EAST COAST NATIVE TRUST LANDS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE YEAR ENDING 31st MARCH, 1926.

Appendix to the Journals of the House of Representatives, 1927 Session I, G-03

a.—3

1927. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE YEAR ENDING 31st MARCH, 1926.

Presented to both Houses of the General Assembly in pursuance of Section 13 of the East Coast Native Trust Lands Act, 1902.

EAST COAST NATIVE TRUST LANDS. Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. £ s. d. £ a. d. £ s. d. Mortgages secured on Freehold lands .. .. .. 366,521 19 10 freehold .. .. 54,200 0 0 Unpaid purchase - money Interest accrued on same 828 510 on sale of freeholds .. 30,772 8 0 55,028 510 Interest accrued on same 2,477 12 11 Bank of Australasia .. 22,504 11 9 33,250 011 Interest accrued .. 252 10 4 Rents due and accrued .. .. 3,220 3 9 22,757 2 1 Interest accrued on value Accrued rates and taxes .. .. 2,461 18 11 of fencing Marataha No. Sundry creditors— 2, Sees. 3 and 6 .. .. 116 2 Williams and Kettle(Ltd.) 547 18 8 Produce unrealized—rnutOn open account .. 655 11 10 ton and lamb.. .. .. 3,868 16 2 1,203 10 6 Live-stock on farms .. .. 31,196 14 3 Amounts due to Natives Posts, &c., on hand .. .. 239 0 0 on account rents, farm Advances to Natives on profits, &c. .. .. 589 11 9 account rents, farm proAmounts at credit of fits. &c. .. .. 4,909 8 8 blocks —Rentals, pur- Sundry debtors, on open chase-money, &e. .. 8,576 8 5 account .. .. 1,462 4 0 9,166 0 2 6,371 12 8 Surplus .. .. .. 357,426 910 Advances to blocks on account rents, &c. .. .. 677 I 7 Investments— Wairoa Farmers' Cooperative (Limited) —1,500 shares of £1 each (15s. called up).. 1,125 0 0 Gisborne Sheepfarmers' Frozen Meat and Mercantile Co., Ltd.—soo ordinary shares of £1 each (fully paid), £500 ; 958 shares of £1 each (15s. called up), £718 10s. .. .. 1.218 10 0 2,343 10 0 Office furniture and fixures .. 88 2 0 Travelling plant .. .. 255 0 0 £448,043 7 4 £448,043 7 4 Auditor's Certificate. I have audited the accounts of the East Coast Native Trust Lands for the year ended 31st March, 1926, and my report on the audit of the accounts is contained in my letter of even date to the Hon. the Minister of Native Affairs. Wellington, N.Z., 15th September, 1926. Arthur T. Clarke, Auditor,

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Statement showing the Position op the Different Blocks at 31st March, 1926. Amount at Debit of the Undermentioned Blocks on Current | Amount at Credit of the Undermentioned Blocks on Current Account. j Account. Principal-security blocks— £ s. d. £ s. d. £ s. d. General Account .. 53,573 18 10 j Mangapoike A .. .. .. 3,309 18 8 Te Kuri .. .. 119 2 7 j Mangapoike 2a 3 .. .. .. 887 19 4 Live-stock Account, Pako- ] Mangapoike B .. .. . . 287 3 2 whai .. .. 60 10 0 j Mangapoike 2b .. .. . . 934 7 6 | Maraetaha 2, Sec. 4 .. .. .. 12,624 11 7 53,753 11 5 j Paremata 64, No. 1 .. .. .. 17,081 2 0 Less amount at credit ! Paremata 64, So. 2 .. .. 1,243 4 7 of Pakowhai Farm Ac- Taliora 2c 2, Sec. 2 .. .. 1,624 10 5 count .. .. 3,226 4 6 Tahora 2o 3, Sec. 2 .. .. .. 55,307 14 6 50,527 6 11 Whangawehi 1b and 1c .. .. 398 17 1 Mangapoike 2b— Whaitiri No. 2 .. .. .. 533 2 0 General Account .. 8,585 0 11 Live-stock Account .. 4,787 0 0 Amount at Credit of the Undermentioned Blocks for Value of their Freehold. 13,372 0 11 Mangatu Nos. 5 and 6 j Less amount at credit of Mangaokura No. 1 j £ s d Farm Account. .. 8,345 5 1 Pakowhai ' ! Q __ 5,026 15 10 Tangotete Nos. 1 and 2 f ' '' Mangapoike 2d .. .. 647 411 Te Kuri Maraetaha No. 2, Sees. 3 Whataupoko G, Sec. 22 J and 6— Mangaheia 2d .. .. 44,120 19 10 General Account .: 1,969 18 5 Mangapoike A .. .. 39,798 0 0 Live-stock Account .. 4,129 18 0 Mangapoike 2a 3 .. 21,995 0 0 Farm Account .. 6,470 15 11 Mangapoike B .. .. 1,018 0 0 New Burn Account .. 2,173 4 6 Mangapoike 2b .. .. 11,294 0 0 — 14,743 16 10 Mangapoike 2d .. .. 10,779 0 0 Maungawaru No. 2 . . .. 16,891 2 0 Mangapoike 2e .. .. 4,470 0 0 Maungawaru No. 3 .. .. 5,617 18 3 Maungawaru No. 2 .. 5,500 0 0 Paremata No. 3 — Maungawaru No. 3 .. 7,000 0 0 General Account .. 19,277 1 1 Maraetaha No. 2, Sees. 3 Live-stock Account .. 1,461 14 0 and 6 .. .. 29,842 0 0 Paremata, See. 48 .. 390 0 0 20,738 15 1 Paremata, Sec. 64 . . 9,550 0 0 Less amount at credit of Paremata, Sec. 73 and 73a 1,012 0 0 Farm Account .. 15,772 8 0 Paremata, Sec. 3.. .. 20,867 0 0 4,966 7 1 Paremata, Sec. 4.. .. 4,348 0 0 Paremata Nos. 73 and 73a .. 306 5 5 Tahora 2c 1, Sec. 3 . . 41,157 0 0 Tahora 2c 1, Sec. 3 — Tahora 2c 2, Sec. 2 . 3,800 0 0 Live-stock Accounts .. 5,947 4 0 Tahora 2c 3, Sec. 2 .. 4,050 0 0 Farm Accounts .. 4,738 7 2 Tahora 2f, Sec. 2 .. 30,764 0 0 Tahora 2a, Sec. 2 . . 1,346 0 0 10,685 11 2 Tawapata.South No. 1 .. 12,000 0 0 Less amount at credit of Whaitiri No. 2 .. .. 1,565 0 0 General Account .. 6,970 3 6 Maraetaha No. Id (Te K0pua)24,899 0 0 3,715 7 8 366,521 19 10 Tahora 2f 2— Live-stock on farms, as per contra .. 31,196 14 3 General Account .. 2,835 18 8 Live-stock Account .. 4,632 18 0 Farm Account .. 1,675 3 11 9,144 0 7 Tahora 26 2 .. .. .. 510 11 11 Maraetaha No. Id (Te Kopua)— General Farm Account 9,958 1 1 Live-stock Account .. 4,899 19 0 14,858 0 1 Mangaheia 2d — Live-stock Account .. 1,271 5 0 Farm Account .. 25 0 0 Current Account .. 2,733 9 0 4,029 14 0 Paremata No. 48 .. .. 0 12 6 Tawapata South No. 1— Farm Account .. 59 4 4 Live-stock Account .. 4,006 6 3 4,065 10 7 Less amount at credit of General Account .. 525 19 6 3,539 11 1 Surplus, as per balance sheet .. 357 ,426 9 10 £491,951 4 11 £491,951 4 11 Statement of Accounts for the Year ended 31st March, 1926. Principal Security Account. £ g _ d Area o{ principal . seourity blocks Balance at debit, 31st March, 1925 .. 50,805 2 2 Acres. Mangatu Nos. 5 and 6 .. 21,452 Payments. Mangaokura No. 1 .. .. 2,027 Rates— £ s. d. Whataupoko G, Sec. 22 .. 10 Mangaokura No. 1 .. 25 6 8 Pakowhai .. .. 374 Mangatu Nos. 5 and 6 .. 203 5 0 Tangotete No. 1 .. 5 Interest .. .. 2,540 5 0 Tangotete No. 2 .. .. 75 2,768 16 8 TeKuri .. .. .. 216 Balance at debit, 31st March, 1926 .. £53,573 18 10 24,159

s

a.—s

Statement of Accounts for the Year ended 31st March, 1926 —continued. Pakowhai Station. Payments. £ s. d. £ s. d. £ s. d. Rents to beneficiaries .. 1,485 10 6 Balance at credit, 31st March, 1925 .. 1,273 9 4 Drainage report and plans .. 29 5 0 Valuation expenses .. 205 17 6 Credits. Advertising .. .. 10 10 0 Surplus on 1 bale wool un- Compensation for improverealized, 31st March, ments, J. S. Paterson's lease 4,262 19 10 1925 — £ s. d. Donation, Tikitiki Church Realized .. .. 15 5 0 Fund .. .. .. 100 0 0 Valued at .. .. 10 0 0 Legal expenses . . .. 28 12 7 Land-tax .. . . . . 239 15 1 5 5 0 Management and ofhce exWool sold .. . . 2 12 penses .. .. .. 47 17 10 Advances against wool .. 127 0 5 6,410 8 4 134 6 7 Sheep sold .. .. .. .. 2,069 16 1 Balance at debit, 31st March, 1926 ..£2,733 9 0 Cattle sold .. . . .. .. 965 13 7 ===== Horses sold .. . . .. .. 15 15 0 Area of block, 5,965 acres 3 roods 16 perches. Skins and hides . . .. .. 4 15 10 Value, £44,120 19s. lOd. Meat .. . . .. . . 2 2 9 Interest .. .. .. .. 105 9 1 4,571 8 3 Mangaheia 2d (Farm Account). Debits. Payments. Sheep bought .. .. 770 17 0 £ s. d. Cattle bought .. .. 331 0 0 Sheep bought .. .. .. 1,271 5 0 Plant .. .. .. 6 9 6 Management and office expenses .. 25 0 0 Wages, permanent .... 78 0 0 Casual labour .. .. 99 6 3 Balance at debit, 31st March, 1926 ..£1,296 5 0 Repairs and maintenance .. 35 211 = —— - Insurance .. .. 3 7 6 Live-stock on farm at 31st March, 1926: — Rates ...... 38 8 4 £ s. d. Cartage .. .. ..5 5 0 1,305 sheep .. .. 1,27150 Management and office expenses .. .. .. 22 6 8 Deficiency on 11 bales wool unrealized, 31st March, Mangapoike A. 1925— £ s. d. £ s. d. Advance .. 200 18 1 Balance at credit, 31st March, 1925 .. 8 6 3 Realized .. 185 7 6 15 10 7 Receipts. 1,405 13 9 £ s. d. Rents .. .. .. 5,937 11 11 Balance at credit, 31st March, 1926 .. £3,165 14 6 Interest .. .. .. 85 11 9 ====== 6,023 3 8 Live-stock on station, 31st March, 1926 :— 6,031 9 11 £ s. d. Payments. 37 sheep .. .. 18 10 0 Rents to beneficiaries .. 2,314 18 0 15 cattle .. 42 0 0 Land-tax .. .. .. 180 14 7 Travelling-expenses .. 17 15 2 £60 10 0 Legal expenses .. .. 6 15 Maori Soldiers' Fund .. 38 17 10 Management and office expenses .. .. .. 163 4 3 2,721 11 3 Te Kuri. Balance at credit, 31st March, 1926 ..£3,309 18 8 £ s. d. Balance at debit, 31st March, 1925 .. 85 9 6 Area of block, 16,420 acres. Value, £39,798. Payments. £ s. d. County rates .. .. .. 7 8 7 Travelling-expenses .. .. 1 17 6 Mangapoike 2a 3. Interest ...... 4 7 0 £ s. d. Management and office expenses .. 20 0 0 Balance at credit, 31st March, 1925 .. 3,164 18 0 33 13 i Receipts. Balance at debit, 31st March, 1926 . .£ll9 2 7 £ s. d. — Rents .. .. .. 862 4 0 Area of block, 216 acres. Interest .. .. 118 7 8 980 11 8 4,145 9 8 Payments. Mangaheia 2d. Rents to beneficiaries .. 3,120 0 0 £ s. d. Land-tax .. .. .. 93 13 0 Balance at credit, 31st March, 1925 .. 1,789 011 Rates .. .. .. 8 211 Legal expenses and Court fees 6 11 6 Receipts. Management and office expenses 29 211 £ s. d. " 3,257 10 4 Rents .. .. .. 1,851 5 9 Interest .. .. .. 36 12 8 Balance at credit, 31st March, 1926 .. £887 19 4 1,887 18 5 Area of block, 9,438 acres 3 roods 22 perches. 3,676 19 4 Value, £21,995.

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Statement of Accounts for the Year ended 31st March, 1926—continued. Manqapoike B. Mangapoike 2d. £ s. d. Balance at credit, 31st March, 1925 .. 260 1 2 £ s. d. Balance at debit, 31st March, 1925 .. 1,084 10 9 Receipts. £ s. d. j Payments. Rents .. .. 15 0 0 | £ s. d. Interest .. .. 13 10 0 Land-tax . . . . 15 114 28 10 0 j Interest .. . . . . 52 14 0 Management and office ex--288 11 2 I penses .. .. 1 18 6 70 3 10 Payments. \ * Land-tax ......106 ], 154 14 7 Management and office expenses 0 7 6 1 § 0 Receipts. Balance at credit, 31st March, 1926 .. £287 3 2 -= Rents .. .. .. .. 507 9 8 Area of block, 383 acres 38 perches. Value, £1,018 Balance at debit, 31st March, 1926 .. £647 4 11 | Area of block, 5,419 acres. Value, £10,779. Mangapoike 2b. £ s. d. Balance at debit, 31st March, 1925 .. 6,599 10 10 Payments. £ s. d. Farm profits to beneficiaries .. 1,600 0 0 Interest .. .. .. 376 15 10 Management and office expenses 8 14 3 Mangapoike 2e. 1,985 10 1 £ s. d. Balance at debit, 31st March, 1926 .. £8,585 011 Balance at credit, 31st March, 1925 .. 229 0 7 — — Receipts. Area of block, 3,024 acres. Value, £11,294. £ s. d. Rents .. .. .. 715 4 0 Interest .. .. .. 27 13 3 742 17 3 Mahurangi Station (Mangapoike 2b). g,yi 17 10 £ s. d. Balance at credit, 31st March, 1925 .. 4,652 17 0 Payments. Credits. Surplus on wool unrealized, Land-tax . . . . 15 10 10 31st March, 1925— £ s. d. Native Land Court fees . . 4 2 0 Realized .. .. 213 10 2 Management and office exValued at .. .. 176 14 8 penses .. .. 17 17 6 37 10 4 36 15 6 Wool sold .. .. 495 4 7 Balance at credit, 31st March, 1926 .. £934 7 6 Advances against wool .. 318 3 3 Sheep sold .. .. 1,121 5 3 Area of block, 2,980 acres. Value, £4,470. Cattle sold .. .. 116 3 9 Skins and hides sold .. 20 6 7 Interest .. .. .. 190 17 8 2,298 16 7 a , Debits. 6,951 13 7 Maraetaha No. 2, Secs. 3 and 6. Scrub-cutting .. .. 467 3 9 Grass-seed and sowing .. 410 15 3 Balance at debit, 31st March, 1925 .. 2,317 11 2 Fencing .. .. .. 167 4 7 Sheep bought 661 2 0 Land-tax .. .. 817 6 Wages, permanent hands . . 200 0 0 Interest 108 18 I Casual labour .. .. 728 19 0 Expenses Account transferred Repairs and maintenance .. 136 2 7 (entry of 31st March, 1915 Fire and accident insurance 23 12 6 now adjusted) .. .. 342 9 4 ?; ates • • • • •' i Management and office exStores 230 17 8 B ses .. .. 680 Cartage .. .. .. 34 15 6 F 466 12 n Management and office expenses .. .. 134 3 7 2 4 j 3,393 8 6 Receipts. Balance at credit, 31st March, 1926 .. £3,558 5 1 Interest ' 24 0 0 1 = Purchase-money transferred Live-stock on station, 31st March, 1926 : — (entries of 31st March, 1913 £ s. d. and 31st March, 1914 now 3,271 sheep .. .. 2,267 0 0 adjusted) .. .. 601 10 0 684 cattle .. .. 2,480 0 0 ' 814 5 8 2 horses .. .. 40 0 0 Balance at debit, 31st March, 1926 .. £1,969 18 5 £4,787 0 0 ■ Area of block, 4,658 acres. Value, £29,842.

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Statement op Accounts for the Year ended 31st March, 1926 —continued. Patemaru Station. Maungawaru No. 2. £ s. d. £ s. d. Balance at debit, 31st March, 1925 .. 10,306 13 3 Balance at debit, 31st March, 1925 .. 15,955 16 0 Debits. Payments. Seed and sowing same .. .. 396 14 3 £ s. d. £ s. d. Rates .. .. .. 137 10 0 Sheep bought .. .. 818 18 6 Interest .. .. .. 797 16 0 Cattle bought .. . . 888 18 4 935 6 0 Wages, permanent . . 397 0 10 Casual labour .. .. 174 15 11 Balance at debit, 31st March, 1926 .. £16,891 2 0 Repairs and maintenance .. 182 7 2 —^— Insurance .. .. 36 4 4 Area of block, 14,802 acres. Value, £5,500. Stores .. .. 116 17 3 Rates and taxes .. . . 195 6 3 Railage and cartage .. 55 8 8 Interest .. 552 17 0 Management and office expenses .. .. 120 12 0 Linen allowance .. .. 15 0 0 3 ' ® 4 Maungawaru No. 3. n 14,258 13 10 Balance at debit, 31st March, 1925 .. 5,183 15 3 Credits. ® e , aliz H ed t •• •• 1Q ft Rates 175 0 0 Valued at • • • ■ 477 19 0 Interest 259 3 0 137 5 4 434 3 0 Wool sold .. .. 633 13 1 Balance at debit, 31st March, 1926 .. £5,617 18 3 Advances against wool . . 409 7 b Sheep sold .. . . 1,122 17 3 Cattle sold .. ..1,118 I 0 Area of block, 18,720 acres. Value, £7,000. Skins and hides .. .. 29 3 5 Meat .. . . . . 2 14 0 New fencing (share boundaryfence) .. .. 155 2 4 Strainers, posts, &c. . . 49 16' 0 3,657 19 11 Paremata Station. Balance at debit, 31st March, 1926 £10,600 13 11 £ s. d. Live-stock on station, 31st March, 1926 :— Balance at credit, 31st March, 1925 .. 13,596 17 9 £ s. d. 3,544 sheep .. .. 2,407 18 0 Credits. 464 cattle .. .. 1,662 0 0 £ s. d. 9 horses . . .. 60 0 0 Wool sold .. .. 12 I 10 Advances against wool .. 376 2 8 £4.129 18 0 Sheep sold .. .. 739 2 2 Cattle .. .. .. 2,478 14 11 Interest .. .. .. 669 4 1 Advances against 175 carcases of lamb .. .. 50 6 10 Produce unrealized (lamb) .. 37 3 2 Maraetaha No. 2, Part Seos. 3 and 6 (New Burn). 4,362 lo 8 „ , 17,959 13 5 s ' Debit? Balance at debit, 31st March, 1925 .. 2,338 2 0 Sheep bought 131 14 0 Cattle bought .. .. 1 991 2 6 Payments Plant (ditcher) .. .. 29 5 0 T . .. „f' ' Wages, permanent .. 208 0 0 Interest. .. 116 18 0 Casual labour .. .. 348 13 0 Management and office ex- Repairs and maintenance .. 230 17 10 P enses •• •• 74 6 .... , Insurance .. .. 13 111 3 Rates and taxes . . .. 449 16 3 2 462 4~6 Carta g e •• •• •• 10 5 0 „ . , ' Management and office exR . ReCeVptS ■ 9SQ n n penses .. .. 39 5 2 Rent ' • '" '' ' • 28J 0 0 Rent of cottage .. .. 164 0 0 Balance at debit, 31st March, 1926 £2,173 4 6 IJeficiencyon^wool 31st March, 1926— £ s. d. Advance .. 376 15 2 Realized . . 343 16 5 32 18 9 Maraetaha No. 2, Sec. 4. 0 „. D _ „ , 3,048 19 5 £ s. d. Balance at credit, 31st March, 1925 .. 12,011 19 2 t, , , .Jr . , noc tl , „„ ,7 ~ ' Balance at credit, 31st March, 1926 .. £14,310 14 0 Receipts. £ s. d. Live-stock on farm, 31st March, 1926 Advances refunded 12 0 0 £ s. d. Interest .. .. .. 600 12 5 1,197 sheep .. .. 845 14 0 612 12 5 105 cattle .. .. 516 0 0 5 horses .. . . 100 0 0 Balance at credit, 31st March, 1926 .. £12,624 II 7 £1,461 14 0 [Block sold.]

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Statement of Accounts fob the Year ended 31st March, 1926 —continued. Paremata No. 3. Paremata Nos. 73 and 73a. £ s. d. £ s. d. Balance at debit, 31st March, 1925 .. 264 810 Balance at debit, 31st March, 1925 .. 17,403 10 5 Payments. £ s. d. Payments. Bates _. .. .. 38 12 7 £ S- "• Interest .. .. .. 13 4 0 Farm profits to beneficiaries 918 0 0 51 ]f; 7 Rates (on account Paremata No. 4) .. . - 85 12 10 316 5 5 Valuation fee .. .. 10 10 0 Receipts. Office expenses .. .. 0 3 4 Rent _ _ _ _ _ ~ 10 0 0 Interest .. .. .. 904 4 6 — 1,918 10 8 Balance at debit, 31st March, 1926 .. £306 5 5 19,322 1 1 Area of blocks, 115 acres. Value, £1,012. Receipts. Rent .. .. • • • • 45 0 0 Balance at debit, 31st March, 1926 ..£19,277 1 1 Tahora 2c 1, Sec. 3. Balance at credit, 31st March, 1925 .. 6,320 9 4 Area of block, 1,224 acres. Value, £25,215. Receipts. £ s. d. Rents .. .. .. 602 6 4 Interest .. .. .. 325 8 4 Paremata No. 48. 927 14 8 £ s. d. Balance at credit, 31st March, 1925 .. 20 7 10 /,248 4 0 Payments. Receipts. Land-tax .. .. 139 0 0 £ s. d. Valuation fees .. .. 120 7 6 Rent .. .. • • 19 12 6 Management and oflico exInterest .. .. .■ 0 14 5 penses .. .. 18 13 0 20 6 11 278 0 6 40 14 9 Balance at credit, 31st March, 1926 .. £6,970 3 6 Pay merits. Valuation fees .. • • 817 0 Area of block, 22,065 acrcs. \alue, £41,107. Rents to beneficiaries .. 32 0 0 Office expenses .. .. 0 9 9 " 4:1 7 3 W aim ah a Station. Balance at debit, 31st March, 1926 .. £0 12 6 Balance at debit, 31st March, 1925 ..11,310 12 2 Area of block, 12 acres 3 roods. Value, £390. Debits. £ s. d. Sheep bought .. • • 107 13 9 Cattle bought .. .. 351 10 0 Horses bought .. .. 25 0 0 Paeemata No. 04 (No. 1 Account). ■■ «• » { p „ j Repairs and maintenance .. 249 18 0 % a. a. x 20 ii 5 Balance at credit, 31st March, 1925 .. 16,267 14 0 stores nCC !. •• 82 510 „ . , Rates and taxes .. .. 119 7 2 Receipts. Q 189 15 6 Interest • • 813 8 U Interest 721 711 Balance at credit, 31st March, 1926 ..£17,081 2 0 M *™ nt and eX ." 103 2 7 Furniture . . • • • • 71 15 9 2,561 6 7 13,871 18 9 y edits Paremata No. 64 (No. 2 Account). gurplus Qn woql unrealized / n i 31st March, 1925 — , 01 , lu „e 7 UQ J Realized •• •• 173 0 0 Balance at credit, 31st March, 1925 .. /OS 6 S y a l ue d at . • • • 140 0 0 Receipts. 33 0 q qoo ,0 Wool sold .. •• 41 18 8 l^ en^s ■ • ■' '' ' Advance against wool • • 728 17 8 Interest 24 6 3 ass 4 3 Sheep sold 1,529 10 8 Cattle sold .. • • • • 587 4 3 1,776 711 Skins and hides .. 24 1 3 MeatSOld 2,945 0 6 Payments. Rents to beneficiaries .. 396 13 4 Balance at debit, 31st March, 1926 ..£10,926 18 3 Donation to Tikitiki Church ■ Fund .. .. •• 100 0 0 Live-stock on station, 31st March, 1926:— Legal expenses .. •• iL i 0 £ s. d. Management and office ex- 3,691 sheep .. .. 2,517 12 0 penS6S •• •' HLZ-1 533 3 4 232 cattle .. .. 1,135 10 0 11 horses .. • • 70 0 0 Balance at credit, 31st March, 1926 . • £1, 243 4 7 £3,723 2 0 Area of block, 2,380 acres. Value, £9,550.

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Statement op Accounts for the Year ended 31st March, 1926—continued. Huia Station (Tahora 2c 1, Sec. 3). Credits. £ s. d. £ s. d. £ s. d. Balance at debit, 31st March, 1925 .. 200 11 7 Wool sold .. .. 40 16 7 Advances against wool .. 389 0 7 Debits. Sheep sold .. .. 881 11 10 £ s. d. Skins and hides .. .. 6 7 2 Cattle bought .. .. 42 0 0 1,317 16 2 Wages, permanent hands .. 341 0 0 Casual labour .. .. 83 7 2 Balance at credit, 31st March, 1926 .. £241 7 1 Repairs and maintenance .. 72 15 0 ' - " '" Fire and accident insurance .. 18 11 9 Stores .. .. .. 46 12 6 Rates .. .. .. 73 11 4 Cartage .. .. .. 97 14 0 Interest .. .. .. 29 10 6 Management and office expenses .. .. .. 69 8 0 Deficiency on 7 bales of wool Live-stock on farm, 31st March, 1926 : — unrealized, 31st March, 1925— £ s. d. £ s. d. Valued at .. 70 0 0 2,004 sheep .. .. 1,367 2 0 Realized .. 68 12 9 274 cattle .. .. 842 0 0 1 7 3 3 horses .. .. 15 0 0 875 17 6 £2,224 2 0 1,076 9 1 .

Tahora 2c 1, Sec. 3. —Recapitulation of the Whole of the Accounts of the Block at 31st March, 1926.

Tahoka 2c 2, Sec. 2. Tahoba 2o 3, Sec. 2. £ s. d. £ s. d. Balance at credit, 31st March, 1925 .. 1,482 12 6 Balance at credit, 31st March, 1925 .. 52,793 16 11 Receipts. Receipts. £ s. d. £ s. d. Bents .. .. . . 116 6 8 Rents .. .. .. 266 2 6 Interest .. .. .. 2,636 18 1 Interest .. .. .. 77 1 7 2,753 4 9 343 4 1 55,547 1 8 1,825 16 7 Payments. Payments. Advertising .. .. 2 0 4 Advertising .. .. 3 0 5 Land-tax .. .. .. 43 12 7 Maori Soldiers' Fund (donaValuation expenses .. 71 12 6 tion) .. .. .. 194 9 0 Maori Soldiers' Fund (donation) 77 15 6 Management and office exManagement and office ex- penses .. .. 41 17 9 penses .. .. .. 6 5 3 201 6 2 239 7 2 Balance at credit, 31st March, 1926 .. £1,624 10 5 Balance at credit, 31st March, 1926 .. £55,307 14 6 Area of block, 3,775 acres; Value, £3,800. Area of block, 1,470 acres. Value, £4,050.

Balance, Blst March, 1925. Transactions. Balance, 31st March, 1926. Account. Debit. Credit. Debit. Debit. Debit. Credit. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Huia Farm .. .. 200 11 7 .. 874 10 3 1,316 8 11 .. 241 7 1 WaimahaFarm .. 11,310 12 2 .. 2,561 6 7 2,945 0 6 10,926 18 3 Farm totals .. 11,511 3 9 .. 3,435 16 10 4,261 9 5 10,926 18 3 241 7 1 Current Account .. .. 6,320 9 4 278 0 6 927 14 8 .. 6,970 3 6 Totals .. .. 11,511 3 9 6,320 9 4 3,713 17 4 5,189 4 1 10,926 18 3 7,211 10 7 m mje? IHfilll. -*- A Area of block, 22,065 acres. Value, £41,157. V.

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Statement of Accounts for the Year ended 31st March, 1926—continued. Tahora 2f 2, Section. 2. Tawapata South No. 1. £ s. d. £ s. d. Balance at debit, 31st March, 1925 .. 3,347 11 11 Balance at credit, 31st March, 1925 .. 178 19 6 Payments. £ s. d. Receipts. Land-tax .... 2 8 0 £ s. d. Interest .. .. .. 153 5 3 Rent • • • ■ • ■ 417 0 8 Management and office ex- Interest .. .. .. 10 14 10 penses .. .. 15 0 6 427 15 6 170 13 9 606 15 0 3,518 5 8 T , Payments. Receipts. Land-tax .. .. 52 9 6 Rents .. .. .. .. 682 7 0 Le S al expenses . . .. 4 6 0 Native Land Court fees .. 9 0 0 Balance at debit, 31st March. 1926 .. £2,835 18 8 Management and office expenses .. .. 15 0 0 80 15 6 Area of block, 11,870 acres. Value, £30,764. „ , Balance at credit, 31st March, 1926 £525 19 6 Area of block, 4,376 acres. Value, £12,000. Papuni Station. £ s. d. Balance at debit, 31st March, 1925 .. 7,643 15 7 Debits. Tawapata South No. 1 (Farm Account). £ s. d. ?u idg6 f '• '■ o"o 92 0 0 Payments. Sheep bought .. .. 110 0 8 £ s d Cattle bought .. .. 27 19 0 Sheep bought 4,006 6 3 Wages, permanent .. 419 4 5 Casual labour (droving) .. .. 20 0 0 Casual labour . . 442 13 7 plant (toolg) 6 5\2 2 Kepairs and maintenance ... 332 5 6 Interest 719 2 Insurance .. .. 17 4 5 RaUage " " " " 013 0 btores . . .. .. 154 17 4 Management and office expenses .. 25 0 0 Rates and taxes .... 165 13 4 s F Rail and cartage .. .. 220 2 8 Balance at debit, 31st March, 1926 .. £4,065 10 7 Interest .. . . .. 490 2 2 = _ = _ ==== __ Management and office ex„P en ® es ■' }*f. , ? I Live-stock on farm at 31st March, 1926 Furniture .. .. 206 11 6 3,699 sheep .. £4,006 6s. 3d. 2,ioi 2 8 10,466 18 3 Credits. Surplus on wool unrealized, 31st March, 1925 , Whangawehi 1b and lc. Realized .. .. 1,717 17 2 £ s. d. Valued at .. .. 1,294 110 Balance at credit, 31st March, 1925 .. 380 6 6 ,tt , ~ *5 t Receipts. Wool sold .. .. 129 7 6 Interest 19 0 0 Advances against wool .. 866 18 10 .... Sheep sold .. .. 1,810 18 9 ggg 0 g Cattle sold .. .. 897 011 Payments. Skins and hides .. .. 30 15 0 Management and office expenses .. 0 9 5 4,158 16 4 ~~~ 777 Balance at credit, 31st March, 1926 .. £398 17 1 Balance at debit, 31st March, 1926 .. £6,308 1 11 Live-stock on station, 31st March, 1926 :— [Block sold.] £ s. d. 4,673 sheep .. .. 3,094 8 0 436 cattle .. .. 1,418 10 0 21 horses .. .. 120 0 0 £4,632 18 0 Whaitiri No. 2. «==—=— £ s. d. Balance at credit, 31st March, 1925 .. 629 0 2 Receipts. £ 8. d. Rent .. .. .. 330 0 0 Tahora 2g, Sec. 2. Interest .. .. .. 18 8 0 £ s. d. 348 8 0 Balance at debit, 31st March, 1925 .. 464 18 11 977 8 2 Payments. Payments. £ s. d. Rent to beneficiaries .. 426 0 0 Rates .. .. .. 21 16 5 Land-tax .. .. 7 19 0 Interest .. .. .. 23 6 7 Management and office exNative Land Court fee .. 0 10 0 penses .. .. 10 7 2 45 13 0 444 6 2 Balance at debit, 31st March, 1926 .. £510 11 11 Balance at credit, 31st March, 1926 .. £533 2 0 Area of block, 1,346 acres. Value, £1,346. Area of block, 426 acres. Value, £1,565,

9

Gr.—3

Statement of Accounts for the Year ended 31st March, 1926—continued. Kopua Station. j Credits. £ s. d. Surplus on wool unrealized, Balance at debit, 31st March, 1925 .. 14,748 3 1 31st March, 1925— £ s. d. £ s. d. Realized .. .. 2,430 17 10 Valued at .. .. 1,597 12 10 833 5 0 Debits. Wool sold .. .. 62 17 8 Advances against wool .. 901 2 7 £ s. d. j Sheep sold .. .. 2,232 15 8 Sheep bought .. .. 1,383 1 8 ! Cattle sold .. .. 185 0 0 Cattle bought .. .. 49 19 1 Skins and hides .. .. 41 911 Wages, permanent .. 352 0 0 i Meat .. .. .. 716 0 Casual labour .. .. 447 1 2 Royalty on stone .. 210 0 Repairs and maintenance .. 425 19 0 4,266 16 10 Fire and accident premium 27 12 11 Stores .. .. 81 14 5 Balance at debit, 31st March, 1926 .. £14,858 0 1 Rates and taxes .. .. 175 3 6 Cartage ... .. 42 13 10 Interest .. .. 931 14 8 Live-stock on station, 31st March, 1926 : — Management and office ex- £ s. d. penses .. .. 144 11 4 4,513 sheep .. .. 3,124 9 0 Bad debt .. .. 26 2 3 488 cattle .. .. 1,740 10 0 Rent of new burn .. 289 0 0 7 horses .. .. 35 0 0 4,376 13 10 £4,899 19 0 19,124 16 11 =====

Statement of Live-stock depastured on Farms as at 31st March, 1926.

Summary. £ s. d. 27,934 sheep, valued at .. .. .. .. 20,920 4 3 2,698 cattle, valued at .. .. .. .. 9,836 .10 0 58 horses, valued at .. .. .. .. 440 0 0 30,690 .. .. .. .. .. £31,196 14 3

2—Gr. 3.'

Sheep. Cattle. Horses. Totals. Farm where depastured. ; 1 number. Value. Number. Value. Number. Value. Number.l Value. £ s. d. £ s. d. £ s. d. £ s. d. Huia .. .. 2,004 1,367 2 0 274 842 0 0 3 15 0 0 2,281 2,224 2 0 Mahurangi .. .. 3,271 2,267 0 0 684 2,480 0 0 2 40 0 0 3,957 4,787 0 0 Mangaheia .. .. 1,305 1,271 5 0 .. .. .. .. 1,305 1,271 5 0 Pokowhai . . .. 37 18 10 0 15 42 0 0 .. .. 52 60 10 0 Papuni .. .. 4,673 3,094 8 0 436 1,418 10 0 21 120 0 0 5,130 4,632 18 0 Paremata .. .. 1,197 845 14 0 105 516 0 0 5 100 0 0 1,307 1,461 14 0 Patemaru .. .. 3,544 2,407 18 0 464 1,662 0 0 9 60 0 0 4,017 4,129 18 0 Tawapata .. .. 3,699 4,006 6 3 .. .. .. .. 3,699 4,006 6 3 TeKopua .. .. 4,513 3,124 9 0 488 1,740 10 0 7 35 0 0 5,008 4,899 19 0 Waimaha .. .. 3,691 2,517 12 0 232 1,135 10 0 11 70 0 0 3,934 3,723 2 0 Totals .. .. 27,934 20,920 4 3 2,698 9,836 10 0 58 440 0 0 30,690 31,196 14 3

Gr.—3,

10

Sir, — Wellington, 15th September, 1926. I have to report that I have completed the audit of the accounts of the East Coast Native Trust lands for the year ended 31st March, 1926, and have the following comments to make thereon : — Stock Accounts. —I have accepted without reservation the statement of live-stock at the various farms as certified by Mr. H. Syme, Farm Superintendent, and by Mr. J. Harvey, Agent for the East Coast Commissioner at Gisborne. Farm Accounts.—ln connection with the farm accounts, I would point out that the amounts charged to repairs and maintenance include not only repairs, but also other running-expenses of the farms which are not separately enumerated. The actual wording should not be " repairs and maintenance " but " repairs and running-expenses." Included in the accounts for this year are two new farms —namely, Mangaheia 2d and Tawapata South. Operations had not commenced when the accounts were being prepared, but these two farms are being worked this year. Block Accounts.—Regarding distributions made during the year under review, I would point out that in connection with Mangapoike 2b and Paremata No. 3 these distributions have been charged against the respective block accounts. The amounts should have been charged against the Mahurangi Farm (Mangapoike 2b) and Paremata Farm (Paremata No. 3), and not against the accounts of the blocks. With reference to Mangaheia 2d Current Account, compensation paid to J. S. Patterson, amounting to £4,262 19s. 10d., will be transferred to the Farm Account during the current year. Operations had not commenced on the farm when the accounts were being prepared. Sundry Debtors and Sundry Creditors. —The sundry debtors and sundry creditors on open account should be increased by the sum of £219 Is., as only the net balance of Sundry Debtors and Sundry Creditors Account was taken into account. Native Accounts.—Owing to the resumption of distribution of profits on account of various blocks, many of the old accounts have either been reduced or closed during the past year. Mangaheia 2t>. —An adjustment has now been made in connection with the Freehold Account of this block. The valuation of the land now stands at £14,120 19s. 10d., the increase being attributed to the compensation paid to J. S. Patterson —namely, £4,262 19s. lOd. Distributions. —Distributions have been made on several blocks during the past year. In some instances cheques were handed to the Native Department for distribution to the various Natives concerned. I have vouched only the receipts from the Native Lands Department of the total moneys received, but have not checked the individual receipts of the Natives. The Native Lands Department accounts are audited by a Government Auditor who is stationed at Gisborne. I have adopted the same procedure as last year, and have arranged, with the consent of the East Coast Commissioner, for the Government Auditor to check the individual payments. Subject to the foregoing remarks, I certify that to the best of my knowledge and belief the -accounts are correct. Enclosed please find set of accounts for the year ended 31st March, 1926. I have, &c., Arthur T. Clarke, Auditor. The Hon. the Minister of Native Affairs, Wellington.

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