THE PUBLIC DEBT OF THE COLONY (RETURN SHOWING PARTICULARS OF).

Appendix to the Journals of the House of Representatives, 1894 Session I, B-16

8.—16

1896.

NEW ZEALAND.

THE PUBLIC DEBT OF THE COLONY (RETURN SHOWING PARTICULARS OF).

Return to an Order of the Souse of Representatives dated 23rd June. 1896. Ordered, "That there be laid before this House —I. A return in continuation of the return 8.-26, 1895, showing (I) particulars of the public debt of the colony on the 30th June, 1878 ; (2) the several increases and decreases between that date and the 31st March, 1896, whether arising from new loans or the conversion of old loans, or from paying off of any loan ; (3) the rate of interest and sinking fund payable in respect of each loan; (4) particulars of the public debt at the 31st March, 1896, showing in respect of each loan (a) the annual charge in respect of interest and sinking fund, (b) the total amount of outstanding debt, (c) the accrued sinking fund, and (d) the net debt. 11. A return showing particulars of the loans converted to the 31st March, 1896, under the operation of ' The New Zealand Consolidated Stock Act, 1877,' and ' The Consolidated Stock Act, 1884.' 111. A statement of the securities in which the sinking funds of the several loans were invested on the 31st March, 1896. IV. A statement of debentures, Treasury bills, or deficiency bills outstanding on the 31st March, 1896, showing the date on which, and the authority under which, they were issued, the date on which they are due, and the rate of interest which they bear." —(Mr. J. Duthie.) Statement of the Securities in which the Sinking Funds of the several Loans were invested on the 31st March, 1896. Investments in— £ s. d. New Zealand 5-per-cent. Debentures .. .. .. .. .. 48,250 0 0 4J-per-cent. Debentures .. .. .. .. .. 43,591 0 0 „ 4-per-cent. Debentures .. .. .. .. .. 4,585 0 0 4-per-cent. Inscribed Stock .. .. .. .. .. 104,733 0 9 Treasury Bills, 3f-per-cent. .. .. .. .. .. .. 52,072 0 0 County of Tauranga 5-per-cent. Debentures .. .. .. .. .. 1,460 0 0 County of Waitemata 6-per-cent. Debentures .. .. .. .. 580 0 0 City of Dunedin Mortgage 7-per-cent. Debentures .. .. .. .. 3,300 0 0 Borough of Brunner 6-per-cent. Debentures ... .. .. .. .. 970 0 0 Borough of Hawera 6-per-cent. Debentures .. .. .. .. 4,085 0 0 Borough of Hokitika 6-per-cent. Debentures .. .. .. .. .. 2,080 0 0 Borough of Palmerston North 5-per-cent. Debentures .. .. .. .. 1,100 0 0 Borough of Patea 6-per-cent. Debentures .. .. .. .. .. 5,000 0 0 Borough of Thames Debentures .. .. .. .. .. 2,200 0 0 Borough of Tauranga 5-per-cent. Debentures .. .. .. .. 2,600 0 0 Westport Harbour Board 5-per-cent. Debentures .. .. .. .. 7,650 0 0 Wellington and Manawatu Railway Company 5-per-cent. Debentures .. .. 17,455 0 0 Waimakariri Ashley Water-supply 5-per-cent. Debentures .. .. .. 990 0 0 Canada 3-per-cent. Stock .. .. .. .. .. .. 28,936 19 1 Canada 34-per-cent. Stock .. .. .. .. .. .. 34,022 11 8 Canada 4-per-cent. Stock .. .. .. .. .. .. 60,000 0 0 Canada 4-per-cent. Debentures .. .. .. .. .. .. 18,200 0 0 New South Wales 3-per-cent. Stock .. .. .. .. .. 12,052 13 7 New South Wales 3J-per-cent. Stock .. .. .. .. .. 83,393 15 8 New South Wales 4-per-cent. Stock .., .. .. .. .. 5,486 6 7 New South Wales 4-per-cent. Debentures .. .. .. .. .. 20,800 0 0 South Australia 3J-per-cent. Stock .. .. .. .. .. 37,216 16 0 South Australia 4-per-cent. Stock .. .. .. .. .. .. 3,078 4 3 South Australia 4-per-cent. Debentures .. .. .. .. .. 24,700 0 0 Victoria SJ-per-cent. Stock .. .. .. .. .. .. 51,157 5 1 Victoria 4-per-cent. Stock .. .. .. .. .. .. 40,865 6 4 Victoria 4-per-cent. Debentures .. .. .. .. .. .. 23,000 0 0 Mortgages .. .. .. .. .. .. .. .. 32,700 0 0 778,310 19 0 Cash balance on 31st March, 1896 .. .. .. 580 15 7 Total .. .. .. .. £778,891 14 7

Statement of Treasury Bills outstanding on 31st March, 1896, showing the date on which, and the authority under which, they were issued, and the date on which they are due.

I—B. 16.

Date of iBsue. 1895. Lpril 29 line 30 .. j )ecember 31 .. j Amount. & 122,600 362,400+ 100,000. 150,000f Bate of .. n . Interest. uue L,ate - ' i £ 1896. *i % .. June 80 .. *4 % .. ,, .. 8J % .. Dec. 31 .. 3J % ... „ ... Authority for Issue. | "Public RevenuesAct,1891," and amending Acts. ) Total I .. j £735,000 j from 1st January, 1 .'Jfi, and sin pes. | ice renewed at 8j per cent, as from 30th June, 1816. 1 Reduced to 8f per cent. . In renewal of former iss

8.—16.

2

PARTICULARS of Loan converted to 31st March, 1896, under Operation of "The New Zealand Consolidated Stock Act, 1877," and "The Consolidated Stock Act, 1884."

Loans. I H-= cd < U Due Date. Amount converted or redeemed. From what Date. Terms. 4-per-cent. Inscribed Stock, maturing 1st Nov., 1929. 3J-per-cent. Inscribed Stock, ' Converted into Short-dated maturing 1st Jan., 1940. Debentures under 1 1 " The Consolidated Stock r Conversion. For Redemption.] Act, 1884." For Conversion. For Redemption. For Conversion. p. c. £ £ New Zealand Loan Act, 1856 .. 4 1 July, 1894 .. 50,000 New Zealand Loan Act, 1860 .. 6 1 July, 1891 19,000 6 „ 74,100 .93,100 New Zealand Loan Act, 1863 .. 4 1 Nov., 1915 500,000 5 15 July, 1914 65,600 5 „ 18,700 5 „ 6,200 5 „ 43,600 6 15 Mar., 1891 46,700 £ 50,000 Amount of Debentures. Interest £ p. c. £ 50,000 £ £ £ £ 1 July, 1894 1 May, 1886 109 1 July, 1891 104 109 104 20,710 77,064 .93,100 1 Nov., 1892 1 Mav, 1886 112J 1 Jan., 1895 114 1 . A 1 112_ 114 114J Par 109 73,800 2±,318 7,099 610,000 .. 114J 15 Jan., 1886 Par 1 May, 1886 109 50,903 43,600* 5 j 6 „ 154,800 15 Mar., 1891 I , \ 104 109 104 109 104 110 115 i,400t 159,536 I 6 15 June. 1891 47,600 6 „ 188.400 6 15 Dec, 1891 20,100 6 „ 4.900 6 „ 68,900 6 „ 76,000 6 . „ 2,700 1 May, 1886 109 15 June, 1891 104 1 May, 1886 109 15 Dec., 1891 104 1 1 A 51,884 195,936 21,909 5,096 75,790 87,780 3,105 I 1.244,200 110 1 July, 1894 115J 1 1 fC . *• 115 1,244,200 Consolidated Loan Act, 1867 .. 5 36 years .. 3,651,700 5 j 36 years .. 562,400 5 36 years .. 38,200 5 36 years .. 200 I 5 36 years .. j 297,100 j 5 ! 36 years .. 59,700 5 ' 36 years .. ! 33,300 5 36 years .. I 44,656 5 1 Jan., 1893 ' 64,000 15 April, 1885 Par 15 April, 1886 Par 1 May, 1886 106 15 Mar., 1891 15 April, 1894 | 1895 15 April, 1894' 15 April, 1895 1 Jan., 1893 106J Par Par 106 40,492 I 200+ 321,573 63,195 i i 3,651,7001 5 562,400§ 5 .. 33,300 44,656 68,000 ! 4,751.256 i Lvttelton and Christchurch Bailwav f 6 t 1 July, 1893 I 200 Loan Ordinance, 1860 • (6 - 1 July, 1894 6,000 1891 109 111 218 6,660 6,200 Canterbury Loan Ordinance, 1862 .. 6 11 Sept., 1913 5,800 6 2 Jan., 1915 \ 1,000 i 6,800 Otago Loan Ordinance, 1862 .. 6 1 July, 1898 23,700 6 „ 1,000 6 „ 6,600 6 „ 8,100 6 „ 1,000 6 „ 2,500 42.900 Auckland Loan Act, 1863 .. ..6 1 June, 1896 11,800 6 „ 2,000 6 „ 1,000 14,800 Carried forward .. .... .. .. 6,209,256 136 1895 125 1891 117J 116J 1892 113-} 1894 110J 105 1895 106 I 7,888 1,250 27,847 1,168 7,491 8,950 1,050 2,650 1891 114 1894 109 1895 107 13,452 2,180 1,070 I .. ■ 259,698 1,168,966 | 737,956 4,257,700 s 0 years' currency, to 15th January, 1892 ; then converted into 4-per-cent. Inscribed Stock at 110. t Dealt with under " The Lost Debentures Act, 1880." Inscribed Stock at 107. § 6 years, to 15th April, 1892; then converted into 4-per-cent. Inscribed Stock at 107. ; 7 years, to 15th April, 1892; then converted into 4-per-cent. !| Various.

3

J8.—16

PARTICULARS of Loans converted to 31st March, 1896— continued.

Loans. <_ a Due Date. Amount converted or redeemed. From what Date. ! Terms. 4-per-cent. Inscribed Stock, maturing 1st Nov., 1929. For Conversion. For Redemption. 4-per-cent. Inscribed Stock, maturing 1st Nov., 1929. 3£-per-cent. Inscribed Stock, Converted into Short-dated maturing 1st Jan., 1940. Debentures under 1 " The Consolidated Stock For Conversion. For Redemption.! Act, 1881." p.c. Brought forward Nelson Loan Act. 1874 .. .. 7 7 £ £ .. 6,209.256 12 April, 1885 3,000 23 Mar., 1896 15,000 £ 259,698 £ £ 1,168,966 £ 737,956 Amount of Debentures. £4,257,700 3,000 15,000 Interest p. 0. 12 April, 1885 23 Mar., 1896 Par Par Wellington Loan Act, 1866 .. 8 Defence and Other Purposes Loan ) _., Act, 1870 j - Five-per-cent. Fire-thirties .. .. 5 5 1 18,000 1 July, 1886 .. 13,500 1 July, 1886 Par 13,500 1 25,000 |25,000 5 4_j •• •• 31 Dec, 1885 .. .50.000 31 Dec, 1885 Par •• •■ 15 July, 1906 504,400 745,600 15 Jan., 1884 15 Jan., 1885 103* 102| 522,054 764,240 Four-and-a-half-per-ctnt. Five-thirties .. 44 1.250. 000 | 1 Feb.. 1904 ( 3.053,900 I and -! 1,891,200 jl Feb.. 1905 1 1.054,900 1 Feb., 1884 1 Feb., 1886 1 Aug., 1886 103 101 Various 3,145,517 1.910,112 1,060,000 Five-per-cent. Ten-forties .. .. 5 General Purposes Loan Act, 1873 .. 4 4J 5 5 6,000.000 1 Mar.. 1918 .. 1,292.700 15 Oct.. 1883 20,900 15 Oct., 1885 6,200 28 Nov., 1884 | 87,900 15 Dec, 1888 j 49,500 1 May, 1886 28 Nov., 1884 15 Oct., 1885 28 Nov., 1884 15 Dec. 1888 102 Par Par Par Par 1,318,554 • 20,900 6,200 87,900 49,500 Hi •• Westland Loan Act, 1873 .. .. , 5 Treasury Bills Act, 1879 and 1880 .. 5 New Zealand Loan Act, 1879 .. 5 5 ] 164,500 15 April, 1894 ; .. 50,000 1 Jan., 1886 .. 1,832,000 1 Nov., 1889 4,476,000 136,000 30 June, 1891 31 Dec, 1883 1 Nov., 1879 1 May, 1886 1074 Par 120 103 1,832.000 5,371,200 140,080 53,750 District Bailways Purchasing Acts, f 4 1885 and 1886" \ 4 4 4,612,000 1 April, 1905 242,800 12,000 1,000 1 Nov., 1886 1894 1895 Par 104 Par 242,800 12,480 1,000 Colonial Inscribed Stock Act, 1882 .. 5 Five-per-cent. Ten-forties .. . . 5 New Zealand Loan Act, 1879 .. 5 Government Loans to Local Bodies (4J Act, 1886 . 255,800 1 Nov., 1888 .. 250,000 1 Mar., 1918 j .. 2,207,300 1 Nov., 1889 i .. 388,000 1 Mar., 1892 I 44,000 405,000 1 Nov., 1888 1 Jan., 1890 1 Jan., 1890 1 Mar., 1892 Par 95 95 Par Par 500* 2,768,000 250,000 5 •• 44,000 405,000 i *_ 4. •• • l 1 Mar., 1896 463,300 i . . 1 Mar., 1896 Par 463,300 3* Public Bevenues Act, 1886 .. .. 5 Public Bevenues Act, 1887 (No. 3) .. 4_ Cheviot Estate Pavment Act, 1893 .. 4J 4. ; ] 912,300 10 Oct., 1891 .. 50,000 1 Mar., 1893 I .. 400,000 18 Oct., 1900 200,000 50,000 10 Oct., 1891 1 Mar., 1893 1 Jan., 1894 1 Jan., 1895 Par Par Par Par •■ 420,000 200,000 50,000 50,000 *i •• •• •• Consolidated Stock Act, 1884 .. 5 5 5 4* 250,000 15 April, 1892 3,051, 700 562,400 43,600 28 Nov., 1895 109,308 4,367,008 31 Dec, 1896 .. 500,000 15 April, 1892 28 Nov., 1895 107 107 110 Par 3,907,319 601,768 47,960 109,308 Bank of New Zealand and Banking 4J Act, 1895 Expenses of Conversion Stock in hand for further redemption of debentures 1 Jan., 1896 Par 202,000 500,000 47,919 61,017 Totals 31,072,364 19.299,062 2,026,240 1,846,004 4,284,892 5,716,000 31,072,364 £33,172,198 * Dealt w itii under " The lOSt •ebentu: ■es Act, 1886,"

5

8.—16.

Return showing (1) Particulars of the Public Debt of the Colony on 30th June, 1878; (2) the several Increases and Decreases between that Date and the 31st March, 1696, whether arising from New Loans, or the Conversion of Old Loans, or from paying off any Loan; (3) the Rate of Interest and Sinking Fund payable in respect of each Loan; (4) Particulars of the Public Debt on 31st March, 1896, showing in respect of each Loan (a) the Annual Charge for Interest and Sinking Fund, (4) the Amount of Outstanding Debt, (c) the Due Date thereof, (d) the Accrued Sinking Fund, and (e) the Net Debt.

Public Debt at 30th June, 1878. Public Increases to 31st Mar., 189C. Decreases to Hist March, 189G. Public Debt at 31st March, 1896. No. Authority. authorised. Date of Issue ' Chirge' No. an A thori°ed. D** ol taue. Ami From I Prom New Loans, i Conversions. Loans converted into or redeemed by Loans converted into or redeemed by Loans converted into Short-dated T ., „ 3*-per-cent. Inscribed Stock. ~ 4-per-cent. Inscribed Stock. Debentures. Loans paid OH. When due. Annual Charge. S i nktog Amount. Funds Net Debt. 1 accrued. Interest. S.F. i Authority. No. Authority. Amount. Remarks. Int. B.F. : ' I £ \ a £ 1 Ordinance of Legislative Council .. .. .. .. .. ■ ■ ■ ■ 311 .. 2 New Zealand Loan Act, 1856 500,000 .. 300,000 .. 4 25,000 .. 1 25,000 .. 4 Uuly, 1859 50,000 .. i 1 Oct., „ 50,000 .. 4 1 July, 1864 50,000 .. 4 500,000 3 New Zealand Loan Act, 1860 .. .. .. .. 150,000 1 July, 1861 .. 93,100 6 2 4 New Zealand Loan Act, 1863 .. 3,000,000 15 July, 1864 488,000 .. 5 1 2 £ £ Date. Amount. Terms. Date. Amount. Terms. Date. Amount. Ternn. Date. Amount. £ £ £ £ .. .. .. .. .. I .. .. .. 31 Mar., 1896 311 ! .. .. .. .. Uan., 1888 303,000 j .. ,. lOct., „ 25,000 .... .. .. .. Uan., 1889 25,000 Uuly, „ 50,000 1 Oct., „ 50,000 Uuly, 1894 • 50,000 1 July, 1891 74,100 104 1 May, 1886 19,000 ! 109 1 July, 1894 76,000 115} 1 May, 1886 65,600 1 112} 15 Jan., 1886 43,600 A 2,700 115 Uan., 1895 18,700 114 6,200 114} 1 Nov., 1892 500,000 117 .. .. I .. 15 Mar., 1891 154,800 104 1 May, 1886 1 46,700 ! 109 15 June, „ 188,400 104 1 May, „ | 47,600 109 15 Dec. „ 4,900 104 1 May, „ | 20,100 109 15 Dec, „ 68,900 110 £ ■ £ £ £ .. I £ £ 1 Ordinance of Legislative Council 2 New Zealand Loan Act, 1856 3 New Zealand Loan Act, 1860 3 4 15 July, 1914 275,200 A. Six years' currency to 15th January, 1892 ; then converted into 4-per-cenh. Inscribed Stock at 110. 1 Nov., 1865 500,000 .. t 15 Mar., 1866 201,500 .. 6 2 15 June, 1867 236,000 .. 5 2 15 Dec, „ 93,900 .. 6 2 1,519,400 5 New Zealand Consolidated Loan Act, 1867Englishissue .. 7,283,100 .. .. 6,531,400 S 1 275,200 13,760 2,752 104,733 170,467 4 New Zealand Loan Act, 1863 5 New Zealand Consolidated Loan Act, 1867 Uan., 1891 200 .. 1 May, 1886 38,200 ! 106 15 April, 1885 3,651,700 B ,„,., . „„ „,. 15 April, 1894 33,300 .. 15 April, 1886 562,400 C 1873-95 j 1,222,844 1 Jan., 1894 271,000 108} 6,400 107} 7,600 107 4,600 106 7,500 102 1 Jan., 1894 51.000 106 8,700 105 15 April, 1895 44,656 100 Uan., 1893 64,000 106J I £3J I ' .. eU.N0 31,065 , 621,300 English issue. B. Seven years' currency to 15th April, 1892; then converted into 4-per-cent. Inscribed Stock at 107. Colonial issue .. .. .. .. .. 77,000 1 Jan., 1873 64,000 .. S 15 April, „ 13,000 .. 1 6 Public Debts Act, 1867— 77,000 Auckland Loan Act, 1863 .. 500,000 Uuly, 1863 .. 31,600 6 2 Wellington Loan Act, 1866 .. 50,000 1 July, 1866 .. 13,500 ! 2 Nelson Waterworks Loan Act, 1864 .. .. .. 20,000 .. .. 6,200 I 2 Lyttelton and Christchurch Railway Loan Ordinance, 1860 300,000 Various .. .. 77,700 t 2 15 April, 1913 15 April, 1913 13,000 13,000 520 1 June, 1896 .. 16,800 1,008 § 13,000 31,405 Cr. 14,605 R Public- nX« 1S An?'iftfi7 ' C. Six years' currency to 15th April, 1892; then 6 AaowSS toan Act, °° nVerted int ° *-P«-eent. *™&Z& Stock at 107. 1891 11,800 114 1894 2,000 109 1895 1,000 107 Uuly, 1886 13,500* 100 •■ ■ ■■ ■■ ■■ ■■ I ■■ .. .. i .. 1880-81 6,200 1891 200 109 .. .... .. ,. .. 1893 23 500 6,000 111 .. .. .. .. .. .. 1894 15,200 1896 18,600 1891 5,800 136 1895 1,000 125 1891 1,000 116} 23,700 117} 6,600 113} 1895 8,100 110} 1,000 105 2,500 106 " SlDec, 1885 50,000" 100 1 June, 1896 Wellington Loan Act, 1866. Nelson Waterworks Loan Act, 1864. 1 Jan., 1897 1 Jan., 1897 .. 9,200 552 § D .. 16,000 960 160 13,050 Or. 3,850 9,159 6,841 Lyttelton and Christchurch Railway Loan Ordinance, 1860. Canterbury Loan Ordinance, 1862 .. .. .. 500,000 • . .. .. 22,800 t 1 Otago Loan Ordinance, 1862 .. .. .. .. 500,000 Uuly, 1863 .. 116,700 « 1 7 Immigration and Public Works Loan Act, 1870 .. .. 4,000.000 Guaranteed by Imperial Government .. 41,000,000 .. 1 June, 1871 .. 200,000 i 24 1 June, 1873 .. .. * 24 Colonial issue .. .. .. 400,000 .. 15 April, „ 372,100 .. 4 1875-78 25,700 .. 4} 397,800 Consolidated Loan of 1867 .. .. 2,100,000 Included [ in No. 5. ii-per-cent. Five-thirties .. .. 500,000 Included in No. 12. £4,000,000 ft Defence and Other Purposes Loan Act, 1870 ■ .. .. 1,000,000 Consolidated Loan of 1867 .. .. £600,000 Included in No. 5. 5-per-cent. Five-thirties .. .. 250,000 Included in No. 13. Colonial issue .. .. .. 150,000 .. .. 50,000 .. U 15 April, 1873 75,000 .. 4 £1,000,000 Uuly, 1880 20,000 .. 4J , 25 June, 1881 5,000 .. 4} 150,000 9 Immigration and Public Works Loan Act, 1873 .. .. 2,000,000 5-per-cent. Five-thirties .. .. £500,000 Included in No. 13. 4} „ , .. .. 1,500,000 Included in No. 12. £2,000,000 D Canterbury Loan Ordinance, 1862. 800,000 1 July, 1898 Uuly, 1898 .. 73,800 4,428 738 92,375 Cr. 18,575 92,375 Cr. 18,575 Otago Loan Ordinance, 1862. 7 I Immigration and Public Works Loan Act, 1870 X>. 2nd January, 1915.. .. £3,800 „ 2nd July, 1916 .. .12 200 Guaranteed by Imperial Government. __!__ iq qO0 1 June, 1907 1 June, „ 1 June, 1907 200,000 Uune, » 800,000 1,000,000 40,000 24,000 15 April, 1913 372,100 15 April, . 27,900 j 400,000 16,140 442,910 557,090 400,000 2^200 15 April, 1913 15 April, „ 442,910 557,090 : 400,000 n , ■ i . 1 5 Further contributions of Sinking Fund not Colonial issue. I required. 15 April, 1913 1 July, 1910 1 July, 75,000 20,000 5,000 100,000 4,125 .. .. 100,000 100,000 • Included in sum of £231,000, No. 35. 8 J Defence and Other Purposes Loan Act, 1870 Colonial issue. loout. 15 Dec, 1888 49|500' 100 .. .. 28 Nov., 1884 20,900' 100 15 Oct., 1885 MOO , 100 .. .. 28 Nov., 1884 87,900' 100 1878-83 43,900 IPeb., 1884 3,053,900 103 1 lFeb., 1886 1,891,200 101 . • .. ... 1 Aug., „ : 1,054,900 E 9 Immigration and Public Works Loan Act, 1873 11 12 JO General Purposes Loan Act, 1873.. .. .. .. 750,000 5-per-cent. Five-thirties .. .. £500,000 Included in No. 13. Colonial issue .. .. .. 250,000 .. 15 May, 1874 12,300 .. 4 .. 49,500 .. 5 £750,000 .. 20,900 .. i 15 Oct., 1873 18,500 .. 4 6,200 .. 4J 87,900 .. 5 54,700 .. 5 250,000 11 North Otago District Public Works Loan Act, 1872 .. 70,000 .. .. 43,900 5 12 Five-thirties — Immigration and Public Works Loan Act, 1870 .. See No. 7 .. 500,000 1873 .. See No. 9 .. 1,500,000 1874 .. 4,000,000 .. 4,000,000 6,000,000 4J 13 5-per-cent. Five-thirties — Defence and Other Purposes Loan Act, 1870 .. .. See No. 8 .. 250,000 .. .. Immigration and Public Works Loan Act, 1873 .. See Nc. 9 .. 500,000 .. .. I .. General Purposes Loan Act, 1873 .. .. .. SeeNo.10 .. 500,000 .. .. I .. 1,250,000 5 14 5-per-cent. Ten-forties — New Zealand Loan Act, 1876.. .. .. .. 1,000,000 1 Mar., 1878 1,000,000 1877.. .. .. .. 2,500,000 1 Mar., „ 2,500,000 3,500,000 5 15 Westland Loan Act, 1873 50,000 15 April, 1874 .. 50,000 5 15 May, 1914 15 0ct'.,' 1913 28 Nov., 1914 12,300 18,500 54,700 85,500 3,967 .. .. 85,500 I ■ ■ 10 General Purposes Loan Act, 1873 Colonial issue. 11 North Otago District Public Works Loan Act, 1872 12 4%-per-cent. Five-thirties .. .. ., .. E. Various. '■ I 15 Jan., 1884 504,400 I 103} \ "t 15Jan., 1885 j 745,600 | 102J J E. Various. 13 13 5-per-cent. Five-thirties .. •'I J- Ofltl A rtn _ _ _ . i i • t £92,400 accepted at par. 5 5 1 Mar., 1890: 2,207,3O0t! 95 1 May, 1886 1,292,700 1102 30 June, 1891 \ 50,000 I 107} .. .. .. .. .. .'. \\ '.'. 23 Mar., 1896 15,000 100 12 April, 1885 3,000* 100 .. t 492,400 accepted at par. 14 5-percent. Ten-forties 16 Nelson Loan Act, 1874 27,000 23 Mar., 1876 15,000 .. 7 3,000 .. 7 18,000 17 Wellington Debts Act, 1876 .. .. . .. 58,000 .. 16,500 .. 5 25,000 .. 5 16,500 .. 5 58,000 .. 18 New Zealand Loan Act, 1879 .. .. .. .. 5,000,000 1 Nov., 187S .. .. S Carried forward .. .. .. ..( .. .. . 20,907,411 15 Westland Loan Act, 1873 7 7 16 Nelson Loan Act, 1874 5 5 5 5,000,000 1878-79 58,000 iM 1000 qoQ rw, or! 1 Nov., 1879 4,476,000 120 1 1 Nov., 1889 388,000 9o ( ! May| 1886 la6i000 103 J 2,610,800 116,525 27,650 693,632 1,917,163 17 Wellington Debts Act, 1876 18 New Zealand Loan Act, 1879 S 5,802,200 .. 4,359,656 ' .. 13,391,9fO .. .. 4,503,700 .. .. 1,843,555 2—B. 16.

6

8.—16.

Return showing (1) Particulars of the Public Debt of the Colony on 30th June, 1878; (2) the several Increases and Decreases between that Date and the 31st March, 1896, whether arising from New Loans, or the Conversion of Old Loans, or from paying off any Loan; (3) the Rate of Interest and Sinking Fund payable in respect of each Loan ; (4) Particulars of the Public Debt on 31st March, 1896, showing in respect of each Loan (a) the Annual Charge for Interest and Sinking Fund, (b) the Amount of Outstanding Debt, (c) the Due Date thereof, (d) the accrued Sinking Fund, and (e) the Net Debt— continued.

Authority. au A tZ:i"eV I™e of Issue. Public Debt at 30th June. 1878. Annual Charge. iDt. S.P. Increases to 31st Mar., Ifc96 From From New Loans. Conversions Loans converted into or redeemed by Loans converted into or redeemed by Loans converted into Short-dated 3H>er-cent. Inscribed Stock. 4-per-cent. Inscribed Stock. Debentures. Decreases to 31st March, 1896. led into Short-dated ventures. Loans paid off. Annual Charge. , When due. I Anion lit. ■ Funds Net Debt. accrued. Interest. S.F. j i : £ £ £ £ £ £ 2,610,800 116,525 27,650 698,632 1,917,168 Public Debt at 31st March. 1800. No. Authority. Remarks. No. Date. Amount. 1 Terms. Date. Amount. Terms. Date. j Amount. Term [ Amount. Terms-! Date. Amount. Date. Brought forward 19 Treasury Bills— Treasury Bills Extended Currency Act, 1873 .. .. 400,000 1876 .. . 172,000 Appropriation Act, 1876 .. .. .. .. 110,000 Financial Arrangements Act, 1876 150,000 Treasury Bills Act, 1879 .. .. . .. 800,000 1880 200,000 20 New Zealand State Forests Act, 1885 .. .. .. .. 1886-89 21 District Railways Purchasing Act?, 1885, 1886 .. .. .. 1885-86 20,907,411 400,000 172,000 -110,000 150,000 K*T" . 832,000 ' .. 5 . .. 4 . £ £ 5,802,200 800,000 200,000 8,000 £ J 4,359,656 13,391,900 31 Dec, 1883 1,832,000 100 £ 4,503,700 £ 1,843,555 19 Treasury Bills .. 20 21 1894 12,000 104 INov., 1886 242,800 F 1895 1,000 100 .. .. I .. 1891 8,000 1888-89 87 1 April, 1905 1 April, 1905 101,600 20 20 I New Zealand State Forests Act, 1885 .. .. .. p. Included with issue of £1,325,000 authorised by " The New Zealand Loan Act, 1886." 357,487 1894-95 !? : .. 5 . 35,000 40,000 47,000 1 Nov., 1888 : 250,000 100 1 Oct., 1896 35,000 1 July, 1909 40,000 1 April, 1899 47,000 223,600i 11,001 .. .. 223,600 1 Oct., 1896 1 July, 1909 1 April, 1899 21 I District Railways Purchasing Acts, 1885, 1886 21 22 New Zealand Colonial Inscribed Stock Loan Act, 1882 .. 250,000 1882-83 .. 5 . 250,000 22 ■ 22 New Zealand Coloniallnscribed Stock Loan Act, 1882 22 23 Government Loans to Local Bodies Act, 1886 .. .. .. 1887-96 24 Public Revenues Act, 1886 .. .. .. .. 150,000 9 Oct., 1886 9 Oct., „ 25 Public Revenues Act, 1887 (No. 3) .. .. .. 400,000 1 Mar., 1888 23 .. 5 . 41 3} :: :: ? : 4J 405,000 337,800 169,500 48,00} IMar., 1893 400,000 100 .'. 1 July, 1894 200,000 100 IMar., 1895 50,000 100 j .. IMar., 1892 ! 405,000 100 1 Mar., „ : 44,000 100 IMar., 1896 463,300 100 10 Oct., 1891 50,000 100 10 Oct., 1891 100,000 31 Dec, 1900 1 14 per cent, per annum payaole on £960,300. rt « « lT L - , „ ,. .„__ The Land Assurance Fund is also charged with 23 Government Loans to Local Bodres Act, 1886 .. .. j por oent . as a contribution of Sinking Fund. ii 31 Dec, 1900 48,000 48,000 1,680 14.4O5J .. 48,000 23 100,000 50,000 400,000 24 24 Public Revenues Act, 1886 31 Oct., 1899 27,226 27,226 1,225 .. .. 27,226 31 Oct., „ 9,700 31 Oct., „ 140,000 149,700 6,785 .. .. 149,700 31 Mar., 1897 8,690 31 Oct., 1899 45,276 53,966 2,428 .. .. 58,966 25 25 Public Revenues Act, 1887 (No. 3) 26 Naval and Military Settlers' and Volunteers' Land Act, 1892 .. 1892-95 4J 27,220 31 Oct., 1899 26 26 Naval and Military Settlers' and Volunteers' Land Act, 1892 27 Native Land Purchases Act, 1892 .. .. .. .. 1892-94 28 Land for Settlements Act, 1892 .. .. .. .. .. 1893-94 29 Cheviot Estate Payment Act, 1893 .. .. ... 250,000 18 Oct., 1893 .. " .. 5 . .. | « ■ 41 41 9,700 140,000 31 Oct., „ 31 Oct., 27 27 Native Land Purchases Act, 1892 53,966 31 Mar., 1897 31 Oct., 1899 28 28 Land for Settlements Act, 1892 41 41 200,000 50,000 100 100 29 29 Cheviot Estaie Payment Act, 1893 30 Land for Settlements Act, 1894 .. .. .. .. .. 1894-96 .. 4 . 4 3J . 4 4 31 .. 134,100 24,200 15,000 31 Oct., 1899 134,100 30 April, 1926 24,200 31 Oct., 1899 15,000 : 173,300 6,857 173,300 30 Land for Settlements Act, 1894 .. ... 30 31 Lands Improvement and Native Lands Acquisition Act, 1894 500,000 1894-96 32 New Zealand Consols Act, 1894 .. .. .. .. .. 1894-96 31 .. 4 . 31 3t 4 31 3t 383,000 65,000 161,390 30 Sept., 1908 .. 448,000 17,595 .. .. 448,000 31 31 Landa Improvement and Native Lands Acquisition Act, 1894 32 New Zealand Consols Act, 1894 .. .. .. .. | 32 lFeb., 1910 .. 161,390 5,649 .. .. 161,390 32 33 Bank of New Zealand and Banking Act, 1895 .. .. 500,000, 1895 33 31 31 500,000 Uan., 1896 500,000 100 100 33 33 Bank of New Zealand and Banking Act, 1895 34 New Zealand Consolidated Stock Act, 1877 (4-per-cents)— New Loans— (1 Nov., 1882 New Zealand Loan Act, 1882 .. .. ..8,000,000 U Nov., (lNov., 1884 1884 ., .. ..1,500,000 1 May, 1885 1886 1,325,000 1 Nov., 1886 1888 .. .. ..'1,000,000 1 May, 1888 North Island Main Trunk Railway, 1882 .. ..; 1,000,000 1 May, Conversions .. .. •. • • .. .. | .. ' .. 35 New Zealand Consolidated Stock Act, 1877 (3J-per-cents)— I To redeem balances of loans of 1876, 1877,"and 1879 .. i .. Uan., 1890 To redeem balances of loans of 1860, 1863, 1867, and I .. 1891-96 sundry provincial loans 36 New Zealand Consolidated Stock Act 1887 (3-per-cents)— To make advances to settlers .. .. ..13,000,000 3 May, 1895 37 New Zealand Consolidated Stock Act, 1884— English issue—Conversions .. .. .. .. .. 15 April, 1885 15 Jan., 1886 16 April, „ Colonial issue—Conversions .. .. .. .. .. 1 Nov., 1888 j „ .. .. .. .. .. Various 10 Oct., 1891 1 Mm., 1892 I 1 Mar., 1896 I New Loans .. .. .. .. .. Various .. 28 May, 1892 28 May, 1893 .. 28 May, 1894 22 June, 1895 22 June, „ Totals 34 .. 4 . .. 4 . .. 4 . .. 4 . .. 4 . .. 4 . .. 4 . 3} 3j . .. 3 . .. 5 . .. 5 . .. 5 . .. 5 . .. 4} . i :: :: % : :: :: I : I :: :: % | : .. 4 . % 21,739,411 4 4 4 4 4 4 4 1,000,000 1 1,000,000 1,000,000 1,500,000 1,325,000 1,000,000 1,000,000 21,325,302 i •• " I I INov., 1929 1,000,000 INov., „ 1,000,000 INov., „ 1,000,000 INov., „ 1,500,000 INov., „ 1,325,000 1 Nov., „ 1,000,000 INov., » 1,000,000 INov., , 21,325,302 29,150,302 1,166,018 .. .. 29,150,302 Uan., 1940 2,768,000 Uan., „ 3,362,896 6,130,896 214,581 .. .. 6,130,896 1,166,018 !9,150,302 34 34 New Zealand Consolidated Stock Act, 1877 (4-percents) 35 3} 31 .. 2,768,000 3,362,896 214,581 6,130,896 35 35 New Zealand Consolidated Stock Act, 1877 (3J-per-cents) .. 3 5 5 5 5 I .. 4} H 41 3J : 3 i :: 41 4 Si 1,500,000 3,651,700 43,600 562,400 250,000 231,000 50,000 449,000 478,300 225,708 280,300 284,500 117,800 i 135,400 10,000 .. 15 April, 1892 3,651,700 107 15 Jan., „ 43,600 110 .. 15 April, „ 562,400 107 28 Nov., 1895 109,308 100 5,631,964 .. .. 19,724,400 ioo 5,716,000 ■ ■28 May, 1895 29,100 1,980,742 28 May, 1895 1 April, 1945 .. 1,500,000 45,000J .. .. 1,500,000 28 May, 1898 478,300 28 May, 1897 286,000 22 May, 1898 40,000 28 May, „ 1,306,100 28 May, , 117,800 28 May, . 135,400 28 May, ,, 10,000 2,373,600 100,663 .. ||85,259 2,288,341 '43,050,780 1,696,002 42,055 778,891 42 271 889 45,000J 1,500,000 36 36 New Zealand Consolidated Stock Act, 1877 (3-per-cents.) .. § Amount will be recouped by Government Advances to Settlers Office. II Represents the accrued Sinking Fund upon ,7 New Zealand Consolidated Stock Act, 1884 .. .. f^Zl^^to^T^Ztls^lts 31st March, 1896, of which £912,300 has been converted into Consolidated Stock debentures. 1185,259 778,891 2,288,341 42,271,889 II,192,277 J33,172,198 42,055 The Treasury, Wellington, 13th August, 1896. Approximate Cost of Paper.—Preparat'on, not given printing (1,400 oopi lesl, £ld 10s.: James B. Heywood, Secretary to the Treasury. Eobebt J. Collins, Accountant to the Treasury. Price, 6d.} By Authc )rity: John Mackay, Government ] Printer, Wellingt ton.—1896.