P.—B

10

VI. — Statement, &c. —continued.

H. W. Primrose, Chairman Examined and found correct. —G. H. Hunt, Auditor. Pacific Cable Board, 15th July, 1913.

No. 2. The Secretary, Pacific Cable Board, London, to the Hon. the Postmaster-General, Wellington. Sim, — Queen Anne's Chambers, London S.W., 24th March, 1914. I have the honour to inform you that Sir Henry Babington Smith, X.C.8., C.5.1., has been appointed Chairman of the Board in place of the Right Hon. Sir H. W. Primrose, P.C., X.C.8., resigned. I have, &c, The Hon. the Postmaster-General, Wellington. Fred. J. Adtk, Secretary. [Acknowledged, 7th May, 1914.1 [P. & T. 11/103.] -

Details of Securities. Balance on 31st March, 1912. Securities purchased during Period of Account. Total. Securities sold or redeemed during Period of Account. Balance on 31st March, 1913. Value at Market Price on 31st March, 1913. Bank of England stock Oocal loans 3-per-cent. stock Guaranteed 2|-per-cent. stock India 3-per-cent. stock India 3J-per-cent. stock Metropolitan Water Board 3-per-cent. B stock Straits Settlements 3J-per-cent. stock Victoria 3-per-cent. stock Victoria 3J-per-cent. stock New South Wales 3-per-cent. stock New South Wales 3J-per-cent. stock Queensland 3-per-cent. stock .. Queensland 3J-per-cent. stock South Australia 4 - per - cent. stock Canada 3-per-cent. stock Canada 3J-per-cent. stock Canada 4-per-cent. debenture bonds Canadian Northern Railway 3-per-cent. first-mortgage debenture stock (guaranteed by the Canadian Government) Grand Trunk Pacific Railway 3 - per - cent. first-mortgage sterling bonds (guaranteed by the Canadian Government) New Zealand 3-per-cent. stock New Zealand 3J-per-cent. stock New Zealand 4-per-cent. debenture stock Bank of New Zealand 4-per-cent. guaranteed stock £ s. d 11,500 0 ( 14,000 0 ( 1,100 0 ( 12,000 0 ( 8,000 0 ( 4,000 0 ( 12,200 0 ( 10,750 0 ( 20,000 0 ( 12,000 0 ( 20,150 0 ( 7,500 0 ( 20,000 0 ( 16,000 0 ( 20,000 0 ( 34,400 0 C 9,000 0 ( 11,000 0 ( 13,000 0 C 1,000 0 ( 18,180 0 C 14,000 0 ( 1,500 0 C £ s. d. 11,500 0 0 14,000 0 0 1,100 0 0 12,000 0 0 8,000 0 0 4,000 0 0 12,200 0 0 10,750 0 0 20,000 0 0 12,000 0 0 20,150 0 0 7,500 0 0 20,000 0 0 16,000 0 0 1. £ 8. d. 0 .. 1 0 .. 10 0: .. l: 0 .. ! 0 0 .. 1! 0 .. l< 0 .. 21 o .. i: 0 .. 21 0 0 .. 21 0 .. ll 0 .. 2( 0 .. 3< 0 .. ! 0 .. 1] 0 .. li o .. : o .. ii 0 .. l< o .. : £ 8. d. £ s. d. 11,500 0 0i 14,000 ' 0 0 ! 1,100 0 0 12,000 0 0| 8,000 0 0| 4,000 0 0 1 12,200 0 0j J 10,750 0 0J 20,000 0 0 12,000 0 0 20,150 0 0 7,500 0 0 20,000 0 0 16,000 0 0 £ s. 11,500 0 L4.000 • 0 1,100 0 [2,000 0 8,000 0 4,000 0 :2,200 0 10,750 0 !0,000 0 [2,000 0 50,150 0 7,500 0 !0,000 0 L6.000 0 !0,000 0 14,400 0 9,000 0 1,000 0 .3,000 0 1,000 0 18,180 0 14,000 0 1,500 0 d.j £ s. d o| 0 9,000 0 ( Oj 0| 5,000 0 C 0| 8,000 0 C 0 1 4,000 0 C 0j 12,200 0 C 01 0 10,000 0 C 0 5,000 0 C 0 10,000 0 C 0 0 13,000 0 C 0 12,000 0 0 0 20.000 0 0 0 15,000 0 C 0 9,000 0 0 0 0 0 0 18,180 0 C 0 10,000 0 C 0 £ s. d. £ s. d. 11,500 0 0 ' 9,000 0 0 5,000 0 0 1,100 0 0 5,000 0 0 7,000 0 0 8,000 0 0 4,000 0 0| j 12,200 0 0 I ! 10,750 0 Oi 10,000 0 01 10,000 0 01 5,000 0 0| 7,000 0 01 10,000 0 0 10,150 0 0 7,500 0 0 13,000 0 0 7,000 0 0 12,000 0 Oj 4,000 0 0 236J 85J m 76 236J 85J m 76 I 78 91 82 90 77 90 ! 98 j 78 91 82 90 77 90 98 £ s. d. 27,197 10 0 4.262 10 0 819 10 0 5,320 0 0 8,385 0 0 9,100 0 0 5,740 0 0 9,135 0 0 5,775 0 0 6.300 0 0 3,920 0 0 20,000 0 0 34,400 0 0 9,000 0 0 20,000 0 0 34,400 0 0 9,000 0 0 20.000 0 0i 15,000 0 0 19,400 0 0 9,000 0 0 94 94 18,236 0 0 11,000 0 0 11,000 0 0 11,000 0 0 77 77 8,470 0 0 13,000 0 0 13,000 0 0 13,000 0 0 77 I 10,010 0 0 j 1,000 0 0 18,180 0 0 14,000 0 0 1,000 0 0 18,180 0 0 14,000 0 0 1,000 0 0 18,180 0 0 10,000 0 0 4,000 0 0 78 780 0 0 100 J 4,000 0 0 1,500 0 0 1,500 0 0 1,500 0 0 99 1,485 0 0 291,280 0 0 ! 291,280 0 oj [l60,380 0 0 130,900 0 0 .. j 128,935 10 0