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Payments Securities redeomed and cancelled in terms of section 13 of the Repayment of the Public Debt Act, 1925— New Zealand Loans Act, 1932 — £ s. d. £ s. d. Debentures .. .. .. .. •. ■ • • • 100 0 0 Stock .. .. .. .. •• •• •• 2,317,775 0 0 Death-duty stock .. .. .. .. .. .. 102,605 0 0 2,420,480 0 0 Balance at end of year — Cash in the Public Account .. .. .. .. .. .. .. 909,312 10 5 £3,329,792 10 5

Statement of Securities redeemed and cancelled in Terms of Section 13 of the Repayment of the Public Debt Act, 1925, during the Financial Year 1943-44

* Various dates of redemption of death-duty stock. The capital accounts which have been relieved of liability due to the above redemptions are : — £ s. d. (1) Discharged Soldiers' Settlement Account .. .. .. 1,001 12 0 (2) Greyniouth Harbour Board Account .. . . .. 186 2 7 (3) Naval Defence Account .. .. .. .. 858,902 5 5 (4) Public Works Account .. .. .. .. .. 2,700 0 0 (5) War Expelises Account.. .. .. .. .. 82,445 0 0 (6) War Loans (1914-18) Account .. .. .. .. 1,012,470 0 0 (7) Exchange (Ordinary) Account .. .. .. .. 462,775 0 0 2,420,480 0 0 Vt Chairman, Public Debt Commission.

Approximate Cost of Paper.—Preparation, not given ; printing (452 copies), £4.

Authority: E. Y. Paul, Government Printer, Wellington.—l 944.

Price 3d.~\

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Nature of Security. Nominal Value. Cash utilized Rp^lptfon. £ £ Debentures 3f 15/11/41 100 100 15/8/41 Stock 3 15/7/41 750 750 15/7/41 3f 15/11/41 2,600 '2,600 15/8/41 4 15/3/43 ' 550 550 15/9/41 3>~ 1/1/45 1,070,500 1,070,500 1/7/43 3i 1/1/45 1,243,375 1,243,375 1/1/44 4 15/2/46 255 255 * 21 1/8/46 7,250 7,250 * 21 15/9/47 1,360 1,360 * 3 15/9/48 6,220 6,220 * 4 30/11/48 700 700 * > 2J 15/6/49 1,520 1,520 * 2| 1/10/53 7,385 7,385 * 3" 1/8/54 6,700 6,700 * 3 15/9/55 15,100 15,100 * 3 15/5/56 27,930 27,930 * 3 15/12/56 15,200 15,200 * 3| 15/9/60 12,985 12,985 * 2,420,480 2,420,480