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Statement op Receipts and Expenditure for the Year Ended 31st March, 1950 Receipts Expenditure £ £ Cash balance as at 1st April, 1949 .. 62,442 Administration expenses, &c. .. 172 Interest .. .. .. .. 1,877 Grants — £ Grants from Maori Land Boards .. 5,075 Educational .. .. 2,000 Miscellaneous receipts (sales, &c.) .. 1,939 Miscellaneous .. .. 5,425 Grant from Consolidated Fund .. 375 7,425 Publications .. .. .. 2,282 Miscellaneous .. .. .. 2 Balance at 31st March, 1950 .. .. 61,827 £71,708 £71,708 Budget por Year Ending 31st March, 1951 Expenditure Income Administration — £ £ £ Audit fee .. .. 9 Interest from Maori Trustee .. .. 1,800 Maori Trust Commission .. 60 Grants from Consolidated Fund .. 375 Freight .. .. .. 2 Receipts from sales .. .. .. 1,000 Insurance .. .. 7 Refund of rent .. .. .. 35 Printing and stationery .. 5 Requisitioned from Maori Land Boards 5,000 Rent .. .. .. 60 Salary .. . - .. 35 Travelling-expenses .. 45 Sundries .. .. . - 7 — 230 Te Aute College building fund 1,500 Education grants .. .. .. 1,000 Photographs of carved houses .. 60 Polynesian Society .. .. .. *800 Publications .. .. .. 3,500 Grant to Mr. L. G. Kelly for research in the Cook Islands .. .. .. 50 Whangarei Maori Hostel .. .. 100 Balance available for miscellaneous grants 9,070 £8,210 £8,210 — —) * Includes grant of £400 for year 1949-50 paid after 31st March, 1950. Approximate Cost of Paper.—Preparation, not given; printing (616 copies), £5 15s.

Price 3d-]

By Authority: R. E. Owen, Government Printer, Wellington.—1950.

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