SINKING FUNDS.

Appendix to the Journals of the House of Representatives, 1886 Session I, B-07

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1886. NEW ZEALAND.

SINKING FUNDS.

REPORT AND ACCOUNTS OF THE COMMISSIONERS OP THE PUBLIC DEBTS SINKING FUNDS FOR THE YEAR ENDED 31st MARCH, 1886.

Laid before both Houses of the General Assembly in compliance with the 6th section of " The Public Debts Sinking Funds Act, 1868."

Sib,— Government Buildings, Wellington, 27th May, 1886. I have the honour to transmit to you, to lay before Parliament, the Eeport of the Commissioners of the Public Debts Sinking Funds, and accompanying accounts, for the year ending 31st March, 1886. I have, &c -> James Edward FitzGekald, The Hon. the Speaker of the Chairman of the Commissioners of the House of Representatives. Public Debts Sinking Funds.

EEPOET. Government Buildings, Wellington, 26th May, 1886. The Commissioners of the Public Debts Sinking Funds have the honour to lay before Parliament their report and accounts for the year ended the 31st March, 1886. Nothing has occurred during the year to call for remark except to report that, pursuant to an award made by the Commissioners on the 16th October, 1885, a sum of £25,000, being part of the accumulated Sinking Fund of the New Zealand Loan of 1860, has been released and paid over to the credit of the Consolidated Fund, as provided by the Act. James Bdwaed FitzGeeald, Chairman of the Commissioners of the Public Debts Sinking Funds.

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2

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the Dr. During the Year

RECEIPTS. £ s. d. £ s. d. "New Zealand Loan Act, 18G0:"— Contributions of Sinking Fund at 2 per cent., — On £93,100, one year to 31 December, 1885 Interest on Investments, — Immigration and Public Works Loan Debentures, — On £5,589, one year to 15 October, 1885, at 4J per cent. £1,000, one year to 15 October, 1885, at 4 per cent. Defence and Other Purposes Loan Debentures, — On £12,600, one year to 31 December, 1885, 4f per cent. .. £30,700, half-year to 30 June, 1885, 5 per cent. £5,700, half-year to 31 December, 1885, at 5 per cent. .. £25,000, 112 days to 20th October, 1885, at 5 per cent. .. General Purposes Loan Debentures, — On £9,970, 28 November, 1884, to 15 May, 18S5, at 5 per cent. £3,300, 11 December, 1884, to 15 May, 1885, at 5 per cent. £13,270, half-year to 15 November, 1885, at 5 per cent. .. Deficiency Bills at 5 per cent., — On £3,000, half-year to 30 June, 1885 £160, half-year to 30 June, 1885 £2,240, 14 January to 30 June, 1885, 167 days £5,400, half-year to 31 December, 1885 Canterbury Rivers Debentures at 6 per cent., — On £300, one year to 13 November, 1885 £1,440, one year to 17 November, 1885 .. ., £2,000, one year to 9 December, 1885 £2,000, one year to 14 January, 188G Borough of Patea Debentures at 6 per cent., — On £3,000, half-year to 1 February, 1885 £3,000, one year to 1 February, 1880 .. Waitara Harbour Debentures at G per cent., — On £2,820, half-year to 30 June, 1885 £800, one year to 1 February, 1886 £2,700, half-year 31 December, 1885 Borough of Hawera Debentures at 6 per cent., — On £3,300, one year to 1 February, 188G Cambridge Town Board Debentures at 6 per cent., — On £230, one year to 1 February, 1886 £70, 1 February to 8 March, 1886 Wellington and Manawatu Railway Debentures at 5 per cent., — On £1,000, 27 June to 1 December, 1885 .. £2,290, 18 July to 1 December, 1885 £720, 21 November to 1 December, 1885 Interest on credit balances at the Bank of Now Zealand Investments realized, — Waitara Harbour Board Debentures, 4 July, 1885 Defence and Other Purposes Loan Debentures, 20 October, 1885 Cambridge Town Board Debentures, 1 February, 1886 1,862 0 0 251 10 0 40 0 0 567 0 0 767 10 0 142 10 0 383 11 2 229 8 11 70 1 4 331 15 0 75 0 0 4 0 0 5J. 4 10 135 0 0 18 0 0 86 8 0 120 0 0 120 0 0 90 0 0 180 0 0 84 12 0 48 0 0 82 1G 0 198 0 0 13 16 0 0 8 4 21 10 2 42 13 3 0 19 9 15 18 0 60 0 0 25,000 0 0 70 0 0 31,163 12 " Auckland Loan Act, 1863 :"— Contributions of Sinking Fund at 2 per cent., — On £31,600, one year to 1 July, 1885 Interest on Investments, — Defence and Other Purposes Loan Debentures, — On £4,870 at 5 per cent., one year to 31 December, 1885 £1,200 at 4J per cent., one year to 31 December, 1885 .. Immigration and Public Works Loan Debentures, — On £1,518 at 4J per cent., one year to 15 October, 1885 General Purposes Loan Debentures, — On £3,030 at 5 per cent., 28 November, 1884, to 15 May, 1885 £3,030 at 5 per cent., half-year to 15 November, 1885 .. Canterbury Rivers Debentures at 6 per cent.,— On £100, one year to 14 January, 1886 Waitara Harbour Board Debentures at 6 per cent., — On £1,000, one year to 1 January, 188G .. £1,200, one year to 1 February, 1886 Deficiency Bills at 5 per cent., — On £1,250, half-year to 30 June, 1S85 .. .. £200, 14 January to 30 June, 1885, 1G7 days £1,450, half-year to 31 December, 1885 Wellington and Manawatu Railway Debentures, at 5 per cent., — On £150, 27 June to 1 December, 1885 £880, 18 July to 1 December, 1885 £150, 21 November to 1 December, 1885 Interest on credit balances at the Bank of New Zealand 632 0 0 243 10 0 54 0 0 68 C 2 69 14 7 75 15 0 6 0 0 60 0 0 72 0 0 31 5 0 4 11 6 36 5 0 3 4 6 10 7 11 0 4 2 2 19 6 1,376 8 4 " Wellington Loan Act, 1866 :"— Contributions of Sinking Fund at 2 per cent., — On £13,500, one year to 31 December, 1885 Interest on Investments,— Defence and Other Purposes Loan Debentures,— On £3,150, one year to 31 December, 1885, at 5 per cent. .. £780, one year to 31 December, 1885, at 4J'pcr cent 270 0 0 157 10 0 35 2 0 Carried forward 462 12 0 32,539 16 1

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS, ended 31st March, 1886. Cr.

DISBURSEMENTS. £ s. d. £ s. d. "New Zealand Loan Act, I860:"— Investments, — Wellington and Manawatu Kailway Debentures at 5 per cent., — £1,000, 27 June, 1885 £2,290, 18 July, 1885 £730, 21 November, 1885 £2,000, 3 January, 1886 .. £430, 15 March, 1886 £00, 25 March, 1886 1,010 12 6 2,314 6 7 727 13 0 2,021 5 0 434 11 4 60 12 9 6,569 1 2 25,000 0 0 Sinking Fund released " Auckland Loan Act, 1863:"— Investments, — Wellington and Manawatu Eailway Debentures at 101^,— £150, 27 June, 1885 £880, 18 July, 1885 £150, 21 November, 1885 £190, 13 January, 1886 £60, 15 March, 1886 £20, 25 March, 1886 151 11 10 889 7 6 151 11 9 192 0 5 60 12 9 20 4 3 1,465 8 6 " Wellington Loan Act, 1866 :" — Investments, —■ Wellington and Manawatu Eailway Debentures at 5 per cent., — £130, 27 June, 1885 £250, 18 July, 1885 £120, 21 November, 1885 £260, 13 January, 1886 .. .. .. - .. 131 7 8 252 13 1 121 5 6 262 15 2 Carried forward 768 1 5 33,034 9 8

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the Dr. During the Year

RECEIPTS. £ s. d. £ s. d. Brought forward 462 12 0 32,539 1G 1 " Wellington Loan Act, 186G " — continued. Interest on Investments— continued. Immigration and Public Works Loan Debentures at 4J per cent., — On £1,354, one year to 15 October, 1885 General Purposes Loan Debentures at 5 per cent., — On £1,770, 28 November, 1884, to 15 May, 1885 £400, 11 December, 1884, to 15 May, 1885 £2,170, half-year to 15 November, 1885 Canterbury Rivers Debentures at G per cent., — On £70, one year to 17 November, 1885 £500, one year to 9 December, 1885 £200, one year to 14 January, 188G Waitara Harbuur Board Debentures at 6 per cent, — On £200, one year to 1 February, 188G Cambridge Town Board Debentures at G per cent., — On £400, one year to 1 February, 1886 Deficiency Bills at 5 per cent., — On £150, half-year to 30 June, 1885 £2G0, 14 January to 30 Juno, 1885,167 days £410, half-year to 31 December, 1885 Wellington and Manawatu Railway Debentures at 5 per cent., — On £130, 27 June to 1 December, 1885 £250, 18 July to 1 December, 1885 £120, 21 November to 1 December, 1885 Interest on credit balances at the Bank of Now Zealand 60 18 8 40 14 8 8 9 10 54 5 0 4 4 0 30 0 0 12 0 0 12 0 0 24 0 0 3 15 0 5 19 0 10 5 0 2 15 11 4 13 2 0 3 4 19 6 738 5 1 " Lyttelton and Cheistchukcii Railway Loan Okdinance, 18G0:"— Contributions of Sinking Fund at 2 per cent., — On £77,700, one year to 31 December,-1885 Interest on Investments, — Defence and Other Purposes Loan Debentures, — On £100, one year to 31 December, 1885, at i\ per cent. £3,300, one year to 31 December, 1885, at 5 per cent. .. Immigration and Public Works Loan Debentures, — On £1,008, one year to 15 October, 1885, at 4J per cent. General Purposes Loan Debentures at 5 per cent., — On £21,760, 28 November, 1884, to 15 May. 1885 £21,700, half-year to 15 November, 1885 Canterbury Rivers Debentures at 6 per cent., — On £1,700, one year to 13 November, 1885 £1,310, one year to 17 November, 1885 £900, one year to 14 January, 1886 Waitara Harbour Board Debentures at 0 per cent., — On £050, 5 June to 1 October, 1885 £2,000, one year to 31 December, 1885 £500, one year to 1 February, 1886 Borough of Hawera Debentures at 0 per cent., — On £2,887, half-year to 1 August, 1885 £2,824, half-year to 1 February, 188G Borough of Patea Debentures at 6 per cent., — On £2,000, half-year to 1 February, 1885 £2,000, one year to 1 February, 1886 Deficiency Bills at 5 per cent., — On £7,500, half-year to 30 June, 1885 £1,400, 14 January to 30 June, 1885, 167 days £8,900, half-year to 31 December, 1885 Wellington and Manawatu Railway Debentures at 5 per cent., — On £270, 27 June to 1 December, 1885 £1,120, 18 July to 1 December, 1885 £850, 21 November to 1 December, 1885 Interest on credit balances at the Bank of New Zealand Investments realized, — Borough of Hawera Debentures 1,554 0 0 4 10 0 1C5 0 0 45 7 2 500 15 5 544 0 0 102 0 0 78 12 0 54 0 0 12 11 2 120 0 0 30 0 0 86 12 2 84 14 5 CO 0 0 120 0 0 187 10 0 32 0 7 222 10 0 5 16 1 20 17 i 13 3 8 7 0 G3 0 0 " Cantebbury Loan Obdinance, 1862:"— Contributions of Sinking Fund at 1 per cent.,— On £22,800, one year to 31 December, 1885 Interest on Investments, — Defence and Other Purposes Loan Debentures, — On £300, one year to 31 December, 1885, at 5 per cent. £370, one year to 31 December, 1885, at 4J per cent. Immigration and Public Works Loan Debentures, — On £915, one year to 15 October, 1885, at 4£ per cent. General Purposes Loan Debentures, — On £1,050, 28 November, 1884, to 15 May, 1885, at 5 per cent. £200, 11 December, 1884, to 15 May, 1885, at 5 per cent. £1,250, half-year to 15 November, 1885, at 5 per cent. .. 4,103 6 7 228 0 0 15 0 0 16 13 0 41 3 8 24 3 9 4 4 11 31 5 0 Carried forward 3G0 10 4 37,381 7 9

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS, ended 31st March, 1886. Cr.

DISBURSEMENTS. i_^ £ s. a. £ a. d. Brought forward 768 1 5 33,034 9 8 " Wellington Loan Act, 186G " — continued. Investments— continued. Wellington and Manawatu Railway Debentures at 5 per cent.— contd. £10, 15 March, 18S6 10 2 1 778 3 6 " Lyttelton and Christchurch Railway Loan Ordinance, I860:"— Investments, — Waitara Harbour Board Debentures at G per cent., — £650, 6 June, 1885 Wellington and Manawatu Railway Debentures at 5 per cent., — £270, 27 June, 1885 £1,120, 18 July, 1885 £850, 21 November, 1885 £1,150, 13 January, 1886 £225, 15 March, 1886 £30, 25 March, 1886 650 0 0 272 17 5 1,131 18 0 859 0 7 1,162 4 5 227 7 10 30 6 5 4,333 14 8 "Canterbury Loan Ordinance, 1862:"— Investments, — Wellington and Manawatu Railway Debentures at lOlj^,— £100, 27 June, 1885 £130, 18 July, 1885 £100, 21 November, 1885 £140, 13 January, 1886 £10, 25 March, 1886 101 1 3 131 7 7 101 1 3 141 9 9 10 2 2 485 2 0 4 Carried forward 38,631 9 10

6

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the Dr. During the Year

EECEIPTS. £ s. a. £ s. d. Brought forward 300 10 4 37,381 7 9 " Canterbury Loan Ordinance, 1862 " — continued. Interest on Investments— continued. Canterbury Rivers Debentures at G per cent.,— On £180, one year to 17 November, 1885 £100, one year to 14 January, 1886 Waitara Harbour Board Debentures at G per cent., — On £240, half-year to 1 August, 1885 £210, half-year to 1 February, 1886 Deficiency Bills at 5 per cent.,— On £170, half-year to 30 Juno, 1885 £150, 14 January to 30 June, 1885, 167 days .. £320, half-year to 31 December, 1885 Wellington and Manawatu Railway Debentures at 5 per cent., — On £100, 27 June to 1 December, 1885 £130, 18 July to 1 December, 1885 £100, 21 November to 1 December, 1885 Interest on credit balances at the Bank of New Zealand Investments realised, — Waitara Harbour Board Debentures, 7 August 10 16 0 6 0 0 7 4 0 6 G 0 4 5 0 3 8 7 8 0 0 ■ 2 3 0 2 8 5 0 2 9 1 14 6 30 0 0 442 18 7 "Otago Loan Ordinance, 1862:"— Contributions of Sinking Fund at 1 per cent., — On £116,700, one year to 1 July, 1885 Interest on Investments, — Defence and Other Purposes Loan Debentures, — On £7,680, one year to 31 December, 1.885, at 5 per cent. .. £4,950, one year to 31 December, 1885, at 4J per cent. .. Immigration and Public Works Loan Debentures, — On £2,567, one year to 15 October, 1885, at 4J per cent. General Purposes Loan Debentures, — On £13,220, 28 November, 1884, to 15 May, 1885, at 5 per cent. £13,220, half-year to 15 November, 1885, at 5 per cent. .. Canterbury Rivers Debentures at G per cent., — On £1,500 one year to 17 November, 1885.. £2,000, one year to 9 December, 1885 £200, one year to 14 January, 1886 City of Dunedin Mortgage,— On £3,300, one year to 1 January, 1886, at 7 per cent. Waitara Harbour Board Debentures at 6 per cent., — On £3,000, one year to 31 December, 1885 £3,000, one year to 1 February, 1886 Deficiency Bills at 5 per cent., — On £2,820, half-year to 30 June, 1885 £650, 14 January to 30 June, 1885 £3,470, half-year to 31 December, 1885 Wellington and Manawatu Railway Debentures at 5 per cent., — On £650, 27 June to 1 December, 1885 £1,800,18 July to 1 December, 1885 £530, 21 November to 1 December, 1885 Interest on credit balances at the Bank of New Zealand 1,167 0 0 384 0 0 222 15 0 115 10 4 304 4 8 330 10 0 90 0 0 120 0 0 12 0 0 231 0 0 180 0 0 180 0 0 70 10 0 14 17 5 86 15 0 13 19 8 33 10 7 0 14 6 7 17 1 3,565 4 3 Waitara Harbour Loans:— Contributions of Sinking Fund at 1 per cent., — On £650, 5 June to 1 October, 1885.. £9,000, one year to 31 December, 1885 £6,000, one year to 1 Februaay, 1886 Interest on Investments, — Immigration and Public Works Loan Debentures, at 4J per cent., — On £49, one year to 15 October, 1885 .. Deficiency Bills, at 5 per cent., — On £50, one year to 31 December, 1885 Waitara Harbour Debentures, at 6 per cent., — On £180, half-year to 30 June, 1885 £60, half-year to 1 August, 1885 .. .. ... £90, half-year to 1 February, 1886 £240, half-year to 31 December, 1885 .. ... Interest on credit balances at the Bank of New Zealand 2 1 10 90 0 0 60 0 0 2 4 0 2 10 0 5 8 0 1 16 0 2 14 0 7 4 0 0 8 0 174 5 10 Bokough of Hawera Loan :— Contributions of Sinking Fund at 1 per cent., — ■ -, On £6,300, one year to 1 August, 1885 Interest on Investments, — Borough of Hawera Debentures, at 6 per cent., — On £113, half-year to 1 August, 1885 £176, half-year to 1 February, 1886 63 0 0 3 7 10 5 5 7 n 13 5 Carried forward 41,635 9 10

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS, ended 31st March, 1886. Cr.

DISBURSEMENTS. & s. a. & s. a. Brought forward 38,631 9 10 " Otago Loan Obdinance, 1S62 :"— Investments, —■ Wellington and Manawatu Railway Debentures, at 101^, — £650, 27 June, 1885 £1,800, 18 July, 1885 £530, 21 November, 1885 £460, 13 January, 1886 £285, 15 March, 1S86 .. ." £40, 25 March, 1SSG 656 18 1 1,819 2 6 535 12 10 464 17 9 288 0 7 40 8 5 3,805 0 2 Waitaba Harboub Loans: — Investments, — Waitara Harbour Debentures at 6 per cent., — £60, 4 July, 1885 £30, 7 August, 1885 Wellington and Manawatu Railway Debentures, at lOl^, — £85, 15 March, 1886 CO 0 0 30 0 0 85 18 1 175 18 1 Borough of Haweea Loan :— Investments, — Borough of Hawera Debentares, at 6 per cent., — £63, 6 August, 1885 63 0 0 63 0 0 * V Carried forward 42,675 8 1

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the Dr. During the Year

RECEIPTS. £ s. d. £ s. d. Brought forward 41,635 9 10 " Westland Loan Act, 1873 :"— Receipts from the Treasury Interest on Investments, — Deficiency Bills at 5 per cent., — On £100, one year to 31 December, 1885 Wellington and Manawatu Railway Debentures at 5 per cent., — On £30, 18 July to 1 December, 1885 Interest on credit balances at the Bank of New Zealand 6 0 0 5 0 0 0 11 3 0 15 6 Greymouth Habbour Boabd Loan :— Contributions of Sinking Fund at 1 per cent., — On £100,000, one year to 1 March, 1886 Interest on Investments, — Wellington and Manawatu Railway Debentures at 5 per cent., — On £490, 21 November to 1 December, 1885 Interest on credit balances at the Bank of New Zealand 12 6 9 1,000 0 0 Westpoet Hakboub Loan :— Contributions of Sinking Fund at 1 per cent., — On £150,000, one year to 1 March, 1886 Interest on Investments, — Wellington and Manawatu Railway Debentures at 5 per cent., — On £740, 21 November to 1 December, 1885 Interest on credit balances at the Bank of New Zealand 0 13 5 0 2 2 1,000 15 7 1,500 0 0 10 3 0 3 0 1,501 3 3 Balance, 31 March, 1885 44,149 15 5 1,155 4 11 45,303 0 4 Wellington, 21st April, 1886.

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS, ended 31st March, 1886. Cr.

2—B. 7.

DISBURSEMENTS. £ s. d. £ s. d. Brought forward 42,675 8 1 "Wkstlakd Loa:t Act, 1873:"— Investments, — Wellington and Manawatu Eailway Debentures at 5 per cent.,— £30, 18 July, 1885 £15. 15 March, 188G 30 6 0 15 3 2 45 9 2 Gbeymouth Haeboue Boaed Lcan :— Investments, — Wellington and Manawatu Bailway Debentures at 5 per cent.,— £490, 21 November, 1885 £490, 15 March, 1886 .. 495 4 1 495 4 2 990 8 3 Westport IIaeboub Loan :— Investments, — Wellington and Manawatu Eailway Debentures at 5 per cent.,— £740, 21 November, 1885 £740, 25 March, 1880 1,495 14 6 747 17 3 747 17 3 Balance, 31 Mabch, 1885 .. •■ •• •• 45,207 0 0 98 0 4 45,305 0 4 ; James < Secretary and Account; 3. Gavin, ,nt to the Comi dssioners. Examined and found correct. James Edward EitzGerald, Controller and Auditor-General.

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STATEMENT of the Funds held by the Commissioners of the Public Debts Sinking Funds on 31st March, 1886.

Loans in eespect op which the Sinking Funds are held. Secubities. When Securities are Redeemable. Rate of Interest. "New Zealand Loan Act, 1860." "Auckland Loan Act, 1863." "Wellington Loan Act, 1866." " Lyttelton and Chris tch urch Railway Lom Ordinance, 1860." « Canterbury ,, WestIand Ordinance, L °a" *<*. 1862." 1873' " Otago Loan Ordinance, 1862." " North Otago District Public Works Loan Act, 1872." Waitara Harbour Loan. Borough of Hawera Loan. Westport Harbour Loan. Greyiriouth Harbour Loan. Totals. Defence and Other Purposes Loan Debentures Immigration and Public Works Loan Debentures Ditto General Purposes Loan Debentures .. Canterbury Eivers Debentures Ditto Ditto Ditto City of Dunedin Mortgage Borough of Patea Debentures Borough of Hawera Debentures Waitara Harbour Debentures Ditto Ditto Cambridge Town District Debentures Wellington and Manawatu Railway Debentures Consolidated Stock 1884 Debentures.. Deficiency Bills £ S. d. £ s. d. £ S. d. £ s. d.l £ s. d. £ s. d. £ s. a. £ S. d. £ s. a. £ s. d. £ s. d.j £ s. d. £ 1 July, 1910 « 12,600 0 0 1,200 0 0 780 0 0 100 0 0 370 0 0 4,950 0 0 20,00( 15 Apr., 1913 15 Apr., 1913 28 Nov., 1914 13 May, 1927 17 Nov., 1897 9 Dec, 1889 14 Jan., 1898 1 July, 1898 1 Feb., 1898 1 Apr., 1897 1 July, 1897 1 Aug., 1897 1 Apr., 1897 1887-1894 4 5 6 6 6 6 7 6 6 G 6 6 6 1,000 0 0 5,589 0 0 13,270 0 0 300 0 0 1,440 0 0 2,000 0 0 2,000 0 0 1,518* 0 0 1 3,030 0 a 100* 0 0 1,354 0 0 2,170 0 0 70 0 0 500 0 0 200 0 0 1,008 0 0 21,760 0 0 1,700 0 0, 1,310 0 0 900' 0 0 2,000 0 0 2,824 0 0 2,000 0 0 500 0 0 650 0 0 915 0 0! 1,250 0 0 180 0 0 ioo"o o •■ I I •■ 2,567' 0 0 13,220 0 0 1,500 0 0 2,000 0 0 200 0 0 3,300 0 0 49 0 0 ■• ! •• •• •• • • •• •• ' t " I l,00f 13, OCX 54, 70( 2, OCX 4,50( 4,501 3.50C 3.3CX 5, OCX 6,30( 9, OCX 6,0CK 65( 56( 3,000 0 0 3,300 0 0 2,760 0 0 800 0 0 i,ooo' o o| 1,200 0 0 .. 3,000 0 0 3,000 0 0 •• 240 0 0 90 0 0j !176 '6 a 200 0 0 210 0 0| I 160 0 0 400' 0 0 .. ■" .. 17 Oct., 1892 30 June, 1886 5 4£ 5 6,500 0 0 5,700 0 0 5,400 0 0 1,450 0 0 4,870 0 01 1,450 0 01 770 0 0 3,150 0 0 410 0 0 3,645 0 0 3,300 0 0 8,900 0 0 480 0 0 300 0 0 320 0 0 45 0 Oj 100 0 0 3,765 0 0 7,680 0 0 3,470 0 0 85 0 0 50 0 0 1,480 0 0^ 980 0 0| 19,201 25,00( 20,10< | • ■ .. Cash in Bank of New Zealand 65,819 0 0' 15 1 11 15,818 0 0 2 15 5 10,004 0 0 14 16 8 50,597 0 0 5 8 6 4,125 0 0145 0 0 3 19 8 7 1 5 48,652 0 0 11 16 0 0 10 9 514 0 0 5 17 5 170 0 0 ! 14 16 6| 1,480 0 0: 5 8 9! 980 0 0 10 7 4 198,311 9i Totals 0 10 9 65,834 1 11 15,820 15 510,018 16 8 i0,002 8 6 4,128 19 8152 1 5 48,663 16 0 519 17 5 190 16 6 1,485 8 l 990 7 4 198,40! 28th April, 1886 Ja: Secretary and Ace mes C. Gavin, ountant to the Commissioners.

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STATEMENT showing the Debentures of each Loan in Circulation, and the Sinking Funds Accrued on 31st March, 1886.

STATEMENT of the Expenses incurred during the Year ended 31st March, 1886, £ s. d. Salary of the Secretary and Accountant from 1 April, 1885, to 31 March, 188 C .. 50 0 0 James C. Gavin, Secretary and Accountant to the Commissioners. 28th April, 1886.

[Approximate Cost oj Paper.— Preparation, nil; printing (1,250 copies), £8 Bs. Od.]

Authority: Geobge Didsbury, Government Printer, Wellington.—lBB6.

11

Loans. Debentures in Circulation. Bate of Sinking Fund. When Bedeemable. Sinking Funds Accrued. " New Zealand Loan Act, 1860 " .. " Auckland Loan Act, 1863 " " Wellington Loan Act, 1866 " "Lyttelton and Christchurch Railway Loan Ordinance, 1860 " " Canterbury Loan Ordinance, 1862 " " Otago Loan Ordinance, 1862 " 93,100 31,600 13,500 Per cent. 2 2 2 1 July, 1891 .. 1 June, 1896 .. 1 July, 1886 £ s. a. 65,834 1 11 15,820 15 5 10,018 16 8 7T,700 22,800 116,700 2 1 1 1894 and 1897 .. 50 years from issue 1 July, 1898 50,602 8 6 4,128 19 8 48,663 16 0 " Westland Loan Act, 1873 " " North Otago District Public Works Loan Act, 1872" .. Waitara Harbour Loans Borough of Hawera Loans Westport Harbour Loans Greymouth Harbour Loans 355,400 195,068 18 2 152 1 5 0 10 9 519 17 5 190 16 6 1,485 8 9 990 7 4 Total 198,408 0 4