B.—(i.

19

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION ACCOUNT for the Year ended 31st March, 1910, compared with the Financial Year ended 31st March, 1909.

19O8-19O9. EXPENDITURE. 19O9-191O. £ s. d. £ s. d. s. d. £ s. d. n n Debentures redeemed— Aid to Public Works and Land Settlement Act, 1908 .. Wellington and Manawatu Railway Purchase Act, 1908 520,000 0 0 230,000 0 0 O O 0 0 730,000 0 0 428,400 0 0 255,000 0 0 209,100 0 0 ■ Amount Debentures converted into 34-per cent. In- converted. scribed Stock, — £ Aid to Public Works and Land Settlement Act, 1908 .. .. .. .. .. 60,000 Land for Settlements Act, 1908 .. .. 2,000 Wellington-Manawatu Railway Purchase Aot, 1908 .. .. .. .. .. 65,000 Aid to Public Works and Land Settlement Act, 1900 Aid to Public Works and Land Settlement Act, 1901 Aid to Publio Works and Land Settlement Act, 1904 .. 127,000 Kate. £ 102 103 102 Premium. £ 1,200 60 1,300 2,560 306,000 0 0 25,500 0 0 2,828 0 0 1,226,828 0 0 129,560 0 0 127,000 2,560 129,560 0 0 12,500 0 0 70 15 0 8,454 15 0 394 14 10 1,206 5 11 Expenses Acoount, — Brokerage and Commission Disoount Stamp Duty Rent and Office Expenses Interest 12,348 5 0 22,725 1 0 7,569 2 6 404 14 11 22,626 10 9 43,047 3 5 9,943 12 11 Balance at end of Year, — Cash in the Public Account Advances in the hands of Stock Agenta— Cash .. Dr. 859 13 1 444 1 7 700 4 2 Dr. . 159 8 11 10,387 14 6 Totals 1,259,842 5 3 £922,447 14 6