87

B.—l

ACCOUNT for the Year ended 31st March, 1903, compared with the Financial Year ended 31st March, 1902.

ACCOUNT for the Year ended 31st March, 1903, compared with the Financial Year ended 31st March, 1902.

PUBLIC ACCOUNTS, 1902-1903

1901-1902. EXPENDITURE. 1902-1903. £ s. d. 50,900 0 0 Debentures redeemed, — Consolidated Loan Act, 1867, 5 per cent. The Aid to Public Works and Land Settlement Act, 1899— Amount transferred to Public Works Fund for repayment of advances on security of short-dated Debentures .. .. .. t .. Naval and Military Settlers and Volunteers Land Act, 1892 .. Otago Loan Ordinance, 1862, 6 per cent. £ s. d. 52,000 0 0 £ s. d. 30 0 0 400 0 0 165,000 0 0 217,000 0 0 51,330 0 0 39,900 0 0 285,000 0 0 2,247 0 0 Debentures converted into 3-per-cent. Inscribed Stock, — Canterbury Loan Ordinance, 1862, 6 per cent., due 1915-16 Land for Settlements Act, 1894 Aid to Public Works and Land Settlement Aots Premium paid in respeot of conversions 800 0 0 240 0 0 1,040 0 0 327,147 0 0 135 0 0 1,690 1 0 838 12 9 231 5 6 90 0 0 348 0 0 1,458 4 7 62 8 0 Expenses Account, — Brokerage and Commission Discount Stamp Duty Office Expenses Rents Hi norarium to officers Interest (including overlap of interest) Law charges 574 10 0 11,104 7 0 3,032 0 0 140 11 1 90 0 0 100 0 0 4,853 11 10 15,041 8 7 901 0 8 1,910 3 1 Balance at end of Year,— Cash in the Publio Account In the hands of Stock Agents— Cash In the hands of the Agent-General— Cash 1,216 2 2 446 2 0 1,892 9 0 1,662 4 2 4,703 12 9 Totals £388,034 4 7 £234,743 12 9

£ s. d. £ s. d. j £ s. d. 224 7 1 468,100 0 0 Balance at end of Year, — Cash in Deposit Account .. Investment Aocount 56 1 1 472,500 0 0 472,556 1 1 468,324 7 1 Totals £468,324 7 1 £472,556 1 1