9

C—IB

Statement of Accounts. Expenditure. jg s d Amount at the 31st March, 1906 ... ... 1528 8 0 Tree-growing . ... ][[ '" ' 471 uIQ General maintenance and repairs ... ... ... 49 6 6 Nursery-formation . ... ... jq3 9 Horse-feed, purchased and grown ... ... ... 28 3 4 Manures ... a ia a Tree-seeds ... ... ... ... 44 1 g Tools, implements, &c. ... ... ... 60 9 2 Water-supply, Extension of ... ... '.. 20 10 2 Buildings ... ... ... 0 14 . 1R = Miscellaneous ... ... ... 24 11 4 Supervision ... ... ... '"' 24 2 0 £2,676 12 7 Values of Stock. Amount at the 31st March, 1906 ... ..." 3,034 10 6 Less value of trees ... ... 2,329 9 9 15 0 0 2,344 9 9 Trees, as per Schedule 1 ... ... ... 37g 25 0 I ... 2,486 10 9 6 ■■■ ■■ ■■■ ... ... 205 0 0 " " 4 ... ... . 1500 Tools, implements, &c. ... ... 60 9 2 Water-supply ." '- "\ 16 1Q 2 JNurserv-formation qq io q Ulldln § s , . • 314 16 5 Horse-iced in stock ... ... 13 0 0 Improved value ... ... ... ... 202 jg 10 £4,877 7 10 Summary. Value of present stock and general improvements ... ... 4,877 710 Value of trees sent out since initiation of nursery ... 2*445 0 7 7 8 /S Expenditure to date ... • ... ... 2676 12 7 Credit balance £4,645 15 10

Stock in Hand. Schedule 1.—Details of One-year-old Trees, grown 1906-7. (Fifth Crop.)

2—C. Iβ.

Name of Tree. Number in Seed-beds. Height in Inches. Seed sown. Value per Thousand. Total Value. Remarks. Larix Europtea Pinus Larioio .. » Austriaca Benthnmiana . Torreyana Pseudo-tsuga taxifolia .. Betula alba Almis glutinosa OoUoneaster SimmondBii 500,000 300,000 3U.00O 15,000 7,000 1,000 8,000 10,000 3,000 1,400 2-5 2 3 3 3 3 3 3 4 3 Lb. 140 35 7 12 7 5 4 10 i 6 £ s. d. 10 0 10 0 10 0 10 0 15 0 15 0 15 0 1 0 0 10 0 ISO £ s. d. 500 0 0 300 0 0 30 0 0 15 0 0 8 15 0 15 0 I 10 0 0 10 0 0 3 0 0 i 1 15 0 Germinated well. Strong plants. Germinated thinly Strong planfcB. Good crop. Sturdy plants Totals 875,400 ! ! 879 15 0