§ MR. MOONEY (Newry)To ask the Secretary to the Treasury if he will state in detail how the sum of £102,000 paid from the Irish Development Grant to the income account of the Irish Land Purchase Fund has been expended.
§ (Answered by Mr. Runciman) The sum of £102,000 has been used in making good the deficiencies on the income account of the Irish Land Purchase Fund up to 31st March, 1906. These deficiencies have been due to—
£ | |
Unearned dividend on issues of stock | 63,200 |
Advance dividend | 19,900 |
Unproductive balances, etc. | 18,900 |