8.—13.

ADVANCES TO SETTLERS BRANCH—continued. Management Expenses Account foe the Year ended 31st March, 1934. Dr. £ a. d. Cr. £ s . d. To Advertising, newspapers, &c. .. .. 22 13 8 By Consent fees .. .. .. .. 43 6 0 Audit Office services .. .. .. 355 0 0 Cost of preparation of mortgages .. .. 55 18 10 Cartage .. .. .. .. .. 27 11 2 Production fees .. .. .. .. 369 0 5 Cleaning, lighting, heating, and messenger ser- Release fees .. .. .. .. 247 11 0 vices •• •• •• •• 331 8 5 Balance transferred to Profit and Loss Account 38,359 19 2 Commission .. .. .. .. 974 16 5 Contingencies .. .. .. .. 9 17 6 Employers' liability insurance .. .. 26 3 6 Fidelity guarantee bonds .. .. .. 64 3 5 Management charges on New Zealand stock and bonds .. .. .. .. 2,531 16 4 Meal allowances and overtime .. .. 85 3 0 Motor maintenance .. .. .. 443 19 10 Office maintenance .. .. .. 313118 Postages and telegrams .. .. .. 806 22 Post Office services .. .. .. 1,470 4 6 Printing and stationery .. .. .. 520 8 5 Public Service Superannuation Fund contribution .. .. .. .. .. 255 3 7 Rent .. .. .. .. .. 1,934 7 8 Salaries .. .. .. .. .. 21,784 6 4 Solicitors'costs and Court costs .. .. 1,806 13 5 Telephones .. .. .. .. 216 17 9 Travelling-expenses .. .. .. 162 10 8 Typewriters and adding-machines (repairs) .. 122 5 1 Valuation-Department: Agency work .. 4,810 10 11 £39,075 15 5 £39,075 15 5 E. 0. Hales, Superintendent. State Advances Office, Wellington, 30th June, 1934. R. Robertson, Accountant. I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the books and documents submitted for audit, and correctly state the position as disclosed thereby, except that the amount of exchange paid in respect of the interest which has been paid in London on the loans of this account has not been charged to the account, but has been borne by the Consolidated Fund.—J. H. Fowler, Deputy Controller and Auditor-General.

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