35

H.—25

4. Sinking Fund Account. £ s. d. , £ s. d. Transferred from General Account .. .. 600 0 0 Paid Sinking Fund Commissioners .. .. 600 0 0

Statement of Balances, 31st December, 1894. Db. £ s. d. ob. £ s. d. Special Account .. .. .. 2,966 11 8 General Account .. .. .. 8,216 12 0 2,966 11 8 £5,250 0 4 Balance in National Bank of New Zealand £5,250 0 4

Assets and Liabilities. Assets. £ a. d. Liabilities. £ a. d. Cash — Cash— Rents of reserves to date .. .. 179 5 6 One month's interest on £60,000, at 6 per Wharf dues accrued to date .. .. 424 14 2 cent... .. .. .. .. 300 0 0 Ship dues .. .. .. .. 30 6 9 One month's interest on £10,000, at 6J per Wanganui Borough Council's contribution cent... .. .. .. ..5434 to bridge .. .. .. .. 59 1 8 Seven months' sinking fund on £60,000, at Wanganui County Council's contribution 1 per cent. .. .. .. .. 350 0 0 to bridge .. .. .. .. 177 5 0 Sundry accounts .. .. .. 11l 0 5 Fixed deposits in National Bank of New Zealand .. .. .. .. 4,000 0 0 Balance of Current Account in National Bank of New Zealand .. .. 1,250 0 4 £6,120 13 5 £815 3 9 Estimated — Estimated— Training - walls, protection Castlecliff, Loan Account .. £60,000 0 0 South Spit, and bar improvements .. £54,681 8 8 Less sinking fund Wharves and sheds, less 10 per cent, de- accumulation .. 12,780 16 7 preciation .. .. .. 2,222 0 0 47,219 3 5 Working plant .. .. .. 875 0 0 Advance from Government Life InsurOffice buildings and furniture.. .. 180 0 0 ance Association .. .. .. 10,000 0 0 6,943 acres of land, Manawatu, sold for £10,414, less £2,083 Is. received .. 8,330 19 0 Balance of township lands .. .. 750 0 0 950 acres, Landguard Bluff .. .. 1,000 0 0 180 acres, Pilot-station reserve .. 4,000 0 0 128 acres and 30 perches, right bank of river .. .. .. .. 10,000 0 0 1 acre 2 roods 30 perches, reclaimed land 10,400 0 0 Section, Taupo Quay, office reserve .. 1,000 0 0 £93,439 7 8 £57,219 3 5 Sinking Fund Account. Receipts. £ s. d. Expenditure. £ a. dBalance, December 31, 1893 .. .. 11,546 11 6 By investmentsHarbour Board .. .. .. 600 0 0 Marton Borough debentures, at 7 per cent. 60 0 0 Interest on investments .. .. 634 5 1 Wanganui Harbour Board debentures, at 6 percent... .. .. .. 3,500 0 0 Mortgages .. .. .. -. 8,000 0 0 Balance in National Bank of New Zealand 1,220 16 7 £12,780 16~7 £12/780 16 7 John Notman, Treasurer. T. Thatchee, Chairman, Wanganui Harbour Board, j Sinking Fund Jos. Eeginald Sommeeviele, Chairman, Wanganui County Council, ]■ Commissioners. Freeman E. Jackson, Mayor, Borough of Wanganui J Examined and allowed, Ist March, 1895.—David Peat, Chairman. Examined and found correct.—James Edward FitzGeeald, Controller and Auditor-General.