PUBLIC TRUST OFFICE (ACCOUNTS OF THE) FOR THE YEAR ENDED 31st MARCH, 1904.

Appendix to the Journals of the House of Representatives, 1904 Session I, B-09

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1904. NEW ZEALAND.

PUBLIC TRUST OFFICE (ACCOUNTS OF THE) FOR THE YEAR ENDED 31st MARCH, 1904.

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 Hon. the Colonial Treasurer. giK _ Audit Office, 7th June, 1904. 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, The Hon. the Colonial Treasurer, Wellington. Controller and Auditor-General.

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BALANCE-SHEET of the Public Trust Office for the Year ended 31st March, 1904.

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Balances on 1st April, 1903. Transactions to 31st March, 1904. Balances on 31st March, 1904. Name of Account. Dr. Or. Dr. Or. Dr. Cr. Wills and trust properties placed in the office Intestates' estates Lunatics' estates Convicts' estates Real 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 Seamen's Act, 1877 " " Industrial Schools Act, 1882 " " Little Barrier Island Purchase Act, 1894 " .. " Bankruptcy Act, 1892" Coal-mines Act Dairy Industry Advances Act ■' Public Works Act, 1882," sections 64 and 65 .. '' Public Works Act, 1894," section 77 •' Rating Act, 1894" " Advances to Settlers Act, 1894," Debenture Sinking Fund Account " Advances to Settlers Act, 1894," Assurance and Reserve Fund Account " Native Land Act Amendment Act, 1878 (No. 2)," section 13 " 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 " .. .. .. " Native Land Laws Amendment Act, 1896," section 10 .. .. " Maori Land Administration Act, 1900 " Land Assurance Fund Coal-miners' Relief Fund Police Provident Fund Permanent Militia Reward Fund New Lease Deposit Account Agents' Deficiency Account Mortgage Realisation Account '.. 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 ■■ Bank of New Zealand and Banking Act, 1895," Preferred Shares Account Government Railways Superannuation Fund £ s. d. ::! :: 9 13 5 .'. 575 0 0 '.'. 11,658 8 8 1,239,026 19 3 622,281 14 2 .'. 74,764 14 1 £ s. d. 876,049 4 3 75,391 19 11 41,469 18 11 704 3 5 5,448 0 4 7,752 8 6 32,193 12 7 23,954 2 0 1,009 14 5 33,379 10 5 7,042 12 0 196 8 11 386 13 3 5-51 12 2 1,866 0 0 1,000 0 0 363 6 8 50 8 2 144 18 8 1,302 17 1 125,867 7 10 67,911 16 8 522 5 11 1,042 18 0 825 8 3 167 9 9 5 18 3 10.996 8 10 £ s. d. 187,863 14 1 80.746 17 5 22.747 19 5 288 17 9 ! 5,307 1 4 1,958 4 9 24,890 4 8 12,524 2 2 2,557 19 3 3,112 16 10 374 5 8 82 0 7 9 15 7 546 18 1 1 11 2* £ s. d. 288,583 2 8 102,030 1 1 30,276 0 11 1,051 10 4 18 10 6 7,226 13 6 26,880 1 4 10,961 14 10 2,523 2 3 0,160 9 5 2,939 13 3 100 16 9 103 0 0 493 18 7 173 7 2 £ s. d. £ s. d. 976,768 12 10 96,675 3 7 48,998 0 5 1,466 16 0 159 9 6 13,020 17 3 34,183 9 3 22,391 14 8 974 17 5 36,427 3 0 9,607 19 7 215 5 1 479 17 8 551 12 2 1,813 0 6 1,000 0 0 535 2 8 50 8 2 244 9 11 2,507 14 10 158,520 4 9 91,418 10 3 524 0 0 1,052 13 8 969 17 4 166 4 4 5 18 3 9,548 13 3 894 19 6 174 4 6 45,864 2 10 3,025 19 3 21,793 11 3 1,418 0 4 19 2 2 2,042 15 4 I 61 19 10 233,649 6 10 104 5 11 205 12 9 278 2 7 2.142 6 7 1,266 17 7 266,302 3 9 23,506 13 7 106 0 0 9 15 8 350 1 10 276 17 2 318 4 2 58,154 14 11 2,828 1 0 18,418 5 3 1,356 1 7 28 15 9 I 879 4 6 3,335 7 9 157 1 3 15.891 17 4 572 15 10 3,731 11 5 ; 4 0 1 9 13 7 253 11 3 200 0 0 74,522 7 10 15,353 8 3 i 369,430 8 5 8,160 0 0 1,675 7 9 936,638 11 9 20,094 9 10 500,000 0 0 7,528 18 11 1,887 12 2 894 19 6 13 1 7 3,601 5 3 770 14 1 7,106 17 5 65 18 10 9 13 5 253 11 3 3,323 9 8 74,522 7 10 11,658 8 8 131,334 11 2 512,235 0 0 1,847 3 10 2,186 12 4 946,016 16 6 27,992 3 2 40,830 4 5 775 0 0 1,083 7 7 445 9 8 10,279 12 3 15,353 8 3 1,477,122 16 6 118,206 14 2 65,386 9 4 617 5 9 12,466 4 7 38,851 16 11 30,954 3 7 500,000 0 0 7,056 11 9 40,357 17 3 1,948,316 9 7 1,676,844 8 3 1,948,316 9 7 2,540,033 9 10 2,540,033 9 10 1,676,844 8 3

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Public Trust Office Peofit and Loss Account. Summary of Eevbnue and Expenditure for the Year euded 31st March, 1904. Dr. £ s. a. £ s. d. Cβ. £ c. d. £ s. a. To Expenses of Management:— By Balance on Ist April, 1903 .. .. .. .. . • 30,954 3 7 Salaries,— Commissions ana charges .. .. .. .. 12,536 15 7 Head Office .. .. •■ . • •• 6,694 14 6 Interest, being surplus from investments .. .. .. 14,520 16 3 Branch offices ana agencies .. .. .. .. 3,115 12 2 Rents from securities taken over .. .. .. 252 19 3 Clerical assistance .. .. .. .. .. 45 19 11 Valuation fees .. .. .. .. •• 575 14 6 Agents' commission .. .. .. .. 2,154 1 3 Sunaries ... .. .. .. .. 105 17 7 Costofauait .. .. .. .. .. 120 0 0 27,1)92 3 2 Services of Agent-General's Office .. .. .. 100 0 0 Services of General Post Office .. .. .. .. 500 0 0 Postages, General Post Office .. .. .. .. 250 0 0 Rent,— Head Office .. .. .. .. .. 475 0 0 Branch offices and agencies .. .. .. .. 405 4 4 Travelling-expenses .. .. .. .. .. 546 1 2 Legal expenses .. .. .. .. .. 262 18 3 Printing, stationery, and requisites .. .. .. 504 11 10 Cleaning and lighting .. .. .. .. 209 18 9 Furnishing .. .. .. .. .. 202 910 Advertising .. .. .. .. ... 345 11 0 Plans for proposed new premises .. .. .. 1,414 0 0 Transfer to Assurance and Eeserve Fund .. .. .. 1,750 11 4 Sundries .. .. .. .. •• .. 423 12 0 Valuation fees .. .. .. .. .. 574 3 6 Balance .. ■■ .. •• •■ •■ 38,85116 11 £58,946 6 9 £58,946 6 9

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" The Civil Service Eefokm Act, 1886." Statement of Account for the Year ended 31st March, 1904. Db £ s. d. £ b. d. I Cβ. £ s. d. £ s. d To Amounts paid on retirement from the Service .. .. 3,100 10 9By Balance on Ist April, 1903 .. .. .. •• •• M > 6 ™ 10 Amount paid in error refunded.. .. '. .. 10 8 2 Deductions from salaries .. .. 4,850 14 7 ATnnnntorpfnnripfl to Pnblir Wount 117 11 Refund amounts paid on retirement .. .. .. 94 4 Amounts refunded to Public Account .. .. _____! 3,112 16 10! Amount lodged on account of J. A. Wilson's compensation .. 20 0 0 Balance •• •• ■• 36,427 3 0 Interest added to account .. .. .. 1.280 10 6 £39,539 19 10 Intebest Account for the Year ended 31st March, 1904. Dr £ s. d. £ s. d. Ck. £ s. d. £ s. d. To Accrued and overdue interest at 31st March, 1903, transferred .. 11,658 88 By Interest on mortgages .. .. .. 54,165 19 6 Interest transferred to estates .. .. .. ■■ 48,258 18 0 Interest on Government securities .. .. •• 2,856 14 2 Amounts refunded • •■•B4 4 11 Interest on local bodies' debentures .. .. .. 885 6 5 Balance transferred to Profit and Loss Account .. .. 14,520 16 3 Interest on current account in bank .. .. .. £"5 6 sundry receipts .. .. .. .. .. °4o 1/ v Accrued and overdue interest at 31st March, 1904 .. .. 15,353 8 3 £74,522 7 10 £74,522 7 10

Consolidated Fund Account for the Yeai , ended 31st March, 1904. Dk £ s. d. £ 3. d. ] Cβ. £ s. d. £ s. ATo Amount paid to Public Account in terms of section 76 of " The By Balances in the undermentioned accounts, unclaimed for six Public Revenues Act, 1891 ».. •• ■• •• 1,100 4 9 year s:Intestate estates .. .. .. .. .. bo 7 6 9 Real estates .. .. .. .. .. 15 17 5 The Shipping and Seamen's Act .. .. .. 410 0 The Rating Acts .. .. .. .. .. 18 19 3 The Bankruptcy Acts .. .. .. .. 394 14 11 Suspense Account .. .. .. .. 819 5 £1,100 4 9 £1,100 4 9

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Securities held by the Public Trust Office on the 31st March, 1904.

J. W. Poynton, Public Trustee. T. D. Kendall. Accountant. Examined and found correct.— J. K. Wakbukton, Controller and Auditor-General. 7th June, 1904.

Approximate Cost of Paper.— Preparation, not given ; printing (2,425 copies), £6 14s.

Authority: John Mackay, Government Printer, Wellington.—l9o4.

Price 6d.\

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:oininai lUe. Cost Price. )OB1 " Lands Improvement and Native Lanas Acquisition Act, 1894," forty debentures, Nos. 270 to 284, 399 to 408, and 439 to 453.. " New Zealand Consols Act, 1894," Consols, inscriptions Nos. 41, 49, 82, 120, 139, 155, 192, 204, 206, 222, 231, 244, 251, and 258 "Land for Settlements Act, 1894," and "Land for Settlements Act Amendment Aot, 1897," one debenture, No. 290 " General Purposes Loan Act, 1873," four debentures, Nos. 32 to 35, and certificate No. 74 " Immigration and Public Works Loan Act, 1870," eight debentures, Nos. 4 to 11 and Nos. 1921 to 1925 " Aid to Public Works and Land Settlement Act, 1903," one debenture, No. 61 " Waimakariri-Ashley Water-supply Board Loan Act, 1894," three debentures, Nos. 1 to 3 Waimakariri-Ashley Water-supply Board, Brown's Rock Subdivision, three debentures, Nos. 1 to 3 Borough of Onslow, five debentures, Nos. 1 to 5 Borough of Onslow, two debentures, Nos. 1 and 2 Borough of Gladstone, ten debentures, Nos. 1 to 10 .. Borough of South Invercargill, fifty debentures, Nos. 1 to 50 .. Borough of East Invercargill, fifty-rive debenture?, Nos. 1 to 25 and Nos. 1 to 30 City of Christeburch, Richmond Ward, foi'ty-one debentures, Nos. 1 to 41 City of Christchurch, loan of £35,000, seventeen debentures, Nos. 312 to 328 Borough of Sydenham, Loan No. 3, seventeen debentures, Nos. Iβ to 17b Borough of North Invercargill, special loan of £5,700, forty-seven debentures, Nos. 1 to 47 .. " Dunedin Waterworks Act, 1874," seven debentures, Nos. 1032, 1033, 1044, 1074, 1075, 1137, and 1143 Borough of Lower Hutt, special loan of £8,000, debentures Nos. 1 to 6, £1,000 each Borough of Lower Hult, special loan of £1,000, debenture No. 1 Borough of Lower Hutt, Hutt Bridge Loan, of £2,500, debentures Nos. 1 to 5 Fixed deposits Mortgages— General Investment Aocount .. .. .. .. £1,351,025 16 6 Speoial Investment Account .. .. .. .. 96,211 14 2 £ s. d. £ s. d. 40,000 0 0 40,000 0 0 26,155 0 0 26,155 0 0 10,000 0 0 10,000 0 0 1,200 0 0 l,03G 0 0 1,300 0 0 25,000 0 0 1,172 0 0 25,000 0 0 3,000 0 0 3,000 0 0 3,000 0 0 5,000 0 0 2,600 0 0 1,000 0 0 5,000 0 0 5,500 0 0 1,640 0 0 850 0 0 1,700 0 0 3,000 0 0 5,000 0 0 2,600 0 0 1,000 0 0 5,000 0 0 5,500 0 0 1,640 0 0 850 0 0 1,700 0 0 4,700 0 0 4,700 0 0 600 0 0 639 0 0 6,000 0 0 1,000 0 0 2,500 0 0 600 0 0 6,000 0 0 1,000 0 0 2,500 0 0 600 0 0 1,447,237 10 8 1,447,237 10 8 Total £1,595,582 10 8 £1,595,329 10 8 Total General Investment Account .. .. .. £1,47' Total Special Investment Account .. .. .. 11! ,122 16 6 ,206 14 2 £1,691 ,329 10 8