C.—s

LAND FOR SETTLEMENTS ACCOUNT. Receipts and Payments Account fob the Year ended 31st March, 1939. Receipts. £ s. d. £ s. d. Balance as at Ist April, 1938 .. .. .. .. .. .. 114,408 10 5 Investment Account .. .. .. .. .. .. .. 554,305 0 0 668,713 10 5 Credits-in-aid — Vote, Land for Settlements : Valuation i'eos, sections 7 and 14, Land Laws Amendment Act, 1929 .. .. .. .. .. .. 66 9 8 Sales and capital receipts— Estates — £ s. d. Cash sales .. .. .. .. .. .. 79,410 16 3 Instalments of principal under deferred-payment licenses .. 12,456 18 11 Instalment of principal on buildings .. .. .. 10,767 611 102,635 2 1 Hutt Valley lands— Cash sales .. .. .. .. .. .. 1,351 19 9 Instalments of principal under deferred-payment licenses .. 6,032 13 10 7,384 13 7 Land-development under section 8, Land Laws Amendment Act, 1929— Cash sales .. .. .. .. .. .. 991 17 10 Instalments of principal under deferred-payment licenses .. 452 19 3 Instalments of principal on buildings .. .. .. 145 3 7 1,590 0 8 Crown lands under section 20, Land Act, 1924 — Cash sales .. .. .. .. .. .. 98,509 14 1 Instalments of principal under deferred-payment licenses .. 38,301 11 5 Instalments of principal on buildings .. .. .. 2,829 2 0 139,640 7 6 National-endowment lands under section 302, Land Act, 1924 — Cash sales .. ... .. .. .. .. 9,345 9 2 Instalments of principal under deferred-payment licenses .. 1,717 19 4 Instalments of principal on buildings .. .. .. 93 11 1 11,156 19 7 Mortgages—Advances for development of Crown and settlement lands, &c. : Repayment of advances for— Development of occupied Crown lands .. .. .. 20,049 11 4 Development of occupied settlement lands .. .. 5,421 10 8 Fencing-material, lime, &c., under Deteriorated Lands Act, 1925 487 8 0 25,958 10 0 Advances for roading of endowment lands: Repayment of principal .. . . .. .. .. .. .. 48 9 8 Deposits by lessees under section 208, Land Act, 1924, on account of capital values of land.. .. .. .. .. .. 2,372 1 3 290,786 4 4 Rents and interest—• Rents— Derived from estates .. .. .. .. .. 400,670 16 11 Hutt Valley lands .. .. .. .. .. 172 9 0 Lands developed under section 0, Land Laws Amendment Act, 1929 .. .. .. .. .. .. 5,069 17 8 405,913 3 7 Interest — On sales under deferred-payment licenses — Estates .. .. .. .. .. .. 26,510 J4 11 H utt Valley lands .. .. .. .. .. 5,388 12 9 Lands developed under section 6, Land Laws Amendment Act, 1929 .. .. .. .. •• 662 11 6 32,561 19 2 On advances : Mortgages— Development of occupied Crown lands .. .. .. 8,714 5 7 Development of occupied settlement land s .. .. 1, 326 I 9 Deteriorated Lands Act, 1925 .. .. .. .. 399 0 6 10,439 7 10 On advances for roading of endowment lands .. .. .. 149 7 0 449,063 17 7 Sales of produce, live-stock, and miscellaneous receipts— Seasonal farming receipts— Estates farmed .. .. .. .. .. 12,110 14 8 Crown lands under development .. .. .. .. 13,575 11 0 Settlement lands under development .. .. .. 66,520 0 6 92,206 6 2 Miscellaneous receipts— Estates .. .. .. .. .. .. 1,650 19 4 Crown lands under development .. .. .. .. 2,912 0 6 Settlement lands under development .. .. .. 32,498 9 8 37,061 9 6 129,267 15 8 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 .. .. .. .. .. .. .. .. 12,754 8 10 Interest on investments .. .. .. .. .. .. .. .. 8,893 4 8 £1,559,545 11 2

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