B.—l.

PUBLIC ACCOUNTS, 1907-1908,

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION

106

£ s. d. 8,377 14 5 Balance at beginning of Year, — Cash in the Public Account In the hands of Stock Agents— Cash In the hands of the High Commissioner — 3J-percent. Stock for sale £266 8 8 102,000 0 0 £ s. d. £ s. d. 485 4 6 102,266 8 8 97,179 13 7 5,086 15 1 Less oash overdrawn 8,862 18 11 241,700 0 0 600,266 0 0 3J-per-oent. Inscribed Stock, — Issued for redemption of Debentures Issued for conversion of Debentures.. Issued for expenses of conversion 288,000 0 0 340,676 10 0 5,000 0 0 633,676 10 0 841,966 0 0 75,555 11 1 10,580 0 0 3-per-oent. Inscribed Stock, — Issued for redemption of Debentures Issuea for expenses of conversion 86,135 11 1 Premium received on sale of 3J-per-oent. Stock 106 5 0 50 0 0 Totals £937,014 10 0 £638,869 10 1