F.—B,

8

VI. —Statement showing (a) the Securities purchased and sold, and (b) the Sums received and expended on account of the Cable Repair—Reserve and General Renewal Fund for the Year ended the 31st March, 1907.

S. Walpole, Chairman. Examined and found correct.—G. H. Hunt, Auditor. Pacific Cable Board, 25th June, 1907.

Securities purchased. (For Details see below.) Cash Receipts. Securities sold. (For Details see below.) Cash Payments. £ s. d. 89,500 0 0 £ s. d. 2,750 12 6 Invested in securities, viz. :— £2,500 Victoria 3-per-cent. stock at 90| £4,250 Victoria 3-per-cent. stock at 88 J £1,100 guaranteed 21-per-cent, stock at 89 £1,500 Bank of New Zealand 4-per-cent. guaranteed stock at 102^ £3,000 New Zealand 4-per-cent, debenture stock at 102 £10,000 New Zealand 4-per-eent. debenture stock at 101A 12,000 India 3-per-cent. stock at 88 -J £ s. d. Balance on 31st March, 1906 Transferred from the account of annual expenses (Statement IV) Interest on securities Securities purchased (as per contra) 34,350 0 0 33,000 0 0 3,700 11 10 2,265 13 6 3,755 19 9 979 0 0 1,555 0 0 3,060 0 0 10,150 0 0 10,665 1 0 Balance on 31st March, 1907 123,850 0 0 32,430 14 3 7,020 10 1 123,850 0 0 39,451 4 4~1 123,850 0 0 39,451 4 4 Details of Securities. Balance on 31st March, 1906. Se Pi duri of ecurities urchased ing Period Account. Total. Securities sold during Period of Account. Balance on 31st March, 1907. Va SKI lue at Market Price on 1 March, 1907. Bank of England stock Victoria 3 - percent, stock Victoria cent. stock New South Wales 3-per-cent. stock New South Wales 4 - per - cent. Treasury bills Queensland 3-per-cent, stock New Zealand 3-per-cent. stock j New Zealand 3J- ( per-cent. stock New Zealand 4- j per-cent. debenture stock New Zealand 4-per-cent. Treasury bills Bank of New Zealand 4-per-cent, guaranteed stock Canadian 3-per-cent, stock Canadian Northc rn Railway 3-per-cent. debenture stock (guaranteed by the Canadian Government) M e t r o p o 1 itan Water Board 3-per-eent. stock; Local loans 3-per-cent. stock Guaranteed 2f-per-cent. stock India 3-per-cent. j stock £ s. d. 11,500 0 0 £ s. d. £ s. d. 11,500 0 0 £ s. d. 11,500 0 0 271* £ s. d. 31,222 10 0 4,000 0 0 6,750 0 0 10,750 0 0 10,750 0 0 87 9,352 10 0 1,000 0 0 1,000 0 0 1,000 0 0 99 990 0 0 5,000 0 0 5,000 0 0 5,000 0 0 86i 4,325 0 0 8,500 0 0 8,500 0 0 8,600 0 0 99| 8,478 15 0 7,500 0 0 7,500 0 0 7,500 0 0 86$ 0,459 7 6 1,000 0 0 1,000 0 0 1,000 0 0 86 860 0 0 4,000 0 0 4,000 0 0 4,000 0 0 99| 3,990 0 0 1,000 0 0 13,000 0 0 14,000 0 0 14,000 0 0 par 14,000 0 0 4,000 0 0 4,000 0 0 4.000 0 0 99| 3,990 0 0 1,500 0 0 1,500 0 0 1,500 0 0 102 1,530 0 0 20,000 0 0 20,000 0 0 20,000 0 0 i 19,600 0 0 98 6,000 0 0 6,000 0 0 li.000 0 0 88 5,280 0 0 2,000 0 0 2,000 0 0 2,000 0 0 | 1,795 0 0 89| 14,000 0 0 14,000 0 0 14,000 0 0 96f 13,492 10 0 1,100 0 0 1,100 0 0 1,100 0 0 85 A 940 10 0 I 12,000 0 0 12,000 0 0 12,000 0 0 89$ 10,785 0 0 ! 89,500 0 0 34,350 0 0 123,850 0 0 123,850 0 0 137,091 2 6