EAST COAST NATIVE TRUST LANDS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR YEAR ENDED 31ST MARCH, 1924.

Appendix to the Journals of the House of Representatives, 1924 Session I, G-03a

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1924. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR YEAR ENDED 31ST MARCH, 1924.

Presented to Parliament in pursuance of Section 13 of the East, Coast Native Trust Lands Act, 1902.

east coast native trust lands. Balance-sheet as at 31st March, 1924. Liabilities. Assets. £ s. (I. £ s. d. £ s. d. £ s. d. Mortgages secured on free- Freehold lands .. .. .. 339,850 2 G hold .. .. .. 06,50(1 0 0 Unpaid purchase-money on Interest accrued on same .. 1,21 (i 0 3 sale of freeholds . . 52,440 8 0 07,710 0 3 Interest accrued, &c., on Money advanced by wav of same .. .. 1,765 15 10 loan .. .." ".. 1,300 0 0 54,212 310 Interest accrued on same .. 18 0 0 Rents due and accrued .. 3,601 0 3 — 1,310 0 0 Interest on same .. 34 19 11 Bank of Australasia .. 29,807 1 1 3,030 6 2 Interest accrued on same .. 947 4 4 Interest accrued on value of ■ 30,754 5 5 fencing Maraetaha No. 2, Accrued rates and taxes .. .. 3,368 10 3 Sees, 3 and 6 .. .. .. 23 6 10 Sundry creditors— Produced unrealized— Dalgety and Co. (Li- Wool .. .. 892 0 9 mited), Gisborne .. 70 8 4 Mutton .. .. 632 15 6 Williams and Kettle (Li- Pelts .. .. 129 13 4 mited), Gisborne .. 5,483 5 6 1,654 9 7 Williams and Kettle (Li- Live-stock on farms .. .. 25,824 5 0 mited), Wairoa .. 161 15 0 Posts and battens on hand.. 237 10 0 In open account .. 855 3 8 Grass-seed, &c., on hand .. 82 11 6 6,570 12 6 320 1 0 Amounts due to Natives on Advances to Natives on acaccount rents, farm pro- count farm profits, &c. .. 5,451. 14 1 fits, &c. .. .. 1,6811 8 (l Sundry debtors on open Amounts at credit of Blocks— account .. .. 1,298 13 8 Rentals, purchase-money, 0,750 7 9 &o. 6,736 7 11 Advances to blocks on ac8,422 15 11 count management, rents, Amount at credit of Sus- &c. .. .. .. .. 1,742 14 8 pense Account .. .. 46 13 8 Investments — Surplus .. .. .. 318,326 8 4 Wairoa Farmers' Cooperative Meat Company (Limited) (shares) 750 0 0 Gisborne Sheep-farmers' Frozen Meat and Mercantile Company (Limited) — 500 ordinary shares of £1 each fully paid .. 500 0 0 958 shares £1 each (head rate) .. .. 718 10 0 1,908 10 0 Office furniture and fixtures .. 108 13 0 Travelling plant .. .. .. 430 12 0 £436,521 12 10 £436,521 12 10 Auditor's Certificate. I have audited the accounts of the East Coast Native Trust lands for the year ended 31st March, 1924, arid my report on the audit of the accounts is contained in my letter of even date to the Hon. the Minister of Native Affairs. Wellington, 15th September, 1924. Arthur T. Clarke, Auditor.

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Statement showing the Position of the different Blocks as at 31st March, 1924. Amount at Debit of the Undermentioned Blocks on Current Amount at Credit of Undermentioned, Bloclcs on Current A ccount. A ccount. Principal-security blocks— £ s. d. £ s. d. £ s. d. Genera] Account ..48,109 6 1 Mangaheia 2d .. .. .. 2,818 16 5 To Kuri .. .. 4 5 8 6 Mangapoike A .. .. .. 469 6 9 Live-stock Account— Mangapoike 2a 3 .. .. .. 2,287 14 6 Pakiwhai .. .. 382 0 0 Mangapoike B .. .. .. 254 5 6 Mangapoike 2e .. .. .. 192 14 1 48,536 14 7 Maraetaha, Sec. 4 .. .. ..11,322 11 5 Less amount at credit, Paremata, Sec. 48 .. . . .. 40 4 6 Pakiwhai Farm .. 1,232 17 9 Paremata, Sec. 64, No. 1 Account .. 15,410 4 11 47,303 16 10 Paremata, Sec. 64, No. 2 Account .. 1,036 7 3 Mangapoike 2b — j Tahora 2c 2, Sec. 2 .. .. .. 1,212 12 8 General Account .. 6,283 9 1 Tahora 2o 3, Sec. 2 .. .. .. 50,250 16 10 Live-stock Account .. 4,701 5 0 Whangawehi Ib lo .. •• •• 388 0 8 Whaitiri No. 2 .. .. .. 720 4 2 10,984 14 1 Less amount at credit Amount at credit of the undermentioned of Farm Account .. 5,174 19 2 blocks for value of their freehold: — 5,809 14 11 Mangatu Nos. 5 and 6 "*) £ s. d. Mangapoike 2i> .. .. .. 1,106 5 4 Mangaokura .. I Maeaetaha No. 2, Sees. 3 Pakowhai .. I 34 q q and 6 — Tangotete .. \ ' General Account .. 2,414 14 9 Te Kuri Live-stock Account .. 2,532 19 0 Whataupoko G, Sec. 22 J Farm Account .. 7,647 8 1 Mangaheia 2d .. .. 39,858 0 0 - 12,595 110 Mangapoike A .. ..39,798 0 0 Maraetaha No. 2, part Sees. Mangapoike 2a 3 . . 21,995 0 0 3 and 6 (new burn) .. .. 2,145 0 4 Mangapoike B .. .. 1,018 0 0 Maungawaru No. 2 .. .. 15,065 011 Mangapoike 2J3 .. .. 11,294 0 0 Maungawaru No. 3 .. .. 4,770 5 3 Mangapoike 2d .. .. 10,779 0 0 Paremata No. 3— Mangapoike 2e .. . . 4,470 0 0 General Account .. 16,508 16 3 Maungawaru No. 2 .. 5,500 0 0 live-stock Account .. 3,064 5 0 Maungawaru No. 3 .. 7,000 0 0 Maraetaha No. 2, Sees. 3 19,573 1 3 and 6 .. ..29,842 0 0 Less amount at credit Paremata, Sec. 48 . . 390 0 0 of Farm Account .. 13,909 8 10 Paremata, Sec. 64 .. 9,550 0 0 5,663 12 5 Paremata, Sees. 73 and 73a 1,012 0 0 Paremata Nos. 73 and 73a .. 241 6 4 Paremata No. 4 .. .. 4,348 0 0 Tahora 2c l, Sec. 3 — Paremata No. 3 .. .. 20,867 0 0 Live-stock Account .. 6,245 0 0 Tahora 2c 1, Sec. 3 .. 41,157 0 0 Farm Accounts .. 7,868 4 8 Tahora 2c 2, Sec. 2 .. 3,800 0 0 Tahora 2f 2 .. .. 30,764 0 0 14,113 4 8 Tahora. 2g 2 .. .. 1,346 0 0 Less amount at credit Tawapata South No. 1 .. 12,000 0 0 of General Account 5,581 2 2 Whaitiri No. 2 .. .. 1,565 0 0 8,532 2 6 Maraetaha Id (Te Kopua).. 24,899 0 0 Tahora 2f, Sec. 2— General Account .. 3,736 18 4 358,209 0 0 Live-stock Account .. 4,229 0 0 Less amount standing to Farm Account .. 4,846 2 2 debit of Tahora 2c 3, 12,812 0 6 Sec. 2, after sale to Tahora 2g, Sec. 2 .. . . 430 6 2 Chappie and Field and to Tawapata South No. 1 . . .. 341 0 2 Crown of Lots 2, 3, 4, Maraetaha Id (Te Kopua)— and 5 for £41,130 17s. 6d. 18,358 17 6 General Account . . 12,266 9 4 339,850 2 6 Live-stock Account .. 4,669 16 0 Live-stock on farms, as per contra 25,824 5 0 16,936 5 4 Balance—Surplus, as per balance-sheet 318,326 8 4 £452,078 7 2 £452,078 7 2 Statements of Account for the Year ended 31 st March, 1924. Princtpal-secfrity Blocks. area and value of principal-security blocks. £ s. d. Acres. Balance at debit, 31st March, 1923 .. 45,026 19 0 Mangatu Nos. 5 and 6 .. .. .. 21,452 Mangaokura No. 1 .. .. .. 2,027 Payments. Whataupoko G, Sec. 32 .. .. .. 10 £ s. d. Pakowhai .. .. . . . . 374 Rates, Mangatu Nos. 5 and 6 161 2 5 Tangotete No. 1 .. .. .. 5 Rates, Mangaokura No. 1 .. 4 4 5 Tangotete No. 2 . . .. . . 75 Interest .. .. .. 2,285 7 6 Te Kuri .. .. .. .. .. 216 Management and office expenses .. •• 31 12 9 24,159 2,482 7 1 — j I Value, £34,957. Balance at debit, 31st March, 1924 ..£48,109 6 1 ,

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Statements of Account for the Vioai. ended Slst March, 1924 --continued. Pakowhai Farm. Mangafoikh A. Credits. , , £ s. d. £ s( | £ s ,| Balance at debit, 31st March, 1923 .. 317 13 IO Sheep and mutton sold .. 1,304 2 4 Cattle sold .. .. 880 16 4 Payments. Wool sold .. .. 257 10 7 £ s ' (l - Skins, hides, &c. .. .. 14 0 8 Land-tax, 1923-24 .. .. 180 14 7 Fencing (half share boundary) 15 7 0 Interest .. .. .. 013 5 Pelts unrealized 68 4 0 Management and office expenses IS I 0 Wool unrealized .. .. 40 15 0 1!,! > 9 ° Mutton unrealized .. .. 204 0 0 " 2,851 2 ll 517 :i 4 Receipts. Debit*. Rents __ .. 722 IS 0 Balance at debit, 31st March, Reduction of land-tax a.sscss--1923 .. .. .. 244 16 5 ment for the year 1922 23 203 11 7 £ s. d. 9SO HI I Seed .. .. 51 3 8 Fencing .. ..75 5 4 Balance at, credit, 31st March, 1924 ..£-109 0 9 Trees . . ..100 Hardwood .. 6 10 2 133 ,q 2 Area of block, 16,420 acres. Value, £39,798. Wages and droving .. 203 7 0 Station requisites .. .. 13 17 0 Shoeing and repairs .. 12 14 0 Cattle bought .. .. 402 0 0 Sheep bought .. .. 872 4 0 Manoapoikio 2a 3. Horses bought .. .. 15 1.5 0 E s il _^ a 1f a •• •• •• "$ Jf X -2 Balance at credit, 31st March, 1923 .. 1,172 11 0 Cartage .. . . ~ 2 10 9 Freezing and potty charges 6 8 4 Receipts. Interest . . . . ..619 ' _ sll Management and office ex- Ren(s B(i2 ' 4 ,', a Ijenses1 jenses oco interest 83 0 2 Shearing .. .. .. 12 16 8 i.ir- ii. .> 2,000 5 2 _________ Balance at credit, 31st Maroh, 1924 .. £850 17 9 ~„, „,. ~' 4IS ' 8 ~" "" Kates . . . . ..1047 Live-stock on farm, 31st March, 1924— Land-tax .. .. 98 11 0 £ X - 'I- Management and office expenses 21 II 1 184 sheep .. .. 100 5 0 130 7 2 40 bullocks . . .. 200 0 0 1 liorso .. .. 15 15 0 Balance, at credit, 31st March, 1921 ..£2,287 14 0 £382 0 0 — -—r Area of block, 9,438 acres 3 roods 22 perches. Value, £21,995. Tv Kuri. Payments. £ s d ~ , ... . ,', Maniiacoiku B. Kates . . . . . . . . .. .13 7 0 ~ v. 7 a I S. 11. ?T , 1",,. " " "ok n ! Balance at credit, 31st March, 1923 .. 227 10 0 Management and office expenses .. ... 25 0 O ' Balance at debit, 31st March, 1924 .. £45 8 0 Receipts. I S. (I. Entries of To Kuri accounts for previous years have j:' .'.' ._ been included in Principal-security Block Account, and Interest are being adjusted. 254 13 0 Mangaheia 2d. Payments. £ s. d. Management and office expenses .. .. (17 0 Balance at credit, 31st March, 1923 .. 2,887 13 4 Balance at credit, 31st March, 1924 .. £254 5 0 Receipts. —i £ s. d. Renta . 1 759 2 2 Area of block, 383 acres 38 perches. Value, £1,018. Interest .. .. .. '176 12 8 —— 1,935 14 10 4,823 8 2 Mangapo.kk 2b. Payments. (. , Maori Soldiers' Fund .. 200 0 0 _, ~ , ... ~. ~, . ._„_,., - ..... ,'.,' ~ ,_,,,,,... , .£____ ... ~ Balance at debit, 31st March, H123 .. 0,601 l.i 9 Rent to beneficiaries .. 1,485 10 0 Land-tax .. .. 275 I 9 „ B (| Management and office ex- Payments to beneficiaries .. 400 0 ti penS6S 4319 % 00111 9 Interest 28115 4 z ' w * il J 081 15 4 Balance at credit, 31st March, 1924 . .£2,818 a( 31gt Ma| , c urn £6,283 9 1 Area of block, 5,965 acres 3 roods 16 perches. Value, £39,858. Area of block, 3,024 acres. Value, £11,294.

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Statements of Account for the Year ended 31st March, 1924 —continued. Mahubahoi Fabm. Marabtaha No. 2, Secs. 3 and o. £ s. d. £ s. d. Balance at debit, 31st March, 1923 .. 230 15 9 Balance at debit, 31st March, 1923 .. 2,485 10 10 Debits. Payments. £ s. d. £ s - d - Grass-seed .. .. 57 (i 0 Survey fees .. . . 11110 Fencing .. .. 118 6 0 Land-tax .. .. .. 418 2 175 12 0 Interest .. .. .. 120 3 0 Sheep bought .. .. 575 (j 0 Management and office expenses 5 7 5 Cattle bought .. .. 7 0 0 141 19 7 Goats bought .. .. 3,'} 10 0 Wages .. .. .. 353 0 0 , 2, 027 10 5 Droving .. .. .. 28 2 (i Receipts. Shearing .. .. .. 96 7 (i Rcllt •• •• .. 188 15 8 Board for wages-men .. 70 10 0 Interest .. .. 24 0 0 Insurance .. .. 11 15 0 212 15 8 Cartage .. .. 34 0 0 Station requisites .. .. 36 4 4 Balance at debit, 31st March, 1924 .. £2,414 14 9 Rates .. .. .. 162 9 5 ' 1 Wool charges .. .. 24 19 3 Area of block, 4,658 acres. Value, £29,842. Telephone .. .. 3 15 2 _____ Interest .. .. .. 24 I I 2 Management and office ex- Maraetaha No. 2, Secs. 3 and 6 (Patemaru Farm). penses .. .. .. 176 3 6 £ s. d. 1,637 13 10 Balance at debit, 31st March 1923 .. 9,888 4 2 2,050 1 7 Debits. Credits. , , ... . s ' ' Sheep sold .. .. 1,562 0 8 Bushfellnig .. .. 461 8 0 Skins sold .. .. 15 0 I Scrubcuttmg .. .. 169 210 Advances against wool .. 457 8 7 encing .. . ; .. ,>7 [2 4 Wool sold .. .. 436 15 0 Grass-seed and sowing .. 469 11 5 Wool unrealized .. .. 52 11 5 Water-pipes and laying same 48 7 4 <> rcoo ir, q 1,200 1 11 lo " Sheep bought .. .. 378 0 0 Balance at credit, 31st March, 1924 .. £473 14 2 £ attle b ,° Ugh A " '' 24 „ ® _ Horses bought .. .. 9 0 0 Wages -and droving .. 399 3 2 t ■ „ 1, „ qi j -ii/r i Ino/l Fire, marine, and accident Live-stock on farm, 31st March, 1924- ( insurance .. .. 42 5 5 3,814 sheep .. .. 2,525 5 0 Furnishing allowance .. 15 0 0 559 cattle .. .. 2J 26 0 0 Repays and shoeing .. 10 13 6 4 horses .. .. 50 0 0 '' • u " " Ji a Station requisites .. . . 108 15 9 CA 7m K n Fencing repairs .. .. 14 10 0 t4 ' /UJ J u Chaff and oats, &c. .. 21 10 2 Cartage .. .. .. 314 4 Plant and tools .. .. 15 10 1 Mangapoike 2d. £ K(L Shearing and wooUharges" 1.39 18 Balance at debit, 31st March, 1923 .. 1,196 6 4 Sul-veyTpenses !! " 68 8 „ , Management and office exPayments. .. .. 95 10 4 , , , * , s ; „ Interest .. .. .. 549 6 2 Land-tax .. .. .. 25 14 3 « ,«i to n Interest .. .. .. 78 12 7 ld ' Management and office expenses 317 0 _ _ ha°nd, 31st March, 108 3 10 1923 799 16 4 1,304 10 2 Wages, packing.. .. 241 2 0 Receipts. l ' o4o 18 4 Rents .. .. .. 153 15 10 .. or „ Amount paid Maori Soldiers' ~ ~ ' Fund, now transferred to q . „ ■ lecis. ~ v . „ .. ~ „ Surplus oil wool unrealized, Mangaheia 2d .. .. 44 9 0 31st March, 1923198 4 10 . £ 8. d. Balance at debit, 31st March, 1924 .. £1,106 5 4 Vahled'at " *>8 'o 0 , 15 3 Area of block, 5,419 acres. Value, £10,779. Wool sold .. .. 56 1 6 Advance against wool .. 491 3 6 Sheep sold .. .. 1,314 1 4 Mangapoike 2e. battle sold .. .. 559 16 4 £ s. d. Horses sold • • • • 33 0 0 Balance at credit, 31st March, 1923 .. 96 211 Pack saddles sold .. 10 0 0 Mutton and lamb sold .. 96 9 2 Receipts. Skins sold .. .. 35 13 4 £ s ( j Wool unrealized, 31st March, Rents .. .. .. 117 19 2 t, 1924 ,; - ~ " " 384 0 2 Interest .. .. .. 4 8 4 Posts sold (old stock) .. 18 18 0 122 7 6 3,060 18 7 9is in s Splitting Account— Payments. " ' ° P ° sts andbat " £«■ d - Land-tax 22 17 4 ' ens sold ■ • 7(51 2 Management and office expenses 219 0 Interest .. 16 19 6 6 , Strainers on hand 237 10 0 25 16 4 1,015 12 4 Balance at credit, 31st March, 1924 .. £192 14 1 4,076 10 11 . ~, , , 7 , I Balance at debit, 31st March, 1924 ..£lO,lBO 7 1 Area of block, 2,980 acres. Value, £4,470. I

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Statements of Account fok the Year ended 31st March, 1924 — continued. Live-stock on farm, 31st, March, 1924— Pariomata No. 3 FARM. £ s. d. £ s. d. 2,697 sheep .. .. 1,65119 0 Balance at credit, 31st March, 1923 .. 11,061 10 7 248 cattle .. .. 816 0 0 10 horses .. .. 65 0 0 Credits. £2,532 19 0 Surplus on wool unrealized at - 31st March, 1923— £ s. d. £ s. d. Realized 395 4 3 Marautaua No. 2, Part Seos. 3 and 0 (New Btjbn). Valued at 82 12 3 £ s. d. 312 12 0 Balance at debit, 31st March, 1923 .. 2,073 11 0 Advances against wool .. 255 810 Wool unrealized . . . . 51 I I 2 Payments. Slice]) sold .. . . 009 18 7 £ s. d. Cattle sold .. .. 495 2 1 Fencing and cutting tracks 179 9 6 Advances against mutton and Sowing seed .. .. 16 0 3 lamb .. .. .. 53 19 0 Interest.. .. .. 157 15 1 Mutton and lamb unrealized 131 0 6 Management and office ex- Interest .. .. ..588 18 2 penses .. .. 7 4 0 2,498 10 It) 360 9 4 13,500 I 5 2,434 0 4 Receipts. Debits. Rent 289 ° ° Grass-seed .. .. 122 19 o Balance at debit, 31st March, 1924 ..£2,145 0 4 Borub -° uttin S •• •• 27 0 0 ——— 149 19 0 Sheep bought .. .. 553 7 0 „ „ __, Cattle bought .. .. 077 18 0 Maraetaha No. 2, Sec. 4. Wages .. .. .. 502 11 3 £ s. d. Drovine 47 1 0 Balance at credit, 31st March, 1923 .. 10,783 8 1 Repairs' 21 2 0 . Shearing . . . . 109 II I , , Receipts. Station requisites .. .. 80 14 0 l " l ' m ' st •• •• '• •■ 638 6 * Cartage and paddocking .. 12 12 0 ii i I-, ~i ... i ,„._. '~, „„_, _, _ Rent of cottage .. .. 51 II 0 Balance at credit, 31st March, 1924 .. £11,322 11 5 Rates 353 9 2 : Telephone .. .. 8 10 0 Mock sold. Insurance and legal expenses 12 2 3 Exchange and bank charges -I II 0 Fencing repairs . . . . 32 4 3 Maungawaru No. 2. Saddlery.. .. OPS 3 £ s d Management and office exBalance at debit, 31st March, 1923 .. 14,238 10 9 penses .. .. 91 15 (I 2,714 1/ ; Balance at oredit, 31st March, 1924 ..£10,845 3 10 Rates .. .. .. 114 11 8 "—' ' Interest .. .. .. 711 18 0 aoa 10 2 Live-stock on farm, 31si March, 192-1 - Balance at debit, 31st March, 1924 ..£15,065 011 , , * 8 ; <*_ ; 2,687 sheep .. .. 1,715 5 0 , , , 258 cattle .. .. 1, 209 0 0 Area of block, 14,802 acres. Value, £5,500. 7 horses .. 140 0 0 £3,064 5 0 Maungawabtj No. 3. £ s. d. Balance at debit, 31st March, 1923 .. 4,404 4 7 Payments. £ s. d. Hates .. .. .. 145 10 S interest . . . . .. 220 4 0 366 0 8 Balance at debit, 31st March, 1924 .. £4,770 5 3 Paremata, Sec. 48. . = 4___=________ £ s - (l--_-_i ~_,_„ , r , „„__ Balance at credit, 31st March. 1923 .. 19 12 9 Area of Block, 18,720 acres. Value, £7,000. Credits. £ s. d. Paremata No. 3. Rent .. .. .. 19 12 0 £ s. d. Interest .. .. .. 19 0 Balance at debit, 31st March, 1923 .. 15,570 4 0 21 1 0 Payments. £ s. d. 40 14 3 Maori Soldiers' Fund .. 77 15 6 Payments. Rates (on account Paramata Management and office exNo. 4).. .. .. 79 511 penses .. .. 0 9 9 Interest ...... 781 10 10 099 938 12 3 —— Balance at credit, 31st March, 1924 £40 4 6 Balance at debit, 31st March, 1924 ..£16,508 16 3 — Area of block, 12 acres 3 roods. Value, £390. Area of block, 1,224 acres. Value, £25,215.

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Statements of Account for the Year ended 31st March. 1924 — continued. PaukiViata, Sec. 04 (No. I Account). Tahora 2c I, Sec. 3 (Waimaiia Farm). £ s. d. £ s. d. Balance at credit, 3J.st March, 1923 .. 14,701 10 5 Balance at debit, 31st March, 1923 .. 12,141 8 7 Credits. Debits. Interest .. .. .. .. 735 13 0 £ s. d. Grass-seed . . .. 226 6I I 15,497 311 Trees .. .. .. 210 0 Scrub-cutting .. . . 53 0 0 Debits. Bushfelling ' .. .. 151 10 0 £ s. d. Fencing .. .. . . 170 3 0 Maori Soldiers .Fund .. 77 15 6 609 15 11 Management and office ex- Sheep bought .. .. 754 7 0 penses .. .. 9 3 0 Cattle bought .. .. 175 15 0 80 19 0 Horses bought .. .. 29 0 0 Wages and droving .. 480 18 9 Balance at credit, 31st March, 1924 ..£15,410 411 Shearing and wool charges .. 89 18 4 —__ Station requisites .. .. 90 19 7 Cartage . . .. .. 119 6 0 Furniture .. .. 14 10 0 Repairs and paddocking .. 17 13 0 Rates .. .. .. 168 3 Ml Paremata. Sec. 04 (No. 2 Account). Stores .. 72 9 3 £ s. d. Turnip-seed .. . . 0 5 9 Balance at credit, 31st March, 1923 .. 660 5 2 Insurance .. .. 12 18 1 Telephone .. .. Ll 16 5 Credits. Survey fees .. .. 17 19 0 £ s. d. Management and office ex Rents .. .. .. 300 18 0 penses .. .. 129 10 3 Interest .. .. .. 37 II 7 Interest .. .. 924 4 9 404 10 1 3,121 10 0 1,064 15 3 15,873 1 0 Credits. Debits. Surplus on wool unrealized, Land tax .. .. .. .. 28 8 0 31st March. 1923— £ ;■:,. d. Balance at credit, 31st March, 1924 .. £1,030 7 3 Realized .. I 032 19 3 — Valued at .. '024 0 0 Area of block, 2,380 acres. Value, £9,550. 408 19 3 Advances against wool .. 512 14 4 Woold sold .. .. 75 9 9 Wool unrealized . . .. 167 5 8 Cattle sold .. .. 183 15 0 Paremata, Sees. 73 aj,d 73a. Sheep sold .. .. 1,473 18 3 £ s. d. Skins and hides sold .. 26.19 3 Balance at debit, 31st March, 1923 .. 214 1 11 2,849 1 6 Payments. Balance at debit, 31st Maroh, 1924 ..£13,023 19 ti £ s. d. —■ Rates .. .. 21 110 . . , , ~ ~. ~, . ~_„, Interest.. .. 15 17 7 Live-stock on lann, ..Ist March. 1 924--Management and offico ex- , ...... . . *._ ?'„ ' ' penses 0 5 0 uT " " ?'ZSS J S 1 „f, , r 241 cattle .. .. 1,070 (I 0 10 horses .. . . 110 0 0 251 6 4 £3,951 16 0 Credits. Rent .. .. .. .. 10 0 0 Balance at debit, 31st March, 1924 .. £241. 6 4 " == "—"~" Te IliiiA Farm. Area of block, 115 acres. Value, £1,012. £ s. d. Balance at debit, 31st March, 1923 .. 333 5 10 Debits. Tahora 2c 1, Sec. 3. - . „ .„„ *' , „ , Crass-seed .. .. 553 8 8 Balance at credit, 31st Maroh. 1923 .. 4,85118 5 '" " '''! '? :! Bushfelling . . .. 715 0 Receipts. Buildill « ■• ■■ 5! » U <> £ _ d ,Sr ' 2 2JI Rents 637 17 ti Nlurop bought .. .. 150 18 9 Reductk land-tax, 1(122-23 10 7 4 Wages and droving .. 295 2 9 Interest 247 15 0 Shearing and wool charges .. 56 7 Id „. Bflfl iq 4 Stores .. .. .. 48 0 5 * Station requisites .. .. 34 7 9 5 747 17 9 ateS 83 7 0 ''''*' v w Cartage .. .. .. 113 18 0 ~ . Grazing .. .. .. 2 0 0 I'liiniients. ._ • „ „ J Itcpairs . . . . . . 2 9 0 Land-tax, 1923-24 .. 150 1I 7 Insurance .. .. 4 4 (i Management and office ex- Interest .. .. .. 47 16 10 penses . . .. 16 4 0 Management and ollicc ex166 15 7 penses . . . . 84 8 5 923 8 3 Balance at credit, 31st March, 1924 ..£5,581 2 2 =- —- 2,108 17 0

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Statements of Account for the Year endicd 31st March, 1924 -continual. Credits. Credits —continued. Surplus on wool unrealized, £ s. d. £ s. d. 31st March, 1923— Live-stock on (arm, 31st March, 1924— £ s. d. £ s. (1. Realized 529 18 4 2,079 sheep .. .. 1,425 14 0 Valued at 344 0 0 217 cattle .. .. 852 10 0 185 18 4 3 horses .. .. 15 0 0 Wool soli I .. .. 58 1.4 0 Advances against wool .. 228 10 I £2,293 4 0 Sheep and mutton sold .. 421 010 —— Skins, pelts, and fat sold .. 33 12 8 Wool unrealized .. .. 91 91 I 1,019 11 10 Balance at debit, 31st Maroh, 1924 ..£1,089 5 2

Tahora 2c 1, Sec. 3.—Recapitulation of the Whole of the Accounts of the Block at the 31st March, 1924.

Tahora 2c 2, Sec.. 2. £ s. d. I Taiioka 2f, Sue. 2. Balance at credit, 31st March, 1923 .. 1,025 6 9 _. , __ ~_ „,___ . , nn _ , * s .-, d : Balance at debit, 31st March, 1923 .. 4,071 3 4 Receipts. £ s. d. Payments. Rents .. .. .. 190 14 2 _ ega ] expenses and Native £s. d. Interest .. .. .. 54 9 2 Land Court fees .. 32 0 (I Pales transferred—refund .. 10 11 5 Land-tax .. .. 31 17 O — 255 14 9 interest .. .. 290 II 1(1 ~ Management and office ex■>2Bl ' 6 penses .. .. 17 10 3 Payments. -j7B g i Rates .. .. .. 22 18 0 Land-tax .. .. .. 35 15 0 1.119 8 5 Management and office ex- Receipts. penses .. .. .. 415 4 Inspection of bush .. .. 50 0 Ke,lts ■■ •• •■ ■■ ni l 0 ' 68 8 10 ~ Balance at debit, 31st March, 1924 ..£3,736 18 4 Balance at credit, 31st March. 1924 ..£1,212 12 8 ■■ Area of block, 11,870 acres. Value, £30,764. Area of block, 3,775 acros. Value, £3,800. Tahora 2c 3, Sec. 2. £ s. d. Balance at credit, 31st March, 1923 ..48,060 9 4 Receipts. £ s . d. Tahora 2f 2 (Papuni Farm). Rent ...... 317 6 £ s. d. Purchase-money, part Lot 2 Balance at debit, 31st March, 1923 .. 10,770 15 11 (balance paid by Crown on adjustment! '.. .. 4 9 8 Debits. Interest .. .'. 2,403 t) 0 £ s. d. 2,411 7 8 Grass-seed .. .. .. 132 11 9 Lucerne and rape-seed .. 18 5 4 50,471 17 0 Sheep bought .. .. 251 9 6 Pay mini*. I Cattle bought .. .. 124 0 0 Rates .. .. .'. 58 4 1 Station requisites .. 131 7 8 Legal expenses .. .. 115 3 I Wages .. .. .. 578 17 3 inspection of bush .. 5 o (I Droving .. .. 40 17 0 Management and office ex- Shearing .. .. 127 2 3 penses .. .. 42 12 9 Stores .. .. .. 195 3 4 221 0 2 Fencing repairs .. .. 42 4 0 Cartage.. .. .. 123 15 3 Balance at credit, 31st March, 1924 ..£50,250 16 10 Wool and sheep charges .. 58 11 1 1 Rates .. .. .. 130 15 5 Area of block, 1,470 acres. Interest .. .. 807 7 9 Repairs and grazing .. 10 3 8 Insurance .. .. 6 2 0 Tahora 2o 3, Sec. 2 (Freehold Account). Management and office ex- £ s. d. penses .. .. 107 0 7 Balance at debit, 31st March, 1923 ..£18,358 17 0 2,873 9 I This balance represents the excess of purchase-money received over and above the book value of the block. 13,782 10 9

Balance, 31st March, 1923. j Transactions. Balance, 31st March, 1924. Account. j j Dr. Cr. i Or. Cr. Dr. , Cr. £ s. d. £ s. d. ! £ s. d. £ s. d. £ s. d. £ s. d. WaimahaFarm .. 12,141 8 7 .. 3,731 12 5 2,849 1 6 13,023 19 6 Huia Farm .. .. 333 5 10 .. j 1,775 11 2 1,019 11 10 1,089 5 2 Firm totals .. 12,474 14 5 .. I 5,507 3 7 3,868 13 4 14,113 4 8 ! Current Account .. .. 4,851 18 5 166 15 7 895 19 4 .. 5,581 2 2 Totals .. 12,474 14 5 4,851 18 5 j 5,673 19 2 4,764 12 8 14,113 4 8 | 5,581 2 2 Area of block, 22,065 acres. Value of block, £41,157. Value of live-stock, £6,245.

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Statements of Account for thf, Vicar ended 31st March, 1924-— continued. Credits. Whaitiri No. 2. Surplus on wool unrealized, £ s. d. £ s. d. £ s. d. 31st March, 1923— Balance at credit, 31st March, 1923 .. 794 11 2 £ s. d. Realized .. 1,355 19 8 Receipts. Valued at . i 668 0 0 £ s. d. 687 18 9 Rent .. .. .. 330 0 0 Wool sold .. .. 2,203 13 1 Interest .. .. .. 35 13 0 Sheep sold .. .. 1,171 9 9 365 13 0 Cattle sold .. .. 600 16 11 — Horses sold .... 40 0 0 1,160 4 2 Skins sold .. .. 3 16 1 Payments. 4,707 14 7 Transfer to Distribution Account for payment to beneBalance at debit, 31st March, 1924 .. £9,075 2 2 ficiaries .. .. .. 426 0 0 _______=_____=__ Land-tax .. .. .. 5 15 0 Live-stock on farm, 31st March, 1924— Management and office expensos 8 5 0 £ s. d. 440 0 0 4,368 sheep .. .. 2,914 0 0 361 cattle .. .. 1,245 0 0 Balance at credit, 31st March, 1924 .. £720 4 2 11 horses .. .. 70 0 0 __________ ■?4~229 fi 0 Area of block, 426 acres. Value, £1,565. Tahora 2a, Sec. 2. £ s. d. Balance at debit, 31st March, 1923 .. 394 17 9 Payments. Maraetaha Id (Te Kopua Farm). £ s. d. £ s. d. County rates .. .. 15 13 5 Balance at debit, 31st March, 1923 .. 16,160 0 11 Interest .. .. .. 19 15 0 ■ 35 8 5 Debits. — £ s. d. Balance at debit, 31st March, 1924 .. £430 0 2 Grass-seed .. .. 131 12 0 Scrub-cutting .. .. 113 9 0 Area of block, 1,346 acres. Value, £1,346. — — 245 1 0 Fencing .. .. .. 120 14 10 Sheep bought .. .. 1,792 2 4 Tawapata South No. I. Cattle bought .. .. 1,129 0 6 £ s.d. Horses bought .. .. 12 0 0 Balance at debit, 31st March, 1923 .. 814 15 1 Wages and drovim? .. 490 19 9 Shoaring and wool, charges .. 138 0 5 Payments. \?{ ve an d accident insurance 16 5 2 £ M - d. Station requisites .. .. 114 17 9 Land-tax .. .. .. 55 4 8 Stores .. .. .. 75 3 1 Interest .. .. .. 56 0 5 Shoeing and repairs .. 24 13 11 Management and office expenses 15 0 0 Cartage .. .. .. 32 4 2 *■ 126 5 1 Rates .. .. . . 226 3 8 Rent .. .. .. 289 0 0 941 0 2 Charges on meat .. . . 24 15 11 Receipts. Travelling-expenses .. 617 6 Rent .. .. .. .. 600 0 0 Telephone .. .. 15 12 3 Interest .. .. .. 1,370 2 6 Balance at debit, 31st March, 1924 .. £341 0 2 Management and office ex- ' ' ■"= penses .. .. 184 9 8 Area of block, 4,376 acres 2 roods 5 perches. Value, g 063 9 5 £12,000. ___. 1 _ 22,468 11 4 „. , , Credits. Whangawi-TH Ib 10. £ s. d. Surplus on wool unrealized, Balance at debit, 3.lst March, 1923 .. 8,826 16 5 31st March, 1923— £ s. d. Payments. Realized .. 524 17 11 £ s. d. Valued at .. 137 14 1 Car-hire .. .. .. 25 0 6 387 310 Legal expenses .. .. 19 2 9 Wool sold .. .. 1,072 16 0 Land-tax .. .. 12 10 0 Advances against wool .. 315 15 5 Interest .. .. .. 29 7 8 Sheep and mutton sold .. 2,094 8 8 Management and office ex- Cattle sold .. .. 1,147 12 9 penses.. .. .. 22 18 3 Skins and hides, &c, sold .. 110 18 7 Transfer to Distribution Ac- Mutton unrealized .. 237 15 0 count for payment to bene- Wool unrealized .. .. 98 611 ficiaries .. .. 3,003 16 0 Pelts unrealized .. .. 61 8 10 ; M l2 13 8 5,532 6 0 6,939 10 I Balance at debit, 31st March, 1924 .. £16,936 5 4 Receipts. ~ —■ — £ S. d. Live-stock on farm, 31st March, 1924— Rent .. .. .. 116 12 6 £ s. d. Purchase-money .. .. 7,21018 3 4,764 sheep .. .. 3,205 10 0 7,327 10 9 419 cattle .. .. 1,414 0 0 JO horses .. .. 50 0 0 Balance at credit, 31st March, 1924 .. £388 0 8 —"—— £4,069 16 0 Block sold. i

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Statement of Live-stock depastured on Farms, 31st March, 1924.

Summary. £ s. d. 24,632 sheep, valued at .. .. .. .. 16,370 0 0 2,343 cattle, valued at .. .. .- .. 8,938 10 0 56 horses, valued at .. .. .. .. 515 15 0 £25,824 5 0 Auditor's Certificate. Sir, — Wellington, 15th September, 1.924. I have to report that I have completed the audit of the accounts of the East Coast Native Trust lands for the year ended 31st Maroh, 1924, and have the following comments to make thereon : —■ Stock Account. —l have accepted without reservation the statement of live-stock at the various farms, as certified to by Mr. H. Syme, Farm Superintendent, and by Mr. J. Harvey, Agent for the East Coast Commissioner at Gisborne. There is a slight discrepancy in the live-stock at the Paremata Farm. The Farm Superintendent has been instructed to give this matter his attention, and report thereon. Kopua Farm. —-The following items are included in this statement, namely : Grass-seed, £131 12s. ; fencing, £120 14s. lOd. This expenditure has been incurred on behalf of the new burn, and an adjustment has been made during the course of the current year, the effect of which is to reduce the loss shown by the Kopua Farm. Fencing. —l have to report that in my opinion a clear distinction should be made between what is known as repairs to fencing and new fencing, the one being a revenue charge and the other being a charge against capital. Standardized form of Accounts for Farms. —I have consulted with the East Coast Commissioner's representative at Gisborne and suggested to him that the form of accounts for the farms should be standardized, in order that a comparison may be made between the various farms. At the present time this is impossible. I may add that he is agreeable to this course, and the accounts next year will, I hope, be detailed in accordance with my recommendations. Whangawehi lb lc. — With regard to Whangawehi 1b Ie, the surplus on sale of this block was paid to the Native Land Department for distribution to the Natives. As the Native Land Department accounts are audited by a Government Auditor who is stationed at Gisborne, I did not think it necessary to go beyond the receipt given by the Native Land Department to the East Coast Commissioner for the surplus moneys received by them for distribution. In order to avoid duplication, 1 have arranged, with the consent of the East Coast Commissioner, for the Government Auditor to check the individual payments. Te Kuri.— A separate statement is now shown for this block. In previous years any transactions in connection with this block have been, charged to principal security. These items are now being extracted, and when completed an adjustment between these two blocks will be made in order to show the correct position. HI Tahora 2c 3, Sec. 2. —As mentioned in the last year's report, this freehold account stills show a debit balance of £18,358 17s. 6d. I understand, that a fresh valuation is now being made, and this account will be adjusted in the present year. Subject to the foregoing remarks, I certify that to the best of my knowledge and belief the accounts are correct. Enclosed please find a set of the accounts for the year ended 31st March, 1924. I am, &c, Arthur T. Clarke, Auditor. The Hon. the Minister of Natives Affairs, Wellington.

Approximate Cost of Paper. —Preparation not given ; printing ( 475 copies), £13 10s.

Authority : W. A. G. Skinner, Government Printer, Wellington. — 1924.

Price 6d.]

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Farm where depastured. Sheep. Cattle. Horses. Total. Total Value. Number. Value. Namber. Value. Number.1 Valae. Number. Te Huia Mahurangi Pakowhai Papuni Paremata Patemaru Te Kopua Waimaha 2,079 3,814 184 4,308 2,687 2,697 4,764 4,039 £ s. d. 1,425 14 0 2,525 5 0 166 5 0 2,914 0 0 1,715 5 0 1,651 19 0 3,205 16 0 2,765 16 0 217 559 40 361 258 248 419 241 £ s. d. 852 10 0 2,120 0 0 200 0 0 1,245 0 0 1,209 0 0 816 0 0 1,414 0 0 1,076 0 0 3 4 1 11 7 It) Hi Ml £ s. d. 15 0 0 50 0 0 15 15 0 70 0 0 140 0 0 05 0 0 50 0 0 110 0 0 2,299 4,377 225 4,740 2,952 2,955 5,193 4,290 £ s. d. 2,293 4 (J 4,701 5 0 382 0 0 4,229 0 fl 3,004 5 fl 2,532 19 fl 4,069 16 0 3,951 16 (I Totals 24,632 16,370 0 0 2,343 8,938 10 0 56 515 15 0 27,031 25,824 5