B.—l [Pt. Ill]

PUBLIC ACCOUNTS, 1939-1940. TABLE VIII.—ALLOCATION OF THE PUBLIC DEBT AS AT 31st MARCH, 1940, ACCORDING TO THE EXPENDITURE APPEARING IN THE DEPARTMENTAL BALANCE SHEETS PREPARED IN TERMS OF SECTION 57 OF THE FINANCE ACT, 1932. £ Railways .. .. .. .. .. .. 72,452,539 Hydro-electric Schemes .. .. .. .. .. 14,171,199 Post and Telegraph Services .. .. .. .. 15,968,317 Public Buildings, Schools, and Sites .. .. .. 17,975,954 Roads and Highways .. .. .. .. .. 38,415,108 Harbours and Lighthouses .. .. .. .. 2,163,657 State Forests .. .. .. .. .. .. 2,838,958 Housing.. .. .. .. .. .. .. 11,558,945 Land Settlement and Improvement .. .. .. 26,968,914 Shares in Bank of New Zealand .. .. .. .. 875,000 Shares in Reserve Bank of New Zealand .. .. .. 1,628,669 Investment in State Advances Corporation .. .. .. 38,048,983 Share in Nauru and Ocean Island Phosphates .. .. 284,405 Development of Mining .. .. .. .. .. 1,080,438 Tourist Resorts .. .. .. .. .. .. 746,202 Immigration .. .. .. .. .. 3,317,292 War and Defence (including £3,086,054 in respect of present war) 65,917,296 Miscellaneous Assets and Services .. .. .. .. 7,572,294 £ Cash and Investments in hand .. .. 1,288,991 Less exchange .. .. .. 365,625 923,366 £322,907,536 B. C. Ashwin, Secretary to the Treasury. A. R. F. Mackay, M.Com. (N.Z.), Ph.D. (Lond.) Accountant to the Treasury. The Treasury, Wellington, 25th June, 1940. Examined and found correct. Cybil G. Collins, Controller and Auditor-General. Audit Office, 26th June, 1940.

By Authority: E, V. Paul, Government Printer, Wellington. —1940, Price 6d.'\

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