C.—9

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT—continued. Revenue Account fob the Year ended 31st March, 1936. Dr. Cr. To Interest and sundry charges re By Interest on advances — £ s. d. £ s. d. loans — £ s. d. £ s. d. Current Account .. .. 80,114 16 11 Hypothecation of securities.. 114,768 910 Farms, &c. .. .. 295,608 18 7 Interest on debentures .. 148,358 8 6 Dwellings .. .. 208,782 7 6 Interest on amount trans- Merged interests .. .. 1,824 15 7 ferred from Consolidated Buildings .. .. 969 19 2 Fund .. .. ..240,000 0 0 Sales .. .. .. 108 17 5 Interest on redemptions from Miscellaneous .. .. 206 12 7 Public Debt Repayment 587,616 7 9 Account .. .. 31,124 0 3 Rents from properties acquired by the Crown.. 52,553 6 6 Management charges of stock 78 5 2 Interest on surplus funds temporarily invested 10,214 4 3 Stamp duty on transfers .. 120 1 1 Surplus on disposal of properties .. .. 876 5 2 Charges and expenses of Transfer and production fees, &c. .. .. 362 12 10 raising loans, &c. .. 456 12 11 Miscellaneous .. .. .. .. 63 13 4 Cost of London conversion Profit on working farms acquired by the Crown 748 9 6 loan .. .. . . 9,988 2 0 Recovery of bad debts .. .. .. 287 12 11 — 544,893 19 9 Balance: Loss for year carried down .. 158,557 8 5 Expenses of management — Costs recouped to Vote, Lands and Survey .. .. 38,850 0 0 Rebates .. .. .. 26,577 19 5 Miscellaneous expenditure on Crown properties .. 6,371 15 10 Audit fees .. .. 700 0 0 Travelling-expenses .. 751 14 7 , Printing and stationery .. 157 14 8 Commission, miscellaneous .. 14 3 6 73,423 8 0 Remissions— Land Board recommendations .. .. .. 64,611 13 7 Under Mortgagors and Tenants Relief Act, 1933 .. 7,334 1 9 71,945 15 4 Reduction in value of securities — Losses on realization : Writ-ings-off in Suspense .. 93,804 18 2 Losses on properties acquired by the Crown .. .. 25,369 17 11 Reduction of mortgages, &c., by Dominion Revaluation Board .. .. .. 1,460 9 4 Depreciation in value of Native lease : McGregor Block .. .. .. 381 12 2 121,016 17 7 £811,280 0 8 £811,280 0 8 £ s. d. £ s. (1. To Balance : Loss for year brought down .. 158,557 8 5 By Adjustment previous year .. .. 0 16 7 Balance forward from previous year .. 913,611 14 7 Balance: Accumulated loss to 31st March, 1936 .. .. .. .. 1,072,168 6 5 £1,072,169 3 0 £1,072,169 3 0

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