Head 26.-PUBLIC DEBT
103
Estimate, 1946-1947. Estimate, 1947-1948.
Sub-heads.
**e
$
1 Interest on 4% Conversion Loan ($4,838,000)
Sinking Fund on above
193,520 166,911
193,520
166,911
360,431
360,431
2 Interest on 34% Dollar Loan, 1934
Redemption of Bonds (1/25th of $14,000,000)
303,800
294,000
2,800,000
560,000
3,103,800
854,000
3 Interest on 34% Dollar Loan, 1940
160,369
152,117
Redemption of Bonds (1/25 of $11,790,000)
2,358,000
471,600
2,518,369
4 Interest and Redemption on Proposed New Loan
623,717 6,000,000
Total Public Debt
5,982,600
7,838,148