SINKING FUNDS.

Appendix to the Journals of the House of Representatives, 1881 Session I, B-13

8.—13

1881. NEW ZEALAND.

SINKING FUNDS.

REPORT AND ACCOUNTS OF THE COMMISSIONERS OF THE PUBLIC DEBTS SINKING FUNDS FOR THE YEAR ENDED 30th JUNE, 1881.

Laid before loth Houses of the General Assembly in compliance with the 6th Section of " The Public Debts Sinking Funds Act, 1868."

Sin, — Government Buildings, Wellington, 15th July, 1881. I have the honor to transmit to you, to lay before Parliament, the report of the Commissioners of the Public Debts Sinking Funds, and accompanying accounts, for the year endicg 30th June, 1881. I have, &c, James Edwaed FitzGeeaid, The Hon. the Speaker of the Chairman of the Commissioners of the House of Representatives. Public Debts Sinking Funds.

EEPOET. Government Buildings, Wellington, 15th July, 1881. The Commissioners of the Public Debts Sinking Funds have the honor to lay before Parliament their report and accounts for the year ending 30th June, 1881. On Ist January last the outstanding debentures of the Nelson Waterworks Loan of 1864, amounting to £6,200, matured, and were redeemed out of the Consolidated Fund; whereupon the Commissioners released and paid into the Public Account £6,174 135., being the amount of the sinking funds then accrued. As will be seen from the accounts a small sum remains to be released, which will be paid over immediately and the account of this loan closed. The Commissioners have also paid into the Public Account £1,259 7s. in respect of the sinking fund of the Canterbury Loan of 1856, leaving a balance on 30th June of £208 7s. 9d., which will also be paid over at once. During the year the Commissioners, in addition to paying the interest due upon the North Otago District Public Works Loan out of the accruing sinking funds, have applied the sum of £3,000 in further redemption of the debentures of that loan, leaving now outstanding £1.7,000; and, there being at present a balance of £4,404 os. 4d. at credit of the fund, this gum, after deducting the amount required to pay interest, will be applied in like manner. James Edwaed FitzGehald, Chairman of the Commissioners of the Public Debts Sinking Funds.

I—B. 13.

8.—13

2

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the

>n. UEIX& THE eah ende: RECEIPTS. £ s. d. ; £ s. d. £ s. d. "New Zealand Loan Act, i860." Sinking- Fund :— On £93,100 at 2 per cent., one and a half years to 30 June, 1881 2,793 o o Intekest on Investments :— Defence Loan Debentures, — On £12,150 at 4^ per cent., one and a half years to 30 June, 1881 ... £450 at 4I- per cent., half-year to 30 June, 1881 £28,700 at 5 per cent., one and a half yeara to 30 June, 1881 ... Canterbury Rivers Debentures, — On £2,000 at 6 per cent., one and a half years to 14 January, 1881 ... £300 at 6 per cent, one and a half years to 13 May, 1881 £2,000 at 6 per cent., one and a half years to 9 June, 1881 £1,440 at 6 per cent., one and a half years to 17 May, 1881 Borough of Hamilton Debentures, — On £2,000 at 6 per cent., one year to 31 January, 1881 £830 at 6 per cent., one year to 31 January, 1881 Deficiency Bills, — On £3,100 at 5 per cent., half-year to 30 September, 1880 ... Immigration and Public Works Loan Debentures, — . On. £1,000 at 4 per cent., one year to 15 April, 1881 £2,200 at 4i per cent., one year to 15 April, 1881 Treasury Bills at 33d. per cent, per diem, — On £1,200, half-year to 31 October, 1880 £1,200, 1 November to 31 December, 1880 £1,200, half-year to 30 June, 1881 £100, one year to 30 April, 1881 £830, one year to 30 April, 1881 £200, 18 March to 30 June, 1880 ... £200, one year to 30 June, 1881 £3,100, 1 October to 31 December, 1880 £3,100, half-year to 30 June, 188 r £2,400, 20 October to 31 December, 1880 £2,400, half-year to 30 June, 1881 £60, 12 November to 31 December, 1880 £60, half-year to 30 June, 1881 £700, half-year to 30 April, 1881 £660, half-year to 30 June, 1881 £350, half-year to 30 April, 1881 Interest on balances at Bauk of New Zealand 820 2 6 1026 1,152 10 o 180 o o 27 o o 180 o o 129 12 O 120 O 0 49 16 o 77 10 o 40 o o 99 o o 31 1 o 10 5 10 30 10 11 5 2 8 42 12 1 2 18 6 10 5 4 40 110 78 18 1 24 6 o 61 1 9 083 1 10 6 17 16 4 16 16 o 8 18 2 24 18 o Securities realized :— Deficiency Bills, duo 30 September, 1880 4,293 4 3 3,100 o o 10,186 4 3 "Auckland Loan Act, 1863." Sinking Fund : — On £31,600, at 2 per cent., two years to 1 July, 1881 ... 1,264 ° ° Interest on Investments :— Defence Loan Debentures, — On £4,870 at 5 per cent., one and a half years to 1 July, 1881 £1,200 at 4i per cent., one and a half years to 1 July, 1881 Canterbury Hirers Debentures, — On £100 at 6 per cent., one and a half years to 14 January, 1881 ... Immigration and Public Works Loan Debentures, — On £40 at 4§ per cent., one year to 15 April, 1881 £20 at 4^ per cent., half-year to 15 April, 1881 Treasury Bills at 3fd. per cent, per diem, — On £200, one year to 30 April, 1881 £100, 23 January to 30 June, 1880 £100, one year to 30 June, 1881 £800, 1 October to 31 December, 1880 £8oo, half-year to 30 June, 1881 £900, 20 October to 31 December, 1880 £900, half-year to 30 June, 1881 £160, half-year to 30 April, 1881 Deficiency Bills,— On £800 at 5 per cent., half-year to 30 September, 1880 Borough of Hamilton Debentures, —■ On £[,090 at 6 per cent., one year to 31 January, 1881 Interest on balances at Bank of New Zealand ... 3&S 5 o 8100 900 1 16 o 090 •° 5 3 249 5 2 8 10 611 20 7 3 9 2 3 22 18 2 4 1 S 20 o o 65 8 o 9 ° 7 Securities realized :— Deficiency Bills, due 30 September, 1880 ... .... 636 7 3 800 o o 2,700 7 3 Carried forward 12,886 11 6

3

B—l3.

COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS,

IOth June, 1881. DISBURSEMENTS. I £ s. a. £ , d.j £ s. a. "New Zealand Loan Act, i860." Investments :— Treasury Bills at par, bearing interest at 3fd, per cent, per diem, from 20 October, 1880 Treasury Bills at par, bearing interest at 3$d. per cent, per diem, from 12 November, 1880 Treasury Bills at par, bearing interest at 8fd. per cent, per diem, from 31 December, 1880 Treasury Bills at par, bearing interest at 3$d. per cent, per diem, from 31 October, 1880 Treasury Bills at par, bearing interest at 3jd> per cent, per diem, from 1 October, 1880 Treasury Bills at par, beai-ing interest at 3 id. per cent, per diem, from 31 October, 1880 Treasury Bills at par, bearing interest at 3$-d. per cent, per diem, from 1 May, 1 S8x Defence Loan Debentures at par, with interest at 4i per cent. from 31 December, 1880 2,400 0 o 60 o o 660 o o 700 o o 3,100 o o 35° o o 200 0 O 450 o o Interest accrued on Treasury Bills purchased, — On £700, from 31 October to 31 December, 1880 ... £350, from 31 October to 22 February, 1881 ... £200, from 1 May, 1881, to 24 June, 1881 7,920 o o 600 5 12 2 1 10 11 13 3 1 7.933 3 1 "Auckland Loan Act, 1863." Investments : — Treasury Bills at par, bearing interest at 3$d. per cent, per diem, from 20 October, 1880 Treasury Bills at par, bearing interest at 3fd. per cent, per diem, from 31 October, 1880 Treasury Bills at par, bearing interest at 3id. per cent, per diem, from 3 t October, 1880 Treasury Bills at par, bearing interest at 3fd. per cent, per diem, from 1 October, 1880 Immigration and Public Works Loan Debentures, with interest at .|| per cent., from 15 October, 1880 goo o o 60 o o 100 o o 800 o o 20 0 0 Interest accrued on Treasury Bills, &c, purchased, — On £60 Treasury Bills, 31 October, 1880, to 22 February, 1881 ... £ 100 Treasury Bills, 31 October, 1880, to 22 February, 1881 ... £20 Immigration and Public Works Loan Debentures, 15 October to 31 December, 1880,.. , 1,880 o o o 19 3 112 I 039 2 '5 1 1,882 15 1 Carried forward 9,8 [5 18 2

8.—13

4

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the

'R. Duuikg the Year bnde RECEIPTS. £ s. d. £ s. d. £ s. d. Brought forward 12,886 11 6 "Wellington" Loan Act, 1866." Sinking Fund : — On £13,500 at 2 per cent., one and a half years to 30 June, 1881 405 o o Interest on Investments :— Defence Loan Debentures, — On £3,150 at 5 per cent., one and a half years to 30 June, 1881 £690 at 4I per cent., one and a half years to 30 June, 1881 £90 at 4! per cent., half-year to 30 June, 1881 Canterbury Rivers Debentures, — On £200 at 6 per cent., one and a half years to 14 January, 1881 ... £70 at 6 per cent., one and a half years to 17 May, 1881 £500 at 6 per cent., one and a half years to 9 June, 1881 Deficiency Bills, — On £200 at 5 per cent., half-year to 30 September, 1880 Treasury Bills at 3fd. per cent, per diem, — On £850, one year to 30 April, 1881 £200, 23 January to 30 June, 1880 £200, one year to 30 June, 1881 £320, 20 October to 31 December, 1880 £320, half-year to 30 June, 1881 £20, 12 November to 31 December, 1880 £20, half-year to 30 June, 1881 £60, half-year to 30 June, 1881 £120, half-year to 30 April, 1881 £200, 1 October to 31 December, 1880 £200, 1 October to 30 June, 1881 Borough of Hamilton Debentures, —■ On £100 at 6 per cent., one year to 31 January, 1881 Interest on balances at Bank of New Zealand ... 236 s ° 46 11 6 206 1800 660 45 o o 500 43 12 6 4 9 S 10 5 4 3 4 10 8 2 11 029 0 10 2 1 10 7 3 1 2 2 11 8 5 1 10 600 407 Securities realized : — Deficiency Bills due 30 September, 1880 451 16 9 200 o o 1,056 16 9 "Nelson "Waterworks Loan Act, 1864." Sinking Fund:— On £6,200 at 2 per cent., one year to 31 December, 1880 124 o o Interest on Investments : — Defence Loan Debentures, —■ On £3,600 at 5 per cent., one year to 31 December, 1880 £540 at 4i per cent., one year to 31 December, 1880 Canterbury Rivers Debentures, — On £100 at 6 per cent., one year to 14 July, 1880 ... £100 at 6 per cent., 15 July to 31 December, 1880 £300 at 6 per cent., half-year to 13 May, 1880 ... £300 at 6 per cent., 14 May to 31 December, 1880 £40 at 6 per cent., half-year to 17 May, 1880 ... £40 at 6 per cent., 18 May to 31 December, 1880 Deficiency Bills, —■ On £330 at 5 per cent., half-year to 30 September, 1880 Borough of Hamilton Debentures, — On £100 at 6 per cent., half-year 31 July, 1880 Immigration and Public Works Loan Debentures, — On £20 at 4! per cent., half-year to 15 October, 1880 £20 at 4I per cent., 16 October to 31 December, 1880 Treasury Bills at 3fd. per cent, per diem, — On £700, half-year to 31 October, 1880 ... £700, 1 November to 31 December, 1880 £330, 20 October to 31 December, 1880 £330, 1 October to 31 December, 1880 Interest on balances at Bank of New Zealand ... i8o o o 24 6 o 600 2 15 10 900 11 7 4 140 1 9 9 8 5 o 300 090 ° 3 9 18 2 3 600 3 610 4 5 4 3'3 6 Securities realized : — Borough of Hamilton 6 per cent. Debentures ... Defence Loan Debentures, 5 per cent. Defence Loan Debentures, 4J per cent. Immigration and Public Works Loan Debentures, 4^ per cent. ... Treasury Bills, 3fd. per cent, per diem Deficiency Bills, 5 per cent. Canterbury Rivers Debentures, 6 per cent. IOO O O 3,600 o o 54° ° ° 20 o o 1,360 o o 330 o o 440 o o 310 18 7 6,390 o o Carried forward 6,824 18 1 20,768 6 10

5

8.—13

COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS,

:0th ITNE, 1881. DISBURSEMENTS. £ s. a. £ a. d. i £ s. a. Brought forward 9,815 18 2 " Wellington Loan Act, i860." Investments :— Treasury Bills at par, bearing interest at 3sd. per cent, per diem, from 20 October, 1880 Treasury Bills at par, bearing interest at 3fd. per cent, per diem, from 12 November, 1880 Treasury Bills at par, bearing interest at 3$d. per cent, per diem, from 31 December, 1880 ... ... ... ... 1 Treasury Bills at par, bearing interest at 3$d. per cent, per diem, from 31 October, 1880 Treasury Bills at par, bearing interest at 3$d. per cent, per diem, from 1 October, 1880 Defenco Loan Debentures, with interest at 4I per cent., from 31 December, 1880 320 20 60 120 200 90 320 o o 20 o o 6000 120 o o 200 o o 90 o o Interest accrued on Treasury Bills purchased,— On £60, from 31 December to 22 February, 188 1, at 3M. per cent, per diem ... £120, from 31 October to 22 February, 1881 ... o 810 o o 0 8 11 1 18 6 2 7 5 812 7 5 "Nelson Wateewobes Loan, 1864." Investments : — Treasury Bills, bearing interest at 3fd. per cent, per diem, from 20 October, 1880 Treasury Bills, bearing interest at same rate, from 1 October, 1880 330 o o 330 o o 33° 330 Payment into Public Account, to meet Debentures due on 1 January, 1881 ... ... ... ... ,.. j 660 o 0 6,174 13 o 6,8.34 '3 ° I I 1 Carried forward ... 10,628 5 1

8.—13

6

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the

'«. UEISfG THE EAR ENDE: RECEIPTS. £ s. d. £ a. d. £ s. d. Brought forward 20,768 6 10 "Canteeettky Loan Ordinance, 1856." Interest on Investments : — Canterbury Kivers Debentures, —■ On £40 at 6 per cent., one year to 17 November, 1880 £40 at 6 per cent., 18 iSovember to 22 February, 1881 ... Deficiency Bills, — On £70 at 5 per cent., half year to 30 September, 1880 Treasury Bills at $id. per cent, per diem,— On £r,2oo, half-year to 31 October, 1880 £1,000, 1 November to 22 February, 1881 £200, half-year to 30 April, 1881 £200, i May to 24 June, 1881 £60, half-year to 3 1 October, 1880 £60, 1 November to 22 February, 1881 £70, 1 October to 31 December, 1880 £70, 1 January to 22 February, 1881 ... £60, 12 November to 3 1 December, 1880 £60, 1 January 10 22 February, 188[ ... Interest on balances at Bank of New Zealand ... ... ,,. 280 o 12 9 1 15 o 31 1 o 16 o 7 5 1 10 1 10 11 111 o o 19 3 o 18 1 o 10 5 083 0811 088 SeCueities beahzed : — Canterbury Kivers Debentures, 6 per cent. Deficiency Bills, 5 per cent. Treasury Bills, 3Id. per cent, per diem 63 14 8 40 o o 70 o o 1,390 o o 1,500 o o i>563 '4 8 "Lyttelton and Chbistohuech Kailway Loan Ordinance, i860." Sinking Fund : — On £77,700 at 2 per cent., one and a half years to 30 June, 1881 2,331 o o Interest on Investments :— Defence Loan Debentures, — On £2,900 at 5 per cent., one and a half years to 30 June, 1881 £400 at 5 per cent., half-year to 30 June, 1881 £100 at 4i per cent., one and a half years to 30 June, 1881 Canterbury Rivers Debentures, — On £800 at 6 per cent., one and a half years to 14 January, 1881 ... £[,400 at 6 per cent., one and a half years to 13 May, 1881 £ r,270 at 6 per cent., one and a half years to 17 May, 1881 £300 at 6 per cent., one year to 13 May, 1881 ... £40 at 6 per cent., one year to 17 May, 1881 ... £100 at 6 per cent., half-year to 14 January, 188( Immigration and Public Works Loan Debentures,— On £800 at 4i per cent., one year to 15 April, 1881 Borough of Hamilton Debentures, — On £2,000 at 6 per cent., six months to 31 July, 1880 £500 at 6 per cent., six months to 31 July, 1880 £2,500 at 6 per cent., six months to 31 January, 1881 Deficiency Bills, — On £1,300 at 5 per cent., half-year to 30 September, 1880 ... Treasury Bills at 3fd. per cent, per diem,— On £16,100, one year to 30 April, 1881 ... £1,110, one year to 30 Ap-il, 1881 £800, 23 January to 30 June, 1880 £100, 18 March to 30 June, 1880 £900, one year to 30 June, 1881 £130, half-year to 30 April, 1881 £1,300, 1 October to 31 December, 1880 £r,6oo, 20 October to 31 December, 1880 £450, 12 November to 31 December, 1880 £3,550, half-year to 30 June, 1881 £70, half-year to 30 June, 1881 Interest on balances at Bank of New Zealand ... 217 10 o 1000 6 1,5 o 7200 126 o o 114 6 o 1800 280 300 36 o o 60 o o 15 o o 75 o o 3210 o 826 7 8 56 19 6 17 17 9 1 9 3 46 3 11 362 1617 2 1640 320 85 5 S 1 '5 7 18 11 6 Secueities realized :— Deficiency Bills due 30 September, 1880 1,882 8 11 1,300 o o 5.5'3 8 11 "Canterbury Loan Ordinance, 1862." Sinking Fund: — On £22,800 at 1 per cent., one and half years to 30 June, 1881 ... 342 o o Interest on Investments : — Defence Loan Debentures, — On £370 at 4I per cent., one and a half years to 30 June, 1881 £300 at 5 per cent., one and a half years to 30 June, 1881 24 19 6 22 10 o Carried forward 47 9 6 27.845 10 5 342 o o

8.—13

7

COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS,

!0th June, 1881. IB. DISBURSEMENTS. £ s. d. £ s. d. £ s. d. Brought forward "Canibebuey Loan Oedinance, 1856." 10,628 5 7 Investments:— Treasury Bills purchased, bearing interest at 3$d. per cent, per diem, from 12 November, 1880 ... Treasury Bills purchased, bearing interest at 3f d. per cent, per diem, from 1 October, 1880 60 o o 70 o o 130 o o Payment into Public Account, ordered at a meeting of the Commissioners on 21 February, 1881 ... ... 1,259 7 o 1,389 7 o " LyTTBLTON AND OHBISTCHTmCH RAILWAY LOAN OEDINANCE, i860." Investments :— Treasury Bills at par, bearing interest at 3$d. per cent, per diem, from 20 October, 1880 Treasury Bills at par, bearing interest at 3M. per cent, per diem, from iz November, 1880 Treasury Bills at par, bearing interest at 3$d. per cent, per diem, from 31 December, 1880 Treasury Bills at par, bearing interest at 3$d. per cent, per diem, from 31 October, 1880 Treasury Bills at par, bearing interest at 3fd. per cent, per diem, from 1 October, 1880 ... Defence Loan 5 per cent. Debentures, with interest from 31 December, 1880 Canterbury Rivers 6 per cent. Debentures, with interest from 14 July, 1880 ... Canterbury Eivers 6 per cent. Debentures, with interest from 17 May, 1880 ... Canterbury Rivers 6 per cent. Debentures, with interest from 13 May, 1880 ... 1,600 o o 45° o 0 70 o o 130 o o 1,300 o o 400 o o 100 o o 40 o o 300 o o Interest accbtjed on Sectteities pubchasjed : — On Canterbury Rivers 6 per cent. Debentures, —■ £100, from 14 July to 31 December, 1880 £40, from 17 May to 31 December, 1880 £300, from 13 May to 31 December, 1880 On Treasury Bills, — £130, from 1 November to 22 February, 1881 £70, from 1 January to 22 February, 1881 4,390 o o 2 I3 10 1 9 9 11 7 4 4,408 5 o 2 1 8' o 10 5 18 5 o " Canteebttey Loan Ordinance, 1862." Investments :— Treasury Bills at par, bearing interest at 3$d. per cent, per diem, from 20 October, 1880 Treasury Bills at par, bearing interest at 3?d. per cent, per diem, from 12 November, 1880 Treasury Bills at par, bearing interest at 3Jd. per cent, per diem, from 31 October, 1880 ... ... ... 170 o o 20 o o 100 o o Carried forward ... ... ,., ... 23,260 10 7 290 o o

8.—13

8

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the

De. DlJEING T1IE eae eude: RECEIPTS. £ s. a. £ s. a. £ s. d. Brought forward 47 9 6 342 o o 27.845 10 5 "Cantebbuey Loan Obdinance, 1862" — continued. Intebest on Investments — continued. Canterbury Rivers Debentures, — On £100 at 6 per cent., one and a half years to 14 January, 1881 £140 at 6 per cent., one year to 17 November, 1881 £180 at 6 per cent., half-year to 17 May, 1881 ... Deficiency Bills — On £100, half year to 30 September, 1880 Borough of Hamilton Debentures, —• On £90 at 6 per cent., 1 year to 31 January,i88i ... Immigration and Public Works Loan Debentures, — On £100 afc 4J per cent., one year to 15 April, 1881 Treasury Bills at 3sd. per cent, per diem, — On £560, one year to 30 April, 1881 £100, 23 January to 30 June, 1880 ... £100, 1 July to 31 December, 1880 ... £100, 1 October to 31 December, 1880 £170, 20 October to 31 December, 1880 £20, 12 November to 31 December, 1880 £390, half-year to 30 June, 1881 £100, half-year to 30 April, 1881 Interest on balances at Bank of New Zealand ... 900 880 5 8 o 2100 580 4 10 o 28 14 11 2 4 8 211 9 1 5 10 1 14 5 029 9 18 6 2 10 11 266 Secueities Realized : — Deficiency Bill, due 30 September, 1880 '34 3 9 TOO O O 57 6 3 9 "Westland Loan Act, 1873." Receipts fsom the Colonial Teeasuby :— Land sales Rents, &c. 23 5 ° 51 18 4 75 3 4 Iktebest on Investments :— Treasury Bills at $id. per cent, per diem, — On £650, one year to 30 April, 1881 £50, 1 October to 31 December, 1880 £150, 20 October to 31 December, 1880 £20, 12 November to 31 December, 1880 £220, half-year to 30 June, 1881 Borough of Hamilton Debentures, — On £40 at 6 per cent., one year to 31 January, 1881 Deficiency Bills, — On £50, half-year to 30 September, 1880... Interest on balances at Bank of New Zealand ... 33 7 3 0 12 11 1 10 4 029 5 12 o 280 1 5 ° 1 8 2 Secueities Realized : — Deficiency Bill, due 30 September, i 880 46 6 s 5000 171 9 9 "Otago Loan Oedinancjs, 1862." Sinking Fund : — On £116,700, at 1 per cent., two years to 1 July, 1881 ... 2.334 ° ° Interest on Investments : — Defence Loan Debentures, — On £6,480 at 5 per cent., one and a half years to 30 June, 1881 ... £200 at 5 per cent., half-year to 30 June £4,950 at 4I per cent., one and a half years to 30 June, 1881 Canterbury Rivers Debentures, — On £200 at 6 per cent., one and a half years to 14 January, 1881 £1,300 at 6 per cent., one and a half years to 17 May, 1881 £2,000 at 6 per cent., one and a half years to 9 June, 1881 Immigration and Public Works Loan, — On £40 at 4i per cent., one year to 15 April, 1881... City of Dunedin Mortgage,— On £3,300 at 7 per cent., 1 year to 1 January, 1881 Deficiency Bills, — On £2,050 at 5 per cent., half-year to 30 September, 1880 ... Borough of Hamilton Debentures, — On £250 at 6 per cont., one year to 31 January, 1881 486 o o 500 334 2 6 1800 135 ° ° 180 o o 1 16 o 231 00 5i 5 o 1500 Carried forward 1,457 3 6 2,334 o o 28.593 3 I'

9

8.—13

2—B. 13.

COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS,

10th 'toe, 1881. DISBURSEMENTS. £ s. a. £ s. a. £ b. a. Brought forwara 290 o o 23,260 10 7 "Canterbury Loan Ordinance, 1862"— continued,. Investments, — continued. Treasury Bills at: par, bearing interest at 3fd. per cent, per diem, from 1 October, 1880 ... Canterbury Rivers 6 per cent., 17 November, 1880 100 o o 40 o 0 430 o o Accrued Interest on Securities Purchased : — Treasury Bills, — On £100, from 31 October, 1880, to 22 February, 1881 Canterbury Rivers 6 per cent., — On £40, from 17 November, 1880, to 22 February, 1881 112 1 2410 012 9 432 4 10 "Westland Loan Act, 1873." Investments : — Treasury Bills, bearing interest at 3fd. per cent, per diem, from 20 October, 1880 Treasury Bills, bearing interest at 3fd. per cent, per diem, from 12 November, 1880 Treasury Bills, bearing interest at 3fd. per ceut. per diem, from 1 October, 1880 150 o o 20 o o 50 o o 220 o o 220 o o " Otago Loan Oedinancb, 1862." Investments :— Treasury Bills, bearing interest at 3$d. per cent, per diem, from 20 October, 1880 Treasury Bills, bearing interest at 3!d. per cent, per diom, from 12 November, 1880 Treasury Bills, bearing interest at 3fd. per cent, per diem, from 31 October, 1880 Treasury Bills, bearing interest at 3fd. per cent, per diem, from 1 October, 1880 Defence Loan 5 per cent. Debentures, with interest from 31 December, 1880 2,200 o o 230 o o 200 o o 2,050 o o 200 o o 4,88o o o Interest accrued on Treasury Bills for £200, 31 October to 22 February, 1881 3 4 i 4,883 4 1 Carried forward 28,795 19 6

8.—13

10

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the

15th July, 1881.

De. UEING THE EAE ENDE RECEIPTS. £ s. d. £ s. d. £ s. d. Brought forward I.4S7 3 6 2,334 ° ° 28,593 3 " "Otago Loan Obdinance, 1862" — continued. Interest on Investments — continued. Treasury Bills at 3!d. per cent, per diem, — On £8,540, half-year to 31 October, 1880 £8,740, half-year to 30 April, 1881 £2,050, 1 October to 31 December, 1880 £2,200, 20 October to 31 December, 1880 £230, 12 November to 31 December, 1880 £4,480, half-year to 30 June, 1881 Interest on balances at Bank of New Zealand 220 19 6 222 9 1 26 10 3 22 s 6 in 9 114 o 7 22 16 10 Securities Realized : — Deficiency Bills, due 30 September, 1880 2,087 l1 ° 2,050 o o 6,471 17 o "Nokth Otaoo Disteict Public Works Loan Act, 1872." Receipts from Colonial Teeasuet : — Land sales Depasturing licenses Bents and miscellaneous 3,435 3 9 3.921 9 5 69 10 o Interest on Investments : — Defence Loan Debentures, — On £3,000 at 5 per cent-, half-year to 30 June, 1881 Treasury Bills, — On £130, 20 October to 31 December, 1880 £40, 12 November to 31 December, 1880 £170, half-year to 30 June, 1881 Interest on balances at Bank of New Zealand ... 7.426 3 2 75 o o 164 056 466 14 1 o 94 19 4 BOARD OS RlVEE CoNSEETATOES, SOUTH WAIMAKAEIEI. Amount received from the Board and credited hereto, pending receipt of particulars 7,521 2 6 150 o o Balance on 30 June, 1880: — Cash in the Bank of New Zealand, Wellington 42.736 3 5 I.29S 2 3 £44,031 5 8

8.—13.

COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS,

James C. Gayin, Secretary and Accountant to the Commissioners. Examined and found correct, James Edwakd FitzGebald, Controller and Auditor-General, 15th July, 1881.

11

10th June, 1881. DISBURSEMENTS. £ s. d. £ s/d. £ s. d. Brought forward 28,795 19 6 "Noeth Otago Disteict Public Works Loan Act, 1872." Investments : — Treasury Bills, bearing interest at 3fd. per cent, per diem, from 20 October, 1880 Treasury Bills, bearing interest at 3!d. per cent, per diem, from 12 .November, 1880 Defence Loan Debentures, with interest from .31 December, 1880 130 o o 40 o o 3,000 o o Payment to -Post Office A ccount in redemption of Debentures of this Loan ... ... ... ... ••• ■•■ Payment to Public Account for interest on outstanding Debentures, — On £3,200, 1 May to 29 June, 1880 ... £20,000, half-year to 1 November, 1880 ... 3,170 o o 3,000 o o 25 17 3 Soo o o 52S 17 3 BOAED OF RlVEB CONSEEVATOES, SOUTH WaiMAKAEIEI. Applied in payment of interest, due 14 July, 1880, on £3,500 for halfyear, at 6 per cent. Paid to Bank of New Zealand to adjust over-credit 6,695 17 3 105 o o 45 ° ° 150 o o Balance on 30 June, 1881: — Cash in the Bank of New Zealand, Wellington 35,641 16 9 8,389 8 11 £44,031 5 8

8._13

12

STATEMENT of the Funds held by the Commissioners of the Public Debts Sinking Funds on 30th June, 1881.

James C. G-atdt, 15th July, 1881. Secretary and Accountant to the Commissioners.

I Loans is ees iPECT OF WHICH THE SINKING FT/] IDS AEE HELD. Sect/bities. When Securities are Redeemable. (3 "Lyttelton and Christehurch Railway Loan ■ Ordinance, 1860." "New Zealand Loan Act, 1860." " Auokland Loan Act, 1863." "Wellington Loan Act, 1866." "Kelson Waterworks Loan Act, 1864." " Canterbury Loan Ordinance, 1856." "Canterbury Loan Ordinance, 1862." " Westland Loan Act, 1873." "Otago Loan Ordinance, 1862." "North Otago District Public Works Loan Act, 1872." Totals. £ b. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ S. A. £ S. d. £ s. d. £ s. d. Defence loan Debentures 31 Doc., 1885 28,700 o o 4,870 o o 3,150 o o 3,300 o o 300 o o 6,68o o o 3,000 o o 50,000 o c 5 Ditto 1 July, 19 10 4i 12,600 o o 1,200 O O 780 o o 100 o o 370 o o 4,950 o o 20,000 o c Immigration and Public Works Loan Debentures 15 April, 19 13 4 1,000 o o 1,000 o c Ditto 15 April, 1882 4§ 2,200 o o 60 o o ... 800 o o 100 o o 40 o o 3,200 o c Treasury Bills... 1 Nov., 188 1 3W880 o o 240 o o 370 o o 16,230 o o 330 o o 5,850 o o 23,900 o c 1 Nov., 1882 3M. 1,300 o o 120 O O 600 o o 1,110 o o 33° ° o 650 0 o 2,890 o o 7,000 o c Ditto 30 June, 1883 3ld. 1,260 o o 80 o o 450 o o 20 O O 20 O O 230 o o 40 o o 2,100 O C Ditto 31 Deo., 1882 3W. 6,360 o o 1,800 o o J2O O O 3,870 o o 370 o o 20O O O 4,250 o o 130 o o 17,700 o c Canterbury Rivers Act Debentures... 13 May, 1927 6 300 o o 1,700 o o 2,000 o c Ditto 17 Nov., 1897 6 1,440 o o 70 o o 1,310 o o 180 o o 1,500 o o 4,500 o c Ditto 9 Dec, 1884 6 2,000 o o 500 o o 2,000 O O 4,500 o c Ditto 14 Jan., 1898 6 2,000 O O 100 o o 200 O O ! 900 o o 100 o o 200 O O 3,500 o c City of Dunedin Mortgage t July, 1898 7 • ! 3,300 o o 3,300 o c Borough of Hamilton Debentures .... 31 Jan., 1891 6 2,830 o o 62,870 o o 1,090 o o 100 o o 2,500 o o 90 o o 40 o o 250 o o 6,900 o c 9,480 o o 6,570 o o 32,270 o o 2,190 0 o , .__ 910 o o 32,140 o o 3,170 o o 149,600 o o Cash in the Bank of NewZealand 2>2S5 7 7 65.12a 7 7 864 8 1 10,344 8 1 301 6 6 6,871 6 6 28 16 10 ! ; 208 7 9 1,579 J8 o 171 13 2 48 10 5 2»°S7 o 3 874 o 4 8,389 8 11 Totals . ... I 28 16 10 208 7 9 958 10 5 34,191 ° 3 33,849 18 o 2,361 13 2 4,044 o 4 157,989 8 11

13

8.—13.

STATEMENT showing the Debentures of each Loan in Circulation, and the Sinking Funds Accrued, on 30th June, 1881.

STATEMENT of the Expenses incurred during the Tear ended 30th June, 1881. £ 8. d. £ s. d. Salary of Secretary and Accountant ... ... 50 o o Less 1 o per cent, from 1 August, 1880 ... 4 11 8 45 ° 4James C. Gatin, 15th July, 1881. Secretary and Accountant to the Commissioners.

Authority: George Didsbtjey, Government Printer, Wellington.—lBBl.

Loan. Debentures in Circulation. Eate of Sinking Fund. When Sinking Fund Accrued. " New Zealand Loan Act, i860" " Auckland Loan Act, 1863 " " "Wellington Loan Act, 1866 " "Nelson Waterworks Loan Act, 1864" " Lyttelton and Christchurch Railway Loan Ordinance, i860" " Canterbury Loan Ordinance, 1856 " " Canterbury Loan Ordinance, 1862" " Westland Loan Act, 1873 " " Otago Loan Ordinance, 1862 " " North Otago District Public Works Loan Act, 1872" £ 93,100 31,600 13,500 Per cent. 2 2 1 July, 1891 1 June, 1896 1 July, 1886 £ s. d. 65.125 7 jr 10,344 8 1 6,871 6 6 *28 16 10 2 77i7oo 22,800 50,000 116,700 2 1 t 1 1894 and 1897 ... 50 years from date of issue 15 April, 1894 ... 1 July, 1898 33,849 18 o *2o8 J 9 2,361 13 2 958 10 5 34,i97 o 3 17,000 10 Not later than 1 Nov., 1902 4,044 o 4 422,400 £157,989 8 11 * These amounts ai t The amount borr re about to be rel •owed is secured < leased. m lands s >ecially set apart.