B.—lB

2

In account with the New Zealand Government.

J. Allen, "] T. E. Donne, [>Loan Agents. G. F. Copus, J

LOAN AGENTS' ACCOUNT FOR THE £5,000,000 5-PER-CENT. STOCK LOAN, 19.35-45, ISSUED APRIL, 1922. The Loan Agents appointed under the New Zealand Loans Act, 1908, and the authorizing Acts, viz.,— The Aid to Public Works and Land Settlement Act. 1921 .. .. .. .... .. . . £2,800,000 The Native Land Amendment Act, 1913 .. .. .. .. .. .. .. .. .. £250,000 The Education Purposes Loans Act, 1919 .. ~ .. .. .. .. .. .. .. £500,000 The Finance Act, 1916 (section 50),-and Finance Act, 1920 (section 16) ..... .. .. £200,000 The Discharged Soldiers Settlement Loans Act, 1920 .. .. .. .. .. .. .. £250,000 The Electric-power Works Loan Act, 1919 .. .. .. .. .. .. .. .. £500,000 The War Purposes Loan Act, 1917 (for redemption) .. .. .. .. .. .. .. £500,000

By Authority : W. A. Gk Skissek, Government Printer, Wellington. — 1923.

Approximate Cost of Paper. — PreparatiOD, not given ; printing (475 copies), £3 10s.

Price 3d.]

21s£ November, 1922.

1922. April 26 to Aug. 17 To Bank of England — Cash received for £5,000,000 New Zealand Government 5-per-oent. stock issued at £100 Interest on overdue instalments J. and A. Scrimgeour — Gross proceeds sale of £100,000 5-per-cent. New Zealand stock, 1935-45, at £100J Less £4,244 9s. 5d. stock for payment of stamp duty on transfers Balance of £95,755 10s. 7d. 5-per-cent, New Zealand stock for Loan Account at £100J 10 £ s. d. £ s. d. 5,000,000 0 0 114 15 0 100,500 0 0 4,265 13 10 j 96.234 6 2 10. 4, April 26 B3' Public Accounts — £ s. d. to Net prooeeds sale of £5,000,000 5 - per - cent. Nov. 21 stock, at £100 Gross proceeds sale of £100,000 5-per-cent. New 100,500 0 0 Aug. 31 Zealand stock at £100J Less £4,244 9s. 5d. 5-per-cent, New Zealand 4,265 13 10 stock for payment of stamp duty on transfers Balance of £95,755 10s. 7d. 5-per-cent, New Zealand stock for Loan Account Net amount as authorized 1922. April 26 to £ s. d. £ s. d. 4,903,765 13 10 Nov. 21 Aug. 31 100,500 0 0 Aug. 31 ' 4,265 13 10 96,234 C 2 5,000,000 0 Payments made through Bank of England. April By Commission to brokers and others at J per cent, on 11,509 15 0 to £4,603,900 August Advertising-expenses .. .. .. 2,953 7 6 Stamps on allotment letters, scrip, and postage .. | 443 19 1 Discounts allowed on prepayments in full .. ; 6,045 16 8 Bank of England charges for management of loan 12,500 0 0 (i per cent.) Payments made direct by Loan Agents. April By J. and A. Scrimgeour — to 1 per cent, underwriter's commission on 50,000 0 0 August £5,000,000 \ per cent, brokerage thereon .. .. 12,500 0 0 J per cent, brokerage on sale of £95,755 10s. 7d. 240 7 9 5-per-cent. New Zealand stock for loan expenses, plus stamp £1 ilaekrell and Co. —Legal charges .. .. 110 18 6 Public Account —Loan cables .. .. 44 0 0 Bank of England —Stamps on cheques .. 0 16 8 62,896 2 i: £5,096,349 1 2 £5,096,349 1 2 I £5,096,349 1 : 2