STATE COAL-MINES (REPORT ON THE WORKING OF) FOR THE YEAR ENDED 31st MARCH, 1924.

Appendix to the Journals of the House of Representatives, 1924 Session I, C-02a

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1924. NEW ZEALAND.

STATE COAL-MINES (REPORT ON THE WORKING OF) FOR THE YEAR ENDED 31st MARCH, 1924.

Prepared in accordance with the requirements of Section 118 of the Coal-mines Act, 1908.

The Superintendent, State. Coal-mines, Greymouth, to the Under-Secretary, Mines Department, Wellington. Sir,-- 30th April, 1924. I have the honour to submit my annual report on the, working ol the State coal-mines for the year ended 31st March, 1924. Liverpool Colliery. Coal-winning. —The gross total output of coal for the year was 134,320 tons, an increase of 18,034 tons 17 cwt. when compared with the figures of last year. After making allowance for stocks on hand at the beginning of the year, and deducting mine consumption and waste, there remained for disposal 133,629 tons 14 cwt., which is accounted for as follows : — Export — Tons cwt. Tons cwt. Screened .. .. .. .. .. 11,981 3 Unscreened .. .. .. .. . . 73,354 8 Small .. .. .. .. .. .. 27,300 (i 112,635 17 Kail to Christchureh— Screened .. .. .. .. .. 1,290 17 Unscreened .. . . .. .. .. 897 15 Small .. .. .. .. .. .. 1,045 10 3,234 2 Local sales — Screened .. .. .. .. .. 919 7 Unscreened .. .. .. .. .. 4,519 5 Small .. .. .. .. .. .. 5,659 I 11,097 13 Mine sales .. ... .. .. .. .. 15 10 Sold to workmen .. .. .. .. ..2,388 13 Stock in bin .. .. .. .. .. 4,249 17 6,654 0 Stock on wharf—Screened . . . . . . . . . . 8 2 133,629 14 Used on works .. .. .. .. .. 3,735 0 Waste .. .. .. .. .. .. 922 0 4,657 0 The gross total output from this colliery since its inception amounts to 1,276,670 tons 17 cwt.

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Days worked. —During the year the No. 1 mine worked 249| days, and tho Nos. 3 and 4 sections 255|, out of a possible 3.12, an increase of forty days respectively as compared with the number worked last year. The difference between the days worked and the possible working-days is accounted for as follows :— No. 1 Mine. Nos. 3 and 4 Mines. Union holidays .. .. .. .. .. ..18 18 Pay Saturdays . . .. .. .. .. .. 26 26 Stoppages re, workmen's clothes in change and bath house ..4 Stop-work meetings .. .. .. .. 3 Slip on railway .. .. .. .. .. .... I Fatal accidents .. .. .. .. .. 4 1 4| Want of shipping .. .. .. .. .. 4 4 Quarterly cavils . . . . .. .. .. .. 1| I !, Fall on rope-road .. .. .. .. • • f I m 561 Employees. In connection with coal-winning the average number of persons employed in and about the mine was 291, made, up as follows: Underground —coal-hewers, 99; deputies, shiftmen, and truckers, 98. On the surface, 65 men and 29 boys. In addition to those employed under the head of " coal-winning " there were, on an average, 33 men and 2 boys employed on property and develop-ment-work, making a total number for this colliery of 295 men and 31 boys. Payments.— The total payments made in connection with coal-winning for wages, stores, minetimber, and compensation amounted to £79,177 lis., an increase of £9.563 Is. sd. in payments compared with the previous year. Coal-hewers' Average Daily Earnings. —The coal-hewers' daily average earnings (gross) were £1 ss. 6-58d., and after making deductions for stores (explosives) the net return was £1 3s. 7-54d., an increase of Is. I U34d. per day compared with the previous year. Daily Output. —The average daily mine-output was 53.1 tons, and the. daily average output per coal-hewer was 6 tons 4-73 cwt. Days worked, by Coal-hewers. The total number of days that could have been worked by coalhewers was 23,595 ; the number worked was 20,464| ; and the number lost, including those lost through sickness, was 3,130|. Taking the average tonnage per coal-hewer per shift of 6 tons 4-73 cwt., together with the days lost by coal-hewers, 3,130|, this represents a loss in output of nearly 13 per cent., or approximately 19,520 tons. Underground Exploration. —Operations underground have been carried out much on similar lines to that of the previous year —namely, the extracting of pillars from the Nos. 1 and 3 sections, and the developing of the No. 3 Extended and the Nos. 4 and 4a sections. The bulk of the output was obtained from the Nos. 1 and 3 sections ; and, apart from the ordinary routine of operations in opening out old bords and headings in order to extract the pillars effectively, there has been no new developmentwork in these sections. No. 3 Extended. —This is a small mine that was opened up during the previous year with the object of working a semi-detached area on the south-west side of the No. 3 mine, and it is situated at the end of the colliery sidings. During the greater part of the year this small mine opened out well, the coal being of good quality, and the average thickness of the seam was about 6 ft. During the latter part of the year, however, the main headings, which were being driven in a north-westerly direction, had to be stopped owing to the seam pinching and the intrusion of dirt-bands. Levels are now beingdriven in an east and westerly direction, but from present indications and knowledge of the. locality it is not anticipated that the levels will be extended any great distance. No. 4 Mine. —Development-work in this small mine, where four pairs of miners are employed, was confined to the driving of a new dip heading, and the opening of levels right and left off the same. A few pillars of coal were also extracted on the fault side of the old dip heading. The seam in this mine, although steeply inclined, is clean, and will average over 6 ft. in thickness. No. 4a Mine. —Operations in this section had to be abandoned during the year owing to the numerous bands of stone in the seam making it practically impossible for the miners to win and fill the coal in a clean and marketable condition. New Seam. —ln the course of driving the low-level adit to intersect the upper and Morgan seams, a seam of coal was met at a distance of 31 chains from the adit entrance. When first intersected it was rising at a grade of 1 in 8 in a northerly direction, and continued to do so for a distance of approximately 60 yards, when it dipped over at a very steep angle. The development of the; seam was therefore limited to two levels a little over a chain apart, and the driving of the necessary cutthroughs between. These levels have now reached the point where the seam dips over in all directions, and. therefore making it impossible for further work to be carried out unless power is installed for haulage and pumping purposes. Development-work. -This is confined to the construction of the two low-level adits that are being driven from near the middle brake to intersect the upper and Morgan seams. During the year good progress was made, and the adits are now in a distance of 42 chains from the entrance. From the information derived from bore No. 8, which is situated at the junction of the Seven-mile and Puru (Jreeks, the seams herein referred to should be met a distance of 46 chains and 56 chains respectively from the adit entrance. Surface Works. —The plant and machinery in and about the colliery has been maintained in efficient working-order, and the following new plant and buildings have been erected during the year : (a) An electrically-driven endless-rope-haulage plant near the entrance to the low-level adit (this was

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erected to deal with the debris from the two adits, also the output of coal from the new seam in the tunnel, and from the Nos. 4 and 4a mines) ; (b) a new 50 in. Sirocco fan and 15 h.p. motor at the No. 3 Extended Mine ; (c) an electrically-driven air-compressor at the middle brake power-house. Accidents. —During the year there were a good many minor accidents, and. I regret to report that there were two fatal accidents. In connection with the latter, special reports were forwarded. Electric Safety-lamps. - -With the object of replacing the oil safety-lamps hitherto in use, and providing the miners with a better light, several types of cap and hand electric safety-lamps have been tried during the past few months, but, as the trial has not yet been of sufficient duration to determine reliably which is the best type of lamp to recommend for use, the matter will have to stand over for a little while yet. Tree-planting. —Although at the present time the question of the supply of mining-timber may not be regarded as a serious one, in a few years hence, and particularly if other companies commence coal-mining operations in this district, great difficulty will no doubt be experienced in obtaining supplies. Having this in view, arrangements have been made to commence planting trees suitable for mining purposes on a part of the State Coal Reserve near Dunollie. The scheme proposed is to plant during the next three years 75 acres per annum in trees, consisting of Douglas fir and Eucalyptus globulus. With the assistance of the Forestry Department, it is expected that this work will be commenced next spring. Exploratory Work. —Under this head work has been confined to the making of a geological and topographical survey of the Coal Creek area of the State Coal Reserve. In connection with this work three men have been continuously employed since the middle of last February, and up to date approximately 1,800 acres have been examined. The result of this examination points to the area being considerably disturbed and sharply'folded. No workable seams were discovered; and, as the locality under review is of a rugged nature, and practically trackless, transport for boring operations would be difficult, though boring would be necessary before condemning the area. James Colliery. The gross total output for the year was 25,796 tons 11 owl., and after making allowance for coal used on works and waste there remained for disposal 24,036 tons 9 cwt., which is accounted for as follows: — Export — Tons cwt. Tons ewt. Screened .. .. .. .. .. .14,688 6 Unscreened . . . . .. .. .. 826 7 Small .. .. .. .. .. .. 6,495 I 22,020 14 Local sales — Screened .. . . .. .. .. 546 6 Unscreened . . .. .. .. .. 14 6 Small .. .. .. .. .. .. 66 7 Mine sales— ■ 626 19 Sold, to workmen .. . . .. .. 40 9 Stock in bin .. . . .. .. .. 638 7 Stock on wharf . . . . .. .. .. 710 0 1,388 16 24,036 9 Used on works, and waste .. .. .. .. 1,760 2 The gross total output won from the colliery since its inception amounts to 28,752 tons 13 cwt. Goal-winning. —From the beginning of the year to the 4th August the miners were employed coal-winning on day-wages, but from the latter date coal has been won on tonnage rates. The quantity of coal won during the period the men were employed on day-wages was 3,955 tons 3 cwt., and the quantity won on tonnage rates was 21,841 tons 8 cwt. Days worked. —The total number of days the mine worked since the miners were employed on tonnage rates was 159f, and the average daily output was slightly over 137 tons. Comparing the days worked with the possible time which could have been worked (not including union holidays and pay Saturdays) shows a loss of- 13f days, which arc accounted for as follows : Stop-work meetings, 2; irregularity of orders, 8; breakdown to machinery, If; fatal accident, Liverpool Colliery, 2. Employees. —The average number of persons employed in and about the mine in connection with coal-winning since the 4th August iast was 72, made up as follows : Underground—Coalhewers, 30; deputies, shiftmen, and truckers, 23; boys, 1. On the surface—l2 men and 4 boys. In addition to those employed under the head of " coal-winning," there were on an average 7 men and 1 boy employed on property and development-work, making a total number for this colliery of 72 men and 6 boys. Payments. —The total payments made in connection with coal-winning for wages, stores, timber, and compensation amounted to £15,875 13s. lOd. Out of this amount £3,233 3s. 2d. was paid during the period coal was being won per day wages, and the balance, £12,64-2.135. Bd., has been paid since the 4th August last, this being the period during which the miners were employed on tonnage rates. Coal-hewers' Average Daily Earnings. —The coal-hewers' daily average earnings (gross) for the seven months was £1 Bs. 11-17d., and the net return to each man after deducting stores (explosives) was £1 3s. 2-91d.

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Underground Development.- —During the year the main-haulage heading was extended a distance of 12 chains, making the total distance from the mine-entrance 53 chains. In driving the distance of 12 chains the seam was fairly uniform in grade and thickness, the latter averaging throughout about 7 ft. As the main heading advanced, rise headings were started every chain on the northwest side and 1 driven towards the outcrops. in driving towards the outcrop a downthrow fault was encountered at a, distance of about 5 chains from the main heading. The extent of the downthrow is not known, but from all appearances it is not great, and arrangements will be made later on to cross the fault with the object, of winning tho coal on the other side. A dip heading was also driven for a distance of 6 chains and levels worked right and loft, but owing to the grade of this dip heading not being uniform, and also the landing at the top not beingsuitable for delivering the coal on to the main haulago-road, it was decided to stop it, and drive a new one about 3 chains inbye. This new dip heading is now down a distance of 4. chains, and the grade, so far, is fairly uniform. It is pleasing to report that the mine on the whole is looking well, and the seam, in most of the places, shows a thickness of about 7 ft. of clean coal. Surface Works.- The whole of the buildings and machinery have been maintained in good and efficient repair. During the year a change and bath house, capable of accommodating 128 men, was erected near the mine-entrance, the walls of the building, together with those of the cabinets, being constructed of concrete to a height of 7 ft. The building looks well, and it would not be out of place to say that it is one of the best in the Dominion. The mine weighbridge from the Point Elizabeth Colliery was transferred and re-erected near the mine-entrance, likewise also was the magazine for the storage of explosives. A store for mine requisites was erected near the colliery-siding, and a dam was also constructed for water-supply for the change and bath house. The unscreened portion of the Point Elizabeth Colliery storage bins has been dismantled and is now partly re-erected. When completed the capacity will be approximately 1,000 tons. Accidents. —There were a few minor accidents during the year, but if is gratifying to report that there were not any of a serious nature. General. Reviewing the work for the year, if will be seen that there is a substantial increase in the output of coal from both oolleries when compared with the previous year. The increased output at the Liverpool Colliery was 18,034 tons 17 cwt., and that of the James Colliery 22,840 tons 9 cwt., making a total of 40,875 tons 6 cwt. There is also a decided increase in the number of working-days and the miners' average daily earnings at the Liverpool Colliery. The number of working-days was increased by forty, and the miners' average daily earnings by Is. 1 L34d. The miners' average daily earnings (net) at the James Mine was lower by 4-63d. than that of the Liverpool Colliery, the former being £] 3s. 2-91(1. and the latter £1 3s. 7-54d. The total amount paid in connection with coal-winning for wages, stores, mine-timber, and compensation at the Liverpool Colliery was £79,177 lis., and at the James Colliery £15,875 13s. 10d., an increase of £9,563 Is. sd. and £6,04-0 ss. sd. respectively over the previous year. Accompanying are copies of the working-plans of the Liverpool and James Mines workings. In conclusion, permit me to say that the officers in all branches have performed their duties in a most satisfactory manner, and 1 am indebted to yourself for valuable assistance rendered in connection with (lie James Mine agreement, also several other matters in connection with the mines. 1 have, &C, I. A. James, Superintendent. The Under-Secretary, Mines Department, Wellington.

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NEW ZEALAND STATE COAL-MINES. Balance-sheet. Statement of Liabilities and Assets as at 31st March, 1924. Liabilities. £ s. d. £ S. d. Assets. £ 9, d. £ s. d. £ s. d. Loan under Coal-mines Liverpool Colliery and DevelopAct, 1908 .. .. 150,000 0 0 nient Property AccountLoan under Coal-mines Balance at 31st March, Act, 1908, and Appro- 1923 .. .. .. 78,949 19 5 priation Act, 1912 .. 25,000 0 0 Additions during tbe year .. 13,243 16 11 New Zealand Consolidated Inscribed Stock 52,001 0 7 92,193 16 4 227,001 0 7 Depreciation.. .. 9,219 7 8 Debenture sinking fund .. 35,406 16 0 82,974 8 8 Accrued interest .. .. 3,880 I 9 Machinery, plant, ropes, anil Sundry creditors — rolling-stock — Liverpool Colliery .. 14,089 18 0 Balance at 31st March, James Colliery " .. 2,734 10 7 1923 .. .. 38,104 13 2 Wellington Depot .. 654 3 I Additions during the year 3,601 II I Christohuroh Depot .. 1,038 2 10 Wanganui Depot .. 501 7 2 41,706 4 3 19,018 8 2 Depreciation.. .. 4,176 12 5 Reserves — 37,589 II 10 General Reserve .. 75,853 2 2 Buildings at mine— Bad-debts Reserve .. 538 8 3 Balance at 31st March, 70,391 10 5 1923 .. .. 3,96] 2 11 Contracts Deposit Ac- Additions during the year 101 10 0 count ...... 890 0 0 Stocks, &c, written off 4,062 12 II Suspense Account .. .. 2,113 .13 10 Depreciation.. .. 406 5 4 General Profit and Loss 3,050 7 7 Account— Cottages at mine— Net profit for year .. .. 15,742 3 10 Balance at 31st March, 1923 .. .. 0,710 2 5 Additions .. .. 102 13 2 0,818 15 7 Depreciation .. .. 681 17 7 6,130 18 0 Coal (oargo afloat) .. 1,329 0 9 Coal (stock oil hand at mine and wharf) .. .. 2,754 14 10 Stores (stock on hand) .. 8,501 18 8 12,586 0 3 Stocks, &c., Suspense Account ... 466 6 11 Sundry debtors .. .. ..- 4,004 I o 147,473 14 3 James Colliery and Development Property Account— Cost at 31st March, 1923 .. 35,137 10 I Additions during the year .. 879 19 2 30,017 9 3 Depreciation .. .. 3,601 14 II 32,415 14 4 Machinery, plant, ropes, and rolling-stock— Cost at 31st Mnrch, 1923.. 10,973 7 11 Additions during the year 1,386 3 0 12,359 10 11 Depreciation.. .. 1,235 19 1 11,123 11 10 Buildings at mine— Cost at 31st March, 1923.. 477 3 7 Additions during the year 057 12 3 1,134 15 10 Depreciation .. .. 113 9 7 1,021 6 3 Preliminary Expenses Account ..' .. .. .. 1,103 8 0 Coal (stock on hand at mine and wharf) .. .. 1,079 4 7 Stocks Suspense Account .. 96 9 0 1,175 13 7 Sundry debtors .. .. .. 8 2 1.0 40,847 17 4 Carried forward .. .. 381,649 15 1 ! 194.321 11 7

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Balance-sheet — continued. Liabilities —continued. £ s. d. [ Assets —continued. £ s. d. £s. d. £ s. d, Brought forward .. .. 381,649 15 1 ' Brought forward .. .. .. .. 194,32111 7 MacDonald Colliery and Development Property Account — Cost at 31st March, 1923 .. 05,604 4 I. Additions during the year .. 2,550 5 7 08,214 9 8 Machinery, plant, and rol-ling-stock— Cost at 31st March, 1923.. 4,839 8 1 Less sales during the year 755 19 4 4,083 8 9 Buildings at mino— Cost at 31st March, 1924.. .. 479 17 3 Cottages at mine— Cost at 31st March, 1923.. 2,265 1 3 Less recoveries during the year .. .. 65 15 9 2,199 5 0 Plantation at mine— Cost at 31st March, 1923.. 54115 8 Expended during the year 5 15 0 547 10 8 75,524 11 10 Wellington Depot Property Account — Balance at 31st March, 1923 1,932 15 5 Additions during the year .. 1,211 .1 8 3,143 17 1 Depreciation .. .. 689 7 4 2,454 9 9 Stocks on hand .. .. 3,965 4 3 Stocks, &0., Suspense Account 410 6 II 4,375 11 2 Sundry debtors .. .. .. 13,233 3 0 20,063 4 5 Christchurch Depot Property Account— Balance at 31st March, 1923 3,077 I 6 Additions during the year .. 171 I 7 3,248 3 1 Depreciation .. .. 179 1 11 3,069 I 2 Stocks on hand .. .. 1,466 15 2 Stocks Suspense Account .. 822 2 6 2,288 17 8 Sundry debtors .. .. .. 6,488 2 0 — 1.1,846 1 4 Wanganui Depot Property Account— Balance at 31st March, 1923 1,120 JI 9 Additions during the year .. 425 11 3 1,546 3 0 Depreciation .. .. 146 17 8 1,399 5 4 Stocks on hand .. .. 1,210 4 0 Stocks, &c., Suspense Account 318 8 6 1,528 12 6 Sundry debtors .. .. .. 3,866 13 0 0,7114 LO 10 Sinking Jfund Investment Account .. .. .. 35,406 16 0 Investment Account (ordinary) .. .. .. 20,000 0 0 Interest on investments accrued .. . . .. 303 11 2 i Cash in hand and in Public Account at 31st March, 1924 17,389 7 5 £381,649 15 1 £381,649 15 1 State Coal-mines Office, Wellington, 16th June, 1924. „ . . ° G. Jas. Anderson, P. 0. Peaece, Accountant. Minister of Mines. 1 hereby certify that the attached Working and Profit and Loss Accounts of Depots and Collieries, General Profit and Loss Account, Statement of Receipts and Payments, and. Balance-sheet have been duly examined and. compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—G. F. C. Campbell, Controller and Auditor-General.

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Statement op General Profit and Loss Account for the Year ended 31st March, 1924. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Liverpool Colliery Trade Ex- By Liverpool Colliery Working penses Account .. .. 115,541 310 Account —Gross profit .. 127,566 II 9 Wellington Depot Trade Ex- Wellington Depot Trading Acpenses Account .. .. 9,901 0 4 count —Gross profit .. 13,007 13 2 Christchurch Depot Trade Ex- Cbristchurch Depot Trading penses Account .. .. 7,055 4 I Account —Gross profit .. 7,946 5 5 Wanganui Depot Trade Ex- Wanganui Depot Trading Acpenses Account .. .. 2,171 17 10 count —Gross profit .. 3,359 0 0 Wellington Depot—Bad debts 5 5 0 Seddonville Colliery—Recoveries 138 13 1 Deposit, &c, written off 6 4 4 Point Elizabeth Colliery—Ke134,680 15 11 coveries .. ' .. 1,351 4 4 Balance—Profit for year carried down .. 20,294 3 10 Liverpool Colliery—Rents .. 825 7 1 154,195 0 10 Interest on investments .. .. 779 18 11 £154,974 19 9 £154,974 19 9 Sinking Fund Account for redemption of loan £ s. d. £ s. d. capital .. .. .. .. 4,552 0 0 Balance—Profit for year 1923-24 .. 20,294 310 Balance Net profit for year .. .. 15,742 3 10 £20,294 3 10 £20,294 3 10 Statement of Liverpool Colliery Working Account for the Year ended 31st March, 1924. Dr. £ s. (I. £ s. d. Cr. £ s. d. £ s. d. To Slock on hand at 31st March, By Sales of coal .. ..204,283 I 3 1923 .. .. .. .. 3,872 4 8 Sales of stores and hire of plant 7,194 18 5 Coal-winning - 211,477 19 8 Wages .. .. .. 05,104 18 1 Stock of coal on hand at 31st Stores and materials used .. 8,178 7 3 March, 1924, at mine and Railway tickets .. .. 048 10 0 wharf .. .. .. 2,754 14 10 Special trains .. .. 2,502 5 o Cargo afloat .. .. 1,329 0 9 Stores and plant sales (at cost) 5,853 13 5 4,084 1 7 Coal purchased .. .. 691 I 6 Special rate .. . . 1,384 9 7 84,423 4 10 Balance —Gross pro lit .. .. 127,566 11 9 £215,562 1 3 £215,562 1 3 Statement of Liverpool Collikry Profit and Loss Account for the Year ended 31st March, 1924. Dr. £ s. d. £ s. d. Cr. £ s. d. To Management and office salaries 3,182 3 2 By Gross profit at mine .'. .. .. 127,560 11 9 Interest .. .. .. 4,770 11 8 Rents .. .. .. ..- .. 825 7 1 Travelling-expenses.. .. 138 7 5 Printing and stationery .. 216 13 1 Repairs and maintenance .. 4,564 3 6 Telegrams and postages .. 130 11 0 , Railway haulage .. .. 18,048 18 4 Insurances.. .. .. 374 13 5 Compensation for accidents .. 1,725 13 11 Sick and Accident Pund .. 200 13 I General expenses .. .. 289 4 3 Marine freights .. .. 63,174 14 1 Audit fees .. .. .. 75 5 4 Wharfage .. .. .. 4,153 8 7 1 )epreciation—Mine, buildings, plant, and machinery .. 1.4,484 3 0 115,541 3 10 Balance—Net profit.. .. .. 12,850 15 0 £128,391 18 10 £128,391 18 10 Statement of James Colliery Working Account for the Year ended 31st March, 1924. Dr. £ s. d. £ s. d. \ Cr. . £ s. d. To Stock on hand at 31st March, By Sales coal .. .. .. .. 30,604 16 4 1923 .. .. .. .. 55 0 1J Stock on hand at 31st March, 1924, at mine Coal-winning— and wharf .. .. .. .. 1,079 4 7 Wages .. .. .. 14,668 2 2 Stores and materials used .. 1,078 811 Subsidized bus-fares, &e. .. 73 2 0 Coal purchased .. .. 57 8 1 Special rate .. .. 225 16 6 Royalty.. .. .. 514 11 3 16,017 9 5 Balance —Gross profit .. .. 21,0114 7 £37,084 0 11 £37,684 0 11

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Statement of James Colliery Profit and Loss Account for the Year ended 31st March, 1924. Dr. £ s. d. Cr. £ s. d. To Management and office salaries .. .. 569 14 1 By Gross profit at mine .. .. .. 21,011 4 7 Rents .. .. .. .. .. 15 12 (i Balance—Net loss carried to Preliminary ExIntcrest.. .. .. .. .. 1,055 12 6 j penses Account .. .. .. 1,103 8 0 Travelling-expenses .. .. .. 18 18 10 | Printing and stationery .. .. .. 48 14 4 Repairs and maintenance .. .. .. 314 15 1 Telegrams and postages ... .. .. 26 14 3 Railway haulage .. .. .. .. 2,86616 Insurance .. .. .. .. 60 3 3 Compensation .. .. .. .. 179 3 6 Sick and Accident Fund .. .. .. 82 711 General expenses .. .. .. .. 67 6 1 Marine freights .. .. .. .. .1.0,620 13 2 Audit fees .. .. .. .. 10 8 0 Wharfage .. .. .. .. 677 9 6 Depreciation .. .. .. .. 4,951 3 7 £22,114 13 1 £22,114 13 1 Wellington Depot Trading Account for the Year ended 31st March, 1924. Dr. £ s. d. £ s. d. Cr. £ s, d. £ s. d. To Stocks on hand at 31st March, By Sales of coal .. .. 151,553 9 8 .1923 .. .. .. .. 2,720 0 7 Sales of firewood, coke, &c. .. 4,899 8 11 Purchases of coal .. .. 137,387 4 li 156,452 18 7 Purchases of firewood, coke, &c. 4,048 14 0 Stocks on hand at 31st March, 141,435 18 6 1924— Wharfage .. .. .. .. 1,593 10 9 Coal .. .. .. 2,686 3 8 Cartage to depot .. .. .. 1,424 7 5 Firewood, coke, &o, .. 1,042 8 2 Balance- -Gross profit .. .. 13,007 13 2 3,728 11 10 £160,181 10 5 £160,181 10 5 Wellington Depot Profit and Loss Account for the Year ended 31st March, 1924. Dr. £ s. il. £ s. il. Cr. £ s. d. To Wages .. .. .. 1,976 10 7 By Balance of Trading Account .. .. 13,007 13 2 Salaries .. .. .. 1,472 11 I Rents .. .. .. 856 0 0 Rates .. .. .. 291 17 8 Interest .. .. .. 103 2 3 Travelling expenses and allowances .. .. .. 46 8 10 Repairs and maintenance .. 243 10 10 Telegrams and postages .. 79 15 I. Printing and stationery .. 82 910 Insurances.. .. .. 19 0 Cartage .. .. .. 3,647 0 3 Sacks" .. .. .. 127 1 1 Freights, &c. .... 136 7 1 General expenses .. .. 132 0 1 Audit fees ~ .. ■ 15 3 4 Bad debt .. ... .. 5 5 6 Depreciation . . .. 089 7 4 9,900 5 10 Balance—Net profit.. .. .. 3,101 7 4 £13,007 13 2 £13,007 13 2 Christchurch Depot Trading Account for the Year ended 31st March, 1924. Dr. £ ,s. d. £ s. d. Cr. £ s. d. £ s. d. To Stocks on hand at 31st March, By Sales of coal .. .. 50,004 12 I 1923 .. .. .. ... 1,927 19 8 Sales of firewood, coke, &c. .. 1,319 7 0 Purchases of coal .. .. 38,133 4 4 51.923 19 7 Purchases of firewood, coke, &c. 1,197 11 10 Stocks on hand at 31st March, : 39,330 16 2 1924— Haulage, to depot .. .. .. 4,083 16 3 Coal .. .. .. 811 18 11 Gross profit .. .. .. 7,946 5 5 .Firewood, coke, &0. .. 552 19 0 1,304 17 11 £53,288 17 0 £53,288 17 0 Christchurch Depot Profit and Loss Account for the Year ended 31st March, 1924. Dr. £ s. d £ s. (I. Cr. £ s. d. To Wages .. .. .. 1,645 18 11 By Balance of Trading Account .. .. 7,946 5 5 Salaries .. .. .. 863 3 0 Rents .. .. . 130 17 4 Interest .. .. .. 110 10 0 Travelling-expenses.. .. 38 14 2 Repairs and maintenance .. 220 3 5 Telegrams and postages .. 30 15 1 Printing and stationery . . 62 4 3 Insurances.. .. .. 9 6 7 Cartage .. .. .. 1,625 12 7 Sacks .. .. .. 103 8 5 Freights .. .. •■ 1,836 9 7 General expenses .. .. 74 16 1 Audit fees .. .. 30 6 8 Compensation .. .. 87 10 1 Depreciation .. .. 179 I 11 7,055 4 I Net profit .. .. .. 891 I 4 £7,946 5 5 £7,946 5 5

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Wanganui Depot Trading Account for the Year ended 31st March, 1924. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Stocks on hand at 31st March, By Sales of coal .. .. 37,104 9 10 1923 .. .. .. .. 1,052 (i 3 Sales of firewood, coke, &c. .. 1,244 12 11 Purchases of coal .. .. 33,762 19 2 38,349 2 9 Purchases of firewood, coke, &c. 775 9 9 Stocks on hand at 31st March, 34,538 8 11 1924— Haulage to depot .. .. .. 565 1 5 Coal .. .. .. 997 4 6 Gross profit ' .. .. .. 3,359 6 0 Firewood, coke, &c. .. 168 15 4 1,165 19 10 £39,515 2 7 £39,515 2 7 Wanganui Depot Profit and Loss Account for the Year ended 31st March, 1924. Dr. £ s. d. £ s. d. ! Cr. £ s. d. To Wages .. .. .. 532 0 1 By Balance of Trading Account .. .. 3,359 0 0 Salaries .. .. .. 454 18 7 Rents .. .. .. 217 4 3 Interest .. .. .. 49 5 3 Travelling-expenses.. .. 15 4 1 Repairs and maintenance .. 38 1 9 Telegrams and postages .. 37 3 2 Printing and stationery .. 28 16 2 Insurance .. .. .. 5 111 Cartage .. .. .. 488 "15 0 Sacks .. .. .. 16 13 0 Freights, &c. .. .. 60 11 11 General expenses .. .. 62 2 6 Audit fees .. .. .. 18 13 4 Depreciation .. .. 146 17 8 . . 2,171 17 10 Net profit .. " .. .. 1,187 8 2 £3,359 6 0 £3,359 6 0 Statement of Eeceipts and Payments for the Year ended 31st March, 1924. Receipts. Expenditure. £ s. d. £ s. d. By James Colliery- £ s. d. £ s. d. To Cash in hand and in Property and development.. .. 2,490 14 3 Public Account at Machinery, plant, and rolling-stock .. 346 19 9 31stMarch, 1923 .. .. 19,580 0 9 Buildings • .. .. .. 402 0 2 Proceeds of sale of coal 280,594 17 6 Cottages.. .. .. .. 0 10 0 Recoveries,refunds.&c. 20,543 17 5 Wages .. .. .. .. 10,275 19 0 301,138 14 11. Special rate .. .. .. 221 14 0 Contracts-Deposits 1,040 0 0 Coal purchased .. .. .. 20 17 8 „ Refunds 70 0 0 Subsidized bus-fares .. . . 04 8 (i 1,110 0 0 19,823 3 10 Investments—Realized 5,000 0 0 Liverpool Colliery— „ Interest 007 17 11 Property and development.. .. 10,352 17 3 5,607 17 11 Machinery, plant, and rolling-stock .. 159 II 3 Buildings' .. .. .. 35 19 1 Cottages. . .. .. .. 33 6 4 Stores and materials .. .. 23,207 15 10 Wages .. .. .. .. 66,955 12 4 Special rate .. .. .. 1,400 10 3 Railwav tickets .. .. .. 1,811 3 9 Special* trains .. .. .. 2,455 0 0 Coal purchased .. .. .. 546 11 11 106,964 8 0 MacDonald Colliery— Property and development.. .. 115 14 11 Machinery, plant, and rolling-stock . . 5 7 0 Cottages' .. .. .. 1 17 3 Plantation .. .. .. 5 15 0 128 14 2 Seddonville Colliery Account . . .. .. 55 15 9 Wellington Depot Account .. .. 24,563 8 11 Christchurch Depot Account .. .. 12,287 17 5 Wanganui Depot Account .. .. 6,280 11 (i Coal purchased on account of depots (Suspense Account) .. .. 283 11 7 43,415 9 5 Management and office salaries .. 3,753 5 3 Interest .. .. .. .. 9,251 19 2 Travelling- expenses .. .. .. 158 13 0 Printing and stationery .. .. 209 4 S Repairs and maintenance .. .. 3,211 311 Wharfage .. .. .. .. 4,884 12 9 Railway haulage .. .. .. 20,321 8 (I Marine freights .. .. .. 69,790 12 10 Postages and telegrams .. .. 162 2 9 Insurances .. .. .. 434 16 8 Rents .. .. .. .. 176 11 3 Compensation .. .. .. 2,234 3 7 Sick and Accident Fund .. .. 219 10 2 General expenses .. .. .. 607 11 0 Investments—General .. .. 15,000 0 0 „ Sinking fund .. .. 9,104 0 0 Contracts—Deposits .. .. 50 0 0 „ Refunds .. .. 30 0 0 139,059 15 0 Cash in hand and in Public Account at 31st March, 1924 .. .. .. .. 17,389 7 5 £327,436 13 7 £327,436 13 7

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NEW ZEALAND STATE COAL-MINES— continued. Table showing the Position of the State Coal-mines Account from Inception to 31st March, 1924.

Approximate Ooit of Paper. —Preparation, not given ; printing (525 copies), £12 10s.

By Authority : W. A. G. Skinner, Government Printer, Wellington.—l924,

Pi-t'ce 6d. ]

.. , ... . , Total Capital Name Ol Works. Expenditure. Total Amount of Depreciation written off. Fixed Assets as per Balanoe-aheet, 1924. Net Profits. I Net Losses | Liabilities as per Balance-sheet, 1924. L_ £ s. d. Point Elizabeth Colliery .. 98,210 9 0 Less loss by fire and sales .. 2,291 6 11 £ s. d. £ s. d. £ S. d. £ s. d. £ s. d. 95,919 2 1 95,919 2 1 141,400 19 8 Liverpool Colliery .. .. 253,247 0 4 122,889 14 3 120,357 0 1 53,635 15 4 * 14,089 18 6 Seddonville Colliery .. 38,243 2 5 Less sales .. .. 548 17 0 37,094 5 5 37,694 5 5 38,134 13 11 Briquette-works property .. 16,135 2 0 Less sales of plant .. 2.000 5 0 14,068 17 6 22,660 18 10 14 r 068 17 0 Charming Creole prospecting .. 5,956 18 6 5,950 18 0 5,954 11 8 James Colliery .. .. 49,511 10 O 4,951 3 7 44,560 12 5 2,734 16 7 MacDonald Colliery .. 75,524 1110 75,524 11 10 Wellington Depot property .. 7,590 II 11 Less sales .. ■. 250 10 0 4,885 9 2 2,454 9 9 654 3 1 7,339 18 11 I 5,693 18 3 Christchurch Depot property.. 8,733 5 0 Less loss on horses and sales 150 18 8 5,507 5 8 3,009 1 2 2,089 18 4 1,638 2 10 8,570 0 10 Wanganui Depot property .. 3,447 17 9 Less loss on horses and i.iles 126 14 0 1,921 18 5 1,399 5 4 671 8 10 501 7 2 3,321 3 9 Dunedin Depot property .. 2,023 3 7 Less sales of plant .. 641 10 0 1,381 13 7 4,248 3 5 1,381 13 7 Hulks property .. .. 4,033 15 5 Less sales .. .. 1,948 17 0 9 n«4 IX fi 4,033 15 5 1,948 17 0 2,084 18 5 1,780 12 11 2,084 18 5 Office furniture .. .. 189 13 9 Less sales .. .. 17 5 0 179. s (l 2,084 18 5 189 13 9 17 5 0 172 8 9 172 8 9 172 8 9 17Z 8 '.I Grand total .. 562,847 11 (i Less losses and sales 8,048 9 7 5fid 709 I 11 562,847 11 (i 8,048 9 7 554,799 1 11 297,433 15 4 257,365 0 7 054, 79y I II Interest on investments Discounts Cash lost (highway robbery) Deposit, &o., written off 3,744 7 3 13 2 9 89 0 1 6 4 4 Totals, profits and losses Balance, profits over losses Stocks on hand and suspense.. Investment Account (ordinary) Interest on investments accrued Sinking Fund Investments Account Preliminary expenses Sundry debtors Cash on hand Debentures and Loan Account Bad-debts Reserve Accrued interest payable Sinking Fund Account General Reserve General Profit and Loss Account Contracts Deposit Account Stocks Suspense Account 202,670 16 3 77.631 8 1 126,039 8 2 22,421 2 1 20,000 0 0 303 11 2 35,400 10 6 1,103 8 0 27,600 2 10 17,389 7 5 227,601 0 7 538 8 3 3,880 1 9 35,400 16 6 75,853 2 2 15,742 3 10 890 0 0 2,113 13 10 381,019 15 1 202,670 16 3 202,070 16 3 381,649 15 1