8.—13

4

Statutory Balance-sheet at 31st March, 1904 (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 .. .. 463,815 0 0 March, 1903 .. .. .. 33,007 8 1 Assurance Fund investment with Bills receivable .. .. .. 100 0 0 Public Trustee .. .. .. 23,506 13 7 Consent fees .. .. .. 20 5 6 Audit Department .. .. 200 0 0 Insurance premiums refunded .. 658 17 6 Insurance premiums paid .. .. 645 18 3 Interest on Assurance Fund, Public Interest on deposits .. .. 101 18 10 Trustee .. .. .. 2,391 17 8 Interest on loans .. .. .. 100,366 13 10 Interest on Bank of New Zealand Interest refunded .. .. .. 4 16 current account .. .. .. 517 8 9 Loan charges .. .. .. 20,584 19 7 Interest on loans recalled .. .. 3 17 8 Post Office .. .. .. 800 0 0 Interest on mortgages .. .. 120,731 9 0 Printing and stationery .. .. 137 1 9 Interest on Sinking Fund, Public Release fees, &c, refunded.. .. 6 12 0 Trustee .. .. .. 4,666 10 11 Salaries .. .. .. .. 3,810 18 7 Interest on temporary investments .. 559 15 0 Sinking Fund investment with Public Loans Account .. .. .. 250,000 0 0 Trustee .. .. .. 258,305 3 11 Mortgages and instalments repaid .. 258,305 3 11 Sundries .. .. .. .. 295 14 10 Mortgage-forms .. .. .. 151 0 0 Suspense Account.. .. .. 14,296 14 8 Production fees .. .. .. 217 6 3 Telegrams .. .. .. 10 7 6 Public Trustee, refunds .. .. 225,652 7 0 Temporary investments .. .. 9,393 15 7 Release fees .. .. .. 214 15 6 Valuation Department .. .. 2,500 0 0 Sundries .. .. .. .. 248 11 11 Valuation fees refunded .. .. 225 16 0 Refund of salary .. .. .. 66 13 4 Cash in hand and in bank at Slst Suspense Account.. .. .. 14,308 19 8 March, 1904 .. .. .. 14,978 4 11 Valuation fees .. .. .. 2,163 7 8 £913,985 15 4 £913,985 15 4 Statutory Management Account — Section 50, (2). Receipts. £ s. d. Expenditure. £ s. d. To Bills receivable .. .. .. 100 0 0 By Assurance Fund with Publio Trustee 23,506 13 7 Consent fees .. .. .. 20 5 6 Audit Department .. .. 200 0 0 Insurance premiums refunded .. 658 17 6 Insurance premiums paid .. .. 645 18 3 Interest on Assurance Fund .. 2,391 17 8 Interest on deposits .. .. 101 18 10 Interest on Bank of New Zealand Interest on loans .. .. .. 100,366 13 10 current account.. .. .. 517 8 9 Interest refunded .. .. .. 4 16 Interest on loans recalled .. .. 3 17 8 Post Office .. .. ' .. 800 0 0 Interest on mortgages .. .. 120,731 9 0 Printing and stationery .. .. 137 1 9 Interest on Sinking Fund, Public Release fees, &c, refunded.. .. 6 12 0 Trustee .. .. .. 4,666 10 11 Salaries .. .. .. .. 3,810 18 7 Interest on temporary investments .. 559 15 0 Sundries .. .. .. .. 295 14 10 Mortgage-forms .. .. .. 151 0 0 Telegrams .. .. .. 10 7 6 Production fees .. .. .. 217 6 3 Valuation Department .. .. 2,500 0 0 Refund of salary .. .. .. 66 13 4 Valuation fees refunded .. .. 225 16 0 Release fees .. .. .. 214 15 6 Sundries .. .. .. .. 248 11 11 Valuation fees .. .. .. 2,163 7 8 £132,711 16 8 £132,611 16 8

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

From passing of Act to i For the Vear ended 31st March, 1004. 31st March, 1904. Receipts. £ s. d. £ s. d. 29,486 2 1 229,415 0 5 120,000 0 0 258,305 3 11 225,652 7 0 Balanoe brought forward ttoneys reoeived from Colonial Treasurer, being proceeds of Loans advances Mncipal moneys received, being repayments by mortgagors Sinking Fund moneys received from Public Trustee .. Joneys withdrawn from temporary investment 2,781,533 17 0 625,000 0 0 1,182,661 14 3 1,024,141 9 6 843,333 2 0 Totals £6,456,670 2 9 £862,858 13 5 Payments. Refunds of temporary advances investments on mortgage transfer to Public Trustee of principal moneys repaid by mortgagors .. tloneys temporarily invested Balances 425,000 0 0 3,980,100 0 0 1,182,661 14 3 857,563 14 7 11,344 13 11 120,000 0 0 463,815 0 0 258,305 3 11 9,393 15 7 11,344 13 11 Totals £6,456,670 2 9 £862,858 13 5 Moneys invested under the Act on Slst March, 1904. Advances on mortgage temporary investments, Bank of New Zealand guaranteed stock Pemporary investments, 3 per cent, stock 2,797,438 5 9 4,836 17 0 9,393 15 7 Total £2,811,668 18 4 Statement of Arrears — Section SO, (4), Amount of arrears of prinoipal Amount of arrears of interest 1,589 12 2 6,502 1 5 Total £8,091 13 7