MR. EITZIIERBERT'S MISSION TO ENGLAND

B.—No. 4;

19

Eor every 100 Nelson 8 per cents., issued under Loan Ordinance, 1864, and payable in 1881, holders may receive 124 new 5 per cents. Interest on the new 5 per cents, will commence from the 15th January, 1869, and all interest accrued prior to that date on such of the old debentures as may be converted will be paid to the. respective holders at existing rates. The bonds will be made to represent sums of £1,000, £500, £200, and £100 respectively ; and fractions of the latter amount which may be unavoidable in the conversion will be adjusted either by the issue of one bond more or less, and by the payment of the difference in money, at the time of conversion. The annual drawings will take place in the month of March, commencing in 1869, and will be conducted in the presence of the Crown Agents of the Colonies, of any debenture-holders who may be pleased to attend, and of a notary public. The debentures drawn will be paid off at par, on the 15th April following, together with the interest due thereon. The days on which such drawings are to take place, and the numbers and values of the debentures drawn, will be duly notified by advertisement in the London Gazette and the Times. Applications for conversion on the foregoing terms will be received until the 31st December next, and the undersigned are authorized by the Hon. W. Fitzherbert, Einancial Agent of the Colony, to state that the offer to exchange bonds will be finally closed by him on that day. Scrip certificates will at first be issued in exchange for the bonds withdrawn, and these will afterwards be replaced by debentures of the new issue. The old securities of the General and Provincial Governments of the various denominations still in circulation amount to £1,876,200. The now 5 per cent. Consols already issued amount to £3,980,200. Forms of application and further particulars with regard to the public debt and resources of the Colony, may be had on. application to the Crown Agents ; or to the brokers, Messrs. Mullens, Marshall, Daniell, and Co., 3 Lombard Street; and Messrs. J. and A. Scrimgeour, 18 Old Broad Street, London, where copies of the Acts authorizing the conversion and consolidation of the New Zealand loans may also be seen. Penrose G. Julyan, ) Crown Agents for W. C. Sargeaunt, j the Colonies. Offices of the Crown Agents for the Colonies, Spring Gardens, London.

Sub-Enclosure F. Old Debts of New Zealand, General and Provincial, showing the State of the Sinking Funds.

Ann Ka lual ite. Total Amount. Assim: in Sinkin applies ilation ig Funds ible to Government. Acts or Ordinances. Total Amount originally Issued. be m £ &J0 3 6 To o O a 3 be 0;| O ™ pq T3 O £ 150,000 £ 6 2 £ 54,500 £ 95,500 £ 16,223 £ 9,257 reneral .., Loan Act, 1860 Ditto ... Loan Act, 1863 ... j 1,000,000 1,500,000 5 6 1 2 431,800 911,400 568,200 588,600 28,955 22,782 17,545 22,987 30 June, 1868 15 Jan., • 1869 15 Dec. 1868 30 June, 1868 uieklanl ... Loan Act, 1863 500,000 6 2 461,250 38,750 2,851 33,941 'aranaki ... Ordinance, 1863 Wellington Loan Ordinance, 1854-5, Nos. 6 and 9, Sess. 1 and 2. Ditto ... Ordinance, 1862, Sess. 9, No. 11. Ditto ... Ordinance, 1866, No. 3, Sess. 14. felson ... Ordinance, 1858 Ditto ... Ordinance, 1864 ianterbury ... Ordinance, 1856, Sess. 7, No. 3 DittoKaitway Christchurch Railway Loan Act, 1860. Ditto ... Ordinance, 1862 )tago... ... Loan Ordinance, 1856 Ditto ... Ordinance, 1861-2 Ditto ... Ditto Ditto ... Public Buildings Loan Ordinance, 1862. Ditto ... Loan Ordinance, 1862 Ditto ... Harbour Works Ordinance, 1862. 38,750 49,900 25,000 50,000 28,300 10,000 30,000 250,000 7 8 8 8 8 8 8 6 4 2 2 2 4 2 3,150 32,350 15,400 36,500 12,300 2,600 19,100 162,100 35,600 17,550 9,600 13,500 16,000 7,400 10,900 87,900 2,731 991 4,414 5,086 4,384 729 7 ',734 9,378 1 3 CO r-i o J m "1 oo CO GO rH L © r 0 1-5 O CO 233,400 10,300 43,000 7,000 50,000 6 10 8 8 8 1 209,700 7,100 7,900 1,000 9,550 23,700 3,200 35,100 6,000 40,450 1,378 12,188 3 3 3 500,000 50,000 6 8 1 3 354,500 3,350 145,500 46,650 11,266 27,450 . joans supposed to be in circulation, but from -which nothing has been withdrawn : — Nelson, — Expiiing 1 July, 1869 Ditto 1 January, 1876 4,525,650 ;2,735,550 1,790,100 90,677 145,593 700 10,000 Total 4,536,350 P. G. Jtoxan, Crown Agent for the Colonies.