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EAST COAST MAORI TRUST LANDS—continued GENERAL RESERVE ACCOUNT Statement op Account for Year Ended 30th June, 1950—continued Credits £ s. d. Balance at credit at 30th June, 1949 .. .. .. .. .. 32,608 5 3 Surplus interest transferred from Interest Account .. .. .. .. 4,121107 Balance at credit at 30th June, 1950 .. .. .. .. .. .. £36,729 15 10 PAROA STATION : PART MANGAHEIA 2d AND ADJOINING BLOCKS JDebits £ s. dBalance at debit at 30th June, 1949 .. .. .. .. • • . • 35,304 8 6 £ s. d. Plant purchased .. .. .. .. .. .. 1,405 19 9 Plant and furniture at 30th June, 1949 .. .. .. 5,282 1 11 6,688 1 8 Less depreciation .. .. .. .. 1,750 9 11 4,937 11 9 Improvements: Building additions .. .. .. .. .. .. 575 11 5 Live-stock at 30th June, 1949 £ s. d. 6,024 sheep .. .. .. .. 4,532 14 0 837 cattle .. .. .. .. 2,757 10 0 17 horses .. .. .. .. 109 0 0 7,399 4 0 Sheep bought (6,187) . . .. .. .. .. 8,131 1 11 Cattle bought (1,013) .. .. .. .. .. 10,890 5 4 Stud cattle bought (29) . - .. .. .. .. 560 10 0 General farm wages .. .. .. .. .. .. 2,957 16 4 Shearing and crutching .. .. .. .. .. 597 18 11 Fencing .. .. . „ ~ .. .. .. 345 4 4 Scrub-cutting .. .. .. .. .. .. 666 16 7 Cutting firewood .. .. .. .. .. .. 262 3 3 Splitting posts and battens .. .. .. .. .. 1,509 11 5 Building repairs .. .. .. .. .. .. 337 10 5 Cutting rushes .. .. .. .. .. .. 88 3 0 Repairs, maintenance, and running-expenses .. .. .. 2,430 10 0 Cartage .. .. .. .. .. .. .. 916 9 7 Fencing materials .. .. .. .. .. .. 38 7 2 Depreciation on plant and furniture .. .. .. .. 1,750 911 Rates .. .. .. .. .. .. .. 1,396 19 9 Interest .. .. .. .. .. .. .. 2,048 7 6 Management and office expenses .. .. .. .. 612 4 1 42,939 13 6 83,757 5 2

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