8.—5

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION

12

1895-96. RECEIPTS. 1896-97, £ s. a. £ s. d. £• s. d. 350 4 2 3,839 5 6 Balance at beginning of Year, — In the hands of Stock Agents— Cash .. .. .. .. .. .. .. £1,054 10 5 3J-per-cent. Inscribed Stock 1,054 10 5 4,189 9 8 36,177 17 8 In the hands of the Agent-General— 3J-per cent, Inscribed Stock 61,017 3 2 40,367 7 4 173 18 6 Less cash overdrawn .. 62,071 IS 7 1,595 5 3 60,476 8 4 40,193 8 10 3J-per-cent. Inscribed Stock, — Issued for redemption of Debentures .. .. Issued in exchange for Debentures 118,000 0 0 704,570 0 0 30,271 0 0 ■<n 97i n n 822,570 0 0 OU , ii ( -L U U 3-per-cent. Inscribed Stock, — Issued in exchange for debentures .. 26,620 0 0 Stock (Colonial issue), — Issued under "The Consolidated Stock Act, 1884," for conversion of debentures 478,300 0 0 464 0 6 In reduction of Conversion Expenses,— Premium on sale of Inscribed Stock sold above par 3,012 1 9 Suspense Account, — " The Consolidated Stock Act, 1884,"— Debentures outstanding now written off 53,400 0 0 Totals £1,394,927 9 4 £120,379 10 1