ABSTRACT OF THE REVENUE AND EXPENDITURE OF THE PUBLIC ACCOUNT FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1898.

Appendix to the Journals of the House of Representatives, 1898 Session I, B-05

8.-5.

1898. NEW ZEALAND.

ABSTRACT OF THE REVENUE AND EXPENDITURE OF THE PUBLIC ACCOUNT FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1898.

Presented to both Houses of the General Assembly pursuant to Section 69 of '■ The Public ■ ' Bevenues Act, 1891."

I—B. 5.

8.—5

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED REVENUE

2

1896-97. RECEIPTS. 189' '-98. £ s. d. 517,316 10 5 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony In London On account of Imperial Pensions.. .. .. .. Investment Account .. .. .. £ s. d. 632,305 17 0 £ s. d. 16,028 17 5 16,953 12 7 259 15 7 400,000 0 0 20,904 19 1 25,858 17 7 516 10 7 404,700 0 0 950,558 16 0 735,000 0 0 Less Treasury Bills outstanding 1,084,286 4 3 730,000 0 0 215,558 16 0 354,286 4 3 1,818,972 6 6 730,236 16 7 272,309 1 11 105,504 7 5 63 0 11 68,786 13 9 1,287,139 12 6 50,256 10 11 21,204 1 2 98,372 12 2 Ordinary Revenue, — Customs Stamps, including Postal and Telegraph Cash Receipts Land-tax Income-tax Property-tax Beer Duty Railways Registration and other Fees .. .. .. • Marine .. .. .. . • . • .. ' .. Miscellaneous 1,935,251 16 1 780,231 11 6 267,286 10 3 115,210 9 1 10 8 3 72,179 5 0 1,370,571 14 8 51,288 13 0 23,959 18 8 108,343 8 8 4,452,845 3 10 Territorial Revenue, — Cash Land Sales .. .. .. .. .. .. £66,622 7 1 Deferred-payment Land Sales .. .. .. .. 25,956 9 1 Pastoral Runs, Rents, and Miscellaneous .. .. .. 170,717 6 1 4,724,333 15 2 67,068 10 9 42,452 8 11 163,432 14 1 263,296 2 3 4,987,629 17 5 272,953 13 9 4,725,798 17 7 Receipts in Aid, — Debentures issued under " The Consolidated Stock Act, 1884 " — For Increases of Sinking Fund 69,600 0 0 70,300 0 0 Temporary advances repaid,— Net amount recovered from the Government Advances to Settlers Office Management Account Repayment of advance made to the Public Works Fund 22,000 0 0 50,000 0 0 72,000 0 0 4,700 0 0 3,396 10 8 19,571 0 0 Sinking Funds set free, — " The Lyttelton and Christchurch Railway Loan Ordinance, 1860 " Applicable to the Redemption of Debentures issued under " The Consolidated Stock Act, 1884," in respect of— " The Lyttelton and Christchurch Railway Loan Ordinance, 1860" .. " The New Zealand Loan Act, 1863 " " The Auckland Loan Ordinance, 1863 " .. 4,500 0 0 4,871 3 4 2,063 0 0 27,667 10 8 0 9 4 Amount transferred from Released Sinking Fund Suspense Account 11,434 3 4 27,668 0 0 Amount recovered from the Cheviot Estate Account, — In respect of Expenditure charged in previous year to " Unauthorised " 2,609 8 9 Debentures issued under, — " The District Railways Purchasing Act 1885 Amendment Act, 1886," in renewal of like amount matured 1st Oct., 1896 35,000 0 0 £5,076,934 17 4 Totals £5,494,950 5 0 TREASURY BILLS 335,000 0 0 400,000 0 0 Treasury Bills outstanding at beginning of Year, — In anticipation of Revenue In redemption of Guaranteed Debentures .. 254,000 0 0 476,000 0 0 735,000 0 0 730,000 0 0 1,525,000 0 0 Treasury Bills issued during Year 880,000 0 0 £2,260,000 0 0 Totals £1,610,000 0 0

8.—5.

FUND for the Year ended 31st March, 1898, compared with the Financial Year ended 31st March, 1897. ACCOUNT.

3

1896-97. EXPENDITURE. 189 '-98. £ s. d. 24,168 9 2 1,709,469 5 10 193,334 9 7 63,812 10 8 40,634 11 6 Permanent Appropriations,— Civil List Interest and Sinking Fund Under Special Acts of the Legislature Subsidies paid to Local Bodies Amounts paid over to Local Bodies and to Deposit Accounts in respect of Payments under the Land Acts Endowments— New Plymouth Harbour Board Greymouth Harbour Board Westport Harbour Board ■ £ s. d. 24,205 4 11 1,741,412 18 5 196,985 12 6 70,262 6 2 37,133 4 8 ■ £ s. d. 6,302 4 11 11,066 14 1 23,639 5 11 5,179 7 5 11,146 11 6 25,891 3 9 - 2,112,216 9 4 2,072,427 11 8 20,328 8 4 101,921 13 0 29,835 4 2 123,294 5 0 352,386 7 6 91,050 0 7 22,380 14 2 428,129 12 0 54,513 10 1 7,206 4 6 18,106 14 7 50,033 9 2 776,747 17 6 45,370 17 7 68,551 9 10 101,330 6 1 116,668 19 10 ■ Annual Appropriations,— Class I. —Legislative II.—Colonial Secretary III. —Colonial Treasurer IV.—Minister of Justice V. —Postmaster-General VI.—Commissioner of Trade and Customs VII.— Commissioner of Stamps VIII.—Minister of Education— . Education Department .. .. ... .. Lunacy and Charitable Aid Department Department of Labour IX.—Minister of Mines X.—Minister for Agriculture „ XI.—Working Railways XII.—Minister for Public Works „ XIII.—Defence Department XIV.—Police Department XV.—Minister of Lands XVI.—Valuation Department .. .. .. „ XVII.—Rates on Crown Lands Services not provided for .. 15,998 17 9 74,100 13 3 23,535 4 4 122,479 18 11 362,867 10 1 66,190 14 0 23,041 9 1 435,019 18 1 57,304 14 4 6,869 13 10 15,556 9 5 54,408 12 1 849,923 8 9 42,603 5 11 72,452 15 9 105,974 9 9 122,584 2 9 37,126 18 10 154 5 5 1,962 3 2 ! 508 9 11 3,188 17 7 2,411,553 1 5 150,000 0 0 Amount transferred to the Public Works Fund in terms of section 16 of " The Appropriation Act, 1897 " .. 2,490,155 5 6 i ' ' '■■.;■■ . 300,000 00: 10,000 o o; Purchase of the Patent and other Rights authorised by " The Cyanide Process Gold Extraction Act, 1897 " 22,968 0 0 4,700 0 0 35,000 0 0 Debentures redeemed, — " Consolidated Stock Act, 1884 " (Colonial Issue) " Lyttelton and Christchurch Railway Loan Ordinance, 1860," due 1st Jan., 1897 " District Railways Purchasing Act, 1885," due 1st Oct., 1896 Released Sinking Funds transferred to Deposit Suspense Account 6,934 0 0 4,500 0 0 .1 I' I 0 3 4 11,434 3 4j 50,000 0' o| I 62,668 0 0 Temporary advance to the Public Works Fund .. .. 26,000 0 0 Net amount advanced to Government Advances to Settlers Office Management Account in terms of section 49 of " The Government Advances to Settlers Act, 1894" ... I 632,305 17 0 20,904 19 1 25,858 17 7 516 10 7 404,700 0 0 Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony In London On account of Imperial Pensions Investment Acoount 780,580 3 7 13,152 0 10 35,613 10 8 398 11 9 421,400 0 0 1,084,286 4 3 730,000 0 0 Less Treasury Bills outstanding 1,251,144 6 10 730,000 0 0 '521,144 6 10 354,286 4 3 Totals £5,494,950 5 0 £5,076,934 17 4 ACCOUNT. 1,530,000 0 0 Treasury Bills paid off during Year 880,000 0 0 254,000 0 0 476,000 0 0 Treasury Bills outstanding at end of Year, —■ In anticipation of Revenue .. In redemption of Guaranteed Debentures 254,000 0 0 476,000 0 0 730,000 0 0 730,000 0 0 Totals |£1,610,000 0 0 £2,260,000 0 0

8.—5

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED STATE FORESTS

4

1896-97. RECEIPTS. 1897-98. £ s. d. 7,192 8 6 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony £ s. d. 11,036 4 9 £ s. d. 188 0 9 11,224 5 6 1,032 11 2 5,471 13 8 Rents from Lands set apart Miscellaneous 918 0 1 10,077 13 0 10,995 13 1 6,504 4 10 Totals £13,696 13 4 £22,219 18 7 ACC UNTS OF 5,910 18 4 1 19 10 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony 9,885 4 9 269 1 6 10,154 6 3 5,912 18 2 Revenue received for Local BodiesFees, Fines, &c. Endowments of Land, &c. Goldfields Revenue Gold Duty 2,329 12 11 9,370 3 5 59,809 14 4 9,387 12 10 3,070 6. 2 12,199 16 2 47,281 9 5 10,849 1 8 73,400 13 5 80,897 3 6 Counties Separate Accounts, — Revenue of Counties in which " The Counties Act, 1886," is not in full operation 382 17 2 880 14 0 43,300 18 5 71 7 0 Advance Account, — Amount repaid by Local Bodies Ditto on account of Unauthorised Expenditure of previous years 39,042 6 3 84 16 6 39,127 2 9 43,372 5 5 Totals .. .. .. .. .. £130,565 4 3 £123,062 16 5 DEPOSIT 62,439 14 4 150 0 0 33,559 16 8 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony In London 80,000 5 .6 300 0 0 34,811 3 9 115,111 9 3 96,149 11 0 Lodgments,— Cyanide Process Gold Extraction Aot, 1897 Emigrants' Deposits General Assembly Library Fund .. .. Government of South Australia Hospitals and Charitable Institutions Act, 1885 Land Transfer Act, 1885 .. Mining Districts Land Occupation Aot, 1894 Miscellaneous Money-order Settlement Native Land Act, 1878 (No. 2) Native Land Purchases Native Township of Pipiriki .. .. .. .. Nelson Rifle Prize Fund Investment Nelson Rifle Prize Fund New Zealand Midland Railway .. .. .. .. New Zealand University Endowment, Canterbury New Zealand University Endowment, Taranaki New Zealand University Endowment, Westland North Island Experimental Dairy Sohool .. .. North Island Main Trunk Railway Loan Application Act 1886 Amendment Act, 1889 .. Permanent-way Material for Open Lines of Railway Property Law Consolidation Act 1883 Amendment Act, 1895 Railways Released Sinking Funds Suspense .. .. .. Tauranga Educational Endowment Reserves Aot, 1896 .. .. • .. Thermal-springs Districts Act, 1881 Trustee Act, 1883 6,425 0 0 25 0 0 973 9 11 4 13 6 458 0 0 81 17 9 117,183 10 11 14,900 0 0 25 0 0 434 18 10 676 17 1 3,324 15 0 25 0 0 4 0 2 9 3 5 225 18 3 313,960 3 7 6,000 0 0 25 0 0 413 19 8 74 7 0 800 0 0 64 0 0 24,371 13 10 129 11 0 293 19 8 14 10 0 23 0 0 20,716 13 3 129 11 0 228 12 2 10 0 0 438 18 0 10,254 18 11 347 5 5 400 0 0 12,137 0 0 6,415 1 11 0 3 4 1,192 19 7 1,172 12 5 2,507 19 5 894 12 9 353,595 16 7 194,198 1 2 Totals .. .. .. .. - - £290,347 12 2 £468,707 5 10

5

8.-6

FUND for the Year ended 31st March, 1898, compared with the Financial Year ended 31st March, 1897. ACCOUNT.

i 1896-97. EXPENDITURE. 1897-98. £ s. d. 2,472 7 10 11,036 4 9 Annual Appropriations,— Vote 110—State Forests Branch Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony £ s. d. 16,417 17 3 £ s. d. 5,802 1 4 188 0 9 16,417 17 3 11,224 5 6 £13,696 13 4 Totals £22,219 18 7 LOCAL B DIES. 2,246 15 0 7,084 19 7 58,179 13 9 9,461 4 11 Revenue paid over to Local Bodies, — Fees, Fines, &c. .. .. .. .. .. .. .... Endowments of Land, &c. Goldfields Revenue Gold Duty 3,138 12 7 10,647 13 11 49,389 12 3 10,478 12 10 76,972 13 3 73,654 11 7 Counties Separate Accounts, — Amount distributed amongst Road Boards where " The Counties Act, 1886," is not in full operation 358 4 0 363 4 2 Advance Accounts, — Payments on behalf of Local Bodies 38,861 16 0 43,075 0 7 Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony 7,754 1 2 10,188 4 10 9,885 4 9 269 1 6 2,434 3 8 10,154 6 8 Totals £130,565 4 3 £123,062 16 5 ACCOUN 8. 6,375 0 0 25 0 0 753 9 7 8 13 9 968 4 0 120,447 19 0 3,650 0 0 38 15 1 434 1 0 66 0 0 27,895 3 0 Withdrawals,— Emigrants' Deposits General Assembly Library Fund Government of South Australia Hospitals and Charitable Institutions Act, 1885 Land Transfer Act, 1885 .. .. .. .. Miscellaneous Money-order Settlement Native Land Act, 1878 (No. 2) Native Land Purchases Nelson Rifle Prize Fund Nelson Rifle Prize Fund Investment .. .. .. .... New Zealand Midland Railway New Zealand University Endowment—Taranaki Ngatirahiri Compensation North Island Main Trunk Railway Loan Application Act 1886 Amendment Act, 1889 .. North Island Experimental Dairy School Permanent-way Material for Open Lines of Railway Property Law Consolidation Act 1883 Amendment Act, 1895 Railways Released Sinking Funds Suspense Thermal-springs Districts Act, 1881 Trustee Act, 1883 3,530 0 0 3 17 6 311,985 6 7 16,550 0 0 434 5 9 43 0 0 400 0 0 17,706 6 11 10 19 4 67 17 5 90 6 1 11 10 3 3 0 0 347 5 5 12,114 16 8 0 9 4 10 0 2,020 0 0 175,236 2 11 400 0 0 0 8 3 45 11 1 Balances at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony In London 351,192 3 1 80,000 5 6 91,175 15 4 117,515 2 9 300 0 0 34,811 3 9 194 15 0 26,144 12 5 115,111 9 3 Totals £290,347 12 2 £468,707 5 10

B-β.

STATEMENT of the RECEIPTS ana EXPENDITURE of the PUBLIC WORKS

6

RECEIPTS. ■ 1897-98. 1896-97. £ B. d. £ s. a. £, s. dr. 4,811 14 7 Balance at beginning of Year, — Cash in Public Account Aavances in the hanas of Officers of the Government,— In the Colony In Lonaon Investment Account .. • • • • • ■ • • • • • • 63,642 13 10 10,588 14 6 15,749 10 3 18,198 2 0 5,521 16 5 70,000 0 0 157,362 12 3 31,149 19 4 * Balances as on 31st March, 1897, transferrea hereto in terms of section 17 of " The Appropriation Act, 1897,"— Lands Improvement Account Native Lands Purchase Account 136,573 3 10 95,222 15 2 231,795 19 0 375,000 0 0 5 12 6 The Aia to Public Works ana Lana Settlement Act, 1896, — Proceeds of Debentures , .. ■ • • • Premium receivea in respect of same Temporary advance on security of short-dated debentures 125,000 0 0 100,000 0 0 225,000 0 0 375,005 12 6 Amount transferred from the Consolidated Fund in terms of section 16 of " The Appropriation Act, 1897 " .. 300,000 0 0 150,000 0 0 Temporary advance from the Consolidated Fund (repaid as per contra) 50,000 0 0 1,674 3 8 Special Receipts in connection with the Ellesmere and Forsyth Reclamation and Akaroa Railway Trust 1,639 5 8 365 0 5 334 0 0 Recoveries, — In respect of Debentures issued unaer " The Roads and Bridges Construction Act, 1882" In respect of Expenditure charged in previous years 365 0 5 365 0 5 699 0 5 36 13 4 12,859 12 9 Sinking Funds released under " The Consolidated Stock Act, 1884," in respect of— " The New Zealand Loan Act, 1860 " " The New Zealand Loan Act, 1856 " " The Auckland Loan Ordinance, 1863 " 872 7 6 872 7 6 12,896 6 1 £571,425 2 0 £967,035 4 10 Totals .. .. • • • • • • "

FUND for the Year ended 31st March, 1898, compared with the Financial Year enaed 31st March, 1897.

7

B.—5.

EXPENDITURE. - 1897-98. 1896-97. £ s. d. 301 6 3 14,891 16 6 193,307 13 1 64,236 12 3 10,508 2 11 Cr. 37 2 0 36,791 8 11 70,578 15 10 11,600 7 5 331 19 3 10,553 16 9 Annual Appropriations, — Class I.—Immigration .. •• •• II.—Public Works, Departmental .. "„ III.—Eailways IV.—Eoads V.—Development of G-oldfields " VI. Purchase of Native Lands VII. —Telegraph Extension VIII.—Public Buildings .. ••„,•• , " • "„ IX.—Lighthouses, Harbour-works, and Harbour Defences X. Rates on Native Lands " XI.—Contingent Defence £ s. d. 69 15 5 9,688 13 2 351,600 6 8 290,777 9 11 33,117 7 5 60,333 13 8 29,384 2 11 73,584 19 5 5,295 1 8 156 9 9 10,360 7 7 £ s. d. 864,368 7 7 413,064 17 2 942 9 3 Unauthorised, — Services not provided for .. . • ",i«ijB a Repayment of temporary advance from Consolidated Fund .. 1,169 4 9 50,000 0 0 51,169 4 9 The Aid to Public Works and Land Settlement Act, 1896,— Charges and expenses of raising loan 5 5' 0 55 3 4 Local Bodies' Finance and Powers Act 1885 Amendment Act, 1887,— Moiety of subsidy to Waipa County 63,642 13 10 Balance at end of Year, — Cash in the Public Account .. •• •• Advances in the hands of Officers of the Government— In the Colony In London Investment Account 17,408 19 10 18,595 2 11 15,488 4 9 18,198 2 0 5,521 16 5 70,000 0 0 51,492 7 6 157,362 12 3 Totals £967,035 4 10 £571,425 2 0

B.—5.

STATEMENT of the RECEIPTS ana EXPENDITURE of the LANDS IMPROVEMENT

8

1896-97. RECEIPTS. 1897-98. £ s. d. Balance at beginning of Year,— Cash in the Publio Account Advances in the hands of Officers of the Government, — In the Colony £ s. d. £ s. d. 19,523 5 1 130,130 5 11 11,901 10 1 6,442 17 11 136,573 3 10 31,424 15 2 21,200 0 0 187,500 0 0 2 16 3 Proceeds of Debentures created under— " The Lands Improvement and Native Lands Acquisition Act, 1894 " .. "The Aid to Public Works and Land Settlement Act, 1896" (proportion) Premium received in respect of ditto 208,702 16 3 Recoveries on account of expenditure of previous years 3,375 4 6 £243,502 15 11 Totals £136,573 3 10 STATEMENT of the EECEIPTS and EXPENDITURE of the NATIVE LANDS PURCHASE 4,354 19 10 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony 93,959 12 1 1,564 18 11 1,263 3 1 5,919 18 9 95,222 15 2 30,800 0 0 187,500 0 0 2 16 3 Proceeds of Debentures created under — " The Lands Improvement and Native Lands Acquisition Act, 1894 " "The Aid to Public Works and Land Settlement Act, 1896" (proportion) Premium received in respect of ditto 218,302 16 3 £224,222 15 0 Totals .. .. .. .. .. £95,222 15 2 STATEMENT of the EECEIPTS and EXPENDED!! IE of the CHEVIOT ESTATE Balance at beginning of Year, — Cash in Public Account Advances in the hands of Officers of the Government, — In the Colony 55 16 8 • • 324 10 9 480 16 10 13,833 8 2 4 6 9 869 4 10 45 0 0 100 11 6 Eeoeipts under " The Cheviot Estate Disposition Act, 1893," — Land Sales for Cash Bents from Lands Rent of Buildings Shipping and Port Charges .. Interest on Advances Miscellaneous 1,024 8 6 14,385 16 3 380 7 5 806 8 1 45 0 0 15 7 9 16,277 0 7 15,333 8 1 Totals £15,333 8 1 £16,657 8 0

8.—5.

ACCOUNT for the Year ended 31st March, 1898, compared with the Financial Year ended 31st March, 1897.

2—B. 5,

9

1896-97. £ s. a. Balance as on 31st March, 1897, transferrea to Public Works Fund in terms of section 17 of " The Appropriation Act, 1897 " £ s. a. £ s. a. 136,573 3 10 106,929 12 1 Annual Appropriations, — Vote —Roaas ana Briages 130,130 5 11 Balance at ena of Year, — Cash in the Publio Aocount Aavanoes in the hanas of Officers of the Government,— In the Colony .. .. .. 6,442 17 11 136,573 3 10 Totals £243,502 15 11 £136,573 3 10 ACCOUNT for the Year enaed 31st March, 1898, comparea with the Financial Year enaea 31st March, 1897. Balance as on 31st Maroh, 1897, transferrea to Publio Works Funa in terms of seotion 17 of " The Appropriation Aot, 1897 " 95,222 15 2 128,999 19 10 Annual Appropriations, — Vote —Native Lana Purohases .. 93,959 12 1 Balance at ena of Year, — Cash in the Public Aooount Aavances in the hands of Officers of the Government,— In the Colony 1,263 3 1 95,222 15 2 Totals £224,222 15 0 £95,222 15 2 .CCOUNT for the Year enaea 31st March, 1898, comparea with the Financial Year enaea 31st March, 1897. 11,979 15 5 2,966 1 3 Expenaiture,— Interest on Debentures Surveys, Roading, &c. 12,115 16 3 753 18 7 12,869 14 10 14,945 16 8 Appropriations,— Vote 111—Cheviot Estate Expenses 3,787 13 2 7 4 0 55 16 8 Balance at end of Year, — Cash in the Public Account .. Advances in the hanas of Officers of the Government,— In the Colony 324 10 9 380 7 5 Totals £15,333 8 1 £16,657 8 0

8.—5

STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS

10

1896-97. RECEIPTS. 1897-98. £ s. d. 1,357 11 9 Balance at beginning of Year, — Cash in the Publio Account Advances in hands of Offioers of the Government,— In the Colony .... £ s. d. 3,751 9 2 £ s. d. 963 2 7 4,714 11 9 305,990 0 0 Proceeds of Debentures created under— " The Land for Settlements Act, 1894 " 135,000 0 0 27,667 0 10 19,628 19 6 Receipts derived from Rents and Lease-fees * £326,976 11 3 Totals £167,381 12 7

8.-5.

ACCOUNT for the Year ended 31st March, 1898, compared with the Financial Year ended 31st March, 1897.

11

1896-97. EXPENDITURE 189 '-98. £ s. d. £ s. d. £ s. d. £ s. d £ s. d. 2,099 5 9 Annual Appropriations,— Vote 112—Land for Settlements Expenses 1,759 3 2 Acquirement of Estates, — Name of Batate. Purchase-m Purchase-money. noney. Expel Expenses. 273 11 10 39 8 7 112 7 3 mses. 3. Total. 273 11 10 89 8 7 112 7 3 65,803 17 10 37,828 7 6 29,247 3 2 41 2 0 422 6 3 14 19 0 46,072 5 4 27 9 0 11,165 0 9 59,606 6 7 20,119 3 1 4 5 3 6 11 11 95 12 2 1,553 2 8 3 2 6 574 8 7 15 11 3 43 15 7 1 3 10 2,043 8 8 11 0 3 6 0 0 170 2 0 Albury Ardgowan Arowhenua Ashley Gorge Beaumont (Trustees, W. Stevens) .. .. 10,482 1 Blind River Braco Elsthorpe .. Hatuma Hawkesbury Hekeao (Trustees, W. S. Peter) .. .. 10,545 Highbank Horsley Down Kapua Maerewhenua Marawiti (J. C. Wason) .. .. .. 14,200 1 Merrivale Myrtle Bank (Momona), W. Thomson .. 3,608 1 Omaka Okania (Assets Realisation Board) .. .. 4,143 1 Opouriao Omihi Stock Reserve Orakipaoa Otaio Otahu (Batger and Menzies) .. .. .. 7,555 Otarakaro Paparangi (W. Drake) .. .. .. 3,875 Pareora Patoa Pawaha (C. Menzies) .. .. •• 1,823 1 Poerua Pomahaka Pouparae Puhipuhi (J. A. Parsons) .. .. • • 320 Puketapu .. Rangiatea (Assets Realisation Board) .. .. 14,014 < Raureka Roimata Rural Section 1862, Nimrod Survey District, Block IV. (N.Z. and A. Land Company) .. 60 Studholme Junction.. Teanaraki Tokarahi (A. A. McMaster) .. .. .. 77,360 1 Tomoana Waimarie Waihemo Grange (Makareao) Wharenui Land Exohanges 147,990 10,482 11 3 10,545 5 0 14,200 18 10 3,608 19 3 4,143 12 1 7,555 4 6 11 3 5 0 18 10 19 3 12 1 4 6 8 0 12 6 0 0 0 0 0 0 17 10 9 3 27£ 3£ US 5£ n 81£ 246 127 394 5S 36 176 12S 25 71 4 167 i 7S 365 e 78£ 67 ii 17E 517 2J a 16 12 5a 4 112 11 1,634 S 2,054 13( 2S 8,83; 55 13 0 17 13 6 815 9 9 248 17 6 127 4 0 394 3 7 59 13 5 36 18 3 176 8 11 122 10 2 22 5 1 71 7 6 4'3 8 167 1 11 2 5 10 72 1 1 362 17 11 6 9 9 785 17 0 67 5 0 3 11 9 8 2 7 5 13 7 13 5 9 8 17 7 4 4 3 9 13 6 18 6 8 2 10 2 5 1 7 4 3 7 1 2 5 2 1 2 17 6 9 5 17 7 5 3 7 5 16 7 14 5 17 3 16 8 6 2 16 3 16 4 S 2 9 1 12 4 12 2 7 4 10 10 15 ;2 4 i5 19 1 10 8 7 7 3 3 0 3 6 3 9 7 6 1 0 3 7 3 5 3 3 3 11 3 2 5 1 7 6 3 8 t 11 5 10 1 1 7 11 3 9 7 0 5 0 7 1 3 2 t 8 J 1 3 0 3 11 3 5 3 1 3 0 3 4 2 0 2 0 7 2 0 5 5 10 i 6 9 2 10,538 4 3 17 13 6 815 9 9 10,794 2 6 127 4 0 394 3 7 59 13 5 36 18 3 14,377 7 9 122 10 2 3,631 4 4 71 7 6 4,147 15 9 167 1 11 2 5 10 72 1 1 7,918 2 5 6 9 9 4,661 5 0 67 5 0 3,875 8 0 1,823 12 6 13 7 1 175 16 2 517 14 8 25 17 1 3 16 0 18 6 11 1,836 19 7 175 16 2 517 14 8 25 17 1 323 16 0 18 6 11 14,014 0 0 12 16 5 53 16 1 708 15 0 454 6 6 7,779 12 6 320 0 0 39 6 10 14,014 0 0 " 208 17 7 334 11 7 12 16 5 53 16 1 60 0 0 4 3 0 112 9 4 11 12 0 1,634 12 0 2 7 2 64 3 0 112 9 4 11 12 0 78,995 9 10 2 7 2 122 14 4 77,360 17 10 8,678 16 3 12,361 6 7 4,799 18 2 2,054 10 5 130 15 10 22 4 6 2,054 10 5 130 15 10 22 4 6 310,364 10 6 147,990 9 3 8,835 19 2 156,826 8 5 342 12 10 120 0 0 550 0 0 95 10 5 Unauthorised, — Ardgowan Estate Albury „ Elsthorpe „ Opouriao „ 1,108 3 8 311,472 13 9 8,690 0 0 Debentures matured 31st March, 1897, and reissued Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony 8,689 18 10 ' i 106 2 2 3,751 9 2 8,796 1 0 963 2 7 4,714 11 9 £326,976 11 3 Totals £167,381 12 7

8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION

12

1896-97. RECEIPTS. £ s. d. Dr. 1,595 5 3 Balance at beginning of Year, — Cash in the Publio Aocount .. .. In the hands of Stock AgentsCash In the hands of the Agent-General — 3J-per cent. Inscribed Stock •• • £ s. d. 1,103 10 6 £ s. d. 1,054 10 5 469 9 11 1,573 0 5 61,017 3 2 60,476 8 4 3-per-cent. Inscribed Stock, — Issued for redemption of Debentures Issued in exchange for Debentures 190,000 0 0 364,392 0 0 554,392 0 0 26,620 0 0 30,271 0 0 3J-per-cent. Inscribed Stock, — Issued in exchange for Debentures 3,012 1 9 In reduction of Conversion Expenses,— Premium on sale of Inscribed Stock sold above par .. 847 19 6 £120,379 10 1 Total £556,812 19 11

8.— 6.

ACCOUNT for the Year ended 31st March, 1898, compared with the Financial Year ended 31st March, 1897.

13

1896-97. EXPENDITURE. 1897-98. £ s. d. £ s. d. ' £ s. d. • Original Amount. Bate. ' °S£Sfc* .„„,,„* n... Pre- Converted .mount. Bate. mium gtook Original Debentures converted into 3-per-cent. £ £ £ £ £ Inscribed Stock, — Consolidated Loan Act, 1867 .. 2,000 105 100 2,100 3,800 106 J 247 4,047 6,500 107 455 6,955 17.100 108 1.368 18.468 £ 2,000 3,800 6,500 17,100 & \ 105 | 106J 107 108 £ 100 247 455 1,368 £ 2,100 4,047 6,955 18,468 1Y,1UU 1U8 1,308 18,408 29,400 New Zealand Loan Act, 1863 (1914) 200 120 40 240 2,600 121 546 3,146 2.800 200 2,600 29,400 120 121 40 546 240 3,146 2,800 a,sou Otago Loan Ordinance, 1862, due 1st July, 1898 .. .. .. .. 900; 100 .. 900 900; 100 900 Immigration and Public Works Loan Aot, 1870, due 15th April, 1913 .. .. 9,000 108 720 9,720 9,000 108 720 9,720 Consolidated Stock Act, 1884 (Colonial issue), due 28th May, 1897 .. 218,816 Due 28th May, 1898 .. .. 100,000 sis sir inn ais «ia 218,816 100,000 . 3lb,bib luu .. 31b,816 Land for Settlements Aot, 1894, due 30th April, 1926 360,916 .. 3,476 318,816 100 318,816 26,620 0 0 3,476 364,392 0 0 360,916 364,392 0 0 27,061 0 0 1,554 0 0 1,656 0 0 Debentures converted into 3J-per-cent. Stock, — Consolidated Loan Act, 1867 .. .. .. New Zealand Loan Aot, 1863 (1914) Otago Loan Ordinance, 1862, due 1st July, 1898 30,271 0 0 42,586 0 0 Debentures redeemed, — Consolidated Loan Aot, 1867, 5 per cent. Lands Improvement and Native Lands Acquisition Act, 1894, 4 per cent., due 30th September, 1908 Consolidated Stock Act, 1884 (Colonial issue), due 28th May, 1897 Five-per-oent. 10/40 Loan (outstanding debentures) Auckland Loan Act, 1863, 6 per cent., due 1st June, 1896 40,800 0 0 100,000 0 0 44,216 0 0 200 0 0 16,200 0 0 185,216 0 0 58,786 0 0 54 10 0 1,337 11 8 1,044 9 2 329 8 9 363 10 6 Expenses Aocount, — Brokerage and Commission Stamp Duty .. .. Interest (including overlap of interest) Office Expenses Printing and Advertising Miscellaneous 332 0 0 3,466 10 0 821 6 7 327 6 10 72 9 2 143 5 0 3,129 9 8 4,662 17 7 1,103 10 6 Balance at end of Year,— Cash in the Publio Aooount In the hands of Stock Agents— Cash .. .. .. .. 2,288 5 11 2,542 2 4 469 9 11 253 16 6 1,573 0 5 £120,379 10 1 Totals £556,812 19 11

8.— 5.

STATEMENT of the RECEIPTS and EXPENDITURE of the LOANS TO LOCAL BODIES

14

1896-97. RECEIPTS. 1897-98. £ s. d. 858 13 7 Balance at beginning of Year, — Cash in the Public Account .. .. £ s. d. £ s. d. 3 10 1 • 111,400 0 0 93,800 0 0 The Government Loans to Local Bodies Act, 1886, — Debentures created 78 1 11 1,711 13 1 500 0 0 150 0 0 55 0 0 Repayments under section 8 of " The Government Loans to Looal Bodies Aot Amendment Act, 1896," — Counties, — Horowhenua Kiwitea Pahiatua Patea Stratford .. .. .. .. ... Wairarapa North Road Boards, — Featherston Parihaka Manawatu 137 8 11 3,576 0 0 793 6 4 94 9 3 4,601 4 6 2,494 15 0 Totals £97,153 8 7 • • £116,004 14 7

8.—5.

ACCOUNT for the Year ended 31st March, 1898, compared with the Financial Year ended 31st March, 1897.

15

1896-97. :. £ s. d. 1,225 0 0 3,046 0 0 3,190 0 0 1,550 0 0 730 0 0 6,000 0 0 1,150 0 0 5,733 0 0 1,760 0 0 4,701 0 0 2,412 0 0 Grants to — Counties— Cheviot Clifton Cook .•. Hawera Hawke's Bay Horowhenua Hutt Kiwitea Manawatu Ohinemuri Pahiatua Patea Pohangina Rangitikei Raglan Stratford Waipawa Wairarapa North .. .. .. Wairoa Waitotara Waitaki £ s. d. 1,100 0 0 100 0 0 3,178 0 0 3,898 0 0 6,000 0 0 470 0 0 9,365 0 0 4,800 0 0 5,000 0 0 750 0 0 £ s. d. 6,000 0 0 580 0 0 600 0 0 5,410 0 0 3,868 0 0 175 0 0 1,360 0 0 50 0 0 700 0 0 1,000 0 0 264 0 0 / 200 0 0 38,650 0 0 100 0 0 1,800 0 0 2,558 0 0 300 0 0 2,500 0 0 610 0 0 165 0 0 1,970 0 0 1,778 0 0 100 0 0 1,030 0 0 2,890 0 0 290 0 0 1,055 0 0 Road Boards— Arai Arch Hill Egmont Eketahuna Featherston Fitzherbert Frankley Manawatu Manchester Manganui Masterton Mauku Mauriceville Moa Otaki Parihaka Pouawa Seatoun Taratahi-Carterton Te Horo Turanga Upper Taueru Waimate Waipipi Waiwakaiho Wirokino 47,715 0 0 500 0 0 463 0 0 250 0 0 754 0 0 1,670 0 0 800 0 0 775 0 0 1,569 0 0 550 0 0 400 0 0 40 0 0 2,000 0 0 267 0 0 670 0 0 50 0 0 388 0 0 1,772 0 0 300 0 0 1,122 0 0 650 0 0 650 0 0 995 0 0 20,026 0 0 395 0 0 160 0 0 300 0 0 2,000 0 0 Boroughs— Dannevirke Feilding Pahiatua Patea Petone 13,755 0 0 2,000 0 0 2,800 0 0 '2,855 0 0 100 0 0 300 0 0 Town Boards— Clyde Stratford 4,800 0 0 300 0 0 570 0 0 3,000 0 0 200 0 0 280 0 0 400 0 0 Drainage Boards— Akaaka Aorangi Land Manawatu Land Otakia Sluggish River Tepuke Land 493 0 0 1,495 0 0 3,000 0 0 200 0 0 606 0 0 4,050 0 0 5,788 0 0 152 0 0 Unauthorised— Pohangina County Wainono Drainage Board 2,899 0 0 75,257 0 0 66,133 0 0 Appropriations,— Vote 113.—Roads to open up Crown lands Balance at end of year,— Cash in the Public Account Advances in hands of Officers of the Government, — In the Colony 31,016 18 6 18,769 11 8 3 10 1 21,826 19 11 151 3 0 21,978 2 11 Totals £97,153 8 7 £116,004 14 7

B.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the NEW ZEALAND CONSOLS

The Treasury, Wellington, 22nd April, 1898. Railway Receipts examined and found correct. 0. HUDSON, Assistant General Manager, New Zealand Railways. OnsTOMS Revenue examined andpound to agree with the Collectors' Cash-books. W. T. GLASGOW, Secretary and_Inspeotor of Customs. Territorial Revenue Receipts examined and found oorreot. W. WEST KNOWLES, For Auditor of Land Revenue.

16

1896-97. RECEIPTS. . 1897-98. £ s. a. 90 0 0 161,300 0 0 Balance at beginning of Year, — Cash in Deposit Account .. Investment Account £ s. d. 5 0 0 297,400 0 0 £ s. a. 297,405 0 0 161,390 0 0 136,015 0 0 Deposits inscribed 58,780 0 0 Total £356,185 0 0 £297,405 0 0

8.-5

ACCOUNT for the Year ended 31st March, 1898, compared with the Financial Year ended 31st March, 1897.

JAMES B. HEYWOOD, Secretary to the Treasury. ROBERT J. COLLINS, Accountant to the Treasury. The foregoing accounts have been examined and found correct, except as regards the "Customs," "Railways," and "Territorial Revenue " receipts, which are not now examined by the Audit Office ; but, as regards the receipts of gold revenue, the Audit Office is unable to satisfactorily verify them, through the failure of the Mines Department to comply with a requisition for a certified statement of the amounts collectible as such revenue. ' J. K. WARBURTON, Controller and Auditor-General. /

3—B. 5.

17

1896-97. EXPENDITURE. 189 '-98. £ s. d. 5 0 0 297,400 0 0 Balanoe at end of Year, — Cash in Deposit Account.. Investment Account £ s. d. 85 0 0 356,100 0 0 £ s. d. 356,185 0 0 £297,405 0 0 Totals £356,185 0 0

8.—5.

Approximate Cost of Paper.—Preparation, not given; printing (1,435 copies), £18.

By Authority: John Mackat, Government Printer, Wellington.— 1898,

SUMMARY OF BALANCES ON 31st MARCH, 1898.

Price 9d.~}

18

Balances. Cash. Advances. Investments. Total. Consolidated Fund :— Ordinary Revenue Account State Forests Account Accounts of Local Bodies Deposit Accounts £ s. d. 1,251,144 6 10* 16,417 17 3 10,188 4 10 117,515 2 9 £ s. a. Consolidated Fund :— Ordinary Revenue Account State Forests Account.. Accounts of Local Bodies Deposit Accounts £ s. d. 780,580 3 7 16,417 17 3 7,754 1 2 91,175 15 4 £ s. d. 49,164 3 3 £ s. d. 421,400 0 0 £ s. d. 1,251,144 6 10 16,417 17 3 10,188 4 10 117,515 2 9 1,395,265 11 8 2,434 3 8 26,339 7 5 895,927 17 4 77,937 14 4 421,400 0 0 1,395,265 11 8 Public Works Fund 51,492 7 6 Public Works Fund 17,408 19 10 34,083 7 8 51,492 7 6 Land for Settlements Account .. Conversion Account Loans to Local Bodies Account New Zealand Consols Account.. Remittances to London Account 8,796 1 0 2,542 2 4 21,978 2 11 356,185 0 0 Dr. 770, 000 0 0 Land for Settlements Account.. Conversion Account Loans to Local, Bodies Account New Zealand Consols Account.. Remittances to London Account 8,689 18 10 2,288 5 11 21,826 19 11 85 0 0 Cr.770,000 0 0 106 2 2 253 16 5 151 3 0 8,796 1 0 2,542 2 4 21,978 2 11 356,185 0 0 Cr.770,000 0 0 356,100 0 0 Totals 1,066,259 5 5 Totals 176,227 1*10 777,500 0 0 1,066,259 5 5 112,532 3 7 * Against this, Treasury bills amounting to £730,000 are outstanding. i

INDEX.

Page Introductory .. .. .. .. i Table showing the Position of the Ordinary Revenue Acoount at the Close of each Finanoial Year . 10 „, ■• commencing 1871 .. .. • • B Receipts during the Year 1897-98 .. .. iii Expenditure during the Year 1897-98 .. .. iii Result of the Working of 1897-98 .. .. iii The Public Works Fund, 1897-98 .. .. iv The Cheviot Estate Account, 1897-98 .. .. iv The Land for Settlements Account, 1897-98 .. iv The Conversion Account, 1897-98 .. .. iv

Pag» The Loans to Local Bodies Account .. .. iv The New Zealand Consols Account, 1897-98 .. v The Public Debt, 1897-98 .. .. .. v The Customs Revenue Land-tax and Income tax .. .. .. vii Estimated Expenditure, 1898-99 ... .. vii Estimated Revenue, 1898-99 .. .. viii Summary .. .. .. •• «» Aid to the Public Works Fund .. .. ix Conclusion .. .. .. • • i*