8.—5

18

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION

1909-1910. RECEIPTS. 1910-1911. £ 8. d. Balance at beginning of Year,— 9,943 12 11 Cash in the Public Account Advances in the hands of Stock Agents— 444 1 7 Cash .. 10,887 14 6 £ s. d. £ s. d. Dr. 859 13 1 700 4 2 Dr. 169 8 11 3iJ-per-oent. Inscribed Stock, — 129,560 0 0 Issued for conversion of Debentures.. 10,000 0 0 Issued for expenses of conversion 772,500 0 0 Issued for redemption of Debentures .. 3,823,660 0 0 25,610 0 0 912,060 0 0 : 1 3,349,270 0 0 £922 447 14 6 Totals .. £922 447 14 6 £3.349.11(1 11 1 £3,349,110 11 1