B.—l [Pt. IV],

MAIN HIGHWAYS ACCOUNT— continued. CONSTRUCTION FUND. Income and Expenditure on Capital Account for the Year ended 31st March, 1935, and Total to Date.

60

Total since I _ EXPENDITURE Total for Year Declaration of ' 1 otal since 1934-35. Main Highways INCOME. ToW for Year : Declaration of ia /c,/24) 1934-35. I Mam Highways __ WW- I (9/6/24). Net expenditure on construction »nd improvement of main highways— Loans raised under Main Highways Act, 1922— Highway District- £ s. d. £ s. d. Stock and Debentures issued- £ a d f „ H No] 2 :: : 5®'™® §M 5 2 t At 3 per cent interest 16 365 (j Ô 116,365 0 6 at o '* '' ** *• oo,ol7 4 11 81J,05d 7 0 At 3f per cent, interest .. .. .. .. 15 iqk a o 9cm a a at° a " " " ** '* '* ** 3,363 8 2 175,981 19 10 At 3f per cent, interest .. .. .. 400'OOO 0 0 403'ooo 0 o S°- t 16 > 254 9 1 377,566 17 6 At 4 per cent, interest " 400 ' 000 0 0 0 0 ~ " *• •• •• •• •• •• 18,741 2 3 284,910 16 5 At per cent, interest .. .. .. .. .. _ '549*004 10 10 •vr ' 7 ** *' '*** *• *' •• •• 14,071 13 4 339,543 19 5 | At per cent, interest .. .. .. .. .. _ 17 000 0 o w °' „ •• 8,159 18 10 343,376 3 10 At 5J per cent, interest .. .. .. .. .. 75m ft n XT °' „ '' '• •• •• ■■ 16,480 9 8 208,564 13 1 At 5|-per cent, interest .. .. .. 11 n n ®°- 9 -> 27,627 111 575,105 3 2 .... IL,Z 50 0 0 ° " " " •" " '• •• 9,048 2 11 215,609 16 4 3 004 614 10 10 <fWoi„ at„ iV , t 1 j I 1 Receipts under section 15, Finance Act, 1923, from Public Works Fund, otals for Jvorth Island .. .. .. .. 198,969 0 5 3,963, 468 16 11 General Purposes Account (at 5 per cent, interest) .. 1 226 000 0 0 No. 11 7,315 16 li 161,478 8 4 Transfcr from Avenue Fund " l.'soolooo 0 0 J 2 •• •• •• •• •• .. 13J94 4 8 155,'474 8 3 £°- " •• •• .. .. 1,791 7 8 163,242 10 6 •• •• •• ■■ ■■ .. 54,955 6 11 302,840 14 8 J? •• ■■ .. .. .. .. 10,204 0 11, 159,315 16 3 16 •• •• •• •• •• .. .. 11,498 14 8 160,747 6 6 £°- }l ■■ ■■ ■■ •• .. 20,925 18 5 377,288 13 11 0 - 18 •• •• •• ■■ •• .. 6,628 7 6 106,614 6 7 Totals for Dominipn .. .. .. .. 325,482 17 3 5,550,471 1 11 Premium on conversion of loans .. .. .. .. .. 18 510 q q Charges and expenses of raising loans (adjustment) .. .. .. 332 t, . , . . 325,486 0 5 5,568,981 1 11 Balance, being excess of income over expenditure, carried to general balance-sheet .. .. .. .. .. .. .. 106,013 19 7 161,633 8 11 431,500 0 0 5,730,614 10 10 ' 431,500 0 0 5,730,614 10 10 Note. —No charge for the cost of exchange on payments made in London is included.