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15.    The average annual cost per horse-stallion (Rs. 385-12-2) is the high-
est of 13 years past, with the exception of 1878-79. The high price of food
and fodder consequent on a bad season sufficiently accounts for this. The donkey
stallions, stationed in Sind almost exclusively, were kept at a lower cost than
last year (Rs. 254-6-7 against Rs. 272-5-10).

16.    The total expenditure on horse-breeding amounted to Rs. 66,767
against Rs. 68,502 in 1890-91. The amount defrayed from Provincial Revenues
was Rs. 42,844. Local Funds contributed Rs. 13,873, and the balance of
Rs. 10,049 was paid out of Imperial Revenues for the cost of stallions in Beluchis-
tán and for prizes at the Sibi and Quetta shows.

17.    The report is forwarded later than usual, as it has been necessary to
consider with it the other matters of reference alluded to, and also questions
relating to the general improvement of horse-breeding operations (report pre-
paring for press for submission to Government through the Revenue Commis-
sioners), all of which have called for careful and laborious consideration.

                                                                            E. L. CAPPEL,
                                                        Director, Land Records and Agriculture.