PUBLIC TRUST OFFICE (ACCOUNTS OF THE) FOR THE YEAR ENDED 31st MARCH, 1910.

Appendix to the Journals of the House of Representatives, 1910 Session I, B-09

8.—9.

1910. NEW ZEALAND.

PUBLIC TRUST OFFICE (ACCOUNTS OF THE) FOR THE YEAR ENDED 31st MARCH, 1910.

Laid before the General Assembly in pursuance of Section 39 of the Public Trust Office Act, 1908.

The Control,i.kk and Auditor-General to the Hon. the Minister op Finance Sir,— Audit Office, 29th June, 1910. I have the honour, in accordance with the provisions of section 39 of the Public Trust Office Act, 1908, 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 balancesheet and found it correct. I am, *c, R. J. Collins, Controller and Auditor-General. The Hon. the Minister of Finance, Wellington.

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Balance-sheet of the Public 'Peust Office for the Year ended 31st March, 1910.

Name of Account. Balances on 1st April, 1909. Dr. Cr. Transactions. Dr. Gr. Balances on 31st March, 1910. Dr. Cr. Wills ana trusts Intestate estates .. .. .. Mental patients Convicts TJnclaimea lanas Unolaimea property West Coast settlement reserves .. .. Native reserves Aucklana Hospital reserves Civil Service Act, 1908 Post ana Telegraph Act, 1908 Public Service Superannuation Funa Public Service Classification ana Superannuation Act, 1908, section 31 Teachers' Superannuation Puna .. .. .. Eaucation Act, 1908, section 243 Government Railways Superannuation Puna Police Proviaent Funa Permanent Militia Reward Fund .. ... Coal-miners' Relief Fund Lana Assurance Fund Sinking Funds .. .. Education Act. 1908 (Taranaki Scholarships) Shipping and Seamen Act, 1908 Industrial Schools Act, 1908 Little Barrier Island Purchase Act, 1894 Bankruptcy Act, 1908 Rating Act, 1908 Public Works Act, 1908. section 78 Native Land Act Amendment Act, 1878 (No. 2), section 13 Native Land Laws Amendment Act, 1883, section 14 Native Land Laws Amendment Act, 1895, sections 71 and 72 Native Land Laws Amendment Act, 1896, section 10 Native Land Court Act, 1894, section 68 Native Equitable Owners Act, 1886 Maori Real Estate Management Act, 1883 Maori Lands Administration Act, 1900 Maori Land Claims Adjustment and Laws Amendment Act, 1907 .. Property Law Act, 1908, section 75 Dairy industry advances Mining Acts deposits Mortgage realisation New lease neposit Special loans .. .. Suspense Imprest Interest .. .. .. .. ., Accrued interest Accrued rent .. .. .. .. General investment .. .. Special investment New premises £ s. a - 1,800 0 0 32,748 14 7 1,986,749 12 2 847,619 17 8 £ s. a. £ a. a. 850,963 16 8 474,000 5 1 125,604 14 0 135,962 13 4 103,514 10 2 38,060 8 7 530 19 5 235 2 2 16,962 0 3 762 8 0 51,751 12 7 32,776 1 8 18,759 11 1 9,795 0 11 393 0 11 1,562 4 0 17,328 0 11 14,555 2 8 468 7 8 455 19 2 103,221 10 11 30,399 5 9 1,388 10 6 4,193 15 1 95,803 8 7 13,521 17 3 1,569 0 0 1,269 14 6 157,151 14 9 52,804 11 8 31,813 7 10 9,656 16 5 1,880 8 0 65 2 3 4,625 12 3 646 9 9 22,770 9 5 1,551 1 3 1,166,000 9 2 9,548 6 1 - 7,770 2 6 98 4 5 559 10 0 270 2 0 450 14 9 38 8 0 551 12 2 2,197 10 10 401 0 5 3,697 15 6 1,983 5 6 6,355 19 0 4,133 14 7 556 4 9 759 2 5 561 1 4 1,687 4 10 1,091 9 8 3,516 18 1 2,607 14 5 1,072 3 5 338 15 0 5 18 3 12,753 3 3 3,870 13 1 5,783 12 3 8,184 3 6 297 0 0 312 14 5 1,026 0 3 2,490 6 0 1,302 12 63 8 4 3,850 0 0 2,000 0 0 441 6 9 10 4 2 883 1 1 2,552 8 7 968 11 2 10,583 8 7 200 0 0 131,482 15 7 38,746 19 9 1,583 15 6 446,158 8 4 165,233 0 0 9,078 18 11 £ s. a. 547,738 3 10 156,711 4 7 55,212 6 5 80 9 6 1,802 18 1 1 16 0 31,199 12 10 10,157 13 4 1,511 17 11 1,710 11 5 47 11 1 109,879 3 11 12,571 16 11 ■ 48,935 2 0 100 6 8 69,528 18 7 10,047 15 8 85 17 2 1,106 0 4 2,611 3 8 282,425 2 8 1,003 6 0 181 5 9 572 4 8 484 1 4 1,749 14 4 217 0 8 1,053 7 3 133 5 11 264 6 5 7,283 7 7 10,029 13 6 15 14 5 1,777 3 3 161 19 6 1,025 0 0 j 441 6 9 2,581 3 0 14,972 4 1 131,482 15 7 32,748 14 7 1,372 10 0 I 243,356 9 3 58,810 19 5 9,078 18 11 £ a. £ s. a. 924,701 15 5 146,353 5 3 120,666 8 0 376 6 9 18,002 10 4 1 16 0 50,175 3 9 19,122 3 6 342 14 10 4,483 9 8 59 19 7 182,701 9 1 9,766 12 4 131,216 13 4 399 12 2 173,876 1 8 32,204 7 1 1,901 2 11 5,085 2 10 23,830 11 10 1,438,877 5 9 8,675 4 1 470 13 9 412 6 9 551 12 2 2,368 15 1 2,198 11 4 3,971 18 9 773 5 5 198 1 1 1,649 2 5 1,042 9 7 997 14 10 5 18 3 16,165 17 9 7,629 2 3 312 17 6 1,400 12 4 2,875 0 0 '.'. 10 4 2 911 15 6 5,357 6 8 2,000 0 0 38,746 19 9 .. 211 5 6 2,189,551 11 3 954,041 18 3 , Carried forward 2,868,918 4 5 2,828,555 14 11 1,666,328 8 3 : 1,864,262 4 9 1,864,262 4 9 3,184,551 14 9 3,342,123 1 9

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Public Trust Office Profit and Loss Account. Summary of Bevenue and Expenditure for the Year ended 31st March, 1910. Dr £ s. d. £ s. d. Or. * a - d - To Expenses of management:- By Balance on Ist April, 1909 .. .. .. .. .. 23,804 2 4 Salaries Commission and charges .. .. •• •• •• i»,/40 lo 6 Head Office .. •• •• 10,938 14 4 Interest, being surplus from investments .. .. .. .. 17,878 11 5 \gencies •■ •■ 5,869 1 1 Rents from securities taken over .. .. .. .. .. 441 6 9 Hi,807 15 5 Rents from freehold property .. .. .. •• 2,170 0 6 Clerical assistance .. .. .. •• 674 1* 5 Valuation fees .. .. .. .. •• •• 619 210 Agents'commission .. .. .. .. •• •• 3,171 0 5 Sundries .. ~ .. .. ■• •• •• 57a 18 / Cost of audit .. .. .. • • • ■ • • • • 240 0 0 Services of High Commissioner's Office .. .. .. .. 100 0 0 Services of General Post Office .. .. .. •• • • 650 0 0 Postages .. .. .. ■• •• •• •• 495 13 5 Rent,— Head Office.. .. .. •• •• 1,65116 6 Agencies .. .. .. ■• • • 683 0 0 2,334 16 6 Travelling-expenses .. .. .■• • • • • • • &50 H 1 Legal expenses .. .. .. •••• • • 218 4 2 Printing, stationery, and office requisites .. •• •• 1,264 13 5 Cleaning, lighting, &c. .. • • • • • • 877 H 2 Advertising .. .. .. ■ •• • • • • • 259 1 6 Valuation fees .. .. . ■ • ■ 730 0 6 Freehold property, sundry expenses, and extras, including expenses re opening ceremony of new building .. .. • ••• • • 503 9 5 Alterations to Christchurch offices .. .. .. .. • • 273 211 Profits invested .. .. .- •• •• •• 9,031 1 5 Assurance and Reserve Fund .. .. .. •• •• 2,712 12 10 Sundries .. .. .. .•• • • • • • 747 13 7 Balance .. .. .. .. •■ •• •• 23,295 16 6 £65,237 18 8 £65,237 18 8 Interest Account for the Year ended 31st March, 1910. D R- • £ 8. d. £ s. d. Ck. £ s. d. £ s. d. To Accrued' interest at 31st March, 1909, transferred .. .. 27,472 18 6 By Interest on mortgages .. .. .. ..86,872 14 10 Interest transferred to estates.. .. .. .. 85,716 7 9 Interest on Government securities .. .. .. 1,458 12 7 \mounts refunded .. .. •• ■• •■ 414 17 11 Interest on local bodies'debentures .. .. .. 7,799 14 10 Balance transferred to Profit and Loss Account .. .. 17,878 11 5 Interest on advances to estates .. .. .. 3,63H 10 9 Interest on current account in bank .. .. .. 344 15 2 Sundry receipts .. .. .. .. .. 44 13 11 Accrued interest to 31st March, 1910 .. .. .. 31,325 13 6 £131,482 15 7 £131,482 15 7 Consolidated Fund Account for the Year ended 31st March, 1910. D X . £ s. d. £ 3. d. Cr. £ s. d. £ s. d. To Amount paid to Public Account in terms of section 15 of the ,By Mental patients' estates .. .. .. .. 10 3 1 Public Revenues Act, 1908 .. .. .. .. 1,645 10 6 The Bankruptcy Act .. .. .. .. 350 5 1 The Civil Service Reform Act .. .. .. .. 510 1 The Rating Act .. .. .. .. .. 1,166 7 3 The Shipping and Seamen Act.. .. .. .. 13 5 0 £1,545 10 6 £1,545 10 6

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Securities held by the Public Trust Office on the 31st March, 1910.

Total General Investment Account .. .. £2,189,551 11 3 Total Special Investment Account .. .. 954,041 18 3 £3,143,593 9 6

Public Trust Office, July, 1909. Fred Fitchett, Public Trustee. A. Purdie, Accountant. Examined and found correct. Kobert J. Collins, Controller and Auditor-General. Approximate Cost ofPaper.— Preparation, not given; printing (2,500 copies), £7 148.

By Authority : John Mackay, Government Printer, Wellington.—l9lo.

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[Price 6d.

Nominal Value. Cost Price. 'OS 'rice. Immigration and Public Works Loan Act, 1870, eight debentures, Nos. 4 to 11 General Purposes Loan Act, 1873, four debentures, Nos. 32 to 35, and certificate No. 74 Land for Settlements Consolidation Act, 1900, twenty-four debentures, Nos. 9753-8, 9759-62, 11718-9, 11835-6, 11844-53 Land for Settlements Act, 1908, seven debentures, Nos. 12483-4, 12837-9, 13532, and 13630 .. Government Railways Aot, 1908, two debentures, Nos. 537 and 540 Hutt Railway and Road Improvement Act, 1907, debenture No. 112 Waimakariri-Ashley Water-supply Board, three debentures, Nos. 1 to 3 Waimakariri-Ashley Water-supply Board, Brown's Rock Subdivision, three debentures, Nos. 1 to 3 Borough of Dannevirke, loan of £20,000, 200 debentures, Nos. 1 to 200 Borough of Dannevirke, Additional Sanitary Drainage Debenture Loan, three debentures, Nos. 1, 2, 3 Borough of Dannevirke, loan of £7,500, seventy-five debentures, Nos. 1 to 75 Borough of Dannevirke, Waterworks Loan No. 4 of £6,000, six debentures, Nos. 1 to 6 Borough of Dannevirke, Drainage Connection Loan, twenty debentures, Nos. 1 to 20 Borough of Eketahuna, Electric Lighting and Supply No. 2 Loan, four debentures, Nos. 1 to 4 .. .. Borough of Gladstone, ten debentures, Nos. 1 to 10 .. Borough of Greytown, Town Hall Loan, four debentures, Nos. 1 to 4 Borough of Hamilton, Streets, Bridge, and Gasworks Loan, nineteen debentures, Nos. 1 to 11 and 21 to 28 Borough of Invercargill, seven debentures, Nos. 47 to 53 Borough of North Invercargill, forty-seven debentures, Nos. 1 to 47 Borough of South Invercargill, fifty debentures, Nos. 1 to 50 Borough of East Invercargill, fifty-five debentures, Nos. 1 to 25 and 1 to 30 Borough of Kaiapoi, three debentures, Nos. 1, 2, and 3 Borough of Levin, loan of £750, twelve debentures, Nos. 4 to 15 .. Borough of Levin, thirty-six debentures, Nos. 2 to 30 and 31 to 37 Borough of Lower Hutt, loan of £8,000, eight debentures, Nos. 1 to 8 Borough of Lower Hutt, loan of £1,000, debenture Mo. 1 Borough of Lower Hutt, loan of £2,500, five debentures, Nos. 1 to 5 Borough of Lower Hutt, loan of £2,800, four debentures, Nos. 1, 2, 3, and 1.. Borough of Lower Hutt, loan of £6,000, six debentures, Nos. 1 to 6 Borough of Lower Hutt, loan of £750, six debentures, Nos. 5 to 10 Borough of Masterton, loan of £4,000, four debentures, Nos. 1 to 4 Borough of Onslow, five debentures, Nos. 6 to 10 Borough of Onflow, five debentures, Nos. 1 to 5 Borough of Onslow, two debentures, Nos. 1 and 2 Borough of Petone, loan of £8,000, eight debentures, Nos. 1 to 8 .. Borough of Petone, loan of £5,000, five debentures, Nos. 1 to 5 .. Borough of Petone, loan of £500, debenture No. 1 .. Borough of Petone, loan of £1,000, debenture No. 1 .. Borough of Rangiora, Gasworks Loan, twenty-eight debentures, Nos. 1 to 6 and 10 to 31 Borough of Sydenham, debenture No. 1b .. Bull's Town Board, Town Hall Loan, debenture No. I Gonville Town Board, Water, Drainage, and Streets Loan, £7,000, seventeen debentures, Nos. 54 to 70 Hunterville Town Board, fifty debentures, Nos. 1 to 50 Johnsonville Town Board, debenture No. 1 Johnsonville Town Board, three debentures, Nos. 1, 2, and 3 .. Opunake Town Board, Acetylene Gas Lighting Loan, six debentures, Nos. 1 to 0 Waipukurau Town Board Library and Town Board Offices Loan, twelve debentures, Nos. 1 to 12 Borough of Blenheim, loan of £3,500, thirty-five debentures. Nos. 1 to 35 .. Bluff Harbour Board, loan of £30,000, 104 debentures, Nos. 1 to 95 and 156 to 164 City of Christchurch, loan of £35,000, five debentures, Nos. 1, 3, 4, 5, and 6.. City of Dunediu Waterworks Act, 1874, loan, seven debentures, Nos. 1032, 1033, 1044, 1074, 1075, 1137, and 1143 .. Hawera County Council, forty-two debentures, Nos. 1 to 42 Mataongaonga Road Board, loan of £2,800, ten debentures, Nos. 13-16 and 22-27 .. Mortgages— General Investment Account.. .. .. £1,967,234 11 3 Special Investment Account .. .. .. 620,23118 3 £ s. d. £ s. d. 800 0 0 672 0 0 1,200 0 0 1,036 0 0 188,030 0 0 188,030 0 0 108,230 0 0 108,230 0 0 30.000 0 0 30,000 0 0 10,000 0 0 10,000 0 0 3,000 0 0 3,000 0 0 3,000 0 0 3,000 0 0 20,000 0 0 20,000 0 0 1,500 0 0 1,500 0 0 7,500 0 0 7,600 0 0 6,000 0 (- 6,000 0 0 2,000 0 0 2,000 0 0 2,300 0 0 2,300 0 0 1,000 0 0 1,000 0 0 2,000 0 0 2,000 0 0 15,000 0 0 15,000 0 0 700 0 0 700 0 0 4,700 0 0 4,700 0 0 5,000 0 0 5,000 0 0 5,500 0 0 5,500 0 0 3,000 0 0 3,000 0 0 860 0 0 060 0 0 9,900 0 0 9,900 0 0 8,000 0 0 8,000 0 0 1,000 0 0 1,000 0 0 2,500 0 0 2,500 0 0 2,800 0 0 2,800 0 0 6,000 0 0 6,000 0 0 450 0 0 450 0 0 4,000 0 0 4,000 0 0 400 0 0 400 0 0 5,000 0 0 5,000 0 0 2,600 0 0 2,600 0 0 8,000 0 0 8,000 0 0 5,000 0 0 5,000 0 0 500 0 0 500 0 0 1,000 0 0 1,000 0 0 7,760 0 0 7,760 0 0 100 0 0 100 0 0 600 0 0 600 0 0 1,700 0 0 1,700 0 0 5,000 0 0 5,000 0 0 1,000 0 0 1,000 0 0 3,000 0 0 3,000 0 0 600 0 0 600 0 0 600 0 0 000 0 0 3,500 0 0 3,500 0 0 10,400 0 0 10,400 0 0 250 0 0 250 0 0 600 0 0 ! 639 0 0 42,000 0 0 42,000 0 0 1,000 0 0 1,000 0 0 2,587,466 9 6 2,587,466 9 6 Total .. .. .. .. £ £ 3,143,846 9 6 3,143,593 9