B—l [Pp. I]

LOANS REDEMPTION ACCOUNT—continued

39

EXPENDITURE £ s. d. £ s. d. Brought forward •• 27,704,775 0 0 New Zealand Loans Act, 1932—continued Section 14—continued Loans renewed at maturityStock — To mature —• 1st August, 1946 3,000,000 0 0 15th September, 1946-48 5,446,255 0 0 8 44.fi 0 0 O 9 TTU MUU V \J Death duty stock— To mature 15th September, 1946-48 76,855 0 0 Treasury bills — To mature : Various 201,008,000 0 0 Section 15— Securities converted — Debentures— To mature 15th April, 1946-49 384,875 0 0 Stock— To mature 15th April, 1946-49 6,102,935 0 0 Death duty stock— To mature 15th April, 1946-49 17,955 0 0 Section 40 (6) — Death duty stock replaced by ordinary stock — To mature: Various 88,510 0 0 Section 57 — Securities exchanged for ordinary stockDebentures — To mature: Various 32,270 0 0 Death duty stockTo mature: Various 268,525 0 0 Tax-free non-transferable stock— To mature : Various 4,550 0 0 Ordinary stock exchanged for death duty stock — To mature : Various •• 400 0 0 Section 58 — Securities redeemed before maturity— Debentures — To mature — 15th September, 1947 7,150 0 0 15th June, 1952-55 500 0 0 7,650 0 0 Stock — To mature — 15th September, 1947 20 0 0 15th June, 1952-55 55,000 0 0 15th May, 1953-56 60,000 0 0 15th December, 1953-56 100 0 0 15th January, 1953-57 44,180 0 0 15th February, 1955-58 117,980 0 0 15th February, 1955-58 (National savings) 356,605 0 0 Carried forward 633,885 0 0 244,143,555 0 0