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Summary. £ s. .i. Value of present stock and general improvements ... ... 2,367 11 5 trees sent out ... ... ... 212 15 0 £2,580 6 5 Expenditure to date ... ... ... ... ... 3,070 2 7 Debit balance ... ... .. ... £489 16 2

Stock in Hand. Schedule 1.-Details of One-year-old Trees, grown in 1907-8. (Second Crop.)

Schedule 2.—Trees, &c., transferred to other Nurseries, 1907-8.

23

Name of Trees. Number Seed beds. Height in Inches. Seed sown. Total Value. Kemarke. Larix Europsea Pinus ponderosa , Laricio .. , Auetriaca Sequoia sempervirens Cupressus Goveniama Majestigma Thuja Orientalis Pseudo-tsuga taxifolia 20,000 8,000 15,000 3,500 600 100 200 200 400 1J-6 1-2 1-2 1-1 2-3 2-3 Lb. 20 2 7 2 1 0i "i 1 oz. lib. £ b. d. 10 0 10 0 10 0 1 0 0 4 0 0 1 10 0 1 10 0 1 10 0 1 5 0 £ s. d. 20 0 0 3 0 0 15 0 0 3 10 0 2 8 0 0 3 0 0 6 0 0 6 0 0 10 0 Totals 43,000 45 3 0

Where sent. Name of Tree, <fcc. Number. &a P u e d. J Total Value. Tapanui Pinus Laricio Austriaca .. , muricata Fseudo-tsuga taxifolia Pinus Laricio Austriaca .. , ponderosa .. , muricata Larix Europeea 13,260 8,500 1,500 •2,500 28,000 6,000 2,000 1,500 44,000 £ s. d. 10 0 l o o 1 0 0 1 5 0 2 5 0 2 5 0 2 5 0 2 5 0 2 B 0 £ s. d. 13 5 0 8 10 0 1 10 0 3 2 6 63 0 0 13 10 0 4 10 0 3 7 6 99 0 0 Hanmer Berberis ariatata 107,260 3,000 1 0 0 209 15 0 3 0 0 Starborough 182 bushels feed-oats, at 2s. (id. 52 sacks, at 7d. .. 110,260 212 15 0 Value. 22 15 0 1 10 4 24 5 4 Hanmer 96 seed-frames Fencing-material Horse-feed Tools and implements Sundry supplies Water-pipes and fittings .. 120 0 0 113 2 2 14 0 81 11 2 17 5 9 80 17 0 Tapanui 263 ii 1 Fencing material Tools and implements 99 seed f' ames Sundry supplies 140 7 3 139 11 9 123 15 0 7 8 0 411 2 0 £911 13 5 N. Craig, Nui seryman in Charge.