B—l [Pt. I]

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE

34

LAND FOR SETTLEMENTS RECEIPTS Brought forward | i £ s. d. £ s. d. 4,881,043 1 5 Totals £4,881,043 1 x 5 LOANS REDEMPTION Balances at beginning of year — Cash Investments £ s. d. 208,716 13 6 2,500,000 0 0 £ s. d. 2,708,716 13 6 New Zealand Loans Act, 1932— Section 14— Securities issued in conversion of loans — Stock — To mature— 15th November, 1958 15th July, 1957 15th July, 1961-63 23,781,000 0 0 3,299,660 0 0 2,625,430 0 0 29,706,090 0 0 Carried forward 32,414,806 13 6