8.—14 a

16

Enclosure 2 in No. 14. Conversion op 1891. Statement showing the Amount of Debentures converted or to be converted, and the Amount of Stock to be inscribed. Debentures sent in for conversion to the Bank of England:— Amount of Amount of Debentures. Stock. 1. Loan of 1863,— £ £ £ March series (to 23rd June) .. .. .. .. 42,400 June series „ .. .. .. ..28,700 December series „ .. .. .. .. 4,400 75,500 Add 4 per cent for conversion .. .. .. .. 3,020 78,520 2. Loan of 1860 — July series (to 23rd June) .. .. .. .. .. 21,000 July series (to 10th July) .. .. .. .. .. 46,900 67,900 Add 4 per cent for conversion .. .. .. .. 2,716 — 70,616 3. Provincial loans (to 23rd June), — (a.) Lyttelton and Christchurch (1893) .. .. £200 Add 9 per cent, for conversion .. .. 18 218 Lyttelton and Christchurch (1894) .. .. 6,000 Add 11 per cent, for conversion .. .. 660 6,660 6,878 (6.) Auckland 11,800 Add 14 per cent, for conversion .. .. .. 1,652 13,452 (c.) Otago .. .. .. _ .. .. .. 23,700 Add 17£ per cent, for conversion .. .. .. 4,147 27,847 (d.) Canterbury .. .. .. .. .. .. 5,800 Add 36 per cent, for conversion .. .. .. 2,088 7,888 Total to 23rd June .. .. .. 56,065 (a.) Westland (still to be sent in) .. .. .. .. .. 50,000 Add 7j per cent, for conversion .. .. .. .. 3,750 53,750 258,951 4. Proportion of expenses,— Estimate, to be added, say .. .. .. .. .. .. 2,589 Total stock to be inscribed to 10th July .. .. .. .. £261,540

Enclosure 3 in No. 14. Statement showing the Amount of Debentures of the Loan of 1863 paid off by the Crown Agents up to 10th July, 1891. 1. March series,— £ £ Narration of 10th April .. .. .. .. .. .. 108,300 Narration of 24th June .. .. .. .. .. .. 2,500 110,800 2. June series, — Narration of 24th June .. .. .. .. .. .. 143,600 From 24th June to 10th July .. .. .. .. .. 5,100 148,700 259,500 Add 4 per cent, for conversion .. .. .. .. .. 10,380 Amount of stock to be inscribed to 10th July .. .. .. £269,880 Westminster Chambers, 10th July, 1891. F. D. Bell.

Enclosure 4 in No. 14. Statement showing the Dates and Amounts of Advances by the Bank of England on Conversion Account. June 2, 1891—Advance .. .. .. .. .. .. .. .. £100,000 „ 15, „ „ .. .. .. .. .. .. .. .. 50,000 „ 25, „ „ .. .. .. .. .. .- .. 25,000 „ 30, „ „ .. .. .. .. .. .. .. 20,000 July 3, „ 5,000 £200,000

Enclosure 5 in No. 14. Sic, — Downing Street, 27th June, 1891. In reply to your letter of the 22nd instant I enclose a statement showing the total amount of New Zealand 4-per-cent. inscribed stock remaining in the sinking fund of those series of the New Zealand loan of 1863 which fall due for repayment in 1891, from which it appears that, deducting the £25,000 of stock which remains to be sold out of the last £100,000 which we were authorised to sell, there is in the fund stock to the nominal amount of £92,663 19s. 2d. On the 24th instant the bonds outstanding amounted to £87,100, the equivalent of which, in stock at 95, is £91,684 4s. 3d. Deducting this from the total stock in the fund leaves £979 17s. lid. of stock available for release, The cash on deposit has already been paid to the Public Account.