8.—5.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION ACCOUNT

10

RECEIPTS. 1894-95. 1893-94, 3J-per-cent. Inscribed Stock — Issued for redemption of Debentures Issued in exchange for Debentures £ s. d. 350,000 0 0 437,258 10 0 £ s. d. 1,036,000 0 0 2,180 0 0 787,258 10 0 1,038,180 0 0 In reduction of Conversion Expenses,— Premium on sale of 3A-per-cent. Inscribed Stock sold above par .. Interest on unsold 3J-per-cent. Stock 1,015 18 6 130 9 1 1,015 18 6 130 9 1 Temporary Advance from Bank of England 100,000 0 0 Balance at end of Year, — Cash overdrawn .. .. .. .. Less — In hands of Stock Agents and Agent-General 12,326 12 11 4,434 14 1 7,891 18 10 Totals £788,274 8 6 £1,146,202 7 11