Papers Past | Parliamentary Papers | Appendix to the Journals of the House of Representatives | 1927 Session I | PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1926-27.

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1927. NEW ZEALAND.

PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1926-27.

PRESENTED TO PARLIAMENT IN ACCORDANCE WITH THE PUBLIC REVENUES ACT, 1926, AND THE NEW ZEALAND CONSTITUTION ACT.

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00NTE N T S. ABSTRACT OF THE PUBLIC ACCOUNTS:— Receipts and Expenditure compared with Year 1925-1926, — Consolidated Fund— page Ordinary Revenue Account .... .. .. .. .. .. 4 Nauru and Ocean Islands Account .. .. .. .. .. .. 12 Nauru and Ocean Islands Sinking Fund Account .. .. .. .. .. 12 Accounts of Local Bodies .. .. .. .-. .. .. .. .. 12 Deposit Accounts .. .. .. .. .. .. .. ■. .. 14 Public Works Fund :— General Purposes Account .. .. .. .. .. .. .. 16 Waihou and Ohinemuri Rivers Improvement Account .. .. .. .. 20 Electric Supply Account .. .. .. .. .. .. .. .. 22 Electric Supply Sinking Fund Account .. .. .. .. .. .. 22 Other Accounts :— Advances to other Governments Account .. .. .. .. .. .. 24 Bank of New Zealand Acts Account .. .. .. . . .. .. 24 Bank op New Zealand Shares Account .. .. .. .. .. .. 26 Cheviot Estate Account .. .. .. .. .. .. .. .. 26 Conversion Account .. .. .. .. .. .. .. .. 28 Deteriorated Lands Account .. .. .. .. .. .. .. 28 Discharged Soldiers Settlement Account .. .. .. .. .. 28 Discharged Soldiers Settlement Loans Act 1920 Depreciation Fond Account. .. 32 Education Loans Account .. .. .. .. .. .. .. . . 32 General Purposes Relief Account .. . " .. 34 Hauraki Plains Settlement Account .. .. .. .. 34 Howard Estate Account .. .. .. .. .. .. .. .. 36 Hunter Soldiers' Assistance Trust Account .. .. .. .. .. 36 Hutt Valley Land Settlement Account .. .. .. .. .. .. 36 Kauri-gum Industry Account .. .. .. .. .. . .. 36 Land Assurance Fund Account .. .. .. .. 38 Land for Settlements Account .. .. .. .. .. .. .. 38 Land for Settlements Account (Discharged Soldikrs Settlement Account) .. 40 Land for Settlements Account (Opening up Crown Lands for Settlement) .. 42 Loans Redemption Account .. .. .. .. .. .. .. 42 Main Highways Account Revenue Fund .. .. .. 56 Main Highways Account Construction Fund . . . . 58 Mining Advances Account .. .. . ■ .. 58 National Endowment Account • ■■ ... .. 60 National Endowment Trust Account' .. .. .. 60 Native Land Settlement Account .. . . 60 Public Debt Repayment Account . .. .. .. .. .. 64 Railways Improvement Authorization Act 1914 Account .. .. .. 64 Rangitaiki Land Drainage Account .. .. .. .. .. 66 Reserve Fund Account .. .. .. .. .. .. .. .. 68 Samoan Loan Suspense Account .. .. .. .. .. .. .. 68 State Advances Loan Account .. .. .. .. .. .. .. 68 State Coal-mines Account .. .. .. .. .. .. .. .. 70 State Coal-mines Sinking Fund Account .. .. .. .. TO State Forests Account .. .. .. .. .. .. .. .. 72 Swamp Land Drainage Account .. .. .. .. .. .. .. 74 War Expenses Account .. .. .. .. . . .. .. .. 74 Westport Harbour Account .. .. .. .. .. .. 76 Working Railways Account .. .. .. .. .. .. .. 76 New Zealand Consols Account .. .. . .. .. .. .. 78 Public Account Cash Balance Investment Account .. .. .. 78 Summary of Balances .. ... .. .. .. .. .. . . 80 Summary showing Net Expenditure compared with Year 1925-26 .. .. .. 81 NET ISSUES COMPARED WITH THE SUMS VOTED UNDER APPROPRIATION ACT, 1926 .. 84 CIVIL LIST ACT, 1920 .. .. ... .. .. .. .. .. .. .. 90 UNAUTHORIZED EXPENDITURE ACCOUNT:— Consolidated Fund— Ordinary Revenue Account .. .. .. .. .. .. .. .. 94 Public Works Fund— General Purposes Account .. .. .. .. .. .. .. .. 97 Land for Settlements Account .. .. .. .. .. .. .. .. 97 State Forests Account .. .. .. .. .. .. .. .. 97 State Coal-mines Account .. .. .. .. .. .. .. .. 98 Westpobt Harbour Account .. .. .. .. .. .. .. .. 98 Working Railways Account .. .. .. .. .. .. .. .. 98 State advances Account .. .. .. .. .. .. .. .. .. 98 Surplus Credits-in-aid applied in Terms of Section 51, Subsection (3), of the Public Revenues Act, 1926 .. .. .. .. .. .. .. .. .. 98 SUMMARY .. .. .. .. .. .. .. .. .. .. .. 98 EMERGENCY EXPENDITURE ACCOUNT .. .. .. .. .. .. ..100 SUMMARY OF CERTIFIED STATEMENTS OF LIABILITIES .. ..102

ABSTRACT OP THE Revenue and Expenditure OF THE PUBLIC ACCOUNT OF NEW ZEALAND FOE THE YEAR ENDED 31st MARCH, 192 7, COMPAKED WITH THE YEAR ENDED 31ST MARCH, 1926. Note.—ln these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 31.

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PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926.

1925-1926. RECEIPTS. 1926-1927. £ s. d Balanoe at beginning of Year, — s - d. a. d. 1,113,219 4 4 Gash in the Public Account .. .. .. .. •• •• 2,343,167 17 10 Imprests outstanding — 33,255 4 4 In the Dominion 65,723 8 9 271,395 16 7 In London .. .. .. .. .. •• •• •• 160.086 i8 7 >,732,935 11 3 Investment Account .. .. .. .. •• •• •• i,oo»,o<i 0 d j t oog Q g 1,150,805 16 6 Ordinary Revenue, — £ s - 8,383,876 16 2 Customs .1 .. .. .. .• •• 8,252,574 15 0 3,359,867 12 4 Stamp and Death Duties .. .. .. .. 3,379,016 0 7 3,077,734 17 7 Postal and Telegraph .. .. .. .. 3,226,558 2 3 1,266,659 0 3 Land-tax .. .. .. .. .. .. 1,229,067 7 6 3,368,516 4 1 Income-tax .. .. .. .. •• 3,422,215 15 5 '629',557 18 11 Beer Duty .. .. .. , •• 621,812 14 5 195,681 5 6 Registration and other Pees .. .. .. 199,143 19 8 106,695 13 2 ■ Marine .. .. .. .. •• •• 110,834 3 2 605,060 11 9 Interest on Public Moneys .. .. 601,220 0 5 1 913,310 14 9 Interest on Railway Capital Liability .. .. 2,043,433 0 4 '897'756 8 11 Interest on the Publio Debt Redemption Fund .. 863,941 15 5 19,961 8 9 Local Bodies'Loans Act, 1908, Section 76 .. .. 13,938 12 7 23,570 18 4 Rents of Buildings .. .. .. .. 26,816 2 8 56 733 18 3 Tourist and Health Resorts .. .. .. 63,101 14 11 48'998 7 7 Miscellaneous .. .. .. .. .. 58,121 6 7 — 24,111,795 10 11 23,953,981 16 4 202,429 7 1 Territorial Revenue .. .. .. .. .. .. .. .. 202', 186 8 10 24,156,411 3 5 ' 24,313,981 19 9 Departmental Receipts,— £ s. d. 228,674 13 10 Printing and Stationery Department .. .. .. 270,479 4 11 172,022 12 9 Justice Department .. .. .. .. .. 190,601 5 6 108,690 16 3 Stamp Duties Department .. .. .. .. .. 106,970 19 1 9,321 8 1 Native Department .. .. .. .. .. 8,148 16 7 576,200 6 1 518,709 10 11 £ s. d. 48,406 7 7 Recoveries on account of Expenditure of previous Years .. 52,924 4 2 Recoveries on account of Unauthorized Expenditure of Previous 2,235 7 10 Years 52 g24 4 2 50,641 15 5 ' 24,943,106 10 0 28,876,568 6 3 Carried forward .. .. .. .. .. .. 29,371,198 10 5 Note. —In these accounts thecredits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924—25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

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PUBLIC ACCOUNTS, 1 926-1 927

ORDINARY REVENUE ACCOUNT.

19 r 5 rnf 26 ' EXPENDITURE. | 1926-1927 Gross. Gross. £ s. d. Permanent Appropriations,— £ s. d. £ s. d. 29,084 8 5 Civil List.. .. .. .. .. .. .. .. .. 31,054 8 0 —-— Debt Services— £ s. d. 10,184,281 4 11 Interest .. .. .. .. .. ..10,594,634 10 6 Amortization of Debt— 7,000 0 0 Sinking Fund .. .. .. .. .. 7,000 0 0 872,733 16 0 Repayment of the Public Debt Act, 1925, Section 11 .. 941,529 4 4 Transfer to Loans Redemption Account for reduction of 333,288 15 4 Funded Debt Repayment of Funded Debt .. .. .. .. 350,074 8 0 !____ 11,893,258 2 10 11,397,303 16 3 Under special Acts of the Legislature— Subsidies paid to Local Bodies— £ s. <3. 184,072 16 10 Appropriation Act, 1916, Section 9 .. .. .. 183,580 16 5 28,117 1 6 Municipal Corporations Aot, 1920, Section 72 .. 28,437 17 8 Hospitals and Charitable Institutions Aot, 1926 Subsidies paid to Hospital Boards and Charitable Institutions .. .. .. .. .. .. 217,757 13 6 Hospitals and Charitable Institutions Acts, 1909, 1910, and 1913— 575,776 12 5 Subsidies paid to Hospital Boards and Charitable Institutions 392,740 9 1 10,000 0 0 Subsidy paid to Jubilee Institute for the Blind .. .. 4,933 0 5 Appropriation Act, 1925, Section 15- — Cost of Maintenance of Overseas War-graves and Memorials 36,655 6 9 Land Act, 1924, Sections 139 and 358— " Halves," " Thirds," and " Fourths " paid over to Local 13,456 19 6 Bodies'Deposit Accounts .. .. .. ,. 12,232 6 6 Finance Act, 1925, Seotion 8 — Refund to Racing Clubs of Proportion of Totalizator Duty 31,174 0 5 Finance Act, 1925, Section 48 (British and South Seas 10,000 0 0 Exhibition).. Imprest Supply Act, 1925, Section 2 (British and South 30,000 0 0 Seas Exhibition) Endowments— 5,555 13 1 New Plymouth Harbour Board Endowment Act, 1874 .. 4,153 11 3 Government Railways Amendment Act, 1925, Section 4 — Subsection 1 (b) (Interest on Liability to Working Railways 1,945 10 8 Account) Subsection 1 (d) (Losses on Isolated Sections and Branoh 344,829 18 7 Lines) .. .. .. Government Railways Act, 1926, Section 37 (lb) — Losses on Isolated Sections and Branch Lines .. .. 429,068 2 7 Appropriation Act, 1926, Seotion 14 (Fruit Export Guarantee) 82,618 12 6 Samoa Act, 1921, Section 364 (4) (Cost of Purchase of Samoan Treasury Notes) .. .. .. .. 15,000 0 0 Native Trustee Aot, 1920, Section 17 — Advanoe to Native Trustee's Aocount .. .. .. 10,000 0 0 Pensions Act, 1913 — 863,750 12 10 Old-age Pensions .. .. .. .. .. 611,386 3 1 285,658 2 6 Widows'Pensions .. .. .. .. .. 200,548 2 11 23,087 3 8 Military Pensions .. .. .. .. .. 13,321 13 5 40,203 8 9 Miner's Phthisis Act, 1915 .. .. .. .. 27,746 6 7 Pensions Amendment Aot, 1924 — 8,040 0 8 Pensions for the Blind.. .. .. .. .. 6,851 1 3 Pensions Act, 1926— Old-age Pensions .. .. .. .. .. 329,962 5 9 Widows'Pensions .. .. .. .. .. 100,532 1 1 Pensions for the Blind.. .. .. .. .. 3,452 8 5 Miners'Phthisis .. .. .. .. .. 14,201 0 10 Military Pensions .. .. .. .. .. 6,124 0 9 1,179,556 17 11 War Pensions Act, 1915 .. .. .. .. .. 1,122,740 12 6 Superannuation Payments— Finanoe Act, 1925, Section 27 — - - Increased Benefits for Widows and Children of Decaased Contributors .. .. .. .. .. 19,938 1 6 Public Service Classification and Superannuation Act, 1908, 86,000 0 0 Seotion 49 and Amendments (Public Service) .. .. 86,000 0 0 Public Service Classification and Superannuation Amend43,000 0 0 ment Act, 1908, Section 39 and Amendments (Teachers) 43,000 0 0 Public Service Classification and Superannuation Amend25,000 0 0 ment Act, 1909, Section 19 and Amendments (Railways) Discharged Soldiers Settlement Loans Aot, 1920, Section 7 (transfer to Discharged Soldiers Settlement Loans Aot, 50 000 0 0 1920, Depreciation Fund Account) .. .. .. 50,000 0 0 Finance Act, 1921-22, Seotion 13 (transfer to Advanoes to 30,000 0 0 other Governments Account) .. .. .. .. 30,000 0 0 465,296 2 4 Miscellaneous special Aots .. .. .. .. 449,535 11 0' 4,563,691 6 2 4,303,347 1 3 16,488,003 17 0 15,729.735 5 11 Carried forward .. .. .. . .. •• •• 16,488,003 17 0 Note. In these accounts the credits-in-aid (section 51, Public Revenues Aot, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

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PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

I 1925-1926. RECEIPTS. 1926-1927. £ «. d. £ s. d. £ s. d. 28,876,598 6 3 Brought forward .. .. .. .. .. .. 29,371,198 10 5 Credits in reduction, — Permanent Appropriations— Debt Services — £ s. d. 2,054,482 9 9 Interest .. .. .. .. .. .. 2,143,860 14 7 Sinking Fund .. .. .. .. .. 3,000 0 0 Transfer to Loans Redemption Account for reduction of 657 4 1 Funded Debt Repayment of Funded Debt .. .. .. .. 465 16 8 2,147,326 11 3 2,055,139 13 10 — Under special Acts of the Legislature— Finance Act, 1921-22, Section 13 (Transfers to Advances £ s. d. 10,168 2 3 to other Governments Account) Finance Act, 1925 (Section 48), British and South Seas 10,000 0 0 Exhibition Native Trustee Act, 1920, Section 17— Advance to Native Trustee's Account repaid .. .. 10,000 0 0 4 0 8 Pensions Act, 1913 (Widows Pensions) .. 2,498 14 3 Miner's Phthisis Act, 1915 .. .. .. .. 2,047 1 7 Pensions Act, 1926 (Miner's Phthisis) .. .. .. 435 2 1 4 18 4 War Pensions Act, 1915 Public Service Classification and Superannuation Act, 1908, 60,851 6 10 i Section 49, and Amendments (Public Service).. .. 35,496 14 5 Finance Act, 1925 (Section 27) — Increased Benefits for Widows and Children of Deceased j Contributors .. .. .. .. .. 6,081 11 7 \ Samoa Act, 1921, Section 364 (4), (Cost of purchase of Samoan Treasury Notes recovered from Samoan Treasury) 15,000 0 0 4,140 12 2 Miscellaneous special Acts .. .. .. . , 6,672 0 5 i 75,732 10 1 87,668 0 6 2,223,059 1 4 Credits-in-Aid, — 3,235 8 0 Vote —Legislative Departments .. .. .. .. .. .. 7,343 16 11 5,328 11 9 „ Treasury Department .. .. .. .. .. 4,368 0 10 3,500 17 ' 6 „ Land and Income Tax Department .. .. .. .. .. 2,276 12 10 16,419 9 1 „ Stamp Duties Department ... .. .. .. .. .. 12,138, 6 4 15 8 3 „ National Provident and Friendly Societies Department .. .. 12 12 10 643,558 10 10 „ Post and Telegraph Working-expenses .. .. .. .. 673,472 3 7 82,280 18 0 „ Public Buildings .. .. .. .. .. .. .. 87,814 5 4 29 4 7 „ Government and other Domains .. .. .. .. .. 25 0 0 2,700 4 2 ,, Maintenance and Repairs to Roads .. .. .. •• .. 2,957 4 2 49 7 0 „ Maintenance of Irrigation-works, &c. .. .. .. .. 0 12 9 9,416 17 0 ,, Native Department .. .. .. .. .. .. 10,581 11 1 980 17 9 „ Department of External Affairs .. .. .. .. .. 406 4 9 12,716 3 7 „ Cook Islands .. .. .. .. .. .. .. .12,267 0 10 39,755 4 10 „ Department of Industries and Commerce .. .. .. .. 3,918 2 5 12,157 17 „ Department of Justice .. .. .. .. .. .. 13,836 15 6 79,099 6 8 „ Prisons Department .. .. .. .. .. .. 70,915 1 5 1,464 17 1 „ Crown Law Office .. .. .. .. .. .. 836 10 11 6,264 9 3 „ Police Department .. .. .. .. .. .. 7,284 15 10 3,268 16 9 „ Pensions Department .. .. .. .. .. 2,743 5 1 1.160 9 9 „ Mines Department .. .. .. .. .. .. 1,919 19 8 55,031 0 3 „ Department of Internal Affairs .. .. .. .. 67,623 3 10 20,209 3 0 „ Audit Department .. .. .. .. .. .. 22,770 4 3 2.299 2 2 „ Public Service Commissioner's Office .. .. .. .. 3,289 1 4 128,259 5 10 ,, Mental Hospitals Department .. .. .. .. 130,194 18 4 94,026 6 7 „ Department of Health .. .. .. .. .. .. 104,226 1 5 14,442 4 11 „ Naval Defence .. .. .. .. .. .. .. 32,873 0 7 21,391 8 3 ,, Defence Department .. ... .. .. .. .. 31,812 5 5 2.300 15 3 ,, Customs Department .. .. .. .. .. .. 2,383 9 7 6,578 5 9 „ Marine Department .. ., .. .. .. .. 7,850 2 7 1.161 9 7 „ Department of Labour .. ... .. .. .. .. 1,457 5 7 114,139 9 3 „ Department of Lands and Survey .. .. .. .. .. 120,507 7 4 5 0 0 „ Scenery Preservation .. .. .. .. .. .. 102 13 9 7,787 10 11 „ Valuation Department .. .. .. .. .. .. 10,482 6 11 1,946 1 5 ,, Electoral Department .. .. .. .. .. .. 230 11 11 95,892 9 11 „ Department of Agriculture .. .. .. .. .. .. 92,295 12 0 839 18 11 „ Department of Tourist and Health Resorts .. .. •• 1,979 15 0 240,490 3 8 „ Education Department' .. .. .. .. .. .. 245,193 3 1 .. „ Department of Soientifie and Industrial Research .. .. .. 14 1 1,730,204 W 1 1,790,390 10 1 kl,0ty,3f6 0 7 Carried forward .. .. .. .. .. .. 1,790,390 10 1 31,594,257 11 9 ' Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing t)j.e net expenditure will be found on page 81.

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PUBLIC ACCOUNTS, 1926-1927

ORDINARY REVENUE ACCOUNT—continued.

1925-1926. EXPENDITURE. 1926-1927., Gross. Gross. \ £ s. d. £ 8. d. £ s. d. 15,729,735 5 11 Brought forward .. .. .. .. .. ... .. 16,488,003 17 0 Annual Appropriations,— 91,701 19 4 Vote —Legislative Departments ., .. .. .. .. .. 96,535 11 8 „ Prime Minister's Department .. .. .. .. .. 2,467 7 7 il,700 11 4 . Treasury Department .. .. .. .. .. .. 38,954 2 11 69,441 11 6 . Land and Income Tax Department .. .. .. .. .. 57,738 0 7 107,152 16 6 . Stamp Duties Department .. .. .. .. .. .. 113,494 1 7 22,544 2 11 . National Provident and Friendly Societies Department .. .. 23,802 4 1 3,050,349 8 9 . Post and Telegraph Working Expenses .. .. .. .. 3,016,909 17 10 180,515 14 7 . Public Buildings .. .. .. .. .. .. .. 201,057 17 8 5,792 3 4 » Government and other Domains .. .. .. .. .. 6,884 2 6 91,716 11 5 „ Maintenance and Repairs to Roads .. .. .. .. .. 103,167 17 8 5,080 3 3 » Maintenance of Irrigation-works, &c... .. .. .. .. 8,088 3 1 38,710 5 0 . Native Department .. .. .. .. .. .• 38,985 18 6 26,577 13 7 „ Department of External Affairs .. .. .. .. .. 31,387 18 0 42.799 4 6 „ Cook Islands .. .. .. .. .. .. .. 50,323 4 2 145,127 5 0 „ Department of Industries and Commerce .. .. .. .. 52,698 6 8 147,934 4 4 „ Department of Justioe .. .. .. .. .. •• 149,318 9 2 152,794 6 2 » Prisons Department .. .. .. .. .. .• 148,766 8 8 6,446 13 0 „ Crown Law Office .. .. .. .. .. .. .. 6,529 5 1 414,299 12 11 . Police Department .. .. .. .. .. .. .. 417,790 9 6 186,125 18 7 » Pensions Department .. .. ... .. .. .• 175,946 18 6 47,858 0 6 . Mines Department .. .. .. .. .. .. .. 46,703 16 3 429,467 11 4 . Department of Internal Affairs .. .. .. .. .. 470,477 13 3 44,449 4 0 „ Audit Department .. .. .. .. .. .. •• 48,576 10 0 10,160 13 6 , Public Service Commissioner's Office.. .. .. .. .. 10,314 3 9 236,697 19 9 Printing and Stationery Department.. .. .. .. .. 233,204 11 7 400,463 14 11 , Mental Hospitals Department .. .. .. .. .. 405,320 1 4 358,026 2 11 „ Department of Health .. .. .. .. .. .. 355,226 14 2 455,645 111 • . Naval Defence .. .. .. .. .. .. .. 559,896 9 10 480,687 5 1 , Defence Department .. .. .. .. .. .. 525,084 18 8 158,674 7 4 . Customs Department .. .. .. .. .. .. 172,878 6 1 128,578 16 11 „ Marine Department .. .. . • .. •• .. 133,667 4 1 50,844 7 6 „ Department of Labour .. .. .. .. •• 57,183 0 8 291,026 19 7 „ Department of Lands and Survey .. .. .. .. .. 289,870 8 8 20,547 13 3 „ Scenery Preservation .. .. .. .. .. .. 3,891 8 3 59,572 16 0 „ Valuation Department .. .. .. .. .. .. 58,489 2 8 103,655 9 5 „ Electoral Department .. .. .. .. .. .. 10,530 1 3 388,085 18 11 „ Department of Agriculture .. .. .. .. .. .. 414,365 10 8 71,633 11 3 „ Department of Tourist and Health Resorts .. .. .. .. 78,357 11 0 3,120,209 7 1 „ Education Department .. .. .. .. .. .. 3,224,790 11 0 „ Department of Scientific and Industrial Research .. .. .. 3,048 5 3 11,683,095 7 2 11,842,722 13 10 Unauthorized Expenditure,— 54,445 6 7 Services not provided for .. » .. .. .. .. 31,509 19 11 Public Revenues Act, 1926, Section 59, — Emergency Expenditure Account .. .. .. .. .. .. 11,135 16 9 11,885,368 10 6 11,737,540 13 9 - - Appropriation Act, 1926, Section 17, — Transfer to the Bank of New Zealand Shares Account in terms of above Act, first instalment payable for purchase of "C" Long-term Mortgage Shares .. .. 58,593 15 0 ' Finance Act, 1926, Section 8,- — Transfer to Bank of New Zealand Shares Account, representing amount of £750,000 Preference B Shares held at 1st April, 1926 (at cost) .. .. .. .. . 750,000 0 0 Amortization of Debt, —- Transfer to Loans Redemption Account for redemption of Securities matured as. under-— New Zealand Loans Act, 1908— Aid to Public Works and Land Settlement Act, 1902 37,500 0 0 Aid to Public Works and Land Settlement Act, 1903 11,050 0 0 Aid to Public Works and Land Settlement Act, 1907 287,200 0 0 Finance Act, 1915, Section 105 (Public Works) .. Finance Act, 1915 (Section 106), and Aid to Public Works and Land Settle4,050 0 0 ment Act, 1903 New Zealand Inscribed Stock Act, 1917— 7,500 0 0 Aid to public Works and Land Settlement Act, 1907 .. . .. .. .. .; 10.800 0 0 Finance Act, 1915, Section 105 (Public Works) .. .. .. .. .. 410 0 0 Finance Act, 1918, Section 10 (War Expenses) .. .. • .. .. .. " Y r 100 0 0 War Purposes Loan Act, 1917 358,610 0 0 27,825,885 19 8 Carried forward .. .. .. .. .. .. 29,181,966 2 6 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing Hie net expenditure will be found on page 81.

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PUBLIC ACCOUNTS, 1 926-1 927.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the ACCOUNT—continued.

1925-1926. RECEIPTS. 1926-1927. £ s. d. £ s. d. £ s. d. 31,019,376' 0 7 Brought forward.. .. .. .. .. •• 1,790,390 10 I 31,594,257 11 9 1,730,204 19 1 Creditsjin'reduction,— Unauthorized Expenditure - 24,179 18 10 Services not provided for .. .. .. .. ■■ • • 3,596 i 10 Public Revenues Act, 1926, Section 59, — Credits in reduction — Emergency Expenditure Account .. . .. . • .. 361 6 6 1,794,347 18 5 l,754,c84 17 11 186,227 1 4 Reparation-moneys received from Germany .. .. .. .. .. .. 39,307 3 0 Finance Act, 1926, Section 25, — Amount recovered from Cheviot Estate Account in respect of £50,400 3J-per-cent. New Zealand Consolidated Stock, 1940, redeemed and cancelled during financial year, 1925—6 .. .. .. .. •• •• •• •• 50,400 0 0 Temporary transfer to Public Works Fund in terms of Section 56 of the Public 125,000 0 0 Revenues Act, 1910, now restored to the Consolidated Fund .. .. . Public Revenues Act, 1910, Section 39, — 1,250,000 0 0 Treasury Bills issued Finance Act, 1925, Section 11, — 475,991 14 0 Balance of New Zealand Consols Account transferred 857 17 9 Receipts under Section 39 of the Finance Act, 1924 (Stipendiary Magistrates' Pensions) 34,811,837 11 7 Carried forward .. .. .. .. .. .. 33,478,312 13 2 Note. In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction ol expenditure are shown as receipts, and arc not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

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PUBLIC ACCOUNTS, 1926-1927.

ORDINARY REVENUE Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

192 r 5 - 1926 ' EXPENDITURE. ™ 27 - Gross. Gross. £ d, £ s d £ s d 27,825,885.19 8 Brought forward .. .. .. .. .. .. .. 29,181,966 2 6 Amortization of Debt—continued. Transfer to Loans Redemption Account for redemption and cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Securities as under— New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Act, 1921 Finance Act, 1918 (No. 2), Section 30 (Cold Storage) 12,160 0 0 Finance Act, 1920, Section 15 (Public Works) .. Fishing Industry Promotion Act, 1919 Fruit-preserving Industry Act, 1913, and Finance Act, 1917, Section 80 Housing Act, 1919, Section 30 150 0 0 Mining Amendment Act, 1913, and Amendment Act, 1919 131 19 10 New Zealand Consolidated Stock, 1929 (nominal value, £137 6s. lOd.) 42,714 0 0 New Zealand Consolidated Stock, 1940 (nominal value, £50,400) .. New Zealand Inscribed Stook Act, 1917— 3 0 9 Finance Act, 1916, Section 35 (War Expenses) (nominal value, £3 3s. 3d.) 17 1 6 Finance Act, 1918, Section 10 (War Expenses) 151,874 9 7 War Purposes Loan Act, 1917 (nominal value, £158,152 16s. lOd.) 207,050 11 8 Debentures redeemed at maturity— New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Act, 1900, and Finance Act, 1915, Section 106 (due 1st May, 1926) .. .. .. .. .. 100 0 0 Aid to Public Works and Land Settlement Act, 1907 (due 1st January, 1927) 10,000 0 0 Aid to Public Works and Land Settlement Act, 1921 (due 1st February, 1927) 10,000 0 0 Discharged Soldiers Settlement Loans Act, 1920 (due 18th January, 1927) .. 8,950 0 0 Discharged Soldiers Settlement Loans Act, 1920 (due 21st March, 1927) .. 1,900 0 0 Education Purposes Loan Act, 1919 (due 1st January, 1927) .. .. 2,000 0 0 Education Purposes Loan Act, 1919 (due 1st February, 1927) .. .. 15,950 0 0 Finance Act, 1915, Section 105 (Public Works), (due 15th December, 1925).. 6,715 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses)— Due 20th April, 1926 .. .. .. .. .. .. 18,270 0 0 Due 15th May, 1926 .. .. . .. .. .. 66,700 0 0 Due 25th May, 1926 .. .. .. .. .. .. 2,200 0 0 Government Railways Act, 1908, and Railways Improvement Authorization Act, 1904-7 (due 1st January, 1927) .. .. .. .. 3,400 0 0 Hutt Railway and Road Improvement Acts, 1903-5-7-10 (due 1st January, 1927) .. .. .. .. .. .. .. .. 300 0 0 Land for Settlements Act, 1908 — Due 1st January, 1927 .. .. .. .. .. .. 2,400 0 0 Due 1st February, 1927 .. .. .. .. .. .. 4,000 0 0 Land Laws Amendment Act, 1913 (due 26th March, 1927) .. .. 2,000 0 0 Land Laws Amendment Act, 1913 (due 29th March, 1927) .. .. 12,000 0 0 166,885 0 0 Inscribed Stock redeemed at maturity— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917 — Aid to Public Works and Land Settlement Act, 1921 — Due 1st August, 1926 .. .. .. .. .. .. 130 0 0 Due 1st February, 1927 .. .. .. .. .. .. 18,520 0 0 Education Purposes Loans Act, 1919 — Due 1st January, 1927 .. .. .. .. .. .. 700 0 0 Due 1st February, 1927 .. .. .. .. .. .. 3,330 0 0 Finance Act, 1916, Section 35 (War Expenses), (due 1st August, 1926) .. 74,010 0 0 96,690 0 0 Death Duty Stock redeemed — New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917 — 41-per-cent. Inscribed Stock, 1939 (Death Duties) Finance Act, 1918, Section 10 (War Expenses)— Matured 24th April, 1926 .. .. .. .. .. 300 0 0 Matured 10th July, 1926 .. .. .. .. 250 0 0 4J-per-cent. Inscribed Stock, 1938 (Death Duties) — War Purposes Loan Act, 1917 — Matured 24th April, 1926 .. .. .. .. .. 500 0 0 Matured 3rd May, 1926 .. .. .. .. .. 1,000 0 0 Matured 18th May, 1926 .. .. .. .. .. 730 0 0 Matured 21st May, 1926 .. .. .. .. .. 400 0 0 Matured 1st June, 1926 .. .. .. .. .. 500 0 0 Matured 10th July, 1926 .. .. .. .. .. 1,250 0 0 4,930 0 0 28,032,936 11 4 Carried forward .. .. .. .. .. .. 29,450,471 2 6 Note.- —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81

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PUBLIC ACCOUNTS, 1 926-1 927.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

1925-1926. RECEIPTS. 1926-1927. i £ 8. d. ; £ s. d. £ s. d. 34,811,837 11 7 Brought forward .. .. .. .. .. .. 33,478,312 13 2 " ■ ' ' ' £34,811,837 11 7 otals .. .. .. .. .. .. .. £33,478,312 13 2 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are showr as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81,

B.—l [PT. I].

PUBLIC ACCOUNTS 1926-1927

ORDINARY REVENUE ACCOUNT —continued.

3—B. 1 [PT. I].

19 lt im EXPENDITURE. 1926 " 1927 - Gross. Gross. £ s. d. £ s. d. : £ s. d. 28,032,936 11 4 Brought forward .. .. .. .. .. .. 29,450,471 2 6 . ' Amortization of Debt—continued. Debentures redeemed and cancelled before maturity in terms of Section 24 of the Finance Act, 1921-22 — New Zealand Loans Act, 1908 — Fishing Industry Promotion Act, 1919 (due 1st December, 1928) .. .. 677 10 3 Fruit-preserving Industry Act, 1913, and Finance Act, 1917, Section 80 (due | 1st April, 1930) .. .. .. .. .. .. .. 1,514 8 1 Housing Act, 1919, Section 30 (due 1st July, 1930) .. .. 2,720 6 9 War Purposes Loan Act, 1917 (due 1st February, 1929) .. .. .. 315,000 0 0 War Purposes Loan Act, 1917, and Finance Act, 1917, Section 68 (nominal value, £461 18s. 8d.), (due 15th November, 1927) .. .. .. 450 7 9 320,362 12 10 > Transfer to Loans Redemption Account for redemption of New Zealand Consols matured— 500 0 0 New Zealand Consols Act, 1908, Section 36 .. .. .. .. .. j Public Revenues Act, 1910, Section 56, — 125,000 0 0 Temporary transfer to Public Works Fund (General Purposes Account) Transfer to Public Works Fund (General Purposes Account) in terms of Section 12 500,000 0 0 of the Appropriation Act, 1925 .. .. .. .. .. .. •• | Transfer to the Working Railways Account in terms of the Government Railways Amendment Act, 1925, Section 4, subsection (1) (a), — 1,327,649 0 0 Gross amount payable under the Act Less charges outstanding in favour of the Consolidated Fund as on 31st March, 854,256 14 0 1925 473,392 6 0 Charges and Expenses of redemptions,— I New Zealand Loans Aofc, 1908— Finance Act, 1916, Section 35 (War Expenses) .. .. .. .. 13 0 0 2 8 0 Finance Act, 1918, Section 10 (War Expenses) 1 11 6 Finance Act 1918 (No. 2), Part IV (War Expenses) .. 200 0 0 War Purposes Loan Aot, 1917 13 0 0 203 19 6 Publio Revenues Act, 1910, Section 39, — 1,250,000 0 0 Treasury Bills redeemed Public Revenues Act, 1926, Section 40, — Temporary transfers to other Accounts .. .. .. .. .. .. 26,000 0 0 Adjustment of Amount erroneously credited in Financial Year 1921-22, — Credits in reduction — Interest .. .. .. .. •. •• •• .. j New Zealand Loans Act, 1908 — 1,712 14 4 Native Land Amendment Act, 1913 Balance at end of Year, — : 2,343,167 17 10 Cash in the Public Aooount .. .. .. .. .. .. 1,807,285 6 2 Imprests outstanding— 65,723 3 9 In the Dominion .. .. .. •• . • 52,421 8 5 160,626 13 7 In London .. .. .. .. •• • • •• • • 128,169 12 2 1,858,574 5 3 Investment Account .. .. .. ■■ •• •• 1,693,589 11 1 j 3,681,465 17 10 4,428,092 0 5 C34,811,837 11 7 Totals .. .. .. .. ■■ •• £33,478,312 13 2 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will he found on page 81.

B.—l [TT. 11.

PUBLIC ACCOUNTS, 1926-192 7

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the

NAURU AND OCEAN 1925-1926. RECEIPTS, 1926-1927. £ s. d. Balance at beginning of Year, — £ s. d. £ b. d. 1,716 10 6 Gash in the Public Account .. .. .. .. .. .. 3,125 11 6 40,000 0 0 Investment Account 3,126 11 6 41,716 10 6 Contributions by the British Phosphate Commission towards Interest and Sinking 35,848 11 2 Fund .. .. .. .. .. .. .. .. .. •• 35,848 11 2 1,917 13 3 Interest on Securities held by Investment Account .. .. .. .. .. 632 6 4 £79,482 14 11 Totals .. .. .. .. .. .. .. £39,606 9 0 NAURU AND OCEAN ISLANDS £ s. d. Balance at beginning of Year, — £ s. d. £ b. d. 288 19 8 Cash in the Public Acoouut .. .. .. .. .. 18 15 3 13,250 0 0 Investment Account ___! 18 15 3 13,538 19 8 781 4 5 Interest on Securities held by Investment Account .. .. .. .. .. 420 18 10 5 848 11 2 Transfer from Nauru and Ocean Islands Account .. .. .. .. .. 8,023 16 11 £20,168 15 3 Totals .. .. .. .. .. .. .. ®1 ACCOUNTS OF £ s. d. I Balance at beginning of Year, — £ s. d. £ a. d. 10,561 15 9 \ Cash in the Public Account .. .. .. .. .. .. 10,463 17 3 I ■ Revenue received for Local Bodies, — 170 10 0 Fees, Fines, &c. .. .. .. • ■ .. .. .. .. 121 10 0 171 8 5 i Endowments of Land, &e... .. .. . .. .. .. 87 10 3 14 735 17 1 i Goldfields Revenue .. .. .. .. .. .. 15,364 5 9 ?'?77 14 7 Gold Dutr .. .. .. .. .. .. .. .. 7,488 0 3 ' ' 23,061 6 3 22,395 10 1 Public Revenues Act, 1910, Section 131, — Public Revenues Act, 1926, Section 146, — Advanoe Accounts — 62 12 2 Amount repaid by Local Bodies .. .. .. .. .. .. 321 19 8 £33,019 18 0 Totals .. .. .. .. .. .. £33,847 3 2 Note. In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I

PUBLIC ACCOUNTS, 19 2 6-19 27.

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

ISLANDS ACCOUNT. 192 *;'f 6 - EXPENDITURE. 1926-1927. Gross - Gross. £ s. d. Annual Appropriation, — £ s. d. £ s. d. 508 12 3 Vote— Nauru and Ocean Islands .. .. .. .. .. .. 507 10 0 Finance Act, 1919, Section 4, — Punlio "Revenues Act, 1926, Seotion 139, —■ 30,000 0 0 Interest recouped to the Consolidated Fund .. ,. .. .. .. 27,824 14 3 Amortization of Debt, — 5,848 11 2 Transfer to Nauru and Ocean Islands Sinking Fund Account .. .. .. .. 8,023 16 11 Transfer to Loans Redemption Account for Redemption and Cancellation, in terms of Seotion 24 of the Finance Act, 1921-22, of Securities as under—■ New Zealand Loans Act, 1908 — 40,000 0 0 Finance Aot, 1920, Seotion 15 (Nauru and Ocean Islands).. Balance at end of Year, — 3,125 11 6 Cash in the Publio Account .. .. .. .. .. 50 7 10 Investment Account .. .. .. .. .. .. .. 3,200 0 0 3,250 7 10 £79,482 14 11 Totals .. £39,606 9~0~ SINKING FUND ACCOUNT. £ s. d. Sinking Funds set free, — £ s. d. £ s. d. Transfer to Loans Redemption Account for Redemption and Cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Securities as under — New Zealand Loans Act, 1908— 20,150 0 0 Finance Aot, 1920, Section 15 (Nauru and Ocean Islands).. Debentures redeemed and cancelled in terms of Section 24 of the Finance Act, 1921-22— Finance Aot, 1920, Seotion 15 (Nauru and Ocean Islands) .. .. .. .. 8,300 0 0 Balance at end of Year, — 18 15 3 Cash in the Public Account .. .. .. .. .. .. .. Ig3 q £20,168 15 3 Totals .. .. .. .. .. .. .. £8,463 11 0 LOCAL BODIES. £ s. d. Revenue paid over to Looal Bodies, — £ s. d. £ s. d. 201 15 0 Fees, Fines, &c. .. .. .. .. .. .. .. .. 113 10 0 28 14 7 Endowments of Land, &c. .. .. .. .. .. .. .. 17 2 11 14,096 11 4 Goldfields Revenue .. .. .. .. .. .. ..I 16,258 4 5 | 7,416 19 4 Gold Duty .. .. .. .. .. .. .. .. j 7,516 7 11 | Separate Account .. .. .. .. .. .. .. .. j 46 16 2 | ! 23,952 1 5 21,744 0 3 Receipts from Mining Districts Land-occupation Licenses paid over to Local 801 14 4 Bodies .. Public Revenues Aot, 1910, Section 131, — Public Revenues Act, 1926, Section 146, — Advance Aooountu— 10 6 2 Payments on behalf of Looal Bodies .. .. .. .. .. .. j 321 19 8 Balance at end of Year, — 10,463 17 3 Cash in the Publio Account .. .. .. .. .. .. .. 9,573 2 1 £33,019 18 0 Totals .. .. .. .. .. .. .. £33,847 3 2 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Aot, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l |PT. 11.

PUBLIC ACCOUNTS, 1926-19 27.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

1925-1926. RECEIPTS. 1926-1927. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 2,361 10 11 Gash in the Public Account .. .. .. .. . • .. 1,487 17 9 Imprests outstanding— 166 13 4 In the Dominion 14,429 0 8 In London .. .. .. .. .. .. .. .. 6,682 4 11 Investment Accounts — £ p. d. 262,350 0 0 Deposits Account (General) .. .. .. .. 118,330 0 0 24,170 0 0 Distribution of Wool Profits Account 36,790 0 0 German Currency .. .. .. .. .. 56,790 0 0 28,000 0 0 Miscellaneous (Belgian Relief Fund) .. .. .. 28,000 0 0 1,600 0 0 New Zealand University Endowment, Westland .. .. 1,900 0 0 j 26 000 0 0 Receiver-General's Deposit Aocount .. .. .. 131,000 0 0 Rotorua College and Grammar School Account .. .. 4,100 0 0 1 290 0 0 Samoan Loan Sinking Fund Account .. .. .. 4,730 0 0 ' 345,450 0 0 417,157 4 11 353,620 2 8 Lodgments,— 435 3 6 Admiralty Prize-money Account 1,449 1 5 British Distress Fund British Empire Scholarships .. .. •• •• .. 540 0 0 10,667 2 8 Canteen and Regimental Trust Board .. .. .. .. .. 10,407 3 5 53,288 11 6 Dairy-produce Export Control Act, 1923 .. .. .. .. .. 57,871 11 6 4,245 8 0 Deposits on Contracts .. .. .. .. .. .. .. 3,094 10 0 T,020 1 7 Distribution of Wool Profits .. .. .. Education Reserves Amendment Aot, 1914— 2,770 10 0 Sales of Land under Section 3 (Primary-education Endowments) .. .. 1,616 7 10 Sales of Land under Section 3 (Secondary - education Endowments), 268 0 0 Auckland Provincial District Taranaki Provincial District .. .. .. .. .. .. 14 14 0 Education Reserves Amendment Act, 1924 — 119,130 2 10 Primary-education Endowmtnt Deposit Account .. .. .. .. 116,100 4 3 Secondary-education Endowment Deposit Accounts— £ s. d. 2,438 14 3 Auckland Provincial District .. .. .. .. 2,396 12 4 1,236 12 6 Taranaki Provincial District .. .. .. .. 1,088 10 7 3,417 17 3 Wellington Provincial District .. .. .. 2,756 13 7 2 039 6 6 Hawke's Bay Provincial District, .. .. .. 2,138 15 11 '448 0 8 Nelson Provincial District .. .. .. .. 446 0 2 11 o Marlborough Provincial District .. .. .. 93 11 3 g22 6 4 Westland Provincial District 1 361 12 4 Otago Provincial Distriot .. .. .. .. 1,430 3 1 10,350 6 11 44,179 11 8 Emigrants .. .. .. •• •• .. 33,084 4 9 0 2 8 Fisheries Act, 1908.. .. •• •• •• 014 75 0 0 General Assembly Library .. .. .. 75 0 0 3,277 18 7 German Currency .. .. .. .. .. .. .. 2,235 10 3 1,225 1 2 Gold Duty Suspense .. .. .. .. .. .. 1,251 14 7 1,080 15 3 Greymouth and Hokitika High School Acts, 1883 .. .. 176 13 2 351 4 4 High Commissioner's Comforts Fund 446 0 11 Honey-export Control Act, 1924 .. .. .. 308 3 9 485 5 11 Hospitals and Charitable Institutions Act, 1909 .. .. .. 222 18 9 4,600 0 0 Immigration Restriction Act, 1908 .. .. •• .. ■■ .. 5,110 0 0 H. V. S. Larsen .. .. .. ■. ■ . .. 1,878 7 10 628 9 0 Imperial Stamps and Postal Orders .. ■ • . ■ .. .. 37 0 0 462 5 8 Massey Memorial Fund .. .. •• .. 11 16 0 29,515 9 7 Meat-export Control Act, 1921-22 .. .. .. .. . .. 31,225 17 1 218,891 16 10 Miscellaneous .. .. .. •• • .. 369,836 9 9 53,627 4 5 Money-order Settlement .. .. .. .. .. 50,298 18 4 1,693 10 10 Moumahaki Endowment Revenue Account .. .. .. .. .. 1,079 17 8 j 689 7 4 Moumahaki Endowment Capital Account .. .. 43 14 0 36 14 0 National Health Insurance Stamps .. .. .. .. .. .. 124 12 4 5,399 9 2 Naval Remittances Account .. .. .. .. 7,309 8 4 43 8 3 Nelson Rifle Prize Fund .. ... . .. .. .. 45 15 0 6,742 0 7 New Zealand Relief Funds.. 86 10 6 New Zealand University Endowment, Westland .. .. .. 91 0 6 245 0 0 North Island Experimental Dairy Sohool .. .. 245 0 0 9,205 12 6 Opossum Fees .. .. .. .. 10,690 14 0 41,135 7 9 Payments through the High Commissioner .. . .. .. .. 147,020 6 3 70,435 16 0 Post Office Savings-bank Deposits .. .. .. .. .. .. 55,883 5 0 699,381 5 3 417,157 4 11 Carried forward .. .. .. .. .. 918,281 6 7 353,620 2 8 N 0T e. l n these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l IPT. I].

PUBLIC ACCOUNTS, 1926-1 927.

DEPOSITS ACCOUNT.

1925-1926. EXPENDITURE, 1926 1927, Gross. Gross< £ s. d. Withdrawals, — £ s. d. £ s. d. 435 3 6 Admiralty Prize-money Account 1,449 1 5 British Distress Fund 25,273 11 3 Canteen and Regimental Trust Board .. .. .. .. •• 10,157 10 0 Coal-mines Amendment Act, 1922, Section 23 .. .. .. 50 0 0 55,634 6 1 Dairy-produce Export Control Act, 1923 .. .. .. .. •• 55,499 12 0 4,245 8 0 Deposits on Contracts .. .. .. .. .. •• 2,874 15 0 24 390 16 11 Distribution of Wool Profits .. .. .. .. .. •• 1 12 6 Education Reserves Amendment Act, 1914— Sales of Land under Section 3 (Primary-education Endowment) .. .. 58 2 0 Education Reserves Amendment Aot, 1924 — 119,130 2 10 Primary-education Endowment Deposit Aocount .. .. .. 116,100 4 3 Secondary-education Endowment Deposits Aocounts— £ s. d. 2,002 17 9 Auckland Provincial District .. .. .. .. 2,111 7 9 1,232 19 8 Taranaki Provincial District .. .. .. .. 1,034 15 9 2 967 12 9 Wellington Provincial District .. .. .. .. 2,699 13 6 2 040 12 9 Hawke's Bay Provincial District .. .. .. 2,147 14 9 453 1 8 Nelson Provincial District .. .. .. .. 484 14 2 } g Marlborough Provincial District.. . .. .. 93 18 6 1 072 10 5 Westland Provincial District 1 373 6 4 Otago Provincial District .. .. .. .. 1,377 16 4 9,900 0 9 42,788 12 8 Emigrants .. .. .. .. .. .. .. .. 37,378 0 11 Eisheries Act, 1908 .. .. .. .. .. .. 040 75 0 0 General Assembly Library Fund .. .. .. .. .. .. 75 0 0 3,277 18 7 German Currency .. .. .. .. .. .. .. 17,235 10 3 1,123 16 8 Gold Duty Suspense .. .. .. .. .. .. .. 1,051 1 4 1,035 8 11 Greymouth and Hokitika High School Acts, 1883 .. .. .. 112 4 2 Hauraki Plains Drains Deposit Account .. .. .. .. 10 0 0 351 4 4 High Commissioner's Comforts Fund 436 6 7 Honey-export Control Aot, 1924 .. .. .. 317 10 3 487 0 1 Hospitals and Charitable Institutions Act, 1909 .. .. .. 625 0 9 2,290 0 0 Immigration Restriction Act, 1908 .. .. .. 3,790 0 0 140 17 4 Imperial Government Wool-supply Imperial Stamps and Postal Orders .. .. .. .. 202 14 6 jy i) 0 Land Transfer Aot, 1885 H. V. S. Larsen .. .. .. .. .. . 1,878 7 10 346 1 4 Maori Land Settlement Aot, 1905 452 5 8 Massey Memorial Fund 28,541 4 7 Meat-export Control Act, 1921-22 .. .. .. 32,580 1 7 297',978 3 0 Miscellaneous .. .. .. .. . .. 341,751 4 8 53'742 0 9 Money-order Settlement .. .. .. .. 49,398 16 10 Moumahaki Endowment Revenue Account .. .. .. .. .. 962 17 1 17 2 7 National Health Insurance Stamps .. .. .. .. 41 10 0 58 0 0 Native Land Act, 1878 (No. 2) 4,223 18 4 Naval Remittances Account .. .. .. .. 7,964 16 4 40 0 0 Nelson Rifle Prize Fund .. .. .. .. .. 40 0 0 6,742 0 7 New Zealand Relief Funds.. 17 16 4 Ngatirihiri Compensation Aocount 9,205 12 6 Opossum Fees .. .. .. .. .. .. 10,669 14 0 43,853 17 6 Payments through the High Commissioner .. .. .. .. 143,333 11 2 78,534 16 0 Post Office Savings-bank Deposits .. .. .. .. .. 55,580 5 0 5,179 15 9 Public Trust Office Remittance .. .. .. .. 113 16 0 298 0 9 Purchase of Wheat Account, 1924-25 .. .. .. .. .. 1,616 1 0 667,257 0 10 Purchase of Wheat Account, 1925-26 .. .. .. .. 19,236 9 1 152 711 2 5 Reoeipts by tlie High Commissioner for payment in New Zealand .. .. 373,353 14 1 35 000 0 0 Receiver-General's Deposit Account .. .. .. .. .. .. 20,000 0 0 2'146 7 0 Released Sinking Funds Suspense Account .. 1 970 15 0 Remittances to Immigrants .. .. .. .. .. .. 1,901 15 0 Rotorua College and Grammar Sohool Aocount .. .. .. .. 997 0 0 67,852 14 7 Samoan Treasury Account .. .. .. .. .. .. .. 130,601 4 5 7 019 11 1 Special Coal-rate—Greymouth Harbour Board Act, 1884 852 17 9 Taranaki Scholarships Endowment .. .. .. .. .. .. 989 15 0 575 5 4 Tauranga Educational Endowment Reserves Act, 1896 .. .. .. 361 11 11 884 10 0 Thermal Springs District Act, 1910 .. .. .. .. .. 70 1 0 809 14 11 Trustee Act, 1908 .. .. .. .. .. .. .. .. 447 9 10 297 17 8 Unclaimed Earnings .. .. .. .. .. .. .. 273 15 0 900 0 0 Unclaimed New Zealand Bonds 30 6 0 Unemployment Stamps .. .. .. .. .. .. 80 11 4 715 10 5 Unpresented Cheques .. .. .. .. .. .. .. 1,474 8 6 1,762,061 6 8 1,451,157 19 4 1,762,061 6 8 Carried forward .. .. .. .. .. .. .. 1,451,157 19 4 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 926-1 9 27.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the

DEPOSITS 1925-1926. RECEIPTS. 1926-1927. £ s. d. ' £ s. d. £ s. d. 417,157 4 11 Brought forward ,. .. .. .. 918,281 6 7 353,620 2 8 699,381 5 3 Lodgments—continued. 149 0 0 Public Trust Office Remittance .. .. .. .. .. •. 263 11 6 589 11 11 Purchase of Wheat Account, 1924-25 .. .. .. .. •. { 252 1 9 j 686,486 0 5 Purchase of Wheat Account, 1925-26 .. .. .. .. •• 796] 153,319 9 9 Receipts by the High Commissioner for payment in New Zealand .. .. 871,678 17 3 70,000 0 0 Receiver-General's Deposit Acoount.. .. .. .. .. •• 25,000 0 0 1.893 5 0 Remittances to Immigrants.. .. .. .. .. •• • • 1,840 15 0 j 1,652 1 0 Rotorua College and Grammar School Account .. .. .. . 1,927 15 9 j 1,677 0 6 Samoan Loan Sinking Fund Account .. .. .. •• 2,008 6 8 72,897 9 1 Samoan Treasury Account .. .. .. .. .. •• • • 126,655 17 9 Sumner SohoOl for the Deaf— £ s. d. Horton Bequest .. .. ■. •. • • 33 4 6 Manson and Brown Bequests .. .. .. .. 122 10 4 155 14 10 7,019 11 1 Special Coal Rate—Greymouth Harbour Board Act, 1884 989 14 3 Taranaki Scholarships Endowment Act, 1910 .. .. .. .. 955 13 0 264 16 10 Tauranga Eduoational Endowment Reserves Act, 1896 .. .. .. 260 11 11 56 19 6 Thermal Springs Districts Act, 1910 .. .. ■. .. • ■ 387 19 6 830 19 11 Trustee Act, 1908 .. .. .. .. .. • • • • • • 560 15 6 331 6 2 Unclaimed Earnings .. .. .. .. .. • • • • 286 2 1 75 14 9 Unemployment Stamps .. .. .. .. •• •• 124 14 9 909 19 0 Unpresented Cheques .. .. .. .. .. .. •• 1,456 13 4 1,452,104 6 8 1,698,524 4 5 £2,115,681 9 4 Totals .. .. .. .. .. .. •• •• £1,805,724 9 4 PUBLIC WORKS GENERAL PURPOSES £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 163,989 11 5 Cash in the Public Aocount .. .. .. .. .. .. 366,331 4 7 Imprests outstanding— 33,195 9 2 In the Dominion .. .. .. .. .. .. 36,027 3 8 182,254 6 3 In London .. .. .. .. .. .. .. ■■ 65,062 13 1 Investment Account .. .. .. .. .. .. .. 59,000 0 0 526,421 1 4 379,439 6 10 ———— Credits-in-aid, — 76,918 10 2 Vote—Public Works, Departmental .. .. .. .. .. .. 108,092 11 11 181,876 18 8 „ Railway-construction .. .. .. .. .. .. 85,550 14 7 8.894 5 5 „ Additions to Open Lines .. .. .. .. .. .. 2,501 17 9 198 16 9 „ General .. .. .. .. .. .. •. ■. 555 17 4 6 6 11 „ Courthouses 710 3 0 „ Prison Buildings and Works .. .. .. .. .. 1,162 3 4 197 5 5 „ Postal and Telegraph.. .. .. .. .. .. .. 1,095 14 8 2 8 0 „ Agricultural .. .. .. .. .. 200 551 15 1 „ Mental Hospital Buildings .. .. .. .. .. .. 26 6 8 1,324 13 10 „ Health and Hospital Institutions .. .. .. .. .. 13,251 2 0 20,327 14 2 „ Timber-supply, Sawmills, &o... .. .. .. 12 449 16 0 35,650 4 4 „ Acquisition and Operation of Quarries .. .. .. .. 42'140 18 8 1 16 0 „ Lighthouses.. .. .. .. .. .. .. .. ' 0 15 8 Harbour Works .. .. .. .. .. .. 221 11 6 327 19 11 „ Development of Tourist Resorts .. .. ■. . ■ .. 048 jg 3 181,052 6 9 „ Department of Immigration .. .. .. 216,356 2 4 14,667 15 11 . Roads,&o. .. .. .. .. .. .. .. .. 37,565 0 2 113,353 12 8 „ Telegraph Extension .. .. .. .. .. .. .. 104,601 7 5 93 9 8 „ Contingent Defence .. .. . .. .. .. .. 206 2 1 6,609 17 2 „ Lands, Miscellaneous .. .. .. .. .. 977 10 4 2,568 8 6 „ Irrigation, Water-supply, and Drainage .. ,. .. 2,515 2 5 57,601 10 7 ; Plant, Material, and Stores .. .. .. .. .. .. 78,555 3 6 702,935 18 11 708,476 14 7 Credits in reduction— Unauthorized Expenditure— 50,124 18 7 Services not provided for .. .. .. .. .. .. .. 1,412 4 1 — 709,888 18 8 753,060 17 6 ' 1,132,500 4 4 j Carried forward .. .. .. .. .. .. .. 1,236,310 0 0 Note. —In these accounts the credits-in aid (sec ion 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 926- 1 927

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

ACCOUNT —continued. 1925-1926. 1926-1927. Gross. 1 EXPENDITURE. Gross. £ s. d. I £ s. d. £ s. d. 1,762,061 6 8 Brought forward .. .. .. .. .. j .. 1,451,157 19 4 Balanoe at end of Year, — 1,487 17 9 Cash in the Public Account .. .. .. .. .. .. 32,125 3 0 Imprests outstanding— 6,682 ill In London .. .. .. .. .. .. .. I 8,241 7 0 Investment Accounts— £ s. d. 118,330 0 0 Deposits Account (General) .. .. .. .. 97,030 0 0 ] 56,790 0 0 German Currency .. .. .. .. .. 41,790 0 oj 28.000 0 0 Miscellaneous (Belgian Relief Fund) .. .. 28,000 0 0 1,900 0 0 New Zealand University Endowment, Westland .. .. 1,900 0 0 131,000 0 0 Receiver-General's Deposit Account .. .. .. 136,000 0 0 4,700 0 0 Rotorua College and Grammar School Account .. .. 4,700 0 0 4,730 0 0 Samoan Loan Sinking Fund Account .. .. .. 4,780 0 0 — 314,200 0 0 353,620 2 8 ! 3 54 )566 i 0 o £2,115,681 9 4 Totals .. .. .. .. .. .. .. .. £1,805,724 9 4 FUND. ACCOUNT. £ s. d. Annual Appropriations, — £ s. d. £ s. d. 203,393 16 3 Vote —Public Works, Departmental .. .. .. .. .. 223,536 3 5 1,328,169 9 11 „ Railway-construction .. .. .. .. ,, .. 1,181,919 1 6 | 851,216 0 2 Additions to Open Lines .. .. .. .. .. .. 386,940 19 5 29,568 2 3 „ General .. .. .. .. .. .. .. .. 120,419 14 10 7,215 14 6 „ Courthouses .. .. .. .. .. .. .. 1,260 15 4 24,905 17 1 „ Prison Buildings and Works .. .. .. .. .. .. 23,974 0 1 j 16,594 8 10 „ Police-stations .. .. .. .. .. .. .. 7,410 12 4 90,063 4 0 , Postal and Telegraph .. .. .. .. .. . 87,148 3 10 7,934 1 6 „ Agricultural .. .. .. .. .. .. .. 4,165 12 7 78,386 7 0 „ Mental Hospital Buildings .. .. .. .. .. .. 68,661 8 0 | 32,501 10 6 „ Health and Hospital Institutions .. .. .. .. .. 29,091 7 3 10,435 2 8 „ Timber-supply, Sawmills, &c. .. .. .. .. .. 20,961 8 4 48.001 14 6 „ Acquisition and Operation of Quarries .. .. .. .. 48,442 15 11 5,692 7 10 „ Lighthouses .. .. .. .. .. .. .. 5,759 3 8 3,717 0 4 . Harbour-works .. .. .. .. .. .. .. 13,483 19 10 43,813 12 0 „ Development of Tourist Resorts .. .. .. .. .. 32,629 11 0 288,573 5 8 , Department of Immigration .. .. .. .. .. 401,274 8 2 579,362 3 3 „ Roads, &c. .. .. .. .. .. .. 612,695 16 9 3,934 0 0 „ Roads on Goldfields .. .. .. .. .. 2,230 2 0 1,045,014 8 0 „ Telegraph Extension .. .. .. .. .. 662,642 13 1 j 4,994 0 4 „ Motor Transport Services 89,763 3 11 „ Contingent Defence .. .. .. .. .. 34,220 8 7 77,102 11 1 „ Lands, Miscellaneous .. .. .. .. .. .. 57,244 17 10 58,795 1 8 „ Irrigation, Water-supply, and Drainage .. .. .. .. 59,451 18 4 j 91,054 10 8 „ Plant, Material, and Stores .. .. .. .. 54,407 2 5 „ Transfer to Main Highways Account —Construction Fund .. .. 400,000 0 0 J 5,020,201 13 11 4,539,972 4 6 Unauthorized Expenditure— 51,263 9 7 Services not provided for .. .. .. .. .. .. 2,601 14 6 4,542,573 19 0 5,071,465 3 6 5,071,465 3 6 Carried forward .. .. .. .. .. . , 4,542,573 19 0 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are jhown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

b.—i [Pt. m

PUBLIC ACCOUNTS. 1 926-1 927.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

1925-1926. I RECEIPTS. 1926-1927. £ s. d. £ s. d. £ s. d. 1,132,500 4 4 Brought forward .. .. .. .. .. .. .. 1,236,310 0 0 27,474 11 2 Recoveries on account of Expenditure of previous Years .. .. .. .. 146,933 4 5 Lake Ellesmere and Forsyth Reclamation and Akaroa Railway Trust Account, — 1,671 8 3 Receipts under Land Act, 1924, Section 383 (2) .. .. .. •• 1,620 9 9 Public Revenues Aot, 1910, Section 56, — 125,000 0 0 Temporary Transfer from the Consolidated Fund (Ordinary Revenue Account) .. Transfer from Consolidated Fund (Ordinary Revenue Account) in terms of Section 12 500,000 0 0 of the Appropriation Act, 1925 .. .. .. ... .. .. New Zealand Loans Act, 1908, — New Zealand Consolidated Stock, 1946 — Finance Act, 1925, Section 2 (Public Works) — Stock issued in respect of £4,000,000 authorized (part of £6,000,000 5-per-cent. Stock Loan, 1926) .. .. .. .. .. 4,000,000 0 0 Stock issued in respect of amount required to cover Charges and Expenses of raising £4,000,000 authorized (part of £6,000,000 5-per-cent. Stock Loan, 1926).. .. .. .. .. .. .. .. 151,450 10 2 Premium .. .. .. .. .. .. .. .. 1,514 10 2 Interest on overdue instalments .. .. .. .. .. 25 11 8 New Zealand Consolidated Stock, 1945— Aid to Public Works and Land Settlement Aofc, 1922 — Stock issued in respect of £1,000,000 authorized (part of £7,000,000 1,000,000 0 0 4J per-cent. Stock Loan) 4J-per-cent. Stock issued in respect of amount required to cover Charges 84,009 1 9 and Expenses of raising £1,000,000 gg 4 Interest on overdue instalments Finance Act, 1923, Section 2 (Publio Works) — Stock issued in respeot of £1,000,000 authorized (part of £7,000,000 1,000,000 0 0 4J-per-cent. Stock Loan) 4J-per-cent. Stock issued in respect of amount required to cover Charges 84,009 1 9 and Expenses of raising £1,000,000 g g 4 Interest on overdue instalments Finance Aot, 1924, Section 2 (Public Works) — Stook issued in respect of £1,500,000 authorized (part of £7,000,000 1,500,000 0 0 4J-per-cent. Stock Loan) 4J-per cent. Stook issued in respect of amount required to cover Charges 126 013 12 6 aQ d Expenses of raising £1,500,000 9 9 5 Interest on overdue instalments Finanoe Act, 1924, Section 2 (Publio Works) — 92,320 0 0 Debentures issued New Zealand Inscribed Stook Aot, 1917— 347,550 0 0 Inscribed Stock issued .. — 1! 4,152,990 12 0 4,233,923 18 1 New Zealand Loans Act, 1908, Section 5 (1) (6), — Finance Act, 1925, Section 2 (Public Works) — Temporary Advance received from Bank of England on Memorandum of Security .. .. .. .. .. .. .. .. 400 , 000 0 0 Public Revenues Amendment Act, 1913, Section 34, — 500,000 0 0 Prooeeds of Treasury Bills issued in anticipation of Loan .. .. .. .. 200,000 0 0 £6,520,570 1 10 Total .. .. .. .. .. .. .. £6,137,854 6 2 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [FT. I],

PUBLIC ACCOUNTS, 1926 - 1927

GENERAL PURPOSES ACCOUNT —continued.

4—b. i rp-r. ij.

1925-1926. EXPENDITURE. 1926-1927. Gross. Gross. £ s. d. £ s. d. £ s. d. 5,071,465 3 6 Brought forward .. .. .. .. .. .. .. 4,542,573 19 0 Lake Ellesmere and Forsyth Reclamation and Akaroa Railway Trust Account, — 43 8 2 Expenditure under Land Act, 1924, Seotion 383, Subsection (2) .. .. 814 7 Expenditure under the Ellesmere Land Drainage Act, 1905, Section 6, Sub439 5 0 section (1) .. .. .. .. .. .. .. .. 439 5 0 : 520 9 7 482 13 2 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — 50 0 0 Aid to Public Works and Land Settlement Act, 1903 (Redemptions) Aid to Public Works and Land Settlement Act, 1906 (Redemptions) .. .. 127 7 6 Aid to Public Works and Land Settlement Act, 1907 (Redemptions) .. .. 140 5 0 Aid to Public Works and Land Settlement Act, 1921 (Redemptions) .. .. 110 0 0 84,265 8 1 Aid to Public Works and Land Settlement Act, 1922 .. .. .. 420 1 0 900 0 0 Finance Aot, 1920, Section 15 (Public Works), (Redemptions) .. .. 420 7 0 50 0 0 Finance Act, 1921, Section 10 (Public Works), (Redemptions) 84,015 8 1 Finance Act, 1923, Section 2 (Public Works) .. .. .. .. 420 1 0 127,768 13 4 Finance Act, 1924, Section 2 (Public Works) .. .. .. .. 644 4 6 Finance Act, 1925, Section 2 (Public Works) .. .. .. .. 153,090 12 0 — 155,372 18 0 297,049 9 6 Stamp Duty on Transfers of New Zealand Consolidated Stook, ]935/1945 — 131 7 11 Aid to Public Works and Land Settlement Aot, 1921 Public Revenues Amendment Act, 1913, Section 34, —- 500,000 0 0 Treasury Bills redeemed from Proceeds of Loan .. .. .. .. .. 200,000 0 0 Public Revenues Act, 1910, Section 56, — 125,000 0 0 Temporary Transfer from Consolidated Fund (Ordinary Revenue Acoount) repaid * New Zealand Loans Act, 1908, Section 5 (1) (b), — Finance Act, 1925, Section 2 (Publio Works) — Temporary Advance from Bank of England on Memorandum of Security repaid -• 400,000 0 0 Adjustment of amount incorrectly oredited in Financial Year 1922-23,— New Zealand Loans Act, 1908— New Zealand Consolidated Stock, 1935/45 — Aid to Public Works and Land Settlement Aot, 1921— 20 6 5 Premiums .. — Balance at end of Year, — 366,331 4 7 Cash in the Publio Account .. .. .. .. .. .. 222,820 4 10 Imprests outstanding— 36,027 3 8 In the Dominion .. .. .. .. .. . 14,454 7 2 65,062 13 1 In London .. .. .. .. .. .. .. .. 57,112 7 7 59,000 0 0 Investment Account .. .. .. .. .. .. .. 545,000 0 0 • — 839,386 19 7 526,421 1 4 £6,520,570 1 10 Totals .. .. .. .. .. .. .. £6.137,854 6 2 Note. —In .these accounts the credits-in-aid (section 51, Publio Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I]

PUBLIC ACCOUNTS, 192 6-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended the 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

1924-1925. RECEIPTS. 1925-1926. £ s. d. Balance at beginning of Year, — £ s. <3. f s. d. 273 4 8 Cash in the Publio Aooount .. .. •• 19,455 19 4 Imprests outstanding— In London .. .. .. .. .. •• 2,253 16 4 " 21,709 15 8 273 4 8 Credits in reduction of expenditure under Section 17 of the Waihou and Ohinemuri | j 1,296 19 (i Rivers Improvement Act, 1910 .. .. .. .. ■■ •• •• i Receipts under Section 17 (4) (c) Waihou and Ohinemuri Rivers Improvement Ait, Rents, Royalties, &e. .. .. .. .. .. .. •• • • 691. 10 7 ; . Contributions under the Waihou and Ohinemuri Rivers Improvement Act, 1910, Sections 17 and 18, and Amendment Act, 1912, — 2,002 13 2 Gold-mining Companies .. .. .. .. .. .. .. Mj® ® 82 11 4 Consolidated Fund .. .. .. .. .. .. .. '07,10 0 1,123 16 8 Gold Duty 971 13 9 3 543 3 5 3,209 1 2 ' New Zealand Loans Act, 1908,— Waihou and Ohinemuri Rivers Improvement Act, 1910, and Finance Act, 1922, Section 16— 14,000 0 0 Debentures issued Waihou and Ohinemuri R'vers Improvement Aot, 1910, and Finance Act, 1924, Section 6 — 55,000 0 0 Debentures issued .. .. .. .. .. .. .. 20,000 0 0 20,000 0 0 69,000 0 0 Public Revenues Act, 1926, Section 40, — j Temporary transfers from other Accounts .. .. .. .. .. _ 25,000 0 0 I ' I £73,779 5 4 Totals .. .. .. .. .. .. .. £73,763 8 9 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT.IJ.

PUBLIC ACCOUNTS, 1926-1 927

THE WAIHOU AND OHINEMURI RIVERS IMPROVEMENT ACCOUNT.

1925-26. 1926-27. Gross. ; EXPENDITURE. - , - - . — £ s. d. Expenditure under Seotion 17 of the Waihou and Ohinemuri Rivers Improvement £ s. d. £ s. d. 49,204 8 6 Act, 1910 .. .. .. ,, .. .. .. .. .. 68,674 7 9 Public Revenues Act, 1926, Section 40, — Interest paid on temporary transfers from other Accounts .. .. .. .. 122 8 2 Finance Aot, 1919, Section 4, — Public Revenues Act, 1926, Section 139, — 2,865 1 2 Interest recouped to the Consolidated Fund .. .. .. .. .. .. 3 ggg o o ' I Balanoe at end of Year,— 19,455 19 4 Gash in the Public Account .. .. .. .. .. 1,666 7 10 Imprests outstanding— 2,253 16 4 In the Dominion ; —| 1,666 7 10 21,709 15 8 £73,779 5 4 Totals .. .. .. .. .. .. .. £73,763 3 9 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l FPt. I].

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the

ELECTRIC • 1925-1926. RECEIPTS. 1926-1927. £ s. d. Balance at beginning of Year, — £ g. d. £ s. d. 30,471) 13 10 Cash in the Public Account .. .. .. .. .. .. 2,350 6 8 Imprests outstanding— 3,598 15 1 In the Dominion .. .. .. .. .. .. .. 2,145 7 0 42,369 6 11 In London .. .. .. .. .. .. .. 43,616 0 9 152,800 0 0 Investment Account .. .. .. .. .. .. .. 90,000 0 0 138,111 14 5 229,247 15 10 Credits-in-Aid,— 36,587 10 2 Vote—Development of Water-power .. .. .. .. .. .. j 28,316 2 0 Credits in Reduction, — Unauthorized Expenditure— Services not provided for .. .. .. .. .. .. .. .. I 45 11 10 994 10 0 Recoveries on account of Expenditure of previous Years .. .. .. .. 2,063 15 2 State Supply of Electrical Energy Act, 1917, Section 8, — 234,438 17 1 Sales of Electric Energy .. .. .. .. .. .. .. 339,993 16 4 3 791 7 1 Miscellaneous Receipts .. .. .. .. .. .. .. 7,490 6 8 1 347,484 3 0 238,230 4 2 9,832 5 5 Interest on Securities held by Investment Account .. .. .. .. .. 14,748 3 0 New Zealand Loans Act, 1908, — New Zealand Consolidated Stock, 1946— Electric-power Works Loan Act, 1919 — Stock issued in respect of £1,100,000 authorized (part of £6,000,000 5-per-cent. Stock Loan, 1926) .. .. .. .. .. .. 1,100,000 0 0 I Stock issued in respect of amount required to cover Charges and Expenses of raising £1,100,000 authorized (part of £6,000,000 5-per-cent. Stock Loan, 1926) 41,648 17 10 Premium .. .. .. .. .. .. .. .. 416 9 9 Interest on overdue instalments .. .. .. .. .. 709 New Zealand Consolidated Stock, 1945 — Electric-power Works Loan Act, 1919— Stock issued in respeot of £500,000 authorized (part of £7,000,000 4|-per-cent. 500,000 0 0 StockLoan).. Stock issued in respeot of amount required to cover charges and expenses of 42,004 10 10 raising £500,000 .. .. 3 3 2 Interest on overdue instalments Finance Act, 1920 (Section 15),- (Electric-power Works) — 104,450 0 0 5J-per-cent. Debentures issued 30,000 0 0 4j-per-cent. Debentures issued New Zealand Inscribed Stock Act, 1917— Finance Act, 1920 (Section 15), (Electric-power Works)— 188,600 0 0 Inscribed Stock issued .. .. .. .. .. 98,000 0 0 6,950 0 0 5J-per-cent. Inscribed Stock (Death Duties) issued 1,240,072 8 i 872,007 14 0 — Public Revenues Amendment Act, 1913, Seotion 34, — Proceeds of Treasury Bills issued in anticipation of Loan .. .. .. .. 50,000 0 0 New Zealand Loans Aot, 1908, Section 5 (1) (&),— Electric-power Works Loan Act, 1919 — Temporary Advance received from Bank of England on Memorandum of Security .. 110,000 0 0 t.1,386,899 19 7 Totals .. .. .. .. .. .. .. £1,930,84117 9 ELECTRIC SUPPLY £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 108 10 2 Cash in the Publio Acoount .. .. .. .. .. .. 151 12 000 0 0 Investment Acoount .. .. .. .. .. .. .. 17,390 0 0 17,391 5 1 12,108 10 2 State Supply of Eleotrical Energy Aot, 1917, Section 12, — Transfer from Electrio Supply Account— 4,748 3 5 Horahora Soheme .. .. .. .. .. .. 11,342 0 0 Lake Coleridge Soheme .. .. .. .. .. .. .. 8,906 15 11 11 — 20,248 15 11 534 11 6 Interest on Securities held by Investment Account .. .. .. .. .. 1,022 12 0 £17,391 5 1 Totals .. .. .. .. .. .. .. £38,662 13 0 Notb. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. IJ.

PUBLIC ACCOUNTS, 1 9 26-1 927.

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

SUPPLY ACCOUNT. 1925-1926. EXPENDITURE. 1926-1927. Gross. Gross. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 982,120 4 3 Vote—Development of Water-power .. .. .. •• 1,158,329 0 8 Unauthorized Expenditure,— 40 16 2 Services not provided for .. .. .. .. .. .. .. 45 11 10 1,158,374 12 6 982,161 0 5 Finance Act, 1919, Section 4, — Public Revenues Act, 1926, Section 139, — 218,727 18 0 i Interest recouped to the Consolidated Fund .. .. .. .. .. .. 275,079 13 7 369 16 1 Recoupment of Management Charges of Consolidated Stock .. .. .. •• 397 7 11 Finance Act, 1926, Section 23 (4), —- Recoupment of Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/45— Bleotric-power Works Loan Act, 1919 .. .. .. .. .. • • 128 2 7 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/45, — 213 18 8 Electric-power Works Loan Aot, 1919 Amortization of Debt, — State Supply of Electrical Energy Aot, 1917, Section 12— Transfer to Electrio Supply Sinking Fund Account — 4,748 3 5 Horahora Scheme .. .. .. .. .. .. .. 11,342 0 0 Lake Coleridge Scheme .. .. .. .. .. .. 8,906 15 11 — 20,24H 15 11 New Zealand Loans Act, 1908, Seotion 5 (1) (6), — Electric-power Works Loan Act, 1919— Temporary Advance from Bank of England on Memorandum of Security repaid .. 110,000 0 0 Public Revenues Amendment Act, 1913, Section 34, — Treasury Bills redeemed from Proceeds of Loan .. .. .. .. .. 50,000 0 0 Charges and Expenses of raising Loans, — New Zealand Loans Aot, 1908— 42,007 14 0 Electric-power Works Loan Act, 1919 .. .. .. .. .. 42,307 8 10 532 12 8 Finance Act, 1920, Section 15 (Electric-power Works) .. .. .. 115 6 0 Scamp Duty on Transfers of New Zealand Consolidated Stock, 1935/45 — 23 9 4 Electric-power Works Loan Act, 1919 I | 42,422 14 10 42,563 16 0 Adjustment of Amount erroneously credited in 1922/23, — New Zealand Loans Act, 1908— New Zealand Consolidated Stock, 1935/45 — Electric-power Works Loan Act, 1919 — 3 12 7 Premiums .. .. .. .. .. .. .. Balance at end of Year, — I 2,350 6 8 Cash in the Publio Aooount .. .. .. .. .. .. 44,866 5 8 Imprests outstanding— 2,145 7 0 In the Dominion .. .. .. .. >. .. .. 200 43,616 0 9 In London .. .. .. .. .. .. •• .. 79,322 4 9 j 90,000 0 0 Investment Account .. .. .. .. .= .. .. 150,000 0 0 —- 274,190 10 5 138,111 14 5 £1,386,899 19 7 Totals .. ., .. .. .. .. .. £1,930,841 17 9 SINKING FUND ACCOUNT. £ s. d. Balance at end of Year, — £ s. d. £ s. d. 15 1 Cash in the Public Account .. .. .. .. .. .. 22 13 0 17.390 0 0 Investment Account .. .. .. .. .. .. .. 38,640 0 0 38,662 13 0 17.391 5 1 £17,391 5 1 Totals .. .. .. .. .. .. .. £38,662 13 0 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. Ij.

PUBLIC ACCOUNTS, 1926-1927

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

ADVANCES TO OTHER 1925-1926. RECEIPTS. 1926-1927. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. Imprests outstanding— 437 7 8 In the Dominion .. .. .. .. .. .. .. .. 31,512 5 6 ■ Finance Act, 1921-22, Section 13, — 30,000 0 0 Transfer from the Consolidated Fund .. .. .. .. .. .. 30,000 0 0 Finance Act, 1921-22, Section 13,— Public Revenues Act, 1926, Section 137, — Recoveries from other Governments— 69 2 10 British Guiana .. .. .. .. .. .. .. 51 17 1 56 7 8 Canadian Government .. .. .. .. .. .. .. 231 17 1 624 15 2 Ceylon .. .. .. .. .. .. .. .. 625 19 11 3,612 17 3 Cook Islands .. .. .. .. .. .. .. .. 5,833 13 11 26,335 11 8 Commonwealth Government .. .. .. .. .. .. 19,581 8 10 348 6 8 East Africa Protectorate .. .. .. .. .. .. 126 13 4 Falkland Islands .. .. .. .. .. .. .. 90 10 9 3,368 19 2 Federated Malay States .. .. .. . .. .. 2,907 10 1 350 6 4 Fiji .. .. .. .. .. .. .. .. .. 244 17 0 Gold Coast .. .. .. .. .. .. .. .. 136 13 9 93 18 3 Hong Kong .. .. .. .. .. .. .. .. 281 19 2 68,676 2 11 Imperial Government .. .. .. .. .. .. .. 63,736 14 7 195,184 9 3 Imperial Pensions .. .. .. .. .. .. .. 164,169 13 6 Kenya .. .. .. .. .. ,. .. .. 153 15 0 606 13 4 Mauritius .. .. .. .. .. .. .. .. 30 19 7 983 15 8 Nigeria .. .. .. .. .. .. .. .. 1,065 2 0 749 4 9 Niue Island .. .. .. .. .. .. .. .. 376 7 3 216 13 4 Nyassaland 344 7 5 Palestine .. .. .. .. .. .. .. .. 117 8 6 Sarawak .. .. .. .. .. .. .. .. 6 14 3 7 19 3 Southern Rhodesia .. .. .. .. .. .. .. 16 0 3 312 12 3 Straits Settlements .. .. .. .. .. .. .. 44 6 0 2 14 10 St. Helena 113 8 0 Trinidad .. .. .. .. .. .. .. .. 56 14 0 Uganda .. .. .. .. .. .. .. .. 30 12 2 5 5 0 Union Government of South Africa .. .. .. .. .. 402 7 0 260,319 15 0 302,063 11 0 £,332,500 18 8 Totals .. .. .. .. .. .. .. £321,832 0 6 BANK OF NEW ZEALAND £ s. d. Balance at beginning of Year, — f s. d. £ s. d. 875,000 0 0 Investment Aooount .. .. .. .. .. .. .. .. 875,000 0 0 £875,000 0 0 Totals .. .. .. .. .. .. .. £875,000 0 0 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B—l FPT. I].

PUBLIC ACCOUNTS, 1926-1 927.

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926.

GOVERNMENTS ACCOUNT. 1925-1926. 1026-1027 p.... EXPENDITURE. 1S ™> 19<37 * bross - Gross. £ s. d. Finance Act, 1921-22, Section 13, —• £ s. d. £ s. <1 10,168 2 3 Transfer to Consolidated Fund in terms of Subsection (4) Finance Act, 1921-22, Section 13, — Public Revenues Act, 1926, Section 137— Payments on behalf of other Governments— 0® 2 10 British Guiana .. .. .. .. .. .. .. 51 17 1 242 19 6 Canadian Government .. .. .. .. .. ., .. 198 3 2 60S 19 11 Ceylon .. .. .. .. .. .. ,, 625 19 11 4,809 18 1 Cook Islands .. .. .. .. .. 7,441 7 1 25,572 14 7 Commonwealth Government, .. .. .. .. .. .. 26,295 18 1 316 13 4 East Africa Protectorate .. .. .. .. .. ,. 126 13 4 90 10 9 Falkland Islands 3,226 0 4 Federated Malay States .. .. .. .. .. .. 2,459 8 7 352 9 4 Fiji ,. ,. , . ., .. .. .. ,. 242 14 0 Gold Coast .. .. .. .. .. .. ., . . 136 13 9 86 1 9 Hong Kong .. .. .. .. .. ., .. . . 281 19 2 67,538 2 3 Imperial Government .. .. .. .. .. .. .. 67,406 12 0 184,099 6 4 Imperial Pensions .. .. .. .. .. .. .. 164,399 19 2 Kenya .. ,. .. .. .. .. .. .. 160 1 3 556 2 3 Mauritius .. .. .. .. .. ,. ., ,. 30 19 7 Newfoundland .. .. .. .. .. .. .. 110 983 15 8 Nigeria .. .. .. .. .. .. .. 1,065 2 0 896 11 10 Niue Island .. .. . . .. .. .. .. .. 205 12 9 162 10 0 Nyassaland 344 7 5 Palestine .. .. .. .. .. .. .. 117 8 6 Queensland .. .. .. .. .. .. .. .. 860 Sarawak .. .. .. .. .. .. .. .. 6 14 3 7 19 3 Southern Rhodesia .. .. .. .. .. .. .. 16 0 3 312 12 3 Straits Settlements .. .. .. .. .. .. .. 44 6 0 113 8 0 Trinidad .. .. .. .. .. .. .. .. 56 14 0 Uganda .. .. .. .. .. .. . . .. 30 12 2 430 5 3 Union Government of South Africa .. .. .. .. .. 373 14 4 Victoria .. .. .. .. .. .. .. .. 241 15 7 Zanzibar .. .. .. .. .. .. .. .. 169 13 0 272,195 6 0 290,820 10 11 Balance at end of Year, — Cash in the Public Account .. .. .. .. .. .. 30,370 3 0 Imprests outstanding— 31,512 5 6 In the Dominion .. .. .. .. .. .. .. 19,266 11 6 49,636 14 6 ' £332,500 18 8 Totals .. .. .. .. .. £321,832 0 6 ACTS ACCOUNT. £ s. d. Finance Act, 1926, Section 8, — | £ s. d. £ s. d. Transfer to Bank of New Zealand Shares Account representing Amount of Shares held at 1st April, 1926 (at cost) — £500,000 Preference " A" Shares (at cost) .. .. .. .. 500,000 0 0 £625,000 Preference " B" Shares (at cost) .. .. .. .. 375,000 0 0 875,000 0 0 Balance at end of Year,— 875,000 0 0 Investment Acoount £875,000 0 0 Totals .. .. .. .. .. .. j .. £875,000 0 0 Note.—In those accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l FPT. I

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

BANK OP NEW ZEALAND 1925-1926. RECEIPTS. 1926-1927. I £ s. d. Finance Act, 1926, Section 8 (2), - £ s. d. £ s. d. Transfer of Shares from Ordinary Revenue Account—■ £750,000 Preference " A" Shares (at cost) .. .. .. .. 750.000 0 0 Transfer of Shares from Bank of New Zealand Acts Account — £500,000 Preference " A" Shares (at cost) .. .. .. .. 500,000 0 0 £625,000 Preference " B" Shares (at cost) .. .. .. .. 375,000 0 0 1,625,000 0 0 Finance Act, 1926, Section 8 (3), — Dividends received in terms of Bank of New Zealand Act, 1920, Section 13 .. .. 212,476 0 6 ; Finance Act, 1926, Section 8 (1), —• Appropriation Act, 1926, Section 17 — Transfer from Consolidated Fund of amount required to pay first instalment of 5s. per share on 234,375 " C " Long-term Mortgage Shares .. .. .. 58,593 15 0 Totals .. .. .. .. .. .. .. £1,896,069 15 6 CHEVIOT ESTATE £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 9,309 19 10 Cash in the Public Account .. .. .. .. .. .. 73,686 13 9 214,640 0 0 Investment Account .. .. .. .. .. .. .. 131,220 0 0 204,906 13 9 223,949 19 10 Receipts under the Land Aot, 1924, — 17,178 14 7 Rents from Lands.. .. .. ., .. .. .. .. 16,960 6 8 65 0 0 Sales .. .. .. .. .. .. .. .. .. 90 0 0 17,050 6 8 17,243 14 7 ! 9,088 14 9 Interest on Securities held by Investment Account .. .. .. .. .. 8,059 3 11 Adjustment of amount wrongly debited in 1925/26 Accounts, — Amortization of Debt — Transfer to Loans Redemption Account for Redemption and Cancellation of securities in terms of Section 24, Finance Act, 1921-22— New Zealand Loans Act, 1908— New Zealand Consolidated Stock, 1940 (nominal value, nil) .. .. 271 16 11 £250,282 9 2 Totals .. .. .. .. .. .. £230,288 1 3 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81

B. —1 [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926.

s—B. 1 [PT. I].

SHARES ACCOUNT. 1925-1926. 1926-1927. Gross. | EXPENDITURE. Gross . £ a. d. £ s. d. £ s. d. Finance Act, 1926, Section 8 (3),— Transfer to Ordinary Revenue Account of dividends received in terms of the * Bank of New Zealand Act, 1920, Section 13 .. .. .. .. .. 212,476 0 6 Balance at end of Year, — Investment Account .. .. .. .. .. .. •• •• 1,683,593 15 0 _ I £1,896,069 15 6 ACCOUNT. £ s. d. Expenditure under the Land Aot, 1924, Section 21, — £ s. d. £ s. d. 858 17 3 Administration Expenses reoouped to the Consolidated Fund.. .. .. .. j 847 19 10 ■ Finance Act, 1919, Section 4,— Public Revenues Act, 1926, Section 139, — 8,866 2 6 Interest recouped to the Consolidated Fund .. .. .. .. .. 6,344 7 8 j 37 6 8 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 37 6 3 Finance Act, 1926, Section 25, — Payment to Ordinary Revenue Account in respect of £50,400 3J New Zealand Consolidated Stock, 1940, redeemed and cancelled during the financial year 1925-26, now deemed to be Cheviot Estate Stock .. .. .. .. •• 50,400 0 0 Amortization of Debt,— Transfer to Loans Redemption Account for Redemption and Cancellation in terms of Section 24 of the Finance Act, 1921-22, of Securities as under— New Zealand Loans Act, 1908 — 35,613 9 0 New Zealand Consolidated Stook, 1940 (nominal value, £42,000) Balance at end of Year, — 73,686 13 9 Cash in the Publio Acoount .. .. .. .. .. .. 12,878 7 6 131,220 0 0 Investment Account .. .. .. .. .. .. .. I 159,780 0 0 204,906 13 9 172,658 7 6 £250,282 9 2 Totals .. .. .. .. .. .. .. £230,288 1 3 — | — Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B. 1— [Pt. 11.

PUBLIC ACCOUNTS, 1 926-1 927.

STATEMENT of the RECEIPIS and EXPENDITURE of SEPARATE ACCOUNT

CONVERSION '1 i 1925-1926. RECEIPTS. 1926-1927. , . — £ s. d. Balanoe at beginning of Year, — £ s. d £ s. d. 5,982 18 4 Cash in the Public Acoount .. .. .. .. .. .. .. * Advances in the hands of Stock Agents — 90 16 10 Cash 6,073 15 2 Adjustment of Amount erroneously debited in 1925-26, —• Amortization of Debt— Transfer to Loans Redemption Account for Redemption and Cancellation in terms of Section 24, Finance Act, 1921-22, of securities raised to cover expenses of conversions— New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1929 .. .. .. .. .. 31 5 2 £6,073 15 2 Totals .. .. .. .. .. .. .. £31 5 2 DETERIORATED £ s. d. £ s. d. £ s. d. Balance at beginning of Year, — Cash in the Public Account .. .. .. .. .. .. .. 1,727 10 1 . New Zealand Loans Act, 1908, —■ Deteriorated Lands Act, 1925— 2,000 0 0 Debentures issued .. .. .. .. .. .. .. .. 10,000 0 0 £2,000 0 0 Totals .. .. .. 11,727 10 1 DISCHARGED SOLDIERS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 6,388 16 9 Cash in the Publio Account .. 15,169 19 4 Imprests outstanding— 12,361 18 9 In the Dominion .. .. .. .. .. .. 11,284 12 4 159,260 0 0 Investment Account .. .. .. .. .. 99,819 0 9 I 126,273 12 5 178,010 15 6 i Credits-in-Aid, — 1,715 13 0 Vote —Expenses of Management .. .. .. .. .. .. .. 15 0 ' Credits in reduction of Expenditure under Section 9 of the Discharged Soldiers 25,943 0 6 | Settlement Act, 1915 .. .. .. .. .. .. .. J .. 9,924 15 7 ■ 205,669 9 0 Carried forward .. .. .. .. .. .. 136,199 13 0 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

ACCOUNT. ms-im. expenditure. 1926-1927. Gross. Gross. £ 8. d. Amortization of Debt, — £ s. d. £ s. d. Transfer to Loans Redemption Account for Redemption and Cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Securities raised to cover expenses of conversions— New Zealand Loans Act, 1908 — 6,073 15 2 New Zealand Consolidated Stock, 1929.. Balanoe at end of Year, — Cash in the Public Aocount .. .. .. .. .. .. .. 31 5 2 £6,073 15 2 Totals .'. .. .. .. .. .. . £31 5 2 LANDS ACCOUNT. £ s. d. Expenditure under Section 12, Subsection 4 (d), of the Deteriorated Lands Act, 1926, — £ s. d. £ s. d. 272 9 11 \ Administration expenses .. .. .. .. ... .. .. .. 6,898 0 5 — Expenditure under Section 11 of the Deteriorated Lands Act, 1925 — Advances for purohase of fencing-materials, lime, or manure, and for capital expenditure .. .. .. .. .. .. .. .. .. 107 15 8 Balanoe at end of Year, — 1,727 10 1 Cash in the Publio Account .. .. .. .. .. .. 4,720 17 4 Imprests outstanding,— In the Dominion .. .. .. .. .. .. .. 0 16 8 4,721 14 0 £2,000 0 0 Totals .. .. .. .. .. .. .. £11,727 10 1 SETTLEMENT ACCOUNT. £ 8. d. Annual Appropriation,— £ s. d. £ s. d 44,526 1 6 Vote —Expenses of Management .. .. .. .. .. .. 41,163 5 1 Unauthorized Expenditure,— 80 0 0 Services not provided for .. — 41,163 5 1 44,606 1 6 26,365 1 11 lixpenditure under Section 9 of the Discharged Soldiers Settlement Act, 1915 .. .. 15,819 12 4 727,093 12 11 Advances made under Sections 6 md 9 of the Discharged Soldiers Settlement Act, 1915 .. 589,146 4 7 Interest on Transfers from the Consolidated Fund, — 500,000 0 0 Discharged Soldiers Settlement Loans Act, 1920, Section 8, Subsection (3) .. 200,000 0 0 40,000 0 0 Appropriation Act, 1920, Section 31, Subsection (3), (Discharged Soldiers) — 200,000 0 0 540,000 0 0 Finance Act, 1919, Section 4, — Public Revenues Act, 1926, Section 139, — 340,690 16 2 Interest recouped to the Consolidated Fund .. .. .. .. .. 162,721 0 0 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935-1945, — 106 19 5 Discharged Soldiers Settlement Loans Act, 1920 Finance Act, 1926, Section 23 (4), — Recoupment of Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935-45— Discharged Soldiers Settlement Loans Act, 1920 .. .. .. .. .. 64 1 4 39 10 0 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 39 9 9 Suspense Account (amounts allocated) .. .. .. .. .. .. 23,256 10 10 1,678,902 1 11 Carried forward.. .. .. .. .. .. 1,032,210 3 11 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 192 6-1 92 7.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

1925-1926. RECEIPTS. 1926-1927. £ t. d. £ 8. d. £ s. d. 205,669 9 0 Brought forward .. .. .. .. .. .. 136,199 13 0 Credits in reduction of Advances under Sections ti and 9 of the Discharged Soldiers I,119 12 2 Settlement Act, 1915 .. .. .. .. .. •• •• •• | Discharged Soldiers Settlement Act, 1915, Section 9, — Repayments in respect of Advances under Sections 6 and 9 of the Discharged Soldiers Settlement Act, 1915, including Proceeds of Sale of Interests in Land 877,386 3 4 under Section 11 of the Discharged Soldiers Settlement Amendment Act, 1921-22 915,759 3 6 Interest in respect of Advances under Sections 6 and 9 of the Discharged Soldiers Settlement Act, 1915, and in respect of Sales of Interests in Land under Section 11 657,450 19 6 of the Discharged Soldiers Settlement Amendment Aet, 1921-22 .. .. 681,488 2 3 1,597,247 5 9 1,534,837 2 10 Discharged Soldiers Settlement Amendment Act, 1921-22, Sections 4, 11, and 13, —• Receipts from Interests in Land acquired by the Crown under Mortgages securing 43,Oil 9 3 Advances to Discharged Soldiers .. .. .. .. •• .. 15,862 15 6 Discharged Soldiers Settlement Amendment Act, 1923, Section 20, Subsection (3), — Receipts from Interests in Land acquired by the Crown under Mortgages securing Advances to Discharged Soldiers — 266 1 3 Interest 63 4 3 Principal 329 5 6 Discharged Soldiers Settlement Amendment Act, 1923, Section 20, Subsection (4),— Receipts from Interests in Land acquired by the Crown under Mortgages securing 23,943 18 3 Advances to Discharged Soldiers .. .. .. .. .. .. 424 0 0 II,224 5 0 Interest on Securities held by Investment Account .. .. .. .. 6,074 17 10 : Suspense Account (receipts awaiting allocation) .. .. .. .. .. 27,177 17 7 5 13 Realization Suspense Account : £1,820,170 3 3 Totals .. .. .. .. .. .. .. £1,782,986 9 8 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 19'2 6-1927.

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT.

—— 'I 1925-1926. EXPENDITURE. 19 f" 1927 ' Gross. Gross. £ a. d. £ s. d. £ s. d. 1,678,002 1 11 Brought forward .. .. .. .. . 1,032,210 3 11 Amortization of Debt, — Transfer to Loans Redemption Account for Redemption, in terms of Section 5, Subsection (3), of the Discharged Soldiers Settlement Loans Act, 1920, of matured Death-duty Stock as under— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Aot, 1917 — 13,250 0 0 Discharged Soldiers Settlement Loans Act, 1920 Securities redeemed at Maturity— New Zealand Loans Act, 1908 — Discharged Soldiers Settlement Loans Act, 1920 — Due 20th April, 1926 .. .. .. •• 6,000 0 0 Due 27th May, 1926 .. .. .. .. .. • ■ 3,100 0 0 Due 13th July, 1926 .. .. .. .. .. 2,500 0 0 Due 19th July, 1926 .. .. .. .. •• •• 5,000 0 0 Due 22nd July, 1926 .. .. .. .. .. •• 3,000 0 0 Due 17th August, 1926 .. .. .. .. .. .. 1,000 0 0 Due 15th September, 1926 .. .. .. .. •• 15,000 0 0 New Zealand Inscribed Stock Act, 1917, — Discharged Soldiers Settlement Loans Act, 1920 — Due 30th May, 1926 .. .. .. .. .. .. 400 0 0 36,000 0 0 Securities redeemed and cancelled in terms of Section 24 of the Finance Act, 1921-22 — New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917 — Discharged Soldiers Settlement Loans Act, 1920— 5£-per-cent. Inscribed Stock, 1933 .. .. .. .. .. .. 200 0 0 Death-duty Stock redeemed — Discharged Soldiers Settlement Loans Act, 1920, Section 5 (3), and Finance Act, 1922, Section 2 — New Zealand Loans Act, 1908— New Zealand Inscribed Stock Aot, 1917 — Discharged Soldiers Settlement Loans Act, 1920— Matured 7th May, 1926 .. .. .. • • .. • • 600 0 0 Matured 1st June, 1926 .. .. . . • • • • 500 0 0 Matured 10th July, 1926 .. .. •• •• 300 0 0 Matured 26th July, 1926 .. .. ■. •. • • 700 0 0 Matured 7th September, 1926 .. .. .. .. •• 3,000 0 0 Matured 9th September, 1926 .. .. ■ . • • • • 500 0 0 Matured 24th September, 1926 .. .. • • • • ■ • 500 0 0 Matured 28th September, 1926 .. .. .. •• 2,000 0 0 Matured 14th October, 1926 .. .. .. • • • • 500 0 0 Matured 6th November, 1926 .. .. .. •. ■ ■ 600 0 0 Matured 16th November, 1926 .. .. .. • • • • 500 0 0 Matured 8th December, 1926 •. • . • • • • • • 200 0 0 Matured 9th December, 1926 . . • • ■ • • • • ■ 500 0 0 Matured 1st March, 1927 .. .. .. .. .. • • 500 0 0 Matured 14th March, 1927 .. .. •. ■ • • • 700 0 0 Matured 16th March, 1927 .. .. • • • • • • 200 0 0 Matured 22nd March, 1927 .. .. .. ■ ■ • • 2 500 0 0 — 14,300 0 0 Adjustment of Amount erroneously credited in 1922-23,— New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1935/1945 — Discharged Soldiers Settlement Loans Aot, 1920 — 1 16 3 Premiums Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908— 30 18 0 Discharged Soldiers Settlement Loans Act, 1920 (redemptions) .. .. 6 5 0 Finance Act, 1918, No. 2, Section 31 (Discharged Soldiers Settlement) 1,700 0 0 (redemptions) .. .. .. .. .. • • • • 1,000 0 0 Discharged Soldiers Settlement Loans Act, 1920— 11 14 8 Stamp Duty on Transfers of New Zealand Consolidated Stook, 1935/1945 1,006 5 0 1,742 12 8 Balanoe at end of Year, — 15,169 19 4 Cash in the Public Acoount .. .. .. .. .. .. 224,482 2 10 Imprests outstanding— 11,284 12 4 In the Dominion .. .. .. .. .. .. •• 7,404 4 8 99,819 0 9 Investment Account .. .. .. .. .. .. •• 467,383 13 3 699,270 0 9 126,273 12 5 U,820,170 3 3 Totals . .. £1,782,986 9 8 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 192 6-1 927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

DISCHARGED SOLDIERS SETTLEMENT 1925-1920. RECEIPTS. 1926-1927. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 1,484 14 9 Cash in the Public Aocount .. .. .. .. .. .. 18,196 12 5 270,250 0 0 Investment Account .. .. .. .. .. .. .. 276,850 0 0 — 295,046 12 5 271,734 14 9 11,876 5 2 Interest on Securities held by Investment Account .. .. .. .. .. 12,879 1 2 Discharged Soldiers Settlement Loans Act, 1920, Section 7, — 50,000 0 0 Transfer from the Consolidated Fund .. .. .. . • .. j 50,000 0 0 £333,610 19 11 Totals .. .. .. .. .. .. .. j £357,925 13 7 EDUCATION LOANS 1 t a. d. Balance at beginning of Year,— £ a. d. £ s. d. 3,173 16 10 Cash in the Public Account .. .. .. .. .. .. 39,775 10 7 Imprests outstanding— 1,181 2 6 In the Dominion .. .. .. .. .. .. .. 379 16 11 122,100 0 0 Investment Account 40,155 7 6 126,454 19 4 Credits in reduction of Expenditure under Section 3 of the Eduoation Purposes 6,224 10 6 Loans Act, 1919 .. .. .. .. .. .. .. •• 4,298 5 10 New Zealand Loans Act, 1908, — Eduoation Purposes Loans Act, 1919 — 478 650 0 0 Debentures issued .. .. .. • • .. .. . ■ .. 566,960 0 0 £611,329 9 10 Totals .. .. .. .. .. .. .. £611,413 13 4 Notb. In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1 92 7.

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926-continued.

LOANS ACT 1920 DEPRECIATION FUND ACCOUNT. 192 r 5 - 1926 - EXPEND,TURE. 5 "" 1927 - Gross. Gross. £ s. d. £ s. d. £ s. d 193 10 0 Commission, Costs, and Expenses of Purchases of Securities for Cancellation .. ., 9 16 0 Amortization of Debt,— Redemption and Cancellation of Securities in terms of Section 7 of the Discharged Soldiers Settlement Loans Act, 1920 — New Zealand Loans Act, 1908 — Discharged Soldiers Settlement Loans Act, 1920 — pfc£5£-per cent. Debentures, 1933 (nominal value, £1,400).. .. .. 1,392 7 6 Zealand Inscribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920 — 5j-per-eent. Inscribed Stock, 1933 (nominal value, £560) .. .. 557 1 6 1,949 9 0 Transfer to Loans Redemption Account for Redemption and Cancellation in terms of Section 7 of the Discharged Soldiers Settlement Loans Act, 1920— 7,263 5 0 Discharged Soldiers Settlement Loans Act, 1920 New Zealand Inscribed Stock Act, 1917— 31,107 12 6 Discharged Soldiers Settlement Loans Act, 1920 38,370 17 6 Balance at end of Year,— 18,196 12 5 Cash in the Public Account .. .. .. .. .. .. 59,316 8 7 276,850 0 0 Investment Account .. .. .. .. .. .. .. 296,650 0 0 295,046 12 5 355,966 8 7 £333,610 19 11 Totals .. .. .. .. .. .. .. £357,925 13 7 ACCOUNT. £ s. d. £ a. d. £ s. d. 571,087 13 0 Expenditure under Seotion 3 of the Education Purposes Loans Aot, 1919.. .. .. 505,963 11 6 Expenditure under Section 16 of the Appropriation Act, 1926, — Land and buildings for Agricultural College .. .. .. .. .. 49,275 15 0 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — 59 7 6 Education Purposes Loans Aot, 1919 .. .. .. .. Eduoation Purposes Loans Act, 1919 (redemptions) .. .. . 12 10 0 23 9 3 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/1945 I 12 10 0 82 16 9 Adjustment of Amount incorrectly credited in Financial Year 1922-23, — New Zealand Loans Act, 1908— New Zealand Consolidated Stook, 1935/45 — Education Purposes Loans Aot, 1919 - 2 22 7 Premiums .. .. .. .. .. .. .. .. .. I ° I ■ ; : ■ ■ Balance at end of Year,— 39 775 10 7 Cash in the Public Account .. .. .. .. .. .. 33,658 4 7 Imprests outstanding— 1ft 11 In the Dominion .. .. .. .. .. .. . 233 12 3 Investment Account .. .. .. .. .. .. .. 22,270 0 0 H 56,161 16 10 40,155 7 6 £611,329 9 10 Totals . .. .. .. .. .. .. £611,413 13 4 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924—25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I]

PUBLIC ACCOUNTS, 1 926- 1 927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

GENERAL PURPOSES 1925-1926. RECEIPTS. 1926-1927. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 3,169 0 9 Cash in the Public Acoount.. .. .. .. .. .. . 6,313 15 11 15,000 0 0 Investment Acoount .. .. .. .. .. 15,000 0 0 21,313 15 11 18,169 0 9 634 16 3 Repayment of Advanoes (Waimarino Bush-fire Relief) .. .. .. .. .. 692 4 10 786 11 3 Interest on Advances (Waimarino Bush-fire Relief) .. .. .. .. .. 541 3 0 Finance Act, 1921-22, Section 20 (3), — Public Revenues Act, 1926, Section 136 (3), — Repayment of Advances— 2,000 18 11 Flood Relief .. .. .. .. .. .. .. .. 4,020 17 10 Fire Relief .. .. .. .. .. .. .. .. 50 0 0 In aid of Works of Production— 728 9 2 Moutere Hills Orcharaists .. .. .. .. .. . 761 14 5 121 11 0 Ferngrove Sawmilling Company .. .. .. .. .. 123 13 9 186 0 0 Assistance to Cider Manufacturers 4,956 6 0 3,036 19 1 Finanoe Act, 1921-22, Section 20 (3), — Public Revenues Act, 1926, Section 136 (3), — Interest on Advances— 437 0 9 Flood Relief .. .. .. .. .. .. .. .. | 322 0 3 5 0 0 Fire Relief .. .. .. .. .. .. .. 14 0 0 In aid of Works of Production— 176 12 7 Moutere Hills Orchardist .. .. .. .. .. .. 125 4 2 9 19 3 Ferngrove Sawmilling Company .. .. .. .. .. 694 192 10 0 Nelson Farmers'Union Lime Company .. 112 10 0 Assistance to Cider Manufacturers 467 13 9 933 12 7 675 0 0 Interest on Securities held by Investment Acoount .. .. .. .. .. 776 12 3 £24,235 19 11 Totals .. .. .. .. .. .. .. £28,747 15 9 I ~ HAURAKI PLAINS £ s. d. Balance at beginning of Year,— j £ s. d. £ s. d. 5,906 15 1 Cash in the Publio Account .. .. .. .. .. .. 33,433 17 2 Imprests outstanding— In the Dominion .. .. .. .. .. .. 71 19 10 H 33,505 17 0 Credits in reduction of Expenditure under Section 5 of the Hauraki Plains Act, ' 1908, and Seotion 93 of the Reserves and other Lands Disposal and Public Bodies 9,419 9 6 Empowering Act, 1916 .. .. .. .. .. .. .. .. 6,977 3 10 Credits in reduotion of Expenditure under Seotion 5, Subseotion (2), of the Hauraki 1 126 7 0 Plains Amendment Act, 1922 (Maintenance of Completed Works) .. .. ,, 28 10 7 Receipts under Section 5 of the Hauraki Plains Aot, 1908, — 9,479 16 8 Rents •• •• •• •• '• •• •' •' '• 9,560 17 9 721 11 0 Land-sales .. .. .. .. .. .. .. .. 2,294 12 0 1 413 9 7 Miscellaneous .. .. .. .. .. .. .. .. 1,631 5 0 'ill 1 4 Interest on Sales .. .. .. .. .. .. .. 106 8 6 13,593 3 3 11,725 18 7 Hauraki Plains Amendment Aot, 1911, Section 3, and Hauraki Plains Amendment Aot, 1922, Seotion 5 (1), — 10,848 18 0 Rate Acoount .. .. .. .. .. .. .. .. .. 5,208 11 10 New Zealand Loans Act, 1908, — Hauraki Plains Amendment Act, 1913, and Finance Aot, 1924, Section 4— 70 000 0 0 Debentures issued Public Revenues Aot, 1926, Section 40, — Temporary transfers from other Accounts .. .. .. .. .. .. 10,000 0 0 £109 027 8 2 Totals .. .. .. .. .. .. .. £69,313 6 6 iSj 0TE , j n these accounts the credits-in-aid (section 51, Public Revenues Aot, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 192 6-192 7

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

6—B. 1 [PT. I].

BELIEF ACCOUNT. 1925-1926. EXPENDITURE. 1926-1927. Gross. Gross. £ s. d. Finance Act, 1921-22, Section 20 (3), — £ s. d. £ s d Public Revenues Act, 1926, Seotion 136 (3),— 2,892 13 6 Advances for Flood Relief .. .. .. .. .. .. .. 71 14 0 Advances for Fire Relief .. .. .. .. .. .. .. g07 io 6 In aid of Works of Production— 10 17 0 Advances to Orchardists (Moutere Hills) .. .. .. .. .. 110 Advance to Ferngrove Sawmilling Company .. ,, .. .. 1 11 0 18 13 6 Assistance to Cider Manufacturers .. .. .. .. .. 18 3 2 — 999 19 8 2,922 4 0 ' Public Revenues Act, 1926, Section 139, — Interest recouped to the Consolidated Fund .. .. .. .. .. , _ Q _ • • 1 j/ oS U 0 Balanoe at end of year,— 6,313 15 11 Cash in the Publio Account.. .. .. .. .. .. .. 5,962 16 1 15,000 0 0 Investment Account .. .. .. .. .. .. 20 000 0 0 21,313 15 11 25,962 16 1 £24,235 19 11 Totals .. .. .. .. .. .. .. £28 747 15 9 = I = SETTLEMENT ACCOUNT. £ s. d. Expenditure under Section 5 of the Hauraki Plains Act, 1908, and Seotion 93 £ s. d. £ s. d. of the Reserves and other Lands Disposal and Publio Bodies Empowering 66,945 7 6 Aot, 1916.. .. .. .. .. ,. .. .. .. .. 50,082 4 8 Expenditure under the Hauraki Plains Amendment Act, 1922, Section 5 (2), (Main8,178 13 3 tenance of Completed Works) .. .. .. .. .. .. __ 6,682 9 6 Expenditure under the Hauraki Plains Amendment Act, 1922, Section 5 (3), (Re2 10 5 coupment of Bates to the Consolidated Fund) .. .. .. .. .. 405 Expenditure under Section 4 (2) of the Finance Act, 1924 (Payment for Lands se t 395 0 0 apart under the Hauraki Plains Act, 1908) .. .. .. .. .. .. 147 2 0 Public Bevenues Act, 1926, Section 40, —- Interest paid on temporary transfers from other Accounts .. .. ., .. 38 7 1 Balance at end of Year,— 33,433 17 2 Cash in the Publio Account .. .. .. .. .. .. 12,359 2 10 Imprests outstanding— 71 19 10 In the Dominion ... .. — 12,359 2 10 33,505 17 0 £109,027 8 2 Totals .. .. .. .. .. .. .. £69,313 6 6 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

Bl [Pt. I].

PUBLIC ACCOUNTS, 1926-1927

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

HOWARD ESTATE 1925-1926. RECEIPTS. 1926-1927. £ s. d. Receipts under Section 7 of the Howard Estate Act, 1919,— £ s. d. £ b. d. 242 10 11 Amount received from the Public Trustee mYTolT Iota], HUNTER SOLDIERS £ s. d. j Balance at beginning of Year,— I £ s - d - £ a ' d ' 2,547 16 7 Cash in the Public Account .. .. •. •- •• •• 5 7. i Investment Account .. .. •• •• •• •• -.yioU 0 663 10 6 Rents .. .. .. • ■ • • • ■ • • • • • • • • 654 1 6 Interest on Securities held by Investment Account .. .. .. •• •• 123 13 3 £3,211 7 1 Totals .. .. .. •• •• j •• HUTT VALLEY LAND I s. d. Hutt Valley Land Settlement Act, 1925, Section 11 (1),— £ s. d- £ s. d. I Rpnts •• •• •• •• •• •• ' " -.I ; Sales of Land .. '28,076 15 0 Interest on Sales .. .. •• •• •• •• •• 454 7 4 32,125 1 10 Public Revenues Act, 1926, Section 40, — Interest received on temporary transfers to other Accounts •• •• •• o J 7 "7 ! Totals •• £32,170 11 5 I _ KAURI-GUM INDUSTRY £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 2,434 13 10 Cash in the Publio Aocount .. .. .. .. •• •• •• 3,441 18 5 Credits in reduction of Expenditure under Ssction 4 of the Kauri - gum Industry 69 2 11 Amendment Act, 1914 .. .. .. .. .. •• •• •• 192 16 5 5,521 15 6 Sale of Kauri-gum .. .. .. .. .. .. . • .. •• 6,9.13 5 2 3 12 3 Miscellaneous Receipts .. .. .. .. .. •• 346 Advance from Consolidated Fund for Purchase of Kauri-gum (treated as an advance 10,000 0 0 in anticipation of Legislation) £18,029 4 6 Totals .. .. .. .. .. .. •• £10,551 4 6 Note. In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. [].

PUBLIC ACCOUNTS, 1926-19 27.

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

ACCOUNT. 1925-1926. EXPENDITURE. 1926-1927. Gross. ! Gross. ! ; J £ s. d. Expenditure under Section 38 of the Finance Act, 1922, — £ s. d. £ s. d. 242 10 11 Payment of Rates .. .. .. .. .. .. .. .. .. 239 13 11 £242 10 11 Totals .. .. .. .. .. .. .. £239 13 11 ASSISTANCE TRUST ACCOUNT. £ s. d. Expenditure under Section 6 (a) of the Hunter Gift for the Settlement of Discharged £ s. d. £ s. d. 33 3 7 Soldiers Act, 1921 .. .. .. .. ,. .. .. .. 32 14 2 Land Act, 1924, Section 139, — 93 17 7 " Thirds " and " Fourths " paid to Local Bodies'Deposit Accounts .. .. .. 94 17 7 Balance at end of Year, — 334 5 11 Cash in the Public Account .. .. .. .. .. .. 684 8 11 2,750 0 0 Investment Account .. .. .. .. .. .. .. 3,050 0 0 3,734 8 11 3,084 5 11 £3,211 7 1 Totals .. .. .. .. .. .. £3,862 0 8 SETTLEMENT ACCOUNT £ s. d. Public Revenues Act, 1926, Section 40,— £ s. d. £ s. d. Temporary transfers to other Accounts .. .. .. .. .. .. 5,000 0 0 Balance at end of Year, — Cash in the Public Account .. .. .. .. .. .. .. 27,170 11 5 Totals .. .. .. .. .. .. .. £32,170 11 5 ACCOUNT. £ s. d. £ s. d. £ s. d. 14,587 0 1 Expenditure under Section 4 of the Kauri-gum Industry Amendment Act, 1914 .. .. 3,186 2 0 Finance Act, 1926, Section 20, — Repayment of Advance made from Ordinary Revenue Acoount .. .. .. 5,000 0 0 Balance at end of Year, — 3,441 18 5 Cash in the Public Account .. .. .. .. .. .. .. 2,365 2 6 £18,029 4 6 Totals .. .. .. .. .. .. .. £10,551 4 6 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 192 6-1 92 7.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

LAND ASSURANCE 1925-1926. RECEIPTS. 1926-1927. £ s. d. Balance at begins ing of Year— f n n n' S " 6,699 5 4 Cash in the Public Account .. .. .. ■■ •• nn a n 80,000 0 0 Investment Account .. .. .. •• •• •• 78,400 0 0 1_ 80,7o9 9 9 86,699 5 4 Receipts under Seotion 185 of the Land Transfer Act, 1915, — 734 12 0 Levy on value of land brought under the Act 3,446 5 8 Interest on Securities held by Investment Account .. .. •• •• •• 3,297 18 0 £90,880 3 0 Totals .. .. .. •• •• £84,057 7 9 LAND FOR SETTLEMENTS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 1,731 13 0 Cash in the Public Account .. .. .. •• •• 679 15 1 Imprests outstanding— 1,671 1 11 In the Dominion .. .. .. •• •• •• •• 5,488 1 6 57,500 0 0 Investment Account .. .. .. •• •• •• •• 127,000 0 0 133,167 16 7 60,902 14 11 Credits-in-Aid, — Vote—Land for Settlements Expenses .. .. .. ■ • • • • • 22 17 8 Credits in reduction of Expenditure on Estates, — 187 10 3 Acquirement of Estates .. .. .. •• •• 2,042 19 0 24,628 18 8 Expenses incidental to Estates .. .. .. .. •• •• 11,227 2 5 ** 13,270 1 5 24,816 8 11 Receipts derived from Estates, — 364,009 0 5 Rents, &c. 3 57,.322 \ I A? 244 3 11 Sales .. .. .. •• •• •• •• •• •• 53,506 4 7 2?'"fill 11 2 Interest on Sales .. .. .. .. .. •• •• •• 24,032 17 1 id 434,861 3 10 470,887 17 6 Land Laws Amendment Act, 1912, Seotion 5, — 1,446 12 8 Interest on Sales of Crown Lands .. .. .. .. .. •• •• 657 6 8 Land Act, 1924, Section 20, — 76,011 13 10 Sale of Crown Lands .. .. .. .. .. . ■ •• •• 46,503 8 1 1,248 14 0 Receipts on account of Capital Value of Land under the Land Act, 1924, Section 208 .. 212 9 0 635,314 1 10 Carried forward .. .. .. .. .. .. 628,695 3 3 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1.926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-19 27

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

FUND ACCOUNT. 1925-1926. 1926-1927. Gross. EXPENDITURE. Gross £ s. d. j £ s. d. £ s. d. Expenditure under Section 188 of the Land Transfer Act, 1915, — 60 0 0 ' Claims admitted and paid from the Fund .. .. .. .. .. .. 5 5 0 Expenditure under Section 202 of the Land Transfer Act, 1915,— 60 13 3 \ Expenses of proceedings paid from the Fund I Expenditure under Section 18 of the Finance Act, 1924, — Expenses of carrying into effect the provisions of the Land Transfer (Compulsory 10,000 0 0 Registration of Titles) Aot, 1924 .. .. .. .. .. .. •• 3,000 0 0 Balance at end of Year,— 2,359 9 9 | Cash in the Public Acoount.. .. .. .. .. .. .. 4,652 2 9 78,400 0 0 Investment Account .. .. .. .. .. .. .. 76,400 0 0 < —i 81,052 2 9 SO,759 9 9 £.90,880 3 0 Totals .. .. .. .. .. .. .. £84,057 7 9 ACCOUNT. — . . . j . £ a. d. Annual Appropriation,— £ s. d. 1 £ s. d. j 3,152 7 3 Vote —Land for Settlements Expenses . .. .. .. .. 3,127 17 4 Unauthorized Expenditure— Services not provided for .. .. .. .. .. .. .. 1 45 0 0 j — 3,172 17 4 j Expenditure under the Land for Settlements Act, 1925, Section 45, — 68,869 14 4 Acquirement of Estates .. .. .. .. .. .. .. 88,030 11 9 32,059 6 0 Expenses incidental to Estates .. .. .. .. .. .. 76,692 11 5 j 164,723 3 2 100,929 0 4 Expenditure under Section 20 (4) of the Discharged Soldiers Settlement Amendment Act, 1923 (Payment to Discharged Soldiers Settlement Account in respect of 15,503 18 6 amount added to the Capital Value of Land) .. .. .. .. .. 370 0 0 Expenditure under Section 83 (3) of the Land Act, 1924 (Payment in respect of Value of Improvements) .. .. .. .. .. .. .. .. .. i 38 0 0 Expenditure under Section 20 (3) of the Land Aot, 1924 (Payment in respect of Land 850 0 0 obtained for Government Works, now deemed to be Settlement Land) .. .. .. 40 0 0 Land Act, 1924, Seotion 139, — 218 0 9 " Thirds " and " Fourths " paid over to Local Bodies' Deposit Accounts .. .. .. 97 18 1 186 17 2 Interest under Section 208 (8) of the Land Act, 1924 .. .. .. . . .. 203 18 4 Land for Settlements Act, 1925, Section 105, —• Amount paid in respect of Crown Lands proclaimed Land for Settlements Lands .. .. 307 15 0 Expenditure under Section 49 (4), Land for Settlements Act, 1925, — Amount appropriated from sales of Crown Land in payment for settlement land converted into ordinary Crown Land .. .. .. .. .. .. 250 0 0 Expenditure under the Reserves and other Lands Disposal and Public Bodies' Empowering Act, 1925, Section 18 (1) (b), — Expenses in connection with the acquirement of land .. .. .. .. .. 2,304 10 1 Land Laws Amendment Act, 1926, Section 13, — Interest oil Proceeds from Sales of Crown Lands .. .. .. .. .. 22,000 0 0 Finance Act, 1926, Section 23 (4) — Recoupment of Stamp Duty on Transfers of New Zealand Consolidated Stock, 1944 — New Zealand State-guaranteed Advances Acts, 1909-10 — Land for Settlements Branch .. .. .. .. .. .. .. 683 Finance Act, 1919, Section 4,— Public Revenues Act, 1926, Section 139, — 355,064 18 11 Interest recouped to the Consolidated Fund .. .. .. .. •• I •• I 357,630 11 6 323 3 6 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 322 19 10 476,228 6 5 Carried forward .. .. .. .. .. .. .. 551,468 1 7 ■ I Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing th<» net expenditure will be shown on page 81.

B.— l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

LAND FOR SETTLEMENTS 1925-1926. RECEIPTS. 1926-1927. £ s. d. £ s. d. £ s. d. 635,314 1 10 Brought forward .. .. .. . • •• 628,695 3 3 Amount received from the State Advances Office under Section '26 of the Finance 3,195 0 0 Act, 1921 (Value of Workers'Dwellings taken over) Land for Settlements Act, 1925, — Amounts received in respect of settlement land converted into ordinary Crown Land or National Endowment Land— Reoeipts_under Section 49, Subsections (2) and (3) .. .. .. .. 1,103 12 0 Receipts under Seotion 49, Subsection (4) .. .. .. .. .. 250 0 0 v v 1,353 12 0 4,088 4 0 Interest on Securities held by Investment Account .. .. .. .. 5,096 0 10 New Zealand Loans Aot, 1908, — Land for Settlements Act, 1925, Section 44— Debentures issued .. .. .. .. .. •• •• •• 100,000 0 0 Adjustment of entry erroneously made in 1924-25, — Charges and Expenses of raising LoansNew Zealand Loans Aot, 1908 — New Zealand State-guaranteed Advanoes Acts, 1909 and 1910 (Land for Settle56 15 1 ments Branch) £642,654 0 11 Totals .. .. .. .. •• •• •• £735,144 16 1 LAND FOR SETTLEMENTS ACCOUNT £ s. d. Balanoe at beginning of Year, — £ s. da £ s. d. 6,571 0 4 Cash in the Public Account .. .. .. •• •• •• 20,414 14 8 Imprests outstanding— 1,060 11 2 In the Dominion ... .. .. .. .. •• 858 7 10 Investment Account .. .. .. .. •• •• •• 50,000 0 0 71,273 2 6 7,631 11 6 Credits-in-Aid, — 7 16 Vote—Land for Settlement of Discharged Soldiers : Expenses.. Credits in reduction of Expenditure on Estates, — 4 0 0 Acquirement of Estates .. .. .. • • • • • • • • J"; j; 4,272 8 8 Expenses incidental to Estates .. .. -• •• ® " — 1,008 17 5 4,276 8 8 Receipts derived from Estates, — _ _ 75,548 2 5 Rents 70,899 5 0 4,305 12 4 Sales .. .. .. .. .. .. •• •• 3,567 10 3 547 11 0 Interest on Sales .. .. .. .. .. •• •• •• 9 11 — 74,897 5 2 80,401 5 9 ——— Reoeiptsjinder Seotion 49 (2 and 3), Land for Settlements Act, 1925, — _ Amounts received in respect of Settlement Land converted into ordinary Crown Land or National Endowment Land .. .. .. •. • • • • 54 0 0 687 10 7 Interest on Securities held by Investment Account .. .. .. .. 1,797 12 11 Public Revenues Act, 1926, Seotion 40, — Interest received on temporary transfers to other Accounts .. .. .. .. 87 13 4 £93,003 18 0 Totals .. .. .. .. .. .. £149,118 11 4 _ 1 Nora. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. ||g tte&l For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B. —1 [PT. I].

PUBLIC ACCOUNTS, 1926-1927

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 192 6—continued.

ACCOUNT- continued. 1925-1926. 1926-1927. Gross. EXPENDITURE. Gross £ s. d. £ s. d. £ s. d. 476,228 6 5 Brought forward .. .. . .. .. .. 551,468 1 7 Land for Settlements Act, 1925, Sections 45 (1 b) and (3), — Recoupment to Ordinary Revenue Account of amount charged thereto for Reduction 657 4 1 of Funded Debt .. .. .. .. .. .. .. .. .. 465 16 8 Amortization of Debt.— Transfer to Loans Redemption Account for Redemption of Debentures as under— 16,800 0 0 Land for Settlements Act, 1908 5,775 0 0 Land for Settlements Act, 190S, and Finance Act, 1915, Section 106 22,575 0 0 Debentures redeemed at Maturity,— Land for Settlements Act, 1925, Section 45 (1 b) — New Zealand Loans Act, 1908 — Land for Settlements Act, 1908 (matured 1st May, 1926) .. .. .. 9,500 0 0 Land for Settlements Act, 1908, Finance Act, 1915, Section 106 (matured 1st May, 1926) .. .. .. .. .. .. .. 10,000 0 0 19,500 0 0 Land Laws Amendment Act, 1913, Section 63, and Appropriation Act, 1918, Section 42, — Amount transferred to Land for Settlements Account (Opening up Crown Lands for 10,000 0 0 Settlement Account) Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — 5 16 0 Land for Settlements Act, 1908 (Renewals) .. Land for Settlements Act, 1908 (Redemptions) .. .. .. .. 258 2 6 258 2 6 Stamp Duty on Transfer of New Zealand Consolidated Stock, 1944— New Zealand State-guaranteed Advances Acts, 1909 and 1910 (Land for Settlements 19 17 10 Branch) Balance at end of Year.— 679 15 1 Cash in the Public Account .. .. .. .. .. .. 21,515 2 4 Imprests outstanding— 5,488 1 6 In the Dominion.. .. .. .. .. . .. .. 837 13 0 127,000 0 0 Investment Account .. — .. .. .. .. 141,100 0 0 163,452 15 4 133,167 16 7 £642,654 0 11 Totals .. .. .. .. .. .. .. £735,144 16 1 (Discharged Soldiers Settlement Account). £ s. d. Annual Appropriation,—• £ s. d. £ s. d. 1,450 8 1 Vote —Land for Settlement of Discharged Soldiers: Expenses .. .. .. 2,658 1 1 Expenditure under the Land for Settlements Act, 1925, Section 45, — Acquirement of Estates . . .. .. .. .. .. .. 600 0 0 13,871 17 8 Expenses incidental to Estates .. .. .. .. .. .. 7,532 18 9 [ 8,132 18 9 ' - Expenditure under Section 20 (4) of the Discharged Soldiers Settlement Amendment Act, 1923,— Payment to Discharged Soldiers Settlement Account in respect of Amount added 6,408 9 9 to Capital Value of Land .. .. .. .. .. .. .. i 54 0 0 Public Revenues Act, 1926, Section 40, — Temporary transfers to other Accounts .. .. .. .. ... .. j 20,000 0 0 Balance at end of Year, — 20,414 14 8 Cash in the Public Account .. .. .. .. .. .. 23,273 11 6 Imprests outstanding— 858 7 10 In the Dominion 50,000 0 0 Investment Account .. .. .. .. .. .. .. 95,000 0 0 : ! 118,273 11 6 71,273 2 6 £93,003 18 0 Totals .. .. .. .. .. .. . £149,118 11 4 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I]

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

LAND FOB SETTLEMENTS ACCOUNT 1925-1926. RECEIPTS. 1926-1927. I £ s. d. Balanoe at beginning of Year,— j £ s. d. £ s. d. 4,182 12 9 Cash in the Publio Account .. .. .. .. .. ..[ .. 6,002 11 0 Credits-in-Aid, — 12 17 11 Vote—Opening up Land for Settlements .. .. .. .. .. j _ 1,254 15 7 Recoveries on Account of Expenditure of previous Years .. .. .. .. 3 5 4 Land for Settlements Act, 1925, Section 47,— 17,746 10 6 Receipts .. .. .. .. .. .. .. .. .. .. 15.168 11 7 Land Laws Amendment Act, 1913, Seotion 63, and Appropriation Act, 1918, Section 42, — 10,000 0 0 Amount set aside from Land for Settlements Account £31,942 1 2 Totals .. .. .. .. .. .. .. £23,029 3 6 LOANS REDEMPTION £ s. d. Balance at beginning of Year, — £ s. d. £ s. d 16,962 0 3 Cash in the Public Account .. .. .. .. .. .. 18,508 15 5 50,000 0 6 Investment Account .. .. .. 18,508 15 5 66,962 0 3 New Zealand Loans Act, 1908, — Inscribed Stock issued in Conversion of Bonds, as per contra — New Zealand Inscribed Stock Act, 1917 — Discharged Soldiers Settlement Loans Act, 1920 — 5£-per-cent. Inscribed Stock, 1930 .. .. .. .. .. 50 0 0 15,300 0 0 5|-per-cent. Inscribed Stock, 1933 .. .. .. .. .. 9,600 0 0 Electric-power Works Loan Act, 1919— 4,100 0 0 5-per-cent. Inscribed Stock, 1930 .. .. .. .. .. 1,000 0 0 Finance Act, 1915, Section 105 (Public Works) — 9,000 0 0 Inscribed Stock, 1925 700 0 0 4J-per-cent. Inscribed Stock, 1930 7,500 0 0 4|-per-cent. Inscribed Stock, 1940 .. .. .. .. .. 2,000 0 0 5J per-eent. Inscribed Stock, 1930 .. .. .. .. .. 6,830 0 0 Finance Act, 1916, Section 35 (War Expenses)— 72,500 0 0 4J-per-cent. Inscribed Stock, 1930 .. . . .. .. .. 5,550 0 0 13,450 0 0 4|-per-cent. Inscribed Stock, 1938 .. .. .. .. 600 0 0 4J-per-cent. Inscribed Stock, 1941 .. .. .. .. .. 4,550 0 0 Finance Act, 1918, Section 10 (War Expenses)— 1,000 0 0 5£-per-cent. Inscribed Stock, 1928 Finance Act, 1918 (No. 2), Part IV (War Expenses)— 46,000 0 0 Inscribed Stock, 1939 .. .. .. .. .. 44,100 0 0 100 0 0 5£-per-eent. Inscribed Stock, 1930 .. .. .. .. .. 800 0 0 Finance Act, 1920, Section 15 (Public Works) — 5J-per-cent. Inscribed Stock, 1932 .. .. .. .. .. 7,300 0 0 State Advances Act, 1913 (Advances to Settlers Branch) — 1,850 0 0 5J-per-cent. Inscribed Stock, 1936 .. .. .. .. .. 8,200 0 0 5J-per-cent. Inscribed Stock, 1951 .. .. .. .. .. 4,000 0 0 State Advances Act, 1913 (Advances to Workers Branch) — 5J-per-cent. Inscribed Stock, 1932 .. .. .. .. .. 400 0 0 5J-per-cent. Inscribed Stock, 1936 .. .. .. .. .. 300 0 0 5J-per-eent. Inscribed Stock, 1951 .. .. .. .. .. 2,000 0 0 War Purposes Loan Act, 1917 — 146,100 0 0 4J-per-cent. Inscribed Stock, 1938 .. .. .. .. 71,900 0 0 4,500 0 0 5-per-cent. Inscribed Stock, 1927 .. .. .. .. 400 0 0 100 0 0 5J-per-cent. Inscribed Stock, 1926 169,580 0 0 322,200 0 0 Debentures issued in conversion of Inscribed Stock — State Advances Act, 1913 (Advances to Settlers Branch) — 5J-per-cent. Debentures, 1934.. .. .. .. .. .. 118,600 0 0 5J-per-cent. Debentures, 1936.. .. .. .. .. .. 300 0 0 ! 118,900 0 0 389,162 0 3 Carried forward .. .. .. .. .. .. 306,988 15 5 Note. —In these accounts the credi'ts-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B. —1 [PT. I]

PUBLIC ACCOUNTS, 1926- 1 927.

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

7—B. 1 [PT. I].

(Opening up Grown Lands for Settlement). 1925-1926. ! 1926-1927 rrn . = EXPENDITURE. „ " ross - Gross. £ s. d. Annual Appropriation,— £ s , f)_ £ s> _ 17,193 10 10 Vote—Opening up Land for Settlements .. . .. .. .. .. 13,968 19 7 Recoupments under the Finance Act, 1919, Section 4, — 8,145 19 4 Interest Balance at end of Year, — 6,602 11 0 Gash in the Public Account .. .. .. .. .. .. .. 9 060 3 11 £31,942 1 2 Totals .. .. .. .. .. .. . £23 029 3 6 ACCOUNT. £ s. d. Bonds and Debentures converted into Inscribed Stock under Section 3 of the £ s. d. i g ( i New Zealand Inscribed Stock Act, 1917, — New Zealand Loans Act, 1908 —• Discharged Soldiers Settlement Loans Act, 1920 — Due 1st July, 1930 .. .. .. .. .. .. .. 50 0 0 15,300 0 0 Due 15th January, 1933 .. .. .. .. .. .. 9,600 0 0 Electric-power Works Loan Act, 1919 — 4,100 0 0 Due 15th July, 1930 .. .. .. .. .. 1,000 0 0 Finance Act, 1915, Section 105 (Public Works) — 9,000 0 0 Due 15th December, 1925 .. .. .. .. .. 700 0 0 Due 15th December, 1930 .. .. ..I 6,830 0 0 7,500 0 0 Due 15th December, 1940 .. .. .. . . 2,000 0 0 Finance Act, 1916, Section 35 (War Expenses)— 72,500 0 0 Due 1st September, 1930 .. .. .. .. .. .. 5,550 0 0 13,450 0 0 Due 1st September, 1941 .. .. .. .. .. .. j 5,150 0 0 Finance Aot, 1918, Section 10 (War Expenses)— 1,000 0 0 Due 1st February, 1928 Finance Act, 1918 "(No. 2), Part IV (War Expenses) — 100 0 0 Due 1st July, 1930 .. .. .. .. .. .. .. : 800 0 0 46,000 0 0 Due 20th April, 1939 .. .. .. .. .. .. 44,100 0 0 Finance Act, 1920, Section 15 (Public Works) — Due 15th February, 1932 .. .. .. .. .. .. 7,300 0 0 State Advances Act, 1913 (Advances to Settlers Branch) — 1,850 0 0 Due 1st February, 1936 .. .. .. .. .. .. 8,200 0 0 Due 1st February, 1951 .. .. .. .. .. .. 4,000 0 0 State Advances Act, 1913 (Advances to Workers Branch) — Due 15th February, 1932 . . . . .. . . .. .. j 400 0 0 Due 1st February, 1936 .. .. .. . . .. .. : 300 0 0 Due 1st February, 1951 .. .. .. .. .. .. 2,000 0 0 War Purposes Loan Act, 1917— 100 0 0 Due 1st August, 1927 .. .. .. 146,100 0 0 Due 15th November, 1938 .. .. .. .. .. .. 71,900 0 0 War Purposes Loan Act, 1917, and Finance Act, 1917, Section 68—4,500 0 0 Due 15th November, 1927 .. .. .. .. .. .. j 400 0 0 j 169,580 0 0 322,200 0 0 Inscribed Stock converted into Debentures under Section 3 of the New Zealand Inscribed Stock Act, 1917, —■ New Zealand Loans Act, 1908— New Zealand Inscribed Stock Act, 1917 — State Advances Act, 1913 (Advances to Settlers Branch) —- Due 9th October, 1934 .. .. .. .. .. .. 118,600 0 0 Due 1st February, 1936 .. .. .. .. .. .. 300 0 0 118,900 0 0 322,200 0 0 Carried forward .. .. .. .. .. .. 288,480 0 0 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are showD as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [Pt. I].

PUBLIC ACCOUNTS, 1 926 - 1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

1925-1926. RECEIPTS. 1926-1927. £ s. d. £ 5. d. I £ s. d. 389,162 0 3 Brought forward .. .. .. .. .. .. I 306,988 15 5 New Zealand Loans Act, 1908, —- Inscribed Stock issued in Replacement of lost Bonds, as per contra — New Zealand Inscribed Stock Act, 1917 — Discharged Soldiers Settlement Loans Act, 1920 — 5J-per-cent. Inscribed Stock, 1933 .. .. .. .. .. 500 0 0 Electric Power-works Loan Act, 1919 — 5-per-cent. Inscribed Stock, 1930 .. .. .. .. •. 100 0 0 War Purposes Loan Act, 1917 — 100 0 0 5-per-cent. Inscribed Stock, 1927 .. .. .. .. .. 1,300 0 0 600 0 0 4J-per-cent. Inscribed Stock, 1938 1,900 0 0 700 0 0 Inscribed Stock issued in Conversion of Death-duty Stock, as per contra — New Zealand Insoribed Stock Act, 1917 — Discharged Soldiers Settlement Loans Act, 1920— 3,000 0 0 5J-per-cent. Inscribed Stock, 1933 .. .. .. .. .. 400 0 0 Finance Act, 1918, Section 10 (War Expenses)— 700 0 0 4J-per-cent. Inscribed Stock, 1939 .. .. .. .. .. 1,200 0 0 300 0 0 5J-per-cent. Inscribed Stock, 1941 War Purposes Loan Act, 1917— 10,000 0 0 4£-per-cent. Inscribed Stock, 1938 .. .. .. .. .. 2,800 0 0 400 0 0 5J-per-cent. Inscribed Stock, 1941 .. . . .. .. . . j 750 0 0 5,150 0 0 14,400 0 0 Inscribed Stock issued for Redemption of Death-duty Stock, as per contra — New Zealand Inscribed Stock Act, 1917 — j Finance Act, 1918, Section 10 (War Expenses)— 12,000 0 0 | 4J-per-cent. Inscribed Stock, 1939 .. .. .. .. . . State Advances Act, 1913 (Advances to Settlers Branch) — 5£-per-cent. Inscribed Stock, 1936 .. .. .. .. .. 44,600 0 0 State Advances Act, 1913 (Advances to Workers Branch) — 5J-per-cent. Inscribed Stock, 1936 .. .. .. .. .. 3,000 0 0 War Purposes Loan Act, 1917— 48,140 0 0 4J-per-cent. Inscribed Stock, 1938 .. .. .. .. 1 47,600 0 0 61,040 0 0 Inscribed Stock issued in Replacement of Death-duty Stock, as per contra — New Zealand Inscribed Stock Act, 1917 —- Discharged Soldiers Settlement Loans Act, 1920 — I,600 0 0 5J-per-cent. Inscribed Stock, 1933 .. .. .. .. .. 100 0 0 Finance Act, 1918. Section 10 (War Expenses)—• 300 0 0 4J-per-cent. Inscribed Stock, 1939 .. .. .. .. 90 0 0 War Purposes Loan Act, 1917 — 2,000 0 0 4£-per-cent. Inscribed Stock, 1938 .. .. .. .. 830 0 0 ; 1,020 o o 3,900 0 0 4£-per-cent. Inscribed Stock, 1930, free of Income-tax, issued in conversion of 4J-per-cent. Securities free of Income-tax — New Zealand Inscribed Stock Act, 1917— 7,700 0 0 Finance Act, 1916, Section 35 (War Expenses) .. .. .. .. 28,100 0 0 14,200 0 0 Finance Act, 1918 (No. 2), (Part IV), (War Expenses) .. .. .. 4,800 0 0 56,350 0 0 War Purposes Loan Act, 1917 .. .. .. .. .. 23,040 0 0 i . 55,940 0 0 78,250 0 0 j | 5-per-cent. Inscribed Stock, 1941, not free of Income-tax, issued in conversion of 4 i-per-fent. Securities free of Income-tax — New Zealand Inscribed Stock Aot, 1917 — 2,100 0 0 Finance Act, 1916, Section 35 (War Expenses) .. .. 1,200 0 0 II,400 0 0 Finance Act, 1918, Section 10 (War Expenses) .. 270 0 0 20,300 0 0 War Purposes Loan Act, 1917 .. .. 26,150 0 0 27,620 0 0 33,800 0 0 581,252 0 3 Carried forward .. .. .. .. .. .. 446,218 15 5 Note.— In these accounts the crcdits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [Pt. I].

PUBLIC ACCOUNTS, 19 '2 6-1 92 7.

LOANS REDEMPTION ACCOUNT—continued.

1925-1926. EXPENDITURE. Gross. Gross. £ s. d. £ s. d. £ s. d. 322,200 0 0 Brought forward .. .. .. .. .. ... 288,480 0 0 Public Revenues Act, 1910, Section 128, — Public Revenues Act, 1926, Section 143,— Bonds lost and replaced by Inscribed Stock— Discharged Soldiers Settlement Loans Act, 1920 — Due 15th January, 1933, at 5| per cent. .. .. .. .. 500 0 0 Electric-power Works Loan Act, 1919— Due 15th July, 1930, at 5 per cent. .. .. .. .. .. 100 0 0 War Purposes Loan Act, 1917— 000 0 0 Due 15th November, 1938, at 4|- per centWar Purposes Loan Act, 1917, and Finance Act, 1917, Section 08— 100 0 0 Due 15th November, 1927, at 5 per cent. .. .. .. .. 1,300 0 0 1,900 0 0 700 0 0 Death-duty Stock redeemed, — New Zealand Loans Act, 1 908 — New Zealand Inscribed Stock Act, 1917— 5|-per-cent. Inscribed Stock, 1933 (Death Duties) — Discharged Soldiers Settlement Loans Act, 19?0— 4,500 0 0 Matured 9th April, 1925 .. 1,300 0 0 Matured 2nd June, 1925 2,500 0 0 Matured 24th June, 1925 700 0 0 Matured 5th August, 1925 400 0 0 Matured 8th August, 1925 250 0 0 Matured 23rd November, 1925 100 0 0 Matured 24th November, 1925 3,500 0 0 Matured 11th March, 1926 .. 13,250 0 0 4j-per-cent. Inscribed Stock, 1938 (Death Duties/— War Purposes Loan Act, 1917 — 10,000 0 0 Matured 8th April, 1925 .. 500 0 0 Matured 2nd June, 1925 640 0 0 Matured 15th June, 1925 16,000 0 0 Matured 24th June, 1925 .. 300 0 0 Matured 30th June, 1925 500 0 0 Matured 9th September, 1925 200 0 0 Matured 7th October, 1925 1,000 0 0 Matured 16th October, 1925 2,000 0 0 Matured 13th January, 1920 10,000 0 0 Matured 5th March, 1926 .. 7,000 0 0 Matured llth March, 1926 .. .. .. .. .. •• •• 100 0 0 Matured 31st March, 1926 .. 48,240 0 0 384,390 0 0 Carried forward .. .. .. .. .. •• 290,380 0 0 Note.—In these accounts the credit?-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summiry showing the net expenditure will be found on page 81.

B.—l [PT. I]

PUBLIC ACCOUNTS, 19 26-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

1925-1926. | RECEIPTS. 1926-1927. j . I ; [ i £ s. d. i £ s. d. £ a. d. 581,252 0 3 Brought forward .. .. .. .. .. .. 446,218 15 5 Amounts transferred from Consolidated Fund (Ordinary Revenue Account) to redeem Securities as under, — New Zealand Loans Act, 1908— 37,500 0 0 \ Aid to Public Works and Land Settlement Act, 1903 11,050 0 0 Aid to Public Works and Land Settlement Act, 1907 287,200 0 0 l/inance Act, 1915, Section 105 (Public Works) Finance Act, 1915 (Section 106) and Aid to Public W orks and Land Settlement 4,050 0 0 Act, 1903 .. 500 0 0 New Zealand Consols Act, 1908 New Zealand Inscribed Stock Act, 1917—■ 7,500 0 0 Aid to Public Works and Land Settlement Act, 1907 10,800 0 0 Finance Act, 1915, Section 105 (Public Works) .. 4.10 0 0 Finance Act, 1918, Section 10 (War Expenses) 100 0 0 War Purposes Loan Act, 1917 359,110 0 0 Amounts transferred from appropriate Accounts for Redemption of Debentures and Inscribed Stock matured, — For Redemption of Debentures— 2,400 0 0 From Native Land Settlement Account .. 22,575 0 0 j From Land for Settlements Account For Redemption of Inscribed Stock — 13,250 0 0 : From Discharged Soldiers Settlement Account 38,225 0 0 | Amounts transferred from other Accounts for Redemption and Cancellation of Securities in terms of Section 24 of the Finance Act, 1921-22, — 207,050 11 8 From Consolidated Fund (Ordinary Revenue Account) 40,000 0 0 From Consolidated Fund (Nauru and Ocean Islands Account) 20,150 0 0 From Consolidated Fund (Nauru and Ocean Islands Sinking Fund Account) 35,613 9 0 From Cheviot Estate Account 0,073 15 2 From Conversion Account 16 18 10 ; From War Expenses Account' .. 23,707 1 8 From Westport Harbour Account .. 332,611 16 4 Amounts received from the State Advances Office for Redemption and Cancellation of Securities in terms of Section 24 of the Finance Act, 1921-22, as under, —- Fishing Industry Promotion Act, 1919 .. .. .. .. .. 29 9 Fruit-preserving Industry Act, 1913, and Finance Act, 1917, Section 80 .. 5 11 I I Housing Act, 1919, Section 30 .. •. .. .. .. ■. 9 13 3 State Advances Act, 1913 —- 100,000 0 0 Advances to Settlers Branch _ 17 14 11 ! Sinking Funds held by State Advances Ofiice set Iree to redeem Debentures as under, — 80,000 0 0 \ Government Advances to Settlers Act, 1894, and Extension Act, 1901 .. Sinking Funds held by Commissioners of Public Debt Sinking Funds set free to redeem Securities as under, — 6,787 18 4 Westport Harbour Act, 1920, and Appropriation Act, 1919, Section 32 . . Public Revenues Act, 1926, Section 135 (4), — Debentures presented to the New Zealand Government by anonymous donor by way of gift— . ... War Purposes Loan Act, 1917 .. .. .. .. .. .. .. 100 0 0 1,497,986 14 11 Carried forward .. .. . . .. .. .. .. 446,336 10 4 Note. —In these accounts the credits-iu-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [Pt. Ij.

PUBLIC ACCOUNTS. 192 6- 1 927.

LOANS REDEMPTION ACCOUNT —continued.

1925-1926. EXPENDITURE. 19 f- 1927 - Gross. Gross. £ 8. d. I £ s. d. £ s. d. 384,390 0 0 | Brought forward .. .. .. .. .. j .. 290,380 0 0 Death-duty Stock redeemed —continued. New Zealand Loans Act, 1908— continued. New Zealand Inscribed Stock Act, 1917—continued. Inscribed Stock, 1941 (Death Duties) — War Purposes Loan Act,1917 — j Matured 16th June, 1924 .. .. .. .. Finance Act, 1918, Section 10 (War Expenses; — 4J-per-cent. Inscribed Stock, 1939 (Death Duties) —■ 1,000 0 0 Matured 2nd June, 1925 .. 4,000 0 0 Matured 24th June, 1925 1,000 0 0 Matured 5th August, 1925 200 0 0 Matured 8th August, 1925 700 0 0 Matured 13th October, 1925 410 0 0 Matured 26th February, 1926 6,000 0 0 Matured 11th March, 1926 13,310 0 0 5|-per-cent. Inscribed Stock, 1936 (Death Duties) — State Advances Act, 1913 (Advances to Settlers Branch) — Matured 24th April, 1926 .. .. .. .. .. 1,000 0 0 Matured 10th August, 1926 .. .. .. .. .. 8,600 0 0 Matured 14th August, 1926 .. .. .. .. .. 33,000 0 0 | Matured 14th October, 1926 .. .. .. .. .. 2,000 0 0 44,600 0 0 State Advances Act, 1913 (Advances to Workers Branch) — Matured 12th October, 1926 .. .. .. .. .. .. 3,000 0 0 Inscribed Stock (Death Duties) converted into Inscribed Stock—• Discharged Soldiers Settlement Loans Act, 1920 (5| per cent., 1933) — New Zealand Inscribed Stock Act, 1917, Section 3, and Discharged Soldiers 3,000 0 0 Settlement Loans Act, 1920, Section 5, Subsection (5) .. .. .. 400 0 0 War Purposes Loan Act, 1917 (4J per cent., 1938) — New Zealand Inscribed Stock Act, 1917, Section 3, and Finance Act, 1917, 10,000 0 0 Section 76, Subsection (3) .. .. .. .. .. .. 2,800 0 0 War Purposes Loan Act, 1917 (5£ per cent., 1941) —- New Zealand Inscribed Stock Act, 1917, Section 3, and Finance Act, 1917, 400 0 0 Section 76, Subsection (3) .. .. .. .. .. 750 0 0 Finance Act, 1918, Section 10 (War Expenses), (4J per cent., 1939) — New Zealand Inscribed Stock Act, 1917, Section 3, and Finance Act, 1918, 700 0 0 I Section 15, Subsection (5) .. .. .. .. .. .. 1,200 0 0 Finance Act, 1918 (Section 10), (War Expenses), (5J per cent., 1941) — New Zealand Inscribed Stock Act, 1917, Section 3, and Finance Act, 1918, 300 0 0 Section 15, Subsection (5) 5.150 0 0 14,400 0 0 Inscribed Stock (Death Duties) replaced by Inscribed Stock, —• New Zealand Inscribed Stock Act, 1917 — Discharged Soldiers Settlement Loans Act, 1920 (5£ per cent., 1933) — 1,600 0 0 j Discharged Soldiers Settlement Loans Act, 1920, Section 5, Subsection (6) .. 100 0 0 Finance Act, 1918, Section 10 (War Expenses), (4-| per cent., 1939) — 300 0 0 Finance Act, 1918, Section 15, Subsection (6) .. .. .. . . 90 0 0 War Purposes Loan Act, 1917 (4 J per cent., 1938) — 2,000 0 0 Finance Act, 1917, Section 76, Subsection (4) .. .. .. .. 830 0 0 1,020 0 0 3,900 0 0 | 4£-per-cent. Securities free of Income-tax converted into 4£-per-cent. Inscribed Stock free of Income-tax, —- New Zealand Loans Act, 1908— 100 0 0 Finance Act, 1916, Section 35 (War Expenses) .. .. .. .. 1,300 0 0 4,000 0 0 Finance Act, 1918 (No. 2), Part. IV (War Expenses) .. .. .. 1,000 0 0 24,400 0 0 War Purposes Loan Act, 1917 .. .. .. .. .. .. 6,400 0 0 New Zealand Inscribed Stock Act, 1917— 10,200 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses) .. .. .. 3,800 0 0 7,300 0 0 Finance Act, 1916, Section 35 (War Expenses) .. .. .. .. 26,800 0 0 31,950 0 0 War Purposes Loan Act, 1917 .. .. .. .. .. 16,640 0 0 55,940 0 0 78,250 0 0 494,250 0 0 Carried forward .. .. .. .. .. .. 400,090 0 0 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act,, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

1925-1926. RECEIPTS 1926-1927. £ s. d. £ s. d. £ s. d. 1,497,986 14 11 Brought forward .. .. .. .. .. 446,336 10 4 Amounts transferred from Discharged Soldiers Settlement Loans Act, 1920, De- j preciation Fund Account for Redemption of Securities in terms of Section 7 of the Discharged Soldiers Settlement Loans Act, 1920, — 7,203 5 0 Discharged Soldiers Settlement Loans Act, 1920 New Zealand Inscribed Stock Act, 1917— 31,107 12 6 \ Discharged Soldiers Settlement Loans Act, 1920 .. .. .. .. 38,370 17 6 900,000 0 0 Treasury Bills issued for Redemption of Debentures before Maturity 4,700,000 0 0 Treasury Bills issued for Redemption of Treasury Bills at Maturity,— New Zealand Loans Act, 1908 — Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement) —• To mature 29th July, 1926 .. .. .. .. .. .. 500,000 0 0 To mature 30th September, 1926 .. .. .. .. .. 500,000 0 0 To mature 29th October, 1926 .. .. .. .. .. 500,000 0 0 Finance Act, 1920, Section 15 (Public Works) — To mature 29th October, 1926 .. .. .. .. .. 400,000 0 0 To mature 29th July, 1926 .. .. .. .. .. .. 400,000 0 0 | 2,300,000 0 0 Transfer from Consolidated Fund (Ordinary Revenue Account) for reduction of Funded Debt in terms of Section 8 of the Finance Act, 1922, under Memorandum of Agreement with the Imperial Government dated 6th September, 333,288 15 4 1922 .. 170,000 0 0 Inscribed Stock issued for Redemption of Debentures before Maturity,—New Zealand Loans Act, 1908— New Zealand Inscribed Stock Act, 1917—• Finance Act, 1920, Section 15 (Public Works), to mature 15th February, 1932 277,980 0 0 Finance Act, 1921, Section 10 (Public Works), to mature 15th February, 1932 46,550 0 0 324,530 0 0 266,890 0 0 Inscribed Stock issued for Redemption of Debentures at Maturity,— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917— Aid to Public Works and Land Settlement Act, 1921 (to mature 1st February, 1936) .. .. .. .. .. .. .. .. 2,500 0 0 Finance Act, 1916, Section 35 (War Expenses), (to mature 1st February, 1936) 4,850 0 0 Land for Settlements Act, 1908 (to mature 15th February, 1932).. .. 1,000 0 0 Land Laws Amendment Act, 1913 (to mature 15th February, 1932) .. 18,000 0 0 26,350 0 0 Inscribed Stock (Death Duty) issued for redemption of Debentures before maturity,— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917 — Finance Act, 1920, Section 15 (Public Works), (to mature 15th February, 1932) .. . . .. .. .. .. .. .. 900 0 0 Finance Act, 1921. Section 10 (Public Works), (to mature 15th February, 1932) .. .. .. .. .. .. .. .. 5,000 0 0 — 5,900 0 0 7,906,536 7 9 Carried forward .. .. .. .. .. .. 3,103,116 10 4 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1921—25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B. —1 [PT. I].

PUBLIC ACCOUNTS, 1 926-1927.

LOANS REDEMPTION ACCOUNT—continued.

1925 1926. EXPENDITURE. 1926-1927. Gross. Gross. I s. d. £ s. d. £ s. d. 494,2-50 0 0 | Brought forward .. .. .. .. .. .. 400,090 0 0 ij-per-cent. Securities, free of Income-tax, converted into 5-per-cent. Inscribed Stock, 1941, not free of Income-tax, — New Zealand Loans Act, 1908 — 1,000 0 0 Finance Act, 1916, Section 35 (War Expenses), (due 1st September, 1930) 4,300 0 0 War Purposes Loan Act, 1917 (due 15th November, 1938) .. .. .. 800 0 0 New Zealand Inscribed Stock Act, 1917 — 1,000 0 0 Finance Act, 1916, Section 35 (War Expenses), (due 1st September, 1930) .. 100 0 0 Finance Act, 1916, Section 35 (War Expenses), (due 15th November, 1938).. 1,200 0 0 11,400 0 0 Finance Act, 1918, Section 10 (War Expenses), (due 20th April, 1939) .. 270 0 0 16,000 0 0 War Purposes Loan Act, 1917 (due 15th November, 1938) .. .. 25,350 0 0 27,620 0 0 33,800 0 0 17,660,147 15 10 Securities redeemed and cancelled in terms of Section 24 of the Finance Act, __ 1921-22,— Inscribed Stock under — New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917 — Aid to Public Works and Land Settlement Act, 1921— 5-per-cent. Inscribed Stock, 1928 .. .. .. .. .. 24,170 0 0 Finance Act, 1915, Section 105 (Public Works) — 5J-per-cent. Inscribed Stock, 1930.. .. .. .. .. 18,650 0 0 Land for Settlements Act, 1908— 5J-per-cent. Inscribed Stock, 1931.. .. .. .. .. 14,150 0 0 Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 — 4J-per-cent. Inscribed Stock, 1929.. .. .. .. .. 1,000 0 0 Debentures under — I New Zealand Loans Act, 1908 — Discharged Soldiers Settlement Loans Act, 1919, Section 4 (due 1st September, 1927) .. .. .. .. .. .. .. 12,650 0 0 Finance Act, 1920, Section 15 (Electric-power Works), (due 1st February, 1936) .. .. .. .. .. .. .. .. 30,000 0 0 Finance Act, 1920, Section 15 (Public Works), (due 1st December, 1930) .. 338,600 0 0 Finance Act, 1921, Section 10 (Public Works), (due 1st September, 1931) .. 70,950 0 0 Fishing Industry Promotion Act, 1919 (due 1st December, 1928) .. .. 2 9 9 Fruit Preserving Industry Act, 1913, and Finance Act, 1917, Section 80, (due 1st April, 1930) .. .. .. .. .. .. .. 5 11 11 Hauraki Plains Amendment Act, 1913, and Appropriation Act, 1919, Section 18 (due 1st February, 1931) .. .. .. .. .. 5,000 0 0 Hauraki Plains Amendment Act, 1913, and Finance Act, 1920, Section 16 (due 1st August, 1928) .. .. .. .. .. .. 20,000 0 0 Housing Act, 1919, Section 30 (due 1st July, 1930) .. .. .. 9 13 3 Land Laws Amendment Act, 1913, and Appropriation Act, 1918, Section 42 (due 1st April, 1930) .. .. .. . . .. .. 11,100 0 0 Native Land Amendment Act, 1913 (due 1st April, 1929).. .. .. 50,000 0 0 New Zealand State-guaranteed Advances Acts, 1909-10 (Advances to Workers Branch), (due 1st February, 1929) .. .. .. .. .. 165,130 0 0 War Purposes Loan Act, 1917 (due 15th November, 1938) .. .. 100 0 0 761,517 14 11 82,408 13 2 War credits applied in redemption of loans in terms of Section 13(1) of the Finance — Act, 1925, —• Securities redeemed and cancelled before maturity in terms of Section 24 of the Finance Act, 1921-22 — Debentures under — New Zealand Loans Act, 1908 — Finance Act, 1918, Section 10 (War Expenses)—- . Due 20 th April, 1930 .. .. .. .. ... .. 142,927 8 4 War Purposes Loan Act, 1917, and Finance Act, 1917, Section 68 — Due 15th November, 1927 .. . . ■ . .. . . 100 0 0 143,027 8 4 IS,250,606 9 0 Carried forward .. .. . .. 1,332,255 3 3 Note. — In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l. [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

1925-1926. RECEIPTS. 1926-1927. £ s. d. £ s. d. £ s. d. 7,906,536 7 9 Brought forward .. .. .. .. .. .. 3,103,116 10 4 Inscribed Stock issued for redemption of Inscribed Stock at maturity,— New Zealand Loans Act, 1908— New Zealand Inscribed Stock Act, 1917 — Aid to Public Works and Land Settlement Act, 1921 (to mature 1st February, 1936) .. .. .. .. .. .. 36,860 0 0 Aid to Public Works and Land Settlement Act, 1921 (to mature 15th February, 1932) .. .. .. .. .. .. 31,160 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4 (to mature 1st February, 1936) .. .. .. .. .. .. .. 80,000 0 0 Education Purposes Loan Act, 1919 (to mature 15th February, 1932) .. 570 0 0 Finance Act, 1916, Section 35 (War Expenses), to mature 1st February, 1936) .. .. .. .. .. .. .. .. 220,070 0 0 368,660 0 0 Inscribed Stock (Death Duties) issued in redemption of Inscribed Stock at maturity,— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917 — Finance Act, 1916, Section 35 (War Expenses), (to mature 1st February, 1936) .. 100 0 0 13,408,703 0 0 Debentures issued for Redemption of Debentures before Maturity,— — New Zealand Loans Act, 1908 — Discharged Soldiers Settlement Loans Act, 1919, Section 4 (to mature 1st September, 1931) .. .. .. .. .. .. 12,650 0 0 Finance Act, 1920, Section 15 (Electric-power Works), (to mature 1st February, 1936) .. .. .. .. .. .. .. .. 30,000 0 0 Finance Act, 1920, Section 15 (Public Works) — To mature 5th October, 1931 .. .. .. .. .. .. 2,400 0 0 To mature 1st December, 1930 .. .. .. •. .. 3,150 0 0 To mature 5th January, 1932.. .. .. .. .. ■■ 2,000 0 0 To mature 4th February, 1932 .. .. . . .. .. 1 1,220 0 0 To mature 15th February, 1932 .. .. .. .. .. 50,950 0 0 Finance Act, 1921, Section 10 (Public Works), (to mature 15th February, 1932) ; 19,400 0 0 Hauraki Plains Amendment Act, 1913, and Appropriation Act, 1919, Section 18— To mature 1st February, 1931 .. .. .. ■■ . • 5,000 0 0 Hauraki Plains Amendment Act, 1913, and Finance Act, 1920, Section 16— To mature 1st August, 1928 .. .. .. .. .. .. 20,000 0 0 Land Laws Amendment Act, 1913, and AppropriationJAct, 1918, Section 42— To mature 1st April, 1930 .. .. .. 11,100 0 0 Native Land Amendment Act, 1913 (to mature 1st April, 1931) .. .. 50,000 0 0 New Zealand State-guaranteed Advances Acts, 1909-10 (Workers Branch), (to mature 1st February, 1929) .. .. .. .. .. .. 165,130 0 0 I 373,000 0 0 . 659,860 0 0 Debentures issued for Redemption of Inscribed Stock before Maturity,— New Zealand Loans Act, 1908— Aid to Public Works and Land Settlement Act, 1921 (to mature 1st December, 1929) 24,170 0 0 Finance Act, 1915, Section 105, (Public Works), (to mature 15th December, 1930) 18,650 0 0 Land for Settlements Act, 1908 (to mature 1st January, 1931) .. .. 14,150 0 0 Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46, (to mature 1st May, 1931) .. .. .. .. .. •. •• 1,000 0 0 57,970 0 0 23,975,101 7 9 Carried forward .. .. .. .. .. •• 3,902,846 10 4 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B. —1 [PT. I].

PUBLIC ACCOUNTS, 1 926-1 927.

LOANS REDEMPTION ACCOUNT—continued.

B—B.8 —B. 1 [PT. I].

19 25-1926. EXPENDITURE. 1927 " Gross. Gross. £ s. d. £ s. d. £ a. d. 18,250,606 9 0 Brought forward .. .. .. .. .. .. 1,332,265 3 3 Reparation Moneys applied in redemption of loans in terms of the Public Revenues Act, 1926, Section 135 (3), — Death Duty Stock redeemed — New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917 — 4J-per-eent. Inscribed Stock, 1939— Finance Act, 1918, Section 10 (War Expenses)— Matured 14th March, 1927 .. .. .. .. .. 3,000 0 0 Matured 18th March, 1927 .. .. .. .. .. 5,000 0 0 8,000 0 0 4J-per-cent. Inscribed Stock, 1938 — War Purposes Loan Act, 1917— Matured 22nd December, 1926 .. .. .. .. 100 0 0 Matured 14th January, 1927 .. .. .. .. .. 1,000 0 0 Matured 22nd March, 1927 .. .. .. .. .. 2,700 0 0 Matured 28th March, 1927 .. .. .. .. .. 200 0 0 4,000 0 0 Securities redeemed and cancelled in terms of Section 24 of the Finance Act, 1921-22,— Debentures under — New Zealand Loans Act, 1908 — Finance Act, 1916, Section 35 (War Expenses)— Due 1st September, 1930 (nominal value, £2,750) .. .. .. 2,641 0 0 Finance Act, 1918, S ction 10 (War Expenses)— Due 20th April, .. .. .. .. .. .. 83,072 11 8 Finance Act, 1918 (No. 2), Part IV (War Expenses)— Due 1st July, 1930 .. .. .. .. .. .. 20,200 0 0 Due 20th April, 1939 (nominal value, £9,100) .. .. .. 8,735 7 6 War Purposes Loan Act, 1917 — Due 1st February, 1928 .. .. .. .. .. 3,350 0 0 Due 1st February, 1929 .. .. .. .. .. 25,000 0 0 Due 15th November, 1938 (nominal value, £25,500) .. . 24,482 12 6 War Purposes Loan Act, 1917, and Finance Act, 1917, Section 68— Due 15th November, 1927 (nominal value, £38 Is. 4d.) .. .. 37 2 3 Inscribed Stock under— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917— Finance Act, 1916, Section 35 (War Expenses)— Due 15th November, 1938 (nominal value, £35,170) .. .. 33,805 9 0 Due 1st September, 1941 (nominal value, £900) .. .. .. 862 0 0 Finance Act, 1918, Scction 10 (War Expenses)— Due 20th April, 1929 (nominal value, £200) .. .. .. 196 5 0 Due 1st July, 1930 (nominal value, £3,500) .. .. .. 3,447 10 0 Due 20th April, 1939 (nominal value, £22,400) .. .. .. 21,747 10 0 War Purposes Loan Act, 1917— Due 15th November, 1927 (nominal value, £600) .. .. 585 0 0 Due 15th November, 1938 (nominal value, £141,520) .. .. 136,602 12 0 Due 1st September, 1941 (nominal value, £800) .. .. 768 0 0 365,532 19 11 Securities redeemed at maturity,— Debentures under — New Zealand Loans Act, 1908— Finance Act, 1916, Section 35 (War Expenses)— Due 1st August, 1926 .. .. .. .. .. .. 850 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses)— Due 31st October, 1926 .. .. .. .. .. 20,500 0 0 War Purposes Loan Act, 1917 — Due 1st February, 1927 .. .. .. .. .. 20,450 0 0 Inscribed Stock under — New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917 — War Purposes Loan Act, 1917 — Due 1st February, 1927 .. .. .. •• 99,690 00 141,490 0 0 18,250,606 9 0 Carried forward .. .. .. .. .. .. 1,851,278 3 2 Note. — In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B. —1 [PT. I].

PUBLIC ACCOUNTS, 19 2 6-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

1925-1926. RECEIPTS. 1926-1927. £ s. d. £ s. d. J £ s. d. 23,975,101 7 9 Brought forward .. .. .. .. J 3,902,846 10 4 270,070 0 0 Debentures issued for Redemption of Debentures at Maturity,— New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Act, 1921 — To mature loth February, 1932 .. .. .. .. .. 3,600 0 0 To mature 1st February, 1936 .. .. .. .. .. 34,900 0 0 Discharged Soldiers Settlement Loans Act, 1920 (to mature 19th October, 1931) , 18,500 0 0 Education Purposes Loans Act, 1919 (to mature 15th February, 1932) .. 2,000 0 0 Finance Act, 1916, Section 35, (War Expenses), (to mature 1st February, 1936).. [ 18,950 0 0 Finance Act, 1918 (No. 2), Section 32, (State Forests),(to mature 1st August, 1928) 20,000 0 0 Housing Act, 1919, Section 30, (to mature 1st July, 1930) .. . ■ • • 2,400 0 0 Kauri-gum Industry Amendment Act, 1914, and Appropriation Act, 1918, Section 45, (to mature 1st May, 1930) .. .. .. •• •• 7,500 0 0 Land Laws Amendment Act, 1913, and Appropriation Act, 1918, Section 42, (to |$>i mature 1st April, 1930) .. .. .. .. .. .. 8,000 0 0 Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1920, Section 16 (to mature 1st, December, 1930) .. .. .. .. 20,000 0 0 135,850 0 0 50,000 0 0 Debentures issued for Redemption of Inscribed Stock at Maturity, — — New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Act, 1921 (to mature 15th February, 1932) .. .. .. .. .. .. .. .. 100 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4, (to mature 1st September, 1931) .. .. .. .. .. .. 90,000 0 0 Finance Act, 1916, Section 35, (War Expenses), (to mature 1st February, 1936) 1,600 0 0 Native Land Amendment Act, 1913 (to mature 1st April, 1931) .. .. 5,000 0 0 ■ 96,700 0 0 - 1, 800,000 0 0 Debentures issued for Redemption of Treasury Bills at Maturity,— New Zealand Loans Act, 1908 — Finance Act, 1918 (No. 2), Section 31, (Discharged Soldiers Settlement), (to mature 1st March, 1930) .. .. .. .. .. .. 1,000,C00 0 0 Finance Act, 1920, Section 15, (Public Works), (to mature 1st December, 1930) 400,000 0 0 1,400,000 0 0 5,266,476 0 0 Debentures issued in Renewal of Debenture Loans matured, — New Zealand Loans Act, 1908— Aid to Water-power Works Act, 1910 (renewed to 1st May, 1930) .. . . 55,000 0 0 Coal-mines Act, 1925 (renewed to 1st April, 1929) .. .. . . .. 30,000 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses), (renewed to 1st July, 1930) 66,700 0 0 Housing Act, 1919, Section 30 (renewed to 1st July, 1930) .. .. .. 138,250 0 0 Kauri-gum Industry Amendment Act, 1914 (renewed to 1st May, 1930) 15,000 0 0 Kauri-gum Industry Amendment Act, 1914, and Appropriation Act, 1918, Section 45 (renewed to 1st May, 1930) .. .. .. .. .. 14,500 0 0 Land for Settlements Act, 1908 — Renewed to 1st January, 1929 .. .. .. .. .. 62,000 0 0 Renewed to 1st January, 1931 .. .. ■■ ■■ 46,900 0 0 31,361,647 7 9 Carried forward .. .. .. .. . . j 428,350 0 0 5,535,396 10 4 Note.—In these accounts the eredits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 926-1 927.

LOANS REDEMPTION ACCOUNT—continued.

1925-1926. 1926-1927. _ EXPENDITURE. _ Gross. Gross. £ s. d. £ a. d. £ s. d. 118,250,606 9 0 Brought forward .. .. .. .. .. •• 1,851,278 3 2 Securities][redeemed and cancelled before maturity in terms of Section 7 of the Discharged Soldiers Settlement Loans Act, 1920, — Debentures under— New Zealand Loans Act, 1908 — Discharged Soldiers Settlement Loans Act, 1920— 7,263 5 0 5£-per-cent. Debentures, 1933 (nominal value, £7,300)'.. Inscribed Stock under— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920 — 8,820 0 0 5£-per-cent. Inscribed Stock, 1930 (nominal value, £9,000) 22,287 12 6 5|-per-cent. Inscribed Stock, 1933 (nominal value, £22,400) .. 38,370 17 6 969,215 0 0 Debentures redeemed at Maturity,— i— New Zealand Loans Act, 1908— Aid to Public Works and Land Settlement Act, 1921— • | Due 1st August, 1926 .. .. .. .. .. .. 37,400 0 0 »j Due 1st February, 1927 .. .. .. .. .. .. 3,600 0 0 4 Discharged Soldiers Settlement Loans Act, 1920 (due 19th October, 1926) .. 18,500 0 0 j jlEEducation Purposes Loan Act, 1919 (due 1st February, 1927) .. .. 2,000 0 0 _j|Finance Act, 1916, Section 35, (War Expenses), (due 1st August, 1926) .. . 23,800 0 0 jg Finance Act, 1918 (No. 2), Section 32, (State Forests), (due 1st August, 1926) .. 20,000 0 0 Act, 1919, Section 30, (due 1st July, 1926) .. .. .. 2,400 0 0 > Kauri-gum Industry Amendment Act, 1914, and Appropriation Act, 1918, j Section 45, (due 1st November, 1926) .. .. .. .. .. 7,500 0 0 - Land for Settlements Act, 1908 (duo 1st January, 1927) .. .. .. 1,000 0 0 j Land Laws Amendment Act, 1913— Due 22nd July, 1926 .. .. .. .. .. .. 8,000 0 0 Due 26th March, 1927 .. .. .. .. .. .. 18,000 0 0 Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1920, Section 16, (due 1st December, .. .. .. .. .. 20,000 0 0 t 162,200 0 0 12 M 68,300 0 0 Inscribed Stock redeemed at Maturity,— — New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917— Aid to Public Works and Land Settlement Act, 1921— Due 1st August, 1926 .. .. .. .. .. .. 36,860 0 0 Due 1st February, 1927 .. .. .. .. .. .. 31,260 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4— Due 1st August, 1926 .. .. .. .. .. •• 80,000 0 0 Due 1st February, 1927 .. .. .. .. .. .. 90,000 0 0 Education Purposes Loan Act, 1919 (due 1st February, 1927) .. .. 570 0 0 Finance Act, 1916, Section 35 (War Expenses), (due 1st August, 1926) .. 221,770 0 0 Native Land Amendment Act, 1913 (due 1st April, 1926) .. .. .. 5,000 0 0 465,460 0 0 New Zealand Consols redeemed at Maturity— 500 0 0 New Zealand Consols Act, 1908 (due 1st February, 1925) 6,500,000 0 0 Treasury Bills redeemed at maturity,— — New Zealand Loans Act, 1908 — Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement) — Due 29th April, 1926 .. .. .. .. .. 500,000 0 0 Due 30th June, 1926 .. .. .. .. .. .. 500,000 0 0 Due 29th July, 1926.. .. .. .. .. .. .. 500,000 0 0 Due 30th September, 1926 .. .. .. .. .. .. 500,000 0 0 Due 29th October, 1926 .. .. .. .. .. .. 500,000 0 0 Finance Act, 1920, Section 15 (Public Works) — Due 29th April, 1926 .. .. .. .. .. .. 400,000 0 0 Due 29th July, 1926.. .. .. .. .. .. .. 400,000 0 0 Due 29th October, 1926 .. .. .. .. .. .. 400,000 0 0 3,700,000 0 0 25,826,992 6 6 Carried forward .. .. .. .. .. .. 6,178,938 3 2 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT.I

PUBLIC ACCOUNTS, 1 926-1 927.

STATEMENT of the RECEIPTS AND EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

1925-1926. RECEIPTS. 1926-1927. £ s. d. £ s - d - £ s - d - 31,361,647 7 9 Brought forward .. .. .. .. .. 428,350 0 0 5,535,396 10 4 Debentures issued in Renewal of Debenture Loans matured—continued. New Zealand Loans Act, 1908 —continued. Land Laws Amendment Act, 1913, and Appropriation Act, 1918, Section 42 (renewed to 1st April, 1930) .. .. .. .. •• •• 11,100 0 0 Mining Amendment Act, 1913, and Amendment Act, 1919 (renewed to 1st May, 1931) .. .. .. .. .. •• •• •• 9,000 0 0 Native Land Amendment Act, 1913 (renewed to 1st April, 1929) .. . ■ 281,500 0 0 Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1920, Section 16 (renewed to 1st December, 1930) .. .. •• 35,000 0 0 Swamp Drainage Act, 1915 (renewed to 1st May, 1931) .. .. •• 11,000 0 0 Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46, (renewed to 1st May, 1931) .. .. .. .. .. .. •• 125,000 0 0 900,950 0 0 Public Revenues Act, 1926, Section 135 (2), —• Amount received on account of New Zealand share of German Reparations .. 419,159 5 8 Amount received from Public Trustee on account of Reparations and Settlement of ex-Enemy Debts and Properties .. .. • • . • • • 100,000 0 0 519,159 5 8 Finance Act, 1925, Section 13, — Amount received in respect of War Expenses to be applied in repayment of War Loans— 33,199 14 11 Subsection (1), transfer of balance of War Expenses Account Subsection (1), refund of amounts transferred from War Expenses Account to 18,351 10 8 Belgium Relief Account and not expended 245 11 2 Subsection (2), Miscellaneous War Receipts .. .. .. 86,249 1 2 29,096 13 9 Subsection (3), Repatriation Receipts paid in by State Advances Office .. 38,379 19 10 ___J 124,629 1 0 80,893 10 6 5-per-cent. Inscribed Stock issued in respect of Amount required to cover Stamp Duty on Transfers, — New Zealand Loans Act, 1908— New Zealand Consolidated Stock, 1935-45 — Aid to Public Works and Land Settlement Act, 1902— 36 5 8 Premiums short-credited during the Financial Year 1922-23 31,442,577 3 11 Carried forward .. .. .. •• • •• •• 7,080,134 17 0 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B—l. [PT. 11.

PUBLIC ACCOUNTS, 192 6-1 927.

LOANS REDEMPTION ACCOUNT—continued.

1925-1926. EXPENDITURE. 1926-1927. Gross. Gross. £ s. d. £ s. d. £ s. d. 25,826,992 6 6 Brought forward .. .. .. .. .. .. 6,178,938 3 2 5,266,476 0 0 Debentures redeemed by Renewal, — New Zealand Loans Act, 1908— Aid to Water-power Works Act, 1910 (due 1st May, 1926) .. .. ■ ■ 55,000 0 0 Coal-mines Act, 1908 (due 1st April, 1926) .. • • • • • • 30,000 0 0 Finance Act, 1918 (No. 2), (Part IV), (due 17th November, 1926) .. .. 66,700 0 0 Housing Act, 1919, Section 30 (due 1st July, 1926) .. .. 138,250 0 0 Kauri-gum Industry Amendment Act, 1914 (due 1st May, 1926) .. 15,000 0 0 Kauri-gum Industry Amendment Act, 1914, and Appropriation Act, 1918, Section 45 (due 1st November, 1926) .. .. ... .. •• 14,500 0 0 Land for Settlements Act, 1908 — Due 1st April, 1926 .. .. .. •• 73,300 0 0 Due 1st May, 1926 .. .. .. •• •• •• 35,600 0 0 Land Laws Amendment Act, 1913 (due 1st April, 1926) .. .. .. 11,100 0 0 Mining Amendment Act, 1913, and Amendment Act, 1919 (due 1st May, 1926) 9,000 0 0 Native Land Amendment Act, 1913 (due 1st April, 1926) .. .. .. 281,500 0 0 Rangitaiki Land Drianage Amendment Act, 1913 and Finance Act, 1920, Section 16 (due 1st December, 1926) .. .. .. .. •• 35,000 0 0 Swamp Drainage Act, 1915 (due 1st May, 1926) .. .. .. • • 11,000 0 0 Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 (due 1st May, 1926 .. .. .. ■■ •• •• 125,000 0 0 900,950 0 0 Finance Act, 1922, Section 8, — Repayment of Funded .Debt to the Imperial Government — 24,270 10 9 Public Revenues Amendment Act, 1914, Section 8 (War Expenses) .. 95,160 18 10 Public Revenues Amendment Act, 1915, Section 5 (War Expenses) .. 55,608 10 8 Finance Act, 1916, Section 35 (War Expenses) 56,702 3 5 War Purposes Loan Act, 1917 .. 77,481 4 7 Finance Act, 1918, Section 10 (War Expenses) 21,379 9 7 Naval Defence Act, 1909 2,242 7 7 Aid to Public Works and Land Settlement Act, 1910 443 9 11 Land for Settlements Act, 1908 333,288 15 4 New Zealand Loans Act, 1908, —- Charges and Expenses of Redemptions— Stamp Duty on transfer of New Zealand Consolidated Stock, 1935/1945 — 13 19 6 Aid to Public Works and Land Settlement Act, 1902 .. .. .. 7 10 8 23 9 3 War Purposes Loan Aot, 1917 7 10 8 37 8 9 Adjustment of amount wrongly credited in the Financial Year 1925-26, — Transfer from other Accounts for redemption and cancellation of Securities in terms of Section 24 of the Finance Act, 1921-22 — New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1929.. .. .. .. •• .. 31 5 2 Adjustment of amount wrongly credited during Financial Year 1925-26, — Transfer from other Accounts for redemption and cancellation of Securities in terms of Section 24 of the Finance Act, 1921-22 — New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1940 (nominal amount—Nil) .. .. .. 271 16 11 31,426,794 10 7 Carried forward .. . .. .. •• .. 7,080,198 15 11 Note. —In these accounts the eredits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

LOANS REDEMPTION 1925-1926. RECEIPTS. 1926-1927. £ s. d. £ s. d. £ 8. d. 31,442,577 3 11 Brought forward .. .. .. . .. 7,080,134 17 0 Portion of amount advanced to the High Commissioner for Redemption of Debentures at maturity, now utilized for Redemptions,— 3,000 0 0 Westport Harbour Act, 1920, Westport Harbour Board Act, 1884 Adjustment of amount wrongly debited during Year 1925-26, —• Securities redeemed and cancelled in terms of Section 24 of the Finance Act, 1921-22— New Zealand Loans Act, 1908— New Zealand Consolidated Stock, 1929.. .. .. .. .. .. 31 5 2 Adjustment of amount wrongly debited during Financial Year 1925-26, — Securities redeemed and cancelled in terms of Section 24 of the Finance Act, 1921-22— New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1940 (nominal amount —Nil) .. .. .. 271 10 11 £31,445,577 3 11 Totals .. . . . .. . £7,080,437 19 1 | j MAIN HIGHWAYS ACCOUNT £ s. d. Balanoe at beginning of Year, — £ s. d. £ s. d. 51,547 7 5 Cash in the Public Account .. .. .. .. .. .. 2,608 13 5 Imprests outstanding— 2,826 0 0 In London .. .. .. .. .. .. .. .. 016 527,000 0 0 Investment Aocount .. .. .. .. .. .. .. 652,000 0 0 654,608 14 11 581,373 7 5 Credits-in-Aid, — 5,227 17 6 Vote—Maintenance of Main Highways .. .. .. .. .. .. 22,061 5 6 Recoveries on account of Expenditure of previous Years .. .. .. .. 28 12 0 Main Highways Act, 1922, Section 14, — 35,000 0 0 Amounts transferred from the Consolidated Fund .. .. .. .. 35,000 0 0 228,711 13 6 Customs duty on tires .. .. .. .. .. .. .. 190,574 16 7 86,680 17 10 Fees and fines under Section 24 of the Motor-vehicles Act, 1924 .. .. 395,797 5 1 Interest on moneys expended on purchase of plant supplied to Local Bodies .. 20 0 0 621,392 1 8 350,392 11 4 20,199 1 9 Interest on Securities held by Investment Account .. .. .. .. .. 30,572 5 6 5,839 18 0 Interest on Securities held by Construction Fund Investment Account .. .. .. 4,022 3 6 £963,032 16 0 Totals .. .. .. .. .. .. £1,332,685 3 1 Note. — In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. , For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [Pt. I].

PUBLIC ACCOUNTS, 1926-1927.

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

ACCOUNT—continued. 1925-1926. EXPENDITURE. 1926-1927. Gross. Gross. £ s. d. £ s. d. £ s. d. 31,426,794 10 7 Brought forward .. .. .. .. .. .. .. 7,080,198 16 11 Adjustment of amount wrongly credited in the Financial Year 1922-23, — 5-per-cent. Inscribed Stock issued in respect of amount required to cover Stamp Duty on transfers— New Zealand Consolidated Stock, 1935-45— War Purposes Loan Act, 1917— 3 12 7 Premiums Adjustment of entries wrongly shown in 1924-25 Accounts,— Charges and expenses of raising loans— New Zealand State-guaranteed Advances Acts, 1909-10— 56 15 1 Land for Settlements Branch 10 16 3 Advances to Settlers Branch 202 14 0 Advances to Workers Branch.. 270 5 4 Balance at end of Year, — 18,508 15 5 Cash in the Public Account .. .. .. .. .. 239 3 2 £31,445,577 3 11 Totals .. .. .. .. .. .. £7,080,437 19 1 REVENUE FUND. £ s. d. £ s. d. £ s. d. 287,193 6 6 Vote —Maintenance of Main Highways .. .. .. .. .. .. 551,490 15 9 Expenditure under Section 20 of the Finance Act, 1925, — 1,400 0 0 Subsection (1), Payment to Inglewood County Council 1,807 0 0 Subsection (2) (a), Payments to Taranaki, Hawera, and Eltham County Councils .. 1,807 0 0 3,523 14 7 Subsection (2) (6), Payment to Taranaki County Council — 1,807 0 0 6,730 14 7 Recoupment of Management Charges of Consolidated Stock on account of Construction Fund .. .. .. .. .. .. .. .. 28 11 7 Finance Act, 1919, Section 4, — Public Revenues Act, 1926, Section 139, —• 14,500 0 0 Interest recouped to the Consolidated Fund .. .. .. .. .. .. 26,209 7 10 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — Main Highways Act, 1922 .. .. .. .. .. .. .. 210 0 6 Balance at end of Year, — 2,608 13 5 Cash in the Public Account .. .. .. .. .. 98,532 8 3 Imprests outstanding— In the Dominion .. .. .. .. .. .. .. 58 19 2 0 16 In London .. .. .. .. .. .. .. .. 1,448 0 0 652,000 0 0 Investment Account .. .. .. .. .. .. .. 652,900 0 0 — 752,939 7 5 654,608 14 11 £963,032 16 0 Totals .. .. .. .. .. .. £1,332,685 3 1 — _ Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purpose of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

MAIN HIGHWAYS ACCOUNT 1925-1926. RECEIPTS. 1926-1927. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 545 15 3 Cash in the Public Account .. .. .. .. .. .. 10,466 4 0J Imprests outstanding— In the Dominion .. .. .. .. .. .. .. 15,990 18 9? In London .. .. .. .. .. .. .. .. 3,646 18 9 Investment Account .. .. .. .. .. .. .. 90,000 0 0" 120,104 1 6 Credits-in-Aid— 15,966 16 1 Vote—Main Highways .. .. .. .. .. .. .. .. 54,921 8 1 6 19 4 Recoveries on account of Expenditure of previous Years .. .. .. .. 104 8 4 Main Highways Act, 1922, Section 16, Subsection 1(6), — Amount transferred from Public Works Fund (General Purposes Account) .. .. 400,000 0 0 Amount transferred from Public Works Fund (General Purposes Account) in antici50,000 0 0 pation of appropriation of £200,000 New Zealand Loans Act, 1908, —■ Main Highways Act, 1922—New Zealand Consolidated Stock, 1945— Stock issued in respect of £500,000 authorized (part of £7,000,000 4|-per-cent. 500,000 0 0 Stock Loan) Stock issued in respect of amount required to cover Charges and Expenses 42,004 10 10 of raising £500,000 3 3 2 Interest on overdue instalments Debentures issued .. .. .. .. .. .. .. 100,000 0 0 100.000 0 0 542,007 14 0 £608,527 4 8 Totals .. .. .. .. .. .. .. £675,129 17 11 MINING ADVANCES £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 11,856 15 7 Cash in the Public Acoount .. .. .. .. .. .. 2,646 0 5 Investment Aocount .. .. .. .. .. .. .. 10,000 0 0 12,646 0 5 Mining Act, 1926, Seotion 383, Subsection 5 — Repayment of Advances .. .. .. .. .. .. ., 5,666 16 0 Interest on Advances .. .. .. .. .. .. .. 264 6 5 !_ 5,931 2 5 Mining Amendment Act, 1913, Section 4, Subsection 5, — 619 19 7 Repayment of Advances .. .. .. .. .. .. .. 15 0 0 169 5 3 Interest on Advances .. .. .. .. .. .. Dr. 0 1 11 14 18 1 789 4 10 Interest on Securities held by Investment Account .. .. .. .. .. 357 3 5 £12,646 0 5 Totals .. .. .. .. .. .. .. £18,949 4 4 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l rp T . I].

PUBLIC ACCOUNTS, 19 2 6-1927,

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued,

9 —B. 1 [PT. I].

CONSTRUCTION FUND. 1925-1926. EXPENDITURE. 1926-1927. Gross. Gross. £ s. d. £ a. d. £ s. d. 396,415 9 2 Vote —Main Highways .. .. .. .. .. .. .. .. 604,570 7 5 I New Zealand Loans Act, 1908, —- Charges and Expenses of raising Loans— 42,007 14 0 Main Highways Aot, 1922 Amount transferred from Public Works Fund (General Purposes Account) in 50,000 0 0 anticipation of appropriation of £200,000, now refunded Balance at end of Year, — 10,466 4 0 Cash in the Public Account .. .. .. . .. 62,321 2 9 Imprests outstanding—15,990 IS 9 In the Dominion .. .. .. .. .. .. 3,238 7 9 3,646 18 9 In London .. 90,000 0 0 Investment Account .. .. .. . . .. .. .. 5,000 0 0 70,559 10 6 120,104 1 6 £608,527 4 8 Totals .. .. .. .. .. .. •• £675,129 17 11 * ACCOUNT. £ s. d. £ a. d. £ s. d. Advances under Subseotion (6) (b) of Section 4 of the Mining Amendment Aot, 1913 •. 109 1 8 Administration Expenses under Subseotion (6) (e) of Section 4 of the Mining Amendment Act, 1913 .. .. .. .. .. .. .. .. j 120 Mining Act, 1926, Section 383 (6) (6), — Advances for the development of mining .. .. .. .. .. .. 5,226 16 0 Balance at end o£ Year, — 2,646 0 5 Cash in the Public Aocount .. .. .. .. .. .. 6,612 4 8 10,000 0 0 Investment Account .. .. .. .. .. .. .. 7,000 0 0 13,612 4 8 12,646 0 5 £12,646 0 5 Totals .. .. .. .. .. .. .. £18,949 4 4 Note. In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l. [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

NATIONAL ENDOWMENT 1925-1926. RECEIPTS. 1926-1927. | £ s. d. Balance at beginning of Year, — £ s. d. £ b. d. 45,555 8 2 Cash in the Public Account .. .. .. .. .. .. 2(i,393 9 8 81,100 0 0 Investment Account .. .. .. .. .. .. .. 100,100 0 0 126,493 9 8 126,655 8 2 134,697 19 2 Rents, &c., from National Endowment Lands .. .. .. .. .. .. | 134,208 1Y 7 Section 302 (9) of the Land Act, 1924, — 1,261 7 8 Interest on Sales of Land .. .. .. .. .. .. .. .. j 1,678 17 11 j 2,961 16 1 Interest on Securities held by Investment Account .. .. .. .. I .. ! 2,714 6 11 Interest on Securities held by National Endowment Trust Account Investment 670 2 4 Account .. .. .. .. .. .. ... .. .. .. 809 9 11 | Public Revenues Act, 1926, Section 40, — Interest reoeived on temporary transfers to other Accounts .. .. .. __ 27 12 4 Amount transferred from State Forests Aocount in terms of Section 39 (2) of the 9,740 12 2 Forests Act, 1921-22 .. .. .. .. .. .. .. .. 15,658 15 4 £275,987 5 7 Totals .. .. .. .. .. .. .. £281,591 9 8 NATIONAL ENDOWMENT £ s. d. Balance at beginning of Year— £ s. d. £ s. d. 936 15 2 Cash in the Publio Account .. .. .. .. .. .. 516 7 6 15,700 0 0 Investment Account .. .. .. .. .. .. .. 19,690 0 0 20,206 7 6 16,636 15 2 5,128 8 2 Sales of Land under Seotion 302, Subseotion (10), of the Land Aot, 1924 .. .. 4 953 13 6 161 0 7 Interest on Sales under the Land Laws Amendment Act, 1920, Section 11 (9) .. 85 8 6 Proceeds of Sales of National Endowment Lands transferred from National Endow53 6 3 ment Account £21,979 10 2 Totals .. .. .. .. .. .. .. £25,245 9 6 NATIVE LAND £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 67,982 15 6 Cash in the Public Account .. .. .. .. .. .. 41,331 11 1 Imprests outstanding— 29 9 4 In the Dominion 90,000 0 0 Investment Account .. .. .. .. .. .. . . 63,000 0 0 104,331 11 1 158,012 4 10 — — Credits-in-aid, — 159 7 0 Vote —Native Land Purchase Expenses .. .. .. .. .. .. 142 6 4 Credits in reduction of Expenditure under Section 417, Native Land Act, 1909,— 0 2 8 Subsection (a), Acquisition of Native Lands .. .. .. .. .. 264 7 3 Subsection (e), Roads, Bridges, and preparing Native Lands for settlement .. 158 11 3 Subsection (/), Improving, developing, and protecting Native Lands .. .. 2 0 0 424 18 6 j 158,171 14 6 ; Carried forward .. .. .. .. .. .. 104,898 15 11 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure a; to 1924-25. For the purposes of comparison a summary showing the net ««penditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued

ACCOUNT. 1925-1926. 1BP6-1927 rr „„ EXPENDITURE. WM-liHI. Gross. Gross. £ s. d. £ a. d. £ s. d. Expenditure under Section 295 (2) of the Land Act, 1924, — 8,631 17 4 Expenses of administration .. .. .. .. .. .. .. 7,626 3 4 550 0 0 Expenditure under Section 83 (3) of the Land Act, 1924 Land Act, 1924, Section 297 (a), and New Zealand Universities Amendment Act, 1914, Section 32, —• 12,501 13 10 Payment to Universities of portion of National Endowment residue .. .. .. 12,649 7 0 ' « Land Act, 1924, Section 297 (6), — 75,010 3 3 Transfer to Vote—Education of portion of National Endowment residue .. .. 75,896 1 9 Land Act, 1924, Section 298,— 37,505 1 8 Portion of National Endowment residue applied for payment of Old-age Pensions .. 37,948 0 11 Land Act, 1924, Sections 139, 295, and 357, — 15,241 13 7 " Halves," " Thirds," and " Fourths " paid over to Local Bodies' Deposit Accounts .. 14,159 14 10 Transfer to National Endowment Trust Account of sales of land previously credited to National Endowment Account, —- 45 5 0 Land Act, 1908, Section 267 8 13 Land Laws Amendment Act, 1912, Section 16 53 6 3 Public Revenues Act, 1926, Section 40, — Temporary transfers to other Accounts .. .. .. .. .. .. 4,000 0 0 Balance at end of Year, — 26,393 9 8 Cash in the Publio Aocount .. .. .. .. .. 43,212 1 10 100,100 0 0 Investment Account .. .. .. .. .. .. .. 86,100 0 0 — 129,312 1 10 126,493 9 8 £275,987 5 7 Totals .. .. .. .. .. .. .. £281,591 9 8 TRUST ACCOUNT. £ s. d. £ s, d. £ s. d. 1,746 0 0 Expenditure under Section 3 of the Land Laws Amendment Aot, 1922 Expenditure under Section 49 (2 and 3) of the Land for Settlements Act, 1925, — Amount transferred in respect of settlement land converted into National Endowment land .. .. .. .. .. .. .. .. .. 54 0 0 Land Act, 1924, Seotion 139,— 27 2 8 " Thirds " and " Fourths " paid over to Local Bodies' Deposit Accounts .. .. 52 15 10 Balance at end of Year, — 516 7 6 Cash in the Publio Account .. .. .. .. .. .. 5,448 13 8 19,690 0 0 Investment Account .. .. .. .. .. .. .. 19,690 0 0 25,138 13 8 20,206 7 6 £21,979 10 2 Totals .. .. .. .. .. .. .. £25,245 9 6 SETTLEMENT ACCOUNT. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 2,881 6 6 Vote—Native LandPurchase Expenses .. .. .. .. .. .. 3,657 9 10 Expenditure under Section 417 of the Native Land Aot, 1909, — 52,987 3 6 Subsection (a), Acquisition of Native Lands .. .. .. .. .. 57,708 6 3 23,760 18 1 Subsection \b), Survey of Native Lands .. .. .. .. .. 15,029 18 3 Subsection (e), Roads, Bridges, and preparing Native Lands for settlement .. 15,549 17 10 Subsection (/), Improving, developing, and protecting Native Lands .. .. 2,194 10 8 — 90,482 13 0 76,748 1 7 Urewera Lands Aot, 1921-22, Section 10, — 1,466 3 4 Interest on Debentures .. .. .. .. .. .. •• •• 1,466 3 4 Land Act, 1924, Section 21, — 3,972.18 1 Expenses of administration recouped to the Consolidated Fund .. .. .. 3,155 11 11 85,068 9 6 Carried forward .. .. .. .. . • j •• 98,761 18 1 Note. —-In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I

PUBLIC ACCOUNTS, 1926- 1 927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

1925-1926. RECEIPTS. 1926-1927. £s.d. I £ s. d. £ s. d. 158,171 14 6 Brought forward .. .. .. .. .. 104,898 15 11 Recoveries on aooount of expenditure of previous years .. .. .. .. j .. 37 0 0 10,034 2 10 Amount received in respect of Survey Liens .. .. .. .. .. j .. 7,381 13 3 ____________________ ♦ 1,857 1 3 Interest on Survey Liens .. .. .. .. .. .. .. .. 1,683 9 1 50,206 17 6 Rents, &c. .. .. .. .. .. .. .. .. . j . .* 46,597 19 3 I 41,524 12 8 Land-sales .. .. .. .. .. .. .. .. .. •• 57,488 4 0 . ' ■ 7,548 12 0 Interest on Sales of Land .. .. .. .. .. .. ... •• 8,570 8 1 4,431 4 7 Interest on Securities held by Investment Account .. .. .. .. ! .. 3,387 14 2 Repayments by Maori Land Boards of Advances under Section 274 of the Native Land Aot, 1909, — 298 16 5 Principal .. .. .. .. .. .. .. .. .. 1,542 6 5 535 16 11 Interest .. .. .. .. .. .. .. .. .. 519 16 6 —! i 2,062 2 11 834 13 4 Section 274, Native Land Act, 1909, and Native Land Amendment and Native Land Claims Adjustment Act, 1923, Section 16, — Subsection (5), — 185 12 11 Interest .. .. .. .. .. .. .. .. 149 15 6 110 5 2 Principal .. .. .. .. .. .. .. .. 74 17 6 224 13 0 295 18 1 Adjustment of amount erroneously oredited in 1923-24, — Section 274 of the Native Land Act, 1909, and Section 16, Subsection (5), of the Native Land Claims Adjustment Act, 1923 (as amended by Section 14 of the 522 6 11 Native Land Amendment and Native Land Claims Adjustment Act, 1925) I Adjustment of amount erroneously oharged in 1921-22, — Recoupments under the Finance Act, 1919, Seotion 4 — 1,712 14 4 Interest .. .. .. .. .. .. .. .. .. Adjustment of amount erroneously credited in 1925/26, — Section 274, Native Land Act, 1909, and Native Land Amendment and Native Land Claims Adjustment Act, 1923, Section 16, Subsection (5) — Principal .. .. .. .. .. .. .. .. 109 13 3 Interest .. .. .. .. .. .. .. .. 73 18 3 183 11 6 £277,139 18 0 Totals .. .. .. .. .. .. .. £232,515 11 2 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I] .

PUBLIC ACCOUNTS, 1926-1927

NATIVE LAND SETTLEMENT ACCOUNT-continued.

1925 - 1928 ' EXPENDITURE. 19^ 1927 - Gross. i Gross. £ s. d. £ s. d- £ s. d. 85,068 9 6 Brought forward .. .. .. .. .. .. 98,761 18 1 Expenditure under Section 20, Subsection (4), of the Discharged Soldiers' Settlement Amendment Act, 1923 (Payment to Discharged Soldiers Settlement Account 2,031 10 0 in respect of amount added to Capital Value of Land).. Land Act, 1924, Section 139,— 5,604 9 5 " Thirds" and " Fourths " paid over to Local Bodies' Deposit Aocounts .. 5,153 3 9 Land Act, 1924, Section 83 (3), — F*a>ment for value of improvements .. 11,438 5 11 Expenditure under Section 49 (2 and 3), Land for Settlements Act, 1925, — Amount transferred in respect of settlement land converted into ordinary Crown Land .. .. .. .. .. .. .. .. .. .. 1,103 12 0 Finance Act, 1926, Section 23 (4), — Recoupment of Stamp Duty on transfers of New Zealand Consolidated Stook, 1935/45 — Native Land Amendment Act, 1913 .. .. .. .. .. 64 1 2 Recoupment of Stamp Duty on transfers of New Zealand Consolidated Stock, 1944— Native Land Amendment Act, 1913 .. .. .. .. .. 56 8 3 — . 120 9 5 Recoupments under the Finance Act, 1919, Section 4, — 76,749 16 5 Interest .. 98 14 5 Recoupment of Management Charges of Consolidated Stock .. .. .. _ _ jQg jg Amortization of Debt, — Transfer to Loans Redemption Account for redemption of securities under— New Zealand Loans Act, 1908 — 2 400 0 0 Native Land Amendment Act, 1913 Stamp Duty on transfers of New Zealand Consolidated Stock, 1935/45, — New Zealand Loans Act, 1908 — 106 19 3 Native Land Amendment Act, 1913 Stamp Duty on transfers of New Zealand Consolidated Stock, 1944, — New Zealand Loans Act, 1908— 174 19 11 Native Land Amendment Act, 1913 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — 37 10 0 Native Land Amendment Act, 1913 (redemptions) .. Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/45- — 11 14 10 Native Land Amendment Act, 1913 49 4 10 Adjustment of entry incorreotly shown in 1923-24 Accounts, — Native Land Act, 1909, Section 274, and Native Land Amendment and Native Land Claims Adjustment Aot, 1923, Section 16, Subsection (3) —• 522 6 11 Principal Adjustment of entry inoorrectly shown in 1923-24 Accounts,— New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1935/45 — Native Land Amendment Act, 1913 — 1 16 3 Premiums Adjustment of entries erroneously credited, 1925/26, — Section 274, Native Land Aot, 1909, Native Land Amendment and Native Land Claims Adjustment Act, 1923, Section 16, Subsection (5) — Principal .. .. .. .. .. .. .. .. 73 18 3 Interest .. .. .. .. .. .. .. .. 109 13 3 ! i 183 11 6 Adjustment of entries incorrectly shown in 1906/07, — Repayments by Maori Lands Boards of Advances under Section 274 of the Native Land Aot, 1909 — Principal .. .. .. .. .. .. .. .. 503 14 11 Interest .. .. .. .. .. .. .. .. 744 11 4 1,248 6 3 Balance at end of Year, — 41,331 11 1 Cash in the Public Account .. .. .. .. .. .. 21,895 9 2 Imprests outstanding— In the Dominion .. .. .. .. .. .. .. 200 63,000 0 0 Investment Account .. .. .. .. .. .. .. 92,500 0 0 ! 114,397 9 2 104,331 11 1 £277,139 18 0 Totals j .. | £232,515 11 2 j Note.—In these accounts the oredits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [Pt. I]

PUBLIC ACCOUNTS, 1926-192 7

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

PUBLIC DEBT 1925-1926. RECEIPTS, 1926-1927. £ a. d. Balance at beginning of Year, — £ s. d. £ s. d. Cash in the Public Account .. .. .. .. .. .. .. 2,096 2 6 Repayment of the Public Debt Act, 1925, Section 11, — Transfers from the Consolidated Fund —■ Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 870,640 13 6 outstanding at 31st March, 1926 .. .. .. .. •• 896,651 3 5 Subsection (6), being 3J per cent, of the amount of the Public Debt redeemed to 31st March, 1926 .. .. .. .. .. .. .. 31,140 12 10 Subsection (b), being 3} per cent, of the amount of the Public Debt cancelled 2,093 2 6 during the year, computed from the dates of redemption .. .. .. 13,737 81 — 941,529 4 4 872,733 16 0 £872,733 16 0 Totals .. .. .. .. .. .. £943,625 6 10 RAILWAYS IMPROVEMENT £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 23,224 3 2 Cash in the Public Account .. .. .. .. .. .. 38,370 9 3 Imprests outstanding— 2,285 6 0 In the Dominion.. .. .. .. .. .. .. .. 4,506 1 0 12,291 16 5 In London .. .. .. .. .. .. .. .. 885 1 4 539 800 0 0 Investment Account .. .. .. .. .. .. .. 236,900 0 0 : 280,661 11 7 577,601 5 7 Credits in reduction of Expenditure under Section 5 of the Railways Improvement Authorization Act, 1914, — 2 0 0 Duplications .. .. .. .. .. .. .. .. 3,956 17 5 J 31 10 0 Grade easements : Penrose-Mercer 253 5 6 New line, Auckland to Westfield .. .. .. .. .. .. 44,418 3 10 12,401 2 6 Signalling, interlocking and safety appliances .. .. .. .. 7,540 7 1 New stations, station-yards, and terminal facilities .. .. .. .. 6,715 0 1 Bridge-strengthening .. .. .. .. .. .. .. 18,587 2 4 1 81,217 10 9 12,687 18 0 Credits in reduction of Expenditure under Section 7 of the Finance Act, 1921, — 178 1 7 2 Paeroa railway-station rearrangement .. .. .. .. .. 22,523 6 0 41 10 4 Tawa Flat deviation 4,416 12 5 Peliohet Bay railway deviation .. .. .. .. .. .. 236 15 4 10 0 Railway electrio lighting 447 18 5 Hutt Valley railway .. .. .. .. .. .. .. 13,568 7 3 3,500 0 0 Railway from Auckland station-yard along Quay Street Palmerston North railway deviation .. .. .. .. .. .. 67 3 4 Elimination of level crossings .. .. .. .. .. .. 1,231 8 0 37,626 19 11 8,585 18 4 598,875 1 11 Carried forward .. .. .. .. .. .. I 399,506 2 3 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as reoeipts, and are not deducted from the expenditure as prior to 1924—25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

REPAYMENT ACCOUNT. 19 Sf 6 - EXPENDITURE. 1926 " 1927 - Gross - Gross. £ s. d. Securities redeemed and cancelled in terms of Section 13 of the Repayment of the £ 8. d. £ s. d 870,63713 6 Public Debt Act, 1925 — — New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Act, 1906 .. .. .. 101,900 0 0 Aid to Public Works and Land Settlement Act, 1907 .. .. .. 111,200 0 0 Aid to Public Works and Land Settlement Act, 1921 .. .. .. 66,750 0 0 Appropriation Act, 1918, Section 33 (Waimarino Bush-fire Relief) .. .. 5,000 0 0 Discharged Soldiers Settlement Loans Act, 1920 .. .. .. .. 18,900 0 0 Education Purposes Loan Act, 1919 .. .. .. .. .. 13,000 0 0 Finance Act, 1916, Section 35 (War Expenses), (Nominal value, £126,850) .. 126,545 0 0 j Finance Act, 1918, No. 2, Part IV (War Expenses), (Nominal value, £3,200) .. 3,072 0 0 Finance Act, 1918, No. 2, Section 30 (Cold Storage Advances) .. .. 980 0 0 Fishing Industry Promotion Act, 1919 .. .. .. .. .. 1,060 0 0 Fruit Preserving Industry Act, 1913, and Finance Act, 1917, Section 80 .. 5,000 0 0 Land for Settlements Act, 1908 .. .. .. .. .. 200,200 0 0 Land Laws Amendment Act, 1913 .. .. .. .. .. 10,200 0 0 Mining Amendment Act, 1913, and Amendment Act, 1919 .. .. .. 6,500 0 0 New Zealand State Guaranteed Advances Acts, 1909/10, and Finance Act, 1915, Section 106 (Land for Settlements Branch), (Nominal value, £50) .. 48 0 0 Government Railways Act, 1908, Railways Improvement Authorization Act, 1904/7 .. .. .. .. .. .. .. .. 12,400 0 0 Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1921-22, Section 23 .. .. .. .. .. .. .. .. 15,500 0 0 Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 .. 5,000 0 0 War Purposes Loan Act, 1917 (Nominal value, £3,700) .. .. .. 3,552 2 6 War Purposes Loan Act, 1917, and Finance Act, 1917, Section 68 (Nominal value, £2,600) .. .. .. .. .. .. .. 2,566 12 6 New Zealand Inscribed Stock Act, 1917— Aid to Public Works and Land Settlement Act, 1921 .. .. .. 63,420 0 0 Discharged Soldiers'Settlement Loans Act, 1920 .. .. .. 1,000 0 0 Education Purposes Loan Act, 1919 .. .. .. .. .. 3,780 0 0 Finance Act, 1916, Section 35 (War Expenses), (Nominal value, £72,660) .. 72,626 2 6 Finance Act, 1918, Section 10 (War Expenses), (Nominal value, £19,000) ... 18,253 5 0 Finance Act, 1918, Section 10 (War Expenses), (Death Duty Stock) .. 15,050 0 0 Finance Act, 1919, Section 5 (Public Works), (Nominal value, £200) .. 195 0 0 Government Railways Act, 1908, and Finance Act, 1909 .. .. .. 500 0 0 Land for Settlements Act, 1908 .. .. .. .. .. 6,100 0 0 War Purposes Loan Act, 1917 (Nominal value, £37,820) .. .. .. 36,432 11 6 War Purposes Loan Act, 1917 (Death Duty Stock) .. .. .. 12,500 0 0 — 939,230 14 0 Balance at end of Year,. — 2,096 2 6 Cash in the Public Account .. .. .. .. .. .. .. 4,394 12 10 £872,733 16 0 Totals .. .. .. .. .. .. £943,625 6 10 AUTHORIZATION ACT 1914 ACCOUNT. £ «■ d. £ s. d. £ s. d. Expenditure under Section 5 of the Railways Improvement Authorization Act, 1914, — 152,454 16 7 New stations, station-yards, and terminal facilities" .. .. .. .. 155,314 9 7 30,260 7 4 Duplications .. .. .. .. .. .. .. .. 61,356 13 6 483 16 1 Grade easements .. .. .. .. .. .. .. .. 143 7 6 12 10 8 New engine-depot and approach-lines at Auckland .. .. .. .. 538 16 9 850 11 11 I Additions to workshops at Newmarket and Petone 168,740 6 5 I New line, Auckland to Westfield .. .. .. .. .. .. 172,965 9 2 130,091 12 7 ' Signalling, interlocking, and safety appliances .. .. .. .. 14,554 4 11 8,764 9 9 1 Bridge-strengthening .. .. .. .. .. .. .. 8,784 14 1 ! 413,657 15 6 491,658 11 4 j Expenditure under Section 7 of the Finance Act, 1924, — 43,020 10 6 Paeroa railway-station rearrangement .. .. .. .. .. 10,325 10 0 646 5 9 Palmerston North railway deviation.. .. .. .. .. .. ! 14,059 19 6 4,264 16 0 Tawa Flat railway deviation .. .. .. .. .. .. 984 13 1 5,913 11 10 Pelichet Bay railway deviation .. .. .. .. .. .. 1,191 12 9 15,660 17 5 Railway electrio lighting .. .. .. .. .. .. .. j 3,159 19 9 75,586 14 11 Huit Valley railway .. .. .. .. .. .. .. 156,454 16 4 6,213 18 5 | New Plymouth railway works .. .. .. .. .. .. [ 3,849 0 3 \ Elimination of level-crossings .. .. .. .. .. ..I 24,514 18 2 3,500 0 0 Railway from Auckland station-} ard along Quay Street .. .. .. | ' 210,691 9 7 158,655 15 1 j 650,314 6 5 Carried forward .. .. .. .. .. .. j 624,349 5 1 I I | Note. —In these accounts the credits-in-aid '(section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I],

PUBLIC ACCOUNTS, 1 926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

RAILWAYS IMPROVEMENT 1925-1926. RECEIPTS. 1926-1927. 598,875 1 11 Brought forward .. .. .. .. .. £ s. d. ggg 2 3 Credits in reduction of Expenditure under Section 10 of the Finance Aot, 1925,— Rearrangement of or alterations and additions to stations .. .. .. 604 5 1 Workshops and equipment of Locomotive branch .. .. .. .. 0 3 10 136 18 * Telephones, telegraphs, and signalling, interlocking and safety applianoas .. 5 7 0 1,677 12 3 New workshops at Otahuhu and Petone, &c. .. .. .. .. .. 2 533 16 3 Miscellaneous works—-Permanent-way materials .. .. .. .. .. ,, 75 178 17 9 1,814 10 7 78,322 9 11 New Zealand Loans Act, 1908, Section 5(1) (b), —■ Railways Improvement Authorization Act, 1914 — Temporary advance receivod from Bank of England on Memorandum of Security .. 90,000 0 0 New Zealand Loans Act, 1908, — New Zealand Consolidated Stock, 1945 — Railways Improvement Authorization Act, 1914— Stock issued in respect of £500,000 authorized (part of £7,000,000 4J-per-cent. 500,000 0 0 Stock Loan) .. .. . . 42,004 10 10 Amount raised to cover charges and expenses of raising £500,000 3 3 2 Interest on overdue instalments .. 542,007 14 0 | New Zealand Loans Act, 1908, — New Zealand Consolidated Stock, 1946 — Railways Improvement Authorization Aot, 1914 — Stock issued in respect of £900,000 authorized (part of £6,000,000 5-per-cent. Stock Loan, 1926) .. .. .. .. .. .. .. 900,000 0 0 Interest on overdue Instalments .. .. .. .. ., 5 15 1 Stock issued to cover charges and expenses of raising £900,000 authorized (part of £6,000,000 5-per-cent. Stock Loan, 1926) .. .. .. 34,076 7 4 Premium .. .. .. .. .. .. .. .. 340 15 3 New Zealand Inscribed Stock Act, 1917 — 5J-per-cent. Inscribed Stock issued .. .. .. .. 51,310 0 0 5J-per-cent. Inscribed Stock (Death Duties) issued .. .. .. 7,000 0 0 — 992,732 17 8 Adjustment of amount incorrectly charged in 1924-25 Acoounts, — 635 0 0 Expenditure under Seotion 5 of the Railways Improvement Authorization Aot, 1914 il,143,332 6 6 Totals .. .. .. .. .. .. .. £1,560,561 9 10 RANGITAIKI LAND £ s. d. Balance at beginning of Year,— £ s. d. £ s. d. 42,013 7 2 Cash in the Public Account .. .. .. .. .. .. 4,183 13 0 7,000 0 0 Investment Account .. .. .. .. .. .. .. 20,000 0 0 24,183 13 0 49,013 7 2 Credits in reduction of Expenditure under Section 7 of the Rangitaiki Land Drain1,037 10 5 age Aot, 1910 .. .. .. .. .. .. .. .. .. 3,351 8 2 Receipts under the Rangitaiki Land Drainage Aot, 1910, - 11 5 0 "Thirds" .. .. .. .. .. .. .. .. 984 146 13 8 Miscellaneous .. .. .. .. .. .. .. .. 236 17 8 246 6 0 157 18 8 Rangitaiki Land Drainage Aot, 1910, Sections 6 and 7, — 76 6 9 Rate Account .. .. .. .. .. .. .. .. .. 640 13 7 918 12 1 Interest on Securities held by Investment Account .. .. .. .. • ■ 591 16 0 £51,203 15 1 Totals .. .. .. .. .. .. £29,013 16 9 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. l?or the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l PT. I}.

PUBLIC ACCOUNTS, 1926-1927.

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

10— B. 1 [PT. Ij.

AUTHORIZATION ACT 1914 ACCOUNT—continued. 1925-1926. 1926-1927 „ EXPENDITURE. Gross. Gross. £ s. d. £ s. d. £ s. d. 650,314 6 5 Brought forward .. .. .. .. .. .. 624,349 5 1 Expenditure under Section 10 of the Finance Act, 1925, — 38,176 8 0 Rearrangement of or alterations and additions to stations .. .. .. 39,514 6 5 857 18 3 Deviation and duplication: Ravensbourne-Burke's .. .. .. .. 15,728 13 3 N«w Depot for locomotives at Elmer Lane .. .. .. .. .. 1,315 0 10 Electric lighting of Stations .. .. .. .. .. .. 9,992 10 0 Marshalling-yards for Cbristchurch at Middleton .. .. .. .. 51,778 5 9 2,495 6 3 Telephones, telegraphs, and signalling, interlocking and safety appliances .. 45,558 4 4 10,201 7 4 Workshops and equipment of Locomotive branch .. .. .. .. 44375 19 0 New Workshops at Otahuhu and Petone, and alterations and additions to 43,438 16 11 workshops at Addington and Hillside ".. .. .. .. .. 167,878 15 4 Miscellaneous works— Auckland to Morniugside deviation .. .. .. .. .. 32,191 15 11 75,178 17 9 Permanent-way materials I 408,833 10 10 170,348 14 6 New Zealand Loans Act, 1908, Section 5(1) (6), — Railways Improvement Authorization Act, 1914— Temporary advance from Bank of England on Memorandum of Security repaid .. 90,000 0 0 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908— 42,007 14 0 Railways Improvement Authorization Aot, 1914 .. .. .. .. 34,708 0 8 Railways Improvement Authorization Act, 1914 (redemptions) .. .. 16 2 6 ] : j 34,724 3 2 Balance at end of Year, — 38,370 9 3 Cash in the Public Acoount .. .. .. .. .. .. 27,176 9 4 Imprests outstanding— 4,506 1 0 In the Dominion .. .. .. .. .. .. .. 228 1 5 885 1 4 In London .. .. .. .. 236 900 0 0 Investment Account .. .. .. .. .. .. .. 375,250 0 0 ' 402,654 10 9 280,661 11 7 £1,143,332 6 6 Totals .. .. .. .. .. .. .. £1,560,561 9 10 DRAINAGE ACCOUNT. £ s. d. £ a. d. £ s. d. 21,971 16 8 Expenditure under Seotion 7 of the Rangitaiki Land Drainage Aot, 1910 .. .. .. 14,174 12 5 Appropriation Act, 1924, Section 14, Subsection (2) (6), and Appropriation Act, 1925, Section 16— 5,048 5 5 Refund of Rates Balance at end of Year, — 4,183 13 0 Cash in the Publio Account .. .. .. .. .. .. 4,839 4 4 20 000 0 0 Investment Account .. .. .. .. . .. .. 10,000 0 0 ' 14,839 4 4 24,183 13 0 £51,203 15 1 Totals .. .. .. .. .. £29,013 16 9 Note. In these accounts the credits-ill-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1 927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

RESERVE FUND 1925-1926. RECEIPTS. 1926-1927. £ s. d. Balance at beginning of Year,— £ s. d. £ s. d. 2,000,000 0 0 Investment Account .. .. .. .. .. .. .. .. i 2,000,000 0 0 •| £2,000,000 0 0 Totals .. .. .. .. £2,000,000 0 0 SAMOAN LOAN £ s. d. New Zealand Loans Act, 1908, — £ s. d. £ s. d. Finance Act, 1921-22, Section 26 (Sarnoan Loan) — 5,000 0 0 Debentures issued .. .. .. .. .. .. j Finance Act, 1925, Section 4 (Samoan Loan) — 10,000 0 0 Debentures issued .. .. .. .. .. .. .. 21,000 0 0 ! 21,000 0 0 £15,000 0 0 Totals .. .. .. .. .. .. .. £21,000 0 0 STATE ADVANCES £ s. d. £ s. d. £ s. d. Balance at beginning of Year, — Cash in the Public Account — £ s. d. 11,664 3 9 Advances to Settlers Branch .. .. .. .. 138,845 1 5 3,622 6 0 Advances to Workers Branch .. .. .. .. 12,628 13 10 Investment Account — 151,473 15 3 1 5 825 0 0 Advances to Settlers Branch .. .. .. .. 2,019,215 0 0 143,u/5 0 0 Advances to Workers Branch .. .. .. .. 122,000 0 0 [ 2,141,215 0 0 344,780 9 9 2,292,688 15 3 J New Zealand Loans Act, 1908,— State Advances Act, 1913— Advances to Settlers Branch — New Zealand Inscribed Stock Act, 19X7— | 1,907,205 0 0 Inscribed Stock issued .. .. .. .. .. .. 1,116,245 0 0 157,200 0 0 Inscribed Stock (Death Duty) issued .. .. .. .. 57,200 0 0 522,550 0 0 Debentures issued .. .. .. .. . . .. 147,550 0 0 Advances to Workers Branch—97,010 0 0 Debentures issued .. .. .. .. .. .. .. 192,650 0 0 New Zealand Inscribed Stock Act, 1917— 395,990 0 0 Inscribed Stock issued .. .. .. .. .. .. 871,240 0 0 7,000 0 0 Inscribed Stock (Death Duty) issued .. .. .. .. 16,050 0 0 Advances to Local Authorities Branch — 10,000 0 0 Debentures issued New Zealand Consolidated Stock, 1945— State Advances Act, 1913 — Advances to Settlers Branch— Stock issued in respect of £1,000,000 authorized (part of £7,000,000 1,000,000 0 0 4l-per-cent. Stock Loan) .. 84,009 1 8 Stock issued to cover Charges and Expenses of raising £1,000,000 6 6 4 Interest on overdue instalments Advances to Workers Branch — Stock issued in respect of £1,000,000 authorized (part of £7,000,000 1,000,000 0 0 4! -per-cent. Stock Loan) .. 84,009 1 8 Stock issued to cover Charges and Expenses of raising £1,000,000 6 6 4 Interest on overdue instalments New Zealand Consolidated Sto.;k, 1951— State Advances Aet, 1913— Advances to Settlers Branch— | 1,250,000 0 0 5J-per-cent. Stock issued to mature 1st February, 1951 — 2,400,935 0 0 6,514,985 16 0 6,859,7.2 5 9 Carried forward .. .. .. 4,693,623 15 3 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown is receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

ACCOUNT. 192 f 5 " 1926 - EXPENDITURE. 1926-1927. Gross. Gross. £ s. d. Balance at end of Year,— £ s. d. £ s. d. 2,000,000 0 0 Investment Account .. .. .. .. .. .. .. .. 2,000,000 0 0 £2,000,000 0 0 Totals .. .. .. .. .. .. .. £2,000.000 0 0 SUSPENSE ACCOUNT. £ 8. d. Amount advanced to Samoan Treasury,— £ s. d. £ s. d. 5,000 0 0 Samoa Act, 1921, Section 33, and Finance Act, 1921-22, Section 26 I 10,000 0 0 Samoa Act, 1921, Section 33, and Finance Act, 1925, Section 4 .. .. 21,000 0 0 21,000 0 0 15,000 0 0 £15,000 0 0 Totals .. .. .. .. .. .. .. £21,000 0 0 LOAN ACCOUNT. £ s. d. Amounts paid over to the State Advances Office on account of Loans raised, — £ s. d. £ s. d. 2,862,500 0 0 Advances to Settlers Branch .. .. .. .. .. .. 3,471,863 18 10 1,512,500 0 0 Advances to Workers Branch .. .. .. .. .. .. 1,210,792 17 4 10,000 0 0 Local Authorities Branch 4,682,656 16 2 4,385,000 0 0 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1944, — New Zealand State-guaranteed Advances Acts, 1909 and 1910 — 3 15 9 Advances to Settlers Branch 71 1 1 Advances to Workers Branch State Advances Act, 1913 — 1,402 15 0 Advances to Settlers Branch 1,402 15 0 Advances to Workers Branch 2,880 6 10 New Zealand Loans Act, 1908, — Charges and Expenses of raising loans— State Advances Act, 1913 — 97,910 6 7 Advances to Settlers Branch .. .. .. .. .. 5,229 18 7 84,386 14 2 Advances to Workers Branch .. .. .. .. . 4,195 17 6 ______ 9,425 16 1 182,297 0 9 4,570,177 7 7 Carried forward .. .. .. .. .. .. 4,692,082 12 3 Note. In these accounts the eredits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

STATE ADVANCES 1925-1926. RECEIPTS. 1926-1927. £ s. d. £ s. d. £ s. d. 6,859,772 5 9 Brought forward .. .. .. .. .. • 4,693,623 15 3 Amounts received from the State Advances Office to cover Charges and Expenses of raising loans, — State Advances Act, 1913 — Advances to Settlers Branch .. .. .. .. .. .. 420 1 0 Advances to Workers Branch .. .. .. .. .. .. 420 1 0 840 2 0 Amounts received from the State Advances Office to cover Stamp Duty on Transfers of New Zealand Consolidated Stock, 1944,— New Zealand State-guaranteed Advances Acts, 1909 and 1910 — 3 15 9 Advances to Settlers Branch 71 1 1 Advances to Workers Branch State Advances Act, 1913— I,402 15 0 Advances to Settlers Branch 1,402 15 0 Advances to Workers Branch 2,880 6 10 Adjustment of entries incorrectly shown in 1924-25 Accounts,— Charges and Expenses of raising Loans — New Zealand Loans Act— New Zealand State-guaranteed Advances Acts, 1909 and 1910— 10 16 3 Advances to Settlers Branch 202 14 0 Advances to Workers Branch 213 10 3 £6,862,866 2 10 Totals .. .. .. .. .. .. .. £4,694,463 17 3 STATE COAL- £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. II,214 11 5 Cash in the Public Aeoount .. .. .. . .. .. 1,071 17 7 Imprests outstanding— 100 0 0 In the Dominion 760 0 0 In London 10,000 0 0 Investment Account .. .. .. .. .. .. .. 17,500 0 0 : 18,571 17 7 22,074 11 5 Credits-in-aid, — 1,395 5 4 Vote—State Coal-mines .. .. ., .. .. .. .. .. 1,468 19 9 222 17 9 Recoveries on aoeount of Expenditure of previous Years .. .. .. .. 562 1 11 234,711 18 8 Rents, Royalties, Sale of Coal, Coke, Wood, &e. .. .. .. .. .. 300,598 9 7 879 3 7 754 18 11 Interest on Securities held by Investment Aooount £259,159 12 1 Totals .. .. .. .. .. .. .. £322,080 12 ' 5 j STATE COAL-MINES £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 188 12 2 Cash in the Public Account .. .. .. .. .. .. 318 11 8 41,480 0 0 Investment Account .. .. .. .. .. .. 47,880 0 0 48,198 11 8 41,668 12 2 1,977 19 1 Interest on Securities held by Investment Account .. .. .. .. .. 2,354 14 9 Finance Aot, 1921-22, Section 17, — 4,552 0 5 Transfer from State Coal-mines Aeoount Coal-mines Act, 1925, Section 185, — Transfer from State Coal-mines Account .. .. .. .. .. ... 4,552 0 5 £48,198 11 8 Totals .. .. .. .. .. .. .. £55,105 6 10 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Aot, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. Fot the purposes of comparison a stimmary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

LOAN ACCOUNT —continued. 1925-1926. EXPENDITURE. 1926-1927. Gross. Gross. £ s. d. ! £ s. d. £ a. il. 4,570,177 7 7 Brought forward .. .. .. •• •• •• 4,692,082 12 3 Balance at end of Year,-*-Cash in the Public Account— £ s. d. 138,845 1 5 Advances to Settlers Branch .. .. .. 2,241 5 0 12,628 IS 10 Advances to Workers Branoh .. .. .. .. .. I Investment Account— j 2,241 5 0 2,019,215 0 0 Advances to Settlers Branch .. .. .. .. 140 0 0 j 122,000 0 0 Advances to Workers Branch .. 140 0 0 2,292,688 15 3 2,381 5 0 £6,862,866 2 10 Totals .. .. .. .. .. . j .. £4,694,463 17 3 MINES ACCOUNT. I £ s. d. Annual Appropriation,— I £ s. d. £ s. d. 226,775 17 4 Vote—State Coal-mines .. .. .. .. .. .. 274,529 11 0 Unauthorized Expenditure— Services not provided for .. .. .. .. • ■ .. 110 0 0 * 274,639 11 0 226,775 17 4 ; Finance Act, 1919, Section 4, — Public Revenues Act, 1926, Section 139, — 9,251 19 2 Interest recouped to the Consolidated Fund .. .. .. .. .. 9,176 19 2 7 17 7 Recoupment of Management Charges of Consolidated Stook .. .. .. .. 7 17 6 Amortization of Debt, — Finance Act, 1921-22, Seotion 17 — 4,552 0 5 Transfer to State Coal-mines Sinking Fund Account Coal-mines Aot, 1925, Section 185 — Transfer to State Coal-mines Sinking Fund Account .. .. .. 4,552 0 5 , 4,552 0 5 Balance at end of Year, — 1,071 17 7 Cash in the Public Acoount .. .. .. .. .. .. 9,404 4 4 17,500 0 0 Investment Account .. .. .. .. .. .. '.. 24,300 0 0 33,704 4 4 18,571 17 7 £259,159 12 1 Totals .. .. .. .. .. .. .. £322,080 12 5 SINKING FUND ACCOUNT. £ s. d. Balance at end of Year, — £ s. d. £ s. d. 318 11 8 Cash in the Public Account .. .. .. .. .. .. 4,565 6 10 47,880 0 0 Investment Account .. .. .. .. .. .. .. 50,540 0 0 55,105 6 10 48,198 11 8 £48,198 11 8 Totals .. .. .. .. .. .. .. £55,105 6 10 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l IPT. 11.

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the STATE FORESTS

1925-1926. RECEIPTS. 1926-1927. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 4,399 10 10 Cash in the Public Acoount .. .. .. .. .. .. 2,358 3 11 Imprests outstanding — In the Dominion .. .. .. .. .. .. .. 10 165,000 0 0 Investment Account .. .. .. .. 125,500 0 0 127,861 3 9 169,399 10 10 Credits-in-aid,— 1,513 16 9 Vote—State Forest Service .. .. .. .. .. 1,227 14 11 Credits in reduction, — Unauthorized Expenditure— 30 16 8 Services not provided for .. .. .. .. . . .. .. 152 7 5 200 17 5 Recoveries on aeoount of Expenditure of previous Years .. .. .. 109 13 8 13,391 1 10 Receipts from Nurseries and Plantations .. .. .. .. .. .. 14,609 10 5 111,053 6 0 Reoeipts from Indigenous Forests .. .. .. .. .. .. .. 74,-900 19 2 Forests Act, 1921-22, Section 39, — 29,859 11 9 Receipts from National Endowment Indigenous Forests .. .. 27,270 19 0 4,608 18 2 Miscellaneous Receipts .. .. ■. .. ■■ .. 5,406 8 10 Forests Amendment Act, 1926, Sections 6 and 7, — Deduction for Administration Expenses .. .. .. .. .. .. 275 17 5 Finance Act, 1925, Section 43, Subsection 7, — Revenue received in respect of Akatarawa Reserve .. .. .. .. .. 52 1 6 Finance Act, 1925, Section 43, Subsection 8, — Amount recovered in respect of administration expenses of Akatarawa ReserveWellington City Council .. .. .. .. .. .. 105 19 0 Eastbourne Borough Council .. .. .. .. .. .. 1 17 0 Lower Hutt Borough Council . . .. .. .. . • .. 7 5 11 Petone Borough Council .. .. .. .. .. .. 996 Upper Hutt Borough Council .. .. .. .. .. .. 1170 Hutt County Council .. .. .. .. .. .. .. 4 13 7 131 2 0 Finance Act, 1925, Section 43, Subsection 4, — Contributions received from Local Authorities in respect of the purchase of the Akatarawa Reserve — 4,343 12 7 Wellington City Council 98 6 10 Lower Hutt Borough Council 388 7 8 Petone Borough Council 151 15 8 Upper Hutt Borough Council 191 19 2 Hutt County Council Eastbourne Borough Council .. .. .. .. .. .. 75 17 10 75 17 10 5,174 1 11 7,178 110 Interest on Securities held by Investment Account .. .. .. .. .. 4,551 6 10 Public Revenues Act, 1926, Seotion 40, — Temporary transfers from other Accounts .. .. .. .. .. .. 5,000 0 0 £342,410 3 2 Totals .. .. .. .. .. .. .. £261,625 2 9 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued. ACCOUNT.

1925-1926. r.x,„r.L,~ m 1926-1927. EXPENDITURE. Gross. Gross. 1 £ s. cl. Annual Anpropriation,— £ s. d. £ s. d. 166,020 11 6 Vote—State Forest Service .. .. .. .. 193,038 1 6 Unauthorized Expenditure— 30 16 8 Servioes not provided for.. .. .. .. .. .. .. 210 12 5 193,248 13 11 166,051 8 2 Finance Act, 1919, Section 4, — Public Revenues Act, 1926, Section 139, — 28,003 16 7 Interest recouped to the Consolidated Fund .. .. .. .. .. 27,661 6 2 Finance Act, 1926, Section 23 (4), —■ Recoupment of Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935-45— Forests Act, 1921-22 .. .. .. .. .. .. .. .. 51 4 10 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/45, — 85 11 6 Forests Act, 1921-22 31 17 6 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 31 17 3 Forests Act, 1921-22, Section 39 (2), —- 9,740 12 2 Transfer to National Endowment Account .. .. .. .. .. 15 ggg jg 4 Finance Act, 1925, Section 43, Subsection (3) — 10,624 16 9 Purchase of Akatarawa Reserve Finance Act, 1926, Section 21, — Interest on Advances from Consolidated Fund .. .. .. ... .. j 1,333 2 6 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/45 — 9 7 9 Forests Act, 1921-22 .. Adjustment of amount incorrectly shown in 1924-25 Accounts,— New Zealand Loans Act, 1908 —■ New Zealand Consolidated Stock, 1935/45 — Forests Act, 1921-22—-19 0 Premiums | Balanoe at end of Year.— 2,358 3 11 CaHh in the Public Acoount .. .. .. .. .. .. 1,994 1 1 Imprests outstanding— 2 19 10 In the D iminion .. 166 1 8 In London .. .. .. .. .. .. .. .. 1,480 0 0 125,500 0 0 Investment Account .. .. .. .. .. .. .. 20,000 0 0 . 23,640 2 9 127,861 3 9 £342,410 3 2 Totals .. .. .. .. .. .. .. £261,625 2 9 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

SWAMP LAND 1925-1926. RECEIPTS. 1926-1927. £ 3. d. Balance at beginning of Year,— £ s. d. £ s. d. 7,865 17 3 Cash in the Public Account .. .. .. .. .. .. 12,430 6 0 Imprests outstanding,— In the Dominion .. .. .. .. .. .. .. 72 0 0 25,000 0 0 Investment Account 12,502 6 0 32,865 17 3 — Credits in reduction of Expenditure under Section 4 of the Swamp Drainage Act, 1915, and Section 95 of the Reserves and Other Lands Disposal and Public Bodies 649 14 7 Empowering Act, 1916 .. .. .. .. .. .. .. .. 416 11 9 Swamp Drainage Act, 1915, Section 8, — 11 19 4 " Thirds" .. .. .. .. .. .. .. .. .. 15 11 8 399 10 0 Miscellaneous Receipts .. .. .. .. .. .. .. .. 1,060 16 3 632 12 0 Interest on Securities held by Investment Account .. .. .. .. .. 268 8 9 New Zealand Loans Aot, 1908, — Swamp Drainage Act, 1915, and Appropriation Aot, 1918, Section 46— 35,000 0 0 Debentures issued .. .. .. .. .. .. .. .. 25,000 0 0 Public Revenues Act, 1926, Section 40, — Temporary transfers from other Accounts .. .. .. .. .. • • 15,000 0 0 £69,559 13 2 Totals .. .. .. .. .. .. .. £54,263 14 5 WAR EXPENSES £ s. d. Balance at beginning of Year, —■ £ s. d. £ s. d. 962 0 8 Gash in the Public Acoount Imprests outstanding— • 822 13 8 In London 6,695 3 2 Investment Acoount .. .. .. .. 8,479 17 6 Credits-in-aid — 6,362 19 5 Vote —War Expenses 9,5,598 13 10 Recoveries on account of Expenditure of previous Years.. £40,441 10 9 Totals .. .. .. .. .. •• :: | r"T — T - T^: ;N ote . Xn these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. Eor the purposes of comparison a summary showing the net expenditure will be found on page 81.

B—l [PT. I].

PUBLIC ACCOUNTS, 1 926-1 927.

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

11— B. 1 Pt. I] •

DRAINAGE ACCOUNT. 19 f- 1926 " EXPENDITURE. 1926-1927. Gross. Gross. £ s. d. Expenditure under Section 4 of the Swamp Drainage Aot, 1915, and Seotion 95 of the £ s. d. £ s. d. 47,023 14 11 Reserves and other Lands Disposal and Public Bodies Empowering Aot, 1916 .. .. 39,853 19 4 Expenditure under Section 2 of the Swamp Drainage Amendment Act, 1922, — 5 2 7 Administration expenses Finance Act, 1919, Section 4, — i Public Revenues Act, 1926, Section 139, — 9,378 IS 9 Interest recouped to the Consolidated Fund .. .. .. .. .. 10,000 0 0 5 15 11 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 7 12 8 Finance Act, 1926, Section 23 (4), — Recoupment of Stamp Duty on Transfers of New Zealand Consolidated Stock, 1944— Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 .. . . 14 2 0 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1944, — 43 15 0 Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46 .. Balance at end of Year, — 12,430 0 0 Cash in the Public Aocount .. .. .. .. .. .. 4,388 0 5 Imprests outstanding— 72 0 0 In the Dominion 4,388 0 5 12,502 6 0 £69,559 13 2 Totals .. .. .. .. .. .. .. £54,263 14 5 ACCOUNT. _ * ' " £ s. d. Annual Appropriation,— £ s. d. £ s. d. 0,982 9 6 Vote—War Expenses Amortization of Debt, — Transfer to Loans Redemption Aocount for Redemption and Cancellation, in terms of Seotion 24 of the Finance Act, 1921-22, of Securities as under— New Zealand Loans Act, 1908— New Zealand Inscribed Stock Aot, 1917 — 10 18 10 War Purposes Loan Act, 1917 ♦ New Zealand Loans Aot, 1908, — Charges and Expenses of raising Loans— 39 12 0 Finanoe Aot, 1918 (No. 2), Part IV (War Expenses), (Redemptions) .. 0 1 o Finance Aot, 1918, Seotion 10 (War Expenses), (Redemptions) 2Qi> g q \ War Purposes Loan Act, 1917 (Redemptions) 242 7 6 Finanoe Act, 1925, Seotion 13, Subsection (1), — Balance of aocount transferred to Loans Redemption Account for Reduction 33,199 14 11 of War Debt £40,441 10 9 Totals .. .. .. .. .. .. .. .. Note. In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [Pt. I].

PUBLIC ACCOUNTS, 1 926- 1 9 2 7.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

WESTPORT HARBOUR 1925-1926. RECEIPTS. 1926-1927. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 19,315 10 9 Cash in the Public Account.. .. .. .. .. .. .. 21,520 16 9 36,000 0 0 Investment Account .. .. .. .. .. .. .. 48,500 0 0 —— 70,020 16 9 55,315 10 9 Credits-in-aid,— 62 S 0 Vote—Weetport Harbour .. .. .. .. .. .. .. .. 70 6 6 Recoveries on account of Expenditure of previous Years .. .. .. .. 439 12 9 20,953 16 11 Wharfage .. .. .. .. .. .. .. .. .. .. 12,452 5 1 7,028 1 3 Special Coal Rate .. .. .. .. .. .. .. .. .. 18,571 11 1 5,368 11 7 Port Charges .. .. .. .. .. .. .. .. .. 7,854 5 3 18,372 15 7 Endowments .. .. .. .. .. .. .. .. .. 20,206 8 9 66 5 0 Renta •• •• •• •• •• •• •• •• •• 58 0 0 2 021 7 8 Interest on Securities held by Investment Account .. .. .. .. .. 2,634 8 11 3,109 1 1 Miscellaneous Receipts .. .. .. .. .. .. .. .. 1,404 4 3 £112,298 0 10 Totals .. .. .. .. .. .. .. £133,711 19 4 WORKING RAIL- £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. Cash in Public Account .. .. .. .. .. .. .. 614,528 13 4 Imprests outstanding— In the Dominion .. .. .. .. .. .. .. 20 4 4 In London .. .. .. .. .. .. .. ,. 8,601 9 7 Investment Aocount .. .. .. .. .. .. .. 175,000 0 0 j 798,150 7 3 574,793 8 1 Credits-in-aid,— Vote—Working Railways .. .. .. .. .. .. .. .. 982,015 15 2 a 7,872,512 9 1 Railway Revenue .. .. .. .. .. .. .. .. .. 7,793,108 11 0 Government Railways Amendment Aot, 1925, Section 4, — Transfers from Consolidated Fund— 473,392 6 0 Subsection 1 (a) (Liability of Consolidated Fund as at 1st April, 1925) Subseotion 1 (j) (Interest on Liability of Consolidated Fund from 1st April, 1,945 10 8 1925, to date of payment) 344,829 18 7 Subsection 1 (d) (Losses on Isolated Sections and Branch Lines) 820,167 15 3 Government Railways Act, 1926, Section 37 (1) (b), — Transfers from Consolidated FundLosses on Isolated Sections and Branch Lines .. .. .. .. .. 429,068 2 7 434 15 8 Interest on Securities held by Investment Acoount .. .. .. .. .. 15,301 8 4 £9,267,908 8 1 Totals .. .. .. .. .. .. .. £10,017,644 4 4 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 19 2 6-1927.

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

ACCOUNT. 1925-1926. EXPENDITURE. 1926-1927. Gross. Gross. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 18,559 2 11 Vote—Westport Harbour .. .. .. .. •• •• 19,981 5 0 Unauthorized Expenditure,— 10 19 6 Services not provided for .. .. .. .. .. •• •• 1,166 3 1 18,570 2 5 Westport Harbour Amendmeut Act, 1926, Section 4 (1), — Interest on Advances from Consolidated Fund in terms of Section 5a (2) of the Westport Harbour Act, 1920 .. .. .. •• •• •• •• 11,757 6 7 Public Revenues Act, 1926, Section 139, and Westport Harbour Amendment Act, 1926, Section 3, — Interest recouped to the Consolidated Fund .. .. .. 16,000 0 0 Sinking Fund recouped to the Consolidated Fund .. .. .. •• 3,000 0 Amortization of Debt, — Transfer to Loans Redemption Account for redemption and cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Securities as under— New Zealand Loans Act, 1908— 23,707 1 8 Westport Harbour Act, 1920, and Appropriation Act, 1919, Section 32 .. •• Balance at end of Year, — 21,520 16 9 Cash in the Publio Account .. .. •• •• •• 1®'™' f „ 48,500 0 0 Investment Acoount .. .. .. •• •• •• •• 66,000 0 0 70,020 16 9 • £112,298 0 10 Totals .. .. .. •• •• •• •• WA.YS ACCOUNT. £ s. d. Annual Appropriation,— I £ s. d. £ s. d. 6,555,591 1 1 Vote—Working Railways .. .. .. .. .. .. . 7,109,684 18 11 Unauthorized Expenditure,— 856 5 0 Services not provided for .. .. .. .. .. . 12 2 6 7,109,697 1 5 6,556,447 6 1 Government Railways Amendment Act, 1925, Section 5 (1) (a), — Government Railways Act, 1926, Seotion 38 (1) (a), — 1,913,310 14 9 Interest on capital money expended on Railways .. .. .. . .. 2,043,433 0 4 Balance at end of Year, — 614,528 13 4 Cash in the Public Acoount .. .. .. . ■ •• • 309,795 0 4 Imprests outstanding— 20 4 4 In the Dominion .. .. .. .. .. • • • 820 6 1 8,601 9 7 In London .. .. . •• •• • 53,898 16 2 175,000 0 0 Investment Account .. .. .. .. .. •• • 500,000 0 0 __J 864,514 2 7 798,150 7 3 £9,267,908 8 1 Totals .. .. .. .. •• •• £10,017,644 4 4 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

NEW ZEALAND 1925-1926. RECEIPTS. 1926-1927. £ s. d. Balance at beginning of Year,— £ o d c Q 6 Id 0 Cash in Deposit Account .. 475,985 0 0 Investment Account 475,991 14 0 £475,991 14 0 Totals .. 7 — I PUBLIC ACCOUNT CASH BALANCE £ s. d. Balance at end of Year, —- £ s. d. £ s. d. Cash in the Public Account .. .. .. .. .. .. .. Dr. 1,100,000 0 0 Totals .. .. .. .. .. .. .. £1,100,000 0 0 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1920) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

b.—i rp T . r

PUBLIC ACCOUNTS, 1926- 1 9 27.

for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

A. D. Park, F.I.A.N.Z. Examined and found correct. Acting Secretary to the Treasury. G. F. C. Campbell, Controller and Auditor-General. 31st May, 1927. G. C. Rodda, A.R.A.N.Z. Acting Accountant to the Treasury. The Treasury, Wellington, 31st May, 1927.

CONSOLS ACCOUNT. 1925-1926. EXPENDITURE. I926 " 1927 - Gross. Gross. £ s. d. Finance Act, 1925, Section 11, — £ s. d. £ s. d. 475,991 14 0 Balanoe of Account transferred to Consolidated Fund .. £475,991 14 0 Totals INVESTMENT ACCOUNT. £ s. d. Balance at end of Year,— £ s. d. £ s. d. Investment Account .. .. .. .. .. .. .. .. 1,100,000 0 0 Totals .. .. .. .. .. .. .. £1,100,000 0 0 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.

8.-I][Pt. I].

PUBLIC ACCOUNTS, 1926-1927.

SUMMARY of BALANCES on 31st MARCH, 1927.

H J 5 — Cash. Imprests. Investments. Total. * I Consolidated Fund :— £ s. d. £ s. d. £ s. d. £ s. d. 2 Ordinary Revenue Account .. 1,807,285 6 2 180,591 0 7 1,693,589 11 1 3,681,465 17 10 10 Nauru and Ocean Islands Acoount 50 7 10 .. 3,200 0 0 3,250 7 10 10 Nauru and Ocean Islands Sinking Fund Account .. .. 163 11 0 .. .. 163 11 0 . 10 Accounts of Local Bodies .. 9,573 2 1 .. .. 9,573 2 J 12 Deposit Accounts .. .. 32,125 3 0 8,241 7 ,,0 314,200 0 0 354,566 10 0 1,849,197 10 1 188,832 7 7 2,010,989 11 J 4,049,019 8 9 Public Works Fund :— 14 | General Purposes Account .. 222,820 4 10 71,566 14 9 545,000 0 0 839,386 19 7 18 | The Waihou and Ohinemuri Rivers Improvement Account.. 1,666 7 10 .. .. 1,666 7 10 20 I Electric Supply Account .. 44,866 5 8 79,324 4 9 150,000 0 0 274,190 10 5 20 j Electric Supply Sinking Fund Account .. .. .. 22 13 0 .. 38,640 0 0 38,662 13 0 269,375 11 4 150,890 19 6 733,640 0 0 1,153,906 10 10 36 Land for Settlements Account.. 21,515 2 4 837 13 0 141,100 0 0 163,452 15 4 38 Land for Settlements Account (Discharged Soldiers Settlement Account) .. .. .. 23,273 11 6 .. 95,000 0 0 118,273 11 6 40 Land fob. Settlements Account (Opening up Crown Lands for Settlement Account) .. .. 9,060 3 11 .. .. 9,060 3 11 53,848 17 9 837 13 0 236,100 0 0 290,786 10 9 22 Advances to other Governments Account .. .. .. 30,370 3 0 19,266 11 6 .. 49,636 14 6 24 Bank of New Zealand Shares Account .. .. .. .. .. 1,683,593 15 0 1,683,593 15 0 24 Cheviot Estate Account .. 12,878 7 6 .. 159,780 0 0 172,658 7 6 26 Conversion Account .. .. 31 5 2 .. -: .. 315 2 26 Deteriorated Lands Account .. 4,720 17 4 0 16 8 .. 4,721 14 0 26 Discharged Soldiers Settlement Account .. .. .. 224,482 2 10 7,404 4 8 467,383 13 3 699,270 0 9 30 Discharged Soldiers Settlement Loans Act 1920 Depreciation FUND ACCOUNT .. .. 59,316 8 7 .. 296,650 0 0 355,966 8 7 30 Education LOANS ACCOUNT .. 33,658 4 7 233 12 3 22,270 0 0 56,161 16 10 32 General Purposes Relief Account .. .. .. 5,962 16 1 .. 20,000 0 0 25,962 16 1 32 Hauraki Plains Settlement Ac-< ■ count ... .. .. 12,359 2 10 .. ..... .. . 12,359.2 10 34 Hunter Soldiers' Assistance .; Trust Account .. .. 684 8 11 .. 3,050 0 0 3,734 8 11 34 Hutt Valley Lands Settlement . : Account .. .. .. 27,170 11 5 .. ... . 27,170 11 5 34 Kauri-gum Industry Account .. 2,365 2 6 .. .. 2,365 2 6 36 Land Assurance Fund Account 4,652 2 9 .. 76,400 0 0 81,052 2 9 40 Loans Redemption Account .. 239 3 2 .. .. 239 3 2 54 Main Highways Account Revenue FUND .. .. .. 98,532 8 3 1,506 19 2 652,900 0 0 752,939 7 5 56 | Main Highways Account : Construction Fund .. .. 62,321 2 9 3,238 7 9 5,000 0 0 70,559 10 6 56 Mining Advances Account .. 6,612 4 8 .. 7,000 0 0 13,612 4 8 58 National Endowment Account .. 43,212 1 10 .. 86,100 0 0 129,312 1 10 58 I National Endowment Trust Account .. .. .. 5,448 13 8 .. 19,690 0 0 25,138 13 8 58 Native Land Settlement Account 21,895 9 2 2 0 0 92,500 0 0 114,397 9 2 62 j Public Debt Repayment Account 4,394 12 10 .. .. 4,394 12 10 62 Railways Improvement Authorization Act 1914 Account .. 27,176 9 4 228 1 5 375,250 0 0 402,654 10 9 64 Rangitaiki Land Drainage Account .. .. .. 4,839 4 4 .. 10,000 0 0 14,839 4 4 66 I Reserve Fund Account .. .. .. 2,000,000 0 0 2,000,000 0 0 66 State Advances Loan Account .. 2,241 5 0 .. 140 0 0 2,381 5 0 68 j State Coal-mines Account .. 9,404 4 4 .. 24,300 0 0 33,704 4 4 68 I State Coal-mines Sinking Fund ACCOUNT .. .. .. 4,565 6 10 .. 50,540 0 0 55,105 6 10 70 | State Forests Account .. 1,994 1 1 1,646 1 8 20,000 0 0 23,640 2 9 72 | Swamp Land Drainage Account. . 4,388 0 5 .. .. 4,388 0 5 74 ' Westport Harbour Account .. 15,807 4 8 .. 66,000 0 0 81,807 4 8 74 ; Workinb Railways Account .. 309,795 0 4 54,719 2 3 500,000 0 0 864,514 2 7 76 ! Public Account Cash Balance Investment Account .. .. Dr. 1,100,000 0 0 .. 1,100,000 0 0 Totals.. .. .. £2,113,940 5 4 £428,806 17 5£10,719,276 19 4 £13,262,024 2 1

B.—l [PT. 11.

PUBLIC ACCOUNTS, 1926-1 927.

SUMMARY showing NET EXPENDITURE for the Year ended 31st March, 1927, compared with that for the Year ended 31st March, 1926.

• „ Year ended Year ended o Expenditcre. Gebd1ts - 31st March, 1927. 31st March, 1926. p[; Net. Net. i Consolidated Fund : — Ordinary Revenue Account— £ s. d. £ s. d. £ s. d. | £ s. d. 2 Under Permanent Appropriations .. 16,488,003 17 0 2,223,059 1 4 14,264,944 15 8 13,586,927 11 7 4 Under Annual Appropriations.. .. 11,885,368 10 6 1,794,347 18 5 10,091,020 12 1 i 9,983,155 15 10 4 Miscellaneous .. .. .. 1,423,474 7 10 .. 1,423,474 7 10 , 2,916,469 11 6 10 Nauru and Ocean Islands Account .. 36,356 1 2 .. 36,356 1 2 76,357 3 5 10 Nauru and Ocean Islands Sinking Fund Account .. .. .. •• 8,300 0 0 .. 8,300 0 0 20,150 0 0 10 Accounts of Local Bodies .. .. 24,274 1 1 .. 24,274 1 1 22,556 0 9 12 Deposits Account 1,451,157 19 4 .. 1,451,157 19 4 1,762,061 6 8 Public Works Fund :— General Purposes Account- — 14 Under Annual Appropriations.. .. 4,542,573 19 0 709,888 18 8 3,832,685 0 4 4,318,404 6 0 14 Miscellaneous .. .. ■■ 755,893 7 7 .. 755,893 7 7 922,683 17 0 18 Waihou and Ohinemuri Rivers Improvement Account .. .. .. •• 72,096 15 11 2,818 14 1 69,278 1 10 | 50,772 10 2 20 Electric Supply Account .. .. 1,656,651 7 4 28,361 13 10 1,628,289 13 6 | 1,212,200 15 0 22 Advances to other Governments Account 272,195 6 0 .. 272,195 6 0 300,988 13 2 22 Bank oe New Zealand Acts Account .. 875,000 0 0 .. 875,000 0 0 24 Bank or New Zealand Shares Account .. 212,476 0 6 .. 212,476 0 6 24 Cheviot Estate Account .. .. 57,629 13 9 .. 57,629 13 9 45,375 15 5 26 Conversion Account .. .. .. •• •• 6,073 15 2 26 Deteriorated Lands Account .. .. 7,005 16 1 .. 7,005 16 1 272 9 11 26 Discharged Soldiers Settlement Account 1,083,716 8 11 9,926 0 7 1,073,790 8 4 1,665,118 5 2 30 Discharged Soldiers Settlement Loans Act 1920 Depreciation Fund Account 1,959 5 0 .. 1,959 5 0 38,564 7 6 30 Education Loans Account .. .. 555,251 16 6 4,298 5 10 550,953 10 8 564,949 11 10 32 General Purposes Relief Account .. 2,784 19 8 .. 2,784 19 8 2,922 4 0 32 Hauraki Plains Settlement Account .. 56,954 3 8 7,005 14 5 49,948 9 3 64,975 14 8 34 Howard Estate Account .. .. 239 13 11 .. • 239 13 11 242 10 11 34 Hunter Soldiers Assistance Trust Account .. .. •• 127 11 9 .. 127 11 9 127 1 2 34 Hutt Valley Lands Settlement Account 5,000 0 0 .. 5,000 0 0 34 Kauri-gum Industry Account .. .. 8,186 2 0 192 16 5 7,993 5 7 14,518 3 2 36 Land Assurance Fund Account .. 3,005 5 0 .. 3,005 5 0 10,120 13 3 36 Land for Settlements Account .. 571,692 0 9 13,292 19 1 558,399 1 8 484,669 15 5 38 Land eor Settlements Account : Discharged Soldiers Settlement Account 30,844 19 10 1,008 17 5 29,836 2 5 17,447 5 4 40 Land for Settlements Account : Opening up Crown Lands for Settlement Account 13,968 19 7 1,254 15 7 12,714 4 0 25,326 12 3 54 Main Highways Account: Revenue Fund 579,745 15 8 22,061 5 6 557,684 10 2 303,196 3 7 56 Main Highways Account : Construction Fund .. .. .. ■■ 604,570 7 5 54,921 8 1 549,648 19 4 472,456 7 1 56 Mining Advances Account .. .. 5,336 19 8 .. 5,336 19 8 58 National Endowment Account .. 152,279 7 10 .. 152,279 7 10 149,493 15 11 58 National Endowment Trust Account .. 106 15 10 .. 106 15 10 1,773 2 8 58 Native Land Settlement Account .. 118,118 2 0 567 4 10 117,550 17 2 172,648 17 3 76 New Zealand Consols Account .. .. .. .. 475,991 14 0 62 Public Debt Repayment Account .. 939,230 14 0 .. 939,230 14 0 870,637 13 6 62 Railways Improvement Authorization Act 1914 Account .. .. .. 1,157,906 19 1 197,167 0 7 960,739 18 6 839,582 8 0 64 Rangitaiki Land Drainage Account .. 14,174 12 5 3,351 8 2 10,823 4 3 25,982 11 8 66 Samoan Loan Suspense Account .. 21,000 0 0 .. 21,000 0 0 15,000 0 0 66 State Advances Loan Account .. 4,692,082 12 3 .. 4,692,082 12 3 4,570,177 7 7 68 State Coal-mines Account .. .. 288,376 8 1 1,468 19 9 286,907 8 4 239,192 9 2 70 State Forests Account .. .. 237,985 0 0 1,380 2 4 236,604 17 8 213,004 6 0 72 Swamp Land Drainage Account .. 49,875 14 0 416 11 9 49,459 2 3 56,407 12 7 72 War Expenses Account .. .. .. .. 34,078 11 4 74 Westport Harbour Account .. .. 51,904 14 8 70 6 6 51,834 8 2 42,214 16 1 74 WORKING Railways Account .. .. 9,153,130 1 9 982,015 15 2 8,171,114 6 7 7,894,964 12 9 Totals .. .. .. 60,168,012 14 4 6,058,875 18 4 54,109,136 16 0 |54,490,234 5 5 NOTE. THIS EXPLANATORY STATEMENT HAS NOT BEEN AUDITED.

B. —1 [PT. I].

STATEMENT OF NET ISSUES COMPARED WITH THE SUMS VOTED UNDER THE APPROPRIATION ACT, 1.926. PRESENTED UNDER SECTION 86 OF THE PUBLIC REVENUES ACT, 1926.

12— B. 1 [Pt. I].

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1 927

STATEMENT showing the NET ISSUES from the CONSOLIDATED FUND for the FINANCIAL YEAR ended 31st March, 1927, compared with the Sums voted under the Appropriation Act, 1926.

(Under Section 86 of the Public Revenues Act, 1926.) I p 1 j I jCRBDITS-lN-AlDj Credits-in-Aid S j < ~ ,REDITS " IN -< ID Net „ Amount ] Issued in I Oredits-in-Aid ; received in ! received o Expenditure. , voted and Expenditure. ' Unissued. Excess. voted. Excess of under the t> | received. , | I i Estimate.* j Estimate.! Ordinary Revenue Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. j £ s. d. £ s. d. £ s. d. £ s. d. 1 Legislative Departments .. .. .. 96,535 11 8 7,343 16 11 89,191 14 9 87,818 0 0 .. 11,373 14 9 8,613 0 0 .. 1,269 3 1 2 Prime Minister's Department .. .. 2,467 7 7 .. 2,467 7 7 2,890 0 0 422 12 5 3 Treasury Department .. .. .. 38,954 2 11 4,368 0 10 34,586 2 1 37,420 0 0 2,833 17 11, .. 4,753 0 0 .. 384 19 2 4 Land and Income, Tax Department .. .. 57,738 0 7 2,175 0 0 55,563 0 7 57,837 0 0 2,273 19 5 1 .. 2.175 0 0 101 12 10 5 Stamp Duties Department .. .. .. 113,494 1 7 12,138 6 4 101,355 15 3 99,055 0 0 .. 2,300 15 3 19,305 0 0 .. 7,166 13 8 6 National Provident and Friendly Societies De- 23,802 4 1 j 12 12 10 23,789 11 3 24,289 0 0 479 8 9 .. 25 0 0 .. 12 7 2 partment 7 Post and Telegraph -. 3,016,909 17 10 673,472 3 7 2,343.437 14 3 2,o06,0o2 0 0 162,614 5 9 .. i40, 100 0 0 .. 66,927 16 5 8 j Public Buildings . .. .. 201,057 17 8 76,700 0 0 124,357*17 8 138,217 0 0 13,859 2 4| .. 76,700 0 0 11,114 5 4 9 ■ Government and other Domains .. .. 6,884 2 6 .. 6,884 2 6 7,488 0 0 603 17 6 .. .. 25 0 0 10 1 Maintenance and Repairs to Roads .. .. 103.167 17 8 2,000 0 0 101,167 17 8 128,150 0 0 26,982 2 4 .. 2,000 0 0 957 4 2 11 ; Maintenance of Irrigation-works .. .. 8,088 3 1, 0 12 9 8,087 10 4 9,000 0 0 912 9 8 .. 100 0 0 .. 99 7 3 12 : Native Department •• ■■ 38,985 18 6 9,415 0 0 29,570 18 6 34,795 0 0 5,224 1 6 .. 9,415 0 0 1,166 11 1 13 1 Department of External Affairs .. •• 31,387 18 0 406 4 9 30,981 13 3 39,498 0 0 8,516 6 9, .. 500 0 0 .. 93 15 3 14 ! Cook Islands .. -. •• •• 50,323 4 2 11,100 0 0 39,223 4 2 43,719 0 0 4,495 15 10; .. 11,100 0 0, 1,167 0 10 15 Department of Industries and Commerce .. 52,698 6 8 3,918 2 5 48,780 4 3 50,775 0 0 1,994 15 9 .. 4,295 0 0 I .. 376 17 i 16 ! Department of Justice .. .. .. 149,318 9 2 11,060 0 0 138,258 9 2 142,418 0 0 4,159 10 10 j .. 11,060 0 0 2,776 15 6 17 Prisons Department .. .. .. 148.766 8 8 70,915 1 5 77,851 7 3 94,844 0 0 16,992 12 9 .. 71.200 0 0; .. 284 18 7 I 18 Crown Law Office .. •• • • 6,529 5 1 765 0 0 5,764 5 1 6,304 0 0 539 14 11 j .. j 765 0 0 71 10 11 19 Police Department . .. •• 417,790 9 6 5,810 0 0 411,980 9 6 422,367 0 0 10,386 10 6 .. 5,810 0 0 1,474 15 10 20 I Pensions Department .. .. •• 175,946 18 6 2,743 5 1 173,203 13 5 181,846 0 0 8,642 6 7, .. 2,832 0 0 .. 88 14 11 21 I Mines Department .. .. •• 46,703 16 3 1,440 0 0 45,263 16 3 55,977 0 0 10,713 3 9! .. 1,440 0 0 479 19 8 22 Department of Internal Affairs .. .. 470,477 13 3 67,623 3 10 402,854 9 5 366,830 0 0 .. ;36,024 9 5 67,714 0 0 .. 90 16 2 23 ! Audit Department .. .. .. 48,576 10 0 19,000 0 0 29,576 10 0 30,574 0 0, 997 10 0 .. 19,000 0 0} 3,770 4 3 24 Public Service Commissioner's Office.. .. 10,314 3 9 2,000 0 0 8,314 3 9 8,586 0 0 271 16 3 .. 2,000 0 0 ; 1,289 1 4 25 1 Printing and Stationery Department .. 233,204 11 7 .. i 233,204 11 7 241,920 0 0 8,715 8 5 .. j 9 6 Mental Hospitals Department .. .. 405,320 1 4 117,000 0 0 288,320 1 4 331,134 0 0 42,813 18 8 .. | 117,000 0 0 13,194 18 4 i 27 i Department of Health .. .. .. 355,226 14 2'i 93,720 0 0 261,506 14 2 281,027 0 0 19,520 5 10 .. 93,720 0 0 10,506 1 5 28 t Naval Defence .. .. •• 559,896 9 10; 30,667 0 0 529,229 9 10 545,526 0 0 16,296 10 2 .. 30,667 0 0 2,206 0 7 99 Defence Department .. .. .. 525,084 18 8 28,350 0 0 496,734 18 8 500,865 0 0 4,130 1 4 .. 28.350 0 0 3,462 5 5 i 30 ! Customs Department .. .. •• 172,878 6 li 1,600 0 0 171,278 6 1 173,001 0 0 1,722 13 11 .. ! 1,600 0 0 783 9 7 31 i Marine Department .. .. •• 133,667 4 1 7,326 0 0 126,341 4 1 128,561 0 0, 2,219 15 11 .. 7,326 0 0 524 2 7 32 ' Department of Labour .. .. .. 57,183 0 8l 1,000 0 0 56,183 0 8 55,086 0 0 .. 1,097 0 8 1,000 0 0 457 5 7 33 i Department of Lands and Survev .. .. 289,870 8 8 116,300 0 0 173,570 8 8 181,649 0 0 8,078 11 4 .. 116,300 0 0 4,207 7 4 34 Sceriery Preservation .. .. •• 3,891 8 3 50 0 0 3,841 8 3 12,747 0 0 8,905 11 9 .. 50 0 0 52 13 9 35 | Valuation Department .. .. •• 58,489 2 8 10,482 6 11 48,006 15 9 55,778 0 0 7,771 4 3 .. 11.795 0 0 .. 1,312 13 1 36 Electoral Department .. .. 10,530 1 3 50 0 0 10,480 1 3 6,579 0 0 .. 3,901 1 3 50 0 0 180 11 11 37 ! Department of Agriculture .. .. ; 414,365 10 8 89,340 0 0 325,025 10 8 369,080 0 0 44,054 9 4 .. 89,340 0 0 2,955 12 0 38 Department of Tourist and Health Resorts .. 78,357 11 0 766 0 0 77,591 11 0 76,870 0 0 .. 721 11 0 766 0 0 1,213 15 0 39 | Department of Education .. .. .. 13,224,790 11 0 239,260 0 0 2,985,530 11 0 2,986,020 0 Oj 489 9 0 .. 239,260 0 0 5,933 3 1 40 j Department of Scientific and Industrial Research 3,048 5 3 .. 3,048 5 3 6,115 0 0 ; 3,066 14 9 .. .. 1 4 1 .. : Services not provided for .. .. .. 31,509 19 11 3,596 1 10 27,913 18 1 .. .. 27,913 18 1 Total .. .. .. 11,874,232 13 9 1,723,913 19 6 10,150,318 14 3 10,528,687 0 0 451,700 16 2 73,332 10 5 1,798,426 0 0 70,072 12 5 78,108 2 4 Nauru and Ocean Islands Account. 41 Nauru and Ocean Islands .. .. .. 507 10 0 .. 507 10 0 1,000 0 0 492 10 0 I I I : * These credits have not been appropriated, and are not available for expenditure except under the provisions of section 51, subsection (3), of the Public Revenues Act, 1926. t These are the amounts shown in column 4 of the Schedule to the Appropriation Act, and are voted only to the extent to which they are actually received.

STATEMENT showing the NET ISSUES from the PUBLIC WORKS FUND for the FINANCIAL YEAR ended 31st March, 1927, compared with the Sums voted under the Appropriation Act, 1926.

B.— 1 [Pt. I

PUBLIC] ACCOUNTS, 1 926-1927.

(Under Section 86 of the Public Revenues Act, 1926.) rf i Crkdits-in-Aid • w a Credits- Crewts-zn-Aii. I Credits-in-Axd' & „„ . Net Amount Issued in „ received in ! received t? 1 1 J 1 ' VOTED AND EXPENDITURE. ' UNISSUED. EXCESS. ' ' EXCESS OF | UNDER THE > RECEIVED. VOTED. ESTIMATE.* ! ESTIMATE.f General Purposes Account. ! £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ £ s. d. £ s. d. 42 Public Works, Departmental .. 223,536 3 5 97,864 0 0 125,672 3 5 138,301 0 0 12,628 16 7 .. 97,864 10,228 11 11 43 Railway-construction .. .. 1,181,919 1 6 85,550 14 7 1,096,368 6 11 1,265,470 0 0 169,101 13 1 .. 151,000 .. 65,449 5 5 44 Additions to Open Lines .. .. 386,940 19 5 2,501 17 9 384,439 1 8 562,000 0 0 177,560 18 4 .. 25,000 .. 22,498 2 3 Public Buildings :— 45 General .. .. .. 120,419 14 10 300 0 0 120,119 14 10 173,000 0 0 52,880 5 2 .. 300 255 17 4 46 Courthouses .. .. .. 1,260 15 4 .. 1,260 15 4 8,000 0 0 6,739 4 8 .. 100 .. j 100 0 0 47 Prison Buildings and Works .. 23,974 0 1 1,000 0 0 22,974 0 1 31,600 0 0 8,625 19 11 .. 1,000 162 3 4 48 Police-stations .. .. .. 7,410 12 4 .. 7,410 12 4 14,000 0 0 6,589 7 8 .. 500 .. 500 0 0 49 Postal and Telegraph .. .. 87,148 3 10 500 0 0 86,648 3 10 137,000 0 0 50,351 16 2 .. 500 j 595 14 8 50 Agricultural .. .. .. 4,165 12 7 2 0 0 4,163.12 7 9,000 0 0 4,836 7 5 .. 100 .. 98 0 0 51 Mental Hospital Buildings .. 68,661 8 0 26 6 8 68,635 1 4 110,000 0 0 41,364 18 8 .. 1,000 .. 973 13 4 52 Health and Hospital Institutions .. 29,091 7 3 1,500 0 0 27,591 7 3 37,000 0 0 9,408 12 9 .. 1,500 11,751 2 0 53 Timber-supply and Sawmills, &c. .. 20,961 8 4 12,449 16 0 8,511 12 4 15,000 0 0 6,488 7 8 .. 20,000 i .. 7,550 4 0 54 Acquisition and Operation of Quarries 48,442 15 11 38,000 0 0 10,442 15 11 25,000 0 0 14,557 4 1 .. 38,000 4,140 18 8 55 Lighthouses .. .. .. 5,759 3 8 0 15 8 5,758 8 0' 13,000 0 0 7,241 12 0 .. 250 .. 249 4 4 56 Harbour-works .. .. .. 13,483 19 10 221 11 6 13,262 8 4 11,650 0 0 .. 1,612 8 4 250 .. | 28 8 6 57 Development of Tourist Resorts .. 32,629 11 0 ! 648 16 3 31,980 14 9 35,000 0 0 3,019 5 3 .. 2,000 .. 1,351 3 9 58 Department of Immigration .. 401,274 8 2 | 216,356 2 4 184,918 5 10 275,000 0 0 90,081 14 2 .. 296,712 .. 80,355 17 8 59 | Roads, &c. .. .. .. 612,695 16 9 1 34,700 0 0 577,995 16 9 657,350 0 0 79,354 3 3 .. 34,700 2,865 0 2 60 ! Roads on Goldfields .. .. 2,230 2 0 .. 2,230 2 0 4,600 0 0 2,369 18 0 .. 300 .. 300 0 0 61 | Telegraph Extension .. .. 662,642 13 1 104,601 7 5 558,041 5 8 765,000 0 0 206,958 14 4 .. 150,000 j .. 45,398 12 7 62 Contingent Defence .. .. 34,220 8 7 .. 34,220 8 7 50,000 0 0 15,779 11 5 .. .. 206 2 1 63 Lands, Miscellaneous .. .. 57,244 17 10 977 10 4 56,267 7 6 105,000 0 0 48,732 12 6 .. 8,000 .. 7,022 9 8 64 Irrigation, Water-supply, and Drainage 59,451 18 4 2,515 2 5 56,936 15 11 75,000 0 0 18,063 4 1 .. 4,000 .. 1,484 17 7 65 Plant, Material, and Stores .. 54,407 2 5 78,555 3 6 Or. 24,148 1 1 40,000 0 0 64,148 1 1 .. 125,000 .. 46,444 16 6 66 Transfer to Main Highways Account 400,000 0 0, .. 400,000 0 0 400,000 0 0 Construction Fund Services not provided for .. .. 2,601 14 6 1,412 4 1 1,189 10 5 .. .. 1,189 10 5 Total .. .. .. 4,542,573 19 0 679,683 8 6 3,862,890 10 6 4,956,971 0 0 1,096,882 8 3 2,80118 9 958.076 ; 30,205 10 2 279,804 15 7 Electric Supply Account. 67 Development of Water-power .. 1,158,329 0 8; 28,316 2 0 1,130,012 18 8 1,371,000 0 0 240,987 1 4 .. 40,000 .. 11,683 18 ol .; Services not provided for .. .. 45 11 10 45 11 10 .. .. .. .. ... * These credits hayr not been appropriated, nnrl are not available for expenditure except under the provisions of section 51, subsection (3), of tlie Public Revenues Act, 1926. t These are the amounts shown in column 4 of the Schedule to the Appropriation Act, and are voted only to the extent to which they are actually received.

B.—l FPT. 11.

PUB J, 10 ACCOUNTS, 1926-1927

STATEMENT showing the NET ISSUES from SEPARATE ACCOUNTS for the FINANCIAL YEAR ended 31st March, 1927, compared with the Sums voted under the Appropriation Act, 1926.

(Under Section 86 of the Public Revenues Act, 1926.) i i ; Credits -in- Aid Credits-in- Aid Credits- in- Aid Nj , t I Amount Issued in Credits- in- Aid! received received Expenditure. voted and Expenditure. oted. , Unissued. Excess. voted. in Excess of under the o received. i Estimate.* Estimate,! 1 ; I I I 1 1 Discharged Soldiers Settlement Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 68 Expenses of Management .. .. .. 41,163 5 1 1 5 0 41,162 0 1 41,175 0 0 12 19 11 .. j 25 0 0 .. 23 15 0 Land for Settlements Account. ; . I 69 Land for Settlements Expenses .. .. 3,127 17 4 22 17 8 3,104 19 8 4,786 0 0 1,681 0 4 .. 50 0 0 .. : 2/ - 4 Services not provided for .. .. .. 45 0 0 .. 45 0 0 .. .. 45 0 0 .. ■ - J Land for Settlements Account. Discharged Soldiers Settlement Account. 70 Land for Settlement of Discharged Soldiers: Expenses .. .. .. .. 2,658 1 1 .. 2,658 1 1 j 5,408 0 0 2,749 18 11 .. 693 0 0 .. j 693 0 0 Land for Settlements Account. Opening up Crown Land for Settlements Account. 71 Opening up Land for Settlements .. .. 13,968 19 7 1,050 0 0 12,918 19 7 41,500 0 0 28,581 0 5 .. 1,050 0 0 ; 204 15 7 Main Highways Account. Main Highways Revenue Fund. i 72 Maintenance of Main Highways .. .. 551,490 15 9 10,000 0 0 541,490 15 9 646,500 0 0 105,009 4 3 .. 10,000 0 0 12,061 o 6 Main Highways Account. j Main Highways Construction Fund. \ ! 73 Mam Highways .. .. .. 604,570 7 5 40,000 0 0 564,570 7 5 555,000 0 0 .. f 9,570 7 5 40,000 0 0 14,921 8 1 Native Land Settlement Account. 74 Native Land Purchase Expenses .. .. 3,657 9 10 .. 3,657 9 10 4,705 0 0 1,047 10 2 .. .. 142 6 4 State Coal Mines Account. j ■ ! ] 75 State Coal-mines .. .. .. .. 274,529 11 0 1,468 19 9 273,060 11 3 275,661 0 0 2,600 8 9 .. 5,300 0 0 .. 3,831 0 3 Services not provided for .. .. .. 110 0 0 .. 110 0 0 .. .. 110 0 0 State Eorests Account. j 76 State Forests Service .. .. .. 193,038 1 6 1,006 0 0 192,032 1 6 240,665 0 0 48,632 18 6 .. 1,006 0 0 221 14 11 Services not provided for .. .. .. 210 12 5 152 7 5 58 5 0 .. .. 58 5 0 Westport Harbour Account. ] 77 Westport Harbour .. 19,981 5 0 70 0 0 19,911 5 0 20,149 0 0 237 15 0 .. 70 0 0 0 6 6 Services not provided for .. -• .. 1,166 3 1 .. 1,166 3 1 .. .. 1,166 3 1 Working Railways Account. ; 78 Working Railways .. .. .. 7,109,684 18 11 700,000 0 0 6,409,684 18 11 6,477,085 0 0 67,400 1 1 .. 700,000 0 0 282,015 15 2 i .. Services not provided for .. .. ■ • 12 2 6 .. 12 2 6 .. .. 12 2 6 4 ! ! ! 1 * These credits have not been appropriated, and are not available for expenditure except under the provisions of section 51, subsection (3), of the Public Revenues Act, 1926. t Excess credits to the amount of £9,570 7s. 5d. were made available in accordance with section 51, subsection (3) of the Public Revenues Act, 1926. t These are the amounts shown in column 4 of the Schedule to theAppropriation Act, and are voted only to the extent to which they are actually received.

B.—l [Pt. 11.

PUBLIC ACCOUNTS, 1 9 26- 192 7.

STATEMENT showing the NET ISSUES from ACCOUNTS OUTSIDE THE PUBLIC ACCOUNT for the FINANCIAL YEAR ended 31st March, 1927, compared with the Amounts voted under the Appropriation Act, 1926.

Examined and found correct. R. E. Hayes, G. E. C. Campbell, Secretary to the Treasury. Controller and Auditor-General. A D p ABK F j a N X 6th July, 1927. Accountant to the Treasury. The Treasury, 6th July, 1927.

(Under Section 86 of the Public Revenues Act, 1926.) I In a ! Credits-in-Aio Credits-in-h uredits-in- id Net „ Amount Issued in Credits-in- received Aid received S ~it IBE ' Expenditure. e ' unissued. Excess. Aid voted. in Excess oe under the _ received. ill! | Estimate.* Estimate^ Public Trustee's Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ 3. d. 79 Public Trust Office .. .. .. .. 227,916 16 0 .. 227,916 16 0 241,880 0 0 13,963 4 0 Native Trustee's Account. SO Native Trust Office .. .. .. .. 11,757 16 11 .. 11,757 16 11 13,954 0 0 2,196 3 1.. Government Insurance Account. 81 Government Insurance .. .. .. .. 99,702 3 2 1,095 9 9 98,606 13 5 106,739 0 0 8,132 6 7 .. 2,300 0 0 .. 1,204 10 3 Public Service Superannuation Eund Account. 82 Public Service Superannuation Fund Office .. .. 7,655 16 0 .. 7,655 16 0 8,094 0 0 438 4 0 State Eire Insubance Account, 83 State Eire Insurance .. .. .. .. 34,733 3 2 6,550 0 0 28,183 3 2 38,624 0 0 10,440 16 10 .. 6,550 0 0 721 19 3 Government Accident Insurance Account. 84 Government Accident Insurance .. .. .. 15,448 9 7 .. 15,448 9 7 16,700 0 0 1,251 10 5 State Advances Account. 85 State Advances .. .. .. .. .. 73,519 0 0 19,969 4 10 53,549 15 2 57,166 0 0 3,616 4 10 . 20,715 0 0 745 15 2 .. ! Services not provided for .. .. .. .. 190 0 0 .. 190 0 0 .. .. 190 0 0 — 1 | i * These credits have not been appropriated, and are not available for expenditure except under the provisions of section 51 subsection (3), of the Public Revenues Act, 1926. t These are the amounts shown in column 4 of the Schedule to tne Appropriation Act, and are voted only to the extent to which they are actually received.

B.—l [Pt. I|.

STATEMENT OF DISBURSEMENTS UNDER THE CIVIL LIST ACT, 1990. PRESENTED IN TERMS OF SECTION 65 OF THE CONSTITUTION ACT, 1852.

B — 1 [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND (Ordinary Revenue Account) for the Financial Year ended 31st March, 1927, under the Civil List Act, 1920, Parts I, II, and V.

(Presented in terms of Section 65 of the Constitution Act, 1852.) CIVIL LIST. £ s. d. £ s. d. £ s. d. J PART I. His Excellency the Governor-General General Sir Charles Fergusson, Baronet, LL.D., G.C.M.G., K.C.B., D.S.O., M.V.O. — Salary, 1st April, 1926, to 31st March, 1927 .. .. .. j 5,000 0 0 Allowance, 1st April, 1926, to 31st March, 1927 .. .. j 2,500 0 0 7,500 0 0 PART II. Establishment of the General Government : — The Prime Minister, Minister of Railways, Minister of Native Affairs, Minister in Charge of Public Trust and Native Trust Departments,— Right Hon. J. G. Coates, P.C.— Salary, 1st April, 1926, to 31st March, 1927 .. .. 1,800 0 0 i Attorney-General, Minister of External Affairs, Leader of the Legislative Council, and Member of the Executive Council without portfolio,— Right Hon. Sir Francis Bell, P.C., G.C.M.G., K.C.— Salary, 1st April, 1926, to 24th May, 1926 .. 172 19 8 House allowance, 1st April, 1926, to 31st March, 1927 200 0 0 372 19 8 Minister of Finance, Minister of Stamp Duties, Minister of Customs, Minister in Charge of Land and Income Tax and State Advances Departments,— Hon. W. Downie Stewart — Salary, 1st April, 1926, to 31st March, 1927 .. 1,170 0 0 House allowance, 1st April, 1926, to 26th June, 1926 47 15 7 1,217 15 7 Postmaster-General, Minister of Telegraphs, Minister of External Affairs, Minister of Immigration, Minister in Charge of Legislative, Tourist and Health Resorts, Government Life, State Fire, and Public Service Superannuation Departments, — Hon. W. Nosworthy— Salary, 1st April, 1926, to 31st March, 1927 .. 1,170 0 0 House allowance, 1st April, 1926, to 31st March, 1927 200 0 0 1,370 0 0 Minister of Labour, Minister of Mines, Minister of Marine, Minister in Charge of Pensions, Minister in Charge of Printing and Stationery, Publicity, and Inspection of Machinery Departments,— Hon. G. J. Anderson — Salary, 1st April, 1926, to 31st March, 1927 .. 1,170 0 0 House allowance, 1st April, 1926, to 31st March, 1927 200 0 0 1,370 0 0 Member of the Executive Council without portfolio, and Leader of the Legislative Council, — Hon. Sir R. Heaton Rhodes— House allowance, 1st April, 1926, to 31st March, 1927 .. 200 0 0 Member of Executive Council, — Hon. D. H. Guthrie — House allowance, 1st April, 1926, to 31st March, 1927 .. 200 0 0 Minister of Lands, Minister of Industries and Commerce, Minister in Charge of Electoral, Valuation, Land for Settlements, Discharged Soldiers' Settlement, and Scenery Preservation Departments,— Hon. A. D. McLeod — Salary, 1st April, 1926, to 3lst March, 1927 .. 1 ,170 0 0 House allowance, 1st April, 1926, to 31st March, 1927 200 0 0 1,370 0 0 Minister for Cook Islands and Member of the Executive Council representing the Native race, — Hon. Sir M. Pomare — Salary, 1st April, 1926, to 31st March, 1927 .. j *990 0 0 House allowance, 1st April, 1926, to 31st March, 1927 I 200 0 0 1,190 0 0 Carried forward .. .. .. I 9,090 15 3 7,500 0 0 _ _ _ * £216 5s. 10(1. also paid and charged to "Special Acts." Appropriation Act, 1926, Section 21 (2).

B.—l [PT. 11.

PUBLIC ACCOUNTS, 1926.-1927.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND —continued.

R. B. Hayes, Examined and found correct. Secretary to the Treasury. G. F. C. Campbell, Controller and Auditor-General. A. D. Pabk, F.1.A.N.Z., 6th July, 1927. Accountant to the Treasury. The Treasury, Wellington, sth July, 1927.

13— B. 1 [PT. 11.

£ s. d. i £ s. d. £ s- d. Brought forwaid .. .. .. 9,090 15 3 7,500 0 0 PART II—continued. . Estabushment of the General Govebnment—continued. Minister of Internal Affairs, Minister in Charge of High Commissioner's Office, Audit, Museum, RegistrarGeneral's, Statistician's, Laboratory, and Advertising Departments,— Hon. R. F. Bollard— Salary, 1st April, 1926, to 31st March, 1927 .. 1,170 0 0 House allowance, 1st to 8th April, 1926.. .. 4 8 11 1,174 8 11 Minister of Agriculture, Commissioner of State Forests, — Hon. O. J. Hawken— Salary, 1st April, 1926, to 31st March, 1927 .. 1,170 0 0 House allowance, 1st April, 1926, to 11th June, 1926 39 8 11 ; 1,209 8 11 Attorney-General, Minister of Justice, Minister of Defence, Minister in Charge of Police, Prisons, and War Pensions Departments,— Hon. F. J. Rolleston — Salary, 1st April, 1926, to 31st March, 1927 .. 1,170 0 0 House allowance, 1st April, 1926, to 31st March, 1927 200 0 0 ! 1,370 0 0 Minister of Health, Minister in Charge of Mental Hospitals Department,— Hon. J. A. Young— Salary, 1st April, 1926, to 31st March, 1927 .. 1,170 0 0 House allowance, 1st April, 1926, to 31st March, 1927 200 0 0 1 1,370 0 0 | Minister of Education, Minister in Charge of Friendly Societies and National Provident Fund Departments,— Hon. R. A. Weight— Salary, 24th May, 1926, to 31st March, 1927 .. 1,000 3 3 House allowance, 24th May, 1926, to 31st March, 1927 170 19 4 1 1,171 2 7 Minister of Public Works, Minister in Charge of Roads and Public Buildings,— Hon. K. S. WilliamsSalary, 12th June, 1926, to 31st March, 1927 .. 939 5 0 House allowance, 12th June, 1926, to 31st March, 1927 .. .. .. .. .. 160 11 1 ■ 1,099 16 1 Minister of Education, Minister of Justice, and Minister in Charge of Police and Prisons Departments, PostmasterGeneral and Minister of Telegraphs, —■ Hon. Sir C. J. Parr, K.C.M.G.— Salary, 1st to 24th April, 1926 .. .. .. 78 0 0 16,563 11 9 PART V. Native :— Contribution to the Maori Ethnological Research Fund .. .. 250 0 0 Transfer to Vote Health, being Civil List contribution towards Maori medical services .. .. .. .. 3,600 0 0 Medical services rendered to Natives .. .. .. .. 2 15 3 Food-supplies .. .. .. .. .. .. 2,949 18 4 Native Hostel, New Plymouth : Porcelain bath .. .. 10 10 0 Pedigree Shorthorn bull for Maori suppliers to the Oruru Dairy Factory ;. .. .. .. .. .. 17 12 5 Waipapa and Maniaroa water-supply .. .. .. .. 7156 Matakotako water-supply .. .. .. .. .. 1700 Subsidy towards Tahuwhakatiki water-supply .. .. .. 10 15 8 Contingencies .. .. .. .. .. .. 60 19 1 — 6,990 16 3 Total .. .. .. .. .. .. £31,054 8 0

B.—i ih.ii

UNAUTHORIZED EXPENDITURE ACCOUNT PRESENTED UNDER SECTION 58 OF THE PUBLIC REVENUES ACT, 1926.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1 9 2 7.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT for the FINANCIAL YEAR ended 31st March, 1927.

(Undue Section 58 of the Poblio Revenues Act, 1926.) CONSOLIDATED FUND. Ordinary Revenue Account, FOR SERVICES NOT PROVIDED FOR. £ s. d. £ a d. £ s. d. £ s. d. Treasury Department— Expenses of members of Local Government Loans Board, preliminary meeting .. .. .. .. 53 19 0 Grant for travelling-expenses of the Secretary of the Treasury visiting Great Britain on official business .. 750 0 0 — 803 19 0 National Provident and Friendly Societies Department—• Payment to friendly societies of one-half cost of excess sickness of discharged soldier members of friendly societies, to 1st December, 1924 .. .. .. . . 1,437 0 0 Land and Deeds Department— Grant to A. V. Sturtevant, equivalent to six months' salary in lieu of leave on retirement in terms of Public Service Regulations .. .. .. .. .. 382 10 0 Stamp Department— Grant to W. G. Fletcher, equivalent to six months' salary in lieu of leave on retirement, in terms of Public Service Regulations .. .. .. .. .. .. 307 3 0 0 Post and Telegraph Department— Compensation to William McKay for injuries sustained through falling over telegraph-pole lying on side of road 85 16 2 Cost of chartering the Pacific Cable Board's cable-ship " Iris " to effect repairs to the Cook Strait cable .. j 7,020 0 0 Compassionate allowance to widow of the late A. P. Polkinhorne, who died whilst still an employee of the Department .. .. .. .. . . 1,050 0 0 Compensation and funeral expenses to widow of the late S. J. Rutledge, chafieur, Post and Telegraph ; Department, Christchurch, who died from injuries sustained whilst on duty .. .. .. 1,060 0 0 Compensation to R. J. Henderson, telegraph-messenger, injured whilst on duty .. .. .. .. 84 5 0 Grant to A. T. Markman, late Secretary, Post and Telegraph Department, equivalent to six months' salary in lieu of leave on retirement .. .. .. 650 0 0 9,940 1 2 Public Works Department— Interest on balance of purchase-money for new offices for High Commissioner, Strand, W.C., London.. .. .. 1,689 14 8 Native Department— Purchaso of all right, estate, and interest of Mr. H. Shaw, Whakarewarewa, in respect of a lease over part of Thermal Springs Reserve, Whakarewarewa, and all buildings erected thereon .. .. .. .. 1,150 0 0 Industries and Commerce Department— Expenses of judicial inquiry into Proprietary Articles Trade Association .. .. .. .. .. 252 4 1 Justice Department— Grant to H. Y. Widdowson, senior Stipendiary Magistrate, Christchurch, equivalent to three months' salary in lieu of leave on retirement .. .. .. 250 0 0 Grant to E. W. Cave, Registrar, Supreme Court, Dunedin, equivalent to three months' salary in lieu of leave on retirement .. .. .. .. • • 166 5 0 416 5 0 Cook Islands Department— Grant to the Cook Islands Administration —reimbursement of expenditure incurred in repairing damage caused by storm .. .. .. • ■ 1,000 0 0 Salary of W. H. Simister, Inspector of Police, Raratonga, granted four months' leave on full pay .. .. 89 I 1 8 1,089 11 8 Prisons Department — Reimbursement of various accounts for amounts stolen by E. Rose, Clerk, Terrace Prison, Wellington .. .. 99 4 9 Police Department— Legal expenses incurred by Constable G. Macartney in defending a charge of perjury which was dismissed .. .. 42 0 0 | Carried forward .. .. •• 17,610 0 4

B.—l [PT. I],

PUBLIC ACCOUNTS, 1926-1927

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

CONSOLIDATED FUND —continued. Ordinary Revenue Account— continued. FOR SERVICES NOT PROVIDED FOR —continued. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward.. .. .. .. 17,610 0 4 Pensions Department— Payment to widow of J. A. Spiers, being pension accrued to date of his death (miner's pension No. 1101) .. 4 3 2 Compassionate allowance to Frank Kow Kee in lieu of old-age pension .. .. .. . . 22 15 0 Instalment of compassionate allowance of £1 per week, granted to W. P. Newman for disabilities arising out of war service .. .. .. .. .. 468 31 4 10 Mines Department— Cost of removing offices, bells, &c., from Maritime Buildings to Public Works old workshop buildings . . 75 6 5 Grant towards cost of enabling old miners to attend the Buller Diamond Jubilee .. . . .. .. 100 0 0 175 6 5 Internal Affairs Department— Compassionate allowance to widow of the late S. J. Jones, late messenger, Internal Affairs Department .. 62 10 0 Expenses in connection with the visit of the Hon. the Minister of Customs to America .. .. .. 128 6 10 Expenses in connection with town-planning legislation.. 544 8 11 Grant towards cost of returning the Maori football team to New Zealand via Canada .. .. ■ ■ 1,000 0 0 Grant to the New Zealand Astronomical Society to subsidize a similar amount voted by that society for observations at Russell of the eclipse of the sun, 4th January, 1927 .. .. .. .. .. 10 0 0 Payment to the Public Trustee for payment to the widow of the late L. A. Tall, chimney-sweep and labourer, in accordance with section 38 of the Workers' Compensation Act, 1922 .. .. .. .. 720 0 0 Payments to the Board of Maori Arts under Maori Arts and Crafts Act, 1926, section 7(a).. .. .. 300 0 0 Travelling-expenses in connection with conference of Museums representatives .. .. .. 39 10 9 2,804 16 6 Printing and Stationery Department — Grant to W. Sutherland, equivalent to three months' salary, in lieu of leave of absence on retirement in terms of Public Service Regulations .. .. ! 06 5 0 Salary of A. Osborne while on leave of absence from 1st April to 14th June, 1927 .. .. .. 60 0 0 166 5 0 Mental Hospitals Department— Compassionate allowance, salary, and expenses of illness whilst on duty, granted to Miss M. Doyle, ex-nurse, Hokitika Mental Hospital .. .. .. 162 0 6 Compassionate allowance to widow of the late William Suttie, bricklayer, Christchurch Mental Hospital .. 65 0 0 Compensation in respect of pigs sold by Porirua Mental Hospital .. .. .. .. . • 16 16 0 Expenses of Dr. T. G. Gray, Deputy Inspector-General, in connection with visit abroad .. .. .. 222 19 2 Grant to Dr. R. M. Beattie, Medical Superintendent of Takanui Mental Hospital, equivalent to one year's salary, on retirement .. .. .. .. 1,001 0 0 Payment to executor in estate of R. M. Brown, late attendant, Hokitika Mental Hospital, being salary in lieu of leave due to the deceased .. .. .. 14 2 8 1,481 18 4 Health Department— Compassionate allowance to widow of the late P. Larsen, chef, King George V Hospital, Rotorua .. .. 75 0 0 Cost of purchasing two first-class railway tourist tickets for two Sisters from the Makogai Leper Station on leave in New Zealand .. .. .. .. 20 0 0 Expenses of Dr. M. H. Watt, Deputy Director-General of Health, in attending Medical Conference, Melbourne . . 75 12 11 Expenses of Misc J. B. N. Paterson investigating maternity and child-welfare methods in Denmark, Holland, and Great Britain .. .. . . 294 19 8 Expenses of Dr. Helen Bakewell in connection with attending the Congress of the Royal Institute of Public Health, Bristol, May, 1926 .. .. . . 8 2-6 Grant to Auckland Hospital Board on account of special unemployment relief .. .. .. .. 1,908 3 1 Carried forward .. .. .. 2,381 18 2 22,269 11 5 j

B.—l [Pt. I].

PUBLIC ACCOUNTS, 1926-1 92 7.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

I ~~j CONSOLIDATED FUND —continued. Ordinary Revenue Account—continued. FOR SERVICES NOT PROVIDED FOR—continued. £ s. d. £ s. d. £ s. d. I £ s . d. Brought forward .. .. 2,381 18 2 22,269 11 5 Health Department—continued. Grant to Buller Hospital Board oil account of special destitution relief arising out of Buller River floods .. 150 0 0 Grant in connection with the publication of the book ontitled " New Zealand To-day " .. .. .. 50 0 0 Grant for immediate relief of distress that occurred amongst the miners and their families at Kaitangata.. 100 0 0 Locomotion expenses of Stores officers of Auckland, North Canterbury, and Otago Hospital Boards attending Conference held in Wellington regarding standardization of stores .. .. .. 14 2 8 Payment to Kodak Ltd., London, for preparing Ivaritane Hospital photographs for exhibition at tho Fourth British-speaking Conference on Child Welfare .. 3 17 0 2,699 17 10 Defence Department— Difference between N.Z. Expeditionary £ s. d. Force and naval rates of pay and gratuity for services during the war .. 150 19 6 Less overpayment of allotment to Mrs. G. Atwood, paid by Treasury on behalf of Admiralty .. .. .. 65 0 0 | 85 19 6 Grant to Colonel H. J. McLean, equivalent to pay for j period of leave on account of service while employed as a whole-time Medical Officer with Defence Department 51 15 10 Payment to M. Walsh, No. 12/3436, of war gratuity for period of overseas service with the N.Z. Expeditionary Force .. .. .. .. .. .. 37 17 4 Pay for special leave granted to Private A. M. Holmes on retirement from the N.Z. Permanent Army Service Corps (Temp.) .. .. .. .. .. 2 2 0 Payment to Major P. B. Henderson for leave due on retirement .. .. .. .. .. 193 8 6 371 3 2 Customs Department— Compassionate allowance to mother of the late L. J. Nutting, Examining Officer, Napier .. .. 200 0 0 Refund of fines imposed on seamen of the "Manuka" for petty smuggling under section 245 of the Customs Act, 1913 .. .. .. .. .. j 400 Travelling expenses and allowances on account of the Customs Tariff Commission .. .. .. 512 14 11 716 14 11 Marine Department— Expenses incurred rescuing s.s. " Awarua " .. .. 88 9 3 Grant to W. J. Ross, principal lightkeeper, Stephen's Island, equivalent to three months' salary on retirement .. .. .. .. .. .. 61 6 2 Loan to J. O. Taylor for the purpose of establishing a school for wireless operators at Auckland .. .. 200 0 0 349 15 5 Lands and Survey Department— Compassionate allowance to widow of the late J. H. W. Parsons, draughtsman, Lands and Survey Department, Auckland .. .. .. . ■ .. 84 0 0 Subsidy in connection with river-protection works, Oreti River, Section 103, Block VIII, Taringatura Survey District .. .. .. .. .. 40 0 0 124 0 0 Agriculture Department— Compassionate allowance to widow of the late Hubert Crockett, Inspector of Stock .. .. .. 150 0 0 Payment to A. R. Stone of salary from 1st to 24th April, 1927, granted six months' leave on retirement dating from 25th October, 1926, in terms of Public Service Regulations .. .. .. .. .. 34 6 8 Payment to W. J. Walter of salary, 1st to 30th April, in lieu of leave on retirement in terms of Public Service Regulations .. .. .. .. .. 28 6 8 Travelling-expenses, A. H. Cockayne, Director of Fields Division, in Australia .. .. .. .. 130 10 0 Travelling expenses and allowance of T. H. Patterson, Instructor of Agriculture, in Australia .. .. 14 14 9 — 357 18 1 Carried forward .. .. .. .. 26,889 0 10

B.—l [PT. I]

PUBLIC ACCOUNTS, 1926-192 7.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

CONSOLIDATED FUND —continued. Ordinary Revenue Account—continued. FOR SERVICES NOT PROVIDED FOR—continued. £ s. d. f s. d. £ g. d. £ s. d. Brought forward .. .. .. 26,889 0 10 Education Department— Expenses of investigation by Mr. M. R. O'Shea of the matter of University finance in connection with the conduct of the arts courses by the four University colleges 55 0 0 Grant to Otago Education Board towards the cost of providing a midday meal for the children of the Kaitangata School .. .. .. .. .. 50 0 0 Grant to J. Caughley, equivalent to six months' salary in lieu of leave on retirement in terms of Public Service Regulations .. • .. .. .. 625 0 0 Passage-money of T. V. Griffiths, Lecturer in Music at Christchurch Teachers' Training College .. .. 50 0 0 Passage-money from England of Dr. C. S. Slocombe and of Mr. H. Hollingrake, appointed to the staff of the Auckland Training College .. .. .. 164 0 0 944 o 0 Scientific and Industrial Research Department— Expenses of visit of Dr. E. Marsden to Australia .. .. 80 17 3 27,913, 18 1 FOR SERVICES IN EXCESS OF VOTES. Vote 1—Legislative Departments .. .. .. j .. j 1,373 14 9 Vote 5—Stamp Duties .Department .. .. .. .. { 2,300 15 3 '' Vote 22—Department of Internal Affairs .. .. .. J 36,024 9 5 Vote 32 —Department of Labour .. .. .. J .. | 1,097 0 8 Vote 36 —Electoral Department .. .. .. I .. j 3,901 1 3 Vote 38 —Department of Tourist and Health Resorts .. .. j 721 11 0 45,418 12 4 73,332 10 5 PUBLIC WORKS FUND. General Purposes Account. FOR SERVICES NOT PROVIDED FOR. Compensation payable to W. A. Kenning under section 3, Public Works Act, 1925, for depreciation on value of two motor-trucks .. .. .. .. .. .. 746 16 11 Compensation for loss of personal property and effects damaged and swept away by floods at Greymouth .. 1 . . 355 16 3 Grant towards travelling-expenses of Record Clerk G. F. Jackson while in Australia .. .. .. .. .. 2100 Refund to Murehison County Council of excess amount collected by Treasury on payment of that County's contribution towards repairs to Tiraumea River Bridge and erection of Matakitaki Gorge Bridge .. .. .. 20 8 8 Salarr of R. C. Wilson, overseer, for period 1st to 23rd April, 1927, granted leave on retirement .. .. .. .. 22 0 10 Salary of Miss D. A. Marker for period 1st to 14th April, 1927, granted leave on retirement .. .. .. .. 7195 Salary of Miss A. M. G. Friis for period 1st to 30th April, 1927, granted leave on retirement. .. .. .. .. 1584 — 1,189 10 5 FOR SERVICES IN EXCESS OF VOTES. Vote 56—Harbour-works .. .. .. .. [ •• .. 1,612 8 4 2,801 18 9 SEPARATE ACCOUNTS. Land for Settlements Account. FOR SERVICES NOT PROVIDED FOR. Cost of providing water-pipe line, &c., Hatuma Settlement . . . . ,. 45 0 0 State Forests Account. FOR SERVICES NOT PROVIDED FOR. Proportion of cost of railway-tickets issued to Dr. and Mrs. E. du Reitz during their tour of the Dominion .. .. .. 56 5 0 Rebate on account of rent for grazing-rights, parts Sections 6 and 7, Pekapekarau Provisional State Forest .. .. .. 2 0 0 58 5 0 Carried forward .. .. .. 76,237 14 2

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 926-1 927.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

Surplus Credits-in-Aid applied in Terms of Section 51, Subsection (3), of the Public Revenues Act, 1926.

SUMMARY.

R. E. Hayes, Secretary to the Treasury. A. D. Park, F.1.A.N.Z., Accountant to the Treasury. Examined and found correct. The Treasury, Wellington, sth July, 1927. G. F. C. Campbell, Controller and Auditor-General, 6th July, 1927.

£ s. d. £ s. d. £ s. d. £ s. d. Brought forward.. .. .. .. .. .. .. 76,237 14 2 SEPARATE ACCOUNTS- continued. State Coal-mines Account. FOR SERVICES NOT PROVIDED FOR. Grant in connection with street-lighting, Township of Runanga .. .. .. .. .. .. .. 80 0 0 Half-cost of repairs to Runanga Domain .. .. .. .. 30 0 0 110 0 0 Westport Harbour Account. FOR SERVICES NOT PROVIDED FOR. Expenses in connection with protective works as a result of abnormal floods from Buller River .. .. .. .. j .. 1,039 5 0 Proportionate amount of subsidy due to the Public Service Superannuation Fund in respect of officers of the Westport Harbour for the year ended 31st March, 1927 .. .. ! .. 126 18 1 j 1 1,166 3 1 i Working Railways Account. FOR SERVICES NOT PROVIDED FOR. Funeral expenses, of the late W. 0. Ennis, Staff Superintendent, accidentally killed .. .. .. .. .. .. ! .. 1226 ' (Under Section 98 of the Public Revenues Act, 1926.) ACCOUNTS OUTSIDE THE PUBLIC ACCOUNT. State Advances Account FOR SERVICES NOT PROVIDED FOR. Compassionate allowance to Mrs. C. Foote .. .. .. .. .. 190 0 0 Total .. .. .. .. .. .. j £77,715 19 9 (Undek Section 51 of the Public Revenues Act, 1926.)

MAIN HIGHWAYS ACCOUNT. Main Highways Construction Fund. £ s. d. £ s. d. £ s. d. £ s. d. Vote 73 —Main Highways .. .. .. .. .. .. .. 9,570 7 5 Total .. .. .. .. j .. £9,570 7 5

I j Unauthorized. Expenditure. Unauthorized Amount Authority. I expended. For services in connection with Working Railways under the control of the Government £ s. d. £ s. d. Railways Department .. .. .. .. .. .. .. •• 100,000 0 0 12 2 6 For all other services .. .. .. •• •• •• •• 150,000 0 0 77,703 17 3 Total Unauthorized Expenditure .. .. .. .. £250,000 0 0 77,715 19 9 Surplus Credits-in-Aid expended .. .. .. .. .. .. .. •• 9,570 7 5 Total Expenditure in excess oe Appropriation .. .. .. £87,286 7 2

B.—l [PT. I].

EMERGENCY EXPENDITURE ACCOUNT PRESENTED UNDER SECTION 59 OF THE PUBLIC REVENUES ACT, 1926.

14— B. 1 [Pt. I] ,

B.—l [PT. I .

PUBLIC ACCOUNTS, 1926-192 7.

ABSTRACT of the EMERGENCY EXPENDITURE ACCOUNT for the FINANCIAL YEAR ended 31st March, 1927.

R. E. Hayes, , Secretary to the Treasury. A. D. Park, F.1.A.N.Z., Accountant to the Treasury. The Treasury, Wellington, sth July, 1927. In compliance with subsection (3) of section 59 of the Public Revenues Act, 1926, I have to submit the following report on the above account:— In October last the Hon. the Minister of Finance represented to the Audit Office that, in view of the serious position arising through the continuance of unemployment, it was proposed to provide for relief out of the Consolidated Fund in terms of section 59 of the Public Revenues Act, 1926. As it appeared to the Controller and Auditor-General that the matter of unemployment was one affecting the public interests within the meaning of that section, the Audit Office concurred in this proposal. The relief was granted by means of various public works specially approved by the Hon. the Minister of Finance, and the expenditure requires to be ratified and voted by Parliament pursuant to subsection (4) of the above Act. The above abstract correctly sets out the amounts charged and credited to the Emergency Expenditure Account during the year ended on 31st March, 1927. G. F. C. Campbell, Controller and Auditor-General. Audit Office, 6th July, 1927.

100

(Under Section 59 of the Public Revenues Act, 1926.) Gkoss Credits I Nbt ] Expenditure. | Expenditure. I I " I CONSOLIDATED FUND. ORDINARY REVENUE ACCOUNT. Emergency Expenditure Account. Issues under Public Revenues Act, 1926, Section 59. Unemployment Relief Works— £ s. d. £ s. d. £ s. d. Dunedin-Portobello Road .. .. 9,044 4 11 361 6 6 8,682 18 5 Balclutha Protective Works .. .. 1,330 1 11 .. 1,330 1 11 Chaslands-Waikawa Road .. .. j 686 2 4 .. 686 2 4 Te Maiki Road .. .. .. 1 16 9 0 .. 16 9 0 Te Anau-Manapouri Road .. .. 58 18 7 .. 58 18 7 11,135 16 9 361 6 6 10,774 10 3

B.—l [Pt. I].

SUMMARY OF CERTIFIED STATEMENTS OF LIABILITIES PRESENTED UNDER SECTION 46 OF THE PUBLIC REVENUES ACT, 1926.

101

B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1927, as rendered by respective Departments in terms of Section 46 of the Public Revenues Act, 1926. CONSOLIDATED FUND, ORDINARY REVENUE ACCOUNT. Permanent Charges. Civil List:— £ s - d. Native purposes .. .. .. .. .. . . .. 337 6 3 TJnder special Acts: — £ s - d. Civil List Act, 1920 .. .. .. .. .. 75 0 0 Education Act, 1914 .. .. .. .. .. 2,977 1 0 Finance Act, 1920, Section 43 (Grant to Canterbury College).. 390 7 6 Magistrates' Court Amendment Act, 1926 .. .. .. 150 0 0 National Provident Fund Act, 1926 .. .. .. 5,194 0 0 New Zealand University Amendment Act, 1914 .. .. 3,607 0 0 Pensions Act, 1926 — £ s. d. Old-age Pensions .. .. .. .. 177 18 9 Widows' Pensions .. .. .. .. 393 7 6 Military Pensions .. .. .. .. 20 8 4 Miners' Phthisis .. .. .. .. 18 19 2 610 13 9 Slaughtering and Inspection Act, 1908 .. .. .. 2,358 3 9 Stock Act, 1908 .. .. .. .. .. 2,083 15 6 War Pensions Act, 1915 .. .. .. .. .. 591 7 1 18,037 8 7 Refunds of Revenue :— Stamp and Death Duties .. .. .. .. 5,421 6 8 Registration and other Fees: Industrial Conciliation and Arbitration Act, 1925 .. .. .. .. 2 0 0 Territorial Revenue .. .. .. .. .. 30 2 0 5,453 8 8 Votes. Legislative Departments .. .. .. .. .. .. .. 2,751 1 3 Prime Minister's Department .. .. .. .. .. .. .. 48 1 8 Treasury Department .. .. .. .. .. .. 1, 448 10 7 Land and Income Tax Department .. .. .. .. .. .. 1,374 10 8 Stamp Duties Department .. .. .. .. .. .. .. 3,789 9 4 National Provident and Friendly Societies Department .. .. .. .. 1,612 18 1 Post and Telegraph Working-expenses.. .. .. .. .. .. 61,876 6 3 Public Buildings .. .. .. .. .. .. .. .. 15. 133 4 5 Government and other Domains .. .. .. .. .. .. 368 13 3 Maintenance and Repairs to Roads .. .. .. .. .. .. 7,467 18 7 Maintenance of Irrigation-works, &c. .. .. .. .. .. .. 331 7 6 Native Department .. .. .. .. .. .. .. .. 192 8 1 Department of External Affairs .. .. .. .. .. .. 64 2 11 Cook Islands .. .. .. .. .. .. .. .. 2,252 17 11 Department of Industries and Commerce .. .. .. .. .. 501 3 3 Department of Justice .. .. .. .. .. .. .. 5,109 4 2 Prisons Department .. .. .. .. .. .. .. .. 5,072 13 7 Crown Law Office .. .. .. .. .. .. .. .. 43 2 8 Police Department .. .. .. .. .. .. .. 2,420 13 3 Pensions Department .. .. .. .. .. .. .. 18 7 2 Mines Department .. .. .. .. .. .. .. .. 3,697 15 9 Department of Internal Affairs .. .. .. .. .. 49, 129 16 9 Audit Department .. .. .. .. .. .. .. .. 371 12 2 Public Service Commissioner's Office .. .. .. .. .. .. 86 12 9 Printing and Stationery Department .. .. .. .. .. .. 7,338 15 6 Mental Hospitals .. .. .. .. .. .. .. 7,682 711 Department of Health .. .. .. .. .. .. .. 11,682 17 11 Naval Defence .. .. .. .. .. .. .. .. 15,450 14 2 Defence Department .. .. .. .. .. .. .. 26,361 17 9 Customs Department.. .. .. .. .. .. .. .. 2,064 15 0 Marine Department .. .. .. .. .. .. .. 3,455 1 2 Department of Labour .. .. .. .. .. .. .. 2,151 14 11 Department of Lands and Survey .. .. .. .. .. 3,332 5 0 Scenery Preservation.. .. .. .. .. .. .. .. 140 6 7 Valuation Department .. .. .. .. .. .. .. 1,931 7 8 Electoral Department .. .. .. .. .. .. .. 370 11 6 Department of Agriculture .. .. .. .. .. .. .. 21,934 310 Department of Tourist and Health Resorts .. .. .. .. .. 5,701 15 10 Department of Scientific and Industrial Research .. .. .. .. 284 13 11 Education Department .. .. .. .. .. .. .. 33,827 18 5 Unauthorized Expenditure—Customs Department .. .. .. .. 152 17 5 Emergency Expenditure Account—Public Works Department .. .. .. 2,498 16 1 Total, Ordinary Revenue Account .. .. ... ..£335,353 16 1

102

B.—l [Ft. I].

PUBLIC ACCOUNTS, 1926-192 7.

SUMMARY of of LIABILITIES as on 31st March, 1927, as rendered by respective Departments in terms of Section 46 of the Revenues Act, 1926 —continued. PUBLIC WORKS FUND, GENERAL PURPOSES ACCOUNT. Votes. £ s. d. Public Works, Departmental .. .. .. .. .. .. .. 2,198 5 7 Railway-construction .. .. .. .. .. .. .. .. 106,364 9 0 Additions to Open Lines .. .. .. .. .. .. .. 16,616 0 0 General .. .. .. .. .. .. .. .. .. 1,399 1110 Courthouses .. .. .. .. .. .. .. .. .. 25 15 0 Prison Buildings and Works .. .. .. .. .. .. .. 2,940 4 5 Police-stations .. .. .. .. .. .. .. .. 823 11 3 Postal and Telegraph .. .. .. .. .. .. 8,492 2 0 Agricultural .. .. .. .. .. .. .. .. .. 96 17 7 Mental Hospital Buildings .. .. .. .. .. .. 3,668 15 8 Health and Hospital Institutions .. .. .. .. .. 3,433 11 4 Timber-supply, Sawmills, &c. .. .. .. .. .. .. 1,367 6 3 Acquisition and Operation of Quarries.. .. .. .. .. .. 1,052 15 5 Lighthouses .. .. .. .. .. .. .. .. .. 90 11 0 Harbour-works .. .. .. .. .. .. .. .. 770 0 11 Development of Tourist Resorts .. .. .. .. .. .. 992 3 11 Department of Immigration .. .. .. .. .. .. .. 20,238 3 8 Roads, &c. .. .. .. .. .. .. .. .. .. 74,692 14 10 Roads on Goldfields .. ~ .. .. .. .. .. .. 275 16 0 Telegraph Extension.. .. .. .. .. .. .. .. 211,699 10 8 Lands, Miscellaneous .. .. .. .. .. .. .. 1,585 0 9 Irrigation, Water-supply, and Drainage .. .. .. .. .. 3,477 18 1 Plant, Material, and Stores .. .. .. .. .. .. .. 2,609 12 11 Total of Public Works Fund .. .. .. .. ..£464,910 18 1 Public Works Fund— £ s. d. £ s. d. Waihou and Ohinemuri Rivers Improvement Account .. 6,402 12 3 Electric Supply Account .. .. .. .. .. 141,063 10 4 147,466 2 7 Deteriorated Lands Account .. .. .. .. .. .. .. 838 12 4 Education Loans Account .. .. .. .. .. .. .. 3,962 710 Hauraki Plains Settlement Account .. .. .. .. .. 4,836 5 2 Land for Settlements Account .. .. .. .. .. .. 869 15 4 l and for Settlements Account—Discharged Soldiers Settlement Account .. .. 73 16 0 Main Highways Account— £ s. d. Revenue Fund .. .. .. .. .. .. 64,276 10 1 Construction Fund .. .. .. .. .. 124,746 8 5 189,022 18 6 Native Land Settlement Account .. .. .. .. .. .. 4,045 111 Railways Improvement Authorization Act, 1914, Account .. .. .. 50,523 11 9 Rangitaiki Land Drainage Account .. .. .. .. .. .. 970 5 5 State Coal-mines Account .. .. .. .. .. .. .. 21,130 1 8 State Forests Account .. .. .. .. .. .. .. 11,342 1 2 Swamp Land Drainage Account .. .. .. .. .. 3,471 1 9 Westport Harbour Account .. .. .. .. .. .. .. 4,620 19 10 Working Railways Account .. .. .. .. .. .. .. 329,829 0 0 Government Insurance Account .. .. .. .. .. .. 1,269 8 2 Government Accident Insurance Account .. .. .. .. .. 344 18 11 State Fire Insurance Account .. .. .. -. .. .. 58 18 9 Native Trustee's Account .. .. .. .. .. .. .. 38 19 5 Public Service Superannuation Fund Account .. .. .. .. .. 156 10 1 Public Trust Office Account .. .. .. .. .. .. .. 5,032 2 2 State Advances Account— £ s. d. Advances to Settlers Branch .. .. .. .. 2,160 211 Advances to Workers Branch .. .. .. .. 976 5 6 Miscellaneous Business Branch ~ .. .. .. 1,131 15 1 4,268 3 6

103

B.—l TPT. 11.

PUBLIC ACCOUNTS, 192 6- 19 2 7

SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1927, as rendered by respective Departments in terms of Section 46 of the Public Revenues Act, 1926—continued. SUMMARY. £ s. d. Consolidated Fund —Ordinary Revenue Account .. .. .. • • • ■ 335, 353 16 1 Public Works Fund — £ s- d. General Purposes Account .. .. .. .. 464,910 18 1 Waihou and Ohinemuri Rivers Improvement Account .. 6,402 12 3 Electric Supply Account .. .. .. .. .. 141,063 10 4 612,377 0 8 Deteriorated Lands Account .. .. .. .. .. • • • • 838 12 4 Education Loans Account .. .. .. .. •• •• •• 3,962 710 Hauraki Plains Settlement Account .. .. .. .. •• •• 4,836 5 2 Land for Settlements Account .. .. .. .. • • • • 869 15 4 Land for Settlements Account —Discharged Soldiers Settlement Account .. .. 73 16 0 Main Highways Account — £ s- d. Revenue Fund .. .. .. .. •• ■■ 64,276 10 1 Construction Fund .. .. .. • ■ •. 124,746 8 5 —— 189,022 18 6 Native Land Settlement Account .. .. .. .. •• 4,045 1 11 Railways Improvement Authorization Act, 1914, Account .. .. .. 50,523 11. 9 Rangitaiki Land Drainage Account .. .. .. . ■ • • • • 970 5 5 State Coal-mines Account .. .. .. .. .. • ■ .. 21,130 1 8 State Forests Account .. .. .. .. •• •• 11,342 1 2 Swamp Land Drainage Account .. .. .. •• •• 3,471 1 9 Westport Harbour Account .. .. .. . • •• •• ■■ 4,620 19 10 Working Railways Account .. .. .. .. ■ - • • ■ • 329,829 0 0 Government Insurance Account . . . . . . . • ■ ■ 1,269 8 2 Government Accident Insurance Account .. .. .. . • ■ • 344 18 11 State Fire Insurance Account . . .. . ■ . • •• . • • 58 18 9 Native Trustee's Account .. .. .. . • . ■ • ■ ■ • 38 19 5 Public Service Superannuation Fund Account .. .. .. . • ■ • 156 10 1 Public Trust Office .. .. .. ■ ■ • ■ ■ • • • .. 5, 032 2 2 State Advances Account . . .. . • . ■ • • • • . . 4,268 3 6 Total, all accounts .. .. .. . . - ■ £1,584,435 16 5

Not®. As the law does not require these figures to be audited, the Audit Office has not examined this statement.

Approximate Cost o1 Paper.— Preparation, not given ; printing (675 copies), £210.

Authority: W. A. G. Skinnek, Government Printer, Wellington.- 1927

Price 2s.]

104

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PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1926-27., Appendix to the Journals of the House of Representatives, 1927 Session I, B-01-part01

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PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1926-27. Appendix to the Journals of the House of Representatives, 1927 Session I, B-01-part01

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PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1926-27. Appendix to the Journals of the House of Representatives, 1927 Session I, B-01-part01

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PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1926-27. Appendix to the Journals of the House of Representatives, 1927 Session I, B-01-part01

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