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Wm. P. Moat, Chairman. H. N. Garland, Secretary. Examined and found to be correct.—L. A. Durrieu, Auditor. 23rd March, 1887.

Hn--H-ii-ii:iiaß-{--BK-H--a-iH-H-^-i-M-H-iiiH---iißiß TARANAKI. Sir,— New Plymouth, March, 1887. In reply to your circular of the 6th January, 1887, I have the honour to report that no change has taken place in the Commission since my last report. The present members are T. King, Esq. (Chairman), District Judge Rawson, Thomas Humphries (Commissioner of Crown Lands), Messrs. Robert Parris and Robert George Bauchope. There have been twelve ordinary and six special meetings held during the year. Several transfers of leases have been acceded to, and nine new leases granted : 479 acres were primary and 406 acres were secondary reserves. The Public Works Department took 7 acres and 26 perches of town sections for the Moturoa Railway, for which the Commissioners were paid £308 10s. The money is available for the purchase of other land when needed or as opportunity occurs. I have no doubt that when the increased facilities for leasing to be given by " The Public Bodies' Leaseholds Act, 1886," are made known, a considerable demand for the reserves will be created. A general statement of the receipts and expenditure is appended to this report. I have, &c, The Hon. the Minister of Education. T. King, Chairman.

•xpent liturt By Salaries to officers Printing, stationery, &c. Expenses of leasing— Auctioneer's commission Advertising Expenditure on reserves — Surveys ... Fencing, &c. Bates Payments to Boards, viz.— Auckland Education Board... Hawke's Bay Education Board Payments towards secondary education— Auckland Girls' High School Cambridge District High School Deposits refunded Credit balance of account at 31st December, 1886 £ s. a. 70 6 10 2 16 £ s. d. 29 13 2 £ s. d. 100 0 0 2 16 10 0 16 19 0 l"*7 6 10 0 18 6 6 2 16 5 13 0 66 10 2 0 10 6 19 19 8 2 12 0 5 13 . 0 86 9 10 1,022 8 2 50 1 6 I 1,072 9 8 200 0 0 75 0 0 0 15 0 I 275 0 0 5" 5 0 6 0 0 1,220 12 1 Total expenditure ... 2,790 4 7 Assets. Salance of cash on 31st December, 1886 .rrears # of rents for 1884 .rrears'of rents for 1885 .rrears of rents for 1886 £ s. a. 29 11 0 260 12 0 948 18 9 £ s. d. 20 0 7 224 2 4 £ s. a. 1,220 12 1 29 11 0 280 12 7 1,173 1 1 Total assets 1,239 1 9 244 2 11 2,703 16 9 Liabilities. legal expenses ;ates ... Total liabilities £ s. a. 19 1G 1 25 0 9 44 16 10 & s. 6 12 8 3 14 15 & s. a. 6 12 0 8 3 0 a. o 0 0 £ s. d. 26 8 1 33 3 9 59 11 10