B.—l [Pt. IV].

92

STATE FOREST SERVICE —continued. Nursery Tree-growing Accounts for the Year ended 31st March, 1925.

SOUTH ISLAND NURSERIES. Balance-sheets as at 31st March, 1925.

WESTLAND NURSERY. Tree-growing Account for the Year ended 31st March, 1925. Dr. £ s. d. Or. £ 3. d. To Operation expenses .. .. .. .. 776 10 By Rent—W.Houston.. .. .. .. 51 1 0 Cost of seeds ........ 89 19 0 Consumable stores at 31st March, 1925 .. 30 0 Cost of trees .. .. .. .. 319 1 2 Cost 1925 seed-beds.. .. .. .. 85 0 0 Depreciation .. .. ....27 13 0 Trees in stock .. .. .. .. 1,135 19 6 Interest . . . . .. .. . . 20 6 10 Land rental .. .. .. .. 42 0 0 £1,275 1 0 £1,275 1 0 Balance-sheet as at 31st March, 1925. Liabilities. £s. d. Assets. £s. d. Capital Account .. .. .. .. 3,148 8 8 Goodwill of lease .. .. .. .. 4SO 0 0 Buildings .. .. .. .. .. 36 111 Fences .. .. .. .. .. 145 17 10 Formation works .. .. .. .. 1,230 12 0 Departmental property.. .. .. .. 61 17 5 Stores .. .. .. .. .. 300 Cost of 1925 seed-beds .. .. .. .. 85 0 0 Tree stocks .. .. .. .. .. 1,135 19 6 £3,148 8 8 £3,148 8 8 Note. —Item " Sundry creditors," is included in main balance-sheet. WESTLAND FOREST EXPERIMENT STATION. Balance-sheet as at 31st March, 1925. Liabilities. £s. d. Assets. £s. d. Capital Account .. .. .. .. 4,618 11 8 Buildings .. .. .. .. .. 272 14 0 Fencing .. .. .. .. .. 662 11 3 Departmental property.. .. .. .. 30 6 6 Clearing .. .. .. .. .. 250 0 0 Balance, being debt on 230 acres planted at £14 16s. per acre .. .. .. .. .. 3,402 19 11 £4,618 118 ■ £4,618 11 8

J* \ Tapanui Naseby Hanmer ,, Tapanui ! Naseby Hailmer Nursery. Nursery. Nursery. Nursery. Nursery. Nursery. - . To Stock of trees at 1st £ s. d; £ s-. d. £ s. d. £ s. d. £ s. d. £ s. d. April, 1924 .. 1 10,540 15 7 1,494 19 11 10,889 15 7 By Sale of trees .. 1,567 16 6 104 9 9 446 14 11 Stock of seeds at 1st 222 11 0 .. 133 16 0 Sale of tree-seeds .. 59 4 0 .. 353 9 7 April, 1924 Trees transferred to 1,939 6 0 389 17 0 2,282 13 0 Stores at 1st April, 260 19 6 205 2 3 115 0 0 plantations 1924 Trees transferred to 215 13 11 163 18 3 493 13 5 Purchase of seeds .. 156 8 4 12 12 6 160 19 2 other conservation Operation expenses— regions Seed-sowing .. 132 9 0 31 4 11 236 17 2 Stores at 31st March, 127 3 7 0 5 0 122 10 4 Sizing seedlings .. 114 11 10 19 8 9 45 12 10 1925 Lifting and bund- 313 3 1 43 8 5 204 16 8 Stock of trees, 31st 11,059 12 81,729 13 411,006 8 9 ling March, 1925 Lining out .. 173 0 1 71 11 2 128 7 9 Stock of tree-seeds at 92 18 9 General weeding 896 17 1 236 10 0 793 10 1 31st March, 1925 Eepairs .. 189 3 6 15 2 2 124 4 11 Horse-feed .. 141 4 9 .. 227 17 8 Manures . v 15 15 0 .. 32 1 10 Materials, main- 1,394 6 8 194 14 2 1,224 8 7 tenance, &c. Depreciation .. 261 14 10 42 4 10 211 10 5 Interest at 4 per 248 15 2' 21 4 3 170 11 4 cent, on value of land, buildings, property, &c. 15,061 15 52,388 3 414,705 10 0 15,061 15 52,388 3 414,705 10 0 I

t irthiiijijiB Tapanui i Naseby Hanmer . . Tapanui | Naseby ! Haumor | Nursery. Nursery. Nursery. Nursery. I Nursery. ! Nursery. £ s. d. £ s. d. £ s. d. £ s. d. £ s7 d. £ s. dj Capital Account .. 16,02!) 18 9 2,213 10 8 15,993 5 8 Buildings .. .. 2,215 8 11 .. 2,129 13 1 Fences .. .. 538 6 0 .. 188 12 5 Roads .. .. 260 0 0 .. 809 1 0 Bridges .. .. 120 8 9 Water-service .. 171 10 0 26 19 1 346 14 6 Telephones (field) . . 15 0 0 .. 40 0 0 Departmental property 1,317 10 1 343 13 3 1,287 5 7 Live-stock .. .. 112 0 0 113 0 0 63 0 0 Stores .. .. 127 3 7 0 5 0 122 10 4 Stock of trees .. 11,059 12 8 1,729 13 4 11,006 8 9 Stock of seed .. 92 18 9 1 16,029 18 9 2,213 10 8 jl5,993 5 8 16,029 18 9 2,213 10 8 15,993 5 8 Note.—Sundry debtors and creditors are included in the main balance-sheet.