B.— 6.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION ACCOUNT for the Year ended 31st March, 1906, compared with the Financial Year ended 31st March, 1905.

3—B. 6,

17

1904-1905. EXPENDITURE. 1905-1906. £ s. d. £ s. d. £ s. d. 54,200 0 0 600 0 0 Debentures redeemed, — Consolidated Loan Act, 1867, 5 per cent, (annual drawing) District Railways Purchasing Act, 1885 ; due 1st April, 1905 Aid to Public Works and Land Settlement Act, 1899; due 15th August, 1905 Midland Railway Petition Settlement Aot, 1902 ; due 1st January, 1906 Auokland Loan, 1863 53,600 0 0 21,000 0 0 500,000 0 0 150,000 0 0 724,600 0 0 54,800 0 0 12,360 0 0 Debentures converted into 3£-per-cent. Insoribed Stock, — Amount „ . _ , converted. Rate - Premium. £ £ £ Consolidated Stock Act, 1884 .. .. 332,600 Par District Railways Purobasing Act, 1885 .. 76,100 Laud for Settlements Consolidation Act, 1900.. j 103,000 103 3 090 Aid to Public Works and Land Settlement Act, 1899 .. .. .. .. .. 200,000 103 6,000 Aid to Public Works and Land Settlement Act, 1900 .. .. 77,000 103 2,310 Aid to Public Works and Land Settlement Act, 1903 .. .. .. .. .. 89,300 103 2,679 Railways Improvement Authorisation Aot, 1904 14,800 103 444 Consolidated Loan Act, 1867 £892,800 .. £14,523 80,031 0 0 400 0 0 £892,800 £14,523 907,323 0 0 907,823 0 0 92,791 0 0 Debentures oonverted into 8-per-oent. Stock, — Land for Settlements Consolidation Aot, 1900, at rate of £106 for every £100 ., Premium 800 0 0 48 0 0 848 0 0 305 0 0 7,660 0 0 1,103 14 3 288 14 2 Expenses Account, — Brokerage and Commission Discount Stamp Duty .. .. .. .. .. .. .. Bent and Office Expenses Law Costs Interest .. 7,516 17 3 7,532 19 0 10,238 17 3 789 10 4 11 5 6 6 13 0 9,364 1 5 26,089 9 4 1,137 11 8 Balance at end of Year, — Cash in the Public Account In the hands of Stock Agent3— Cash 8,377 14 5 8,862 18 11 1,824 16 7 485 4 6 2,962 8 3 £160,765 9 8 Totals £1,666,875 8 3 lCCOUNT for the Year ended 31st March, 1906, compared with the Financial Year ended 31st March, 1905. £ s. d. £ s. d. £ s. d. 284 1 1 475,450 0 0 Balance at end of Year, — Cash in Deposit Account Investment Account Ill 476,850 0 0 476,851 1 1 475,734 1 1 •r £475,734 1 1 Totals £476,851 1 1