THE PUBLIC DEBT OF THE COLONY (RETURN SHOWING PARTICULARS OF, AS ON 31st MARCH, 1903).

Appendix to the Journals of the House of Representatives, 1903 Session I, B-18

B.—lB

1903. NEW ZEALAND.

THE PUBLIC DEBT OF THE COLONY (RETURN SHOWING PARTICULARS OF, AS ON 31st MARCH, 1903).

Return to an Order of the House of Representatives, dated the 21st August, 1903. Ordered, " That there be laid before this House a Return showing—(l) Particulars of the public debt of the colony on the 30th June, 1878 ; (2) the several increases and decreases between that date and the 31st March, 1903, 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 ; and (4) particulars of the public debt on the 31st March, 1903, showing in respect of each loan (a) the annual charge for interest and sinking fund, (6) the amount of outstanding debt, (c) the due date thereof, (d) the accrued sinking fund, and (c) the net debt: being continuation of Return 8.-18 D of 1902."—(Mr. J. Allen.)

Statement of the Securities in which the Sinking Funds of the several Loans were invested on the 31st March, 1903. Investments in— £ s. d. New Zealand 5-per-cent. Debentures .. .. .. .. .. 3,470 0 0 New Zealand 4£-per-cent. Debentures .. .. .. .. .. 1,700 0 0 New Zealand 3J-per-cent. Debentures .. .. .. .. .. 1,250 0 0 New Zealand 4-per-cent. Inscribed Stock .. .. .. .. .. 129,754 19 6 New Zealand 3J-per-cent. Inscribed Stock .. .. .. .. 2,571 3 7 New Zealand 3-per-cent. Inscribed Stock .. .. .. .. .. 270 5 11 New South Wales 4-per-cent. Debentures.. .. .. .. .. 20,800 0 0 New South Wales 4-per-cent. Inscribed Stock .. .. .. .. 5,486 6 7 New South Wales 3J-per-cent. Inscribed Stock .. .. .. .. 84,269 13 4 New South Wales 3-per-cent. Inscribed Stock .. .. .. .. 70,673 12 11 Victoria 4-per-cent. Debentures .. .. .. .. .. 15,000 0 0 Victoria 4-per-cent. Inscribed Stock .. .. .. .. .. 43,233 17 4 Victoria 3J-per-cent. Inscribed Stock .. .. .. .. .. 83,341 9 6 Victoria 3-per-cent. Inscribed Stock .. .. .. .. 27,158 9 10 South Australia 4-per-cent. Debentures .. .. .. .. .. 24,700 0 0 South Australia 4-per-cent. Inscribed Stock .. .. .. .. 4,851 0 5 South Australia 3J-per-cent. Inscribed Stock .. .. .. .. 38,068 11 6 South Australia 3-per-cent. Inscribed Stock .. .. .. .. 114,819 12 6 Canada 4-per-cent. Debentures .. .. .. .. .. 18,200 0 0 Canada 4-per-cent. Inscribed Stock .. .. .. .. .. 60,000 0 0 Canada 3J-per-cent. Inscribed Stock .. .. .. .. .. 34,022 11 8 Canada 3-per-cent. Inscribed Stock .. .. .. .. .. 33,226 12 3 Canada 2J-per-cent. Inscribed Stock .. .. .. .. .. 13,666 15 11 Tasmania 3-per-cent. Insoribed Stock .. .. .. .. .. 6,645 15 1 Queensland 4-per-cent. Inscribed Stock .. .. .. .. .. 1,433 8 8 Ceylon 3-percent. Inscribed Stook .. .. .. .. .. 6,000 0 0 Leeds Corporation 3-per-cent. Inscribed Stock .. .. .. .. 14,000 0 0 Cardiff Corporation 3-per-oent. Inscribed Stock .. .. .. .. 24,444 1 9 Gold Coast 3-per-cent. Inscribed Stock .. .. .. .. .. 6,511 8 3 Reading Corporation 3-per-cent. Inscribed Stock .. .. .. .. 6,500 0 0 Sheffield Corporation 3-per-cent. Inscribed Stock .. .. .. 13,000 0 0 Aid to Public Works and Land Settlements Act 4-per-cent. Debentures .. .. 330 0 0 Land for Settlements Act 4-per-cent. Debentures .. .. .. .. 2,510 0 0 Local Bodies' Loans Act 3J-per-cent. Debentures .. .. .. .. 400 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 Tauranga 5-per-cent. Debentures .. .. .. .. 200 0 0 Westport Harbour Board 4-per-cent. Debentures .. .. .. .. 550 0 0 Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures .. .. 320 0 0 Wellington and Manawatu Railway Company 5-per-cent. Debentures .. .. 540 0 0 916,879 16 6 Sinking funds in respeot of " Local Bodies' Loans Act, 1901," and " Government Advances to Settlers Act, 1894 "— Mortgages .. .. .. .. .. .. .. 67,900 0 0 In common fund, Public Trust Office — At 4 per cent. .. .. .. .. £6,000 0 0 At 3J per cent. .. .. .. .. 366,931 1 2 372,931 1 2 1,357,710 17 8 Cash balance on 31st March, 1903 .. .. .. .. £27 16 3 Amount overinvested by trustees .. .. .. 25 0 0 2 16 3 Total .. .. .. .. £1,357,713 13 11

Statement of Treasury Bills outstanding on 31st March, 1903, 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. Kate of Interest. Due Date. Authority for Issue. 1902. lecember 31 .. £ 700,000* £ 81% .. Dec. 31, 1903 "Public Revenues Act, 1893," and amending Acts. * In renewal or former issues.

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PARTICULARS of Loans converted to 31st March, 1903, under Operation of "The New Zealand Consolidated Stock Act, 1877," and "The Consolidated Stock Act, 1884."

2

fH CD a 4-per-cent. Stock, matur 192 Inscribed ing 1st Nov., 3J-per-cent. Inscribed Stock, maturing 1st Jan.. 1940. 3-per-cent. Inscribed Stock, maturing 1st April, 1945. Converted into Short-dated DebenLoans. Due Date. Amount c< rede. inverted or iraed. From what Date. For Conversion. For Redemption. For For Reconversion, demption. For For ReConversion, demption. " The Consolidated Stock Act, 1884. £ £ 50,000 Amount of Debentures. £ Interest p. c. p.c 4 6 6 £ £ £ £ £ 50,000 £ £ New Zealand Loan Act, 1856 New Zealand Loan Act, 1860 1 July, 3894 1 July, 1891 74,100 1 July, 1894 1 May, 1886 1 July, 1891 109 104 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 500,000 65,600 18,700 6,200 1,400 43,600 2,600 200 3,300 900 500 46,700 1 Nov., 1892 1 May, 1886 1 Jan., 1895 117 114 114J 111 Par 121 120 118 119 117 109 73,800 610,000 1 Jan., 1896 15 Jan., 1886 1 April, 1897 21,318 7,099 1,554 3,146 240 3,894 1,071 585 43^600* 5 1 April, 1898 1 Oct., 1897 1 April, 1899 1 May, 1886 • I ■ •• •• I •■ I 15 Mar., 1891 50,903 6 154,800 15 Mar., 1891 | 104 109 104 109 104 110 115J 115 Moot 159,536 6 6 6 6 6 5 5 15 June, 1891 47,600 188,400 20,100 4,900 68,900 76,000 2,700 3,651,700 562,400 38,200 200 330,400 104,356 68,786 70,200 53,300 39,300 50,400 50,900 52,000 64,000 1 May, 1886 15 June, 1891 1 May, 1886 15 Dec, 1891 51,884 15 Dec., 1891 2i,909 195] 936 •• 1 July, 1894 5,096 75,790 87,780 3,105 1,253,100 .* Consolidated Loan Act, 1867 5 5 5 5 5 5 5 5 5 5 5 5 5 5 36 years 36 years 36 years 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 1900-01 1901-02 1902-03 1 Jan., 1893 Par Par 106 II II [I 40,492 200t 321,573 63,195 27,061 33,300 44,656 44,000 31,570 11,329 208 45,000 45,000 47,000 53,000 50,000 55,000 3,651,700} 562,400§ 5 5 •• Carried forward II 106J II II 68,000 - 15,136,142 16,532,342 259,698 1,115,707 4,257,700 .. |6 781,956 52,043 295,000 -• * 6 years' currency, to 15th January, 1892; then coi In iverted into 4-per-cent. Inscribed Stock at 110. + Dealt with under " The Lost Debentures Act, 188G." jcribed Stock at 107. § 6 years, to 15th April, 1892; then converted into 4-per-cent. Inscribed Stock at 107. t 7 years, to 15th April, 189 ; then converted into 4-per-csnt I! various.

3

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PARTICULARS of Loans converted to 31st March, 1903— continued.

CD CD a rH 4-per-cent. Inscribed Stock, maturing 1st Nov., 1929. 3J-per-cent. Inscribed Stock, maturing 1st Jan., 1940. 3-per-cent. 1 Stock, maturii 194! inscribed ig 1st April, Converted into Short-dated Debentures under "The Consolidated Stock Act, 1884." Loans. Due Date. Amount converted or redeemed. From what Date. For For ReConversion, demption. For For ReConversion. I demption. For Conversion. For Redemption. p. c. Brought forward .. .... Lyttelton and Christchurch Railway ( 6 1 July, 1893 Loan Ordinance, 1860 { 6 1 July, 1894 £ £ 6,532,342 £ £ 259,698 £ £ 1,115,707 218 6,660 £ 781,956 £ 52,043 £ 295,000 Amount of Debentures. £ 4,257,700 Interei p. c 200 6,000 1891 109 111 ■' 5,800 1,000 800 6,200 1891 1895 1902 136 125 130 7,888 ! 1,250 j Canterbury Loan Ordinance, 1862 .. 6 11 Sept., 1913 6 2 Jan., 1915 6 2 Jan., 1915 7,600 iJ040 Otago Loan Ordinance, 1862 .. 6 1 July, 1898 6 6 6 6 6 6 6 6 6 1 23,700 1,000 6,600 8,100 1,000 2,500 1,600 900 1,200 70,100 1891 1892 1894 1895-96 1896-97 1897-98 1 April, 1898 1 July, 1898 1171 1161 113J 1101 105 106 1031 Par 1031 27,847 1,168 7,491 8,950 1,050 2,650 1,656 I "900 1,242 70^000 Auckland Loan Act, 1863 .. .. 6 1 June, 1896 6 6 6 11,800 2,000 1,000 16,800 3,000 .15,000 116,700 31,600 1891 1894-95 1895-96 1896-97 114 109 107 13,452 2,180 1,070 .. 17,000 • • Nelson Loan Act, 1874 .. .. 7 12 April, 1885 7 23 Mar., 1896 12 April, 1885 23 Mar., 1896 Par Par 3,000 15,000 44 34 Wellington Loan Act, 1866 .. .. 8 1 July, 1886 Defence and Other Purposes Loan ) ,. „, _ , OD _ Act, 1870 } 51 31 Dec, 1885 Immigration and Public Works Loan Act, 1870 .. .. .. 4 15 April, 1913 4 18,000 13,500 1 July, 1886 Par 50,000 I 31 Dec, 1885 Par 13,500 f25, 000 [25,000 5 5 9,000 100 9,100 15 April, 1897 108 108 9,720 108 I - I I Five-per-cent. Five-thirties .. .. 5 15 July, 1906 5 504,400 745,600 15 Jan., 1884 15 Jan., 1885 1031 1021 522,054 764,240 Four-and-a-half-per-cent. Five-thirties.. 4J ) 1 Feb., 1904 ( 4J and \ 4$ ) 1 Feb., 1905 ( Carried forward .. .... 3,053,900 1,891,200 1,054,900 1,250,000 1 Feb., 1884 1 Feb., 1886 1 Aug., 1886 103 101 Various 3,145,517 1,910,112 6,000,000 14,035,042 !l,060, 000 •• 1,199,237 798,956 65,053 •• 5,837,381 1,824,240 365, 00C 4,339,200

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4

PARTICULARS of Loans converted to 31st March, 1903— continued.

9 B 4-per-cent, '. Stock, maturj 192( [nscribed ng 1st Nov., 1 Stock, maturii 1940 Inscribed ng 1st Jan., I. 3-per-cent. Inscribed Stock, maturing 1st April, 1945. Converted into Short-dated Debentures, under "The Consolidated Stock Act, 1884." Amount converted or redeemed. B'rom what Date. I. Loans. Due Date. For Conversion. For Redemption. For Conversion. For Redemption. For For ReConversion, demption. £ 798,956 £ 65,053 £ 365,000 Amount of Debentures. £ 4,339,200 Interes p. c. Brought forward Five-per-cent. Ten-forties General Purposes Loan Act, 1873 p.c 5 4 4 4 41 5 5 £ £ 14,035,042 1,292,700 1 May, 1886 28 Nov., 1884 1 April, 1899 102 Par 108 108 Par Par Par £ 5,837,381 1,318,554 £ 1,824,240 £ 1,199,237 1 Mar., 1918 15 Oct., 1883 15 May, 1914 15 Oct., 1913 15 Oct., 1885 28 Nov., 1884 15 Dec, 1888 20,900 1,500 1,100 6,200 .87,900 49,500 ■■ 20,900 4 •• i!620 1,188 ■ 15 Oct., 1885 28 Nov., 1884 15 Dec, 1888 6,200 87,900 49,500 5 41 41 Westland Loan Act, 1873 Treasury Bills Acts, 1879 and 1880 .. New Zealand Loan Act, 1879 5 5 5 5 15 April, 1894 1 Jan., 1886 1 Nov., 1889 167,100 50,000 1,832,000 30 June, 1891 31 Dec, 1883 1 Nov., 1879 1 May, 1886 1071 Par 120 103 1,832,000 5,371,200 140,080 53,750 District Railways Purchasing Acts. 1885 and 1886 [i 4 4 5 5 31 1 April, 1905 136,000 242,800 12,000 1,000 4,500 22,000 25,000 35,000 4,612,000 1 Nov., 1886 1 July, 1894 1 July, 1895 1 Oct., 1898 1 April, 1899 Par 104 Par 1051 242,800 •■ 12,480 1,000 1 April, 1899 4,748 22,981 25 i000 Colonial Inscribed Stock Act, 1882 .. Five-per-cent. Ten-forties New Zealand Loan Act, 1879 Government Loans to Local Bodies Act, 1886 5 5 5 (44 5 "41 4 31 28 May, 1898 1 Nov., 1888 1 Mar., 1918 1 Nov., 1889 1 Mar., 1892 342,300 250,000 2,207,300 388,000 1 April, 1898 1 Nov., 1888 1 Jan., 1890 1 Jan., 1890 1 Mar., 1892 Par Par 95 95 Par Par 500* | 2,768,000 35,000 250,000 5 405,000 • 44,000 405,000 41 41 J 1 Mar., 1896 31 Dec, 1900 463,300 1 Mar., 1896 Par .. I 463,3001 i i 31 Public Revenues Act, 1886 Public Revenues Act, 1887 (No. 3) .. Cheviot Estate Payment Act, 1893 .. 509,500 31 Dec, 1900 Par 509,500 31 5 41 41 41 10 Oct., 1891 1 Mar., 1893 18 Oct., 1900 1,421,800 50,000 400,000 10 Oct., 1891 1 Mar., 1893 1 Jan., 1894 1 Jan., 1895 Par 420,000 200,000 50,000 50,000 41 50,000 " Naval and Military Settlers' and Volunteers' Land Act, 1892 Native Land Purchase Act, 1892 41 5 41 31 Oct., 1899 250,000 27,226 31 Oct., 1899 28,000 15,000 24,700 31 Oct., 1899 26,400 444,400 Carried forward 6,225,500 •- i27,350,168; 14,742,015 1,824,240 1,266,967 4,236,956! 130,590 * ;h under " The Lost Debentures Act, 1886.'

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5

PARTICULARS of Loans converted to 31st March, 1903—continued.

2—B. 18,

CD S 4-per-cent. Inscribed Stock, maturing 1st Nov., 1929. 3J-per-cent. ] Stock, niatuii] 1940 Inscribed ng 1st Jan., I. 3-per-cent. Inscribed Stock, maturing 1st April, 1945. Converted into Short-dated Debentures nnrtpv Loans. Due Date. Amount converted or redeemed. From what Date. For Conversion. For Redemption. For Conversion. For Redemption. For For ReConversion, demption. "The Consolidated Stock Act, 1884." £ £ 27,850,16b £ 14,742,015 3,907,319 601,768 47,960 £ 1,824,240 £ 1,266,967 £ 4,236,956 £ 130,590 £ 444,400 Amount of Debentures. £ 6,225,500 Interest p. 0. p.c. Brought forward Consolidated Stock Act, 1884 5 5 5 41 44 4 34 15 April, 1892 28 Nov., 1895 28 May, 1897 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 39,900 15 April, 1892 28 Nov., 1895 28 May, 1897 107 107 110 Par Par "' 109,308 .. .. 218,816 45^000 Land for Settlements Act, 1894 28 May, 1898 22 May, 1898 28 May, 1898 13 Dec., 1897 1 April, 1898 Par .. .. 100,000 40,000 1,181,829 251,137 585,858 4 34 4 30 April, 1926 31 Oct., 1899 1 April, 1902 6,788,864 1 Oct., 1896 31 Oct., 1899 1 April, 1901 110 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, 1897, and 1899 .. 64,700 100,000 41,097 4 30 Sept., 1908 1 Oct., 1897 100,000 31 31 Dec, 1896 500,000 1 Jan., 1896 Par 500,000 3 3 31 31 31 31 1 Feb., 1899 3 Mar., 1899 11 Mar., 1899 5 April, 1899 1 April, 1903 1 Feb., 1902 15 Sept., 1905 15 Oct., 1905 100,000 125,000 10,000 100,000 35,000 250,000 100,000 65,000 3 Mar., 1899 11 Mar., 1899 Par Par 103 100 .. I •• •■ " 10,000 36,050 250,000 100,000 100,000 Expenses of Conversion 785,000 202,000 .. 47,936 4,284,892 I .. 174,000 27,000 991,000 .. •• ■• 19,299,062 2,026,240 1,876,275 2,996,997 I 6,225,500 Totals .. £ 35,588,732 £37,699,966

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6

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, 1903, 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, 1903, 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.

3—B.—18.

Public Debt at 30th June, 1878. Increases to 31st Mar., 1903. Decreases to 31st March, 1903. Public Debt at 31st March, 1903. No. 2 3 4 Authority. authored. Date of Issue. Amo ■ £ £ Ordinance of Legislative Council New Zealand Loan Act, 1856 .. .. •■ 500,000 .- 300,000 25,000 25,000 1 July, 1859 50,000 1 Oct., , 50,000 1 July, 1864 50,000 New Zealand Loan Act, 1860 .. .. .. 150,000 1 July, 1861 New Zealand Loan Act, 1863 .. .. .. 3,000,000 15 July, 1864 488,000 1 Nov., 1865 500,000 15 Mar., 1866 201,500 15 June, 1867 236,000 15 Dec, „ 93,900 Authority. Amount authorised. 500,000 201,500 236,000 iunt. £ 311 500,000 93,100 1 Animal Charge. Int. S.F. 4 4 4 4 4 4 6 5 4 6 6 2 1 2 2 From From New Loans. Conversions. £ I £ Loans converted into or redeemed by Tv,). Loans uaie. Lermh. 3 _ per . cent 3j- pe r-cent. 4-per-cent. oi,,. v( . j oto j paid off. Inscribed Inscribed Inscribed Deba^Srls Stock. Stock. Stock. Debentures. £ £ £ IS £ 1896 .. .. .. .. .. 311 1888 .. .. .. .. .. 300,000 25,000 1889 .. .. .. .. .. 25,000 50,000 50,000 1894 .. .. 50,000 1891 104 .. 74,100 1886 109 .. .. 19,000 1894 1154 .. 76,000 1886 112J .. .. 65,600 1886 A •• •• •• 43,600 1894 115 .. 2,700 1895 114 .; 18,700 1144 .. 6,200 1896 111 .. 1,400 1897 120 200 121 2,600 1898 118 3,300 1897 119 900 1899 117 500 .. .. .. .. ' 1892 117 .. 500,000 1891 104 .. 154,800 1886 109 .. .. 46,700 1891 104 .. 188,400 1886 109 .. .. 47,600 1891 104 .. 4,900 .. .. 1886 109 .. .. 20,100 1891 110 .. 68,900 1891 .. .. 200 1886 106 .. .. 38,200 1885 B ■• •• ... 3,651,700 1894 .. .. 33,300 1886 C ■• •• ■■ 562,400 1879-96 .. .. .. .. .. 1,222,858 1894 1084 •• 271,000 107J .. 6,400 107 .. 7,600 106 .. 4,600 102 .. 7,500 1895 106 .. 51.000 105 .. 8,700 100 .. 44,656 1896 100 .. 68,786 1897 105 2,000 1064 3. 800 107 6,500 108 17,100 40,800 1898 104 1,100 105 9,700 42,500 1899 .. 39,100 104 200 1900 .. 50,400 1901 .. 50,900 1902 .. 52,000 1893 106J .. 64,000 46,700 47!600 When due. Annual C Amount. Interest. ~~£ £ £ lharge. Sinking Funds Net Debt, accrued. S.F. £ £ £ 93,900 1,519,400 6 2 20,100 New Zealand Consolidated Loan Act, 1867— English issue .. .. 7,283,100 5 15 July, 1914 266,300 13,315 2,663 146 .,492 119,808 6,531,400 38,200 Colonial issue .. .. .. .. .. 77,000 1 Jan., 1873 64,000 15 April, „ 13,000 Annual I drawings J 236,400 11,820 ■ 236,400 64,000 13,000 77,000 31,600 3 4 106| Public Debts Act, 1867— Auckland Loan Act, 1863 .. .. .. 500,000 1 July, 1868 (i 2 1891 114 .. 11,800 1894 109 .. 2,000 1895 107 .. 1,000 1896 .. .. 16,800 1886 100 .. .. .. 13,500* 1880-81 .. .. .. .. .. 6,200 1891 109 .. 200 1893 .. .. .. .. .. 28,500 1891 111 .. 6,000 .. .. 15,200 1894 .. .. .. .. .. 18,600 J896 .. .. .. .. .. 4,700 1897 .. .. .. .. .. 4,500 114 JO'.) 107 15 April, 1913 13,000 520 18,000 Wellington Loan Act, 1866 .. .. .. 50,000 1 July, 1866 Nelson Waterworks Loan Act, 1864 .. .. 20,000 Lyttelton and Ch'ch. Railway Loan Ordinance, I860.. 300,000 Various 13,500 6,200 77,700 8 8 (i •2 2 2 100 109 13,'500* 6^200 V .• ill 28,500 15,200 18,600 4,700 4,500 Canterbury Loan Ordinance, 1862 .. .. 500,000 1891 j 136 .. 5,800 1902 130 800 1895 125 .. 1,000 1891 1:64 .. 1,000 1174 .. 23,700 1892 ! 1134 .. 6,600 1894 i IIO4 .. 8,100 105 .. 1,000 1895 106 .. 2,500 1896 1034 .. 1,600 1897-93 100 900 1898-99! 1034 1,200 69,700 1901 .. 400 136 130 125 1 64 1174 1134 1104 105 106 1034 100 1034 500,000 22,800 6 1 2 Jan., 1915 3,000 14,258 942 Otago Loan Ordinance, 1862 .. .. .. 500,000 1 July, 1863 500,000 1 July, 1863 116,700 (i 1 2 July, 1916 12,200 15,200 1,060 160 Immigration and Public Works Loan Act, 1870 .. 4,000,000 Guaranteed by Imperial Government .. £1,000,000 .. 1 June, 1871 1 June, 1873 4,000,000 .. 1 June, 1871 1 June, 1873 200,000 4 i 2-4 2-4 800,000 1 June, 1907 1 June, 200,000 800,000 40,000 24,000 756,158 243,S42f Colonial issue 400,000 .. 15 April, „ 372,100 1875-78 25,700 15 April, 1875-78 Included in No. 5. Included in No. 12. 372,100 25,700 4 1897-99 108 9,100 108 15 April, 1913 15 April, „ 363,000 27,900 1,000,0001 40,000 397^800 2^200 390,900 15,776 Consolidated Loan of 1867 .. .. 2,100,000 Included in No. 5. Five-thirties .. .. 500,000 Included in No. 12. £4,000,000 15,776 .. .. 390,900 I Carried forward 9,587,511 802,200 405,700 1,802,942 237,200 4,271,200 1,921,800 I 82,491 26,823j 916,908! 1,004,892 1,750,869 A. Six years' currency to 15th January, 1892; then conver Stock at 107. * Included in sum of £231,000, No. 35. ;ed into 4-per-cent. Inscribed Stock at 110. f Sinking Fund payable 13th March and 13th So B. Seven years' currency to 15th April itember. J Only £200,000 has act' ., 1892; then converted into 4-per-cent. Inscribed Stock at 107. ually been issued to the public. C. Six years' currency to 15th April, 1892 ; then converted into 4-pier-cent. Inscribed

B.—18.

7

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, 1903, 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, 1903, 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.

Public Debt ai 1S7R Public Debt at 30th June, 1878. it 30th June, a. Increases to Slst Mar., 1903. Decreases to 31si March, 1903. Public Debt at 31st March, 1903. No. Authority. Amount authorised. Date of Issue. 1878 Amou B. unt. Charge. Annual Date. Terms. Loans converted i] 3-per-cent. %-per-cent. Inscribed Inscribed Stock. Stock. ito or redeem< id by Loans paid off. Annual Charge. Sinking Funds Net Debt accrued. Amo mnt. Int. S.F. From From New Loans. Conversions 4-per-cent. Inscribed Stock. Short-dated Debentures. When due. Amount. £_• _D Interest. S.F. i I Brought forward 8 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 £ £ k. £ 9,587,511 £ 9,587,511 £ £ 802,200 £ £ 405,700 1,802,942 £ 237,200 £ 4,271,200 £ 1,750,869 £ £ 1,921,800 £ £ 82,491 26,823 £ £ 916,908; 1,004,892 1,000,000 Included Included in No. 5. in No. 13. 50,000 75,000 20,000 5,000 5J 1885 100 50,000* 15 April, 1913 1 July, 1910 1 July, „ 75,000 20,000 5,000 15 April, 1873 1 July, 1880 25 June, 1881 50,000 75,000 20,000 5,000 150,000 4 4J 54 4 H H 9 I Immigration and Public Works Loan Act, 1873 5-per-cent. Five-thirties .. .. £500,000 4J , , .. .. 1,500,000 2,000,000 Included Included in No. 13. in No. 12. 150,000 4* 100.000 100,000 4,125 4,125 100,000 £2,000,000 10 General Purposes Loan Act, 1873 5-per-cent. Five-thirties .. .. £500,000 Colonial issue .. .. .. 250,000 10 750,000 Included in No. 13. 15 May, 1874 15 Oct., 1873 12,300 49,500 20,900 18,500 6,200 87,900 54,700 250,000 43,900 £750,000 4 5 4 4 4* 5 5 1899 1888 1884 1899 1885 1884 108 100 100 108 100 100 1,500 1,100 49,500* 20,900* 15 May, 1914 15 Oct., 1913 10,800 17,400 6,200* 87,900* 11 North Otago District Public Works Loan Aot, 1872 12 ii'per-cent. Five-thirties — Immigration and Public Works Loan Act, 1870 1873 1874 28 Nov., 1914 54,700 5 1878-83 43,900 82,900 3,863 3,863 82,900 11 12 70,000 See No. 7 See No. 9 4,000,000 500,000 1,500,000 4,000,000 6,000,000 1884 1886 1886 103 101 E 3, 1 1, 1 3,053,900 1,891,200 1,054,900 ,053, ,891, 13 5-per-cent. Five-thirties — Defence and Other Purposes Loan Act, 1870 Immigration and Public Works Loan Act, 1873 General Purposes Loan Act, 1873 H 1, ,054, 13 See No. 8 See No. 9 See No. 10 250,000 500,000 500,000 1,250j 000 ) 1884 j 1885 1034 102J 504,400 745,600 504, FT A K 5 745, 5-per-cent. Ten-forties — 14 New Zealand Loan Act, 1876 1877 14 1,000,000 2,500,000 1 Mar., 1878 1 Mar., „ 1,000,000 2,500,000 1890 1886 95 102 2,207,3O0t 1 1,292,700 3,500,000 ! l, ,292, 15 Westland Loan Act, 1873 5 15 50,000 15 April, 1874 50,000 5 1891 107J 50,000 16 Nelson Loan Act, 1874 16 27,000 23 Mar., 1876 15,000 3,000 16,500 25,000 16,500 lelooo 58,000 7 7 1P96 1885 100 100 15,000 3,000* 17 Wellington Debts Aot, 1876 17 58,000 5 5 5 18 New Zealand Loan Act, 1879 5,000,000 5,000,000 388^000 A Ana 58,000 18 1 Nov., 1879 5' 1878-79 1890 1879 1886 95 ISO 103 19 Treasury BillsTreasury Bills Extended Currency Act, 1873 1876 Appropriation Act, 1876 .. Financial Arrangements Act, 1876.. 19 400,000 172,000 110,000 150,000 400,000 172,000 110,000 150,000 832,000 4, 4,476,000 136,000 ,476, 1 '_»£? 136, I I I 1, 1,832,000 ,832, \ about I 5 ■I I 1883 100 Treasury Bills Act, 1879 1880 .. 20 New Zealand State Forests Act, 1885 800,000 200,000 800,000 200,000 8,000 20 1886-89 5 8,000 1891 21 Distriot Railways Purchasing Acts, 1885, 1886 .. 21 1885-86 4 357,487 1894 1886 1888-89 1898-99 1895 1896 104 P 1054 100 4,500 12,000 242,800 CtAO 87 1 April, 1905 97,100 22 New Zealand Colonial Inscribed Stock Loan Act, 1882 .. 23 i Government Loans to Local Bodies Act, 1886 1894-95 1896 8J 6 5 3* 35,000 40,000 47,000 35,000 1899 1898 47,000 35,000 iiooo 85 j 000 1 July, 1909 40,000 Par 1882-83 1887-1901 5 5 4* 4 34 250,000 405,000 337,800 169,500 759,800 1888 1892 1892 1896 100 100 100 100 250,000 405,000 44,000 463,300 509,500 137,100 6,284 137,100 22 23 250,000 250,300 24,311 250,300 24 Public Revenues Act, 1886 .. 1 Sept., 1907 8,760 150,000 5 100,000 50,000 400,000 1891 1891 1893 50!000 100,000 24 25 25 Public Revenues Act, 1887 (No. 3) 400,000 9 Oct., 1886 9 Oct., 1 Mar., 1888 100 100 400,000 26 26 Naval and Military Settlers' and Volunteers' Land Act 1892 1892-95 44 27,226 1899-00 100 27,226 Carried forward .. .. .. I 21,739,411 522,026 4,861,242 jl5,466,700 6,225,500 1,995,856 2,492,100 105,523 51,134 916,908 1,5575,192 9,824,013 E. Various. p. Include 3d with issu (1J per c( 3 of £1,325,000 authorised by " The New Zealand Loa: :nt. on £1,354,514, 1 per cent, on £15,675, and 4 per cei 1 Act, 1886.' it. on £373,£ * Ir HI). The Li icluded ii ind Assu] n the si im of £231,1 'und is also DO, No. 35. t £92,400 accepted iharged with J per cent, as a contribm at par. iion of Sinkii J The Sinkii ig Fund. ig Fund is payable on £2.022,100 ranee I

8

B.—18.

Return showing (1) Particulars of the Publio Debt of the Colony on 30th June, 1878; (2) the several Increases and Decreases between that Date and the 31st March, 1903, 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, 1903, 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.

4—B. 18.

Public Debt at 30th June, Increases to 31st Mar., 1903. Decreases to 31st March. 1903. Pnhlfa nahft >.t. .11 rt. Ma.mli mns Public Debt at 30th June, 1878. Public Debt at Slet March, 1903. Increases to 31st Mar., 1903. Decreases to 31st March, 1903. ruwiuuBou»*iww*uaB, increases io oist mar.,iyud. decreases to aist March, lyua. Public Debt at 31st March 1903. 1878. __ Annual ~ ■ . Charge. T (119.115 OMWortoA intn nr vartaamaA In Annual Annual Charge. sinkillg When duo. Amount. Funds Net Debt. accrued. Interest. S.P. £ £ £ £ £ £ 2,492,100 105,523 51,134 916,908 1,575,192 31 Oct., 1906 125,000 125,000 4,375 .. .. 125,000 Amount onarge. Loans concerted into or redeemed by N ° Authority, authorised. Date of I..-e. _ _ , Annual Charge. .,._„ Amount. ____ New Loans. Conversions. Date, TermB - 3-per-cent. 3*-per-cent. 4-per-cent. a . n t * t , pafdoff. WheD duo - Amount. Funds Net Deb t« ;v,-,,i r«™ :i a t« ;i j Bnort-dated r anr-med. JSSSL d—i*-. Amount. Charge. Int. J S.F. From Prom New lioans. Conversions Date. Terms. 3-per-cent. 3*-per-cent. 4-per-cent. Inscribed Inscribed Inscribed Stock. Stock. Stock. Loans concerted into or redeemed by Loans Short-dated P aid off " Debentures. Inscribed fnscribed Inscribed Mart-aatea - accrued. Int. S.F. Stock. Stock. Stock. Debentures. Interest. S.F. £ ££ ££ £££££ ££££££ Brought forward .. .. .. .. .. .. 21,739,411 .. .. 9,824,013 .. .. .. 522,026 4.801.242 15,466,700 6,225,500 ],995,856 .. .. 2 492 100 105 523 51134 916 908 1575 1 27 Native Land Purchases Act, 1892 .. .. .. .. 1892-94 .. .. .5 .. 9,700 .. 1899 .. 9,700 (Renewed under the Aid to Public Works Act and Land for .. 15,000 .. „ .. 15,000 Settlements Acts Amendment Act, 1899.) 3j , 125,000 .. .. .. | .. .. 31 Oct. 1906 125 000 125,000 4,375 .. 125,0 28 Land for Settlements Act, 1892 •• 1893-94 .. .. 4J .. 8,690 .. 1897 .. .. .. .. .. 8,690 (Renewed under " The Land for Settlements Acts Amendment 3J .. 48,276 .. .. .. .. . .. .. .. .. 31 Oct., 1906 .. 45,276 1,585 .. 45,2' Act, 1899.") 29 Cheviot Estate Payment Act, 1893 250,000 i 18 Oct., 1893 .. .. 4J .. 200,000 .. 1894 100 .. 200,000 4i 50,000 .. 1895 100, .. 50,000 30 Land for Settlements Acts, 1894, 1897, 1899, and 1900 .. .. 1894-1903 .. ..4 .. 24,200 .. 1896 110 1 24,200 8* .. 740,090 .. 1899 100 600 .. .. .. .. 31 Oct., 1906 739,490 8} .. 349,000 .. .. .. .. .. .. .. .. 1 April, 1909 349,000 8J .. 62,000 .. .. .. .. .. .. .. .. 1 April, , 62,000 3i •• 30,000 .. .. .. .. .. .. .. .. 31 Oct., 1906 30,000 4 .. 300,000 .. 1901 103 39,900 .. .. .. 260,100 4 .. 56,000 .. .. .. .. .. .. .. .. 1 April, 1905 56,000 4 .. 200,000 .. .. .. .. .. .. .. 200,000 2J .. 19,000 .. .. .. .. .. .. .. 19,000 34 •• 10,000 .. .. .. .. .. .. .. .. 1 April, 1906 10,000 4 .. 527,!)5O .. .. .. .. .. .. .. .. 1 May, 1904 527,950 i ■■ 21,000 .. .. .. .. .. .. .. .. IN,,,., „ 21,000 * •• 412,900 .. .. .. .. .. .. .. .. 1 Feb., 1905 412,900 3J .. 2,100 .. .. .. .. .. .. .. .. iF.b., „ 2,100 4 .. 100,000 .. .. .. .. .. .. .. .. 1 Dec, 1906 100,000 4 .. 161,900 .. .. .. .. .. .. .. .. 1 Feb., 1908 161,900 4 .. 250,000 .. .. .. .. ' .. .. .. .. 1 April, 1904 250,000 i. 31 Oct., 1906 .. 45,276 1,585 .. .. 45,276 31 Oct., 1906 739,490 1 April, 1909 349,000 1 April, , 62,000 31 Oct., 1906 30,000 1 April, 1905 56,000 1 April, 1906 10,000 1 May, 1904 527,950 1 Nov., , 21,000 1 Feb., 1905 412,900 1 F.b., „ 2,100 1 Dec, 1906 100,000 lFeb., 1908 161,900 1 April, 1904 250,000 2,722,340 100,815 .. 2,722,840 30 Sept., 1908 283,000 30 Sept., „ i 117,000 400,000 15,415 .. 400,000 1 Feb., 1910 .. 472,556! 16,540 .. . 472,556 — f — — — -- - - — — - - -- -- . ■ £f I A I , J, \J \J J. ** \J V , *J Vj*"_/ 2,722,340 100,815 .. 2,722,84 31 Lands Improvement and Native Lands Acquisition Act, 500,000 i 1894-97 .. •• 4 .. 383,000 .. 1897 .. 100,000 .. .. .. .. 30 Sept., 1908 283,000 ! 1894 H •• 117,000 ... .. .. .. .. .. .. .. 30Sept., „ j 117,000 400.000 15.415 .. 400.0( 4uU,UUU 10,410 .. 400, VI. 32 New Zealand Consols Act, 1894 .. .. .. 750,000: 1894-1903 : .. ■■ 3J .. 472,556 .. .. .. .. .. .. .. .. 1 Feb., 1910 .. 472,556 1 16,540 .. 472,5; 33 Bank of New Zealand and Banking Act, 1895 .. 500,000 1895 .. ■• 3J .. 500,000 .. 1896 100 .. 500,000 %4 Aid to Public Works and Land Settlement Acts, 1896 to 1901 2,000,000 i 30 Sept., 1896 .. .. 3J .. 250,000 .. 1902 100 250,000 21 Dec, „ .. ■■ 3J 500,000 .. .. .. .. .. .. .. .. 15 Aug., 1921* 500,000 15 Dec, 1897 ■■ •■ 3 .. 25,000 .. 1899 100 25,000 21 Feb., 1898 .. •. 3£ .. 100,000 .. „ .. 100,000 3 Mar., „ .. .. j 3 .. 100,000, .. „ 100 100,000 11 Mar. .. .. ■■ 8 .. 10,000 .. „ 100 10,000 I 5 April, 1898 .. ■■ 3J .. 100,000 .. .. .. 100,000 .. .. ■• ! 31 Oct., . .. •■ H ■■ 100,000 .. 1899 .. .. .. .. .. 85,000 31 Oct., 1903! 15,000 4 Jan., 1899 .. ■• 3J .. 150,000 .. .. .. .. .. .. .. .. 4 Jan., 1904 I 150,000 15 Jan., 1900! .. .. \ .. 100,000 .. .. .. .. .. - .. .. .. 15 Jan., 1905 100,000 15 Feb., ,. ■■ •• J .. 100,000 .. .. .. .. .. .. .. .. 15 Feb , „ 100 000 15 Mar., , .. .. { .. 100,000 .. .. .. .. .. .. .. .. 15 Mar., . 100,000 17 April, „ .. ■■ } .. 100,000 .. .. .. .. .. .. .. .. 17 April , 100,000 15 May, . ■■ •• 1 .. 100,000 .. .. .. .. .. .. .. .. 15 May, „ 100,000 15 June, ,. •• ■• J .. 100,000 .. .. .. .. .. .. .. .. 15 June, „ 100,000 16 July, „ .. •• J .. 100,000 .. .. .. .. .. .. .. .. 16 July, , 100,000 15 Aug., ,. ■■ ■■ J .. 100,000 .. .. .. .. .. .. .. .. 15 Aug., , 100,000 15 Sept., ,. .. ■■ J .. 100,000 .. 1902 .. 100,000 15 Oct., „ .. ■■ J .. 65,000 .. . .. 65,000 21 Nov. ■• I .. 100,000 .. .. .. .. .. .. .. 100,000 22 Dec, ,. .. •• J .. 100,000 .. .. .. .. .. .. .. 100,000 1900-1901 .. .. 4 .. 500,000 .. 1901 103 35,000 .. .. .. .. 1 April, 1903 465,000 1901-1902 .. .. 4 .. 500,000 .. .. .. .. .. .. .. .. 1 April, 1904 500 000 1901-1902 .. ■• 4 .. 250,000 .. .. .. .. .. .. .. .. 1 Dec, „ 250,000 1902-1903 . ■• I 4 .. 750,000 .. .. .. .. .. .. .. .. 1 Dec, 1906 750,000 3,430,000 112,375 .. 3.480.0C ■ 15 Aug., 1921* 500,000 31 Oct., 1903 15,000 4 Jan., 1904 150,000 15 Jan., 1905 100,000 15 Feb., „ 100,000 15 Mar., „ 100,000 17 April „ 100,000 15 May, „ 100,000 15 June, „ 100,000 16 July, „ 100,000 15 Aug., . 100,000 35 Dairy Industry Act, 1898 .. .. .. •• .. 1900-1901 .. •■ 3J .. 1,781 .. .. .. .. .. .. .. .. 1 Aug., 1908 438 1 Jan., 1911 843 1 Jan., 1916 500 1,781 62 .. .. 1,76 •36 Government Advances to Settlers Act, 1894 .. .. .. 1900-1903 •• •■ 4 .. 50,000 .. .. .. .. .. .. .. 50,000 8J .. 90,000 .. .. .. .. .. .. .. 90,000 I 200,000 .. .. .. .. .. .. .. .. .. 200,000 200,000 7,000 .. .. 200,0( 37 Government Accident Insurance Act, 1898 .. .. .. 1900-1901 ■■ ■■ 3$ .. 2,000 .. .. .. .. .. .. .. .. 1 Feb., 1911 .. 2,000 70 .. .. 2,0C 38 Local Bodies'Loans Act, 1901 .. .. .. .. 1902-1903 i •■ ■• 3J 350,000 .. .. .. .. .. .. .. .. 1 Jan., 1909 .. 350,000 12,520 .. 350 OC 39 i State Coal-mine* Act, 1901 .. .. .. .. .. 1902-1903 J ■• ■■ 3J 52,000 .. .. .. .. .. .. .. .. 1 April, 1907 .. 52,000 1,820 .. .. 52,(X 40 New Zealand Consolidated Stock Act, 1877(4-per-oents)» NewLoans— (1 Nov., 1882 [ •• •• 4 .. 1,000,000 .. .. .. .. .. .. .. .. 1 Nov., 1929 1,000,000 New Zealand Loan Act, 1882 .. .. .. 3,000,000 U Nov., „ •• -.4 .. 1,000,000 .. .. .. .. .. .. .. .. 1 Nov., „ 1,000,000 (l Nov., 1884 •• •• 4 .. 1,000,000 .. .. .. .. .. .. .. .. 1 Nov , 1000 000 1884., .. .. 1,500,000 1 May, 1885 .. .. 4 .. 1,500,000!. ■• •■ •• ■■ •• •■ ■■ •• 1 Nov., „ 1,500,000 1886.. .. .. 1,325,000 1 Nov., 1886 .. ■■ 4 .. 1,325,000 ! .. .. .. .. .. .. .. .. 1 Nov., „ 1,325,000 1888.. .. .. 1,000,000 1 May, 1888 .. .. - 4 .. 1,000,000; .. .. .. .. .. .. .. .. 1 Nov., „ 1,000,000 North Island Main Trunk Railway, 1882 .. 1,000,000 1 May, „ •■ ..4 .. 1,000,000 .. .. .. .. .. .. .. .. 1 Nov., „ 1,000,000 Conversions .. .. •• .. .. .. ■• ■• ■■ 4 ■■ ■■ 21,325,302 .. .. .. .. .. .. .. 1 Nov., „ 21,325,302 41 New Zealand Consolidated Stock Act, 1877 (3J-per-cents)— 29,150,302 L,166,012 .. 29 150 31 To redeem balances of loans of 1876,1877, and 1879.. .. 1 Jan., 1890 .. ■• 3J .. .. 2,768,000 .. .. .. .. .. .. .. 1 Jan., 194C 2,768 000 To redeem balances of loans of 1860, 1863, 1867, and .. 1891-1900 .. ■■ &i .. .. 8,398,167 .. .. .. .. .. .. .. 1 J,»., „ 3,393,167 sundry provincial loans 6,161,167 215,641 .. ,. 6,161,11 A.O '■ New Zealand Consolidated Stock Act 1877 (3-per-cents)— I To make advances to settlers .. .. .. 3,000,000 1895-1903 .. ■■ 3 .. 2,490,000 .. ) Aid to public works and land seltlement .. .. .. 1901-1903 •• ■■ 3 .. 2,000,000 .. I .. .. ., .. .. .. .. 1 April, 1945 .. 9,512,997 285,390 .. 9 512 9! For conversions .. .. .. .. .. .. 1896-1902 •• ..3 .. 1,035,000 3,987,997 ) j ' -iq New Zealand Consolidated Stock Act, 1884— English issue—Conversions .. .. .. .. 15 April, 1885 I ■• •• 5 .. .. 3,651,700 1892 107 .. .. 3,651,700 ........ 15 Jan., 1886 .. •• 5 .. .. 43,600 „ 110 .. .. 43,600 15 April, „ .. •• 5 .. .. 562,400 „ 107 .. .. 562,400 Colonial issue—Conversions .. .. .. .. 1 Nov., 1888 .. .. 5 .. .. 250,000 1 Various .. .. ■■ 4J .. .. 231,000 10 Oct., 1891 •• •• 44 .. 50,000 1 Mar., 1892 .. .. 4J .. .. 449,000 1 Mar., 1896 .. •• 34.. .. 478,300 31 Dec, 1900 .. •• 8J .. 509,500 1895 100 .. 109,308 New'Loans .. .. .. .. Various .. •• ■■ 4| .. 166,706 .. ,1897 100 318,816 .. .. .. ,, „„ 28 May, 1892 .. •• 4J .. 280,300 .. r „ .. 44,216 .. .. .. j bl > 742 28 May, 1893 .. ■■ 4J .. 284,500 .. 1898 100 I 2,058,824 .. .. ) ........ 28 May, 1894 I .. .. 4 .. 117,800 22 June, 1895 j •• .. 4 .. 135,400 22 June, ., .. ■• BA .. 10,000 11 June, 1896 .. .. 3J .. 70,300 17 July, 1897 .. .. 8j .. 69,600 1 Sept., 1898 ■• •• I 34 .. 54,300 , .. .. .. .. 7 June, 1899 .. .. 3J .. 50,400 27 June, 1900 .. .. j 34 .. 52,800 .. .. .. .. .. .. .. .. 1 Sept., 1905 272,000 26 June, 1901 .. ■• 84 .. 57,000 .. .. .. .. .. .. .. .. 31 Dec. 1907 509,500 ..I .. 5July, 1902 .. ' •• : 3 i •• 57,500 .. .. .. .. .. .. .. .. 781,500 27,352 .. 78151 1 April, 1903 465,000 1 April, 1904 500,000 1 Dec, „ 250,000 1 Dec, 1906 750,000 3,430,000 112,375 .. . 3 430 000 1 Aug., 1908 438 1 Jan., 1911 843 1 Jan., 1916 500 1,781 62 .. .. 1,781 '.'. 200,000 200,000 7,000 .. .. 200,000 1 Feb., 1911 .. 2,000 70 .. 2,000 1 Jan., 1909 .. 350,000 12,520 .. .. 350,000 1 April,1907 .. 52,000 1,820 .. .. 52,000 1 Nov., 1929 1,000,000 1 Nov., „ 1,000,000 1 Nov., „ 1,000,000 INov., „ 1,500,000 1 Nov., „ 1,325,000 1 Nov., „ 1,000,000 1 Nov., „ 1,000,000 1 Nov., „ 21,325,302 29,150,302 L,166,012 .. .. 33,150,302 1 Jan., 194C 2,768,000 1 Jan., „ 3,393,167 6,161,167 215,641 .. .. 6,161,167 1 April, 1945 .. 9,512,997 285,390 .. .. 9,512,997 1 Sept., 1905 272,000 31 Dec. 1907 509,500 781,500 27,352 .. .. 781,500 55,899,019 "916^90854,982,111 .. §314,964 Leag _ 55,899,019 liiM0854,~982*,l: Accrued Sinking Fund in respect of the Loans to .. •• ■■ ■■ .... .. .. .. .. .. .. .. .. .. ,. .. .. .. ., §314,964 Local Bodies Act Sinking Fund, Government Advances to Settlers .. .. ■ • • ■ .... .. .. .. .. .. .. .. .. .. .. .. ,, tm t _ 125,867 Office Account Investments in securities included above on account .. ■ • • • - - j .... .. .. .. .. .. .. .. .. .. .. ,. ,. tt _ _ 455,500 New Zealand Consols Investment Account Debentures held by Public Trustee as security for .. .. •• •• .... .. .. .. .. .. .. .. .. .. t . _ _ #> 500,000 stock issued in respect of preferred shares ' j ggg g; Totals .. .. .. .. .. ■■ 21,739.(4.11 .. .. §4,546,852 37,699,966 .. .. i 3,918,282 5,720,550 19,724,400 6,225,500 2,970,388 .. .. 155,899,019 2,072,495 51,184 2,813,239 53,585,71 125,867 455,500 500,000 1,396,331 t55,899,0192,072,495 51,1342,313,23953,585,780 +55,899,01! 2,072,495 51,134 * Loan may be paid off at any time after 15th February, 1907, on six months' notice being given. f Treasury Bills amounting to £700,000 are not included. \ One-quarter per cent, over bank rate, varying interest calculated at 3£ per cent. § Represents the accrued Sinking Fund in respect of the total amount issued under Local Bodies' Loans Acts, of which £1,421,800 has been converted into Consolidated Stock debentures. The Treasury, Wellington, 8th September, 1903. Robert J. Collins, Assistant Secretary to the Treasury and Accountant. By Authority: John Mackay, Government Printer, Wellington.—1903. Price 6d.-\