B—lo

OTHER SECURITIES

21

Securities. Amount held at 31st March, 1950. : Held in New Zealand Industries and Commerce Department .New Zealand Government stock £ 5,000 Lands and Survey. Department Mortgages, &c. . - • • • • • • • - "Shares in land companies at cost .... 460,944 146,410 Maori Affairs Department Advances under section 340, Maori Land Act, 1931 * Advances under Part I, Maori Land Amendment Act, 1936 Advances under section 48, Maori Land Amendment Act, 1936 .. Advances under Maori Housing Act, 1935 Advances to rehabilitated Maori ex-servicemen .. 144 2,952,335 4,978 865,157 447,612 Social Security Department Debentures, &c. 90,711 Government Stores Board (Disposals) Agreement 99 Works Department Main Highways Board" agreements for advances Main Highways Board agreements for sale of plant Miscellaneous agreements .. • • • • • • Soil Conservation and Rivers Control Council agreements for advances Taieri River Trust 67,140 j 147,456 1,991 226,123 79,451 Total 5,495,551 * Most of these advances are secured by statutory charge {vide section 18 of the Maori Land Amendment Act, 1936).