8.—5

12

STATEMENT of the RECEIPTS and EXPENDITURE of the CONVERSION

STATEMENT of the RECEIPTS and EXPENDITURE of the NEW ZEALAND CONSOLS

1901-1902. { RECEIPTS. 1902-1903. £ s. d. 3,706 19 8 Balance at beginning of Year, — Cash in the Public Account In the hands of Stock Agents— Cash In the hands of the Agent-General — Cash £ s. d. £ s. d. 901 0 8 1,910 3 1 1,892 9 0 I 180 5 4 ; 4,703 12 9 3,887 4 7 50,000 0 0 7,000 0 0 327,147 0 0 3-per-cent. Inscribed Stock, — Issued for redemption of Debentures Issued for payment of conversion expenses . . Issued in exchange for Debentures 229,000 0 0 .. i 1,040 0 0 ! 230,040 0 0 384,147 0 0 Totals : £234,743 12 9 £388,03-1 4 7 j £234,743 12 9

£ s. d. Balance at beginning of Year, — 2,989 7 1 Cash in Deposit Account .. 456,400 0 0 Investment Account £ s. d. 224 7 1 468,100 0 0 £ s. d. 459,389 7 1 8,935 0 0 Deposits inscribed £468,324 7 1 Totals 468,324 7 1 4,231 14 0 £472,556 1 1