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Statement of Assets and Liabilities (not including Fixed Assets) as at 31st March, 1922. Assets. £ s. d. Liabilities. £ s. d. Cash in hand .. .. .. 170 18 6 Wireless Account to 31st March, 1922 Cash in bank .. .. .. 233 15 6 (estimated)* .. .. .. 3,700 0 0 Sundry creditors .. .. .. 1,720 Gll Sundry debtors — Proceeds of Customs reported as due but Local .. .. .. .. 412 6 5 not yet paid .. .. .. 1,388 17 9 j Defonoe and medical stores .. .. 127 19 3 Stamp-sales in New Zealand duo but not Briscoe and Co. .. .. .. 74 8 2 yet paid .. .. .. .. 1,615 710 Orchards Agency .. .. .. 106 7 7 High Court fees .. .. .. 197 6 0 Smith and Smith .. .. .. 51 511 Native Land Court fees .. .. 919 16 3 Other accounts in Now Zealand .. 45 19 5 Sundry accounts due for rates, fees, &c, Nurses' Home, Aitutaki .. .. 125 15 0 not yet received .. .. .. 104 15 11 Advances made in New Zealand .. 80 10 2 Wireless terminal charges duo but not yet Contingent losses— £ s. d. paid .. .. .. .. 283 19 11 Mangaia Fruit-case Account 375 0 0 Aitutaki Fruit-case Account 25 13 6 400 13 6 High Court foes that will be worked off in lieu of payment of fine .. .. 100 0 0 Native Land Court fees ostimated as irrecoverabie .. .. .. 619 16 3 Sundry accounts duo, ostimated as irroeoverable .. .. .. .. 31 19 0 Balance .. .. .. .. 764 3 11 £6,641 4 7 £6,641 4 7 * To bo adjusted by voto on Cook Islands Department's estimates for this year. Trade. The overseas trade for 1921 amounted to £182,335, imports being £112,974 and exports £69,361. The disparity between imports and exports, though far from satisfactory, is not so marked as in the previous year. The most satisfactory feature of the fruit-export trade is the increase in bananas, which shows 52,388 cases, as against 25,944 cases in 1920. Tomatoes also show an increase, but the orange crop was poor. Copra exported amounted to 803 tons, but there was no export of pearl-shell. Both oranges and bananas are now more plentiful, and the shipping facilities are somewhat improved. Judging by current figures, the position at the end of this year will prove better. Poet of Avarua. Return of Imports for the Year ended 31st December, 1921. £ £ New Zealand .. ... .. 97.226 United States of America .. .. 9,390 United Kingdom .. .. .. 2,947 France .. .. .. .. 11 Australia .. .. .. .. 560 Tahiti .. .. .. .. 2,830 South Africa .. .. .. 2 British New Guinea.. .. .. 8 £112,974

Return of Exports for the Year ended 31st December, 1921.

Article. Where exported. Where exported. Quantity Quantity. yValue. Total. Bananas .. . . New Zealand Oranges . . .. ,, Tomatoes .. . . ,, Pines .. . . „ Lemons/Limes . . ,, Kumeras/Taro . . ,, 52,3S 57, ie 34,4E 2,06 3E 1,22 88 cases 69 „ 57 „ 62 „ 54 „ 30 „ £ £ 52,388 cases 57,169 „ 34,457 „ 2,062 „ 354 „ 1,230 „ 21,680 22,343 11,169 361 176 397 21,680 22,343 11,169 361 176 397 Arrowroot . . .. ,, 83 kits 83 kits 124 124 Cucumbers .. „ 3 cases 65 „ 3 cases 1 16 1 16 Mangoes .. .. ,, 6 65 „ Coffee .. .. „ 76 sacks 7 76 sacks 608 608 Coconuts .. . . „ Tahiti 2,581 cases and sacks 12 sacks 2,58 1 SI cases a 12 sacks and sac inn <j a n cks 642 3 645 Copra . . .. New Zealand United States of America Tahiti 2,593 cases and sacks S5,0« 12 45 22 tfd cases a 24 tons 54! .. 24! » ind sac cks 124 tons 454! .. 224! » 1,721 6,826 3,294 11,841 -Total 803 tons 80 33 tons ■ • £69,361 SUMMAI IY. £ 19,238 6,826 3,297 New Zealand United States of America Tahiti 5' £6' 19,361

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