13

8.—5

ACCOUNT for the Year ended 31st March, 1903, compared with the Financial Year ended 31st March, 1902.

ACCOUNT for the Year ended 31st March, 1903, compared with the Financial Year ended 31st March, 1902.

i i 1901-1902. EXPENDITURE. 1902-1903. EXPENDITURE. £ s. d. £ s. d. £ s. d. Debentures redeemed, — 50,900 0 0 Consolidated Loan Act, 1867, 5 per cent. .. .. .. .. .. 52,000 0 0 The Aid to Public Works and Land Settlement Act, 1899— Amount transferred to Public Works Fund for repayment of advances on security of short-dated Debentures .. .. .. .. .. 165,000 0 0 30 0 0 Naval and Military Settlers and Volunteers Land Act, 1892 .. 400 0 0 Otago Loan Ordinance, 1862, 6 per cent. 217,000 0 0 51,330 0 0 Debentures converted into 3-per-cent. Inscribed Stock, — Canterbury Loan Ordinance, 1862, 6 per cent., due 1915-16 .. .. .. 800 0 0 39,900 0 0 Land for Settlements Act, 1894 285,000 0 0 Aid to Public Works and Land Settlement Acts 2,247 0 0 Premium paid in respect of conversions .. .. .. .. .. 240 0 0 1 1,040 0 0 327,147 0 0 ; 327,147 0 0 135 0 0 1,690 1 0 838 12 9 231 5 6 90 0 0 348 0 0 1,458 4 7 62 8 0 Expenses Account, — 135 0 0 Brokerage and Commission .. .. .. .. .. .. 574 10 0 1,690 1 0 Discount.. .. .. .. .. .. .. .. .. 11,104 7 6 838 12 9 Stamp Duty .. .. .. .. .. .. .. .. 3,032 0 0 231 5 6 Office Expenses .. .. .. .. .. .. .. .. 140 11 1 90 0 0 Rents .. .. .. .. .. .. .. .. .. 90 0 0 348 0 0 Honorarium to officers .. .. .. .. .. .. .. 100 0 0 1,458 4 7 Interest (including overlap of interest) 62 8 0 Law charges i 15,041 8 7 4,853 11 10 4,853 11 10 15,041 8 7 Balance at end of Year, — 901 0 8 Cash in the Public Account .. .. .. .. .. .. 1,216 2 2 In the hands of Stock Agents— 1,910 3 1 ! Cash .. .. .. .. .. .. .. .. .. 446 2 0 In the hands of the Agent-General— 1,892 9 0 Cash .. 901 0 8 1,910 3 1 1,692 9 0 1,662 4 2 4,703 12 9 1,662 4 2 4,703 12 9 ■i'™ •""" " £388,034 4 7 Totals .. .. .. .. .. .. .. £234,743 12 9 £388,034 4 7 £234,743 12 9

£ s. d. Balance at end of Year, — 224 7 1 | Cash in Deposit Account.. 468,100 0 0 ! Investment Account s. d. 56 1 1 472,500 0 0 £ s. d. 472,556 1 1 468,324 7 1 £468,324 7 1 1468.324 7 1 Totals £472,556 1 1