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1939. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, and 4 BLOCKS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st JULY, 1938, TO 30th JUNE, 1939.

Presented to both Houses of the General Assembly in pursuance of Section 40 of the Native Purpose Act, 1931.

MANGATU No. 1. Balance-sheet as at 30th June, 1939. Liabilities. Assets. £ s. d. Public Trustee — .. £ a. d. £ s. d. Freehold lands .. .. .. .. 301,589 13 9 Mortgages .. .. .. 158,237 5 0 £ s. d. Interest on mortgages .. 3,375 0 8 Roads Account .. .. 2,092 5 1 161,612 5 8 Survey Account .. .. 287 8 6 Bank of New South Wales— Fencing Account .. .. 116 7 0 Current Account .. .. 33,061 6 9 Sundry blocks .. .. 533 16 5 Interest accrued .. .. 286 19 6 Royal Commission .. 1,899 5 11 33 > 348 6 3 Owners' appeal .. .. 859 5 9 East Coast Commissioner .. .. .. 465 19 4 — 5,788 8 8 Rates accrued .. .. .. .. 619 2 7 Mangatu Nos. 3 and 4 .. .. .. 3,352 4 7 Rent due by occupation licensees .. .. 682 16 9 Sundry debtors .. .. .. .. 4,066 9 6 Sundry creditors .. .. .. .. 1,093 18 0 Investments — Mangatahu Station: Current Account . . .. 65,747 5 9 £ s. d. Wairere Station : Current Account .. .. 34,540 3 7 Williams and Kettle: Shares 35 0 0 Distribution Accounts .. .. .. 1,646 14 9 £ s. d. Capital Account .. .. .. .. 206,780 13 0 Inscribed stock 12,916 II 6 Interest accrued 182 17 2 13,099 8 8 13,134 8 8 Kokomoko Station : Current Account .. .. 11,223 12 9 Okaihau Station: Current Account .. .. 19,719 510 Pukutarewa Station : Current Account . . 24,464 15 9 Tarndale Station: Current Account .. .. 17,113 16 10 Waitangirua Station: Current Account .. 18,487 810 Live-stock on stations as per schedule .. .. 56,812 16 0 £ s. d. Building-materials .. .. 70 8 3 Wool unrealized .. .. 6,865 9 11 Mutton and lamb .. .. 4,974 6 1 Produce unrealized .. .. 1,478 18 4 13,389 2 7 Incomc Account .. .. .. .. 17,395 111 £506,537 5 8 £506,537 5 8 Auditors' Certificate. We have audited the accounts of Mangatu No. 1 Block, Bast Coast Native Trust Lands, for the year ended 30th June, 1939, and our report on the audit of the accounts is contained in letter of even date to the Right Hon. the Minister of Native Affairs. Clarke, Menzies, Griffin, and Co., Public Accountants, Auditors,. Wellington, 15th September, 1939,

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