INVESTMENT OF DEPARTMENTAL FUNDS (RETURN SHOWING).

Appendix to the Journals of the House of Representatives, 1921 Session I-II, B-11

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Session 11. 1921. 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.

Return showing the Investments of the Funds of the Post Office, Public Trust, Commissioners of Public Debt Sinking Funds, and New Zealand Consols during the Financial Year ended 31st March, 1921.

Compiled from returns rendered. G. F. C. Campbell, Secretary to the Treasury. J. J. Esson, The Treasury, 13th July, 1921. Accountant to the Treasury. Audited and found correct. —Robert J. Collins, Controller and Auditor-General.

Commissioners Rate of p , „ ffi Public of In vestments. Interest i,"iW, Trustee's Public Debt percent. Account. Account. Sinking Funds Account. Rate of Interest percent. New Zealand Consols Account. lovernment securities — £ £ £ Aid to Public Works and Land Settlement Act, 1912 .. 4J 11,200 Aid to Water-power Works Act, 1910.. .. .. 4J 20,000 Discharged Soldiers Settlement Loans Act, 1919 (section 4) 4J 950,000 „ 1919 „ 4 100,000 1920 .. j 4J 250,000 Discharged Soldiers Settlement Loans Act, 1920 (Post 51 154,500 Office Investment (ertificates) Education Purposes Loans Act, 1919 .. .. .. 4J 80,000 1919 .. .. 5 60,000 Finance Act, 1918 (No. 2) (section 29), (Public Works) .. 41 200,000 1918 „ (section 32), (State Forests) .. 41 50,000 1918 „ (Part IV) .. .. .. 4J 500 1918 „ „ (War Loan Certificates) 41 257,740 1920 (section 15), (Public Works) .. 4J 570,000 1920 „ „ .. 5 349,240 Fishing Industry Promotion Act, 1919 .. .. 41 520 Hauraki Plains Amendment Act, 1913, and Appropriation 41 34,000 Act, 1918 (section 43) Housing Act, 1919 (section 30) .. .. .. 4J 180,000 1919 (section 46) .. .. .. 41 3,150 Land for Settlements Act, 1908 .. .. .. 4 2,500 Land Laws Amendment Act, 1913 .. .. .. 4J 21,200 Land Laws Amendment Act, 1913, and Appropriation 4J 10,000 Act, 1918 (section 42) Mining Amendment Act, 1913, and Amendment Act, 1919 41 10,000 Native Land Amendment Act, 1913 .. .. .. 4J 70,000 New Zealand State-guaranteed Advances Acts, 1909-10 4 .. .. 1,000 (Land for Settlements Branch) Public Revenues Act, 1910 (section 39) .. .. 4J 1,950,000* Railways Improvement Authorization Act, 1914 .. 5 30,000 Rangitaiki Land Drainage Amendment Act, 1913, and 5 10,000 Finance Act, 1920 (section 16) Swamp Drainage Act, 1915, and Appropriation Act, 1918 41 50,000 (section 46) Swamp Drainage Act, 1915, and Appropriation Act, 1918 5 5,000 (section 46) Waihou and Ohinemuri Rivers Improvement Act, 1910 .. 41 20,000 Waihou and Ohinemuri Rivers Improvement Act, 1910, li .. .. 2,500 and Finance Act, 1919 (section 6) War Purposes Loan Act, 1917 .. .. ..41 200 War-loan certificate (O 14849) .. .. 41 80 New Zealand Inscribed Stock Act, 1917 (War Expenses) 41 301,040 New Zealand Inscribed Stock Act, 1917, and Finance Act, 5 350,000 .. 7,650 1919 (section 5), (l'.W.) New Zealand Inscribed Stock Act, 1917, and Electric- 5 1,022,200 power Works loan Act, 1919 British War-loan Stock (nominal value, £421,052 12s. 8d.) 5 400,000 Mortgages on property .. .. •• .. 5J .. 53,000 Totals .. .. .. .. .. 17,523.130 53,000 11,150 £ 11,150 * This investment was redeemed during the financial year 1020-21.

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Statement showing Particulars of New Investments and of Securities renewed by the Post Office during the Year ended 31st March, 1921.

New Investments (Savings-bank). Aid to Public Works and Land Settlement Act, 1912 Aid to Water-power Works Act, 1910 British War-loan Stock Discharged Soldiers Settlement Loans Act, 1919 (sec. 4) 1919 „ 1920 .. Education Purposes Loans Act, 1919 1919 Finance Act, 1918 (No. 2). sec. 29 (Public Works) 1918 „ sec. 32 (State Forests) 1918 1918 „ Part. 4 1920, sec. 15 (Public Works) 1920, „ Fishing Industry Promotion Act, 1919 Hauraki Plains Amendment Act, 1913, and Appropriation Act, 1918 (sec. 43) .. 1913, „ 191S Housing Act, 1919 (sec. 30) 1919 1919 (sec. 46) .. .. New Zealand Inscribed Stock Act, 1917 (War Expenses) 1917 1917, and Finance Act, 1919 (sec. 5) (Public Works) ,, 1917. and Electric-power Works Loan Act, 1919 Particulars. ° © Q |J3 u 41 5 4 41 41 5 41 41 41 41 44 5 41 41 41 41 4.1 u 41 41 5 Due Date of . „,.,,„, Securities. Amount. £ 15 April, 1925 11.200 1 May, 1925 20,000 *400,000 1 Mar.. 1925 950.000 1 „ 1925 100,000 1 „ 1926 | 250,000 1 Jan., 1926 8(1,000 1 „ 1920 80,000 1 Feb., 1925 j 200,000 1 „ 1925 10,000 1 Aug., 1925 40,000 20 April, 1939 i 500 1 Dec, 1925 ! 570,000 1 „ 1925 349.240 1 ,. 1925 520 1 Feb., 1925 20,000 1 Aug., 1925 14,000 1 July, 1925 90,000 1 „ 1920 90,000 1 Jan., 1926 j 3,150 15 Nov., 1938 I 48.740 20 April, 1939 ! 252,300 15 July, 1930 350,000 5 15 July, 1930 1,022,260 Land for Settlements Act, 1908 Land Laws Amendment Act, 1913, and Appropriation Act, 1918 (sec. 42) Land Laws Amendment Act, 1913 1913 Mining Amendment Act, 1913. and Amendment Act, 1919 Xalive Land Amendment Act, 1913 .. .. .. .. 1913 Public Revenues Act, 1910 (sec. 39) Railways Improvement Authorization Act, 1914 Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1920 (sec. 16) Swamp Drainage Act, 1915, and Appropriation Act, 1918 (sec. 46) 1915, „ 1918 1915. . „ 1918 Waihou and Ohinemuri Rivers Improvement Act, 1910 We r-loan Certificate ( U4849 (issued 20/9/19, P. and T. 31/238) War Purposes Loan Act, 1917 4.1 41 41 41 41 41 41 41 5 5 41 41 5 41 . 41 41 1 Aug., 1925 2,500 1 April, 1925 10,000 1 Feb., 1925 3,700 1 Aug., 1925 17,500 1 Mav, 1925 i 10,000 1 Oct.. 1925 20,000 1 April, 1925 50.000 31 Mar., 192] 11.950,000 1 Feh., 1926 30,000 1 Dec, 1925 10,000 1 Mav, 1925 20,000 1 „ 1926 30.000 1 ., 1920 5,000 1 Aug., 1925 20,000 20 Sept., 1924 | J80 15 Nov., 1938 200 New Investments (War-loan Certificates). Finance Act, 1918 (No. 2), (Part IV) 1918 „ 1918 „ 1918 „ 19l8 „ 1918 „ 1918 „ 1918 ., 1918 .. 1918 „ 1918 , 1918 „ 1918 „ 7,110,890 41 Ah 4 41 41 41 41 41 4j 41 41 41 | 4| ; 41 4.1 4 4 41 4| 4.1 41 4 H H 41 8 April, 1925 7,000 20 May, 1925 5,300 23 June, 1925 3,300 16 July, 1925 3,400 21 Aug., 1925 3.000 5 Oct., 1925 | 3,800 14 Sep*. 1925 . 1.200 20 April, 1925 12,640 15 May, 1925 t 66,700 I Sept., 1925 33.350 20 Oct., 1925 18,350 15 Nov., 1925 66,700 1 Mar., 1920 33, (KK) New Investments (Post Office Investment Certificates). Discharged Soldiers Settlement Loans Act, 1920 1920 .. 1920 1920 1920 .. 1920 1920 .. 257,740 51 51 51 51 51 51 51 51 51 51 51 51 51 51 12 Nov., 1925 6,000 18 „ 1925 8,500 25 „ 1925 32,000 26 „ 1925 21,000 9 Dec, 1925 32,000 17 „ 1925 37,000 4 Mar., 1926 18,000 151.500 Total new investments .. 7,523.130 * .Nominal value, £421,052 12s. 8d. tThis Investment was redeemed during 1020-21. INoi linal value of oertlfli lie, £100.

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Statement showing Particulars of New Investments, etc.— continued.

General Post Office, K. B. Morris, Wellington, 20th June, 1921. Secretary.

Particulars. r-i i—i q, Due Date of Securities. Amount. I Renewed Investments (Savings-bank). Aid to Public Works and Land Settlement Act, 1901 1903 1903 1906 1912 „ „ 1914 1914 Aid to Water-power Works Act, 1910 1910 Consolidated Loan Act, 1867 Consolidated Stock Act, 1884 Defence and other Purposes Loan Act, 1870 Discharged Soldiers Settlement Act, 1915, and Amendment Act, 1916 (sec. 7) .. 1915 .. Finance Act, 1909 1915 (see. 105) Fruit-preserving Industry Act, 1913, and Finance Act, 1917 (sec. 80) .. Government Advances to Settlers Act, 1894, and Extension Act, 1901 1908 1908 1908, Part III (Workers) Government Railways Act, 1908, and Finance Act, 1909 1908 1908 Hutt Railway and Road Improvement Acts, 1903, 1905, 1907, and 1910 Immigration and Public Works Loan Act, 1870 Irrigation and Water-supply Act, 1913 Kauri-gum Industry Amendment Act, 1914 Land for Settlements Act, 1908 .. 1908 1908 Land Laws Amendment Act, 1913 1913 1913 1913 Lands Improvement and Native Lands Acquisition Act, 1894 Local Bodies' Loans Act, 1908 1908 .. Maori Land Settlement Act, Amendment Act, 1907 Mining Amendment Act, 1913 Native Land Amendment Act, 1913 1913 Post and Telegraph Act, 1908 Public Revenues Amendment Act, 1915 (sec. 5), (War Expenses) Railwavs Improvement Authorization Act, 1914 1914 .. Rangitaiki Land Drainage Amendment Act, 1913, and Amendment Act, 1914 .. Rangitaiki Land Drainage Amendment, Act, 1913, and Amendment Act, 1914 .. Scenery Preservation Act, 1908 Wellington and Manawatu Railway Purchase Act, 1908 Waikaka Branch Railway Act, 1905 41 41 41 41 41 41 41 41 41 41 41 41 41 41 41 4J 41 41 41 41 41 4l 41 4J 41 41 41 41 41 41 41 4J 41 4 41 41 41 41 41 41 41 41 H 4 4 41 41 41 41 41 41 1 Jan.. 1926 1 „ 1926 1 Feb., 1926 1 Jan., 1926 15 April, 1925 1 May, 1925 1 Nov., 1925 1 May, 1925 1 Nov., 1925 15 April, 1925 1 Jan., 1926 15 April, 1925 1 Mar., 1926 1 „ 1926 1 Aug., 1925 15 Dec. 1930 1 April, 1925 5 June, 1925 1 „ 1925 1 Mar., 192(1 1 June, I! 125 30 „ 1925 30 „ 1925 1 Aug., 1925 1 May, 1925 15 April, 1925 1 Oct., 1925 1 Nov., 11125 1 Feb., 1926 1 Jan., 1926 1 Aug., 1925 I A]nil, 1925 1 Oct., 1925 31 Mar.. 1926 1 Feb., 1926 30 Sept., 1925 1 Mar., 1926 1 Jan., 1926 1 „ 1926 1 May, 1925 1 April, 1925 1 Oct., 1925 1 July, 1925 1 Feb., 1926 1 Aug., 1925 I Feb., 1926 1 Sept., 1925 1 Mar., 1926 1 Mav, 1925 1 Mar., 1926 1 May, 1925 £ 32,900 101,050 25,100 5,000 175,300 1,100,000 220,000 14,000 30,000 13,000 105,000 75,000 10,000 2(1,000 46,901 500 18,400 80,000 105,000 100,000 25,000 50.0(H) 140,000 2,000 127,000 20,900 24,900 18,000 8,270 137,735 71,200 15,000 45.000 10,000 4,500 341,000 370,000 785,000 50,000 4,500 250,000 160,000 200,000 1,700,000 140.000 210,000 19,000 17,000 5,000 499,700 53,476 : 7,847,332 I New investments Renewed investments .. 7,523,130 7,847.332 15,370,462

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Return of the Investments made by the Commissioners of the Public Debt Sinking Funds during the Financial Year ended 31st March, 1921.

R. J. Collins, Chairman, Wellington, 23rd June, 1921. Commissioners Public Debt Sinking Funds.

Return of Investments made by the Registrar of the New Zealand Inscribed Consols during the Financial Year ended 31st March, 1921.

Office of the Registrar of New Zealand Consols, G. F. C. Cambpell, Wellington, 20th June, 1921. Registrar of New Zealand Consols. Return of Public Trust Office Investments in Terms of Section 91 of the Public Revenues Act, 1910, for the Year ended 31st March, 1921. Flat mortgages — £ £ Southland Hospital and Charitable Aid Board .. .. 15,000 Palmerston North Hospital and Charitable Aid Board .. 16,500 Taranaki Hospital and Charitable Aid Board .. .. 2,500 Vincent Hospital and Charitable Aid Board .. .. . . 4,000 South Canterbury Hospital and Charitable Aid Board . . 4,000 42,000 Instalment mortgages — Waikato Hospital and Charitable Aid Board.. .. .. .. 11,000 £53,000 Public Trust Office, J. W. Macdonald, Wellington, 7th July, 1921. Public Trustee. Approximate Cost of Paper. —Preparation, not given; printing (510 copies), £12 10s.

By Authority : Marcus F. Marks, Government Printer, Wellington.—l92l Trie" U.\

Particulars. o ft £ to u J? Due Date of Securities. Amount. Total. lew Zealand Inscribed Stock Act, 1917, and Finance Act, 1919 (section 5), (Public Works) and Ohinemuri Rivers Improvement Act, 1910, and Finance Act, 1919 (section 6) ,ew Zealand State-guaranteed Advances Acts, 1909 and 1910 (Land for Settlements Branch).. ew Zealand State-guaranteed Advances Acts, 1909 and 1910 (Land for Settlements Branch) 15 July, 1930 £ 7,650 £ 5 H 1 Aug., 1925 2,500 4 1 Jan., 1924 800 11,150 4 1 Feb., 1924 200 enewals —• Land for Settlements Act, 1908 Aid to Public Works and Land Settlements Act, 1903 Land for Settlements Act, 1908 Immigration and Public Works Loan Act, 1870 4i 4* 1 Aug., 1925 1 Jan., 1926 5,300 12,500 1 1 1 Jan., 1926 15 April, 1925 11,500 2,100 31,400

Particulars. Due Date 2 go of jS c S Securities. Amount. Total. Renewed investments — Immigration and Public Works Loan Act, 1870 .. Land for Settlements Act, 1908 Lands Improvement and Native Land Acquisition Act, 1894 Aid to Public Works and Land Settlement Act, 1903 Local Bodies' Loans Act, 1908 4i 1 Feb., 1925 4i 1 „ 1925 U 1 „ 1925 4'. u I. 1 . £ 4,900 1,375 59,000 £ 4,900 1,375 59,000 £ 4| 1 „ 1925 4. 1,340 1,340 41 1 „ 1925 4| 30,000 30,000 96,61 96,615