G.—3

2

EAST COAST NATIVE TRUST LANDS. Statement of Receipts and Payments for the Year ending 31st March, 1914. Receipts. Payments. £ s. d. Rents— £ s. d. Bank overdraft, 31st March, 1913 .. 25,677 4 0 Mangaheia No. 2d .. .. .. 2,019 15 3 Surveys, roading, and valuation expenses 1,391 1 5 Mangapoike .. .. .. 2,014 16 6 1 Sale expenses: Mangatu and Tahora Paremata .. .. .. 406 3 4 ; Blocks .. . . .. .. 30 0 0 Tahora No. 2 .. .. .. 1,476 18 1 Clearing bush .. .. .. 1,379 2 6 Tawapata South No. 1 .. .. 600 0 0 Fencing .. . . .. • • 874 9 6 Whangawehi Nos. 1b and lo .. 90 3 0 Sowing .. . . .. .. 652 14 2 WhaitiriNo. 2 .. .. .. 72 0 0 Buildings, yards, and dip .. .. 3,068 0 7 Sales of farm - produce and advances , Water-supply .. . • ■. 71 7 6 against consignments— I Telephone-line erection .. .. 50 9 4 Wool and skins .. .. .. 5,296 5 6 Rents paid to Native owners .. .. 2,805 9 6 Sheep .. .. .. .. 1,562 3 11. ! Purchase-money paid to Native owners .. I ,062 1 7 Cattle .. .. .. .. 2,116 4 8 Paremata Farm profits paid to Native Horses .. .. .. .. 47 10 9 owners . . .. .. .. 350 1 10 Hides .. .. .. .. 6 2 10 Rates and taxes .. .. .. 1,049 15 5 Frozen meat .. .. .. 0,117 11 9 Interest .. .. .. .. 3,866 910 Maize .. .. . . . . 54 7 J Law-costs and mortgage expenses . . 93 .19 3 Rebates on freezing charges .. .. 50 11 9 Salaries — Purchase-money on account of sales of Commissioner .. .. .. 400 0 0 freehold in Mangatu Nos. 5 and 6 .. 996 3 3 Secretary . . .. .. .. 260 0 0 Contribution to roading-expenses by Ma- Office assistance .. . . .. 130 16 8 ngatu No. 1 trustees .. • .. 179 0 0 Supervision of farms .. .. 335 12 0 Judgment and costs re, Rangi Thompson. . 515 0 Travelling-expenses .. .. .. 134 14 0 Interest .. .. . . .. 212 16 6 Audit and office expenses, advertising and Mortgage advances .. .. .. 8,472 3 6 printing .. .. .. .. 238 16 11 Refunds— ; Fire and accident insurance .. .. 58 1 5 8 Sile expenses . . .. .. 3 0 0 j Commission on paying out rents (two Building and fencing .. . . 413 0 years) .. .. • • • . 65 0 0 Seed .. .. .. .. 2 0 0 Wages and droving .. .. .. 1,952 17 8 Rents .. .. .. .. 12 12 2 Crops .. . . .. .. 365 9 8 Expenses .. .. .. .. 10 0 0 Shearing, dipping, and wool charges .. 624 10 I Wages and droving. . .. .. 17 5 0 Clearing noxious weeds .. .. 13 19 0 Dipping .. .. .. .. 5 16 Sheep purchased .. .. .. 2,015 17 9 Bank overdraft, 31st March, 1914 .. 24,649 11 7 Cattle purchased .. .. .. 1,74119 0 Horses purchased . . .. .. 263 17 6 Farm implements, tools, and furnishings 389 14 9 Horse-shoeing .. .. .. 21 7 2 Provisions and stores . . .. .. 608 15 6 Carting . . .. .. .. 204 15 6 Charges on frozen meat .. .. 356 510 Mortgages paid off .. .. 3,650 0 0 Telephone repairs and subscriptions .. 20 19 6 Cash advances to Natives .. .. 224 5 4 £56,500 15 11 £56,500 15 11 T. A. Coleman, Commissioner. Examined and found correct—J. Sandtmann, F.1.A.N.Z., Auditor. Balance-sheet at 31st March, 1914. Liabilities. £ s. d. Assets. £ s. d. Mortgages secured on freeholds .. 49,684 0 0 Freehold lands .. .. .. 306.183 10 0 Accrued interest .. .. .. 1,702 13 J Unpaid purchase-money on sale of freeBank overdraft .. .. .. 24,649 II 7 holds .. ..' .. .. 8.867 1 6 Sundry creditors on open account .. 3,133 9 4 Advances on account of roads, surveys, Advances against wool and frozen mutton 3,597 7 0 and improvements .. .. .. 854 13 2 Unclaimed rents and purchase-moneys .. 3,054 7 5 Sundry debtors on open account .. 1,451 8 I Unclaimed profits from Paremata Farm.. 92 15 2 Rents due and accrued .. . . 537 0 (i Live-stock on farms .. . . . . i 9.369 13 6 85,914 4 I Wool, frozen mutton, and farm-produce Surplus .. .. .. .. 260,106 15 9 unrealized.. ... .. .. 5,177 0 0 Office furniture and travelling plant .. 137 0 0 Advances on account of rents and pur-ohase.-money .. .. .. 3,443 13 1 £346,020 19 10 £346,020 19 10 T. A. Coleman, Commissioner, Examined and found correct. —J. Sandtmann, F.1.A.N.Z., Auditor,