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Summary. £ s> ,j Value of present stock and general improvements ... ... 5,292 4 11 Value of trees sent out since initiation of nursery ... ... 4,019 10 10 9,311 15 9 Expenditure to date ... ... ... ... ... 7,444 7 3 Credit balance ... ... ... ...£1,867- 8 6

Stock in Hand. Schedule 1 .—One-year-old Trees, grown at Ruatangata Nursery, 1908-9. (Sixth Crop.)

Schedule 2.—Two-year-old Trees, grown 1908-9.

Schedule 3. —Trees transferred from Nursery to Puhipuhi Plantation, 1908-9.

A. Gordon, Nurseryman in Charge.

Dusky Hill Plantation, Otago. (Area, 845 acres; altitude, 400 ft. to 800 ft.) Special attention was directed towards the replanting of burnt-out area, and, although this object was almost accomplished, an unusual number of trees failed to succeed, and it is estimated that about 100,000 pines and larch will be required for replanting purposes during the ensuing year. There were 522,225 trees, as per Schedule 4, received from the Tapanui Nursery, and 175,000 from the Starborough Nursery. The pines from the latter station were apparently well growp, but had evidently suffered in consequence of prolonged confinement in bundles and cases, and a heavy death-rate was not unexpected. The dry spring immediately following their transference

Name. Number in Seed-beds. Height in Inches. Seed sown. Value per Thousand. Total Value. Remarks. 'odocarpus totara "ucalyptus Stuartiana „ rostrata „ resinifera amygdalina 300,000 100,000 160,000 90,000 30,000 680,000 3 3 3 3 3 Lb. 80 2 2 2 3 £ s. d. 2 10 0 0 10 0 0 10 0 0 10 0 0 10 0 £ s. d. 750 0 0 50 0 0 80 0 0 45 0 0 15 0 0 Splendid plants. . Totals .. 940 0 0

Name. Number in Nursery Lines. [Height in Inches. Value per Thousand. Total Value. Remarks. 'odooarpus totara uniperus Virginiana lequoia sempervirens .. 136,000 2,000 11,000 12 12 14 £ s. d. 4 5 0 3 0 0 6 0 0 £ s. d. 578 0 0 6 0 0 66 0 0 Good healthy trees. 'icea sitchensis 4-year-old trees) 149,000 3,500 10 3 5 0 650 0 0 11 7 6 Good and sturdy. Total 661 7 6

Name. Number. Value per Thousand. Total Value. Remarks. Podocarpus totara.. „ dacrydiodes Picea sitchensis Juniperus Virginiana Acacia melanoxylon Sequoia sempervirens Pseudo-tsuga taxifolia Eucalyptus rostrata Stuartiana „ resinifera amygdalina redunca 215,000 1,950 11,800 600 5,600 18,000 180 116,000 75,000 40,000 28,000 24,320 £ s. d. 4 5 0 1 10 0 2 10 0 3 0 0 2 0 0 4 0 0 2 10 0 1 10 0 1 10 0 1 10 0 1 10 0 1 10 0 £ s. d. 913 15 0 2 18 6 29 10 0 1 16 0 11 4 0 72 0 0 0 9 0 174 0 0 112 10 0 60 0 0 42 0 0 36 10 0 Doing fairly well. Doing very well. Growing slowly. Growing slowly. 50 per cent. dead. Doing well. Doing exceedingly well. Very slow growth. Nearly all dead. 4 tons oaten chaff, at £6 per ton 536,450 1,456 12 6 Sent to Rotorua Nursery. 24 0 0 1,480 12 6