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The Pamphlet Collection of Sir Robert Stout: Volume 62

Wealth of the Colony. — According to Property Tax Returns based on the Assessment of 1885

Wealth of the Colony.

According to Property Tax Returns based on the Assessment of 1885.

Public Property.
Crown lands £13,675,000
Education, municipal, and other reserves 7,252,000
Public works 19,377,000
Total £40,304,000
Public Debt.
Debt of the colony, deducting sinking fund £31,688,000
Debts of local bodies 5,616,000
Total £37,304,000

Of these debts £3.131,000 was held in the colony in 1887 by the Pest Office Savings Bank, Government Insurance, &c.

Private Property.
Real estate £89,602,000
Furniture and household goods 4,288,000
Horses, cattle, sheep, and other live stock 8,634,000
Produce, merchandise, and agricultural implements 11,658,000
Shippin? 1,226,000
All other property (including deposits in banks) 21,729,000
Total £137,137,000
Private Debts.
Mortgages (foreign capital) £16,832,000
Debts owed to foreign creditors 11,543,000
Total owed outside the colony £28,375,000
Mortgages (colonial capital) £14,988,000
Debts owed to local creditors 8,822,000
Total owed inside the colony £23,810,000
Total private indebtedness £52,185,000
Total private wealth £108,762,000
Wealth per head £188