H.—278.

EXHIBIT No. 6. AUCKLAND PROVINCIAL TOWN PROPERTIES, LTD. Statement of Position as at 30th June, 1934. Capital— £ s. d. £ s. d. £ s. d. £ g. d. Authorized'—7,ooo shares of £1 Property (Government valuation, each .. .. .. 7,000 0 0 £1,860) .. .. .. 11,316 4 0 Less Uncalled .. .. 1,000 0 0 Plus Costs of subdivision .. 553 17 10 — — 11,870 1 10 6,000 0 0 Four additional sections .. .. .. 600 0 0 Less Calls in arrear .. 25 0 0 Instalments due on property bonds .. .. 1,133 15 0 5,975 0 0 Deposit with trustee for debenture-holders .. 120 0 0 7J-per-cent. debentures .. .. 6,000 0 0 Office furniture .. .. .. .. 23 12 6 Property bonds —96 at £50 each .. 4,800 0 0 £ s. d. *Less 8 fully paid in April, 1932 400 0 0 Bridgewater and Melnnes .. 416 10 0 V. B. Mclnness and Co., Ltd. .. 206 0 0 4,400 0 0 622 10 0 Less Instalments not yet due 16 0 0 (Refund of commission due in 4,384 0 0 respect of bonds forfeited or reCreditors— funded.) Investment Securities Association 1,035 010 Debenture discount .. .. .. .. 100 0 0 Mrs. E. C. Alcorn .. .. 468 15 4 Debenture expenses .. .. .. .. 155 9 3 Sundry creditors .. .. 483 8 10 Cash at bank and in hand .. .. .. 1117 8 Vendors of four additional sections 600 0 0 Profit and Loss Account — £ s. d. 2,587 5 0 Legal expenses .. .. 148 9 7 Suspense Account —Amounts paid on bonds for- Debenture interest .. .. 201 0 0 feited .. .. .. .. .. 518 10 0 Land-tax .. .. .. 28 12 2 Property Bonds Premium Reserve .. .. 197 10 0 Interest .. .. .. 0 18 4 Salary .. .. .. 52 0 0 Trustees' fees .. .. .. 21 0 0 General expenses .. .. 32 8 10 484 8 11 Less Commission written back.. 405 0 0 79 8 11 Add Loss brought forward .. 4,945 910 5,024 18 9 £19,662 5 0 £19,662 5 0

* Obligations completed by company in respect to six only of these.

2—H. 278.

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