C.-9.

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT— continued. Revenue Account for the Year ended 31st March, 1935. To feterestand sundry charges re By Interest on advances- ' ' £ ,d. £ Hypothecation of securities 160 658 4 4 Current Account .. 85,236 12 4 Interest on debentures .. 151644 8 0 nt N ' 3 ° 2 ' 376 2 3 Interest on amount trans- Dwellings .. 222,075 15 6 ferred from Consolidated Merged interests .. 1, 440 5 5 Fund .. ..240,986 6 1 f Interest on redemptions M - tl " '' 85 7 9 from Public Debt Repay- Miscellaneous .. .. 115 11 2 ment Account .. 31,120 0 3 a u- * ~ 612,409 2 8 Management charges of Rents and royalties from properties acquired stock .. .. 39 5 1 by the Crown 48;813 3 10 Stamp duty on transfers .. 114 8 4 Interest on surplus funds temporarily invested 6,705 1 8 Charges and expenses of Profit on disposal of properties .. .. 2,627 11 1 raising loans, &c. .. 250 0 0 " 2 ?J Expenses of management- 584,812 12 1 Miscellaneous " •• 53 0 1 Costs recouped to vote, Profit on working farms acquired by the Crown 70115 0 Lands and Survey . 38,850 0 0 FnZTL' + ' 238 13 11 Rebates .. .. 26 489 8 1 Forfeited deposits .. .. jlO 0 Miscellaneous expenditure ?? fit on redemption of securities .. .. 12 0 0 on Crown properties .. 6,566 7 9 Balance, loss for year, carried down.. .. 172,812 2 1 Audit fees .. .. 700 0 0 Travelling-expenses .. 776 15 9 Printing and stationery .. 165 15 0 Valuation expenses .. 12 8 0 Commission, miscellaneous 68 8 0 73,629 2 7 Remissions— Land Board recommendations .. .. 70,644 13 3 Dominion Revaluation Board 274 19 8 Under Deteriorated Land Act, 1925 .. .. 25 11 2 Under Mortgagors and Tenants Relief Act, 1933 .. 3,519 7 5 — 74,464 11 6 Reduction in value of securities— Losses on realization : Writ-ings-off in Suspense .. 77,436 1 8 Losses on properties acquired by the Crown .. 33,313 14 7 Reduction of mortgages, &c., by Dominion Revaluation Board .. 651 11 8 Depreciation in value of of Native lease: McGregor Block .. 363 8 9 111,764 16 8 £844,671 2 10 £844,671 2 10 £ s. d. £ s d To Balance: Loss for year brought down .. 172,812 2 1 By Adjustment previous year 10 19 0 Balance forward from previous year .. 740,810 11 6 ' Balance : Accumulated loss to 31st March, 1935 913,611 14 7 £913,622 13 7 £913,622 13 7 3—C. 9.

11