1660 THE NEW ZEALAND GAZETTE. [No. 39

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

DISCHARGED SOLDIERS SETTLEMENT

1923-1924.                               RECEIPTS.                                   1924-1925.
---------------------------------------------------------------------------------------------------------
                                                                                    £       s. d.      £       s. d.
£       s. d.
  5,939  6  8    Balance at beginning of Year.—
150,000  0  0    Cash in the Public Account         ..      ..      ..                1,393  14  1
                 Investment Account               ..      ..      ..              211,250   0  0
---------------                                                                     --------------- 
155,939  6  8                                                                                            212,643 14  1

     90 17  3    Profit on Sales of British War-loan Stock  ..      ..

  6,613 10  2    Interest on Securities held by Investment Account ..                                          9,091  0  8

 50,000  0  0    Discharged Soldiers Settlement Loans Act, 1920, Section 7,—
                 Transfer from the Consolidated Fund      ..      ..                                         50,000  0  0

---------------
£212,643 14  1   Totals                           ..      ..                                                £271,734 14  9
===============

EDUCATION LOANS

1923-1924.                                                                          1924-1925.
---------------------------------------------------------------------------------------------------------
£       s. d.                                                                       £      s. d.       £       s. d.
  9,825 12  8    Balance at beginning of Year,—
                 Cash in the Public Account         ..      ..      ..                6,550  8  6
                 Imprests outstanding—
                   In the Dominion                  ..      ..      ..                  782 12  0
233,800  0  0     Investment Account                 ..      ..      ..               41,100  0  0
---------------                                                                       -------------
243,625 12  8                                                                                             48,433  0  6

                 Credits in reduction of expenditure under Section 3 of the Education Purposes
                 Loans Act, 1919                    ..      ..                                             14,615 11 10

100,000  0  0    Appropriation Act, 1923, Section 15,—
                 Transfer from Consolidated Fund (Ordinary Revenue Account) ..      ..

                 New Zealand Loans Act, 1908,—
                   Education Purposes Loans Act, 1919—
                     New Zealand Consolidated Stock, 1944—
                       4½ per cent. Inscribed Stock issued ..      ..                               250,000  0  0
                     New Zealand Consolidated Stock, 1935/1945—
                       5-per-cent. Inscribed Stock issued in respect of Amount required to cover
                         Stamp Duty on Transfers        ..      ..      ..                               233 19  3
   288   0  4      Debentures issued              ..      ..      ..                             290,000  0  0
   200   0  0                                                                                         -----------
   ---------                                                                                                     540,233 19  3
   488   0  4

---------------
£344,113 13  0   Totals                             ..      ..                                                £603,282 11  7
===============

NOTE.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as formerly.
For the purposes of comparison a summary showing the net expenditure will be found on page 1709.