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EXPENDITURE Summary of Expenditure Approved During the Year Ended 31st March, 1949

Advances to Crown Tenants

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Name of Vote or Account. j Amount Voted. Gross Expenditure for Year Ended 31st March, 1949. Gross Expenditure for Year Ended 31st March, 1948. Voted Expenditure Vote, " Lands and Survey " — Subdivision I Subdivision II Subdivision III Total, vote " Lands and Survey " Vote, " Land for Settlements " .. Vote, " Small Farms Development " Total, voted expenditure Other Expenditure Land for Settlements Account: Expenditure from capital proceeds of sales of Crown lands, &c. Deposits Account expenditure and miscellaneous expenditure ■ £ 873,490 396,732 80,630 £ 822,786 356,289 59,549 £ 729,091 402,041 53,126 1,350,852 68,410 6,883,181 1,238,624 52,307 5,839,402 1,184,258 47,128 4,039,625 8,302,443 7,130,333 158,924* 13,714 '5,271,011 214,045 32,553 8,302,443 7,302,971 5,517,609 * Includes value of Crown lands transferred to Small Farms Account, £21,672, and interest on proceeds of sales of •drown lands under section 13 of the Land Laws Amendment Act, 1926, £80,845.

Small Farms Act, 1932-33. — Land Laws Amendment Act, 1929. Small Farm Tenants. Waikato Land Settlement Society Tenants. Section 11, Finance Act, 1933. Total. 1 Ho. of Mortgagors. Amount. No. of Mortgagors. Amount. No. of Mortgagors. 1 Amount. No. of Mortgagors. Amount. No. of Mortgagors. Amount Amounts advanced during the year ended 31st March, 1949 — On Current Account — For improvements For stock and chattels Proceeds readvanced On instalment mortgage— For land and improvements .. 9 2 62 1 £ 1,354 184 6,860 230 17 29 203 £ 1,948 4,252 43,437 3,063 4 24 29 £ 312 4,736 10,289 £ 30 55 294 * 3 £ 3,614 9,172 60,586 3,293 Total .. 8,628 52,700 15,337 76,665 Advances outstanding at 31st March, 1949 — Current Account— Improvements .. Stock and chattels Instalment mortgage: Land and improvements 79 16 209 33,265 2,696 97,930 71 119 344 13,122 31,186 279,598 11 28 28 1,623 12,336 44,144 ' 1 i24 161 163 582 48,010 46,218 421,796 Total 133,891 323,906 58,103 124 516,024