 2 8,043 0 5 13,881 11 9 Totals r £9,267,751 1 9 !£11,091,314 6 2

8.—5.

REVENUE ACCOUNT.

3

1906-1907. EXPENDITURE. 1907-1908. £ s. d. £ s. d. £ s. d. 37,543 0 7 2,172,092 7 9 319,721 10 3 83,777 3 4 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 — Payments under the Land Acts Payments under the Timber and Flax Royalties Act 35,690 17 8 2,187,419 0 0 357,221 8 10 90,135 17 2 24,834 0 8 18,386 0 8 32,512 14 9 22,706 18 7 3,618 3 11 15,256 5 0 49,065 7 8 313,825 14 1 Endowments— New Plymouth Harbour Board Greymouth Harbour Board Westport Harbour Board Old-age Pensions .. 3,718 5 10 19,788 19 10 54,391 3 5 325,036 2 6 3,038,119 13 11 3,128,621 8 7 20,894 15 5 43,779 16 4 617,268 19 5 44,004 15 5 5,250 14 6 1,849,456 18 1 32,712 19 6 25,860 8 8 42,954 19 6 34,366 7 10 21,210 10 7 141,465 4 2 146,062 8 6 34,814 16 5 164,747 8 3 3,026 14 11 152,764 15 8 48,921 10 5 61,699 6 0 16,249 0 11 165.559 18 11 125,408 18 5 30,171 10 4 785,988 15 4 26,276 10 3 91,398 5 3 4,489 9 1 Annual Appropriations,— Class I. —Legislative Departments II.—Department of Minister of Finance III.—Post and Telegraph Department IV.—Industries and Commeroe and Tourist and Health ReBorts Departments V.—Old-age Pensions Department .. „ VI.—Working Railways Department.. VII.—Publio Buildings and Domains .. „ VIII. —Maintenance of Roads.. IX.—Printing and Stationery Department X. —Stamp and Deeds Department .. XI. —Native Department .. .. .. .. .. . • • „ XII.—Justioe Department XIII. —Police Department XIV.—Mines Department XV. —Department of Internal Affairs XVI. —Crown Law Department „ XVII.—Defence Department .. , XVIII. —Customs Department XIX.—Marine and Harbours and Inspection of Machinery Departments .. XX.—Department of Labour XXI. —Department of Lands and Survey „ XXII.—Department of Agriculture „ XXIII. —Valuation Department .. „ XXIV.—Education Department „ XXV.—Public Health Department „ XXVI. —Mental Hospitals and Hospitals and Charitable Departments Services not provided for 29,788 13 11 56,832 5 3 707,136 1 10 54,536 8 10 5,765 15 3 1,963,227 15 2 47,475 19 6 19,207 14 4 46,261 4 7 37,963 6 0 24,656 5 11 149,241 9 5 157,856 19 1 34,470 0 5 114,799 16 5 4,340 3 7 176,426 2 4 49,511 19 5 76,629 19 5 29,047 10 7 172,825 16 11 136,041 8 3 33,096 5 11 821,423 2 0 33,252 18 11 99,395 4 8 4,133 3 3 5,085,343 11 2 4,736,805 18 1 775,000 0 0 Revenue transferred to the Public Works Fund 800,000 0 0 i Debentures redeemed, — " The Immigration and Publio Works Loan Act, 1870" matured 1st June, 1907 .. " The Consolidated Stock Act, 1884" due 31st December, 1907 800,000 0 0 124,000 0 0 924,000 0 0 Debentures renewed, — " The Consolidated Stock Aot, 1884,"— Debentures due 31st December, 1907, renewed as per oontra 385,500 0 0 1,215,517 2 2 Balanceat end of Year, — Cash in the Public Account Advances in the hands of Offioers of the Government — In the Dominion In London On account of Imperial Pensions On acoount of other Governments 1,080,094 0 1 16,993 8 3 29,993 13 0 563 15 7 4,757 10 9 13,080 16 6 69,609 18 0 619 5 7 4,445 6 3 1,267,825 9 9 550,000 0 0 Less Treasury Bills outstanding 1,167,849 6 5 400,000 0 0 767,849 6 5 717,825 9 9 Totals £11,091,314 6 2 £9,267,751 1 9

B.— i.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

4

1906-1907. RECEIPTS. 1907-1908. £ s. d. 700,000 0 0 £ s. d. £ s. d. 550,000 0 0 Treasury Bills outstanding at beginning of Year 700,000 0 0 Treasury Bills issued during Year, — In renewal of Bills falling due 31st December, 1907 550,000 0 0 £1,400,000 0 0 Totals £1,100,000 0 0 STATE FORESTS £ s. d. 20,488 5 6 489 10 0 Balance at beginning of Year, — Cash in the Public Account Advances in hands of Officers of the Government— In the Dominion £ s. d. 16,379 6 5 73 7 6 £ s. d. 16,452 13 11 20,977 15 6 1,842 1 1 18,584 0 3 Bents from Lands set apart Miscellaneous 3,083 1 5 15,174 18 10 18,258 0 3 20,426 1 4 £41,403 16 10 Totals £34,710 14 2 state coal- £ s. d. 101,298 3 3 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government — In the Dominion .. .. .. .... In London .. -..-.-; ... .. ..... £ s. d. 91,213 16 9 £ s. d. 3,704 1 0 1,876 15 2 4,613 7 5 106,878 19 5 95,827 4 2 161,214 1 10 Prooeeds of sale of coal 222,583 0 4 "The State Coal Mines Aot, 1901,"— Debentures matured 1st April, 1907, renewed under " The New Zealand Loans Act, 1904 " .. 100,000 0 0 Totals £268,093 1 3 £418,410 4 6 SCENERY PRESERVATION £ s. d. 2,7J?7 18 10 Balance at beginning of Year, — Cash in the Publio Account Advances in the hands of Officers of the Government— In the Dominion £ s. d. 3,678 2 0 £ s. d. 3,678 2 0 46 19 11 2,824 18 9 10,000 0 0 "The Scenery Preservation Act, 1903," — Proceeds of Debentures issued 10,000 0 0 Totals £12,824 18 9 £13,678 2 0

8.—6.

TREASURY BILLS ACCOUNT.

5

1906-1907. EXPENDITURE. 1907-1908. £ s. d. 700,000 0 0 150,000 0 0 Treasury Bills renewed during Year .. Treasury Bills paid off during Year £ a. d. 550,000 0 0 150,000 0 0 £ a. d. 700,000 0 0 850,000 0 0 400,000 0 0 550,000 0 0 Treasury Bills outstanding at end of Year £1,400,000 0 0 Totals £1,100,000 0 0 ACCOUNT. £ s. d. Annual Appropriation,— Vote 123—State Forests Branch £ s. d. £ s. d. 24,951 2 11 25,831 6 i 16,379 6 5 Balance at end of Year, — Cash in the Public Aocount Advanoes in the hands of Offioers of the Government— In the Dominion 8,487 9 4 8,879 7 10 73 7 6 391 18 6 16,452 13 11 Totals £41,403 16 10 £34,710 14 2 INES ACC UNT. £ s. d. 125,951 10 1 Annual Appropriation,— Vote 124—State Coal-mines .. .. £ s. d. £ s. d. 190,425 0 0 41,414 7 0 Expenditure under seotion 110 of " The Coal-mines Act, 1905 " .. 39,717 8 8 4,900 0 0 Interest on Debentures issued under " The State Coal-mines Aot, 1901 " .. 4,200 0 0 " The State Coal Mines Aot, 1901,"— Debentures matured, 1st April, 1907, paid off Debentures matured, 1st April, 1907, renewed as per contra 40,000 0 0 100,000 0 0 91,213 16 9 Balance at end of Year, — Cash in the Publio Aooount .. Advances in the hands of Offioers of the Government— In the Dominion .. .. .. .. .. .. 140,000 0 0 44,060 14 6 4,613 7 5 7 14 44,067 15 10 95,827 4 2 Totals £268,093 1 3 £418,410 4 6 ACCOUNT. £ s. d. 9,146 16 9 Annual Appropriation,— Vote 125—Scenery Preservation £ s. d. £ s. d. 5,484 7 1 3,678 2 0 Balance at end of Year, — Cash in the Publio Aocount Advanoes in the hands of Offioers of the Government — In the Dominion 8,182 18 11 8,193 14 11 10 16 0 3,678 2 0 Totals £12,824 18 9 £13,678 2 0 I

6

8.-5

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

1906-1907. RECEIPTS. 1907-1908. £ s. d. 10,934 13 1 Balance at beginning of Year, — Cash in the Publio Aocount Advances in the hands of Officers of the Government— In the Dominion £ s. d. 15,814 11 0 £ s. d. 75 10 3 88 5 9 15,902 16 9 11,010 3 4 8,259 4 2 18,853 15 4 18,558 9 5 29,728 11 9 Revenue reoeived for Local Bodies, — Fees, Fines, &c. Endowments of Land, &o... Goldfields Revenue .. .. .. • • .. • .. Gold Duty 8,940 12 10 22,070 19 2 18,247 13 6 30,684 17 10 79,944 3 4 75,400 0 8 161 9 3 Counties Separate Accounts, — Revenue of Counties in which " The Counties Act, 1886,"is not in full operation 146 13 5 Advance Account, — Amount repaid by Local Bodies Ditto on account of Unauthorised Expenditure of previous years 46,665 15 5 62 12 8 36,241 12 1 72 18 1 46,728 8 1 36,314 10 2 . £122,886 3 5 Totals .. .. .. £142,722 1 7 DEPOSIT £ s. d. 147,053 8 11 Balance at beginning of Year,— Cash in the Public Account Advanoes in the hands of Officers of the Government— In the Dominion In London .. .. .. • • • • .... £ s. d. 138,680 0 10 £ s. d. 2,272 9 7 58,444 16 9 131 3 2 61,129 16 0 199,941 0 0 207,770 15 3 47,298 19 8 50 0 0 824 5 6 278 3 9 66 12 3 400 0 0 • 74 8 4 946 3 4 81,199 2 2 107,940 9 3 1,283 19 3 9 10 6 11 5 0 158 2 0 47 9 3 155 8 8 205 3 6 ' 48 8 9 69 7 0 ", .1 79 6 9 46 8 3 164 10 0 98 12 3 187 12 6 35 13 0 1,173 2 6 - 97 10 0 7 10 0 47 0 0 Lodgments,— Emigrants' Deposits Fisheries Conservation Act, 1884, and Amendment Acts General Assembly Library Fund Greymouth Harbour Board Act, 1884, Special Coal Rate Account Hospitals and Charitable Institutions Acts, 1885-86 .. .. .. Imperial Government (South Africa Contingents) .. .. .. Land Transfer Act, 1885 .. • • • • : • • ,•■.,-,■ ; ■ . :• Maori Land Administration Suspense Aocount Maori Land Settlement Act, 1905 .. Mining Districts Land Occupation Act, 1894 .. Miscellaneous Money-order Settlement .. ■ • ■ • • .-.-• Moiety of Rotorua Bath Fees .. .. .. '.. •■ ,-• Native Township of Hokio .. .. • • • • • •"' '••".' „ Karewa „ Parata . Parawai .. • • • • ■ • , Pipiriki .. .. • • • • • • , Potaka .. , Rotoiti , Te Araroa Te Puia Te Puru Tokaanu , Tuatine „ Waipiro Nelson Rifle Prize Fund New Zealand International Exhibition New Zealand University Endowment, Canterbury New Zealand University Endowment, Westland North Island Experimental Dairy Sonool North Island Main Trunk Railway Loan Application Act 1886 Amendment Act, 1889 .. Publio Trust Office Remittance Account Railways Tauranga Educational Endowment Reserves Aot, 1896 .. .. Te Aroha Domain Board .. Thermal-springs Districts Act, 1881.. .. . ■ . • • • • • Trustees Act, 1883 .. .. Unclaimed New Zealand Bonds Westport Harbour Board Act, 1884, Speoial Coal Rate Aocount 35,220 3 9 7 15 3 75 0 0 895 6 1 7 17 6 1,359 12 0 I 7,019 13 5 990 13 7 149,500 10 4 146,174 2 6 1,311 18 10 12 11 0 7 0 0 86 0 8 48 7 0 176 15 8 163 17 6 27 8 9 70 0 6 55 15 0 17 10 6 174 18 3 89 18 6 128 14 0 26 15 0 458 18 0195 0 0 47 0 0 15,279 8 9 29,738 4 11 11,620 0 0 33 8 8 901 3 1 129 5 0 24,249 8 4 22,377 5 11 10,880 0 0 33 4 5 258 7 6 521 12 2 200 0 0 1,712 15 1 1,568 7 3 404,581 17 0 302,274 1 1 Totals £510,044 16 4 £604,522 17 0

8.—5.

ACCOUNTS OF LOCAL BODIES.

7

1906-1907. EXPENDITURE. 1907-1908. £ s. d. 8,194 17 9 19,758 4 5 18,078 12 11 29,541 15 2 Revenue paid over to Local Bodies, — Fees, Fines, &c. .. .. .. .. .. .. Endowments of Land,J&c. .. .. .. .. Goldfields Revenue .. .. .. .. ".'. Gold Duty £ s. d. 9,232 3 0 21,550 19 8 17,966 19 0 31,902 7 0 £ s. d. 80,652 8 8 75,573 10 3 Counties Separate Account, — Amount distributed amongst Local Bodies where "The Counties Act, 1886." is not in full operation .. .. .'. ' 203 6 6 . •• 131 12 1 Advance Accounts, — Payments on behalf of Local Bodies 46,743 18 7 31,206 9 11 rj 15,814 11 0 Balanoe at end of Year, — Cash in the Publio Acoount Advances in the hands of Officers of the Government — ' In the Dominion ... .'.' .. fc 15,194 2 3 88 5 9 15,194 2 3 15,902 16 9 £122,886 3 5 Totals £142,722 1 7 ACCOUN1 S. £ s. d. 48,362 19 8 50 0 0 4 15 5 1,210 15 3 475 0 0 642 6 4 Withdrawals, — Emigrants' Deposits .. .. .. . . \ '■ ■ . .. General Assembly Library Fund .. .. .. .. .. ; .. Hospitals and Charitable Institutions Acts, 1885-86 Imperial Government (South Africa Contingents) Land Transfer Acts, 1883-85 Maori Land Administration Suspense Acoount Maori Land Settlement Aot, 1905 !...(■' .. ■.. ..i Mining Districts Land Occupation Act, 1894 Miscellaneous Money-order Settlement Native Township, Parata .. , Pipiriki .. .. .. .. .. .. /.'■ Potaka .. .. .. ... .. ■;■■ Te Puru , Tokaanu.. „ Waipiro Nelson Rifle Prize Fund .. .. .. .. .. New Zealand International Exhibition New Zealand University Endowment, Canterbury .. .. Ngatirahiri Compensation.. .. .. .. .. ■ North Island Main Trunk Railway Loan Application Act 1886 Amendment Act, 1889 .. North Island Experimental Dairy School Public Trust Office Remittance Account Railways Tauranga Educational Endowment Reserves Act, 1896 .. .. . ... Te Aroha Domain Board .. .. .. .. .. Thermal-springs Districts Aot, 1881.. .. ... ... '.■■<.... .,; £ a. d. 35,840 17 7 75 0 0 279 8 8 230 6 3 206 16 9 £ i 6. d. 503 14 5 108,879 15 9 81,340 9 3 41 8 0 ' 163 11 7 169 17 6 760 7 3 535 12 10 .174,048 14 2 99,424 2 6 195 1 6 126 4 10 200 4 3 11 6 7 84 9 0 312 14 8 63 6 6 458 18 0 3,142 13 10 15 9 20 0 0 2,844 17 10 19,508 1 10 36,747 0 0 4,859 10 0 800 0 0 3,172 10 8 112 1 4 6,247 0 7 26 5 7 20,696 9 8 13,859 2 10 ,' 42 17 6 356,674 5 7 310,103 16 4 , . ■ . t . 138,680 0 10 131 3 2 61,129 16 0 Balanoe at end of Year, — Cash in the Public Acoount Advances in the hands of Officers of the Government— In the Dominion In London 244,909 13 2 40 11 11 2,898 6 4 199,941 0 0 247,848 11 5 £510,044 16 4 Totals £604,522 17 0

8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS

8

1906-19Q7. RECEIPTS. 1907-1908. £ s. d. 428,019 6 2 11,647 16 8 44,631 11 3 8,000 0 0 Balance at beginning of Year, — Cash in Publio Aocount Advances in the hands of Offioers of the Government — In the Dominion In London Investment Acoount £ s. d. 323,071 0 0 15,265 0 9 21,063 18 2 £ s. d. 359,399 18 11 492,298 14 1 The Aid to Public Works and Land Settlement Aot, 1900,— Provision for debentures matured 1st May, 1907 — Debentures sold Debentures renewed under " The New Zealand Loans Aot, 1904 " 500 0 0 3,000 0 0 3,500 0 0 The Aid to Publio Works and Land Settlement Aot, 1902,— Debentures issued for redemption of debentures matured 1st December, 1906 .. 200 0 0 943,600 0 0 4,890 0 0 The Aid to Publio Works and Land Settlement Act, 1906,— Proceeds of scrip and debentures issuedj(balance £1,000,000 loan) Premium reoeived 56,400 0 0 1,920 0 0 58,320 0 0 948,490 0 0 The Aid to Public Works and Land Settlement Aot, 1907, — Proceeds of sorip and debentures issued (on aooount £1,000,000 loan) Premium reoeived.. 808,200 0 0 11,594 0 0 819,794 0 0 Special Receipts in connection with the Ellesmere and Forsyth Reclamation and Akaroa Railway Trust 1,640 6 1 1,559 11 10 Revenue transferred from the Consolidated Fund in aid of Publio Works 800,000 0 0 775,000 0 0 125,000 0 0 The Native Land Purchases Act, 1892,— Debentures matured 31st October, 1906, renewed under " The New Zealand Loans Aot, 1904" .. .. .. .. - .. 1,000 0 0 The Aid to Public Works and Land Settlement Act, 1901,— Debentures matured 1st December, 1906, renewed under " The New Zealand Loans Act, 1904 " The Aid to Publio Works and Land Settlement Aot, 1902,— Provision for Debentures matured 1st December, 1906— Debentures renewed under "The New Zealand Loans Aot, 1904" .. Debentures sold.. Premium received on sale and renewal of debentures 657,700 0 0 10,000 0 0 1,704 0 0 669,404 0 0 182,086 7 6 9,240 9 0 The Aid to Publio Works and Land Settlement Act, 1905, — Prooeeds of debentures and sorip issued (balance £1,000,000 loan) Premium reoeived 191,326 16 6 Totals £3,204,079 2 5 £2,042,854 5 0

8.—5.

FUND for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

9

1906-1907. EXPENDITURE. 1907-1908. £ s. d. £ s. d. £ s. d. 16,710 5 7 1,227,834 2 1 4,663 15 1 226,917 18 9 4,503 17 8 42,270 13 0 14,352 9 0 347,469 16 4 11,064 9 5 9,135 6 9 114,068 3 3 695 1 2 14,873 15 10 5,605 4 6 Annual Appropriations.— Class XXVII.—Public Works. Departmental „ XXVIII.—Railways .. XXIX.—Utilisation of Water-power XXX.—Public Buildings .. XXXI.—Lighthouses. Harbour-works, and Harbour Defences XXXII.—Tourist and Health Resorts.. „ XXXIII.—Immigration „ XXXIV.—Roads XXXV.—Development of Goidfields XXXVI.—Purchase of Native Lands .. , XXXVII.—Telegraph Extension „ XXXVIII.—Rates on Native Lands XXXIX.—Contingent Defence XL.—Lands Improvement 18,027 1 3 1,056,925 17 4 314 13 6 219,148 1 11 6,862 19 10 45,026 11 1 9,130 17 7 323,716 19 4 8,631 12 2 2,190 9 2 155,491 8 6 836 17 6 18,574 9 0 9,560 13 1 1,874,438 11 3 2,040,164 18 5 Unauthorised, — Services not provided for .. I 154 6 6 [7,125 7 5 The Aid to Public Works and Land Settlement Act, 1900,— Debentures matured 1st May, 1907, redeemed Debentures matured 1st May, 1907, renewed as per contra . 500 0 0 3,000 0 0 3,500 0 0 10,000 0 0 657,700 0 0 The Aid to Public Works and Land Settlement Act, 1902,— Debentures matured 1st December, 1906, redeemed .. Debentures matured 1st December, 1906, renewed as per contra 200 0 0 200 0 0 667,700 0 0 The Aid to Public Works and Land Settlement Act, 1901, — Debentures matured 1st December, 1906, renewed as per contra 1,000 0 0 125,000 0 0 The Native Land Purchases Act, 1892,— Debentures matured 31st October, 1906, renewed as per contra 721 3 7 8,586 16 5 1,351 18 7 Charges and Expenses, authorised by "The New Zealand Loans Act, 1904," in respect of loans raised under — Aid to Publio Works and Land Settlement Aot, 1902 Aid to Public Works and Land Settlement Act, 1905 .. Aid to Publio Works and Land Settlement Act, 1906 .. Aid to Public Works and Land Settlement Aot, 1907 641 18 10 4,385 8 8 10,659 18 7 5,027 7 6 Balance at end of Year, — Cash in the Publio Account Advances in the hands of Officers of the Government— In the Dominion In London 323,071 0 0 124,769 0 0 15,265 0 9 21,063 18 2 13,654 4 8 14,139 14 2 359,399 18 11 152,562 18 10 £3,204,079 2 5 Totals £2,042,854 5 0

8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

10

1906-1907. RECEIPTS. 1907-1908. £ s. d. Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government — In London £ s. d. 12,074 8 2 £ s. d. 38,982 7 0 9,050 0 0 12,074 8 2 48,032 7 o' " The Hutt Railway and Road Improvement Acts, 1903 and 1905 " — Proceeds of Debentures issued 50,000 0 0 i Totals £62,074 8 2 £48,082 7 0 THE RAILWAYS IMPROVEMENTS AUTHOR SATION ACT ACCOUNT £ s. d. £ s. d. £ s. d. 175,483 5 10 Balance at beginning of Year, — Cash in the Public Account 93,526 10 10 "The Railways Improvements Authorisation Act, 1904,"— Prooeeds of Scrip and Debentures issued Premiums received 65,000 0 0 1,300 0 0 i 66,300 0 0 £175,483 5 10 Totals .. £159,826 10 10 KA BRANCH RAILWAY THE WAIK £ s. d. " The Waikaka Branch Railway Act, 1905 " — Proceeds of £53,476 3-per-cent. Debentures issued .. £ s. d. £ s. d. 50,000 0 0 i Total £50,000 0 0 STATEMENT of the RECEIPTS and EXPENDITURE of the CHEVIOT ESTA 1 'E ACCOUN £ s. d. Balance at beginning of Year,— Cash in Public Account £ s. d. £ s. d. 38,122 19 5 42,895 10 3 13,672 15 5 Receipts under " The Cheviot Estate Disposition Act, 1893," — Rents from Lands .. .. • • .•. .. 14,291 5 10 i £57,186 16 1 ! \ £51,795 14 10 J— ii —r\—■■ ■——— '— Totals j

8.-5.

HUTT RAILWAY AND ROAD IMPROVEMENT ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

11

EXPENDITURE. 1907-1908. 1906-1907. Annual Appropriation,— Vote 129—Hutt Railway and Road Improvement £ s. d. £ s. d. 46,220 19 8 £ s. d. 35,957 18 10 i Balance at end of Year, — Cash in the Public Account 15,853 8 6 12,074 8 2 Totals .. .. £62,074 8 2 £48,032 7 0 'or the Year endei 31st Mabch, 1908, compared with the Financial Year ended 31st Mabch, 1907. £ s. d. 81,956 15 0 £ s. d. £ s. d. 140,052 16 4 Vote 130 —Railways Improvements .. .. .. .. .. " The Railways Improvements Authorisation Act, 1904 " — Charges and Expenses authorised by " The New Zealand Loans Act, 1904 " 408 10 6 93,526 10 10 Balance at end of Year, — Cash in the Public Account 19,365 4 0 £175,483 5 10 Totals £159,826 10 10 ACCOUNT *° the Year ended 31st Maroh, 1908. £ s. d. £ s. d. £ s. d. 36,608 12 10 Expenditure under the Act Balance at end of Year, — Cash in the Publio Account Advances in the hands of Officers of the Government — In London 11,415 18 6 1,975 8 8 13,391 7 2 Total £50,000 0 0 * • 31st Mabch, 1908, compared with the Financial Year ended 31st Mabch, 1907. ! or the Year endei £ s. d. 8,866 2 6 34 2 1 Interest Surveys, Roading, &c. £ s. d. M&Z '8,866 2 6 ,;u« <6||8 0 £ s. d. 8,872 10 6 8,900 4 7 Balance at end of Year, — Cash in the Public Account 48,314 5 7 42,895 10 3 £51,795 14 10 Totals £57,186 16 1

8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS

12

1906-1907. RECEIPTS. 1907-1908. £ s. d. 3,508 7 7 Balance at beginning of Year, — Cash in the Public Account Advances in hands of Officers of the Government— In London In the Dominion Investment Account £ s. d. 249,320 4 4 £ s. d. 566 3 7 400,000 0 0 80,000 0 0 729,320 4 4 400,000 0 0 404,074 11 2 530,040 0 0 The Land for Settlements Consolidation Act, 1900,— For acquirement of estates— Proceeds of scrip and debentures issued 390,690 0 0 Provision for debentures due 1st February, 1908, — Debentures sold Debentures renewed under " The New Zealand Loans Act, 1904 " 266,800 0 0 148,800 0 0 415,600 0 0 3,000 0 0 814,766 0 0 75,000 0 0 Provision for Debentures due 1906, — Debentures sold .. .. .. .. .. ' .. Debentures, due 31st October, 1906, renewed Debentures, due 1st December, 1906, renewed .. ■ .. 5,445 10 0 Premium on debentures 2,924 0 0 1,428,251 10 0 Receipts on account of capital value of land under " The Land Laws Amendment Aot, 1907 "— Subsection (7), section 16 .. Seotion 20 131 0 0 1,032 0 0 1,163 0 0 204,921 5 4 Receipts derived from Estates, — Rents, &c. .. .. .. .. .. .. 230,357 4 11 Other Receipts,— Interest on Securities held by the Land for Settlements Investment Account 13,814 0 5 16,000 0 0 Recoveries, — Kurow Estate Lindsay Estate .. .. .. .. .. .. Loughnan Estate Pareora Estate No. 2 Plunket Estate Selwyn Estate .. .. . . .. Toka-ora Estate Wangapeka Estate 2 4 2 131 0 5 0 12 6 351 4 2 476 10 0 156 9 10 214 16 0 150 0 0 15 1 6 382 1 8 1,115 16 11 Credits in reduotion, — Bickerstaffe Fencourt Lyndon No. 2 Puhuka Estate .. .. .. Tablelands Estate 606 19 9 6 0 0 20 0 0 4 15 0 61 11 11 632 19 9 66 6 11 Carried forward .. 2,054,429 10 4 1,784,883 11 1

13

8.—5.

ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

1906-1907. EXPENDITURE 1907-1908. £ s. a. 2,127 9 5 600 10 5 Annual Appropriations, — Vote 126—Land for Settlements Expenses Vote 127 —Workers' Dwellings Expenses £ s. d. £ s. d. £ s. d. 3,879 15 6 2,487 1 8 , £ s. d. 6,366 17 2 2,727 19 10 Acquirement of EstateB, — Purchase-money. Incidental Expenses. Total. Name of Estate. Total. 35 2 6 19 13 6 3 6 4 866 17 8 12211 2 3,924 0 4 1617 0 52 2 6 2,512 14 3 9 18 8 3,070 16 6 1,540 6 8 6 9 8 50 0 0 4 13 6 4,617 4 11 417 7 2 277 12 9 12 19 1 2 9 6 134 5 1 11,462 18 1 97 3 0 3 12 61 11 10 22 13 3 21,819 5 0 ■550 10 0 0 1 0 0 7,011 15 8 100 0 0 Airedale (Hunter and Cameron, M. Mclntyre, J. R, Gilchrist) Annan Albury Ardgowan Argyll Barnego .. .. .. .. Beaumont Bickerstaffe Blind River Braco Braeburn Cadman Carrington Carroll Chamberlain Clandon .. .. Cradock Culverden Duncan Dyer (A. Martin) Ecclesion Eccleston No. 2 Edendale Blsthorpe Epuni Fencourt Flaxbourne Glenham (T. Hunter) Greenfield Hall-Jones Hatuma Hawtrey Heretaunga.. Hetana Highbank Hikawera Holworthy Horsley Downs Huinga Kaimahi Kanakanae (City of Glasgow Bank Assets Company) Kapuatohe Karapiro Kinloch Kitchener Kumeroa Kurow Langdale Lawry Lindsay Linton Longbush Loughnan .... Lynch's Lyndon No. 1 Lyndon No. 2 Maerewhenua Mahora .. .. Mahupuku Makareao Manga-a-toro Mangapouri (Assets Realisation Board) Mangatahi (J. H. Brookes-Smith and F. G. S. Clerihew) Mangawhata Mangawhero (Assets Realisation Board) Matamata Maytown Mead Meadowbank Melling Merrivale (J. C. Ellis) Methuen Mills Momona Morice Normandale Ohakea Okauia Opouriao .. ; Orakipaoa Otarakaro Otekaike (Robert Campbell and Sons, Limited) Patoa Pawaho Pitt Poerua 27,398 13 6 122 5 6 46 17 6 44,904 1 2 416 14 1 271 10 9 2 11 0 0 10 6 51 12 0 2 13 0 0 10 6 160 7 7 5 18 0 37 9 2 13 12 0 503 5 8 7 16 8 0 15 0 1 11 3 95 11 4 11 9 0 2,473 9 6 96 13 3 866 3 11 2 15 0 0 8 8 1,382 15 7 102 13 6 36 18 6 19 14 11 1,497 12 10 43 2 3 137 12 4 2 14 6 2 18 0 2 17 0 1,391 19 3 2 8 4 95 14 1 85 1 5 2,620 13 5 30 0 0 2 18 6 89 10 5 41 12 10 2,518 14 11 841 10 5 27,815 7 7 271 10 9 2 11 0 0 10 6 51 12 0 2 18 0 0 10 6 160 7 7 5 18 0 37 9 2 13 12 0 503 5 8 7 16 8 0 15 0 1 11 3 95 11 4 11 9 0 2,595 15 0 96 13 3 866 3 11 2 15 0 0 8 8 1,382 15 7 149 11 0 36 18 6 19 14 11 1,497 12 10 43 2 3 137 12 4 2 14 6 2 18 0 2 17 0 1,391 19 3 2 8 4 44,999 15 3 85 1 5 2,620 13 5 30 0 0 2 18 6 89 10 5 41 12 10 2,518 14 11 841 10 5 6,512 10 11 14 0 8,312 1 0 2,179 19 9 37 10 4 37 12 9 3,371 4 8 7° 3 0 0 4 6 13 4 3 3 13 10 1 10 0 2 13 6 10 0 17 0 1,139 6 3 126 2 8 3 18 0 362 8 8 0 4 6 13 4 3 3 13 10 1 10 0 2 13 6 10 0 17 0 1,139 6 3 126 2 8 3 18 0 9,687 2 8 986° 6 3 66 13 1 809 5 6 9,324 14 0 845 7 4 1 19 9 1,852 8 9 313 3 9 79,284 0 0 17,440 4. 3 3,297 7 10 507 0 0 1,017 10 10 105 7 10 14 12 5 5 17 0 72 14 7 113 12 9 54 9 3 146 4 1 3 9 5 82,581 7 10 507 0 0 18,457 15 1 105 7 10 14 12 5 5 17 0 72 14 7 113 12 9 279 9 3 146 4 1 3 9 5 397 1 i 225 0 0 152 5 10 191 2 3 15 7 0 919 4 5 12 15 6 97 11 2 12 0 6 2 14 6 2 18 3 7 15 0 0 7 6 0 10 782 2 2 2 12 6 0 5 0 83° 0 2 97 11 2 12 0 6 2 14 6 2 18 3 7 15 0 '0 7 6 •0 1 0 •98,141 12 ,11 2 12 6 5 0 97,359 10 9 0° 5 0 41 6 2 1 10 0 i 10 0 85,439 0 3 Carried forward 276,105 6 8 23,876 3 1 2S)9,981 9 9 6,366 17 2

8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS

14

1906-1907. RECEIPTS. 1907-1908. £ s. d. 2,054,429 10 4 £ s. d. £ s. d. 1,784,883 11 1 Brought forward \ Totals J£2,054,429 10 4 £1,784,883 11 1

8.—5.

ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907— continued.

15

1906-1907. EXPENDITURE. 1907-1908. £ s. d. 85,439 0 3 Brought forward .. .. .. 276,105 6 8 | 23,876 3 1 £ s. d. 276,105 6 8 £ s. d. 23,876 3 1 £ s. d. 299,981 9 9 £ s. d. 6,366 17 2 140 15 10 341 19 5 18,669 9 3 149 14 5 3 8 2 5 0 0 Acquirement of Estates— continued. Purchase monev Incidental Name of Estate. '' Expenses. Plumer .... .. .. .. •■ 934 Plunket (R. Oliver and J. B. Steele) .. .. 39,916 18 5 462 6 6 Pourerere .. .. .. .. . ■ .. 143 1 7 Prescot .. .. .. .. .... ... 85 11 7 Puhuka .. .. .. .. Pukekura .. .. .. Punaroa .. .. .. .. .. • • 0 10 0 Rangiatea .. .. .. .. .. .. 6 18 0 Raumati (L. Rathbone) .. .. .. 37,97110 0 1,024 9 10 Rewi (D. Moroney) .. .. .. .. 14,000 0 0 133 111 Richmond Brook .. .. .. .. -. 42 19 8 Ringway .. .. .. .. .. •. 25 9 0 Rosewill .. .. .. .. .. .. 383 1 6 St. Helen's Selwyn (T. Freeman) .. .. .. 200 0 0 1,492 18 7 Spotswood .. .. .. .. .. .. 340 Starborough .. .. .. .. .. 3 17 6 Steward .. .. .. .. .. •• 5,446 9 8 Tablelands .. .. .. .. .. •' .. 046 Takjtu .. .. .. .. .. ...... 0 8 0 Tamai .. .. .. .. .. ■• 50 1 6 Tarawahi .. .. .. .. .. .. 16 2 0 Taumata (J. Gibson) .. .. .. 16,649 9 10 14113 10 Tautari U. Grice and W. Gorrie) .. .. 29,057 11 8 89 6 4 Tawaha .. .. .. .... .. 348 0 7 Teasdale .. .. .. .. .. ... 80 6 5 Te Arai (G. R. Johnston and J. Clark) .. 113,949 0 0 247 0 9 Te Mata (B. Chambers) .. .. .. 1,712 19 4 37 14 1 Toka-ora Tokarahi .. .. .. .. .. .. 266 Tomoana .. .. .. .. .. • • 0 13 6 Totara .. .. .. .. .. .. •■ 196 1 1 Waari .. 98 13 5 Waddington .. .. .. .. .. •• 4 6 2 Walker (R. B. Wilkinson and M. O'Brien) .. 1,290 0 0 3 3 0 Waikakahi .. . , .. .. .. .. 7 5 0 Waimana (Assets Realisation Board and M. E. H. Beale) .. .. .. .. .. 18,592 0 0 1,807 19 2 Waimarama Wangapeka (Executors of John Tinline and Territorial Revenue (purchase of Crown land) 16,247 2 0 528 8 7 Wharenui .. .. .. .. .. • • 4 15 3 Wigan .. .. .. .. .. .. 96 6 8 Windsor Park .. .. .. .. .. 1 12 6 ■ Windsor Park No. 2.. .. .. .. .. 1 12 6 Wilford (Mudgway Estate Company, Limited) .. 36 0 0 56 12 6 Willows Windle .. 2,803 9 8 Purchase-money. 39,916 18 5 Incidental Expenses. 9 3 4 462 6 6 143 1 7 85 11 7 Total. 9 3 4 40,379 4 11 143 1 7 85 11 7 613 8 4 16 2 37,971 10 0 14,000 0 0 0 10 0 6 18 0 1,024 9 10 133 1 11 42 19 8 25 9 0 383 1 6 0 10 0 6 18 0 38,995 19 10 14,133 1 11 42 19 8 25 9 0 383 1 6 1,851 18 7 5 12 6 8,019 16 0 27 3 7 200 0 0 1,492 18 7 3 4 0 3 17 6 5,446 9 8 0 4 6 0 8 0 50 1 6 16 2 0 141 13 10 89 6 4 348 0 7 80 6 5 247 0 9 37 14 1 1,692 18 7 3 4 0 3 17 6 5,446 9 8 0 4 6 0 8 0 50 1 6 16 2 0 16,791 3 8 29,146 18 0 348 0 7 80 6 5 114,196 0 9 1,750 13 5 2,879° 4 0 46 12 4 81° 6 0 50 0 0 16,649 9 10 29,057 11 8 276 8 3 6,680 0 0 113,949 0 0 1,712 19 4 8° 11 10 32 19 8 2 6 6 0 13 6 196 1 1 98 13 5 4 6 2 3 3 0 7 5 0 2 6 6 0 13 6 196 1 1 98 13 5 4 6 2 1,293 3 0 7 5 0 50,332 10 3 190 4 8 888 12 7 1,290 0 0 16°10 11 586 2 4 4,964 2 0 18,592 0 0 1,807 19 2 20,399 19 2 46 7 9 32 9 0 394 2 4 16,247 2 0 528 8 7 4 15, 3 96 6 8 1 12 6 1 12 6 56 12 6 16,775 10 7 4 15 3 95 6 8 1 12 6 1 12 6 92 12 6 649 3 8 70 14 0 5,386 10 5 36° 0 0 2,803° 9 8 2,803° 9 8 188,277 19 10 565,727 17 11 39,762 9 3 565,727 17 11 605,490 7 2 605,490 7 2 39,762 9 3 3,000 0 0 The Land for Settlements Consolidation Act, 1900, — Debentures redeemed — Matured 1st February, 1908 Matured 1st November, 1906 Debentures renewed — Matured 1st February, 1908, as per contra Matured 1st December, 1906, as per contra.. 266,800 0 0 75,000 0 0 148,800 0 0 415,600 0 0 78,000 0 0 The Land for Settlements Act, 1892, — Debentures matured 31st October, 1906, renewed as per contra 45,276 0 0 The Land for Settlements Aot, 1894, — Debentures matured 31st October, 1906, renewed as per contra 769,490 0 0 1,378 3 6 Charges and Expenses,— On issue of Debentures On renewal of Debentures On redemption of Debentures 956 6 11 15 18 4 865 14 6 1,837 19 9 1,378 3 6 188,012 13 0 Interest recouped to Consolidated Fund in respect of Debentures issued 209,060 14 8 Amount paid to the Public Trustee in terms of section 5 of "The New Zealand Loans Act Amendment Aot, 1906," for the purpose of providing a sinking fund for repayment of securities issutd under the Land for Settlements Acts 54,465 0 0 50,165 0 0 1,781 9 10 Unauthorised .. 249,320 4 4 80,000 0 0 400,000 0 0 Balanoe at end of Year, — Gash in the Public Account Advances in the hands of Officers of the Government— In the Dominion In London Investment Aocount .. .. .. .. 89,645 17 11 1,001 6 4 1,415 8 1 400,000 0 0 492,062 12 4 729,320 4 4 Totals £1,784,883 11 1 !2,054,429 10 4

8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the MAORI LAND SETTLEMENT

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION

16

1906-1907. RECEIPTS. 1907-1908. £ s. d. 135,988 7 4 Balance at beginning of Year, — Cash in the Public Aocount Advances in the hands of Officers of the Government— In the Dominion £ s. d, 95,687 7 0 £ s. d. 886 17 7 96,574 4 7 135,988 7 4 " The Maori Land Settlement Aot Amendment Act, 1907 " — Proceeds of Debentures issued 50,000 0 0 65,975 0 0 1,000 0 0 "The Maori Land Settlement Act, 1905"— Proceeds of Debentures and Scrip issued Premium received 66,975 0 0 i £202,963 7 4 Totals £146,574 4 7

£ s. d. 8,377 14 5 485 4 6 Balance at beginning of Year, — Cash in the Public Account .. In the hands of Stock Agents — Cash In the hands of the High Commissioner — 3J-per cent. Stock for sale 266 8 8 102,000 0 0 £ s. d. £ s. d. 102,266 8 8 97,179 13 7 5,086 15 1 Less cash overdrawn 8,862 18 11 241,700 0 0 600,266 0 0 3J-per-cent. Inscribed Stock, — Issued for redemption of Debentures Issued for conversion of Debentures.. Issued for expenses of ooaversion .. .. 288,000 0 0 340,676 10 0 5,000 0 0 633,676 10 0 841,966 0 0 75,555 11 1 10,580 0 0 3-per-oent. Inscribed Stock, — Issued for redemption of Debentures Issued for expenses of conversion 86,135 11 1 Premium received on sale of 3J-per-cent. Stock 106 5 0 50 0 0 • £937,014 10 0 \ Totals £638,869 10 1

8.—5.

ACT ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

17

1906-1907. EXPENDITURE. 1907-1908. 08. £ s. d. 1,604 7 5 Vote 128—Maori Land Settlement Expenses £ s. d. £ s. d. 2,574 9 0 94,731 1 7 Acquirement of Land 139,671 13 2 9,286 3 9 Unauthorised .. .. .. • • 767 10 0 Charges and Expenses on issue of Debentures under authority of " The New Zealand Loans Act, 1904 ".. 95,687 7 0 Balance at end of Year, — Cash in the Publio Account Advances in the hands of officers of the Government — In the Dominion 4,299 5 3 4,328 2 5 886 17 7 28 17 2 96,574 4 7 Totals £202,963 7 4 £146,574 4 7

£ s. d. Debentures redeemed, — Consolidated Loan Act, 1867, 5 per oent. (annual drawing) Immigration and Public Works Loan Act, 1870 ; matured 1st June, 1907 Aid to Public Works and Land Settlement Act, 1900; matured 1st February, 1908 Land for Settlements Consolidation Act, 1900 — Matured 1st June, 1907 Matured 30th June. 1907 Matured 1st September, 1907 Matured 1st February, 1908 Aid to Public Works and Land Settlement Act, 1900; matured 1st April, 1906 .. Aid to Public Works and Land Settlement Act, 1902 ; matured 1st December, 1906 £ s. d. £ s. d. 68,000 0 0 4,300 0 0 3,500 0 0 20,000 0 0 100,000 0 0 25,000 0 0 50,000 0 0 25,000 0 0 138,300 0 0 266,100 0 0 69,700 0 0 79,100 0 0 316,800 0 0 Amount Rate Premium Debentures converted into 34-per-cent. In- converted. scribed Stock, — £ £ £ s. Immigration and Public Works Loan Act, 1870 196,500 102J 4,912 10 ! Aid to Publio Works and Land Settlement Act, ( 30,000 103 900 0 I 1900 .. .. .. .. .. ( 1,500 101 15 0 ( Aid to Public Works and Land Settlement Act, j 18,600 101 186 0 | 1904 .. .. .. .• . .. j 100 103 3 0 Aid to Public Works and Land Settlement Act, 1905 .. .. .. .. .. j 7,000 103 210 0 ,,„,., L rt ,-j *• » i man ( 17,000 i 103 510 0 Land for Settlements Consolidation Aot, 1900.. 62 000 102 1 240 0 127,445 0 0 166,570 0 0 55,620 0 0 14,635 0 0 140,000 0 0 Government Advances to Settlers Act, 1894 Aid to Public Works and Land Settlement Act, 1903 Hutt Railway and Road Improvement Acts, 1903 and 1905 70,246 0 0 25,750 0 0 600,266 0 0 £332,700 j .. £7,976 10 340,676 10 0 340,676 10 0 50 0 0 8,692 19 1 5,737 1- 3 381 14 7 Expenses Account, — Brokerage and Commission Discount Stamp Duty Rent and Office Expenses Interest Law Costs 2,062 10 0 3,512 10 0 3,945 10 11 376 12 10 2,073 3 1 8 8 0 14,861 14 11 11,978 14 10 ✓ * 266 8 8 Balance at end of Year, — In the hands of Stock Agents— Cash .. In the hands of High Commissioner— 3J-per-oent. Stock for sale 188 9 11 102,000 0 0 50,000 d 0 102,266 8 8 Less cash o'verdrawn 50,188 9 11 97,179 13 7 30,074 4 8 20,114 5 3 £937,014 10 0 5,086 15 1 Totals £638,869 10 1 3—B. 5.

8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the GOVERNMENT ADVANCES TO SETTLERS

STATEMENT of the RECEIPTS and EXPENDITURE of the GOVERNMENT ADVANCES TO WORKERS

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

18

1906-1907. RECEIPTS. 19071908. £ s. d. Balance at beginning of year,— Cash in the Public Account £ s. d. £ s. d. 12,939 0 2 171,952 7 7 Receipts, including Instalments, Interest, Sinking Fund, &c. 338,679 2 7 50,000 0 0 " The Government Advances to Settlers Act, 1906," — Proceeds of Debentures issued .. 310,000 0 0 90,365 10 8 Amounts transferred from the Government Advances to Settlers Account to the Public Account £312,317 18 3 Totals j £661.618 2 9

£ s. d. is s. d. £ s. d. Balance at beginning of year,— Cash in the Public Account 15,543 8 8 61 17 6 Receipts, including instalments, interest, &c. .. 1,110 7 1 20,000 0 0 "The Government Advances to Workers Act, 1906," — Proceeds of Debentures issued 90,000 0 0 £20,061 17 6 Totals £106,653 15 9

£ s. d. Balance at beginning of Year, — Cash in the Public Account Advances in hands of Officers of the Government— In the Dominion £ s. d. 397 0 8 £ s. d. 779 12 2 4 0 0 397 0 8 783 12 2 180,000 0 0 " The Local Bodies' Loans Act, 1901,"--Proceeds of Debentures issued 185,000 0 0 " The Government Loans to Local Bodies Act, 1886"— Debentures due 1st September, 1907, renewed under " The New Zealand Loans Act, 1904" 250,300 0 0 Repayments under sections 61 and 70 of " The Local Bodies' Loans Act, 1901," — Counties— Clifton Clutha Kiwitea Stratford Wairarapa South 178 11 7 71 12 3 321 7 3 30 3 2 91 7 7 117 4 9 Road Boards— Manganui 324 5 1 144 7 7 Boroughs— Whangarei 152 5 9 818 2 3 613 2 9 r Carried forward 181,396 14 11 436,515 2 11

8.—5.

ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

19

I 1906-1907. EXPENDITURE. 1907■1908. £ s. d. 64,864 9 3 L_ £ s. d. £ s. d. 60,658 7 0 Vote No. 136 —Office-management expenses 234,514 8 10 Payments made on account of advanoes on mortgage 590,336 4 7 Amount transferred from the Public Acoount to the Government Advances to Settlers Acoount 10,623 11 2 12,939 0 2 Balance at end of Year— Cash in the Public Acoount £312,317 18 3 Totals £661,618 2 9

£ s. d. 347 12 10 £ s. d. £ s. d. 664 18 10 Vote No. 137 —Office-management expenses 4,170 16 0 Payments made on account of advances on mortgage 94,097 3 7 Amount transferred from the Public Account to the Government Advances to Workers Account .. .. .. 11,891 13 4 15,543 8 8 Balance at end of Year— Cash in the Public Account Totals £20,061 17 6 £106,653 15 9

£ s. d. Grants under "The Local Bodies' Loans Act, 1901," — Counties — Akitio Bruce Clifton Clutha Collingwood Cook Egmont Eketahuna Featherston Geraldine Grey Hawera Hobson Horowhenua Hutt Kairanga Kawhia Kiwitea Levels Mackenzie .. Manawatu Masterton Ohinemuri Opotiki Oroua Otamatea .. .. Pahiatua Patea Piako Pohangina Raglan Rangitikei Stratford Taieri Taranaki Tauranga Waiapu Waimarino Waimea Waipa Waipawa Wairarapa South Wairoa Waitotara Westland Whangarei Woodville % £ s. d. £ s. d. 100 0 0 450 0 0 2,000 0 0 2,400 0 0 1,600 0 0 5,830 0 0 500 0 0 350 0 0 3,080 0 0 1,950 0 0 6,000 0 0 3,500 0 0 1,000 0 0 2,000 0 0 399 0 0 1,601 0 0 3,500 0 0 2,000 0 0 3,158 0 0 2,750 0 0 4,500 0 0 1,650 0 0 1,750 0 0 1,000 0 0 800 0 0 5,938 0 0 600 0 0 500 0 0 1,250 0 0 5,200 0 0 1,700 0 0 1,000 0 0 5,450 0 0 4,620 0 0 1,700 0 0 2,000 0 0 1,150 0 0 6,000 0 0 350 0 0 2,000 0 0 1,050 0 0 4,400 0 0 5,980 0 0 2,839 0 0 50 0 0 2,950 0 0 1,000 0 0 500 0 0 1,481 0 0 600 0 0 211 0 0 400 0 0 1,600 0 0 1,650 0 0 6,000 0 0 6,000 0 0 3,100 0 0 3,250 0 0 1,000 0 0 500 0 0 400 0 0 1,100 0 0 1,419 0 0 2,950 0 0 1,200 0 0 3,100 0 0 2,500 0 0 100 0 0 2,425 0 0 512 0 0 2,500 0 0 250 0 0 76,547 0 0 79,796 0 0 Car ried forward 76,547 0 0

8.-5.

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

20

1906-1907. RECEIPTS. 1907908. £ s. d. 181,396 14 11 Brought forward £ s. d. £ s. d. 436,515 2 11 I Carried forward £436,515 2 11 181,396 14 11

8.—5.

ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907— continued.

21

1906-1907. I EXPENDITURE. 1907 -1908. £ s. d. £ s. d. 76,547 0 0 £ s. d. 79,796 0 0 Brought forward Grants under "The Local Bodies' Loans Aot, 1901 "—continued. City Council — Christchurch .. .. .. 3,000 0 0 120 0 0 1,000 0 0 1,000 0 0 1,600 0 0 1,323 0 0 2,005 0 0 2,000 0 0 Boroughs— Akaroa Balclutha Birkenhead Carterton Cromwell Dannevirke Eketahuna Eltham Feilding .. • • Foxton .. • • ' • • Greymouth Hamilton Hokitika Kumara Maori Hill New Plymouth Oamaru Pahiatua Petone Waihi .. •■ Westport Woodville 380 0 0 2,800 0 0 700 0 0 1,000 0 0 1,000 0 0 600 0 0 2,800 0 0 600 0 0 2,449 0 0 , , 5,000 0 0 1,300 0 0 500 0 0 1,750 0 0 4,000 0 0 1,200 0 0 3,100 0 0 4,000 0 0 2,000 0 0 350 0 0 2,000 0 0 1,500 0 0 2,000 0 0 26,729 0 0 23,348 0 0 500 0 0 2,000 0 0 500 0 0 1,000 0 0 600 0 0 250 0 0 1,000 0 0 200 0 0 1,700 0 0 '700 0 0 200 0 0 1,715 0 0 Road Boards— Akaroa and Wainui Awatere Barrett Carrington .. . ■ Egmont Hangaroa Hunua .. • • Howiok Township Kaukatea Manganui Mangawhero Mataongaonga .. Moa •• •• •• •• Okato Otaki Parihaka .. • • Pukekohe West Riooarton Tataraimaka Upper Wangaehu Waikohu Waimate .. • ■ • • i • Waipipi • • • ■ ■ • > • Waitara West Waiwakaiho Whangamarino 1,000 0 0 150 0 0 2,000 0 0 825 0 0 264 0 0 920 0 0 80 0 0 2,980 0 0 800 0 0 1,410 0 0 1,500 0 0 2,150 0 0 1,900 0 0 455 0 0 700 0 0 800 0 0 250 0 0 278 0 0 2,000 0 0 2,000 0 0 175 0 0 1,500 0 0 50 0 0 14,744 0 0 19,808 0 0 70 0 0 Town BoardsBull's Eketahuna Featherston .. .. • • Martinborough Otautau 300 0 0 1,300 0 0 200 0 0 200 0 0 200 0 0 270 0 0 2,000 0 5,000 0 0 River Board— Hutt 5,000 0 1,200 0 0 900 0 0 900 0 0 1,050 0 0 Drainage Boards — Eltham .. .. .. Fencourt Hunga Hunga Makerua Ohaupo Pyramid Blook Sef ton-Ashley Te Rapa Wainono West Taieri „. 400 0 0 3,000 0 0 3,000 0 0 2,000 0 0 657 0 0 400 0 0 300 0 0 8,400 0 5,407 0. 0 Carried forw» ird 133,629 0 0 136,420 0

8.—5.

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

STATEMENT of the RECEIPTS and EXPENDITURE of the GOVERNMENT ADVANCES TO SETTLERS

STATEMENT of the RECEIPTS and EXPENDITURE of the GOVERNMENT ADVANCES

STATEMENT of the RECEIPTS and EXPENDITURE of the BANK OF NEW ZEALAND ACT,

22

1906-1907. RECEIPTS. 1907-1908. £ s. d. 181,396 14 11 £ s. d. £ s. d. 436,515 2 11 Brought forward r. Totals £181,396 14 11 £436,515 2 11

£ s. d. 100,000 0 0 £100,000 0 0 " The Government Advances to Settlers Act, 1906," — Prooeeds of Debentures issued Totals £ s. d. £ s. d. j 240,000 0 0 £240,000 0 0

£ s. d. £ s. d. £ s. d. "The Government Advanoes to Workers Aot, 1906," — Proceeds of Debentures issued 95,000 0 0 Total £95,000 0 0

£ s. d. 500,000 0 0 Balance at beginning of Year, — Investment Account £ s. d. £ s. d. 500,000 0 0 £500,000 0 0 Totals .. £500,000 0 0

8.—5.

ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907— continued.

OFFICE LOAN ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

TO WORKERS LOAN ACCOUNT for the Year ended 31st March, 1908.

1903, ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st March, 1907.

23

1906-1907. EXPENDITURE. 1907-1908. • £ s. d. 133,629 0 0 £ s. d. £ s. d. 136,420 0 0 0 Brought forward Annual Appropriation,— 3 Vote 131—Roads to open up Crown lands 38,524 2 6 47,370 14 3 "The Government Loans to Local Bodies Act, 1886"— Debentures matured 1st September, 1907, renewed as per contra 250,300 0 0 397 0 8 Balance at end of Year, — 8 Cash in the Public Account 8 11,271 0 5 397 0 8 s 1 Totals £181,396 14 11 £436,515 2 11

£ s. d. 100,000 0 0 Amount paid over to Government Advances to Settlers Office Account £100,000 0 0 Totals £ s. d. £ s. d. 240,000 0 0 £240,000 0 0 •

£ 8. d. Amount paid over to Government Advances to Workers Office Account Total £ i s. d. £ s. d. 95,000 0 0 £95,000 0 0

£ s. d. Balance at end of Year, — Investment Account — 500,000 0 0 75,000 preference shares issued by the Bank of New Zealand £500,000 0 0 Totals £ s. d. £ b. d. 500,000 0 0 £500,000 0 0

8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the RESERVE

STATEMENT of the RECEIPTS and EXPENDITURE of the NEW ZEALAND CONSOLS

24

1906-1907. RECEIPTS. 1907-1908. £ s. d. £ s. d. £ s. d. " The Reserve Fund Seourities Act, 1907,"— Proceeds of Debentures created .. 800,000 0 0 Securities purchased under authority of " The Reserve Fund Securities Act, 1907," as per contra 800,000 0 0 Total £1,600,000 0 0

£ s. d. Ill 476,850 0 0 Balance at beginning of Year, — Cash in Deposit Account .. Investment Account £ s. d. 10 1 1 478,225 0 0 £ s. d. 478,235 1 1 476,851 1 1 1,384 0 0 Deposits inscribed 214 0 0 £478,449 1 1 : £478,235 1 1 Totals The Treasury, Wellington, 25th April, 1908.

4—B. 5.

8.—5.

FUND ACCOUNT for the Year ended 31st March, 1908.

ACCOUNT for the Year ended 31st March, 1908, compared with the Financial Year ended 31st Mabch, 1907.

ROBERT J. COLLINS, Secretary to the Treasury. R. B. VINCENT, Accountant to the Treasury. Examined and found correct. J. K. WARBURTON, Controller and Auditor-General.

25

EXPENDITURE. 19O7-1908. 1906-1907. £ s. d. "The Reserve Fund Securities Act, 1907," — Purchase of Securities (face value, £863,876 17s. lid.) £ s. d. £ s. d. 800,000 0 0 Balance at end of Year, — Investment Account 800,000 0 0 Total £1,600,000 0 0

£ s. d. £ s. d. £ s. d. 10 1 1 478,225 0 0 478,235 1 1 Balance at end of Year, — Cash in Deposit Aocount Investment Aocount 74 1 1 478,375 0 0 478,449 1 1 Totals £478,235 1 1 £478,449 1 1

8.— 5.

SUMMARY of BALANCES on 31st MARCH, 1908.

Approximate Cost of Paper. —Preparation, not given ; printing (1,500 copies), £33 13s. 6d.

By Authority : John Mackay, Government Printer, Wellington.—l9oB.

Price 9d.]

26

Balances. Advances. Investments. Cash. Total. Consolidated Fund :— Ordinary Revenue Account* State Forests Account State Goal-mines Account Scenery Preservation Account .. Accounts of Local Bodies Deposit Accounts £ s. d. 1,167,849 6 5 8,879 7 10 44,067 15 10 8,193 14 11 15,194 2 3 247,848 11 5 £ s. d. Consolidated Fund :— Ordinary Revenue Account* State Forests Account State Coal-mines Account Scenery Preservation Account .. Accounts of Local Bodies Deposit Accounts £ s. d. 1,080,094 0 1 8,487 9 4 44,060 14 6 8,182 18 11 15,194 2 3 244,909 13 2 £ s. d. 87,755 6 4 391 18 6 7 14 10 16 0 £ s. d. £ s. d. 1,167,849 6 5 8,879 7 10 44,067 15 10 8,193 14 11 15,194 2 3 247,848 11 5 1,492,032 18 8 2,93818 3 Public Works Fund 1,400,928 18 3 91,104 0 5 1,492,032 18 8 152,562 18 10 Public Works Fund 124,769 0 0 27,793 18 10 152,562 18 10 Hutt Railway and Road Improvement Account The Railways Improvements Authorisation Act Account .. Waikaka Branch Railway Account Land for Settlements Account Maori Land Settlement Act Ac15,853 8 6 19,365 4 0 13,391 7 2 492,062 12 4 Hutt Railway and Road Improvement Account The Railways Improvements Authorisation Act Account .. Waikaka Branch Railway Account Land for Settlements Account Maori Land Settlement Act Account Cheviot Estate Account Loans to Local Bodies Account Conversion Account New Zealand Consols Account Reserve Fund Account Bank of New Zealand Act, 1903, Account Remittances to London Account 15,853 8 6 19,365 4 0 11,415 18 6 89,645 17 11 1,975 8 8 2,416 14 5 400,000 0 0 15,853 8 6 19,365 4 0 13,391 7 2 492,062 12 4 count Cheviot Estate Account Loans to Local Bodies Account Conversion Account New Zealand Consols Account Reserve Fund Account Bank op New Zealand Act, 1903, Account Remittances to London Account • 4,328 2 5 48,314 5 7 11,271 0 5 20,114 5 3 478,449 1 1 800,000 0 0 4,299 5 3 48,314 5 7 11,271 0 5 O. 30,074 4 8 74 1 1 28 17 2 50,188' 9 11 4,328 2 5 48,314 5 7 11,271 0 5 20,114 5 3 478,449 1 1 800,000 0 0 •• 478, 375 0 0 800,000 0 0 - 500,000 0 0 Dr.1,000,000 0 0 3,047,745 4 3 0.1,000,000 0 0 500,000 0 0 500,000 0 0 0.1,000,000 0 0 Total Totals 695,862 14 10 3,047,745 4 3 173,507 9 5 2,178,375 0 0 * Against this Treasury Bills amounting to £400,000 are outstanding.