B.—l [PT. IV].

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT—continued. Revenue Account foe the Year ended 31st March, 1935. To Interest and sundry charges re By Interest on advances— £ s. <£ £ s. d. loans— £ s. d. £ s. d. Current Account .. 85,236 12 4 Hypothecation of securities 160,658 4 4 Farms, &c. .. .. 302,376 2 3 Interest on debentures .. 151,644 8 0 Dwellings .. .. 222,075 15 6 Interest on amount trans- Merged interests .. 1,440 5 5 ferred from Consolidated Buildings .. .. 1,079 8 3 Fund .. .. 240,986 6 1 Sales .. .. .. 85 7 9 Interest on redemptions Miscellaneous .. .. 115 11 2 from Public Debt Repay- 612,409 2 8 ment Account .. 31,120 0 3 Rents and royalties from properties acquired Management charges of by the Crown .. .. .. .. 48,813 310 stock .. .. 39 5 1 Interest on surplus funds temporarily invested 6,705 1 8 Stamp duty on transfers .. 114 8 4 Profit on disposal of properties .. .. 2,627 11 I Charges and expenses of Transfer and production fees .. .. 281 18 0 raising loans, &c. .. 250 0 0 Valuation fees .. .. .. .. 15 4 6 584,812 12 1 Miscellaneous .. .. .. .. 53 0 1 Expenses of management — Profit on working farms acquired by the Crown 701 15 0 Costs recouped to vote, Recovery of bad debts .. .. .. 238 13 11 Lands and Survey .. 38,850 0 0 Forfeited deposits .. .. .. 110 0 Rebates .. .. 26,489 8 1 Profit on redemption of securities .. .. 12 0 0 Miscellaneous expenditure Balance, loss for year, carried down.. .. 172,812 2 1 on Crown properties .. 6,566 7 9 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

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