SINKING FUNDS.

Appendix to the Journals of the House of Representatives, 1897 Session II, B-08

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Sess. 11.—1897. NEW ZEALAND.

SINKING FUNDS.

REPORT AND ACCOUNTS OP THE COMMISSIONERS OP THE PUBLIC DEBTS SINKING PUNDS FOR THE YEAR ENDED 31st MARCH, 1897.

Presented to both Houses of the General Assembly in compliance with the 6th Section of " The Public Debts Sinking Funds Act, 1868."

EEPOET. Government Buildings, Wellington, 7th September, 1897. The Commissioners of the Public Debts Sinking Funds have the honour to lay before Parliament the account of their transactions for the year ended on the 31st March last, and in doing so to express their keen regret that death should have removed their late Chairman during the year, and that the colony should thus have sustained the loss of so eminent a man, of one who was so distinguished by the unselfish devotion of his great talents to the best interests of the Public Service, as James Edward FitzGerald, C.M.G. Debentures amounting to £16,800 issued under " The Auckland Loan Act, 1863," became due on the Ist June, 1896, and were duly met, except as to an amount of £600, the debentures for which were not presented for payment. All debentures issued under that Act having, with the foregoing exception, been redeemed, the balance, amounting to £32,430 12s. 9d., which the Commissioners held of the relative sinking funds, was released and paid into the Public Account. The last instalment, amounting to £9,200, of the debentures issued under " The Lyttelton and Christchurch Eailway Loan Ordinance, 1860," became due on Ist January last; but the debentures which had been presented for payment up to the close of the financial year amounted to no more than £4,700. These were paid off, and the same amount of sinking funds held in respect of the loans raised under that Act was released, and the amount paid over to the Treasury. J. K. Wakbukton, Chairman.

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the For the Year ended

2

RECEIPTS. £ s. a. j i £ s. d. " Auckland Loan Act, 1863 " :— Interest on Investments, — On £1,618, Immigration and Public Works Loan Debentures, 15 October, 1895, to 25 August, 1896, at 4J per cent. .. „ £600, Borough of Thames Debentures, October, 1895, to 25 August, 1896, at 5J per cent. .. „ £110, Borough of Brunner Debentures, 9 November, 1895, to 25 August, 1896, at 6 per cent. .. „ £7,040, General Purposes Loan Debentures, 15 November, 1895, to 25 August, 1896, at 5 per cent. .. „ £700, Borough of Tauranga Debentures, 1 November, 1895, to 25 August, 1896, at 5 per cent. .. „ £1,850, Consolidated Stock Debentures, 28 November, 1895, to 25 August, 1896, at 4J per cent. .. „ £80, County of Waitemata Debentures, 1 December, 1895, to 25 August,"1896, at 6 per cent. .. „ £9,350, Defence Loan Debentures, 31 December, 1895, to 25 August, 1896, at 4J per cent. .. „ £1,270, Westport Harbour 5-per-cent. Debentures, half-year to 1 July, 1896 „ £2,100, ditto, 2 March to 1 July, 1896 „ £3,370, ditto, 1 July to 25 August, 1896 „ £2,990, Patea Borough 5-per-cent. Debentures, 1 February, 1896, to 25 August 1896 „ £1,450, Wellington and Manawatu Railway 5-per cent. Debentures, 1 December, 1895, to 25 August, 1896, less income-tax „ £270, County of Tauranga Debentures, 1 January to 25 August, 1896, at 5 per cent. „ £200, Borough of Hokitika Debentures, 5 January to 25 August, 1896, at 6 per cent. „ £890, ditto, 2 March to 25 August, 1896 „ £860, Lands Improvement Loan Debentures, 31 March to 25 August, 1896, at 4 per cent. .. „ Bank balances 62 13 2 29 13 4 5 4 9 274 7 4 28 10 6 61 15 2 3 10 4 274 8 0 31 15 0 34 18 0 25 3 6 84 10 0 51 6 4 8 14 7 7 12 6 25 15 0 13 16 4 1 14 0 Investments realised, — 25 August, 1896, Defence and other Purposes Loan, 4£-per-cent. Debentures .. .. .. 9,350 0 0 25 August, 1896, Immigration and Public Works Loan 4J-per-cent. Debentures .. .. .. 1,618 0 0 25 August, 1896, Consolidated Stock 4J-percent. Debentures .. .. .. 1,850 0 0 25 August, 1896, Land Improvement Loan 4-per-cent. Debentures .. .. .. .. 860 0 0 25 August, 1896, Borough of Patea 5-per-cent. Debentures .. .. .. .. 2,990 0 0 25 August, 1896, Borough of Thames 5J-per-cent. Debentures .. .. .. .. 600 0 0 25 August, 1896, Borough of Tauranga 5 per-cent. Debentures .. .. .. ■ .. 700 0 0 25 August, 1896, Borough of Hokitika 6-per cent Debentures .. .. .. .. 1,090 0 0 25 August, 1896, Borough of Brunner 6 per-cent. Debentures .. .. .. .. 110 0 0 25 August, 1896, County of Wauemata 6-per-eent. Debentures .. .. .. .. 80 0 0 25 August, 1896, County of Tauranga 5-per-cent. Debentures .. .. .. .. 270 0 0 25 August, 1896, Westport Harbour Board 5-per-cent. Debentures .. .. .. 3,370 0 0 25 August, 1896, Wellington and Manawatu Railway 5-per cent. Debentures .. .. .. 1,450 0 0 Transferred from Investment Account— 25 August, 1896, General Purposes Loan, 5-per-cent. Debentures .. .. .. .. 28,000 0 0 1,025 7 10 52,338 0 0 53,363 7 10 Lyttelton and Chbistchuech Railway Loan, I860: — Interest on Investments, — On £651, Immigration and Public Works Loan Debentures, 15 October, 1895, to 2 March, 1896, at 4| per cent. „ £400, Borough of Thames 5J-per-cent. Debentures, 1 October, 1895, to 2 March, 1896 .. .. .. „ £450, Borough of Brunner 6-per-cent. Debentures, one year to 9 November, 1896 „ £1,221, General Purposes Loan Debentures, 15 November, 1895, to 2 March, 1896, at 5 per cent. „ £320, County of Waitemata 6-per-cent. Debentures, one year to 1 December, 1896 11 0 0 9 4 0 27 0 0 18 2 3 19 4 0 Carried forward 84 10 3 53,363 7 10

3

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1897.

DISBURSEMENTS. £ s. d. £ s. d. "Auckland Loan Act, 1863": — Investments, — 25 Aug., 1896. General Purposes Loan 5-per-cent. Debentures Funds released— 25 Aug., 1896. Payment to Public Account .. 4,000 0 0 „ „ General Purposes Loan 5-per-cent. Debentures handed to Treasury .. 28,000 0 0 8 Feb., 1897. Payment to Public Account .. 430 12 9 20,960 6 0 53,390 12 9 32,430 12 9 Lyttelton and Chbistchusch Railway Loan, 1860:— Investments, — 31 March, 1897. Consolidated Stock 4J-per-cent. Debentures Funds released, — 31 March, 1897. Consolidated Stock 4£-per-cent. Debentures handed to Treasury .. .. .. 4,700 0 0 4,700 0 0 9,400 0 0 .. 62,790 12 9 Carried forward ..

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the For the Year ended

4

s. s. Brought forward .. 84 10 3 53,363 7 10 Lyttelton and Cheistohubch Railway Loan, 1860 — continued. Interest on Investments— continutd. On £2,100, Westport Harbour 5-per-eent. Debentures, 1 January to 2 March, 1896 „ £2,010, Patea Borough 5-per-cent. Debentures, 1 February to 2 March, 1896 „ £3,940, Borough of Hawera 6-per-cent. Debentures, 1 February to 2 March, 1896 .. .. „ £11,715, Wellington and Manawatu Railway 5-per-cent. Debentures, one year to 1 December, 1896, less income-tax „ £20, Waimakariri-Ashley Water-supply Board 5-per-oent. Debentures, one year to 1 December, 1896 „ £510, County of Tauranga 5-per-cent. Debentures, one year to 1 January, 1897 .. „ £1,300, Borough of Hokitika 6-per-cent. Debentures, 5 January to 2 March, 1896 „ Bank balances 17 12 0 8 5 8 19 9 8 566 4 6 10 0 10,140 8 1 25 10 0 12 0 0 5 16 0 Securities realised, — 31 March, 1897. Wellington and Manawatu Railway 5-per-cent. Debentures Transferred from Investment Account, — 31 March, 1897. Consolidated Stock 4J-per-oent. Debentures 740 8 1 4,700 0 0 4,700 0 0 " Cantebbuby Loan Ordinance, 1862":— Contribution to Sinking Fund for year to 31 December, 1896, 1 per cent, on £16,000 Interest on Investments, — On £1,015, Immigration and Public Works Loan Debentures, one year to 15 October, 1896 „ £40, Borough of Brunner 6-per-cent. Debentures, one year to 9 November, 1896 „ £200, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1896 „ £2,260, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1896 „ £880, ditto, 2 March to ditto „ £2,660, Consolidated Stock 4J-per-cent. Debentures, one year to 28 November, 1896 .. ' .. „ £20, County of Waitemata 6-per-cent. Debentures, one year to 1 December, 1896 „ £670, Defence Loan 4J-per-cent. Debentures, one year to 31 December, 1896 .. „ £510, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1897 . „ £480, Wellington and Manawatu Railway 5-per-cent. Debentures, one year to 1 December, 1896, leas income-tax „ £270, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1896 „ £60, County of Tauranga 5-per-cent. Debentures, one year to 1 January, 1897 .. „ £50, Borough of Hokitika 6-per-cent. Debentures, one year to 5 January, 1897 „ £300, ditto, 25 August, 1896, to ditto „ £40, Land Improvement Loan 4-per-cent. Debentures, one year to 31 March, 1897 „ Bank balances 160 0 0 45 13 6 2 8 0 10 0 0 113 0 0 30 19 0 119 14 0 14 0 30 3 0 25 10 0 23 4 0 13 10 0 3 0 0 3 0 0 6 11 0 1 12 0 1 16 6 " Otago Loan Ordinance, 1862": — Interest on Investments, — On £1,200, Borough of Thames 5J-per-cent. Debentures, half-year to 1 April, 1896 .. .. „ £400, ditto, 2 March to ditto „ £1,600, ditto, half-year to 1 October, 1896 „ £600, ditto, 25 August to ditto „ £2,567, Immigration and Public Works Loan 4J-per-cent. Debentures, half-year to 15 April, 1896 „ £651, ditto, 2 March to ditto „ £3,218, ditto, half-year to 15 October, 1896 .. „ £1,618, ditto, 25 August to ditto .. .. .. . -., „ £1,700, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1896 „ £300, ditto, 25 August to ditto „ £370, Borough of Brunner 6-per-cent. Debentures, one year to 9 November, 1896 „ £110, ditto, 25 August to ditto „ £37,729, General Purposes Loan 5-per-cent. Debentures, half-year to 15 May, 1896 „ £341, ditto, 2 March to ditto I 591 5 0 33 0 0 1 16 0 44 0 0 3 6 8 57 15 2 3 13 0 72 8 2 10 3 0 85 0 0 2 15 6 22 4 0 17 3 943 4 6 3 9 3 Carried forward -1,284 2 6- 64,095 0 11

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5

COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1897.

s. s. Brought forward 62,790 12 9 ; ' Canterbury Loan Ordinance, 1862 " :— Investments, — 25 Aug., 1896. Borough of Hokitika 6-per-oent. Debentures 300 0 0 ' Otago Loan Ordinance, 1862": — Investments, — 25 Aug., 1896. Defence and Other Purposes Loan 4|-per-cent. Debentures .. .. ... „ „ Immigration and Public Works Loan Debentures „ „ Consolidated Stock Debentures „ Lands Improvement Loan 4-percent. Debentures „ Borough of Patea 5-per-cent. Debentures „ „ Borough of Thames 5J-per-cent. Debentures „ „ Borough of Tauranga 5-percent. Debentures „ „ Borough of Hokitika 6-per-cent. Debentures Borough of Brunner 6-per-cent. Debentures „ „ County of Waitemata 6-per-cent. Debentures „ „ County of Tauranga 5-per-cent. Debentures „ „ Westport Harbour Board 5-per-cent. Debentures „ „ Wellington and Manawatu Railway 5-per-cent. Debentures 31 Mar., 1897. Wellington and Manawatu Railway 5-per-cent. Debentures .. .. .. ... 9,350 0 0 1,618 0 0 1,850 0 0 860 0 0 2,990 0 0 600 0 0 300 0 0 790 0 0 110 0 0 80 0 0 270 0 0 3,370 0 0 1,450 0 0 4,700 0 0 28,338 0 0 Carried forward

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the For the Year ended

6

s. 8. Brought forward 1,284 2 6 04,095 0 11 " Otago Loan Ordinance, 1862 " — continued. Interest on Investments — continued. On £20,960, ditto, 15 May to 25 August, 1896 » £17,110, ditto, half-year to 15 November, 1896 „ £18,530, Consolidated Stock 4J-per-eent. Debentures, one year to 28 November, 1896 „ £1,850, ditto, 25 August to ditto .. „ £1,695, ditto, 4-per-eent. Debentures, one year to 28 November, 1896 „ £160, County of Waitemata 6-per-cent. Debentures, one year to 1 December, 1896 „ £80, ditto, 25 August to ditto .. .. .. .. „ £700, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1896 „ £3,810, Wellington and Manawatu Railway 5-per-cent. Debentures, one year to 1 December, 1896, less income-tax „ £1,450, ditto, 25 August to ditto .. „ £5,680, Defence Loan 4J-per-cent. Debentures, one year to 31 December, 1896 „ £9,350, ditto, 25 August to ditto .. „ £3,300, City of Dunedin Mortgage, at 7 per cent., one year to 1 January, 1897 .. „ £3,770, Westport Harbour Board 5-per-cent. Debentures, one year to 1 January, 1897 „ £3,370, ditto, 25 August to ditto „ £620, County of Tauranga 5-per-cent. Debentures, one year to 1 January, 1897 „ £270, ditto, 25 August to ditto „ £530, Borough of Hokitika 6-per-cent. Debentures, one year to 5 January, 1897 „ £410, ditto, 2 March to ditto „ £790, ditto, 25 August to ditto „ £1,100, Borough of Palmersfcon North 5-per-cent. Debentures, one year to 20 January, 1897 „ £145, Borough of Hawera 6-per-cent. Debentures, half-year to 1 August, 1896 .. „ £3,940, ditto, 2 March to ditto „ £85, ditto, 1 August to 20 August, 1896 „ £4,000, ditto, half-year to 1 February, 1897 .. „ £2,010, Borough of Patea 5-per-cent. Debentures, 2 March to 1 August, 1896 „ £2,010, ditto, half-year to 1 February, 1897 .. „ £2,990, ditto, 25 August to ditto .. „ £990, Land Improvement Loan 4-per-oent. Debentures, half-year to 30 September, 1896 .. „ £860, ditto, 25 August to ditto „ £1,850, ditto, half-year to 31 March, 1897 „ Bank balances 292 17 3 427 15 0 838 17 0 21 9 10 67 16 0 9 12 0 1 5 8 35 0 0 184 3 0 18 15 4 255 12 0 146 7 0 231 0 0 188 10 0 59 1 6 81 0 0 4 15 5 31 16 0 20 16 6 17 5 0 55 0 0 4 7 0 98 14 4 0 5 3 120 0 0 41 19 4 50 5 0 65 0 0 19 16 0 3 7 8 37 0 0 12 3 0 Securities realised, — 20 Aug., 1896. Borough of Hawera 6-per-cent. Debentures „ „ General Purposes Loan 5-per-cent. Debentures 31 Mar., 1897. Consolidated Stock 4J-per-cent. Debentures 4,670 14 7 85 0 0 20,960 0 0 4,700 0 0 Waitaba Habboub Boaed :— Interest on Investments, — On £49, Immigration and Public Works Loan 4J-per-cent. Debentures, one year to 15 October, 1896 „ £20, Borough of Brunner 6-per-cent. Debentures, one year to 9 November, 1896 „ £190, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1896 „ £210, Consolidated Stock 4J-per-cent. Debentures, one year to 28 November, 1896 „ £115, ditto, 4-per-cent. Debentures, one year to 28 November, 1896 „ £150, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1897 .. „ £85, Wellington and Manawatu Railway 5-per-cent. Debentures, one year to 1 December, 1896, less income-tax „ £30, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1896 „ £300, Government Loans to Local Bodies 3J-per-cent. Debentures, 9 March, 1896, to 1 March, 1897 .. „ £20, Borough of Hokitika 6-per-cent. Debentures, one year to 5 January, 1897 „ £10, Lands Improvement Loan 4-per-cent. Debentures, one year to 31 March, 1897 „ Bank balanoes 2 4 0 30,415 14 7 14 0 9 10 0 9 9 0 4 12 0 7 10 0 4 2 2 1 10 0 10 6 3 14 0 0 8 0; 0 7 0 52 6 5 Carried forward 94,563 1 11

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1897.

7

DISBXJESEMENTS. £ s. d. £ s. a. Brought forward 91,428 12 9 Carried forward 91,428 12 9

8 , .—8,

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the For the Year ended

8

s. s. Brought forward 94,563 1 11 Bobough of Hawera : — Contribution to Sinking Fund for one year to 1 August, 1896 Interest on Investments, — On £1,115, Borough of Hawera 6-per-oent. Debentures, one year to 1 February, 1897 „ £85, ditto, 20 August, 1896, to ditto „ Bank balances 52 0 0 66 18 0 2 5 9 0 16 Westpobt Habboub Boaed :— Contribution to Sinking Fund for one year to 1 March, 1897 Interest on Investments, — On £600, Immigration and Public Works Loan Debentures, one year to 15 October, 1896 „ £800, Borough of Thames 5J-per-cent. Debentures, one year to 1 October, 1896 „ £430, Borough of Brunner 6-per-oent. Debentures, one year to 9 November, 1896 , £200, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1896 „ £200, ditto, 25 August to ditto „ £3,680, Consolidated Stock 4J-per-cent. Debentures, one year to 28 November, 1896 .. ' .. „ £3,360, Consolidated Stock 4-per-cent. Debentures, one year to 28 November, 1896 „ £220, County of Waitemata 6-per-cent. Debentures, one year to 1 December, 1896 „ £330, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1896 „ £300, ditto, half-year to ditto „ £700, Defence Loan 4J-per-cent. Debentures, one year to 31 December, 1896 .. „ £1,620, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1897 „ £1,480, Wellington and Manawatu Railway 5-per-cent. Debentures, _ one year to 1 December, 1896, less income-tax „ £2,600, Government Loans to Local Bodies 3J-per-cent. Debentures, 9 March, 1896, to 1 March, 1897 „ £3,290, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1896 „ £210, County of Tauranga 5-per-cent. Debentures, one year to 1 January, 1897 „ £210, Borough of Hokitika 6-per-cent. Debentures, one year to 5 January, 1897 „ £40, Borough of Palmerston North 5-per-cent. Debentures, one year to 20 January, 1897 .. .. „ £1,230, Lands Improvement Loan 4-per-cent. Debentures, one year to 31 March, 1897 .. .. .. .. „ Bank balances .. .. .. .. .. j 1,500 0 0 27 0 0 44 0 0 25 16 0 10 0 0 1 17 0 165 12 0 134 8 0 13 4 0 16 10 0 7 10 0 31 10 0 81 0 0 71 10 8 89 7 7 164 10 0 10 10 0 12 12 0 2 0 0 49 4 0 5 15 11 2,4fi3 17 2 GjReymouth Habboub Board :— Contribution to Sinking Fund, for one year to 1 March, 1897 .. Interest on Investments,^On £500, Borough of Thames 5J-per-cent. Debentures, one year to 1 October, 1896 .. .. .. .. .. „ £500, Immigration and Public Works Loan 4J-per-cent. Debentures, one year to 15 October, 1896 „ £40, Borough of Brunner 6-per-cent. Debentures, one year to 9 November, 1896 „ £2,830, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1896 „ £600, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1896 „ £100, ditto, 25 August to ditto „ £1,620, Consolidated Stock 4|-per-cent. Debentures, one year to 28 November, 1896 .. .. „ £1,330, Consolidated Stock 4-per-cent. Debentures, one year to 28 November, 1896 .. .. .. .. .. | „ £200, County of Waitemata 6-per-cent. Debentures, one year to 1 December, 1896 „ £500, Defence Loan 4£-per-cent. Debentures, one year to 31 December, 1896 .. „ £900, Westport Harbour 5-per-cent. Debentures, one year to 1 Janu- , ary, 1897 .. .. .. .. .. .. i „ £980, Wellington and Manawatu Railway 5-per-cent. Debentures, one year to 1 December, 1896, less income-tax .. .. I „ £260, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one yea,r to 1 December, 1896 £200, ditto, half-year to ditto .. .. .. 1,000 0 0 27 10 0 22 10 0 2 8 0 141 10 0 SO 0 0 0 18 0 72 18 0 58 4 0 12 0 0 22 10 0 45 0 0 47 7 4 18 0 0 5 0 0 Carried forward .. .. .. .. .. 1,495 15 10 97,148 4 4

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1897.

2—B. 8.

8. s. d. Brought forward 91,428 12 9 iOROUGH OF HaWEEA :— Investments, — 20 Aug., 1896. Borough of Hawora 6-per-cent. Debentures 85 0 0 Habboue Boabd :— Investments, — 25 Aug., 1896. Borough of Tauranga S-per-oent. Debentures 5 Oct., „ Waimakariri - Ashley Water-supply Boavd 5-per-cent. Debentures 19 Dec, „ Land for Settlements Loan 3J-per-cent. Debentures .. 200 0 0 300 0 0 1,150 0 0 1,650 0 0 a rEEYMOUTH HaBBOUB BOARD :— Investments, — 25 Aug., 1896. Borough of Tauranga 5-per-cent. Debentures 5 Oct., „ Waimakariri-Ashley Water-supply Board, 5-per-cent. Debentures 19 Dec, „ Land for Settlements Loan Debentures .. 100 0 0 200 0 0 750 0 0 1,050 0 0 Carried forward 94,213 12 9

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the FOR THE YEAR ENDED

10

£ s. d. s. d. Brought forward 1,495 15 10 97,148 4 4 Gbeymouth Harbour Board — continued. Interest on Investments— continued. On £2,350, Government Loans to Local Bodies 3£-per-cent. Debentures, 9 March, 1896, to 1 March, 1897 „ £330, County of Tauranga 5-per cent. Debentures, one year to 1 January, 1897 „ £180, Borough of Hokitika 6 per-cent. Debentures, one year to 5 January, 1897 „ £20, Borough of Palmerston North 5-per-cent. Debentures, one year to 20 January, 1897 .. „ £860, Lands Improvement Loan 4-per-c«nt. Debentures, one vear to 31 March, 1897 „ Bank balances 80 15 8 16 10 0 10 16 0 10 0 34 8 0 4 7 6 Borough of Tauranga :— Contribution to Sinking Fund, for one year to 1 May, 1896 Interest on Investments, — On £80, Borough of Tauranga 5-per-cent. Debentures, 25 August to 1 November, 1896 „ £40, Borough of Brunner 6-per-cent. Debentures, one year to 9 November, 1896 „ £160, Consolidated Stock 4J-per-cent. Debentures, one year to 28 November, 1896 .. .. „ £90, Government Loans to Local Bodies 3£-per-cent. Debentures, 9 March, 1896, to 1 March, 1897 .. „ £80, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1896 „ £70, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1896 „ £10, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1897 .. „ £10, Borough of Hokitika 6-per-cent. Debentures, one year to 5 January, 1897 „ £10, Lands Improvement Loan 4-per-cent. Debentures, one year to 31 March, 1897 „ Bank balances 68 0 0 0 14 10 1,643 13 0 2 8 0 7 4 0 3 1 10 4 0 0 3 10 0 0 10 0 0 12 0 0 8 0 0 5 8 County of Waitemata :— Contribution to Sinking Fund for one year to 1 December, 1896 Interest on Investments, — On £30, Consolidated Stock 4A-per-cent. Debentures, one year to 28 November, 1896 „ £40, Westporfc Harbour 5-per-cent. Debentures, one year tol January, 1897 .. „ £100, Government Loans to Local Bodies 3J-per-cent. Debentures, 9 March, 1896, to 1 March, 1897 „ £30, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1896 „ £20, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1896 „ Bank balances 40 0 0 90 14 4 17 0 2 0 0 Borough of Brunner :— Contribution to Sinking Fund for one year to 9 November, 1896 Interest on Investments, — On £20, Borough of Taviranga 5-per-cent. Debentures, 25 August to 1 November, 1896 „ £30, Consolidated Stock 4J-per-cent. Debentures, one year to 28 November, 1896 .. „ £30, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1897 .. „ £40, Government Loans to Local Bodies 3J-per-cent. Debentures, 9 March, 1896, to 1 March, 1897 „ £20, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1896 „ £20, Borough of Palmereton North 5-per-eent. Debentures, one year to 20 January, 1897 „ Bank balances 3 8 9 1 10 0 10 0 0 3 7 49 9 4 30 0 0 0 3 8 17 0 1 10 0 36 11 1 17 6 10 0 10 0 0 2 11 Borough of Hokitika :— Contribution to Sinking Fund for one year to 5 January, 1897 .. Interest on Investments, — On £30, Consolidated Stock 4* - per - cent. Debentures, one ' year to 28 November, 1896 .. „ £320, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1897 .. „ £430, Government Loans to Local Bodies 3J-per-cent. Debentures 9 March, 1896, to 1 March, 1897 150 0 0 17 0 16 0 0 14 15 8 ■ J Carried forward 182 2 8 98,968 12 1

11

8.-8.

COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1897.

s. s. Brought forward 94,213 12 9 Borough of Tauranga :— Investments, — 25 Aug., 1896. Borough of Tauranga 5-percent. Debentures 80 0 0 County of Waitemata :— Investments, — 19 Dec, 1896. Land for Settlements Loan 3£-per-cent. Debentures .. 50 0 0 Borough of Brunner: — Investments, — 25 Aug., 1896. Borough of Tauranga 5-percent. Debentures 19 Dec, 1896. Land for Settlements Loan 3£-per-cent. Debentures .. 20 0 0 20 0 0 40 0 0 Borough op Hokitika :— Investments, — 19 Dec, 1896. Land for Settlements Loan 3J-per-cent. Debentures .. 30 0 0 Carried forward 94,413 12 9

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the For the Year ended

12

s. s. Brought forward 182 2 8 98,968 12 1 Joeouqh of Hokitika — continued. Interest on Investments— continued. On £10, General Purposes Loan 5-per-oent. Debentures, one year to 15 November, 1896 „ £20, Borough of Palmerston North 5-per-cent. Debentures, one year to 20 January, 1897 .. „ Bank balances 0 10 0 184 2 11 10 0 0 10 3 JOUNTY OF TaUBANGA I — Contribution to Sinking Fund for one year to 1 January, 1897 Interest on Investments, — On £80, Westport Plarbour 5-per-eent. Debentures, one year to 1 January, 1897 .. „ £90, Government Loans to Local Bodies 3J-per-cent. Debentures, 9 March, 1896, to 1 March, 1897 „ Bank balances 40 0 0 4 0 0 3 1 11 0 2 6 47 4 5 Balance on 31 Maboh, 1896 99,199 19 5 335 12 8 £99,535 12 1

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1897.

13

DISBURSEMENTS. £ s. a. £ s. a. Brought forward 94,413 12 9 Balance on 31 Mabch, 1897 94,413 12 9 5,121 19 4 £99,535 12 1 Wμ. and Accounti DODD, jit to the Com. Secretar issioners.

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14

STATEMENT of the Funds held by the Commissioners of the Public Debts Sinking Funds on the 31st March, 1897.

Loans in respect op which the Sinking Funds ARE HELD. Securities. . When Securities are redeemable. a O S "Lyttelton and Christen urch Railway Loan Ordinance, 1860." " Canterbury Loan Ordinance, 1862." " Otago Loan Ordinance, 1862." Waitara Harbour Board. Westport Harbour Board. Greyniouth Harbour Board. Borough of Tauranga. Borough of Hawera. Borough of Brunner. Borough of Hokitika. County of Waitemata. County of Tauranga. Totals. Defence and Other Purposes Loan Debentures Immigration and Public Works Loan Debentures General Purposes Loan Debentures Consolidated Stock Debentures Ditto .. Government Loans to Local Bodies Debentures Lands Improvement Loan Debentures '.. Land for Settlements Loan Debentures Borough of Patea Debentures Borough of Palmerston North Debentures Borough of Hawera Debentures Borough of Thames Debentures Borough of Tauranga Debentures JBorough of Brunner Debentures County of Waitemata Debentures County of Tauranga Debentures Waimakariri -Ashley Water-supply Board Debentures Ditto .. Waitara Harbour Board Debentures Ditto Westport Harbour Board Debentures .. Wellington and Manawatu Railway Debentures City of Dunedin Mortgage Borough of Hokitika Loan o/ .Iα £ S. d. £ s. d. £ s. d. £ s, d. £ s. a. £ s. d. & s. d. £ e. a. a s. d. £ s. d. £ s. d. £ s. a. £ S. d. 1 July, 1910 H 670 0 0 15,030 0 0 700 0 0 500 0 0 16,900 0 0 15 April, 1913 44 1,015 0 0 4,836 0 0 49 0 0 600 0 0 500 0 0 7,000 0 0 28 Nov., 1914 5 " 3,140 0 0 17,110 0 0 190 0 0 3,290 0 0 2,830 0 0 SO* 0 0 20 0 0 10 0 0 30 0 0 26,700 0 0 28 May, 1898 28 May, 1897-8 4 2,600 0 0 1,695 0 0 15,680 0 0 1 15 0 0 210 0 0 3,360 0 0 3,680 0 0 1,330 0 0 1,620 0 0 100 0 0 30 0 0 30 0 0 30 0 0 6,500 0 0 24,100 0 0 31 Dec, 1900 3i I 300 0 0 2,600 0 0 2,350 0 0 90 0 0 40 0 0 430 0 0 100 0 0 90 0 0 0,000 0 0 30 Sept., 1908 4 40 0 0 1,850 0 0 10 0 0 I,230 0 0 860 0 0 10 0 0 4,000 0 0 31 Oct., 1899 3* 1,150 0 0 750 0 0 20 0 0 30 0 0 50 0 0 2,000 0 0 1 Feb., 1898 5 5,000 0 0 5,000 0 0 20 July, 1905 5 1,100 0 0 40 0 0 20 0 0 20 0 0 20 0 0 1,200 0 0 1 Aug., 1897 6 4,000 0 0 1,200 0 0 5,200 0 0 1 Oct., 1917 5* 2,200 0 0 800 0 0 500 0 0 3,500 0 0 1 May, 19] 5 5 200 0 0 2,000 0 0 400 0 0 700 0 0 80 0 0 20 0 0 3,400 0 0 9 May, 1917 6 450 0 0 40 0 0: 4S0 0 0 I 20 0 0 430 0 0 40 0 0 40 0 0 .. .. 1,500 0 0 1 Dec, 1907 6 320 0 0 20 0 0 240 0 0 220 0 0 200 0 0 1,000 0 0 1 Jan., 1919 5 510 0 0 60 0 d S90 0 0 210 0 0 330 0 0 ! 2,000 0 0 1 June, 1905 1 June, 1906 5 5 20 0 0 270 0 0 700 0 0 30 0 0 330 0 0 300 0 0 260 0 0 200 0 0 70 0 0 20 0 0 1,700 0 0 500 0 0 •• 1 July, 1897 1 Aug., 1897 6 240 0 0 90 0 0 240 0 0 90 0 0 1 Jan., 1898 5 I j 510 0 0 7,140 0 0 I 150 0 0 1,620 0 0 900 0 0 10 0 0 30 0 0 320 0 0 40 0 0 80 0 0 10 ,800 0 0 1 June, 1905 1 July, 1898 5 Jan., 1904 5 7 6 7,015 0 0 480 0 0 350 0 0 9,960 0 0 3,300 0 0 1,730 0 0 85 0 0 !,480 0 0 210 0 0 980 0 0 180 0 0 .. 20,000 0 0 3,300 0 0 2,500 0 0 20 0 0 10 0 0 Cash in Bank of N.Z. .. _. 8,315 0 0 775 17 11 9,455 0 0 294 16 2 94,941 0 0 2,105 3 0 1,509 0 0 54 1 9 22,650 0 0 943 5 7 15,050 0 0 676 6 5 550 0 0 12 12 4 1,200 0 0 3G 10 1 180 0 0 4 19 10 840 0 o| 168 1 71 J270 0 0 II 6 21 170 0 0 48 18 6 155,130 0 0 5,121 19 4 Totals 9,090 17 11 9,749 16 2 97,046 3 0 1,563 1 9 23,593 5 7 15,726 6 5 562 12 4 160,251 19 4 1,236 10 lj 184 19 10] il,008 1 7 271 6 2 218 18 6 Wμ. Dodd, and Accountant to tl Seeretar e Commii sii

B.—B.

STATEMENT showing the Debentures of each Loan in Circulation, and the Sinking Fund accrued, on the 31st March, 1897.

STATEMENT of the Expenses incueeed during the Year ended 31st March, 1897. £ s. d. Secretary's salary .. .. .. .. .. .. .. .. .. .. 50 0 0 Fee to Mr. Brewer (Customs Audit) for audit of Commissioners' accounts .. .. .. ..220 £52 2 0 Wμ. Dodd, Secretary and Accountant to the Commissioners. Examined and found correct. H. W. Beewer, Customs Audit. Approximate Cost of Paper.— Preparation, nil; printing (1,385 copies), £d 18s.

By Authority: John Mackay, Government Printer, Wellington.--1897. Price 6d.]

15

Loans. Debentures in Circulation. of Sinking Fund. When redeemable. Sinking Funds accrued " Lyttelton and Christchurch Railwa.y Loan, 1860" .. .. .. .. 4,500 " Canterbury Loan Ordinance, 1862 " .. ! 16,000 " Otago Loan Ordinance, 1862 " .. ..I 72,200 1 I 9,000 Waitara Harbour Board Loans .. •• 1 6,000 I 650 Borough of Hawera Loans .. .. .. 5,200 Westport Harbour Board Loan .. .. 150,000 Greymouth Harbour Board Loan .. .. ; 100,000 Borough of Tauranga . . . . . • 3,400 County of Waitemata .. .. .. 1,000 Borough of Brunner .. .. .. 1,500 Borough of Hokittka ..' .. ..I 2,500 County of Tauranga .. . .. ! 2,000 I Per cent. ceased 1 ceased 1 1 1 1 I 1 2 2 6 •2 1 January, 1897 1915 and 1916 1 July, 1898 .. 1 July, 1897 .. 1 February, 1899 1 April, 1897 .. 1 April, 1897 .. 1 March, 1925 1 March, 1925 1 May, 1915 .. 1 December, 1907 9 May, 1917 .. 5 Ja,nuary, 1904 1 January, 1919 * * i £ a. d. 9,090 17 11 9,749 16 2 97,046 3 0 1,563 1 9 1,236 10 1 23,593 5 7 15,726 6 5 562 12 4 271 6 2 184 19 10 1,008 1 7 218 18 6 £373,950 I £160,251 19 4