B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1 927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

68

RESERVE FUND 1925-1926. RECEIPTS. 1926-1927. £ s. d. Balance at beginning of Year,— £ s. d. £ s. d. 2,000,000 0 0 Investment Account .. .. .. .. .. .. .. .. i 2,000,000 0 0 •| £2,000,000 0 0 Totals .. .. .. .. £2,000,000 0 0 SAMOAN LOAN £ s. d. New Zealand Loans Act, 1908, — £ s. d. £ s. d. Finance Act, 1921-22, Section 26 (Sarnoan Loan) — 5,000 0 0 Debentures issued .. .. .. .. .. .. j Finance Act, 1925, Section 4 (Samoan Loan) — 10,000 0 0 Debentures issued .. .. .. .. .. .. .. 21,000 0 0 ! 21,000 0 0 £15,000 0 0 Totals .. .. .. .. .. .. .. £21,000 0 0 STATE ADVANCES £ s. d. £ s. d. £ s. d. Balance at beginning of Year, — Cash in the Public Account — £ s. d. 11,664 3 9 Advances to Settlers Branch .. .. .. .. 138,845 1 5 3,622 6 0 Advances to Workers Branch .. .. .. .. 12,628 13 10 Investment Account — 151,473 15 3 1 5 825 0 0 Advances to Settlers Branch .. .. .. .. 2,019,215 0 0 143,u/5 0 0 Advances to Workers Branch .. .. .. .. 122,000 0 0 [ 2,141,215 0 0 344,780 9 9 2,292,688 15 3 J New Zealand Loans Act, 1908,— State Advances Act, 1913— Advances to Settlers Branch — New Zealand Inscribed Stock Act, 19X7— | 1,907,205 0 0 Inscribed Stock issued .. .. .. .. .. .. 1,116,245 0 0 157,200 0 0 Inscribed Stock (Death Duty) issued .. .. .. .. 57,200 0 0 522,550 0 0 Debentures issued .. .. .. .. . . .. 147,550 0 0 Advances to Workers Branch—97,010 0 0 Debentures issued .. .. .. .. .. .. .. 192,650 0 0 New Zealand Inscribed Stock Act, 1917— 395,990 0 0 Inscribed Stock issued .. .. .. .. .. .. 871,240 0 0 7,000 0 0 Inscribed Stock (Death Duty) issued .. .. .. .. 16,050 0 0 Advances to Local Authorities Branch — 10,000 0 0 Debentures issued New Zealand Consolidated Stock, 1945— State Advances Act, 1913 — Advances to Settlers Branch— Stock issued in respect of £1,000,000 authorized (part of £7,000,000 1,000,000 0 0 4l-per-cent. Stock Loan) .. 84,009 1 8 Stock issued to cover Charges and Expenses of raising £1,000,000 6 6 4 Interest on overdue instalments Advances to Workers Branch — Stock issued in respect of £1,000,000 authorized (part of £7,000,000 1,000,000 0 0 4! -per-cent. Stock Loan) .. 84,009 1 8 Stock issued to cover Charges and Expenses of raising £1,000,000 6 6 4 Interest on overdue instalments New Zealand Consolidated Sto.;k, 1951— State Advances Aet, 1913— Advances to Settlers Branch— | 1,250,000 0 0 5J-per-cent. Stock issued to mature 1st February, 1951 — 2,400,935 0 0 6,514,985 16 0 6,859,7.2 5 9 Carried forward .. .. .. 4,693,623 15 3 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown is receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.