B.—l [Pt. I].

PUBLIC ACCOUNTS, 1930-1931

LOANS REDEMPTION ACCOUNT.

37

Year Year ended :jist march, ended hist march, 1931. 1930. EXPENDITURE, — Net. Gross. Credits. Net. £ s. d. New Zealand Inscribed Stock Act, 1917, Section 3,— £ s. d. £ s. d. £ s. d. 199,550 0 0 Bonds and Debentures converted into Inscribed Stock .. .. .. 672,150 0 0 Inscribed Stock converted into Debentures .. .. .. .. 1,200 0 0 14,020 0 0 Inscribed Stock (Death Duties) converted into Inscribed Stock .. .. 7,100 0 0 4,950 0 0 Inscribed Stock (Death Duties) replaced by Inscribed Stock .. .. .. 14,240 0 0 Public Revenues Act, 1926, Section 143, — Bonds lost and replaced by Inscribed Stock .. .. .. .. 900 0 0 New Zealand Loans Act, 1908, Section 17, — 5,000,000 0 0 Consolidated Stock converted into Consolidated Stock Finance Act, 1921-22, Section 24,— 7,123,987 7 7 Securities redeemed and cancelled before maturity .. .. .. .. 7,532,400 0 0 Finance Act, 1922, Section 3 (5),— Stock Certificates replaced by Inscribed Stock .. .. .. .. 1,300 0 0 New Zealand Loans Act, 1908, — Securities redeemed at maturity— 251,040 0 0 Debentures.. .. .. .. .. .. .. 3,086,715 0 0 4,022,838 10 1 Consolidated Stock .. 62,000 (I 0 Inscribed Stock .. .. .. .. .. .. .. 1,265,170 0 0 26,650 0 0J Death Duty Stock .. .. .. .. .. .. .. 15,100 0 0 Treasury BUls .. .. .. .. .. 3,650,000 0 0 1,362,528 10 1 8,016,985 0 0 Securities redeemed by renewal— 11,423,035 0 0 : Debentures .. .. .. .. .. .. .. 14,300,586 0 0 Inscribed Stock .. .. .. .. .. .. .. 710,370 0 0 11,423,035 0 0 15,010,956 0 0 War Credits applied in redemption of Loans in terms of Section 13 (1) of the Finance Act, 1925,— Securities redeemed at maturity— 100 0 0 Inscribed Stock .. .. .. .. .. .. 19,000 0 0 Reparation Monoys applied in redemption of Loans in terms of the Public Revenues Act, 1926, Section 135 (3),— Securities redeemed at maturity— 6 450 0 0 Debentures.. .. .. .. .. .. .. .. 174,090 0 0 50,710 0 0 Inscribed Stock .. .. .. .. .. .. 122,710 0 0 12,000 0 0 Death Duty Stock .. .. .. .. .. .. .. 55,560 0 0 69,160 0 0 352,360 0 0 Securities redeemed and cancelled before maturity in terms of Section 24, Finance Act, 1921-22— 179,963 10 0 Debentures (nominal amount, £30,000).. .. .. .. .. 30,000 0 0 9,485 0 0 Inscribed Stock (nominal amount, £65,140) .. .. .. .. 65,136 16 0 189,448 10 0 95,136 16 0 28,386,779 7 8 Carried forward .. .. .. .. .. 31,723,727 16 0