PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1937-1938.

Appendix to the Journals of the House of Representatives, 1938 Session I, B-01-part01

B.—l [PT. I].

1938. NEW ZEALAND.

PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1937-1938.

PBESENTED TO PAELIAMENT IN ACCOEDANCE WITH THE PUBLIC EEVENUES ACT, 1926, AND THE NEW ZEALAND CONSTITUTION ACT, 1852.

I—B. 1 [PT. I].

B.—l [PT. i;.

CONTENTS.

ABSTRACT OF THE PUBLIC ACCOUNTS:— Receipts and Expenditure,— Consolidated Fund — page Ordinary Revenue Account .. .. .. .. • • • • • • 4 Accounts op Local Bodies .. .. • ■ • • • • • • • • 1° Deposits Account .. .. . • • • • • ■ • • • • • 10 Public Works Fund — General Purposes Account .. .. .. • ■ • • • ■ • • 12 Electric Supply Account .. .. .. . • • • • • • • 14 Electric Supply Sinking Fund Account .. .. .. .. . ■ • • 14 Other Accounts — Bank oe New Zealand Shares Account .. .. .. .. • • • • 14 Discharged Soldiers Settlement Account .. .. .. .. • • 16 Employment Promotion Fund .. .. .. .. • • • • • • I 8 Land for Settlements Account .. .. .. .. ■• • ■ • • 18 Loans Redemption Account .. .. .. .. ■ • • • • • 20 Main Highways Account .. .. .. .. .. • • • • ■ • 22 Public Debt Repayment Account .. .. .. .. • • • • 24 Remittances to London Account .. .. .. .. .. • • • • 24 Reserve Fund Account .. .. .. .. • • ■ • ■ • • • 24 Silver and Bronze Coin Account .. .. .. • • • ■ • • 26 State Coal-mines Account .. .. .. .. • ■ ■ • ■ • 26 State Coal-mines Sinking Fund Account .. .. ... .. •• •• 28 State Forests Account .. .. .. .. • • • •• • • 28 Working Railways Account .. .. .. . • • • • • • • 30 Public Account Cash Balance Investment Account .. .. .. .. 30 Summary oe Balances .. .. .. .. • • • • • • • • 32 ISSUES COMPARED WITH THE SUMS VOTED UNDER APPROPRIATION ACT, 1937 .. 33 CIVIL LIST ACT, 1920 .. .. • ■ • • • • • • • • • • • ■ 38 UNAUTHORIZED EXPENDITURE ACCOUNT Consolidated Fund, — Ordinary Revenue Account .. .. .. .. • • ■ ■ • • • • 40 Public Works Fund, — General Purposes Account .. .. .. ■ • • • • • ■ • • • 43 State Forests Account .. .. .. ■ • • • • ■ ■ • • ■ • ■ 43 Post-office Account .. .. • • • ■ ■ • • • ■ ■ • • • • 43 Public Trustee's Account .. .. .. • • • • • • - • • ■ 43 Native Trustee's Account .. .. .. • • ■ • • • • ■ • • 43 Government Insurance Account .. .. .. • • •• ■■ •' • • 43 State Advances Account .. .. .. • • • • • • • • • • • • 44 Dairy Industry Account .. .. .. • • • • • • • • ■ • ■ • 44 Internal Marketing Account .. .. • ■ ■ • • • • • • • '• • 44 Broadcasting Account .. .. •. • • • ■ • • • • • • • • 44 Statement of Surplus Credits-in-aid applied in Terms of Section 51 (3) of the Public Revenues Act, 1926 .. .. •. • • ■ • • • • • • • • • 44 AK SUMMABY . . SUMMARY OF CERTIFIED STATEMENTS OF LIABILITIES •• 46

ABSTRACT OF THE Revenue and Expenditure OF THE PUBLIC ACCOUNT OP NEW ZEALAND FOR THE YEAE ENDED 31st MARCH, 1938.

2—B. 1 [Pt. I].

B. —1 [PT. I|.

PUBLIC ACCOUNTS, 1 937-1 938.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1938, compared with the Year ended 31st March, 1937.

4

ENDED 31ST MAKOH, YEAK ENDED 31ST MARCH, 1937, Ktotiprs. 1938 £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 95,154 11 7 Cash .. .. .. .. .. .. .. .. .. 805,618 9 1 179,565 1 10 Imprests outstanding .. .. .. .. .. .. .. 123,046 14 10 928,665 3 11 274,719 13 5 Investment Account—204,915 16 11 Securities held .. .. .. .. .. .. .. .. 30,000 0 0 Taxation, — £ a. d. 9,499,254 5 5 Customs .. .. .. .. .. .. 10,758,732 19 6 841,584 9 9 Beer Duty .. .. .. .. .. .. 978,437 5 3 3,044,612 10 6 Sales Tax .. .. .. .. .. .. 3,499,130 11 2 72,208 16 8 Film-hire Tax .. .. .. .. .. 82,377 3 5 108,793 6 2 Gold-export Duty .. .. .. .. . . 105,412 8 7 2,503,111 3 7 Highways ' .. .. .. .. .. 2,838,710 11 10 3,162,502 0 10 Stamp and Death Duties.. .. .. .. .. 3,240,139 9 8 1,047,877 0 0 Land-tax .. .. .. .. .. .. 1,038,033 13 10 6,618,715 12 3 Income-tax .. .. .. .. .. .. 9,078,762 15 10 42,185 5 0 Miscellaneous .. .. .. .. .. .. 44,692 18 4 — — — 31,664,429 17 5 26,940,844 10 2 Interest, — On Capital Liability— 903,858 3 9 Working Railways .. .. .. .. .. 632,796 17 3 566,000 0 0 Postal and Telegraph .. .. .. .. .. 590,000 0 0 385,855 4 3 On the Public Debt Redemption Fund .. .. .. 463,866 6 2 531,404 9 1 On other Public Moneys .. .. .. .. .. 454,701 11 3 2,141,364 14 8 2,387,117 17 1 Other Receipts,— 251,389 18 3 Registration and other Fees .. .. .. .. 271,941 0 3 152,632 3 10 National-endowment Revenue .. .. .. .. 154,319 6 5 298,811 12 5 Territorial Revenue .. .. .. .. .. 290,963 14 7 154,126 19 3 External Affairs .. .. .. .. .. 238,575 3 0 141,728 13 6 Justice .. .. .. .. .. .. 167,920 19 11 147,479 17 5 Marine.. .. .. .. .. 163,577 12 3 6,236 14 2 Native .. .. .. .. .. ' ! 5,839 6 1 231,330 18 3 Printing and Stationery .. .. .. .. .. 278,718 16 8 Profits of Trading Institutions .. .. .. .. 378,371 15 9 64,253 11 7 Stamp Duties .. .. .. .. .. .. 68,700 1 11 101,808 16 10 Tourist and Health Resorts .. .. .. .. 117,945 11 2 259,170 0 1 Miscellaneous .. .. .. .. .. 98,510 16 9 10,001 11 8 Recoveries on account of Expenditure of previous Years .. 18,151 10 4 Recoveries on account of Unauthorized Expenditure of previous 254 1 3 Years .. .. .. .. .. .. 112 14 2 2,253,648 9 3 1,819,224 18 6 36,059,443 1 4 31,626,822 16 1 Carried forward .. .. .. .. .. 37,018,108 5 3

B.—l [PT. I].

PUBLIC AC COUNTS, 1937-1938

ORDINARY REVENUE ACCOUNT.

5

Year i Year ended 31st March, ended 31st March, 1938. 1937. EXPENDITURE. Net. Gross. 1 Credits. i Net £ s. d. Permanent Appropriations, — £ s. d. £ s. d. £ s. d. Under Special Acts of the Legislature— 28,472 9 2 Civil List .. .. .. .. . . .. 28,802 4 4 .. 28,802 4 4 Debt Services — 7,604,468 11 6 Interest .. .. .. .. .. .. 10,013,723 19 9 2,340,653 7 6 7,673,070 12 3 Amortization of Debt 10,858 15 0 Sinking Fund .. .. .. .. .. 10,858 15 0 .. 10,858 15 0 1,624,507 16 3 Repayment of the Public Debt Act, 1925, Section 11 .. 1,679,773 15 10 .. 1,679,773 15 10 5 0 0 Securities redeemed .. .. .. .. 2,700,205 0 0 2,700,000 0 0 205 0 0 66.115 3 0 Transfer to Loans Redemption Account .. .. 51,619 14 5 .. 51,619 14 5 81,542 18 7 Administration and Management .. .. .. 55,715 12 4 5,827 5 1 49,888 7 3 Or. 7,189 18 9 Payments on Guaranteed Loans .. .. .. 581 5 0 25,214 1 4 Or. 24,632 16 4 9,380,308 5 7 Total, Debt Services .. .. .. 14,512,478 2 4 5,071,694 13 11 9,440,783 8 5 Other Services — 1,581,351 2 9 Exchange.. .. .. .. .. .. 2,494,194 4 2 666,516 12 3 1,827,677 11 11 Highways — Tire Tax, Fees and Fines transferred to Main Highways 632,520 14 2 Account .. .. .. .. .. 721,884 5 7 . 721,884 5 7 Tax on motor spirits transferred to Main Highways 1,697,942 3 0 Account .. .. .. .. .. 1,918,485 17 9 1,918,485 17 9 153,976 2 3 Tax on Motor spirits paid to Boroughs .. .. 163,370 1 6 163,370 1 6 21,424 16 5 Expenses of collecting and making Refunds .. .. 24,818 2 4 .. 24,818 2 4 Motor-vehicles : Mileage Tax and Penalties transferred 3,290 4 11 to Main Highways Account .. .. .. 6,161 13 1 6,161 13 1 Motor-vehicles: Mileage Tax and Penalties paid to 288 17 6 Boroughs .. .. .. .. .. 457 7 1 . . 457 7 1 2,509,442 18 3 2,835,177 7 4 .. 2,835,177 7 4 Education — Grants and Subsidies — 95,525 11 3 Transfers to Vote Education .. .. .. 99,539 12 8 .. 99,539 12 8 Grants and Subsidies— 43.116 5 6 Payments to Racing Clubs of Proportion of Totalizator Duty.. .. .. .. .. .. 50,943 19 0 .. 50,943 19 0 200,000 0 0 Subsidies to Superannuation Fund .. .. .. 200,000 0 0 .. 200,000 0 0 10,202 6 7 Miscellaneous Grants and Subsidies .. .. 8,483 0 1 .. 8,483 0 1 253,318 12 1 259,426 19 1 .. 259,426 19 1 Salaries and Honoraria — 45,241 3 7 Legislative .. .. .. .. .. 45,585 3 8 .. 45,585 3 8 20,250 0 0 Justice .. .. .. .. .. .. 20,250 0 0 .. 20,250 0 0 5,644 5 8 Other Salaries .. .. .. .. .. 6,376 17 8 .. 6,376 17 8 71,135 9 3 72,212 1 4 .. 72,212 1 4 11,817 9 8 Advances.. .. .. .. .. .. 70,121 1 5 55,865 15 3 14,255 6 2 157,126 18 4 Other Special Acts .. .. .. .. .. 322,641 5 7 133,935 16 11 188,705 8 8 Transfer to Reserve Fund Account .. .. .. 853,897 0 6 .. 853,897 0 6 4,679,718 1 7 Total, Other Services .. .. 7,007,209 12 1 856,318 4 5 6,150,891 7 8 114,088,498 16 4 Total, Permanent Appropriations .. 21,548,489 18 9 5,928,012 18 4 15,620,477 0 5 14,088,498 16 4 Carried forward 21,548,489 18 9 5,928,012 18 4 15,620,477 0 5

B.—l [PT. I].

PUBLIC ACCOUNTS, 19 3 7-1 938.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1938, compared with the Year ended 31st March, 1937—continued.

6

HNDBD am MAKOH, RECEIPTS. I yEAR END !L 3 o lBT MAKCn ' 1937. I 19db ' £ s. d. £ 8. d. £ 8. d. 31,626,822 16 1 Brought forward.. .. .. .. .. .. .. 37,018,108 5 3 ... 31,626,822 16 1 Carried forward .. .. .. .. .. .. .. 37,018,108 5 3

B.—l [PT. I].

PUBLIC ACCOUNTS, 19 3 7-1 93 8.

ORDINARY REVENUE ACCOUNT—continued.

7

Year ' Year ended 31st March, ended 31st March, i 1938. 1937. I EXPENDITURE. Net - Gross. Credits. Net. £ s. d. £ s. d. £ s. d. £ s. d. 14,088,498 16 4 Brought forward .. .. .. .. 21,548,489 18 9 5,928,012 18 4 15,620,477 0 5 Annual Appropriations,— Vote— 106,840 5 9 Legislative .. .. .. .. .. .. 103,632 2 10 1,364 3 9 102,267 19 1 27,502 9 0 Prime Minister's Department .. .. .. .. 23,167 5 8 .. 23,167 5 8 Finance —■ 40,854 5 11 Treasury.. .. .. .. .. .. 46,864 19 6 5,844 15 10 41.020 3 8 112,097 14 2 Customs .. .. .. .. .. .. 150,752 9 5 24,128 3 9 126,624 5 8 140,179 15 4 Land and Income Tax .. .. .. .. 167,391 15 3 1,393 18 6 165,997 16 9 91,354 3 5 Stamp Duties .. .. .. .. .. 100,611 11 8 570 5 7 100,041 6 1 36,121 1 10 Audit .. .. .. .. .. .. 76,083 8 6 36,123 10 7 39,959 17 11 420,607 0 8 Total—Finance .. .. .. .. 541,704 4 4 68,060 14 3 473,643 10 1 General Administration — 6,982 5 1 Public Service Commissioners'Office .. .. .. 10,778 19 2 865 19 1 9,913 0 1 368,003 11 3 Internal Affairs .. .. .. .. .. 615,104 4 7 105,521 15 10 509,582 8 9 158,255 8 8 External Affairs .. .. .. .. .. 282,594 0 7 40,954 7 3 241,639 13 4 227.422 2 4 Printing and Stationery .. .. .. .. 275,851 13 10 .. 275,851 13 10 123.423 8 1 Marine .. .. .. .. .. .. 162,374 3 11 4,571 2 5 157,803 1 6 206,358 6 8 Labour .. .. .. .. .. .. 382,196 2 1 239,320 4 2 142,875 17 11 286,956 5 7 Native .. .. .. .. .. .. 188,077 12 4 32,751 9 1 155,326 3 3 58,508 11 6 Valuation .. .. .. .. .. 68,279 12 11 15,787 19 10 52,491 13 I 11,806 Oil Electoral.. .. .. .. .. .. 6,599 12 8 86 10 0 6,513 2 8 63,808 16 0 Census and Statistics .. .. .. .. 34,508 13 4 2,248 8 8 32,260 4 8 1,511,524 16 1 Total —General Administration .. .. 2,026,364 15 5 442,107 16 4 1,584,256 19 1 Law and Order — 273,485 11 10 Justice and Prisons .. .. .. .. 419,229 2 10 82,271 0 0 336,958 2 10 7,418 15 3 Crown Law Office .. .. .. .. .. 8,406 7 2 823 3 8 7,583 3 6 496,977 10 5 Police .. .. .. .. .. .. 607,109 16 8 5,627 14 2 601,482 2 6 777,881 17 6 Total—Law and Order .. .. .. 1,034,745 6 8 88,721 17 10 946,023 8 10 Defence — 632,061 13 8 Navy .. .. .. .. .. .. 825,561 16 7 65,032 8 5 760,529 8 2 560,016 17 6 Army .. .. .. .. .. .. 560,461 4 0 30,828 14 10 529,632 9 2 Air .. .. .. .. .. .. 321,881 15 6 8,230 4 7 313,651 10 11 1,192,078 11 2 Total—Defence .. .. .. .. 1,707,904 16 1 104,091 7 10 1,603,813 8 3 1,174,991 1 1 Maintenance of Public Works and Services .. .. 2,060,741 12 0 966,959 12 9 J 1,093,781 19 3 Development of Primary and Secondary Industries— 401,899 12 4 Lands and Survey .. .. .. .. .. 454,617 9 9 69,643 12 1 384,973 17 8 692,266 16 1 Agriculture .. .. .. .. .. 1.028,131 13 8 182,712 18 2 845,418 15 6 176,807 16 0 Industries and Commerce, Tourist, and Publicity .. 427,964 16 8 42,419 8 9 385,545 7 11 97,516 14 1 Scientific and Industrial Research .. .. .. 163,462 14 6 33,406 5 10 130,056 8 8 28,922 16 7 Mines .. .. .. .. .. .. 32,966 4 2 1,903 18 7 31,062 5 7 28,038 3 8 Transport.. .. .. .. .. .. 81,334 12 7 18,17110 11 63,163 1 8 1,425,451 18 9 Total —Development of Primary and Secondary 2,188,477 11 4 348,257 14 4 1,840,219 17 0 Industries —-— Social Scrviccs 996,839 11 6 Health .. .. .. .. .. .. 1,286,416 3 4 76,675 2 0 1,209,741 1 4 j 334,636 5 9 Mental Hospitals .. .. .. .. .. 608,327 14 5 213,873 11 4 394,454 3 1 | 3,396,234 1 9 Education .. .. .. .. .. 3,988,482 17 0 310,733 10 0 3,677,749 7 0 5,072,735 9 8 Pensions .. .. .. .. .. .. 6,515,683 16 9 49,027 14 11 6,466,656 1 10 112,544 11 11 National Provident and Friendly Societies .. .. 124,557 7 4 839 16 10 123,717 10 6 9,912,990 0 7 Total—Social Services .. .. .. 12,523,467 18 10 651,149 15 1 11,872,318 3 9 Unauthorized Expenditure— 36,790 15 3 Services not provided for .. .. .. .. 240,088 2 8 151,436 12 6 88,651 10 2 16,586,658 15 10 Total, Annual Appropriations .. .. .. 22,450,293 15 10 2,822,149 14 8 19,628,144 1 2 30,675,157 12 2 Carried forward .. .. .. .. 43,998,783 14 7 8,750,162 13 0 35,248,621 1 7

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-1938.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1938, compared with the Year ended 31st March, 1937—continued.

8

ENDED S1OT MAKOH, RECEIPTS. YEAK END 1938. ST MAR0H ' l"oi» £ s. d. £ s. d. £ s. d. 31,626,822 16 1 Brought forward .. .. , .. .. .. .. 37,018,108 5 3 Public Revenues Act, 1926, Section 41, — 11,350,000 0 0 Treasury Bills issued (including issues in renewal)• .. .. .. .. .. 7,400,000 0 0 • New Zealand Loans Act, 1932, —• Reserve Bank of New Zealand Amendment Act, 1936, Section 2, and Reserve Bank of New Zealand Act, 1933, Section 11 —• Stock issued in replacement and purchase of Shares of Reserve Bank of New 625,000 0 0 Zealand .. .. .. .. .. .. .. .. .. .. I 1 I State Advances Corporation Act, 1934-35, Section 8, and State Advances Corporation Act, 1936, Section 4— Stock issued in replacement and purchase of Shares of Mortgage Corporation of 526,555 14 0 New Zealand .. .. .. .. .. .. .. .. State Advances Corporation Act, 1934-35, Section 8, and State Advances Corporation Act, 1936, Section 7— 504,172 15 0 Stock issued .. .. .. .. .. .. .. ! Finance Act, 1930 (No. 2), Section 6, —- 7,000 0 0 Repayment of Advance to Native Trustee .. £44,639,551 5 1 Totals .. .. .. .. .. .. .. £44,418,108 5 3

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 937-1 938.

ORDINARY REVENUE ACCOUNT —continued.

9

Year ! Year ended 81st March, ended 31 st March, 1938 1937. EXPENDITURE. Net - Gross. Credits. ! Net. £ s. d. £ s. d. £ s. d. £ s. d. 30,675,157 12 2 Brought forward .. .. .. .. 43,998,783 14 7 8,750,162 13 0 35,248,621 1 7 Public Revenues Act, 1926, Section 41, — 11,350,000 0 0 Treasury Bills redeemed (including redemptions by renewal) .. .. 7,400,000 0 0 Reserve Bank of New Zealand Amendment Act, 1936, Section 2, — Amount required for Payment to Shareholders of Reserve 421,675 0 0 Bank of New Zealand in Stock issued as per contra Transfer to Deposit Account Reserve Bank Investment Account for Payment to Reserve Bank under Section 3, Re203,325 0 0 serve Bank of New Zealand Amendment Act, 1936 State Advances Corporation Act, 1936, Section 4, — Amount required for Payment to Shareholders of Mortgage 140,310 0 0 Corporation of New Zealand in Stock issued as per contra.. Transfer to Deposits Account State Advances Corporation Investment Account for Payment to State Advances Corporation under Sections 4 and 6, State Advances Corporation 890,418 9 0 Act, 1936 Balance at end of Year, — 805,618 9 1 Cash* .. .. .. .. .. .. •• 998,923 10 3 123,046 14 10 Imprests outstanding .. .. .. .. .. .. 172,406 5 2 1,171,329 15 5 928,665 3 11 ' Investment Account — 30,000 0 0 Securities held .. .. •• •• ■■ •• ! 598,157 8 3 £44,639,551 5 1 Totals .. .. .. .. .. • . £44,418,108 5 3 * This includes Public Account Cash Balance Investments, which it is not possible to allocate to the individual accounts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-1 938.

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

10

ACCOUNTS OF Year Yeas ended 31st Makch, ended 31st Maeoh, RECEIPTS. 1938. £ s. d. Balance at beginning of Year, — £ 3. d. £ s. d. 11,878 18 8 Cash .. .. .. .. .. .. .. .. .. 12,155 1 1 43,944 4 5 Revenue received for Local Bodies .. .. .. . . .. •• 50,218 11 2 Public Revenues Act, 1926, Section 146, — Advance Accounts— 11 13 7 Amounts repaid by Local Bodies £55,834 16 8j Totals .. .. •• .. .. .. £62,373 12 3 ■ ... J_ =» DEPOSITS £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 89,643 19 3 Cash .. .. .. .. .. .. . ■ •• 216,137 14 7 17,084 17 7 Imprests outstanding .. .. .. .. .. .. 213,701 6 5 429,839 1 0 106,728 16 10 I I Investment Accounts — 1,276,660 0 0 Securities held .. .. .. .. .. •• .. 2,284,382 15 1 5,888,874 14 7 Deposits lodged.. .. .. .. .. .. .. .. .. 3,712,089 12 0 £7,272,263 11 5 Totals .. .. •• •• £6,426,311 8 1 — -

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-1938.

Year ended 31st March, 1938, compared with the Year ended 31st March, 1937-continued.

3 —B. 1 [Ft. I].

11

LOCAL BODIES. Year j Year ended 31st March, ended 31st March, 1938. 1937. EXPENDITURE. Net - | Gross. Credits. Net. £ s. d. £ s. d. £ s. d. £ s. d. 43,668 6 2 Revenue paid over to Local Bodies and other Disbursements .. .. .. 45 207 8 0 . Public Revenues Act, 1926, Section 146, — Advance Accounts — 11 9 5 Payments on behalf of Local Bodies .. .. .. .. .. | 75 0 0 I ~~ Balance of Account transferred to Deposits Account, Local Bodies Account .. .. .. .. .. .. .. 17,091 4 3 Balance at end of Year, — 12,155 1 1 Cash* jl £55,834 16 8 Totals .. .. .. .. .. .. £62,373 12 3 1 — — ACCOUNT. £ s. d. £ s. d. £ s. d. £ s. d. 4,558,041 15 4 Deposits refunded .. .. .. .. .. .. 2,485,064 13 11 i J i Balances at end of Year, —- 216,137 14 7 Cash* .. .. .. .. .. .. .. 595,667 18 0 213,701 6 5 Imprests outstanding .. .. .. .. .. .. 255,196 1 1 8 5o 863 19 1 429,839 10 Investment Accounts— 2,284,382 15 1 Securities heldf .. .. .. .. .. .. .. 3,090 382 15 1 1 £7,272,263 11 5 Totals .. .. .. .. .. .. .. £6,426,311 8 1 * This includes Public Account Cash Balance Investments, which it is not possible to allocate to the individual accounts. f Against these investments there is a liability of £2,093,743 9s. represented by Stock issued.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937 -1 938.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1938, compared with the Year ended 31st March, 1937.

12

Yeak yeak ended 31st Makoh, ended 31st Makoh, RECEIPTS. 1938 1937. £ s. d. Balances at beginning of Year, — £ s. d. £ s. d 921,368 11 2 Cash .. .. .. .. .. .. •• •• •• 2,013,888 14 9 4.216 7 0 Imprests outstanding .. .. .. .. .. .. •• 28,792 3 7 ' 2,042,680 18 4 925,584 18 2 Investment Account — 977,066 10 11 Securities held .. .. .. .. .. .. •• •• 75,345 0 0 New Zealand Loans Act, 1932, — Aid to Public Works and Land Settlement Act, 1921— 920 0 0 Stock issued Finance Act, 1924, Section 2 (Public Works) — 4 5 7 Stock issued Finance Act, 1931 (No. 4), Section 2 (Public Works) — 4,710 0 0 Stock issued .. Finance Act (No. 3), 1934, Section 2 (Public Works) — 3,422,918 10 10 Stock issued .. .. .. .. .. •• 480,081 9 2 22,000 0 0 Debentures issued Treasury Bills issued .. .. .. .. .. .. .. 75,000 0 0 Finance Act (No. 2), 1936, Section 2 (Public Works) — Stock issued .. .. •. •. •■ ■ ■ • • ■ • 3,409,644 13 11 Debentures issued .. .. .. .. .. .. •• 10,000 0 0 3,974,726 3 1 3,450,552 16 5 Public Revenues Act, 1926, Section 40, — Temporary transfers from other Accounts .. .. .. .. .. .. 550,000 0 0 Capital Receipts,— 52,988 1 9 Settlement of Unemployed Workers .. .. .. .. .. .. 64,792 9 10 Agriculture (Emergency Powers) Act, 1934, Section 26, — 728 6 0 Repayment of Loans .. .. .. .. ■■ •• .. •• 1,015 16 10 Native Land Amendment Act, 1932, Section 12 (1) (d), — 35,065 10 2 Repayment of advances to the Native Trustee Receipts under the Native Housing Act, 1935.. .. .. .. .. .. ; 533 17 7 1 I 36,630 6. 5 Recoveries on account of Expenditure of previous Years .. .. .. .. 95,920 19 2 Lake Ellesmere and Forsyth Reclamation and Akaroa Railway Trust Account, — 864 6 8 Receipts under Land Act. 1924, Section 383 (2) Finance Act, 1932, Section 7 (4), — 8,697 1 7 Proceeds from the Sale of Lands subject to the Hauraki Plains Act, 1926 .. .. 15,331 14 3 Finance Act, 1932 (No. 2), Section 6, — Transfer from Land for Settlements Account adjusting Small Farms Account interest in Settlement lands now declared Crown lands under Section 49 of the I Land for Settlements Act, 1925, and Section 10 (1) of the Land Laws Amendment Act, 1935 .. .. .. .. .. .. .. ! .. 2,008 11 5 £5,488,177 18 1 Totals .. .. . • .. .. .. £6,822,355 10 6

B.—l [FT. I].

PUBLIC ACCOUNTS, 1937-1938.

GENERAL PURPOSES ACCOUNT.

13

Year Year ended 31st March, ended 31st March, 1938. 1937. EXPENDITURE. Net. Gross. Credits. Net. , — ; — £ s. d. Annual Appropriations, — £ s. d. £ s. d. £ s. d. 137,748 7 7 Vote —Public Works, Departmental .. .. .. 447,351 10 9 260,596 17 3 186,954 13 6 586,981 19 6 „ Railway-construction .. .. .. •• 1,202,138 1 0 81,920 7 4 1,120,217 13 8 432,111 15 4 „ Railways Improvements and Additions to Open Lines.. 1,561,843 16 3 269,071 12 5 1,292,772 3 10 386,025 2 8 „ Public Buildings .. .. .. .. 780,832 11 4 93,130 4 8 687,702 6 8 268,884 9 3 ,, Education Buildings .. .. .. •• 554,758 17 5 7,912 11 1 546,846 6 4 629 18 11 „ Lighthouses .. .. •• 8,264 16 9 4 13 0 8,260 3 9 668 18 9 „ Harbour-works .. .. ■■ •• 11,267 4 7 7,850 0 0 3,417 4 7 16,789 7 9 „ Development of Tourist Resorts .. .. .. 23,534 7 8 375 6 11 23,159 0 9 913,719 16 9 „ Roads, &c 1,297,780 17 10 171,024 0 0 1,126,756 17 10 232,512 8 10 „ Telegraph Extension .. .. •• 531,512 6 11 219,251 14 11 312,260 12 0 62,672 11 4 ,, Lands, Miscellaneous .. .. .. .. 282,815 18 4 135,379 18 10 147,435 19 6 11,061 10 0 ,, Irrigation, Water-supply, and Drainage .. .. 174,961 7 5 103,302 2 7 71,659 4 10 24,964 19 0 „ Swamp Land Drainage .. .. .. .. 30,202 16 1 10,801 2 0 19,401 14 1 92,016 6 8 „ Settlement of Unemployed Workers .. .. 460,264 17 1 149,600 1 2 310,664 15 11 112,318 14 8 ,, Native Land Settlement .. .. .. .. 814,135 8 8 559,308 4 4 254,827 4 4 30,509 11 10 ,, Dairy Industry Loans .. .. .. .. 4,565 0 7 .. 4,565 0 7 ! 3,309,615 18 10 Total, Annual Appropriations .. .. 8,186,429 18 8 2,069,528 16 6 6,116,901 2 2 Unauthorized Expenditure— 21 0 0 Services not provided for .. .. •• •• 1,699 4 3 570 13 9 1,128 10 6 3,309,636 18 10 8,188,129 2 11 2,070,099 10 3 6,118,029 12 8 Lake Ellesmere and Forsyth Reclamation and Akaroa Railway Trust Account,— Expenditure under Land Act, 1924, Section 383 (2) — 43 15 II Administration Expenses Expenditure under Ellesmere Lands Drainage Act, 1905, Section 6 (1) — 439 5 0 Subsidy to Ellesmere Lands Drainage Board .. .. 234 13 4 ■. 234 13 4 483 0 11 234 13 4 234 13 4 Reserves and other Lands Disposal Act, 1936, Section 32, — Part purchase-price of Flock House Estate by issue of 40,000 0 0 Government Stock .. 20,032 0 0 Part purchase-price of Flock House Estate Expenses of the Purchase of Flock House Estate .. .. 230 12 1 .. 230 12 1 60,032 0 0 Public Revenues Act, 1926, Section 40, — Temporary transfers from other Accounts repaid .. .. .. •• 550,000 0 0 Balances at end of Year,— j 2,013,888 14 9 Cash* .. .. .. •• •• . • •• 65,915 13 10 28,792 3 7 Imprests outstanding .. .. .. •• •• •• 71,099 18 7 I 137,015 12 5 I 2,042,680 18 4 Investment Account—75,345 0 0 Securities held .. .. .. .. •• •• 16,845 0 0 (£5,488,177 18 1 Totals .. .. .. .. .. •• £6,822,355 10 6 * This includes Public Account Cash Balance Investments, which it is not possible to allocate to the individual accounts.

B._ 1 [P T. IJ.

PUBLIC ACCOUNTS, 1937-1 9 3 8.

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

14

ELECTRIC SUPPLY Year Year ended 31st March, ended 31st March, RECEIPTS. 1938 1937. £ s. d. Balance at beginning of Year, —• £ s. d. £ s. d. 39,50113 2 Cash .. .. .. .. .. .. .. .. 140,630 12 7 3,101 17 4 Imprests outstanding .. .. .. .. .. .. .. 3,003 0 7 — 143,033 13 2 42,603 10 6 Investment Account— 175,000 0 0 Securities held Southland Electric-power Supply Act, 1936,— Section 3 (2) — 406,792 17 11 Sinking Funds paid in by the Public Trustee Section 8 (2) (6) — 64,698 6 2 Cash Balances taken over from the Southland Electric-power Board .. 45,464 5 10 New Zealand Loans Act, 1932, — Southland Electric-power Supply Act, 1936, Section 10 — 4,590,000 0 0 Treasury Bills issued (including issues in renewal) 45,464 5 10 5,061,491 4 1 State Supply of Electrical Energy Act, 1917, Section 8, — 1,136,421 0 10 Sales of Electrical Energy .. .. .. •• .. 1,384,900 2 2 13,826 8 4 Miscellaneous Receipts .. .. .. .. .. .. ■ 15,557 1 9 j — 1,400,457 3 11 1,150,247 9 2 92 9 9 Recoveries on account of Expenditure of previous Years . . .. . • .. 422 3 2 5,138 7 11 Interest on Investments .. .. .. .. .. .. •• •• 1,828 19 11 £6,434,573 1 5 Totals .. .. .. .. .. .. | •• £1,591,806 6 0 ELECTRIC SUPPLY £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 17,555 5 1 Cash .. •• 13,429 15 1 Southland Electric-power Supply Act, 1936, Section 8 (2) ((/), — 522 4 0 Sinking Funds paid in by the Public Trustee 21 14 4 Interest on Investments £18,099 3 5 Totals .. .. .. .. ■■ •• £13,429 15 1 STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the BANK OF NEW £ s. d. Balance at beginning of Year,— £ s. d. £ s. d. Investment Account — 1,859,375 0 (f Securities held .. .. .. .. •• •• •• 1,859,375 0 0 Financc Act, 1926, Section (8) (3), — 164,062 10 0 Dividends received in terms of Bank of New Zealand Act, 1926, Section 13 .. .. 164,062 10 0 £2,023,437 10 0 Totals .. .. .. ■■ •• •• £2,023,437 10 0

B.—l [FT. I].

PUBLIC ACCOUNTS, 1937-1938.

Year ended 31st March, 1938, compared with the Year ended 31st March, 1937—continued.

15

ACCOUNT. y EAK Year ended 31st March, ended 31st March, 1938. 1937. EXPENDITURE. Net - Gross. Credits. Net. £ s. d. Annual Appropriation, — £ s. d. £ s. d. £ s. d. 763,775 2 7 Vote —Development of Water-power .. .. .. 1,037,062 4 10 29,096 13 3 1,007,965 11 7 534,672 1 5 Interest and other charges on Loans and Capital Liability .. .. .. 520,785 8 5 Southland Electric-power Supply Act, 1936, Section 3,— Finance Act, 1932, Section 55— 380,112 7 2 Exchange on remittances beyond New Zealand .. | Southland Electric-power Supply Act, 1936, Section 3,- — 1,500,000 0 0 Southland Electric-power Board Debentures repaid 51,479 0 3 Southland Eleetric-power Board advances repaid .. .. .. .. New Zealand Loans Act, 1932, — Southland Electric-power Supply Act, 1936, Section 10 —• 3,060,000 0 0 Treasury Bills redeemed (including redemptions by renewal) New Zealand Loans Act, 1932, Section 61, — Charges and Expenses of raising Loans— 892 10 7 Issues in renewal and conversion Finance Act, 1932, Section 55— 8 6 3 Exchange on remittances beyond New Zealand .. 900 16 10 Balances at end of Year, —- 140,630 12 7 Cash* .. .. .. .. .. .. .. 44,198 7 10 3,003 0 7 Imprests outstanding .. .. .. .. .. .. 18,856 18 2 63,055 6 0 143,633 13 2 £6,434,573 1 5 Totals .. .. .. .. .. .. £1,591,806 6 0 SINKING FUND ACCOUNT. £ s. d. £ Si d. | £ s. d. £ s. d. Securities redeemed at maturity,— 4,669 8 4 Stock .. .. .. .. .. .. .. ; .. 1,750 0 0 Balance at end of Year,— 13,429 15 1 Cash* .. .. .. .. .. .. .. .. 11,679 15 1 £18,099 3 5 Totals .. .. .. .. .. .. £13,429 15 1 Year ended 31st March, 1938, compared with the Year ended 31st March, 1937. ZEALAND SHARES ACCOUNT. £ s. d. Finance Act, 1926, Section 8 (3), —- £ s. d. I £ s. d. £ s. d. Transfer to Ordinary Revenue Account of Dividends received 164,062 10 0 in terms of the Bank of New Zealand Act, 1926, Section 13 .. .. j 164,062 10 0 Balance at end of Year, — Investment Account— 1,859,375 0 0 Securities held .. .. .. .. .. .. .. 1,859,375 0 0 £2,023,437 10 0 Totals .. .. .. .. .. .. £2,023,437 10 0 * This includes Public Account Gash Balance Investments which it is not possible to allocate to the individual acconnts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 19 3 7-1 93 8.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1938, compared with the Year ended 31st March, 1937—continued.

16

Ykak Year ended 31st Makoh, endbd 31ST MAKCH, RECEIPTS. 1938. £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 144,273 15 5 Cash .. .. .. .. .. .. .. .. .. 332,572 12 5 7,477 8 10 Imprests outstanding .. .. .. .. .. .. .. 1,434 9 3 334,007 1 8 151,751 4 3 Receipts in respect of Advances, — 746,054 15 7 Repayments of Principal.. .. .. .. .. .. .. 39,881 12 3 405,535 15 4 Interest and Rent .. .. .. .. .. .. .. 23,400 15 8 703 8 2 Miscellaneous .. .. .. .. .. .. . • 783 17 10 64,066 5 9 1,152,293 19 1 ■ 39,274 4 1 Suspense Account (Receipts awaiting allocation) .. .. .. .. 9,009 11 2 Amounts received from State Advances Corporation of New Zealand, — In respect of Corporation Stock .. .. .. .. .. 313,814 5 9 In respect of Profits for Year ended 31st March, 1937 .. .. .. 15,673 14 1 Mortgages and other securities transferred to the State Advances Corporation of New Zealand under the provisions of Section 36 (d) of the State Advances Corporation Act, 1934—35 .. .. .. .. .. .. 11,526,050 5 2 Receipts in respect of Sales of Stock of the State Advances Corporation of New Zealand acquired in exchange for Mortgages transferred to the Corporation in terms of Section 36 (1) of the State Advances Corporation Act, 1934-35 .. 2,700,000 0 0 — 14,555,538 5 0 Finance Act, 1932 (No. 2), Section 6, —- Transfer from Land for Settlements Account in reimbursement of advances on 1,754 16 8 Whangamomona Demonstration Tarm 3,322 10 9 Interest on Investments .. .. .. .. .. . • •• •• 2,072 11 7 ; __ jfl, 348,396 14 10 Totals .. .. .. .. .. £14,964,693 15 2

B.—l [Pt. I].

PUBLIC ACCOUNTS, 1 9 37-1 93 8.

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT.

17

„ i Year ended 31st march, YEAR | 1q oo ENDED 31ST MARCH, liJOO. 1937. EXPENDITURE. Net. Gross. Credits. Net. £ s. d. Annual Appropriation,— £ s. d. £ s. d. £ s. d. 73,007 10 10 Vote —Expenses of Management, &c., of Properties .. .. .. 24,729 17 0 465,895 15 3 Advance* .. .. .. .. •• •• .. .. 5,323 4 10 41,465 15 8 Suspense Accounts (amounts allocated) .. .. .. .. .. 11,185 7 2 Refund to the Consolidated Fund of Moneys paid in respect of Advances obtained by Hypothecation of Securities, — 86,268 9 10 Interest .. .. .. .. •• .. .. .. 54,258 18 1 200,000 0 0 Principal .. .. .. .. .. •• .. .. 2,700,000 0 0 Stock acquired in exchange for Mortgages and other Securities transferred to the State Advances Corporation in terms of Section 38 (1) of the State Advances Corporation Act, 1934^35.. .. . 8,760,000 0 0 Contingent Liability of the State Advances Corporation to the Crown, being difference between the value of Mortgages and other securities taken over and the Stock issued to the Minister of Finance in terms of Section 38 (2) of the State Advances Corporation Act, 1934-35 .. .. .. .. .. 2,766,050 5 2 286,268 9 10 14,280,309 3 3 146,340 5 9 Interest and other Charges on Loans and Capital Liability .. .. .. 103,953 16 3 N.Z. Loans Act, 1932, Section 61,- — Charges and Expenses of raising Loans— 1,411 15 10 Issues in renewal and conversion Balance of Account transferred to Loans Redemption Account .. .. .. 539,192 6 8 I . — —■— Balances at end of Year, — 332,572 12 5 Cash 1,434 9 3 Imprests outstanding .. 334,007 1 8 £1,348,396 14 10 Totals .. .. .. .. .. .. j£14,964,693 15 2

B. —1 [PT. I]

PUBLIC ACCOUNTS, 1937- 193 8.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

18

EMPLOYMENT _ I : ■ " : [ ' 7 YEAR I | YEAR ESDED 31ST MARCH, BNDEP 818T MARCH, j RECEIPTS. 1 qqq 1937. £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 231,702 14 6 Cash .. .. .. .. .. .. .. .. .. 253,220 8 9 8 5 2 Imprests outstanding .. .. .. .. .. .. .. 24 16 0 253,245 4 9 231,710 19 8 Investment Account — 175,000 0 0 Securities held .. .. .. .. .. .. .. ... .. 440,562 0 2 Registration Levy .. .. .. .. .. .. .. .. 448,853 15 7 3,784,402 10 2 Employment Charge .. .. .. .. .. .. .. .. 4,656,165 1 6 33,354 7 10 Miscellaneous .. .. .. .. .. .. .. .. .. 35,296 3 11 1,822 10 8 Interest on Investments .. .. .. .. .. .. .. .. 4,785 12 3 403 7 8 Recoveries on account of Expenditure of Previous Years £4,667,255 16 2 Totals .. .. .. .. .. .. .. £5,398,345 18 0 LAND FOR SETTLEMENTS £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 160,880 13 4 Cash .. .. .. .. .. .. .. .. .. .. 468,237 15 8 Investment Account— 167,865 0 0 Securities held .. .. .. .. .. .. .. .. 16,365 0 0 221,802 18 11 Sales and Capital Receipts .. .. .. .. .. .. .. 394,825 1 10 480,693 10 10 Rents and Interest .. .. .. .. .. .. .. .. 482,013 3 9 101,060 11 5 Sales of Produce, Live-stock, and Miscellaneous Receipts .. .. .. .. 99,279 1 1 Finance Act, 1932, Section 11 (2) (a), — Receipts from Hutt Valley Settlement Lands applied towards purchase-money expended for the acquisition of land subject to the Hutt Valley Land 14,251 15 8 Settlement Act, 1925, or in respect of the preparation of the lands for disposal . . 80,689 14 7 5,657 4 5 Interest on Investments .. .. .. .. .. .. .. .. 8,145 19 1 ! 87 0 0 Recoveries on account of Expenditure of Previous Years £1,152,298 14 7 Totals .. .. .. .. .. ..j .. £1,549,555 16 0

B.—l [PT.II.

PUBLIC ACCOUNTS, 1 9 37- 1 938.

Year ended 31st March, 1938, compared with the Year ended 31st March, 1937—continued.

4 —B. 1 [Fr. I.]

19

PROMOTION FUND. Year ' Year ended 31st March, ended 31st March, 1938 1937. EXPENDITURE. i * Net Gross. Credits. Net. £ s ' d- £ s. d. £ s. d. £ s. d. 76,444 19 2 Administration expenses .. .. .. .. 235,000 0 0 .. 235 000 0 0 Finance Act, 1932, Section 55, —- 123 8 10 Exchange on Remittances beyond New Zealand 2,775,814 7 2 Grants and Payments .. .. .. .. .. 2,594,842 16 7 29,606 7 11 2,565,236 8 8 28,421 2 4 Loans .. .. .. .. .. .. .. 42,769 3 6 1,002 7 6 41,766 16 0 1,533,206 13 11 Allowances .. .. .. .. .. .. 1,398,709 2 2 1 ( ,256 15 8 1,397,452 6 6 Balances at end of Year, — 253,220 8 9 Cash* .. .. .. .. .. .. .. 431,288 5 7 24 16 0 Imprests outstanding .. .. .. .. .. .. 2,602 1 3 433,890 6 10 Investment Account— Securities held .. .. .. .. .. .. ... 725,000 0 0 253,245 4 9 £4,667,255 16 2 Totals .. .. .. .. .. .. £5,398,345 18 0 ACCOUNT. £ s. d. Annual Appropriation,—■ £ s. d. £ s. d. £ s. d. 169,888 0 3 Vote —Land for Settlements .. .. .. .. 266,606 10 9 86 0 8 266,520 10 i 489,217 12 11 Interest and other Charges on Loans and Capital Liability .. .. .. 459 831 17 3 Expenditure charged on proceeds of Sales of Lands, — 6,793 1 5 Crown Lands .. .. .. .. .. .. .. .. 154 475 0 7 Finance Act, 1932 (No. 2), Section 6— 1 1 Transfer to Discharged Soldiers Settlement Account 1,754 16 8 of advances on Whangamomona Demonstration Farm 42 7 8 National Endowment Lands .. .. .. .. | .. .. j 14118 8 > 590 5 154,489 18 3 Balances at end of Year, — 468,237 15 8 Cash* .. .. .. .. .. .. .. .. | 114,408 10 5 j Investment Account— 16,365 0 0 Securities held .. .. .. .. .. .. .. 554,305 0 0 £1,152,298 14 7 Totals .. .. .. .. £1,549,555 16 0 i ~ -11 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 19 3 7-1938.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1938, compared with the Year ended 31st March, 1937—continued.

20

nsDED 31st March, RECEIPTS Year ended 31st March, 1937. ' ly£ >o- £ s. d. Balances at beginning of Year, — £ s. d £ s d 262,037 15 0 Cash .. .. .... .. .... .. .. .. 74,519 5 9 Investment Account— 322,545 0 0 Securities held 17,480,746 4 8 Securities issued in renewal or conversion of Loans .. .. .. .. .. 10,385.976 2 7 637,692 15 4 Securities issued to cover Costs, Ofcarges, and Expenses of Conversion .. .. .. 185 0 0 72,340 0 0 Ordinary Stock issued in exchange or replacement of Death Duty Stock .. .. .. 39,655 0 0 169,905 0 0 Stock issued in exchange for Debentures .. .. .. .. .. .. 113,665 0 0 Debentures issued in exchange for Stock .. .. .. .. .. .. 420 0 0 2,935 0 0 Ordinary Stock issued in replacement of Tax-free Stock .. Amount received in respect of War Expenses to be applied in repayment of War 2,875 12 3 Loans .. .. .. .. .. .. .. .. .. 8,697 19 8 2,012 16 3 Amount received on account of New Zealand's share of German Reparations .. .. 5,478 3 6 Amount transferred from Ordinary Revenue Account for Redemption of Loans, —• 11,095 3 0 Main Highways Account 10,710 0 0 Fruit-preserving Industry Account .. .. .. .. ,. 11,615 12 4 14,310 0 0 Cold Storage Advances Account .. .. .. .. .. .. 421 30,000 0 0 General Purposes Relief Account .. .. .. .. .. .. 40,000 0 0 — — —— 51,619 14 5 66,115 3 0 Amount received from Main Highways Account for Redemption of Main 93,567 0 0 Highways Loans .. .. .. .. .. .. .. .. 99,99200 i Amount received from the Public Trustee on account of Sinking-fund moneys held in respect of Grey mouth Harbour Loans .. .. .. ,. .. .. 111,813 17 5 Amount received from the Public Debt Redemption Fund for redemption of securities .. .. .. .. .. .. .. .. .. 4,000,000 0 0 Amount received from the sale of State Advances Corporation Stock .. .. .. 3,250,000 0 0 Transfer of balance of the Discharged Soldiers Settlement Account to be used for redemption of securities .. .. .. .. .. .. .. .. 539,192 6 8 Amount received from State Advances Office for redemption of securities at or before maturity,— 864,730 0 0 Settlers Branch .. .. .. ., .. .. 40,365 14 11 108,920 0 0 Workers Branch Miscellaneous Branch .. .. .. .. .. ,, 19,480 5 7 j Rural Advances Branch .. .. .. .. .. .. .. 31,500 0 0 — — 91,346 0- 6 973,650 0 0 I Amount received from the British Phosphate Commission for the redemption of Nauru and Ocean Islands Securities in terms of Section 13 (4) of the Finance 30,020 8 10 Act, 1932 .. .. .. .. .. .. .. .. .. 30,892 2 2 Amount transferred from the Samoan Loan Sinking Fund for the redemption .. 4,245 0 0 8,270 0 0 before maturity of securities issued in respect of Samoan Loan Suspense Account .. 500 0 0 Amount received from Samoan Treasury Account for redemption of loans £20,124,712 15 4 Totals .. .. .. .. .. .. j .. £.18,808,197 12 8 _ | 1— =|

£.—1 [PT. I].

PUBLIC ACCOUNTS, 1937-193 8.

LOANS REDEMPTION ACCOUNT.

21

Yeas Year ended sist March, ENDED 31ST MAKCH, 19^8 1937. i EXPENDITURE. [- ' . Net - 1 Gross. Credits. Net. 17,478,684 19 8 Securities renewed or converted .. .. .. .. ,, 8 ' 17 *7 9,539 10 1 Premiums on conversion .. .. .. .. __ jgg q I ' 72,340 0 0 Death Duty Stock exchanged or replaced by Ordinary Stock j .. | .. 39,655 0 0 ' j I 169,905 0 0 Debentures exchanged for Stock .. .. .. .. .. _ jj3 ggg q q Stock exchanged for Debentures .. .. .. .. _ _ _ _ 420 0 0 1,644,930 0 0 Securities redeemed at or before maturity .. .. .. .. 7,409,203 17 5 2,935 0 0 Tax-free Stock replaced by Ordinary Stock .. j 35,305 14 7 War Credits applied in redemption of Loans .. .. .. ! 2 255 0 0 8,400 0 0 Reparation-moneys applied in redemption of Loans .. .. .. 400 y q * Charges and Expenses of raising Loans, — 136,552 5 5 Issues in Renewal and Conversion Finance Act, 1932, Section 55— 491,600 19 10 Exchange on Remittances beyond New Zealand 628,153 5 3 11 Balances at end of Year, — 74,519 5 9 Cash* .. .. .. .. .. .. .. .. 759,623 17 8 Investment Account — Securities held .. .. 100,000 0 0 j£20, 124,712 15 4 Totals .. .. .. .. .. £18,808,197 12 8 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts!

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937- 1938.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1938, compared with the Year ended 31st March, 1937—continued.

22

Year ended 31st March, f?PTPiPTt: Year ended 31st March 1937. 1938. £ s. d. Balances at beginning of Year,— c j „ 74,360 12 9 Cash 71 s«7 n R £ s. d. 15,030 9 10 Imprests outstanding .. .. .. .. _ 2 760 0 0 89,391 2 7 1 — 74,327 0 8 | Public Revenues Act, 1926, Section 40, — I 100,000 0 0 Temporary transfers from other accounts .. .. .. .. .. .. 350 000 0 0 New Zealand Loans Act, 1932, — Main Highways Act, 1922 — | 20,000 0 0 Stock issued .. Finance Act (No. 3), 1934, Section 4— 833,500 0 0 Stock issued .. .. .. .. _ ™ ,, .. Finance Act (No. 2), 1936, Section 3 — •' Stock issued 1,624,400 0 0 853,500 0 0 1,676,800 0 0 j Amounts transferred from the Consolidated Fund,— 138,894 8 10 Customs Duty on Tires .... ,™ ~ t)ll » „ 493 ' 626 5 4 Fees and Fines !! ." " ."j 563!357 18 S 632,520 14 2 721,884 5 7 I 1,321 5 9 Interest on Moneys expended on Purchase of Plant supplied to Local Bodies .. .. 1 531 2 3 Amounts received from Local Bodies in respect of Advances,— 14,803 7 1 Repayment of Advances .. .. 00 r , yu ,, . 3 - 247 19 1 :: :: :: :: VZll t 18,051 6 2 — 26,494 3 4 I 159 0 1 Miscellaneous receipts ■■ ■■ ■■ ■■ ■■ 524 11 6 5 Tax on Motor-spirits,— 1,697,942 3 0 I 92 per cent, of Net Tax transferred from Consolidated Fund .. 1,918,485 17 9 j Mileage Tax and Penalties,— Electrically-propelled Motor-vehicles— 2,485 10 8 92 per cent, of Net Tax transferred from Consolidated Fund 787 8 n Other Motor-vehicles— " " | 804 14 3 92 per cent, of Residue transferred from Consolidated Fund .. .. 5,374 5 1 3,290 4 II 6,161 13 1 3 ' 151 12 6 Recoveries on account of Expenditure of previous Years .. .. • • | 478 15 (j | 305 18 9 Interest on Investments I i I £3,399,633 7 II Totals lotals •• •• • • .. .. .. .. £4,776,687 9 8

B.—l [PT. Ij.

PUBLIC ACCOUNTS, 1937-1938.

MAIN HIGHWAYS ACCOUNT.

23

Year i Year ended 31st March, ended 31st March, 1938. 1937. EXPENDITURE. I Net * Gross. | Credits. Net. £ s. d. Annual Appropriation,— £ s. d. £ s. d. £ s. d. I 2,820,182 4 9 Vote—Main Highways .. .. .. .. .. 4,312,045 18 5 280,317 10 7 4,031,728 7 10 Unauthorized expenditure— 359 14 6 Services not provided for 2,820,541 19 3 4,312,045 18 5 280,317 10 7 4,031,728 7 10 21,072 15 7 Advances to Local Authorities .. .. .. .. .. .. 37,374 7 2 j — —— ! New Zealand Loans Act, 1932, Section 24 (2), — Recoupment to Consolidated Fund of Management Charges of 145 14 6 New Zealand Government securities .. .. .. 1,457 1 2 Payments to Taranaki, Hawera, and Eltham County Councils .. .. .. 1,451 18 4 Public Revenues Act, 1926, Section 40, — 200,000 0 0 Temporary Transfers from other Accounts repaid .. .. .. .. 350,000 0 0 482 3 9 Interest on Temporary Transfers from other Accounts .. .. .. 1,520 10 11 200,482 3 9 .. 351,520 10 11 24,474 6 2 Payments to Wellington City Council .. .. .. .. .. 24,501 11 7 Interest paid to Consolidated Fund on £1,226,000 appropriated out of Public Works Fund and paid into Main Highways 61,300 0 0 Account .. .. .. .. .. .. .. .. 61,300 0 0 — _ Subsidies to Local Bodies under Appropriation Act, 1916, 165,685 2 2 Section 9 .. .. .. .. .. .. .. .. 175,214 15 3 Subsidies to Local Bodies under Municipal Corporations Act, 29,400 4 8 1933, Section 71 .. .. .. .. .. .. .. 31,330 9 2 195,085 6 10 206,545 4 5 New Zealand Loans Act, 1932, Section 61, — Charges and Expenses of raising loans— 747 0 0 Issues in Renewal and Conversion Balances at end of Year, — I 71,567 0 8 Cash* .. .. .. .. .. .. .. 62,265 9 5 2,760 0 0 Imprests outstanding .. | — — 62,265 9 5 74,327 0 8 £3,399,633 7 11 Totals .. .. .. .. .. .. £4,776,687 9 8 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-1 93 8.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

24

PUBLIC DEBT ENDED Jisi'maroii, RECEIPTS YEAR KNU !no : o ST Maech ' 1937. ' lads - £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 106,387 9 5 Gash .. .. .. .. .. .. .. .. .. .. 39,794 11 5 Repayment of the Public Debt Act, 1925, Section 11, — Transfers from the Consolidated Fund in respect of the Public Debt within the meaning of the Act— Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 1,054,311 17 1 outstanding at 31st March, 1937 .. .. .. .. .. 1,076,161 9 5 Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 66,361 4 10 redeemed to 31st March, 1937 .. .. .. .. .. 74,817 3 8 Subsection (6), being 3| per cent, of the amount of the Public Debt redeemed 464,528 14 0 to 31st March, 1937 .. .. .. .. .. .. .. 523,720 5 11 Subsection (b), being 3£ per cent, of the amount of the Public Debt cancelled 39,306 0 4 during the year, computed from the dates of redemption .. .. 5,074 16 10 1,679,773 15 10 1,624,507 16 3 87 15 6 Interest on Investments £1,730,983 1 2 Totals .. .. .. .. .. .. .. £1,719,568 7 3 , REMITTANCES TO £ s. d. Amounts credited to New Zealand Public Account, London, being Amounts remitted £ s. d. £ s. d. 11,349,900 0 0 from Public Account, Wellington .. .. .. .. .. .. .. 9,928,800 0 0 £11,349,900 0 0 Totals .. .. .. .. .. .. .. £9,928,800 0 0 RESERVE FUND £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 27,843 12 1 Cash .. .. .. .. .. .. .. .. .. .. 5,627 4 3 Investment Account— 324,653 14 0 Securities held .. .. .. .. .. .. .. 357,897 0 10 Hawke'g Bay Earthquake,— 16,184 16 10 Repayments of Loans made to Earthquake Sufferers .. .. .. 26,741 14 5 20 0 0 Repayment of Loans made to Local Authorities .. .. .. .. 10 0 0 26,751 14 5 16,204 16 10 Public Revenues Act, 1926, Section 114, — Transfer from Consolidated Fund .. .. .. .. .. .. .. 853,897 0 6 1 £368,702 2 11 Totals .. .. .. .. .. .. .. £1,244,173 0 0

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-1938.

Year ended 31st March, 1938, compared with the Year ended 31st March, 1937—continued.

25

REPAYMENT ACCOUNT. Year Year ended 31st March, i ended 31st March, | 1938 1937. EXPENDITURE. , * Net " Gross. Credits. Net. £ s. d. Securities redeemed and cancelled in terms of Seetion 13 of the £ s. d. £ s. d. £ s. d. Repayment of the Public Debt Act, 1925, — Nominal Value. New Zealand Loans Act, 1932— £ s. d. Debentures .. .. .. .. 500 0 0 .. .. 500 0 0 1,691,188 9 9 Stock .. .. .. .. 1,713,311 3 1 .. .. 1,713,311 3 1 1,713,811 3 1 1,713,811 3 1 Balance at end of Year, — 39,794 11 5 Cash* .. .. .. .. g 757 2 £1,730,983 1 2 Totals .. .. .. .. .. .. £1,719,568 7 3 LONDON ACCOUNT. £ s. d. Amounts withdrawn from Public Account, Wellington, for : £ s. d. ! £ s. d. £ s. d 1.1,349,900 0 0 remittance to New Zealand Public Account, London ... .. .. 9,928 800 0 0 £11,349,900 0 0 Totals .. .. .. .. £9,928,800 0 0 ACCOUNT. £ s. d. | Hawke's Bay Earthquake,— £ s. d. £ s. d. £ s d 2,059 8 11 | Assistance to Earthquake Sufferers .. .. .. 253 6 3 .. 253 6 3 3,000 0 0 ; Transfer to State Advances Account .. .. .. 2,850 0 0 .. 2 850 0 0 118 8 11 Administration Expenses .. . . .. .. 115 7 3 1.21 3 4 Or. ' 5 16 I 6,177 17 10 3,218 13 6 121 3 4 3,097 10 2 Balances at end of Year, — 5,627 4 3 Cash* .. .. .. .. .. 865,178 9 0 Investment Account— 357,897 0 10 Securities held .. .. .. _ 375 q jq £368,702 2 11 Totals £1,244,173 0 0 * This includes 'Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-19 38.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

26

SILVER AND BRONZE yBAR „ Year ended 3ist March, ENDED 31ST MaKCH, -„„O 1QQ7 1938. RECEIPTS. Cash. j Nominal Value. ; Cash. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 634,752 17 4 Cash .. .. .. .. .. .. .. .. .. .. 696,634 14 0 Coinage Act 1933, — New Zealand Coin handed to Banks — 50,500 0 0 Paid for in Cash .. .. .. .. .. .. .. 354,500 0 0 354,500 0 0 7,645 0 0 Proceeds sale of Australian Coin in Australia 32,697 4 10 Received from the Royal Mint, being proceeds of Surplus Bullion 620 5 6 Sales of Crowns and Specimen Sets .. .. .. .. .. 0 15 0 0 15 0 91,462 10 4 Finance Act, 1936 (No. 2), Section 6, — Imperial Bronze Coin handed to Banks— 12,000 0 0 Paid for in cash .. .. .. .. .. .. .. 31,750 0 0 31,750 0 0 £738,215 7 8 Totals .. .. .. .. .. .. £386,250 15 0 £1,082,885 9 0 STATE COALy„ EAI ' _ Year ended 31st March, bnded 31st March, RECEIPTS. ioqr ' 193T. lad0 ' , | £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 12,311 7 3 Cash .. .. .. .. .. .. .. .. 27,602 10 7 760 13 4 Imprests outstanding — 27,602 10 7 13,072 0 7 Investment Account—62,800 0 0 Securities held .. .. .. . .. .. 42,800 0 0 615 19 9 Recoveries on account of Expenditure of previous Years .. .. .. .. 165 14 6 248,667 15 4 Rents, Royalties, Sale of Coal, Coke, Wood, &c. .. .. .. .. .. 269,117 14 3 Housing Loans, — 818 3 4 Repayment of Principal and Interest .. .. .. . . . . .. 854 5 8 2,525 5 7 Interest on Investments .. .. .. .. .. .. .. .. 1,601 15 10 £328,499 4 7 i Totals .. .. .. .. .. .. .. I £342,142 0 10

s—B. 1 [PT. I].

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-1 9 3 8.

Year ended 31st March, 1938, compared with the Year ended 31st March, 1937-continued.

27

COIN ACCOUNT. Year Year ended 31st March. knded 31st March, 1938 1937, PAYMENTS. : Cash. Nominal Value. Cash. £ s. d. Coinage Act, 1933, — £ s. d. £ s. d. £ s. d. New Zealand Coin imported from Royal Mint— Threepences .. .. .. .. •. . • 55 > 500 0 0 Sixpences .. .. .. .. .. .. 51,500 15 0 Shillings .. .. .. .. .. .. 44,500 0 0 Florins . . .. .. .. •. • • 119,000 0 0 Half-crowns .. .. .. .. .. .. 84,000 0 0 354,500 15 0 7,645 0 0 Australian Coin withdrawn from circulation 21.908 11 3 Expenses .. .. .. .. .. .. ■■ •• 63,381 10 6 — ———— Unauthorized Expenditure,— 8,500 0 0 Imperial Bronze Coin imported from Royal Mint Less— Gr. 8,500 0 0 Imperial Bronze Coin handed to Banks, paid for in Cash Finance Act, 1936 (No. 2), Section 6, — 12,000 0 0 Imperial Bronze Coin imported from Royal Mint .. .. • • •• 31,750 0 0 31,750 0 0 27 2 5 Expenses of importing Imperial Bronze Coin .. .. £389 5 1 Less credits in reduction .. . . .. .. 313 10 0 1 75 15 1 . 31,825 15 1 Balance of Account transferred to Deposits Account, Silver and Bronze Coin Account .. 987,678 3 5 I Balance at end of Year, — 696,634 14 0 Cash .. £738,215 7 8 Totals £386,250 15 0 £1,082,885 9 0 MINES ACCOUNT. Year Year ended 31st MarcH; ENDED 31ST MAEOH, 1938. 1937. EXPENDITURE. ' ' ' ' : Net. Gross. Credits. Net. £ s. d. Annual Appropriation,— £ s. d. £ s. d. £ s. d. 245,692 14 4 Vote —State Coal-mines .. .. .. .. 319,383 2 4 1,595 0 11 317,788 1 5 3,225 2 4 Interest and other charges on Loans and Capital Liability .. .. .. 2,873 16 4 Amortization of Debt, — Finance Act, 1928, Section 22 — Transfer to State Coal-mines Sinking Fund Account — Subsection (1) —2 per cent, of amount of Loans raised to 31st March, 1938, less amount redeemed otherwise 4,122 0 5 than from the Sinking Fund .. .. .. .. .. 4,122 0 5 Subsection (3) —4 per cent, of amount redeemed from 4,754 6 2 Sinking Fund to 31st March, 1937 .. .. .. .. .. 5,107 2 2 Subsection (3) —4 per cent, of amount redeemed from 302 10 9 Sinking Fund during the Current Year .. .. .. .. 294 15 4 9,178 17 4 9,523 17 11 Balances at end of Year, — 27,602 10 7 Cash* .. .. .. .. .. .. .. •• 11,956 5 2 Investment Account— 42,800 0 0 Securities held £328,499 4 7 Totals .. .. .. .. .. .. £342,142 0 10 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.

B.- 1 [PT. I].

PUBLIC ACCOUNTS, 1937-1 9 3 8.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

28

STATE COAL-MINES SINKING . Year j Year ended 31st March ended 31st March, RECEIPTS. j 1938. 1937. ■ i £ s. d. Balance at beginning of Year.— £ s. d. £ s. d. 8,821 8 4 Cash .. 9,18112 1 Finance Act, 1928, Section 22, — Transfer from State Coal-mines Account — Subsection (1) —2 per cent, of amount of Loans raised to 31st March, 1938, less 4,122 0 5 amount redeemed otherwise than from the Sinking Fund .. .. j 4,122 0 5 Subsection (3) —4 per cent, of amount redeemed from Sinking Fund to 31st 4,754 6 2 March, 1937 .. .. .. •• •• •• 5,107 2 2 Subsection (3) —4 per cent, of amount redeemed from Sinking Fund during the 302 10 9 Current Year .. .. .. .. .. . ■ • • 294 15 4 9,523 17 11 9,178 17 4 16 5 Interest on Investments £18,001 12 1 Totals . . . . . . .. .. • • • ■ £18,705 10 0 STATE FORESTS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 13,991 14 2 Cash .. .. .. .. •• •• •• •• 45,352 5 0 573 12 6 Imprests outstanding 45,352 5 0 14,565 6 8 New Zealand Loans Act, 1932, — Forests Act, 1921-22— Finance Act, 1930 (No. 2), Section 5 — j 136,000 0 0 Stock issued .. .. .. ■■ •• •• •• -• | 200,000 0 0 Public Revenues Act, 1926, Section 40, — 20,000 0 0 Temporary Transfer from other Accounts .. 603 19 2 Recoveries on account of Expenditure of previous Years .. .. .. .. 128 11 4 | « 7,097 8 11 Receipts from Nurseries and Plantations .. .. .. .. .. •• 8,557 18 2 2,066 14 4 Miscellaneous Receipts .. .. .. ... •• •• 3,164 3 8 I 79,456 2 9 Receipts from Indigenous Forests .. .. .. ... •• •• •• 82,800 16 6 43,582 15 8 Receipts from National Endowment Indigenous Forests .. .. .. .. 49,532 2 7 Deduction for Administration Expenses in respect of Lands administered by the 1,560 6 7 State Forest Service .. .. .. •• •• •• •• 1,213 18 0 26 19 8 Interest on Investments £304,959 13 9 Totals . ■ ■ ■ • • • • • - £390,749 15 3

B.—l [PT. I].

PUBLIC ACCOUNTS, 19 3 7-1 93 8.

Year ended 31st March, 1938, compared with the Year ended 31st March, 1937-continued.

29

FUND ACCOUNT. Year Yeah ended 31st Maboh, ended 31st March, 1938. 1937. EXPENDITURE. Net - Gross. | Credits. Net. £ s. d. Finance Act, 1928, Section 22 (2), — £ s. d. £ s. d. | £ s. d. New Zealand Loans Act, 1932, Section 58— Securities redeemed before maturity— 8,820 0 0 Stock .. .. .. .. .. .. .. .. 9,180 0 0 Balance at end of Year, — 9,181 12 1 Cash* .. .. .. .. .. .. .. .. 9,525 10 0 £18,00112 1 Totals .. .. .. .. £18,705 10 0 ACCOUNT. £ s. d. Annual Appropriation,— £ s. d. £ s. d. £ s. d. 227,842 9 7 Vote—State Forest Service .. .. .. 348,987 15 5 67,854 19 1 281,132 16 4 Unauthorized expenditure— 30 0 0 Services not provided for .. .. .. .. 19 7 0 14 2 3 5 4 9 227,872 9 7 349,007 2 5 67,869 1 4 281,138 1 1 Public Revenues Act, 1926, Section 40, — 20,000 0 0 Temporary Transfers from other Accounts repaid .. 6 11 6 Interest on Temporary Transfers from other Accounts .. 20,006 U 6 195 0 5 Interest and other charges on Loans and Capital Liability .. .. .. 262 16 7 j j Forests Act, 1921-22, Section 39 (2), — 10,934 1 7 Transfer to Consolidated Fund of National Endowment Revenue .. .. 16,457 10 1 I New Zealand Loans Act, 1932, Section 61, — Charges and Expenses of raising Loans — 599 5 8 Issues in Renewal and Conversion Balances at end of Year,— 45,352 5 0 Cash* .. .. .. .. .. .. .. 92,881 1 4 Imprests outstanding .. .. .. .. .. .. 10 6 2 92,891 7 6 £304,959 13 9 Totals .. .. .. .. .. .. £390,749 15 3 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-1 9 38.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1938, compared with the Year ended 31st, March, 1937—continued.

PUBLIC ACCOUNT CASH BALANCE

30

¥ear Year ended 31st March, ended 31st March, RECEIPTS. 1938. i <70 I i £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 1,039,356 19 0 Cash .. .. .. .. .. .. .. .. .. 615,012 16 11 107,268 14 1 Imprests outstanding .. .. .. .. .. .. .. 58,240 18 2 j 673,253 15 1 1,146,625 13 1 Investment Account — 615,940 0 0 Securities held .. .. .. .. .. .. .. 587,940 0 0 34,090 9 9 Securities held on behalf of Railways Employees'Sick Benefit Fund .. 40,545 5 2 628,485 5 2 650,030 9 9 7,513,934 11 2 Railway Revenue .. .. .. .. .. .. . . .. 8,321,767 15 5 30,800 12 7 Interest on Investments .. .. .. .. .. .. .. .. 21,853 18 10 Railways Employees' Sick Benefit Fund, — 8,000 0 0 Subsidy from Working Railways Account .. .. .. .. .. 8,000 0 0 1,254 15 5 Interest on Investments .. .. .. .. .. .. .. 1,470 18 1 — 9,470 18 1 9,254 15 5 £9,350,646 2 0 Totals .. .. .. .. .. .. .. £9,654,831 12 7

Year Year ended 31st March, ended 31st March, RECEIPTS. 1938. 1937. £ s. d. Balances at beginning of Year, — £ s. d. Dr. 20,000 0 0 Cash .. .. .. .. .. .. .. . • Dr.200,000 0 0 Investment Account— 20,000 0 0 Securities held .. .. .. . . • • • • • • ■ • 200,000 0 0 Totals

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 9 37-1938.

WORKING RAILWAYS ACCOUNT.

INVESTMENT ACCOUNT.

G. C. Rodda, Secretary to the Treasury. B. C. Ashwin, Accountant to the Treasury. The Treasury, Wellington, 3rd June, 1938. The foregoing accounts have been examined and found correct. J. H. Fowler, Controller and Auditor-General. 10th June, 1938. JJote. This certificate is given subject to the filial audit of certain vouchers, which, owing to the post-audit system provided for by the Public Revenues Act, 1926, cannot be completely, audited before the date at which the abstract is required by the Act to be certified.

31

Year ! Year ended 31st March, ended 31st March, 1938. 1937. EXPENDITURE. j Net. Gross. Credits. Net. £ s. d. Annual Appropriation,— £ s. d. £ s. d. £ s. d. 7,136,407 9 9 Vote-Working Railways 9,412,960 17 4 1,456,161 1 5 7,956,799 15 11 Unauthorized expenditure — 641 8 3 Services not provided for . . .. . . .. 144 0 6 144 0 6 7,137,048 18 0 9,413,104 17 10 1,456,305 1 11 7,956,799 15 11 903,858 3 9 Interest on Capital Moneys expended on Railways (on account).. .. .. 632,796 17 3 8,000 0 0 Subsidy to Railways Employees'Sick Benefit Fund .. .. .. .. 8,000 0 0 Balances at end of Year, — 615,012 16 11 Cash* .. .. .. .. •• •• •• 630,239 3 9 58,240 18 2 Imprests outstanding .. .. .. .. .. 130,079 12 5 760,318 16 2 673,253 15 1 Investment Account— 587,940 0 0 Securities held .. .. .. •• •• 250,000 0 0 Securities held on behalf of Railways Employees' Sick 40,545 5 2 Benefit Fund .. .. .. .. .. • • 46,916 3 3 | — 296,916 3 3 628,485 5 2 j£9,350,646 2 0 Totals .. .. .. .. .. .. £9,654,831 12 7^ * This includes Public Account Cash Balance InYestments, which it is not possible to allocate to the individual accounts.

Year Year ended 81st Makoh. ended 31st March, EXPENDITURE 1938 1937. £ a. d. Balances at end of Year, — £ s. d. X>/\200,000 0 0 Cash .. .. .. •• •• •• •• •• •• Z>r.920,000 0 0 Investment Account — 200,000 0 0 Securities held .. .. .. .. •• •• ■■ 920,000 0 0 Totals

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-19 38.

SUMMARY of CASH and IMPREST BALANCES at 31st MARCH, 1938.

SUMMARY of INVESTMENTS held at 31st MARCH, 1938.

32

I I Account. Cash.* Imprests. ' Total. Consolidated Fund £ s. d. £ s. d. £ s. d. Ordinary Revenue Account .. .. 998,923 10 3 172,406 5 2 1,171,329 15 5 Deposits Account .. .. .. 595,667 18 0 255,196 1 1 850,863 19 1 1,594,591 8 3 | 427,602 6 3 2,022,193 14 6 Public Works Fund : — General Purposes Account .. .. . . 65,915 13 10 71,099 18 7 137,015 12 5 Electric Supply Account .. .. 44,198 7 10 18,856 18 2 | 63,055 6 0 Electric Supply Sinking Fund Account.. .. 11,679 15 1 .. ! 11,679 15 1 121,793 16 9 89,956 16 9 211,750 13 6 ; —| i ! - • j Employment Promotion Fund .. .. 431,288 5 7 2,602 1 3 j 433,890 6 10 Land fob Settlements Account .. . . 114,408 10 5 .. 114,408 10 5 Loans Redemption Account .. .. .. .. 759,623 17 8 .. 759,623 17 8 Main Highways Account .. .. .. .. 62,265 9 5 .. i 62,265 9 5 Public Debt Repayment Account .. .. 5,757 4 2 .. j 5,757 4 2 Reserve Fund Account .. .. .. .. 865,178 9 0 .. 865,178 9 0 State Coal-mines Account .. .. .. .. 11,956 5 2' .. 11,956 5 2 State Coal-mines Sinking Fund Account .. .. 9,525 10 0 .. 9,525 10 0 State Forests Account .. .. .. .. 92,881 1 4 10 6 2 92,891 7 6 Working Railways Account .. .. .. 630,239 3 9 130,079 12 5 760,318 16 2 Public Account Cash Balance Investment Account .. Dr.920,000 0 0 .. ZV.920,000 0 0 Totals .. .. .. .. £3,779,509 1 6 £650,251 2 10 £4,429,760 4 4 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.

Account. Government Other ' Total Securities. ! Securities- Investments. Consolidated Fund : — £ s. d. £ s. d. £ s. d. Ordinary Revenue Account .. .. .. 523,157 8 3 75,000 0 0 598,157 8 3 Deposits Account .. .. .. .. 986,139 6 1 2,104,243 9 0 3,090,382 15 1 1,509,296 14 4 2,179,243 9 0 3,688,540 3 4 Public Works Fund :— General Purposes Account .. .. .. .. .. 16,845 0 0 16,845 0 0 Bank of New Zealand Shares Account .. .. .. 1,859,375 0 0 1,859 375 0 0 Employment Promotion Fund .. .. .. .. 725,000 0 0 .. '725'000 0 0 Land tor Settlements Account .. .. .. 537,940 0 0 16,365 0 0 554'305 0 0 Loans Redemption Account .. .. .. .. 100,000 0 0 .. 100,000 0 0 Reserve Fund Account .. .. .. .. .. 375,897 0 10 375,897 0 10 Working Railways Account .. .. .. .. 250,000 0 0 46,916 3 3 296,916 3 3 Public Account Cash Balance Investment Account .. .. 920,000 0 0 920,000 0 0 Totals •• •• •• £3,122,236X4 4 £5,414,641 13 1 £8,536,878 7 5fj j t Against these investments there is a loan liability of £3,122,236 14s. 4cl., corresponding to the amount of investments in Government securities and a further loan liability of £1,000,000 represented by stock issued to the Eeserve Bank.

STATEMENT showing the ISSUES from the CONSOLIDATED FUND for the FINANCIAL YEAR ended 31st March, 1938, compared with the Sums voted under the Appropriation Act, 1937.

B.—l [Pt. I].

PUBLIC ACCOUNTS, 193 7-1 938.

33

(Under Section 86 of the Public Revenues Act, 1926.) [ g j | Amount voted. | ! Credits-in-aid | Credits-in-aid 1 » . I j „ Amount , issued in i Credits-in-aid received in j estimated i g Account and Vote. , Expenditure. Unissued. Excess. i estimated.* Excess op i but not o J Annual Vote. | tw™'™ Total voted. j | Estimate.! j received. Obdinaky Revenue Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 1 Legislative .. .. .. .. 114,161 0 0 1,357 0 0 115,518 0 0 103,632 2 10 11,885 17 2 .. 1,357 0 0 7 3 9 2 Prime Minister's Department .. .. 26,053 0 0 .. 26,053 0 0 23,167 5 8 2,885 14 4 3 Treasury .. .. .. .. 42,949 0 0 4,983 0 0 47,932 0 0 46,864 19 6 1,067 0 6 .. 4,983 0 0 861 15 10 4 Customs.. .. .. .. .. 132,637 0 0 21,720 0 0 154,357 0 0 150,752 9 5 3,604 10 7 .. 21,720 0 0 2,408 3 9 5 Land and Income Tax .. .. .. 169,330 0 0 1,393 18 6 170,723 18 6 167,391 15 3 3,332 3 3 .. 1,965 0 0 .. 571 1 6 6 Stamp Duties .. .. .. .. 100,262 0 0 570 5 7 100,832 5 7 100,611 11 8 220 13 11 .. 1,350 0 0 .. 779 14 5 7 Audit .. .. .. .. .. 46,104 0 0 33,000 0 0 79,104 0 0 76,083 8 6 3,020 11 6 .. 33,000 0 0 3,123 10 7 8 Public Service Commissioners' Office .. 10,251 0 0 400 0 0 10,651 0 0 10,778 19 2 .. 127 19 2 400 0 0 465 19 1} 9 Internal Affairs .. .. .. .. 472,534 0 0 100,772 0 0 573,306 0 0 615.104 4 7 .. 41,798 4 7 100,772 0 0 4,749 15 10} 10 External Affairs .. .. .. .. 250,766 0 0 34,000 0 0 284,766 0 0 282,594 0 7 2,171 19 5 .. 34,000 0 0 6,954 7 3 11 Printing and Stationery .. .. .. 264,539 0 0 .. 264,539 0 0 275,851 13 10 .. 11,312 13 10 12 Marine .. .. .. .. .. 173,424 0 0 3,675 0 0 177,099 0 0 162,374 3 11 14,724 16 1 .. 3,675 0 0 896 2 5 13 Labour .. .. .. .. .. 137,005 0 0 238,583 0 0 375,588 0 0 382,196 2 1 .. 6,608 2 1 238,583 0 0 737 4 2} 14 Native .. .. .. .. .. 154,597 0 0 32,751 9 1 187,348 9 1 188.077 12 4 .. 729 3 3 33,347 0 0 .. 595 10 11 15 Valuation .. .. .. .. 62,770 0 0 15,787 19 10 78,557 19 10 68,279 12 11 10,278 6 11 .. 15,800 0 0 .. 12 0 2 16 Electoral .. .. .. .. 10,042 0 0 25 0 0 10,067 0 0 6,599 12 8 3,467 7 4 .. 25 0 0 61 10 0 17 Census and Statistics .. .. .. 34,909 0 0 2,205 0 0 37,114 0 0 34,508 13 4 2,605 6 8 .. 2,205 0 0 43 8 8 18 Justice and Prisons .. .. .. 333,726 0 0 82.271 0 0 415,997 0 0 419,229 2 10 .. 3,232 2 10 82,557 0 0 .. 286 0 0 19 Crown Law Office.. .. .. .. 7,989 0 0 200 0 0 8,189 0 0 8,406 7 2 .. 217 7 2 200 0 0 623 3 8} 20 Police .. .. .. .. .. 610,916 0 0 4,511 0 0 615,427 0 0 607,109 16 8 8,317 3 4 .. 4,511 0 0 1,116 14 2 21 Navy .. .. .. .. .. 739,851 0 0 49,081 0 0 788,932 0 0 825,561 16 7 .. 36,629 16 7 49,081 0 0 15.951 8 5} 22 Army .. .. .. .. .. 550,000 0 0 16,069 0 0 566,069 0 0 560,461 4 0 5,607 16 0 .. 16,069 0 0 14,759 14 10 23 Air .. .. .. .. .. 315,000 0 0 8,230 4 7 323,230 4 7 321,881 15 6 1,348 9 1 .. 23,000 0 0 14,769 15 5 24 Maintenance of Public Works and Services .. 1,178,300 0 0 742,500 0 0 1,920,800 0 0 2,060,741 12 0 .. 139,941 12 0 742,500 0 0 224,459 12 9} 25 Lands and Survey .. .. .. 402,277 0 0 69,203 0 0 471,480 0 0 454,617 9 9 16,862 10 3 .. 69,203 0 0 440 12 1 26 Agriculture .. .. .. .. 876,765 0 0 182,712 18 2 1,059,477 18 2 1,028,131 13 8 31,346 4 6 .. 209,208 0 0 .. 26,495 1 10 27 Industries and Commerce, Tourist and Publicity 394,620 0 0 38,383 0 0 433,003 0 0 427,964 16 8 5,038 3 4 .. 38,383 0 0 4,036 8 9 28 Scientific and Industrial Research .. .. 136,544 0 0 33,406 5 10 169,950 5 10 . 163,462 14 6 6,487 11 4 .. 35,713 0 0 .. 2,306 14 2 29 Mines .. .. .. .. .. 46,381 0 0 1,903 18 7 48,284 18 7 32,966 4 2 15,318 14 5 .. 1,915 0 0 .. 11 1 5 30 Transport .. .. .. .. 68,051 0 0 18,171 10 11 86,222 10 11 81,334 12 7 4,887 18 4 .. 20,001 0 0 .. 1,829 9 1 31 Health .. .. .. .. .. 1,150,230 0 0 69,670 0 0 1,219,900 0 0 1,286.416 3 4 .. 66,516 3 4 69,670 0 0 7,005 2 0} 132 Mental Hospitals .. .. .. .. 404,173 0 0 195,444 0 0 599,617 0 0 608,327 14 5 .. 8,710 14 5 195,444 0 0 18,429 11 4} 33 Education .. .. .. .. 3,816.970 0 0 264,578 0 0 4,081,548 0 0 3,988,482 17 0 93,065 3 0 .. 264,578 0 0 46,155 10 0 34 Pensions.. .. .. .. .. 6,612,919 0 0 48,375 0 0 6,661,294 0 0 6,515,683 16 9 145,610 3 3 .. 48,375 0 0 652 14 11 35 National Provident and Eriendly Societies .. 123,803 0 0 839 16 10 124,642 16 10 124,557 7 4 85 9 6 .. 1,256 0 0 .. 416 3 2 | .. Services not provided for .. £240,088 2 8 Less amounts recovered or transferred to votes 151,436 12 6 .. .. .. 88,651 10 2 I ; Totals .. .. .. 19,970,848 0 0 2,316,773 7 11 22,287,621 7 11 22,298,857 3 4 393,239 14 0 315,823 19 3 2,364,846 0 0 353,939 14 3 48,072 12 1 * 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. t 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. J Excess credits as follow were made available in accordance with section 51, subsection (3), of the Public Revenues Act, 1926: Vote No. 8, £127 19s. 2d.: Wo. 9, £4,749 15s. lOd.; No. 13, £737 4s. 2d.; No. 19, £217 7s. 2d.; No. 21, £15,951 8s. 5d.; No. 24, £139,941 12s. 0d.; No. 31, £7,005 2s. Od.; No. 32, £8,710 14s. 5d.

B.—l [PT. I].

STATEMENT showing the ISSUES from the PUBLIC WORKS FUND for the FINANCIAL YEAR ended 31st March, 1938, compared with the Sums voted under the Appropriation Act, 1937.

PUBLIC ACCOUNTS, 1937 - 1 938.

34

(Under Section 86 of the Public Revenues Act, 1926.) ] g" I ■ | Amount toted. ! I I Credits-in-aid j Credits-in-aid ■ I Amount ' Issued ! Credits-in-aid 1 received is estimated but ! S ! Account and Vote. j , „ I Expenditure. Unissued. in excess. I estimated.* Excess oe not j O J | ANNUAL VOTE. j VOTED I TOTAL VOTED. : j ESTIMATE.f RECEIVED. General Purposes Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s d. £ s. d £ s. d. £ s. d. £ s. d. 36 Public Works, Departmental .. .. 194,810 0 0 206,800 0 0 401,610 0 0 447,551 10 9 .. 45,941 10 9 206,800 0 0 53,796 17 3} 37 Railway-construction .. .. .. 1,293,025 0 0 65,500 0 0 1,358,525 0 0 1,202,138 1 0 156,386 19 0 .. 65,500 0 0 16,420 7 4 38 Railways Improvements and Additions to Open Lines.. .. .. .. .. 2,203,457 0 0 219,900 0 0 2,423,357 0 0 1,561,843 16 3 861,513 3 9 .. 219,900 0 0 49,171 12 5 39 Public Buildings .. .. .. .. 1,229,960 0 0 93,130 4 8 1,323,090 4 8 780,832 11 4 542,257 13 4 .. 112,600 0 0 .. 19,469 15 4 40 Education Buildings .. .. .. 552,000 0 0 7,000 0 0 559,000 0 0 554,758 17 5 4,241 2 7 .. 7,000 0 0 912 11 1 .. 41 Lighthouses .. .. .. .. 32,090 0 0 4 13 0 32,094 13 0 8,264 16 9 23,829 16 3 .. 10 0 0 .. 5 7 0 42 Harbour-works .. .. .. .. 5,000 0 0 7,850 0 0 12,850 0 0 11,267 4 7 1,582 15 5 .. 8,750 0 0 .. 900 0 0 43 Development of Tourist Resorts .. .. 45,375 0 0 375 6 11 45,750 6 11 23,534 7 8 22,215 19 3 .. 1,000 0 0 .. 624 13 1 44 Roads, &c. .. .. .. .. 1,493,360 0 0 94,000 0 0 1,587,360 0 0 1,297,780 17 10 289,579 2 2 .. 94,000 0 0 77,024 0 0 45 Telegraph Extension .. .. .. 750,000 0 0 150,000 0 0 900.000 0 0 531,512 6 11 368,487 13 1 .. 150,000 0 0 69,251 14 11 46 Lands, Miscellaneous .. .. .. 157,325 0 0 120,250 0 0 277,575 0 0 282,815 18 4 .. 5,240 18 4 120,250 0 0 15,129 18 10} 47 Irrigation, Water-supply, and Drainage .. 145,000 0 0 102,000 0 0 247,000 0 0 174,961 7 5 72,038 12 7 .. 102,000 0 0 1,302 2 7 48 Swamp Land Drainage .. .. .. 23,000 0 0 9,500 0 0 32,500 0 0 30,202 16 1 2,297 3 11 .. 9,500 0 0 1,301 2 0 49 Settlement of Unemployed Workers.. .. 302,500 0 0 149,600 1 2 452,100 1 2 460,264 17 1 .. 8,164 15 11 186,000 0 0 .. 36,399 18 10 50 Native Land Settlement .. .. .. 250,000 0 0 497,000 0 0 747,000 0 0 814,135 8 8 .. 67,135 8 8 497.000 0 0 62,308 4 4} 51 Dairy Industry Loans . . .. .. 30,000 0 0 .. 30,000 0 0 4,565 0 7 25,434 19 5 .. 100 0 0 .. 100 0 0 Services not provided for .. £1,699 4 3 Less amounts recovered or transferred to votes .. 570 13 9 .. .. .. 1,128 10 6 .. .. .. Totals '.. .. .. 8,706,902 0 0 1,722,910 5 9 10,429,812 5 9 8,187,558 9 2 2,369,865 0 9 126,482 13 8 1,780,410 0 0 346,618 10 9 57,499 14 3 Electric Supply Account. 52 Development of Water-power .. .. 1,370,000 0 0 15,000 0 0 1,385,000 0 0 1,037,062 4 10 347,937 15 2 .. 15,000 0 0 14,096 13 3 * 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. t 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. J Excess credits as follow were made available in accordance with section 51, subsection (3), of the Public Revenues Act, 1926: Vote No. 36, £45,941 10s. 9d. ; No. 46, £5,240 18s. 4d. ; No. 50, £62,308 4s. 4d.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-193 8.

STATEMENT showing the ISSUES from SEPARATE ACCOUNTS for the FINANCIAL YEAR ended 31st March, 1938, compared with the Sums voted under the Appropriation Act, 1937.

6 —B. 1 [PT. I].

35

(Under Section 86 of the Public Revenues Act, 1926.) 2 Amount voted. i Credits-in-aid Credits-in-aid H ACCOUNT ANT) VOTE EXPENDITURE AMOUNT ISSUED IN CREDITS-IN-AID j RECEIVED ESTIMATED H ACCOUNT AND VOTE. i mi , 1T Vrin CREDITS-IN-AID | T n>rlT vnTun EXPENDITURE. UNISSUED. EXCESS. ESTIMATED.* j IN EXCESS OF BUT NOT O ANNUAL VOTE. VOTED. j J-OTA 1 VOTED. | ESTIMATE.! RECEIVED. Discharged Soldiers Settlement Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 53 Expenses of Management, &c., of Properties .. 25,000 0 0 .. 25,000 0 0 24,729 17 0 270 3 0 Land for Settlements Account. 54 Land for Settlements .. .. .. 465,000 0 0 86 0 8 465,086 0 8 266,606 10 9 198,479 9 11 .. 100 0 0 .. 13 19 4 Main Highways Account. 55 Main Highways .. .. .. .. 4,165,200 0 0 280,317 10 7 4,445,517 10 7 4,312,045 18 5 133,471 12 2 .. 300,000 0 0 .. 19,682 9 5 State Coal-mines Account. 56 State Coal-mines .. .. .. .. 336,811 0 0 1,450 0 0 338,261 0 0 319,383 2 4 18,877 17 8 .. 1,450 0 0 145 0 11 State Forests Account. 57 State Forest Service .. .. .. 400,760 0 0 67,854 19 1 468,614 19 1 348,987 15 5 119,627 3 8 .. 87,792 0 0 .. 19,937 0 11 Services not provided for .. £19 7 0 Less amount recovered . . 14 2 3 .. .. .. 5 4 9 Totals .. .. .. 400,760 0 0 67,854 19 1 468,614 19 1 348,993 0 2 119,627 3 8 .. 87,792 0 0 .. 19,937 0 11 Working Railways Account. 58 Working Railways .. .. .. 7,779,665 0 0 1,066,350 0 0 9,023,149 15 11J 9,412,960 17 4 .. 389,811 1 5 1,066,350 0 0 389,811 1 5§ Services not provided for .. £144 0 6 Less amount recovered .. 144 0 6 Totals .. .. .. 7,779,665 0 0 1,066,350 0 0 9,023,149 15 11 9,412,960 17 4 .. 389,811 1 5 1,066,350 0 0 389,811 15 ... * 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. + These credits have not heen appropriated, and are not available for expenditure except under the provisions of section 51. subsection (3), of the Public Revenues Act, 1926. $ Includes £177,134 15s. lid. additional amount appropriated in terms of section 50 of the Public Revenues Act, 1926. § Excess credits as follows were made available in accordance with section 51, subsection (3), of the Public Revenues Act, 1926. Vote No. 58, £389,811 Is. 5d.

B. —1 [Pt. I].

STATEMENT showing the ISSUES from ACCOUNTS OUTSIDE THE PUBLIC ACCOUNT for the FINANCIAL YEAR ended 31st March, 1938, compared with the Sums voted under the Appropriation Act, 1937.

PUBLIC ACCOUNTS, 1937-1938.

36

(Under Section 86 of the Public Revenues Act, 1926.) o to amount voted. Credits- in- aid craDrrs-m-Am g Account and Vote. ; expenditure Amount Issued in Credits-in-aid received m but o „ Credits-in-aid unissued. Excess. estimated.* in Excess of > Annual Vote. | AID Total voted. Estimate.! 0 received. L, ' ' i Post Office Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 59 Post and Telegraph Working-expenses .. 3,611,981 0 0 199,520 12 8 3,811,501 12 8 3,788,307 7 7 23,194 5 1 .. 227,000 0 0 .. 27,479 7 4 Services not provided for .. .. .. .. .. .. 871 7 0.. Totals .. .. .. 3,611,981 0 0 199,520 12 8 3,811,501 12 8 3,789,178 14 7 23,194 5 1 .. 227,000 0 0 .. 27,479 7 4 Public Trustee's Account. 60 Public Trust Office .. .. .. 354,614 0 0 .. 354,614 0 0 351,809 5 4 2,804 14 8 Services not provided for .. .. .. .. .. .. 8 10 10 Totals .. .. .. 354,614 0 0 .. 354,614 0 0 351,817 16 2 2,804 14 8 Native Trustee's Account. 61 Native Trust Office .. .. .. 15,200 0 0 .. 15,200 0 0 14,296 13 10 903 6 2 .. Services not provided for .. .. . . .. . . .. 500 0 0 Totals .. .. .. 15,200 0 0 .. 15,200 0 0 14,796 13 10 903 6 2 Government Insurance Account. 62 Government Insurance .. .. .. 326,573 0 0 400 0 0 326,973 0 0 254,229 8 11 72,743 11 1 .. 400 0 0 488 17 5 .. Services not provided for .. £881 7 2 Less amounts recovered or transferred to vote .. 33 0 0 • • ■ • ■ • 848 7 2 .. Totals .. .. .. 326,573 0 0 400 0 0 326,973 0 0 255,077 16 1 72,743 11 1 .. 400 0 0 488 17 5 Public Service Superannuation Fund Account. 63 Public Service Superannuation Fund Office .. 8,799 0 0 50 0 0 8,849 0 0 8,050 1 11 798 18 1 .. 50 0 0 6 12 11 State Fire Insurance Account. 64 State Fire Insurance .. .. .. 115,341 0 0 16,895 0 0 132,236 0 0 93,636 4 10 38,599 15 2 .. 17,100 0 0 .. 205 0 0 Government Accident Insurance Account. 65 Government Accident Insurance .. .. 28,990 0 0 .. 28,990 0 0 28,568 0 2 421 19 10 .. 50 0 0 .. 50 0 0 State Advances Account. 66 State Advances .. .. .. .. 1,867 0 0 .. 1,867 0 0 1,977 6 4 .. 110 6 4 Services not provided for .. £22 5 0 ■ Less amounts recovered or transferred to vote .. 22 5 0 ifcese 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. t These credits have not been appropriated, and are not available for expenditure excep t under the provisions of section 51, subsection (3), of the Public Revenues Act, 1926.

STATEMENT showing the ISSUES from ACCOUNTS OUTSIDE THE PUBLIC ACCOUNT for the FINANCIAL YEAR ended 31st March, 1938, compared with the Sums voted under the Appropriation Act, 1937— continued.

PUBLIC ACCOUNTS, 1 937-1 938.

B.—l [Pt. I].

G. C. Rodda, Examined and found correct. Secretary to the Treasury. J. H. Fowler, B. C. Ashwin, Controller and Auditor-General. Accountant to the Treasury. The Treasury, Wellington, 15th July, 1938.

37

(Under Section 86 of the Public Revenues Act, 1926.) 2 Amount Voted. i | Credits-in-Aid IN , Tn , ,, Amount issued in | Ckedits-in-aid j Received "\riz, a Account and Vote. | „ Expenditure. unissutd. Excess. j estimated.* ; in excess or noteeceiye™ o Annual Vote. Total Voted. estimate.! not j VUlfii'. £ s. d. £ s. d. £ s. d. £ s d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Dairy Industry Account. 67 Dairy Industry .. .. £ s. d. 62,576 0 0 1,069 19 11 63,645 19 11 60,057 13 7 3,588 6 4 .. 1,300 0 0 .. 230 0 1 Services not provided for .. 63,456 16 1 Less amount recovered from Internal Marketing Account 63,456 16 1 Internal Marketing Account. 68 Internal Marketing .. .. .. 24,450 0 0 250 0 0 24,700 0 0 24,532 11 1 167 8 11 .. 250 0 0 5,190 13 0 Services not provided for .. .. .. .. .. .. 3,676 6 5 Totals .. .. .. 24,450 0 0 250 0 0 24,700 0 0 28,208 17 6 167 8 11 .. 250 0 0 5,190 13 0 Broadcasting Account. 69 Broadcasting .. .. .. .. 237,023 0 0 10 0 0 237,033 0 0 146,009 14 9 91,023 5 3 .. 10 0 0 1,435 6 1 Services not provided for .. £1,624 17 4 Less amounts recovered or transferred to vote .. 1,594 17 2 .. .. .. 30 0 2 .. Commercial Broadcasting .. .. .. 136,308 0 0 7 7 6 136,315 7 6 123,166 15 9 13,148 11 9 .. 150 0 0 .. 142 12 6 Services not provided for .. £1,051 13 5 Less amounts recovered or transferred to vote .. 1,001 13 5 .. .. .. 50 0 0 Totals .. .. .. 373,331 0 0 17 7 6 373,348 7 6 269,256 10 8 104,171 17 0 .. 160 0 0 1,435 6 1 142 12 6 * 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. f These credits have not been appropriated, and are not available (or expenditure except under the provisions of section 51, subsection (3), of the Public Revenues Act, 1926.

B.—l Pt. I].

PUBLIC ACCOUNTS, 19 37-19 38.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND (Ordinary Revenue Account) under the Civil List Act, 1920, Parts I, II, and V, for the Financial Year ended 31st March, 1938.

38

(Presented in terms of Section 65 of the Constitution Act, 1852.) Permanent Appropriations under Special Acts of £ s. d. £ s . d. £ 8 . d. the Legislature. CIVIL LIST. . PART I. His Excllency the Governor-General :— Right Hon. Viscount Galway, P.C., G.C.M.G., D.S.O., O.B.E., — Salary, 1st April, 1937, to 31st March, 1938 .. .. .. 5,000 0 0 Allowance, 1st April, 1937, to 31st March, 1938 .. .. 2,500 0 0* 7,500 0 0 PART II. Establishment of the General Government :— Prime Minister, Minister of External Affairs, Native Minister, Minister for Cook Islands, and Minister in Charge of Native Trust, Legislative, Electoral, Audit, and High Commissioner's Departments, - Right Hon. M. J. Savage, P.C.— Salary, 1st April, 1937, to 31st March, 1938 .. .. j 1,800 0 0 Minister of Education, Minister of Health, Minister of Marine, and Minister in Charge of Mental Hospitals, Police, and Inspection of Machinery Departments,— Hon. P. Fraser — Salary, 1st April, 1937, to 31st March, 1938 .. 1,170 0 0 House allowance, 1st April, 1937, to 31st March, 1938 200 0 0 ; 1,370 0 0 Minister of Finance, Minister of Customs, Minister of Stamp Duties, and Minister in Charge of State Advances, Land and Income Tax, Public Service Superannuation, Public Trust, Government Life Insurance, State Fire Insurance, and Census and Statistics Department,— ; Hon. W. Nash— Salary, 1st April, 1937, to 31st March, 1938 .. j 1,170 0 0 House allowance, 1st April, 1937, to 31st March, 1938 | 200 0 0 ; — 1,370 0 0 Minister of Industries and Commerce, Minister of Railways, and Minister in Charge of Scientific and Industrial Research Department,— Hon. D. G. Sullivan — Salary, 1st April, 1937, to 31st March, 1938 .. 1,170 0 0 House allowance, 1st April, 1937, to 31st March, 1938 200 0 0 1,370 0 0 Attorney-General, Minister of Justice, and Minister in Charge of Prisons and Registrar-General's Departments, and Patents, Designs, Trade-marks, and Copyright Offices, — Hon. H. G. R. MasonSalary, 1st April, 1937, to 31st March, 1938 .. 1,170 0 0 House allowance, 1st April, 1937, to 31st March, 1938 200 0 0 1,370 0 0 Minister of Labour, Minister of Immigration, and Minister of Employment,— Hon. H. T. Armstrong— Salary, 1st April, 1937, to 31st March, 1938 .. .. 1,170 0 0 Minister of Public Works, Minister in Charge of Roads and Buildings, and Minister of Transport,— Hon. R. Semple— Salary, 1st April, 1937, to 31st March, 1938 .. 1,170 0 0 House allowance, 1st April, 1937, to 31st March, 1938 200 0 0 — 1,370 0 0 Minister of Internal Affairs, and Minister in Charge of Pensions, Museums, and Advertising Departments,— Hon. W. E. Parry— Salary, 1st April, 1937, to 31st March, 1938 .. 1,170 0 0 House allowance, 1st April, 1937, to 31st March, 1938 200 0 0 1,370 0 0 Minister of Mines and Minister in Charge of Printing and Stationery Department,— Hon. P. C. Webb — Salary, 1st April, 1937, to 31st March, 1938 .. 1,170 0 0 House allowance, 1st April, 1937, to 31st March, 1938 200 0 0 1,370 0 0 Carried forward .. .. .. .. .. 12,560 0 0 7,500 0 0 * See also £5,868 4s. 6d. under " Other Special Acts, Miscellaneous," Appropriation Act, 1926, section 15. B.-l [Pt. II].

8.-l [Pt. I].

PUBLIC ACCOUNTS, 1 937-1 93 8.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND —continued.

G. C. Rodda, Examined and found correct. Secretary to the Treasury. J. H. Fowler, B. C. Ashwin, Controller and Auditor-General. Accountant to the Treasury. The Treasury, Wellington, 15th July, 1938.

39

£ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. 12,560 0 0 7,500 0 0 Establishment of the General Government —continued. CIVIL LIST ACT, 1920. Part II—continued. Minister of Agriculture, and Minister in Charge of Friendly Societies and National Provident Fund Departments,— Hon. W. Lee Martin — Salary, 1st April, 1937, to 31st March, 1938 .. .. 1,170 0 0 Minister of Lands, Commissioner of State Forests, and Minister in Charge of Land for Settlements, Scenery Preservation, Discharged Soldiers' Settlement, Valuation, and Tourist and Publicity Departments,— Hon. F. Langstone— Salary, 1st April, 1937, to 31st March, 1938 .. .. 1,170 0 0 Postmaster-General and Minister of Telegraphs, Minister of Defence, and Minister in Charge of War Pensions, — Hon. F. Jones— House allowance, 1st April, 1937, to 31st March, 1938 .. 117 15 8 Member of the Executive Council without Portfolio, — Hon. M. Fagan— House allowance, 1st April, 1937, to 31st March, 1938 .. 200 0 0 15,217 15 8 Civil List Act, 1920, and Civil List Act Amendment Act, 1936, Section 6 (1). Parliamentary Under-Secretary to the Minister of Finance in Charge of Housing— Hon. J. A. Lee — Salary, 1st April, 1937, to 31st March, 1938 .. 600 0 0 House allowance, 1st April, 1937, to 31st March, 1938 .. .. .. .. .. 200 0 0 800 0 0 16,017 15 8 PART V. Native :— Transfer to Vote Health, being Civil List contribution towards, — Maori medical services .. .. .. .. 3,000 0 0 Medical services : Native nurses .. .. .. ! 600 0 0 Running-cost of motor-car : Native nurse .. .. 32 10 0 3,632 10 0 Food, clothing, &c., supplied to Natives .. .. .. 1,282 16 1 Cash allowances to Natives .. .. .. .. .. 500 Water-supplies, Gmuroa Pa .. .. .. .. .. 18 15 9 Native Hostel, Bluff: Repairs and Maintenance .. .. 108 8 9 Native Hostel, New Plymouth,— Household requisites and expenses .. .. .. 13 13 6 Water-supply .. .. .. .. .. 11 19 4 Lighting .. .. .. .. .. 26 12 9 Lease of reserve .. .. .. .. .. 500 Repairs and maintenance .. .. .. .. 52 5 9 109 11 4 Native Hostel, Tauranga— Water-supply .. .. .. .. .. 250 Repairs and upkeep .. .. .. .. 0 4 1 — 2 9 1 Fares for Natives .. .. .. .. .. .. 745 Funeral and tangi expenses of Natives .. .. .. 34 7 11 Flags for Natives .. .. .. .. .. .. 23 17 0 Installation of Drainage and Sanitary Conveniences, Ngaruawahia Pa .. .. .. .. .. .. 59 8 4 — 5,284 8 8 £28,802 4 4

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-1938.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT for the FINANCIAL YEAR ended 31st March, 1938.

40

(Under Section 58 of the Public Revenues Act, 1926.) £ s. d. £ s. d. £ a. d. £ s. d. CONSOLIDATED FUND. Ordinary Revenue Account. FOB SERVICES NOT PROVIDED FOR. Legislative Department:— Sessional bonus to sessional charwomen .. .. 100 0 0 Allowance to A. Ross for performing higher duties .. 25 0 0 Sessional bonus to parliamentary staff .. .. 1,009 15 7 r- 1,134 15 7 Treasury Department:— Payment to Waikato-Maniapoto Maori Land Board to be used for the general benefit of the Native Tribes in the Hauraki Goldfields district, being unclaimed goldfields revenue derived from lands, the description of which is too vague to enable ownership to be established .. .. .. .. .. .. 124 11 2 Customs Department:— Grants to officers on retirement— £ s. d. J. Mcintosh .. .. .. 63 15 0 A. Paul .. .. .. 63 15 0 F. Oxford .. .. .. 51 5 0 F. C. J. Fantham .. .. 47 1 8 J. Kennedy .. .. .. 27 18 4 253 15 0 Refund of proportionate part of a license fee paid in excess under the Tobacco Act, 1908 .. .. - .. 75 0 0 328 15 0 Land and Income Tax Department:— Transfer and removal expenses of two officers on reallocation of staff .. .. .. .. .. 103 6 8 Hire of adding and calculating machines .... 22 0 6 125 7 2 Stamp Duties Department:— Amount allowed to A. J. Harper as compensation under Workers' Compensation Act, 1922 .. .. .. 504 15 0 Salaries of officers for leave on retirement during a portion of the ensuing financial year .. .. 46 0 10 Payment to officer, proceeding on leave before the close of the financial year, of salary for portion of the ensuing financial year .. .. .. .. 11 4 10 562 0 8 Public Service Commissioners' Office: — Grant to S. Roberts to cover travelling-expenses in connection with official visits to Samoa and Rarotonga .. 150 0 0 Department of Internal Affairs :— Grant to Red Cross Far East Relief Fund .. .. 1,000 0 0 Grant to J. T. Waugh for services as Acting-Secretary to the Cabinet .. .. .. .. .. 25 0 0 Half-cost of board and lodgings of Maori carvers and workers in Turanga Maori Meeting-house erected in Dominion Museum .. .. .. .. 37 9 6 Expenses in connection with New Zealand delegation to Nine Power Conference, Brussels .. .. .. 330 13 8 Grant to cover expenses of W. S. Wauchop during his visit to Sydney in connection with the New South Wales Centennial Celebrations .. .. .. 100 0 0 Grant to Mr. J. O'Brien, M.P., towards expenses in connection with Empire Parliamentary Association delegation to New South Wales .. .. .. 75 0 0 Expenses in connection with Civilian State Funeral accorded to the late Sir Frederick Truby King, K.C.M.G. 63 8 2 *Grant to cover expenses of the Hon. the Minister of Internal Affairs and party on visit to Australia — £ s. d. Hon. W. E. Parry ... .. 400 0 0 Private Secretary .. .. 250 0 0 Shorthand-writer and typiste .. 150 0 0 800 0 0 2,431 11 4 Department of External Affairs :— Grant to A. B. Ross to cover expenses in connection with visit of inspection of Samoan and Cook Islands Administrations .. .. .. .. .. .. 135 0 0 Carried forward .. .. .. .. 4,992 0 11 * Th e folio wing amounts were refunded on 31st Hay, 1938, and credited to " Becoveries on Aceornt of Unauthorized Expenditure of Previous Years " • Hon. W. E. Parry, £150; Private Secretary, £28; Shorthand-writer and typiste, £28 ; total, £206.

B.—l [Pt. I].

PUBLIC ACCOUNTS, 1 937-1 938.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

41

CONSOLIDATED FUND—continued. £ s. d. £ s. d. £ s. d. £ a. d. Ordinary Revemxe Account continued. FOB SERVICES NOT PROVIDED FOR—-continued. Brought forward .. .. .. .. 4,992 Oil Printing and Stationery Department:— Grant of one month's pay in lieu of leave on retirement: E. J. Bethell .. .. .. .. .. 27 18 4 Salaries of officers for leave on retirement during a portion of the ensuing financial year .. .. 27 13 6 55 11 10 Marine Department:— Expenses of opening ceremony of Baring Head Radio Beacon .. .. .. .. .. .. 19 18 1 Department of Labour :— Grant to F. P. Walsh to cover expenses in connection with official visit to Auckland .. . . .. 7 10 Part grants to cover expenses of the delegation to the International Labour Organization Conference at Geneva— £ s. d. H. E. Moston .. .. .. 500 0 0 James Thorn, M.P. .. .. 500 0 0 1,000 0 0 1,007 1 0 Native Department:— Payment to Native Trustee, being additional grant for housing of indigent Natives .. .. .. .. 50,000 0 0 Valuation Department:— Compassionate grant to the widow of the late H. M. Morgan, Clerk, Wellington .. .. .. .. 11200 Census and Statistics Department:—• Salary of officer for leave on retirement during a portion of the ensuing financial year .. .. .. .. 15 8 4 Police Department:— Compensation to Constable R. T. Kearton for damage to furniture while on transfer from Christ-church to Palmerston North .. .. .. .. .. 15 0 0 Army Department:— Grant towards expenses of visit of team of New Zealand riflemen to Australia .. .. .. .. .. 350 0 0 Air Department Grant to Union Airways, Ltd., to meet portion of losses sustained by the company from its inception until 31st March,'1938 .. .. .. .. .. 22,500 0 0 Lands and Survey Department:— Allowance to D. Smith on retirement in lieu of leave .. 45 0 0 Payments to the widow of the late T. H. Reid, Senior Clerk, Dunedin — £ s. d. Compassionate grant .. . . 125 11 9 Equivalent of six weeks' salary .. 51 8 3 177 0 0 Ex gratia payment to C. A. Masters for shortage in area in certificate of title, Vol. 238, folio 145, plus loss of interest in connection with proposed sale of property 22 4 0 Ex gratia payment to R. L. Dasler, representing stamp duty paid in connection with acquisition of section 4, Kapua Settlement, Canterbury .. .. .. 8 5 0 252 9 0 Department of Agriculture : — Citrus canker at Kerikeri: Wages, &c., for preventing spread of disease .. • • • • ■ • 76 15 0 Compassionate grant to the widow of the late R. Sutherland, Cool Storage Officer .. .. . . 129 0 0 Cost of visit of Dr. C. S. M. Hopkirk to Great Britain, Europe, &c. .. .. .. . ■ • • 750 0 0 955 15 0 Carried forward .. .. .. .. 80,275 4 2

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-1938.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

42

CONSOLIDATED FUND —continued. £ s. d. £ s. d. £ s. d. £ 3. d Ordinary Revenue Account—continued. FOR SERVICES NOT PROVIDED FOR—continued. Brought forward .. .. .. .. 80,275 4 2 Department of Industries and / Commerce, Tourist and Publicity :— Subsidies towards cost of tourist agencies at Wanganui and Napier .. .. .. .. .. 650 Grant to L. J. Schmitt towards cost of visit to Sydney and Melbourne .. .. .. . . .. 40 0 0 Out-of-pocket expenses incurred by Messrs. J. J. L. Casey and M. F. Cock in connection with tours of South Australian Farmers' party and the British Bowlers' party .. .. .. .. .. 10 0 0 — 56 5 0 Department of Scientific and Industrial Research :— Grant to W. D. Reid towards cost of return steamer fare in connection with his visit to Edinburgh to study advanced bacteriological technique .. .. 250 0 0 Instalment of grant to J. Muggeridge towards travellingexpenses, including steamer fares, in connection with his visit to England and Europe to study entomological problems .. .. .. .. .. 250 0 0 Grant to E. J. Banwell to cover cost of fares to Sydney and all travelling-expenses while in Australia on radioresearch business .. .. .. , .. 45 0 0 Grant to Dr. E. Kidson towards entertainment-expenses in respect of overseas delegates to Regional Meteorological Conference in Wellington.. .. .. 20 0 0 565 o 0 Transport Department:— Purchase of miscellaneous equipment for additional vehicle inspectors .. .. .. .. .. 16 13 7 Department of Health :— Cost of repairs to privately owned motor-car damaged in collision with Health Department car .. .. 40 0 0 Payments to officers, proceeding on leave before the close of the financial year, of salary for a portion of the ensuing financial year .. .. . . .. 22 8 4 Grant to Nurse May Black, who has contracted an illness 6 8 7 Grant to Wellington Children's Health Camp Association 6,300 0 0 Refund to Mrs. F. Foley : Expenses incurred in connection with visits to Wairoa and Napier with her daughter .. .. .. .. .. 13 10 0 6,382 6 11 Mental Hospitals Department:— Grant to Dr. J. Russell, Deputy Director-General of Mental Hospitals, to cover expenses of official visit to Australia .. .. .. .. . . 60 0 0 Compassionate allowance to the widow of the late Dr. H. D. Hayes, Medical Superintendent, Mental Hospital, Seacliff .. .. .. .. .. 1,000 0 0 1,060 0 0 Education Department: — Grant to Recreation Fund of Boys' Training Farm, Weraroa, being balance of prize-money won by stock of the institution .. .. .. .. .. 1106 Pensions Department:— Grant to Mr. H. Digby-Smith, Commissioner of Pensions, to cover out-of-pocket expenses in connection with official visit to Australia .. .. .. .. 150 0 0 Annuities paid as under— £ s. d. J. T. Hogan .. .. .. 30 0 0 C. H. Clinkard .. .. .. 30 0 0 Mrs. L. M. Isitt.. .. .. 25 0 0 Mrs. H. M. Russell .. .. 25 0 0 Mrs. J. E. Jenkinson .. .. 25 0 0 135 0 0 285 0 0 ; 88,651 10 2 FOR SERVICES IN EXCESS OF VOTES. Vote 9—Internal.Affairs .. .. .. .. .. 37,048 8 9 Vote 11 —Printing and Stationery ' .. .. .. 11,312 13 10 Vote 13—Labour .. .. .. .. .. .. 5,870 17 11 Vote 14—Native .. .. .. .. .. .. 729 3 3 Vote 18 —Justice and Prisons.. .. .. .. .. 3,232 2 10 Vote 21—Navy .. .. .. .. .. .. 20,678 8 2 Vote 31—Health .. .. .. .. .. .. 59,511 1 4 138,382 16 1 Total, Consolidated Fund .. .. .. .. 227,034 6 3

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 937- 1 938.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

7—B. 1 [PT. I].

43

£ s. d. £ s. d. £ s. d. S s. d. Brought forward . . . . .. .. .. .. .. 227,034 6 3 PUBLIC WORKS FUND. General Purposes Account. FOR SERVICES NOT PROVIDED FOR. Native Department:— Grant to Wairoa County Council on account of the Waihua Development Scheme .. .. .. .. 42 3 11 Public Works Department: — Compassionate grants to widows of deceased officers— To the widow of the late J. S. Burgis, £ s. d. Power-house Superintendent .. 118 0 0 To the widow of the late A. Gavey, Inspecting Electrical Engineer .. 728 6 7 To the widow of the late W. A. Innes, Electrical Inspector .. .. 110 0 0 956 6 7 Grants towards fares to officers proceeding to England for further training— £ s. d. J. J. Hurley .. .. .. 80 0 0 L. B. Carey .. .. .. 50 0 0 130 0 0 1,086 6 7 1,128 10 6 FOR SERVICES IN EXCESS OF VOTES. Vote 49 —Settlement of Unemployed Workers .. .. .. 8 ,164 15 11 Vote 50—Native Land Settlement .. .. .. .. 4,827 4 4 12,992 0 3 14,120 10 9 SEPARATE ACCOUNTS. State Forests Account. FOR SERVICES NOT PROVIDED FOR. Compassionate grant to the widow of the late Mr. W. J. Dunnet, Forest Ranger, Golden Downs Plantation .. .. .. .. 549 ACCOUNTS OUTSIDE THE PUBLIC ACCOUNT. Post Office Account. FOR SERVICES NOT PROVIDED FOR. Allowance payable to J. G. Young while acting in higher position during absence of Director-General from New Zealand .. .. .. •• •• •• •• 114 0 0 Payment to A. Marshall of one month's salary in lieu of retiring-leave . . .. .. • • • • • • • • 79 3 4 Travelling-expenses : Miss M. A. Heath, returning to New Zealand after being on loan to the High Commissioner's Office .. •• •• •• ■• •• • • • • 55 19 11 Grant to cover expenses of M. B. Esson, attending International Telegraph and Telephone and Radio Conference, Cairo (includes exchange) .. .. .. .. • • • • 622 3 9 871 7 0 Public Trustee's Account. FOR SERVICES NOT PROVIDED FOR. Payment to officer, proceeding on leave before the close of the financial year, of salary for a portion of the ensuing financial year .. .. .. .. .. • ■ • ■ • • 8 10 10 Native Trustee's Account. FOR SERVICES NOT PROVIDED FOR. Grant towards cost of Sir James Carroll memorial .. .. .. • • 500 0 0 Government Insurance Account. FOR SERVICES NOT PROVIDED FOR. Services rendered by Treasury Actuarial Branch .. . . .. .. 848 7 2 Carried forward . . .. .. .. • • • • j 243,388 6 9 I I

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 937-1938.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

44

£ s. d £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 243,388 6 9 ACCOUNTS OUTSIDE THE PUBLIC A C C OU N T—cont inued. State Advances Account. FOR SERVICES IN EXCESS OF VOTE. Vote 66 —State Advances .. .. .. .. .. .. .. 110 6 4 Dairy Industry Account. FOR SERVICES NOT PROVIDED FOR. Payment for various classes of produce purchased on behalf of the Internal Marketing Account .. .. .. .. 63,456 16 1 Less amount recovered from the Internal Marketing Account .. .. .. .. .. .. .. 63,456 16 1 Internal Marketing Account. FOR SERVICES NOT PROVIDED FOR. Contribution to Public Service Superannuation Fund .. .. .. 7 16 5 Purchase of two Benhil automatic moulding and wrapping machines .. .. .. ■■ ... .. 2,156 6 6 Payment for the acquisition of the assets of New Zealand Honey, Ltd. .. .. .. .. .. .. .. 1,512 3 6 3,676 6 5 Broadcasting Account. FOR SERVICES NOT PROVIDED FOR. (1) Broadcasting—■ Payments to officers, proceeding on leave before close of the financial year, of salary for a portion of the ensuing financial year .. .. .. .. .. .. 30 0 2 (2) Commercial broadcasting— Ex gratia payment to I. Meltzer for work performed in connection with the establishment of the Commercial Broadcasting Service .. .. .. .. .. 50 0 0 Total.. .. .. .. .. .. .. £247,254 19 8 Surplus Credits-in-aid applied in Terms of Section 51, Subsection (3), of the Public Revenues Act, 1926. Ordinary Revenue Account. £ s. d. £ s. d. £ s. d. £ s. d. Vote 8—Public Service Commissioners' Office .. .. , .. .. 127 19 2 Vote 9 —Interna! Affairs .. .. .. .. .. .. 4,749 15 10 Vote 13—Labour .. .. . . .. .. .. .. 737 4 2 Vote 19—Crown Law Office .. .. .. .. .. .. 217 7 2 Vote 21 —Navy .. .. .. .. .. .. .. 15,951 8 5 Vote 24—Maintenance of Public Works and Services .. .. .. 139,941 12 0 Vote 31—Health .. .. .. .. .. .. .. 7,005 2 0 Vote 32 —Mental Hospitals .. .. .. .. .. .. 8,710 14 5 177,441 3 2 Public Works Fund.—General Purposes Account. Vote 36 —Public Works, Departmental .. .. .. .. 45,941 10 9 Vote 46 —Lands, Miscellaneous .. .. .. .. .. 5,240 18 4 Vote 50 —Native Land Settlement .. .. .. .. .. 62,308 4 4 _ 113,490 13 5 Working Railways Account. Vote 58—Working Railways .. .. .. .. .. .. .. 389,811 1 5 £680,742 18 0

!>. I [Pt. I].

PUBLIC ACCOUNTS, 1 937-1 9 38.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT —continued. SUMMARY.

G. C- Rodda, Secretary to the Treasury. B. C Ashwin, Accountant to the Treasury. The Treasury, Wellington. 15th July 1938. Examined and found correct. J. H. Fowler, Controller and Auditor-General.

B—B. 1 [PT. I].

45

Unauthorized Amount Unauthorized Expenditure. Authority. expended. For services in connection with Working Railways under the control of the Government I0() £ 00() S q £ s " d " Railways Department .. .. •• •• •• • goo'oOO 0 0 247,254 19 8 For all other services .. • • • • • • • • • • * * * * ' Total Unauthorized Expenditure .. .. .. •• •• 600,000 0 0 247,254 19 8 „ , -1 'A A ... 680,742 18 0 Surplus credits-m-aid expended .. • • • • ■ • • • • • Total Expenditure in Excess of Appropriation .. .. • ■ • • £927,997 17 8

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937 -1938, SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1938, as rendered by respective Departments in terms of Section 46 of the Public Revenues Act, 1926. CONSOLIDATED FUND, ORDINARY REVENUE ACCOUNT. Permanent Charges. Under special Acts: — £ s. d. £ s. d. Appropriation Act, 1926, Section 15 .. .. .. 486 15 4 Finance Act, ]935 (No. 2), Section 17 .. .. .. 1,047 18 3 Motor-spirits Taxation Act, 1927, Section 7 .. .. 1,069 1 0 — 2,603 14 7 Refunds of Revenue: — £ s. d. Cinematograph. Films Act, 1928 .. .. .. .. 2 0 0 Explosives and Dangerous Goods Act, 1908 .. . . 2 10 0 Land Agents Act, 1921-22 .. .. .. .. 943 3 7 Territorial Revenue .. .. .. .. ~ 73 13 9 Miscellaneous Revenue .. .. .. .. .. 0 10 0 1,021 17 4 Votes. Legislative .. . . .. .. . . . . . . . . 739 9 9 Prime Minister's Department .. .. . . . . 102 11 11 Treasury .. .. . . .. . . .. . . . . 364 11 9 Customs .. .. .. .. .. .. .. .. .. 3,235 18 7 Land and Income Tax . . .. .. . . . . , . . . 19,750 16 11 Stamp Duties .. .. .. .. .. .. .. .. 4,782 13 1 Audit .. .. . . .. .. .. .. .. .. 423 19 8 Public Service Commissioners' Office .. .. .. . . .. 118 1 11 Internal Affairs .. .. .. .. .. .. .. .. 12,209 11 8 External Affairs . . . . . . . . . . . . ~ . . 4,908 13 10 Printing and Stationery .. . . .. .. .. 14,015 14 0 Marine .. .. .. .. .. .. .. .. 4,64116 11 Labour .. . . . . .. .. . . .. .. . . 9,573 4 8 Native .. .. .. .. .. .. .. .. .. 2,014 17 11 Valuation .. .. .. .. .. .. .. .. 2,319 4 11 Electoral .. .. .. .. .. .. .. .. .. 1,880 2 8 Census and Statistics . . .. .. . . . . .. .. 405 3 7 Justice and Prisons .. .. .. .. .. .. .. 16,563 10 1 Crown Law Office . . .. .. .. . . ~ . . . . 11 2 0 Police .. .. .. .. .. .. .. .. .. 2,460 7 3 Navy .. .. .. .. .. .. .. .. .. 24,381 19 10 Army .. .. .. .. .. .. .. .. .. 11,278 4 5 Air ...... .. .. .. .. . . .. 4,589 4 3 Maintenance of Public Works and Services .. .. .. .. .. 116,289 9 4 Lands and Survey .. .. .. .. . . . . . . . . 5, 881 8 5 Agriculture .. .. .. .. .. ~ .. .. 74,873 18 4 Industries and Commerce, Tourist and Publicity .. .. . . .. 16,120 14 7 Scientific and Industrial Research .. .. .. . . .. . . 3,085 8 1 Mines .. .. .. .. .. .. .. .. .. 2,111 17 4 Transport .. .. .. .. .. .. .. .. .. 2,185 3 3 Health .. .. .. .. .. .. .. .. 70,155 111 Mental Hospitals .. .. .. .. .. .. .. 7,691 11 7 Education .. .. .. .. .. .. .. 21 7 4 Pensions .. .. .. .. .. .. .. .. .. 1,544 0 6 National Provident and Friendly Societies .. .. .. .. .. 3,491 010 468,829 15 0 Unauthorized:— Internal Affairs .. .. .. .. .. .. 18g 7 n Total, Consolidated Fund, Ordinary Revenue Account .. £469,016 2 11

46

£.—1 [Pt. IJ.

PUBLIC ACCOUNTS, 1937 193 8. SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1938, as rendered by respective Departments in terms of Section 46 of the Public Revenues Act, 1926—continued. CONSOLIDATED FUND, DEPOSITS ACCOUNT. Education Reserves Act, 1928 : Primary Education Endowment Deposit Account . . 2,143 19 2 Education Reserves Act, 1928 : Secondary Education Endowment Deposit Account 254 6 9 Greymouth and Hokitika High School Acts, 1883 .. .. .. .. 9 7 5 Orchard-tax Act, 1927 .. .. .. .. .. .. _ 193 13 9 Unemployment Insurance Stamps .. .. .. .. .. ~ 57 16 4 Total, Consolidated Fund, Deposits Account .. .. .. £2,659 3 5 PUBLIC WORKS FUND, GENERAL PURPOSES ACCOUNT. Votes. £ s . a. Public Works, Departmental .. .. .. .. ~ _ 8 ggg 13 1 Railway-construction .. .. .. .. ~ _ 35 g2l 5 9 Railways Improvements and Additions to Open Lines.. .. .. . 113'654 10 0 Public Buildings .. .. .. .. .. .. '' " g 6; ' 8 72 3 4 Education Buildings .. .. .. .. ~ _ _ 13 244 2 3 Lighthouses .. .. .. .. .. ~ 14 7 Development of Tourist Resorts .. .. .. .. .. _ _ 493 7 Roads, &c. .. .. .. .. .. _ H6 974 5 5 Telegraph Extension .. .. .. .. 1'235 2 8 Lands, Miscellaneous .. .. .. .. .. 12 478 7 3 Irrigation, Water-supply, and Drainage .. .. .. .. 13 721 15 4 Swamp Land Drainage .. .. .. .. .. __ 2 211 9 4 Settlement of Unemployed Workers .. .. .. 4'574 6 8 Native Land Settlement .. .. .. .. . 99 928 9 1 470,785 19 4 Reserves and Other Lands Disposal Act, 1936, Section 32— Purchase of Flock House Estate .. .. .. .. .. 94 224 14 6 Total of Public Works Fund, General Purposes Account .. £565,010 13 10 £ s d Public Works Fund—Electric Supply Account .. .. .. .. 133 788 7 3 Employment Promotion Fund .. .. .. .. 139 075 6 5 Land for Settlements Account .. .. .. .. 1'563 18 0 Main Highways Account .. .. .. .. .. 316'135 1 3 State Coal-mines Account .. .. .. .. , 21'421 0 5 State Forests Account .. .. .. .. , L1'390 7 6 Working Railways Account .. .. .. . 435 014 1 2 Government Insurance Account .. .. .. .. .. _ _ 1' 949 7 Government Accident Insurance Account .. .. .. .. '552 gl4 Post Office Account .. .. .. .. ~ _ _ 8q g g Public Service Superannuation Fund Account .. .. . . .. ' 449 4 4. Public Trust Office Account .. .. .. .. .. ~ g q7q -q jj State Fire Insurance Account .. .. .. .. . _ 5' jqq jq q Dairy Industry Account . . . . . . .. ~ _ _ 2' 973 3 g Internal Marketing Account .. .. .. .. _ fl«'a97 is q Broadcasting Account— £ s d ' Subdivision I.—-Broadcasting .. .. .. .. q 938 g 4 Subdivision ll.—Commercial Broadcasting .. .. 27,368 10 0 34,306 18 4

47

B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-1938. SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1938, as rendered by respective Departments in terms of Section 46 of the Public Revenues Act, 1926 —continued. SUMMARY. Consolidated Fund— £ s - inordinary Revenue Account .. .. •• 469,01b LII Deposits Account 2 ' 659 3 471,675 6 4 Public Works Fund — General Purposes Account .. .. •• •• 565,010 13 10 Electric Supply Account .. .. ■ • • ■ * 33 > 788 7 3 ( Employment Promotion Fund .. .. •• •• 13 i'kIqiq n Land for Settlements Account .. •• • ■ •• •• ' , , „ Main Highways Account .. .. •• •• •• •• •• 3 ' . State Coal-mines Account .. .. •• •• •• •• 11 wi 7 fi State Forests Account .. .. •• •• •• .or'aia 1 9 Working Railways Account .. .. •• •• •• •• 1949 7 1 Government Insurance Account . . . ■ • • • • • • ■ • ! Government Accident Insurance Account .. •• •• •• •• Post Office Account 80 \ \ Public Service Superannuation Fund Account .. • ■ • • ■ • ™ . Public Trust Office r iln in n State Fire Insurance Account .. .. ■ • • • • • • • o' cwq q « Dairy Industry Account .. .. .. •• ■■ •• •• j ! °'. Internal Marketing Account .. .. ■■ •• oo,iZt Broadcasting Account — £ q Subdivision I— Broadcasting .. .. .. 6,938 8 4 Subdivision ll.—Commercial Broadcasting .. .. .. 27,368 10 0 34,00b 18 4 Total, all accounts .. .. • • • • • ■ .. £2, 285,291 711 Note. As the law does not require these figures to be audited, the Audit Office has not examined this statement

Approximate Cost ol Paper.—Preparation, not given ; printing ( 608 copies), £87 10s.

By Authority: E. V. Paul, Government Printer, Wellington. —1938.

Price is.]

48