CO129-576-10 Estimates 1940 6-10-1939 - 22-10-1940 — Page 148

165 A

104

Head 22.-PUBLIC DEBT

Head 22.-CHARGE ON ACCOUNT OF

PUBLIC DEBT

Approved Estimate, 1939.

Estimate, 1940-41.

Sub-heads:

1 Interest on 4% Conversion Loan ($4,838,000)

Sinking Fund on above.....

193,520 166,911

290.280 (1) 166,911

360,431

457,191

2 Interest on 31% Dollar Loan ($11,200,000 outstanding 1940)| 411,600

Interest on 3% Dollar Loan ($10,640,000 outstanding 1941) Redemption of Bonds (1/25 of $14,000,000 Third drawing)...

560,000

392,000 (2) 186,200 (3) 560,000

971,600

1,138,200

Total Public Debt

1,332,031

1,595,391

(1) Provision made for interest due

1.8.40 and 1.2.41.

on 1.2.40,

(2) Reduced amount outstanding.

(3) Interest due on 15.1.41.