ADVANCES TO SETTLERS: RETURN SHOWING IN DETAIL THE COST OF RAISING THE £1,500,000 ADVANCES TO SETTLERS LOAN.

Appendix to the Journals of the House of Representatives, 1898 Session I, B-13c

8.—13 c

1898. NEW ZEALAND.

ADVANCES TO SETTLERS: RETURN SHOWING IN DETAIL THE COST OF RAISING THE £1,500,000 ADVANCES TO SETTLERS LOAN.

Return to an Order of the House of Representatives dated the 11th August, 1898. Ordered, " That there be laid before this House a return showing the details of the cost of raising the £1,500,000 Advances to Settlers Loan, the return to furnish the names of all persons who received payments by way of commission, brokerage, &c.,.with particulars and amount of same." —(Hon. J. G. Wabd.)

Eeturn showing in Detail the Cost of raising the £1,500,000 Advances to Settlers Loan. Discount — £ s. d. £ 8 . d. At rates varying from £5 12s. to £3 per cent. ... ... 83,398 18 0 On instalments paid in anticipation ... ... ... 548 8 8 83,947 6 8 Commission — Bank of England, J per cent. ... ... ... ... 7,500 0 0 Bankers and brokers, J per cent. ... ... ... 3,732 0 0 • 11,232 0 0 Stamp duty, Imperial Government ... ... ... ... ... 9,375 0 0 Advertising and Printing— Paid by Bank of England ... ... ... ... 639 10 2 British Australasian ... ... ... ... ... 44 0 0 Street and Co. ... ... ... ... ... 103 18 0 Lake and Sisson ... ... ... ... ... 11 1 0 798 9 2 Cablegrams to and from London ... ... ... ... ... 351 5 g Miscellaneous — Stamps on scrip, postage, &c, paid by Bank of England ... 21 12 10 Postage paid by Agent-General ... ... ... 35 19 0 Solicitors'fees —Mackrell, Matson, and Co. ... ... 80 5 6 Clerical assistance—H. V. Anson, £45 Bs. 7d.; J. H. Campbell, £10 ... ... ... ... 55 8 7 193 5 11 £105,897 7 5 James B. Heywood, Secretary to the Treasury. Eobeet J. Collins, The Treasury, 24th August, 1898. . •• Accountant to the Treasury. Approximate Cost of Paper. —Preparation, not given; printing (1,360 copies), 19s. 6d.

By Authority: John Mackay, Government Printer, Wellington.—lB9B.

Price, 3d.}