B.—l.

PUBLIC ACCOUNTS, 1907-1908.

STATEMENT of the RECEIPTS and EXPENDITURE of the RESERVE

114

1906-1907. RECEIPTS. 1907-1908. L s ; | „ - I . £ s. d. £ s. d. £ s. d. I " The Reserve Fund Securities Act, 1907,"— Proceeds of Debentures created .. .. • • • • • • • • • • 800,000 u o Securities purchased under authority of " The Reserve Fund Securities Aot, 1907," as per contra \ •■ , 800 ,000 ° ° £ s. d. 800,000 0 0 800,000 0 0 ■ Total .. .. •• •• •• ■• •• £1,600,000 0 0 £1,600,000 0 0 STATEMENT of the RECEIPTS and EXPENDITURE of the NEW ZEALAND CONSOLS £ s. d. £ s - d - £ S - d - £ s. d. Balance at beginning of Year,— 111 Cash in Deposit Account .. .. • • • • • ■ • • • • -W 1 l 476,850 0 0 Investment Account .. .. •• •■ •• •• •■ ______ 478 235 1 1 478,235 1 1 , »IO,*UU J. j476,851 1 1 1,384 0 0 i Deposits inscribed .. .. •■ •• ■• •• •• •• j •• 21 * ° ° 214 0 0 !478,235 1 1 Totals •• ___'i 49 _L_. £478,449 1 1