H.—3Bb

54

New Zealand Wool and Sheep-skins Purchase Trading Account for the Nine Months ending 31st December, 1920.

Comparative Figures, 31st March, 1920. Comparative Figures, 31st March, 1920. £ lb. £ £ lb. £ 2,374,350 !0,112,141 176,428 411 2,448,366 71,063 165,782 1920, Mar. 31— To Stock, at ostimated market value ruling in'December, 1920 1920, Dec. 31— Purchase landed, at airpraised prices plus charges in New Zealand Net loss on revaluation after scouring and follmongering Loss on wool by fire in New Zealand, at appraised prices plus charges thereon Freight, port dues, and warehousing Loss on reconditioning wool damaged by water in England Loss in exchange in remittances Administrative expensos, including remuneration o f Committee o f London Wool-brokers, valuation foes, salaries, and other general expenses Provision for marine risk on wool shipped and landed Interest for use of capital employed Roserve of 65 per cent. . for depreciation irr value of stock in Dominion and afloat, by the instructions of the Ministiy £6,849,124 Less reserve of 35 per cent, provided at 3lst March, 1920 £5,621,914 Gain in weight 89,510,926 118,219,721 4,984,460 9,092,865 218,753 48,154 1,251,270 30,318 23,870 70,800 24,582,847 262,533 31,453 7,677 6,469 25,713 11,592 55,500 4,984,460 2,258,993 1920, Dec. 31— By Sales Transfer-s, at estimated cost prices— Top-distribution Blending and scouring Carbonizing Auction Interest received on accounts overdue Sale of bagging and hooping Marine risk (estimated sea - water damage to wools landed) Stock, at estimated cost in England including charges £10,970,461 Less reserve of 60 per cent, for depreciation in value, by the instructions of the Mirristry £6,582,277 Trading loss 129,629,988 78,682,684 7,609,585 12,681 451 19,188 4,388,184 5,482,923 219,608 99,331 i 1,037,174 465,981 5,621,914 1,227,210 576,025 i2,227,237 208,312,672 j 17,513,012 32,227,237 : 1208,312,672 17,513,012 ;