INVESTMENT OF DEPARTMENTAL FUNDS (RETURN SHOWING).

Appendix to the Journals of the House of Representatives, 1916 Session I, B-11

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1916. NEW ZEALAND.

INVESTMENT OF DEPARTMENTAL FUNDS (RETURN SHOWING).

Presented to both Houses of the General Assembly pursuant to Section 91 of the Public Revenues Act, 1910.

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Return showing the Investments of the Funds of the Post Office, Government Life Insurance, Public Trust, Commissioners of Public Debts Sinking Funds, State Advances Office, New Zealand Consols, and State Fire Insurance Accounts during the Financial Year ended 31st March, 1916.

Compiled from returns rendered. Q. J l . Q_ Campbell Secretary to the Treasury. The Treasury, Ist June, 1916. J. -J. Esson, Examined and found correct. Accountant to the Treasury. Robert J. Collins, Controller and Auditor-General.

Investments. o CD Post OfficeAccount. •5*3 • 3 =-e c a ° ® Public Trust Account. £•£ ° State Advances Office. =< "S.i u ti Advances **^ ■22 = 5 Advances to Office Public ;. = Sg Advances to Advances to Local Sinking Debt " = § o Settlers Branch. Workers Branch. Authorities Fund Extinction £° c °otn<!| Branch. Branch. Fund. J°° State Fire Insurance Account. Government securities — £ s. d. The Aid to Public Worksand Land Settlement Act, 1903 4 53,525 0 0 The Aid to Public Works and Land Settlement Act, 1914 4 1870,000 0 0 The Aid to Water-power Works Act, 1910 .. .. 4 I 54,000 0 0 The Discharged Soldiers Settlement Act, 1915 .. 4 1,000 0 0 The Finance Act, 1909 .. .. .. 4 ! 46,901 0 0 The Finance Act, 1915 .. .. .. .. 4 The Fruit-preserving Industry Act, 1913 • .. .. 4 6,900 0 0 The Government Advances to Settlers Act, 1908 .. 4 100,000 0 0 The Government Railways Act, 1908 .. .. 4 22,000 0 0 The Hauraki Plains Amendment Act, 1913 .. .. 4 6,000 0 0 The Irrigation and Water-supply Act, 1913 .. .. 4 29,900 0 0 The Kauri gum Industry Amendment Act, 1914 .. 4 ; 18,000 0 0 The Land for Settlements Act, 1908 .. .. 4 .101,505 0 0 The Land Laws Am ndment Act, 1913 .. .. 4 61,500 0 0 The Lands Improvement and Native Lands Acquisition 4 2,000 0 0 Act, 1894 The Mining Amendment Act, 1913.. .. .. 4 3,500 0 0 The Native Land Amendment Act, 1913 .. .. 4 j 360,000 0 0 The Public Revenues Act, 1910, Treasury bills .. 4 550,000 0 0 The Public Revenues Acts, 1910-15 .. .. 4 750,000 0 0 The Public Revenues Acts, 1910 and 1915 (No. 2) .. 4 200,000 0 0 The Railways Improvement Authorization Act, 1914 .. 4 140,000 0 0 The Rangitaiki Land Drainage Amendment Acts, 1913 4 19,000 0 0 and 1914 The Waikaka Branch Railway Act, 1905 .. .. 4 53,476 0 0 The Wellington-Manawatu Railway Purchase Act, 1908 4 499,700 0 0 Other securities — Advances to local authorities debentures .. .. 4J Greymouth Harbour Board debentures .. .. 4 3,000 0 0 Palmerston North Borough debentures .. .. Town Board of Waverley debentures .. 5 Freehold Office Property .. .. .. .. .. Mortgage -s .. .. .. .. .. 5 £ £ s. d. £ £ s. d. 6,000 '.'. 8^000 1,600 3,780 14,793 9 6 .. 646,215 0 0: £ s. d. £ s. d. £ £ 115,820 0 0 20,340 149,250 275,680 0 0 .. 161,680 6^660 £ £ s. d. 2,600 0 0 25,990 11 9 I-— — ,_ ___ 1 i , : —: _ Totals .. .. .. .. 3,951,907 0 0 .. 3,951,907' 0 0 j 14,793 9 6 19,380 646,215 0 0: 14,793 9 6 19,380 646,215 0 0 275,680 0 0115,820 0 0182,020 155,910 275,680 0 0115,820 0 0182,020 155,910 28,590 11 9 28,590 11

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Return of Investments of the Funds of the Post Office Savings-bank during the Financial Year ended 31st March, 1916.

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Particulars. SqO Due Date of Securities. Amount. Total. New investments — The Aid to Public Works and Land Settlement Act, 1903 The Aid to Public Works and Land Settlement Act, 1903 The Aid to Public Works and Land Settlement Act, 1914 The Aid to Public Works and Land Settlement Act, 1914 The Aid to Water-power Works Act, 1910 The Aid to Water-power Works Act, 1910 The Aid to Water-power Works Act, 1910 . , The Discharged Soldiers Settlement Act, 1915 The Finance Act, 1909 The Fruit-preserving Industry Act, 1913 The Government Advances to Settlers Act, 1908 The Government Railways Act. 1908 The Government Railways Act, 190S Greymouth Harbour Board debentures The Hauraki Plains Amendment Act, 1913 . . The Irrigation and Water-supply Act, 1913 .. The Irrigation and Water-supply Act, 1913 .. The Kauri-gum Industry Amendment Aot, 1911 The Land for Settlements Act, 1908.. The Land for Settlements Act, 1908.. The Land for Settlements Act, 1908. . The Land for Settlements Act, 1908.. The Linds Improvement and Native Lands Acquisition Act, 1894 The Land Laws Amendment Act, 1913 The Land Laws Amendment Act. 1913 The Land Laws Amendment Act. 1913 The Land Laws Amendment Act, 1913 The Mining Amendment Aot, IMS .. The Native Land Amendment Act, 1913 The Native Land Amendment Act, 1913 The Railways Improvement Authorization Act. 1914 The Rangitaiki Land Drainage Amendment Aot, 1913, and the Rangitaiki Land Drainage Amendment Act, 1914 The Public Revenues Act, 1910. and the Public Revenues Act Amendment Aot, 1915 (No. 2) The Public Revenues Amendment Act. 1915 .. The Public Revenues Amendment Act, 1910 .. The Public Revenues Amendment Act, 1915 . . "flic Waikaka Branch Railway Act, 1905 The, Wellington-Manawatu Railway Purchase Aot, 1908 4 1st February, 1921.. m 4 1st January, 1921 .. £ :• tl. 25,100 0 0 £ s. (I. 28,420 0 0 I 1st May, 1920 650,000 0 0 I 1st November, 1920 220,000 0 0 4 1st May, 1919 4 1st May, 1920 . .. I 1st November. 1920 4 1st March, 1921 .. I 1st August. 1920 .. 4 1st April, 1920 I 1st March, 1921 I 30th .fun,. 1920 I 1st August, 1920 . . I 14th July, 1982 4 1st February, 1920.. I 1st October, 1919 .. 4 1st October, 1920 .. 4 1st November, 1920 4 1st. August, 1920 .. -I 1st August, 1921 4 1st Februarj 1921 .. 4 1st January, 1921 ■I 30th September, 1920 10,000 0 0 14,000 0 0 30,000 0 0 I ,000 0 0 4(i,!!0l 0 0 0,900 0 0 100,000 0 0 20,000 0 0 _',ooo o o :;,ooo o o 0,000 0 0 ..olio o o 24,900 0 0 18,000 0 0 89,060 0 t( 6,470 0 0 1,800 0 0 24,188 (i 0 2,000 0 0 4 31st March, 1920 4 1st January, 1920 .. I 1st February, 1921 . . 1 1st October, 1920 .. 4 1st May, 1920 I 1st April. I9l0 4 1st October. 1920 .. I 1st August, 1920 . . 10,000 0 0 2,000 0 0 4,800 0 0 45,000 0 0 3,600 <> 0 200,000 0 0 160,000 0 0 lio.ooo 0 0 4 1st September, 1920 19,000 0 0 4 31st March, 1918 200,000 0 0 4 1st February, 1921 .. 4 31st December, 1915 4 1st February, 1921.. 4 1st Mav, 1920 1 1st March. 1921 .. 200,000 0 0 550,000 0 0 580,000 0 0 63,476 0 0 109,700 0 0 3,9.", I ,907 0 0 Renewed investments — The Aid to Public Works and Land Settlement Act, 1901 The Aid to Public Works and Land Settlement Act, 1903 The Consolidated Stock Act, 1884 (New Zealand Loans Act, 1908) The Finance Act, 1909, and the Government Railways Act, 1908 The Government Advances to Settlers Act, 1908 The Government Advances to Settlers Act, 1908 The Government Advances to Settlers Extension Act, 1901 The Government Railways Act, 1908 The Hutt Railway and Road Improvement Acts, 1903, 1905, and 1907 The Land for Settlements Act, 1908. . The Land for Settlements Act, 1908 The Lands Improvement and Native Lands Acquisition Act, 1894 The Local Bodies' Loans Act, 1908 The Local Bodies' Loans Act, 1908 .. The Post and Telegraph Act, 1908 .. The' Public Revenues Amendment Act, 1915 .. 4 1st January, 1921 . . 4 1st January, 1921 . . 4 1st January. 1921 . . 4 30th June. 1920 4 1st June, 1920 4 1st June. 1920 4 5th June, 1920 4 4 4 4 4 4 4 32,900 0 0 02,775 0 0 105,090 0 0 50,000 0 0 105,000 0 O 25,000 0 0 80,000 o o 4 30th June, 1920 4 1st May, 1920 4 4 120,000 0 0 127,000 0 0 4 1st January, 1921 4 1st August, 1920 . . 4 30th September, 1920 4 4 4 76,460 0 0 I.050 0 0 339,000 0 0 4 1st January, 1921 .. 4 1st March, 1921 4 1st July, 1920 4 1st February, 1921.. 4 I 4 ■1 785,000 0 0 370,000 0 0 200.000 0 0 200.000 0 0 2,739.175 0 0 6,691,082 0 0 General Post Offioe, Wellington, 5th May, 1916. W. R. ORRIS, Secretary.

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Return of Investments made by the Commissioners of the Public Debts Sinking Funds during the Financial Year ended 31st March, 1916.

Return of Investments made by the Registrar of the New Zealand Inscribed Consols during the Financial Year ended 31st March, 1916.

° % a Particulars. 2So 03 a s Due Date of Securities. Amount. Total. New investments, —■ Debentures — Waverley Town Board .. .. 5 Finance Act, 1915 .. .. 4\ Palmerston North Borough .. 5 Railways Improvement Authoriza- 4 tionAct, 1914 5 1 1 5 4 1 Oct., 1956 15 Dec, 1930 20 Aug., 1922 1 Aug., 1921 £ 3,780 6,000 1,600 8,000 s. d. 0 0 0 0 0 0 0 0 £ 19,380 s. d. 0 0 Renewals, — Debentures under— The Land for Settlements Act, 1908, matured 1st August, 1915, and replaced by debenture! under same Act, due 1st August, 1920 Aid to Public Works and Land Settlement Act, 1903, matured 1st January, 1916, and replaced by debenture under the same Act, due 1st January, 1921 Land for Settlements Act, 1908, matured 1st January, 1916, and replaced by debenture under the same Act, due 1st January, 1921 5,300 12,500 0 0 0 0 11,500 0 0 29,300 0 0 Redeemed — Canterbury Loan Ordinance, 1862 (Debentures under the Lands Improvement and Native Land Acquisition Act, 1894, handed to Treasury in part-payment of debentures paid in London.) Land Laws Amendment Act, 1913 (sold to Post Office) Palmerston North Borough loan of .. 2,000 2,000 0 0 0 0 1,850 0 0 5,850 0 0 £54,530 0 0 P. Purvis Secretary to the C Webb, iommissioners. Wellington, 28th April, 1916.

Particulars. „_. +3 43 o m a ? o &3 s Duo Dato of Securities. Amount. Total. Renewed investments— The Land for Settlements Act, 1908 . . Lands Improvement and Native Lands Acquisition Act, 1894 Aid to Public Works and Land Settlement Act, 1903 Land for Settlements Act, 1908 Local Bodies' Loans Aot, 1908 Local Bodies' Loans Act, 1908 4 4 4 1 Aug., 1920 30 Sept., 1920 1 Jan., 1921 £ 700 59,000 1,340 s. d. 0 0 0 0 0 0 £ s. d. 4 4 4 1 Jan., 1921 1 Jan., 1921 1 Mar., 1921 675 5,000 25,000 0 0 0 0 0 0 91,715 0 0 Office of the Registrar of New Zealanc Wellington, 9th May, 1916 Consols, G. F. C. Campbeix, igistrar of New Zealand Consols.

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Return of Investments made by the State Advances Office during the Financial Year ended 31st March, 1916.

Return of Investments made by the Public Trust Office during the Financial Year ended 31st March, 1916.

Return of Investments made by the State Fire Insurance Department during the Financial Year ended 31st March, 1916.

Approximate Cost of Paper.— Preparation, not given; printing (750 copies), £4 10s

Authority: Marcus F. Marks, Government Printer, Wellington.—l9l6.

Price 6d.]

o S3 g Due Date Particulars. Jg So of Amount. Total. £a% Securities. Advances to Settlers Branch. £ s. d. £ s. d. Mortgages of property .. .. I *5 I .. 646,215 0 0 646,215 0 0 Advances to Workers Branch. Mortgages of property .. .. I *5 .. 275,680 0 0 275,680 i 0 0 Local Authorities Branch. Debentures-issued by local authorities .. i 4| .. 115,820 0 0 115,820 i 0 0 Public Debt Extinction Fund. Mortgages of property .. . . *5 .. 6,660 0 0 Debentures issued by local authorities 4£ .. 149,250 0 0 — 155,910 0 0 Advances Office Sinking Fund Branch. Mortgages of property .. .. *5 .. 161 ,680 0 0 Debentures issued by local authorities .. 4| .. 20,340 0 0 ■ 182,020 I 0 0 £1,375,645 ' * Reducible to 4J per cent, provided instalments are paid within fourteen days of due date. 0 0 State Advances Office, G. F. C. Campbell, Wellington, 1st May, 1916. Superintendent.

Particulars. New investments — Mortgages "o SB ° Sab Due Date of Securities. I Amount. Total. £ s. d. 14,793 9 6 £ s. d. 14,793 9 6 Public Trust Office, Wellington, 1st May, 1916. Fred Fitc: SETT, Public Trustee.

Particulars. o jo a 2 So Due Date of Securities. Amount. Total. ew investments — Mortgages of property Freehold office property £ s. d. 2,600 0 0 25,990 II 9 £ s. d. 28,590 11 9 Wellington, 1st May, 1916. C. R. C. Robie Gem ;son, eral Manager