H—3o

MARKETING DEPARTMENT— continued EXPORT DIVISION— continued Sundry Products Account— continued WAR OFFICE CONTRACTS Purchase and Sale Account for the Period Ist August, 1947, to 30th September,. 1948 Dr. £ Gr. £ Purchases , 4 .. .. .. .. .. 37,922 Sales .. .. .. .. .. .. 37,922 Revenue Account for the Period Ist August, 1947, to 30th September, 1948 Dr. £ Gr. Salaries .. .. .. .. 233 Balance as at 31st July, 1947 .. .. .. .. 150 Postages, cables, printing, and stationery .. .. ~ 51 Net deficit .. .. .. .. . . .. 193 Telephones, rent, and sundry expenses .. .. .. 59 £343 £343 Balance-sheet as at 30th September, 1948 Liabilities £ Assets £ Sundry creditors .. .. .. .. .. 2,539,234 Cash: Reserve Bank of New Zealand .. .... .. 2,368,665 Sheep-skin Control Account .. .. .. .. 446,077 Sundry debtors .. .. .. .. .. .559,079 £ Advances to Milk Marketing Division .. .. .. 62,760 Net surplus on administration allowance : Tallow .. 5,448 One share, U.K. - Dominion Wool Disposals,. Ltd. .. .. 62 Less net deficit on administration allowance : War Office contracts .. .. .. .. 193 5,255 £2,990,566 £2,990,566' L. CL Webb,. Director. G. C. Jupp,. Accountant. I hereby certify that the Balance-sheet as at 30th September, 1948, and supporting accounts in respect of the Sundry Products Account have been examined and compared with the relative books and documents submitted for audit, and correctly state the positioDk as disclosed thereby.—J. P. Rutherford, Controller and Auditor-General.

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