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STATEMENT of the RECEIPTS and EXPENDITURE of the GOVERNMENT ADVANCES TO SETTLERS

The Treasury, Wellington, 28th April, 1903. Railway Receipts examined and found correct. T. RONAYNE, General Manager, New Zealand Railways. Customs Revenue examined and found to agree with the Collectors' Cash-books. W. T. GLASGOW. Secretary and Inspector of Customs. Territorial Revenue Receipts examined and found correct. WM. G. RUNCIE, Auditor of Land Revenue.

1901-1902. RECEIPTS. 1902-1903. £ s. d. 406,333 6 8 The Government Advances to Settlers Act, 1894, — Loan of £500,000 3 per-cent. Stock issued in London, 1902 .. £500,000 0 0 Less amount brought to charge in previous year .. .. 406,333 6 8 £ s. d. £ s. d. 93,666 13 4 180,000 0 0 Instalments received in respect of £250,000 3-per-cent. Stock Loan issued in London,1903 .. .. .. .. Temporary advances on security of short-dated Debentures Interest on overdue instalments, Loan of 1902 Received from Advances to Settlers Office to pay off advances 65,000 0 0 200,000 0 0 0 10 2 358,667 3 6 140,000 0 0 726,333 6 8 Totals £726,333 6 8 £358,667 3 6