SINKING FUNDS.

Appendix to the Journals of the House of Representatives, 1924 Session I, B-08

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1924. NEW ZEALAND.

SINKING FUNDS.

REPORT AND ACCOUNTS OF THE COMMISSIONERS OF THE PUBLIC DEBTS SINKING FUNDS FOR THE YEAR ENDED 31st MARCH, 1924

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

BEPOET. Wellington, 24th July, 1924. 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, 1924. Nothing in the proceedings of the year has occurred which calls for special remark by the Commissioners. The Weetport Harbour Loan, £150,000, and Greymouth Harbour Board Loan, £100,000, mature on Ist March, 1925, and it is estimated that the Commissioners will possess ample funds with which to redeem the debentures. In view of the fact that the redemption of these loans will leave the Sinking Funds of only two Joans (both Westport Harbour Account) under the control of the Commissioners, it is suggested that consideration should be given to the question of now terminating the functions of the Commissioners and of making other arrangements for the future administration of these funds. _.. _ „ C. E. Statham, Chairman.

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2

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

RECEIPTS. £ s. d. £ s. d. Balance, 1st April, 1923 :— Cash at bank 164 6 4 r t c-ii-Annn Westport Harbour Board. Loan of £150,000, — Contribution to Sinking Fund for one year to 1 Mar., 1924, per Treasury .. Interest on Investments — On £3,400, Irrigation and Water-supply Act 1913 4-per-cent. Debentures, one year to 1 Oct. ,1923 On £5,660, Waverley Town Board 6-per-cent. Debentures, half-vear to 1 April, 1923 .. .. .. On £1,600, Immigration and Public Works Loan Act 1870 41-por-cent. Debentures, one year to 15 Oct., 1923 On £1,065, New Zealand Inscribed Stock Act, 1917, and Finance Act, 1918 (sec. 10), 41 por cent., period to 1 Sept., 1923 On £870, Appropriation Act 1912 (Irrigation and Water-supply Account) 4-per-cent. Debentures, one year to 1 Nov., 1923 On £800, Kauri-gum Industry Amendment Act 1914 4-per-ccnt. Debentures, one year to 1 Nov., 1923 On £690, Kauri-gum Industry Amendment Act 1914 and Appropriation Act 1918 (see. 45) 44-per-cent. Debentures, period to 1 Nov., 1923 On £4,310, Land for Settlements Act 1908 4tl-per-cent. Debentures, period to I Nov., 1923 On £13,950, New Zealand Inscribed Stock Act, 1917, and War Purposes Loan Act, 1917, 44, per cent., period to 1 Sept., 1923 On £3,770, General Purposes Loan Act 1873 4-per-cent. Debentures, one year to 28 Nov., 1923 On £1,160, Oxford County Council 5f-per-cent, Debentures, period to 1 Dec, 1923 On £2,210, Finance Act 1915 (seo. 105) 41-per-eent. Debentures, period to 1 Sept. 1923 On £10,190, Consolidated Stock Act 1884 4-per-cent. Debentures, one year to 31 Dec, 1923 On £1,000, Hutt Railway and Road Improvement Act 1907 4-J-per-cent. Debentures, period to 1 Jan., 1924 On £4,000, Government Railways Amendment Act 1910 4-per-cent. Debentures, one year to 1 Jan., 1924 On £2,225, Government Railways Amendment Act 1910 4-per-oent. Debentures, one year to 1 Jan., 1924 On £3,925, Land for Settlements Act 1908 44-per-cent. Debentures, period to 1 Jan., 1924 On £3,715, New Zealand State-guaranteed Advances Acts 1909-10 (Land for Settlements Branch) 4-per-eent. Debentures, one year to 1 Jan., 1924 On £5,375, Aid to Public Works and Land Settlement Act 1903 44-per-cent. Debentures, period to 1 Jan., 1924 On £7,540, Westport Harbour Board 4-per-cent. Debentures, period. to 1 Jan., 1924 On £720, Land for Settlements Act 1908 4-per-cent. Debentures, one year to 1 Jan., 1924 On £1,000, Housing Act 1919 (sec. 30) 44-per-cent. Debentures, one year to 1 Jan., 1924 On. £3,700, New Zealand Inscribed Stock Act, 191.7, and Electric-power Works Loan Act, 1919, 5per cent., one year to 15 Jan., 1924 On £2,305, New Zealand Inscribed Stock Act, 1917 (Discharged Soldiers Settlement), 51 per cent., one year to 18 Jan., 1924 On £830, Hutt Railway and Road Improvement Act 1910 4i_-per-cent. Debonturos, one year to 1 Feb., 1924 On £1,380, New Zealand State-guaranteed Advances Acts 1909-10 (Land for Settlements Branch) 4-per-cent. Debentures, one year to 1 Feb., 1924 On £1,550, Government Railways Amendment Act 1910 4- 1 -per-cent. Debentures, period to 1 Feb., 1924 On £2,800, Land for Settlements Act 1908 4J-per-cent. Debentures, period to 1 Feb., 1924 On £1,500, Waihou and Ohinemuri Rivers Improvement Act 1910 and Finance Act 1919 (sec. 0) 41-per-cent. Debentures, period to 1 Feb., 1924 On £1,730, Railways Improvement Authorization Act 1914 4J-per-cent. Debentures, period to 1 Feb., 1924 On £800, Hauraki Plains Amendment Act 1913 and Finance Act 1921-22 (sec. 23) 41-per-cent. Debentures, period to 1 Feb., 1924 On £1,600, Hauraki Plains Amendment Act 1913 and Finance Act 1920 (sec. 16) 41-per-cent. Debentures, period to 1 Feb., 1924 On £3,895, New Zealand Consols Act, 1908, 4 per cent., one year to 1 Feb., 1924 .. .. On £6,025, Land Laws Amendment Act 1913 4-per-cent. Debentures, one year to 1 Feb., 1924 On £3,000, Irrigation and Water-supply Act 1913 4J-per-oent. Debentures, period to 1 Mar., 1924 On £2,500, Finance Act 1916 (sec. 35) 4|-per-cent. Debentures, halfyear to 1 Sept., 1923 On £2,000, Local Bodies' Loans Act 1908 4-per-cent. Debentures, one year to 1 Mar., 1924 .. On £1,750, Finance Act 1918 No. 2 (sec. 30) (Cold-storage Advances Account) 41-per-cent. Debentures, one year to I Mar., 1924 On £2,580, Patea Borough 41-per-cent. Debentures, half-year to 1 Sept., 1923 .. On £1,400, Defence and Other Purposes Loans Act 1870 41-per-oent. Debentures, one year to 1 Mar., 1924.. 1,500 0 0 136 0 0 141 10 0 72 0 0 41 11 2 34 16 0 32 0 0 25 18 1 161 16 0 501 6 9 150 16 0 50 15 0 70 19 7 407 12 0 41 4 2 160 0 0 89 0 0 118 1 5 148 12 0 161 13 9 195 18 0 28 16 0 45 0 0 185 0 0 126 15 0 37 7 0 55 4 0 03 17 6 75 3 10 61 16 3 45 9 8 32 19 4 36 3 11 155 10 0 241 0 0 50 4 5 50 5 0 80 0 0 78 15 0 58 I 0 (S3 0 0 Carried forward 5,824 4 4 164 6 4

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For the Year ended 31st March, 1924.

DISBURSEMENTS. £ s. d. i £ s. d. Westport Harbour Board. Loan of £150,000,— Investments — 1923-April 1. May 15. Aug. 2. Sept. 1. Oct. 1. Dec. 1. 1924—Jan. 1. Feb. I. Mar. 1. Fruit-preserving Industry Act 1913 and Finance Act 1917 (sec. 80) 41-per-cont. Debentures .. Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 4i-per-cent. Debentures .. Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures .. Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures .. Irrigation and Water-supply Act 1913 41-per-cent. Debentures Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 4. 1 -per-cent. Debentures Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures 6,000 0 0 775 0 0 3,200 0 0 50,100 0 0 3,000 0 0 1,500 0 0 13,200 0 0 0,850 0 0 5,200 0 0 89,825 0 0 Carried forward 89,825 0 0 1

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

4

RECEIPTS. £ s. d. £ s. d. Brought forward 5,824 4 4 164 6 4 Westport Harbour Board — continued. Loan of £150,000 — continued. Investments — continued. On £2,195, Government Railways Amendment Act 1910 41-per-cent. Debentures, one year to 1 Mar., 1924 On £1,230, Hangitaiki Land Drainage Amendment Act 1913 and Finance Act 1921-22 (sec. 23) 41-per-cent. Debentures, one year to 1 Mar., 1924 On £50, Maori Land Settlement 1905 41-per-cent. Debentures, one year to 1 Mar., 1924 On £6,920, Land for Settlements Act 1908 4J-per-oent. Debentures, one year to 1 Mar., 1924 On £1,400, Discharged Soldiers Settlement. Loans Act 1919 (sec. 4) 41-per-cent. Debentures, one year to 1 Mar., 1924 On £1,710, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 4i-per-cent. Debentures, one year to 1 Mar., 1924 On £275, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 4J-per-cent. Debentures, one year to 1 Mar., 1924 On £3,020, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) Debentures, one year to 1 Mar., 1924 On £1,600, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, one year to 1 Mar., 1924 On £50,100, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, half-year to 1 Mar., 1924 On £1,790, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, period to 1 Mar., 1924 On £775, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 4J-per-eent. Debentures, period to 1 Mar., 1924 On £3,200, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, period to 1 Mar., 1924 On £1,500, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 4|-per-cent. Debentures, period to 1 Mar., 1924 On £13,200, Discharged. Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, period to 1 Mar., 1924 On £6,850, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 4i-per-cent. Debentures, period to 1 Mar., 1924 On £6,000, Fruit-preserving Industry Act 1913 and Finance Act 1917 (seo. 80) 41,-per-cent. Debentures, period to 1 Mar., 1924 .. On Current Account Debentures matured— 1923—Oct. 1. Irrigation and Water-supply Act, 1913 1924—Jan. 1. Government Railways Amendment Act, 1910 Jan. 1. Land for Settlements Act, 1908 Jan. 1. New Zealand State-guaranteed Advances Acts, 1909-10 (Land for Settlements) Feb. 1. New Zealand State-guaranteed Advances Acts, 1909-10 (Land for Settlements) Exchange of Securities with Treasury— 1923—Sept. 1. New Zealand Inscribed Stock Act, 19.17, and Finance Act, 1918 (sec. 10) .. Sept. 1. New Zealand Insoribed Stock Act, 1917, and War Purposes Loan Act, 1917 .. .. .. .. .. Sept. I. Finance Act, 1915 (sec. 105) Sept. 1. Finance Act, 1916 (sec. 35) . . Debentures sold to Westport Funds Nos. 2 and 3— 1923—April!. Waverley Town Board (No. 1), 5 per cent. April 1. Waverley Town Board (No. 2), 5 per cent. April 1. Westport Harbour Board, 4 per cent. Aug. 2. Hauraki Plains Amendment Act, 1913, and Finance Act, 1920 (sec. 10), 4. 1 per cent. Sept. 1. Land for Settlements Act, 1908 (1/8/25), 4 1 per cent. .. Sept. 1. Land for Settlements Act, 1908 (1/1/20), 41 per cent. .. Sept. 1. Land for Settlements Act, 1908 (1/5/26), 4-£per cent. .. Sept. 1. Aid to Public Works and Land Settlement Act, 1903, 4|- per cent. Sept. 1. Kauri-gum Industry Amendment Act, 1914, and Appropriation Act, 1918 (sec. 45), 4J per cent. Sept. 1. Railways Improvement Authorization Act, 1914, 4i_- per cent. Sept. 1. Patea Borough, 41, per cent. Sept. 1. Westport Harbour Board, 4 per cent. Oct. 1. Oxford County Council, 5| per cent. Dec. 1. Hutt Railway and Road Improvement Act, 1907, 4 1 per cent. 1924—Jan. 1. Government Railways Amendment Act, 1910, 4J per cent. Jan. 1. Hauraki Plains Amendment Act, 1913, and Finance Act, 1921-22 (sec. 23), 44 per cent. Jan. 1. Immigration and Public Works Loan Act, 1870, 4J per cent. Jan. 1. Waihou and Ohinemuri Rivers Improvement Act, 1910, and Finance Act, 1919 (sec. 6), 4J per cent. Jan. 1. Housing Act, 1919 (sec. 30), 41- per cent. Feb. 1. Hutt Railway and Road Improvement Act, 1910, 41 per cent. Feb. 1. New Zealand Inscribed Stock Act, 1917, and Electricpower Works Loan Act, 1919, 5 per cent. Mar. 1. New Zealand Inscribed Stock Act, 1917 (Discharged Soldiers Settlement), 5| per cent. 98 15 0 55 7 0 2 5 0 311 8 0 63 0 0 76 19 0 12 7 0 135 18 0 72 0 0 1,127 5 0 78 16 0 27 15 4 83 14 8 16 17 6 97 18 3 24 11 2 248 3 7 0 10 0 2,000 0 0 2,225 0 0 720 0 0 3,715 0 0 1.380 0 0 1,065 0 0 13,950 0 0 2,210 0 0 2,500 0 0 3,630 0 0 2,030 0 0 340 0 0 1,600 0 0 2,860 0 0 3,925 0 0 4,310 0 0 5,375 0 0 690 0 0 1,730 0 0 2,580 0 0 7,200 0 0 1,160 0 0 1,000 0 0 1,550 0 0 800 0 0 1,600 0 0 1,500 0 0 1,000 0 0 830 0 0 3,700 0 0 2,305 0 0 89,837 15 10 Carried forward 90,002 2 2

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For the Year ended 31st March, 1924.

DISBURSEMENTS. £ s. d. | & s. d. I ♦Brought forward .. .. .. .. .. 89,825 0 0 ) j Carried forward .. .. . . .. .. 89,825 0 0

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

6

RECEIPTS. £ s. d. £ s. d. Brought forward 90,002 2 2 Westport Harbour Board— continued. Loan of £200,000,— Contribution to Sinking Fund for one year to 1 Mar., 1924, per Treasury .. Interest on Investments, — On £2,000, Fruit-preserving Industry Act 1913 and Financo Act 1917 (sec. 80) 4-per-eent. Debentures, half-year to 1 April, 1923 On £1,400, Irrigation and Water-supply Act 1913 4-per-cent. Debentures, one year to 1 Oct., 1923 On £4,095, Waverley Town Board 5-per-ccnt. Debentures, period to 1 Oct. 1923 • .. On £90, Fruit-preserving Industry Act 1913 and Finance Act 1917 (sec. 80) 4-per-cent. Debentures, one year to 1 Oct., 1923.. Ou £35, New Zealand Inscribed Stock Act, 1917,'andFinanoe Act, 1918 (sec. 10), 41 per cent., period to 1 Sept., 1923 On £1,080, Appropriation Act 1912 (Irrigation and Water-supply Account) 4-per-cent. Debentures, one year to 1 Nov., 1923 .. On £1,200, Kauri-gum industry Amendment Act 1914 4-per-cent. Debentures, one year to 1 Nov., 1923 On £1,500, Land for Settlements Act 1908 Debentures, period to 1 Nov., 1923 .. On £1,000, Kauri-gum Industry Amendment Act, 1914, and Appropriation Act, 1918 (sec. 45), 4J per-cent. Debentures, period to 1 Nov., 1923 On £6,360, New Zealand Inscribed Stock Act, 1917, and War Purposes Loan Act, 1917, 4| per cent., period to 1 Sept., 1923 On £1,090, Finance Act 1915 (sec. 105) 41-per-cent. Debentures, period to 1 Sept., 1923 .. On £910, Consolidated Stock Act 1884 4-per-cent. Debentures, one year to 31 Dec, 1923 .. On £1,200, Oxford County Council 54_-per-cent. Debentures, period to 1 Dec, 1923 On £2,525, Government Railways Amendment Act 1910 4-per-cent. Debentures, one year to 1 Jan., 1924 On £180, Land for Settlements Act 1908 4-per-cent. Debentures, one year to 1 Jan., 1924 On £5,000, Land for Settlements Act 1908 4-J-per-cent. Debentures period to 1 Jan., 1924 On £35, New Zealand State-guaranteed Advances Act 1909-10 (Land for Settlements Branch) 4-per-cent. Debentures, ono year to 1 Jan., 1924 .. .. .. .. On £1,250, Westport Harbour Board 4-per-cent. Debentures, period to 1 Jan., 1924 On £300, Hutt Railway and Road Improvement Act 1907 41-per-cent. Debentures, period to 1 Jan., 1924 On £5,750, Aid to Public Works and Land Settlement Act, 1903 4 J-per-cent. Debentures, period to 1 Jan., 1924 On £155, Housing Act 1919 (sec. 30) Debentures, one year to 1 Jan., 1924 On £1,930, New Zealand Inscribed Stock Act, 1917, and Electric-power Works Loan Act, 1919, 5 per cent., one year to 15 Jan., 1924 On £440, New Zealand Inscribed Stock Act, 1917 (Discharged Soldiers Settlement), 5| per cent., one year to 15 Jan., 1924 On £240, New Zealand State-guaranteed Advances Acts 1909-10 (Land for Settlements Branch) 4-per-cent. Debentures, one year to 1 Feb., 1924 On £2,000, Waihou and Ohinemuri Rivers Improvement Act 1910 and Finance Act 1919 (sec. 6) 41-per-cent. Debentures, period to 1 Feb., 1924 2,000 0 0 40 0 0 50 0 0 154 13 3 3 12 0 1 7 3 43 4 0 48 0 0 15 14 7 10 5 8 228 11 5 35 0 2 36 8 0 22 15 0 101 0 0 7 4 0 154 15 2 1 8 0 33 8 6 1 2 9 01 4 8 6 19 6 96 10 0 24 4 0 9 12 0 44 6 4 Carried forward 3,273 6 3 90,002 2 2

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For the Year ended 31st March, 1924.

7

DISBURSEMENTS. £ s. d. £ s. d. Brought forward 89,825 0 0 • Carried forward !• • 89,825 0 0 •■

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

8

RECEIPTS. RECEIPTS. £ s. d. £ s. d. Brought forward 3,273 6 3 90,002 2 2 Westport Harbour Board — continued. Loan of £200,000— continued. Interest on Investments — continued. On £500, Hauraki Plains Amendment Act 1913 4-per-cent. Debentures, one year to 1 Feb., 1924 On £300, Hauraki Plains Amendment Act 1913 and Finance Act 1921--22 (sec. 23) 41-per-cent. Debentures, one year to I Feb., 1924 .". . . .. .. On £1,200, Hutt Railway and Road Improvement Ait 1910 41-per-cent. Debentures, period to 1 Feb., 1924 On £2,105, New Zealand Consols Act, 1908, 4 per cent., one year to 1 Feb., 1924 .. .. .. On £1,150, Government Railways Amendment Act 1910 4J.per.oent. Debentures, period to 1 Feb., 1924 On £1,000, Land for Settlements Act 1908 41-per-cenl. Debentures, period to I Feb., 1924 On £75, Land Laws Amendment Act 1913 4-per-cent. Debentures, one year to 1 Feb., 1924 On £1,200, Finance Act 1910 (sec. 35) 41-per-cent. Debentures, half-year to 1 Sept., 1923 On £2,900, Railways Improvement Authorization Act 1914 41-per-cent. Debentures, period to 1 Feb., 1924 On £220, Patca Borough 41-per-cent. Debentures, half-year to 1 Sept., 1923 .. On £2,000, Hauraki Plains Amendment Act, 1913, and Finance Act, 1920 (see. 16), 41 per cent., period to 1 Feb., 1924 On Current Account .. ... 20 0 0 13 10 0 53 6 1 SO 12 0 9 6 1 24 4 7 3 0 0 27 0 0 HI 3 0 4 19 0 79 16 5 0 8 3 Debentures matured— 1923 —April I. Fruit-preserving Industry Act, 1913 .. Oct. I. Irrigation and Water-supply Act, 1913 1924 —Jan. 1. Government Railways Amendment Act, 1910 .. Jan. I. Land for Settlements Act, 1908 Jan. 1. New Zealand State-guaranteed Advances Acts, 1909-10 (Land for Settlements Branch) Feb. 1. Hauraki Plains Amendment Act, 1913 Feb. I. New Zealand State-guaranteed Advances Acts, 1909 10 (Land for Settlements Branch) 2,000 0 0 I ,000 0 0 2,525 0 0 180 0 0 35 0 0 500 0 0 240 0 0 Exchange of Securities with Treasury— 1923—Sept. 1. New Zealand Inscribed Stock Act, 1917, and Finance Act, 1918 (see. 10) Sept. 1. New Zealand Inscribed Stock Act, 1917, and War Purposes Loan Act, 1917 Sept. 1. Finance Act, 1915 (see. 105) Sept. 1. Finance Act, 1916 (sec. 35) .. 35 0 0 0,360 0 0 1,090 0 0 1,200 0 0 Debentures sold to Westport Fund No. 3 — 1923—Sept. 1. Patea Borough, 4J per cent. Sept. 1. Westport Harbour Board, 4 per cent. 220 0 0 1,250 0 0 20,341 12 2 Carried forward 110,343 14 4

9

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For the Year ended 31st March, 1924.

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DISBURSEMENTS. £ s. d. £ s. d. Brought forward .. 89,825 0 0 Westport Harbour Board— continued. Loan of £200,000 — Purchases from Westport No. 1 and Greymouth Funds— 1923 —April 1. Waverley Town Board Debentures (1), 5 per cent. May 15. Aid to Public Works and Land Settlement Act 1903 Debentures, 4| per cent. Aug. 2. Hauraki Plains Amendment Act 1913 and Finance Act 1920 (sec. 16) Debentures, 4J per cent. Sept. 1. Land for Settlements Act 1908 (1/5/26) Debentures, 4J per cent. Sept. 1. Aid to Public Works and Land Settlement Act 1903 Debentures, 4- 1 - per cent. Sept. 1. Kauri-gum Industry Amendment Act 1914 and Appropriation Act 1918 (sec. 45) Debentures, 4£ per cent. .. Sept. 1. Land for Settlements Act 1908 (1/8/25) Debentures, 4J per cent. Sept. 1. Land for Settlements Act 1908 (1/1/26) Debentures, 4| per cent Sept. 1. Railways Improvement Authorization Act 1914 Debentures, 4£ per cent. Oct. I. Oxford County Council Debentures, 5J per cent. Dec. 1. Hutt Railway and Road Improvement Act 1907 Debentures, 4|- per cent. 1924 —Jan. I. Hutt Railway and Road Improvement Act 1907 Debentures, 4| per cent. Jan. 1. Government Railways Amendment Act 1910 Debentures, 44/ per cent. Jan. 1. Waihou and Ohinemuri Rivers Improvement Act 1910 and Finance Act 1919 (sec. 6) Debentures, 4| per cent. Jan. 1. Housing Act 1919 (sec. 30) Debentures, 4£ per cent. Fob. 1. Now Zealand Inscribed Stock Act, 1917, and Electricpower Works Loan Act, 1919, 5 per cent. Mar. I. New Zealand Inscribed Stock Act, 1917 (Discharged Soldiers Settlement), 5| per cent. 2,000 0 0 350 0 0 450 0 0 1,290 0 0 5,375 0 0 765 0 0 790 0 0 2,335 0 0 735 0 0 920 0 0 300 0 0 500 0 0 1,030 0 0 1,000 0 0 245 0 0 1,330 0 0 805 0 0 20,220 0 0 Carried forward 110,045 0 0

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10

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

RECEIPTS. £ s. d. £ s. d. Brought forward 110,343 14 4 Westport Harbour Board— continued. .oan of £500,000,— Contribution to Sinking Fund for one year to 1 Mar., 1924, per Treasury .. Interest on Investments—■ On £4,000, Fruit-preserving Industry Act 1913 and Finance Act 1917 (sec. 80) 4-per-cent. Debentures, half-year to I April, 1923 On £.14,105, Waverley Town Board 5-per-cent. Debentures, period to 1 Oct., 1923 On £16,420, New Zealand Inscribed Stock Act, 1917, and War Purposes Loan Act, 1917, 4£ per cent., period to 1st Sept., 1923 .. On £1,250, New Zealand Inscribed Stock Act, 1917, and Finance Act, 1918 (sec. 10) 4J per cent., period to 1st Sept., 1923 On £2,700, Finance Act 1915 (sec. 105) 4 1 -per-cont. Debentures, period to 1st Sept., 1923 On £2,200, Patea Borough 4J-per-cent. Debentures, half-year to 1 Sept., 1923 .. .. .. .. .. .. On £3,500, Finance Act 1916 (sec. 35) 4-J-per-cent. Debentures, halfyear to 1 Sept., 1923 On £2,910, Irrigation and Water-supply Act 1913 4-per-cent. Debentures, one year to 1 Oct., 1923 On £120, Fruit-preserving Industry Act 1913 and Finance Act 1917 (sec. 80) 4-per-cent. Debentures, one year to 1 Oct., 1923 On £4,500, Kauri-gum Industry Amendment Act 1914 and Appropriation Act 1918 (sec. 45) 4J-per-ccnt. Debentures, period to 1 Nov., 1923 On £8,000, Land for Settlements Act 1908 4.1-per-cent. Debentures, period to 1 Nov., 1923 On £3,000, Kauri-gum Industry Amendment Act 1914 4-per-cent. Debentures, one year to 1 Nov., 1923 On £2,860, Appropriation Act 1912 (Irrigation and Water-supply Account) 4-per-cent. Debentures, one year to 1 Nov., 1923.. On £2,800, General Purposes Loan Act 1873 4-per-cent Debentures, one year to 28 Nov., 1923 On £1,000, Oxford County Council 5J-per cent. Debentures, period to 1 Dec, 1923 5,000 0 0 80 0 0 572 3 11 590 2 2 48 15 0 80 14 3 49 10 0 78 15 0 116 8 0 4 16 0 58 18 2 197 12 5 120 0 0 114 8 0 112 0 0 42 0 0 Carried forward 7,272 3 5 110,343 14 4

11

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For the Year ended 31st March, 1924.

DISBURSEMENTS. £ a. d. £ s. d. Brought forward 110,045 0 0 Westport Harbour Board— -continued. Loau of £500,000,— Purchases from other Funds — 1923—-April 1. Waverley Town Board (J) Debentures, 5 per cent. April 1. Waverley Town Board (2) Debentures, 5 per cent. April 1. Westport Harbour Board Debentures, 4 per cent. May 15. Aid to Public Works and Land Settlement Act 1903 Debentures, 4{ per cent. .. Aug. 2. Hauraki Plains Amendment Act 1913 and Finance Act 1920 (sec. 16) Debentures, per cent. Sept. 1. Land for Settlements Act 1908 (1/5/26) Debentures, 4J per cent. Sept. 1. Aid to Public Works and Land Settlement Act, 1903, Debentures, 4 1 per cent. Sept. 1. Kauri-gum Industry Amendment Act 1914 and Appropriation Act 1918 (sec 45) Debentures, 4 1 per cent. .. Sept. 1. Land for Settlements Act 1908 (1/8/25)" Debentures, 4J per cent. Sept. 1. Land for Settlements Act 1908 (1/1/26) Debentures, 4£ per cent. Sept. 1. Railways Improvement Authorization Act 1914 Debentures, 4| per cent. •Sept. 1. Patea Borough Debentures, 4£- per cent. Sept. 1. Westport Harbour Board Debentures, 4 per cent. Oct. 1. Oxford County Debentures, 5] per cent. Dec. 1. Hutt Railway and Road Improvement Act 1907 Debentures, 4- 1 : per cent. .. 1924 —-Jan. 1. Government Railways Amendment Act 1910 Debentures, 4.J per cent. Jan. 1. Hauraki Plains Amendment Act 1913 and Finance Act 1921-22 (sec. 23) Debentures, 4 1 per cent. Jan. 1. Immigration and Public Works Loan Act 1870 Debentures, 4\ per cent. Jan. 1. Waihou and Ohinemuri Rivers Improvement Act 1910 and Finance Act 1919 (sec. 6) Debentures, 4J per cent. Jan. I. Housing Act 1919 (sec. 30) Debentures, 4£ per cent. Feb. I. Hutt Railway and Road Improvement Act 1910 Debentures, 4$ per cent. Feb. 1. New Zealand Inscribed Stock Act, 1917, and Electricpower Works Loan Act, 1919, 5 per cent. Mar. 1. New Zealand Inscribed Stock Act, 1917 (Discharged Soldiers Settlement), 5-J per cent. 1,030 0 0 2,030 0 0 340 0 0 1,000 0 0 1,150 0 0 3,020 0 0 2,000 0 0 3,825 0 0 4,000 0 0 1,590 0 0 1,100 0 0 2,800 0 0 8,450 0 0 240 0 0 700 0 0 1,550 0 0 1,700 0 0 2,100 0 0 500 0 0 1,455 0 0 830 0 0 2,370 0 0 1,500 0 0 Investments — 1924—Mar. 1. Discharged Soldiers Settlement Loans Act, 1919 (sec. 4) Debentures, 4£ per cent. 800 0 0 46,680 0 0 Carried forward 150,725 0 0

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12

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

RECEIPTS. £ s. d. £ s. d. Brought forward 7,272 3 5 110,343 14 4 Westport Harbour Board— continued. .oan of £500,000 — continued. Interest on Investments— continued. On £6,305, Government Railways Amendment Act 1910 4-per-cent. Debentures, one year to 1 Jan., 1924 On £545 Housing Act 19.19 (sec. 30) 4|-per-ccnt. Debentures, one year to 1 Jan., 1924 On £1,935, Now Zealand Inscribed Stock Act, 1917 (Discharged Soldiers Settlement), 5|- per cent., one year to 15 Jan., 1924 On £4,830, New Zealand Inscribed Stock Act, 1917, and Electric-power Works Loan Act, 1919, 5 per cent., one year to 15 Jan., 1924 On £210, Land for Settlements Act 1908 4-per-cont. Debentures, one year to 1 Jan., 1924 .. .. .. On £800, New Zealand State - guaranteed Advancos Acts 1909-10 (Land for Settlements Branch) 4-per-cent. Debentures, one year to 1 Jan., 1924 On £6,500, Land for Settlements Act 1908 44,-per-cent. Debentures, period to 1 Jan., 1924 On £3,200, Hutt Railway and Road Improvement Act 1907 4|-por-cent. Debentures, period to 1 Jan., 1924 On £6,750, Aid to Public Works and Land Settlement Act 1903 44,-per-cent. Debentures, period to 1 Jan., 1924 On £10,500, Westport Harbour Board Debentures, 4 per cent., period to 1 Jan., 1924 On £1,000, Hauraki Plains Amendment Act 1913 4-per-cent. Debentures, one year to 1 Feb., 1924. On £5,200, New Zealand Consols Act 1908, 4 per cent., ono year to 1 Feb., 1924 On £3,170, Hutt Railway and Road Improvement Act 1910 4J-por-cont. Debentures, period to 1 Feb., 1924 On £4,300, Land for Settlements Act 1908 4J-per-cent. Debentures, period to 1 Feb., 1924 On £0,300, Railways Improvement Authorization Act 1914 4|-per-cent. Debentures, period to 1 Feb., 1924 On £500, Waihou and Ohinemuri Rivers Improvement Act 1910 and •Financo Act 1919 (sec. 6) Debentures, period to 1 Feb., 1924 On £1,850, Government Railways Amendment Act 1910 4£-per-ccnt. Debentures, period to 1 Feb., 1924 On £4,500, Hauraki Plains Amendment Act 1913 and Finance Act 1920 (sec. 16) 4|-por-ccnt. Debentures, poriod to 1 Feb., 1924 On £2,700, Hauraki Plains Amendment Act 1913 and Finance Act .1921-22 (sec. 23) 4J-per-cent. Debentures, period to 1 Feb., 1924 On £5,000, Patea Borough 44-per-oent. Debentures, half-year to 1 Feb., 1924 .. On Current Account 254 12 0 24 10 6 100 8 6 241 10 0 8 8 0 32 0 0 243 6 2 115 3 1 226 18 9 190 13 6 64 0 0 208 0 0 140 9 5 88 0 9 254 11 7 1 17 11 19 7 6 176 9 8 51 8 11 112 10 0 0 13 0 Debentures matured— 1923 —April 1. Fruit-preserving Industry Act, 1913 Oct. 1. Irrigation and. Wator-supply Act, 1913 1924—Jan. 1. Government Railways Amendment Act, 1910 Jan. 1. Land for Settlements Act, 1908 Jan. 1. New Zealand State-guaranteed Advances Acts, 1909-10 (Land for Settlements Branch) Feb. 1. Hauraki Plains Amendment Act, 1913. 4,000 0 0 210 0 0 0,305 0 0 210 0 0 800 0 0 1,600 0 0 Exchange of Securities with Treasury — 1923 —Sept. I. New Zealand Inscribed Stock Act, 1917, and Finance Act, 1918 (sec. 10) Sept. 1. New Zealand Inscribed Stock Act, 1917, and War Purposes Loan Act, 1917 Sept. 1. Finance Act, 1915 (sec. 105) Sept. 1. Financo Act, 1910 (sec. 35) 1,250 0 0 16,420 0 0 2,700 0 0 3,500 0 0 40,888 8 8 Carried forward 157,232 3 0

13

8.-8.

For the Year ended 31st March, 1924.

DISBURSEMENTS. £ s. d. £ b. d. I Brought forward 156,725 0 0 Carried forward 156,725 0 0

8.-8.

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

14

RECEIPTS £ s. d. £ s. d. Brought forward 157,232 3 0 Greymouth Harbour Board. Loan of £100,000,— Contribution to Sinking Fund, one year to 1 Mar., 1924 Interest on Investments — On £2,390, Irrigation and Water-supply Act 1913 4-per-cent. Debentures, one year to 1 Oct., 1923 On £5,215, Wavorioy Town Board 5-per-ccnt. Debentures, period to 1 Oct.', 1923 On £290, Fruit-preserving Industry Act 1913 and Financo Act 1917 (sec. 80) 4-per-cent. Debentures, one year to 1 Oct., .1923 On £500, Immigration and Public Works Loan Act 1870 4J-per-cent. Debentures, one year to 15 Oct., 1923 On £450, Now Zealand Inscribed Stock Act, 1917, and Finance Act, 1918 (sec. 10), 4} por cent., period to 1 Sept., 1923 On £190, Appropriation Act 1912 (Irrigation and Water-supply Account) 4-per-ccnt. Debentures, one year to 1 Nov., 1923.. On £3,900, Kauri-gum Industry Amendment Act 1914 and Appropriation Act 1918 (sec. 45) 4J-per-cent. Debentures, period to 1 Nov., 1923 On £3,290, Land for Settlements Act 1908 4£-per-cent. Debentures, period to 1 Nov., 1923 On £7,920, New Zealand Inscribed Stock Act, 1917, and War Purposes Loan Act, 1917, 4| per cent., period to 1 Sept., 1923 On £3,130, General Purposes Loan Act 1873 4-per-eent. Debentures, one year to 28 Nov., 1923 On £6,400, Consolidated Stock Act 1884 4-per-cent. Debentures, one year to 31 Dec, 1923 On £500, Hutt Railway and Road Improvement Act 1907 44,-per-cont. Debentures, one year to 1 Jan., 1924 On £5,285, Government Railways Amendment Act 1910 4-per-ccnt. Debentures, one year to 1 Jan., 1924 On £390, Land for Settlements Act 1908 4-per-cent. Debentures, one year to 1 Jan., 1924 .. .. . . '.. On £735, Land for Settlements Act 1908 4-|-per-cent. Debentures, period to 1 Jan., 1924 On £1,450, New Zealand State-guaranteed Advances Act 1909-10 (Land for Settlements Branch) 4-por-cent. Debentures, one year to 1 Jan., 1924 On £3,350, Aid to Public Works and Land Sottlement Act 1903 41-per-cent. Debentures, period to 1 Jan., 1924 On £700, Housing Act 1919 (sec. 30) 41-per-cent. Debentures, ono year to 1 Jan., 1924 On £2,190, New Zealand Inscribed Stock Act, 1917, and Electric-power Works Loan Act, 1919, 5 per cent., one year to 15 Jan., 1924 On £2,170, New Zealand Inscribed Stock Act, 1917 (Discharged Soldiers Settlement), 5\ per cent., one year to 15 Jan., 1924 On £820, Hutt Railway and Road Improvement Act 1910 4fj-per-cent. Debentures, period to 1 F'cb., 1924 On £1,580, New Zealand State-guaranteed Advances Acts 1909-10 (Land for Settlements Branch) 4-per-eent. Debentures, one year to 1 Feb., 1924 On £1,030, Government Railways Amendment Act 1910 4|-per-cent. Debentures, period to 1 Feb., 1924 On £1,930, Land for Settlements Act 1908 4J-per-cent. Debentures, period to 1 Feb., 1924 On £1,000, Waihou and Ohinemuri Rivers Improvement Act 1910 and Finance Act 1919 (sec. 6) 41-per-cent. Debentures, period to 1 Feb., 1924 On £105, Railways Improvement Authorization Act 1914 4J-per-cont. Debentures, period to 1 Feb., 1924 On £1,900, Hauraki Plains Amendment Act 1913 4-por-cent. Debentures, one year to 1 Feb., 1924 On £900, Hauraki Plains Amendment Act 1913 and Finance Act 1921-22 (sec. 23) 4|-per-eent. Debentures, period to 1 Feb., 1924 On £2,240, New Zealand Consols Act, 1908, 4 per cent., one year to 1 February, 1924 . . .. On £3,700, Land Laws Amendment Act 1913 4-per-cent. Debentures, one year to 1 Iteb., 1924 On £800, Finance Act 1910 (sec. 35) 4J,-per-oent. Debentures, halfyear to 1 Sept., 1923 On £1,500, Finance Act 1918 No. 2 (sec. 30) (Cold-storage Advances) 4J-per-cent. Debentures, one year to 1 Mar., 1924 On £1,000, Local Bodies' Loans Act 1908 4-per-ccnt. Debentures, one year to 1 Mar., 1924 1,000 0 0 95 12 0 41 12 10 11 12 0 22 10 0 17 11 2 7 12 0 140 8 1 52 7 0 284 12 7 125 4 0 256 0 0 22 10 0 211 8 0 15 12 0 1 7 3 58 0 0 82 12 10 31 10 0 109 10 0 119 7 0 2 17 0 03 4 0 42 8 11 50 14 10 4' 9 0 2 15 3 70 0 0 37 1 9 89 12 0 148 0 0 18 0 0 07 10 0 40 0 0 Carried forward 3,355 12 0 157,232 3 0

B.—B

15

For the Year ended 31st March, 1924.

DISBURSEMENTS. £ s. d. £ s. d. Brought forward 156,725 0 0 Greymouth Harbour Board. Loan of £100,000,— Investments— 1923 —May 15. Discharged Soldiers Settlement Loans Act 1919 (sec. 4) Debentures, per cent. Aug. 2. Discharged Soldiers Settlement Loans Act 1919 (sec. 4) Debentures, 4| per cent. .. Sept. 1. Discharged Soldiers Settlement Loans Act 1919 (sec. 4) Debentures, 4|- per cent. Oct. 1. Irrigation and Water-supply Act, 1913 Debentures, 4\ percent. Dec. 1. Discharged Soldiers Settlement Loans Act 1919 (sec. 4) Debentures, 4| per cent. 1924 —Jan. 1. Discharged Soldiers Settlement Loans Act 1919 (sec. 4) Debentures, 4J per cont. Feb. 1. Discharged Soldiers Settlement Loans Act 1.919 (sec. 4) Debentures, 4|- per cent. Feb. 1. Discharged Soldiers Settlement Loans Act 1919 (sec. 4) Debentures, 4| per cent. .. Mar. 1. Discharged Soldiers Settlement Loans Act 1919 (sec. 4) Debentures, 4 1 - per cent. .. 1,825 0 0 800 0 0 18,100 0 0 2,000 0 0 500 0 0 10,700 0 0 350 0 0 3,800 0 0 1,900 0 0 39,975 0 0 • I . Carried forward 196,700 0 0

B.—B

16

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

RECEIPTS. £ s. d. £ s. d. Brought forward 3,355 12 6 157,232 3 0 Greymouth Harbour Board — continued. Loan of £100,000 continued. Interest on Investments— continued. On £2,000, Irrigation and Water-supply Act 1913 4 l -per-cent. Debentures, period to 1 Mar., 1924 On £500, Dofence and Other Purposes Loan Act 1870 41-per-cent. Debentures, ono year to 1 Mar., 1924 On £6,005, Government Railways Amendment Act 1910 4|-por-cent. Debentures, one year to 1 Mar., 1924 On £1,670, Rangitaiki Land Drainage Amendment Act 1913 and Finance Act 1921-22 (sec. 23) 41-per-cent. Debentures, one year to 1 Mar., 1924 .. On £1,150, Maori Land Settlement Act 1905'41-per-cent. Debentures, one year to 1 Mar., 1924 On £3,980, Land for Settlements Act 1908 41-per-cent. Debentures, one year to 1 Mar., 1924 On £4,600, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, one year to 1 Mar., 1924 On £1,290, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, one year to 1 Mar., 1924 On £1,025, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, one year to 1 Mar., 1924 On £5,680, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, one year to 1 Mar., 1924 On £2,400, Discharged Soldiers Settlement Loans Act 1919 (see. 4) 41-per-cent. Debentures, ono year to 1 Mar% 1924 On £500, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-eent. Debentures, period to 1st Mar., 1924 On £10,700, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, period to I Mar., 1924.. On £350, Discharged Soldiers Settlement Loans Act 1919 (see. 4) 41-per-cent. Debentures, period to 1 Mar., 1924.. On £3,800, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, period to 1 Mar., 1924.. On £5,610, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, period to 1 Mar., 1924.. On £1,825, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 4J-per-cent. Debentures, period to 1 Mar., 1924.. On £800, Discharged Soldiers Settlement Loans Act 1919 (sec. 4) 41-per-cent. Debentures, period to 1 Mar., 1924.. On £18,100, Discharged Soldiers Settlement Loans Act 1919 (see. 4) 41-per-cent. Debentures, half year to 1 Mar. 1924 On Current Account 37 9 7 22 10 0 270 4 6 75 3 0 51 18 0 179 2 0 207 0 0 58 1 0 46 2 6 255 12 0 108 0 0 5 12 6 79 7 4 1 5 1 13 12 0 246 19 3 65 7 9 20 18 10 407 5 0 0 9 0 Debentures matured— 1923—Oct. 1. Irrigation and Water-supply Act, 1913 1924—Jan. 1. Government Railways Amendment Act, 1910 . . Jan. I. Land for Settlements Act, 1908 Jan. 1. Now Zealand State-guaranteed Advances Acts, 1909-10 (Land for Settlements Branch) Feb. 1. Hauraki Plains Amendment Act, 1913 Feb. 1. Now Zealand State-guaranteed Advances Acts, 1909-10 (Land for Settlements Branoh) 1,790 0 0 5,285 0 0 390 0 0 1,450 0 0 1,900 0 0 1,580 0 0 Exchange of Securities with Treasury— 1923—Sept. 1. New Zealand Inscribed Stock Act, 1917, and Finance Act, 1918 (sec. 10) Sept. 1. New Zealand Inscribed Stock Act, 1917, and War Purposes Loan Act, 1917 Sept. 1. Finance Act, 1916 (sec. 35) 450 0 0 7,920 0 0 800 0 0 Debentures sold to Westport Funds— 1923—May 15. Aid to Public Works and Land Settlement Act, 1903, 41 per cent. Sept. 1. Aid to Public Works and Land Settlement Act, .1903, 41 per cent. Sept. 1. Kauri-gum Industry Amendment Act, 1914, and Appropriation Act, 1918 (sec. 45), 41 per cent. Sept. 1. Laudl'or Settlements Act, 1908(1/8/25), 41 per cent. .. Sept. I. Railways Improvement Authorization Act, 1914,41 per cent. 1924—Jan. I. Hutt Railway and Road Improvement Act, 1907,41 per cent. Jan. 1. Government Railways Amendment Act, 1910,41 per cent. Jan. I. Hauraki Plains Amendment Act, 1913, and Finance Act, . 1921-22 (sec. 23), U per cent. Jan. 1. Immigration and Public Works Loan Act, 1870,4' per cent. Jan. I. Housing Act, 1919 (see. 30), 41 per cent. 1,350 0 0 2,000 0 0 3,900 O 0 1,930 0 0 105 0 0 500 0 0 1,030 0 0 900 0 0 500 0 0 700 0 0 39,987 9 4 Total £197,219 12 4

B.—B.

For the Year ended 31st March, 1924.

3—B. 8.

17

DISBURSEMENTS. £ s. d. £ a. d. Brought forward 196,700 0 0 519 12 4 Balance, 3.1st Maroh,*1924'~— Cash in bank Total £197,219 12 4

B.—B

18

STATEMENT of the Funds held by the Commissioners of the Public Debts Sinking Funds on the 31st March, 1924.

Securities. Vew Zealand Government Debentures — ■ Aid to Public Works and Land Settlement Act, 1903 Appropriation Act, 1912 (Irrigation and Water-supply Account) Consolidated Stock Act, 1884 Defence and other Purposes Loan Act, 1870 Discharged Soldiers Settlement Loans Act, 1919 (Section 4) Finance Act, 1918, No. 2 (Section 20), (Cold-storage Advances Account) Fruit-preserving Industry Act, 1913, and Finance Act, 1917 (Section 80) .. 1917 General Purposes Loan Act, 1873 Government Railways Amendment Act, 1910 Hauraki Plains Amendment Act, 1913, and Finance Act, 1920 (Section 16) Hauraki Plains Amendment Act, 1913, and Finance Act, 1921-22 (Section 23) Housing Act, 1919 (Section 30) Hutt Railway and Road Improvement Act, 1907 1910 Immigration and Public Works Loan Act, 1870 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 Maori Land Settlement Act, 1905 -g Loans When S T Securities Q I W are ■« redeemable. ■§ ! £150,000. p| 1st March, 1925. . L % £ s. d. 1 Jan., 1926 41 1 Nov., 1924 4 870 0 0 31 Dec, 1924 i 4 10,190 0 0 1 Mar., 1925 4| 1,400 0 0 1 „ 1925 : 4-1 90,620 0 0 1 „ 1925 4J 1,750 0 0 1 „ 1925 4* 6,000 0 0 1 April, 1924 4 28 Nov., 1924 4 3,770 0 0 1 Mar., 1925 41 2,195 0 0 1 Jan., 1925 4 4,000 0 0 1 Feb., 1929 41 1 Aug., 1928 41 1 ,. 1928 41 1 July, 1926 41 1 Jan., 1929 41 1 Feb., 1929 4 15 April, 1925 41 1 Mar., 1925 41 3,000 0 0 1 Oct., 1924 4 1,400 0 0 1 Nov., 1924 4 800 0 0 1 .. 1926 41 1 Feb., 1925 4 6,025 0 0 1 Mar., 1925 44 6,920 0 0 1 Aug., 1925 41 1 Jan., 1926 41 1 May, 1926 41 1 Sept., 1924 4 2,000 0 0 1 Mar., 1925 41 50 0 0 Loans in respect of which the Funds are held. Westport Harbour Board. Greymouth _, . , Harbour Totals. Board, .0,000. £200,000. £500,000. £100,000. irch, 1925. 15th Feb.. 1945. l«t January, 1949. 1st March, 1925. £ s. d. £ s. d. £ s. d. £ s. d. £ s . d. 5,750 0 0 6,750 0 0 .. 12,500 0 0 f0 0 0 1,080 0 0 2,860 0 0 190 0 0 I 5,000 0 0 )0 0 0 910 0 0 .. 6,400 0 0 i 17,500 0 0 •0 0 0 .. .. 500 0 0 1,900 0 0 ■0 0 0 .. 800 0 0 58,580 0 0 ;150.000 0 0 >0 0 0 .. .. l,r.00 0 0 I 3,250 0 0 >0 0 0 .. .. .. | 6,000 0 0 90 0 0 120 0 0 290 0 0 500 0 0 '0 0 0 .. 2,800 0 0 3,130 0 0 9,700 0 0 '5 0 0 .. .. 6,005 0 0 8,200 0 0 >0 0 0 .. .. .. 4,000 0 0 1,150 0 0 1,850 0 0 .. 3,000 0 0 2,000 0 0 4,500 0 0 .. 6,500 0 0 300 0 0 2,700 0 0 .. 3,000 0 0 400 0 0 2,000 0 0 .. 2,400 0 0 800 0 0 3,200 0 0 .. 4,000 0 0 1,200 0 0 4,000 0 0 1 .. 5,200 0 0 2.100 0-0 .. 2,100 0 0 K> 0 0 .. .. 2,000 0 0 5,000 0 0 X) 0 0 400 0 0 2,700 0 0 600 0 0 5,100 0 0 )0 0 0 1,200 0 0 3,000 0 0 .. 5,000 0 0 1.000 0 0 4,500 0 0 .. 5,500 0 0 !5 0 0 75 0 0 .. 3,700 0 0 9,800 0 0 !0 0 0 .. .. 3,980 0 0 10,900 0 0 1,000 0 0 4,300 0 0 .. 5,300 0 0 5,000 0 0 6,500 0 0 .. 11,500 0 0 1,500 0 0 8,000 0 0 .. 9,500 0 0 >0 0 0 .. .. 1,000 0 0 3,000 0 0 '0 0 0 .. .. 1,150 0 0 1,200 0 0 £200,000. 15th Feb., 1945. £ s. d. 5.750 0 0 1,080 0 0 910 0 0 90 0 0 1,150 0 0 2,000 0 0 300 0 0 400 0 0 800 0 0 1,200 0 0 400 0 0 1,200 0 0 1.000 0 0 75 0 0 1,000 0 0 5,000 0 0 1.500 0 0 ! _J I I I

B.—B.

STATEMENT of the Funds held by the Commissioners of the Public Debts Sinking Funds on the 31st March, 1924— continued.

19

When Securities are redeemable. ax rH OS p. ' Loans in respect of which the Funds are held. I ■ Securities. Westport Harbour Board. £150,000. £200,000. £500.000. 1st March, 1925 | 1945- 1949. Greymouth Harbour Board, £100,000. 1st March, 1925. Totals. New Zealand Government Debentures— continued. New Zealand Consols Act, 1908 New Zealand Inscribed Stock Act, 1917, and Discharged Soldieis Settlement Loans Act, 1917-20 New Zealand Inscribed Stock Act, 1917, and Electric-power Works Loan Act, 1919 Railways Improvement Authorization Act, 1914 Rangitaiki Land Drainage Amendment Act, 1913, and Finance Act, 1921—22 (Section 23) W T aihou and Ohinemuri Rivers Improvement Act, 1910, and Finance Act, 1919 (Section 6) 1 Feb., 1925 15 Jan., 1933 % £ s. d. 4 ; 3,895 0 0 £ s. d. £ s. d. 2,165 0 0 5.200 0 0 1,245 0 0 : 3,435 0 0 £ s. d. 2,240 0 0 2,170 0 0 £ s. d. 13,500 0 0 6,850 0 0 15 July, 1930 1 Feb., 1926 1 Mar., 1925 1 Aug., 1925 5 4i « 1,230 0 0 41 3,200 0 0 . 7,200 0 0 2,900 0 0 | 6,300 0 0 2,000 0 0 j 500 0 0 2,190 0 0 1,670 0 0 12,650 0 0 9,200 0 0 2,900 0 0 2,500 0 0 Local Authorities' Debentures — Oxford County Council .. .. .. .. .. Waverley Town Board (1) .. ... (2) .. Westport Harbour Board .. .. .. .. .. .. Patea Borough .. I i 1 Dec, 1940 1 April, 1955 1 Oct., 1956 1 Jan.. 1949 1 Sept., 1953 5J 5 5 4 41 i' 1,200 0 0 1,000 0 0 j 3,670 0 0 9,750 0 0 | 425 0 0 4,355 0 0 .. - 10,500 0 0 5,000 0 0 2,200 0 0 13,420 0 0 4,780 0 0 10,500 0 0 5,000 0 0 Cash in Bank of New Zealand 146,115 0 0 56 6 4 40,720 0 0 170 7 10 115,920 0 0 248 1 10 97,295 0 0 400,050 0 0 44 16 4 519 12 4 Totals .. 146,171 6 4 ! 40,890 7 10 116,168 1 10 97,339 16 4 |400,569 12 4 J. H. FOWLBE, 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, 1924.

STATEMENT of the Expenses incurred during the Year ended 31st March, 1924. £ s. d. Audit fee ~ ... .. .. .. .. .. 2 2 0 J. H. Fowler, Secretary and Accountant to the Commissioners. Examined and found correct. H. M. Naldeh, Chief Examiner, Audit Office.

Approximate Coat of Paper. —Preparation, not given ; printing (475 copies), £37 103.

Authority: W. A. G. Skinner, Government Printer, Wellington.— 1924

Price 9d.

20

Loans. Debentures in Circulation. Hate ot Sinking Fund. When redeemable. Sinking Funds accrued. 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 March, 1925 15 February, 1945 1 January, 1949 1 March, 1925 £ s. d. 146,171 G 4 40,890 7 10 116,168 1 10 97,339 16 4 £950,000 £400,569 12 4