B.—l [PT. I].

PUBLIC ACCOUNTS, 19 3 7-1938.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1938, compared with the Year ended 31st March, 1937—continued.

20

nsDED 31st March, RECEIPTS Year ended 31st March, 1937. ' ly£ >o- £ s. d. Balances at beginning of Year, — £ s. d £ s d 262,037 15 0 Cash .. .. .... .. .... .. .. .. 74,519 5 9 Investment Account— 322,545 0 0 Securities held 17,480,746 4 8 Securities issued in renewal or conversion of Loans .. .. .. .. .. 10,385.976 2 7 637,692 15 4 Securities issued to cover Costs, Ofcarges, and Expenses of Conversion .. .. .. 185 0 0 72,340 0 0 Ordinary Stock issued in exchange or replacement of Death Duty Stock .. .. .. 39,655 0 0 169,905 0 0 Stock issued in exchange for Debentures .. .. .. .. .. .. 113,665 0 0 Debentures issued in exchange for Stock .. .. .. .. .. .. 420 0 0 2,935 0 0 Ordinary Stock issued in replacement of Tax-free Stock .. Amount received in respect of War Expenses to be applied in repayment of War 2,875 12 3 Loans .. .. .. .. .. .. .. .. .. 8,697 19 8 2,012 16 3 Amount received on account of New Zealand's share of German Reparations .. .. 5,478 3 6 Amount transferred from Ordinary Revenue Account for Redemption of Loans, —• 11,095 3 0 Main Highways Account 10,710 0 0 Fruit-preserving Industry Account .. .. .. .. ,. 11,615 12 4 14,310 0 0 Cold Storage Advances Account .. .. .. .. .. .. 421 30,000 0 0 General Purposes Relief Account .. .. .. .. .. .. 40,000 0 0 — — —— 51,619 14 5 66,115 3 0 Amount received from Main Highways Account for Redemption of Main 93,567 0 0 Highways Loans .. .. .. .. .. .. .. .. 99,99200 i Amount received from the Public Trustee on account of Sinking-fund moneys held in respect of Grey mouth Harbour Loans .. .. .. ,. .. .. 111,813 17 5 Amount received from the Public Debt Redemption Fund for redemption of securities .. .. .. .. .. .. .. .. .. 4,000,000 0 0 Amount received from the sale of State Advances Corporation Stock .. .. .. 3,250,000 0 0 Transfer of balance of the Discharged Soldiers Settlement Account to be used for redemption of securities .. .. .. .. .. .. .. .. 539,192 6 8 Amount received from State Advances Office for redemption of securities at or before maturity,— 864,730 0 0 Settlers Branch .. .. .. ., .. .. 40,365 14 11 108,920 0 0 Workers Branch Miscellaneous Branch .. .. .. .. .. ,, 19,480 5 7 j Rural Advances Branch .. .. .. .. .. .. .. 31,500 0 0 — — 91,346 0- 6 973,650 0 0 I Amount received from the British Phosphate Commission for the redemption of Nauru and Ocean Islands Securities in terms of Section 13 (4) of the Finance 30,020 8 10 Act, 1932 .. .. .. .. .. .. .. .. .. 30,892 2 2 Amount transferred from the Samoan Loan Sinking Fund for the redemption .. 4,245 0 0 8,270 0 0 before maturity of securities issued in respect of Samoan Loan Suspense Account .. 500 0 0 Amount received from Samoan Treasury Account for redemption of loans £20,124,712 15 4 Totals .. .. .. .. .. .. j .. £.18,808,197 12 8 _ | 1— =|