Gr—3

EAST COAST MAORI TRUST LANDS —continued Statement of Account for Year Ended 30th June, 1950—continued MANGAOTANE STATION : MANGATU 5 AND 6 Debits £ s . d. Balance at debit at 30th June, 1949 .. .. .. .. .. .. 5,735 18 4 £ s. d. Plant and furniture at 30th June, 1949 .. .. .. 879 10 6 Plant purchased .. .. ... .. .. .. 72 12 0 952 2 6 Depreciation .. .. .. .. .. .. 516 16 6 435 6 0 Improvements— New buildings .. .. .. .. .. .. 861 14 8 Roading .. .. .. .. .. .. .. 379 12 5 1,241 7 1 Live-stock at 30th June, 1949 £ s. d. 3,498 sheep .. .. .. .. 2,356 16 0 460 cattle .. .. , . .. .. 2,274 0 0 35 horses.. .. . . .. .. 232 0 0 4,862 16 0 Sheep bought (625) .. .. .. .. .. .. 1,173 5 0 Cattle bought (402) .. .. .. .. .. .. 6,061 0 0 General farm wages .. .. .. .. .. .. 1,441 17 3 Fencing and splitting .. .. .. .. .. 466 3 10 Shearing and crutching .. .. .. .. .. 347 18 5 Repairs, maintenance, and running expenses .. .. .. 1,459 12 0 Cartage .. .. .. .. .. .. .. 375 12 5 Depreciation on plant and furniture .. .. .. .. 516166 Rates .. .. .. .. .. .. .. IXI 2 8 Management and office expenses .. .. .. .. 351 H 0 Profit for year transferred to Special Reserve .. .. .. 777 0 3 17,944 15 4 25,357 6 9 Credits 1949 wool— £ g. d. Sold .. .. .. .. 86 15 2 Valued at .. .. .. 40 0 0 46 15 2 1950 woolSold .. .. .. .. 4,865 4 5 Unrealized .. .. .. 40 0 0 4,905 4 5 4,951 19 7 Sheep sold (919) .. .. .. .. .. .. 1,867 11 3 Cattle sold (284) .. .. .. .. .. .. 5,047 17 8 Meat sold .. .. .. .. .. .. .. 112 0 Skins and hides .. .. ; .. .. .. .. 100 13 11 Houseblocks and rails sold .. .. .. .. .. 161 12 0 Rebate on purchases ex Trust store .. .. .. .. 46 0 3 Rebate on cartage by Trust truck .. .. .. • .. 92 19 3 Interest .. .. .. .. .. .. _ 116 10 5 Live-stock at 30th June, 1950 — 4,163 sheep .. .. .. .. 2,896 19 0 543 cattle .. .. .. .. 2,447 10 0 33 horses.. .. .. .. .. 204 0 0 5,548 9 0 17,944 15 4 Plant and furniture at 30th June, 1950 .. .. .. 435 6 0 18,380 1 4 Balance at debit at 30th June, 1950 .. .. .. .. .. .. £6,977 5 5 Lambing tally .. .. .. .. 1,247 Calving tally .. .. .. .. Nil. Area of station .. . . .. .. 13,608 acres.

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