8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the LAND FOR SETTLEMENTS

12

1906-1907. RECEIPTS. 1907-1908. £ s. d. 3,508 7 7 Balance at beginning of Year, — Cash in the Public Account Advances in hands of Officers of the Government— In London In the Dominion Investment Account £ s. d. 249,320 4 4 £ s. d. 566 3 7 400,000 0 0 80,000 0 0 729,320 4 4 400,000 0 0 404,074 11 2 530,040 0 0 The Land for Settlements Consolidation Act, 1900,— For acquirement of estates— Proceeds of scrip and debentures issued 390,690 0 0 Provision for debentures due 1st February, 1908, — Debentures sold Debentures renewed under " The New Zealand Loans Act, 1904 " 266,800 0 0 148,800 0 0 415,600 0 0 3,000 0 0 814,766 0 0 75,000 0 0 Provision for Debentures due 1906, — Debentures sold .. .. .. .. .. ' .. Debentures, due 31st October, 1906, renewed Debentures, due 1st December, 1906, renewed .. ■ .. 5,445 10 0 Premium on debentures 2,924 0 0 1,428,251 10 0 Receipts on account of capital value of land under " The Land Laws Amendment Aot, 1907 "— Subsection (7), section 16 .. Seotion 20 131 0 0 1,032 0 0 1,163 0 0 204,921 5 4 Receipts derived from Estates, — Rents, &c. .. .. .. .. .. .. 230,357 4 11 Other Receipts,— Interest on Securities held by the Land for Settlements Investment Account 13,814 0 5 16,000 0 0 Recoveries, — Kurow Estate Lindsay Estate .. .. .. .. .. .. Loughnan Estate Pareora Estate No. 2 Plunket Estate Selwyn Estate .. .. . . .. Toka-ora Estate Wangapeka Estate 2 4 2 131 0 5 0 12 6 351 4 2 476 10 0 156 9 10 214 16 0 150 0 0 15 1 6 382 1 8 1,115 16 11 Credits in reduotion, — Bickerstaffe Fencourt Lyndon No. 2 Puhuka Estate .. .. .. Tablelands Estate 606 19 9 6 0 0 20 0 0 4 15 0 61 11 11 632 19 9 66 6 11 Carried forward .. 2,054,429 10 4 1,784,883 11 1