25

H.—6

Kaihu Valley Railway.—Cost of Construction to 4th January, 1890, including Interest paid and payable on Owen's Mortgage up to 4th January, 1889 (the Date on which that Portion of Railway was open for Traffic), and on Fallon's Mortgage up to 4th January, 1890 (that Portion of Railway not being yet opened).

4—H. 6.

Paid. Due. Total. Promoters'expenses Sheehan's contract, wharf and station reclamation at Dargaville, also formation railway from 0 miles 0 chains to 0 miles 41 chains Nicholson's contract, sleepers Spiers's „ Stationmaster's house and office Owen's „ construction from 0 miles 41 chains to 16 miles 20 chains, and rolling-stock Mitchelson's contract, construction from 10 miles 20 chains to 16 miles 75 chains Fallon's contract, construction from 16 miles 75 chains to 19 miles 21 chains Stable General administration, viz.— Salaries —Secretary, clerks, and auditors, &c. Office-expenses, viz.— Office furniture .. Stationery, rent, insurance, and sundries Annual licenses.. Travelling-expenses Property-tax and rates Law charges, fees on Crown grants, endowment charges Survey and engineering— Salaries of engineers Instruments, &c. Wages of chainmen and labourers Camp charges (provisions, horse-feed, horse-hire) Valuing land and reports on forests, &c. Commission on sale of debentures, £47,000 at 3 per cent. Interest — On debentures to 4th January, 1889, £4,143 Is. 7d. On bank overdraft to 4th January, 1889, £1,639 14s. 4d. ] On Trust Account, lis. 8d. .. .. .. \ Discounts, £7 19s. 5d. .. .. .. .. J On Owen's mortgage, £11,385 6s. 6d., from 1st January, 1889, to 4th January, 1889, at 7 per cent., say On Fallon's mortgage, £5,000, from 29th July, 1889, to 4th January, 1890, at 10 per cent. £ s. a. 257 11 4 £ s. a. £ s. d. 257 11 4 8,708 15 4 704 5 4 444 16 9 3,708 15 4 764 5 4 444 16 9 42,495 8 5 11,385 6 6 53,880 14 11 565 17 9 140 0 3 705 18 0 039 12 8 9 18 6 5,581 12 5 6,221 5 1 9 18 0 910 2 0 102 12 2* 1,012 14 8 .19 19 1 374 9 3 210 0 0 58 10 7 102 17 11 530 2 0 3 14 6 66 17 3 23 13 7 441 6 6 210 0 0 53 10 7 105 8 11 1,110 10 8 2 11 0 580 14 2 3,520 8 11 125 17 4 1,015 7 10 013 16 9 56 17 0 1,410 0 0 02 0 0 85 12 7 3,582 8 11 125 17 4 1,015 7 10 099 9 4 50 17 0 1,410 0 0 3,525 0 0 018 1 7 4,143 1 7 1,648 5 5 1,048 5 5 8 14 6 8 14 6 217 16 3 217 16 3 Total stated cost of construction-works Deduct promoters' expenses (not shown in receipts or expenditure) 03,003 1 2 257 11 4 18,861 13 2 81,804 14 4 257 11 4 Net total cost of construction-works to 4th January, 1890 Add contingent liabilities on construction-works, as shown in statement of liabilities herewith 62,745 9 10 38,861 13 2 81,007 3 0 13,320 2 4 13,320 2 4 Grand total expenditure and liabilities on construction-works, including estimated cost of completing railway, with per-manent-way, Ac. (This corresponds with amount shown in summary statement herewith.) .. Add Contributions out of Capital Account towards working-ex-penses Charges appertaining to working railway, as shown in statement of liabilities herewith .. 62,745 9 10 32,181 15 6 94,927 5 4 400 0 0 400 0 0 417 8 5 8,875 10 4 3,792 18 9 Grand total expenditure and liabilities, including contributions from Capital Account to working-expenses, but exclusive of amounts derived from railway revenue. (This includes estimated cost of completing railway, with permanent-way, &c. ; it also corresponds with amount shown in summary state- j ment herewith.) .. .. .. .. .. j Total liabilities, as shown herein .. .. £35,557 5 10 i Loans and Bank overdrafts, as shown in summary statement herewith .. .. .. 55,875 17 2 £68,562 18 8 £85,557 5 10 £99,120 4 1 Grand total liabilities, as shown in summary statement herewith .. .. .. £91,433 3 0 - This is net result after deductini bills renewable, calls due, and sb ires on hand