B.—l [Pt. IV].

LAND FOR SETTLEMENTS ACCOUNT— continued. Balance-sheet as at 31st March, 1931.

76

Liabilities. Assets. ~ General. Cheviot. Total - ' vrtA n "" lot " Totf "' T nan ranital— £ s (1. £ s. d. £ s. d. £ s. d. £ s. d. Land Account— £ s. d. ! £ s. d. £ s. d. £ s. d. 3 peTcent 69 165 6 6 Estates leased 10,505,474 16 9 385,193 9 1 31 r ' 1,157,947 5 11 .. 160,918 0 0 Estates unlet .. .. .. 185,916 5 8 :)2;> 0 0 " " 7 13 4 10,691,391 2 5 385,518 9 1 •■ 11,076,909 11 6 £4 19s"5-88d per ' 9 5 Estates in course of acquiirmem.. 1,378 0 0 .. .. 1,378 0 0 V Land Laws Amendment Act, 11)29 — .. l5 9,380 0 0 Jf»eed 9.010 0 0 5J „ .. 1,500 0 0 Unlet 4 ' 340 ° ° § " :: STo 0 0 13,350 0 0 .. .. 13,350 0 0 6 .. 24,300 0 0 12,163,904 0 11 Unpaid purchase-price not yet payLess reduction, Finance Act 1,138,600 0 0 able— Nn 9 1Q27 Crops . . .. .. 2/209 ' Buildings .. .. .. 14.".. 396 1 8 11 026 !04 0 11 Sales of settlement land .. 555,943 16 0 5,937 10 0 Crown lands included in estates .. '2HU40 0 0 Sales of Crown land .. .. 335,578 18 4 „ 79,683 16 11 Sales of Crown land .. .. 2,170,938 6 3 1,037,190 16 9 5,937 10 0 79,683 16 11 1,122,812 3 8 13,406,382 7 2 Less amount expended in opening 647,528 1 5 Hutt Valley estates— up Crown land Purchases .. .. .. 164,715 11 9 12 7">8 854 5 9 160,918 0 0 .. 12,919,772 5 9 Roading and incidental expenditure 218,007 3 1 Interest .. .. .. 49,477 9 2 "cheviot Estate ** •• 463,388 2 1 .. 463,388 2 1 Less receipts under section 11 256.712 19 3 National Endowment Trust .. .. •■ 127,679 18 2 127,679 18 2 (2a), Hutt Valley Land Settle ■ Deposits by lessees under section 208, 8,362 12 3 .. .. 8,362 12 3 ment Act, 1925 175,487 4 9 .. .. 175,487 4 9 Land Act, 1924 Sundry creditors- Farm accountsInterest on capital from proceeds 7,532 0 11 [ Mataikona .. .. .. 99 3 1 of Crown land Te \\era .. .. .. 10o,903 u 3 Interest on loans accrued but not 108,993 110 1,373 6 3 Brinklands .. .. .. 15,946 6 3 Departmental 1,474 14 0 121,948 14 7 .. .. 121,948 14 7 SnaXmain " " £5 3 I Plant an,, machinery .. .. 3,885 0 0 .. .. 3,885 0 0 Advances under Deteriorated Lands Act 12,071 8 0 .. .. 12,071 8 0 118,925 8 5 1,373 6 3 .. 120,298 14 8 Debtors' interest on advances under ">44 3 7 .. .. 544 3 7 Deteriorated Lands Act Interest on loans due and unpaid .. 1,571 2 10 .. .. 1,571 2 10 Land Laws Amendment Act, 1929— Land Laws Amendment Act, 1929, Advances to settlers .. 18,507 1 3 .. .. 'f r L,l - section 8 Debtors for interest on advances .. 268 18 o .. .. 268 18 5 Crown lands .. .. .. 8,021 6 6 Advances for development of un- — National Endowment Account .. 1,095 4 2 occupied Crown and settlement lands — 9,116 10 8 .. 9,116 10 8 Crown lands — Expenditure on improvements 45,881 2 1 Discharged Soldiers Settlement Ac- 2,118113 .. 2,11811 3 Kxpenditure on equipment .. 7,19316 8 count—Advances Expenditure on stock .. 309 1 9