FINANCIAL STATEMENT (TABLES IN CONNECTION WITH A, MADE BY THE HON. THE COLONIAL TREASURER).

Appendix to the Journals of the House of Representatives, 1879 Session I, B-01

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1879. NEW ZEALAND.

FINANCIAL STATEMENT (TABLES IN CONNECTION WITH A, MADE BY THE HON. THE COLONIAL TREASURER).

THE PUBLIC DEBT OF NEW ZEALAND ON 30th JUNE, 1879. COMPARATIVE STATEMENT OE ESTIMATED AND ACTUAL EXPENDITURE OE CONSOLIDATED FUND FOR THE FINANCIAL YEAR 1878-79. COMPARATIVE STATEMENT OF ESTIMATED AND ACTUAL GROSS ORDINARY REVENUE OF CONSOLIDATED FUND FOR THE FINANCIAL YEAR 1878-79. COMPARATIVE STATEMENT OF ESTIMATED AND ACTUAL NET RECEIPTS OF CONSOLIDATED FUND FOR THE FINANCIAL YEAR 1878-79. STATEMENT SHOWING TOTAL WAYS AND MEANS OF PUBLIC WORKS FUND; TOTAL NET EXPENDITURE TO 30th JUNE, 1879 ; AND BALANCE AVAILABLE FOR APPROPRIATION. Laid on the Table by Hon. Sir George Grey, with leave of the House, Ith August, 1879.

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THE PUBLIC DEBT OF NEW ZEALAND ON 30TH JUNE, 1879.

Annual Ciiaeoe. Debentures and Teeasuey Bills in Circulation. Loans. Sinking Funds Accrued. Net Indebtedness. Inteeest. Sinking Fund. When Redeemable. Total. Amount. ;ate. Amount. Rate. Amount. Undeb Acts ov the Colonial Government :— Ordinance of Legislative Council... f New Zealand Loan Act, 1856 ... < £ £ 311 £ s. d. £ s. d. 311 0 0 i. cent. j £ s. d. p. cent. £ s. d. £ s. d. 375.000 ■ 25,000 50,000 50,000 J J 500,000 On presentation January, 1888 October, 1888 October, 1889 June, 1891 L L 338,447 8 9 161,552 11 3 4 20,000 0 0 2 10,000 0 0 30,000 0 0 New Zealand Loan Act, 1860 r 488,000 ' 500,000 201,500 236,000 93,900 "1 93,100 1 July, 1891 15 July, 1914 1 November, 1915 15 March, 1891 15 June, 1891 15 December, 1891 55.577 4 3 "1 37,522 15 9 6 5 4 6 6 6 5,586 0 0 24,400 0 0 20,000 0 0 12,090 0 0 14,160 0 0 5,634 0 0 2 1 1 2 2 2 1,862 0 0 4,880 0 0 5,000 0 0 4,030 0 0 4,720 0 0 1,878 0 0 I 7,448 0 0 29,280 0 0 25,01 0 0 0 16,120 0 0 18,880 0 0 7,512 0 0 New Zealand Loan Act, 1863 ... 1 r J 1,519,400 [ 374,886 3 5 1,144,513 16 7 Consolidated Loan Act, 1867 ... -j 4,583,100 64,000 13,000 J 4,660,100 36 years from issue 1 January, 1893 15th April, 1913 5 5 4 229,155 0 0 3,200 0 0 520 0 0 1 i 45,831 0 0 274,986 0 0 3,200 0 0 520 0 0 Defence and Other Purposes Loan Act, 1870 -I 600,000 50,000 20,000 75,000 5,000 250,000 1,000,000 36 years from issue 31 December, 1885 1 July, 1880 15 April, 1913 25 June, 1881 15 July, 1906 7,996,800 0 0 5 6 4.44 4,4 5 30,000 0 0 2,500 0 0 900 0 0 3,000 0 0 225 0 0 12,500 0 0 * ... 6,000 0 0 ... ... 36,000 0 0 2,500 0 0 900 0 0 3,000 0 0 225 0 0 12,500 0 0 863,300 0 0 ... ... ... Immigration and Public Works Loan Act, J 1870 2,100,000 372,100 27,900 200,000 500,000 36 years from issue 15 April, 1913 15 April, 1882 1 June, 1907 1 February, 1904 5 4 4 105,000 0 0 14,884 0 0 1,255 10 0 8,000 0 0 22,500 0 0 1 21,000 0 0 ... 126,000 0 0 14,881 0 0 1,255 10 0 8,C00 0 0 22,500 0 0 j- 3,200,000 J North Otago District Public Works Loan Act, 1872 Immigration and Public Works Loan Act, C 1873 ... ... I f 1,600,000 500,000 12,300 49,500 20,900 18,500 6,200 142,600 500,000 30,900 | 2,000,000 1 November, 1902 1 February, 1904 15 July, 1906 678 6 5 \ 30,221 13 7 2,000,000 0 0 5 1,545 0 0 67,500 0 0 25,000 0 0 I 10* i 7,000 0 0 I ... 8,545 0 0 67,500 0 0 25,000 0 0 General Purposes Loan Act, 1873 <\ 1- 750,000 13,753,811 15 May, 1914 15 December, 1881 15 October, 1883 15 October, 1913 15 October, 1885 Various 15 July, 1906 I ... J- 750,000 0 0 J 12,120,921 17 2 f 4 5 4 - 4 5 L 5 492 0 0 2,475 0 0 830 0 0 740 0 0 279 0 0 7,130 0 0 25,000 0 0 492 0 0 2,475 0 0 836 0 0 740 0 0 279 0 0 7,130 0 0 25,000 0 0 778,707 10 0 ... ... ... Carried forward ... ... 1,632,889 2 10 666,506 10 0 112,201 0 0 ... * This rate is 'able on the amount of tho ori{ ial issue, viz., £70,000.

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The PUBLIC DEBT op NEW ZEALAND ok 30th JUNE, 1879— continued. Debentures and Treasury Bills in Circulation. Annual Charge. Loans. Sinking Funds Accrued. Net Indebtedness. Interest. Sin :ing Fund. i Total. Amount. When Eedccmable. Eate. Amount. Eate. Amount. I ! I i £ £ 13^753,811 £ s. d. 1,632,889 2 10 £ s. d. 12,120,921 17 2 p. cent. £ 8. d. 660,506 10 0 p. cent. £ b. d. 112,201 0 0 £ s. d. 778,707 10 0 Brought forward ... ... Under Acts of the Colonial Government— continued. Westland Loan Act, 1873 Immigration and Public Works Loan Act, 1874 New Zealand Loan Act, 1876 New Zealand Loan Act, 1877 50,000 4,000,000 1,000,000 2,500,000 15 April, 1894 1 February, 1905 1 March, 1918 1 March, 1918 676 6 9 49,323 13 3 4,000,000 0 0 1,000,000 0 0 2,500,000 O 0 5 5 5 2,500 0 0 180,000 O 0 50,000 0 0 125,000 0 0 2,500 0 0 180,000 O 0 50,000 0 0 125,000 0 0 ... Treasury Bills, — Treasury Bills Extended Currency Act, 1873 Treasury Bills Extended Currency Act, 1876 Financial Arrangements Act, 1876 180,000 60,000 126,100 23,900 i ] 390,000 1 November, 1882 1 November, 1882 1 November, 1880 1 November, 1881 "1 L 390,000 0 O p. diem 3|d. 20,072 16 3 20,072 16 3 Under Acts on Ordinances oe the late Provincial Governments : — Auckland Loan Act, 1863 Wellington Loan Act, 1866 Nelson Waterworks Loan Act, 1864 Nelson Loan Act, 1874 Lyttelton and Christchurch Eailway Loan Ordinance, 1860 Canterbury Loan Ordinance, 1862 Otago Loan Ordinance, 1862 31,600 13,500 6,200 18,000 33 years from issuo 1 July, 1886 1 January, 1881 Various 8,213 6 7 5,712 15 6 5,545 10 3 23,386 13 5 7,787 4 6 651 9 9 18,000 0 0 (i 8 8 7 1,896 O 0 1,080 O 0 496 0 0 1,260 0 0 2 2 2 632 0 0 270 0 0 124 0 0 2,528 0 0 1,350 0 0 620 O 0 1,260 0 0 77,700 22,800 116,700 286,500 30 years from issuo 50 years from issue 1 July, 1898 26,878 5 4 1,599 5 10 27,492 12 6 50,821 14 8 21,200 14 2 89,207 7 6 6 6 0 4,662 0 0 1,368 0 0 7,002 0 0 2 1 1 1,554 0 0 228 0 0 1,167 0 0 116,176 0 0 6,216 0 0 1,596 0 O 8,169 0 0 1,178,019 6 3 Advances on Security of Debentures and Treasury Bills :— Immigration and Public Works Loan Act, 1870 Treasury Bills, — Treasury Bills Extended Currency Act, 1873 Treasury Bills Extended Currency Act, 1876 Appropriation Act, 1876 21,980,311 1,709,007 5 7 20,271,303 14 5 1,061,843 6 3 I 800,000 800,000 0 0 ■ 220,000 112,000 110,000 1 March, 1830 1 March, 1880 1 March, 1880 220,000 0 O 112,000 0 0 110,000 0 0 21,513,303 14 5 5 5 11,000 0 0 5,600 O 0 5,500 0 0 1,083,943 6 3 11,000 O 0 5,600 0 0 5,500 0 0 1,200,119 6 3 ... ... ... Totals ... 23,222,311 1,709,007 5 7 116,176 0 0 * Various, according to the Bank rate h uling at the time of obtaining the advance.

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COMPARATIVE STATEMENT of the ESTIMATED and ACTUAL EXPENDITURE of the CONSOLIDATED FOUND for the Financial Year 1878-79 (exclusive of Revenue paid over to Local Bodies and Deposits refunded).

COMPRATIVE STATEMENT of the Estimated and Actual Gross Ordinary Revenue of the Consolidated Fund for the Financial Year 1878-79.

Di: :sces. Estimated. Actual. More than Estimate. Less than Estimate. Permanent Appropriations : — Civil List Interest and Sinking Fund Under Special Acts of the Legislature £ s. d. 29,750 0 0 1,225,129 15 1 47,488 0 8 £ s. d. 31,554 13 8 1,177,725 14 0 36,281 4 8 £ a. d. 1,804 13 8 £ b. d. 47,404" 1 1 11,206 16 0 Annual Appeopeiations : — Class I. —Public Departments ,, II.—Law and Justice ,, III.—Postal aud Telegraphic „ IV. —Customs ... „ V. —Marine „ VI.—Education... „ VII.—Native „ VIIL—Militia and Volunteers ,, IX.—Constabulary „ X.—Railways ... „ XI. —Public Domains and Buildings „ XII.—Crown Lands, Survey, &c. ,, XIII. —Miscellaneous ,, XIV. —Provincial Liabilities 199,073 18 7 144,454 7 4 245,139 0 0 40,906 13 1 48,359 14 10 222,270 0 0 32,239 15 0 30,178 12 0 144,964 0 0 493,152 11 5 32,541 4 0 241,338 9 11 137,292 15 4 237,257 14 2 173,774 12 4 142,055 10 9 231,785 15 8 41,002 0 11 42,866 0 1 221,454 4 11 35,801 10 7 27,855 10 8 138,612 16 8 495,264 4 7 24,937 16 6 186,299 16 6 84,414 5 7 158,393 0 0 95" 7 10 3,561 15 7 25,299 6 3 1,798 16 7 13,353 4 4 5,493 14 9 815 15 1 2,323 1 4 6,351 3 4 2,111 13 2 7,603 7 6 55,038 13 5 52,878 9 9 78,864 14 2 Special Appeopeiations :— Subsidies to Local Bodies Twenty per cent, of Land Revenue One-third of sales of land on deferred payments New Plymouth Harbour Board Wellington Hospital Ellesmere and Forsyth Reclamation and Akaroa Railway Payment to Public Works Fund out of surplus of 1877-78 255,000 0 0 241,500 0 0 7,400 0 0 25,000 0 0 30,000 0 0 220,722 12 9 142,216 6 10 2,381 14 4 8,888 11 11 20,000 0 0 34,277 7 3 99,283 13 2 5,018 5 8 16,111 8 1 10,000 O 0 1,451 14 0 1,451 14 0 100,000 0 0 100,000 0 0 Services not provided for 5,708 15 9 5,708 15 9 573,121 17 9 14,734 0 0 Totals 4,210,436 11 5 3,652,048 13 8 558,387 17 9

Diffe: 1ENCES. ElTIMATED. Actual. More than Estimate. Less than Estimate. Ordinary Revenue : — Raised by Taxation, — Customs ... Stamps ... Land Tax Receipts for Services rendered, — Railways... Postal ... Telegraphic Judicial ... Land and Deeds ... Registration and other Fees Marine ... Miscellaneous £ s. d. 1,253,500 0 0 170,000 0 0 50,000 0 0 710,000 0 0 121,500 0 0 76,000 0 0 50,000 0 0 32,500 0 0 32,745 0 0 22,400 0 0 67,000 0 0 £ s. d. 1,309,151 6 10 205,473 11 9 812,626 14 0 129,755 5 8 105,301 13 6 53,341 11 1 44,629 8 1 28,055 16 0 24,277 1 3 65,256 5 0 £ s. d. 55,651 6 10 35,473 11 9 102,626 14 0 8,255 5 8 29,301 13 6 3,341 11 1 12,129 8 1 £ s. d. 50,000 0 0 4,689 4 0 1,877 1 3 1,743 15 0 Totals 2,585,645 0 0 2,777,868 13 2 248,656 12 2 56,432 19 0 Amount in excess of Estimate ... 192,223 13 2

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COMPARATIV E STATEMENT of the ESTIMATED and ACTUAL NET RECEIPTS of the CONSOLIDATED FUND for the Financial Year 1878-79 (exclusive of the Revenues of Local Bodies and other unavailable Receipts).

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Diffe: iences. Estimated. Actual. More than Estimate. Less than Estimate. Ordinary Revenue : — Raised by Taxation, — Customs Stamps Land Tax Receipts for Services rendered, — Builways Postal Telegraphic ... Judicial Land and Deeds Registration and other Fees Marine ... ... Miscellaneous £ s. d. £ s. d. £ s. d. £ s. d. 1,253,500 0 0 170,000 0 0 50,000 0 0 1,307,736 1 11 197,501 8 0 54,236 1 11 27,501 8 0 50,000' 0 0 710,000 0 0 121,500 0 0 76,000 0 0 50,000 0 0 32,500 0 0 32,745 0 0 22,400 0 0 67,000 0 0 755,467 3 7 128,308 15 3 82,968 4 10 52,465 13 1 40,628 11 4 27,973 5 8 24,269 0 3 64,766 14 9 45,467 3 7 6,808 15 3 6,968 4 10 2,465 13 1 8,128 11 4 4,771 14 4 1,869 0 3 2,233 5 3 Territorial Revenue : — Land Sales „ on Deferred Payments... Depasturing Licenses, Rents, Assessments, &c. 1,100,000 0 0 22,000 0 0 107,677 0 0 729,079 3 3 8,615 3 6 132,035 5 4 370,920 16 9 13,384 16 6 24,358" 5 4 Receipts Specially Applicable : — Amount required out of Surplus Land Revenue of 1877 to provide for Arrears of Survey, — Hawke's Bay Canterbury Provincial Liabilities, — Balance on 30th June, 1878 Receivable from Loan of 1877 Receivable from Wellington Trust and Loan Company ... Receivable from Sale of Reclaimed Land ... Miscellaneous ... 4,512 0 0 30,000 0 0 2,833 19 4 17,014 1 9 1,678 0 8 12,985 18 3 5,733 0 0 80,000 0 0 5,733 9 0 80,000 0 0 0 9 0 15,970 0 0 89,000 0 0 5,000 0 0 1,600 0 0 84,953 13 1 7,648 19 11 14,370 0 0 4,046 6 11 2,648 19 11 Totals 4,045,537 0 0 3,751,598 13 10 180,452 12 6 474,390 18 8 RECAPITULATION. Ordinary Revenue Teeeitoeial Revenue Receipts Specially Applicable ... 2,585,645 0 0 1,229,677 0 0 230,215 0 0 2,682,084 18 8 869,729 12 1 199,784 3 1 96,439 18 8 359,947" 7 11 30,430 16 11 390,378 4 10 96,439 18 8 Totals 4,045,537 0 0 3,751,598 13 10 293,938 6 2

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COMPARATIVE STATEMENT of the ACTUAL NET REVENUES of the COLONY for the Financial Years 1877-78 and 1878-79.

STATEMENT of the CONSOLIDATED and LAND REVENUE (exclusive of Gold Fields Revenue) received during the Ten Years commencing 1869-70.

1877-78. 1878-79. Increase. Decrease. Ordinary Revenue : — Raised by Taxation, — Customs Stamps Receints for Services rendered, — Railways Postal Telegraphic ... Judicial Land Transfer Registration and other Fees Marine Miscellaneous £ s. d. £ b. d. £ B. d. £ s. d. 1,272,961 5 3 151,068 16 9 1,307,736 1 11 197,501 8 0 34,774 16 8 46,432 11 3 546,458 12 10 113,358 8 10 72,361 1 7 46,797 10 7 36,578 3 9 27,603 0 8 19,491 11 4 42,074 4 0 755,467 3 7 128,308 15 3 82,968 4 10 52,465 13 1 40,628 11 4 27,973 5 8 24,269 0 3 64,766 14 9 209,008 10 9 14,950 6 5 10,607 3 3 5,668 2 6 4,050 7 7 370 5 0 4,777 8 11 22,692 10 9 Totals, Ordinary Revenue 2,328,752 15 7 2,682,084 18 8 353,332 3 1 Increase 353,332 3 1 Territorial Revenue :— Land Sales „ on Deferred Payments ... Depasturing Licenses, &c. ... ) Miscellaneous ... ... ... j 1,440,824 4 5 729,079 3 3 8,015 3 6 8,615 3 6 711,745 1 2 145,738 15 0 132,035 5 4 13,703 9 8 Totals, Territorial Revenue 1,586,562 19 5 869,729 12 1 725,448 10 10 8,615 3 6 Net Decrease ... 716,833 7 4 Ordinary Revenue (as above) Territorial Revenue „ 2,328,752 15 7 1,586,562 19 5 2,682,084 18 8 869,729 12 1 353,332 3 1 716,833" 7 4 3,915,315 15 0 3,551,814 10 9 716,833 7 4 Total Net Decrease of Ordinary and Territorial Revenue ... 353,332 3 1 363,501 4 3 Revenues op Local Bodies :— Fees, &c. From Lands handed over... Gold Fields Revenue Gold Duty 56,045 16 10 95,320 16 3 21,424 0 5 36,823 5 8 51,926 4 4 24,864 3 2 17,374 13 3 28,362 8 11 4,119 12 6 70,456 13 1 4,049 7 2 8,410 16 9 Totals 209,613 19 2 122,527 9 8 87,086 9 6

Financial Year. Consolidated Revenue. Land Revenue. Total. 1869-70 1870-71 1871-72 1872-73 1873-74 1874-75 1875-76 1876-77 1877-78 1878-79 £ b. d. 1,048,175 0 7 936,188 5 10 1,031,082 18 7 1,119,904 3 4 1,420,216 17 3 1,605,002 16 5 1,703,190 3 11 1,904,834 1 0 2,328,752 15 7 2,682,084 18 8 £ s. d. 209,623 3 6 208,091 5 0 336,311 0 6 889,642 14 1 1,060,744 7 3 773,265 17 9 857,990 18 1 1,005,855 13 1 1,586,562 19 5 869,729 12 1 £ s. d. 1,257,798 4 1 1,144,279 10 13 1,367,393 19 1 2,009,546 17 5 2,486,961 4 6 2,378,268 14 2 2,561,181 2 0 2,910,689 14 1 3,915,315 15 0 3,551,814 10 9

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STATEMENT showing the Total WAYS and MEANS of the PUBLIC WORKS FUND, the Total NET EXPENDITURE to 30th June, 1879, and the BALANCE available for Appropriation.

Price 6d.

By Authority : George Dldsbuey, Government Printer, Wellington, —1879.

WAYS AND MEANS. £ s. d. £ s. d. NET EXPENDITURE. £ s. d. £ I. d. Loans :— 4,000,000 0 0 Immigration 1,782,520 5 10 Immigration and Public Works Loan, 1870 Public Works Department 132,946 18 3 Immigration and Public Works Loan, 1873 2,000,000 0 0 Railways, including Surveys of New Lines 7,638,134 5 9 Immigration and Public Works Loan, 1874 4,000,000 0 0 Roads 975,552 4 9 General Purposes Loan, 1873 750,000 0 0 Land Purchases, North Island... 705,039 16 7 New Zealand Loan, 1876 ... 750,000 0 0 Waterworks on Gold Fields ... ... 465,626 8 6 New Zealand Loan, 1877 ... 2,200,000 0 0 Telegraph Extension 328,219 17 3 Receipts in Aid :— 13,700,000 0 0 Public Buildings ... 449,676 7 3 Contribution of Canterbury for Railways 56,000 0 0 Lighthouses 81,240 3 2 Miscellaneous Public Works 215,394 13 11 Stamp Duties to 31st December, 1876... 264,657 16 4 Charges and Expenses 554,269 16 3 Transfer from Confiscated Lands Liabilities Account 19,963 1 3 10,835 8 0 Coal Mines Proceeds of Railway Material handed over to Cook 4,963 7 4 Interest and Sinking Fund 218,500 0 O County Council Special Receipts under Bection 9 of " The Railways Balance on 30th June, 1879, available for Appropriation, — 13,557,956 5 6 Construction Act, 1878 " 18,577 11 1 Cash in the Public Account 207,662 9 7 364,161 16 0 Advances to be accounted for, — In the Colony ... ... £27,789 14 8 298,543 0 11 Total £14,064,161 16 0 In London ... ... 270,753 6 3 506,205 10 6 Total £14,064,161 16 0