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Mangapoike B.—Statement of Account for the Year ending 31st March, 1915. £ s. d. Balance at credit, 31st March, 1914 .. .. .. .. .. . . 57 15 5 Receipts. £ s. d. Rents .. .. .. .. .. .. .. .. 15 0 0 Interest .. .. .. .. .. .. .. ..360 18 6« 0 76 1 5 Payments. Management, audit, and office expenses .. .. .. .. .. .. 150 Balance at credit, 31st March, 1915 .. .. .. .. .. .. £74 16 5 Area of block, 400 acres. Value, £344.

Mangapoike 2b.—Statement of Account for the Year ending 31st March, 1915. £ s. d. Balance at debit, 31st March, 1914 .. .. -. .. '.. .. 1,362 19 2 Payments. £ s. d. County and harbour rates .. .. .. .. .. .. 74 18 5 Law-costs and mortgage charges .. .. .. .. 716 10 Interest .. .. .. .. .. .. .. .. 78 15 5 Management, audit, and office expenses .. .. .. .. 60 0 0 221 10 8 Balance at debit, 31st March, 1915 .. .. .. .. .. .. £1,584 910 Area of block, 3,024 acres. Value, £9,195.

Mangapoike 2b (Mahurangi Farm Account). —Statement of Account for the Year ending 31st March, 1915. £ s. d. Balance at debit, 31st March, 1914 .. .. .. .. .. .. 5,178 13 2 Debits. Wool unrealized, 31st March, 1914 .. .. .. .. .. .. 1,033 0 0 £ s. d. Sowing .. .. .. .. .. .. .. .. 117 10 4 Fencing .. 181 11 10 Buildings .. .. .. .. • • .. .. .. 15 17 1 ..* 314 19 3 Tools and plant .. .. .. .. .. .. .. 949 Cattle bought .. .. .. .. •• .. .. 90 0 0 Shearing, dipping, and wool charges .. ... .. .. .. 215 19 10 Wages and droving.. .. .. .. •. . ■ .. 235 14 0 Fire and accident insurance .. .. .. .. .. .. 4 18 3 Rabbit Board rate ..• • .; • .• • .. .. . • ■ .•. • 3 19 9 Miscellaneous charges .. .. .. .. .. .. 5 0 10 Supervision .. .. . • • • • • • • 50 0 0 Interest .. .. .. • • ■ • • • • • .. 303 12 11 918 10 4 7,445 2 9 Credits. Wool sold .. •• •• •■ •• •• 1,095 2 1 Sheep sold . .• ..• • ■•■■ ■•■■ •'. ■ • 439 5 0 Cattle sold .. •• 324 0 0 Wool unrealized, 31st March, 1915 .. .. .. .. 1,680 0 0 ■ 3,538 7 1 pa Balance at debit, 31st March, 1915 .. .. .. .. .. .. £3,906 15 8 Live-stock on farm, 31st Maroh, 1915 — £ s . d. 5,350 sheep .. .. .. .. 3,870 0 0 76 cattle .. .. .. .. 236 0 0 £4,106 0 0

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