8.—6

XXIII

£ Samoan Loan .. .. .. .. .. 10,000 Scenery Preservation Account . . . . . . 9,000 Mining Advances Account .. .. .. 6,000 Amount raised for stamp duty on transfers not yet allocated to accounts (held in Deposits Account— Loan Stamp Duty Account) . . . . . . 5,250 5,234,818 For redemption of loans . . .. .. .. 3,130,322 Total raised .. .. ..£8,365,140 The amount of £8,466,201 was paid off from the Redemption Fund and surplus revenue, as follows : — Transfers from— £ Ordinary Revenue Account .. .. .. 3,160,030 (for funded debt) .. 141,171 El ectric Supply Account .. .. .. 500,000 Land for Settlements Account .. .. 250,100 Discharged Soldiers Settlement Account .. 45-,210 Cold Storage Advances Account . . . . 38,000 War Expenses Account .. .. .. 1.046,740 Sinking funds set free .. .. .. 57,000 Debentures redeemed by issue of securities in redemption . . . . . . .. 3,227,950 £8,466,201 The gross debt as it now stands may be subdivided as under : — £ Ordinary public debt .. .. .. .. 116,067,273 Discharged soldiers settlement .. .. .. 9,759,216 War debt .. .. .. .. .. 80,503,885 State Advances debt .. .. .. .. 12,562,950 £218,953,324 The debt at the 31st March, 1923, was held as under :— . Cross Amount. Annual Interest Charge. Held in— £ £ New Zealand .. .. 106,125,566 4,654,56!) Australia .. .. 2,159,490 94,648 London.. .. .. 110,668,268 4,808,167 £218,953,324 £9,557,384 Annual sinking fund .. .. 762,002 Repayment of Imperial debt .. 292,964 Total.. .. .. .. £10,612,350 Of the annual charge, £1,954,359 will be recouped to the Consolidated Fund from trading and investment accounts. The sink ng funds accrued are— £ Public Trustee .. .. .. .. 7,201,126 State Advances .. .. .. .. 4,365,060 Ordinary Revenue Account .. .. .. 2,207 State Coal-mines Account .. .. .. 29,532 Commissioners of Public Debt Sinking Funds .. 281,332 £11,879,257