B.—l TPt. IY].

PUBLIC WORKS DEPARTMENT—continued. RAILWAY-CONSTRUCTION (PUBLIC WORKS FUND). Income and Expenditure on Capital Account for the Year ended 31st March, 1924. Expenditure. I Income. To Net expenditure on— £ s. d. ißy Recoveries on account of expenditure of previous £ s. d. Kaihu Extension .. .. 3,335 19 11 years .. .. .. .. .. 1,106 12 7 Huarau Northwards .. .. 297,664 7 0 Credits for the amount of expenditure on lines handed Whangarei Branch .. . . 15,061 10 7 over to the Railway Department, and of expendiWaipu Branch .. .. . . 3,894 0 9 ture on open lines — Huntly Branch .. .. 11,073 3 7 Land claims, &c.— Waihi-Taneatua .. .. 221,962 13 3 Waiuku Branch £ s. d. Gis borne-Napier .. .. 120,866 2 9 Railway .. 431 6 1 Waikokopu Branch .. .. 63,291 11 5 Culverden-Waiau 85 1 6 Opunake Branch .. .. 71,243 13 4 South Island Main Stratford Main Trunk .. .. 53,828 3 0 Trunk— Glenhope-Murchison .. .. 22,566 16 7 Picton Southwards, Otira-Bealey .. .. .. 96,598 17 0 Wharanui Sec-Westport-Tnangahua .. .. 1,051 3 9 tion .. .. 510 0 0 Greymouth - Point Elizabeth .. 3,529 15 6 1,026 7 7 Orepuki-Waiau.. .. .. 39,242 2 4 Sections previously Lawrence-Roxburgh .. .. 77,822 19 9 opened— Land claims, damages on losses on Helensville North - goods in transit, and miscel- wards— laneous .. .. .. 388 8 1 Bickerstaffe SecSurveys, new lines and lines not tion . . .. 438 0 0 specified .. .. .. 1,9719 9 Sections opened during year— Kaihu Valley Extension .. 91,399 8 1 Ngapuhi Northwards - Okaihu Section .. 197,056 15 11 Napier to GisborneEskdale Section 167,619 5 3 Greymouth - Point Elizabeth .. 74,145 10 9 530,221 0 0 531,685 7 7 Less recoveries on account of sections previously opened— Foxton to Waitara and Moturoa - Sentry Hill Deviation .. 225 0 0 Napier to Woodville and Palmerston North .. 694 13 3 South Island Main Trunk— Picton Southwards .. 126 10 1 Waipawa Northwards ~ 3 18 0 Marton -Te Awam utu .. 25 0 0 Waiuku Branch .. 41 11 3 In vercargill-Kings - ton, including Lake Wakatipu steamers .. 50 0 0 1,166 12 7 530,518 15 0 531,685 7 7 Balance, being excess of capital expenditure over capital income for the year transferred to Railway Construction Account .. .. .. .. 573,707 10 9 £1,105,392 18 4 £1,105,392 18 4

69