B.—l [PT. 11.

PUBLIC ACCOUNTS, 193 2-1933.

LOANS REDEMPTION ACCOUNT.

29

Y BAK Year ended sist March, ended 318T March, 1933. 1932. EXPENDITURE. , — Net. Gross. Credits. Net. | . : ; . . £ s. d. New Zealand Inscribed Stock Act, 1917, Section 3, — £ s. d. £ s. d. £ s. d. 708,050 0 0 Bonds and Debentures converted into Inscribed Stock .. .. .. 254,250 0 0 15,000 0 0 Inscribed Stock converted into Debentures .. .. .. .. 75,000 0 0 9,300 0 0 Inscribed Stock (Death Duties) converted into Inscribed Stock .. 5,950 0 0 3,920 0 0 Inscribed Stock (Death Duties) replaced by Inscribed Stock .. .. .. 3,410 0 0 New Zealand Loans Act, 1932, Section 40 (6), — Death Duty Stock replaced by ordinary Stock .. .. .. .. 100 0 0 Public Revenues Act, 1926, Section 143, — 17,850 0 0 Bonds lost and replaced by Inscribed Stock .. .. •. .. 1,550 0 0 Finance Act, 1922, Section 3 (5), — 1,500 0 0 Stock Certificates replaced by Inscribed Stock .. .. .. .. 400 0 0 Finance Act, 1921-22, Section 24, — 8,033,910 0 0 Securities redeemed and cancelled before maturity— Debentures.. .. .. .. .. .. •• •• 2,106,215 0 0 Insoribed Stook .. .. .. .. .. .. .. 10,000 0 0 8,033,910 0 0 2,116,215 0 0 New Zealand Loans Act, 1908, — Securities redeemed at maturity— 500,849 14 10 Debentures .. .. .. .. .. .. .. 171,820 0 0 541,727 10 3 Inscribed Stock .. .. .. .. .. •• 55,390 0 0 5,950 0 0 Death Duty Stock .. .. .. .. .. .. .. 50,27000 5,900,000 0 0 Treasury Bills .. .. .. .. .. .. .. 4,000,000 0 0 6,948,527 5 1 4,277,480 0 0 Securities redeemed by renewal — 4,456,860 0 0 Debentures.. .. .. .. .. .. .. .. 399,323 8 4 59,800 0 0 Inscribed Stock 4,516,660 0 0 399,323 8 4 15 10 Charges and Expenses of raising Loans .. .. .. .. .. 126,884 0 7 New Zealand Loans Act, 1932, — Section 57 — Debentures exchanged for Stock .. .. .. .. .. 112,900 0 0 Death Duty Stock exchanged for ordinary Stock.. .. .. .. 6,600 0 0 119,500 0 0 Section 14— Securities oonverted — Debentures .. .. .. .. .. .. .. 1,129,136 0 0 Stock .. .. .. ..... .. .. .. 50,000 0 0 1,179,136 0 0 Loans renewed at maturity— Debentures .. .. .. .. .. .. • • .. 1,587,830 0 0 Stock .. .. .. .. .. .. .. .. 2,606,560 0 0 Death Duty Stock .. .. .. .. .. .. .. 66,300 0 0 Stook Certificates .. .. .. .. .. .. .. 1,400 0 0 Treasury Bills .. .. .. .. .. ■. ■. 25,000 0 0 4,287,090 0 0 Section 58- — Securities redeemed at maturity— Debentures .. .. .. .. .. .. .. 500 0 0 Death Duty Stock .. .. .. .. .. .. 8,700 0 0 9,200 0 0 Securities redeemed and cancelled before maturity— Debentures .. .. .. .. .. .. 576,850 0 0 Stock .. .. .. .. .. .. .. .. 35,000 0 0 611,850 0 0 20,283,470 0 11 Carried forward .. .. .. .. j .. 13,467,338 8 11 i |