8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND

CONVERSION

10

___ RECEIPTS. 1888-89. 1887-88. Balance to begin the Year with, — Gash in the Public Account Advances in the hands of Officers of the Government, — In the Colony In London Investments £ s. d. 221,790 4 6 4,282 15 5 20,171 0 11 300,000 0 0 £ s. d. 463,546 17 5 4,541 8 7 22,587 7 2 130,058 10 11 546,244 0 10 620,734 I 1 " New Zealand Loan Act, 1886,"— Proceeds of Loan in 4-per-cent. Inscribed Stock " New Zealand Loan Act, 1888," — Moiety of the One Million Loan in 4-per-cent. Inscribed Stock Temporary advances Temporary advance made in 1887-88 to Part I. repaid 500,000 0 0 391,300 0 0 300,000 0 0 150,000 0 0 650,000 0 0 691,300 0 0 • Totals £1,196,244 0 10 £1,312,034 4 1

lalance to begin the Year with, — Cash in the Public Account Advances in the hands of— Stock Agents Crown Agents .. .. 89,874 15 6 15,239 18 11 86,300 0 0 191,414 14 5 'roceeds of Sale of 4-per-cent Inscribed Stock 'ebentures issued under " The Consolidated Stock Act, 1884 " — Colonial issue 24,900 0 0 45,000 0 0 299,500 0 0 ialance at end of Year, — Cash overdrawn Less advances in the hands of— Stock Agents Crown Agents £1,006 5 10 300 0 0 324,400 0 0 45,000 0 0 12,125 4 6 1,306 5 10 10,818 18 8 Totals £324,400 0 0 £247,233 13 1