INVESTMENT OF DEPARTMENTAL FUNDS (RETURN SHOWING).

Appendix to the Journals of the House of Representatives, 1903 Session I, B-11

B.—ll

1903. NEW ZEALAND.

INVESTMENT OF DEPARTMENTAL FUNDS (RETURN SHOWING).

Presented to both Houses of the General Assembly pursuant to Section 63 of " The Public Revenues Act, 1892."

Return showing the Investments of the Funds of the Post Office, Government Life Insurance, Public Trust, Commissioners of Public Debts Sinking Funds, Government Advances to Settlers Office, and New Zealand Consols Accounts during the Financial Year ended 31st March, 1903.

Compiled from returns rendered. Eobert J. Collins, Assistant Secretary to the Treasury. The Treasury, 24th June, 1903.

Investments. 4 I I I Post fi Office "g Account. I Account. Account. J Oft, i= OS'S II! I 5°^ aS8 -i s o ? a N^i- a 53 s ■S^ ?>~ 9 ga Government securities — "The Consolidated Stock Act, 1884," debentures " Tho New Zealand Consols Act, 1894 " " The Land for Settlements Consolidation Loan Act, 1900," debentures " The Local Bodies' Loans Act, 1901," debentures Tbe State Coal-mines, 1901, debentures " The Aid to Public Works and Land Settlement Act, 1902," debentures .. Treasury bills Other securities — Greymouth Harbour Board debentures Westport Harbour Board debentures .. City of Nelson debentures Borough of Lower Hult debentures Mortgages Wellington property.. £ £ s. d. £ s. d. £ i; £ 34 3i 57,500 20 0 0 4 8,500 800 SJ 25\000 3,000 34 52,000 4 3* 100,000 300,000 3,000 600 4 i 10,000 5,000 7,000 0 0 292,430 6 4 11 19 0 3,000 0 0 255,092 1 0 481,055 Totals .. 774,500 299,442 5 4 258,112 1 0 4,400 6,500 481,055

B.—ll

2

Return of Investments of the Funds of the Post-Office Savings-Bank during the Financial Year ended 31st March, 1903.

W. Gray, General Post Office, Secretary. Wellington, 28th May, 1903.

Return of Investments made by the Government Life Insurance Department during the Year ended 31st March, 1903.

J. H. Richardson, Government Insurance Commissioner. Government Insurance Department, Wellington, 18th June, 1903.

Particulars. ° 1 g S So &3l Due Date of Securities. Amount. Total. .enewed investments — Treasury bills Greymouth Harbour Board debentures ... Westport Harbour Board debentures 4 4 31 Dec, 1903 1 Jan., 1908 1 Jan., 1908 £ 749,200 100,000 489,500 s. d. 0 0 0 0 0 0 £ s. a. i few investments — " The Aid to Public Works and Land Settlement Act, 1902," debentures... " The Consolidated Stock Act, 1884," debentures Greymouth Harbour Board debentures ... "The Local Bodies' Loans Act, 1901," debentures " The State Coal-mines Act, 1901," debentures Westport Harbour Board debentures ... Treasury bills 1 Dec, 1906 i i 1,338,700 0 0 4 !l00,000 0 0 3* 4 1 Sept., 1905 1 Jan., 1905 57,500 0 0 10,000 0 0 3* 4 1 Jan., 1909 1 April, 1907 1 Jan., 1903 31 Dec, 1902 250,000 0 0 52,000 0 0 5,000 0 0 300,000 0 0i j 774,500 0 0 I 52,113,200 0 0

Particulars. ° § s ill Due Date of Securities. Amount. Total. lenewed investments — Mortgages on property £ s. d. £ s. d. 145,849 13 8 few investments— City of Nelson Wellington property ... Mortgages on property H 21 Mar., 1933 7,000 0 11 19 292,430 6 I 4 299,442 5 4 !445,291 19 0

3

B.—ll

Return of Investments made by the Public Trust Office during the Financial Year ended 31st March, 1903.

J. W. Poynton, Public Trust Office, Public Trustee. Wellington, 15th April, 1903.

Return of Investments made by the Commissioners of the Public Debts Sinking Funds during the Financial Year ended 31st March, 1903.

P. Pubvis Webb, 15th June, 1903. Secretary to the Commissioners.

Return of Investments made by the Government Advances to Settlers Office during the Financial Year ended 31st March, 1903.

John McGowan, Government Advances to Settlers Office, Superintendent. Wellington, Bth April, 1903.

Particulars. I So Due Date of Securities. Amount. Total. New investments— New Zealand Consols Borough of Lower Hutt Special Loan of £8,000 debentures... Borough of Lower Hutt Special Loan of £1,000 debentures... Mortgages of real property 3* 4* 1 Feb., 1910 16 Mar., 1910 20 2,000 s. d. 0 0 0 0 £ s. a. H 16 Mar., 1910 1,000 255,092 0 0 1 0 £258,112 1

Particulars. ® 2 r5 55| Due Date of Securities. Amount. Total. ew investments — " The Aid to Public Works and Land Settlement Act, 1902," debentures ... " The Land for Settlements Consolidation Act, 1900," debentures 4 1 Dec, 1906 S, 3,000 s. a. 0 0 & s. d. 4 1 Feb., 1908 3,500 0 0 ,500 0 0

Particulars. <** -w -*^ ° Sg 2 80 as s. Due Date of Securities. Amount. Total. *5 481,055 s. d. 0 0 £ s. d. Mortgages of property ... £481,055 0 0 * Reducible to i% per cent, provided ins ;alments are paid within fo rteen days of due late.

B.—ll

4

Return of Investments made by the Registrar of the New Zealand Inscribed Consols during the Financial Year ended 31st March, 1903.

Robekt J. Collins, Deputy-Kegistrar, New Zealand Consols. Office of the Registrar of New Zealand Consols, Wellington, 15th May, 1903. Approximate Cost of Paper. —Preparation, not given; printing (1,410 copies), £4 ss. 6d.

By Authority: John Maokay, Government Printer, Wellington.—l9o3. Price 3d.]

Particulars. °11 2 So 03 c n &5 S, Due Date of Securities. Amount. Total. £ s. a. £ s. d. Renewed investments — Treasury bills 8* 31 Dec, 1903 100,800 0 0 few investments — " The Local Bodies' Loans Act, 1901," debentures " The Land for Settlements Consolidation Act, 1900," debentures " The Aid to Public Works and Land Settlement Act, 1902," debentures... H 1 Jan., 1909 3,000 0 0 4,400 0 0 i 1 Feb., 1908 800 0 0 4 1 Dec, 1906 600 0 0 1105,200 0 0