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 |