2022
THE NEW ZEALAND GAZETTE.
[No. 76

STATEMENT of the RECEIPTS and EXPENDITURE of the WAR EXPENSES ACCOUNT

RECEIPTS.

1916–1917.

£ s. d.
199,159 18 6
336,645 18 3
515,831 3 9
..
1,051,636 15 6

Balance at beginning of Year,–
Cash in the Public Account .. .. .. .. .. .. 1,327,473 12 9
Imprests in the hands of Officers of the Government.. .. .. .. .. 312,287 13 2
In London .. .. .. .. .. .. 644,541 14 8
Investment Account .. .. .. .. .. .. 2,278,459 2 2

1917–1918.

£ s. d.
£ s. d.
4,562,762 2 9

New Zealand Loans Act, 1908, and Amendment Act, 1915,–
War Purposes Loan Act, 1917, and War Purposes Loan Act, 1917 (No. 2)–
£
4½-per-cent. War Bonds issued on account of £28,000,000 Loan
Advance by Imperial Government on Security of Memorandum
of Security (part of £28,000,000 Loan) .. .. .. 4,497,200
4,830,000

9,327,200 0 0

New Zealand Inscribed Stock Act, 1917,–
4½-per-cent. Inscribed Stock issued on account of £28,000,000
Loan .. .. .. .. .. .. 6,310,075
4½-per-cent. Inscribed Stock issued on account of £28,000,000
Loan (Death Duties) .. .. .. .. .. .. 829,525

7,139,600 0 0

Finance Act, 1917, Section 68,–
5-per-cent. War Bonds issued on account of £28,000,000 Loan .. .. 1,542,500 0 0

18,009,300 0 0

New Zealand Loans Act, 1908,–
Finance Act, 1916 (Section 35)–
Amount received on account of £16,000,000 Loan .. .. .. .. 1,120,000 0 0
Amount received on account of £16,000,000 Loan under New Zealand Loans
Amendment Act, 1915, and Finance Act, 1916 (Section 37) .. .. 312,500 0 0

1,432,500 0 0

10,122,050 0 0

New Zealand Loans Acts, 1908 and 1915, and Amendments,–
Finance Acts, 1916, and Appropriation Act, 1917 (Section 27)–
4½-per-cent. War Bonds issued on account of £16,000,000 Loan .. .. .. 17,900 0 0

10,122,050 0 0

Public Revenues Amendment Act, 1915 (No. 2), (Section 6),–
Amount received for Remittances to Soldiers .. .. .. .. 132,244 2 6
Remittances received from Soldiers .. .. .. .. 7,258 8 5

139,502 10 11

77,682 15 11
6,564 17 6

84,247 13 5

Contributions, &c., received towards War Expenses Fund .. .. .. .. 1,157 4 0

5,405 0 2

New Zealand Loans Act, 1903,–
Finance Act, 1916 (Section 35)–
Memorandum of Security issued to Imperial Government in respect of War
Advances (part of £16,000,000 Loan) .. .. .. .. .. ..

4,500,000 0 0

New Zealand Loans Act, 1908,–
Public Revenues Amendment Act, 1915 (Section 5)–
Amount received on account of £10,000,000 Loan .. .. .. .. ..
Securities issued to cover Expenses of raising £800,000 (part of £10,000,000
Loan) formerly advanced on security of Reserve Fund Securities .. ..

3,970,000 0 0
20,839 19 5

3,990,839 19 5

New Zealand Loans Act, 1908,–
Memorandum of Security issued at 4½ per cent. in respect of War Advances in
replacement of 3½ per cent. security cancelled owing to conversions as per
contra–
Public Revenues Amendment Act, 1915 (Section 5)–
Public Revenues Amendment Act, 1915 (No. 2), (Section 2) .. .. .. ..

303,030 6 2

Treasury Bills issued at 3½ per cent. and 4½ per cent. in respect of War Ad-
ances in replacement of Treasury Bills at 3½ per cent. cancelled owing to
conversions as per contra–
Public Revenues Amendment Act, 1915 (No. 2), (Section 9), and Public
Revenues Amendment Act, 1914 (Section 8) .. .. .. .. .. ..

2,067,410 19 0

Charges and Expenses, being amounts representing discount on War Advances
now reduced owing to conversion by Imperial Government of 80 per cent.
of loan repayable at the rate of £100 for every £95 advanced, into loan
repayable at the rate of £100 for every £99 advanced–
Public Revenues Amendment Act, 1915 (No. 2), (Section 9), and Public
Revenues Amendment Act, 1914 (Section 8) .. .. .. .. .. ..
Public Revenues Amendment Act, 1915 (Section 5), and Public Revenues
Amendment Act, 1915 (No. 2), (Section 2) .. .. .. .. .. ..

37,852 4 2
12,759 3 3

50,611 7 5

£22 175,232 1 1

Totals .. .. .. .. .. .. £24,163,121 17 8