8.—6.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION ACCOUNT for the Year ended 31st March, 1902, compared with the Financial Year ended 31st March, 1901.

ACCOUNT for the Year ended 31st March, 1902, compared with the Financial Year ended 31st March, 1901.

11

EXPENDITURE. 19019O2. 19OO-19O1. £ s. d. £ s. a. £ s. d. 50,400 0 0 290 0 0 Debentures redeemed, — Consolidated Loan Act, 1867, 5 per cent. .. .. •• •• •• Naval and Military Settlers and Volunteers Land Act, 1892, due 81st Ootober, 1899 Otago Loan, 1862, 6 per cent. 50,900 0 0 30 0 0 400 0 0 51,330 0 0 50,690 0 0 "Government Loans to Local Bodies Act, 1886," debentures, due 31st December, 1900 509,500 0 0 Debentures converted into 3-per-cent. Inscribed Stock,— Amount Kate premium converted. per Cent. Land for Settlement, Act, 1894 .. .. 39*900 .. 1OB .. 1,197 Aid to Public Works and Land Settlement Act J 25o'000 ..• Par 324,900 2,247 327,147 0 0 45 0 0 450 0 0 1,550 2 0 946 7 10 220 7 6 112 10 0 327,147 0 0 Expenses Account, — Brokerage and Commission Discount .. • • • • • ■ • • • • ■ Stamp Duty Interest (including overlap of interest) Office Expenses Bents Law charges Honorarium to officers .. .. • • ■ • • • 135 0 0 1,690 1 0 838 12 9 1,458 4 7 231 5 6 90 0 0 62 8 0 348 0 0 4,853 11 10 3,324 7 4 * Balance at end of Year, — Cash in the Public Account In the hands of Stock AgentsCash .. In the hands of the Agent-General— Cash .. 901 0 8 3,706 19 3 180 5 4 1,910 3 1 1,892 9 0 4,703 12 9 3,887 4 7 Totals £388,034 4 7 £567,401 11 11'

EXPENDITURE. 19O1-' 9O2. 19OO-19O1, £ si a. £ s. a. £ s. a. 2,989 7 1 456,400 0 0 Balance at end of Year, — Cash in Deposit Account.. Investment Account 224 7 1 468,100 0 0 468,324 7 1 459,889 7 1 Totals £468,324 7 1 £459,389 7 1