B.—l [Pt. Ij

58

PUBLIC ACCOUNTS, 192 8-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

RAILWAYS IMPROVEMENT 1927-1928. RECEIPTS. 1928-1929. | | £ s. d. £ s. d. | £ s. d. 469,790 12 3 Brought forward .. .. .. .. .. .. 728,207 0 3 Credits in reduction of Expenditure under Section 10 of the Finance Act, 1925, — 360 0 0 Electric lighting of stations 3,695 17 8 Rearrangement of or alterations and additions to stations .. .. .. 2,191 18 5 4,050 1 11 Telephones, telegraphs, and signalling, interlocking and safety appliances .. 1,349 ]7 1 14,212 0 1 New Workshops at Otahuhu and Petone, &c. .. .. .. .. 108 1 10 4,655 12 0 Marshalling-yards for Christchurch at Middleton .. .. .. .. 172 15 3 Deviation and Duplication of Railway—Ravensbourne-Burke's .. .. 2 0 0 — 3,824 12 7 26,973 11 8 Credits in reduction of Expenditure under Section 3 of the Finance Act, 1926, — J Electrification of line from Lyttelton to Middleton .. .. .. .. .. 15 14 3 New Zealand Loans Act, 1908,— New Zealand Consolidated Stock, 1946— Railways Improvement Authorization Act, 1914, and Finance Act, 1926, Section 3 — Stock issued in respect of £1,600,000 authorized (Part of £6,000,000 5-per-cent. 1,600,000 0 0 Stock Loan, 1927) .. 12 19 6 Interest on overdue Instalments Stock issued to cover Charges and Expenses of raising £1,600,000 autho44,466 10 3 rized (Part of £6,000,000 5-per-cent. Stock Loan, 1927).. 778 3 3 Premium New Zealand Consolidated Stock, 1947 — Railways Improvement Authorization Act, 1914, and Finance Act, 1927 (No. 2), Section 3 — Stock issued in respect of £1,000,000 authorized (Part of £5,000,000 4J-per-cent. Stock Loan, 1928) .. .. .. .. .. 1,000,000 0 0 Interest on overdue instalments .. .. .. .. -. 724 Stock issued in respect of amount required to cover Charges and Expenses of raising £1,000,000 authorized (Part of £5.000,000 4|-per-cent. Stock Loan, 1928) .. .. .. .. .. .. .. 81,909 7 2 New Zealand Consolidated Stock, 1948-58— Railways Improvement Authorization Act, 1914, and Finance Act, 1927 (No. 2), Section 3 — Stock issued in respect of £1,500,000 authorized (Part of £7,000,000 4J-per-cent. Stock Loan, 1929) .. .. .. .. .. 1,062,578 11 5 Railways Improvement Authorization Act, 1914, and Finance Act, 1926, Section 3 — Debentures issued .. .. .. .. .. .. .. 335,000 0 0 New Zealand Inscribed Stock Act, 1917— Railways Improvement Authorization Act, 1914, and Finance Act, 1926, Section 3— 50,000 0 0 Inscribed Stock issued .. .. .. .. .. .. .. 2,479,495 0 11 1,695,257 13 0 £2,192,021 16 11 Totals .. .. .. .. .. .. £3,211,542 8 0 RANGITAIKI LAND . £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 4,839 4 4 Cash in the Public Account .. .. .. .. .. .. 3,807 13 0 Investment Account— 10.000 0 0 Securities held .. .. .. .. .. .. .. 2,000 0 0 , 5,807 13 0 14,839 4 4 Credits in reduction of Expenditure under Section 7 of the Rangitaiki Land Drainage Act, 1910, — 1,343 17 4 Administration Expenses, and Construction and Carrying-on of Works .. .. 4,227 3 8 * Receipts under the Rangitaiki Land Drainage Act, 1910, —• 9,875 8 10 Sections 6 and 7, Rate Account .. .. .. .. .. .. 3,976 7 6 10 4 8 Section 9, " Thirds " .. .. .. .. .. .. .. 15 15 4 115 14 10 Miscellaneous Receipts .. .. .. .. .. .. .. 137 7 6 4,129 10 • 4 10.001 8 4 Subsidy from Consolidated Fund on Maintenance of Completed Works .. .. .. 1,750 0 0 574 2 8 Interest on Investments .. .. .. .. .. .. .. .. 319 3 1 New Zealand Loans Act, 1908, — Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1924, Section 5— Debentures issued .. .. .. .. .. .. .. .. 8,000 0 0 Public Revenues Act, 1926, Section 40, —■ Temporary Transfers from other Accounts .. .. .. .. .. .. 13,000 0 0 £26,758 12 8 Totals .. .. .. .. .. .. .. £37,233 10 1