B.—l [Pt. Ill]

PUBLIC ACCOUNTS, 1938-1939. TABLE VIII.—ALLOCATION OF THE PUBLIC DEBT AS AT 31st MARCH, 1939 ACCORDING TO THE EXPENDITURE APPEARING IN THE DEPARTMENTAL BALANCE SHEETS PREPARED IN TERMS OF SECTION 57 OF THE FINANCE ACT, 1932. £ Railways .. .. .. .. .. .. 68,245,952 Hydro-electric Schemes .. .. .. .. .. 13,902,944 Post and Telegraph Services .. .. .. .. 15,183,733 Public Buildings, Schools, and Sites .. .. .. 16,627,048 Roads and Highways .. .. .. .. .. 35,773,210 Harbours and Lighthouses .. .. .. .. 2,140,217 State Forests .. .. .. .. .. .. 2,447,097 Housing.. .. .. .. .. .. .. 6,458,945 Land Settlement and Improvement .. .. .. 25,833,722 Shares in Bank of New Zealand .. .. .. .. 875,000 Shares in Reserve Bank of New Zealand .. .. .. 1,630,787 Investment in State Advances Corporation .. .. .. 38,045,375 Share in Nauru and Ocean Island Phosphates .. .. 317,850 Development of Mining .. .. .. .. .. 1,072,693 Tourist Resorts .. .. .. .. .. .. 719.930 Immigration .. , .. .. .. .. 3,317,380 War and Defence .. .. .. .. .. 63,143,292 Miscellaneous Assets and Services .. .. .. .. 7,596,223 Cash and Investments in hand .. .. .. .. 6-38,874 £303,970,272 B. C. Ashwin, Secretary to the Treasury. A. R. F. Mackay, M.Com. (N.Z.), Ph.D. (Lond.), Accountant to the Treasury. The Treasury, Wellington, 31st July, 1939. Examined and found correct. J. H. Fowleb, Controller and Auditor-General. Audit Office, Ist August, 1939.

By Authority: E. V. Paul, Government Printer, Wellington.—l 939. Price 6d.]

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