B.—l [PT. ll].

PUBLIC ACCOUNTS, 1939-1 94 0.

STATEMENT of the DISBURSEMENTS of LOANS REDEMPTION ACCOUNT for the YEAR ended 31st March, 1940.

32

£ s. d. £ s. d. New Zealand Loans Act, 1932 Section 14, — Securities converted—Debentures— Public Works Fund—General Purposes Account—• To mature 31st March, 1940 .. .. .. .. 4,000 0 0 To mature 15th June, 1940 .. .. .. .. 1,000,000 0 0 1,004,000 0 0 StockOrdinary Revenue Account —Miscellaneous— To mature 1st January, 1940 .. .. .. .. 2,594,721 0 7 Ordinary Revenue Account—Naval Defence Act — To mature 1st January, 1940 .. .. .. .. 365,251 13 11 Ordinary Revenue Account—Reserve Bank of New Zealand — To mature 1st April, 1946 .. .. .. .. .. 27,118 15 0 To mature 15th December, 1958 .. .. .. .. 250,000 0 0 Ordinary Revenue Account—State Advances Corporation of New Zealand— To mature 1st April, 1946 .. .. .. .. .. 6,392 0 0 Ordinary Revenue Account—State Advances — To mature 1st January, 1940 .. .. .. .. 1,032,364 14 2 Public Works Fund —General Purposes Account— To mature 1st January, 1940 .. .. .. .. 10,329,312 5 5 To mature 15th August, 1957 .. .. .. .. 600,000 0 0 To mature 15th December, 1958 .. .. .. .. 2,662,000 0 0 Bank of New Zealand Shares Account— To mature 1st January, 1940 .. .. .. .. 500,000 0 0 Land for Settlements Account— To mature 1st January, 1940 .. .. .. .. 1,017,432 5 11 Land for Settlements Account—Cheviot Estate— To mature 1st January, 1940 .. .. .. .. 160,918 0 0 19,545,510 15 0 Treasury Bills —• Public Works Fund —General Purposes Account— To mature: Various .. .. .. .. .. 1,500,000 0 0 Main Highways Account— To mature: Various .. .. .. .. .. 600,000 0 0 State Forests Account—To mature: Various .. .. .. .. .. 50,000 0 0 2,150,000 0 0 Loans renewed at maturity— Stock — Ordinary Revenue Account—Reserve Bank of New Zealand—To mature 15th May, 1939 .. .. .. .. 250,000 0 0 Public Works Fund—General Purposes Account — To mature 1st January, 1940 .. .. .. .. 1,007,450 0 0 State Coal-mines Account— To mature 1st January, 1940 .. .. .. .. 416 13 4 : 1,257,866 13 4 Treasury Bills— Publio Works Fund—General Purposes Account—To mature: Various .. .. .. .. .. 35,135,000 0 0 Public Works Fund —Electric Supply Account — To mature: Various .. .. .. .. .. 75,000 0 0 Main Highways Account — To mature: Various .. .. .. .. .. 4,475,000 0 0 State Forests Account — To mature: Various .. .. .. .. .. 550,000 0 0 War Expenses Account— To mature: Various .. .. .. .. .. 300,000 0 0 40,535,000 0 0 Section 15, — Securities converted— Stock — Public Works Fund—General Purposes Account— To mature 15th December, 1958 .. .. .. .. .. 992,097 10 5 Treasury Bills— Public Works Fund —General Purposes Account—• To mature: Various .. .. .. .. .. 4,175,000 0 0 Main Highways Account—To mature: Various .. .. .. .. .. 75,000 0 0 State Forests Account— To mature: Various .. .. .. .. .. 50,000 0 0 4,300,000 0 0 Premiums on conversion— Public Works Fund—General Purposes Account .. .. .. 92,078 0 0 Main Highways Account .. .. .. .. .. 2,083 6 8 State Forests Account.. .. .. .. .. .. 761 8 5 94,922 15 1 Carried forward .. .. .. .. .. .. 69,879,397 13 10