Financial Accounts




1070 THE NEW ZEALAND GAZECE. [No. 54

STAGEMENT OF THE RECEIPT AND EXPENDITURE OF THE CONVERSION ACCOUNT

RECEIPT

Inscribed Stock at 3 1/2 per cent.,—
Issued in exchange for debentures
Issued under "The Los Debentures Act, 1886, "
Issued to pay expences
Less already brought to account

Inscribed Stock at 4 per cent.,—
Issued in exchange for debentures
Issued to pay expences

Debentures (Colonial issue) issued under "The Consolidaed Stock Act, 1884," at 4 1/2 per cent.

Furher proceeds of Sale of 3 1/2 per cent. Insribed Stock
Furher proceeds of Sale of 4 per cent. on £13,900 received on Conversio of New Zealnd Consols in March, 1885

Temporary Advanc from Bank of England
In reduction of Conversio Expences,—
Transferr from Public Wors Fund: Chares and Expenses of raisig Loas—Loss arising from sales of 3 1/2 per cent. Stock below 94
Interes on unsold 3 1/2 per cent. Stock
Profit on purchase and sale of debentures in 1886-87
Preium on sale of £29,000 4 per cent. Insribed Stock, at 101 3/4

Balace at end of Year,—
*Cas overdrawn
Less in the hands of Stock Agents—
Cas
3 1/2 per cent. Insribed Stock

Totals

  • Again authority to create stock for expences of conversion.


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1893, No 54





✨ LLM interpretation of page content

💰 Account for the Year Ended 31st March 1893 (continued from previous page)

💰 Finance & Revenue
Conversion Account, Inscribed Stock, Debentures, Public Works Fund, Bank of England, Temporary Advances