SINKING FUNDS.

Appendix to the Journals of the House of Representatives, 1898 Session I, B-08

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1898. NEW ZEALAND.

SINKING FUNDS.

BEPOBT AND ACCOUNTS OF THE COMMISSIONERS OP THE PUBLIC DEBTS SINKING FUNDS FOB THE YEAB ENDED 31st MARCH, 1898.

Presented to both Houses of the General Assembly in compliance with the 6th Section of " The Public Debts Sinking Funds Act, 1868."

EBPOET. Government Buildings, Wellington, 26th May, 1898. The Commissioners of the Public Debts Sinking Funds have the honour to lay before Parliament the account of their transactions for the year ended on the 31st March last. The debentures to the amount of £4,500 which were issued under " The Lyttelton and Christchurch Eailway Loan Ordinance, 1860," and became due on the Ist January, 1897, and which, as indicated in the Commissioners' report on the accounts for the financial year ended on the 31st March, 1897, had not been presented for payment up to the close of that year, have since been paid off, and the whole of the relative sinking funds, amounting to £14,071 3s. 4d., released and handed to the Treasury. With this exception there is nothing in the appended accounts of the transactions of the year just closed to call for any special mention. J. K. Waebueton, Chairman.

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

BECEIPTS. £ s. a. £ s. d. Lyttelton and Christchurch Bailway Loan, I860: — Interest on Investments, — On £450, Borough of Brunner 6-per-cent. Debentures, half-year to 9 May, 1897 „ £450, ditto, 9 May to 1 June, 1897.. „ £320, County of Waitemata 6-per-cent. Debentures, half-year to 1 June, 1897 „ £7,015, Wellington and Manawatu Bailway 5-per-cent. Debentures, half-year to 1 June, 1897, less income-tax .. „ £4,700, ditto, 1 December to 31 March, 1897 .. „ £20, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, half-year to 1 June, 1897 „ £510, County of Tauranga 5-per-cent. Debentures, 1 January to 1 June, 1897 .. 13 10 0 1 14 0 9 12 0 169 10 7 74 17 10 0 10 0 10 11 0 Securities realised, — 28 May, 1897. Wellington and Manawatu Bailway 5-per-cent. Debentures .. ... 1 June, 1897. Borough of Brunner 6-per-cent. Debentures „ „ County of Waitemata 6-per-cent. Debentures „ „ County of Tauranga 5-per-cent. Debentures , „ Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures „ „ Wellington and Manawatu Bailway 5-per-cent. Debentures Transferred from Investment Account, — 28 May, 1897. Consolidated Stock 4J-per-cent. Debentures 280 5 5 4,700 0 0 450 0 0 320 0 0 510 0 0 20 0 0 2,315 0 0 4,700 0 0 13,295 5 5 " Canterbury Loan Ordinance, 1862 ":— Contribution to Sinking Fund for year to 31 December, 1897, 1 per cent, on £16,000 Interest on Investments, — On £1,015, Immigration and Public Works Loan 4J-per-cent. Debentures, one year to 15 October, 1897 „ £40, Borough of Brunner 6-per-cent. Debentures, one year to 9 November, 1897 „ £300, ditto, 1 June to ditto „ £200, Borough of Tauranga 5-per-cent. Debentures, one year to . 1 November, 1897 „ £3,140, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1897 „ £145, ditto, 1 July to ditto „ £2,660, Consolidated Stock 4£-per-cent. Debentures, one year to 28 November, 1897 .. „ £20, County of Waitemata 6-per-cent. Debentures, one year to 1 December, 1897 „ £150, ditto, half-year to ditto „ £670, Defence Loan 4J-per-cent. Debentures, one year to 31 December, 1897 .. „ £510, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1898 . „ £480, Wellington and Manawatu Bailway 5-per-cent. Debentures, one year to 1 December, 1897, less income-tax „ £25, ditto, 1 July to ditto „ £270, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1897 „ £60, County of Tauranga 5-per-cent. Debentures, one year to 1 January, 1898 .. .. „ £350, Borough of Hokitika 6-per-cent. Debentures, one year to 5 January, 1898 „ £40, Lands Improvement Loan 4-per-cent. Debentures, one year to 31 March, 1898 „ Bank balances 160 0 0 45 13 6 2 8 0 7 17 4 10 0 0 157 0 0 2 13 10 119 14 0 14 0 4 10 0 30 3 0 25 10 0 23 4 0 0 10 1 13 10 0 3 0 0 21 0 0 1 12 0 2 19 0 Securities realised, — 1 January, 1898. Westport Harbour Board 5-per-cent. Debentures matured 632 8 9 510 0 0 " Otago Loan Ordinance, 1862 ":— Interest on Investments, — On £2,200, Borough of Thames 5J-per-cent. Debentures, one year to 1 October, 1897 „ £4,836, Immigration and Public Works Loan Debentures, one year to 15 October, 1897 „ £49, ditto, 1 July to ditto .. .. .. ' „ £2,000, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1897 „ £480, Borough of Brunner 6-per-cent. Debentures, one year to 9 November, 1897 „ £17,110, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1897 1,142 8 9 ■ 121 0 0 217 12 6 0 12 9 100 0 0 28 16 0 . 855 10 0 Carried forward 1,323 11 3 14,437 14 2

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1898.

DISBUESEMENTS. £ s. d. £ s. d. Lyttelton and Christchurch Bailway Loan, 1860 :— Investments, — 28 May, 1897. Consolidated Stock 4J-per-cent. Debentures Funds released, — 28 May, 1897. Consolidated Stock 4J-per-cent. Debentures £ s. d. handed to Treasury .. ..4,700 0 0 1 June, 1897. Payment to Public Account .. .. 4,671 3 4 4,700 0 0 9,371 3 4 14,071 3 i " Canterbury Loan Ordinance, 1862 " :— Investments, — 1 June, 1897. Borough of Brunner 6-per-cent. Debentures .. „ „ County of Waitemata 6-per-cent. Debentures 1 July, „ General Purposes Loan 5-per-cent. Debentures „ „ Wellington and Manawatu Railway 5-per-cent. Debentures 1 Jan., 1898. Westport Harbour Board 4-per-cent. Debentures 300 0 0 150 0 0 145 0 0 25 0 0 510 0 0 1,130 0 0 " Otago Loan Ordinance, 1862": — Investments, — 28 May, 1897. Wellington and Manawatu Bailway 5-per-cent. Debentures 1 June, „ Wellington and Manawatu Bailway 5-per-cent. Debentures „ „ County of Waitemata 6-per-cent. Debentures „ County of Tauranga 5-per-cent. Debentures 1 July, „ Wellington and Manawatu Bailway 5-per-cent. Debentures „ Immigration and Public Works Loan 4J-per-cent. Debentures „ Consolidated Stock 4-per-cent. Debentures.. 4,700 0 0 2,315 0 0 170 0 0 370 0 0 25 0 0 49 0 0 115 0 0 Carried forward 7,744 0 0 15,201 3 4

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

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BECEIPTS. £ s. d. £ s. d. Brought forward 1,323 11 3 14,437 14 2 " Otago Loan Ordinance, 1862 " — continued. Interest on Investments — continued. On £15,680, Consolidated Stock 4J-per-cent. Debentures, half-year to 28 May, 1897 „ £4,700, ditto, 28 November, 1896, to 31 March, 1897 „ £10,980, ditto, half-year to 28 November, 1897 „ £210, ditto, 1 July to ditto „ £1,695, ditto, 4-per-cent. Debentures, one year to 28 November, 1897 „ £115, ditto, 1 July to ditto „ £240, County of Waitemata 6-per-cent. Debentures, one year to 1 December, 1897 „ £170, ditto, half-year to ditto „ £700, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1897 .. ... „ £5,260, Wellington and Manawatu Bailway 5-per-cent. Debentures, half-year to 1 June, 1897, less income-tax .. „ £4,700, ditto, 31 March to ditto .. „ £16,975, ditto, half-year to 1 December, 1897.. „ £25, ditto, 1 July to ditto „ £15,030, Defence Loan 4J-per-cent. Debentures, one year to 31 December, 1897 „ £3,300, City of Dunedin Mortgage, at 7 per cent., one year to 1 January, 1898 .. „ £7,140, Westport Harbour Board 5-per-cent. Debentures, one year to 1 January, 1898 „ £890, County of Tauranga 5-per-cent. Debentures, one year to 1 January, 1898 „ £370, ditto, 1 June to ditto „ £1,730, Borough of Hokitika 6-per-cent. Debentures, one year to 5 January, 1898 „ £1,100, Borough of Palmerston North 5-per-cent. Debentures, one year to 20 January, 1898 .. .. . • „ £4,000, Borough of Hawera 6-per-cent. Debentures, half-year to j 1 August, 1897 „ £3,900, ditto, 1 August to 21 September, 1897 „ £5,000, Borough of Patea 5-per-cent. Debentures, one year to 1 February, 1898 „ £230, Government Loans to Local Bodies 3J-per-cent. Debentures, 1 July to 1 September, 1897 „ £230, ditto, half-year to 1 March, 1898 „ £4,80(3, ditto, 29 September to ditto „ £1,850, Lands Improvement Loan 4-per-cent. Debentures, one year to 31 March, 1898 „ Bank balances | 352 16 0 71 5 6 247 1 0 3 17 0 67 16 0 1 17 6 14 8 0 5 2 0 35 0 0 127 2 4 38 13 10 410 4 7 0 10 1 676 7 0 231 0 0 357 0 0 44 10 0 10 16 11 103 16 0 55 0 0 120 0 0 32 13 11 250 0 0 17 4 4 0 6 70 8 5 74 0 0 27 15 5 ! Securities realised, — 9 Aug., 1897. Borough of Hawera 6-per-cent. Debentures 21 Sept., „ Ditto, paid off 28 May, „ Consolidated Stock 4J-per-cent. Debentures i 1 Jan., 1898. Westport Harbour Board 5-per-cent. Debentures mai tured 4,758 0 7 100 0 0 3,900 0 0 4,700 0 0 7,140 0 0 20,598 0 7 Waitara Harbour Board :— Interest on Investments, — On £49, Immigration and Public Works Loan 4J-per-cent. Debentures, half-year to 15 April, 1897 , £49, ditto, 15 April to 1 July „ £20, Borough of Brunner 6-per-cent. Debentures, one year to 9 November, 1897 „ £190, General Purposes Loan 5-per-cent. Debentures, half-year to 15 May, 1897 „ £145, ditto, 15 May to 1 July, 1897 „ £45, ditto, half-year to 15 November, 1897 .. „ £210, Consolidated Stock 4J-per-cent. Debentures, half-year to 28 May, 1897 , £210, ditto, 28 May to 1 July , £115, ditto, 4-per-cent. Debentures, half-year to 28 May, 1897 „ £115, ditto, 28 May to 1 July „ £150, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1898 .. .. .. .. .. „ £85, Wellington and Manawatu Bailway 5-per-cent. Debentures, half-year to 1 June, 1897, less income-tax .. .. • „ £50, ditto, 1 June to 1 July „ £35, ditto, half-year to 1 December, 1897 „ £30, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1897 „ £70, Government Loans to Local Bodies 3J-per-cent. Debentures, one year to 1 March, 1898 „ £230, ditto, 1 March to 1 July 12 0 0 9 3 14 0 4 15 0 0 18 8 12 6 4 14 6 0 17 6 2 6 0 0 8 6 7 30 0 2 11 0 4 0 0 16 11 1 10 0 2 9 0 2 13 2 Carried forward .. .. .. . • 35 2 1 35,035 14 9

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1898.

DISBUESEMENTS. £ s. d. £ s. d. Brought forward "Otago Loan Ordinance, 1862"— continued. Investments— continued. 1 July, 1897. Consolidated Stock 4J-per-cent. Debentures „ „ Government Loans to Local Bodies 3J-per-cent. Debentures 29 Sept., „ Government Loans to Local Bodies 3£-per-cent. Debentures 1 Jan., 1898. Westport Harbour Board 4-per-cent. Debentures 7,744 0 0 210 0 0 15,201 3 4 230 0 0 20,124 0 0 4,800 0 0 7,140 0 0 - ' ■: D .■■• *'■;■' ' ■ Waitara Harbour Board :— Investments, — 1 Jan., 1898. Westport Harbour Board 4-per-cent. Debentures Funds applied to repayment of Board's Debentures, — 29 Sept., 1897. In part of Debentures for £650, due 1 April, 1897 In part of Debentures for £9,000, due 1 July, 1897 150 0 0 77 7 6 1,035 0 0 1,262 7 6 '■■ 36,587 10 10 Carried forward

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

EECEIPTS. £ s. a. £ s. d. Brought forward 35 2 1 35,035 14 9 Waitara Harbour Board— continued. Interest on Investments — continued. On £20, Borough of Hokitika 6-per-cent. Debentures, one year to 5 January, 1898 „ £10, Lands Improvement Loan 4-per-cent. Debentures, one year to 31 March, 1898 „ Bank balances 14 0 0 8 0 0 1 10 Securities realised, — 1 July, 1897. Immigration and Public Works Loan 4J-per- £ s. d. cent. Debentures .. .. .. 49 0 0 General Purposes Loan 5-per-cent. Debentures .. .. .. .. 145 0 0 „ Consolidated Stock 4-per-cent. Debentures .. 115 0 0 „ „ Consolidated Stock 4£-per-cent. Debentures 210 0 0 Government Loans to Local Bodies 3J-per-cent. Debentures .. .. .. 230 0 0 Wellington and Manawatu Bailway 5-per-cent. Debentures .. .. .. 50 0 0 Waitara Harbour Board 6-per-cent. Debentures .. .. .. .. 240 0 0 1 Jan.. 1898. Westport Harbour Board 5-per-cent. Debentures .. .. .. .. 150 0 0 36 15 11 1,189 0 0 1,225 15 11 Borough of Hawera:— Contribution to Sinking Fund to 1 August, 1897 Interest on Investments, — On £1,200, Borough of Hawera 6-per-cent. Debentures, half-year to 1 August, 1897 27 9 11 36 0 0 Transferred from Investment Account, — 21 Sept., 1897. Borough of Hawera 6-per-cent. Debentures matured .. 63 9 11 1,300 0 0 1,363 9 11 Westport Harbour Board :— Contribution to Sinking Fund for one year to 1 March, 1898 Interest on Investments,— On £600, Immigration and Public Works Loan 4J-per-cent. Debentures, one year to 15 October, 1897 „ £800, Borough of Thames 5J-per-cent. Debentures, one year to 1 October, 1897 .. ' . . „ £1,150, Land for Settlements 3J-per-oent. Debentures, 19 December, 1896, to 31 October, 1897 „ £430, Borough of Brunner 6-per-cent. Debentures, one year to 9 November, 1897 ., £400, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1897 „ £3,680, Consolidated Stock 4J-per-cent. Debentures, one year to 28 November, 1897 .. „ £3,360, Consolidated Stock 4-per-cent. Debentures, one year to 28 November, 1897 .. „ £220, County of Waitemata 6-per-cent. Debentures, one year to 1 December, 1897 „ £630, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1897 „ £700, Defence Loan 4J-per-cent. Debentures, one year to 31 December, 1897 .. „ £1,620, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1898 „ £1,480, Wellington and Manawatu Railway 5-per-cent. Debentures, one year to 1 December, 1897, less income-tax £2,600, Government Loans to Local Bodies 3£-per-cent. Debentures, half-year to 1 September, 1897 .. „ £1,200, ditto, 28 May to ditto „ £3,800, ditto, half-year to 1 March, 1898 „ £1,000, ditto, 29 September to ditto „ £3,290, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1897 .. „ £210, County of Tauranga 5-per-cent. Debentures, one year to 1 January, 1898 „ £210, Borough of Hokitika 6-per-cent. Debentures, one year to 5 January, 1898 „ £40, Borough of Palmerston North 5-per-cent. Debentures, one year to 20 January, 1898 .. „ £1,230, Lands Improvement Loan 4-per-cent. Debentures, one year to 31 March, 1898 „ Bank balances 1,500 0 0 27 0 0 44 0 0 34 13 8 25 16 0 20 0 0 165 12 0 134 8 0 13 4 0 31 10 0 31 10 0 81 0 0 71 10 8 45 10 0 11 0 11 66 10 0 14 13 5 164 10 0 10 10 0 12 12 0 2 0 0 49 4 0 7 10 6 Carried forward 2,564 5 2 37,625 0 7

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1898.

DISBUESEMENTS. £ s. d. £ s. d. Brought forward .. 36,587 10 10 * Borough of Hawera: — Investments, — 9 Aug., 1897. Borough of Hawera 6-per-cent. Debentures Funds released, — 21 Sept., 1897. Borough of Hawera Debentures matured handed to Borough Council 100 0 0 1,400 0 0 1,300 0 0 Westport Harbour Board : — Investments, — 28 May, 1897. Government Loans to Local Bodies 3J-per-cent. Debentures 29 Sept., „ Government Loans to Local Bodies 3J-per-cent. Debentures 1 Jan., 1898. Westport Harbour Board 4-per-cent. Debentures 1,200 0 0 1,000 0 0 1,620 0 0 3,820 0 0 Carried forward .. 41,807 10 10

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

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EECEIPTS. £ s. d. £ s. d. Brought forward 2,564 5 2 37,625 0 7 Westport Harbour Board— continued. Securities realised, — 1 Jan., 1898. Westport Harbour Board 5-per-oent. Debentures matured 1,620 0 0 4,184 5 2 rREYMOUTH HARBOUR BOARD I — Contribution to Sinking Fund for one year to 1 March, 1898 Interest on Investments, — On £500, Borough of Thames 5J-per-cent. Debentures, one year to 1 October, 1897 „ £500, Immigration and Public Works Loan 4J-per-cent. Debentures, one year to 15 October, 1897 „ £750, Land for Settlements 3J-per-cent. Debentures, 19 December, 1896, to 31 October, 1897 .. „ £40, Borough of Brunner 6-per-cent. Debentures, one year to 9 November, 1897 „ £2,830, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1897 .. „ £700, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1897 „ £1,620, Consolidated Stock 4J-per-cent. Debentures, one year to 28 November, 1897 .. „ £1,330, Consolidated Stock 4-per-cent. Debentures, one year to 28 November, 1897 .. „ £200, County of Waitemata 6-per-cent. Debentures, one year to 1 December, 1897 „ £500, Defence Loan 4J-per-cent. Debentures, one year to 31 December, 1897 .. „ £900, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1898 .. „ £980, Wellington and Manawatu Bailway 5-per-cent. Debentures, one year to 1 December, 1897, less income-tax „ £460, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1897 „ £2,350, Government Loans to Local Bodies 3J-per-cent. Debentures, half-year to 1 September, 1897 .. „ £800, ditto, 28 May to ditto „ £3,150, ditto, half-year to 1 March, 1898 „ £700, ditto, 29 September to ditto .. „ £330, County of Tauranga 5-per-cent. Debentures, one year to 1 January, 1898 „ £180, Borough of Hokitika 6-per-cent. Debentures, one year to 5 January, 1898 „ £20, Borough of Palmerston North 5-per-cent. Debentures, one year to 20 January, 1898 .. „ £860, Lands Improvement Loan 4-per-cent. Debentures, one year to 31 March, 1898 „ Bank balances 1,000 0 0 27 10 0 22 10 0 22 12 4 2 8 0 141 10 0 35 0 0 72 18 0 53 4 0 12 0 0 22 10 0 45 0 0 47 7 4 23 0 0 41 2 6 7 7 3 55 2 6 10 5 5 16 10 0 10 16 0 10 0 34 8 0 5 7 9 Securities realised, — 1 Jan., 1898. Westport Harbour Board 5-per-cent. Debentures matured 1,709 9 1 900 0 0 2,609 9 1 Sorough of Tauranga:— Contribution to Sinking Fund for one year to 1 May, 1897 Interest on Investments, — On £80, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1897 „ £40, Borough of Brunner 6-per-cent. Debentures, one year to 9 November, 1897 „ £160, Consolidated Stock 4J-per-cent. Debentures, one year to 28 November, 1897 £90, Government Loans to Local Bodies 3J-per-cent. Debentures, one year to 1 March, 1898 .. .. ,. „ £80, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1897 .. „ £70, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1897 „ £10, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1898 .. „ £90, County of Tauranga 5-per-cent. Debentures, 1 June, 1897, to 1 January, 1898 „ £10, Borough of Hokitika 6-per-cent. Debentures, one year to 5 January, 1898 „ £10, Lands Improvement Loan 4-per-cent. Debentures, one year to 31 March, 1898 .. .. .. • • „ Bank balances 68 0 0 4 0 0 2 8 0 7 4 0 3 3 0 4 0 0 3 10 0 0 10 0 2 12 9 0 12 0 0 8 0 0 3 10 Securities realised, — 1 Jan., 1898. Westport Harbour Board 5-per-cent. Debentures matured 96 11 7 10 0 0 106 11 7 Carried forward .. 44,525 6 5

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1898.

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DISBURSEMENTS. £ s. d. £ s. d. Brought forward 41,807 10 10 •' Greymouth Harbour Board :— Investments,— 28 May, 1897. Government Loans to Local Bodies 3J-per-cent. Deben tures 29 Sept., „ Government Loans to Local Bodies Debentures 1 Jan., 1898.. Westport Harbour Board 4-per-cent. Debentures 800 0 0 700 0 0 900 0 0 2,400 0 0 Borough of Tauranga:— Investments, — 1 June, 1897. County of Tauranga 5-per-cent. Debentures.. 1 Jan., 1898. Westport Harbour Board 4-per-cent. Debentures 90 0 0 10 0 0 100 0 0 \ Carried forward .. 41,307 10 10

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

RECEIPTS. £ s. d. £ s. d. Brought forward 44,525 6 5 County of Waitemata :— Contribution to Sinking Fund for one year to 1 December, 1897 Interest on Investments, — On £50, Land for Settlements 3J-per-cent. Debentures, 19 December, 1896, to 31 October, 1897 „ £30, Consolidated Stock 4J-per-cent. Debentures, one year to 28 November, 1897 „ £40, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1898 .. „ £30, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1897 .. .. .. .. „ £20, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1897 „ £100, Government Loans to Local Bodies 3J-per-cent. Debentures, one year to 1 March, 1898 „ Bank balances 40 0 0 1 10 2 17 0 2 0 0 1 10 0 10 0 3 10 0 0 9 7 Securities realised, — 1 Jan., 1898. Westport Harbour Board 5-per-cent. Debentures matured 51 6 9 40 0 0 91 6 9 Borough of Brunner:— Contribution to SinkiDg Fund for one year to 9 November, 1897 Interest on Investments, — On £20, Land for Settlements 3J-per-cent. Debentures, 19 December, 1896. to 31 October, 1897 .. „ £20, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1897 „ £30, Consolidated Stock 4J-per-cent. Debentures, one year to 28 November, 1897 .. „ £30, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1898 .. „ £40, Government Loans to Local Bodies 3J-per-cent. Debentures, one vear to 1 March, 1898 „ £20, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1897 „ £20, Waimakariri-Ashley Water-supply Board 5-per cent. Debentures, half-year to 1 December, 1897 „ £20, Borough of Palmerston North 5-per-cent. Debentures, one year to 20 January, 1898 .. .. „ Bank balances 30 0 0 0 12 0 10 0 17 0 1 10 0 18 0 10 0 0 10 0 10 0 0 3 8 Securities realised, — 1 Jan., 1898. Westport Harbour Board 5-per-cent. Debentures matured 38 10 8 30 0 0 Borough of Hokitika :— Contribution to Sinking Fund for one year to 5 January, 1898 Interest on Investments, —■ On £30, Land for Settlements 3J-per-cent. Debentures, 19 December, 1896, to 31 October, 1897 „ £30, Consolidated Stock 4J-per-cent. Debentures, one year to 28 November, 1897 .. ' .. .. .. „ £150, Borough of Brunner 6-per-cent. Debentures, 1 June to 9 November, 1897 „ £320, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1898 .. „ £430, Government Loans to Local Bodies 3J-per-cent. Debentures, one year to 1 March, 1898 „ £10, General Purposes Loan 5-per-cent. Debentures, one year to 15 November, 1897 „ £20, Borough of Palmerston North 5-per-cent. Debentures, one year to 20 January, 1898 .. .. ' „ Bank balances .. .. 68 10 8 150 0 0 0 18 1 17 0 3 18 8 16 0 0 15 1 0 0 10 0 1 0 0 0 19 10 Securities realised, — 1 Jan., 1898. Westport Harbour Board 5-per-cent. Debentures matured 189 14 7 320 0 0 County of Tauranga:— Contribution to Sinking Fund for one year to 1 January, 1898 Interest on Investments, — On £80, Westport Harbour 5-per-cent. Debentures, one year to 1 January, 1898 .. „ £50, County of Tauranga 5-per-cent. Debentures, 1 June, 1897, to 1 January, 1898 .. .. .. „ £90, Government Loans to Local Bodies 3J-per-cent. Debentures, one year to 1 March, 1898 „ Bank balances 40 0 0 4 0 0 509 14 7 19 4 3 3 0 0 3 7 Securities realised, — 1 Jan., 1898. Westport Harbour Board 5-per-cent. Debentures matured 48 15 11 80 0 0 128 15 11 Balance on 31 March, 1897 .. .. \. 45,323 14 4 5,121 19 4 £50,445 13 8

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COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS 31st March, 1898.

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STATEMENT of the Funds held by the Commissioners of the Public Debts Sinking Funds on the 31st March, 1898.

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STATEMENT showing the Debentures of each Loan in Circulation, and the Sinking Fund accrued, on the 31st March, 1898.

STATEMENT of the Expenses incurred during the Year ended 31st March, 1898. £ s. d. Secretary's salary .. .. .. .. .. .. ... .. .. .. 50 0 0 Fee to Mr. Brewer (Customs Audit) for audit of Commissioners' accounts .. .. .. .. 220 £52 2 0 Wm. Dodd, Secretary and Accountant to the Commissioners. Examined and found correct. H. W. Beeweb, Customs Audit. Approximate Cost of Paper. —Preparation, not given ; printing (1,435 copies), £12 Is.

By Authority : John Mackay, Government Printer, Wellington.—lB9B.

Price 6d.)

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Loans. Debentures in Circulation. Kate of Sinking Fund. When redeemable. Sinking Funds accrued " Canterbury Loan Ordinance, 1862 " " Otago Loan Ordinance, 1862 " Waitara Harbour Board Loan Westport Harbour Board Loan Greymouth Harbour Board Loan Borough of Tauranga County of Waitemata Borough of Brunner Borough of Hokitika County of Tauranga £ 16,000 71,300 6,000 150,000 100,000 3,400 1,000 1,500 2,500 2,000 Per cent. 1 ceased 1 1 1 2 4 2 6 2 1915 and 1916 1 July, 1898 .. 1 February, 1899 1 March, 1925 1 March, 1925 1 May, 1915 .. 1 December, 1907 9 May, 1917 .. 5 January, 1904 1 January, 1919 £ s. d. 10,382 4 11 101,804 3 7 487 10 2 26,157 10 9 17,435 15 6 659 3 11 322 12 11 223 10 6 1,197 16 2 267 14 5 £353,700 £158,938 2 10