8.— 5

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION

10

1897-98. RECEIPTS. 189 5-99. £ s. d. 1,103 10 6 469 9 11 Balance at beginning of Year, — Gash in the Public Aocount In the hands of Stock Agents— Cash £ s. d. 2,288 5 11 253 16 5 £ s. d. 2,542 2 4 1,573 0 5 3-per-tfent. Inscribed Stock, — Issued for redemption of Debentures Issued in exchange for Debentures (as per contra) Issued for payment of Stamp Duty 190,000 0 0 364,392 0 0 315,000 0 0 2,251,107 10 0 15,000 0 0 2,581,107 10 0 554,392 0 0 847 19 6 In reduction of Conversion Expenses,—■ Premium on sale of Inscribed Stock sold above par .. / • 4 Balance at end of Year, — Cash overdrawn Less advances in hands of Stock Agents,— Cash 2,537 6 6 325 13 9 2,211 12 9 S556.812 19 11 Totals £2,585,861 5 1