B.—l [PT. I]

PUBLIC ACCOUNTS, 1926-1927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

42

LAND FOB SETTLEMENTS ACCOUNT 1925-1926. RECEIPTS. 1926-1927. I £ s. d. Balanoe at beginning of Year,— j £ s. d. £ s. d. 4,182 12 9 Cash in the Publio Account .. .. .. .. .. ..[ .. 6,002 11 0 Credits-in-Aid, — 12 17 11 Vote—Opening up Land for Settlements .. .. .. .. .. j _ 1,254 15 7 Recoveries on Account of Expenditure of previous Years .. .. .. .. 3 5 4 Land for Settlements Act, 1925, Section 47,— 17,746 10 6 Receipts .. .. .. .. .. .. .. .. .. .. 15.168 11 7 Land Laws Amendment Act, 1913, Seotion 63, and Appropriation Act, 1918, Section 42, — 10,000 0 0 Amount set aside from Land for Settlements Account £31,942 1 2 Totals .. .. .. .. .. .. .. £23,029 3 6 LOANS REDEMPTION £ s. d. Balance at beginning of Year, — £ s. d. £ s. d 16,962 0 3 Cash in the Public Account .. .. .. .. .. .. 18,508 15 5 50,000 0 6 Investment Account .. .. .. 18,508 15 5 66,962 0 3 New Zealand Loans Act, 1908, — Inscribed Stock issued in Conversion of Bonds, as per contra — New Zealand Inscribed Stock Act, 1917 — Discharged Soldiers Settlement Loans Act, 1920 — 5£-per-cent. Inscribed Stock, 1930 .. .. .. .. .. 50 0 0 15,300 0 0 5|-per-cent. Inscribed Stock, 1933 .. .. .. .. .. 9,600 0 0 Electric-power Works Loan Act, 1919— 4,100 0 0 5-per-cent. Inscribed Stock, 1930 .. .. .. .. .. 1,000 0 0 Finance Act, 1915, Section 105 (Public Works) — 9,000 0 0 Inscribed Stock, 1925 700 0 0 4J-per-cent. Inscribed Stock, 1930 7,500 0 0 4|-per-cent. Inscribed Stock, 1940 .. .. .. .. .. 2,000 0 0 5J per-eent. Inscribed Stock, 1930 .. .. .. .. .. 6,830 0 0 Finance Act, 1916, Section 35 (War Expenses)— 72,500 0 0 4J-per-cent. Inscribed Stock, 1930 .. . . .. .. .. 5,550 0 0 13,450 0 0 4|-per-cent. Inscribed Stock, 1938 .. .. .. .. 600 0 0 4J-per-cent. Inscribed Stock, 1941 .. .. .. .. .. 4,550 0 0 Finance Act, 1918, Section 10 (War Expenses)— 1,000 0 0 5£-per-cent. Inscribed Stock, 1928 Finance Act, 1918 (No. 2), Part IV (War Expenses)— 46,000 0 0 Inscribed Stock, 1939 .. .. .. .. .. 44,100 0 0 100 0 0 5£-per-eent. Inscribed Stock, 1930 .. .. .. .. .. 800 0 0 Finance Act, 1920, Section 15 (Public Works) — 5J-per-cent. Inscribed Stock, 1932 .. .. .. .. .. 7,300 0 0 State Advances Act, 1913 (Advances to Settlers Branch) — 1,850 0 0 5J-per-cent. Inscribed Stock, 1936 .. .. .. .. .. 8,200 0 0 5J-per-cent. Inscribed Stock, 1951 .. .. .. .. .. 4,000 0 0 State Advances Act, 1913 (Advances to Workers Branch) — 5J-per-cent. Inscribed Stock, 1932 .. .. .. .. .. 400 0 0 5J-per-cent. Inscribed Stock, 1936 .. .. .. .. .. 300 0 0 5J-per-eent. Inscribed Stock, 1951 .. .. .. .. .. 2,000 0 0 War Purposes Loan Act, 1917 — 146,100 0 0 4J-per-cent. Inscribed Stock, 1938 .. .. .. .. 71,900 0 0 4,500 0 0 5-per-cent. Inscribed Stock, 1927 .. .. .. .. 400 0 0 100 0 0 5J-per-cent. Inscribed Stock, 1926 169,580 0 0 322,200 0 0 Debentures issued in conversion of Inscribed Stock — State Advances Act, 1913 (Advances to Settlers Branch) — 5J-per-cent. Debentures, 1934.. .. .. .. .. .. 118,600 0 0 5J-per-cent. Debentures, 1936.. .. .. .. .. .. 300 0 0 ! 118,900 0 0 389,162 0 3 Carried forward .. .. .. .. .. .. 306,988 15 5 Note. —In these accounts the credi'ts-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.