8.—13

4

Statutory Balance-sheet at 31st March, 1903 (as required by the Audit Office in pursuance of Subsections (1) to (5) of Section 50 "Government Advances to Settlers Act, 1894"). Advances to Settlers Office Account — Section 50, (1). Receipts. £ s. d. Expenditure. £ s. d To Cash in hand and in bank at 31st By Advances on mortgage .. .. 481,055 0 0 March, 1902 .. .. .. 36,350 8 6 Advertising .. .. .. 36 10 0 Bills receivable .. .. .. 100 0 0 j Aesuranoe Fund investment with Consent fees .. .. .. 26 0 0 Public Trustee .. .. .. 24,039 7 2 Insurance premiums refunded .. 606 0 6 Audit Department .. .. 200 0 0 Interest on Assurance Fund, Public Assuranoe premiums paid .. .. 552 16 1 Trustee .. .. .. 1,550 10 5 Interest on deposits .. .. 158 13 9 Interest on Bank of New Zealand Interest on loans .. .. .. 89,700 0 0 current account .. .. .. 849 16 0 Interest refunded .. .. .. 2 4 11 Interest on Loans recalled .. .. 3 13 3 Post Office services .. .. 800 0 0 Interest on mortgagee .. .. 112,153 6 5 Printing and stationery .. .. 148 9 4 Interest on Sinking Fund, Public Release fees, &c, refunded:. .. 4 5 0 Trustee .. .. .. 3,579 1 7 Salaries .. . ". . .. 3,594 14 9 Interest on temporary investments .. 184 0 0 Sinking Fund investment jWith Publio Loans Account .. .. .. 249,713 11 7 Trustee ,. .. .. 257,443 12 10 Mortgages and instalments repaid .. 257,443 12 10 Sundries .. .. .. ., 261 18 11 Mortgage-forms .. .. .. 124 0 6 Suspense Aocount.. .. .. 15,029 4 8 Production fees .. .. .. 234 0 6 Telegrams .. .. .. 36 15 9 Public Trustee, refunds .. .. 227,530 12 5j Valuation Department services .. 2,500 0 0 Release fees .. .. .. 204 15 0 j Valuation fees refunded .. .. 99 0 6 Sundries .. .. .. .. 266 9 6 j Cash in hand and in bank at 31st Suspense Account.. .. .. 15,397 0 3 March, 1903 .. .. .. 33,007 8 1 Valuation fees .. .. .. 2,353 2 6 £908,670 1 9 £908,670 1 9 Statutory Management Account — Section 50, (2). Receipts. £ s. d. Expenditure. £ s. d To Bills receivable .. .. .. 100 0 0 By Advertising .. .. .. 36 10 0 Consent fees .. .. .. 26 0 0 Assurance Fund investment with Insurance premiums refunded .. 606 0 6 Public Trustee .. .. .. 24,039 7 2 Interest on Assurance Fund, Public Audit Department .. .. 200 0 0 Trustee .. .. .. 1,550 10 5 Assurance premiums paid .. .. 552 16 1 Interest on Bank of New Zealand, Interest on deposits .. .. 158 13 9 current account.. .. .. 849 16 0 Interest on loans .. .. .. 89,700 0 0 Interest on Loans recalled .. .. 3 13 3 Interest refunded .. .. .. 2 4 11 Interest on mortgages .. .. 112,153 6 5 Post Office services .. .. 800 0 0 Interest on Sinking Fund, Public Printing and stationery .. .. 148 9 4 Trustee .. .. .. 3,579 1 7 Release fees, &c, refunded.. .. 4 5 0 Interest on temporary investments .. 184 0 0 Salaries .. .. .. .. 3,594 14 9 Mortgage-forms .. .. .. 124 0 6 Sundries .. .. .. .. 261 18 11 *" Production fees .. .. .. 234 0 6 Telegrams .. .. .. 36 15 9 Release fees .. .. .. 204 15 0 Valuation Department .. .. 2,500 0 0 Sundries .. .. .. .. 266 9 6 Valuation fees refunded .. .. 99 0 6 Valuation fees .. .. .. 2,353 2 6 £122,234 16 2 £122,134 16 2

Statutory Investment Account showing Moneys invested under the Act — Section 50, (3).

From passing of Act to For the Year ended 31st March, 1903. 31st March, 1903. Receipts. Balance brought forward Moneys rooeived from Colonial Treasurer, being proceeds of Loans Temporary advances Principal moneys received, being repayments by mortgagors Sinking Fund moneys received from Public Trustee Moneys withdrawn from temporary investment £ s. d. 2,552,118 16 7 505,000 0 0 924,356 10 4 798,489 2 6 843,333 2 0 £ s. d. 33,296 18 1 49,713 11 7 200,000 0 0 257,443 12 10 227,530 12 5 Totals £5,623,297 11 5 £767,984 14 11 Payments. Eefunds of temporary advances Investments on mortgage Transfer to Public Trustee of principal moneys repaid by mortgagors .. Moneys temporarily invested Balances 305,000 0 0 3,516,285 0 0 924,356 10 4 848,169 19 0 29,486 2 1 481,055 0 0 257,443 12 10 29,486 2 1 Totals £5,623,297 11 5 £767,984 14 11 Moneys invested under the Act on 31st March, 1903. Advances on mortgage Temporary investments, Bank of New Zealand guaranteed stock 2,591,928 9 8 4,836 17 0 Total £2,596,765 6 8 Statement of Arrears — Section 50, (4). Amount of arrears of principal Amount of arrears of interest 1,385 8 8 6,043 17 0 Total £7,429 5 8