B.—ll

Session 11. 1921. NEW ZEALAND.

INVESTMENT OF DEPARTMENTAL FUNDS (RETURN SHOWING).

Presented to both Houses of the General Assembly pursuant to Section 91 of the Public Revenues Act. 1910.

Return showing the Investments of the Funds of the Post Office, Public Trust, Commissioners of Public Debt Sinking Funds, and New Zealand Consols during the Financial Year ended 31st March, 1921.

Compiled from returns rendered. G. F. C. Campbell, Secretary to the Treasury. J. J. Esson, The Treasury, 13th July, 1921. Accountant to the Treasury. Audited and found correct. —Robert J. Collins, Controller and Auditor-General.

Commissioners Rate of p , „ ffi Public of In vestments. Interest i,"iW, Trustee's Public Debt percent. Account. Account. Sinking Funds Account. Rate of Interest percent. New Zealand Consols Account. lovernment securities — £ £ £ Aid to Public Works and Land Settlement Act, 1912 .. 4J 11,200 Aid to Water-power Works Act, 1910.. .. .. 4J 20,000 Discharged Soldiers Settlement Loans Act, 1919 (section 4) 4J 950,000 „ 1919 „ 4 100,000 1920 .. j 4J 250,000 Discharged Soldiers Settlement Loans Act, 1920 (Post 51 154,500 Office Investment (ertificates) Education Purposes Loans Act, 1919 .. .. .. 4J 80,000 1919 .. .. 5 60,000 Finance Act, 1918 (No. 2) (section 29), (Public Works) .. 41 200,000 1918 „ (section 32), (State Forests) .. 41 50,000 1918 „ (Part IV) .. .. .. 4J 500 1918 „ „ (War Loan Certificates) 41 257,740 1920 (section 15), (Public Works) .. 4J 570,000 1920 „ „ .. 5 349,240 Fishing Industry Promotion Act, 1919 .. .. 41 520 Hauraki Plains Amendment Act, 1913, and Appropriation 41 34,000 Act, 1918 (section 43) Housing Act, 1919 (section 30) .. .. .. 4J 180,000 1919 (section 46) .. .. .. 41 3,150 Land for Settlements Act, 1908 .. .. .. 4 2,500 Land Laws Amendment Act, 1913 .. .. .. 4J 21,200 Land Laws Amendment Act, 1913, and Appropriation 4J 10,000 Act, 1918 (section 42) Mining Amendment Act, 1913, and Amendment Act, 1919 41 10,000 Native Land Amendment Act, 1913 .. .. .. 4J 70,000 New Zealand State-guaranteed Advances Acts, 1909-10 4 .. .. 1,000 (Land for Settlements Branch) Public Revenues Act, 1910 (section 39) .. .. 4J 1,950,000* Railways Improvement Authorization Act, 1914 .. 5 30,000 Rangitaiki Land Drainage Amendment Act, 1913, and 5 10,000 Finance Act, 1920 (section 16) Swamp Drainage Act, 1915, and Appropriation Act, 1918 41 50,000 (section 46) Swamp Drainage Act, 1915, and Appropriation Act, 1918 5 5,000 (section 46) Waihou and Ohinemuri Rivers Improvement Act, 1910 .. 41 20,000 Waihou and Ohinemuri Rivers Improvement Act, 1910, li .. .. 2,500 and Finance Act, 1919 (section 6) War Purposes Loan Act, 1917 .. .. ..41 200 War-loan certificate (O 14849) .. .. 41 80 New Zealand Inscribed Stock Act, 1917 (War Expenses) 41 301,040 New Zealand Inscribed Stock Act, 1917, and Finance Act, 5 350,000 .. 7,650 1919 (section 5), (l'.W.) New Zealand Inscribed Stock Act, 1917, and Electric- 5 1,022,200 power Works loan Act, 1919 British War-loan Stock (nominal value, £421,052 12s. 8d.) 5 400,000 Mortgages on property .. .. •• .. 5J .. 53,000 Totals .. .. .. .. .. 17,523.130 53,000 11,150 £ 11,150 * This investment was redeemed during the financial year 1020-21.