47

H.—3Bb

ACCOUNTS FURNISHED BY IMPERIAL GOVERNMENT IN RELATION TO THE PURCHASE AND DISTRIBUTION OF NEW ZEALAND WOOL. New Zealand Cash Account for the Fifteen Months ending 31st March, 1918. Audited by Messrs. J. A. Heselton, Son, and Butterficld, Chartered Accountants, Bradford. Received in New Zealand. Paid in New Zealand. £ B. (1. £ s. rl. To Remittances from War Office .. 2(1,750,000 0 0 By Brokers' wool .. .. 22,065,004 14 4 (Note. —Looal receipts have been Slipe wool .. .. .. 1,693,667 11 1 deducted from the payments to Sheep-skins .. .. .. (143,405 10 S which they correspond.) 24,304,077 16 1 Ifellmongering anil scouring charges 302,304 14 0 Expenses of collection, valuation, and storage in New Zealand .. 1,093,649 510 Balance unexpended .. ... 1,049,968 4 1 £26,750,000 0 0 £26,750,000 0 0 To Balance unexpended .. .. £1,049,968 4 1 New Zealand Wool and Sheep-skins Stock Account for the Fifteen Months f.ndinc 31st March, 1918. Purchases, Shipments and Stock. Hi. E llr. £ To Wool purchased (greasy, By Wool shipped and landed, scoured, slrpes, anil skin at appraised values plus wool) .. .. 387,200,208 24,304,078 charges in New Zealand 195,014,245 13,722,855 Balance unpaid on slipe Wool shipped and lost wool purchased .. .. 254,571 by enemy action, at Fellmongering anil scour- appraised values plus ing charges .. .. .. 348,634 charges in New Zealand 3,413,675 230,254 Expenses of collection. Wool burnt in New Zeavaluation, &c, in New land, at appraised values Zealand .. .. .. 1.189,210 plus charges I hereon . . 115,632 8,988 Pelts arrd skins sold .. .. 136,542 Stock in New Zealand, at appraised values plus charges thereon — Wool .. .. 168,796,777 .11,835,933 Pelts .. .. .. 101,958 Differences in "valuing .. .. 59,963 Loss in. scouring (estimated) .. .. 18,876,385 Unexplained difference in weight .. .. 983,494 387,200,208 £26,096,493 387,200,208 £26,096,493 To Stock remaining in New Zealand or aiioat — lb. £ Wool .. .. 168,796,777 11,835,933 Pelts .. .. .. 101,958 Nf.w Zealand Wool and Sheep-skins Purchase Account for the Fifteen Months ending 31st March, 1918. Ih. £ lb. £ To Purchases landed, at ap- By Sales .. .. .. 31,693,405 3,673,440 praised prices plus Transfers estimated by the charges in New Zealand 195,014,245 13,722,855 Department to heat Difference irr valuing cost — scoured products and Colonial-top distribution stork .. .. .. 59,963 department .. 97,811,000 8,816,005 Loss, wool burnt in New Blending and scouring Zealand, at appraised department .. 9,750,665 842,649 prices plus charges Carbonizing department 210,459 20,17(1 thereon .. .. 115,632 8,988 Interest received on overFreight, and port dues, dm- accounts . . . . 434 and warehousing .. .. 2,013,648 Sale of bagging and hooping .. 23,778 Railway carriage, esti- War and marine risk, estimated oost of free transit .. 136,790 mated sea-water damage Administrative expenses, to wools landed .. .. 1,750 includirrg remuneration Stock, at estimated cost in of committee of London England, including wrrol brokers, valuation charges .. .. 56,305,519 5,341,005 feos, loss in exchange, salaries, and other general expenses.. .. .. 121,686 Interest for the use of Government capital employed .. .. .. 612,700 Provision for war and marine risk, at 2d. per pound on wool shipped .. 1,653,566 Gain in weight .. 641,771 Trading profit .. .. 389,041 195,771,648 £18,719,237 195,771,648 £18,719,237