B.—l

74

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION ACCOUNT

PUBLIC ACCOUNTS, 1895-96

1894-95. RECEIPTS. 189 .-96. £ s. d. Balance at beginning of Year, — In the hands of Stock Agents— Cash .. .. .. .. .. .. .. £350 4 2 3J-per-cent. Inscribed Stock .. .. .. .. 3,839 5 6 £ s. d. 4,189 9 8 £ s. d. In the hands of the Agent-General— 3J-per cent. Inscribed Stock 36,177 17 8 Less cash overdrawn .. 40,367 7 4 173 18 6 3J-per-cent. Inscribed Stock, — Issued for redemption of Debentures Issued in exchange for Debentures 40,193 8 10 350,000 0 0 437,258 10 0 118,000 0 0 704,570 0 0 822,570 0 0 787,258 10 0 3J-per-cent. Stock (Colonial issue), — Issued under "The Consolidated Stock Act, 1884," for conversion of debentures 478,300 0 0 1,015 18 6 In reduction of Conversion Expenses,— Premium on sale of 3J-per-cent. Inscribed Stock sold above par 464 0 6 Suspense Account, — " Tlie Consolidated Stock Act, 1884,"— Debentures outstanding now written off 53,400 0 0 ;788,274 8 6 Totals £1,394,927 9 4