May 28.] THE NEW ZEALAND GAZETTE. 1679
Year ended 31st March, 1925, compared with the Year ended 31st March, 1924—continued.
ACCOUNT—continued.
| 1923-1924. | EXPENDITURE. | 1924-1925. |
| --- | --- | --- |
| NET. | | £ s. d. £ s. d. |
| £ s. d. | Brought forward | .. .. .. .. .. .. .. |
| 1,308,380 0 0 | 5-per-cent. Stock Certificates replaced by Inscribed Stock under the Finance Act, 1922, Section 3,— | .. 513,850 0 0 |
| | New Zealand Loans Act, 1908— | |
| 200 0 0 | Finance Act, 1918, Section 10 (War Expenses), (due 20th April, 1929) | .. |
| 200 0 0 | War Purposes Loan Act, 1917 (due 15th November, 1927) .. | .. |
| 400 0 0 | | .. |
| | 4½-per-cent. Stock Certificates replaced by Inscribed Stock under the Finance Act, 1922, Section 3,— | |
| | New Zealand Loans Act, 1908— | |
| 500 0 0 | Finance Act, 1918, Section 10 (War Expenses), (due 20th April, 1939) | .. |
| 100 0 0 | War Purposes Loan Act, 1917 (due 15th November, 1938) .. | .. |
| 600 0 0 | | .. |
| | Securities redeemed and cancelled in terms of Section 24 of the Finance Act, 1921–22,— | |
| | Inscribed Stock under— | |
| | New Zealand Loans Act, 1908— | |
| .. | New Zealand Consolidated Stock, 1929 (nominal value, £350,000) .. | 334,236 15 2 |
| 1,500 0 0 | New Zealand Inscribed Stock Act, 1917— | |
| 31,000 0 0 | Discharged Soldiers Settlement Loans Act, 1920— | |
| 55,180 0 0 | 5½-per-cent. Inscribed Stock, 1933 .. .. .. .. .. | .. |
| .. | Electric-power Works Loan Act, 1919— | |
| .. | 5-per-cent. Inscribed Stock, 1930 .. .. .. .. .. | .. |
| 700 0 0 | Finance Act, 1916, Section 35 (War Expenses)— | |
| .. | 4½-per-cent. Inscribed Stock, 1938 (nominal value, £57,100) .. | .. |
| .. | 4½-per-cent. Inscribed Stock 1930 (nominal value, £50) .. | .. .. 48 12 6 |
| .. | 4½-per-cent. Inscribed Stock, 1938 (nominal value, £54,930) .. | .. .. 53,152 5 6 |
| 126,334 5 0 | 6-per-cent. Inscribed Stock, 1926 .. .. .. .. .. | .. |
| .. | Finance Act, 1918, Section 10 (War Expenses)— | |
| .. | 5-per-cent. Inscribed Stock, 1928 .. .. .. .. .. | .. .. 1,900 0 0 |
| .. | 4½-per-cent. Inscribed Stock, 1938 .. .. .. .. .. | .. .. 2,380 0 0 |
| 5,000 0 0 | 4½-per-cent. Inscribed Stock, 1939 (nominal value, (£28,440) .. | .. .. 28,050 5 0 |
| .. | 4½-per-cent. Inscribed Stock, 1939 (nominal value, £127,800) .. | .. |
| .. | Finance Act, 1918 (No. 2), Part IV (War Expenses)— | 970 0 0 |
| .. | 4½-per-cent. Inscribed Stock, 1939 (nominal value, £1,000) .. | .. |
| 5,000 0 0 | Native Land Amendment Act, 1913— | |
| .. | 4½-per-cent. Inscribed Stock, 1926 .. .. .. .. .. | .. |
| .. | War Purposes Loan Act, 1917— | |
| .. | 5½-per-cent. Inscribed Stock, 1927 .. .. .. .. .. | .. .. 2,680 0 0 |
| .. | 5-per-cent. Inscribed Stock, 1927 (nominal value, £500) .. | .. .. 489 7 6 |
| .. | 4½-per-cent. Inscribed Stock, 1938 (nominal value, £296,016) .. | .. .. 293,430 10 10 |
| 860,556 0 0 | 5¼-per-cent. Inscribed Stock, 1941 .. .. .. .. .. | .. .. 55,890 0 0 |
| 292 10 0 | 4½-per-cent. Inscribed Stock, 1938 (nominal value, £863,400) .. | .. |
| 1,080,562 15 0 | 5-per-cent. Inscribed Stock, 1927 (nominal value, £300) .. | .. |
| 2,389,942 15 0 | Carried forward .. .. .. .. .. .. | .. 1,287,077 16 6 |

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.