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Schedule III. — Trees Account.

Schedule IV. — Property Account. £ s. d. Land (173 acres): Crown lands not charged to Forestry Account Buildings .. .. .. .. .. .. .. 2,358 4 2 Live-stock .. .. .. .. .. .. .. 274 0 0 Improvements .. .. .. .. .. .. 750 5 8 Fencing .. .. .. .. .. .. .. 669 10 10 ■■~" Stores in hand .. .. .. .. .. .. 892 15 1 £4,944 15 9

Schedule V.—Details of One-year-old Trees, sown 1913-14.

Two-year-old Trees, sown 1912-13.

During the Year. Since 1896 to Date. Number. Cost of Raising. Number. Cost of Raising and Maintenance. Estimated Value, as Schedule V. £ s. d. "rees raised .. .. .. 2,342,400 325 2 8 16,413,409 'rees sent out .. .. 700,039 \ .. 12,536,329 £ 27,31 £ s. d. 27,367 10 7 167 £ s. d. 16,413,409 12,536,329 Balance in stock .. .. .. 3,877,080 Value of land, improvements, and stock (Property Account) 5,714 9 4,944 15 9 9 Total value 10,659 5 6

Name of Tree. Number in Height, in Seed-beds. Inches. . i [Seed sown. Value per Thousand. i Total Value, j Bemarks. Pinus Larioio .. „ ponderosa Benthamiana „ austriaca „ radiata muricata „ soopulorum „ densiflora Larix europaea „ leptolepis Pseudo-tsuga taxifolia .. Cupressus maorooarpa .. Sequoia gigantea Eucalypti (18 varieties) 100,000 420,000 800 400,000 1,100,000 16,000 13,000 3,000 150,000 60,000 40,000 15,000 1,000 23,600 1J H 2 3 1 1J 1 1 1 1 2 1 3 lb. 133 100 5 32 120 1 4 0J 45 10 14 2 0J £ s. d. 10 0 10 0 15 0 10 0 10 0 10 0 10 0 10 0 10 0 10 0 15 0 10 0 4 0 0 0 10 0 ' & s. d. 100 0 0 420 0 0 10 0 400 0 0 1,300 0 0 16 0 0 13 0 0 3 0 0 150 0 0 60 0 0 50 0 0 15 0 0 4 0 0 11 16 0 Medium orop. Sturdy plants. Excellent results. Sturdy plants. Fair crop. Not very robust. Fair results. Well-grown plants. Germinated poorly. Experimental. Totals 2,342,400 2,343 16 0

Name oi Tree. s Number Number in in Seed-beds. Nurserylines. Height, in Inches. Value per Total Value. Thousand. Remarks. Pinus Laricio £ s. d. 15 0 2 5 0 2 5 0 2 10 0 2 5 0 2 5 0 2 5 0 2 5 0 1 10 0 2 5 0 2 5 0 6 0 0 6 0 0 15 0 £ s. d. 750 0 0 38 5 0 2J0 0 0 22 10 0 101 5 0 45 0 0 9 0 0 7 4 0 7 10 0 56 5 0 0 18 0 2 8 0 0 8 4 3 15 0 Well-rooted plants. 600,000 17,000 120,000 9,000 45,000 20,000i 4,000 3,200 3 3 7 3 9 5 4 4 ii 8 6 4 4 20 ponderosa Benthamiana „ radiata „ muricata.. „ Taeda „ maritima Pseudo-tsuga taxifolia ' .. Larix europaea .. Oupressus macrocarpa Sequoia gigantea „ sempervirena Populus deltoides Excellent orop. Strong trees. Well grown. Very promising. Strong plants. Attacked by grub. Fair. 5^000 25,000 400 400 70 3,000 Well-rooted cuttings. Totals 605,000 852, 247,070 1,314 8 4 170

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