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PAPERS RELATIVE TO

Enclosure No. 14. Stock Exchange quotations of New Zealand Consolidated 5 per Cents. 1868. May 19. £10 paid ... ... ... ... 1 to 1 prem. 26. „ ... ... ... ... 1 „ 1 „ June 2. „ ... ... ... ... j- „ U „ 9. £35 paid ... ... ... ... U „ If „ 23. £60 paid ... ... ... ... 11 „ 2 July 1. „ ... ... ... ... 1 „ 2 „ 8. £85 paid ... ... ... ... 1 „ 2 „ 14. 1 2 21. Fully paid up" .'..' ... ... 971 " 981 28. ■ „ ... ... ... ... 971 „ 981 Aug. 4. „ ... ... ... ... 971 „ 981 11. „ ... ... ... ... 971 „ 981 18. „ ... ... ... ... 971 „ 981 20. „ ... ... ... ... 971 „ 981 Sept. 1. „ ... ... ... ... 971 „ 981 9. „ ... ... ... ... 971 „ 981 15. „ ... ... ... ... 971 „ 981 22. „ ... ... ... ... 971 „ 981 29. „ ... ... ... ... 971 „ 981 Oct. 6. „ ... ... ... ... 98 „99 10. ~ ... ... ... ... ~ 98^ 20. „ ... ... ... ... 961 „ 971 ex interest. 27. „ ... ... ... ... 97 „98 Nov. 3. „ ... ... ... ... 961 „ 971 10. „ ... ... ... ... 961 „ 971 17. „ ... ... ... ... 961 „ 971 24. „ ... ... ... ... 961 „ 971 Dec. 2. „ ... ... ... ... 96 „97 8. „ ... ... ... ... 96 „ 97 16. „ ... ... ... ... 951 „ 961 22. „ ... ... ... ... 95 „96 29. „ ... ... ... ... 941 „ 951 Jan. 6. „ ... ... ... ... 94 „95 12. „ ... ... ... ... 94 „95 iy. 5j ... ... ... ... ;j y^a" 26. „ ... ... ... ... 921 „ 931 Eeb. 2. • „ ... ... ... ... 931 „ 941 9. „ ... ... ... ... 93 „94

Enclosure No. 15. Messrs. Julxan and Saegeaunt to the Hon. W. Fitzheebeet. Offices of the Crown Agents for the Colonies, Sic, — Spring Gardens, London, S.W., 21st July, 1868. I transmit herewith for your information, copy of a letter received from the Secretary to the Bank of England, in reply to one sent to the Governor by the Crown Agents, declining to exchange the Imperial guaranteed 4 per cent. New Zealand bonds held by them for the new 5 per cent, consolidated debentures of the General Government of that Colony. I have, &c, The Hon. W. Fitzherbert. W. C. Saegeaunt. Mr. Hammond Chubb to the Ceown Agents for the Colonies. G-entlemen,— Bank of England, E.C., 15th July, 1868. I am directed by the Governor to acknowledge the receipt of your letter of yesterday's date inquiring whether the Bank would be prepared to exchange the Imperial guaranteed New Zealand Government 4 per cent, debentures which they at present hold, for New Zealand Government 5 per cents., to be issued under an Act of the New Zealand Legislature for raising a loan towards the conversion, &c, of former loans of that Colony; and in reply I am instructed to inform you that the Bank decline to make the exchange proposed. I have, &c, Hammond Chubb, The Crown Agents, &c. Secretary.

Enclosure No. 16. Messrs. Julyan and Saegeaunt to the Hon. ~W. Eitzheebeet. Offices of the Crown Agents for the Colonies, Sic,— Spring Gardens, London, S.W., 30th July, 1868. I transmit for your information copy of a letter received by the Crown Agents from the