SINKING FUND COMMISSIONERS' ACCOUNT.

Press, Volume LX, Issue 11501, 6 February 1903, Page 3

SINKING FUND COMMISSIONERS' ACCOUNT.

For 23J years ending December 81st, 1902. Lyttetton Harbour Debenture*—Loan £200,000 —50 years, due. Ist July, 1929. EECEIPTS. * •. A January Ist, 1901—To 22§ years Harbour Board contribution, to sinking fund from Ist July, 1879, to 81st December, 1901 . ... ... 38,600 0 0 January 3rd, 1902—T0 Harbour < Board contribution to sinking fund, for twelve months j ending 31st December, 1902 1,000 0 0 January lsty 19Ci—To interest accrued to December Slst, 1901,' as per lust year's account ... ... ... 18,832 16 8 April 2nd, 1902—T0 interest on 41 £50 Chriatohurch City drainage bonds, half-year, to Ist April, 1902, at 6 per cent. . .... .., ... 81 10 0 April 2nd, 1902—T0 interest on 100 £50 Cbristohurch. City Council bonds, 4 per cent. half-year, to Ist April, 1902 100 # 0 April 2nd, 1902—T0 interest on •28 £50 Christchurch City Council bonds, 4 per cent., half-yeaT, to Ist April, 1902 28 0 0 April 15tb. 1902—T0 interest on 27 .£IOO 4 per cent. Government'bonds, G months, endin.? loth April, 1902 ... 54 0 0 June Ist, 1902—T0 interest on 15 £100 Lyttshon Borough Council 5 per cent, debentures, G months, to Ist June, IM2 87 10 0 June Ist. 1902—T0 interest on 50 £100 WfiimeJrariri-Ashley water supp'y debentures. 5 put cent., G months ending - Ist June. 1902 ... ... 125 0 0 June 30th—To interest on Waimakariri Harbour Board debenture £150. 6 months, to 30th June, 1902, at 6 per , cent. II 10 0 June 30th, 1902— To interest on • 27 Onristchurch Drainage Board bonds, half-year, to 30th June, 1902, at 4 per „ , cent 64 0 0 July Ist, 1902—T0 interest on £20,000 St. Albans borough debentures, 4 per cent, per annum, for 6 months, end-

ing 30th June, 1902 ... 400 0 0 July Ist. 1902—T0 interest on 9 Chriptchurch Drainage Board bonds, from 12th February to 30th Juno, 1909 14 1 2. October Ist, ,1900— To interest on I 41 £50 Chriitchurch City drainage bonds, half-year, to Ist October, 1902, at 6 per cent. . . ... ... nlO 0 Orfcbtr Ist, 1902—T0 interest on 100 £50 ChriatchurcJi City Council 4 per cent. bonds, halJ-year, to Ist" October, 1902 100 • 0 October let. 1902—T0 interest

on 28 £30 Ohristchuroh Oity Council bonds. 4 per cent., half-year, to Ist October, 1903 X • 6 October 15th. 1902—T0 interest on 27 £100 New Zealand Government bonds, 4 percent., 6 months, ending 15th October, 1902 ... ... (4 0 0

December 2nd, 1902—T0 interest on 50 £100 Waimakariri-Aih-]*y water supply ' debentures. 5 per cent., 6 months, ending let December. 1902... 125 0 0 December 2nd, 1902—T0 interest on 15 £100 LytteUon Borough Council 5 per cent, debentures, for 6 months, ending Ist December, 1902... 87 10 0 December 29tii, 1902—T0 interest on Waurakariri Harbour Board debentures, £450, ci 6 per cent, to 29th December, 190-2. 6 Eontbe (paid off) ... IS 10 0 December 3let. 1902—T0 interest on £20,000, St. Albaas boron ?h debentures, for half-year ending 31st De- - oember, 1902, at 4 per cent. 400 0 0 December £Ut. interest on 36 Chriefchurch Dminag-j Board bonds, halfyear, to 31st December, 1902, at 4 per cent- ... ... 72 0 01 Less bank commission, and ex- ' - ! change, collecting irtexeet .. .*/U>- -Mit M... ehnMmt.*n*u*iMn+A■>.■ ■ --■>. - ---it ...■..-1

December 20th, 1902—Waimakariri Harbour Board debenture paid off ... ... 4 r>3 0 C Total £U,o:>S 17 1 INVESTMENTS AXD CAPITAL IX HAND. October 4th, ISSO—By purchase of 31 Christchurch City drainage 6 per cent, bonds, of £50, at £47 13s each, interest payable Ist April, and Ist October in eaich yeax ... 1,473 10 0 Juno l*t. 1692—8y yurchoee of 10 Cbrietchurch City drainago 6 per cents bonds, of , £50; interest payable halfyear])*, on let April and Ist October in each year ... 535 0 8 June Ist, IS92—By bank interest on overdraft, to 30th March, 1893, consequent on purchase of the above bonds 7 10 6 December 28th, 1834— By purchase of, Wairna&ariri Harbour Board £450, 6 per cent., repayable 2Sth December, 1902 ... 450 0 t February Ist. 1895—8y purchase of 15 £100 Lyttelton Borough Council 5 per cent, deben- <■ tures, 10 years' currency from Ist December, 1594, interest payable Ist June and Ist December 1,500 0 * Auguet 15th, 1895—8y purchase of SOWaimakami-Asaley Water Supply debenture* (15 years' currency), of £100 each, bearing interest at 5 per cent, payable ha"f-year!y en Ist December, <vad Ist June 5,000 0 0 August 15th, 18S5 —By purchase of 27 £100 >*ew Zealand Goyernment 4 per cent, bonds; ictereat payable in colony (half-yearly on 192h April and loth October 2,700 0 0 August 15ilh, 1898—By purchase of 8 £1000 St. Albane Borough OoiUici! Debentures (20 years' currency from July Ist. 189S). bsuring interest at 4 per oont.. payable half-yearly ou lat January and Ist July ... 8,000 0 0 December 3l9t> liSyS—By puroliaso of 12 £1000 St. Al-ba-us Borough Council Uobeiitures {.'J years' currency ' from Ist July. 182S) bearing interest »t 4 per ce>:it.. payable 'Iμ $f-ye.trly on Ist January and l?t July ... 12,000 0 0 ATordh 31»t, ISOC—By purchase of 100 £30 Chriptchurdi CHy Council 4 per cost, do'bemtures. interest payable half-yearly on ]pt April end and Ist October ' .. 5,000 0 0 Nove-mber 3rd. 1900—By purchase of 14 £50 Chrisfchurch Ci'y Council 4 per cewt. debentures, interest payablo (half-yearly on Ist April aaid let October ... ... 700 0 0 December 2Oi>h, 1900—By purchase of 14 £50 Christcliurch City Council 4 per cent, debentures, interest payable half-yearly on Ist April and Ist October ... ... 700 0 0 December 30th, 1901—By purdtoase of 27 £100 Ohristchuroh Drainage Board 4 per cent. Bonds, iwtcreeJi ■payable half-yearly on Ist January and Ist July ... 2 700 0 0 February 12th, 1902—8y purchase of 9 £100 "Ghris-t----cfaurdh Drainage Board 4 iper cemlt. Bonde, interest " payable baif-yearjy on let J»mrary end Ist July ... 900 0 0 December 3let, 1902— By balance of crediit Sinking Fund Oommdaaionere' Current Account at Bank of New Zea.Ba.nd on Slaty December, 1902 "... ... 2,393 16 0 Total ... ... £44,058 17 1 SUMMARY ON 31*rt DECEMBER, 1902. SINKING FUND AND INTEREST. £ • 4 TcKal oorrtrlteiten from Ljfiftelton Harbour Board to Sinking Fund l during 23} years, ending 81*t Dec., 1902 ... 23,500 0 0 liitereat received on loans or in- . veetaaeato from July, 1879: ibo 81s>t December, 1900, 23J »«*» ... ». 20,108 17 I Total ... ... 143,803 17 1 INVESTMENTS. , Foxity-on* £50 Ohrietch'ttrdh City , v Drainage 6 per oent. Bond* . (repayWble lift October, 1923) S.OIS 0 8 Frfteen £100. Lyttelfcin Borough Council Debenture alt 6 per cent, (repayable let December, 3904) " ... i,sqq n 0 Fifty £100 TOedinakMiriiAettey s Wtotex, Buj»ply Debenture* . «* 6 per «at. (Ap*y»W*'is* ■- June, 1910) 6000 0 O Twealy-eeren £100 N.Z. Government 4 per cent. Bonda (repayable 15th . Ocfc, 1918), interest payable in coteny 3,700 0 • Twenty £1000 St. Albans Borough Council Debenture* »t .' 4 per cent, (repayable ,let . 3™*!™}?) • SO.OOO 0 0 One hundred -and twenty-ewfbt £50 CSiriatohuroh Oity Ooun- . oil 4 per etnU Debenture* - Jrepa.y»Ue Ut ApriJ, 1980) 6,400 0 a Tlnr*y-aix Chn*tohuron Drainage Board Bond's, 4 per ceot. (repaytoWe 3M Decemfber, _ , 192e ) , ••• • ■■■ •» ... 8,600 00 Balance «t Bank on 31et . December, 1902, current a«- ' , count, including: £450 Weimakariri BluJbour Board Debenture .paid . off. on. . . 29-12-02 ... ... ... 2,893 j fl '4 * ; Tdtel _'...' ' »., «43,C08 17 1 Statement showing the ordinary revenue actually earned and the expenditure belonging to the twelve (12) months ending 81st December, 1902. , 1902. •'■••• BECEIPTB. £. s O. a. 'Wharfage 12 months, to 81st December, 1902 ... : ... 19,727 11 2 b. Pilotage, port charges for 12 mouths ... ... .... 13031 11 7 Warps .;. ..." 421 0 0. Fenders ... ■ 838 10 0 Licenses ... ... ... 27 16 0 Bent of No. 5 store, 5 months to 28th February, 1902, lease expired ... ... 620 Iβ 8 Storage— including amount outstanding on grain still in store on 81st December, 1902 (in store £246 17a 8d) ... 2,658 611 Cool chamber ..; ' ... ... 1789 011 Towage fees. etc. ... ■ ... 1 027 0 0 Graving dock fees (Woikato „ £283) ... 12G0 19 s Patent slip dues ... ... 174 0 0 Pilotage exemption certificates... 41 18 0 Electric light refunds ... ... 169 la « Bents, Lots Nos. 16a and 16b near tunnel mouth (rent nduced 25 per cent, per annum in October, 1893) ... 82 10 0 Rent Lot No. 15 150 0 0 Bent, temporary sites ... ... 21 lit it Sale of plant, etc. ... ... 108 16 4 Incidental receipts and refunds 167 11 8 Interest fixed deposit renewal fund and on accounts ... 786 4 0 Total £42,404 18 0 1902. *

EXPENDITURE. Salaries— Secretary, treasurer, and two clerks ... ... ... 814 1 4 Printing, advertising, stationery, lithographing plans, -etc., by-laws, office rent, members' travelling expenses, I election expenses, audit fees and contingencies ... ... 451 10 3 Interest on loan (£200,000) ... 12 108 11 0 Sinking fund (£200,000) ... 1000 0 0 Interest No. 2 dredging loan ' (£45 000 raised) 1800 0 0 Harbourmaster's staff ealaries... 2,284 14 0 Harbourmaster's department! contingencies ... ... 10a 18 0 Pilot station at Heads—Main- * tenance ... ... ... 911 7 Sumner pilot and conservancy, 809 1 3 Buoys, zaoorings, boat*, hawsers, etc—maintenance ... 879 5 1 Tune ball and signal station— maintenance ... „, Iβ 19- 4 Breakwaters—maintenance Insurance—sheds, offices eto. ... 239 11 1 Grants in aid—Sailors' Home . 890 0 0 Grants in aid—Fire prevention 100 0 0 •Wharves and jetties—mainten-

ance. including renewal of portion of beams and decking of wharf No. 2 jetty and breastworks 2 574 1$ y •Wharves—lighting, electric and _ ««• ... 1852 a a Expenses—Antarctic ship Morning and Admiral's visit „. 143 6 8 •Bteam tug—Salaries, stores, coals etc, and hire steam

launches during tug laid up 2,923 IT 1 New boilers and renewal* tug 6,186 17 6 Storage. salaries, expenses, la* - bour, rent. etc. „. .„ 2,637 » 1 Cool chamber — .Working Expenses ... ... ... a2M « 9 Graving dock — Working Expenaea and repairs . ... 729 18 6 Patent slip—Working expenses 63 4 7 Best ol aiding to Lot Ko. 16 ... Interest on overdraft ... ... LytMton Borough rates ... ' 27 5 0 Wharfage refund ... '... . nl6 7 Outstanding accounts „. .„ ISO 0 0 Inspector of wharves RnJ tvor lit —Salary and Contingencies ,878 15 3 Surplus on 81st December, 1803 « &

6d for new boilers and renewals to tug Lyttelton, which is sot a recurrent one. RETURN OP WHARFAGE DUES COLLECTED AT ,THE POBT OF LYTTELTON FOR THE YEARS 1901 AND 1902. 1901. £ s. d. January Ist to January 6th ... 326 8 2 January 7th to February 2nd ... 1,486 17 5 February 4th to March 2nd ... 1,930 14 5 March 2nd to March 31st ... 1,807 19 1 April .Ist to April 27th ... 1.496 2 6 April 29th to May 25th ... 1.613 11 2 May 27th to June 22nd ... 1,540 1 11 June 24th to July 20th 1 ... 1,268 5 8 July 22nd to August 17th ... 1. 4 92 16 7 August 19th to September 14th ... 1,480 4 3 September 16th to October 13th 1,612 11 11 October 14th to November 9th ... 1,619 15 6 November 11th to December 7th... 1,357 17 10 December 9th to December 315t... 1,469 11 8 Total £20,432 18 8 Less 2i per cent, paid for collection 610 16 6 Net wharfage for 12 months, ending December 31st, 1901 £19,922 1 7 Increase in 1901, £900 16s. 1902. January Ist to January 4th ... 214 18 7 January sth to February Ist ... 1,679 18 11 February 3rd to .March Ist ... 1.631 19 " t March 3rd to March 31st ... 1.687 6 8 Stock landed on Stock Jetty ... 290 14 0 April 2nd to April 27th ... 1,709 « 2 April 28th to May 24th ... 1,544 14 4 May 26th to June 21st ... 1,477 13 0 June 23rd to July 19th ... L 429 1» 4 July 21st to August ICth ... 1,513 13 8 August 18th to September 13th 1,521 1 1 September 15th to October 11th... 1,229 12 9 October 13th to November Bth ... 1,479 10 " November 10th to December 6th... 1,499 1 1 December Bth to December 315t... 1,22 a l< 7 Total iSO.- 23 13 2 Less QJ per cent paid for collection; leas per ceutage on £290 14» on live stock wharfago 498 8 ° Ntt wharfage for 12 months ending 31st December, 1903 19,727 11 3 Decrease in 1902, £194 10s sd. Statement showing Class of Goods onwh'ch wharfage dues were levied at Lyttelton during the years ending December 3lst, 1902. 1801. General merchandise, 83,664 tone, at Is 6d per ton, equal to ... ... ••• c, 27 * le ° Frozen meat, butter, tallow, etc., 39,065 tons, at 6d per ton, equal to ... 976 12 6 Grain and agricultural produce, 180,092 tons, at 6d per ton, equal to 4,602 6 0 Coal, 114,825 tons, at 6d per ton, equal to 2,870 12 6 Wool, 73,460 bales, at 6d per bale, equal to ... 1,836 13 0 Timber, 23,671,200 feet, at 3d per 100 feet, equal to ... 2,946 8 0 Salt, cement, etc., 7,479 lons, at 9d per ton, equal t0... 280 9 0 Minerals, 2,633 tons, at,9d per ton, equal to 93 14 9 Live stock and sundries ... 646 6 6 Gross total for year 1901 £20,432 18 0 1902. General merchandise, 89,423 tons, at Iβ Gd per ton, equal to * ... 0,706 14 6 Frozen meat, tallow, etc., 48,146 tons, at Gd per ton, equal to 1,203 13 0 Grain and agricultural produce, 123,636 tons, at 6d per ton, equal to 3,090 18 0 Coal, 116,225 tons, at 0d per ton, equal to ... ... 2,905 12 6 Transhipments and re-transhipments , free. Wool, 84,648 bales, at Cd per bale, equal to ... ... 2,116 4 0 Timber, 24,960,000 feet, at 3d per 100 feet, equal to ... 3,120 0 0 ' Salt, cement, etc., 5628 tons, at 9d per ton, equal to ... 211 1 0 Minerals, 1462 tone, at 9d per ton, equal to ... ... 54 16 6 Live stock and sundries ... 816 19 8 Gross total for year ... £30,352 19 3 Note—Owing to the minimum chargee, the above quantities, if calculated at the various rates, will aot Agree exactly with the extensions. • The wharfage dues were reduced on the Ist May, 1899, as follows:—General merchandise 2» per cent., grain and agricultural produce 50 per cent., coal 50 per cent., minerals 25 per cent., all live etook 6d.per head and per ■core.' On the 22nd July, 1893, the Lryttel-ton Harbour Board further reduced wharfage dues' on grain, frozen meat, and 1 all other agricultural produce and coal, etc., from 6d to 4d per ton. and made all transhipments free. The effect of these reduotkme was that the Harbour Board received £1396 18s Jess wiarfage on frozen meat, butter, grain, agricultural produce, and coal, and £884 lie 8d leas on tranebipmmts, or a total reduotion of £3281 9s 3d during the year. On the Ist August, 1899, tine wharfage dues were raised as follows:—Agricultural produce 2d per ton, frozen meat ,2d per ton, coal 2d p«r ton, timber Id per 100 ft super. C. HOOD WILLIAMS. Treasurer, Lytfr&Hon Harbour Board. 21st January, 1903. RETURN OP PILOTAGE AND POKT CHARGES RECEIVED AT THE FOKX OF LYTTELTON DURING TWELVK MONTHS ENDING DECEMBER 31«t, AND ALSO DURING THE PRECEDING. SIX YEARS RESPECTIVELY. fftjF' *H * !-»•■*• •-• Cβ tD O*-3 CO © ** {£ ■*• CD . **" IS $p ssaSgiglotsss* § qSo %!<£ .(».[■*• co en? Sα to ***-* a tk »a- >'>iowhmowhooi«i? £ ___ Is j ■ toy J- , ,!- , t- , j-vr , >c V*» '* ID 00 00 00 JS» O *-J O* CD X *" J - "" §£ £gߧB§sߧSSsn § I g<2 -j 00 -j -3 5 u> w" to-j a> I—? ' vj co- -4Crtuit9«ae<eo9Ci<utoioiP < 5 TO B EowSu3oos~cja>E!cHS!f , |S -3tntOOOOOOOtO»-0'*». Q- P..3 ~% •? Su &a<&.«&>£atis-4ColoS-4P 3 J? «>• o^^A^3aoo>^^o«^^or > ' d . , ore S<3oi»*o«Stoso©ss? ' v S. CO' o'eOO*>No)*NO*»P' § rg e«0>OO^OOM01NN. o- ««MOO»o0'Oooa'? Decrease in 1902—£1097 11s Bd. Notes—The pilotage rates were reduced in tho year 1882 from 6d to 3d per ton register for sailing vessels, and from 4d to 2d per ton for steamers. The pilotage was further reduced in May, 1892, on foreign-going steamers when calling twice on the same voyage—only ono pilotage being charged, and on sailjK vessels it was similarly reduced iv On the Ist August, 1899, the pilotage charges were raised a half-penny per ton register on steamers and Bailing vessels. The present pilotage chargo ie 3id per ton register for sailing vessels, and 2Jd per ton for steamers. The Harbour Master's feee (of Id per ton) were abolished from the 22nd July, 1883. These fees in 1882 amounted io £412 for the year. Return of Dredging Work done in the Port of LytteKon (U years 8i months) ending 27th November, 1895, also for 1 yeer and 7 month? ending 3l*t December. 1902. SumtnMtry—Dredging by dredge and two steam hopper barges. 1877, to October, 1890—Si months ending 30th April, 1877, 854 barge loads, amounting io 153.730 cubic yards —313.100 tons (no record of cost, partly Provincial Government work); 12 months ending 30th April, 1878, 1596 barge k*ds. amounting to 287.280 cubic jard*—399,ooo tons, cost sjd per cubio yard; 8 months ending 31st December, IS7B, 1031 barge loads, amounting to 188,870 oubio yardt0—255,375 torn, cost 6Jd per cubio yird; 12 months ending 31st December, 1879, 1603 barge loads, amounting- to 388.860 cubio yards—4oo,soo tons, cost &Jd per cubic yard; 13 months ending 31st December. 1880, ' 1513 barge loads, amounting to 373,340 cubic yard*—B77.2so tons, cost 7jd> per cubic yard. 12 moniha ending 31et December, 1881, 1673 barge load*, amounting to 301,130 cubio yards —418,330 ton*, cost s|d per cubic verd; 12 montha ending Slst December, 1880. 1536 large load's, amounting to 374,680 cubic yards -431,500 ton*, * cost 6Jd per cubic yard; 12 months ending 31«t December, 1883. 1565 berge loads, amounting to 281,700 cubic yaids-— 891,350 tons, coat 6Jd per cubic yard; 1-2 montha ending 31st December. 1834, 1583 barge loads.*amounting to 275,940 cubic yards —385,350 tons, co»t 5Jd p*r cubic yard; 12 months ending Sl*t December, 1835, 1463 bares loads, amounting: to 263.340 cubio ysrfs —3&3J270 tons, oc*t 5 4-5 d per cubic yard. Tfarkimt «xd«&m>. drak» a&dtwo barge*, 1 j

year. £3979 89 9&, exclusive of inUrett on diedge pinnt, which cost £30,000. 1 month ending 31st January, 188 G. 113 baige loads, amounting to 23.340* cubic yards—29.2so tons, cost 5d per cubic yard; 3 months ending 30th September, 1687. 705 barge loads, umonnt*lng to 12G.900 cubic yards—l76.23o ton.*, cost 3d per cubic yard; 4 month* ending 20th October, 1890. 563 bttrge loads, amounting to 101.340 cubic yards—l4o,7so tons, cost e*cjusive of interest on cost o£ dredge plant, 7Jd per cubic yard; 2 months ending 2Cth December, 1891, "52i dredge loads, dredga 222. 39.375 cubic yarde—6o.loo ton*, cost Hid per cubio yard (Dredge 222); ♦ months ending 30th April 1892. 105 dredge' loade. Dredge 222. 85.425 cubic yards—l3l.6oo tons, cost Sid per cubic yard (Dredge 222); 12 months ending 27th November. 1895, 297 loads, DTedee 222. cubic yards—-371.330 tons, cost 8 2-5 d per cubio yard (Dredge 222). Total quantity of mud dredged from the commencement in May, 187G, to 27th November, ISW. 16.181 i barge and dredge 10ada—3,211.200 cubic yards of mud—4.495,015 tone of mud. Total average cost for tho above 11} years was about 6d per cubic yard of mud. Dredge Manchester—7 months from Ist Jnne to 31 et December, 1900. 257 dredge loads, 169,412 cubic yards of mud—235,300 tons of mud. cost, including interest on dredge plant (1900), 32d per ton. or 5 l-10d per cubio yard of mud; 12 moniha ending 31st December. 1901 4SI dredge loads, 348,588 cubic yards of mi1d—484.150 tone of mud, cost, including interest on dredge plant (1901), 3.G3d per ton, or 5.04 d per cubic yard of mud; 12 months ending 31st December, 1802, 4% dredge loads. 390,996 cubic yards of mud—s4s.o- ! >0 ton* of mud. cost, including , interest on dredge plant (1902), 3 2-5 d per ton. or 4 4-3 d per cubic van) of mud. Total—l 237 dredge loads— 908.996 cubic yards of mud—1.262,500 tons of mud. N.B.—No dredging work waa done in Lyttelton during tho years 1683, 1889, 1893, 1896, 1897, 1838, and 1899. DREDGIXG-MAINTEXAXOE AND WORKING EXPENSES. EXPENDITURE-Dredge "222" (chartered), twelve months ending 27th November, 1895. £ s. d. Salaries, dredge staff. 12 montha 2978 18 2 Stores, current repairs, and rerewale, twelve months ... 2247 610 Twelve payments to Otago Harbour Bor.rd under Charter Party, of £250 a month ... 3000 0 0 Insurance on Dredge No. 222 £15,000), 12 months ending 27th November, 1895 ... 603 15 0 One year—252,450 cubic ya-rde of mud dredged, at a cost of £8830—8 2-5 d per cubio yard. Dredge Manchester Working Expenses, 12 months to 31flt December, 1902. £ s. d. Salaries (and overtime, £462 6s 3d)— Dredge staff. 12 months, Ist January to 31st December, 19053 ... ... 3109 13 » Coal (£987 89 Id). store 3 (£l9B 19a 2d), and repairs, renewals, nnd yearly overhaul (£1867 7» 8d 3353 14 11 Interest on cost of Dredge Manchester, 12 months (1902), et 4 per cent, per annum on £31,000 1240 0 0 One year—390,996 cubio yards of mud dredged aA a cost of £7703 8s Bd—3 2-5 d per ton, or 4iR-ud per cubio yard. (Or, exclusive of interest on cost of dredge— 2 4-5 d per ton. or 4d per cubic yard.) NOTES—The dredging operations were discontinued on the 31st January, 1886, and the dredge and -barges were laid up. On the Ist May, 1887, the dredge and barges were again put into commission, and the work was continued for five months, ending on the 30th September, .1887, when the plant wae again laid up. On the Bth June, 1890, dredging operations were recommenced and continued till tho 20«h October, 1890, when the dredging plant waa sold to the Westport Harbour Board for £12,000, «nd tho amount expended in dredging work et Lyttelton by the Otago dredge during the years 1899, 1894, and 1895 On. the 3rd November, 1891, the Lyttelton Harbour Board chartered th» eteani hopper Dredge No. "222" from the Otago Harbour Board for a period! of six months, dating from the 3rd , November, 1891, and endinsr 3rd May, 1892. Again, on tho. 27th November, 1894, the Lyttelton Harbour Board chartered Dredgo No. "222" for a period of 13 months, ending 27th November, 1895. x No dredging wae done in the Harbour of Lytteltoa from the 27th November, 1895, till the let June, 1900. 'Dredge No. "233"' carried 850 cubic yards or 1250 tone of mud in her hoppers on a draught of 10ft fidn forward and 14ft 6in aft, and dredges to a depth of 81ft when light and 34ft when loaded. The Lyttelton Harbour Board purchased the hopper dredge Mancheeter in August, 1898, *nd ehe arrived at Lyttelton on the 22nd March, 1900, after a fourteen months' passage. The dredge Manchester, built by Simon* and Co., of Renfrew, oarriee 1000 tons of mudi in her hoppers on a 14ft draught, amd is built to dredge to a depth of 82ft -when, light, or 85ft when loaded. The. dredge Manchester commenced dredging in LyrteMion on let June, 1900. Up to the present time, the dredge Mancheeter hae been worked during , the summer months from 7 a.m. until 6 pjrt, «nd duflAe the winter from 8 am. until 6 p.m. Wages at the rate of time and , b> quarter p.re paid for overtime, which averages about ten hours a week during the eumaner and much less in tho winter. The amount paid for dredging overtime work during the past 13 months amounted to £463 6s 3d. TJie yearly wages, exclusive of overtime, amounted to £2647 7a Gd. Return showing Reoeipts and Expenditure in connection with the STEAM TUG LYTTELTON, During the year ending December 31 it, 1903. 1902. RECEIPTS. £ ». a. To amount of towages received from the Ist January, 1902, to 31st December, 1903 (£969 6s), and outstanding .for 1902 (106 ss) ... 1,075 10 0 Less towages earned in 1001, but collected in 1902 ... 48 10 0 •Credit given for services rendered to pilot service by steam launches (7 months), and tug (5 months ... 660 0 0 Dr. balance for year 1902 ... 1,347 IB 1 £2,924 16 1 The tug Lyttelton having been laid up, and in the hands of contractor from the let October, 1901, until the 16th Uuly, 1902 (9J months), for the new boilers and renewals, she hae earned nothing, whilst the crew's wages continued to be paid, and in addition to this the Harbour Board had to omploy and pay for tho services of the steam launches, etc, for towing and pilot service work. J 902. *" EXPENDITURE. , £ s. d. By Salaries—Master, who is also head pilot, £350 a year; mate, £200 a year; engineer, £20; 2 firemen, 1 at £13 and 1 at £11 10s; 1 deck hand at £11, and 2 at £10 10s per month; and extra hands I,SIO 13 10 Coals—66 tons at 20s ... Sβ 0 0 141 tons at 15s 5d ... 131 t> » Stores, oil, waste, etc. ... 200 13 4 Camnt repairs ... ' ... 143 14 8 Clestiing and painting ... 15 17 0 Sundries ... ... ... 3 6 0 Paid for pilotage and towage services ' rendered by ' launches during the time tho tug was laid up for new boilers and renewals, or when boilers blown down, from Ist January to 31st December, 1902 ... 843 5 0 £2,924 16 1 * The head pilot has, since January, 1836, been acting as master of the tug, and the steamer is now practically a, pilot boat as well as tug boat, consequently a very large proportion of the pilot service is done by her. The surplus of pilotage receipts more than covers the above deficiency on the towage service. The tug also undertakes the work of shifting vessels from one wharf to another, for which ntr- towage charge is made when it is done to facilitate the general working of the port. New boilers were put into thp tug in September, 1685, at a cost of £1545. .Special repairs end renewals were effected on these boilers in September, 1895, and subsequently contracts were entered into with Mr John Anderson for new boilers, decks, sponsons, paddle-wheels, machinery, etc., to bo completed by 14th September, 1901. The cost of the whole of the work connected with the new boilers and renewals, etc., amounted to £5736 17s 6d. The value of the steam tug Lytteltoa now stands in the Board's books at £6337. She originally cost £13,000. The. insurance premiums paid on the tug Lyttelton up to March, 1894. amounted to £5539 15s 10d, when the Board became their own insurers.