THE PUBLIC DEBT OF THE COLONY (RETURN SHOWING PARTICULARS OF) AS ON 31st MARCH, 1900.

Appendix to the Journals of the House of Representatives, 1900 Session I, B-18

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1900. NEW ZEALAND.

THE PUBLIC DEBT OF THE COLONY (RETURN SHOWING PARTICULARS OF) AS ON 31st MARCH, 1900.

Return to an Order of the House of Representatives, dated the 26th July, 1900. Ordered, "That there be laid before this House a Return showing for 1900 the particulars of the public debt of the colony, in continuance of 8.-18 a. of 1899."

Statement of the Securities in which the Sinking Funds of the several Loans were invested on the 31st March, 1900. Investments in— £ s. d. New Zealand 5-per-cent. Debentures .. .. .. .. .. 3,470 0 0 „ 4J-per-cent. Debentures .. .. .. .. .. 1,700 0 0 4-per-cent. Inscribed Stock .. .. .. .. .. 120,731 16 7 „ 3J-per-eent. Inscribed Stock .. .. .. .. .. 2,571 3 7 „ 3J-per-cent. Debentures .. .. .. .. .. 520 0 0 County of Tauranga 5-per-cent. Debentures .. .. .. .. .. 60 0 0 Borough of Brunner 6-per-cent. Debentures .. .. .. .. .. 840 0 0 Borough of Hokitika 6-per-cent. Debentures .. .. .. .. .. 1,860 0 0 Borough of Patea 4J-per-cent. Debentures .. .. .. .. .. 200 0 0 Borough of Thames s|-per-cent. Debentures .. .. .. .. .. 900 0 0 Borough of Tauranga 5-per-cent. Debentures .. .. .. .. 200 0 0 Westport Harbour Board 4-per-cent. Debentures .. .. .. .. 550 0 0 Wellington and Manawatu Railway Company 5-per-cent. Debentures .. .. 540 0 0 Waimakariri-Ashley Water-supply 5-per-cent. Debentures .. .. .. 320 0 0 Canada 2J-per-cent. Stock .. .. .. .. .. .. 13,666 15 11 Canada 3-per-cent. Stock .. .. .. .. .. .. 32,670 17 3 Canada 3J-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 .. .. .. .. .. 37,781 7 0 New South Wales 3J-per-cent. Stock .. .. .. .. .. 84,269 13 4 New South Wales 4-per-cent. Stock .. .. .. .. .. 5,486 6 7 New South Wales 4-per-cent. Debentures .. .. .. • .. .. 20,800 0 0 South Australia 3-per-cent. Stock .. .. .. .. .. .. 85,82115 10 South Australia 3J-per-cent. Stock .. .. .. .. .. 38,068 11 6 South Australia 4-per-cent. Stock .. .. .. .. .. .. 4,851 0 5 South Australia 4-per-cent. Debentures .. .. .. .. .. 24,700 0 0 Viotoria 3-per-cent. Stock .. .. .. .. .. .. 8,444 13 7 Victoria 3£-per-cent. Stock .. .. .. .. .. .. 77,009 4 1 Victoria 4-per-cent. Stock .. .. .. .. .. .. 43,233 17 4 Victoria 4-per-cent. Debentures .. .. .. .. .. .. 21,800 0 0 Mortgages .. .. .. .. .. .. .. .. 103,300 0 0 848,589 14 8 Cash balance on 31st March, 1900 .. .. .. 95,786 0 3 Total .. .. .. .. £944,375 14 11

Statement of Treasury Bills outstanding on 31st March, 1900, showing the Date on which, and the Authority under which, they were issued, and the Date on which they are due.

I—B. 18.

Date of Issue. Amount. Eate of Interest. Due Date. Authority for Issue. 1899. December 31 .. 1900. [arch 31 £ £ 150,000 84 % 550,000 3i % £700,000* .. Dec. 31, 1900 ] [ "Public Revenues Act, 1891," and amending Act6. .. Dec. 31, „ J Total * In renewal of former issues.

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PARTICULARS of Loans converted to 31st March, 1900, under Operation of "The New Zealand Consolidated Stock Act, 1877," and "The Consolidated Stock Act, 1884."

2

GO M 4-per-cent. Inscribed Stock, maturing 1st Nov., 1929. 3^-per-cent. Stock, maturi 194( Inscribed Lng 1st Jan., 3-per-cent. ] Stock, maturii 19? [nscribed ag 1st April, 15. Converted into Short-dated DebenLoans. Due Date. Amount converted or redeemed. From what Date. X For For ReConversion, demption. For Conversion. For Redemption. For Conversion. For Redemption. " The Consolidated Stock Act, 1884." I 'I £ £ £ Amount of Debentures. Interest p. c. p.c. 4 6 6 £ 50,000 £ £ £ 50,000 £ £ New Zealand Loan Act, 1856 New Zealand Loan Act, 1860 1 July, 1894 1 July, 1891 19,000 74,100 500,000 65,600 18,700 6,200 1,400 43,600 2,600 200 3,300 900 500 46,700 1 July, 1894 1 May, 1886 1 July, 1891 io9 104 20,710 | 77,064 93,100 '• New Zealand Loan Act, 1863 4 5 5 5 5 5 5 5 5 5 5 6 1 Nov., 1915 15 July, 1914 1 Nov., 1892 1 May, 1886 1 Jan., 1895 117 1124 114 1144 111 Par 121 120 118 119 117 109 73,800 21,318 7,099 1,554 610,000 1 Jan., 1896 15 Jan., 1886 1 April, 1897 " "' •• 3,146 240 3,894 1,071 585 43" 600* 5 1 April, 1898 1 Oct., 1897 1 April, 1899 1 May, 1886 I " - •■ 15 Mar., 1891 50^903 Moot 159,536 6 6 6 6 6 6 5 5 15 June, 1891 15 Dec., 1891 154,800 47,600 188,400 20,100 4,900 68,900 76,000 2,700 15 Mar., 1891 1 May, 1886 15 June, 1891 1 May, 1886 15 Dec, 1891 t 104 109 104 109 104 110 1154 115 51,884 2i,909 195\936 5,096 75,790 87,780 3,105 •• I - I ! •• - I I - •• . ••■ 1 July, 1894 i Consolidated Loan Act, 1867 5 5 5 5 5 5 5 5 5 5 5 3,651,700 562,400 38,200 200 330,400 104,356 68,786 70,200 53,300 39,300 64,000 1,253.100 Par Par 106 36 years 36 years 36 years 36 years 36 years 36 years 36 years 36 years 36 years 36 years 1 Jan., 1893 15 April, 1885 15 April, 1886 1 May, 1886 1 Jan., 1891 1894-95 1895-96 1896-97 1897-98 1898-99 1899-1900 1 Jan., 1893 106J 40,492 200t 321,573 63,195 27,061 33,300 44,656 44,000 3,651,700: 562,400§ 5 5 Lyttelton and Christchurch Railway Loan Ordinance, 1860 31,570 11,329 208 45,000 45,000 47,000 ' 68^000 \t 1 July, 1893 1 July, 1894 4,982,842 1891 109 111 218 6,660 200 6,000 6,200 .. Carried forward 6,385,242 259,698 1,122,585 781,956 52,043 137,000 4,257,700 * 6 years' currency, to 15th January, 1892; then converted into 4-per-cent. Inscribed Stock at 110. t Dealt with under " The Lost Debentures Act, 1886." Inscribed Stock at 107. § 6 years, to 15th April, 1892; then converted into 4-per-cent. Inscribed Stock at 107. I 7 years, to 15th April, 1892; then converted into 4-per-oent. II Various.

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PARTICULARS of Loans converted to 31st March, 1900— continued.

3

a 4-per-cent. Stock, matur 192 Inscribed ing 1st Nov., 3. 3J-per-cent. Inscribed Stock, maturing 1st Jan., 1940. 3-per-cent. ] Stock, maturii 194! inscribed ]g 1st April, i. Converted into Short-dated DebenLoans. Due Date. Amount converted or redeemed. From what Date. For Conversion. For Redemption. For For ReConversion, demption. For Conversion. For Redemption. " The Consolidated Stock Act, 1884." p. o. 11 Sept., 1913 2 Jan., 1915 £ £ 6,385,242 £ £ 259,698 £ £ 1,122,585 7,888 1,250 I £ 781,956 £ 52,043 £ 137,000 Amount of Debentures. £ 4,257,700 Interest p. o. Brought forward Canterbury Loan Ordinance, 1862 .. 6 6 5,800 1,000 ! 1891 1895 136 125 I •■ Otago Loan Ordinance, 1862 6,800 6 6 6 6 6 6 6 6 6 6 1 July, 1898 23,700 1,000 6,600 8,100 1,000 2,500 1,600 900 1,200 69,700 1891 1174 1164 1134 1104 105 106 1034 Par 1034 27,847 • 1,168 7,491 8,950 1,050 2,650 1,656 " 1892 1894 " " 1895-96 1896-97 1897-98 1 April, 1898 1 July, 1898 Auckland Loan Act, 1863 "900 1,242 70 ,'000 6 6 6 6 1 June, 1896 11,800 2,000 1,000 16,800 116,300 1891 1894-95 1895-96 1896-97 114 109 107 13,452 2,180 1,070 Nelson Loan Act, 1874 31,600 17 |000 7 7 12 April, 1885 23 Mar., 1896 3,000 15,000 12 April, 1885 23 Mar., 1896 Par Par I 3,000 15,000 44 34 Wellington Loan Act, 1866 Defence and Other Purposes Loan Act, 1870 Immigration and Public Works Loan Act, 1870 8 1 July, 1886 , I 18,000 13,500 1 July, 1886 Par i I [ 13,500 (25,000 |25,000 }sj 31 Dec, 1885 50,000 31 Dec, 1885 Par ! " 5 5 44 4 4 15 April, 1913 9,000 100 15 April, 1897 108 108 9,720 108 Five-per-cent. Five-thirties 9,100 5 5 15 July, 1906 504,400 745,600 15 Jan., 1884 15 Jan., 1885 1034 1024 522,054 764,240 Four-and-a-half -per-cent. Five-thirties.. 44 4* 44 | 1 Feb., 1904 I \ and J ) 1 Feb., 1905 I 3,053,900 1,891,200 1,054,900 jl,250, 000 1 Feb., 1884 1 Feb., 1886 1 Aug., 1886 103 101 Various 3,145,517 1,910,112 Five-per-cent. Ten-forties General Purposes Loan Act, 1873 6,000,000 1,292,700 1,060! 000 5 4 4 4 44 5 5 1 Mar., 1918 15 Oct., 1883 15 May, 1914 15 Oct., 1913 15 Oct., 1885 28 Nov., 1884 15 Dec, 1888 I I 1 May, 1886 28 Nov., 1884 1 April, 1899 102 Par 108 108 Par Par Par 1,318,554 20,900 1,500 1,100 6,200 87,900 49,500 20,900 4 i,620 1,188 Westland Loan Act, 1873 Treasury Bills Acts, 1879 and 1880 .. New Zealand Loan Act, 1879 15 Oct., 1885 28 Nov., 1884 15 Dec, 1888 6,200 87,900 49,500 5 44 44 5 5 5 5 15 April, 1894 1 Jan., 1886 1 Nov., 1889 4,476,000 136,000 167,100 50,000 1,832,000 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 •• •• 4,612,000 •• Carried forward * 21,834,342 1,252,987 798,956 66,821 ■- 14,499,215 1,824,240 207,000 4,503,700

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PARTICULARS of Loans converted to 31st March, 1900— continued.

4

4-per-cent, Inscribed Stock, maturing 1st Nov., 1929. Stock, maturi 194( Inscribed ing 1st Jan., n 3-per-cent. Inscribed Stock, maturing 1st April, 1945. Converted into Short-dated DebenDue Date. Amount converted or redeemed. From what Date. 0. Loans. Terms. For For ReConversion, demption. " The Consolidated Stock Act, 1884." For Conversion. For Redemption. For Conversion. For Redemption. p.c. £ £ 21,834,342 £ 14,499,215 242,800 £ 1,824,240 £ 1,252,987 £ 798,956 £ 66,821 £ 207,000 Amount of Debentures. £ 4,503,700 Interest p. c Brought forward District Railways Purchasing Acts. 1885 and 1886 4 4 5 5 34 1 April, 1905 242,800 12,000 1,000 4,500 22,000 25,000 35,000 1 Nov., 1886 1 July, 1894 1 July, 1895 1 Oct., 1898 1 April, 1899 Par 104 Par 1054 i 12,480 1,000 - .. 1 April, 1899 4,748 22,981 " Colonial Inscribed Stock Act, 1882 .. Five-per-cent. Ten-forties New Zealand Loan Act, 1879 Government Loans to Local Bodies Act, 1886 Par 25,000 28 May, 1898 1 April, 1898 35^000 5 5 5 I? 1? 1 Nov., 1888 1 Mar., 1918 1 Nov., 1889 1 Mar., 1892 342,300 250,000 2,207,300 388,000 1 Nov., 1888 1 Jan., 1890 1 Jan., 1890 1 Mar., 1892 Par 95 95 Par Par 500* l 2,768,000 250,000 5 44,000 405,000 •• - •• 44,000 405,000 44 44 I 1 Mar., 1896 463,300 912,300 50,000 400,000 1 Mar., 1896 Par 463,300 34 Public Revenues Act, 1886 Public Revenues Act, 1887 (No. 3) .. Cheviot Estate Payment Act, 1893 .. 5 44 44 44 10 Oct., 1891 1 Mar., 1893 18 Oct., 1900 10 Oct., 1891 1 Mar., 1893 1 Jan., 1894 1 Jan., 1895 Par 420,000 200,000 50,000 50,000 44 200,' 000 50,000 "• •• Naval and Military Settlers' and Volunteers' Land Act, 1892 Native Land Purchase Act, 1892 44 5 44 31 Oct., 1899 250,000 26,906 31 Oct., 1899 .. .. i 28,000 Consolidated Stock Act, 1884 5 5 5 44 44 44 44 44 44 4 34 15 April, 1892 28 Nov., 1895 28 May, 1897 15,000 3,651,700 562,400 43,600 109,308 218,816 44,216 100,000 40,000 1,181,829 251,137 585,858 24,200 600 24,700 31 Oct., 1899 15 April, 1892 28 Nov., 1895 28 May, 1897 107 107 110 Par Par 3,907,319 601,768 47,960 109,308 I I •• " 218,816 26,400 ., 45^000 " .. 28 May, 1898 22 May, 1898 28 May, 1898 13 Dec., 1897 1 April, 1898 Par I i 100,000 40,000 1,181,829 251,137 585,858 .. I I i Land for Settlements Act, 1894 30 April, 1926 31 Oct., 1899 6,788,864 110 4 34 1 Oct., 1896 31 Oct., 1899 26,620 600 Lands Improvement and Native Lands Acquisition Act, 1894 Bank of New Zealand and Banking Act, 1895 Aid to Public Works and Land Settlement Acts, 1896 and 1897 4 30 Sept., 1908 24,800 100,000 1 Oct., 1897 100,000 34 31 Dec, 1896 500,000 1 Jan., 1896 Par 500,000 3J 3 3 3± 1 Feb., 1899 3 Mar., 1899 11 Mar., 1899 5 April, 1899 100,000 125,000 10,000 100,000 3 Mar., 1899 11 Mar., 1899 Par Par 125 |000 10,000 100,000 Expenses of Conversion For further Conversions ■■ 100 ', 000 335,000 202,000 15,000 40,000 687,000 47,936 - 19,299,062 2,026,240 1,876,275 4,284,892 2,668,810 5,716,000 Totals 34,434,512 h I •• £ £36,558,279 ) * Pealt with under " The Lost Debentures Act, 1886."

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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, 1900, 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, 1900, 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.

2—B. 18.

5

Public Debt at 30th June, 1878. Increases to 31st Mar., 1900. Decreases to SisMarch, 1900. Public Debt at ilst March, 1900. No. Authority. Amount authorised. Date of Issue. Annual Charge. Int. S.F. From From New Loans. Conversions. Date. Terms. 3-per-cent. Inscribed Stock. Loa] is converted i: 3^-per-cent. Inscribed Stock. ito or redeem, sdby Loans paid off. When due. Amount. Annual Charge. Sinking Funds Net Debt. Ami >unt. 4-per-cent. Inscribed Stock. Short-dated Debentures. Interest. S.F. iccrued. 1. £ £ £ 311 £ £ £ £ £ £ £ 311 300,000 25,000 25,000 50,000 50,000 £ £ £ £ £ £ 1 2 Ordinance of Legislative Council New Zealand Loan Act, 1856 500,000 300,000 25,000 25,000 50,000 50,000 50,000 4 4 4 4 4 4 1896 1888 1 July, 1859 1 Oct., 1 July, 1864 1889 New Zealand Loan Act, 1860 93,100 1894 50^000 3 150,000 1 July, 1861 6 2 1891 1886 1894 1886 1886 1894 1895 104 109 1154 1124 A 115 114 1144 111 120 121 118 119 117 117 104 109 104 109 104 109 110 74,100 19,000 4 New Zealand Loan Act, 1863 3,000,000 15 July, 1864 488,000 5 1 76,000 65^600 43,600 X 2,700 18,700 6,200 1,400 1896 1897 200 2,600 3,300 900 500 1 Nov., 1865 15 Mar., 1866 500,000 201,500 4 0 '2 1898 1897 1899 1892 1891 1886 1891 1886 1891 1886 1891 500,000 154,800 188i400 46,700 15 July, 1914 266,300 15 June, 1867 236,000 6 2 47,600 15 Dec, 93,900 6 2 4^900 New Zealand Consolidated Loan Act, 1867— English issue 1,519,400 68^900 20*100 1891 1886 1885 1894 1886 1879-96 1894 266,300| 13,315 2,663| 123,303 142,997 7,283,100 I 6,531,400 106 B 200 38^200 33!300 3,651,700 C 562^400 1,222^858 1084 1074 107 106 102 106 105 100 100 105 1064 107 108 271,000 6,400 7,600 4,600 7,500 51.000 8,700 44,656 68,786 1895 Colonial issue 1896 1897 1898 104 105 2,000 3,800 6,500 17,100 40,800 1,100 9,700 42,500 39,100 200 Annual { drawings I 389,700 19,485 3 389,700 1899 104 106J 77,000 1 Jan., 1873 15 April, 64,000 13,000 5 4 1893 64,000 I Public Debts Act, 1867— Auckland Loan Act, 1863 500,000 1 July, 1863 77,000 31,600 0 2 1891 1894 1895 1896 1886 1880-81 1891 1893 1891 1894 1896 1897 114 109 107 11,800 2,000 1,000 16,800 5 April, 1913 13,000 ■520 13,000 Wellington Loan Act, 1866 Nelson Waterworks Loan Act, 1864 Lyttelton and Ch'ch. Railway Loan Ordinance, 1860.. 50,000 20,000 300,000 1 July, 1866 13,500 6,200 77,700 8 8 6 2 2 2 100 13 ', 500* 6\200 Various 109 200 111 6,000 28|500 Canterbury Loan Ordinance, 1862 15,200 18,600 4,700 4,500 Otago Loan Ordina ace, 1862 500,000 500,000 1 July, 1863 22,800 116,700 6 6 1 1 1891 1895 1891 1892 1894 136 125 l'°4 1174 1134 1104 105 106 1034 100 1034 5,800 1,000 1,000 23,700 6,600 8,100 1,000 2,500 1,600 2 Jan., 1915 2 July, 1916 3,800 12,200 16,000 960 160 11,788 4,212 1895 1896 1897-93 1898-99 900 1,200 69,700 Immigration and Public Works Loan Act, 1870 Guaranteed by Imperial Government .. £1,000,000 4,000,000 1 June, 1871 1 June, 1873 200,000 1 July, 1898 1 June, 1907 1 June, „ 200,000 800,000 400 400 Colonial issue .. .. .. 400,000 4 4 2-4 2-4 800 ] 000 363,000 27,900 1,000,000 40,000 24,000 610,827 389,173 Consolidated Loan of 1867 .. .. 2,100,000 ty-per-cent. Five-thirties .. .. 500,000 Included Included 15 April, 1875-78 in No. 5. in No. 12. 372,100 25,700 397^800 4 2^200 1897-99 108 9,100 15 April, 1913 15 April , „ 390,900 15,776 390,900 £4,000,000 Carried forward 2,076,300 90,056 26,823 745,918 1,330,38! 9,587,511 802,200 251,200 1,802,942 237,200 4,271,200 1,750,869 A. Six years' currency to 15th January, 1892 ; then converted into 4-pei :k at 107. * Included in sum of £231,000, No. 35. § Further ci :-cent. Inscribe' ontributions of Stock at 110. Sinking Fund not requii B. Seven years' currency to 15th April, 1892 ; then converted into 4-per-cenfc. Inscribed Stock at 107. red. C. Six years' currency to 15th April, 1892 ; then converted into 4-per-cent. Inscribe, itocl

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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, 1900, 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, 1900, 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.

6

Public Debt at 30th June, 1878. Increases to 31st Mar., 1900. Decreases to 31st March, 1900. Public Debt at ilst March, 1900. No. Authority. Amount authorised. Date of Issue. Annual Charge. Int. S.F. From From New Loans. Conversions. Date. Terms. 3-per-cent. 3J-per-cent. Inscribed Inscribed Stock. Stock. Loans converted into or redeem, sdby Loans paid off. When due. Amount. Annual Charge. Sinking Funds accrued. Net Debt. Ami >unt. 4-per-cent. Inscribed Stock. Short-dated Debentures. Interest. S.F. £ £ £ 9,587,511 £ 802,200 £ £ 251,200 £ 1,802,942 £ 237,200 £ 4,271,200 £ 1,750,869 £ £ 2,076,300 £ 90,056 £ 26,823 £ 745,918 £ 1,330,38! Brought forward Defence and Other Purposes Loan Act, 1870 Consolidated Loan of 1867 .. .. £600,000 5-per-cent. Five-thirties .. .. 250,000 Colonial issue .. .. .. 150,000 1,000,000 Included Included in No. 5. in No. 13. 50,000 75,000 20,000 5,000 1885 50,000* 100 15 April, 1913 1 July, 1910 1 July, „ 75,000 20,000 5,000 £1,000,000 15 April, 1873 1 July, 1880 25 June, 1881 54 4 44 44 150^000 100,000 4,125 Immigration and Public Works Loan Act, 1873 5-per-cent. Five-thirties .. .. £500,000 44 „ „ .. .. 1,500,000 2,000,000 Included Included in No. 13. in No. 12. 100,000 £2,000,000 10 General Purposes Loan Act, 1873 5-per-cent. Five-thirties .. .. £500,000 Colonial issue .. .. .. 250,000 £750,000 750,000 Included in No. 13. 15 May, 1874 15 Oct., 1873 12,300 49,500 20,900 18,500 6,200 87,900 54,700 4 5 4 4 44 5 5 1899 1888 1884 1899 1885 1884 108 100 100 108 100 100 1,500 1,100 20,900* 6,200* 87,900* 15 May, 1914 15 Oct., 1913 10,800 17,400 North Otago District Public Works Loan Act, 1872 ij\-per-cent. Five-thirties — Immigration and Public Works Loan Act, 1870 1873 1874 28 Nov.', 1914 54,700 250,000 43,900 5 1878-83 43,900 82,900 3,863 82,901 11 12 70,000 See No. 7 See No. 9 4,000,000 500,000 1,500,000 4,000,000 < 1884 1886 1886 103 101 E 3,053,900 1,891,200 1,054,900 5-per-cent. Five-thirties — Defence and Other Purposes Loan Act, 1870 Immigration and Public Works Loan Act, 1873 General Purposes Loan Act, 1873 6,000|000 44 13 See No. 8 See No. 9 See No. 10 250,000 500,000 500,000 )l884 [1885 1034 1024 504,400 745,600 5-per-cent. Ten-forties — New Zealand Loan Act, 1876 1877 1,250i000 5' 2,207,300+ 14 1,000,000 2,500,000 1 Mar., 1878 1 Mar., 1,000,000 2,500,000 3,500,000 1890 1886 95 102 1,292,700 5 15 Westland Loan Act, 1873 50,000 15 April, 1874 50,000 5 1891 1074 50,000 16 Nelson Loan Act, 1874 Wellington Debts Act, 1876 27,000 58,000 23 Mar., 1876 15,000 3,000 16,500 25,000 16,500 18i000 7 7 5 5 5 1896 1885 100 100 15,000 3,000* 17 New Zealand Loan Act, 1879 5,000,000 1 Nov., 1879 58i000 5,000,000 388^000 58,000 18 5' 1878-79 1890 1879 1886 95 120 103 4,476i000 136,000 19 Treasury Bills— Treasury Bills Extended Currency Act, 1873 1876 Appropriation Act, 1876 Financial Arrangements Act, 1876.. ,. 400,000 172,000 110,000 150,000 400,000 172,000 110,000 150,000 1 about r 1,832,000 1883 100 Treasury Bills Act, 1879 1880 .. 800,000 200,000 832,000 800,000 200,000 8,000 20 New Zealand State Forests Act, 1885 1886-89 5 8,000 1891 21 District Railways Purchasing Acts, 1885, 1886 1885-86 4 357,487 35,000 40,000 47,000 35,000 1894 1886 1888-89 1898-99 1895 1896 104 P 105i 100 4 J500 12,000 242 ] 800 87 1 April, 1905 97,100 1894-95 1896 i"ooo 35,000 New Zealand Colonial Inscribed Stock Loan Act, 1882 .. Government Loans to Local Bodies Act, 1886 .. 616 5 34 1 July, 1909 40,000 1899 1898 Par 47!000 35,000 1882-83 1887-1900 250,000 405,000 337,800 169,500 442,600 1888 1892 1892 1896 100 100 100 100 250,000 405,000 44,000 463,300 137,100 6,284 137,100 22 23 250,000 5 5 44 4 34 31 Dec, 1900 442,600 442,600 15,491 'ii {20,323 198,458 244,142 14 Public Revenues Act, 1886 150,000 9 Oct., 1886 9 Oct., 1 Mar., 1888 4* 5 4i 100,000 50,000 400,000 1891 1891 1893 100 100 400 ] 000 50^000 100,000 15 Public Revenues Act, 1887 (No. 8) 400,000 6 Naval and Military Settlers' and Volunteers' Land Act 1892 1892-95 44 27,220 1899 100 26,906 31 Oct., 1899 320| 320 Carried forward 1,995,856 2,839,220| 119,819] 47,146| 944,376] |21,739,411 9,506 813 367,206 4,861,242 115,466,700 5,716,000 1,894,844 E. Varioi I li per < is. :ent. i". Included wit] mum payable 0 b. issue of £: m £1,354,901 ,325,000 aut: I. The Laa mrised 1 Assu by " ranee 'he New Ze: 'und is also land Loan i marged witl. .ot, 1886. i per eel * Included it. as a contribution in the sum of £231,000, No. 35. of Sinking Fund. + £92,41 accepted at p: ,r. ier ai

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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, 1900, 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, 1900, 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.

The Treasury, Wellington, 14th September, 1900.

James B. Hbywood, Secretary to the Treasury. Bobbkt J. Collins, Accountant to the Treasury.

Authority: John Mackay, Government Printer, Wellington. —1900

3- B, 18.

7

Public Debt at 30th June, 1878. Increases to 31st Mar., 1900. Decreases to 31st March, 1900. Public Debt at 31st March, 1900. Amount authorised. Annual Charge. From From New Loans. Conversions. Loai is converted into or redeemed by No. Authority. Date of Issue. Annual Charge. Date. Terms. 4-per-cent. Inscribed Inscribed Stock. Stock. Short-dated Debentures. Loans paid off. When due. Ami iunt. Sinking Funds accrued. Net Debt. Amount. 3-per-cent. Inscribed Stock. Int. j S.F. Interest. S.F. £ £ £ 21,739,411 £ 9,506,813 9,700 15,000 125,000 £ £ 367,206 9,700 15,000 £ 4,861,242 £ 15,466,700 £ 5,716,000 £ 1,995,856 £ £ 2,839,220 £ 119,819 £ 47,146 £ 944,376 £ i 1,894,844 Brought forward Native Land Purchases Act, 1892 (Kenewed under the Aid to Public Works Act and Land for Settlements Acts Amendment Act, 1899.) 1892-94 e" 44 34 1899 31 Oct., 1906 1893-94 125,000 4,375 125,000 Land for Settlements Act, 1892 (Renewed under " The Land for Settlements Acts Amendment Act, 1899.") Cheviot Estate Payment Act, 1893 44 34 8,690 45,276 1897 S,690 31 Oct. I 1906 45,276 i,585 45,276 250,000 18 Oct., 1893 44 44 200,000 50,000 1894 1895 100 100 200,000 50,000 19 0 Land for Settlements Acts, 1894 and 1897 1894-1900 i 34 3§ H 34 4 4 24,200 740,090 349,000 62,000 30,000 300,000 56,000 1896 1899 lio 100 24,200 600 31 Oct.," 1906 1 April, 1909 1 April, '„ 31 Oct., 1906 1 April, 1902 1 April, 1905 739,490 349,000 62,000 30,000 300,000 56,000 1,536,490 Lands Improvement and Native Lands Acquisition Act, 1894 1,536,490 56,430 31 500,000 1894-97 4 34 • * 383,000 117,000 1897 103,000 30 Sept., 1908 30 Sept., „ 283,000 117,000 400,000 441,487 15,415 15,452 New Zealand Consols Act, 1894 Bank of New Zealand and Banking Act, 1895 Aid to Public Works and Land Settlement Acts, 1896 to 1899 500,000 500,000 2,000,000 1894-1900 1895 30 Sept., 1896 21 Dec, „ 15 Dec, 1897 21 Feb., 1898 3 Mar., „ 11 Mar. 5 April, 1898 31 Oct., 4 Jan., 1899 15 Jan., 1900 15 Feb., „ 15 Mar., 34 34 H H 3 3i 3 - 3 3:1 34 441,487 500,000 250,000 500,000 25,000 100,000 100,000 10,000 100,000 100,000 150,000 100,000 100,000 100,000 100 500,000 « 1 Feb., 1910 400,000 441,187 2 3 4 1896 1 Feb., 1902 15 Aug., 1921 250,000 500,000 1899 100 25,000 100,000 100,000 10,000 100,000 100 100 # * 1899 85,000 31 Oct., 1903 4 Jan., 1904 15 Jan., 1905 15 Feb., „ 15 Mar., „ 15,000 150,000 100,000 100,000 100,000 1,215,000 1,215,000 42,525! New Zealand Consolidated Stock Act, 1877 (4-per-cents)— New Loans — New Zealand Loan Act, 1882 1884 1886.. 1888 North Island Main Trunk Railway, 1882 Conversions New Zealand Consolidated Stock Act, 1877 (34-per-cents)— To redeem balances of loans of 1876,1877, and 1879.. To redeem balances of loans of 1860, 1863, 1867, and sundry provincial loans 3,000,000 1,500,000 1,325,000 1,000,000 1,000,000 (INov., 1882 \ 1 Nov., „ (l Nov., 1884 1 May, 1885 1 Nov., 1886 1 May, 1888 1 May, „ 4 4 4 4 4 4 4 4 1,000,000 1,000,000 1,000,000 1,500,000 1,325,000 1,000,000 1,000,000 1 Nov., 1929 1 Nov., „ 1 Nov., „ 1 Nov., „ 1 Nov., „ 1 Nov., „ 1 Nov., 1 Nov., „ 1,000,000 1,000,000 1,000,000 1,500,000 1,325,000 1,000,000 1,000,000 21,325,302 29,150,302 21,325 ', 302 36 .1 Jan., 1890 34 2,768,000 1 Jan., 194C 2,768,000 29,150,302 1,166,012 1891-1900 34 3,393,167 1 Jan., „ 3,393,167 6,161,167 215,641 New Zealand Consolidated Stock Act 1877 (3-per-cents) — To make advances to settlers For conversions New Zealand Consolidated Stock Act, 1884— English issue—Conversions 6,161,167 37 3,000,000 1895-1900 1896-1900 3 3 1,500,000 1,000,000 3,355,810 t1 April, 1945 5,855,810 §175,674 5,855,810 38 15 April, 1885 15 Jan., 1886 15 April, 1 Nov., 1888 Various 10 Oct., 1891 1 Mar., 1892 1 Mar., 1896 Various 28 May, 1892 28 May, 1893 28 May, 1894 22 June, 1895 22 June, „ 11 June, 1896 17 July, 1897 1 Sept., 1898 7 June, 1899 5 5 5 5 44 44 44 34 44 44 44 4 4 34 34 34 34 34 3,651,700 43,600 562,400 250,000 231,000 50,000 449,000 478,300 1892 107 V n 107 3,651,700 43,600 562,400 Colonial issue—Conversions i 1895 _1897 1898 318,816 44,216 2,058,824 109,308 New Loans 166,706 280,300 284,500 117,800 135,400 10,000 70,300 69,600 54,300 50,400 100 100 ioo r61,742 104,700 <• 1 Sept., 1905 1 Sept., „ 54,300 50,400 104,700 1,900 1,764 Totals .. 21,739,411 26,162,562 36,558,279 19,724,400 5,716,000 2,151,288 47,874,452 1,816,592 47,146 3,273,562 5,720,550 944,376 46,930,076 * One-quarter per cent, over bank rate; varying interai § £60,000 of this amount will be recouped by Governa st, caloulatei I at 34 per cent ts to Settlers Ofi lent Advanc ice. il •epresents t] le accrued Sin dngFund u ion £912,301 1, the ami tunt bi irrowed under " The Govi irnment Loat is to Local lodies Act, 1886," which hi been con'erted into lonsolidati :d Stock debentures.