C.—s

LAND FOR SETTLEMENTS ACCOUNT —continued. Receipts and Payments foe the Yeak ended 31st Mabch, 1938 —continued. Payments—continued. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. .. 726,438 8 0 Expenditure charged on proceeds of sales of lands — Crown lands : Sales under section 20, Land Act, 1924— Payment to the Public Works Fund of the value of lands set apart or acquired for the purposes of the Post and Telegraph Department but no longer required .. .. .. 35,052 5 5 Payment in respect of settlement land declared to be ordinary Crown land . . . . .. .. .. .. 561 19 0 Acquisition of undivided interests in Native lands under section 3, Native Land Purposes Act, 1934 .. .. 160 9 11 Purchase of land for a public domain from proceeds of realization of reserves in the Fendalton Riding of the Waimairi County 300 0 0 Improvement and development of domains from proceeds sales of area (Hamilton Domain) .. . . . . .. 20 0 0 Purchase of land for purpose of a domain or for the improvement and development of domains (Waihi Domain Board) .. 25 0 0 Payment to Railways Department being value of old stationsite, Auckland .. .. .. .. .. 115,000 0 0 Transfer to Small Farms Account the value of its interest in land now declared Crown lands .. .. .. .. 3,196 211 " Thirds " and " Fourths " paid to Local Bodies' Account from proceeds of sales of Crown lands .. .. .. 50 15 2 Recoupment of deteriorated lands interest in Crown lands on redisposal .. .. .. .. .. .. 108 13 8 154,475 6 7 National Endowment Lands—Sales under section 302, Land Act, 1924 : " Thirds " and " Fourths " paid under section 139, Land Act, 1924 .. .. .. .. .. ~ 14 11 8 154,489 18 3 Balance as at 31st March, 1938 — Cash .. .. .. .. .. .. .. .. 114,408 10 5 Investments .. .. .. .. .. .. 554,305 0 0 — — 668,713 10 5 £1,549,641 16 8

5