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SDMMAEY. £ s. d. Expenditure to 31st March, 1890 ... ... .. ... ... 13,924,072 8 3 Less value of Permanent-way distributed from Stock ... ... ... 15,317 7 8 13,908,755 0 7 Amount expended during 1890-91 (including amount distributed from Stock) — New Works — Construction and Permanent-way ... ... £180,898 13 1 Additions to Open Lines — Additional Works and old Land-claims, &c. ... 14,128 11 1 Surveys ... ... ... ... ... 310 17 0 195,338 1 2 Total expenditure to 31st March, 1891 (as per Table No. 1) ... £14,104,093 1 1 9

Statement showing Agreement of Public Works Table No. 2 of Expenditure on Railways with Eeturn No. 6 attached to Eeport. of New Zealand Eailways Commissioners. Expenditure to 31st March, 1891, on Eailways constructed by General Government £ out of Public Works Fund (as per Table No. 2) ... ... ... ... 14,104,093 Expenditure on account of Eakaia-Ashburton Forks Eailway out of Consolidated Fund ... ... ... ... ... ... ... ... 35 Expenditure on Greymouth and Westport Harbour Works forming part of Eailway System (as per Table No. 9) ... ... ... ... ... .. 14)1,345 Valuation of Eailways constructed by Provinces (as per Table No. 2) ... ... 1,104,281 15,3^9,754 Less Expenditure on Permanent-way for Gisborne-Ormond Tramway £4,975 „ „ Forest Hill Tramway ... ... ... 556 5,531 Leaves Amount shown by Eailway Commissioners in Table No. 6 of their Annual Eeport ... ... ... ... ... £15,344,223