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Starborough Nursery. £ s. d. £ s. d. £ s. d. Amount at the 31st March, 1905 ... ... 6,636 17 9 Less tools written off ;.. ... 7 0 6 „ trees Dto D" ... ... 2,842 18 0 „ horse-feed ... ... 144 4 2 2,994 2 8 3,642 15 1 Trees as per Schedule D ... ... ... ... ... 870 17 6 D 1 760 10 0 D a ... ... ... ... ... 797 10 0 D 8 ... ... ... ... ... 1,379 8 9 Tools and implements ... ... ... ... ... 60 13 5 Water-supply ... ... •■■ ... ... ... 6 16 7 Fencing ..." ... ... ... ... ... ... 26 6 3 Buildings... ... ... ... ... ... ... 181 5 9 Nursery-formation... ... ... ... ... ... 8185 Improved value by labour, &c. ... ... ... ... 270 1 3 Increased value of one colt and one filly, two years old, at £5 each 10 0 0 Value of one yearling filly ... ... ... ... ... 10 0 0 Horse-feed in stock ... ... ... ... ... 133 0 0 £8,230 13 0 Hanmer Springs Nursery. £ s. d. £ s. d. Amount at the 31st March, 1905 ... ... 2,051 18 11 Less value of trees ... ... 1,434 1 3 horse-feed ... 25 0 0 1,459 1 3 592 17 8 Trees as per Schedule E ... ... ... ... ... 759 5 0 E 1 ... ... ... ... ... 1,132 5 2 E 2 ... ... ... ... ... 376 15 0 E 8 ... ... ... ... ... 61 4 7 Tools and implements ... ... ... ... ... 12 19 5 Water-supply ... ... ... ... ... ... 4 3 2 Nursery-formation ... ... ... ... ... 35 18 9 Seed-frames, new ... ... ... ... ... ... 15 17 9 Horse-feed in stock ... ... ... ... ... 15 0 0 Improved value by labour ... ... ... ... ... 28 4 0 £3,034 10 6 Rotorua Nursery. £ s. d. £ s. d. £ s. d. Amount at the 31st March, 1905 ... ... 17,464 7 7 Less value of trees ... ...13,014 18 5 „ horse-feed ... 6 0 0 „ tools written off 25 4 1 13,046 2 6 4,418 5 1 Trees as per Schedule C ... ... ... ... ...4,529 10 6 C 1 ... ... ... ... ... 2,722 1 0 C 2 ... ... ... ... ... 3,442 16 0 C 8 ... ... ... ... ... 6,281 13 8 Formation of nursery ... ... ... ... ... 368 0 1 Tools and implements purchased ... ... ... ... 25 5 0 Water-supply, Extension 0f... ... ... ... ... 5 16 3 Fencing ... ... ... ... ... ... ... 17 9 0 Buildings—new and additions to old ones ... ... ... 662 10 6 Bridge, Part value of ... ... ... ... ... 154 3 0 Horse-feed in stock ... ... ... ... ... 15 0 0 Improved value by labour ... ... ... ... ... 47 10 0 £22,690 0 1

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