B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1927.

ORDINARY REVENUE Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

9

192 r 5 - 1926 ' EXPENDITURE. ™ 27 - Gross. Gross. £ d, £ s d £ s d 27,825,885.19 8 Brought forward .. .. .. .. .. .. .. 29,181,966 2 6 Amortization of Debt—continued. Transfer to Loans Redemption Account for redemption and cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Securities as under— New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Act, 1921 Finance Act, 1918 (No. 2), Section 30 (Cold Storage) 12,160 0 0 Finance Act, 1920, Section 15 (Public Works) .. Fishing Industry Promotion Act, 1919 Fruit-preserving Industry Act, 1913, and Finance Act, 1917, Section 80 Housing Act, 1919, Section 30 150 0 0 Mining Amendment Act, 1913, and Amendment Act, 1919 131 19 10 New Zealand Consolidated Stock, 1929 (nominal value, £137 6s. lOd.) 42,714 0 0 New Zealand Consolidated Stock, 1940 (nominal value, £50,400) .. New Zealand Inscribed Stook Act, 1917— 3 0 9 Finance Act, 1916, Section 35 (War Expenses) (nominal value, £3 3s. 3d.) 17 1 6 Finance Act, 1918, Section 10 (War Expenses) 151,874 9 7 War Purposes Loan Act, 1917 (nominal value, £158,152 16s. lOd.) 207,050 11 8 Debentures redeemed at maturity— New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Act, 1900, and Finance Act, 1915, Section 106 (due 1st May, 1926) .. .. .. .. .. 100 0 0 Aid to Public Works and Land Settlement Act, 1907 (due 1st January, 1927) 10,000 0 0 Aid to Public Works and Land Settlement Act, 1921 (due 1st February, 1927) 10,000 0 0 Discharged Soldiers Settlement Loans Act, 1920 (due 18th January, 1927) .. 8,950 0 0 Discharged Soldiers Settlement Loans Act, 1920 (due 21st March, 1927) .. 1,900 0 0 Education Purposes Loan Act, 1919 (due 1st January, 1927) .. .. 2,000 0 0 Education Purposes Loan Act, 1919 (due 1st February, 1927) .. .. 15,950 0 0 Finance Act, 1915, Section 105 (Public Works), (due 15th December, 1925).. 6,715 0 0 Finance Act, 1918 (No. 2), Part IV (War Expenses)— Due 20th April, 1926 .. .. .. .. .. .. 18,270 0 0 Due 15th May, 1926 .. .. . .. .. .. 66,700 0 0 Due 25th May, 1926 .. .. .. .. .. .. 2,200 0 0 Government Railways Act, 1908, and Railways Improvement Authorization Act, 1904-7 (due 1st January, 1927) .. .. .. .. 3,400 0 0 Hutt Railway and Road Improvement Acts, 1903-5-7-10 (due 1st January, 1927) .. .. .. .. .. .. .. .. 300 0 0 Land for Settlements Act, 1908 — Due 1st January, 1927 .. .. .. .. .. .. 2,400 0 0 Due 1st February, 1927 .. .. .. .. .. .. 4,000 0 0 Land Laws Amendment Act, 1913 (due 26th March, 1927) .. .. 2,000 0 0 Land Laws Amendment Act, 1913 (due 29th March, 1927) .. .. 12,000 0 0 166,885 0 0 Inscribed Stock redeemed at maturity— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917 — Aid to Public Works and Land Settlement Act, 1921 — Due 1st August, 1926 .. .. .. .. .. .. 130 0 0 Due 1st February, 1927 .. .. .. .. .. .. 18,520 0 0 Education Purposes Loans Act, 1919 — Due 1st January, 1927 .. .. .. .. .. .. 700 0 0 Due 1st February, 1927 .. .. .. .. .. .. 3,330 0 0 Finance Act, 1916, Section 35 (War Expenses), (due 1st August, 1926) .. 74,010 0 0 96,690 0 0 Death Duty Stock redeemed — New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917 — 41-per-cent. Inscribed Stock, 1939 (Death Duties) Finance Act, 1918, Section 10 (War Expenses)— Matured 24th April, 1926 .. .. .. .. .. 300 0 0 Matured 10th July, 1926 .. .. .. .. 250 0 0 4J-per-cent. Inscribed Stock, 1938 (Death Duties) — War Purposes Loan Act, 1917 — Matured 24th April, 1926 .. .. .. .. .. 500 0 0 Matured 3rd May, 1926 .. .. .. .. .. 1,000 0 0 Matured 18th May, 1926 .. .. .. .. .. 730 0 0 Matured 21st May, 1926 .. .. .. .. .. 400 0 0 Matured 1st June, 1926 .. .. .. .. .. 500 0 0 Matured 10th July, 1926 .. .. .. .. .. 1,250 0 0 4,930 0 0 28,032,936 11 4 Carried forward .. .. .. .. .. .. 29,450,471 2 6 Note.- —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81