B.—lB.

2

Loan Agents' Account for the £5,000,000 6-per-cent. Stock Loan, 1936-51. (Issued June, 1921.) The Loan Agents appointed under the New Zealand Loans Act, 1908, and the authorizing Acts, viz.— The Electric-power Works Loan Act, 1919, section 2.. .. .. .. £1,000,000^ The Railways Improvement Authorization Act, 1914, section 4.. . . .. £1.000,000 I„_ mf) nnn The Finance Act, 1920, section 15, for electric-power purposes .. .. .. £750,000 f 00^^ The Finance Act, 1921, Part 111, section 10, for public works .. .. .. £2,250, 000 J In Account with the New Zealand Government. 1921. ' £ s. d. 1921. July 4 To Bank of England— By Public Account— £ s. d. £ s. d. to Cash received for £5,000,000 New Zealand Government 6-per- July 4 to Net proceeds sale of £5,000,000 6-per-cent. Sept. 28 cent, stock issued at £96 .. .. .. .. 4,800,000 0 0 Nov. 9. stock, 1936-51.. .. .. .. .. 4,618,192717 4 Interest on overdue instalments .. .. .. .. 41 110 Sept. 15. Gross proceeds sale of £193.000 6-per-cent. J. and A. Scrimgeour— stock, 1936-51, at £99J .. .. .. 191,552 10 0 Sept. 15. Cash proceeds sale of £193,000 6-per-cent. stock, 1936-51, at £99| 191,552 10 0 Oct. 7. Gross proceeds sale of £50,000 ditto .. 49,625 0 0 Oct. 7. Cash proceeds sale of £50,000 ditto .. .. .. 49,625 0 0 Oct. 11. Gross proceeds sale of £50,000 ditto .. 49,625 0 0 Oct. 11. Cash proceeds sale of £50,000 ditto .. .. .. 49,625 0 0 Oct. 17. Gross proceeds sale of £93,000 £s. d. £ s. d. ditto .. .. .. 92,302 10 0 Oct. 17. Cash proceeds sale of £93,000 ditto .. 92,302 10 0 Less £1,307 13s. 6d. for Less £1,307 13s. 6d. stock for Conversion Conversion Account .. 1,297 17 4 Account .. .. .. .. 1,297 17 4 Balance of £91,692 6s. 6d. stock Balance of £91,692 6s. 6d. stock for Loan Ac- for Loan Account .. 91,004 12 8 count at £99J .. .. .. 91,004 12 8 381,807 2 8 Net amount as authorized .. .. .. .. 5,000,000 0 0 June 29 Payments made through Bank of England— to Commission to brokers and others at J per cent. Sept. 28. on £4,682,900 .. .. .. .. 11,707 5 0 Advertising-expenses .. .. .. 3,737 7 8 Stamps on allotment letters, scrip, and postage 391 18 6 Discounts allowed on prepayments in full .. 10,010 2 2 Bank of England J-per-cent. charge for issuing loan .. .. .. .. .. 12,500 0 0 Payments made direct by Loan Agents— 38,346 13 4 July 4 J. and A. Scrimgeour— to 1J per cent, underwriters' commission .. 62,500 0 0 * Nov. 9. J per cent, brokerage thereon .. .. 12,500 0 0 Bank of England— Composition for stamp duty on £5,000,000 stock at 255. per cent, .. .. .. 62,500 0 0 Composition for stamp duty on £384,692 6s. 6d. 6-per-cent. stock sold for loan expenses .. 4,808 13 1 J. and A. Scrimgeour— J per cent, brokerage on sale of £384,692 6s. 6d. 6-per-cent. stock and contract stamp .. 962 14 7 ilackrell and Co.— Legal charges .. .. 188 4 0 Public Account— Loan cables .. .. 36 19 6 British Australasian — Advertising loan .. 5 0 0 143,501 11 2 £5,181,848 4 6 £5,181,848 4 6 J. Allen, T. E. Donne, Agents. 9th November, 1921 G. F. Copus, j • Approximate Cost of Paper. — Preparation, not given ; printing (475 copies), £2 15s. By Authority: W. A. G. Skinner, Government Printer, Wellington.— 1922. Price &*.;>