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The custodians in London hold debentures to the nominal value of £43,000 and New Zealand Inscribed Stock 5| per cent, to the nominal value of £35,400 on behalf of the Public Trustee, New Zealand 4-per-cent. stock to the value of £7,000 on behalf of the Public Works Department. War bonds to the value of £20,200 are held by the Bank of New Zealand, London, as security for fixed deposits made from Public Trustee Account. Mortgages and bills of sale securing advances made under the Discharged Soldiers Settlement Acts, 1915-22, are held in the District Land Offices. G. F. C. Campbell, Controller and Anditor-General.

SUMMARY OF PUBLIC SECURITIES HELD BY THE OFFICES UNDERMENTIONED. As on the 31st March, 1928.

By Authority: W. A. G. Skinner, Government Printer, Wellington.— 1928.

Approximate Cost of Paper.—Preparation, not given; printing (477 copies), £78.

Price Is.]

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Securities held as at 31st March, 1927. ' Securities pmchased or issued in j Securities sold, renewed, or redeemed. Securities held as at 31st March, 1928. Held in ! Maturity Rate of Maturity Rate of Maturity Rate of Maturity Bate of . „ „ Date. Interest. Amount. Date . Interest. Amount. Date interest. Amount. Date / interest. Amount. £ £ £ £ Post Office .. .. .. .. Dominion Various Various 46,519,472 Various Various i 7,642,486 Various Various 8,481,956 Various Various 45,680,002 .. London „ „ 3,436,846 „ „ .. „ „ .. „ „ 3,436,846 Public Trust Office .. .. .. Dominion „ „ 26,211,742 „ „ 4,277,737 „ ,, 2,019,648 „ „ 28,469,831 „ .. .. .. London „ „ 54,000 „ ,, 269,500 „ „ 303,500 „ „ 20,000 State Advances Office .. .. .. Dominion „ „ 35,207,537 ,, „ 2,793,030 „ „ 1,453,404 „ „ 36,547,163 Government Insurance Office .. .. „ „ „ 5,546,051 „ „ 730,076 „ „ 441,926 „ „ 5,834,201 .. London „ „ 625,900 „ .. „ „ .. „ „ 625,900 Government Accident Insurance Office .. Dominion „ „ 209,395 „ „ 34,200 „ „ 18,609 „ „ 224,986 State Fire Office .. .. .. „ „ „ 614,662 „ „ 58,174 „ „ 52,720 „ „ 620,056 Native Trust .. .. .. .. „ „ „ 753,072 „ ,, 27,768 „ „ 48,900 „ „ 731,940 Commissioners Public Debts Sinking Funds .. „ „ „ 202,500 „ „ 66,950 ,, „ 49,550 „ „ 219,900 Mines Department .. .. .. „ „ „ 29,405 „ „ 13,578 „ „ 4,162 „ „ 38,821 Treasury .. .. .. .. Dominion „ „ ll,417,165f „ „ 34,168,395 „ „ 33,655,077 „ „ *11,930,483 and London Miscellaneous .. .. .. .. Dominion „ „ 19,107 „ „ 200 „ „ 500 „ „ 18,807 Totals .. .. .. .. .. .. 130,846,794 .. .. 50,082,094 .. .. 46,529,952 .. .. 134,398,936 * Includes £4,374,264 held in London. t Includes £233,734 shown as a footnote in return of 31st March, 1927, and Bank of New Zealand Shares (nominal value £2,050,781) which were included at cost price (£1,800,781) in return of 31st March, 1927.