PUBLIC ACCOUNTS COMMITTEE. (REPORT SUBMITTING A RETURN RELATIVE TO THE TRUST FUNDS OF THE COLONY.)

Appendix to the Journals of the House of Representatives, 1892 Session I, I-07c

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1892. NEW ZEALAND.

PUBLIC ACCOUNTS COMMITTEE. (REPORT SUBMITTING A RETURN RELATIVE TO THE TRUST FUNDS OF THE COLONY.)

Brought zip sth October, and ordered to be printed.

The Public Accounts Committee have the honour to report that they have obtained a return showing the manner in which the several trust funds of the colony are invested, and submit the same for the information of this honourable House. A. E. Guinness, sth October, 1892. Chairman.

Return showing the manner in which the several Trust Funds of the Colony are invested.

Investments on Mortgage. Securities. Bodies - Invest- Fixed menty in Deposits, or other Cash Securities. in Banks. Total Investments. Interest overdue.. 3-eneral Post Office Government Insurance Public Trust Office Oommissioners of Public Debts Sinking Funds £ s. d. 412,355 0 S 273,486 4 8 £ 2,166,993 876,843 247,60S .0. 363,800 141,507 2,067 £ s. ' £ s. d. £ s. d. 2,530,793 0 0 1,430,705 0 5 526,490 6 11 £ s. d. 1,815 0 0 946 17 7 1.5S3 15 ' 1,745 7 ' 3 3,300 0 0 164,541 24,570 20,000 0 941 1 2 213,352' 1 2 *3,745 16 0 Total .. 689,141 5 1 3,455,985 531,944 21,583 15 2,686 8 5 4,701,340 8 6 6,507 13 7 Investments iUEING TB :e Yeae 18! 91-92. Gteneral Post Office jovernment Insurance Public Trust Office Oommissioners of Public Debts Sinking Funds £ s. d. £ 180,655 fl85,720 0 0 ; 56,914 80,392 0 0 i 11,400 £ 116,500 2,000 £ 3. £ s. d. £ s. a. 297,155 0 0 244,634 0 0 91,792 0 0 a s. j. 14,590 3,500 18,090 0 0 Total .. .;; 266,112 0 0 263,559 122,000 65.1,671 0 0 ' * Waitara Harbour Board. tThis'incl Noik.—For particulars of interest and sinking fund < Compiled' from departmenta udes £59,720, overdue, sec t ,1 returns. Did mortgages r lepartmental rt - ■■ . .;. . :u '. .. ■enewed. 3turns attached. ■ • Jam: 3S B. Hey^ Secre , ,vooi>, tary to -tbe-Treasury: ■ The Treasury, 29th September, 1892.

I.—7c.

Statement of the Investments of the General Post Office, 31st March, 1892.

Statement of the Investments of the Government Life Insurance Department, 31st August, 1892.

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Particulars. Bate of Interest. Amount. Total. Government Securities, — Consolidated Stock Loan, 1884 Defence and other Purposes Loan, 1870 Per Cent. 4 4 5 4i 4 4 44 4 *4 4 £ s. d. 13,000 0 0 901,793 0 0 250,000 0 0 75,000 0 0 5,000 0 0 132,600 0 0 94,200 0 0 76,100 0 0 5,200 0 0 2,000 0 0 173,200 0 0 14,900 0 0 424,000 0 0 £ s. a. Deficiency Bills Treasury Bills District Railways Loan, 1885 .. .. General Purposes Loan, 1873 Government Loans to Local Bodies Loan, 1886 Immigration and Public Works Loan, 1870 2,166,993 0 0 (guaranteed) .. Other Securities, — Hamilton Borough Loan Oamaru Borough Loan Thames Borough Loan.. Greymouth Harbour Board Loan Hokitika Harbour Board Loan Oamaru Harbour Board (advances) (mortgages) Patea Harbour Board Loan Thames Harbour Board Loan Westport Harbour Board Loan North Rakaia River Board Loan 5* 5 6 5 5 5 0i 5 6 5 5 3,000 0 0 13,800 0 0 6,500 0 0 50,000 0 0 10,000 0 0 30,000 0 0 *33,000 0 0 10,000 0 0 4,000 0 0 200,000 0 0 3,500 0 0 363,800 0 0 Total Investments 2,530,793 0 0 ' One year's interest to Hist July, 1892, unpaid, £1,815.

Particulars. Bate of Interest. Amount. Total. Government Securities, — Consolidated Stock Loan, 1884 Immigration and Public Works Loan, 1870 Kaihu Valley Railway Debentures Treasury Bills.. Per Cent. 4 5 5 *i c> 6i . £ s. d. 680,079 0 0 1,914 0 0 4,850 0 0 59,000 0 0 56,000 0 0 40,000 0 0 35,000 0 0 £ s. d. Waimea Plains Railway Debentures Other Securities, — Ashburton County Council Akaroa Borough Council Arrowtown Borough Council Blenheim Borough Council East Invercargill Borough Council Feilding Borough Council Hastings Borough Council Kaiapoi Borough Council Lawrence Borough Council Lyttelton Borough Council Marton Borough Council Masterton Borough Council North Invercargill Borough Council Parnoll Borough Council Queenstown Borough Council South Dunedin Borough Council South Invercargill Borough Council Sydenham Borough Council Wanganui Borough Council Wellington Borough Council Wanganui Harbour Board Wellington Harbour Board Pukaka River Board Waiohine Eiver Board Otago University 7 6 7 6 BJ 7 51 64 6J 5 7 6 6 6£ 7 <5J 7 5 7 5 64 5 6 6 6 1,000 0 0 1,500 0 0 2,500 0 0 3,000 0 0 3,000 0 0 5,800 0 0 18,000 0 0 2,000 0 0 2,000 0 0 3,000 0 0 5,000 0 0 2,000 0 0 1,000 0 0 6,672 0 0 3,500 0 0 9,700 0 0 3,400 0 0 25,000 0 0 1,000 0 0 7,500 0 0 10,000 0 0 9,000 0 0 435 0 0 500 0 0 15,000 0 0 876,843 0 0 141,507 0 0 *412,355 0 5 Mortgages Total Investment!! 1,430,705 0 5 * Interest overdue, £Si6 17s. 7d.

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Statement of the Investments of the Public Trust Office, 31st August, 1892.

Statement of the Investments of the General Post Office during the Year 1891-92.

Statement of the Investments of the Government Life Insurance Department during the Year 1891-92.

Statement of the Investments of the Public Trust Office during the Year 1891-92.

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Particulars. Rate of Interest. Amount. Total. ■Government Securities— Consolidated Stock Loan, 1884 .. General Purposes Loan, 1873 Government Loans to Local Bodies Loan, 1886 Immigration and Public Works Loan, 1870 Kaihu "Valley Railway Debentures Treasury Bills Per Cent. ±i 4 4£ 4 5 *i 5 £ s. d. 31,400 0 0 1,036 0 0 1,000 0 0 672 0 0 23,100 0 0 131,400 0 0 59,000 0 0 £ s. a. 247,608 0 0 Other Securities — Dunedin City Mortgage Dunedin City Waterworks Loan.. Invercargill South Borough Loan Masterton Borough Loan 7 6 6 6 228 0 0 639 0 0 1,000 0 0 200 0 0 Mortgages of Real Property .. ... Shares Fixed Deposits 2,067 0 0 273,486 4 8 1,583 15 0 1,745 7 3 Total Investments 526,490 6 11

Particulars. Eate of Interest. Amount. Total. Government Securities — Consolidated Stock Loan, 1884 Deficiency Bills Government Loans to Local Bodies Loan, 1886 Per Cent. 5 44 £ s. a. 90,955 0 0 31,300 0 0 58,400 0 0 £ s. a. 180,055 0 0 Other Securities — Westport Harbour Board 5 116,500 0 0 Total Investments 297,155 0 0

Particulars. Kate of Interest. Amount. Total. ■Government Securities, — Consolidated Stock Loan, 1884 .. Deficiency Bills Per Cent. 4* 5 £ s. a, 36,914 0 0 20,000 0 0 & s. d. 56,914 0 0 Other Securities, — Masterton Borough Mortgages 0 2,000 0 0 185,720 0 0 Total Investments 244,634 0 0

Particulars. Eato of Interest. Amount. I Total. ■Government Securities, — Consolidated Stock Loan, 1884 Government Loans to Local Bodies Loan, 1886 Mortgages Total Investments f £ a. d. 10,400 0 0 1,000 0 0 i £ s. a. 11,400 0 0 80,392 0 0 91,792 0 0

I.—7c.

Return of the Investments of the Public Debts Sinking Funds, as required by the Public Accounts Committee, as on 31st August, 1892.

Approximate Cost of Paper.— Preparation, not given; printing (1,160 copies), £10 10s.

Price 6d.\ By Authority : Gecege Didsbuet, Government Printer, Wellington.-1892.

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Loans in resjoect of which the Sinking Funds are held. Securities held. I 'i i co ■C-0 Auckland Canterbury Loan Act, R»iL„£ r o»,J Loan Ordi1863. ™66 i u ance . 1862. Otago Loan : Waitara Ordinance, ; Harbour 1602. ■ Board. Borough of Hawera. Westport Harbour Board. Greymouth Harbour Board. Borough I Cou ?ty , Borough Borough of : W °?L of of Total. Tauranga. I £Sta Brunner. Hokitika. Total :: of each Class." i £ s. d, 9,350 0 0 1. Government Securities — Defence Loan Debentures Immigration ana Public Works Debentures .. .. \ ■ Immigration ana Public Works Debentures General Purposes Loan Debentures Treasury Bills Consoliaated Stock Debentures Government Loans to Local Boaies Debentures .. ] 2. Loans to Local Boaies — County of Waitemata „ ■ - Tauranga Borough of Patea „ Hawera .. „ Cambridge* „ ■ Thames .. „ Tauranga „ Hokitika „ Brunner Waitara Harbour Boardf 3. On Mortgage — City of Dunedin 4. Other Securities — Wellington and Manawatu Bailway Debentures o/ /o /o £ s. a. 3,100 0 0 £ s. a. 670 0 0 £ s. a. 5,680 0 0 £ s. a. £ s. a. £ s. a. 700 0 0 £ s. a. 500 0 0 £ s. a. £ s. a. £ s. a. £ s. a. ' £ 20,000 "?§ s. a. I ' 4 1,618 0 o' 1,000 0 0 ! I 1,000 4J 7,751 0 0 1,015 0 0 2,567 0 Oi 49 0 Oj 13,000 5 44 3,030 0 0: 3,320 0 01 1,520 0 o: 28,260 0 0 I 2,715 0 0 115,816 0 0 1,420 0 0! 560 0 0 2,520 0 0: 21,420 0 0 3,135 0 0 28,050 0 o: 90 0 0 50 0 0 J225 0 0 1,300 0 0 6,060 0 0 480 0 0 1,020 0 0 2,310 0 0 160 *0 0 30 0 0i 20 0 0 30 6 0 54,700 12,100 56,741 4J, S80 0 0, 1,720 0 0 200 0 0 2,120 0 0 120 0 0 " 700 0 0 1,100 0 0 ! 30 0 0 ! 10 0 0 120 0 0 7,000 164,541 0 6 5 5 "6 6 5 6 6 3 4 2 1 80 0 0! 270 0 0 2,990 0 0 50 0 0 600 0 0 700 0 0 200 0 0 110 0 0 320 0 0 ' 510 0 0 2,010 0 0 | 4,359 0 0 400 0 0 20 0 0 60 0 0 •• " •• 160 0 0 620 0 0 145 0 0 | 1,200 0 0 ' 1,700 0 0 580 0 0 j 370 0 0 ! •• | 696 0 0 •• 220 0 0 210 0 0 90 0 0 800 0 0 200 0 0 210 0 0 430 0 0 200 0 0 330 0 0 •• 500 0 0 600 0 0 180 0 0 40 0 0 - - - •• .. 1,000 2,000 5,000 5,200 140 3,500 3,400 2,500 1,500 330 2 6 2 1 i 1,300* 0 0 i 450 0 0 200 0 0 50 0 0 40 0 0! .: • 20 0 0 20 0 0 330 0 -0 10 '6 0 : 40 0 0' " 24,570 0 I 7 3,300 0 0 3,300 1,450 0 0 111,715 0 0 I 3,810 0 0 980 0 0 3,300 0 ( 480 0 0| 85 0 '0 1,480 0 0 20,000 •• . •• •• 20,000 0 ( 212,411 0 i 941 1 : Cash in bank .. "I 3 26,168 0 0 129 17 11 80,426 0 0 516 10 4 7,235" 0 0 19 13 2 175,807 0 Oi ! 124 2 8| 1 989 0 -0 | 5 4 7 696 0 0 73 17 2 12,400 0 0 41 13 7 8,240 0 0' 24 12 7 j 210- 0 0: 3 12 2 60 0 0 | 0 12 10 30 0 0 0 3 2 150 0 0j 1 1 0 | :26,297 17 11 80,942 10 4 7,254 13 2 175,931 2 8 994 4 7 769 17 2 12,441 13 7 8,264 12 7 1213 12 2 ;60 12 101 30 3 2 151 1 0 213,352 1 : Investments maae during the past financial year, 1891-92 — .- Brunner Borough Debentures Tauranga County Debentures I ) 6 5 2 2 110 0 0 ! 270 0 0 450 0 0 510 0 0 40 0 0 60 0 0 > 370 0 0 I 620 0 0 20 0 0 ! ! 430 0 0 210 0 0 1,500 2,000 •■ 40 0 0 330 0 0 40 0 0 Consolidated Stock Debentures Government Loans to Local Boaies Debentures 4J 670 0 0 2,840 0 0 240 0 0 > 1,740 0 0 90 0 0 1,540 0 0 390 0 0 40 0 O 1 : io 0 0 i 30 0 oj I |t7,590 3,500 0 2 880 0 0 1,720 0 0 200 0 0 ) 2,120 0 0 120 0 0 700 0 0 1,100 0 0 30 0 Oi 10 0 0 120 0 0, j 7,000 14,590 0 1,930 0 0 5,520 0 0 540 0 0 J ! i 4,850 0 o' 230 0 C 2,880 0 0 •• 1,860 0 0 80 0 o! !40 0 0 10 0 Oi 150 0 0 18,090 0 * Redeems £70 yearly. t Hf account of the New Zealand Loan, 1860, but sar'f tlm interest is at i amount was rt (resent due by this Board under present arrangement, in addition to former arrears already repoj ileased on maturity of the loan, 'ted upon b; Commis; sioners. t £1,710 was iso invested oj