C.—s

LAND FOR SETTLEMENTS ACCOUNT. Receipts and Payments Account foe the Yeak ended 31st March, 1938. Receipts. £ s. d. £ s. d. Balance as at Ist April, 1937 .. .. .. .. .. .. 468,237 15 8 Investment Account .. .. .. .. .. .. .. 16,365 0 0 484,602 15 8 Credits-in-aid : Vote, Land for Settlements — Valuation fees, sections 7 and 14, Land Laws Amendment Act, 1929 .. .. 73 6 0 Miscellaneous .. .. .. .. .. .. .. .. 12 14 8 86 0 8 Sales and capital receipts— Estates — £ s. d. Cash sales .. .. .. .. .. .. 111,810 6 6 Instalments of principal under deferred-payment licenses .. 25,019 18 1 Instalments of principal on buildings .. .. .. 5,616 4 0 142,446 8 7 Hutt Valley Lands — Cash sales .. .. .. .. .. .. 70,778 15 0 Instalments of principal under deferred-payment licenses .. 5,924 11 8 76,703 6 8 Land-development under section 8, Land Laws Amendment Act, 1929— Cash sales .. .. .. .. .. 1,668 9 9 Instalments of principal under deferred-payment licenses .. 247 10 5 Instalments of principal on buildings .. .. .. 54 7 8 1,970 7 10 Crown lands under section 20, Land Act, 1924 — Cash sales .. .. .. .. .. 97,458 0 2 Instalments of principal under deferred-payment licenses .. 30,818 0 3 Instalments of principal on buildings .. . . .. 1,007 5 1 129,283 5 6 National-endowment lands under section 302, Land Act, 1924— Cash sales .. .. .. .. .. .. 12,863 8 3 Instalments of principal under deferred-payment licenses .. 2,800 6 7 15,663 14 10 Mortgages —Advances for development of Crown and settlement lands, &c. : Repayment of advances for— Development of occupied Crown lands .. .. .. 21,301 13 8 Development of occupied settlement lands. . .. .. 4,144 17 1 Fencing-material, lime, &c., under Deteriorated Lands Act, 1925 376 9 11 25,823 0 8 Advances for roading of endowment lands: Repayment of principal .. .. .. •. ■ • .. .. 52 4 7 Deposits by lessees under section 208, Land Act, 1924, on account of capital values of land .. .. .. .. .. 2,882 13 2 394,825 1 10 Rents and interest — Rents — Derived from estates .. .. .. .. .. 440,588 411 Hutt Valley lands .. .. .. .. .. 147 3 11 Lands developed under section 6, Land Laws Amendment Act, 1929 4,431 17 8 445,167 7 6 Interest — On sales under deferred-payment licenses— Estates 22,155 17 7 Hutt Valley lands .. .. .. .. .. 5,787 3 2 Lands developed under section 6, Land Laws Amendment Act, 1929 .. .. .. .. .. .. 580 10 1 28,523 10 10 On advances : Mortgages— Development of occupied Crown lands .. .. .. 6,908 17 3 Development of Occupied settlement lands .. .. 975 4 3 Deteriorated Lands Act, 1925 .. .. .. .. 279 5 10 8,163 7 4 On advances for roading of endowment lands .. .. .. 158 18 1 482,013 3 9 Sales of produce, live-stock, and miscellaneous receipts— Seasonal farming receipts— Estates farmed .. .. .. .. . ■ 14,536 0 0 Crown lands under development .. .. .. .. 13,951 16 0 Settlement lands under development .. .. .. 49,941 5 9 78,429 I 9 Miscellaneous receipts— Estates .. .. .. .. 2,231 5 8 Crown lands under development .. .. .. .. 5,581 10 4 Settlement lands under development .. .. .. 13,037 3 4 20,849 19 4 99,279 I 1 Receipts from Hutt Valley Settlement lands applied towards money expended for the acquisition of land subject to the Hutt Valley Land Settlement Act, 1925, or in respect of the preparation of land for disposal .. .. .. .. •. •• •• •• 80,689147 Interest on investments .. .. .. .. .. •• •• 8,145 19 1 £1,549,641 16 8

3