PUBLIC TRUST OFFICE (ACCOUNTS OF THE) FOR THE YEAR ENDED 31st MARCH, 1899.

Appendix to the Journals of the House of Representatives, 1899 Session I, B-09

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1899. NEW ZEALAND.

PUBLIC TRUST OFFICE (ACCOUNTS OF THE) FOR THE YEAR ENDED 31st MARCH, 1899.

Laid before the General Assembly in pursuance of Section 36 of "The Public Trust Office Consolidation Act, 1894."

The Controller and Auditor-General to the Right Hon. the Colonial Treasurer. glB _ Audit Office, Ist May, 1899. I have the honour, in accordance with the provisions of section 36 of " The Public Trust Office Consolidation Act, 1894," to transmit to you the attached balance-sheet of the Public Trust Office for the year which ended on the 31st March last, and to report that I have examined this balance-sheet and found it correct. I have, &c., J. K. Warburton, Controller and Auditor-General. The Right Hon. the Colonial Treasurer, Wellington.

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James C. Martin, Public Trustee. M. C. Barnett, Accountant.

BALANCE-SHEET of the Public Trust Office for the Year ended 31st March, 1899.

Balances on 1st April, 1898. Transi .ctions. Balances on 31st March, 1899. Name of Account. Gr. Dr. Or. Dr. Or. Dr. Wills and truet properties placed in the office Intestates' estates .. Lunatics' estates Convicts' estates .. .. .. ,. Eeal estates "Unclaimed Lands Act, 1894" West Coast Settlement Reserves Native reserves Auckland Hospital reserves " Civil Service Reform Act, 1886 " .. " Post and Telegraph Classification and Regulation Act, 1890 " " Shipping and Seam'en's Act, 1877 " " Industrial Schools Act, 1882 " " Little Barrier Island Purchase Act, 1894 " .. " Bankruptcy Act, 1883 " " Defence Act, 1886 " .. Trustees' Relief Act " Public Works Act, 1882," sections 64 and 65 .. " Public Works Act, 1894," section 77 " Rating Act, 1882 " .. .. .. " "Rating Act, 1876" " Foreign Insurance Companies' Deposits Act, 1894 " " Advances to Settlers Act, 1894," Debenture Sinking Fund Account " Mangatu Empowering Act, 1893 " " Native Land Act Amendment Act, 1878," section 13, No. 2 " Native Land Laws Amendment Act, 1883," section 14 .. " Native Land Laws Amendment Act, 1895," section 71 .. " Native Land Court Act, 1894," section 68 " Native Equitable Owners Act, 1886 " " Maori Real Estate Management Act, 1888 " .. Natives at Wellington ... .. .. - Native 5-per-cents, Wairarapa Native 10-per-cents, Auckland Land Assurance Fund .. .. .. ■ .. Coal-miners' Relief Fund Railway Servants' Fund Police Reward Fund .. .. .. .. Permanent Militia Reward Fund New Lease Deposit Account Returned Cheque Deposit Account Mortgage Realisation Account Deficiency in Realisation of Mortgage Securities Suspense Account .. .. ..... Imprest Account Interest Account Accrued Interest Account General Investment Account Special Investment Account Special Loan Account Assurance and Reserve Fund Account Cash Profit and Loss Account .. .. I £ s. a. 585,685 10 7 54,810 14 4 24,366 3 3 37 10 3 7,444 0 3 1,432 2 10 25,416 6 6 15,144 1 4 55 17 5 18,956 19 10 801 12 9 247 19 8 307 5 9 551 14 0 3,011 9 11 19 2 8 318 18 3 191 16 4 70 0 0 1,770 2 6 7 4 9 5,000 0 0 98,401 9 9 150 18 4 785 12 5 1,741 19 11 64 14 0 1,083 18 9 5 18 3 17,578 13 11 659 13 2 252 16 7 2,542 7 5 81,004 6 7 1,304 18 8 2,544 3 8 1,679 3 11 1,398 12 3 42 15 5 47 1 4 1,203 16 3 770 9 3 1,497 7 0 9,022 6 11 £ s. d. ; £ s. d. 139,935 15 8 49,909 2 2 24,614 9 8 246 2 0 284 17 5 3,717 9 5 18,314 10 11 13,293 19 7 2,222 10 0 4,603 2 11 687 12 2 176 5 10 £ s. d. 85,546 9 4 47,770 1 8 16,535 16 3 125 9 3 1,996 15 6 2,157 8 1 17,170 13 4 12,989 8 11 2,612 14 7 1,184 7 9 0 19 6 159 13 1 £ s. d. 640,124 16 11 56,949 14 10 32,444 16 8 158 8 0 5,732 2 2 2,992 4 2 26,560 4 1 15,448 12 0 £ s. d. 334 7 2 22,375 15 0 1,488 5 5 264 12 5 : 307 5 9 551 12 2 3,029 6 6 345 13 2 0 1 10 327 16 7 19 2 8 5 12 2 0 10 516 1 11 61 4 10 24 9 7 392 16 7 7 4 9 5,022 3 10 172,804 2 9 70 19 10 15 12 10 305 10 7 64 14 0 1,076 16 1 318 18 3 135 12 8 47 11 3 1,893 7 10 22 3 10 105,992 9 1 250 0 0 106 0 0 47 18 10 247 17 11 •• 31,589 16 1 329 18 6 875 19 7 1,484 8 2 247 17 11 i 7 2 8 5 18 3 15,005 13 6 .. . 5,600 3 7 8,173 i 0 659 13 2 252 16 7 2,542 7 5 6,905 8 10 236 11 10 18 2 82 0 7 75 1 5 21 16 6 6 15 10 252 18 11 4,029 13 5 587 1 2 232 12 9 86 0 2 55 5 8 5 10 0 78,128 11 2 1,655 8 0 2,775 8 3 1,683 3 6 1,378 16 6 26 8 11 40 5 6 lio 12 6 477 8 0 363 11 5 477 8 0 3,015 13 0 ■• 200 0 0 3,170 15 5 1,048 13 10 200 0 0 7,002 18 8 635,400 2 2 277,571 7 9 40,680 2 11 13,420 5 3 109,920 2 6 26,157 10 0 4,727 0 4 1,251 9 10 524,723 18 5 19,137 8 10 40,680 2 11 12,142 15 5 131,364 3 0 34,383 0 0 4,784 19 0 " 712 10 7 , 2,748 16 10 5,725 8 10 656,844 2 8 285.796 17 9 48,667 7 10 489,569 5 2 16,314 3 7 13,512 14 7 11,845 12 2 • • 969,429 16 11 ! 969,429 16 11 1,120,062 1 9 1,120,062 1 9 962,413 11 0 962,413 11 0

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Public Trust Office Profit and Loss Account. Summary of Revenue and Expenditure for the Year ended 31st March, 1899.

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De. To Balance on 1st April, 1898 Commission and charges on properties placed in the office Interest, being surplus from investments Eents from securities taken over Valuation-fees Refund Advertising Account of West Coast Settlement Reserves.. Refund Crown-grant fees on account of West Coast Settlement Reserves.. Refund, proportion of lighting Government Advances to Settlers Office .. Amount transferred in respect of unauthorised expenditure for the year ended 31st March, 1898 Amount transferred in respect of unauthorised expenditure for the year ended 31st March, 1899 Sundries .. £ s. d. £ b. a. 9,022 6 11 9,802 18 6 8,473 11 1 252 18 11 87 17 6 124 10 6 12 10 3 8 12 6 254 18 7 6 12 11 112 18 1 By Expenses of management — £ e. d. Salaries, — Head Office .. .. .. 5,539 6 3 Branch offices and agencies .. .. 2,350 1 4 Agents' commissions Clerical assistance Cost of audit Services of Agent-General's Office Services of General Post Office Legal expenses Valuation-fees Travelling-expenses Native Reserves Board members' expenses General Post Office, postages .. .. .. Stamps, telegrams, and petties Printing, stationery, and office requisites Rent,— Head Office .. .. .. .. 475 0 0 Branch offices and agencies .. .. .. 284 15 6 Advertising Lighting, firing, and cleaning, Head Office and branches Furniture and fittings, Head office and branches Sundries .. £ s. d. £ s. a. 7,889 7 7 1,102 15 3 32 11 6 240 0 0 75 0 0 300 0 0 244 0 4 115 11 0 474 2 3 24 11 11 150 0 0 55 18 10 560 13 3 759 15 6 157 5 6 160 13 8 75 0 0 175 5 4 19,137 8 10 Land-tax Stamping and registering leases, *o. Assurance and Reserve Fund Deficiency on realisation of mortgage securities Expenses incurred in the intestate estate of F. F. Forsyth, not recoverable Expenses incurred in the estate of T. W. G. Butler, a lunatic, not recoverable Amount transferred to close Unauthorised Account .. 12,592 11 11 1,555 18 0 42 18 0 1,191 12 4 4m 0 6 6 12 11 174 18 5 261 11 6 Balance 3,721 11 8 11,845 12 2 £28,159 15 9 £28,159 15 9 £28,159 15

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PUBLIC TRUST OFFICE, n Interest Account for the Year ended 31st March, 1899. Cb. £ s d £ s d. £ s. d. £ s. d. ~ , . .j. tS ntT,« o „t» m w ISQS 6 417 67' By Accrued and overdue interest at 31st March, 1898, transferred .. 7,002 18 8 To Accrued and overdue interest at 30th September, 1898.. .. 0,11/ o / y Accrued and overdue interest at 30th September, 1898, transferred 6,417 6 7 Interest on mortgages .. •• •• " 7 066 18 4 Interest transferred to estates .. .. .. .. 18,776 14 8 Interest on Government securities .. ••••>™ " * Amounts refunded .. •• 9 1111 Interest on Kaihu Valley Railway Company (Lilted) debentures 1,100 0 0 Eerred to Profit and Loss Account .. .. 8,473 11 1 Interest on local bodies' debentures .. •• • •™J " J Interest on fixed deposits at banks .. •• • • 9 oq 7 a Interest on current account in bank .. •• • • 141 n 5 Sundry receipts .. •• •• _ „_ „1n Accrued and overdue interest at 31st March, 1899 .. •• 5,725 8 1U £40,680 2 11 " The Civil Service Reform Act, 1886." Db Statement of Account for the Year ended 31st March, 1899. Cb. £ s. d. £ s. d. £ s - d - £ s - d > , , . ~ IQOQ 18,956 19 10 By Amounts paid on retirement from the Service (inclusive of £193 To Balance on Ist April, 1898 .. •• •• •• 3867 ' 14 g 14s. Bd. wrongly deducted and subsequently refunded) .. 1,166 9 6 Deductions from salaries .. Wilson's romnensatfon ' Amounts paid Government Life Insurance Department under Amounts lodged on account of J. A. Wilsons compensation § - The Civil Service Insurance Act, 1893" .. .-. 4 9 11 account • • • • 71 y jj 7 Amounts refunded to Public Account .. .. .. 3 15 8 Interest added to account .. •• ■• 460g g n Amounts lodged in error refunded to Government Life Insurance Department .. .. .. .. •• 9 12 8 Balance , •• 2MW 15 0 £23,560 2 9 £23,560 2 9 -pj Consolidated Fund Account for the Year ended 31st March, 1899. Cb. £ s d £ s d 1899 £ s. d. £ 3. d. March3l. To Balances in the under-mentioned accounts, unclaimed ' March3l. 4 ,726 .\l for six years:— Intestates' estates .. •• •• Nik 9 Lunatics' estates.. . • • • • •i. a a " The Shipping and Seamen's Act, 1877" -. 8 4 4 « The Rating Act, 1876" .. .. • ■7 4 9 " The Rating Act, 1882" .. .. ■ • 201 13 2 " The Defence Act, 1886" .. .. •• 19 2 8 Returned Cheque Deposit Account .. .. 6 15 10 " The Bankruptcy Act, 1883" .. ■ • 250 8 3 Natives at Wellington .. •• • • 659 13 2 Native 5-per-cents, Wairarapa -.. ■ •? J Native 10-per-cents, Auckland .. .. 2,542 7 5 £4,726 5 6

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Securities held by the Public Trust Office on the 31st March, 1899.

A. A. K. Duncan, Deputy Public Trustee. M. C. Barnett, Accountant. Examined and found correct. —J. K. Warburton, Controller and Auditor-General. Approximate Cost of Paper. —Preparation, not given ; printing (1,875 copies), £6 ss.

Ey Authority: John Mackat, Government Printer, Wellington.—lB99. Price 6d.]

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Nominal Value. Cost Price. New Zealand Treasury bills Nos. 113, 114, and 115 .. " Lands Improvement and Native Lands Acquisition Act, 1891," debentures Nos. 270 to 284 " Lands Improvement and Native Lands Acquisition Act, 1894," debentures Nos. 399 to 408 and Nos. 439 to 453 " Land for Settlements Act, 1894," debenture No. 6 .. " Land for Settlements Act, 1894," debenture No. 163 " New Zealand Consols Act, 1894," Consols, inscription Nos. 41 and 49 " Immigration and Public Works Loan Act, 1870," debentures Nos. 4 to 11 and Nos. 1921 to 1925 " General Purposes Loan Act, 1873," debentures Nos. 32 to 35, and certificate No. 74 Kaihu Valley Railway Company (Limited), debentures Nos. 6 to 27 " Waimakariri-A3hley Water-supply Board Loan Act, 1894," debentures Nos. 1 to 3 Waimakariri-Ashley Water-supply Board, Brown's Rock Subdivision Loan, debentures Nos. 1 to 3 Borough of Onslow, debentures Nos. 1 to 5 .. " Dunedin Waterworks Loan Act, 1874," debentures Nos. 1032, 1033, 1044, 1074, 1075, 1137, and 1143 Borough of South Invercargill, debentures Nos. 11 to 20 Borough of Masterton Gasworks Loan, debentures Nos. 1 and 2 Wellington Gas Company (Limited), shares certificate National Mortgage and Agency Company of New Zealand (Limited), shares certificate South British Pire and Marine Insurance Company of New Zealand, shares certificate National Ba,nk of New Zealand (Limited), shares certificate .. Bank fixed-deposit receipts.. Mortgages £ s. d. 60,000 0 0 £ s. d. 60,000 0 0 15,000 0 0 15,000 0 0 25,000 0 0 5,000 0 0 5,000 0 0 25,000 0 0 25,000 0 0 5,000 0 0 5,000 0 0 25,000 0 0 1,300 0 0 1,172 0 0 1,200 0 0 22,000 0 0 3,000 0 0 1,036 0 0 23,100 0 0 3,000 0 0 3,000 0 0 5,000 0 0 3,000 0 0 5,000 0 0 600 0 0 1,000 0 0 200 0 0 300 0 0 639 0 0 1,000 0 0 200 0 0 800 0 0 364 0 0 364 0 0 23 0 0 747 10 0 1,688 15 4 766,370 15 1 23 0 0 747 10 0 1,688 15 4 766,370 15 1 Total £941,794 0 5 £942,641 0 5 General Investment Account .. .. .. £65( Special Investment Account .. .. 28i ,844 2 8 ,796 17 9 £94! ,641 0 5