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Whakarewarewa Nursery. £ s. d. £ s. d. £ s. d. Amount at 31st March, 1901 ... 5,586 11 9 Less value of trees ... ... 3,969 1 7 Less horse-feed used ... ... 91 3 2 4,060 4 9 1,526 7 0 Trees as per Schedule C ... ... ... ... ... 537 4 9 C 1 ... ... ... ... ... 1,972 3 0 C ... ... ... ... ... 637 13 2 C» 534 16 9 C 4 ... ... ... ... ... 239 19 1 C 6 2,311 6 8 Tools and implements ... ... ... ... ... 32 14 6 Buildings ... ... ... . ... ... 5 16 3 Fencing ... ... ... ... ... ... ... 62 8 4 Water-supply ... ... ... ... ... ... 672 Seed-frames (additional) ... ... ... ... ... 24 3 4 Horse-feed in stock ... ... ... ... ... 39 15 1 Improved values ... ... ... ... ... ... 293 11 10 £8,224 6 11 Naseby Survey Paddock Plantation. £ s. d. Amount at 31st March, 1901 ... ... ... ... 820 13 4 Trees planted as per Schedule A" ... ... ... ... 402 17 0 Cartage of trees ... ... ... . ... ... 16 17 6 Planting trees ... ... ... ... ... ... 141 19 0 Digging 26,484 pits ... ... ... ... ... 33 12 3 85,036 pits for next season ... ... ... ... 102 010 Improved value by labour ... ... ... ... ... 80 15 0 Value of 35 tons oaten sheaf at £1 10s. ... ... ... 52 10 0 Horse-feed transferred to nurseries ... ... ... ... 107 19 7 Increased value ... ... ... ... ... ... 33 15 6 £1,793 0 0 Gimmerburn Reserve. £ s. d. Amount at 31st March, 1901 ... ... ... ... 144 2 1 Fencing ... ... ... ... ... ... ... 238 4 1 Eental received (100 acres is leased for cropping with turnips during two seasons previous to planting) ... ... ... 99 19 6 £482 5 8 Dusky Hill Plantation. £ s. d. Amount at 31st March, 1901 ... ... ... ...3,510 8 2 Trees planted as per Schedule B 8 ... . . ... ... 1,448 15 7 Pits planted ... ... ... ... ... ... 633 12 8 Planting trees (449,480) ... ... ... ... ... 483 11 4 Lining out 16,000 trees ... ... ... ... ... 7 0 7 Cartage of trees from nursery ... ... ... ... 41 13 4 Tools, &c... ... ... ... ... ... ... 21 11 8 Value of 675 bushels oats at 2s. 3d. ... ... ... ... 75 18 9 „ 393,840 pits for next year ... ... ... ... 703 19 9 Improved value by roading, clearing, &o. ... ... ... 312 12 4 Increased value of plantation ... ... ... ... 161 16 9 £7,401 0 11 Whakarewarewa Plantation. £ s. d. Amount at 31st March, 1901 ... ... ... ...1,245 12 3 Trees planted as per Schedule C 5 ... ... ... ... 829 16 1 Digging pits for trees ... ... ... ... ... 175 18 4 Planting and sowing trees and seeds ... ... ... ... 149 5 6 Clearing and burning scrub ... ... ... ... ... 152 2 6 Stumping and ploughing fire-break ... ... ... ... 9185 Tools, &c. ... ... ... ... ... ... 15 4 6 Improvements by labour ... ... ... ... ... 247 11 2 Increased value ... ... ... ... ... ... 47 7 9 £2,872 16 6 m_-___-p_____s_s£<S2ms.

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