CHARGES FOR RAISING LAST SIX NEW ZEALAND LOANS.

Appendix to the Journals of the House of Representatives, 1889 Session I, B-15a

8.—15a

1889. NEW ZEALAND.

CHARGES FOR RAISING LAST SIX NEW ZEALAND LOANS.

Return to an Order of the House of 'Representatives dated 18th May, 1888. Ordered, ." That a return be laid on the table showing the charges per cent, of raising each of the last six New Zealand loans."—(Dr. Newman.)

Return showing the Charges per Cent. of raising Each of the Last Six New Zealand Loans.

Jas. B. Heywood, Treasury, Wellington, 29th August, 1889. Accountant to the Treasury.

[Approximate Cost of Paper.— Preparation, nil; printing (1,200 copies), 17s. 6<J j

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

Amount of Loan. US" » Canf S : Cost 3lgl S Exposes. P^Cent. ,2 ri H § 1 D Remarks. loan of 1879 (issued at £97 10s., average price £97 10s.) lioan of 1882, first million (issued at £98 10s., average price £98 12s. 5d.) Joan of 1882, second million (issued at £98 10s., average price £100 6s. 6a.) Loan of 1882, third million (issued at £97 10s., average price £99 10s. Id.) Loan of 1884 (issued at £97 10s., average price £100 6s. 2d.) Loan of 1886 (issued at £97, average price £97 5s.) 5,000,000 £ £ £ 210,747 4-215 I 1-714 Discount, £125,000. | 1,000,000 29,625 2'962 1-585 Discount, £] 3,774. 1,000,000 13,518 | 1-351 1-676 Premium, £3,246. 1,000,000 21,229 2-122 j 1-628 Discount, £4,944. 1,500,000 21,951 | 1-463 i 1-775 59,447 4-486 1-735 Premium, £4,680. Discount, £36,453. 1,325,000