24

C—lβ

Value of Stock, Improvements, &c. —continued. £ s. d. Brought forward ... ... ... ••• '■■■ 4,915 5 0 Trees, as per Schedule 1 ... ••• ••• ••■ 698 16 0 . 2 ... •■• ■•■ 763 6 0 3 ' ... ... 1,505 7 9 "„ 4 ... ... ... •■■ ••• 571 17 0 Tools and implements ... ... ••• ••■ ••• 719 Improved value ... ... ■■• ••• ••■ ■•• "« 0 Horse-feed in stock ... ... ■•• ■■• ••• -' 1() (l Value of young horses bred or increased value during year ... 10 0 0 £8,636 3 6 Summary. £ s . a. Value of present stock and general improvements ... ... 8,636 Value of trees sent out since initiation ... ... ■•• 6,580 9 0 15,216 12 6 Expenditure to date ... ... ••• ••• ...11,08118 5 Credit balance £4,134 19 1

Stock in Hand. Schedule 1.—Details of One-year-old Trees, grown 1909-10. (Fourteenth Crop.)

Schedule 2.-Two-year-old Trees, grown 1908-9. (Thirteenth Crop.)

Schedule 3.—Three-year-old Trees, grown 1907-8. (Twelfth Crop.)

Schedule 4.—Four-year-old Trees, grown 1906-7. (Eleventh Crop.)

Name of Tree. Number in tieed-beds. 1 Height in Inches. Amount of Seed sown. Value per | Total Value. IThousand. Kemarks. 'inus Laricio .. ponderosa 600,000 98.S00 li 14 Lb. 80 10 £ 8. d. £ s. d. 10 0 600 0 0 Fine crop. 10 0 93 16 0 698 16 0 Totals 698,800

Name of Tree. Number in Seed-bedt-. n „i.. <„ Value Height in Total Value. Inches. Thousand. | Kemarks. 'inu3 Laricio , Benthamiana , ponderosa ,arix europsea Totals .. 340,000 43,200 106,000 91,400 580,800 3-4 3-4 3-4 4-8 £ s. d. £ s. d. 15 0 425 5 0 1 10 0 64 16 0 i 1 10 0 159 0 0 15 0 114 5 0 763 6 0 Strong plants. Fair results.

Name of Tree. Number in Seed-beds. Number in Lines. „ . . . . Value Height in Total value. Inches, j Thou8an(J . ! _ Kemarks. Pinus Laricio .. Bethamiana „ ponderoja Larix europsea 150,000 245,900 25,750 26(850 101,150 4-5 8-10 6 8-24 £ s. d. £ s. d. ! $ °o ol ° 3 5 0 83 13 9 1 3 0 0 80 11 0 3 0 0 303 9 0 |l,505 7 9 Fair growth. Strong growth. Totals .. 150,000 399,650 549 650

Name. Number in Lines. Height in Inches. Value per Thousand. Total Value. Kemarks. 'inus Laricio . Jt fireyii Setula al a •yrus aucuparia 157,500 1,000 450 8,450 162,400 6-15 8-12 24 27 £ s. d. 3 10 0 3 10 0 3 10 0 4 10 0 £ s. d. 553 5 0 8 10 0 1 11 6 15 10 6 Strong plants. 571 17 0 Totals