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EAST COAST MAORI TRUST LANDS—continued Statement op Accounts for the Year Ended 30th June, 1948 PAKOWHAI FARM Credits £ s. d. Balance at credit at 30th June, 1947 .. .. .. .. .. .. 12,229 13 8 Plant and furniture at 30th June, 1948 .. .. .. .. .. 672 12 5 1948 wool — £ s. d. £ s. d. Sold .. . . . . .. -. . ■ 341 9 5 Unrealized .. .. .. .. 800 349 9 5 1947 wool— £ s. d. Valued at .. .. .. ..800 Realized .. .. .. .. ..360 4 14 0 — 344 15 5 Sheep sold (1,724) .. .. .. .. .. .. 2,672 6 6 Cattle sold (260) .. .. .. .. .. .. 3,829 9 9 Horse sold (1) .. . . .. . . .. .. 5 14 6 Skins and hides sold .. .. .. .. .. 4 12 0 Meat sold .. .. .. .. .. .. .. 400 Hay sold .. .. .. .. .. .. .. 81 18 4 Live-stock at 30th June, 1948 728 sheep .. .. .. .. .. 543 12 0 67 cattle .. .. .. .. .. .. 297 0 0 3 horses .. .. .. .. .. 30 0 0 B7O 12 0 7,813 8 6 20,715 14 T Debits Live-stock at 30th June, 1947 946 sheep .. .. .. .. .. 982 9 0 111 cattle .. .. .. .. .. 479 0 0 3 horses .. .. .. .. .. 30 0 0 1,491 9 0 Sheep bought (1,127) .. .. .. .. 1,482 0 2 Cattle bought (217) .. .. .. .. .. .. 3,012 0 0 Wages .. .. .. .. . . .. .. 728 9 9 Repairs, maintenance, and running-expenses . . .. .. 454 9 5 Rates .. .. .. .. .. .. .. 212 13 7 Interest written back .. .. .. .. .. 2,153 11 11 Management and office expenses .. .. .. .. 7500 9,609 13 10 Distribution .. .. .. .. .. 374 0 0 Donations .. .. .. .. .. 24 0 1 Committee fees and expenses .. .. .. .. 1875 Proportion of cost Muriwai Dining-hall and Meeting-house 497 6 4 Proportion of cost Muriwai Cemetery .. .. .. 55 9 10 969 3 8 Plant purchased .. .. .. .. .. 86 6 0 Plant and furniture at 30th June, 1947 . . .. 586 6 5 672 12 5 11,251 9 11 Balance at credit at 30th June, 1948 .. .. .. .. .. .. £9,464 4 8

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