12

8.-5

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION ACCOUNT

1894-95. RECEIPTS. 189 i-96. £ s. d. Balance at beginning of Year, — In the hands of Stock Agents— Cash £350 4 2 SJ-per-cent. Inscribed Stock .. .. .. .. 3,839 5 6 £ s. d. & s. d. 4,189 9 8 In the hands of the Agent-General— 3£-per-cent. Inscribed Stock .. .. 36,177 17 8 Less cash overdrawn .. 40,367 7 4 173 18 6 3£-per-cent. Inscribed Stock, — Issued for redemption of Debentures Issued in exchange for Debentures 40,193 8 10 350,000 0 0 437,258 10 0 118,000 0 0 704,570 0 0 822,570 0 0 787,258 10 0 3J-per-cent. Stock (Colonial issue), — Issued under " The Consolidated Stock Act, 1884," for conversion of debentures 478,300 0 0 1,015 1 6 In reduction of Conversion Expenses,—■ Premium on sale of 3£-per-cent. Inscribed Stock sold above par 464 0 6 Suspense Account, — "The Consolidated Stock Act, 1884"— Debentures outstanding now written off .. .. .. 53,400 0 0 > £788,274 8 6 Totals £1,394,927 9 4