8.—16

1898. NEW ZEALAND.

CONSOLS ACCOUNT. (RETURN FOR YEAR ENDED 31st MARCH, 1898.)

Presented to both Houses of the General Assembly in conformity with Clause 7 of " The New Zealand Consols Act, 1894."

Eetuen for the Financial Ybab ended 31st March, 1898, in conformity with Clause 7 of " The New Zealand Consols Act, 1894." Total amount of deposits received— Ist April, 1897, to 31st March, 1898... ... ... ... ... £58,780 0 0 Particulars of investments made on security of debentures as under— "The Government Loans to Local Bodies Act, 1886," 3|- per cent, per annum ... ... ... ... ... ... ... £27,900 0 0 " The Lands Improvement and Native Lands Acquisition Act, H94," 3f per cent, per annum ... ... ... ... ... 12,000 0 0 " The Land for Settlements Act, 1894," 3J per cent, per annum ... ... 43,000 0 0 Treasury bills, 3f per cent, per annum ... ... ... ... 50,800 0 0 £133,700 0 0* * This amount includes reinvestment of £75,000 which had fallen due during the year. Jas. B. Hbywood, Wellington, 27th April, 1898. Registrar New Zealand Inscribed Consols. Approximate Cost of Paper. —Preparation, not given; printing (1,435 copies), 18s. 6d.

By Authority: John Maokay, Government Printer, Wellington.—lB9B. Price, 3d.]