SINKING FUNDS.

Appendix to the Journals of the House of Representatives, 1889 Session I, B-08

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1889. NEW ZEALAND.

SINKING FUNDS.

REPORT AND ACCOUNTS OF THE COMMISSIONERS OP THE PUBLIC DEBTS SINKING FUNDS FOR THE YEAR ENDED 31st MARCH, 1889.

Presented to both Houses of the General Assembly in compliance with the 6th Section of "The Public Debts Sinking Funds Act, 1868." EEPOET. Wellington, 9th July, 1889. Thk Commissioners of the Public Debts Sinking Funds have the honour to lay before Parliament the accounts of their transactions for the year ended the 31st March last. It will be observed that the sinking fund of the New Zealand Loan of 1860 now amounts to £80,318 19s. 7d., taking at their nominal value the securities in which the fund is invested. The outstanding debentures, £74,100, for the redemption of which the fund was created, fall due on the Ist July, 1891; and as the amount now accrued, together with the interest to accrue on the investments, will far more than suffice to pay off the debentures at their due date, the Commissioners have agreed to a cessation of further contributions of sinking fund from the Government on account of this loan. The Waitara Harbour Board still fails to meet the periodical interest and sinking fund falling due on its debentures for £15,650, the annual charge in respect of which is 7 per cent, per annum. In view of the Board's position the Commissioners have under consideration a proposal to effect some reduction in the rate, which will partly relieve the Board from its embarrassment, and with economic management will, it is hoped, enable it to meet its engagements. E. C. Hamekton, Chairman.

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the For the Year ended

Foe t: :b Yeah ende: RECEIPTS. £ s. d. £ s. d. " New Zealand Loan Act, 1860 : " — Contributions of Sinking Fund at 2 per cent., — On £74,100, one year to 31 December, 1888 Interest on Investments, — Immigration and Public Works Loan Debentures at 4 per cent.,— On £1,000, one year to 15 October, 1888 .. Immigration and Public Works Loan Debentures at 4^ per cent., — On £5,589, one year to 15 October, 1888 General Purposes Loan Debentures at 5 per cent., — On £13,270, one year to 15 November, 1888 Consolidated Stock Debentures at 4J per cent., — On £7,950, one year to 28 November, 1888 £12,400, 29 March to 28 May, 1888 £12,400, half-year to 28 November, 1888 Consolidated Stock Debentures at 5 per cent., — On £5,700, one year to 28 November, 1888 £1,350, 30 June to 28 November, 1888 Defence Loan Debentures at 4£ per cent., — On £12,600, one year to 31 December, 1888 Deficiency Bills at 5 per cent., — On £1,000, 17 September to 31 December, 1888 Borough of Hawera Debentures at 6 per cent., — On £3,200, one year to 1 February, 1889 Borough of Patea Debentures at 6 per cent., — On £3,000, one year and a half to i February, 1889 Wellington-Manuwatu Railway Company's Debentures at 5 per cent., — On £6,500, one year and a half to 1 Deoomber, 1888, less income-tax Borough of Cambridge Debentures at 6 per cent., — On £160, one year to 1 February, 1889 Borough of Thames Debentures at 5J per cent., — On £400, one year to 1 October, 1888 On balances at Bank of New Zealand Investments realised, — Borough of Cambridge Debentures redeemed, 1 February, 1889 1,482 0 0 40 0 0 251 10 0 063 10 0 357 15 0 91 14 6 279 0 0 285 0 0 27 18 6 .' 567 0 0 14 7 8 192 0 0 270 0 0 474 13 2 9 12 0 22 0 0 33 5 6 70 0 0 5,131 6 4 "Auckland Loan Act, 1863:"— Contributions of Sinking Fund at 2 per cent., — On £31,600, one year to 1 July, 1888 Interest on Investments, — Immigration and Public Works Loan Debentures at 4J per cent., — On £1,618, one year to 15 October, 1888 General Purposes Loan Debentures at 5 per cent., — On £3,030, one year to 15 November, 1888 Consolidated Stock Debentures at 4J per cent., — On £4,870, one year to 28 November, 1888 £2,500, 29 March to 31 May, 1888 £2,500, half-year to 28 November, 1888 Consolidated Stock Debentures at 5 per cent., — On £100, one year to 28 November, 1888 £350, 30 June to 28 November, 1888 Defence Loan Debentures at 4J per cent., — On £1,980, one year to 31 December, 1888 Deficiency Bills at 5 per cent., — On £690, 17 September to 31 December, 1888 Wellington-Manawatu Railway Company Debentures at 5 per cent., — On £1,450, one year and a half to 1 December, 1888, less income-tax Borough of Cambridge Debentures at 6 per cent.,' — On £100, one year to 1 February, 1889 Borough of Thames Debentures at 5J per cent., — On £600, one year to 1 October, 1888 On credit balances at Bank of New Zealand 632 0 0 72 16 2 151 10 0 219 3 0 18 9 10 56 5 0 5 0 0 7 4 9 89 2 0 9 18 6 105 17 8 6 0 0 33 0 0 9 15 11 "Wellington Loan Act, 1866:"— Interest on balance at Bank of New Zealand 1,416 2 10 0 12 10 "Lyttblton and Chmstohubch Railway Loan Oedinance, I860:"— Contributions of Sinking Fund at 2 per cent.,— On £77,700, one year to 31 December, 1888 Interest on Investments, — General Purposes Loan Debentures at 5 per cent., — On £21,760, one year to 15 November, 1888 Consolidated Stock Debentures at 4J per cent., — On £3,300, one year to 28 November, 1888 £9,900, 29 March to 31 May, 1888 £9,900, half-year to 28 November, 1888 Consolidated Stock Debentures at 5 per cent., —■ On £3,800, one year to 28-iSTovember, 1888 £5,810, 30 Juno to 28th November, 1888 1,554 0 0 1,088 0 0 148 10 0 73 4 8 222 15 0 190 0 0 120 3 7 Carried forward .. .. 3,396 13 3 6,548 2 0

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1889.

DISBURSEMENTS. £ s. d. £ s. d. "New Zealand Loan Act, I860:"— Investments, —■ Consolidated Stock Debentures at 5 per cent., 30 June, 1888 Deficiency Bills at 5 per cent., 17 September, 1888 £2,600 4-per-cont. New Zealand Inscribed Stock at 10SJ, 29 March, 1889 1,350 0 0 1,000 0 0 2,684 10 0 5,034 10 0 i <• "Auckland Loan Act, 1863:" — Investments, — Consolidated Stock Debentures, 5 per cent., 30 June, 1888 Deficiency Bills, 5 per cent., 17 September, 1888 £400 New Zealand 4-per-cent. Inscribed Stock at 103J, 29 March, 1889 350 0 0 690 0 0 413 0 0 1,453 0 0 " Wellington Loan Act, 1866:"— Payment to Public Account 44 1 5 " Ltttelton and Chbistchubch Railway Loan Ordinance, 1860: "— Investments, — Consolidated Stock Debentures at 5 per cent., 30 June, 1888 Consolidated Stock Debentures at 5 per cent., 30 June, 1888 Deficiency Bills at 5 per cent., 17 September, 1888 £1,898 4-per-cent. New Zealand Inscribed Stock at £103| I ,300 0 0 4,510 0 0 865 0 0 1,959 13 8 8,634 13 8 % Carried forward .. .. 15,166 5 1

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the Dr. For the Year ended

RECEIPTS. £ s. d. £ s. a, Brought forward " Lyttemon and Christchurch Railway Loan Ordinance, 1860" — contd. Interest on Investments — continued. Defence Loan Debentures at 4J per cent., — On £100, one year to 31 December, 1888 Deficiency Bills at 5 per cent., — On £4,510, half-year to 30 June, 1888 £865, 17 September to 31 December, 1888 Borough of Hawera Debentures at 6 per cent., — On £2,824, one year to 1 February, '1889 Borough of Patea Debentures at 6 per cent., — On £2,000, one year and a half to 1 February, 1880 Immigration and Public Works Loan Debentures at 4J per cent., — On £2,162, one year to 15 October, 1888.. Wellington-Manawatu Railway Company's Debentures at 5 per cent., — On £5,215, one year and a half to 1 December, 1888, less income-tax Waitara HarbourDebentures at G per cent., — On £050, half-year to 1 April, 1888 £650, half-year to 1 October, 1888 On balances at Bank of Now Zealand .. Investments realised, — Deficiency Bills redeemed, 30 June, 1888 3,396 13 3 6,548 2 0 4 10 0 112 15 0 12 8 10 169 8 10 180 0 0 97 5 10 380 16 0 19 10 0 19 10 0 30 1 8 " Canterbury Loan Ordinance, 1802:"—" Contributions of Sinking Fund at 1 per cent., — On £22,800, one year to 31 December, 1888 Interest on Investments, — Immigration and Public Works Loan Debentures at 4£ per cent., —• On £1,015, one year to 15 October, 1888 General Purposes Loan Act Debentures at 5 per cent., — On £1,420, one year to 15 November, 1888 Consolidated Stock Debentures at 4J per cent., — On £300, one year to 28 November, 1888 Consolidated Stock Debentures at 5 per cent., — On £200, one year to 28 November, 3888 .. £890, 30 June to 28 November, 1888 Defence Loan Debentures at 4J per cent., — On £370, one year to 31 December, 1888 Deficiency Bills at 5 per cent., — On £840, half-year to 30 June, 1888 £330, 17 September to 31 December, 1888 Wellington-Manawatu Railway Company Debentures at 5 per cent., - On £480, one year and a half to 1 December, 1888, less income-tax .. On balances at Bank of New Zealand Investments realised, — Deficiency Bills redeemed, 30 June, 1888 4,510 0 0 228 0 0 8,932 19 5 45 13 8 71 0 0 13 10 0 10 0 0 18 8 2 1,309 11 4 16 13 0 21 0 0 4 14 11 35 1 0 5 10 7 840 0 0 " Otago Loan Ordinance, 1862: " — Contributions of Sinking Fund at 1 per cent., — On £115,700, one year to 1 July, 1888 Interest on Investments, — Immigration and Public Works Loan Debentures at 4J per cent., — On £2,567, one year to 15 October, 1888 .. .. General Purposes Loan Debentures at 5 per cent., — On £14,570, one year to 15 November, 1888 Defence Loan Debentures at 4J per cent., — On £4,950, one year to 81 December, 1888 City of Dunedin Mortgage at 7 per cent., — On £3,300, one year to 1 January, 1889 Wellington-Manawatu Railway Company's Debentures at 5 per cent., — On £3,765, one year and a half to 1 December, 1888, less income-tax Consolidated Stock Debentures at 4J per cent., — On £8,580, one year to 28 November, 1888 Consolidated Stock Debentures at 5 per cent., — On £3,700, one year to 28 November, 1888 £7,530, half-year to 28 November, 1888 Deficiency Bills at 5 per cent., — On £6,530, half-year to 30 June, 1888 £1,855, 17 September to 31 December, 1888 Borough of Thames Debentures at 5£ per cent., — On £1,200, one year to 1 October, 1888 On balances at Bank of Now Zealand Investments realised, — Deficiency Bills redeemed, 30 June, 1888 1,167 0 0 115 10 4 728 10 0 222 15 0 231 0 0 274 18 4 386 2 0 185 0 0 155 15 2 10,281 16 0 163 5 0 26 13 8 66 0 0 29 6 6 6,530 0 0 " Westland Loan Act, 1873 : " — Receipts from Land Interest on Investments, — Wellington-Manawatu RaiUvay Company's Debentures at 5 per oent., —I On £45, one year and a half to 1 December, 1888, less income-tax ,. Accrued interest on ditto to 30 March, 1888 46 15 8 3 5 7 0 14 8 Carried forward .. .. ■ ■ 50 15 11 27,072 8 9

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1889.

DISBURSEMENTS. £ s. a. £ s. a. Brought forward 15,166 5 1 J* ' * " Canteebuey Loan Ordinance, 1862:"— Investments, — Consolidated Stock at 5 per cent., 30 June, 1888 Deficiency Bills at 5 per cent., 17 September, 1888 890 0 0 330 0 0 1,220 0 0 " Otago Loan Oedinanck, 1862: " — Investments, — Consolidated Stock Debentures at 5 per cent., 30 June, 1888 Deficiency Bills at 5 per cent., 17 September, 1888 .. Wellington-Manawatu Railway Company's 5-per-cent. Debentures .. .. .. .. .. £45 0 0 Accrued interest to 29 March, .. .. .. 0 14 8 7,530 0 0 1,883 0 0 Consolidated Stock 5-per-cent. Debentures .. .. £300 0 0 Accrued interest to 29 March, .. .. .. 5 0 3 45 14 8 Deficiency Bills at 5 per cent. .. .. .. CO 0 0 Accrued interest to 29 March, .. .. .. 0 14 8 305 0 3 CO 14 8 9,796 9 7 " Westland Loan Act, 1873: "— Investments, — Consolidated Stock Debentures at 5 per cent., 30 June, 1888 .. Deficiency Bills at 5 percent., 17 September, 1888 .. Payment to Public Account 300 0 0 60 0 0 428 6 9 788 6 9 Carried forward .. .. .. .. .. 26,971 1 5

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the Dr. For the Year ended

EECEIPTS. s. d. s. cl. Brought forward 50 15 11 27,072 8 9 " Westlakd Loan Act, 1873 " — continued. Interest on Investments — continued. Deficiency Bills at 5 per cent., — On £300, half-year to 30 June, 1888 £60, 17 September to 30 March, 1889 Consolidated Stock Debentures at 5 per cent., — On £300, 30 Juno, 1888, to 30 March, 1889 On balances at Bank of Now Zealand Securities realised, 30 March, 1889, — Consolidated Stock 5-per-cent. Debentures Deficiency Bills at 5 per cent. Wellington-Manawatu Railway Company's Debentures at 5 per cent. .. Deficiency Bills redeemed, 30 June, 1888 7 10 0 1 11 11 11 4 4 0 13 9 "Noeth Otago Distbict Public Works Loan Act, 1872:" — Nil. 300 0 0 60 0 0 45 0 0 300 0 0 776 IS 11 Waitaea Haeboub Boaed :— Contributions of Sinking Fund at 1 per cent., — On £650, one year to 1 October, 1888 Interest on Investments, — Immigration and Public Works Loan Debentures 4J per cent., — On £49, one year to 15 October, 1888 General Purposes Loan Debentures at 5 per cent.,— On £90, one year to 15 November, 1888.. Deficiency Bills at 5 per cent., — On £80, half-year to 30 June 1888 £10, 17 September to 31 December, 1888 Wellington-Manawatu Eailway Company's Debentures at 5 per cent., — On £85, one year and a half to 1 December, 1888, less income-tax Consolidated Stock Debentures at 5 per cent., — On £80, 30 June to 28 November, 1888 On balances at Bank of New Zealand Investments realised, — Deficiency Bills redeemed, 30 June, 1888 6 10 0 2 4 0 4 10 0 2 0 0 0 2 11 103 10 11 6 4 0 1 13 1 0 6 11 80 0 0 Bobough of Hawbka :— Contributions of Sinking Fund at 1 per cent.,— On £6,200, one year to 1 August, 1888 Interest on Investments, — General Purposes Loan Debentures at 5 per cent., — On £80, one year to 15 November, 1888.. Deficiency Bills at 5 per cent., — On £80, half-year to 30 June, 1888 £80, 17 September to 31 December, 1888 Consolidated Stock Debentures at 5 per cent., — On £80, 30 June to 28 November, 1888 Borough of Hawera Debentures at 6 per cent., — On £176, one year to 1 February, 1889 On balances at Bank of New Zealand Investments realised, — Deficiency Bills redeemed, 30 June, 1888 62 0 0 4 0 0 2 0 0 13 0 161 16 11 1 13 1 10 11 2 0 9 8 80 0 0 Gbeymouth Habboub Boabd :— Contributions of Sinking Fund at 1 per cent., — On £100,000, one year to 1 March, 1889 Interest on Investments, — Wellington-Manawatu Eailway Company's Debentures at 5 per cent., — On £980, one year and a half to 1 December, 1888, less income-tax General Purposes Loan Debentures at 5 per cent., — On £480, one year to 15 November, 1888 .. Borough of Thames Debentures at 5J per cent., — On £500, one year to 1 October, 1888 Deficiency Bills at 5 per cent., — On £630, half-year to 30 June, 1888 £600, 17 September to 31 December, 1888 Consolidated Stock Debentures at 4J per cent., — On £500, 29 March to 28 May, 1888 £500, half-year to 28 November, 1888 Consolidated Stock Debentures at 5 per cent., — On £630, 30 June to 28 November, 1888 On balances at Bank of New Zealand Investments realised, — Deficiency Bills redeemed, 3CRJune, 1888 i i i 1,000 0 0 71 11 2 24 0 0 27 10 0 15 15 0 8 12 7 3 14 0 11 5 0 13 0 8 2 12 3 G30 0 0 Carried forward 1,808 0 8 29,922 13 2

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1889. Cr.

DISBUBSEMENTS. £ s. d. s. d, Brought forward 26,971 1 5 ,'' "NOBTH OtAGO DlSTBlCT PUBLIC WOBKS LOAN Ad, 1872:" — Payment to Public Account Waitaba Habboub Boaed :— Investments, — Deficiency Bills at 5 per cent., 17 September, 1888 Consolidated Stock Debentures at 5 per cent., 30 June, 1888 0 10 9 10 0 0 80 0 0 90 0 0 BOBOUGH OP HAWBBA I — Investments,— Consolidated Stock Debentures at 5 per cent., 30 June, 188S Deficiency Bills at 5 per cent., 17 September, 1888 .. 80 0 0 80 0 0 160 0 0 Gbeymouth Habbouh Boabd :— Investments, — Consolidated Stock Debentures at 5 per cent., 30 June, 1888 Deficiency Bills at 5 per cent., 17 September, 1888 £500 4-per-cent. New Zealand Inscribed Stock at 103J, 29 March, 1889 630 0 0 600 0 0 516 5 0 1,746 5 0 « Carried forward 28,967 17 2

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ACCOUNT of the RECEIPTS and DISBURSEMENTS of the Dr. For the Year ended

RECEIPTS. £ s. a. £ s. d. Brought forward Westpoet Habboub Board :— Contributions of Sinking Fund at 1 per cent., — On 150,000, half-year to 1 September, 1888 Interest on Investments, — Wellington-Manawatu Eailway Company's Debentures at 5 per cent., — On £1,480, one year and a half to 1 December, 1888, less income-tax Borough of Thames Debentures at 5J per cent., — On £800, one year to 1 October, 1888 Deficiency Bills at 5 per cent., — On £1,230, half-year to 30 June, 1888 £810, 17 September to 31 December, 1888 Borough of Cambridge Debentures at 6 per cent., — On £160, one year to 1 February, 1889 Consolidated Stock Debentures at 4J per cent., — On £700, 29 March to 23 May, 1888 £700, half-year to 28 November, 1888 Consolidated Stock Debentures at 5 per cent., — On £1,380, 30 June to 28 November, 1888.. On balances at Bank of New Zealand Investments realised, — Deficiency Bills redeemed, 30 June, 1888 750 0 0 108 1 5 44 0 0 30 15 0 11 13 0 29,922 13 2 9 12 0 5 3 7 15 15 0 28 10 11 2 17 9 1,230 0 0 2,236 8 8 849 18 4 Balance on 31 Maech, 1888 £33,009 0 2 Wellington, 25th April, 1889.

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1889. Cr.

DISBURSEMENTS. £ s. a. £ s. d. Brought forward Westeort Harboub Boaed: — Investments, — Consolidated Stock Debentures at 5 per cent., 30 June, 1888 .. Deficiency Bills at 5 per cent., 17 September, 1888 28,907 17 2 1,380 0 0 810 0 0 / " 2,190 0 0 * Balance on 31 Mabch, 1889 .. 1,851 3 0 £33,009 0 2 Jambs Secretary and Account; j. Gavin, tut to the Com: assioners.

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STATEMENT of the Funds held by the Commissioners of the Public Debts Sinking Funds on the 31st March, 1889.

<D Loans in bespect op which the Sinking Funds aee held. Secukities. When Securities are redeemable. o M " New Zealand Loan Act, 1860." " Lyttelton and "Canterbury Christchurch Loan Kailway Loan Ordinance, Ordinance, 18G2" 1860." j j I " Otago Loan I Waitara Borough i Greymouth Westport Ordinance, | Harbour | of Harbour Harbour 1862." j Board, i Hawera. Board. Board. Totals. "Auckland Loan Act, 1863." £ s. d. 12,600 0 0 1,000 0 0 5,589 0 0 13,270 0 0 i £ s. d. 1,980 0 Oj £ s. a. ioo o o! £ s. a. 370 0 0 i £ s. d. 1 £ s. a. 4,950 0 0; 2,567' 0 0 49 '6 Ot 14.570 0 0 90 0 0 3,300 0 0 i j S s. a. £ s. a. 80 0 0! 480 0 0 176 '6 0 '.'. & s. a. £ s. d. 20,000 0 0 1,000 0 0 13,000 0 0 54,700 0 0 3,300 0 0: 5,000 0 0 6,200 0 0; 9,000 0 0 6,000 0 0 650 0 0 350 0 0 20,000 0 0 51,000 0 0 31,900 0 0 5,398 0 0 3,500 0 0 6,300 0 0 Defence and Other Purposes Loan Debentures Immigration and Public Works Loan Debentures .. Ditto .. General Purposes Loan Debentures City of Danedin Mortgage Borough of Patea Debentures Borough of Hawera Debentures Waitara Harbour Debentures Ditto .. Ditto .. j Cambridge Borough Debentures .. i Wellington—Manawafcu Railway Company's Debentures Consolidated Stock Debentures .. .. Ditto .. i New Zealand Inscribed 4-per-cent. Stock | Borough of Thames Debentures Deficiency Bills 1 July, 1910 15 April, 1913 15 April, 1913 28 Nov., 1914 1 July, 1898 1 Feb., 1898 1 April, 1897 1 July, 1897 1 Aug., 1897 1 April, 1897 1889-1894 1 June, 1905 28 Nov., 1891 28 Nov., 1891 1 Nov., 1929 1 Oct., 1917. 30 June, 1890 4 5 7 6 6 6 6 6 6 5 4J 5 4 5 i 3,000 0 0 3,200 0 0 2,760 0 0 800 0 0 1,618 0 0 3,030 0 0 1,000 0 0 1,200 0 0 2,162 0 0 21,760 0 0 2,000 0 0; 2,824 0 0^ 2,000 0 C 500 0 0 650 0 0 1,015 0 0 1,420 0 0 •• I 210 0 0 3,000 0 0 240 0 0 3,000 0 0 90 0 0 •• 200 0 0 90 0 0 6,500 0 0 20,350 0 0 7,050 0 0 2,600 0 0 400 0 0 1,000 0 0 100 0 0 1,450 0 0 7,370 0 0 450 0 0 400 0 0, 600 0 0 690 0 0 5,215 0 0 13,200 0 0 9,610 0 0 1,898 0 0 " 480 0 a 300 0 0 1,090 0 0! .. | 3,810 0 0 85 0 0 I 8,580 0 0 11,530 0 0 80 0 0 j 980 0 0 : 500 0 0 80 0 0 630 0 0 500 0 0 500 0 0 80 0 0 600 0 0 160 0 0 1.480 0 0 700 0 0 1,380 0 0 •• 1,200 0 0 1,915 0 0; 10 0 0 800 0 0 810 0 0 865 0 0 330 0 0 .Cash in Bank of New Zealand 180,209 0 0 109 19 7 19,888 0 0* 13 6 2 !62,784 0 05,215 0 058,422 0 0 644 0 0 393 11 3 234 6 9J 862 10 11 14 14 5 i416 0 0'4,190 0 05,530 0 0 237,298 0 0 I 10 11 111 79 13 2 132 8 10 1,851 3 0 Totals !80,318 19 7| 19,901 6 263,177 11 35,449 6 959,284 10 11658 14 6 re 11 ii|4, 289 13 25,662 8 10289,149 3 0 ion, 7th May, 1889. Jambs C. Gavin, Y and Accountant to the Commissioners. Wellini Secretai-

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STATEMENT showing the Debentures of each Loan in Circulation, and the Sinking Funds accrued on 31st March, 1889.

Authority : Geokge Didsbury, Government Printer, Wellington.—lBB9.

Debentures Tia.te of ,.. , . Debentures Kate ot e;,,iri,, r , i ? ,,,, r1 Loans. in Sinking When redeemable. a™££ U Circulation. Fund. acuued. Debentures Bate of in Sinking Circulation. Fund. When redeemable. Sinking Funds accrued. U.UUiailUii. J? UIIU. £ Per cent. £ s. £ s. d. 80,318 19 7 19,901 6. 2 ,<■ 63,177 11 3 5,449 6 9 59,284 10 11 & JL Ul UU11L. S. "New Zealand Loan Act, 1860" .. .. 74,100 2 1 July, 1891 .. .. 80,318 19 " Auckland Loan Act, 1863" .. .. 31,600 2 1 June, 1896 .. .. 19,901 6. " Lyttelton and Christehurch Railway Loan '/>' Ordinance, 1860" .. .. .. 77,700 2 30 years from issue .. 63,177 11 " Canterbury Loan Ordinance, 1862" .. 22,800 1 50 years from issue .. 5,449 6 " Otago Loan Ordinance, 1802" .. .. 116,700 1 1 July, 1898 .. .. 59,284 10: I 9.(10(1 I 11 Jlnlv. 1897 . . £ 74,100 31,600 Per cent. 2 ' 2 1 July, 1891 .. 1 June, 1896 .. u. 7 3 9 11 77,700 22,800 110,700 f 9,000 ) 6,000 ( 650 ) 0,200 100,000 130,000 2 1 1 30 years from issue 50 years from issue 1 July, 1898 .. 1 July, 1897 .. 1 August, 1897 1 April, 1897 .. 1 April, 1897 .. 1 March, 1925 1 March, 1925 ;i,uuu , j. j-uiy, j.»»i .. .. Waitara Harbour Loans .. .. .. ] 6,000 'p 1 ■! 1 August, 1897 .. \ 658 14 I a^r\ I I i Anvil iso7 l| } 658 14* 5 5 ( 650 ) ( 1 April, 1897 .. .. ) Borough of Hawera Loans.. .. .. 0,200 1 1 April, 1897 .. .. 426 11: Greymouth Harbour Loan.. .. .. 100,000 1 1 March, 1925 .. 4,269 13 Westport Harbour Loan .. .. .. 150,000 1 1 March, 1925 .. 5,662 8: 1 1 1 426 11 11 4,209 13 2 5,662 8 10 11 2 10 Totals ... .. .. '£594,750 .. .. £239,149 3 ' £594,750 0 £239,149 3 0 STATEMENT of the Expenses incurred during the Year ended 31st March, 1889. Nil. • James C. Gavin, Secretary and Accountant to the Commissioners. Wellington, 7th May, 1889. Examined and found correct. James Edward EitzGekald, Controller and Auditor-General. [Approximate Cost of Paper. —Preparation, nil; printing (1,325 copies), £8 7s. Od.j