B—l [PT. IY], Sup. TO 1938.

LAND FOR SETTLEMENTS ACCOUNT —continued. Balance-sheet as at 31st March, 1938 —continued. Assets —continued.

66

General. I Cheviot. Hutt Valley. | Total. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. 11,868,010 1 2 348,868 4 2 45,828 4 10 185,100 1 11 12,447,806 12 1 Advances on mortgage —continued. Deteriorated Lands Act, 1925 — Current account .. .. . ■ 6,955 6 5 Instalment mortgage .. .. 1,188 14 0 8,144 0 5 .. .. . - 8,144 0 5 Advances for roading of endowment lands under section 47, Land for Settlements Act, 1925— Wanganui River Trust .. .. 1,983 0 5 Otago University Endowment .. 1,558 2 7 3,541 3 0 .. .. .. 3,541 3 0 Land Laws Amendment Act, 1929 — Expenditure on development of Crown and settlement lands — Crown lands — Improvements .. .. 29,942 2 8 Equipment .. .. •• 6,249 7 10 Stock and farm accounts .. 22,501 13 3 Settlement lands— Improvements .. •• 144,083 3 6 Equipment .. .. •• 15,753 5 6 Stock and farm accounts .. 35,398 10 11 253,928 3 8 .. .. .. 253,928 3 8 Interest on capital expenditure .. 48,017 2 0 .. .. .. 48,017 2 0 Station accounts, including improvements 131,091 8 9 .. .. •• 131,091 8 9 and live-stock Plant and machinery .. .. .. 3,863 0 0 Less depreciation reserve thereon .. 3,086 18 0 776 2 0 .. .. .. 776 2 0 Postponements of rent, interest, &c.— Under Land Act, 1924 — Rents, &c., from estates .. .. 23,560 14 5 Instalments: Sales of Crown lands, 263 9 9 .. 0 4 11 &c. Land Laws Amendment Act, 1929: 214 1 1 Rents, &c. Under Mortgagors and Lessees Rehabilitation Act, 1936 — Rent, &c., from estates .. .. 6,384 15 3 Land Laws Amendment Act, 1929 : 106 6 0 Rents, &c. 30,529 6 6 .. 0 4 11 .. 30,529 11 5 Sundry debtors for— Rents, royalties from estates .. 448,274 14 5 4,047 5 8 .. 237 19 11 Principal instalments — Buildings: Crown land .. .. 3,249 13 6 .. 335 7 8 Buildings: Estates .. .. 18,743 16 9 Sales of Crown lands .. .. 16,955 15 1 .. 265 10 0 Sales of settlement lands .. .. 19,685 5 10 600 5 0 .. 3,527 7 0 Advances under Deteriorated Land 40 3 5 Act, 1925 Loans for roading of endowment 516 14 4 lands under section 47, Land for Settlements Act, 1925 Interest on loans for roading of endow- 931 8 11 ment lands under section 47, Land for Settlements Act, 1925 Interest on sales of— Crown lands .. .. .. 186 19 4 Settlement lands .. .. 15,942 6 10 413 2 8 .. 5,623 5 9 Interest on sale of buildings : Estates 9,568 11 11 Interest on advances under Deteriorated 1,089 11 11 Lands Act, 1925 Land Laws Amendment Act, 1929— Buildings instalments .. .. 8 14 5 Rent 2,182 1 7 Interest on sales .. .. .. 135 6 8 Interest on advances under sections 7 10,238 0 6 and 14 Principal instalments — Sales under section 8 .. 52 9 3 Mortgages .. .. .. 168 17 3 Insurances, &c. .. .. • • 47 4 1 Departmental .. .. .. 1,603 19 4 Miscellaneous .. .. .. 2,59839 552,219 19 1 5,060 13 4 600 17 8 9,388 12 8 567,270 2 9 Carried forward .. .. 12,896,257 6 7 353,928 17 6 46,429 7 5 194,488 14 7 13,491,104 6 1