B —lo

OTHER SECURITIES

23

Securities. Amount held at 31st March, 1949. Held in New Zealand Industries and Commerce Department New Zealand Government stock £ 7,000 Lands and, Survey Department Mortgages, &c. Shares in Santoft Station, Ltd., at cost 484,491 110,000 Maori Affairs Department * Advances made under Part I and under section 340 of the Maori Land Act, 1931, and advances made under section 48 of the Maori Land Amendment Act, 1936, and advances under the Maori Housing Acts, 1935 and 1938 3,269,366 Social Security Department TDehentures, &c. 97,390 Stores Control Hoard (Disposals) Agreements, &c. .. .. .. .. .. .. .'. 655 Works Department Main Highways Board agreements for advances Main Highways Board agreements for sale of plant Miscellaneous agreements Soil Conservation and Rivers Control Council agreements for advances Taieri River Trust Lower Clutha River Trust 52,551 95,026 3,093 157,732 79,595 2,486 4,359,385 * Moat of the advances under Part 1 of the Maori Land Act, 1931, are secured by statutory charge (vide section 13 of the Maori Land Amendment Act, 1936).