EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, AND 4 BLOCKS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st July, 1929, to 30th JUNE, 1930.

Appendix to the Journals of the House of Representatives, 1930 Session I, G-04

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1930. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, AND 4 BLOCKS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st July, 1929, to 30th JUNE, 1930.

Presented to both Houses of the General Assembly in pursuance of Section 14 of the Mangatu No. 1 Empowering Act, 1893.

MANGATU No. 1. Balance-sheet as at 30th June, 1930. Liabilities. A ssels. Public Trustee— £ s. d. £ s. d. £ g. d. £ s. d. General mortgage .. 30,591 11 10 Freehold property .. .. 301,696 0 0 Interest accrued .. 181 0 8 Roads Account * .. 2,092 5 1 30,772 12 6 Survey Account .. 287 8 6 Mortgage Account (Puku- 2,379 13 7 tarewa) .. .. 15,000 0 0 Fencing Account, .. .. 116 7 0 Interest accrued .. 256 8 (I Advances 15,256 8 9 Sundry blocks .. 472 16 8 Mortgage Account (Wai- Distribution Acco v nt rere) .. .. 50,000 0 0 No. 1 .. 304 0 0 Interest accrued .. 739 14 6 Royal Commission .. 1,682 4 4 50,739 14 6 ■ Owners' appeal on acMortgage Accounl (Wi count of Blocks I and 4 761 1 11 Pere) .. .. 28,335 0 0 Advances to owners .. 4,275 12 2 Interest accrued .. 139 14 9 7.495 15 ,1 28,474 14 9 Mangatu Nos. 3 and 4 .. .. 4,441 12 10 Bank of Australasia— Sundry debtors .. 788 2 9 Current Account .. 15,538 12 9 Rent outstanding .. 952 13 8 Interest accrued .. 217 13 7 1,740 Xi 5 15,756 6 4 Investments- — Native Trustee — Poverty Bay Farmers' Mortgage Account .. 20,000 0 0 Meat Co., Ltd. (shares) 5 0 0 Interest accrued .. 236 14 3 Williams and Kettle^ 20,236 14 3 Ltd. (shares) .. 35 0 0 Foster Trustees— 40 0 0 Mortgage Account .. 1,600 0 0 Mangatahu live-stock .. .. 7,514 0 0 Interest accrued .. 19 4 0 Okaihau Station .. 11,787 iS 2 .1,619 4 0 Live-stock .. .. 3,103 5 0 East Coast Commissioner .. 8,507 6 1 14.890 10 2 Rates accrued .. .. .. 93 811 Pukutarewa Station ..14,348 3 2 Sundry creditors .. .. 464 11 1 Live-stock .. .. 6,582 16 0 Mangatahu Station Current Account 25,162 14 11 20,930 19 2 Distribution Accounts .. .. 1,168 14 6 Waitangirua Station .. 10,169 2 9 Capital Account .. .. 206,785 13 0 Live-stock .. .. 3,205 10 0 Income Account .. .. 1,748 18 0 13,374 12 9 Wairere Station .. 3,912 18 2 Live-stock .. .. 15.0.17 II 0 18,930 9 2 Waikakariki Station .. 9,881 5 5 Live-stock .. . . 1,978 5 0 11,859 10 5 Office furniture and fittings .. 15 15 0 Produce unrealized .. .. 1,361 0 0 £406,787 1 7 £406,787 1 7 Auditor's Certificate. I have audited the accounts of Mangatu No. 1 Block, East Coast Native Trust Lands, for the year ended 30th June, 1930, and my report on the audit of the accounts is contained in my letter of even date, to the Hon. the Minister of Native Affairs. Wellington, 18th October, 1.930. D. R. Menzies, Chartered Accountant (Aust.), Auditor.

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MANGATU No. I— continued. Income Account as at 30th June, 1930. To Expenses re Committee £ s. d. £ s. d. £ s d. meeting .. .. 19 19 0 By Balance .. .. .. .. 1,070 12 0 Distribution .. 4,222 10 0 Rent .. .. .. .. 12,425 5 0 Donation, Tairawhiti Dividend .. .. .. 2 8 0 Football Committee 10 0 0 Rates and taxes .. 1,217 6 4 Interest .. .. 5,785 7 9 Commission.. .. 264 4 10 Legal expenses .. 3 1 9 Management and office expenses . . .. 226 17 4 11,749 7 0 Balance .. .. .. 1,748 18 0 £13,498 5 0 £13,498 5 0 Statement of Accounts as from Ist July, 1929, to 30th June, 1930. Waitangirua Station. Mangatahu Station — continued. £ s. d. Debits Balance at debit at 30th June, 1929 12,446 Oil. ' £ g _ d _ £ g _ (] Sheep bought .. .. 202 10 0 VeMs - Cattle bought .. .. 363 111 ' Soed •• ■■ •• •• " 5 •* Wages .. .. 1,385 16 1.0 £ s. a. Running-expenses, includSheep bought .. .. 31 10 0 in „ repairg and maintenCattle bought . . .. 877 15 0 all p e 883 i( ~ }J^ es , •■ 1.348 11 7 Rates.. '.'. '.'. 353 19 0 Running-expenses, including Management and office exrepairs and maintenance 680 5 8 penses 175 0 0 Rates .. .. 497 16 2 F " o , 6 o lfi n Interest .. .. 893 9 3 ' " ' Management and office ex- Balance at credit, 30th June, 1930 .. £17,648 14 11 penses . . .. 80 0 0 , 4,409 7 8 Live-stock on station at 30th June, 1930 : — 16,954 13 10 £ s. d. Credits. 7,385 sheep .. .. 4,950 0 0 Wool sold .. .. 122 8 6 713 cattle .. .. 2,474 0 0 Advance against wool shipped 860 3 8 12 horses . . .. 90 0 0 982 12 2 £7,514 0 0 1929 wool, valued at £1,640 ; ■ present value, £1,001 lis. lid. .. ... 638 8 1 Pukutarewa Station. 344 4 1 £ s. d. Sheep sold .. .. 2,321 9 7 Balance at debit at 30th June, 1929 .. 19,427 16 7 Cattle sold . . . . 865 0 0 Skins and hides sold .. 38 5 1 Debits. Meat sold .... 11 2 4 £ s. d. 3,580 1 1 Sheep bought .. .. 3,525 2 0 Cattle bought .. .. 527 12 5 Balance at debit, 30th Juno, 1930 .. £13,374 12 9 Wages .. .. 1,489 14 7 — . _ Running-expenses, including repairs and mainten-Live-stock on station at 30th June, 1930 :— ance .. .. 960 7 10 £ s. d. Rates .. .. .. 215 11 6 3,619 sheep .. .. 2,35110 0 Interest .. .. 1,325 12 0 276 cattle . . .. 799 0 0 Management and office ex--11 horses .. .. 55 0 0 penses .. .. 130 0 0 8,174 0 4 £3,205 10 0 _ 27,601 16 11 Credits. 1930 wool unrealized .. 582 0 0 Manqatahu Station. Wool sold .. .. 63 0 8 £ s. d. Advances against wool Balance at credit at 30th June, 1929 .. 15,447 15 0 shipped .. .. 294 17 8 Credits. 939 is 4 £ s. d. 1929 wool, valued at Wool sold .. .. 78 15 9 £1,890; present value, Advances against wool £1,321 15s. 4d. = £568 shipped .. .. 1,440 12 0 4s. Bd. ; 1929 wool unWool in store .. .. 160 0 0 realized, £170 .. 398 4 8 1,679 7 9 541 13 8 1929 wool, valued at Sheep sold .. .. 4,364 19 8 £3,390; present value, Cattle sold .. .. 1,295 0 0 £1,923 4s. 2d. .. 1,466 15 10 Horses sold .. .. 26 0 0 212 1111 Skins and hides sold .. 27 1 8 Sheep sold .. .. .. 3,017 6 9 Farm-produce sold .. 412 14 0 Cattle sold .. .. .. 1,421 110 Meat sold .. .. 3 8 9 Skins and hides sold .. .. 41 18 4 6,670 17 9 Interest .. .. .. 871 18 0 Balance at debit, 30th June, 1930 ..£20,930 19 2 21,012 11 10

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MANGATU No. \—continued. Statement of Accounts as from Ist July, 1929, to 30th June, 1930— continued. Pukutabewa Station— continued. Waikakariki Station— continued. Live-stock on station at 30th June, 1930 : — . Credits. £ s. d. 4,376 sheep .. .. 3,267 6 0 win ,„ * * ■ ' 768 cattle .. .. 2,635 10 0 Wool sold 12 7 6 38 horses.. .. 680 0 0 Advances agamst wool shipped .. .. 484 0 8 £6 58 - ' 16 0 Wool unrealized .. .. 84 0 0 — 580 8 2 1929 wool, valued at £690 ; Wairbee Station. P resont value ' £334 0s - 7d - 3G5 19 '"> Balance at debit at 30th June, 1929 .. 19,474 14 2 ~, ~ , %$£ *? ?. Sheep sold .. .. 1,902 2 0 t),,i-,„ Skins and hides sold .. 36 11 10 £ s. d. Meat sold • • ■ ■ 64 17 0 Sheep bought .. .'. 342 15 6 2 2 27 I 0 7 HOT^ b b°o u ught:: :: ° ° Balanoeatdebit > mb June < ia3o ..-ui.swioe Wages .. -- 2,457 2 11 === Running-expenses, including repairs and mainten- Live-stock on station at 30th June 1930 :- ance .. .. 1,165 10 8 „ „ QO , . *.. s ; a - Rates 588 13 1 2,783 sheep.. .. 1,745 5 0 Interest .. .. .1,350 10 3 J cattle .. .. 33 0 0 Management and office ex- 12 horaes • ■ • • 20 ° ° ° PeaS6S - - 3S ° ° ° *.™ « 0 26,793 6 7 Credits. Wool sold .. .. 1.17 10 1 Advance against wool shipped .. .. 2,828 12 2 Wool in store .. .. 320 0 0 ~ ~ Okaihau Station. 3 266 2 3 £ s. d. 1929 wool, valued at ' ' ' Balance at debit at 30th June, 1929 .. 11,732 6 8 £6,540; present value ~ , . £4,314 16s. Sd. .. 2.225 3 4 Debits. £ s. d. 1,040 18 11 Sheep bought .. .. 2,707 6 3 Sheep sold .. .. 5,517 18 5 Cattle bought .. .. 450 0 0 Cattle sold .. .. 1,22115 11 Horse bought .. .. 10 0 0 Horse sold .. . . 10 0 0 Wages .. .. .. 451 10 4 Skins and hides sold .. 68 16 2 Running-expenses, including Meat sold .. . . 3 8 0 repairs and maintenance 277 18 3 7,862 17 5 Rates .. .. .. 1.58 14 10 — Interest . . . . 810 2 5 Balance at debit. 30th June, 1930 ..£18,930 9 2 Management and office ex- =;=—= penses .. .. 75 0 0 4,940 18 1 Lire-stock on station at 30th June, 1930 : — £ s. d. 16,673 4 9 14,452 sheep .. .. 9,801 II 0 1,282 cattle . . .. 4,901 0 0 Credits. S4horse3 -- ■• 315 Q ° Wool sold .. .. 151 0 5 ~ Advances against wool iU),017 11 0 shipped .. .. 242 6 0 3 bales, scoured, in store . . 30 0 0 3 bales, crutchings, in store 15 0 0 Waikakariki Station. £ s. d. 438 12 5 Balance at debit at 30th June, 1929 .. 7,996 8 1 1929 wool, valued at £550 ; Debits. present value, £316 Is. 7d. 233 18 5 £ s. d. . Seed ...... 748 3 2 204 14 0 Seed sowing .. .. 80 16 6 Sheep sold .. .. 1,567 16 4 Scrub-cutting .. .. 825 11 7 Skins sold .. .. 10 4 3 Manure .. .. HO II 4 1,782 14 7 1,765 2 7 Sheep bought .. ..2,025 7 9 Balance at debit, 30th June, 1930 ..£14,890 10 2 Wages .. .. .. 1,004 6 5 ===== Running-expenses, including repairs and maintenance 601 12 8 Live-stock on station at 30th June, 1930 : — Interest .... 600 18 0 £ s. d. Rates .. .. .. 48 14 6 3,993 sheep .. .. 2,71 iT 15 0 Management and office ex- 85 cattle .. .. 378 10 0 penses .... 45 0 0 1 horse .. .. 500 — 4,325 19 4 £3,103 5 0 14,087 10 0 -— .

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MANGATU NO. 1— continued. Statement of Live-stock depastured on Stations at 30th June, 1930.

Summary. £ s. d. 36,608 sheep .. .. .. .. .. 24,835 7 0 3,133 cattle .. .. .. .. .. 11,221 0 0 128 horses ~ . . .. .. . . 1,345 0 0 39,869 £37,401 7 0

MANGrATU Nos. 3 AND 4. Balance-sheet as at 30th June, 1930. Liabilities. Assets. £ s. d. Freehold property — £ s. d. £ s. d. Mangatu No. 1 .. .. .. 4,441 12 10 I Mangatu No. 3 .. 21,640 0 0 Capital .. .. .. .. 39,640 0 0 j Mangatu No. 4 .. 18,000 0 0 39,040 0 0 Improvements— Fencing .. .. 577 18 7 Survey .. .. 541 17 0 1,119 15 7 Revenue Account .. 3,876 16 7 Less balance, Income Account .. .. 554 19 4 3,321 17 3 £44,081 12 10 j £44,081 12 10 An ditor's Certificate. I have audited the accounts of Mangatu Blocks 3 and 4, East Coast Native Trust Lands, for tho year ended 30th June, 1930, and my report on the audit of the accounts is contained in my letter of even date to the Hon. the Minister of Native Affairs. Wellington, 18th October, 1930. D. R. Menzi.es, Chartered Accountant (Aust.), Auditor. Income Account as at 30th June, 1930, £ s. d. I £ s. d. Interest .. .. .. .. 277 0 10 Rent .. .. .. .. 883 4 0 Land-tax .. .. .. .. 14 2 3 Royalty on timber .. .. .. 100 0 0 Expenses, committee meeting .. 5 5 0 Management and office expenses .. 25 0 0 Rates .. .. .. .. 106 16 7 Balance .. .. .. .. 554 19 4 £983 4 0 £983 4 0

Station. Number. Sheep. Cattle. Horses. Value. Number. Value. j Number. . Value. Sheep. Totals. Number. Value. Mangatahu Okaihau Pukutarewa Waitangirua Wairere.. Waikakariki 7,385 3,993 4,376 3,619 .. 14,452 2,783 £ s. d. £ s. d. £ s. d. 4,950 0 0 713 2,474 0 0 12 90 0 0 2,719 15 0 85 378 10 0 1 5 0 0 3,267 6 0 768 2,635 10 0 ' 38 680 0 0 2,351 10 0 276 799 0 0 ! 11 55 0 0 9,801 11 0 1,282 4,901 0 0 54 315 0 0 1.745 5 0 9 33 0 0 ] 12 200 0 0 24,835 7 0 3,1.33 11,221 0 0 128 1,345 0 0 j £ s. d. 8,110 7,514 0 0 4,079 3,103 5 0 5,182 6,582 16 0 3,906 3,205 10 0 15,788 15,017 11 0 2,804 1,978 5 0 j 39,869 37,401 7 0 36,608

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MANGATU No. 3. Statement of Account foe the Year ended 30th June, 1930. £ s. d. Balance at credit at 30th June, 1929 .. .. .. .. 2,576 16 3 Credits. Rent collected .. .. . . . . .. .. 883 4 0 Interest .. .. .. .. . . .. .. 181 6 7 3,641 6 10 Debits. £ s. d. Land-tax .. .. .. .. .. 14 2 3 Management and office expenses . . .. 12 10 0 26 12 3 Balance at credit, 30th June, 1930 .. .. .. ..£3,614 14 7 MANGATU No. i. Statement of Account foe the Yeak ended 30th June, 1930. £ s. d. Balance at debit at 30th June, 1929 .. .. .. .. 7,573 8 5 Debits. £ s. d. Rates .. .. . . . . .. 106 16 7 Expenses re committee meeting . . . . 5 5 0 Interest .. .. .. .. .. 458 7 5 Management and office expenses .. .. 12 10 0 582 19 0 8,156 7 5 Credit. Royalty on timber cut .. .. .. .. .. 100 0 0 Balance at debit, 30th June, 1930 .. .. .. ..£8,056 7 5 Sir,— Wellington, 18th October, 1930. I have to report that I have completed the audit of the accounts of the Mangatu Block No. 1 for the twelve months ended 30th June, 1930, also the accounts of Mangatu No. 2, Blocks 3 and i, for the same period, and I attach hereto sets of the foregoing accounts. Stock Account. —l have accepted without reservation the figures certified to by Mr. H. Syme, Farm Superintendent, and Mr. J. Harvey, Agent for the East Coast Commissioner at Gisborne, for the livestock on hand at 30th June, 1930, on the various farms. Distribution. —With reference to the distributions which have been made to the Natives from several blocks during the current year, I have checked the amounts which have been paid direct from the Mangatu Account, and have seen receipts for these. In most instances, however, cheques were handed to the Native Department for distribution to the various Natives concerned, through the Tairawhiti District Maori Land Board. I have seen receipts from the Native Land Board for all moneys paid to them, but have not checked the individual receipts of Natives. The same procedure has been adopted as in previous years — i.e., the individual payments are checked by the Government Auditor in the course of his audit of the accounts of the Tairawhiti District Maori Land Board. Mangatu Nos. 3 and 4. —-These accounts are incorporated in the books of No. 1 Block, but a separate Balance-sheet, Income Account, and statements have been prepared. Foster's Mortgage. —This mortgage is now shown in the Accounts of Mangatu No. 1 : although the mortgage was arranged on the security of Mangatu No. 3, the money is being used by Mangatu No. 1, which assumed the responsibility for the principal amount. Subject to the foregoing remarks, I certify that to the best of my knowledge and belief the accounts as signed by me are correct. I have, &c, D. R. Menzies, Chartered Accountant (Aust.), Auditor. The Hon. the Minister of Native Affairs, Wellington.

Approximate Cost of Paper. —Preparation, not given ; printing (400 copies), £7,

B/ Authority : W. A. 0. Skinner, Government Printer, Wellington.—-1930.

Price 6d.\