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19

8.—5

ACCOUNT for the Year ended 31st March, 1911, compared with the Financial Year ended 31st March, 1910.

1909-1910. EXPENDITURE. 1909-1910. 1910■1911. 1 " £ s. d. Amount K t Scrip and Debentures converted into 3i-per-cent. converted. Insoribed Stook, — £ £ Aid to Publio Works and Land Settlement Act, 1910 .. .. .. .. .. 1,359,400 102 Naval Defence Act, 1909 .. .. 296,500 102 Finance Act, 1909 .. .. .. .. 1,002,100 102 Aid to Public Works and Land Settlement Act, 1909 .. .. .. .. .. 600,000 102 Aid to Public Works and Land Settlement Aot, 1904 .. .. .. .. .. 500 par Aid to Public Works and Land Settlement Act, 61,200 0 0 1908 2,060 0 0 Land for Settlements Act, 1908 Wellington-Manawatu Railway Purchase Act, 66,300 0 0 1908 Premium. £ 27,188 5,930 20,042 12,000 £ s. d. £ s. d. 129,560 0 0 8,258,500 129,560 0 0 65,160 65,160 3,323,660 0 0 3,323,660 0 0 Expenses Account, — 12,348 5 0 Brokerage and Commission 22,725 1 0 Discount.. 7,569 2 6 Stamp Duty 404 14 11 Rent and Office Expenses ... 1,056 10 0 237 4 0 21,565 19 6 436 17 2 23,296 10 8 43,047 3 5 43,047 3 5 Debentures redeemed, — 520,000 o 0 Aid to Public Works and Land Settlement Act, 1908 .. 230,000 0 0 Wellington and Manawatu Railway Purchase Act, 1908 750,000 0 0 Baianoe at end of Year,— Dr. 859 18 1 Cash in the Publio Aocount Advances in the hands of Stock Agents— 700 4 2 Cash .. In the hands of the High Commissioner— 3J-per-cent. Stook for Sale Dr. 13,321 8 4 475 8 9 15,000 0 0 Dr. 159 8 11 2,154 0 5 Dr. £922,447 14 6 l Totals £3,349,110 11 1 £922,447 14 6 i •

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