B.—lo

6

APPENDIX B. Statement of the Receipts and Expenditure of the Lower Harbour Fund to the Dr. 30th September, 1885. Cr.

[Approximate Cost of Paper.— Preparation, not given ; Printing (1,350 copies), £i 2s. 6d. I

Authority: Geobge Didsbubv, Government Printer, Wellington.—lBB6.

£ s. d. Gross amount of Lower Harbour share of loan .. .. .. .. 100,000 0 0 Half - share of the expenses of raising loan:— Discount .. .. £3,596 1 6 Commission, &c. .. 1,918 18 4 5,514 19 10 Half-interest on loan and exchange .. .. £10,093 13 6 Less interest on paid deposits .. .. 2,417 5 7 7,676 7 11 Half-interest on bank overdraft prior to raising loan .. .. .. 1,476 8 6 Interest at 6 per cent, on plant used in Lower Harbour .. .. £6,339 3 6 Depreciation at 5 per cent, on plant used in Lower Harbour .. 5,282 12 9 11,621 16 3 Purchase of fresh plant for Lower Harbour 2,997 10 0 Repairs to plant employed in Lower Harbour .. .. .. .. 5,108 15 6 Sir John Coode's survey of Lower Harbour 821 1 8 Works at the North Heads .. .. 16,339 16 10 Wages, coal, &o., for dredging .. .. 13,110 1 8 Tide-gauges .. .. .. .. 98 19 4 Boring at Port Chalmers .. .. 392 2 10 Pilot-station repairs .. .. .. 498 11 10 Signal-buoys and beacons .. .. 175 7 2 Lights and" lightships .. .. .. 1,462 7 10 Half-share of office staff and expenses .. 1,880 0 5 engineering staff & expenses 1,938 11 3 Half-cost of new offices .. .. 1,337 4 10 Total expenditure .. .. 72,450 3 8 Balance .. .. .. 27,549 16 4 £100,000 0 0 £100,000 0 0