3

B—2

Statement of Accounts —continued Payments New Zealand Loans Amendment Act, 1947, section 12 (b) — Redemption of securities— Securities redeemed at maturity— £ s. d. £ s. d. 4-per-cent. debentures (matured 15th February, 1943-46) .. .. .. .. 300 0 0 4-per-cent. debentures (to mature 15th April, 1946-49) .. .. .. .. 11,540 0 0 5-per-cent. rural-advances bonds (matured 15th September, 1947) .. .. .. 150,000 0 0 ordinary stock (matured 15th September, 1947) .. .. .. 3,945,000 0 0 4,106,840 0 0 Securities redeemed before maturity— death-duty stock (to mature 15th September, 1947) .. .. .. .. 3,970 0 0 2J-per-cent. death-duty stock (to mature 15th May, 1948) .. .. .. .. .. 3,630 0 0 4-per-cent. death-duty stock (to mature 30th November, 1948) .. .. .. .. .. 900 0 0 2J-per-cent. death-duty stock (to mature 15th June, 1947-49) .. .. .. .. .. 20,090 0 0 death-duty stock (to mature 15th February, 1949-50) .. .. .. .. .. 10,500 0 0 2J-per-cent. death-duty stock (to mature 15th April, 1950-51) .. .. .. .. .. 3,550 0 0 death-duty stock (to mature Ist October, 1953) .. .. .. .. .. 31,690 0 0 3-per-cent. death-duty stock (to mature Ist August, 1951-54)1 .. .. .. .. .. 14,350 0 0 4-per-cent. death-duty stock (to mature 15th June, 1952-55) .. .. .. .. .. 475 0 0 3-per-cent. death-duty stock (to mature 15th September, 1952-55) .. .. .. .. .. 28,905 0 0 3-per-cent. death-duty stock (to mature 15th May, 1953-56) .. .. .. .. .. 22,690 0 0 3-per-cent. death-duty stock (to mature 15th December, 1953-56) .. .. .. .. .. 66,865 0 0 3-per-cent. death-duty stock (to mature 15th February, 1955-58) .. .. .. .. .. 57,115 0 0 3-per-cent. death-duty stock (to mature 15th April, 1956-59) .. .. .. .. .. 40,850 0 0 3J-per-cent. death - duty stock (to mature 15th September, 1957-60) .. .. .. 8,060 0 0 3-per-cent. death-duty stock (to mature 15th April, 1960-63) .. .. .. .. .. 965 0 0 3-per-cent. death-duty stock (to mature 15th July, 1962-64) .. .. .. .. .. 34,835 0 0 349,440 0 0 4,456,280 0 0 Balance at end of year— Cash in the Public Account .. .. .. .. .. 150,638 0 9 £4,606,918 0 9 The capital accounts which have been relieved of liability due to the above redemptions are : £ s. d. (1) Miscellaneous Account .. .. .. .. 4,083,660 0 0 (2) Public Works Account .. .. .. .. 28,415 0 0 (3) War Expenses Account .. .. .. .. 304,205 0 0 (4) Exchange Account .. .. .. .. 30,000 0 0 £4,456,280 0 0