G.—3

2

EAST COAST NATIVE TRUST LANDS. Statement of Receipts and Payments for the Yeah ending 31st March, 1917. Receipts. Payments. £ s. cl. Rents— £ s. cl. Bank overdraft, 81st Maroh, 1916 .. 27,113 12 9 Mangaheia No. 2d .. .. .. 1,843 11 7 Surveys .. .. .. .. 502 8 0 Mangapoike .. .. .. 1,754 0 3 Bridges .. .. .. .. 50 510 Paremata .. .. .. 390 7 3 Clearing bush .. .. .. 1,159 2 9 Tahora No. 2 .. .. .. 1,519 210 Fencing .. .. .. .. 1,104 0 3 Tawapata South No. 1 .. .. 000 0 0 Sowing .. .. .. .. 298 14 9 Whangawchi Nos. 1b and lo .. 00 2 0 Planting trees .. .. .. 13 4 5 Whaitiri No. 2 .. .. .. 54 0 0 Buildings, yards, and dips .. .. 2,439 10 1 Sales of farm-produce— Drains .. .. .. .. 52 3 6 Wool and skins .. .. ..10,205 9 1.0 Repairs .. .. .. .. 39 15 10 Sheep .. .. .. .. 7,355 10 4 Cutting noxious weeds .. .. 59 11 0 Cattle .. .. .. .. 1,259 1 9 Payments to Native owners—Rents, farm Meat and sundries .. .. .. 11l 18 0 profits, and purchase-moneys .. 8,488 9 5 Horses .. .. .. .. 18 0 0 Rates and taxes .. .. .. 1,204 13 0 Sales of— Interest .. .. .. .. 5,040 1111 Building-material (timber) .. .. 10 0 0 Law-costs and mortgage expenses .. 27 17 0 Travelling plant (buggy) .. .. 31 0 0 Salaries— Freezing bonus .. .. .. 100 3 3 Commissioner .. .. .. 400 0 0 Shearing .. .. .. .. 150 12 3 Secretary . . .. .. .. 184 3 4 Dipping and crutching .. .. 10 16 4 Office assistance .. .. .. 166 0 0 Telephones (party lines) .. .. 38 (i 8 Supervision of farms .. .. 200 0 0 Interest on unpaid purchase-moneys .. 453 14 8 Travelling-expenses .. .. .. 117 11 0 Refunds .. .. .. ~ 113 6 1 Audit and office expenses, advertising and Mortgage advances .. .. .. 1,815 18 2 printing .. .. .. .. 293 6 6 Subscriptions towards erection of Eraser- Office appliances and fittings .. .. 58 5 8 town Meeting-house (per contra) .. 147 0 0 Eire and accident insurance .. .'. 82 12 5 Commission on paying out rents .. 40 0 0 28,048 1 3 Wages and droving .. .. .. 2,568 8 3 Bank overdraft, 31st March, 1917 .. 32,200 14 0 Crops .. .. .. .. 382 7 0 Shearing, dipping, and wool charges .. 1,089 8 2 Live-stock purchased— Sheep .. .. .. .. 3,229 11 1 Cattle .. .. .. .. 1,293 11 0 Horses .. .. .. .. 36 4 0 Cartage .. .. .. .. 504 10 1 Shearing-machines . . . . .. 400 19 0 Farm implements and tools and furnishings 307 19 11 Horse-shoeing .. .. .. 44 13 6 l.'rovisions and stores .. .. 753 14 9 Telephone erection, repairs, and subscriptions .. . . .. .. 47 7 1 Miscellaneous charges . . .. 43 6 6 Contributions to patriotic funds .. 50 0 0 Shares in. Wairoa Farmers' Frozen Meat Company (Limited) .. .. 250 0 0 Payments for Erasertown Meeting-house (per contra) .. .. .. 147 0 0 Sundry advances .. .. .. 17 15 0 £60,308 15 3 £60,308 15 3 — 1 T. A. Coleman, Commissioner. Examined and found correct. —Robert Dodson and Co., Auditors.

Balance-sheet at 31st March, 1917. Liabilities. £ s. d. Assets. £ s. d. Mortgages secured on freeholds .. 00,050 0 0 Freehold lands .. .. .. 343,175 0 0 Accrued interest .. .. .. 1,905 14 3 Unpaid purchase-money on sale of freeBank overdraft .. .. .. 32,260 14 0 holds .. ..' .. .. 8,417 1 6 Sundry creditors on open account .. 4,142 18 1 Accrued interest on same .. .. 147 13 0 Unpaid rents, farm profits, and purchase- Advances on account of reading .. 234 17 0 money .. .. .. .. 5,417 9 4 Advances on account of rents, farm profits, and purchase-money .. .. 4,769 12 3 103,776 15 8 Rents duo and accrued .. .. 1,016 17 0 Surplus .. .. .. .. 290,232 3 9 Sundry debtors on open account .. 3,027 3 8 Live-stock on farms .. .. .. 28,980 15 0 Wool, frozen meat, and farm-produce unrealized .. .. .. .. 8,980 0 0 Shares in the Wairoa Farmers' Co-opera-tive Meat Company (Limited) . . 500 0 0 Office furniture and travelling plant .. 100 0 0 £400,008 19 5 £400,008 19 5 T. A. Coleman, Commissioner. Examined and found correct. —Robert Dobson and Co., Auditors.