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Cash Sales. —The total amount received for cash sales is £18,215, of which amount £7,154 is for sales of town, suburban, and rural lands, totalling 10,485 acres disposed of to 146 purchasers, and £11,060 is cash received for 24,264 acres from ninety-four selectors who have made perpetual leases freehold. Deferred Payment. —There are 108 selectors holding 12,585 acres. The instalments and interests received for the year amounted to £733. Thirty-nine selectors are in arrears of payments amounting to £258. Eighteen selectors acquired their freeholds during the year. Perpetual Lease. —There are 387 lessees holding 82,875 acres, ninety-four selectors acquired the freehold of 24,264 acres, fourteen lessees exchanged into lease in perpetuity 2,183 acres, and the holdings of two leases totalling 330 acres were forfeited. Ninety-seven lessees holding 18,015 acres are in arrears for rent to the extent of £379. Occupation with Bight of Purchase.' —There has been a decrease in this class of tenure of 137 selectors and 67,810 acres compared with last year, but the revenue received shows an increase of £223. Owing to a better class of land being placed upon the market 192 selectors took up 61,396 acres, making a total of 1,649 selectors and 404,251 acres being held under this tenure. The holdings of twelve selectors with an area of 4,634 acres were forfeited. Sixteen selectors surrendered 7,176 acres, and 331 selectors were £1,780 in arrears. Lease in Perpetuity. —There is a decrease in this class of forty-seven selectors as compared with last year, the total number for the year being 111 selectors for 26,445 acres, which includes twenty selectors for 2,474 acres exchanged from other tenures, the revenue received amounting to £3,556. The area and number of selections would have been very much larger if it had been possible to put the larger area in the Kawhia County disposed of in April into the market before the end of the financial year. An area of 100 acres held by two selectors was forfeited ; four selectors surrendered 773 acres. There are 202 selectors in arrears for rent amounting to £943. Lease in Perpetuity under the Land for Settlements Act. —There were only three selectors for 2,536 acres this year, the total number of selectors on the books being 157 holding 32,536 acres, which includes nine selections under miscellaneous leases. The revenue for the year amounts to £4,287. An area of 600 acres held by three selectors, with a rental of £74, was forfeited. There are now thirty-one selectors holding 6,306 acres, who are in arrears of rent to the extent of £889, and one selector holding 410 acres surrendered his lease. Leases under " The Mining Districts Land Occupation Act, 1894."— Thirty-one selectors took up 1,435 acres under this class, the revenue received being £134. There are now 136 selectors occupying 6,251 acres within the goldfields. Eight selectors holding 572 acres are £13 in arrears. Village-homestead Special Settlements. —These settlers are still decreasing, as there are now only sixty-one selectors holding 2,352 acres on the books. Six selectors exchanged 292 acres to lease-in-perpetuity holdings. There was one forfeiture of 44 acres, and thirty-three selectors holding 1,417 acres are in arrears of rent to the extent of £387. Homestead Lands. —There are only thirteen selectors on the books, holding an area of 1,478 acres. The holdings of 451 selectors of 74,618 acres have been made freehold since the commencement of the system. Special-settlement Associations. —-No land was taken up this year under this system. There are now ninety-three selectors holding 15,670 acres, but only thirty-two selectors holding 5,081 acres are actually residing on the same. There were three forfeitures of 665 acres, and fifty-five selectors are £295 in arrears. The Avoca Settlement is looking fairly well, and the land is of fair quality. The Marlborough Settlement is not progressing. Papamoa Nos. 1 and 2 : Of twenty-six original settlers, only sixteen remain, the others having abandoned or transferred their sections. The outlook here has slightly improved owing to the dairying industry in the district offering better inducement to breed cattle, and possibly in the future a factory may be erected within reach of the settlement. If so the settlement should do better. Auckland Special Settlement: There is only one settler remaining on the land, and he has complied with the conditions. Small Grazing-runs. —There are only ten of these, with an area of 58,697 acres, the rental received being £476. There were no forfeitures or surrenders during the year. Pastoral Buns. —Six runs were taken up during the year, totalling 16,499 acres, making the total area now held 133,216 acres, by twenty-five selectors. Four selectors were in arrears to the amount of £275 lis. 6d. Miscellaneous Leases and Licenses. —There were forty-two of these taken up during the year, totalling 6,498 acres, the revenue received being £569; the total number on the books being 162 leases for 40,020 acres. The total amount received for royalty on coal, timber, and flax, and from the above leases, was £23,315. Thermal Springs, Botorua. — There are 247 selectors holding 5,755 acres, the amounts received during the year being £1,511. Of this, £907 is to be transferred to the Botorua Town Board under " The Botorua Town Council Act, 1900," under which Act the Town Board will in future receive all revenue from leases. Transfers. —The number of transfers dealt with by the Land Board during the year 1901-2 was 245. Of these, 229 were approved, sixteen being refused. Timber. —17,497,810 superficial feet of timber, ninety-six logs, and two trees were sold, the amount received being £6,898. The gross revenue derived from timber during the year amounted to £22,237. The quantity of timber sold during the previous year was 41,652,782 superficial feet and nine trees, the gross amount then received being only £16,324. The Banger reports: " The great demand for timber causes an increasing difficulty in preventing encroachments and depredations on Crown forests. The bush fires, although not altogether absent, have not been so

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