8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND Part III.

CONVERSION

10

RECEIPTS. 1889-90. 1888-89. Balance to begin the Year with, — Gash in the Public Account Advances in the hands of Officers of the Government, — In the Colony In London Investments £ a. d. ! 115,987 10 2 ! 9,114 9 2 7,975 15 'J 485,000 0 0 £ s. d. 221,790 4 6 4,282 15 5 20,171 0 11 300,000 0 0 618,077 15 1 546,244 0 10 " New Zealand Loan Act, 1888," — Moiety of the One Million Loan in 4-per-cent. Inscribed Stock Temporary advance made in 1887-88 to Part I. repaid Recoveries in respect of expenditure charged during previous year (Railways, £29 ; Charges and Expenses of raising Loan, £3,084) 500,000 0 0 150,000 0 0 3,118 0 0 3,113 0 0 650,000 0 0 Totals £621,190 15 1 £1,196,244 0 10

Salance to bogin the Year with, — Cash in the Public Account Advances in the hands of— Stock Agents 1,654 15 6 952 4 4 2,606 19 10 'roceeds of Sale of 4-per-cent Inscribed Stock 'art proceeds of Sale of yj-per-cent. Inscribed Stock )ebentures issued under '.' The Consolidated Stock Act, 1884 " — Colonial issue * .. 645,000 0 0 24,900 0 0 299,500 0 0 645,000 0 0 324,400 0 0 Totals £647,606 19 10 £324,400 0 0