Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image

Pages 1-20 of 23

Pages 1-20 of 23

Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image
Page image

Pages 1-20 of 23

Pages 1-20 of 23

B—lo

1946 NEW ZEALAND

PUBLIC SECURITIES HELD IN THE DOMINION OR ELSEWHERE AS ON THE 31st MARCH, 1946 (RETURN OF), TOGETHER WITH AN ACCOUNT OF ALL SECURITIES REDEEMED OR OTHERWISE DISPOSED OF DURING THE YEAR ENDED 31st MARCH, 1946, AS PROVIDED BY SECTION 107, SUBSECTION (2), OF THE PUBLIC REVENUES ACT, 1926.

Presented to both Houses of the General Assembly pursuant to Section 107:, Subsection (2), of the Public Revenues Act, 1926

INDEX

PAGE Government Insurance Office . . . . .. .. .. .. .. 8 Government Accident Insurance Office .. .. .. .. .. .. 7 Marketing Department (Export Division) .. .. .. .. .. 18 Marketing Department (Internal Marketing Division) .. .. .. .. . . 18 Mines Department .. .. .. . . .. .. .. .. .. 18 National Broadcasting Service .. .. . . .. .. .. .. 9 Native Trustee .. .. .. .. .. .. .. .. 16 Other Securities (Departments of Agriculture, Forestry. Tourist and Health Resorts, Social Security, Native, Public Works, Railways, and Lands and Survey) .. .. 22 Post Office .. .. .. .. .. .. .. .. .. 2 Public Trust Office .. . . .. .. .. . .. .. .. 19 Rehabilitation Department .. .. .. .. .. .. .. .. 17 State Advances Corporation (Housing Branch) .. .. .. .. .. .. 17 State Fire Insurance Office .. .. .. .. .. .. .. 6 Summary, &c. .. .. .. .. .. .. .. .. ..23 Treasury .. .. .. .. .. .. .. . . . . .. 9

B—lo

PUBLIC SECURITIES HELD BY THE POST OFFICE SECURITIES HELD IN RESPECT OF SAVINGS-BANK INVESTMENTS

2

Particulars of Security. Amount held P)1IV ,w or i nr Amount held as at i mfd Sold - renewed. as at Mfltnritv Kate of 31st March > in -Renewal or redeemed - 31sfc March, Nature of Security. 1945 ' 19^ Held in New Zealand % £ £ .' £ £ State Advances Corporation of New Zealand (stock) .. .. .. 1/9/55 3f 211,510 .. .. 211,510 „ „ .. .. .. 1/8/60 3f 1,260,000 .. .. 1,260,000 ...... 1/8/63 3f 660,000 .. .. 660,000 ...... 1/8/72 3-| 750,000 .. .. 750,000 ...... 1/8/75 3| 6,500,000 .. .. 6,500,000 New Zealand Government Securities New Zealand Loans Act, 1932 (stock) .. .. .. .. 15/4/51 2£ 5,000,000 .. .. 5,000,000 15/8/57 2\ 38,034,933 .. .. 38,034,933 15/7/57 2i 4,350,000 33,550,000 .. 37,900,000 15/10/57 2f 16,438,000 .. .. 16,438,000 „ .. .. .. .. 15/8/57 3 1,059,845 .. .. 1,059,845 15/9/57 3 19,175,000 .. .. 19,175,000 15/12/58 3 17,465,643 .. .. 17,465,643 15/6/55 4 695,000 30,000 .. 725,000 .. 111,599,931 33,580,000 .. 145,179,931 Local Authorities' Securities £ £ £ £ Local authorities' securities .. .. .. .. .. Various Var. 442,003 .. 27,175 414,828 Total .. .. .. .. .. .. .. .. 442,003 .. 27,175 414,828

B—lo

SECURITIES HELD IN RESPECT OF POST OFFICE INVESTMENT CERTIFICATES

Public Securities held by the Post Office— continued SECURITIES HELD IN RESPECT OF SAVINGS-BANK INVESTMENTS— continued

3

Particulars of Security. On hand 31st March, 1945. Purchased. (a) Nominal; (b) Cost. Sold. (a) Nominal; (b) Cost. Amount held as at 31st March, Nature of Security. Maturity Date. Bate of Interest. Nominal. Cost. 1946. (a) Nomiaal; (b) Cost. Held in London New Zealand consolidated stock 1/4/45 1/9/62-65 % 3 3i £ 2,260,495* £ 2,244,583 £ • { (6)2,825,619 £ (а) 2,260,495 \ (б) 2,244,583 / £ (6)2,825,619 Total, Securities held in London .. 2,260,495* , 2,244,583 2,825,619=^ (a) 2,260,495 \ (b) 2,244,583 / 2,825,619 * New Zealand currency, £2,825,619.

Particulars of Security. Amount held as at Purchased or issued in Renewal. Sold, renewed, Amount held as at Nature of Security. Maturity Date. Rate of Interest. 31st March, 1945. or redeemed. 31st March, 1946. Held in New Zealand Old Issue New Zealand Loans Act, 1932 (stock) 15/6/55 % 4 £ 6,040 £ £ £ 6,040 New Issue New Zealand Loans Act, 1932 (stock) 15/6/55 4 5,710 5,710 Six-year Currency New Zealand Loans Act, 1932 (stock) 15/6/55 15/9/57 4 3 75,900 80,000 30,000 45,900 80,000 Total 167,650 30,000 137,650

B—lo

Public Securities held by the Post Office— continued

4

Particulars of Security. Amount held Amount held as at inircnasea or Sold _ renewed< as at ,, , „ 31st March, ■ or redeemed. 31st March, Nature of Security. purity Rateof m5 m Renewal. 19 «!. ' SECURITIES HELD IN RESPECT OF NATIONAL SAVINGS BONDS Held in New, Zealand % £ £ £ £ New Zealand Loans Act, 1932 (stock) .. .. .. .. 15/12/58 3 3,240,000 .. 3,240,000 15/8/57 3 6,360,000 .. 6,360,000 15/11/58 3 1,250,000 10,750,000 .. 12,000,000 Total .. .. .. .. .. .. .. .. 10,850,000 10,750,000 9,600,000 12,000,000 SECURITIES HELD IN RESPECT OP NATIONAL SAYINGS INVESTMENTS Held in New Zealand % £ £ £ £ New Zealand Loans Act, 1932 (stock) .. .. .. .. 15/12/58. 3 2,781,000 .. 2,781,000 15/8/57 3 11,650,000 .. 11,650,000 15/11/58 3 3,150,000 19,881,000 .. 23,031,000 Total .. .. .. .. .. .. .. .. 17,581,000* 19,881,000 14,431,000 23,031,000 SECURITIES HELD IN RESPECT OF DEPRECIATION AND OTHER RESERVE FUNDS Held in New Zealand % £ £ £ £ State Advances Corporation of New Zealand (stock) .. .. .. 1/8/63 3| 780,000 .. .. 780,000 New Zealand Loans Act, 1932 (stock) .. .. .. .. 15/2/50 2| 2,000,000 .. .. 2,000,000 ' .. .. .. 15/4/51 2f 250,000 .. .. 250,000 15/7/57 2| 1,000,000 500,000 500,000 1,000,000 15/8/57 3 271,700 .. .. < 271,700 15/12/58 3 1,500,000! .. 400,000 1,100,000 .. 15/1/53-57 3i 927,290 .. .. 927,290 .. 15/1/53-57 3i 1,355,710 .. .. 1,355,710 .. 15/1/53-57 3f 500,000 .. .. 500,000 .Total .. .. .. .. .. .. .. .. 8,584,700 500,000 900,000 8,184,700 i --- - . : ♦ Includes £104,000 school savings funds,

£—lo

Public Securities held by the Post Office— continued

5

Particulars of Security. Amount held as at 31st March, 1945. Purchased or issued in Renewal. Sold, renewed, or redeemed. Amount held as at 31st March, 1946. Nature of Security. Maturity Date. Kate of Interest. SUMMARY OF SECURITIE Securities held in respect of savings-bank investments — Securities held in New Zealand Local authorities' securities .. .. Securities held in London Securities held in respect of Post Office Investment Certificates Securities held in respect of National Savings Bonds Securities held in respect of National Savings Investments Securities held in respect of depreciation and other reserve funds Total S HELD Various 1 POST 0/ /o Var. OFFICE £ 111,599,931 442,003 ; 2,260,495* ! £ 33,580,000 2,825,619 £ 27,175 2,260,495 £ 145,179,931 414,828 2,825,619 114,302,429 167,650 10,850,000 17,581,000 8,584,700 36,405,619 10,750,000 19,881,000 500,000 2,287,670 30,000 9,600,000 14,431,000 900,000 148,420,378 137,650 12,000,000 23,031,000 8,184,700 151,485,779 67,536,619 27,248,670 191,773,728 * New Zealand currency, £2,825,619.

B—lo

PUBLIC SECURITIES HELD BY THE STATE FIRE INSURANCE OFFICE

6

Particulars of Security. Amount held as at 31st March, 1945. Purchased or issued in Renewal. Sold, renewed, or redeemed. ] 1 Amount held as at 31st March, 1946. Nature of Security. Maturity Date. Rate of Interest. Held in New Zealand New Zealand Government Securities New Zealand Loans Act, 1932 (stock) ,, ,, (Treasury bills) Rural Advances Act, 1926 Local Authorities' Securities Local authorities' securities Other Securities Debentures under Master ton Trust Lands Trust Empowering Act, 1923 Masterton Trust Lands Trust debentures under section 70, Local Legislation Act, 1936 State Advances Corporation of New Zealand (stock) Fixed deposits (Bank of New Zealand) 99 99 V M 99 99 • • • • • • • • 99 99 • • • • • • • • iJ 99 >■, ») 9 9 9 9 • • •• •• •• Land and house property . . 15/4/59 15/9/60 15/5/52 15/4/63 15/4/49 15/6/55 15/1/57 1/10/53 1/8/54 15/9/55 15/12/56 15/2/58 10/3/46 10/3/47 15/9/47 ' Various 31/3/46 26/1/57 1/9/60 31/7/46 30/10/46 11/11/46 1/3/47 31/7/45 30/10/45 11/11/45 1/3/46 °/ /o 3 H 4 3 4 4 H 21 3 3 3 3 H l 5* Var. H 31 If If If If If U i! if £ 117,715 212,910 68,605 87,970 15,400 143,000 50,000 50,000 25,000 50,000 25,000 100,000 i.5,000 212,547 130 2,400 j 5,000 | 5,000 * 10,000 5,000 ] 30,000 £ 75,000 100,000 *5,000 10,000 5,000 30,000 £ 100,000 11,582 130 200 5,000 10,000 5,000 30,000 £ 75,000 117,715 212,910 68,605 87,970 15,400 143,000 •50,000 50,000 25,000 50,000 25,000 100,000 15,000 200,965 2,200 5,000 5,000 10,000 5,000 30,000 1,230,677 191,714 i 225,000 300 161,912 24,675 1,293,765 167,339 1,422,391 225,300 186,587 1,461,104 to 20 per cent, interest-tax under Finance Act, 1932-33,

B—lo

PUBLIC SECURITIES HELD BY THE GOVERNMENT ACCIDENT INSURANCE OFFICE

7

Particulars of Security. Amount held as at Purchased or issued in Renewal. Sold, renewed, Amount held as at Nature of Security. Maturity Date. Rate of Interest. 31st March, 1945. or redeemed. 31st March, 1946. Held in New Zealand New Zealand Government Securities New Zealand Loans Act, 1932 (stock) .. 99 99 • • • • 99 99 • • 9) 99 . • • • • • • • • 99 99 • • • • • • ♦ • 99 99 • • • • 99 99 • • • • • • » • 99 99 • • • • • • 99 99 • • • • • • • • 99 99 „ „ (Treasury bills) 15/4/59 15/9/60 1/8/54 15/5/52 15/4/49 15/6/55 15/1/57 1/10/53 15/9/55 15/12/56 15/2/58 15/4/63 Various 10/3/47 % 3 3i 3 4 4 4 H H 3 3 3 3 H 1 £ 69,030 69,000 47,500 27,385 27,385 24,000 50,000 25,000 50,000 25,000 28,200 150,000 £ 75,000 50,000 50,000 £ 200,000 £ 75,000 69,030 69,000 47,500 27,385 27,385 24,000 50,000 25,000 50,000 25,000 28,200 50,000 Local Authorities' Securities Local authorities' securities Various Var. 142,320 15,942 126,378 Rural Advances Bonds Rural Advances bonds under Rural Advances Act, 1926 State Advances Corporation of New Zealand stock 15/9/47 1/9/60 5* 3§ 5,000 5,000 5,000 5,000 744,820 175,000 215,942 703,878 * Subject to 20 per cent, interest-tax under Finance Act, 1932-33.

B—lo

PUBLIC SECURITIES HELD BY THE NEW ZEALAND GOVERNMENT INSURANCE DEPARTMENT

8

Particulars of Security. Amount held as at Purchased or issued in Renewal. Sold, renewed, Amount held as at Nature of Security. Maturity Date. Bate of Interest. 31st March, 1945, or redeemed. 31st March, 1946. Held in New Zealand New Zealand Government Securities New Zealand Loans Act, 1932 (stock) .. .. .. .. " " ( 99 99 • • • • • • • • 99 99 • • • ♦ • • 99 99 , •• •• •• •• 99 99 • • • • • • • • 99 99 • • • • • • • • 99 99 • • • • 99 99 ' • • • • • • • • 99 99 • • • • • • • • 99 99 99 99 • • • • • • • • 99 99 • • • • 99 99 • • • • • • • • 15/7/61-63 15/9/57-60 15/4/49 15/6/55 15/5/52 15/1/57 31/5/58 1/10/53 1/8/46 1/8/51-54 15/12/53-56 15/1/59 15/2/55-58 15/4/60-63 15/4/56-59 0/ /o 3 H 4 4 4 3| 4 2£ 3 3 31 3 3 3 £ 59i,785 188,750 49,500 512,390 182,060 90,000 92,180 10,000 150,000 100,000 50,000 1,100,000 194,410 £ 200,000 500,000 £ £ 200,000 591,785 188,750 49,500 512,390 182,060 90,000 92,180 10,000 150,000 100,000 50,000 1,100,000 194,410 500,000 Rural Advances Bonds Rural Advances Act, 1926 .. 15/9/47 15/9/47 5* 5* 90,000 86,000 90,000 86,000 ......... Local Authorities' Securities Local authorities' securities Various Var. 3,023,931 112,235 2,911,696 Miscellaneous Securities Landed and house property (freehold) Properties acquired on default of mortgagors Mortgages Various Var. 492,599 23,250 4,651,360 581 9,470 157,425 6,067 11,720 402,634 487,113 21,000 4,406,151 Securities held in London New Zealand consolidated stock .. 1/4/45 1/9/62-65 3 3i 625,900f 782,375 625,900 782,375 12,304,115 1,649,851 1,158,556 12,795,410 — — — * Subject to 20 per cent, interest-tax under Finance Act, 1932-33. t Equals £782,375 in New Zealand currency.

B—lo

PUBLIC SECURITIES HELD BY NATIONAL BROADCASTING SERVICE

PUBLIC SECURITIES HELD BY THE TREASURY

9

Particulars of Security. Amount held as at 31st March, 1945. Purchased or issued in Renewal. Sold, renewed, or redeemed. Amount held as at 31st March, 1946. Nature of Security. Maturity Date. Rate of Interest. Held in New Zealand New Zealand Loans Act, 1932 (Treasury bills) » 99 • * • • • * • * „ „ (Stock) » ,, . . . . Various 10/3/47 15/12/53-56 15/2/58 15/4/51 0/ /o H 1 3 3 £ 1,590,000 50,000 50,000 £ 1,600,000 250,000 £ 1,590,000 £ 1,600,000 50,000 50,000 250,000 1,690,000 1,850,000 1,590,000 1,950,000

Particulars of Security. Amount held as at 31st March, 1945. Purchased or issued in Renewal. Sold, renewed, or redeemed. Amount held as at 31st March, 1946. Nature of Security. Maturity Date. Rate of Interest. ORDINARY REVE Held in New Zealand New Zealand Government Securities New Zealand Loans Act, 1932 (Treasury bills) .. Held in London Fixed-deposit Receipts Midland Bank, Ltd. Bank of New Zealand .1. NUE ACC01 Various 21/6/46 13/6/45 Various UNT % H l l i £ 2,130,000 700,000 £ 700,000 2,000,000 1,031., 250 £ 2,830,000 700,000 £ 2,000,000 l,03i,250 2,830,000 3,731,250 3,530,000 3,031; 250

B—lo

Public Securities held by the Treasury— continued

10

Particulars of Security. Amount held 13l1 „ , Amount held as at Sold, renewed, as at Maturity Rate of 31st March > in Renewal 01 redeemed - 31 st March, Nature of Security. Date. Interest. 1945, Renewal. 1946 DEPOSITS ACCOUNT Held in New Zealand % £ £ £ £ Finance Act (No. 2), 1939, section 2 (4) : Tasman Airways, Ltd. (£1 shares) .. .. 60,000 .. .. 60,000 Finance Act, 1940, section 15 (1) : New Zealand Woolpack Textiles, Ltd., .. .. 20,000 . . .. 20,000 advance on account of shares New Zealand Government Securities New Zealand Loans Act, 1932 (Treasury bills) .. .. .. 10/3/47 1 .. 1,207,000 .. 1,207,000 ' .. .. .. Various 1| 2,000,000 4,000,000 6,000,000 Public Revenues Act, 1926, section 41 .. .. .. .. 31/3/46 1| .. 1,000,000 1,000,000 New Zealand Loans Act, 1932 (stock) .. .. .. .. 15/7/57 2| .. 5,128,800 2,350,000 2,778,800 .. 15/4/56-59 3' .. 12,610 12,610 15/8/57 3 .. 500,000 500,000 .. 15/2/49-50 21- 50,000 .. 50,000 15/8/57 2| 366,000 103,500 146,000 323,500 15/12/58 3 465,475 622,850 226,360 861,965 Investment under Reserve Bank of New Zealand Act, 1933 (without interest) .. .. 1,203,325 .. .. 1,203,325 Investment under State Advances Corporation Act, 1934-35, and section 7, . . .. 890,418 . . .. 890,418 State Advances Corporation Act, 1936 (without interest) Held in London Fixed-deposit Receipts Bank of New Zealand, Ltd., London .. .. .. .. Various 1 406,250 .. 406,250 Midland Bank, Ltd. .. .. .. .. .. .. 13/6/45 1 1,300,000 .. 1,300,000 6,761,468 12,574,760 11,991,220 7,345,008 PUBLIC WORKS ACCOUNT Held in London- % £ i £ £ l £ Midland Bank, Ltd. ,. .. .. .. .. .. 13/6/45 1 750,000 | .. 750,000 1

B—lo

11

BANK OF NEW ZEALA Held in New Zealand Preference " A " shares — 500,000 £1 Preference " B " shares — 625,000 £1 750,000 £1 " C " shares — 234,375 £1 long-term mortgage sharesOrdinary shares acquired in terms of Bank of New Zealand Act, 1945 " D " long-term mortgage shares LAND FOR SETTL1 Held in New Zealand Neiv Zealand Government Securities New Zealand Loans Act, 1932 (Treasury bills) Held in London Fixed-deposit Receipts Midland Bank, Ltd. LOANS REDES Held in New Zealand New Zealand Loans Act, 1932 (Treasury bills) Held in London Fixed-deposit Receipts Midland Bank, Ltd. RESERVE F 1 Held in London Imperial War Loan stock Imperial Funding Loan .. .. .. .. .. ND SHAREl EMENTS AC 10/3/46 16/5/45 OPTION AC! 21/6/46 11/4/45 UND ACCOT 1/12/52 15/4/59-69 S ACCO % )COUNT 0/ /o H l 30UNT 0/ /o 1 1 JNT 0/ /o H 3 UNT £ 500,000 (a) 625,000 750,000 234,375 £ (6)2,536,868 (c) 348,507 £ £ 500,000 (а) 625,000 750,000 234,375 (б)2,536,868 (c) 348,507 2,109,375 j 2,885,375 4,994,750 1 £ 200,000 400,000 £ £ 200,000 400,000 £ 600,000 600,000 • £ 2,500,000 £ 1,000,000 £ 2,500,000 £ 1,000,000 2,500,000 1,000,000 2,500,000 1,000,000 £ 579,822 1,674,892 k 178 120,108 £ £ (d) 580,000 (e) 1,795,000 2,254,714 120,286 2,375,000 (a) Cost price, £3^5, 000. (6) Coat price, £6,516,106. (c) Cost price, £522,760. (d) Cost price, £582,790. (e) Cost price, £1,817,751.

B—lo

Public Securities held by the Treasury— continued

12

Particulars of Security. Amount held as at 31st March, 1945. Purchased or issued in Renewal. Sold, renewed, or redeemed. Amount held aB at 31st March, 1946. Nature of Security. Maturity Date. Rate of Interest. SOCIAL SECU Held in London Fixed-deposit Receipts Midland Bank, Ltd. Bank of New Zealand, London EARTHQUAKE AND Held in New Zealand New Zealand Government Securities New Zealand Loans Act, 1932 (stock) Held in London Imperial Funding Loan WAR EXPENS Held in New Zealand New Zealand Government Securities New Zealand Loans Act, 1932 (Treasury bills) Public Revenues Act, 1926, section 41 (Treasury bills) New Zealand Loans Act, 1932 (stock) Held in London Fixed-deposit Receipts Midland Bank, Ltd. RITY FUN3 16/5/45 1/5/46 WAR DAM 15/8/57 15/4/59-69 ES ACCOTO Various 31/3/46 15/7/57 Various Hi > w £ 2,000,000 £ 812,500 £ 2,000,000 £ 812,500 2,-000,000 812,500 2,000,000 812,500 UND £ 4,270,000 £ 420,000 £ £ 4,270,000 (a) 420,000 4,270,000 420,000 4,690,000 £ 8,000,000 6,000,000 £ 32,000,000 3,000,000 5,518,000 £ 40.000,000 3,000,000 6,000,000 £ 5,518,000 14,000,000 40,518,000 49,000,000 5,518,000

B—lo

13

WORKING RAII Held in New Zealand Neiv Zealand Government Securities New Zealand Loans Act, 1932 (Treasury bills) „ (stock) Railway Employees' Sick Benefit Fund (invested with Public Trustee) .. Held in London Fixed-deposit Receipts Midland Bank, Ltd. PUBLIC ACCOUNT CASH BAL Held in New Zealand New Zealand Loans Act, 1932 (Treasury bills) „ (stock) Held in Londqn Fixed-deposit Receipts Bank of New Zealand, Ltd., London . . Midland Bank, Ltd. .. .. .WAYS ACC 10/3/46 15/7/57 Various 16/5/45 A.NCE INVE Various 15/5/48 15/6/47-49 15/7/57 15/9/48 15/8/57 15/12/50 30/11/48 31/5/54-58 Various OUNT % H 24 2 1 ISTMEN °/ /o ] H H 21 H 3 3 H 4 4 Var. £ 1,500,000 i. 730 475,000 £ 3,100,000 5,214 £ 1,500,000 475,000 £ 3,100,000 6,944 1,976,730 3,105,214 1,975,000 3,106,944 T ACCOUNT £ £ 9,207,000 4,830,000 6,000,000 542,000 27,917,660 1,158,340 2,100,000 250,000 1,494,500 555, 160 12,662,500 42,775,000 £ 9,207,000 4,830,000 6,000,000 542,000 27,917,660 1,158,340 2,100,000 250,000 1,494,500 555,160 12,662,500 42,775,000 £ 109,492,160 109,492,160 (a) Cost price, £421,642.

B—lo

Public Securities held by the Treasury— continued

14

Particulars of Security. Amount held as at 31st Marcli, 1945. Purchased or issued in Renewal. Sold, renewed, or redeemed. Amount held as at 31st March, 1946. Nature of Security. Maturity Bate. Kate of Interest. SECURITIES NOT INCLUDED IN INVES Held in New Zealand Local Authorities' Securities Hutt Road Act, 1915 Other Securities State Advances Corporation stock issued in the name of the Minister of Finance Ditto Agriculture Emergency Powers Act, 1934 : Miscellaneous advances Hawke's Bay Earthquake Act, 1931 : Miscellaneous advances General Purposes Relief Account: Advances Miscellaneous advances >TMENTS A 1 1/4/66 1/8/60 1/8/63 1/8/66 1/8/69 1/8/72 1/8/78 V arious CCOUN r % 4 Q3, "8 99 99 99 99 99 Var. 99 99 99 r—MISCELLi £ 60,000 6,484,850 5,060,000 6,500,000 6,500,000 5,750,000 7,000,000 28,131 496,726 42,610 62,376 £ 2,496 £ 2,133 33,992 4,204 52,263 £ 60,000 6,484,850 5,060,000 6,500,000 6,500,000 5,750,000 7,000,000 25,998 462,734 40,902 10,113 37,984,693 2,496 92,592 37,894,597

B—lo

SUMMARY OF PUBLIC SECURITIES HELD BY THE TREASURY

15

\ Natne of Investment Account. Amount held at 31st March, 1945. Purchased or issued in Renewal. Sold, renewed, or redeemed. Amount held at 31st March, 1946. Amount held at. 31st March, 1946. In New Zealand. In London. Ordinary Revenue Account .. .. Deposits Account Public Works Account Bank of New Zealand Shares Account Land for Settlements Account Loans Redemption Account Reserve Fund Account Social Security Fund Earthquake and War Damage Fund War Expenses Account Working Railways Account Public Account Cash Balance Investment Account Miscellaneous securities not included in investment accounts £ 2,830,000 6,761,468 750,000 2,109,375 600,000 2,500,000 2,254,714 2,000,000 4,270,000 14,000,000 1,976,730 £ 3,731,250 12,574,760 2,885,375 1,000,000 120,286 812,500 420,000 40,518,000 3,105,214 109,492,160 £ 3,530,000 11,991,220 750,000 600,000 2,500,000 2,000,000 49,000,000 1,975,000 109,492,160 £ 3,031,250 7,345,008 4,994,750 1,000,000 2,375,000 812,500 4,690,000 5,518,000 3,106,944 £ 2,000,000 7,345,008 4,994,750 1,000,000 4,270,000 5,518,000 3,106,944 £ 1,031,250 2,375,000 812,500 420,000 40,052,287 37,984,693 174,659,545 2,496 181,838,380 92,592 32,873,452 37,894,597 28,234,702 37,894,597 4,638,750 78,036,980 174,662,041 181,930,972 70,768,049 66,129,299 4,638,750

B—lo

PUBLIC SECURITIES HELD BY THE NATIVE TRUSTEE

16

Particulars of Security. Amount held as at Purchased or issued in Renewal, Sold, renewed Amount held as at Nature of Security. Maturity Date. Rate of Interest. 31st March. 1945. or redeemed. 31st*March, 1946. Held in New Zealand New Zealand Government Securities New Zealand Loans Act, 1932 (stock) " .. „ (Treasury bills) 10/3/46 10/3/47 0/ 70 3 1* 1 £ 11,830 170,000 £ 5,000 55,000 225,000 £ 225,000 £ 16,830 225,000 Local Authorities' Securities Local authorities' securities Various 4i 5,100 5,100 Miscellaneous Securities Advances to farm stations .. .. .. .. Mortgages „ (special investments) Properties acquired Various Var. H 129,938 372,211 350 16,212 *3,450 61 9,568 17,334 120,370 358,327 350 16,273 705,641 288,511 251,902 742,250

17

B—lo

PUBLIC SECURITIES HELD BY THE STATE ADVANCES CORPORATION OF NEW ZEALAND

2—B 10

Particulars of Security. Amount held as at 31st March, 1945. Purchased or issued in Renewal. Sold, renewed, or redeemed. Amount held as at 31st March, 1946. Nature of Security. Maturity Date. Rate of Interest. HOUSING B Held in New Zealand Local authorities' debentures Rural Housing Act, 1939 (debentures) Mortgages and debentures (dairy companies) REHABILITATE Held in New Zealand Loans for furniture .. .. .. Loans for tools of trade Loans for business Miscellaneous Supplementary loans RANCH Various ST DEPART! Various 0/ /o 3 3 3 AENT °/ /o Var. £ 449,051 145,447 6,693 i £ 156,700 9,950 £ 15,428 14,725 1,886 £ ' 590,323 140,672 4,807 601,191 166,650 32,039 735,802 £ 1 £ 699,009 9,423 860,805 15,793 417,161 £ £ 699,009 9,423 860,805 15,793 417,161 2,002,191 2,002,191

B—lo

PUBLIC SECURITIES HELD BY THE MARKETING DEPARTMENT

PUBLIC SECURITIES HELD BY MINES DEPARTMENT

18

Particulars of Security. Amount held as at 31st March, 1945. Purchased or issued in Renewal. Sold, renewed, or redeemed. Amount held as at 31sfc March, 1946. Nature of Security. Maturity Date. Rate of Interest. EXPORT Held in New Zealand New Zealand Loans Act, 1932 (Treasury bills) ,, (stock) INTERNAL MARK Held in New Zealand New Zealand Loans Act, 1932 (stock) DIVISION 10/3/46 10/3/47 15/2/50 15/4/50-51 ETING DIV: 15/6/47-49 15/4/59 % H l 2i 2} ISION % 2i 3 £ 3,500,000 5,500,000 £ 3,500,000 5,200,000 £ 3,500,000 £ 3,500,000 5,500,000 5,200,000 9,000,000 8,700,000 3,500,000 14,200,000 £ £ 1,755 250,000 £ £ 1,755 250,000 251,755 251,755

Particulars of Security. Amount held as at Purchased or issued in Renewal. Sold, renewed, Amount held as at Nature of Security. Maturity Date. Bate of Interest. 31st March, 1945. or redeemed. 31st March, 1946. Held in New Zealand State Coal-mines Account Mortgages : Housing loans to State coal-miners Mortgages and miscellaneous securities Various 0/ /o 4£ Var. 1 £ 62,756 8,669 £ 5,688 9,728 1 £ 5,710 3,214 £ 62,734 15,183 Mining Advances Account Mortgages with mining companies 5 14,910 14,910 Mines Department Miscellaneous securities Various Var. 111,115 10,144 22,934 98,325 197,450 25,560 31,858 1 191,152

B—lo

PUBLIC SECURITIES HELD BY THE PUBLIC TRUST OFFICE

19

Particulars of Security. Amount held as at 31st March, 1945. Purchased or issued in Renewal. Sold, renewed, or redeemed. Amount held as at 31st March, 1946. Nature of Security. Maturity Date. Rate of Interest. ■ Held in New Zealand % £ £ £ £ Mortgages Various Var. 13,348,956 618,345 1,389,692 12,577,609 Local authorities' securities » 7,435,192 141,251 437,444 7,138,999 New Zealand Government Securities New Zealand Loans Act, 1932 (Treasury bills) 10/3/46 100,000 100,000 99 99 ...... 10/3/46 n i£ 100,000 100,000 99 99 ...... 10/3/46 100,000 100,000 99 99 ...... 10/3/46 l .. 300,000 300,000 99 99 ...... 10/3/46 H 100,000 100,000 10/3/46 H 100,000 100,000 National Savings Bonds 9/12/45 200 200 27/3/49 100 100 Victory Bonds 15/6/50 3* 43 20 23 New Zealand Loans Act, 1932 (stock certificate) 15/4/50-51 2£ 50 50 ,, ,, ...... 15/4/56-59 3 50 50 „ (stock) 15/4/50-51 2i 1,530 1,530 99 99 • • • • • • • • 15/4/59 3 401,460 401,460 99 99 • • • • • • • • 15/11/60 3 14,660 14,660 99 99 • • * • • • • • 1/8/46 2i 70,170 10,250 80,420 99 99 • • • • • • • • 15/9/47 2i 21 24,380 35,520 59,900 99 99 • • • • • • • • 15/6/49 93,360 22,410 115,770 9 , . . . . . . . . 1/10/53 2i 135,995 18,120 154,115 1) 99 • • • • • • • • 15/7/45 3 400 " 400 15/12/56 3 39,365 7,720 47,085 99 99 • • • • • • • • 1/8/54 3 38,030 50,100 88,130 99 9 • • • • • • • • 15/8/57 3 1,931,000 480,000 2,411,000 99 99 • • • • • • • • 15/9/60 3i 1,356,460 10,620 1,367,080 99 99 15/1/57 H 4,023,355 15,740 4,039,095

B—lo

Public Securities held by the Public Trust Office— continued

20

Particulars of Security. Amount held as at Purchased or issued in Renewal. Sold, renewed, or redeemed. Amount held as at Nature of Security. Maturity Date. Rate of Interest. 31st March, 1945. 31st March 1946. Held in New Zealand —continued New Zealand Government Securities —continued % £ £ £ £ New Zealand Loans Act, 1932 (stock) 15/12/58 3 5,760 10,340 10,730 5,370 99 99 * • • * * ' • • 15/1/59 3i 688,180. 688,180 99 99 • • • • * * • • 1/4/46 4 3,694 237 3,931 79 99 * • • • * * 15/4/49 4 1,349,020 20,140 1,369,160 99 99 * * • ' * ' • * 15/6/55 4 700,090 20,495 720,585 •9 99 ' * 15/9/47 4 1,583,350 1,583,350 99 99 * * • * • * * * 15/5/52 4 325,340 28,245 353,585 99 99 * * * • • * • • 30/11/48 4 222,425 25,600 248.025 99 99 31/5/58 4 378,590 7,350 385,940 99 99 • * • • • • 15/5/48 2t 14,820 5,610 20,430 15/9/48 3 4,480 450 4,930 99 99 • • • * 15/9/55 3 65,330 12,100 77,430 99 99 15/5/56 3 8,940 3,350 12,290 99 99 • • • • • • • • 22/5/60 H 1,000 850 1,850 99 99 • • • • • • % • 15/2/50 2i 11,515 33,670 200 44,985 15/4/51 2i 1,940 610 2,550 99 99 * • * * * * 15/2/58 3 2,167,135 1,400 150 2,168,385 99 99 • • * * • • 15/4/63 3 3,256,035 2,700 3,258,735 State Advances Corporation of New Zealand (stock) , 1/9/60 1/6/44 3| 3i 132,000 800 132,800 Property acquired by foreclosure .. 259,789 10,445 30,070 240,164 Advances to protect security 47,371 10,991 12,456 45,906 Leasehold and freehold property and balance purchase-money on premises 345,705 11,032 21,853 334,884 sold Held in London / Midland Bank, Ltd. At call i 10,000 10,000 20,000* 40,279,472 2,644,284 2,403,215 40,520,541 * Equals £25,000 in New Zealand currency.

B—lo

Public Securities held by the Public Trust Office —continued (Included in foregoing return) Statement of Public Securities held by the Public Trustee in the Dominion of New Zealand as at 31st March, 1946 Mortgages Common Fund of the Public Trust Office— £ £ Flat mortgages .. .. .. .. .. .. 6,401,323 Instalment mortgages . . .. .. .. .. .. 3,352,242 Public Service Superannuation Fund .. .. .. .. .. 951,376 Teachers' Superannuation Fund .. .. .. .. .. 511,073 Railways Superannuation Fund .. . . .. .. .. 472,683 National Provident Fund .. .. .. .. .. 796,653 Land Settlement Finance Act associations .. .. .. .. 92,259 12,577,609 Local Authorities' Securities Common Fund of the Public Trust Office .. .. .. .. 5,896,795 Public Service Superannuation Fund .. .. .. .. .. 569,469 Teachers' Superannuation Fund .. .. .. .. .. 117,220 Railways Superannuation Fund .. .. .. .. .. " 175,857 National Provident Fund .. .. .. .. .. .. 379,658 7,138,999 Government Securities Common Fund of the Public Trust Office . . .. .. .. 7,881,154 Public Service Superannuation Fund .. .. .. .. .. 1,472,285 Teachers' Superannuation Fund .. .. .. .. .. 328,030 Railways Superannuation Fund .. .. .. .. .. 356,195 National Provident Fund .. .. .. .. .. .. 6,942,665 Public Debt Redemption Fund .. .. .. .. .. 3,049,850 20,030,179 State Advances Corporation of New Zealand Stock Common Fund of the Public Trust Office .. .. .. .. 2,100 Public Service Superannuation Fund .. .. .. .. .. 50,000 Teachers' Superannuation Fund .. .. .. .. .. 5,700 Railways Superannuation Fund .. .. .. .. .. 25,000 National Provident Fund .. .. .. .. .. .. 50,000 132,800 Properties acquired by Foreclosure Common Fund of the Public Trust Office .. .. ». .. 208,809 Public Service Superannuation Fund .. .. .. .. .. 27,652 Railways Superannuation Fund .. .. .. .. .. 3,600 National Provident Fund .. .. .. .. .. .. 103 240,164 Advances to protect Securities Common Fund of the Public Trust Office .. .. .. .. 45,479 Railways Superannuation Fund .. .. .. .. .. 427 45,906 Property Titles to freehold and leasehold property and balance purchase-money of premises sold 334,884 Total held in New Zealand .. .. .. .. 40,500,541 Securities held outside New Zealand Fixed-deposit Receipts £ Midland Bank, London .. .. .. .. .. .. .. *20,000

* Equals £25,000 in New Zealand currency.

21

B—lo

OTHER SECURITIES

22

Securities. Amount held at 31st March, 1946. Held in New Zealand Agriculture Department Promissory notes £ 766 State Forest Service Promissory notes 64,864 Native Department * Advances made under Part I and under section 340 of the Native Land Act, 1931, and Advances made under section 48 of the Native Land Amendment Act, 1936, and Advances under the Native Housing Acts, 1935 and 1938 2,426,804 Social Security Department Debentures, &c. 137,589 Public Works Department Main Highways Board agreements for advances Main Highways Board agreements for sale of plant Miscellaneous agreements Taieri River Trust (secured by statute) Soil Conservation and Rivers Control Council agreements for advances 23,067 20,582 6,530 79,800 21,075 Railways Department Mortgages under Government Railways Amendment Act, 1927 (section 15), and Government Railways Amendment Act, 1928 (section 8) 15 Department of Tourist and Health Resorts Mortgages 1,179 Lands and Survey Department Mortgages, &c. 559,084 3,341,355 * Most of the Advances under Part I of the Native Land Act, 1931, are secured by statutory charge {vide section 18 of the Native Land Amendment Act, 1936).

B—lo

SUMMARY OF SECURITIES HELD BY THE UNDERMENTIONED OFFICES AS ON 31st MARCH, 1946

Approximate Cost of Paper.—Preparation, not given ; printing (520 copies, £55)

By Authority: E. V. Paul } Government Printer, Wellington. —1946.

Price od.]

23

—- Held in Maturity Date. Rate of Interest. Amount held as at 31st March, 1945. Amount held as at 31st March, 1946. £ £ Post Office Dominion London Various 99 Various 99 149,225,284 2,260,495 188,948,109 2,825,619 State Fire Insurance Office Dominion 99 99 1,422,391 1,461,104 Government Accident Insurance 99 99 744,820 703,878 Office Treasury .. „ 99 99 61,251,016 66,129,299 Mines Office London 99 99 16,785,964 4,638,750 Dominion 99 99 197,450 191,152 Government Insurance Office London 99 9 9 99 99 11,678,215 625,900 12,013,035 782,375 Public Trust Office Dominion London 99 99 99 99 40,269,472 10,000 40,500,541 20,000 Native Trustee Dominion 99 99 705,641 742,250 State Advances Corporation (Hous- „ 99 99 601,191 735,802 ing Branch) Rehabilitation Department 99 99 2,002,191 Marketing Department (Export 99 99 9,000,000 14,200,000 Division) Marketing Department (Internal 99 99 251,755 Marketing Division) National Broadcasting Service 99 99 99 1,690,000 1,930,000 Miscellaneous » 99 99 3,315,495 3,341,355 299,783,334 341,437,215 1

This report text was automatically generated and may include errors. View the full page to see report in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/parliamentary/AJHR1946-I.2.1.3.10

Bibliographic details

PUBLIC SECURITIES HELD IN THE DOMINION OR ELSEWHERE AS ON THE 31st MARCH, 1946 (RETURN OF), TOGETHER WITH AN ACCOUNT OF ALL SECURITIES REDEEMED OR OTHERWISE DISPOSED OF DURING THE YEAR ENDED 31st MARCH, 1946, AS PROVIDED BY SECTION 107, SUBSECTION (2), OF THE PUBLIC REVENUES ACT, 1926., Appendix to the Journals of the House of Representatives, 1946 Session I, B-10

Word Count
4,249

PUBLIC SECURITIES HELD IN THE DOMINION OR ELSEWHERE AS ON THE 31st MARCH, 1946 (RETURN OF), TOGETHER WITH AN ACCOUNT OF ALL SECURITIES REDEEMED OR OTHERWISE DISPOSED OF DURING THE YEAR ENDED 31st MARCH, 1946, AS PROVIDED BY SECTION 107, SUBSECTION (2), OF THE PUBLIC REVENUES ACT, 1926. Appendix to the Journals of the House of Representatives, 1946 Session I, B-10

PUBLIC SECURITIES HELD IN THE DOMINION OR ELSEWHERE AS ON THE 31st MARCH, 1946 (RETURN OF), TOGETHER WITH AN ACCOUNT OF ALL SECURITIES REDEEMED OR OTHERWISE DISPOSED OF DURING THE YEAR ENDED 31st MARCH, 1946, AS PROVIDED BY SECTION 107, SUBSECTION (2), OF THE PUBLIC REVENUES ACT, 1926. Appendix to the Journals of the House of Representatives, 1946 Session I, B-10

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert