SINKING FUNDS.

Appendix to the Journals of the House of Representatives, 1922 Session I, B-08

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1922. NEW ZEALAND.

SINKING FUNDS.

REPORT AND ACCOUNTS OF THE COMMISSIONERS OP THE PUBLIC DEBTS SINKING FUNDS FOR THE YEAR ENDED 31st MARCH, 1922.

Presented to both Houses of the General Assembly in compliance with the 51st Section of the New Zealand Loans Act, 1908.

REPORT. Government Buildings, Wellington, The Commissioners of the Public Debts Sinking Funds have the honour to lay before Parliament the account of their transactions for the year ended 31st March, 1922. Nothing in the proceedings of the year has occurred calling for special remark by the Commissioners. . F, W. Lang, Chairman.

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2

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS.

RECEIPTS. RECEIPTS. £ 's. d. £ s. d. amyjjuirxo. Balance, 1st April, 1921: — Cash at bank Westport Harbour Board :— Loan of £150,000, — Contribution to Sinking Fund for one year to 1 March, 1922 .. Interest on Investments—■ On £3,400, Irrigation and Water-supply 4-per-cent. Debentures, one year to 1 Ootober, 1921 „ £5,660, Waverley Town Board 5-per-cent. Debentures, one year to 1 October, 1921 „ £1,600, Immigration and Public Works Loan 4J-pcr-cent. Debentures, one yoar to 15 October, 1921 „ £1,065, Inscribed Stock at 4J per cent., one year to 20 October, 1921 „ £4,310, Land for Settlements 4-per-cent. Debentures, half-year to 1 May, 1921 ., „ £4,310, Land for Settlements 4J-per-cent. Debentures, half-year to 1 November, 1921 . £800, Kauri Gum Industry at 4-per-cent. Debentures, one year to 1 November, 1921 „ £690, Kauri Gum Industry 4J-per-cent. Debentures, period to 1 November, 1921 „ £870, Appropriation Act (1912) Debentures at 4 per oent., one year to 1 November, 1921 „ £13,950, Inscribed Stock at 4£ per cent., one year to 15 November, 1921 .. „ £3,770, General Purposes Loan 4-per-cent. Debentures, one year to 20 November, 1921 .. „ £1,710, Aid to Public Works 4-per-oent. Debentures, one year to 1 December, 1921 „ £1,160 Oxford County Council 5J-por-cent. Debentures, one year to 1 December, 1921 .. .. .. .. „ £2,210, Finance Aot (1915) 4J-per-cent. Debentures, one year to 1 December, 1921 .. „ £10,190, Consolidated Stock Act 4 per cent. Debentures, one year to 31 December, 1921 .. „ £1,000, Hutt Railway and Road Improvement 4-per-cent. Debentures, one year to 1 January, 1922 „ £8,420, Government Railways Amendment Act (1910) 4-per-cent. Debentures, one year to 1 January, 1922 .. .. „ £1,400, Defence and Other Purposes Loan 4-per-cent. Debentures, one year to 1 January, 1922 , £3,715, New Zealand State-guarantoed Advances Aot 4-per-cent. Debentures, one year to 1 January, 1922 „ £7,640, Land for Settlements Act 4-per-cent. Debentures, one year to 1 January, 1922 „ £3,925, Land for Settlements Act 4J-por-oent. Debentures, one yoar to 1 January, 1922 „ £5,375, Aid to Public Works 4J-per-cent. Debentures, one year to 1 January, 1922 „ £7,540, Westport Harbour Board 4 per-cent. Debentures, one year to 1 January, 1922 „ £50, Maori Land Settlement Act 4-per-cent. Debentures, one year to 1 January, 1922 „ £1,000, Housing Act (1919) (Section 30) 4J-per-cent. Debentures, period to 1 January, 1922 „ £2,500, New Zealand Inscribed Stock 5-per-cent., one year to 15 January, 1922 , £1,200, New Zealand Inscribed Stock 5-per-cent., period to 15 January, 1922.. , £1,105, New Zealand Inscribed Stock 5J-per cent., period to 15 January, 1922 .. „ £830, Hutt Railway and Road Improvement 4-per-cent. Debentures, one year to 1 Fobruary, 1922 „ £1,380, State-guaranteed Advanoes and Land Settlement 4-per-cent. Debentures, one year to 1 Fobruary, 1922 .. , £1,550, Government Railways Act (1910) 4-per-cent. Debentures, one year to 1 February, 1922 „ £2,860 Land for Settlements 4J-per-cent. Debentures, one year to 1 February, 1922 „ £1,500, Waihou and Ohinemuri Rivers Improvement 4J-per-cent. Debentures, period to 1 August, 1921 .. .. „ £1,500, Waihou and Ohinemuri Rivers Improvement 4J-per-cent. Debentures, half year to 1 February, 1922 .. .. „ £1,730, Railway Improvement Authorization 4J-por-eent. Debentures, period to 1 August, 1921 „ £1,730, Railway Improvement Authorization 4J-per-cent Debentures, half-year to 1 February, 1922 .. „ £6,025, Land Laws Amendment Act 4-per-cent. Debentures, one year to 1 February, 1922 „ £3,895, New Zealand Consols 4-per-cent. Debentures, one year to 1 February, 1922 „ £2,805, Palmerston North Borough 5-per-cent. Debentures, one year to 20 February, 1922 .. „ £2,500, Finance Act (1916) 4J-per-cont Debentures, ono year to 1 March, 1922 „ £2,000, Local Bodies Loans 4-per-cent. Debentures, one year to 1 March, 1922 „ £1,750, Appropriation Act (1917) 4-per-eent. Debentures, one year to 1 March, 1922 „ £2,580, Patea Borough Council 4J-per-cont. Debentures, one yeai and a half to 1 March, 1922 .. .. • 1,500 0 0 136 0 0 283 0 0 72 0 0 47 18 6 86 4 0 96 19 6 32 0 0 14 4 2 31 16 0 0H7 15 0 150 16 0 08 8 0 00 18 0 99 9 0 407 12 0 40 0 0 336 10 0 56 0 0 148 12 0 305 12 0 176 12 6 8,874 9 4 241 17 6 301 12 0 2 0 0 21 16 5 125 0 0 9 15 8 18 13 9 33 4 0 55 4 0 62 0 0 128 14 0 28 10 7 33 15 0 24 19 1 38 18 6 241 0 0 155 16 0 140 5 0 112 10 0 80 0 0 70 0 0 174 3 0 Bank Interest .. .. 6,881 7 2 1 10 5 6,882 17 7 Carried forward .. - 15,757 6 11

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For the Year ended 31st March, 1922.

DISBURSEMENTS. £ s. d. £ s. d. Westport Harbour Board: — Loan of £150,000,— Investments— 1921—April. Railway Improvement Authorization Act (1914) 4J-por-cent. Debentures May. Kauri Gum Industry Amendment Act (1914) 4|-per-cent. Debentures July. Housing Act (1919) 4|-per-cent. Debentures.. Aug. Now Zealand Inscribed Stock 5J-per-cent. .. Oct. New Zealand Inscribod Stock 5J-per-cent. Nov. New Zealand Inscribed Stock 5-por-cent. 1922 —Jan. New Zealand Inscribed Stock 5J-per-cent. Mar. Hauraki Plains Amendment Act 4J-per-cent,. Debentures 1,730 0 0 690 0 0 1,000 0 0 505 0 0 600 0 0 1,200 0 0 1,200 0 0 1,600 0 0 8,525 0 0 • i i Carried forward .. • • • »• 8,525 0 0

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the COMMISSIONERS of the PUBLIC DEBT SINKING FUNDS.

RECEIPTS. £ s. d. £ s. d. Brought forward 15,757 6 11 'estport Harbour Board :— Loan of £200,000,— Contribution to Sinking Fund for one year to 1 March, 1922 .. Interost on Investments— On £1,400, Irrigation and Water-supply 4-per-cent. Debentures, one year to 1 October, 1921 „ £2,055, Waverley Town Board 5-per-cent. Debentures, one yoar to 1 October, 1921 „ £90, Fruit-preserving Industry (1913) 4-per-oent. Debentures, one year to 1 October, 1921 „ £2,000, Fruit-preserving Industry (1913) 4-per-cent. Debentures, one year to 1 October, 1921 „ £35, 4J-per-cent. Inscribed Stock, Debentures, one year to 20 October, 1921 .. „ £235, Kauri-gum Industry Amendment Aot (1914) 4£-per-cent. Debentures, period to 1 November, 1921 „ £1,080, Appropriation Act 4-per-cent. Debentures, one year to 1 November, 1921 „ £1,200, Kauri-gum Industry 4-per-oent. Debentures, one year to 1 November, 1921 „ £6,360, Insoribed Stock 4J-per-cent. one yoar to 15 November, 1921 . £1,090, Finance Act (1915) 4j}-per-cent. Debentures, one year to 15 December, 1921 .. „ £910, Consolidated Stock Act 4-per-cent. Debentures, one year to 31 December, 1921 .. „ £3,605, Government Railways Amendment Act 4-per-oent. Debentures, one year to 1 January, 1922 „ £255, Land for Settlements Act 4-per-cent. Debentures, one year to 1 January, 1922 „ £1,110, Land for Settlements Act 4J-per-cent. Debentures, one year 1 January, 1922 „ £400, Maori Land Settlement Act 4-per-cent. Debentures, one year to 1 January, 1922 „ £35, New Zealand State-guaranteed Advances Act 4-per-oent. Debentures, one year to 1 January, 1922 „ £25, Aid to Publio Works and Land Settlement 4-per-cent. Debentures, one year to 1 January, 1922 „ £155, Housing Act (1919) (Soctiou 30) 4J-per-cent. Debentures, period to 1 January, 1922 „ £730 Inscribed Stock 5-per-cent., one year to 15 January, 1922 „ £1,200, 5-per-cent. Inscribed Stock, period to 15 January, 1922 , „ £240, 5J-per-cent. Inscribed Stock, period to 15 January, 1922 „ £1,000, Hutt Railway and Road Improvement 4-per-cent. Debentures, one year to 1 February, 1922 „ £120, Government Railways Act (1910) 4-per-cent. Debentures, one year to 1 February, 1922 „ £210, Land for Settlements Aot 4J-per-oent. Debentures, one year 1 August, 1921 „ £500, Hauraki Plains Amondment Aot 4-per-cent. Debentures, one year to 1 February, 1922 „ £2,165, New Zealand Consols 4-per-oent., one year to 1 February, 1922 „ £75, Land Laws Amendment Act 4-per-cent. Debentures, one year to 1 February, 1922 .. „ £40, New Zealand State-guarantoed Advances Act 4-per-cent. Debentures, one year to 1 February, 1922 „ £200, New Zealand State-guaranteed Advances Act 4-per-cent. Debentures, period to 1 August, 1921 „ £200, New Zealand State-guaranteed Advances Act 4-per-oent. Debentures, half-year to 1 February, 1922 .. „ £2,165, Railways Improvement Authorization Act (1914) Debentures, period to 1 August, 1921 „ £2,165, Railways Improvement Authorization Act (1914) Debentures, half-year to 1 February, 1922 „ £195, Palmerston North Borough 5-per-cent. Debentures, one year to 20 February, 1922 .. „ £1,200, Finance Act (1916) 4J-per-oent. Debentures, one year to 31 March, 1922 „ £200, Appropriation Act 4-per-oent. Debentures, one year to 1 March, 1922 2,000 0 0 56 0 102 5 0 3 12 0 80 0 0 1 11 6 4 16 9 43 4 0 .48 0 0 286 4 0 49 1 0 36 8 0 144 4 0 10 4 0 49 19 0 16 0 0 18 0 12 6 3 7 8 36 10 0 9 15 8 4 12 40 0 0 4 16 0 9 9 0 20 0 0 86 12 0 3 0 0 1 12 0 3 7 8 4 0 0 31 4 7 48 14 3 9 15 0 54 0 0 8 0 0 Interest, Bank Balanoe 3,312 14 9 0 10 i 3,313 5 1 Loan of £500,000,— Contribution to Sinking Fund for one year to 31 March, 1921, per Treasury Interest on Investments— On £2,910, Irrigation and Water-supply Aot 4-per-cent. Debentures, one year to 1 October, 1921 „ £5,270, Waverley Town Board 5-per-cent. Debentures, one year to 1 October, 1921 5,000 0 0 116 8 0 263 10 0 Carried forward 5,379 18 0 19,070 12 0

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For the Year ended 31st March, 1922.

DISBURSEMENTS. £ s. d. £ s. d. Brought forward 8,525 0 0 Westport Harbour Board :— Loan of £200,000,— Investments— 1921—April. Railways Improvement Authorization 4J-per-cent. Debentures .. May. Kauri-gum Industry 4J-per-cent. Debentures July. Housing Act (1919, Section 30) 4J-per-cent. Debentures Aug. New Zealand Inscribed Stock 5J-per-cent. .. Oct. New Zealand Inscribed Stock 5j-per-cent. .. Nov. New Zealand Inscribed Stock 5-per-cent. 1922—Jan. New Zealand Inscribed Stock 5J-per-cent. .. Mar. Hauraki Plains 4J-per-cent. Debentures 2,16o 0 0 235 0 0 155 0 0 140 0 0 100 0 0 1,200 0 0 200 0 0 1,200 0 0 5,395 0 0 i ( / Carried forward .. 13,920 0 0

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS.

RECEIPTS. £ s. d. £ s. d. Brought forward 5,379 18 0 19,070 12 0 Westport Harbour Board— continued. Loan of £500,000 — continued. Interest on Investments— continued. On £1,250, New Zealand Inscribed Stock 4J.-per cent., one year, 20 Ootober, 1921 „ £120, Fruit-preserving Industiy Act 4-per-cent. Debentures, one year to 1 October, 1921 „ £4,000, Fruit-preserving Industry Act 4-per-oent. Debentures, one year to 1 Ootober, 1921 , £2,860, Appropriation Act (1912) 4-per-cont. Debentures, one year to 1 November, 1921 .. .. .'. „ £3,000, Kauri-gum Industry Amendment Aot 4-per-cent. Debentures, one year to 1 November, 1921 „ £675, Kauri-gum Industry Amendment Act 4J-per-cent. Debentures, period to 1 November, 1921 „ £1,900, Land for Settlements Act 4-per-cent. Debentures, half-yoar to 1 May, 1921 „ £1,900, Land for Settlements Act 4$-per-cent. Debentures, half-year to 1 November, 1921 .. „ £16,420, New Zealand Inscribed Stook 4J-per-cent , one year to 15 November, 1921 .. „ £2,800, General Purposes Loan Act 4-per-cont. Debentures, one year to 28 November, 1921 .. „ £360, Aid to Public Works and Land Settlement Aot (1902) 4-per-cont. Debentures, one year to 1 December, 1921 „ £2,700, Finance Act (1915) 4J-per-oent. Debentures, one year to 15 Deoember, 1921 .. .. „ £2,500, Hutt Railway and Road Improvement Act 4-per-cent. Debentures, one year to 1 January, 1922 „ £9,225, Government Railways Amendment Act 4-per-oent. Debentures, one year to 1 January, 1921 „ £210, Land for Settlements Aot 4-per-cent. Debentures, one year to 1 January, 1922 „ £2,640, Land for Settlements Act 4J-por-cent. Debentures, one year to 1 January, 1922 „ £800, New Zealand State Guaranteed Advances Act Debentures, period to 1 July, 1921.. „ £,800, New Zealand State Guaranteed Advances Act Debentures, half-year to 1 January, 1922 „ £3,750, Aid to Public Works Act 4J-per-oent. Debentures, one year to 1 January, 1922 „ £750, Maori Land Settlement Aot 4-per-cent. Debentures, one year to 1 January, 1922 „ £545, Housing Act (1919) (Section 30) 4J-per-cent. Debentures, period to 1 January, 1922 „ £2,400, Inscribed Stock 5 per cent., period to 15 January, 1922 „ £2,430, New Zealand Inscribed Stook 5-per-cent., one year to 15 January, 1922 .. „ £735, Inscribed Stock 5J per cent., period to 15 January, 1922 „ £2,550, Hutt Railway and Road Improvement Aot 4-per-cent. Debentures, one year to 1 February, 1922 „ £300, Government Railways Act (1910) 4-per-oent. Debentures, one year to 1 February, 1922 „ £300, Land for Settlements Act 4J-per-cent. Debentures, one year to ] February, 1922 „ £1,600, Hauraki Plains Amendment Act .4-per-oent. Debentures, one year to 1 February, 1922 „ £5,200, New Zealand 4-per-cent. Consols, one year to 1 February, 1922 „ £5,200, Railways Improvement Authorization 4i-per-cent. Debentures, period to 1 August, 1921 .. „ £5,200, Railways Improvement Authorization 4J-per-cent. Debentures, half-year to 1 February, 1922 „ £3,180, Palmerston North Borough 5-por-oent. Debentures, one year to 20 February, 1922 .. „ £3,500, Finance Act (1916) 4J-per-cent. Debentures, one year to 1 March, 1922 .. „ £600, Appropriation Act (1917) 4-per-cent. Debentures, one year to 1 March, 1922 Interest, Bank Balance 56 5 0 4 16 0 160 0 0 114 8 0 120 0 0 13 17 11 38 0 0 42 15 0 738 18 0 112 0 0 14 8 0 121 10 0 100 0 0 369 0 0 8 8 0 118 16 0 10 15 8 16 0 0 168 15 0 30 0 0 11 17 10 19 11 4 121 10 0 12 8 7 102 0 0 12 0 0 13 10 0 64 0 0 208 0 0 75 0 2 117 0 0 159 0 0 157 10 0 24 0 0 2 9 5 8,838 7 11 Greymouth Harbour Board :— Loan of £100,000,— Contribution to Sinking Fund, 4J years to 1 Maroh, 1922 Interest on Investments— On £2,390, Irrigation and Water-supply 4-per-cent. Debentures, one year to 1 Ootober, 1921 „ £290, Fruit-preserving Industry Aot 4-per-cent Debentures, one year to 1 October, 1921 4,500 0 0 95 12 0 11 12 0 Carried forward .. .. .. .. .. 4,607 4 0 27,908 19 11

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For the Year ended 31st March, 1922.

DISBURSEMENTS. £ s. d. £ s. d. Brought forward 13,920 0 0 Westport Harbour Board,— Loan of £500,000,— Investments, — 1921—April. Railway Improvement Authorization Debentures May. Kauri-gum Industry 4J-per-cent. Debentures July. Housing Act (1919) 4J-per-cent. Debentures Aug. New Zealand 5J-per-cent. Inscribed Stook .. Oct. New Zealand 5j-per-cent. Inscribed Stook Nov. New Zealand 5-per-oent. Inscribed Stock 1922—Jan. New Zealand 5£-per-cent. Inscribed Stock Mar. Hauraki Plains 4J-per-cent. Debentures 5,200 0 0 675 0 0 545 0 0 335 0 0 400 0 0 2,400 0 0 1,200 0 0 3,000 0 0 13,755 0 0 • - I ■ . ' ■ i : I :;:i". loan Grbymouth Harbour Board:— Loan of £100,000 — Investments, — 1921 -April. Railways Improvement Authorization 4J-per-cent. Debentures May. Kauri-gum Industry 4J-per-cent. Debentures July. Housing Act (1919) 4J-per-cent. Debentures Aug. New Zealand 5J-per-cent. Inscribed Stock .. Oct. New Zealand 5J-percent. Inscribed Stock .. Nov. New Zealand 5-per-cent. Inscribed Stock 1922—Jan. New Zealand Inscribed Stock .. Mar. Hauraki Plains Debentures 105 0 0 3,900 0 0 700 0 0 370 0 0 900 0 0 200 0 0 900 0 0 700 0 0 • Carried forward .. 7,775 0 0 35,450 0 0

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the COMMISSIONERS of the PUBLIC DEBT SINKING FUNDS.

RECEIPTS. £ s. d. £ s. d. Brought forward .. 4,607 4 0 27,908 19 11 iReymouth Harbour Board— continued. Loan of £100,000 — continued. Interest on Investments— continued. On £5,215, Waverley Town Board 5-per-cent. Debentures, one year to 1 October, 1921 .. . £500, Immigration and Public Works Loan 4J-per-cent. Debentures, one year to 15 October, 1921 „ £450, Inscribed Stock 4J-per-cent., one \ear to 20 October, 1921 , £190, Appropriation Act 4-per-cent. Debentures, one year to 1 November, 1921 „ £3,900, Kauri-gum Industry 4J.per-eent. Debentures, period to 1 November, 1921 „ £3,290, Land for Settlements Act 4-per-cent, Debentures, half-year to 1 May, 1921 „ £3,290, Lands for Settlement Aot 4J-per-cent. Debentures, half-year to 1 November, 1921 .. . £7,920, New Zealand 4J-per-eent. Inscribed Stock, one year to 15 November, 1921 .. „ £3,130, General Purposos Loan Act 4-per-cent. Debentures, one yoar to 28 November, 1921 . £930, Aid to Public Works and Land Settlement Act 4-per-cent. Debentures, ono year to 1 Deoember, 1921 .. „ £1,040, Oxford County 5J-per-oent. Debentures, one year to 1 December, 1921 „ £6,400, Consolidated Stock Act 4-per-oent. Debentures, one year to 31 December, 1921 .. „ £500, Hutt Railway and Road Improvement Act 4-per-cent. Debentures, one year to 1 January, 1922 » £5,285, Government Railways Aot, 1910, 4-per-cent. Debentures, one year to 1 January, 1922 » £2,065, Government Railways Act, 1910, 4-per-oent. Debentures, one year to 1 January, 1922 » £500, Defence and other purposes 4-per-cent. Debentures, one year to 1 January, 1922 , £1,450, State-guaranteed Advanoes Act 4-per-cent. Debentures, one year to 1 January, 1922 , £4,295, Land for Settlement Act 4-per cent. Debentures, ono year to Uanuary, 1922 „ £3,825, Land for Settlements Aot 4J-por-cent. Debentures, one year to 1 January, 1922 . £3,350, Aid to Public Works and Land Settlement 4J-per-oent. Debentures, one year to 1 January, 1922 . £700, Housing Act (1919) (Seotion 30) 4cJ-per-cent. Debentures, period to 1 January, 1922 „ £2,960, Westport Harbour Board 4-per-cent. Dobontures, one year to 1 January, 1922 „ £1,990, NeW Zealand 5-per-oent. Inscribed Stock, one year to 15 January, 1922 .. , .. .. „ £200, 5-per-oent. Inscribed Stook, period to 15 January, 1922 „ £1,270, 5J-per-oent. Inscribed Stock, period to 15 January, 1922 „ £1,580, New Zealand State-guaranteed Advances 4-per-cent. Debentures, one year to 1 February, 1922 „ £820, Hutt Railway and Road Improvement 4-per-cent. Debentures, one year to 20 February, 1922 „ £1,030, Government Railways Amendment Act (1910) 4-per-cent. Debentures, one year to 1 February, 1922 .. „ £1,930, Land for Settlements Act 4J-per-cent. Debentures, one year to 1 February, 1922 „ £1,000, Waihou anld Ohinemuri Rivers Improvement 4J-per-cent. Debentures, period to 1 August, 1921 „ £1,000, Waihou and Ohinemuri Rivers Improvement 4J-per-cent. Debentures, half-year to 1 February, 1922 .. „ £3,700, Land Laws Amendment Aot 4-per-cent. Debentures, one year to 1 February, 1922 „ £1,900, Hauraki Plains Amendment Act 4-per-cent. Debentures, one year to 1 February, 1922 , £2,240, New Zealand Consols 4 per cent. Debentures, one year to 1 February, 1922 . £105, Railways Improvement Authorization 4£-per-cent. Debentures, period to 1 August, 1921 „ £105, Railways Improvement Authorization Debentures, half-year t© 1 February, 1922 . £1,630, Palmerston North Borough 5-per-cent. Debentures, one yoar to 20 February, 1922 .. „ £800, Finance Act (1916) Debentures, one yoar to 1 March, 1922 „ £1,000, Looal Bodies' Loans 4-per-cent. Debentures, one year to 1 March, 1922 „ £700, Appropriation Act (1917) 4-per-cent. Debentures, one year to 1 Maroh, 1922 .. .. .. .. „ £2,420, Patea Borough 4J-per-cent. Debentures, one year and a half to 1 Maroh, 1922 Interest, Bank Balance 200 15 0 22 10 0 20 5 0 7 12 0 80 5 11 65 16 0 74 0 6 356 8 0 125 4 0 37 4 0 54 12 0 256 0 0 20 0 0 211 8 0 82 12 0 20 0 0 58 0 0 171 16 0 172 2 0 150 1*5 0 15 5 6 118 8 0 99 10 0 1 12 7 21 9 7 63 4 0 32 16 0 41 4 0 86 17 0 19 0 5 22 10 0 148 0 0 70 0 0 89 12 0 1 10 3 2 7 3 81 10 0 36 0 0 40 0 0 28 0 0 163 7 0 1 0 10 8,043 14 4 Total .. £35,952 14 3

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For the Year ended 31st March, 1922.

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DISBURSEMENTS. £ s. d. £ s. d. Brought forward .. 35,450 0 0 • Balanoe, 31st March, 1922 :— Cash in Bank 35,450 0 0 502 14 3 Total .. £35,952 14 3

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STATEMENT of the Funds held by the Commissioners of the Public Debts Sinking Funds on the 31st March, 1922.

. Securities. When Securities are redeemable. m CO Id ~ S3 CD LOANS V £150.000. Loans is respect oe which the Funds are held. Westport Harbour Board. S IN R Westpc RESPECT OF W iort Harbour B £200,000. THICH Board. i the Fund 1. £500,000. Greymouth TOTALS. Board, £100,000. New Zealand Government Debentures — Appropriation Act, 1912 (Irrigation and Water-supply Account) Finance Act, 1915 1916 (section 35) War Purposes Loan Act, 1917, and New Zealand Inscribed Stock Act, 1917 New Zealand Inscribed Stock Act, 1917 Government Railways Amendment Act, 1910 Hauraki Plains Amendment Act, 1913. . Hauraki Plains Amendment Act, 1913, and Finance Act, 1920 (section 16) Housing Act, 1919 (section 30) Hutt Railway and Road Improvement Act, 1907 1910 Irrigation and Water-supply Act, 1913 Kauri-gum Industry Amendment Act, 1914 .. .. .. .. Kauri Gum Industry Amendment Act, 1914, and Appropriation Act, 1918 (section 45) Land Laws Amendment Act, 1913 Land for Settlements Act, 1908 Local Bodies' Loans Act, 1908 New Zealand Consols Act, 1908 New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Act, 1902 1903 .. Consolidated Stock Act, 1884 Defence and Other Purposes Loan Act, 1870 General Purposes Loan Act, 1873 .. Immigration and Public Works Loan Act, 1870 .. New Zealand State-guaranteed Advances Acts, 1909, 1910 — Land for Settlements Branch ,, . . . . . . . . % £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 1 Nov., 1924 4 870 0 0 1,080 0 0 2,860 0 0 190 0 0 5,000 0 0 .. 15 Dec., 1930 4J 2,210 0 0 1,090 0 0 2,700 0 0 .. 0,000 0 0 1 Sept., 1930 4§ 2,500 0 0 1,200 0 0 3,500 0 0 800 0 0 8,000 0 0 .. 15 Nov., 1938 4| 3,950 0 0 6,360 0 0 16,420 0 0 7,920 0 0 44,650 0 0 .. 20 April, 1939 4J 1,065 0 0 35 0 0 1,250* 0 0 450 0 0 I 2,800 0 0 1 Jan.' 1923 4 2,195 0 0 1,080 0 0 2,860 0 0 2,065 0 0 I 8,200 0 0 1 „ 1925 4 4,000 0 0 .. .. .. i 4,000 0 0 1 Feb., 1929 4J 1,550 0 0 120 0 0 300 0 0 1,030 0 0 3,000 0 0 1 Jan.. 1924 4 2,225 0 0 2,525 0 0 6,365 0 0 5,285 0 0 16,400 0 0 .; 1 Feb., 1924 4 .. 500 0 0 1,600 0 0 1,900 0 0 ; 4,000 0 0 1 Aug.. 192S U 1,600 0 0 1,200 0 0 3,000 0 0 700 0 0 6,503 0 0 1 July, 1926 4£ 1,000 0 0 ■ 155 0 0 545 0 0 700 0 0 2,400 0 0 1 Jan., 1929 4|- 1,000 0 0 .. 2,500 0 0 500 0 0 4,000 0 0 1 Feb., 1929 , 4J 830 0 0 1,000 0 0 2,550 0 0 820 0 0 5,200 0 0 1 Oct., 1923 4 2,000 0 0 1,000 0 0 210 0 0 1,790 0 0 5,000 0 0 1 „ 1924 ! 4 1,400 .0 0 400 0 0 2,700 0 0 600 0 0 5,100 0 0 1 Nov., 1924 I 4 800 0 0 1,200 0 0 3,000 0 0 .. 5,000 0 0 1 Nov.. 1926 4J 690 0 0 235 0 0 675 0 0 3,900 0 0 5,500 0 0 1 Feb., 1925 4 6,025 0 0 75 0 0 .. 3,700 0 0 9,800 0 0 1 Jan., 1923 4 6,920 0 0 75 0 0 .. 3,905 0 0 10,900 0 0 1 Aug., 1925 4J 2,860 0 0 210 0 0 300 0 0 1,930 0 0 5,300 0 0 1 Jan., 1926 4J 3,925 0 0 1,110 0 0 2,640 0 0 3,825 0 0 11,500 0 0 1 May, 1926 4J 4,310 0 0 .. 1,900 0 0 3,290 0 0 9,500 0 0 1 Jan., 1924 4 720 0 0 180 0 0 210 0 0 390 0 0 1,500 0 0 1 Sept., 1924 4 2,000 0 0 .. .. 1,000 0 0 : 3,000 0 0 1 Feb., 1925 4" 3,895 0 0 2,165 0 0 5,200 0 0 2,240 0 0 13,500 0 0 1 Dec, 1922 4 1,710 0 0 .. 360 0 0 930 0 0 3,000 0 0 1 Jan., 1926 4| 5,375 0 0 25 0 0 3,750 0 0 3,350 0 0 12,500 0 0 .. 31 Dec, 1924 4 10,190 0 0 910 0 0 .. 6,400 0 0 17.500 0 0 1 July, 1922 4 1,400 0 0 .. .. 500 0 0 I 1,900 0 0 .. 28 Nov., 1924 4 3,770 0 0 .. 2,800 0 0 3,130 0 0 9,700 0 0 .. 15 April, 1925 4J 1,600 0 0 .. .. 500 0 0 j 2,100 0 0 1 Jan., 1924 4 3,715 0 0 35 0 0 800 0 0 1,450 0 0 ! 6,000 0 0 1 Feb., 1924 4 1,380 0 0 240 0 0 .. 1,580 0 0 3,200 0 0

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STATEMENT of the Funds held by the Commissioners of the Public Debts Sinking Funds on the 31st March, 1922— continued.

Securities. Securities. 02 s _ When £ Securities si are <g redeemable. A LOANS IN RESPECT OF WHICH ' Westport Harbour Board. £150,000. £200,000. LOANS IN RESPECT OF WHICH THE FUNDS ARE HELD. the Funds £500,000. I ARE HELD. Greymouth Harbour Board, £100,000. Totals. New Zealand Government Debentures —continued. Maori Land Settlement Act, 1905 Railways Improvement Authorization Act, 1914 Appropriation Act, 1917 (section 22) —Cold-storage Advance Account Fruit-preserving Industrv Act, 1913, and the Finance Act, 1917 (section 80) 1917 New Zealand Inscribed Stock New Zealand Inscribed Stock Waihou and Ohinemuri Rivers Improvement Act, 1910, and Finance Act, 1919 (section 6) Local Authorities' Debentures — Oxford County Council Waverley Town Board (1) .. (2) Westport Harbour Board Palmerston North Borough Patea Borough 1 Jan., 1923 4 1 Feb., 1926 4J 1 Mar., 1923 4 1 April, 1924 4 1 „ 1923 4 .. 15 July, 1930 5 .. 15 Jan., 1933 5£ 1 Aug., 1925 ii 1 Dec, 1940 5i 1 April, 1955 5 1 Oct., 1956 5 1 Jan., 1949 4 .. 20 Aug., 1922 5 1 Sept., 1953 4£ £ s. d. £ s. d. 50 0 0 400 0 0 1,730 0 0 2,165 0 0 5 1,750 0 0 200 0 0 90 0 0 2,000 0 0 4 3,700 0 0 1,930 0 0 4 2,305 0 0 440 0 0 1 1,500 0 0 1,160 0 0 3,630 0 0 1,670 0 0 5 2,030 0 0 385 0 0 7,540 0 0 2,805 0 0 195 0 0 3 2,580 0 0 I £ s. d. £ s.- d. 750 0 0 5,200 0 0 105 0 0 600 0 0 700 0 0 120 0 0 290 0 0 4,000 0 0 4,830 0 0 2,190 0 0 1,935 0 0 2,170 0 0 1,000 0 0 £ s. ( 750 0 I 5,200 0 I 600 0 I 120 0 I 1,000 0 I 4,830 0 I 1,935 0 I 5,020 0 250 0 3,180 0 d. 0 0 0 0 0 0 0 0 0 0 £ s. 105 0 700 0 290 0 2,190 0 2,170 0 !,000 0 1,040 0 3,100 0 2,115 0 2,960 0 1,630 0 2,420 0 £ s. d. 1,200 0 0 9,200 0 0 3,250 0 0 500 0 0 6,000 0 0 12,650 0 0 6,850 0 0 2,500 0 0 1,040 0 0 5,020 0 0 3,100 0 0 250 0 0 2,115 0 0 2,960 0 0 3,180 0 0 1,630 0 0 2,420 0 0 2,200 0 0 13,420 0 0 4,780 0 0 10,500 0 0 7.810 0 0 5,000 0 0 13 130,460 0 0 22 0 3 10,460 0 0 33,680 0 0 96 33,680 0 0 12 11 5 96,880 0 0 146 1 5 8,8S0 0 86,490 0 0 322 1 2 347,510 0 0 502 14 3 Cash in Bank of New Zealand .. .. .. .. ... i\j f i\j\s \j \j v/ \j a\j 22 0 3 12 11 5 146 1 oT 322 1 - Totals ..13 . 130,482 0 3 50,482 0 3 33,692 11 5 97 33,692 11 5 97,026 7,026 1 1 5 5 i 86,812 1 2 86,812 1 348,012 14 3 J. H. FOWLEB, and Accountant to the Commissioners. Secretar

8.-8

STATEMENT showing the Debentures of each Loan in Circulation, and the Sinking Fund accrued, on the 31st March, 1922.

STATEMENT of the Expenses incurred during the Year ended 31st March, 1922. £ s. d. Secretary's salary .. .. .. .. .. .. .. 60 17 9 Audit fee .. .. .. .. .. .. ..220 £62 19 9 J. H. Fowler, Secretary and Accountant to the Commissioners. Examined and found correct. H. M. Nalder, Chief Examiner, Audit Office.

Approximate Cost of Paper. —Preparation, not given; printing (475 copies), £20.

Authority : W. A. G. Skinner, Government Printer, Wellington.—-1922.

Price o£. ]

12

I Loans, Debentures in Circulation. Kate of Sinking Fund. When redeemable. Sinking Funds acorn ed. Westport Harbour Board Loan Westport Harbour Board Loan Westport Harbour Board Loan Greymouth Harbour Board Loan £ 150,000 200,000 500,000 100,000 Per Cent. 1 1 1 1 1 Maroh, 1925 1945 1 January, 1949 1 March, 1925 £ s. d. 130,482 0 3 33,692 11 5 97,026 1 5 86,812 1 2 £950,000 £348,012 14 3