PUBLIC TRUST OFFICE (ACCOUNTS OF THE) FOR THE YEAR ENDED 31st MARCH, 1901.

Appendix to the Journals of the House of Representatives, 1901 Session I, B-09

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1901. NEW ZEALAND.

PUBLIC TRUST OFFICE (ACCOUNTS OF THE) FOR THE YEAR ENDED 31st MARCH, 1901.

Laid before the General Assembly in pursuance of Section 36 of " The Public Trust Office Consolidation Act,' 1894."

The Controller and Auditor-Geneeal to the Right Hon. the Colonial Treasurer. Sir,— Audit Office, 23rd May, 1901. I have the honour, in accordance with the provisions of section 36 of "The Public Trust Office Consolidation Act, 1894," to transmit to you the attached balance-sheet of the Public Trust Office for the year which ended on the 31st March last, and to report that I have examined this balance-sheet and found it correct. I have, &c, J. K. Warburton, Controller and Auditor-General. The Eight Hon. the Colonial Treasurer, Wellington.

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Audited and found correct. J. W. Poynton, Public Trustee J. K. Wakbuktcm, Controller and Auditor-General. M. Townsend, Accountant.

Balance-Sheet of the Public Trust Office for the Year ended 31st March, 1901.

Balances on 1st April, 1900. Transactions. Balances on 31st March, 1901. Name of Account. - ~ Or. Dr. Cγ. Dr. Dr. Or. £ s d Wills and trust properties placed in the office Intestates' estates Lunatics' estates Convicts' estates Heal estates " Unclaimed Lands Act, 1894" .. .. .. .. ... .. West Coast Settlement Reserves Native reserves Auckland Hospital reserves " Civil Service Reform Act, 1886 " .. " Post and Telegraph Classification and Regulation Act, 1890 " " Shipping and Seamen's Act, 1877" " Industrial Schools Act, 1882 " " Little Barrier Island Purchase Act, 1894 " .. ' .. " Bankruptcy Act, 1892" Trustees' Relief Act " Public Works Act, 1882," sections 64 and 65 .. " Public Works Act, 1894," section 77 .. .. .. .. • " Rating Act, 1894" .. .. .. .. ... " Government Advances to Settlers Act, 1894," Debenture Sinking Fund Account " Government Advances to Settlers Act, 1894," Assurance and Reserve Fund " Mangatu Empowering Act, 1893 " " Native Land Act Amendment Act, 1878," section 13, No. 2 " Native Land Laws Amendment Act, 1883," section 14 .. " Native Land Laws Amendment Act, 1895," section 71 .. ■ .. " Native Land Court Act, 1894," section 68 " Native Equitable Owners Act, 1886 " " Maori Real Estate Management Act, 1888 ".. Land Assurance Fund Coal-miners' Relief Fund Railway Servants' Fund Police Provident Fund Permanent Militia Reward Fund New Lease Deposit Account Mortgage Realisation Account .. .. .. Agents' Deficiency Account .. .. .. .. ... 786 2 10 Suspense Account Imprest Account .. .. .. .. .. .. 375 0 0 Interest Account Accrued Interest Account .. .. .. .. .. 7,083 1 6 General Investment Account .. .. .. .. .. 794,986 13 5 Special Investment Account .. .. .. .. .. 234,001 4 2 Special Loan Account " Public Trust Office Consolidation Act, 1894," Assurance and Reserve Fund " Bank of New Zealand and Banking Act, 1895," Preferred Shares Account ..I " Aid to Public Works and Land Settlement Act, 1899 ".. Cash .. .. .. .. .. .. .. 27,880 1 8 Profit and Loss Account ■ £ s. d. 695,609 6 10 68,853 7 7 34,864 13 5 153 7 0 5,686 1 0 4,135 10 1 29,164 14 1 21,024 19 7 90 9 1 24,881 14 11 2,268 9 11 i 266 12 11 307 5 9 551 12 2 2,841 15 7 118 12 11 74 8 8 47 11 3 1,641 1 6 49,678 15 3 2,199 19 10 949 13 8 1,195 17 3 612 9 4 4,325 12 9 5 18 3 13,232 9 7 68,669 7 5 1,969 5 5 2,967 5 9 3,256 17 5 1,328 4 11 01 7 9 434 16 5 964 8 6 3,862 9 7 16,8i5 10 3 ] £ s. a. 106,828 16 7 60,935 14 3 17,719 0 2 174 6 6 948 1 7 946 13 8 23,235 19 11 9,210 0 2 2,600 7 8 2,608 18 9 50 9 3 125 11 4 gio li o 21 8 4 716 4 5 136,093 1 7 34 1 6 26 9 6 370 3 6 4,482 12 7 4,358 13 3 7,733 18 2 220 12 4 0 13 7 840 14 11 0 2 4 233 6 8 286 11 3 104 10 4 2,263 7 9 100 0 0 53,385 12 0 16,204 8 10 712,100 10 1 920 0 0 3,104 7 6 "'4 18 2 1,093,256 1 2 32,817 18 9 £ s. d. 169,542 11 6 59,291 15 2 24,307 3 1 272 17 2 444 4 9 2,111 13 0 25,828 10 4 10,014 7 4 2,632 9 1 5,032 10 8 1,179 12 10 55 8 6 300 13 3 92 13 4 171 1 7 157,254 2 9 17,927 19 9 553 5 11 12 17 1 581 16 1 423 15 5 £ s. d. £ s. d. 758,323 1 9 67,209 8 6 41,452 16 4 251 17 8 5,182 4 2 5,300 9 5 31,737 4 6 21,829 6 9 122 10 6 27,305 6 10 3,397 13 6 196 10 1 307 5 9 551 12 2 2,231 17 10 118 12 11 74 8 8 118 16 3 1,095 18 8 70,839 16 5 20,127 19 7 1,468 18 1 1,182 4 10 824 1 11 266, 15 7 5 18 3 12,697 0 7 64,518 7 11 2,398 7 10 3,139 10 6 9,185 12 4 1,386 11 3 12 18 7 3,823 4 3 3,582 18 8 649 14 9 172 18 4 6,769 9 10 58 8 8 184 17 6 286 11 3 682 7 0 2,884 12 5 208 6 2 475 0 0 1,050 1 1 53,385 12 0 16,379 16 1 99,668 4 2 23,961 0 0 3,267 9 10 1,707 12 9 500,000 0 0 6,907 14 3 1,407,418 19 4 210,960 4 2 1,067 10 10 5,570 2 4 500,000 0 0 l,067,2il 6 6 33,347 6 9 4 18 2 53,924 16 4 17,344 18 3 1,065,112 3 7 1, 1,065,112 3 7 2,296,054 19 4 ,065,112 3 7 2,296,054 19 4 2,296,054 19 4 1,679,899 18 5 1,679,899 18 5

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Public Trust Office Profit and Loss Account. Summary of Revenue and Expenditure for the Year ended 31st March, 1901. Dr. £ s. d. £ s. d. Or. " £ s. d. £ a. d. To Amount transferred to Assurance and Reserve Fund Account .. 1,493 81 By Balance on Ist April, 1901 .. .. .. .. 16,815 10 3 Salaries,— Commission and charges .. .. .. .. 11,557 12 10 Head Office .. .. .. ~ ... 5,730 16 5 Interest, being surplus from investments .. .. .. 8,971 18 1 Branch offices and agencies .. .. .. .. 2,678 13 9 Rents from securities taken over .. .. .. 285 11 9 Agents' commissions .. .. .. .. 2,187 14 8 Valuation-fees received .. .. .. .. 432 3 0 Rent,— ■ Refund cost of advertising West Coast Settlements Reserves .. 76 7 6 Head Office .. .. .. .. .. 475 0 0 Sundries ~ .. .. .. .. .. 23 13 7 Agencies .. .. .. .. ..' 283 12 0 38,162 17 0 Printing, stationery, and office requisites .. .. .. 595 13 6 Travelling-expenses .. .. .. .. .. 529 19 0 Services of General Post Office .. .. .. .. 500 0 0 General Post Office, postages .. .. .. .. 250 0 0 Legal expenses .. .. .. .. .. 363 16 0 Cleaning, lighting, and firing, Head Office and agencies .. 171 16 ] Advertising .. .. .. .. .. 117 19 3 Furniture and fittings, Head Office and agencies .... 51 18 0 Cost of audit .. .. .. .. .. 240 0 0 Valuation-fees .. .. .. .. .. 431 8 0 Services of Agent-General's Office .. .. .. 75 0 0 Stamping and registering leases .. .. .. 91 18 0 Native Board members' expenses ...... 20 12 2 Premium on fidelity guarantees .. .. .. 18 10 0 Clerical assistance .. .. .. .. .. 32 7 5 Exchange on remittances by wire .. .. .. 33 0 0 Postages, telegrams, and petties .. .. ... 36 15 1 Remuneration for special work for Advances to Settlers Office .. 67 10 0 Sundries .. .. .. .. .. .. 20 14 2 Compassionate allowance to the widow of the late J. J. M. Hamilton, District Agent at Christchurch .. .. 562 10 0 Cost of inquiry in the estate of J. K. Strachan, Nelson .. 20 11 6 Refunds, commission, and charges .. .. .. 68 2 4 Amount paid for the site of the proposed New Offices .. 3,668 13 4 Balance .. .. .. .. .. .. 17,344 18 3 £38,162 17 0 £38,162 17 0

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"The Civil Service Reform Act, 1886." Dr. Statement of Account for the Year ended 31st March, 1901. Cβ. £ s. d. £ s. d. J £ s. a. £ s. d. To Amounts paid on retirement from the Service.. .. .. 2,603 14 11 j By Balance on Ist April, 1900 .. .. .. .. .. 24,88114 11 Amounts paid Government Life Insurance Department under ■ Deductions from salaries .. .. .. .. 4,080 19 3 " The Civil Service Insurance Act, 1893" .. .. 113 4 Eefund amounts paid on retirement .. .. .. 86 0 Amounts refunded to Public Account .. .. .. 3 10 6 Amount lodged on account of J. A. Wilson's compensation 2,608 18 9 account.. .. .. .. .. .. 11 13 4 Interest added to account .. .. .. .. 931 12 1 5,032 10 8 Balance .. .. .. .. •• •■ 27,303 610 £29,914 5 7 £29,914 5 7 Dr. Consolidated Fund Account for the Year ended 31st March, 1901. Ce. £ s. d. £ s. d. £ s. d. £ s. d. To Amount paid to Public Account in terms of section 76 of " The By Balances in the under-mentioned accounts, unclaimed for six Public Revenues Act, 1891".. .. .. .. 7,592 3 4 years:— Intestate estates .. .. .. .. 5,978 8 11 " The Shipping and Seamen's Act, 1877 ".. .. 94 11 0 "The Eating Act, 1882" .. .. .. .. 623 16 11 " The Bankruptcy Act, 1883" .. .. .. 895 6 6 £7,592 3 4 £7,592 3 4 Dr. Interest Account for the Year ended. 31st March, 1901. Cr. £ s. a. £ s. a. £ s. a. £ s. a. To Accrued and overdue interest at 31st March, 1900, transferred .. 7,083 1 6 By Accrued and overdue interest at 30th September, 1900 .. 9,296 14 7 Accrued and overdue interest at 30th September, 1900, transferred 9,296 14 7 Interest on mortgages .. .. .. .. 31,233 7 5 Interest transferrea to estates .. .. .. .. 28,024 0 11 Interest on Government securities .. .. .. 4,501 4 7 Amounts refunded .. .. .. •. • •916 11 Interest on local bodies' debentures .. .. .. 747 10 9 Balance transferred to Profit and Loss Account .. .. 8,971 18 1 Interest on fixed deposits at banks .. .. .. 21 16 8 Interest on current account in bank .. .. .. 309 5 9 Sundry receipts .. .. .. .. .. 367 18 0 Accrued and overdue interest at 31st March, 1901 .. .. 6,907 14 3 £53,385 12 0 £53,385 12 0

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Securities held by the Public Trust Office on the 31st March, 1901.

J. W. Poynton, Public Trustee. Examined and found correct. M. Townsend, Accountant. J. K. Warburton, Controller and Auditor-General. Approximate Cost of Paper. —Preparation, not given ; printing (2,375 copies), £6 3s.

By Authority: John Mackat, Government Printer, Wellington.—l9ol. Price 6d.}

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Nominal Value. Cost Price. " Aid to Public Works and Land Settlement Act, 1899," debentures Nos. 1 to 5 .. New Zealand Treasury bills Nos. 146 to 148 .. " Lands Improvement and Native Lands Acquisition Act, 1894," debentures Nos. 270 to 284, 399 to 408, 439 to 453 .. " Land for Settlements Act, 1894," and " Land for Settlements Act Amendment Aot, 1897," debenture No. 290 .. " New Zealand Consols Act, 1894," Consols, inscription Nos. 41, 49, 120, 139, 155, and 192 .. " General Purposes Loan Act, 1873," debentures Nos. 32 to 35, and certificate No. 74 " Immigration and Public Works Loan Act, 1870," debentures Nos. 4 to 11 and Nos. 1921 to 1925 " Waimakariri - Ashley Water-supply Board Loan Act, 1894," debentures Nos. 1 to 3 .. .. Waimakariri-Ashley Water-supply Board, Brown's Rock Subdivision Loan, debentures Nos. 1 to 3 Borough of Onslow, debentures Nos. 1 to 5 .. Borough of Onslow, debentures Nos. 1 and 2 Borough of South Invercargill, debentures Nos. 1 to 50 " Dunedin Waterworks Act, 1874," debentures Nos. 1032, 1033, 1044, 1074, 1075, 1137, and 1143 Mortgages— General Investment Account .. .. .. .. £786,471 19 4 Special Investment Account .. .. .. .. 204,870 4 2 £ s. d. 500,000 0 0 30,000 0 0 £ s. d. 500,000 0 0 30,000 0 0 40,000 0 0 40,000 0 0 10,000 0 0 10,000 0 0 25,590 0 0 25,590 0 0 1,200 0 0 1,036 0 0 1,300 0 0 1,172 0 0 3,000 0 0 3,000 0 0 3,000 0 0 5,000 0 0 2,600 0 0 5,000 0 0 3,000 0 0 5,000 0 0 2,600 0 0 5,000 0 0 600 0 0 639 0 0 991,342 3 6 991,342 3 6 Total £1,618,632 3 6 £1,618,379 3 6 Total General Investment Account .. .. .. £1,40' Total Special Investment Account .. .. .. " 211 ,418 19 4 ,960 4 2 £1,611 ,379 3 6