8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION

12

1896-97. RECEIPTS. £ s. d. Dr. 1,595 5 3 Balance at beginning of Year, — Cash in the Publio Aocount .. .. In the hands of Stock AgentsCash In the hands of the Agent-General — 3J-per cent. Inscribed Stock •• • £ s. d. 1,103 10 6 £ s. d. 1,054 10 5 469 9 11 1,573 0 5 61,017 3 2 60,476 8 4 3-per-cent. Inscribed Stock, — Issued for redemption of Debentures Issued in exchange for Debentures 190,000 0 0 364,392 0 0 554,392 0 0 26,620 0 0 30,271 0 0 3J-per-cent. Inscribed Stock, — Issued in exchange for Debentures 3,012 1 9 In reduction of Conversion Expenses,— Premium on sale of Inscribed Stock sold above par .. 847 19 6 £120,379 10 1 Total £556,812 19 11