C.—l.

Table 30. — Cheviot Estate : Return of Outlay and Income at 31st March, 1902. Dr. Outlay. £ s- a. Purchase-money .. .. .. .. .. .. .. 260,220 0 0 Roads-construction .. .. .. .. .. .. .. 45,158 10 0 Surveys .. .. .. .. .. .. .. .. 6,411 9 11 Landing-service, administration, and contingencies to 31st March, 1901 .. 12,033 9 8 „ administration, and contingencies, Ist April, 1901, to 31st March, 1902 .. .. .. .. .. .. .. 15 0 0 Interest to 31st March, 1901 .. .. .. .. .. .. 69,525 19 5 Interest, Ist April, 1901, to 31st March, 1902 .. .. .. .. 8,866 2 6 Cheese-factory .. .. .. .. .. .. .. 900 0 0 Total .. .. .. .. .. £403,130 11 6 Cr. Income. Cash—Freehold disposed of .. .. .. .. .. 38,755 6 4 Rents and royalties to 31st March, 1901 .. .. .. .. 104,714 2 2 Ist April, 1901, to 31st March, 1902 .. .. 14,016 0 8 Interest to 31st March, 1901 .. .. .. .. .. 1,421 10 11 Interest, Ist April, 1901, to 31st March, 1902 .. .. .. 45 0 0 Shipping and port charges .. .. .. .. .. 3,828 3 11 Rents and interest unpaid at 31st March, 1902 .. .. .. .. 4,028 8 4 Balance .. .. .. .. .. .. .. .. 236,321 19 2 Total .. .. .. .. .. £403,130 11 6

Table 29 —Summaby of Cheviot Estate Receipts for the Financial Year ending 31st March, 1902. £ s. d. £ s. d. Rents, lease in perpetuity .. .. .. .. .. 6,397 19 5 V.H.S.S 800 6 10 grazing-farms .. .. .• ■• •• 6,285 11 11 miscellaneous pastoral leases .. .. .. .. 523 16 4 14,007 14 6 Timber-outting royalties .. .. .. .. •• •• 862 Interest on advance to Cheviot Dairy Factory Company .. .. 45 0 0 £14,061 0 8

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