B.—l IPT. IV].

STATE FOREST SERVICE. Income and Expenditure Account foe the Year ended 31st March, 1924. Expenditure. Income. £ s. d. £ s. d. By Timber— £ s. d. £ s. d. To Salaries* .. .. .. .. 16,693 5 2 Royalties.. .. .. 4,342 6 3 General management of State Sales .. .. .. 214,649 9 5 forests— Trespass .. .. .. 59 18 9 Communication expen s e s, 219,051 14 5 printing and stationery .. 1,313 0 1 Leases — Fiscal management expenses 79 14 4 Grazing, &c. .. .. 2,506 14 2 Grazing and forest reconnais- Sawmill-sites .. .. 325 8 3 sance and timber-cruising.. 9,589 14 9 Industrial .. .. 510 7 9 Office rent, light, cleaning, &c. 2,222 2 5 —— 3,342 10 2 Legal expenses .. .. 32 5 9 Permits— Temporary assistance .. 1,267 9 6 Grazing .. .. 62 8 1 Transportation expenses and Miscellaneous .. .. 455 9 4 upkeep of motor-vehicles .. 1,075 17 1 — 517 17 5 Travelling-expenses .. 1,957 2 1 License, lease fees, and miscellaneous .. 863 1 9 17,537 6 0 Opossum revenue.. .. .. .. 3,30J 9 5 Forest-fire prevention— Kauri-gum, sale of, and royalties .. .. 802 17 7 Communication and locomotion expenses .. .. 625 14 5 Wages .. .. .. 1,614 3 9 2,239 18 2 Educational — Forest exhibits .. .. 49 8 7 Photographic records .. 105 8 5 Preparation of departmental bulletins .. .. 341 14 2 ———— 496 11 2 Forest research — Forest ecology .. .. 693 9 6 Silvan management studies .. 277 14 2 Utilization and timber-testing 778 2 7 — 1,749 6 3 Afforestation— Preparation of planting plans and forest extension .. .. 1,481 8 10 Acquisition of indigenous forests— Yearly rent, Otanewainuku Survey District .. .. .. 74 0 0 Grant and subsidies to local bodies— Director's expenses to Forestry Conference .. .. 400 0 0 Grant to Rangitikei County Council.. .. 1,902 0 0 2,302 0 0 Loss on sale, Ranfurly Nursery improvements .. .. .. .. 604 16 10 Depreciation on office equipment, motorvehicles, &c. .. .. .. .. 1,301 11 11 44,480 4 4 | Less cost of administration, national-endow-ment land .. .. .. .. 958 19 9 j 43,521 4 7 Balance carried down .. .. .. 184,366 6 2 £227,887 10 9 £227,887 10 9 £ s. d. £ s. d. To Interest oil debentures and stock .. .. 23,243 010 By Balance brought down .. .. .. 184,366 6 2 Treasury management expenses of stock .. 63 10 2 Interest charged to nurseries and plantations .. 42,066 19 7 Stamp duty on transfers of stock .. .. 115 4 1 Land rental charged to nurseries and plantaSinking Fund Investment Account —Adjust- tions .. .. .. .. .. 1,750 611 ment of interest .. .. .. 17 8 7 Interest on stock and investments .. .. 6,838 7 6 National Endowment Account—Adjustment, Crown Law Office ruling.. .. .. 688 17 1 Sinking Fund Reserve .. .. .. 2,23667 Bad debts reserve .. .. .. 2,500 0 0 Balance to reserve .. .. .. 206,157 12 10 £235,022 0 2 £235,022 0 2 * Field officers' salaries, where possible, have been allocated over field operations.

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