B.—l [Pt. ll],

PUBLIC ACCOUNTS, 1938-1 93 9

STATEMENT of the DISBURSEMENTS of LOANS REDEMPTION ACCOUNT for the YEAR ended 31st March, 1939.

51

£ s. d. £ g. d. New Zealand Loans Act, 1932 : — Section 14, — Securities converted — Debentures— Land for Settlements Account—To mature 1st January, 1956 .. .. 3,206 0 0 Stock — Ordinary Revenue Acoount—Reserve Bank of New Zealand— To mature 1st April, 1946 .. .. .. .. .. 25,500 0 0 Ordinary Revenue Account —State Advances Corporation of New Zealand — To mature 1st April, 1946 .. .. .. .. .. 8,393 0 0 Public Works Fund —General Purposes Account — To mature 15th May, 1957 .. .. .. .. 125,000 0 0 To mature 15th August, 1957 .. .. .. .. 1,650,000 0 0 To mature 15th December, 1958 .. .. .. .. 3,575,000- 0 0 5,383,893 0 0 Treasury Bills— Public Works Fund —General Purposes Account — To mature 13th January, 1939 .. .. .. .. 800,000 0 0 To mature 3rd February, 1939 .. .. .. .. 150,000 0 0 To mature 17th February, 1939 .. .. .. .. 400,000 0 0 To mature 3rd May, 1939.. .. .. .. .. 150,000 0 0 Main Highways Account — To mature 3rd May, 1939.. .. .. .. .. 100,000 0 0 To mature 22nd May, 1939 .. .. .. .. 75,000 0 0 1,675,000 0 0 Loans renewed at maturity— Stock — Ordinary Revenue Account—-Reserve Bank of New Zealand — Matured 15th May, 1938 .. .. .. .. .. .. 250,000 0 0 Treasury Bills— Public Works Fund—General Purposes Account— To mature 19th April, 1938 .. .. .. .. 800,000 0 0 To mature 1st May, 1938 .. .. .. .. .. 75,000 0 0 To mature 15th July, 1938 .. .. .. .. 800,000 0 0 To mature 15th October, 1938 .. .. .. .. 800,000 0 0 To mature 29th October, 1938 . . .. .. .. 60,000 0 0 To mature 1st November, 1938 .. .. .. .. 1,650,000 0 0 To mature 20th January, 1939 .. .. .. .. 500,000 0 0 To mature 25th January, 1939 .. .. .. .. 150,000 0 0 To mature 27th January, 1939 .. .. .. .. 150,000 0 0 To mature 31st January, 1939 .. .. .. .. 60,000 0 0 To mature 1st February, 1939 .. .. .. .. 1,650,000 0 0 To mature 3rd February, 1939 .. .. .. .. 850,000 0 0 To mature 7th February, 1939 .. .. .. .. 150,000 0 0 To mature 14th February, 1939 .. .. .. .. 150,000 0 0 To mature 17th February, 1939 .. .. .. .. 400,000 0 0 To mature 22nd February, 1939 .. .. .. .. 100,000 0 0 To mature 1st March, 1939 .. .. .. .. 200,000 0 0 To mature 7th March, 1939 .. .. .. .. 350,000 0 0 To mature 8th March, 1939 .. .. .. .. 100,000 00 To mature 9th March, 1939 .. .. .. .. 200,000 0 0 To mature 13th March, 1939 .. .. .. .. 250,000 0 0 To mature 15th March, 1939 .. .. .. .. 250,000 0 0 To mature 16th March, 1939 .. .. .. .. 500,000 0 0 To mature 22nd March, 1939 .. .. .. .. 200,000 0 0 To mature 23rd March, 1939 .. .. .. .. 950,000 0 0 Main Highways Account — To mature 3rd February, 1939 .. .. .. .. 100,000 0 0 To mature 22nd February, 1939 .. .. .. .. 100,000 0 0 To mature 16th March, 1939 .. .. .. . • 50,000 0 0 To mature 22nd March, 1939 .. .. .. 100,000 0 0 11,695,000 0 0 Section 40 (6),- — Death Duty Stock replaced by ordinary Stock— Public Works Fund —Electric Supply Account— To mature 15th April, 1949 .. .. .. .. .. 250 0 0 To mature 15th June, 1955 .. .. .. .. .. 250 0 0 Main Highways Account — I To mature 15th February, 1946 .. .. .. .. 1,315 0 0 To mature 15th April, 1949 .. .. .. .. .. 1,400 0 0 To mature 15th June, 1955 .. .. .. .. .. 2,400 0 0 5,615 0 0 Carried forward.. .. .. .. .. .. 19,012,714 0 0