7

8.—13

Statement of Management Account for the Year ending 31st March, 1900.

Dβ. & a. d. £ s. d. Or. £ s. d. £ s. d. To Advertising .. .. 34 4 0 By Release- and consent-fees 156 12 0 Audit Department .. 200 0 0 Insurance premiums re-Post-Office services .. 700 0 0 funded .. .. 16 5 6 Printing and stationery 293 14 0 Mortgage-forms .. 106 1 6 Registration-fees refunded 3 5 6 Production-fees .. 152 14 0 Registering mortgages 24 15 0 Valuation-fees .. 2,351 15 8 Salaries .. .. 2,950 010 Unauthorised expendiSolicitors' costs .. 336 15 9 ture, 1899-1900, reSundries .. .. 52 13 6 funded .. .. 27 10 8 Telegrams .. .. 180 15 1 2,810 19 i Valuation-fees paid to Balance of management expenses Valuers .. .. 21 0 0 transferred to Profit and Loss AcValuation Department count .. .. .. .. 4,445 16 4 services .. .. 2,469 12 0 — 7,266 15 8 7,266 15 8 Interest. Interest. Interest paid on loans.. 67,500 0 0 Interest received on Interest paid mortgages .. .. 76,565 13 8 on repay- Interest received on temments £421 14 8 poraryinvestments,&o. 6,154 3 3 Less accrued at Mar. 31, 82,719 16 11' 1899 193 7 2 Less overdue and accrued 228 7 6 at 31st March, 1899 .. 20,784 16 3 Interest on repayments accrued at 31st Maroh, 61,935 0 8 1900 .. .. 198 13 3 Interest receivable — 67,927 0 9 overdue .. .. 3,579 5 6 Balance of interest transferred to Profit Interest receivable—acand Loss Account .. .. 18,528 15 1 crued at 31st Maroh, 1900 .. .. 20,941 9 8 86,455 15 10 £93,722 11 6 £93,722 11 6

Statement of the Receipts and Expenditure for the Year ending 31st March, 1900. Dβ. Receipts. £ s. d. Or. Expenditure. & s. d. To Cash in hand and bank at 31st March, By Advertising .. .. .. 34 4 0 1899 .. .. .. .. 73,811 14 2 Advances on mortgages .. .. 448,985 0 0 Consolidated Fund advances .. 16,000 0 0 Assurance Fund .. .. .. 2,199 19 10 Income tax on 4-per-cent. stock re- Audit Department .. .. 200 0 0 funded.. .. .. .. 113 18 2 Consolidated Fund, refunds .. 23,000 0 0 Insurance premiums refunded .. 227 14 10 Interest on loans .. .. .. 67,500 0 0 Interest, Bank of New Zealand .. 416 8 5 „ repayments .. .. 421 14 8 Interest on mortgages .. .. 76,565 13 8 „ Bankof England advances 1,462 13 4 Interest on Sinking Fund, Public Insurance premiums paid .. .. 211 9 4 Trustee .. .. .. 1,221 13 1 Bank of England advances refunded 150,000 0 0 Interest on temporary investments, Law-costs .. .. .. 336 15 9 &c. .. .. .. .. 4,402 3 7 Loan-flotation oharges, "B" loan .. 28,141 3 3 Loan"B" .. .. .. 500,000 0 0 Post-Office services .. .. 700 0 0 Mortgages and instalments repaid .. 136,532 510 Printing and stationery .. .. 293 14 0 Mortgage-forms .. .. .. 106 1 6 Production-fees refunded .. .. 211 6 Production-fees .. .. .. 155 5 6 Registration „ .. .. 3 5 6 Public Trustee, refunds .. .. 118,443 6 8 Registering mortgages .. .. 24 15 0 Release- and consent-fees .. .. 158 14 0 Release- and consent-fees refunded .. 2 2 0 Sundries.. .. .. .. 221 5 0 Salaries .. .. .. .. 2,950 0 10 Suspense Account.. .. .. 8,323 4 0 Sinking Fund investment with Public Temporary investments refunded .. 180,000 0 0 Trustee .. .. .. 136,532 510 Unauthorised expenditure, 1899-1900, Sundries .. .. .. .. 273 18 6 refunded .. .. .. 27 10 8 Suspense Account.. .. .. 6,796 8 6 Valuation-fees .. .. .. 2,498 2 8 Telegrams .. .. .. 180 15 1 Temporary investments .. .. 230,000 0 0 Valuation Department services .. 2,469 12 0 „ . fees paid to Valuers .. 21 0 0 „ refunded .. .. 146 7 0 Prior, John (Studholm's mortgage, deficiency and interest) .. .. 1,190 9 1 Cash in hand and bank at 31st March, 1900 .. .. .. .. 15,144 16 9 £1,119,225 1 9 £1,119,225 1 9