H.—25

21

(3.) 1882-83 Loan: £200,000, at 5 per Cent. £ s. d. £ s. d. Balance, 31st December, 1893 .. .. 710 0 By Coupons paid during year .. .. 5,322 10 0 Transferred from General Account — Balance .. .. .. .. 10 0 0 Ist January, 1894—£106,500, at 5 per cent. 2,662 10 0 Ist July, 1894—£106,500, at 5 per cent. .. 2,662 10 0 £5,332 10 0 - £5,332 10 0 (4.) 1885 Consolidated Loan: £699,000, at 5 per Gent. £ s. d. £ s. d. Balance, 31st December, 1893 .. .. 65 0 0 By Coupons paid during year .. .. 18,985 0 0 Transferred from General Account— Balance .. .. .. .. 10 0 0 Ist January, 1894—£378,600, at 5 per cent. 9,465 0 0 Ist July, 1893—£378,600, at 5 per cent. .. 9,465 0 0 £18,995 0 0 £18,995 0 0

4. Sinking Fund. £ s. d. £ s. d. Balance, 31st December, 1893 .. .. 58 13 8 Funds released in respect of bonds drawn Transferred from General Account .. 5,514 7 6 and paid off, refunded to General Account 5,500 0 0 Balance, 31st December, 1894 .. .. 73 1 2 £5,573 1 2 £5,573 1 2

Balances, Bank, etc. ' ' ' £ s. d. £ s. d. Interest Account, No. 1 .. .. 12 0 0 Dr. General Account .. .. .. 2,099 0 1 No. 2 .. .. 39 0 0 London Coupon Account .. .. 71 0 0 „ No. 3 .. .. 10 0 0 Cash, Government Conversion Account, No. 4 .. .. 10 0 0 London .. .. .. .. 10,974 0 3 Sinking fund .. .. .. .. 73 1 2 Debenture Burchaso Account, London .. 3,454 4 7 Bank of New Zealand— Bills receivable .. .. .. 165 0 0 Special Cash-payment Conversion Ac- * Government railway refund .. .. 35 0 0 count .. .. .. .. 10,974 0 3 *In hands of Treasurer .. .. 19 3 6 Special Debentures Burchase Account.. 3,454 4 7 Bank of New Zealand, Dunedin .. 2,025 9 5 Outstanding cheques .. .. .. 219 13 0 £16,817 8 5 £16,817 8 5 * The 31st December being a bank holiday this item does not appear in the bank account until 2nd January, 1895. John L. Gillies, Treasurer. Examined and found correct.—James Edwaed FitzGeeald, Controller and Auditor-General. 1 hereby certify that the audited accounts for the year ending 31st December, 1894, were duly passed by the Board this day, the statutory notice for which was published as required by law.— Hugh Goueeey, Chairman.

Statement of Assets and Liabilities, 31st December, 1894. Assets. £ s. d. Liabilities. £ g. d. Refund payable by Government Railway Bank of New Zealand— Department .. .. .. 35 0 0 Cash-payment Conversion Account .. 10,974 0 3 Bills receivable in hands of Board's solici- Sinking Fund Debenture Burchase Actors .. .. .. .. 165 0 0 count .. .. .. .. 3,454 4 7 Bank of New Zealand Coupon Account, Bank of New Zealand, Dunedin .. 2,025 9 5 London .. .. .. .. 71 0 0 Outstanding cheques .. .. .. 219 13 0 Payments in hands of Treasurer .. 19 3 6 „ coupons .. .. .. 71 0 0 Balance in hands of Collector .. .. 57 9 8 Sinking fund .. .. .. .. 73 1 2 Balances, outstanding accounts — Loan debentures issued .. .. 686,900 0 0 Dues and berthage .. .. .. 2,684 19 6 Outstanding accounts (approximate) .. 20 0 0 Receiving and delivering .. .. 127 0 9 Bonds drawn for payment outstanding, Towage .. .. .. .. 88 6 2 31st October, 1894 .. .. .. 1,100 0 0 Cranage .. .. .. .. 110 0 Rents .. .. .. .. 337 0 8 Sundries .. .. .. .. 45 9 0 126 Consol bonds released by cash-payment conversion (par) .. .. .. 12,600 0 0 2 Consol bonds released by bonus on bonds paid off .. .. .. .. 200 0 0 33 Consol bonds held against purchase of 6-per-cent. debentures .. .. 3,300 0 0 Land purchased at Kilgour Point .. 1,700 0 0 Heads .. .. 100 0 0 Pelichetßay .. 250 0 0 £21,781 19 3 £704,837 8 5 John L. Gillies, Treasurer. Examined and found correct.—Jambs Edwaed FitzGeeald, Controller and Auditor-General.