B. —1 [Pt. I

PUBLIC ACCOUNTS, 1934-19 35.

LOANS REDEMPTION ACCOUNT.

s—B. 1 [PT. I 1;.

27

Ye Alt ENDED X1ST MAKOH, Year 1935 ended 31st March, 193 4. EXPENDITURE. ——; —. Net. Gross. Credits. Net. £ s. d. New Zealand Loans Act, 1932, — £ s. d. £ s. d. £ s. J. Section 40 (6) — ins Qfin n 0 3,645 0 0 Death Duty Stock replaced by ordinary Stock .. Section 5/ ■ 695 0 0 238,280 0 0 Debentures exchanged for Stock .. .. . •• •• is'255 n 0 22,230 0 0 Death Duty Stock exchanged for ordinary Stock.. .. •• •• »■"' Ō 0~ 347 ' 95 ° ° ° Section 14 — Securities converted — 5,000,000 0 0 Debentures .. •• ■■ ■- -• •• " oq 049 579 18 4 2,129,015 0 0 Stock ;; S 'B 1 Treasury Bills .. .. .. •. • • • • ■ 23 ' 107 ' 679 18 4 1 ztQ7 1 ft Securities paid off by the issue of new Securities.. .. ■ • • • . ,oau < o Loans renewed at maturity— 13,500 0 0 Debentures 225,370 0 0 Stock 6,500 0 0 Death Duty Stock .. .. .. .. -• •• 9 inn 0 n 54,420 0 0 Death Duty Stock matured under Section 40 (3) .. •• •• ' Stock Certificates .. .. • ■ • • ■ • • • • • . 130,000 0 0 Treasury Bills Q n Deed of Secunty .. .. .. . ■ • • • • ' 196,565 0 0 429,790 0 0 ___J. Section 58— Securities redeemed at maturity— 0 29,300 0 0 Debentures .. .. .. •• •• •• 4'on'lOO 0 0 152,740 0 0 Stock •• 4.0,100 500 0 0 Death Duty Stock .. .. .. •. • • • • • • 750,700 0 0 182,540 0 0 ___l Securities redeemed before maturity— Debentures .. •• •• ! •' 5],300 0 0 552,000 0 0 Stock .. .. •• •• •• •• 77 51,300 0 0 552,000 0 0 I . : Section 63 000 0 0 750 0 0 Debentures lost and replaced by Stock .. ! 26,051,890 0 0 8,558,250 0 0 Carried forward .. .. • •• '