B.—l [PT. I].

PUBLIC ACCOUNTS, 1 926-1 927.

LOANS REDEMPTION ACCOUNT—continued.

53

1925-1926. 1926-1927. _ EXPENDITURE. _ Gross. Gross. £ s. d. £ a. d. £ s. d. 118,250,606 9 0 Brought forward .. .. .. .. .. •• 1,851,278 3 2 Securities][redeemed and cancelled before maturity in terms of Section 7 of the Discharged Soldiers Settlement Loans Act, 1920, — Debentures under— New Zealand Loans Act, 1908 — Discharged Soldiers Settlement Loans Act, 1920— 7,263 5 0 5£-per-cent. Debentures, 1933 (nominal value, £7,300)'.. Inscribed Stock under— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920 — 8,820 0 0 5£-per-cent. Inscribed Stock, 1930 (nominal value, £9,000) 22,287 12 6 5|-per-cent. Inscribed Stock, 1933 (nominal value, £22,400) .. 38,370 17 6 969,215 0 0 Debentures redeemed at Maturity,— i— New Zealand Loans Act, 1908— Aid to Public Works and Land Settlement Act, 1921— • | Due 1st August, 1926 .. .. .. .. .. .. 37,400 0 0 »j Due 1st February, 1927 .. .. .. .. .. .. 3,600 0 0 4 Discharged Soldiers Settlement Loans Act, 1920 (due 19th October, 1926) .. 18,500 0 0 j jlEEducation Purposes Loan Act, 1919 (due 1st February, 1927) .. .. 2,000 0 0 _j|Finance Act, 1916, Section 35, (War Expenses), (due 1st August, 1926) .. . 23,800 0 0 jg Finance Act, 1918 (No. 2), Section 32, (State Forests), (due 1st August, 1926) .. 20,000 0 0 Act, 1919, Section 30, (due 1st July, 1926) .. .. .. 2,400 0 0 > Kauri-gum Industry Amendment Act, 1914, and Appropriation Act, 1918, j Section 45, (due 1st November, 1926) .. .. .. .. .. 7,500 0 0 - Land for Settlements Act, 1908 (duo 1st January, 1927) .. .. .. 1,000 0 0 j Land Laws Amendment Act, 1913— Due 22nd July, 1926 .. .. .. .. .. .. 8,000 0 0 Due 26th March, 1927 .. .. .. .. .. .. 18,000 0 0 Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1920, Section 16, (due 1st December, .. .. .. .. .. 20,000 0 0 t 162,200 0 0 12 M 68,300 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 .. .. .. .. .. .. 36,860 0 0 Due 1st February, 1927 .. .. .. .. .. .. 31,260 0 0 Discharged Soldiers Settlement Loans Act, 1919, Section 4— Due 1st August, 1926 .. .. .. .. .. •• 80,000 0 0 Due 1st February, 1927 .. .. .. .. .. .. 90,000 0 0 Education Purposes Loan Act, 1919 (due 1st February, 1927) .. .. 570 0 0 Finance Act, 1916, Section 35 (War Expenses), (due 1st August, 1926) .. 221,770 0 0 Native Land Amendment Act, 1913 (due 1st April, 1926) .. .. .. 5,000 0 0 465,460 0 0 New Zealand Consols redeemed at Maturity— 500 0 0 New Zealand Consols Act, 1908 (due 1st February, 1925) 6,500,000 0 0 Treasury Bills redeemed at maturity,— — New Zealand Loans Act, 1908 — Finance Act, 1918 (No. 2), Section 31 (Discharged Soldiers Settlement) — Due 29th April, 1926 .. .. .. .. .. 500,000 0 0 Due 30th June, 1926 .. .. .. .. .. .. 500,000 0 0 Due 29th July, 1926.. .. .. .. .. .. .. 500,000 0 0 Due 30th September, 1926 .. .. .. .. .. .. 500,000 0 0 Due 29th October, 1926 .. .. .. .. .. .. 500,000 0 0 Finance Act, 1920, Section 15 (Public Works) — Due 29th April, 1926 .. .. .. .. .. .. 400,000 0 0 Due 29th July, 1926.. .. .. .. .. .. .. 400,000 0 0 Due 29th October, 1926 .. .. .. .. .. .. 400,000 0 0 3,700,000 0 0 25,826,992 6 6 Carried forward .. .. .. .. .. .. 6,178,938 3 2 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.