11

8.—6.

No. 1—continued. for the Year ended 31st March, 1888, compared with the Financial Year ended 31st March, 1887.

ACCOUNT.

'ar EXPENDITURE. 1887-88. 1886-87. Annual Appropriations,— Glass I.—Public Works, Departmental „ II. —Railways .. , III.—Charges and Expenses of raising Loan, and Contingencies £ s. d. 14,000 0 0 299,542 8 5 59,447 14 10 £ s. d. 543,495 4 3 12,270 11 8 372,990 3 3 555,765 15 11 Proceeds of District Railway Debentures for £242,800 converted into 4-per-cent. Inscribed Stock, and sold with Loan of £1,325,000, now paid over Temporary advance to Part I. .. ■ 242,800 0 0 150,000 0 0 392,800 0 0 Balance at end of Year, — Cash in the Public Account Advances in the hands of Officers of the Government, — In the Colony In London Investments 221,790 4 6 4,282 15 5 20,171 0 11 300,000 0 0 463,546 17 5 4,541 8 7 22,587 7 2 130,058 10 11 Totals 546,244 0 10 620,734 4 1 £1,312,034 4 1 £1,176,500 0 0

£ s. d. £ s. d. Four-and-a-half-per cent. 5-30 Debentures called in for payment on 1st August, 1886 Five-per-cent. 5-30 Debentures called in for payment on 15th January, 1885 .. Debentures issued under " The Wellington Loan Act, 1886," redeemed 235,000 0 0 819,400 0 0 300,800 0 0 13,500 0 0 235,000 0 0 1,133,700 0 0 Expenses Account, — Discount Commission Brokerage Stamp Duty Interest Office expenses 518 15 0 3,496 6 8 1,752 0 4 1,482 10 6 3,958 11 5 1,025 9 2 26,500 0 0 14,322 6 2 1,520 1 7 24,509 17 6 7,749 6 9 12,233 13 1 74,661 12 0 Balance at end of the Year 1886-87 — Cash in the Public Account Advances in the hands of— Stock Agents Crown Agents 89,874 15 6 15,239 18 11 86,300 0 0 £247,233 13 1 191,414 14 5 Totals £1,399,776 6 5