15

C—lb

Values of Stock. U c. d. £ c. d. £ ». d. Amount at the 31st March, 1906 ... ... 22,690 0.1 Less value of trees ... ... 16,976 1 2 horse-feed ... 15 0 0 16,991 1 2 5,698 18 11 Trees, as per Schedule 1 ... ... ... ... ... 2,818 5 0 2 4,848 15 0 3 ... ... ... ... ... 1,204 12 6 Tools, implements, &c. ... ... ... ... ... 30 19 2 Water-supply, Extension of ... ... ... ... 21 13 6 Nursery-formation ... ... ... ... ... 491 16 6 Buildings—new and additions to old ones ... ... 373 411 Horse-feed in stock ... ... ... ... ... 46 0 0 Improved value ... ... ... ... . . ... 193 14 0 £15,727 19 6 Summary. g a <j Value of present stock and general improvements ... ... 15,727 19 6 Value of trees sent out since initiation of nursery ... ... 28,510 9 2 44,238 8 8 Expenditure to date ... ... ... ... ... 21,612 4 5 Credit balance ... ... ... ...£22,626 4 3

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

Schedule 2.—Two-year-old Trees, grown 1905-6. (Seventh Crop.)

Name ol Tree. Number in Seed-beds. Height in Inches. Amount of Seed sown. Value per Thousand. Total Value. Remarks. Larix Europsea .. Pic us Laricio „ ponderosa ponderosa, var. Benthamiana „ strobus , Austriaca .. . Torreyana 2,000,000 400,000 75,000 30,000 30,000 83,000 600 1-6 2 2 2 1 2 3 Lb. 722 56 28 14 14 14 14 £ s. d. 10 0 10 0 10 0 15 0 10 0 10 0 1 5 0 £ s. d. 2,000 0 0 400 0 0 75 0 0 37 10 0 30 0 0 83 0 0 0 15 0 Fair crop. Oood, even crop; strong growth. Sparge; mice-riddled seed-beds. Very strong. Good. Bather weak. Splendid crop. Juglans nigra Petula alba Aoaoia melanoxylon Eucalyptus amygdalina .. „ Stuartiana Sequoia sempervirens 3,000 5,000 17,000 100,000 150,000 9,000 2,902,600 18 3 1 i 4 2-6 8 bush. 2 4 3 3 28 3 0 0 10 0 10 0 0 10 0 0 10 0 4 0 0 9 0 0 5 0 0 17 0 0 50 0 0 75 0 0 ! 36 0 0 Good. Totals .. 2,818 5 0

Name of Tree. Number in Seedbeds. Number in Nursery Lines. Height in Inches. Value per Thousand. Total Value. Remarks. £ a. d. 15 0) 2 5 0} 15 0 15 0 15 0 1 10 0 15 0 2 5 0 6 0 0 10 0 2 0 0 1 10 0 £ s. d. jarix Europsea 1,000,000 700,000 9-18 J 2,825 0 0 All splendid, well-rooted plants, with the exception of a few beds of laroh, which were attacked by grub and beetles. ?inus Laricio '. ponderosa '. Austriaca J . ponderosa, var. Benthamiana 5 . Murrayana 5 . muricata lequoia sempervirens Lcacia melanoxylon 1,000,000 300,000 130,000 37,000 16,000 7,000 3,000 5 5 8 6 6 12 9-15 6-12 4-6 4-6 1,250 0 0 375 0 0 162 10 0 55 10 0 20 0 0 10 15 0 18 0 0 12 0 0 iOO 0 0 15 0 0 12,000 Very fast grower. Mossed trees. Bucalyptus amygdalina 10,000 Totals 4,848 15 0 2,495,000 770,000