TREASURER'S STATEMENT OF RECEIPTS AND EXPENDITURE.

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

TREASURER'S STATEMENT OF RECEIPTS AND EXPENDITURE.

For the period commencing January let. 1902, and ending December 31st 4 1902 (12 tnosths). RECEIPTS. General £ ». a. Bstance on 31st December, 1901 (including balance dredging lonn. £ 9 d) ... 56,*37 18 3 To wharfage to 24* December, 1901 30.096 1 5 " Pilot*** 7,7 a 18 7 „ Port charge* ... ... 6.286 13 0 ~ Towege few 969 5 0 „ Wirpe ... ... ... 416 0 0 ~ Licecse ... ... ... 27 15 0 „ Pilotage exemption certificate*—Fees 39 8 0 ! „ Fenders ... ... 827 0 0 I „ Rent—Xo. 5 grain shed (five months) to 23th February, IM2 ... • 59016 8 „ Rent—Lot Iβ* and 16b, n«ar tnnxkel mouth, .£llO per an- _.___,. ..!_

„ Rent—Lot 15 (let N.Z.L. and M. Agency Co.). one y«ir to 31st December, 1802 ... 130 0 0 ~ Rent—Shaw. Snvill and Company's site ... 12 0 0 „ Kant—Temporal/ sites on \ rec'.r.imeJ land ... ... 913 0 .. Graving dock dues ... I.XC 19 3 ~ Patent slip duea ... 147 10 0 „ Interest on fixed deposit* 785 4 0 ... Sa'.e of plant end material 108 15 4 „ Incidental receipts. £5 2s 6d; refunds, £162 9s 2d ... 167 11 8 „ Electric light—Refund* from shipping and railway ... 196 17 6 „ Storage, including deficiency late clerk and warchousemni: £M 9 I'll 3d ... 1,976 16 5 „ Cool chamber storage ... 1,122 12 0 ~ Assessed valus No. 2 shed taken over by Railway I)p----paitmer.T, February, 1002, expired ... ... 3.837 2 8 Drcdgimj Loun Aocount—Reccipte— Debentures sold. portion balance of ... 5.802 10 0 Refunds ... ... ... 79 1 0 Total £37,620 13 9

EXPENDITURE. General Account— By Harbour Board office staff salaries ... ... 814 1 4 „ Harbour Board Contingencies— Printing, advertising , , stationery (including by-laws), and plane of harbour ... 150 Iβ 5 Members' travelling ex's pen9e9 ... ... 88 8 2 s Election expenses r Office rent end cleaning j (Lyttelton, and Chrietchuroh'officee) ... 175 4 7 '' Incidentals, teiegr:;in9, post- * age, furniture, fuel, etc. 22 1 0 >- Auditors' fe«s ... ... 15 0 0 >j „ Grants in aid—Fire preven- , ' tion for one year ... 100 0 0 {. „ Grants iv aid—Sailors' I* Home and Seanien'9 Rest d maintenance ... ... 390 0 0 I- „ Harbour Master's # Depart(l meat—Salaries ... ... 2,234 14 0 Incidental expenses ... 162 13 0 'J „ Pilot, Sutrmer—Salary ... 14-1 2 3 „ Suuuier conaeivatcry and breakwater repairs ... 164 18 11 y „ Pilot n% Heads—Mainteny anco ... ... ... 9 11 7 r ~ Buoys, )x)atg, moorings, beacons, w&rps, and lenders, ' maintenance and renewals 379 5 1 „ Time ball—Maintenance ... 16 la 4 v „ N'&val Point breakwater— J Maintenance _ „ Officers' Point breakwater— ' Jlaintenunce < ~ Wharves, jetties, and sheds — •■ Maintenance and reptirs, v including the renewal of s portion's of decking, etc. ... 2,374 15 8 „ Insurance—Sheds, grain stores, offices, etc. ... 132 16 9 ' „ Insurance —Accident insurer anco ' ... lOC 14 4 f „ Lighting wharves and jetties— 3 Electric lighting ... 1,293 810 T Gas lighting 58 13 4 * „ Steam tug working expenses— r Salaries ... ... ... 1,468 0 0 r Coal, stores, and mainten--9 auca and repairs ... 1,455 17 1 1 New boilers end renewals , tug Lyttelton 5,136 17 6 „ Locbil Authorities Indemnity Act, 19U2— ' Coronation expenses ... 96 10 2 i „ Public Revenue Act, 1893— 1 Expenses in connection with j ' farewell to the Antarctic t ahdp Morning, and reception of IJie Admiral ... 46 15 6 1 „ Graving Dock working expenses— Salaries „, ~, ~, 176 15 4 i Coeil. stores, etc. ... 546 3 2 „ Patent Slip—Working ex- ( »enses ... ... ... €2 4 7 . , „ Storage Department— Sa!»ries—Clerk and, warehouseman ... ... 238 14 8 i Labour-—deceiving and delivery at -stores ... ... 2,308 18 6 Printing, stationery, advertising, and sundries ... 42 18 5 ! Rent—Stare site, Norwich , quay, five months net Tent to 28th February, 1302, when lease e-xpired ... 40 17 6 Cool chamber—Working expense*' ... ... 1,244 4 9 „ Interest on overdraft „ Lyttelton borough rates ... It Iβ 7 „ Wharfage refund ... ... 27 5 0 Interest Account— „ Interest oH debentures' (12 months)/ let January, 1002, to 31st December, 1902 ... 13,000 0 0 „ Exchange on London, credits v and advertising payment of coupons ... ... 108 11 0 „ Sin-king fund on debentures, for year 1902 ... ... LOOO 0 0 „ Interest on dredging loan debentures (13 months), to 31*t ■ * December, 1902, and l .' exchange -. ... *... 1,800 0 0 General Account (continued)— Harbour worke-*-EngineerV etaS— Inspector of worke, salary ..-. 825 0 0 Office contingencies sad advertising re engineer ... 53 15 S Extension No. 2 jetty, progress payments ... 5,966 10 11 Extension No. 6 jetty, progress payments ... ... 2,159 9 5 Extension No. 3 jetty, progress payments on timber 8,757 13 S Low level breastwork, progress payment* ... ... 726 G 10 Coronation hall and night watchmen's lodge ... 360 1 0 Cool Chamber additione ... 3,039 0 9 Office furniture for new board room, etc. ... 181 15 S Special Account under Lyttelton HtTbour Loan Aot, 1897—

Commission expenses and new plant 483 4 10 "Working expenses, 12 months, ~,-- --to 31«t December, 1902 ...* 6,463 8 S By 'balance et credit of Lyttelton Harbour Board at Bank of N.Z. on December 31st, 1903, as under: — Current account ... ... 9,047 3 6 Fixed - deposit, employees' insurance fuiwl ... 210 9 2 Fixed deposit, General Account ... ... 9,000 0 0 Fixed deposit, Renewal Fund Account ... 5,513 ll 8 Deficiency lato clerk and warehouseman, atort ... 349 12 3 No. 2 Harbour Fund Dredging Account ... 8,150 10 3 Credit balances on 31st December. 1902 27.801 12 10 Total J£87,G20 13 9 STATEMENT OF ESTIMATED ASSETS AND LIABILITIES. OX DECEMBER 31st. 1902. ASSETS.

m £ : a. Credit balance at bask, general account, on Dec. 3Ut, 1902, including Tenewal fund, £5,543 119 Sd 23,801 4 4 Credit balance at bulk, contractors' deposit account, 1902, No. 1 978 0 6 Credit balance at bank,, dredging , loan Account, .No. 3, 1903 3.150 16 3 Deficiency storage account ... 3-19 12 3 Wharfage due (oustanding), Ist to 81st December, 1902 (approximate) ... ... 1,200 0 C Wharfage due (outstanding), live-stock ... ... ... 79 10 0 Towage ... ... ... 106 5 0 Warps , ... ... ... 21 0 0 Dock dues .. » ... ... 90 0 0 Pilotage exemptions ... 2 10 0 Electric light ... ... ... 1 10 0 Fenders ... ... ... 21 0 0 Patent Slip ... ... ... 27 0 0 Storage accounts rendered and oustanding on 31st December, 1902 ... : 335 12 10 Storage accounts cool chamber, including £300 lls 4d due from Government ... ... 554 19 c Storage of goods still in store on 81et December, 1902 ... 246 17 3 Storage cool chamber ... ... 121 9 5 •Total cash. a»*ete on 31st December, 1902 ... ... 31,087 7 4 Debentures—Sinking fund, let July, 1879. to 31et December, 3901 (23§ yeere. at 4 per cent, per annum cm £200.000 ... ... ... 23,500 0 0 Ditto interest accrued on sicking fund investments from 1879 to 31st December, _ I** , 20,108 17* 1 Peacocks -wharf property, and section* 213 end part 214, tctual cost in December, 1877 ... ... ... 21,900 0 0 •"Mimja Bell" steam winch, etc. SO 0 0 •Boats, buoys, moorings, warps, fenders, life-saving appa-

ratus, etc. ... ... 490 0 0 •Pilot Station building at Head* (built in 1674). less 10 pec cent, far depreciation 200 0 0 •Steam tujj "Lytte.ton" (including new boilers and renew*!e, in 1902) 6,337 0 0 •Plant in store end jarde, timber, iron, piles, drain pipee, boring rods, fire prevention plant on wharves, rails, chains, anchors, . office fitting*, etc. ... ... 80 0 0 Harbour Board Office. ..buildings in Lyttelton and furmiture ... 3,500 0 0 Sections of land purchased •t Naral Point, part rural section 247. end town sectione 333 end 233 eotaal . coet. and estimated value section-231 end 234 ..." 4,373 0 0 •Dredge .".MaachMiW. cost

(a) Estimated co3t cr value of breakwater (see note I)!, ieclamuticn. wharvei, jetties, sheds, breastworks (exclusive of a valuable fo-.uJion.-), time ball, building and apparatus, uarbour .ighi, etc., a» v;»'.«tl >n boaia by The •Lytte.ton Hsrbcur Land Act, 1377. as under 442,843 0 0 Total 579,003 4 3 *Xote.—The percentage deducted for depreciation on the items of p.uut marked (*) abovo for tho year 1902 amounted to £215, and for the dredge Manchester £7333 for 2J years. Estimated cost— Harbour Works— Officer's Point and Xaval Point breakwater --contract, coopleied 1377 ... ... 141,000 0 0 Reclamation between Screw Pile Jcity .'.r.d Glrdatone I'ier Utss Government refu:.d lor their ptojKirtion AI-17'J <j£). IoSO ... ... 5,614 0 0 Xoil' ib).—Rβ the estimated cost of the breakw tiers, tlie above amount is subject to reduction as to valun, by reason of she speciai.y reserved rights of the New Zealand railways, under' the provisions of the Lytte.tou Harbour Board ILand Act, 1677. to bu:M shsds, etc.. and fui the railway traffic upon the Lyttelton breakwaters and wharves. The railway never paid anything towards the co«* of c-ons'.ruction or maintenance of the Lyttelton breakwaters or wharves end jetties. Tiie Htrbour Board have to maintain and repair the whole of them.

Gladstone Pier (1800 feet in length), completed in 1579 35,000 0 0 Boat jetties. 83 now standing, completed in 1675 ... 500 0 0 Sctvw PiJe Jetty 560 feet), completed iii 1667 «ud 1877 16,003 0 0 Breastwork Screw Pile Jetty to Xo. 2 Intermediate Jetty, cost in 1870 ... ... 20,000 0 0 No. 1 li:teimcdiate Jetty (-!<£> feet), cost in 1870 and 1877 6,600 0 0 Time Ball Towtsr. maciiiu.Ty tnJ luiid, cost in. Ib'a ... 3,000 0 0 Tuuu-el Jetty, cost in 1673 ... 9,000 0 0 So. 2 Intermediate Jet;y (400 feet), cost in 1661 ... ... 8,300 0 0 No. 3 Internu-diutc and Timber Breastwork contract, co-it isi 1831 ... ... 10.000 0 0 HarUmr cost ... ... 500 0 0 Timber Breastwork from Screw Pile Jetty to . Gir.d3!<jnc> Pier, J SSI ... ... IG.oOO 0 0 New Export fc'bifd on breastwork, cos* in 1833 ... ... 6,130 0 0 Telephone line, Christehurch to Pilot Station at Heads, cost in 1881 ... ... 1,100 0 0 Schoolroom at Pilot Station, cost in 18K3 ... ... 120 0 0 Governor's Bay Jetty, cost in ISS3 400 0 0 Timber Breastwork wat of Peacock's wharf, cc>st in 1883 _. 1,900 0 0 Gravinjt Deck and pumping machinery, cost in 1883 and 18S5 ..< 103,000 0 0 Reclaiuatioh near dock, cost in 1883 ... ... ... 2,CGO 0 0 Reclamation ballast ground, cost in ISB3 ... -. ... 430 0 0 Sailors' Home, building and furniture, .cost in lSi3 ... 1,423 0 0 Works — ISB4-85-S6-S7-Sfl-S9-90----<JI-92-93-9i-93-9G-97-98-99— Sumner Jetties, 1885, and widening, 1693, also yacht jetty, Sumuer, 1893. and boat-slip, 1890 ... ... 865 0 0 Road and reclamation, to Ocean Stwnaer Jetty, 1883 5,563 0 0 Dredge smithy, 1885 ... 77 0 0 Electric lighting installation, 1883 3,665 0 0 Road to bathing place, Sandy Bay, 1883 and 188G ... 101 0 0 Patent slip contract and alteration to caisson ... ... 6,801 0 0 Port Levy and Purau jetties and sheds—contracts, 1885, and additions to Puri.u Jetty, 1896 932 0 0 Ocean Steamer Jetty—lCimber contract, 1884 ... ... 9,948 0 0 Ocean Steamer Jetty—Contract and extras, 1885 ... 6,649 0 0 Ocean ahed. contract (isancelled)—Cost of material, 1885 2,700 0 0 New shed on reclaimed land contract—Labour, 1885 ... 1,630 0 0 Railway sidings on reclaimed land—Half cost, 1885 ... 1,109 0 0 Brick store purchased from N.Z. Grain Agency Company, December, 1885— Lease ■ 4,785 0 0 Kerosene Bond, 1886 ... 210 0 0 Graving Dock floor, levelling, etc., 1887 431 0 0 Siding to lot No. 15, 1839 ... 460 0 0 Extension to electric li|;ht in- - stallation to Dock and Naval Point, 1891 and 1892 end 189G 1,917 0 0 Telephone line, including new cable to Head., 1891 ... 298 0 0 Cool chamber and'sidinß, 1891 and ,-.,. 6,U4. .0 0 Extension, low level lireastwork, 1891 ... ... 149 0 O • Cattle Jetty, Naval Poiiri, 1891 Hβ 0 0 Boat landing ou eaet eido of Screw Pile Jetty ... ... 49 0 0 Yacht Jetty J*ftr the Dock, 1892 83 0 0 Shelter shed for wharf labour- ■ v • , ers 1892, and tally clerk's shelter, 1896 „. ... 142 0 0 Purchase of machinery workshop at Dock, 1893 360 0 0 Screw Pile Jetty, widening, 1894 • - 2,438 0 0 Cool chamber, additional pipes, 1894 61 0 0 Sailors' Home, eddi.tiona, 1895 (Seamen's Rest) ... 668 0 0 Actual cost of deepening the Harbour by dredging (111 inn to November. 1*95) ... 83,436 0 0

NO3. 5 aad 7 Jetties extension, coat in 1898-99 3,141 0 0 Cave Rock Signal Station, etc., cost in 1898 . 170 0. 0 No. 2 Jetty extension, 1902 ... 7,930 0 0 Less 2} per cent, per annum for Depreciation on, Timber ' Works, etc., for 1880 ... 2,860 0 0 Less 2i per cent, per annum for Depreciation on. Timber Words, etc.. 1881 ?.. 3,800 0 0 Less 2i per cent, per annum for Depreciation on Timber Works, etc., for 1882 ... 3,516 0 0 L 933 2.J per cent, per annum for Depreciation on timber Works, etc., for 1883 ... 3,516 0 0 Less 2| per cent, per annum for Depreciation on Timber Works etc., for 1884 ... 3,525 0 0 Less 2£ per cent, per annum for Depreciation on Timber Works, etc., for 1885 ... 3,625 0 0 Less 2J per cent, per annum for Depreciation on Timber Works, etc.. for 1686 ■ ... 4,750 0 0 Less 21 per cent, per ennum for Depreciation on Timber Wnrlra oir.. for IRR7 ... i 750 0 0

Less 2i per cent, per annum for Depreciation on Timber Works, etc., for 1883 ... 4,750 0 0 Less 2J per cent, per annum for Depreciation on Timber Works, etc., for 1689 ... 4,750 0 0 Less 2J per cent, per annum for , Depreciation on Timber Works, etc., for 1890 ... 4,750 0 0 Less 2$ per cent, per annum for Depreciation on Timber Works, etc.. for 1891 ... 4,760 0 0 Less 2J per cent, per nnnnm for Depreciation on Timber ■ Works, etc., for 1892 ... 4,750 0 0 Less 2J per cent, per annum for Depreciation on Timber Works, etc.. for 1893 ... 4,750 0 0 Le33 2£ per cent, per annum for Depreciation on Timber Works, etc., for 1834 ... 4,750 0 0 Less 2J per cent, per annum for Depreciation on Timber Works, for 1895 ... 4,750 0 0 Less 3$ per cent, per annum for Depreciation on Timber Works, etc., for 1556 ... 6,000 0 0 Lesi 2J per cent, per antrim for Depreciation on Timber Works, otc, for 1807 ... 5,000 '0 0 Less 2J per cent, per annum for Depreciation on Timber Works, etc., for 1898 ... 5,000 0 0 Lees 2$ per cent, per annum for Depreciation on Timber Works, etc.. for 1899 ... 5,000 0 0 Less 2J per cent, per annum for Depreciation on Timber Works, etc.. for 1900 ... 6,000 0 0 Lea? 2$ per cent, per annum for Depreciation on Timber Works, etc.. for 1901 ... 5,000 0 0 Less 2j per cent. p«r annum for Depreciation on Timber Works, etc., for 1902 ... 5,000 0 0

Total Estimated Cost or Value of Harbour Works Sβ above £442,813 0 0 N.B.—Timber in Harbour Works—Th»*Harbour Board's Engineer (Mr Napier BellJ estimated that the piles for wharves and jetties would have to be renewed in 40 years; other timber, caps, braces, etc., 25 years; planking, 10 J ears. LIABILITIES. £ c. d. Due to Contractor* for Deposits 978 0 6 Sundries and ContingenciesGeneral Account, Electric Lamps, etc. ... ... 150 0 0 Harbour Works Contingencies... 100 0 0 Ironbark Piles and Timber and Decking Contract No. 3 Jetty, balance outstanding 3,060 0 0 Labour and Ironwork—No. 3 j Jetty Extension ... ... 3,100 0 0 ! Labour and Ironwork—3«o. 6 I Jetty Extension ... ... 1,880 0 0 Low Level Breastwork—Timber and Labour outstanding ... 460 0 0 Cool Storaee additions—-outstand- ' .

Coronation Shelter and Night ' Watchman's Lodge—Balance of Contract . ... ... 600 0 0 Rail Sidings to Sites on Reclaimed Laud sear Dock ... ... 850 0 • Total Estimated Cash Liabilities on 31at December, 1902 ... £13,548 0 6 Lyttelton Harbour Board Loan, j 1879 (repayable July, 1929) ... 200,000 0 0 Lyttelton Harbour Board Loan j Act, 1897, Dredging Loan Instalments raised December, 1808, WOO, and 1903, repayable 1929 50,800 0 0 Cγ. Balance, including Estimated Value or Cost of Harbour Works, etc., up to 31st December, 1903 314,055 3 11 1579,003 4 S CASH SUMMARY—GeneraI Account and Dredging Loan. For Twelve Moutns, Ending 31st December, 1902. Cr. < S. d. 'General Account—Cash, Assets in hand, and outstanding on 31st December, 1902, including £5593 11s 8d on Fixed Deposit aa a. Renewal Fund" and Contract Deposits (£978 Oβ 6d) 27,936 11 1 Loan Account, for Dredging ... 3,150 16 3 £31,067 7 4 £ s. d. •General Account—OuUtarding Contracts and Liabilities on 31st December, 1902 (as above) 13,548 0 6 By Balance General Account, including £5,593 11s 8d "Renewsi Fund" and Contract Deposit Account ... ... 14,388 10 7 By Balance Dredging Lean Account ... ... 3,150 16 3 £31,087 7 * CONTRACT DEPOSIT ACCOUNT. Twelve months ending December 31st, 1902. RECEIPTS. £ a. d. Balance from last account ... 926 17 0 Contract deposits in IiMW ... 485 10 6 £1412 7 ti PAYMENTS. Amount of deposits refunded during twelve months to 31st Dacember, 1902 431 7 0 Balance at credit of contract deposit account in of N.Z., on 31st December, 1902 ... ... ... 978 0 6 < £1412 7 6 LIST OF CONTRACTS ENTERED INA» DURING THK YEAR 1902. Furnished as required by "Xne Harbours Act, 1878." 20th February, 1902: Blackball £al Mining . Company, Limited —Supply of .Blackball coal—Dredge, steam coal, at 19s ex collier, 20s ex hulk, unscreened nuts, 15s Gd;'dredge and tug, 19s and 15s ex collier; and on shore at dock, 23s 3d, unscreened nuts at dock, 19s 3d per ton; electric light —Steam coal, 21b 3d; unscreened nuts, 17s 6d; firewood at 32s per cord, for period ending 9th February, 1903. 9th February, 1902: R. Forbes and Co., Lyttelton—Supply of stores, at schedule prices, frr period ending Bth February, 1903. 15th February, 1902: Aehby, Bergh and Co., Christchurch—Hoisting engine for pile driving, £215. Completed 15th March, 1802. 6th May, 1902: West Coast Timber Co.— Twelve white pine fenders at £7 10s each. Completed 20th June, 1902. 80th May, 1902: A. Bunn, and Rossiter and Ryde, Oxford—l66.ol6 feet super, black birch planking Bin by 4in, No. 8 jetty extension at 16s 6d per 100 feet super. Date for completion, 31st May, 1903. 80th May, 1902: J. W. Wallace and Company, Wellington—Supply of 67,636 feet super, ironbark timber at 31s 9d per 100 feet ' super.; 17,462 feet run piles, at 3s Id. Date ■ for completion 80th May, 1903; for No. 8 jetty extension. 30th May, 1902: JarrahdaJle Jarrah Forests and Railways Company, Limited—l46,99l feet super, hewn jarrah at 26s per 100 feet super. Date for completion 81st May 1903. 31st July, 1902: C. A. Macdonald. Sydney— 10. ton Hercules refrigerating plant, £1580. Date for delivery, 31st August, 1902. / 2nd August, 1902: A. B'lnn, and J. Kossiter, Oxford—6B,3l6 feet euper. black birch ' planking, at 17s, for-low'level breastwork, etc. Date for completion, 2nd January, 1903. - 18th August, 1902: W. W. Smith, Christ- ... . church—Cool -chambers additions, £1565. Date for completion. 30tH October, 1902. . latib. September, 1903: John Smith, Christchurch—Coronation htll for wharf labour, ere and night watchmen* lodge, £833. Date for completion, January, 1903. let November, 1902: H. Smith and Company— To construct and erect 6 iron electric light posts. £162 10s. To be delivered in 8 months from Ist November, 1902.