1).—2.

The sum of £333,386 was expended under the head " Additions to Open Lines," and charged to Capital Account. Of this amount £243,262 was expended on rolling-stock, tarpaulins, _gas storebolders, foot-warmers, and machinery for workshops. The rolling-stock, in respect of which the charges are made, consists of 12 locomotives, 47 carriages, 7 brake-vans, 99 bogie-wagons, 667 four-wheeled wagons, 435 tarpaulins, and 4 cranes, completed on the 31st March, 1908; and 35 locomotives, 74 carriages, 11 brake-vans, 20 bogie and 946 four-wheeled wagons, 75 tarpaulins, and 2 cranes, incomplete, but in hand on that date; £90,124 was spent on tablet and interlocking, telegraph and telephone extensions, bridges, sidings, purchase of land, extension of wharves, stone-crushing plant, fencing, furnaces for foot-warmers, additions to workshops, and dwellings. DUPLICATION OP LINES. On duplication-work the following sums were charged to Capital Account under the provisions of the special Acts relating thereto, passed in 1903, 1904, and 1905, respectively, viz. :— £ Wellington-Hutt duplication-works ... ... ... ... 38,830 New Hutt Road, and purchase of land for same ... ... ... 7,391 46,221 Auckland-Penrose duplication-works ... ... ... ... 54,302 Addington-Rolleston duplication-works ... ... ... ... 11,031 Dunedin-Mosgiel duplication and deviation of line ... ... 74,720 140,053 Less profit on sale of debentures, as per Treasury Accounts ... 891 139,162

IV