B,— 6.

STATEMENT of the RECEIPTS and EXPENDITURE of the STATE ADVANCES LOAN ACCOUNT for the Year ended 31st March, 1914, compared with the Financial Year ended 31st March, 1913.

s—B. 6.

33

1912-1913. EXPENDITURE. 1913 1914. ! £ s. d. Amounts paid over to the State Advances Office Account on account of Loan, — Advances to Settlers Branch Advances to Workers Branch Land for Settlements Branch .. .. .. ;. Local Authorities Branch Guaranteed Mining Advances Branch £ s. d. 263,343 1 0 150,000 0 0 273,877 12 0 474,155 15 0 £ s. i. 310,000 0 0 757,000 0 0 384,497 0 0 10,000 0 0 1,161,376 8 0 1,461,497 0 0 ' 27,763 14 5 24,008 15 1 6,722 9 0 The New Zealand State-guaranteed Advances Acts, 1909 and 1910, — Charges and Expenses authorized by the New Zealand Loans Aft, 1908 — On issue of Debentures and Stock— £ P. d. Advances to Settlers Branoh .. .. .. .. 12,061 7 11 Advances to Workers Branch .. ., .. .. 7,803 6 10 Land for Settlements Branch .. .. .. .. 19,833 3 9 Local Authorities Branch .. .. .. .. 21,653 2 9 61,351 1 3 58,494 18 6 On redemption of Debentures— Advances to Settlers Branch Advances to Workers Branch 61,351 1 3 29,486 10 0 7,342 10 0 36,829 0 0 I The Government Advances to Settlers Act, 1908, — Advances to Settlers Branoh— Debentures matured 1st April, 1912, redeemed .. Debentures matured 23rd October, 1912, redeemed by renewal ■'■ j 676,100 0 0 750,000 0 0 1,426,100 0 0 133,500 0 0 Advances to Workers Branch— Debentures matured 1st April, 1912, redeemed The New Zealand State-guaranteed Advances Act, 1909, — Advances to Settlers Bjanch— Temporary advances repaid Temporary advances on Reserve Fund si cnrities repaid 500,000 0 0 117,300 0 0 617,300 0 0 100,000 0 0 Advances to Workers Branoh— Temporary advances repaid 537,907 0 0 Balance at end of Year, — Cash in the Public Account .. ....... Investment Account .. .. 557 0 0 875,000 0 0 875,557 0 0 537,997 0 0 Totals 371 717 18 fi £2,098,284 9 3