ABSTRACT OF THE REVENUE AND EXPENDITURE OF THE PUBLIC ACCOUNT FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1905.

Appendix to the Journals of the House of Representatives, 1905 Session I, B-05

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1905. NEW ZEALAND.

ABSTRACT OF THE REVENUE AND EXPENDITURE OF THE PUBLIC ACCOUNT FOR THE FINANCIAL YEAR ENDED 31st MARCH, 1905.

Presented to both Houses of the General Assembly pursuant to Section 4 of " The Public Revenues Acts Amendment Act, 1896."

I—B. 5,

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2

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1905, compared with the Financial Year ended 31st March, 1904.

19O3-19O4-. RECEIPTS. 19O4-19O5. £ s. d. Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Offioers of the Government, - In the Colony .. .. .. .. •• ■• £30,718 11 2 In London .. .. .. .. .. •• 30,837 10 9 On acoount of Imperial Pensions .. .. .. .. 658 7 4 On account of other Governments .. .. .. 695 17 1 £ s. d. £ s. d. 800,248 4 5 1,126,830 10 11 37,894 11 6 64,859 11 4 579 10 11 323 14 4 62,910 6 4 160,000 0 0 100,000 0 0 Investment Acoount 1,003,905 12 6 700,000 0 0 Less Treasury Bills outstanding 1,349,740 17 3 700,000 0 0 649,740 17 3 303,905 12 6 2,601,325 7 1 1,079,284 1 10 334,990 10 6 221,368 18 11 3 9 2 96,720 12 2 2,167,992 2 10 92,647 7 5 35,836 0 6 143,375 2 1 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 2,631,983 12 0 1,160,119 5 10 352,853 14 4 253,951 14 4 96,210 9 7 2,217,767 0 5 103,465 6 3 36,120 12 10 170,377 18 6 6,773,543 12 6 Territorial Revenue, — Cash Land Sales .. .. .. .. .. .. £44,168 13 8 Deferred-payment Land Sales .. .. .. .. 5,357 3 9 Pastoral Runs, Rents, and Miscellaneous .. .. .. 210,494 16 9 7,022,849 14 1 £50,566 8 0 5,505 2 9 191,770 16 8 260,020 14 2 247,842 7 5 7,282,870 8 3 7,021,385 19 11 Receipts in Aid, — Debentures issued under " The Consolidated Stock Act, 1884," — For Increases of Sinking Fund 63,200 0 0 60,600 0 0 47,741 0 8 371 11 6 17 18 3 Recoveries in respeot of Expenditure of previous Years,— In respeot of payments made on acoount of Cook Islands In respect of payments made on account of South Afrioa Contingents Recoupment of interest paid under State Coal-mines Aot Unauthorised 1,126 17 9 1,126 17 9 48,130 10 5 Totals 57,434,022 2 10 £7,996,938 3 3 TREASU Y BILLS £ a. d, 700,000 0 0 Treasury Bills outstanding at beginning of Year £ s. d. £ s. d. 700,000 0 0 900,000 0 0 200,000 0 0 Treasury Bills issued during Year,— In renewal of Bills matured In anticipation of Revenue 700,000 0 0 700,000 0 0 Totals £1,800,000 0 0 £1,400,000 0 0

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3

REVENUE CCOUNT.

1904-1905. 19O3-19O4. EXPENDITURE. £ s. d. 35,258 6 8 1,957,962 12 5 252,567 6 3 70,548 3 8 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 Old-age Pensions .. £ s. d. 34,159 0 0 1,993,729 5 7 286,376 13 7 73,639 18 5 £ s. d. 33,354 1 3 30,759 11 10 2,670,9723 10 3,209 11 7 15,062 6 2 44,510 5 11 200,844 10 1 3,135 17 4 12,964 6 3 42,233 14 5 193,973 13 5 2,613,917 4 0 25,548 10 7 80,748 6 5 32,641 10 1 57,616 6 9 43,407 16 6 3,655 2 2 135,984 19 5 524,499 17 8 37,467 10 6 51,128 7 3 41,300 6 0 28,394 5 6 576,488 9 7 76,261 15 1 9,602 15 9 19,065 5 6 112,420 19 3 1,451,953 17 8 22,815 1 2 170,325 14 3 126,917 1 4 160,804 5 2 27,971 7 0 3,344 11 0 Annual Appropriations,— Class I. —Legislative II.—Colonial Secretary III.—Public Health IV.—Industries and Commerce and Tourist Department V.—Colonial Treasurer .. .. • • VI.—Old-age Pensions .. .. • • VII.—Minister of Justice VIII. —Postmaster-General IX.—Commissioner of Trade and Customs X.—Marine XI. —Printing and Stationery XII.—Commissioner of Stamps XIII. —Education Department XIV. —Lunacy and Charitable Department XV.—Department of Labour XVI.—Minister of Mines „ XVII. —Minister for Agriculture „ XVIII.—Working Railways XIX.—Minister for Public Works XX.—Defence Department .. „ XXI. —Police Department „ XXII.—Department of Lands and Survey „ XXIII.—Valuation Department Services not provided f or .. 24,599 0 7 69,469 7 2 31,772 17 8 62,478 15 1 41,029 7 5 3,936 18 0 147,961 4 5 557,535 1 11 40,583 13 4 54,303 19 4 42,122 0 3 30,771 1 4 635,936 17 9 78,472 19 8 10,848 0 1 18,489 1 8 112,630 16 3 1,471,827 8 8 26,267 11 0 188,253 10 7 130,676 7 7 149,441 14 11 29,306 18 10 6,215 4 8 3,964,929 18 2 3,820,364 1 7 Amount transferred to the Public Works Fund, in terms of section 13 of " The Appropriation Act, 1904 " .. 600,000 0 0 350,000 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 On account of other Governments Investment Account 1,278,053 12 7 1,126,830 10 11 30,718 11 2 30,837 10 9 658 7 4 695 17 1 160,000 0 0 24,161 12 8 56,951 0 1 956 18 10 913 0 1 100,000 0 0 761,036 4 3 1,349,740 17 3 700,000 0 0 Less Treasury Bills outstanding 1,461,036 4 3 700,000 0 0 649,740 17 3 Totals £7,996,938 3 3 £7,434,022 2 10 ACCOUNT. £ s. d. 900,000 0 0 200,000 0 0 £ s. d. 700,000 0 0 £ s. d. Treasury Bills renewed during Year .. Treasury Bills paid off during Year 700,000 0 0 1,100,000 0 0 Treasury Bills outstanding at end of Year 700,000 0 0 700,000 0 0 Totals £1,400,000 0 0 £1,800,000 0 0

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4

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1905, compared with the Financial Year ended 3lst March, 1904.

19O3-19O4. RECEIPTS. 19O4-19O5. £ s. d. 31,364 13 8 Balance at beginning of Year, — Cash in the Public Account Advances in hands of Officers of the Government— In the Colony £ s. d. 32,510 7 7 £ s. d. 165 1 9 161 9 1 32,671 16 8 31,529 15 5 1,992 18 6 14,733 4 11 Rents from Lands set apart Miscellaneous 3,246 10 2 9,537 12 6 12,784 2 8 16,726 3 5 £48,255 18 10 Totals £45,455 19 4 STA E COAL- £ s. d. 1,076 10 0 Balance at beginning of Year, — Cash in the Public Account .. .. .. . . Advances in the hands of Officers of the Government,— In the Colony In London £ B. d. 2,168 18 9 £ B. d. 1,500 0 0 10,000 0 0 1,8G3 19 0 4,032 17 9 12,576 10 0 " The State Coal-mines Act, 1901,"— Debentures created 55,000 0 0 33,000 0 0 1,702 16 3 Proceeds of sale of coal Transfer from Public Works Fund, being amount expended in acquiring and partially completing the Point Elizabeth Railway 108,502 2 9 204,042 14 7 62,540 11 10 56,702 16 3 Totals £69,279 6 3 £208,075 12 4 SCENERY PRESERVATION £ s. d. 10,000 0 0 Debentures oreated under " The Scenery Preservation Act, 1903 " Total £10,000 0 0 ACC UNTS OF £ s. d. 24,224 12 9 Balance at beginning of Year, — Cash in the Public Account Advances in the hands of Officers of the Government— In the Colony £ s. d. 7,866 16 5 £ s. d. 151 15 8 92 15 10 7,959 12 3 24,376 8 5 7,696 3 5 20,080 2 3 23,463 14 11 23,400 6 6 Revenue received for Local Bodies, — Pees, Fines, &c. Endowments of Land, &c. .. Goldfields Revenue Gold Duty 8,340 7 2 19,688 0 9 20,485 17 1 22,219 13 1 70,733 18 1 74,640 7 1 278 3 6 Counties Separate Accounts, — Revenue of Ccunties in which " The Counties Act, 1886," is not in full operation 234 18 10 39,776 19 7 64 7 9 Advance Account, — Amount repaid by Local Bodies Ditto on account of Unauthorised Expenditure of previous years 30,274 4 9 93 18 0 30,368 2 9 39,841 7 4 Totals £139,136 6 4 £109,296 11 11

5

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STATE FORESTS ACCOUNT.

19O3-19O4. EXPENDITURE. 19O4-19O5. £ s. d. 15,584 2 2 Annual Appropriation,— Vote 116—State Forests Branch £ s. d. £ s. d. 18,675 5 5 32,510 7 7 Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government — In the Colony 26,637 9 4 26,780 13 11 161 9 1 143 4 7 32,671 16 8 Totals £45,455 19 4 £48,255 18 10 COUNT. MINES A 1 £ s. d. 63,174 2 1 Annual Appropriation,— Vote 117—State Coal-mines £ s d. £ s. d. 106,348 1 3 2,072 6 5 Interest on Debentures issued 3,778 6 3 2,168 18 9 1,863 19 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 93,519 14 6 4,078 15 6 350 14 10 97,949 4 10 4,032 17 9 Totals £69,279 6 3 £208,075 12 4 ACCOUNT. Annual Appropriation,— Vote 118—Expenses of Commissioners £ s. d. £ . . 2,090 2 1 Balance at end of Quarter, — Cash in the Public Account Advances in the hands of Officers of the Government— In the Colony 7,779 16 5 130 1 6 7,909 17 11 Total £10,000 0 0 LOCAL B DIES. £ s. d. 7,982 7 7 30,192 2 8 23,753 7 8 29,034 16 0 Revenue paid over to Local Bodies, — Fees, Pines, &e. Endowments of Laud, &c. .. Goldfields Revenue .. .. .. .. Gold Duty £ s. d. 8,553 4 4 19,773 0 9 18,812 18 3 21,766 4 3 £ s. d. 68,905 7 7 90,962 13 11 Counties Separate Accounts, — Amount distributed amongst Local Bodies where " The Counties Act, 1886," is not in full operation 230 12 9 294 17 5 39,919 2 9 Advance Accounts, — Payments on behalf of Local Bodies 30,165 3 7 Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government — In the Colony 9,938 14 1 9,995 8 0 7,866 16 5 92 15 10 56 13 11 7,959 12 3 Totals £139,136 6 £109,296 11 11

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6

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1905, compared with the Financial Year ended 31st March, 1904.

1903-1904. RECEIPTS. 19O4-19O5. £ s. a. 131,362 7 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 £ s. d. 134,803 11 3 £ s. d. 5,522 6 3 10,006 6 1 2,710 12 8 6,066 9 9 143,580 18 8 146,890 19 7 1,424 611 15,424 0 0 50 0 0 16 3 2 48 0 8 873 17 8 70,599 0 3 344 4 3 138 0 0 945 10 6 52,837 11 3 47,396 6 8 1,236 7 9 4 16 6 17 6 3 64 1 8 24 6 3 174 19 4 88 19 6 16 15 9 85 17 6 34 10 0 53 16 3 172 9 9 104 12 6 91 5 6 28 7 0 Lodgments,— Cyanide Process Gold-extraction Act, 1897 .. Emigrants' Deposits General Assembly Library Fund Hospitals and Charitable Institutions Acts, 1885-86 Imperial Government (Contracts) Imperial Government (Crown Agents) Imperial Government (South Africa Contingents) Land Transfer Act, 1885 Maori Land Administration Suspense Account Mining Districts Land Occupation Act, 1894 Miscellaneous Money-order Settlement Moiety of Rotorua Bath Fees Native Township of Hokio .. „ Karcwa Parata „ Parawai „ Pipiriki Potaka Rotoiti Te Araroa Te Puia Te Puru Tokaanu Tuatine Waipiro Nelson liine Prize Fund (Interest Account) New Zealand University Endowment, Canterbury New Zealand University Endowment, Taranaki New Zealand University Endowment, Westland North Island Experimental Dairy School North Island Main Trunk Railway Loan Application Act 1886 Amendment Act, 1889 .. Public Trust Office Remittance Account Railways. Tauranga Educational Endowment Reserves Act, 1896 Thermal-springs Districts Act, 1881 Trustee Act, 1883 1,790 10 10 51,263 10 0 125 0 0 23 10 4 1,867 3 5 152 12 6 121 18 0 819 14 3 42,w38 0 5 77,329 4 2 1,243 14 2 6 0 0 14 10 0 77 19 10 44 15 0 164 5 10 202 10 6 31 8 9 63 6 0 56 5 0 35 1 3 200 13 10 46 2 8 71 4 4 23 9 9 390 0 0 580 14 1 416 9 6 47 0 3 541 15 1 5 0 0 46 19 9 12,070 0 1 16,998 11 9 1,565 0 0 167 5 5 24 2 9 22 4 7 9,010 18 8 18,731 19 8 3,270 0 0 30 5 0 1,888 14 10 213,078 12 10 223,736 12 3 Totals £370,627 11 10 £356,659 6 6

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7

DEPOSIT ACCOUNTS.

19O3-19O4. EXPENDITURE. 19O4-19O5. £ e. d. 11,514 0 0 50 0 0 20 18 11 86,033 11 8 352 15 0 637 0 0 55,278 2 10 42,796 6 8 168 12 2 166 1 0 78 15 0 62 5 0 46 0 0 Withdrawals,— Emigrants' Deposits General Assembly Library Fund Hospitals and Charitable Institutions Acts, 1885-86 Imperial Government (South Africa Contingents) Land Transfer Act, 1883-85 Mining Districts Land Occupation Act, 1894.. Miscellaneous Moiety of Rotorua Bath Pees Money-order Settlement Native Land Purchases Native Township, Parata Pipiriki Potaka Tokaanu.. „ Waipiro Nelson Rifle Prize Fund New Zealand University Endowment, Westland Ngatirahiri Compensation Nonh Island Experimental Dairy School North Island Main Trunk Railway Loan Application Act 1886 Amendment Act, 1889 Public Trust Office Remittance Account Railways Thermal-springs Districts Act, 1881 £ b. d. 53,719 10 0 125 0 0 16 3 2 5,747 12 10 245 0 0 569 0 1 46,435 6 9 0 7 3 78,129 4 2 258 16 1 111 9 6 141 3 9 645 17 0 20 6 0 406 9 6 25 6 5 £ s. d 2 17 5 2 14 4 1,138 7 3 18,350 15 7 10,213 9 4 134 6 0 18,740 1 1 17,957 4 8 2,913 4 2 6 9 10 227,046 18 2 226,213 12 3 Balances at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government— In the Colony In London 130,445 14 3 134,803 11 3 116,392 16 7 2,710 12 8 6,066 9 9 2,463 6 11 11,589 10 9 143,580 13 8 Totals £370,627 11 10 £356,659 6 6

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STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS

19O3-19O4. RECEIPTS. 19O4-19O5. £ s. d. 287,342 2 0 Balance at beginning of Year, — Cash in Public Account Advances in the hands of Officers of the Government — In the Colony .. .. .. .. .. .. £22,891 9 7 In London " .. .. .. .. .. .. 12,545 6 10 Investment Account .. .. .. .. .. 37,575 2 5 £ s. d. 320,790 8 4 £ s. d. 16,467 7 11 34,756 4 2 393,802 7 2 73,011 18 10 338,565 14 1 The Aid to Publio Works and Land Settlement Act, 1899,— Provision for repayment of £300,000 advanoes— 3J-per-cent. Stock created 4-per-cent. Debentures sold The Aid to Public Works and Land Settlement Act, 1900,— Provision for debentures due 1st April, 1904, £500,000— Temporary advances against issue of debentures Debentures sold Debentures issued in renewal .. .. .. ... Provision for debentures due 1st April, 1903, — Debentures issued in renewal 100,000 0 0 200,000 0 0 300,000 0 0 203,500 0 0 301,000 0 0 204,500 0 0 709,000 0 0 465,000 0 0 The Aid to Public Works and Land Settlement Act, 1901,— Provision for Debentures due 1st December, 1904, £250,000 — Debentures sold Debentures renewed 70.100 0 0 179,600 0 0 The Aid to Publio Works and Land Settlement Act, 1902,— Instalments received in reepect of £1,000,000 Loan 3-per-eenfc. Stock, issued in London Interest on overdue instalments, Loan of 1902 Premium on £2,000 at Is. per cent. 249,700 0 0 740,000 0 0 28 3 0 10 0 583,950 0 0 The Aid to Public Works and Land Settlement Act, 1903,— In respeot of iesue of £1,000,000 authorised— Debentures issued Brought to charge in previous year 1,000,000 0 0 583,950 0 0 416,050 0 0 The Aid to Public Works and Land Settlement Act, 1904, — Instalments received in respect of £750,000 Loan, 4 per oent., issued in London.. Temporary advances on security of short-dated debentures issued in anticipation of loan 717,063 0 0 917,063 0 0 200,000 0 0 1,788,979 3 0 Special Receipts in connection with the Ellesmere and Forsyth Reclamation and Akaroa Railway Trust 1,633 6 7 1,635 3 1 Amount transferred from the Consolidated Fund in terms of section 13 of " The Appropriation Act, 1904 " .. 600,000 0 0 350,000 0 0 Amount transferred from North Island Main Trunk Loan Application Act Deposit Account .. .. ,. .. .. .. 10,000 0 0 150,000 0 0 The Midland Railway Petitions Settlement Acts, 1902-1903,— Debentures created Totals !2,629,180 0 2 £3,597,248 13 9

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9

FUND for the Year ended 31st March, 1905, compared with the Financial Year ended 31st March, 1904.

2—B. 5.

19O3-19O4. EXPENDITURE. 19O4-19O5. £ s. d. £ s. d. £ s. d. 16,088 19 0 802,240 12 0 216,191 13 3 10,863 2 2 15,643 4 3 Cr. 6 11 8 361,044 18 1 10,278 5 4 5,351 14 8 47,226 19 7 666 0 3 38,723 16 3 2,019 3 11 Annual Appropriations,— Glass XXIV. —Public Works, Departmental XXV.—Railways .. XXVI.—Utilisation of Water-power .. . XXVII.—Public Buildings .. XXVIII.—Lighthouses, Harbour-works, and Harbour Defences XXIX.—Tourist and Health Resorts.. XXX. —Immigration XXXI.—Roads XXXII.—Development of Goldfields XXXIII.—Purchase of Native Lands .. „ XXXIV.—Telegraph Extension XXXV.—Rates on Native Lands „ XXXVI.—Contingent Defence „ XXXVII.—Lands Improvement „ XXXVIII. — Charges and Expenses of raising Loans 12,813 17 11 677,674 8 4 467 18 3 116,677 14 10 5,990 8 7 17,107 15 6 6,481 14 0 226,462 13 4 6,257 19 11 6,280 10 4 79,297 15 1 631. 4 9 46,588 7 1 2,248 4 5 403 3 6 1,532,331 17 1 1,205,383 10 10 796 18 11 Unauthorised, — Services not provided for .. 3,549 1 10 465,000 0 0 Tho Aid to Public Works and Land Settlement Act, 1899, — Debentures matured lsl April, 1903, paid off Repayment of advances Charges and expenses 300,000 0 0 2,219 13 0 The Aid to Public Works and Land Settlement Act, 1900, — Temporary advances, as per contra, repaid Debentures due 1st April, 1904, redeemed Debentures due 1st April, 1904, renewed Charges and expenses connected therewith 302,219 13 0 203,500 0 0 295,500 0 0 204,500 0 0 5,369 16 9 708,869 16 9 The Aid to Public Works and Land Settlement Act, 1901,— Debentures due 1st December, 1904, paid off Debentures due 1st December, 1904, renewed Charges and expenses 70,100 0 0 179,600 0 0 2,332 12 9 252,032 12 9 82,188 3 11 The Aid to Public Works and Land Settlement Act, 1902,— Charges and expenses 5,060 13 1 The Aid to Publio Works and Land Settlement Act, 1903,— Charges and expenses 438 0 7 The Aid to Public Works and Land Settlement Act, 1904,— Temporary advances, as per contra, repaid 200,000 0 0 The Appropriation Act, 1904, section 24, — Transferred to State Coal-mines Account, being amount expended in acquiring and partially completing Point Elizabeth Railwav, now being treated us part of the Government railways 02,540 11 10 552,248 17 0 The Ellesmere and Forsyth Railway Trust Account, — Expenditure 544 18 0 150,000 0 0 The Midland Railway Petitions Settlement Acts, 1902-1903,— Debentures issued.. 320,790 8 4 22,891 9 7 12,545 6 10 37,575 2 5 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 833,041 5 1 4,123 2 8 24,506 0 5 861,670 8 2 393,802 7 2 £2,629,180 0 2 Totals £3,597,248 13

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STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS

19O3-19O4. RECEIPTS. 19O4-19O5. £ s. d. £ s. d. Balance at beginning of Year, — Cash in the Publio Account Amount received for purchase of £26,738 3-per-cent. Debentures under " The Paeroa-Waihi Railway Act, 1903 " .. 23,537 4 10 50,000 0 0 25,000 0 0 Totals £48,537 4 10 £50,000 0 0 HUTT RAILWAY AND ROAD " The Hutt Railway and Road Improvement Act, 1903," — 3£-per-cent. Debentures issued £ s. d. 45,000 0 0 Total £45,000 0 0 THE RAILWAYS IMPROVE ENTS AUTHORISATION £ s. d. "The Railways Improvements Authorisation Act, 1904," — Instalments received in respect of 4-per-cent. issue of £92,500 88,437 0 0 Total £88,437 0 0 STATEMENT of the RECEIPTS and EXPENDITURE of the CHE\ vtot estat: £ s. d. £ s d. £ s. d. 22,433 11 11 Balance at beginning of Year, — Cash in Public Account 27,347 1 6 13,685 9 7 90 0 0 4 2 6 Receipts under " The Cheviot Estate Disposition Act, 1893," — Rents from Lands Interest on Advances Miscellaneous 15,279 6 4 15,279 6 4 13,779 12 1 £36,213 4 0 Totals £42,626 7 10

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FUND for the Year ended 31st March, 1905, compared with the Financial Year ended 31st March, 1904.

11

AILWAY ACCOUNT. 1903-1904. • EXPENDITURE. 19O4-19O5. £ s. d. 26,462 15 2 Expenditure £ a. d. 39,675 11 3 23,537 4 10 Balance at end of Year, — Cash in the Publio Aocount 8,861 13 7 £50,000 0 0 Totals £48,537 4 10 MPROVEME T ACCOUNT for the Year ended 31st March, 1905. Annual Appropriation,— Vote 119—Hutt Railway and Road Improvement £ s. d. 32,103 8 7 Balance at end of Year, — , Cash in the Public Account 12,896 11 5 Total £45,000 0 0 CT ACCOU T for the Year ended 31st March, 1905. £ s. d. Balance at end of Year, — Cash in the Publio Aocount 88,437 0 0 Total £88,437 0 0 .CCOUNT for the Year ended 31st March, 1905, compared with the Financial Year ended 31sl March, 1904. £ s. d. 8,666 2 6 £ s. d. 8,866 2 6 48 13 10 £ s. d. Interest Surveys, Roading, &o. 8,914 16 4 8,866 2 6 Balance at end of Year, — Cash in the Public Account 27,347 1 6 33,711 11 6 Totals £36,213 4 0 £42,626 7 10

12

8.—5

STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS

19O3-19O4. RECEIPTS. 19O4-19O5. £ s. d. £ s. d. « £ s. d. 38,352 1 5 2,722 18 4 325,000 0 0 Balance at beginning of Year, — Cash in the Public Account Advances in hands of Officers of the Government— In the Colony Investment Account 93,069 19 2 588 19 7 325,000 0 0 366,074 19 9 The Land for Settlements Consolidation Act, 1900,— Provision for Debentures due 1st April, 1904 (£250,000), and 1st May, 1904 (£527,950)— Debentures sold.. Debentures issued in renewal 418,658 18 9 456,100 0 0 330,450 0 0 786,550 0 0 Provision for Debentures due 1st November, 1904 (£21,000) — Debentures sold.. Debentures issued in renewal 2,400 0 0 18,600 0 0 Provision for Debentures due 1st February, 1905 (£415,000) — Debentures sold.. Debentures issued in renewal 21,000 0 0 115,400 0 0 299,600 0 0 415,000 0 0 Debentures sold for purchase of estates .. .. Temporary advances against Debentures issued to provide for the redemption of maturing securities 730,200 0 0 584,500 0 0 511,350 0 0 Proceeds of Scrip and Debentures .. .. 511,350 0 0 Receipts derived from Estates, — Rents, &c. 149,606 0 11 150,406 18 5 13,608 11 3 Other Receipts,— Interest on Investments held by the Land for Settlements Investment Account.. 12,875 0 0 2 2 0 0 2 3 10 3 16 8 Credits in reduotion, — Albury Estate Braco Estate Highbank Estate Langdale Estate Okauia Estate Orakipaoa Estate .. .. .. .. .. 0 10 6 '2 13 0 10 6 10 13 9 8 0 0 50 15 3 30 6 3 316 2 0 63 2 6 Recoveries, — Epuni Estate Chamberlain Estate Hekeao Estate Kapua Estate Kohika Estate Langdale Estate Lyndon Estate Maungaraki Estate Opouriao Estate Rapuwai Estate 23 13 0 3 5 0 669 16 5 622 18 5 20 0 0 ■ *8 0 0 476 6 0 Carried forward .. 3,119,060 6 7 1,041,927 9 2

8.—5

ACCOUNT for the Year ended 31st March, 1905, compared with the Financial Year ended 31st March, 1904.

13

19O3-19O4. EXPENDITURE 19O -19O5. £ s. d. £ s. (i. £ s. d. £ s. d. £ s. d. 2,207 11 6 2,531 8 10 Annual Appropriations,— Vote 120—Land for Settlements Expenses Vote 121—Land for Settlements Roads 4,803 9 8 4,141 10 4 8,945 0 0 4,739 0 4 Acquirement of Estates, — Name of Estate. Purchase-money. Expenses. Total. 1 11 0 96,922 14 6 4,563 17 7 114 5 9 7 6 4 44,761 6 0 5 7 3 162 9 6 11,640 18 2 186 15 2 108 12 9 1 10 8 Albury Annan (Highfield) Argyll Barnego Beaumont .. Bickerstafie Blind River.. Chamberlain Clandon Cradock Duncan Earnscleugh Eccleston Edendale (New Zealand and Australian Land Company) Elsthorpe Epuni Pencourt Flaxbourne Forest Gate Glenham Greenfield (John, James, and W. M. Smith) Hatuma Hekeao Hetana Highbank Hikawera (Horiana Kingi) Janefield Kaimahi Kapuatohe Karapiro Kitchener Kokatahi Kumeroa Langdale (H. and A. Cameron) Lindsay (Mount Vernon), (A. and J. W. Harding) Linton Longbush Lyndon Lyndon No. 2 Maerewhenua Mahora Mahupuku Mak&reao (Waihemo Grange) Manga-a-toro Manga-a-toro No. 2 .. Mangawhata Marawiti Matamata (Assets Realisation Board) Maungaraki Maytown Mead Merrivale Methuen Momona Normandale North Bank Ohakea Opouriao Orakipaoa Otarakaro Papaka Paparangi Pareora Pareora No. 2 Pawaho Piripiri Plumer .. .. Poerua Pomahaka Puhuka Rainford (G. E. Parsons) Rakitairi 574 3 10 3,105 4 7 110 4 10 5,424 3 3 574 3 10 3,105 4 7 110 4 10 5,424 3 3 241 18 5 120 3 3 56 17 0 241 18 5 320 3 3 56 17 0 8" 17 3 817 3 581 5 10 4 5 2 87 17 9 36 4 7 1,062 12 9 362 10 10 766 8 4 113,613 19 10 3,100 9 8 6 4 11 304 17 6 36 7 3 4,793 15 9 116,714 9 6 6 4 11 304 17 6 36 7 3 4,793 15 9 1,102 15 1 1,082 15 8 58,595 17 6 326 16 0 652 8 10 648 12 0 2 0 0 399 4 9 6 5 6 326 16 0 59,248 6 4 648 12 0 2 0 0 399 4 9 6 5 6 9,380 0 0 l6' 2 9 9,380 0 0 2 2 0 195-7 9 25 18 3 1,203 1 0 14 0 13 11 6 180 11 1 727 3 3 152 6 0 26 17 6 2 13 58 18 9 10 19 3 98 9 0 2 13 58 18 9 10 19 3 98 9 0 50 0 0 95,369 11 0 433 18 7 17 4 11 2,407 18 11 7 1 3 416 13 1 5 3 2 10 8 9 0 12 6 6 4 11 9 9 0 171 18 2 646 10 1 433 18 7 67 4 11 97,777 9 11 7 1 3 416 13 1 5 3 2 10 8 9 0 12 6 6 4 11 9 9 0 171 18 2 646 10 1 1,657 19 10 1,401 9 2 13 5 6 62 17 6 8 10 5 3,310 2 5 496 3 8 23 5 9 26 13 6 142 3 0 300 15 0 127,515 13 4 473' 2 11 5,291 18 9 294 5 8 79 17 9 1 16 0 111 5 2 189 6 0 0 2 0 2,764 17 4 60 0 8 473' 2 11 132,807 12 1 294 5 8 79 17 9 1 16 0 111 5 2 189 6 0 0 2 0 2,764 17 4 60 0 8 12 460 11 6 103 15 6 3 7 6 33 1 4 34 15 6 2 8 6 21 10 0 33 1 4 34 15 6 2 8 6 21 10 0 1 15 6 4 15 0 88 4 7 52 1 6 4 8 3 34 15 0 13 0 6 0 16 5 81 19 0 6,155 13 5 9 Q 0 27 16 4 55 3 3 107 10 2 123 8 7 4 16 0 5 2 0 6 6 2 27 16 4 55 3 3 107 10 2 123 8 7 4 16 0 5 2 0 6 6 2 192,559 5 2 Carried forward 404,525 1 8 33,910 16 3 438,435 17 11 945 0 0

14

8.—5

STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS

19O3-19O4. RECEIPTS. 19O4-19O5. £ s. d. 1,041,927 9 2 Brought forward £ a. d. £ ». a. 3,119,060 6 7 £1,041,927 9 2 Totals £3,119,060 6 7

8.—5

15

ACCOUNT for the Year ended 31st March, 1905, compared with the Financial Year ended 31st March, 1904— continued.

1903-1904. EXPENDITURE. 19O49O5. £ s. d. £ s. d. £ s. a. £ s. d. £ s. a. 192,559 5 2 Brought forward .. .. .. 404,525 1 8 33,910 16 3 404,525 1 8 33,910 16 3 438,435 17 11 8,945 0 0 Acquirement of Estates— continued. Purchase-money. Expenses. 0 14 0 376 18 6 44 19 10 2,967 9 8 13 0 606 7 0 Total. 0 14 0 376 18 6 44 19 10 2,967 9 3 13 0 606 7 0 23 10 0 59 1 5 248,444 3 6 4,452 7 9 858 15 6 6 5 6 300 0 0 1,190 8 0 139 10 6 65 1 6 21 12 2 174 15 6 47 15 10 0 6 8 460 13 11 1 12 9 Name of Estate. Purchase-money. Expenses. Rangiatea .. .. .. .. .. .. 0 14 0 Richmond Brook .. .. .. .. .. 376 18 6 Ringway .. .. .. .. .. .. 44 19 10 Rosewill .. .. .. .. .. .. 2,967 9 8 St. Helen's .. .. .. .. .. .. 130 Spotswood .. .. .. .. .. .. 606 7 0 Scarborough Station Peak Tablelands .. .. .. .. .. .. 863 2 8 Takitu .. .. .. .. .. .. 175 2 0 Tamai .. .. .. .. .. .. 178 15 2 Tamaki Tarawahi .. .. .. .. .. .. 135 2 8 Toka-ora .. .. .. .. .. .. 53 0 3 Tokarahi .. .. .. .. .. .. 110 19 9 Waari .. .. .. .. .. .. 751 10 11 Waikakahi .. .. .. .. .. .. 16 16 7 Waipapa .. .. .. .. .. ... 497 17 1 Whitehall .. .. .. .. .. .. 330 Wigan .. .. .. .. .. .. 884 8 7 Windsor Park .. .. .. .. .. 26 8 0 Windsor Park No. 2 .. 404,525 1 8 41,604 14 6 863 2 8 175 2 0 178 15 2 863 2 8 175 2 0 178 15 2 97 19 6 54,356 1 0 28 19 1 136 17 3 135 2 8 53 0 3 110 19 9 751 10 11 16 16 7 497 17 1 3 3 0 884 8 7 26 8 0 135 2 8 53 0 3 110 19 9 751 10 11 16 16 7 497 17 1 3 3 0 884 8 7 26 8 0 446,129 16 2 503,425 2 6 404,525 1 8 41,604 14 6 446,129 16 2 " The Land for Settlements Consolidation Act, 1900,"— Temporary Advances repaid, as per contra Debentures redeemed— Due 1st April, 1904 .. .. .. .. .. £189,000 0 0 Due 1st May, 1904 .. .. .. .. .. 258,500 0 0 Due 1st November, 1904 .. .. .. .. .. 2,400 0 0 Due 1st February, 1905 .. .. .. .. .. 115,400 0 0 584,500 0 0 565,300 0 0 Debentures renewed— Due 1st April, 1904 .. .. .. .. .. £61,000 0 0 Due 1st May, 1904 .. .. .. .. .. 269,450 0 0 Due 1st November, 1904 .. .. .. .. .. 18,600 0 0 Due 1st February, 1905 .. .. .. .. .. 299,600 0 0 648,650 0 0 14,133 19 3 15 18 5 Charges and Expenses on issue of Debentures under the Act 1,812,583 19 3 15 18 5 Interest recouped to Consolidated Fund in reppect of Debentures issued 115,083 9 2 134,703 13 7 93,069 19 2 Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government— In the Colony Foreign Investment Account .. 379,097 17 7 716,697 17 7 588 19 7 20,000 0 0 317,600 0 0 325,000 0 0 418,658 18 9 Totals !l,041,927 9 2 £3,119,060 6 7

8.—5

16

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION

19O3-19O4. RECEIPTS. 19O4-19O5. £ s. d. £ s. d. £ s. d. 1,216 2 2 446 2 0 Balance at beginning of Year, — Cash in the Public Account In the hands of Stock Agents— Cash .. 4,816 2 2 222 17 6 5,038 19 8 1,662 4 2 60,000 0 0 3J-per-cent. Inscribed Stock, — Issued for redemption of Debentures Issued in exchange for Debentures Issued for expenses 60,000 0 0 92,791 0 0 2,000 0 0 154,791 0 0 60,000 0 0 3-per-oent. Inscribed Stock, — Issued in exchange for Debentures 848 0 0 Premium received on eale of Stock 87 10 0 165,000 0 0 Consolidated Stock Act, 1884,— Issued in renewal of Debentures, Aid to Publio Works Act and Land Settlement Acts, 1896-97 .. £226,662 4 2 Totals £160,765 9 8 STATEMENT of the BEOEIPTS and EXPENDITUKE of the EW ZEALAND CONSOLi £ s. d. £ s. d. Balance at Beginning of Year, — 56 1 1 Cash in Deposit Account .. 472,500 0 0 Investment Account £ s. d. 76 1 1 . 474,200 0 0 474,276 1 1 472,556 1 1 1,720 0 0 Deposits inscribed .. £474,276 1 1 . Totals 1,458 0 0 £475,734 1 1

17

8.—5

ACCOUNT for the Year ended 31st March, 1905, compared with the Financial Year ended 31st March, 1904.

3—B. 5.

I-19O3-19O4. EXPENDITURE. 19O4-19O5. £ s. d. £ s. (1. £ s. d. £ s. a. Debentures redeemed, — 55,900 0 0 Consolidated Loan Act, 1867, 5 per cent. .. .. .. .. Auokland Loan, 1863 .. .. .. .. .. .,..-.. 55,900 0 0 54,200 0 0 i 600 0 0 =^—— : 54,800 0 0 54,200 0 0 600 0 0 Debentures converted into 3-per-cent. Stock, — 165,000 0 0 Aid to Public Works and Land Settlement Acts, 1896-99 Land for Settlements Consolidation Ant, 1900, at rate of £106 for every £100 Premium . , - 800 0 0 48 0 0 165,000 0 0 848 0 0 Debentures converted into 3£-per-cent. Inscribed Stock, — Consolidated Loan Act, 1867, 5 per cent, at par Land for Settlements Consolidation Ant, 1900, 4 per cent., at rate of £103 for every £100 .. .. .. .. £12,000 0 0 Premium .. .. " .. .. . . .. .. 360 0 0 400 0 0 12,360 0 0 Railways Improvements Authorisation Act, 1904, 4 per cent., at rate of £103 for every £100 ... .. .. .. £77,700 0 0 Premium .. .. .. .. .. .. 2,331 0 0 !■ I80,081 0 0 Expenses Account, — Brokerage and Commission Discount .. : J ,75 4 2 Stamp Duty ■258 0 i Office Expenses 90 0 0 Rents Interest , 92,791 0 0 305 0 0 7,660 0 0 1,103 14 3 221 4 2 67 10 0 6 13 0 . ! q- 3fj4 ] 5 723 4 6 . Balance at end of Year, — 4,816 2 2 Gash in the Public Account In the hands of Stock Agents— 222 17 6 Cash .. .. .. 1,137 11 8 1,824 16 7 ! ' .; 2,962 8 3 5,038 19 8 £220,662 4 2 Totals £160,765 9 8 ACCOUNT for the Year ended 31st March, 1905, compared with the Finanoial Year ended 31si Mabch, 1904. £ s. d. Balance at end of Year, — 7G 1 1 i Cash in Deposit Account .. .. .. .. .. 474,200 0 0 j Investment Account £ s. d. £ s. d. £ s. a. 7G 1 1 474,200 0 0 284 1 1 475,450 0 0 475,734 1 1 474 ,276 1 1 474,276 1 1 £474,276 1 1 . Totals £474,276 ] 1 £475,734 1 1

8.—5

18

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

19O3-19O4. RECEIPTS. 19O4I9O5. £ s. d. Balance at beginning of Year, — Cash in the Public Account Advances in hands of Officers of the Government— In the Colony £ s. d. £ s. d. 23,138 9 6 11,365 12 6 6,019 5 5 2,052 6 7 13,417 19 1 29,157 14 10 • Debentures created, — Under " The Local Bodies' Loans Aot, 1901 " .. 185,000 0 0 206,000 0 0 15 6 1 1 8 5 124 1 7 296 10 10 Repayments under section 70 of "The Local Bodies' Loans Aot, 1901," — Counties— Ashburton Clifton Clutha Eketahuna Geraldine Kiwitea .. .. .. .. ■ Masterton .. .. .. .. ■ Pahiatua Rangitikei Wairarapa South Road Boards— Drury Manganui Porangahau Pukekohe West Boroughs— Akaroa Blenheim Port Chalmers Temuka 590 8 3 8 12 0 70 18 8 695 6 3 38 16 4 147 7 11 162 8 0 47 19 4 4 10 5 72 1 2 16 1 187 0 10 40 15 4 2 19 2 39 1 4 9 2 9 1,890 12 10 665 3 1 Carried forward •234,822 17 11 200,30ti 11 11

8.—5

ACCOUNT for the Year ended 31st March, 1905, compared with the Financial Year ended 31st March, 1904.

19

19O3-19O4. EXPENDITURE. i: a. d. Grants under " The Looal Bodies' Loans Act, 1901," — Counties — ■2,600 0 0 Bruce Oastlepoint 2,380 0 0 Clifton 500 0 0 Clutha a, 000 0 0 Collingwood 1,950 0 0 Cook 600 0 0 Cororoandei 160 0 0 Eketahuna 512 0 0 Featherston 2,750 0 0 i Hawera 3,200 0 0 i Hawke's Bay 1,200 0 0 ] Hobson 1,995 0 0 ' Horowhenua Inangahua 400 0 0 Kairanga ■2,594 0 0 Kiwitea 5,110 0 0 Manawatu 800 0 0 Masterton Mauriceville Oroua Pahiatua 500 0 0 Pohangina .: 300 0 0 Raglan 6,000 0 0 Rangitikei 6,000 0 0 Selwyn 6,000 0 0 Stratford 1,000 0 0 Taranaki 4,600 0 0 Waipawa Wairoa Waitotara Wanganui 2,300 0 0 Whakatane 94 0 0 Woodville . . ■ 19O4-19O5. £ s. d. S 950 0 0 700 0 0 150 0 0 4,700 U 0 675 0 0 2,003 0 0 1,656 0 0 2,000 0 0 1,314 0 0 5,950 0 0 4,008 0 0 750 0 0 350 0 0 460 0 0 1,850 0 0 569 0 0 4,204 0 0 6,000 0 0 3,070 0 0 5,600 0 0 1,317 0 0 3,000 0 0 700 0 0 3,486 0 0 b00 0 0 56.062 8. d. 2 0 0 56,545 0 0 oo,uoa 56,062 0 0 ■ City Council — 10,000 0 0 Christohuroh Boroughs— 100 ■ 0 0 Akaroa Alexandra ■. . • • Balclutha 300 0 0 Blenhein 500 0 0 Cambridge 1,000 0 0 Cacterton 6,000 0 0 Eltham 3,500 0 0 Feilding 2,000 0 0 Foxton 250 0 0 Gisborne Hamilton 10,118 0 0 Hawera Hokitika Inglewood Kaitangata 2,500 0 0 Lower Hutt 500 0 0 Lyttelton 1,700 0 0 Marton 5,500 0 0 Maaterton 3,727 0 0 Napier 1,500 0 0 New Brighton 2,500 0 0 ' Oamaru 2,000 0 0 I Onehunga 900 0 0 Pahiatua 10,000 0 0 Palmerston North 7,300 0 0 Petone 1,500 0 0 Port Chalmers 1,600 0 0 Ross 4,000 0 0 Stratford 3,500 0 0 Sumner 500 0 0 Temuka 650 0 0 Timaru 10,000 0 0 ■ Waihi 2,400 0 0 Westport 200 0 0 I Winton 330 0 0 Woodville 86,575 0 0 153,120 0 0 Carried forward 2,500 0 0 700 0 0 380 0 0 4,900 0 0 10,000 0 0 6,300 0 0 1,000 0 0 2,250 0 0 200 0 0 2,172 0 0 •9,000 0 0 419 0 0 2,000 0 0 j 500 0 0 2,250 0 0 7,500 0 0 10,000 0 0 4,500 0 0 400 0 0 2,300 0 0 350 0 0 250 0 0 5,000 0 0 8,645 0 0 600 0 0 84,116 140,178 2,500 0 0 700 0 0 380 0 0 3 0 0 3 0 0 4,900 0 0 10,000 0 0 6,300 0 0 1,000 0 0 2,250 0 0 200 0 0 2,172 0 0 9,000 0 0 419 0 0 2,000 0 0 500 0 0 2,250 0 0 7,500 0 0 10,000 0 0 4,500 0 0 400 0 0 2,300 0 0 350 0 0 250 0 0 5,000 0 0 8,645 0 0 600 0 0 84,116 0 0 140,178 0 0

8.—5.

20

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

19O3-19O4. RECEIPTS. 19O4■19O5. I £ 9. d. 284,822 17 11 Brought forward £ s. d. £ s. d. 200,308 11 11 m Totals £234,82-2 17 11 £200,308 11 11

21

8.—5

ACCOUNT for the Year ended 31st March, 1905, compared with the Financial Year ended 31st March, 1904— continued.

19O3-I9O4. EXPENDITURE. 19O4-19O5. £ g. d. 153,120 0 0 : Brought forward Grants under "The Local Bodies' Loans Act, 1901 " — continued. Road Boards— Akaroa-Wainui 1,600 0 0 Arch Hill 96 0 0 Drury 950 0 0 Bgmont 969 0 0 Eyreton 1,000 0 0 Frankley 2,100 0 0 , Heatbcote 3,000 0 0 Manchester 2,625 O 0 i Manganui 400 0 0 Mataongaonga '200 0 0 Mauku 2,130 0 0 Moa 1,777 0 0 Mount Eden 1,000 0 0 Mount Roskill Newcastle 250 0 0 Oakura Okato 249 0 0 Omata 1,000 0 0 One-tree Hill Ofcaki 1,844 0 0 Oxford 3,000 0 0 Parihaka Porangahau 2,000 0 0 Pukekohe East 595 0 0 Pukekohe West 200 0 0 Taruheru 150 0 0 Te Horo 200 0 0 Tuhikaramea 2,220 0 0 Upper Wangaotiu Waimate 1,400 0 0 I Waipipi 1,050 0 O! Waitara West 40 0 0 Waivvakaiho 200 0 0 Whangamarino 2,097 0 0 Wirokino .. £ s. i.\ £ s. d. 140,178 0 0 3,000 0 0 160 0 0 950 0 0 200 0 0 1,800 0 0 1,220 0 0 500 0 0 700 0 0 500 0 0 500 0 0 100 0 0 2,288 0 0 2,000 0 0 800 0 0 550 0 0 600 0 0 1,600 0 0 34,342 0 0 - 17,468 0 0 34,342 0 0 Town Boards— 300 0 0 Bull's 300 0 0 Havelock 200 0 0 ! Lethbridge 300 0 0 Opotiki 90 0 0 Otautau 300 0 0 Waipawa 300 0 0 300 0 0 200 0 0 1 300 0 0 90 0 0 300 0 0 300 0 0 300 0 0 300 0 0 300 0 0 __ i 600 0 0 1,490 0 0 Biver Boards— 4,800 0 0 Hutt 500 0 0 Lochiel Upper Orari West Winton 5,300 0 0 5,000 0 0 1,000 0 0 1,100 0 0 5,000 0 0 1,000 0 0 1,100 0 0 7,100 0 0 Drainage Boards — 50 0 0 Berwick 500 0 0 Eltham 100 0 0 Mangahoe 350 0 0 Otakia 400 0 0 West Taieri '.'. l 100 0 0 350 0 0 100 0 0 350 0 0 97 0 0 97 0 0 i Ar\n r\ r» 547 0 0 1,400 0 0 H /\t" i> f n n s\ 1,400 0 0 195,652 0 0 195,652 0 0 Annual Appropriation,— 25,752 18 10 Vote 122—Roads to open up Crown lands 28,894 16 9 Balanoe at end of Year, — 11,365 12 6 Cash in the Publio Aooount Advances in hands of OffioerB of the Government — 2,052 6 7 In the Colony 13,417 19 1 4,970 15 9 549 19 5 — 5,520 15 2 £234,822 17 11 Totals £234,822 17 11 £200,308 11 11 £200,308 11 11

8.—5

22

STATEMENT of the RECEIPTS and EXPENDITURE of the GOVERNMENT ADVANCES TO SETTLERS

The Treasury, Wellington, 26th April, 1905. Railway Receipts examined and found correct. H. DAVIDSON, For General Manager, New Zealand Railways. Customs Revenue examined and found to agree with the Collectors' Cash-books. W. T. GLASGOW, Secretary and Inspector of Customs. Territorial Revence and Land Sales Receipts examined and found correot. WM. G. RUNCIE, Auditor of Land Revenue.

1903-1904. RECEIPTS. 19O4-19O5. RECEIPTS. £ s. d. £ s. d. £ s. d. Balanoe at beginning of Year, — 64,955 0 8 Gash in the Public Account Investment Aooount .. .. .. .. .. .. .. 9,393 15 7 9,898 15 7 64,955 0 8 ■ The Government Advances to Settlers Act, 1894, — Debentures issued .. .. .. .. .. .. 10,000 0 0 Dividend on £10,000 3-per-cent Stock received by the Agent General .. .. .. .. .. .. £150 0 0 Less income-tax .. .. .. .. .. 6 17 6 143 '2 6 185,000 0 0 Loan of £250,000 S-per-cent. Stock issued in London, 1903 .. 200,000 0 0 Temporary advances on security of short-dated Debentures 7 0 9 Interest on overdue Loan of 1902 283 15 0 Interest on investments 44 19 4 Recoveries in respect of oharges of previous years 10,143 2 6 385,335 15 1 j £450,290 15 9 Totals .. .. .. .. .. .. .. £19,536 18 1 i ...____ _ : STATEMENT of the RECEIPTS AND EXPENDITURE of the GOVERNMENT ACCIDENT INSURANCE For repayment of advance, as per contra, in 1900-1, on security of debentures for £1,000 0 0 £2,000 .. STATEMENT of the RECEIPTS and EXPENDITURE of the STATE FIRE INSURANCE Debentures issued under''The State Fire Insurance Act, 1903 " .. .. .. £2,000 0 0 £2,000 0 0 STATEMENT of the RECEIPTS and EXPENDITURE of the BANK OF NEW ZEALAND ACT, £ s. d. I Balance at beginning of Year, — Investment Account .. .. .. .. .. .. 500,000 0 0 Securities held by the Public Trustee for transfer under section 9 Preference Shares Certificate for 75,000 shares of £6 13s. 4d. each received from 500,000 0 0 Bank of New Zealand in terms of section 10.. .. .. .. £ s. d. 500,000 0 0 £1,000,000 0 0 j Totals .. £500,000 0 0

23

8.—5

OFFICE LOAN ACCOUNT for the Year ended 31st March, 1905, compared with the Financial Year ended 31st March, 1904.

ROBERT J. COLLINS, JAMBS B. HEYWOOD, Assistant Secretary and Accountant. Secretary to the Treasury. The foregoing acoounts have been examined and found correct, subject to the following remarks : — (1.) The Customs, Railways, and Territorial Revenue receipts are not now examined by the Audit Office. (2.) The Audit Office is unable satisfactorily to verify the receipts of gold revenue, through the failure of the Mines Department to comply with a requisition for a certified statement of the amounts collectible as such revenue. (3.) Old-age Pension instalments to the amount of £3,601 11s. 3d. were paid by the Postmaster-General before the moneys necessary, in order to enable such instalments to be paid, had, by the Colonial Treasurer, been paid out of the Consolidated Fund into the Post Office Account by way of imprest, in accordance with the provisions of section 58 of " The Old-age Pensions Act, 1898."--(4.) The Treasury Cashier, out of moneys issued to him by way of imprest under appropriations, paid and advanced, for expenditure to be charged to the State Coal-mines Account, £2,200 17s. 7d. for which there was at the time no appropriation. (5.) A few payments which the Governor's Salary and Allowances Act operated to prohibit till appropriation was passed under section 8 of "The Public Revenues Acts Amendment Act, 1900," were made, before such appropriation, out of moneys issued by way of imprest. (6.) The subsidies payable under Act to local authorities were in some oases paid subject to a deduction, not agreed to by the local authority, of an amount claimed by the Working Railways Department as a contribution towards the expense of maintaining a combined road and railway bridge. (7.) The expenditure on telephone exchanges includes expenditure on telephone-exchange connections supplied free of charge to hospitals, homes, orphanages, benevolent institutions, fire brigades, &c. (8.) In the statement of the receipts and expenditure of the Conversion Account, the amount entered as balance in the hands of Stock Agents includes payments which were made in May, 1904, to officers of the Agent-General's Department for services rendered by them to such Agents, but of which a sum of £300 was not authorised by the Consolidated Stock Act. (9.) The " Advances in the hands of Officers of the Government" include payments to the amount of £4,545 12s. Bd., though the accounts of the same were received at the Treasury before the close of the year. J. K. WARBURTON, Controller and Auditor-General. The following remarks are necessary in reply : — (1.) Is in accordance with law. (2.) Certified statements are not by law required. (3.) Paid by the Post Office under authority of section 10 of " The Public Revenues Act, 1900." (4.) Paid by the Cashier as an imprestee in ordinary course. (5.) Paid by imprestees in ordinary course. (6 and 7.) Correct. No remarks necessary. (8.) The sum of £300, as mentioned, will be placed upon the estimates of the current year, It has been the custom to make these pay ments for many years past. (9.) These outstandings are known by the Audit Office to be unavoidable. R. J. SEDDON, 17th May, 1905. Colonial Treasurer.

19O3-19O4. EXPENDITURE. 19O49O5. £ s. A. 220,349 19 2 Amount paid over to Government Advances to Settlers Office Account.. £ s. d. £ s. d. 19,536 18 1 200,000 0 0 Temporary Advances paid off 20,547 1 0 Charges and expenses of raising Loans, — In respect of Loan issued in London 9,393 15 7 Balance at end of Year, — Cash in the Public Account Investment Account Totals £450,290 15 9 £19,536 18 1 LOAN ACCOUNT for the Year ended 31st March, 1905, compared with the Financial Year ended 31st Mabch, 1904. I j i Temporary advances made under section 6 of "The Government Accident Insurance £1,000 0 0 j Act, 1899," repaid to Government Life Insurance Aocount LOAN ACCOUNT for the Year ended 31st March, 1905, compared with the Financial Year ended 31st March, 1904. ._ _] Amount paid over to the State Pire Insurance Office .. .. .. .. | .. £2,000 0 0 ~~*i 1903, ACCOUNT for the Year ended 31st Makch, 1905, compared with the Financial Year ended 31st Makch, 1904. £ s. d. 500,000 -0 0 I Securities transferred and delivered to the Bank of New Zealand under section 9 .. i Balance at end of Year, — Investment Account— 500,000 0 0| 75,000 preference shares issued by the Bank of New Zealand £ b. a. 500,000 0 0 £500,000 0 0 £1,000,000 0 0 ,000,000 0 0 Totals

24

8.--5

SUMMARY of BALANCES on 31st MARCH, 1905.

Approximate Oott of Paper.— Preparation, not given ; printing (1,42s copies), f_>3lBe. 6fl,

By Authority: John Maokay, Government Printer, Wellington. 1906, Price, 9d.

. • Balances. Cash. Advances. Advances. : Investments. Investments. Total. Total. Consolidated Fund: — £ s. d. t s. d. Ordinary Revenue Account* .. 1,461,036 4 3 State Forests Account .. 26,780 13 11 State Coal-mines Account .. 97,949 4 10 Scenery Prefiervation Account .. 7,909 17 11 Accounts of Local Bodies .. 9,995 8 0 Deposit Accounts .. .. 130,445 14 3 . ' 1,734,117 3 2 J Consolidated Fund :— £ s. d. ■ Ordinary Revenue Account .. 1,278,053 12 7 ■ State Forests Account .. .. 26,637 9 4 | State Coal-mines Account .. 93,519 14 6 Scenery Preservation Account .. 7,779 16 5 Accounts of Local Bodies .. 9,938 14 1 Deposit Accounts .. .. 116,392 16 7 £ s. d. 82,982 11 8 143 4 7 4,429 10 4 130 1 6 56 13 11 14,052 17 8 £ s. d. £ s. d. 82,982 11 8 100,000 0 0 143 4 7 4,429 10 4 130 1 6 56 13 11 14,052 17 8 £ s. d. 100,000 0 0 £ s. d. 1,461,036 4 3 26,780 13 11 97,949 4 10 7,909 17 11 9,995 8 0 130,445 14 3 £ s. d. 1,461,036 4 3 26,780 13 11 97,949 4 10 7,909 17 11 9,995 8 0 130,445 14 3 1,532,322 3 6 101,794 19 8 100,000 0 0 100,000 0 0 1,734,117 3 2 1,734,117 3 2 : : . _ . ; — Public Works Fdnd .. .. .. 861,670 8 2 Public Works Fund .. .. 833,041 5 1 833,041 5 1 28,629 3 1 28,629 3 1 861,670 8 2 861,670 8 2 — J Paeroa-Waihi Railway Account .. 8,861 13 7 Hutt Railway and Road Improvement Account .. .. .. 12,896 11 5 The Railways Improvements Authorisation Act Account .. .. 88,437 0 0 Cheviot Estate Account .. .. 33,711 11 6 Land for Settlements Account .. 716,697 17 7 Conversion Account .. .. .. 2,962 8 3 Loans to Local Bodies Account .. 5,520 15 2 New Zealand Consols Account .. 475,734 1 1 Remittances to London Account .. Dr. 500,000 0 0 Bank of New Zealand Act, 1903, Account .. .. .. .. 500,000 0 0 Paehoa-Waihi Railway Account 8,861 13 7 Hutt Railway and Road Improvement Account .. -. 12,896 11 5 The Railways Improvements Authorisation Act Account .. 88,437 0 0 Cheviot Estate Account .. 33,711 11 6 Land for Settlements Account > 379,097 17 7 Conversion Account .. .. 1 ,137 11 8 Loans to Local Bodies Account 4,970 15 9 I New Zealand Consols Account 284 1 1 Remittances to London Account Gr. 500,000 0 0 Bank of New Zealand Act, 1903, Account .. •. ■ • • 20,000 0 0 317,600 0 0 1,824 16 7 549 19 5 475,450 0 0 C , 500,000 0 0 317,600 0 0 8,861 13 7 12,896 11 5 88,437 0 0 33,711 11 6 716,697 17 7 2,962 8 3 5,520 15 2 475,734 1 1 Gr. 500,000 0 0 8,861 13 7 12,896 11 5 88,437 0 0 33,711 11 6 716,697 17 7 2,962 8 3 5,520 15 2 475,734 1 1 Or. 500,000 0 0 500,000 0 0 475,450 0 0 . . 500,000 0 0 500,000 0 0 Total .. .. .. 3,940,609 9 11 Totals '.. .. 2,394,760 11 2 152,798 18 9 1,393,050 0 0 3,940,609 9 11 ' Against tl] s Treasury Bills amounting to £700,000 are outstanding.