B—l7a

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EESULTS OF GENEEAL VALUATION UNDER "THE GOVERNMENT VALUATION OF LAND ACT, 1896," MADE AS AT THE 31st MAECH, 1898.

STATEMENT SHOWING CAPITAL VALUE OF LAND, UNIMPROVED VALUE OF LAND, AND THE VALUE OF IMPROVEMENTS IN THE DISTRICTS OF LOCAL AUTHORITIES. Summary.

COMPARISON OF CAPITAL VALUES, 1891 AND 1898.

* In 1891, in several instances the unimproved value, together with the value of improvements, does not equal the capital value. This is owing chiefly to alterations made by Boards of Review.

[ Capital Value. Unimproved Value. Value of Improvements. Valuation, 1898. Jounties ioroughs Total £ 95,710,266 42,881,081 138,591,347 £ 63,732,516 20,668,728 £ 31,977,750 22,212,353 84,401,244 54,190,103 Jounties boroughs 85,818 ,.167 36,406,862 Valuation, 1891. 57,880,233 17,907,662 27,922,735 18,442,562 Total 122,225,029 122,225,029 ■"46,365,297 Increase, 1898 16,366,318 16,366,318 8,613,349 7,824,806

1891. 1898. Increase, 1898. North Island ... South Island ... £ 57,441,115 64,783,914 £ 71,680,952 66,910,395 £ 14,239,837 2,126,481 Total 122,225,029 138,591,347 16,366,318