B.—l

24

DISBURSEMENTS in respect of INTEREST and SINKING FUND— continued.

PUBLIC ACCOUNTS, 1900-1901.

Brought forward £ s. d. 1,381,652 18 8 £ s. d. £ s. d. 107,411 14 3 INTEREST AND SINKING FUND-continued. "The New Zealand Consolidated Stock Act, 1877 "—continued. Interest— continued. On £80,000 at 3 per cent., J year to 1 April, 1900 On £6,008,80910/at 3 „ \ „ to 1 October, On £6,103,80910/at 3 „ | „ to 1 April, 1901 On £45,000 at 3 per cent., \ year to 1 October, 1900 .. .. .. £675 0 0 Less income-tax .. .. 33 15 0 1,200 0 0 90,132 2 10 91,557 2 10 641 5 0 Less— Interest recovered in respeot of Cheviot Estate debentures— On £253,318, at 3£ per cent., 1 year to 31 December, 1900 .. Overlap of interest consequent on conversions— Interest on 3-per-cent. Stock— On £40,727 from 1 April to 15 April, 1899, converting 5-per-cent. Consols .. 50 4 2 On £2,916 from 1 April to 15 April, 1899, converting debentures of " The General Purposes Loan Act, 1873," and "The Immigration and Public Works Loan Act, 1870 " .. .. 3 11 10 On £585 from 1 April to 15 July, 1899, converting 5-per-cent debentures of "The New Zealand Loan Act, 1863" 5 1 10 On £50,000 from 1 April to 1 October, 1899, converting debentures of " The Naval and Military Settlers' and Volunteers' Land Act, 1890," "The Land for Settlements Act, 1892," and " The Native Land Purchase Act, 1892" .. .. .. .. 750 0 0 On £55,000 from 1 October to 31 October, 1899, converting debentures of " The Naval and Military Settlers' and Volunteers' Land Act, 1892," "The Land lor Settlements Act, 1892," and " The Native Land Purchase Act, 1892" .. .. .. .. 137 10 0 1,565,183 9 4 8,866 2 6l 946 7 10 Interest received in respect of Stock held for sale by Consolidated Fund Investment Account Income-tax repaid in respect of dividends held by the Government Departments.. 2,449 14 4 Less amount paid to Advances to Settlers Office .. .. .. 15 14 9 3,496 10 8 2,433 19 7 Accumulated fractions of interest repaid to the Public Account— On 4 per cent. .. .. .. 49 0 4 On 3J „ .. .. .. 11 4 1 On 3 „ .. .. .. 4 13 10 64 18 3 Interest recovered from Advances to Settlers Office— On £2,000,000 at 3 per cent., 1 year to 1 April, 1901 .. .. 60,000 0 0 On £105,000 at 3 per cent., J year to 1 October, 1900 .. .. 1,575 0 0 On £240,000 at 3 per cent., \ year to 1 April, 1901 .. .. 3,600 0 0 65,175 0 0 80,982 18 10 Less inoome-tax to be recovered in respect of Government Departments—Interest paid in full by Treasury 3,201 10 3 77,781 8 7 1,487,402 0 9 Carried forward 11,594,813 15 0