C.— 5.

4

LAND FOR SETTLEMENTS ACCOUNT—continued. Balance-sheet as at 31st March, 1932.

Liabilities. || Assets. General. Cheviot. ' Total " ! General. Cheviot. N8 mm?Tr!rat° W ~ TotaL Loan capital £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Land Account — £ s. d. £ s. d. £ s. d. £ s. d. 3 percent. .. 69,165 0 0 ! Estates leased .. .. 10,500.171 17 5 384,506 9 1 3J per cent. .. 1,382,947 5 11 .. 1 160,918 0 0 Estates unlet .. .. 252,227 3 8 325 0 0 3| per cent. .. 545,425 0 0 ! 4 percent. .. 6,416,275 3 11 ! 10,752,399 1 1 384,831 9 1 .. 11,137,230 10 2 4£ per cent. .. 1,004,664 12 3 — r £4 19s. 5*88d. per 33,446 6 11 : Provisional State Forest .. .. 3,158 6 6 .. .. 3,158 6 6 een t* i Land Laws Amendment Act, 1929— 5 percent. .. 1,058,380 0 0 ; Leased .. .. .. 25,575 0 0 5J per cent. .. 1,500 0 0 XJnlet .. .. .. 7,705 0 0 5J per cent. .. 216,300 0 0 j 5i per cent. .. 1,415,420 0 0: 33,280 0 0 .. .. 33,280 0 0 — 12,143,523 9 0 ! __ Less reduction, Finance Act, 1,138,600 0 0 Unpaid purchase-price not yet pay(No. 2), 1927 F " . Buildings .. .. .. 140,406 3 9 35 6 8 11,004,923 9 0; Improvements .. .. 1,201 17 2 Crown lands included in estates 211,940 0 0: Sales of settlement land .. 556,494 18 2 5,841 10 0 Sales of Crown land .. .. 2,191,940 11 11 Sales of Crown land .. .. 336,107 3 9 .. 68,287 11 4 13,408,804 0 11 : 1,034,210 2 10 5,876 16 8 68,287 11 4 1,108,374 10 10 Less amount expended in open- 647,528 1 5 j ing up Crown lands ! \ Hutt Valley estates— ; 12,761,275 19 6 j 160,918 0 0 .. 12,922,193 19 6 Purchases .. .. .. 164,760 11 9 1 Roading and incidental expendi- 222,529 7 10 ture Accumulated funds— I : Interest .. .. .. 55,617 3 2 Cheviot Estate.. .. .. .. j 462,701 2 1 .. 462,701 2 1 National Endowment Trust .. .. .. 115,837 16 11 115,837 16 11 442,907 2 9 Deposits by lessees under section 208, 8,328 3 3 .. .. 8,328 3 3 Less receipts under section 11 271,370 19 3 Land Act, 1924 ( 2a ), Hutt Valley Land Settle- ! ! ment Act, 1925 — Sundry creditors— 171,536 3 6 .. .. j 171,536 3 b Interest on capital from proceeds of 8,616 12 5 Crown land Farm accounts — Interest on loans accrued but not 93,783 6 5 i 1,373 6 3 Mataikona .. .. .. 99 3 1 due TeWera .. .. .. 112,811 10 2 Interest on National Endowment 1,174 17 7 j Brinklands .. .. .. 18,450 15 2 Trust Funds ! Departmental .. .. .. 8,425 16 0 j 131,361 8 5 .. i .. 131,361 8 5 Miscellaneous .. .. .. 5,966 6 9 | Turakina Domain .. .. 317 3 1 | Plant and machinery .. .. 3,885 0 0 .. •• 3,885 0 0 Advances under Deteriorated Land 12,161 14 6 .. .. 12,161 14 6 118,284 2 3 1,373 6 3 .. 119,657 8 6 Act „ Debtors' interest on advances under 77572 .. .. 77572 Interest on loans due and unpaid .. 10,808 6 1 .. .. 10,808 6 1 Deteriorated Land Act Land Laws Amendment Act, 1929, Land Laws Amendment Act, 1929— section 8 j Advances to settlers .. .. 67,227 0 2 .. .. I 67,227 0 2 Crown lands .. .. .. 19,895 2 2 ! Debtors for interest on advances 2,223 7 3 .. .. 2,223 7 3 National Endowment Account .. 6,246 7 3 Primary Education Account .. 177 19 1 Advances for development of unNative Land Settlement Account 1,044 0 0 occupied Crown and settlement lands— Crown lands — 27,363 8 6 .. .. 27,363 8 6 Expenditure on improvements 126,232 6 4