PAPERS RELATIVE TO THE SINKING FUNDS OF THE THREE MILLION LOAN. (Being details of transactions, the results of which are shown in Paper laid before Parliament on the 9th of June. B.—No. 5.)

Appendix to the Journals of the House of Representatives, 1869 Session I, B-05a

B.—No. sa.

PAPERS RELATIVE TO THE SINKING FUNDS OF THE THREE MILLION LOAN. (Being details of transactions, the results of which are shown in Paper laid before Parliament on the 9th of June. B. — No. 5.)

PRESENTED TO BOTH HOUSES OP THE GENERAL ASSEMBLY, BY COMMANB OF HIS EXCELLENCY.

WELLINGTON. 1869.

B.—No. sa.

No. 1. Messrs. Juxyan and Sabgeaunt, as Trustees, in Account with the G-oveknment of New Zealand, in respect of a Sinking Fund for the redemption of £994,600 six per cent. Debentures, issued under " The New Zealand Loan Act, 1863," to be paid off as follows, viz., £500,000 on 15th March, 1891, and £494,600 on 15th June, 1891, by half-yearly Investments of a sum equal to two per cent, per annum on the total amount issued.

For the period from Ist January to 31st December, 1867.

PAPERS RELATIVE TO THE SINKING FUNDS OF THE THREE MILLION LOAN.

1867. De. £ s. d. £ s. d. Jan. 21.—To six months' dividend due 1st January, on £4,700 Victoria Government six per cent. Debentures 141 0 0 Less Income Tax at 4d 2 7 0 1867. Ck. £ s. d. £ a. d. Jan. 31.—By amount invested in the purchase of £152 lis. 6d. three per cent. Consols at 90£ 138 9 2 Brokerage 0 3 10 — 138 13 0 138 13 0 „ 30. —To six months' dividend due 5th January, on £8816s. lOd. three per cent. Consols 16 8 Less Income Tax at 4d 0 0 5 By amount invested in the purchase of £1 7s. 4d. three per cent. Consols at 90J 14 9 Brokerage... ... 016 • 16 3 16 3 May 15.—To six months' dividend due 15th May, on £900 Ceylon Government Debentures (1872) ... 27 0 0 Less Income Tax at 4d 0 9 0 26 11 0 July 9. —To six months' dividend due 1st July, on £4,700 Victoria Government D ebentures 141 0 0 Less Income Tax at 4d 2 7 0 July 23. —By amount invested in the purchase of £28 17s. lid. three per cent. Consols at 94| 27 6 10 Brokerage... ... 0 16 ■ 27 8 4 „ 30.—By amount invested in the purchase of £300 Antigua Government six per cent. Debentures at £100 (1885), Nos. 70 to 72; three bonds of £100 each 300 0 0 Nov. 21. —By amount deposited in City Bank at interest until required for investment 13,500 0 0 Dec. 10. —By amount invested in the purchase of £12,500 Ceylon Government six per cent. Debentures at £108 13s. 6d., Nos. 795 to 800; six bonds of £500 each, 445 to 450; six bonds of £300 each, Nos. 522 to 546; twenty-five bonds at £200 each, 863 to 886, and 933 to 935; twenty-seven bonds of £100 each 13,584 7 6 „ 31.- —By Balance uninvested 4,977 9 10 138 13 0 „ 15.—To six months' dividend due 5th Julv, on £242 15s. 8d. three per cent. Consols 3 12 9 Less Income Tax at 4d 0 12 3 11 7 ,, 15. —To six months' dividend due 5th July, on £58 17s. Id. three per cent. Consols... 0 17 7 Less Income Tax at 4d 0 0 3 0 17 4 „ 22.—To proceeds of sale of £193 9s. 9d. three per cent. Consols at 94| per cent, ... 183 1 9 Power of Attorney , pa Brokerage 0 4 10 J 181 15 5 Nov. 15.—To six months' dividend due 15th November, on £300 Antigua Government Debentures (1885) 9 0 0 Less Income Tax at 4d 0 3 0 8 17 0 Carried forward 32,529 4 11 Carried forward ... ... ... 500 4 7

B.—No. sa.

De. £ s. d. £ s. d. £ g. d. 1867. Brought forward 500 4 7 Brought forward 32,529 411 Not. 16. —To six months' dividend on £900 Ceylon G-overnment Debentures (1872) 27 0 0 Less Income Tax at 4d 0 9 0 26 11 0 „ 21. —To twelve months' contribution on £500,000 (£5,000 due 15th March, and £500 15th September, 1867) received from Crown Agents ...10,000 0 0 To six months' contribution on £350,000, due 15th June, 1867, received from Crown Agents ... 3,500 0 0 Dec. 10. —To City Bank, in repayment of deposit 13,500 0 0 To City Bank, Interest on £13,500 from 22nd November to 10th December, 1867 7 9 10 „ 10. —To proceeds of sale of £53 18s. three per cent. Consols at 93 £50 2 6 Power of Attorney £116} ■, on Brokerage 0 1 6 ) (Q 1Q g „ 24. —To six months' contribution on £494,600, due 15th December, 1867, received from the Crown Agents 4,946 0 0 £32,529 4 11 £32,529 4 11

P. Gγ. JIJLYAN, |m , London, 18th January, 1868. W. C. Sabgbaottt, j lrUBtees - N.B. —The above Balance has since been invested in New South Wales Government five per cent. Debentures. Absteact of Investments made by the Teiistees on the foregoing Account, from the commencement up to 31st December, 1867. c, , a ... • , • , , j Purchase Money Stock or Securities stock or securities m which placed. -j J X 11 £ s. d. £ s. d. Victoria Government six per cent. Debentures ... ... ... ... ... 4,940 17 6 4,700 0 0 Antigua ditto ditto 300 0 0 300 0 0 Ceylon ditto ditto 14,531 12 6 13,400 0 0 Total 19,772 10 0 18,400 0 0 P. Gr. JIILYAU, ") „ , London, 18th January, 1868. W. C. Saegeatkt, j J-™ Bl^B - No. 2. Messrs. Julyan and Sabgeaunt as Trustees, in account with the G-oveenhent of New Zealand, in respect of a Sinking Fund for the redemption of £500,000 four per cent. Debentures issued under " The New Zealand Loan Act, 1863," to be paid off on the Ist November, 1915, by half-yearly investments of a sum equal to one per cent, per annum on the total amount issued. For the period from Ist January to 31s£ December, 1867. 1867. Dk. £ s. d. £ s. d. 1867. Cβ. £ s. d. £ s. d. Jan. 21..—T0 six months' divi- Jan. 81.—By amount invested dend due Ist Janu- in the purchase of ary, on £2,000 Vie- £64 18s. 6d. three toria Government per cent. Consols, at Debentures ... 60 0 0 90f ... ... 58 18 4 Less Income Tax at Brokerage ... 018 4d. ... ... 10 0 59 0 0 59 0 o Carried forward ... £59 0 0 Carried forward ... £59 0 0

Absteact of Investments made by the Tetistees on tlie foregoing Account, from the commencement up to 31st December, 1867.

P. Gr. JIILYAU, ") T f London, 18th January, 1868. W. C. Saegeatot, ) J- 1-1181668 -

No. 2. Messrs. Jtjltan and Sabgeatjnt as Trustees, in account with the G-oteenment of New Zealand, in respect of a Sinking Fund for the redemption of £500,000 four per cent. Debentures issued under " The New Zealand Loan Act, 1863," to be paid off on the Ist November, 1915, by half-yeariv investments of a sum equal to one per cent, per annum on the total amount issued.

For the period from 1st January to 31«5 December, 1867. 1867. Dk. £ s. d. £ s. d. 1867. Cβ. £ a. d. £ s. d. Jan. 21.-—To six months' divi- Jan. 31. —By amount invested dend duo 1st Janu- in the purchase of ary, on £2,000 Vie- £64 18s. 6d. three toria Government per cent. Consols, at Dehenturcs ... GO 0 0 90| ... ... 58 18 4 Less Income Tax at Brokerage ... 018 4d. ... ... 10 0 59 0 0 59 0 o Carried forward ... £59 0 0 Carried forward ... £59 0 0

4

PAPERS RELATIVE TO THE SINKING FUNDS

Stock or Securities in which placed. Purchase Money paid. Stock or Securities held. £ s. d. £ s. d. Victoria Government six per cent. Debentures Antigua ditto ditto Ceylon ditto ditto 4,940 17 6 300 0 0 14,531 12 6 4,700 0 .0 300 0 0 13,400 0 0 Total 19,772 10 0 18,400 0 0

B.—No. sa.

£ 8. d. £ s. d. £ s. d. £ s. d. 1867. Brought forward 59 0 0 1867. Brought forward st> 0 0 Jan. 30. —To six months' divi- Jan. 31.—8y amount invested dend due sth Janu- in the purchase of ary, on £53 ss. 9d., £0 15s. 7d. three per three per cent. Con- cent. Consols, at 90J 0 14 2 sols. ... ... 015 11 Brokerage ... 0 16 Less Income Tax at 0 15 8 4d 0 0 3 July 30.—8y amount invested 0 15 8 in the purchase of May 15. —-To six months divi- £200, Antigua Godend due 15th May, vernmentsixpercent. on £2,800 Ceylon Debentures (1885), G-overnment De- at £100. Nos. 68 bentures, 1872 ... 84 0 0 and 69, two bonds Less Income Tax at of £100 each ... 200 0 0 4d 18 0 Not. 21. —By amount deposited 82 12 0 in City Bank until July 9.—To six months' divi- required for investdend due Ist July, ment ... ... 5,000 0 0 on £2,000 Victoria Dec. 10. —By amount invested Government Deben- in the purchase of tures ... ... 60 0 0 £4,700 Ceylon GoLess Income Tax at vernment Deben--4d 10 0 tures at £10813s. 6d. 59 0 0 Nos. 567 to 589, „ 15.—T0 six months' divi- twenty-three bonds dend due sth July, of £200 each, and on £118 19s. 10d. 897 of £100 ... 5,107 14 6 three per cent. Consols. ... ... 115 8 £10,367 10 2 Less Income Tax at „ 31. —By balance uninvested . 14 5 5 4d 0 0 6 115 2 ~ 22.—T0 proceeds of sale of £76 17s. 6d. three per cent. Consols, at 94f ... ... 72 14 10 Less brokerage ... 020 72 12 10 Nov. 16.—T0 six months' dividend due 15th November, on £200 Antigua Government Debentures (1885)... GOO Less Income Tax at 4d 0 2 0 5 18 0 „ 16. —To six months' dividend on £2,800 Ceylon Government Debentures (1872) ... 84 0 0 Less Income Tax at 4d 18 0 82 12 0 „ 21.—T0 twelve months' contribution on £500,000 (£2,500 due Ist May, 1867, and £2,500 due Ist November, 1867), received from the Crown Agents ... ... 5,000 0 0 Dec. 10. —To City Bank, in repayment of deposit ... ... ... 5,000 0 0 „ To City Bank, interest on £5,000, from 22nd November to 10th December, 1867 ... ... 2 15 5 ~ To proceeds of sale of £16 9s. three per cent. Consols, at 93 per ce:it.... ... £15 6 0 Lees Income Tax at 4d 0 16 15 4 6 £10,382 5 7 £10,382 5 7 London, 18th January, 1868. P. Gr, Jitlyax" and W. Sebgeatot, Trustees.

Abstract of Investments made by the Trustees on the foregoing Account, from the commencement up to 31st December, 1867.

London, 18th January, 1868. P. G-. Julyan and "W". C. Seegeaunt, Trustees. 2

5

OE THE THREE MILLION LOAN.

Stock or Securities in which placed. Purchase Money paid. Stock or Securities held. !eylon Government six per cent Debentures 'ictoria do. do. Liitigua do. do. 'hreo per cent. Consols. £ s. d. 8,098 14 6 2,102 10 0 200 0 0 34 15 8 £ s. d. 7,500 0 0 2,000 0 0 200 0 0 38 6 7 10,436 0 2 9,738 6 7

B.—No. sa.

No. 3. Messrs. Jttlyan and Saegeattnt, as Trustees, in Account with the Government of New Zealand, in respect of a Sinking Fund for the redemption of £1,000,000 five per cent. Debentures issued under " The New Zealand Loan Act, 1863," to be paid off on the 15th July, 1914, by half-yearly investments of a sum equal to one per cent, per annum on the total amount issued. For the period from Ist January to 2>\st December, 1867. 1867. Dβ. £ s. d. £ s. d. 1867. £ s. d. £ s. A, Jan. 11. —To six months' divi- Jan. 15. —By amount invested dend due Ist Jan., in the purchase of on £6,300 Queens- £3,100 Ceylon Goland Government vernment six per Debentures ... 189 0 0 cent. Debentures at less Income Tax at £105 (1872), Nos. 4d 3 3 0 511 to 541; thirty- . 185 17 0 one bonds of £100 „ 15. —To six months' contribution on each ... ... 3,255 0 0 £1,000,000, due 15th January, Brokerage 7 15 0 1867, received from the Crown 3,262 15 0 Agents ... ... ... ... 5,000 0 0 ~ 31.—8y amount invested „ 30.—T0 six months' divi- in the purchase of dend due sth Janu- £1,800 Victoria Goary, on £107 9s. 7d. vernment six per three per cent. Con- cent. Debentures at sols £1 12 4 £105, Nos. 4,172 to Less Income Tax at 4,174, three bonds 4d 0 0 7 of £500 each; and 1 11 9 1,294 to 1,296, three April 16.—T0 six months' divi- bonds of £100 each 1,890 0 0 dendduelsthApril, Brokerage... ... 4 10 0 on £11,600 Cape 1,894 10 0 (Kowie Harbour) By amount invested Debentures ... 348 0 0 in the purchase of Less Income Tax at £31 7s. three per 4d 5 16 0 cent. Consols at 91 28 10 6 342 4 0 Brokerage 0 16 May 15.—T0 six months' divi- 28 12 0 dend due 15th May, By amount invested on £3,500 Ceylon . in the purchase of Government Do- £1 13s. 3d. three benturcs (1872) ... 105 0 0 per cent. Consols at Less Income Tax at 90J 1 10 3 4d 1 15 0 Brokerage 0 16 103 5 0 ■ 1 11 9 To six months' divi- July 30. —By amount inveeted in the purdend due 15th May, chase of £900 Antigua Governon £3,500 Natal ment six per oent. Debentures at GovernmentDeben- 100 (1885), Nos. 59 to 67 ; nine tures (1896), Coolie bonds of £100 each 900 0 0 Immigration ... 105 0 0 Nov. 21. —By amount deposited in City Bank Less Income Tax at until required for investment ... 5,000 0 0 4d. ... ... 1 15 0 Dec. 10.—By amount invested in the pur- . 103 5 0 chase of £5,000 Ceylon GovernJuly 9. —To six months' divi- ment six per cent. Debentures at dend due Ist July, £108 13s. 6d., Nos. 547 to 566, on £6,300 Queens- twenty bonds of £200 each; and land Government 877 to 896, ten bonds of £100 caeh 5,433 15 0 Debentures ... 189 0 0 ■ Less Income Tax... 3 3 0 16,521 3 9 ■ — 185 17 0 „ 31.—8y Balance uninvested 108 5 5 To six months' dividend due Ist July, on £1,800 Victoria Government Debentures ... ... 54 0 0 Less Income Tax at 4d 0 18 0 - ■ 53 2 0 „ 15. —To six months' dividend due sth July, on £140 15s. 7d. three per cent. Consols 2 2 2 Less Income Tax at 4d 0 0 7 ■ 2 17 ■„ 22.—T0 proceeds of sale of £78 11s. lid. three per cent. Consols at 94f ... 74 7 5 Less Income Tax at 4d 0 2 0 74 5 5 Carried forward 6,051 8 9 Carried forward 16,629 9 2

6

PAPERS RELATIVE TO THE SINKING EUNDS

B—No. 3a.

Dr. £ s. d. £ s. d. Ob. £ s. d. 1867. Brought forward 6,051 8 0 1867. Brought forward 16,629 9 2 Oct. 17 —To six months' dividend due 15th Oct., on £11,600 Cape (Kowie Harbour) Debentures ... 318 0 0 Less Income Tax at 4d 5 16 0 —— 342 4 0 Nov. 16. —To six months' dividend due 15th Nov., on £900 Antigua Government Debentures (1885) ... 27 0 0 Less Income Tax at 4d 0 9 0 ■ 26 11 0 To six months' dividend due 15th Nov., on £3,500 Ceylon Grovernment Debentures (1872) ... 105 0 0 Less Income Tax at 4d 1 15 0 . 103 5 0 To six months' dividend due 15th Nov., on £3,500 Natal (Coolie Immigration) Debentures (1896) 105 0 0 Lees Income Tax at •id 1 15 0 ■ 103 5 0 ~ 1. —To six months' contribution due 15th July, 1867, received from the Crown Agents 5,000 0 0 Dec. 10. —To City Bank, in repayment of deposit 5,000 0 0 To City Bant, interest on £5,000 from 22nd November to 10th December, 1867 2 15 5 £16,629 9 2 £16,629 9 2 P. Gr. JITLYAN, ") m 4London, 18th January, 1868. "W. C. Sakgeattxt, J ±rusteos - N.B. —The above Balance has since been invested with other mone) r s in New South "Wales Government five per cent. Debentures. The 4d. short invested in 1866, will be found credited in the next Account.

Abstract of Investments made by the Trustees on the foregoing Account from the commencement up to the 31st December, 1867.

P. G-. Jttlyan, I Trustees London, 18th January, 1868. W. C. Saegeatot. j • irusloCS -

7

OE THE THREE MILLION LOAN.

Stock or Securities in which placed. Purchase Money paid. Stock or Securities held. £ s. d. £ a. d. Cape (Kowie Harbour) six per cent. Debentures ... 11,600 0 0 11,600 0 0 Natal six per cent. Debentures 3,447 10 0 3,500 0 0 Queensland ditto 5,567 12 0 6,300 0 0 Ceylon ditto 9,113 10 0 8,500 0 0 Victoria ditto 1,894 10 0 1,800 0 0 Antigua ditto 900 0 0 900 0 0 Three per cent. Consols 22 0 3 24 3 10 Total 32,545 2 9 32,624 3 10

3.— No. sa.

No. 4. Messrs. Jtjxtan and Seegeatot as Trustees in account with the G-oteekment of New Zealand, in respect of a Sinking Fund for the redemption of £1,000,000 five per cent. Debentures, issued under " The New Zealand Loan Act, 1863," to be paid off on the 15th July, 1914, by half-yearly Investments of a sum equal to one per cent, per annum on the total amount issued. For the period from Ist January to '61st December, 1868. 1868. Dk. & b. d. £ s. a. 1868. Cβ. £ a. d. £ s. d. Jan. 1. —To balance train- Jan. 30.—8y amount invested Tested ... ... 108 5 5 in the purchase of To six months' divi- £5,500 New South dend due Ist Janu- Wales Government ary, 1868, on £6,300 five per cent. DebenQueensland Govern- tures at ; Nos. ment Debentures... 189 0 0 815<t to 8161 of Less Income Tax at £500 each ... 5,252 10 0 6d. ... ... 414 6 Brokerage ... 13 15 0 184 5 6 5,266 5 O To six months' divi- Feb. 5. —By amount invested dend duo Ist Janu- iiv the purchase of ary, 1868, on £1,800 £84 6s. Id. three Victoria Govern- per cent. Consols, at ment Debentures ... 54 0 0 93f ... ... 79 4 4 Less Income Tax at Brokerage ... 0 2 0 6d. ... ... 17 0 79 G 4 ■ 52 13 0 Nov. 3. —By amount invested To Crown Agents, to adjust the in the purchase of short credit referred to in Colonial £1,400 New South Secretary's letter of 4th July, Wales five per cent. 1868, No. 67-1059 ... ... 0 0 4 Debentures at 98. ~ 15. —T0 six months' contribution due Nos. 82 of £500, 15th January, 1868, on £1,000,000 344 to 352 of £100 received from the Crown Agents each ... ... 1,372 0 0 for the Colonies ... ... 5,000 0 0 Brokerage ... 3 10 0 „ 29.—T0 six months'divi- 1,375 10 O dend duo sth Janu- Dec. 15. —By amount invested ary on £24 3s. 10d. in the purchase of three per cent. Con- £400 New South sols. ... ... £0 7 3 Wales five per cent. Less Income Tax at Debentures at 100f. 6d. ... ... 0 0 2 N05.15,916t015,919, 0 7 1 four of £100 each... 403 0 0 April 18. —To six months' divi- Brokerage ... 10 0 dend due 15th April, 404 0 0 on £11,600 Cape (Kowie Harbour) 7,125 1 4 Debentures ... 348 0 0 „ 31.—8y balance uninvested 3,994 11 8 Less Income Tax at 6d. ... ... 8 14 0 — 339 6 0 May 16. —To six months' dividend due 15th May, 1868, on Ceylon Government Debentures, expiring 1872 105 0 0 Less Income Tax at 6d. ... ... 2 12 6 102 7 6 To six months' dividend due 15th May, 1868, on Ceykm Government Debentures, expiring 1883 150 0 0 Less Income Tax at 6d. ... ... 3 15 0 146 5 0 To six months' dividend due 15th May, 1868, on Antigua Government Debentures ... ... 27 0 0 Less Income Tax at 6d. ... ... 0 13 6 26 6 6 To six months' dividend on Natal (Coolie Immigration) Debentures ... 105 0 0 Less Income Tax at 6d. ... ... 2 12 6 102 7 6 Carried forward 6,062 3 10 Carried forward £11,119 13 0

8

PAPERS RELATIVE TO THE SINKING EUNDS

B.—No. sa.

£ s. d. £ s. d. £ s. d. Brought forward 6.062 3 10 Brought forward 11,119 13 0 July 1. —To six months' dividend due Ist July, 1868, on £6,300 Queensland Government Debentures... 189 0 0 Less Income Tax at 6d. ... ... 4 14 6 184 5 6 To six months' dividend due Ist July, 1868, on £1,800 Victoria Government Debentures... 54 0 0 Ijcss Income Tax at 6d. ... ... 1 V 0 52 13 O To six months' dividend due Ist July, 1868,0n£5,500New Sth. Wales Government Debentures... 137 10 0 Less Income Tax at 6d. ... ... 3 8 9 134 1 3 „ 17. —To six months' dividend due sth July, on £109 Os.sd. three per cent. Consols.... 1 12 8 Less Income Tax at 6d. ... ... 0 0 9 1 11 11 Oct. 23. —To six months' dividend due 15th October, on £11,600 Cape (ICowie Harbour) Debentures... 348 0 0 Less Income Tax at 6d. ... ... 8 14 0 339 6 0 Nov. 28. —To six months' dividend due 15tli November, 1868, on £3,500 Natal (Coolie ImmigrationjDebentures 105 0 0 Less Income Tax at 6d. ... ... 2 12 6 102 7 6 To six months' dividend due 15th November, 1868, on £3,500 Ceylon Government Deben- , turcs (1872) ... 105 0 0 Less Income Tax at (3d. ... ... 212 6 102 7 6 To six months' dividend due 15th November, 1868, on £5,000 Ceylon Government Debentures (1883) ... 150 0 0 Less Income Tax at 6d. ... ... 3 15 0 146 5 0 To six months' dividend due 15th November, 1868, on £900 Antigua Government Debentures ... ... 27 0 0 Less Income Tax at 6d. ... ... 013 6 26 6 6 Dec. 15. —To three months' contribution on £1,000,000 due 15th April, 1868 (when part of the debt was converted into New Five per Cents.) received from the Crown Agents 2,500 0 0 To three months'contribution due 15th July, 1868, on £1,000,000 0 0 Less amount converted into New Five per Cents ...412,700 0 0 Bemaming ...587,300 0 0 1,468 5 0 £11,119 13 0 £11,119 13 0 London, 29th January, 1869. P. Gr. Jtjlyan, Trustee. 3

9

OE THE THREE MILLION LOAN.

B.—No. sa.

Abstract of Investments made by the Trustees on the foregoing Account up to 31st December, 1868.

P. G". JITLXAN, London, 29th January, 1869. Trustee.

No. 5. Messrs. Julyan and Sergeattnt, as Trustees, in Account with the Government of New Zealand, in respect of a Sinking Fund for the redemption of £500,000 four per cent. Debentures, issued under " The New Zealand Loan Act, 1863," to be paid off on the Ist November, 1915, by halfyearly Investments of a sum equal to one per cent, per annum on the total amount issued. For the period from Ist January to 31st December, 1868. 1868. Dk. £ s. d. £ s. d. 1868. Cr. £ s. d. £ s. d. Jan. I.—To balance uninvested 14 15 5 Feb. s.—By amount invested ~ To six months' divi- in the purchase of dend due Ist Janu- £79 4s. 3d. three ary, 1809, on £2,000 per cent. Consols, at Victoria Govern- . 93| ... ... 73 19 5 ment six per cent. Brokerage ... 0 2 0 Debentures ... 60 0 0 74 1 5 Less Income Tax at 6d. ... ... 1 10 0 Nov. 3.—By amount invested 58 10 0 in the purchase of Jan. 29.—T0 six months' divi- £2,800 New South dend duo sth Janu- Wales five per cent, ary, on £54 15s. 7d. Debentures at 98 ; three per cent. Con- Nos. 29 of £1,000, sols. ... ... 0 16 5 83 to 85 of £500, Less Income Tax at and 353 to 355 of 6d 0 0 5 £100 each ... 2,744 0 O 0 16 0 Brokerage ... 7 0 0 May 1. —To six months' contribution due 2,751 0 0 Ist May, 1868, received from the Crown Agents ... ... 2,500 0 0 Dec. 15.—8y amount invested „ 16. —To six months' divi- in the purchase of dend due 15th May, £300 New South 1868, on £2,800 Wales five per cent. Ceylon Government Debentures at lOOf; six per cent. Deben- Nos. 3,592, 14,815, tures, expiring 1872 £84 0 0 and 15,915, of £100 302 5 0 Less Income Tax at Brokerage ... 0 15 0 6d. ... ... 2 2 0 303 0 0 81 18 0 By amount invested To six months' divi- in the purchase of dend due 15th May, £2,500 New South 1868, on £4,700 Wales five per cent. Ceylon Government Debentures (£9O to six per cent. Deben- pay) at 8 ; Nos. 83 tures, expiring 1883 141 0 0 and 84 of £1,000, Less Income Tax at No. 225 of £500 ... 200 0 0 6d. ... ... 310 6 Payment in 137 9 6 £2,250 0 0 To six months' divi- Les3 disdend due 15th May, count from 1868, on £200 An- Ist Jan. tigua Government 1869, at Debentures, expiring three per 1883 ... ... 6 0 0 cent. ... 12 9 0 Less Income Tax at 2,237 11 0 6d ... ... 0 3 0 Brokerage ... 6 5 0 — 5 17 0 2,443 16 0 Carried forward 2,799 5 11 Carried forward 5,571 17 5

10

PAPERS RELATIVE TO THE SINKING EUNDS

Stock or Securities in which placed. iocj or Securil held. ;ies urehaso Money paid. 'hree per cent. Consols, aitigua Government Debentures !ape of Good Hope ditto fatal ditto Queensland ditto !eylon ditto r ictoria ditto few South Wales ditto £ s. d. 96 9 10 900 0 0 11,600 0 0 3,447 10 0 5,567 12 6 9,113 10 0 1,894 10 0 7,045 15 0 £ s. d. 109 0 5 900 0 0 11,600 0 0 3,500 0 0 6,300 0 0 8,500 0 0 1,800 0 0 7,300 0 0 39,665 7 4 40,009 0 5

B.—No. sa.

£ s. a. £ a. a. £ s. a. 1868. Brought forward... ... 2,799 511 1868. Brought forward ... ... 5,57117 5 July 1. —To six months' divi- Dec. 31.—8y balance uninvested... ... 12 17 5 dend due Ist July, 1868, on £2,000 Victoria Government Debentures ... 60 0 0 Less Income Tax at 6d. ... ... 1 10 0 58 10 0 July 17. —To six months' dividend duo loth July, 1868, on £117 11s. three per cent. Consols. ... ... 1 15 3 Less Income Tax at 6d. ... ... 0 0 10 1 14 5 Nov. 1. —To six months' contribution due Ist November, 1868, received from the Crown Agents ... ... 2,500 0 0 To six months' dividend due 15th November, 1868, on £2,800 Ceylon Government Debentures; series 1872 £84 0 0 Less Income Tax at 6d. ... ... 2 2 0 ■ ■ 81 18 0 To six months' dividend due 15th November, 1868, on £4,700 Ceylon Government Debentures ; series 1883 141 0 0 Less Income Tax at 6d. ... ... 3 10 6 137 9 6 To six months' dividend due 15th November, 1868, on £200 Antigua Government Debentures; series 1883 6 0 0 Less Income Tax at 6d. ... ... 0 3 0 5 17 0 £5,584 14 10 £5,584 14 10 P. Gγ. JUXTAN, London, 29th January, 1869. Trustee.

Abstract of Investments made by the Trustees on the foregoing Account up to 31st December, 1868.

P. Gr. Jtjlxan, London, 29th January, 1869. Trustee.

11

OE THE THREE MILLION LOAN.

Stock or Securities in which placed. Purchase Money paid. Stock or Secur ties held. £ s. d. £ a. d. liree per cent. Consols. 106 1 9 117 11 o Jeylon Government Debentures 8,098 14 6 7,500 0 0 r ictoria ditto 2,102 10 0 2,000 0 0 oitigua ditto 200 0 0 200 0 0 few South Wales ditto 5,497 16 0 5,600 0 0 16,005 2 3 15,417 11 0

B.—No. sa.

No. 6. Messrs. Jultan and Sakgeatjnt as Trustees in account with the Government of New Zealand, in respect of a Sinking Fund for the redemption of £1,500,000 six per cent. Debentures, issued under "The New Zealand Loan Act, 18C3," to be paid off as follows: viz., £500,000 on 15th March, 1891, £494,000 on 15th June, 1891, and £505,400 on loth December, 1891, by half-yearly Investments of a sum equal to two per cent, per annum on the total amount issued. For the period from Ist January to 2>\st December, 1868. 1868. Dk. £ s. d. £ s. d. 1868. Cr. £ s. d. £ s. d. Jan. 1. —To balance uninvested 4,977 910 Jan. 30. —By amount invested „ To six months' divi- in the purchase of dend due Ist Janu- £5,400 New South ary, 1868, on £4,700 Wales five per cent. Victoria Govern- Debentures, at 95J; ment six per cent. Nos. 8,165 to 8,169 Debentures ... 141 0 0 of £500, 25,477 to Less Income Tax at 25,505 of £100 ... 5,157 0 0 6d. ... ... 310 6 Brokerage ... 13 10 0 137 9 6 5,170 10 0 „ 29. —To six months' divi- Mar. 31. —By amount invested dend due 15 th Janu- in the purchase of ary, on £162 7s. 6d. £4,500 Victoria Gothree per cent. Con- vernment six per sols. ... ... 288 cent. Debentures, at Less Income Tax at 111 ; Nos. 4,653 of 6d. ... ... 0 12 £1,000, 4,097 and 2 7 6 4,369 of £500,419 Feb. C—To proceeds of sale and 420, 826 to 834, of £60 15s.9d.three 970 to 974, 1201, per cent. Consols. 1,355 to 1,357,1,983, at93i ... ... 56 13 8 2,064,2,849,2,851, Power of At- 2,806, of £100 each 4,995 0 0 torney ...£1 1 6 Brokerage ... 11 5 0 Brokerage... 016 ■ 5,008 5 0 13 0 Nov. 3. —By amount invested ■ 55 10 S in the purchase of Mar. 16. —To six months' contribution due £800 New South 15th March, 1868, on £500,000 Wales Debentures received from the Crown Agents 5,000 0 0 at 98 ; Nos. 86 of May 16.—T0 six months' divi- £500, 356 to 358 of dend due 15th May, £100 ... ... 784 0 0 on Ceylon Deben- Brokerage ... 2 0 0 tures, expiring 1872 £27 0 0 786 0 0 Less Income Tax at Dec. 15. —By amount invested 6d. . . 013 6 in the purchase of 26 6 6 £400 New South To six months' divi- Wales Debentures dend due 15th May, at 100J; Nos. 3,796 on Ceylon Dcben- to 3,799, four of tures, expiring 1883 375 0 0 £100 ... ... 403 0 0 Less Income Tax at Brokerage ... 100 6d. ... ... 9 7 6 404 0 0 365 12 6 To six months' dividend due 15th May, 1868, on Antigua Government Debentures, expiring 1885 9 0 0 Less Income Tax at 6d. ... ... 0 4 6 ■ 8 15 o July 1. —To six months' dividend due Ist July, 1868, on £9,200 Victoria Government Debentures ... 276 0 0 Less Income Tax at 6d. ... ... 6 18 0 ■ 269 2 0 To six months' dividend due Ist July, 1868, on £5,400 New South Wales Government five per cent. Debentures ... 135 0 0 Less Income Tax at 6d. ... ... 3 7 6 — 131 12 6 „ 17. —To six months' dividend due 15th July, 1868,0n £47 13s. 9d. three per cent. Consols. ... ... 0 14 3 Less Income Tax at 6d. ... ... 0 0 4 0 13 11 Carried forward ... ... 10,975 0 5 Carried forward 11,360 15 0

12

PAPERS RELATIVE TO THE SINKING FUNDS

B.—No. sa,

£ s. d. £ b. d. 1868. £ c. d. 1868. Brought forward ... ...10,975 0 5 Dec. 31.—Brought forward ... ... 11,366 15 0 Not. 28.—T0 six months' divi- „ By balance uninvested ... 14,601 911 dend due 15th November, 1868, on £900 Ceylon G-overn-ment Debentures ; series 1872 ... 27 0 0 Less Income Tax at 6d. ... ... 0 13 6 26 6 6 To six months' dividend due 15th November, 1868, on £12,500 Ceylon Government Debentures; series 1883... 375 0 0 Less Income Tax at 6d 9 7 6 365 12 6 To six months' dividend due 15th November, 1868, on £300 Antigua Government Debentures ... ... 9 0 0 Less Income Tax at 6d. ... ... 0 4 6 8 15 6 Dec. 15.—T0 six months' contribution due 15th April, 1868 (when part of the debt was converted into New five per cents.) on £500,000, expiring March, 1891, received from the Crown Agents ... ... 833 6 8 To five months' contribution due 15th September, 1868, received from the Crown Agents on 500,000 0 0 Less amount converted into New five per cents. ... 257,700 0 0 Eemaining ... 242,300 0 0 ■ 2,019 3 4 To four months' contribution due 15th April, 1868 (when part of the debt was converted into New five per cents, on £1,000,000, expiring June and December, 1891 6,666 13 4 To two months' contribution due 15th June, 1868, on 1,000,000 0 0 Less amount converted into New five per cents. ... 619,500 0 0 Eemaining ... 380,500 0 0 • 1,268 6 8 To six months' contribution due 15th December, 1868, on £380,500 3,805 0 0 £25,968 4 11 £25,968 4 11 P. Gh JuLTAIf, London, 29th January, 1869. Trustee.

Abstract of Investments made by the Trustees on the foregoing Account, up to 31st December, 1868.

13

OE THE THREE MILLION LOAN.

Stock or Securities in which placed. Purchase Money paid. Stock or Securities held. "hree per cent. Consols. r ictoria Government Debentures mtigua ditto leylon ditto few South Wales ditto £ b. A. 38 2 9 9,947 2 6 300 0 0 14,531 12 6 6,360 10 0 £ a. d. 47 13 9 9,200 0 0 300 0 0 13,400 0 0 6,600 0 0 31,177 7 9 29,547 13 9 P. Gr. Julyan, Trustee. London, 29th January, 1869.