THE PUBLIC DEBT OF THE COLONY (RETURN SHOWING PARTICULARS OF) AS ON 31st MARCH, 1901.

Appendix to the Journals of the House of Representatives, 1901 Session I, B-18a

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1901. NEW ZEALAND.

THE PUBLIC DEBT OF THE COLONY (RETURN SHOWING PARTICULARS OF) AS ON 31st MARCH, 1901.

Return to an Order of the House of Representatives, dated the 31st July, 1901. Ordered, " That there be laid before this House a Return showing for the year 1901 the particulars of the public debt of the colony, in continuance of 8.-18 of 1900."—(Mr. J. Allen).

Statement of the Securities in which the Sinking Funds of the several Loans were invested on the 31st March, 1901. Investments in— • S s. d. New Zealand 5-per-cent. Debentures .. .. .. .. .. 3,470 0 0 4J-per-cent. Debentures .. .. .. .. .. 1,700 0 0 3£-per-cent. Debentures .. .. .. .. .. 1,250 0 0 4-per-cent. Inscribed Stock .. .. .. .. .. 127,483 17 0 3J-per-cent. Inscribed Stock .. .. .. .. .. 2,571 3 7 County of Tauranga 5-per-cent. Debentures .. .. .. .. .. 60 0 0 Borough of Brunner 6-per-cent. Debentures.. .. .. .. .. 840 0 0 Borough of Hokitika 6-per-oent. Debentures .. .. .. .. 1,860 0 0 Borough of Patea 4J-per-cent. Debentures .. .. .. .. .. 200 0 0 Borough of Tauranga 5-per-cent. Debentures .. .. .. .. 200 0 0 Westport Harbour Board 4-per-cent. Debentures .. .. .. .. 550 0 0 Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures .. .. .. 320 0 0 Wellington and Manawatu Railway Company 5-per-cent. Debentures .. .. 540 0 0 Government Loans to Local Bodies 3J-per-cent. Debentures .. .. .. 400 0 0 Mortgages .. .. .. .. .. .. .. .. 98,100 0 0 New South Wales 4-per-cent. Debentures .. .. .. .. .. 20,800 0 0 New South Wales 4-per-eent. Stock .. .. .. .. .. 5,486 6 7 New South Wales Stock .. .. .. .. .. 84,269 13 4 New South Wales 3-per-oent. Stock .. .. .. .. .. 52,942 12 9 Victoria 4-per-cent. Debentures .. .. .. .. .. .. 15,000 0 0 Victoria 4-per-cent. Stock .. .. .. .. .. .. 43,233 17 4 Victoria 3|-per-cent. Stock ~ .. .. .. .. .. 83,341 9 6 Victoria 3-per-cent. Stock .. .. .. .. .. .. 16,740 17 7 South Australia 4-per-cent. Debentures .. .. .. .. .. 24,700 0 0 South Australia 4-per-cent. Stock .. .. .. .. .. 4,851 0 5 South Australia 3J-per-eent. Stock .. ... .. .. .. 38,068 11 6 South Australia 3-per-cent. Stock .. .. .. .. .. 109,321 2 8 Canada 4-per-cent. Debentures .. .. .. .. .. .. 18,200 0 0 Canada 4-per-cent. Stock .. .. .. .. .. .. 60,000 0 0 Canada 3J-per-cent. Stock .. .. .. .. .. .. 34,022 11 8 Canada 3-per-cent. Stock .. .. .. .. .. .. 32,670 17 3 Canada 2J-per-oent. Stock .. .. .. .. .. .. 13,666 15 11 896,866 17 1 Cash balance on 31st March, 1901 .. .. .. 136,626 17 0 Total .. .. .. .. £1,033,493 14 1

Statement of Treasury Bills outstanding on 31st March, 1901, showing the Date on which, and the Authority under which, they were issued, and the Date on which they are due.

1— B. 18a.

Date of Issue. ., . Rate of Amount. interest. Due Date. Authority for Issue. ; i . Authority for Issue. 1900. leoember 81 .. 700,000* 8| % . Deo.31, 1901 " Public Revenues Act,1891," and amending Acts. * In renewal of former issues

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2

PARTICULARS of Loans converted to 31st March, 1901, under Opera tion of "The New Zealand Consolidated Stock Act, 1877," and "The Consolidated Stock Act, 1884."

I 4-per-cent. Inscribed Stock, maturing 1st Nov., 1929. 3J-per-cent. Inscribed Stock, maturing 1st Jan., 1940. 3-per-cent. ] Stock, maturii 19< inscribed ig 1st April, 15. CO ffl a Converted into Short-dated DebenLoans. Due Date. Amount converted or redeemed. From what Date. For For Reconversion, demption. For For ReConversion, demption. For Conversion. For Redemption. " The Consolidated Stock Act, 1884." I Amount of Debentures. £ Interesl p.c. p.c. 4 6 6 1 July, 1894 1 July, 1891 £ ■£ 50,000 £ £ £ £ £ 50,000 £ £ New Zealand Loan Act, 1856 New Zealand Loan Act, 1860 74,100 ■ 1 July, 1894 1 May, 1886 1 July, 1891 109 104 20^710 j 77,064 93,100 New Zealand Loan Act, 1863 4 5 5 5 5 5 5 5 5 5 5 6 1 Nov., 1915 15 July, 1914 15 Mar., 1891 ' 1 500,000 65,600 18,700 6,200 1,400 43,600 2,600 200 3,300 900 500 46,700 1 Nov., 1892 1 May, 1886 1 Jan., 1895 117 112J 114 114J 111 Par 121 120 118 119 117 109 73,800 21,318 7,099 1,554 610,000 1 Jan., 1896 15 Jan., 1886 1 April, 1897 •' i " I 3,146 240 3,894 1,071 585 43 1600* 5 I 1 April, 1898 1 Oct., 1897 1 April, 1899 1 May, 1886 '" 50 ]903 •• •• i |400t 159,536 6 6 6 6 6 6 5 5 15 June, 1891 15 Dec., 1891 154,800 47,600 188,400 20,100 4,900 68,900 76,000 2,700 15 Mar., 1891 1 May, 1886 15 June, 1891 1 May, 1886 15 Dec, 1891 1 104 109 104 109 104 'no 1154 115 884 21,909 •• i I 195,936 5,096 75,790 87,780 3,105 ■• I •• I - Consolidated Loan Act, 1867 5 5 5 5 5 5 5 5 5 5 5 36 years 36 years 36 years 36 years 36 years 36 years 36 years 36 years 36 years 36 years 36 years 1 Jan., 1893 3,651,700 : 562,400 38,200 200 330,400 104,356 68,786 70,200 53,300 39,300 50,400 64,000 1,253,100 1 July, 1894 15 April, 1885 15 April, 1886 1 May, 1886 1 Jan., 1891 1894-95 1895-96 1896-97 1897-98 1898-99 1899-1900 1900-01 1 Jan., 1893 Par Par 106 I - ■• I " I •• I ■• 3,651,700; 562,400§ •• 5 5 40,492 200t 321,573 63,195 • 27,061 II .. 33,300 44,656 44,000 •• ' I .. II Lyttelton and Christchurch Railway Loan Ordinance, 1860 II 31,570 11,329 208 45,000 45,000 47,000 53,000 • • II - 106J 68^000 16 16 1 Julv, 1893 1 July, 1894 ; 5,033,242 200 6,000 1891 109 111 218 6,660 Carried forward : , 6,200 6,435,642 259,698 1,122,585 781,956 52,043 190,000 4,257,700 •• •• I .. * 6 years' currency, to 15th January, 1892 ; then converted into 4-per-cent. Inscribed Stock at 110. + Dealt with under " The Lost Debentures Act, 1886." Inscribed Stock at 107. S 6 years, to 15th April, 1892; then converted into 4-per-cent. Inscribed Stock at 107. t 7 years, to 15th April, 1892 ; then converted into 4-per-cent, II Various.

3

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PARTICULARS of Loans converted to 31st March, 1901— continued.

-r^ © © M 4-per-cent. Inscribed Stock, maturing 1st Nov., 1929. Inscribed Stock, maturing 1st Jan., 1940. 3-per-cent. Inscribed Stock, maturing 1st April, 1945. Converted into Short-dated DebenLoans. Due Date. Amount converted or redeemed. From what Date. "The Consolidated Stock Act, 1884." For Conversion. For Redemption. For Conversion. For Redemption. For Conversion. For Redemption. p. c. Brought forward Canterbury Loan Ordinance, 1862 .. 6 6 £ 6,435,642 £ £ £ £ 259,698 .. 1,122,585 7,888 1,250 £ £ 781,956 ; 52,043 £ 52,043 £ 190,000 Amount of Debentures. £ 4,257,700 Interest p. c 11 Sept., 1913 2 Jan., 1915 5,800 1,000 1891 1895 136 125 6,800 Otago Loan Ordinance, 1862 .. 6 6 6 6 6 6 6 6 6 6 1 July, 1898 23,700 1,000 6,600 8,100 1,000 2,500 1,600 900 1,200 • 69,700 1891 1892 1894 1895-96 1896-97 1897-98 1 April, 1898 1 July, 1898 1174 1164 1134 1104 105 106 1034 Par 1034 27,847 1,168 7,491 8,950 1,050 2,650 1,656 "m« "900 1,242 .. 900 1 .1 A »» 1,242 | 70^000 .. .. Auckland Loan Act, 1863 .. .. 6 6 6 6 1 June, 1896 11,800 2,000 1,000 16,800 116,300 1891 1894-95 1895-96 1896-97 114 109 107 13,452 2,180 1,070 31,600 .. niooo '.'. Nelson Loan Act, 1874 .. .. 7 7 12 April, 1885 23 Mar., 1896 3,000 15,000 12 April, 1885 23 Mar., 1896 Par Par .. .. i 3,000 ! 15,000 44 34 18,000 13,500 I •• I Wellington Loan Act, 1866 .. .. 8 Defence and Other Purposes Loan | ., Act, 1870 j" & * Immigration and Public Works Loan Act, 1870 .. .. .. 4 4 i 1 July, 1886 Par 13,500 (25,000 125,000 5 5 44 1 July, 1886 31 Dec, 1885 50,000 31 Dec, 1885 . Par 15 April, 1913 " 9,000 100 9,100 15 April, 1897 108 108 9,720 ■mo 9,720 108 108 Five-per-cent. Five-thirties .. .. I 5 5 1 j 15 Jan., 1884 15 Jan., 1885 1034 1024 ... 15 July, 1906 ; 504,400 745,600 522,054 '.. 764,240 Four-and-a-half -per-cent. Five-thirties.. 4J 44 ) 1 Feb., 1904 ( \ and J J 1 Feb., 1905 ( 3,053,900 1,891,200 1,054,900 1,250,000 1 Feb., 1884 1 Feb., 1886 1 Aug., 1886 103 101 Various .. 6,000,000 1,292,700 3,145,517 1,910,112 .. 1,060,000 Five-per-cent. Ten-forties .. .. 5 General Purposes Loan Act, 1873 .. 4 4 4 4* 5 5 1 Mar., 1918 j 15 Oct., 1883 15 May, 1914 15 Oct., 1913 15 Oct., 1885 28 Nov., 1884 15 Dec, 1888 i 20,900 1,500 1,100 6,200 87,900 49,500 1 May, 1886 28 Nov., 1884 1 April, 1899 „ 15 Oct., 1885 28 Nov., 1884 15 Dec, 1888 102 Par 108 108 Par Par Par 1,318,554 I .. '.'. i,620 1,188 20,900 •• 6,200 87,900 49,500 4 5 44 44 .. Westland Loan Act, 1873 .. .. 5 Treasury Bills Acts, 1879 and 1880 .. 5 New Zealand Loan Act, 1879 .. 5 5 15 April, 1894 1 Jan., 1886 1 Nov., 1889 j < |4,476,000 ! 136,000 167,100 50,000 1,832,000 30 June, 1891 31 Dec, 1883 1 Nov., 1879 1 May, 1886 1074 Par 120 103 •53,750 1,832,000 5,371,200 140,080 - 4,612,000 . 14,499,215 1,824,240 1,252,987 798,956 66,821 Carried forward 21,884,742 260,000 4,503,700 ••

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4

PARTICULARS of Loans converted to 31st March, 1901— continued.

00 eg a 4-per-cent Inscribed 3£-per-cent Inscribed Stock, maturing 1st Nov.. Stock, maturing 1st Jan., 1929. 1940. 3-per-cent. Inscribed Stock, maturing lBt April, 1945. Converted into Short-dated Debentures, under " The Consolidated Stock Act, 1884." Loans. Due Date. Amount converted or redeemed. Froni what Date. Terms. For j For Re- For For ReConversion, demption. j Conversion, j demption. For Redemption. For For Reconversion, demption. £ £ 21,884,742 £ 14,499,215 Par 242,800 104 Par 1054 £ 1,824,240 £ £ 1,252,987 798,956 12,480 . 1,000 : £ 60,821 4,748 22,981 Amount of Debentures. ! £ £ 260,000 4,503,700 Interest p. 0. p.c. Brought forward .. District Railways Purchasing Acts 1885 and 1886 ' (4 14 4 4 5 5 34 1 April, 1905 1 April, 1899 242,800 12,000 1,000 4,500 22,000 25,000 35,000 1 Nov., 1886 1 July, 1894 1 July, 1895 1 Oct., 1898 1 April, 1899 Par 35,000 25,000 Colonial Inscribed Stock Act, 1882 .. Five-per-cent. Ten-forties New Zealand Loan Act, 1879 Government Loans to Local Bodies Act, 1886 28 May, 1898 342,300 250,000 2,207,300 388,000 1 April, 1898 5 5 5 (44 34 1 Nov., 1888 1 Mar., 1918 1 Nov., 1889 1 Mar.. 1892 •• 1 Nov., 1888 1 Jan., 1890 1 Jan., 1890 1 Mar., 1892 Par 95 95 Par Par 500 * | 2,768,000 250,000 5 •• 44,000 405,000 44,000 405,000 44 44 | 1 Mar., 1896 31 Dec, 1900 463,300 1 Mar., 1896 31 Dec, 1900 Par Par 463,300 509,500 34 34 Public Revenues Act, 1886 Public Revenues Act, 1887 (No. 3) .. Cheviot Estate Payment Act, 1893 .. 509,500 5 44 44 44 10 Oct., 1891 1 Mar.. 1893 18 Oct., 1900 1,421,800 50,000 400,000 10 Oct., 1891 1 Mar., 1893 1 Jan., 1894 1 Jan., 1895 Par 420,000 200,000 50,000 50,000 44 200,000 50,000 " Naval and Military Settlers' and Volunteers' Land Act, 1892 Native Land Purchase Act, 1892 250,000 27,196 .. •• 44 5 44 31 Oct., 1899 9,700 15,000 31 Oct., 1899 .. •• 28,000 • 24,700 31 Oct.. 1899 15 April, 1892 26,400 j Consolidated Stock Act, 1884 5 5 5 44 44 44 4* 44 44 4 34 15 April, 1892 3,651,700 562,400 43,600 109,308 218,816 44,216 100,000 40,000 1,181,829 251,137 585,858 24,200 600 107 3,907,319 107 601,768 110 47,960 Par Par I i I 109,308 j 218 \ 816 .. 28 Nov., 1895 28 May, 1897 28 Nov., 1895 28 May, 1897 45,000 I 28 May, 1898 22 May, 1898 28 May, 1898 13 Dec., 1897 1 April, 1898 Par 100,000 40,000 1,181,829 251,137 585,858 .. .. Land for Settlements Act, 1894 i 4 34 30 April, 1926 31 Oct., 1899 6,788,864 1 Oct., 1896 31 Oct., 1899 no ! ... 26,620 600 .'. Lands Improvement and Native Lands Acquisition Act, 1894 Bank of New Zealand and Banking Act, 1895 Aid to Public Works and Land Settlement Acts, ] 896 and 1897.. j 4 30 Sept., 1908 24,800 100,000 1 Oct., 1897 100,000 34 31 Dec, 1896 500,000 1 Jan., 1896 Par 500,000 .. ' 31 3 3 3± 1 Feb., 1899 3 Mar., 1899 11 Mar., 1899 5 April, 1899 100,000 125,000 10,000 100,000 3 Mar., 1899 11 Mar., 1899 Par '.'. Par 125,000 10,000 100,000 Expenses of Conversion 100 ', 000 335,000 19,299,062 202,000 2,026,240 47,936 1,876,275 , 4,284,892 2,668,810 20,000 .. 705,000 6,225,500 19,299,062 2,026,240 1,876,275 Totals .. £j 34,994,702 £37,085,779 * Dealt with under " The IfMt Debentures Act, 1886."

5

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Return showing (1) Particulars of the Public Debt of the Colony on 30th June, 1878; (2) the several Increases and Decreases between that Date and the 31st March, 1901, whether arising from New Loans, or the Conversion of Old Loans, or from paying off any Loan; (3) the Rate of Interest and Sinking Fund payable in respect of each Loan; (4) Particulars of the Public Debt on 31st March, 1901, showing in respect of each Loan (a) the Annual Charge for Interest and Sinking Fund, (b) the Amount of Outstanding Debt, (c) the Due Date thereof, (d) the Accrued Sinking Fund, and (c) the Net Debt.

2—B. 18a.

Public Debt at 30th June, j 1878. Increases to 31st Mar., 1901. Decreases to 31st March, 1901. Public Debt at 31st March, 1901. No. Authority. *?• ,, j J j authorised. - £ 1 ! Ordinance of Legislative Council 2 | New Zealand Loan Act, 1856 .. .. .. 500.000 Amount authorised. £ " Date of Issue. Amount. i £ £ 311 300,000 25,000 25,000 50,000 50,000 50,000 500,000 93,100 488,000 Annual Charge. Int. S.F. 4 4 4 4 4 4 6 2 5 1 From , From New Loans. Conversions. £ £ Loans converted into or redeemed by Loans Date. Terms. g. per . oen t. 3J-per-cent. 4-per-cent. Snort a a t e d paia ofl ' Inscribed Inscribed Inscribed debentures. Stock. Stock. Stock. £ £ £ £ £~~ 1896 .. •• •• •• •• 3n 1888 ,. .. •• •• •• 300,000 25,000 1889 '.'. .. •• •• •• 25,000 50,000 ... .. .. 50,000 1894 .. .. 50,000 .. ... Annual Charge. Sinking When due. Amount. Funds ~ accrued. Interest. S.F. £ is £ £ XX Net Debt. £ 500,000 1 July, 1859 1 Oct., 1 July, 1864 3 New Zealand Loan Act, 1860 .. .. .. 150,000 1 July, 1861 1891 104 .. 74,100 1886 109 .. .. 19,000 1894 1154 •• 76,000 1886 1124 .. .. 65,600 1886 A •■ ■• •• 43. 600 1894 115 .. 2,700 1895 114 .. 18,700 1144 .. 6,200 1896 111 .. 1,400 1897 120 200 121 2,600 1898 118 3,300 1897 119 900 .. .. .. 1899 117 500 1892 117 .. 500,000 1891 104 .. 154,800 1886 109 .. .. 46,700 1891 104 .. 188,400 1886 109 .. .. 47,600 1891 104 .. 4,900 1886 109 .. .. 20,100 1891 110 ' .. 68,900 1891 .. .. 200 1886 106 .. .. 38,200 1885 B •• •• •• 3,651,700 1894 .. .. 33,300 1886 C •• •• •• 562,400 1879-96 .. .. .. •• •• 1,222,858 1894 IO84 ■• 271,000 1074 .. 6,400 107 .. 7,600 106 .. 4,600 102 .. 7,500 1895 106 .. 51.000 105 .. 8,700 100 .. 44,656 1896 100 .. 68,786 1897 105 2,000 1064 3 . 800 107 6,500 .. , 108 17,100 40,800 1898 104 1,100 105 9,700 42,500 1899 .. 39,100 104 200 1900 .. 50,400 1893 106 J .. 64,000 150,000 4 New Zealand Loan Act, 1863 .. .. .. 3,000,000 3,000,000 15 July, 1864 1 Nov., 1865 15 Mar., 1866 500,000 201,500 236,000 4 6 2 6 2 5 New Zealand Consolidated Loan Act, 1867— English issue .. .. .. .. .. 7,283,100 15 June, 1867 15 Dec, „ 93,900 6 2 1,519,400 I 15 July, 1914 266,300 266,300 13,315 2,663 130,05! 130.055J 136,245 7,283,100 6,531,400 5 1 5 Colonial issue .. .. .. .. .. 77,000 f ) I Annual I 339,300 16,965 .. j drawings ' , .. .. 339,300 I 1 77,000 1 Jan., 1873 15 April, „ 64,000 13,000 77,000 31,600 5 4 13,000 6 Public Debts Act, 1867— Auckland Loan Act, 1863 .. .. .. 500,000 500,000 1 July, 1863 6 2 1891 114 .. 11,800 1894 109 .. 2,000 1895 107 .. 1,000 1896 .. .. 16,800 1886 100 .. ... •• 13,500* 1880-81 .. .. •• •■ •• 6 . 2 00 1891 109 .. 200 1893 .. •• ■'■ •• •■ 23,500 1891 111 .. 6,000 1894 .. .. •• •■ •• 15,200 1896 .. -- -• •• •• 18,600 1897 .. ■■ •■ •• •• 4.700 4,500 1891 136 .. 5,800 1895 125 .. 1,000 1891 H64 .. 1,000 1174 .. 23,700 1892 1134 .. 6,600 1894 1104 .. 8,100 105 .. 1,000 1895 106 .. 2,500 1896 1034 .. 1,600 1897-98 100 900 1898-99 1034 1,200 69,700 15 April, 1913 .. 13,000 520 Wellington Loan Act, 1866 .. .. .. go 000 Nelson Waterworks Loan Act, 1864 .. .. 20 000 Lyttelton and Ch'ch. Railway Loan Ordinance, 1860.. 300,000 50,000 20,000 300,000 1 July, 1866 Various 13,500 6,200 77,700 8 8 6 2 2 2 2 2 2 13,500* 6,200 28!500 15,200 18,600 4,700 4,500 Canterbury Loan Ordinance, 1862 .. .. goo 000 2 Jan.! 1915 3,800 2 July, 1916 12,200 Otago Loan Ordinance, 1862 .. .. .. goo 000 500,000 500,000 1 July, 1863 22,800 6 6 1 1 160 12,725 3,275 116,700 16,000 960 160 12,72! 7 Immigration and Public Works Loan Act, 1870 .. 4 000 000 Guaranteed by Imperial Government .. £1,000,000 1 July, 1898 .. 400§ 1 June, 1907 200,000 1 June, „ 800,000 1,000,000* 15 April, 1913 363,000 15 April, „ 27,900 390,900 40,000 15,776 400 1 June, 1871 1 June, 1873 15 April, „ 372,100 1875-78 25,700 in No. 5. in No. 12. 200,000 397*800 4 4 2-4 2-4 800,000 24,000 Colonial issue .. .. .. 400,000 4 44 3*200 1897-99 108 9,100 657,322 342,678+ 390,900 Consolidated Loan of 1867 .. .. 2,100,000 Included Five-thirties .. .. go0,000 Included £4,000,000 Carried forward A. Six years' currency to 15th January, 1892; then converted™to~4~pe : itook at 107. * Included in sum of £231,000, No. 35. § Debenti I . -I 9,587,511 •-cent. Inscribed Stock at 110. ires not presented for payment. 802,200 j 301,600 1,802,942 237,200 4,271,200 j 1,750,869 2,025,900 87,536 :ars' currency to 15th April, 1892 ; then convert* ; the unsold debentures are available for the pui 26,823 ed into ; rpose of I I 800,102 1,225,798 4-per-cent. Inscribed obtaining temporary I B. Seven yeai Fund rs' currency to 15th Apr! . payable 13ch March an( , 1892 ; then converted into 4-per-cent. Inscribed Stock at 107. C. Six y< 113th September. { Only £200,000 has actually been issued to the public Std

6

B.—18a

Return showing (1) Particulars of the Public Debt of the Colony on 30th June, 1878; (2) the several Increases and Decreases between that Date and the 31st March, 1901, whether arising from New Loans or the Conversion of Old Loans, or from paying off any Loan; (3) the Rate of Interest and Sinking Fund payable in respect of each Loan; (4) Particulars of the Public Debt on 31st March, 1901, showing in respect of each Loan (a) the Annual Charge for Interest and Sinking Fund, (b) the Amount of Outstanding Debt, (c) the Due Date thereof, (d) the accrued Sinking Fund, and (c) the Net Debt— continued.

Public Debt at 30th June, 1878. Amn Char No. Authority. JSSSSSri. D»ta of lame. Amount. Tvif Annual Charge. Increases to 31st Mar., 1901. From From New Loans. Conversions. Decreases to 31sl Loans converted ii Date. Terms. 3 _p er _ oent . 3J-per-cent. Inscribed Inscribed Stock. Stock. March, 1901. ito or redeemed by Loans Scribed Short-dated P aia ° ft Stock Debentures. Public Debt at ; When due. Amount. 31st March, 1901. Annual Charge. When due. nnual Charge. Sinking Funds Net Debt, accrued. Int. S.F. Interest. ! S.F. terest. ! S.F. Int. £ £ £ Brought forward ... .. •• •• ■• ... 9,587,511 8 Defence and Other Purposes Loan Act, 1870 .. .. 1,000,000 Consolidated Loan of 1867 .. .. £600,000 Included in No. 5. 5-per-cent. Five-thirties .. •• 250,000 Included in No. 13. Colonial issue 150,000 .. .. 50,000 .. 54 15 April, 1873 75,000 .. 4 £1,000,000 Uuly, 1880 20,000 .. 44 25 June, 1881 5,000 .. 44 150,000 9 Immigration and Public Works Loan Act, 1873 .. 2,000,000 5-per-cent. Five-thirties .. .. £500,000 Included in No. 13. 4|„ » •• •• 1,500,000 Included in No. 12. £2,000,000 10 General Purposes Loan Act, 1873 .. -• •• 750,000 5-per-cent. Five-thirties .. .. £500,000 Included in No. 13. Colonial issue 250,000 .. 15 May, 1874 12,300 .. 4 .. 49,500 .. 5 £750,000 .. 20,900 .. 4 15 Oct., 1873 18,500 .. 4 6,200 .. 44 „ ' 87,900 .. 5 54,700 .. 5 250,000 11 North Otago District Public Works Loan Act, 1872 .. 70,000 .. .. 43,900 5 12 ih-per-cent. Five-thirties — Immigration and Public Works Loan Act, 1870 .. See No. 7 .. 500,000 1873 .. See No. 9 .. 1,500,000 1874 .. 4,000,000 .. 4,000,000 6,000,000 44 13 5-per-cent. Five-thirties — Defence and Other Purposes Loan Act, 1870 .. See No. 8 .. 250,000 Immigration and Public Works Loan Act, 1873 .. See Nc. 9 .. 500,000 General Purposes Loan Act, 1873 .. .. .. See No. 10 .. 500,000 1,250,000 5 5-per-cent. Ten-forties — 14 New Zealand Loan Act, 1876 .. .. .. 1,000,000 1 Mar., 1878 1,000,000 1877 .. .. •• 2,500,000 1 Mar., „ 2,500,000 3,500,000 5 51 4 44 44 £ £ 802,200 £ £ 301,600 1,802,942 1885 100 1899 1888 1884 1899 1885 1884 1888 100 108 100 100 108 100 100 108 100 100 108 100 100 1 , ouu 1,500 £ £ £ 237,200 ! 4,271,200 1,750,869 I 50,000* 1 1 ' 49,500* 20,900* £ £ 2,025,900 15 April, 1913 1 July, 1910 1 July, „ 15 April, 1913 75,000 1 July, 1910 20,000 1 July, „ 5,000 100,000 15 May, 1914 10,800 £ £ 87,536 26,823 £ £ 7,536 26,823 4,125 4,125 £ £ 800,102 1,225,798 100,000 1884 100 1,100 15 Oct., 1913 17,400 1899 108 1,100 6,200* 87,900* 1885 100 1884 100 28 Nov., 1914 54,700 3,863 82,S0O 82,900 3,863 1878-83 .. 1878-83 43,900 1884 1886 1886 1884 103 1886 101 1886 E 103 101 E 103 101 E 3,053,900 1,891,200 1,054,900 13 ) 1884 1034 | 1885 102* ) 1884 [1885 1034 1024 1034 1024 504,400 745,600 14 1890 95 1886 102 1890 1886 95 102 2,207,300t 1,292,700 5 15 Westland Loan Act, 1873 50,000 15 April, 1874 .. 50,000 5 5 1891 107J 1896 100 1891 1074 50,000 15 16 Nelson Loan Act, 1874 27,000 23 Mar., 1876 15,000 .. 7 3,000 .. 7 18,000 17 Wellington Debts Act, 1876 .. .. .. .. 58,000 .. 16,500 .. 5 25,000 .. 5 16,500 •.. 5 58,000 18 New Zealand Loan Act, 1879 .. .. ..5,000,000 1 Nov., 1879 .. .. 5 19 Treasury BillsTreasury Bills Extended Currency Act, 1873 .. 400,000 .. 400,000 \ 1876 .. 172,000 .. 172,000 Appropriation Act, 1876 110,000 .. 110,000 Financial Arrangements Act, 1876.. ,. .. 150,000 .. 150,000 }-* b T 832,000 ° Treasury Bills Act, 1879 .. .. ,. ..800,000 1880 .. .. .. .. 200,000 .. .. .- / 20 New Zealand State Forests Act, 1885.. .. .. .. 1886-89 .. .. 5 16 7 7 1896 1885 1885 100 100 100 15,000 3,000* 17 5 5 5 58,000 5 5,000,000 1878-79 .. 1890 95 1879 120 1886 103 388,000 4,476,000 136,000 4,476,000 136,000 18 19 1 Labout I 5 - 1883 100 1,832,000 1,832,000 800,000 200,000 8,000 5 8,000 1891 20 21 District Railways Purchasing Acts, 1885, 1886.. .. .. 1885-86 .. .. 4 21 4 357,487 1894 104 1886 F 1888-89 .. 1898-99 1054 1895 100 1896 12,000 242,800 4,500 1,000 .. 242,800 87 1 April, 1905 97,100 6| 6 1894-95 .. .. 5 1896 .. .. 34 35,000 40,000 47,000 35,000 1899 1898 Par 47,000 35,000 35,000 1 July, 1909 40,000 137,100 6,284 137,100 22 New Zealand Colonial Inscribed Stock Loan Act, 1882 .. 250,000 1882-83 .. .. 5 no Government Loans to Local Bodies Act, 1886 .. .. .. 1887-1901 .. .. 5 0 44 4 34 22 23 250,000 405,000 337,800 169,500 618,600 1888 100 1892 100 1892 100 1896 100 250,000 405,000 44,000 463,300 509,500 'i* 1 Sept., 1907 .. 109,100 3,818 22,964 109,100 QA Public Revenues Act, 1886 .. .. .. .. 150,000 9 Oct., 1886 ... .. 44 "** 9 Oct., „ .. .. 5 25 Public Revenues Act, 1887 (No. 3) .. .. .. 400,000 1 Mar., 1888 .. .. 44 24 100,000 50,000 400,000 1891 1891 100 1893 100 400,000 50,000 100,000 25 26 Naval and Military Settlers' and Volunteers' Land Act, .. 1892-95 .. .. 44 1892 26 27,226 1899 100 27,196 31 Oct., 1899 .. 30§ 30 Carried forward .. .. .. .. .. .. .. 21,739,411 | 9,682,813 417,896 4,861,242 15,466,700 6,225,500 1,995,856 |2,455,030 105,626 I 49,787l 800,102] 1,654,928 21,739,411 • I E. Various. F. Included with issue of £1,325,000 authorised J H per cent, per annum payable on £1,530,900. The Land Assu by •• n irance rhe New Zee Fund is also iland Loan A charged witl Let, 1886." * Included in the sum of £231,000, No. 35. 1 £92,40 n J per cent, as a contribution of Sinking Fund. § Debenture not pre: 0 accepted at par. iented for payment.

7

B.—lB a

Return showing (1) Particulars of the Public Debt of the Colony on 30th June, 1878; (2) the several Increases and Decreases between that Date and the 31st March, 1901, whether arising from New Loans, or the Conversion of Old Loans, or from paying off any Loan; (3) the Rate of Interest and Sinking Fund payable in respect of each Loan; (4) Particulars of the Public Debt on 31st March, 1901, showing in respect of each Loan (a) the Annual Charge for Interest and Sinking Fund, (b) the Amount of Outstanding Debt, (c) the Due Date thereof, (d) the Accrued Sinking Fund, and (c) the Net Debt— continued.

t t I \ \ Public Debt at 30th June, Increases to Blst Mar., 1901. Decreases to 31st March, 1901. Public Debt at 31st March 1901 1878. - ___ _^_^_____________ ' " ■ - - - - __^^______^__ . Annual " , , Charge. Loans converted into or redeemed by No. Authority. , authorised. Date of Issue. : Annual Charge. sinMng Amount. ■ New Loans. Conversions. Date - Terms - 3-per-cent. 3J-per-eent. 4-per-cent. <., Lj 4j paid oft. When duo. Amount. Funds Net Debt. j Inscribed Inscribed Inscribed £ , „"? *1 accrued. Int. ] S.F. Stock. Stock. Stock. ueoentures. Interest. S.F. £ £ '£ ££ £££££ £ P £ £ £ x> Brought forward .. •■ .""• 21,739,411 .. .. 9,682,813 .. .. .. 417,896 4.861.242 15.466,700 6,225,500 1,995,856 .. .. 2,455,030 105,626 49,787 800,102 1654 928 27 Native Land Purchases Act, 1892 1892-94 .. .. 5 .. 9,700 .. 1899 .. 9,700 .. .. .. .. . .. (Kenewed under the Aid to Public Works Act and Land for 4J .. 15,000 i .. „ .. 15,000 .. .. .. .. 31 Oct., 1906 Settlements Acts Amendment Act, 1899.) 34 .. 125,000 .: 125,000 4,375 .. ..- 125,000 28 Land for Settlements Act, 1892 •■ 1893-94 .. .. U .. 8 690 .. 1897 .. .. .. .. .. 8,690 ■ ■ a (Benewed under " The Land for Settlements Acts Amendment H ■■ iO,Alb | .. .. .. . .. .. .. .. .. 31 Oct., 1906 .. 45,276 1,585 .. .. 45,276 Act, 1899.") 29 Cheviot Estate Payment Act, 1893 250,000 18 Oct., 1893 .. .. 4j .. 200,000 j 1894 100 200,000 .. .. .. .. .. 30 Land for Settlements Acts, 1894 and 1897 1894-1901 ., .. i '.'. 24j 200 ; " 1896 110 24 i 200 .! '.'. '.'. '.'. '.'. OU 3* .. 740,090; .. 1899 100 600 .. .. .. .. 31 Oct., 1906 739,490 of .. 349,000 1 .. .. .. .. .. .. .. .. 1 April, 1909 349,000 3J .. 62,000 .. .. .. .. .. .. .-. .. 1 April, „ 62,000 3i .. 30,000 .. .. .. .. .. .. .. .. 31 Oct., 1906 30,009 4 .. 300,000 .. .. .. .. .. : .. .. .. 1 April, 1902 300,000] 4 .. 56,000 .. .. .. .. .. ... .. .. 1 April, 1905 56,000] 4 .. 200,000 .. .. .. .. .. .. .. .. .. 200,000 2J .. 19,000 .. .. .. .. .. .. .. .. 30 June, 1901 19,000 1,755,490 64,905 ■• .. 1 755 490 31 Lands Improvement and Native Lands Acquisition Act, I 500,000 1894-97 .. .. 4 .. 383,000 .. 1897 •■ 100,000 .. .. .. .. 30 Sept., 1908 283,000 1894 3J -.. 117,000 .. .. .. .. .. .. .. .. 30 Sept., „ 117,000 400,000 15,415 .. .. 400 000 32 New Zealand Consols Act, 1894 750,000 1894-1901 .. .. 3J .. 459,389 .. .. .. .. .. .. .. .. 1 Feb., 1910 .. 459,389 16,079 .. .. 459*389 33 Bank of New Zealand and Banking Act, 1895 .. 500,000 1895 .. .. Si .. 500,000 .. 1896 100 .. 500,000 .. .. .. .. .. .. .. .. .. la3 ' ooa 34 Aid to Public Works and Land Settlement Acts, 1896 to 1900 2,000,000 30 Sept., 1896 .. ... 34 .. 250,000 .. .. .. .. .. .. .. .. 1 Feb., 1902 250,000 21 Deo., „ .. .. 34 .. 500,000 .. .. .. .. .. .. .. ..- 15 Aug., 1921* 500,000 15 Dec, 1897 .. .. 3 .. 25,000 .. 1899 100 25,000 21 Feb., 1898 .. .. 3J .. 100,000 .. „ .. 100,000 v 3 Mar., „ .. .. 3 .. 100,000 .. „ 100 100,000 11 Mar. .. -.. .. 3 .. 10,000 .. „ 100 10,000 5 April, 1898 .. .. 3J .. 100,000 .. .. .. 100,000 31 Oct., „ .. .. SJ .. 100,000 .. 1899 •• .. •• .. ■■ 85,000 31 Oct., 1903 15,000 4 Jan., 1899 .. .. 3J ... 150,000 .. .. .. j .. .. .. .. 4 Jan., 1904 150,000 15 Jan., 1900 .. .. { .. 100,000 .. .. .. .. ■• .. .. .. 15 Jan., 1905 100,000 15 Feb., „ .. .. J .. 100,000 .. .. .. .. .. .. .. .. 15 Feb., „ 100,000 15 Mar., X .. .. J .. 100,000 .. .. .. .. .. .. .. .. 15 Mar., „ 100,000 17 April, „ .. .. * .. 100,000 .. .. .. .. .. ,'. .. .. 17 April „ 100,000 15 May, „ .. .. J .. 100,000 .. .. .. .. .. .. .. .. 15 May, „ 100,000 15 June, „ .. .. J .. 100,000 .. .. .. .. .. .. .. .. 15 June, „ 100,000 16 July, , .. .. J .. 100,000 .. .. .. .. •• .. ... .. 16 July, „ 100,000 15 Aug., „ .. .. I .. 100,000 .. .. .. .. .. .: .. .. 15 Aug., ,, 100,000 15 Sept., „ .. .. J .. 100,000 .. .. .. .. ■• .. •• .. 15 Sept., „ 100,000 15 Oct., „ ■.. .. } .. 65,000 .. .. .. .. .. .. .. .. 15 Oot., „ 65,000 21 Nov., „ .. .. * .. 100,000: .. .. .. .. •• .. •• .. 21 Nov., „ 100,000 22 Dec, „ .. .. { .. 100,000 .. .. .. '.. •• .. ■• .. 22 Dec. „ 100,000 2,080,000 72,800 .. .. o nsn nno 35 Dairy Industry Act, 1898 1900-1901 .. .. 3J .. 1,781 .. .. .. .. •• .. ■• .. 1 Aug., 1908 438 -s,u»u, uuu ■ . 1 Jan.,; 1911 843 1 Jan., 1916 500 —: 1,781 62 .. .. . „ fll 36 Government Advances to Settlers Act, 1894 1900-1901 .. .. 4 .. 25,000 .. .. .. .. •• .. ... .. 1 Nov,, 1905 25,000 1 >'° J " 4 .. 25,000 I .. .. .. .. •• .. ■• .. " 1 Dec, 1905 25,000 3J .. 30,000; .. .. .. .. •• •• •• .. lFeb., 1906 30,000 3§ .. 30,000 .. .. .. 1 .. •• .. ' •■ " .. 28 Feb., 1906 30,000 34 .. 30,000 .. .. .. .. •• .. •• .. 20 Mar., 1906 30,000 140,000 5,150 .. .. 140 nno 37 Government Accident Insurance Act, 1898 .. .. .. 1900-1901 .. .. 3J .. 2,000 .. .. .. .. •■ •• ■■ •• 1 Feb., 1911 .. 2,000 70 .. .. 2000 3R New Zealand Consolidated Stock Act, 1877 (4-per-cents)— ' NewLoans— (1 Nov., 1882 .. 4 .. 1,000,000 .. .. .. .. ' •• , .. •• .. 1 Nov., 1929 1,000,000 New Zealand Loan Act, 1882 .. .. .. 3,000,000 -11 Nov., „ .. .. j 4 .. 1,000,000 .. .. .. i .. ■■ ■■ •■ •• INov., „ 1,000,000 (INov., 1884 .. .. : 4 .. 1,000,000 ; .. .. .. .. •■ •■ •■ •• INov., „ 1,000,000 1884.. .. .. 1,500,000 1 May, 1885 .. ... 4 .. 1,500,000 i .. .. .. ; .. •■ ■• •• •■ INov., „ 1,500,000 1886.. .. .. 1,325,000 1 Nov., 1886 .. ,. 4 .. 1,325,000 j .. .. .".."I .. ■• ■■ •• ■• INov., „ 1,325,000 1888.. .. .. 1,000,000 1 May, 1888 .. .. 4 , .. 1,000,000' .. .. .. .. •• ■• ■■ •• INov., „ 1,000,000 North Island Main Trunk Railway, 1882 .. 1,000,000 1 May, „ .. .. 4 X. 1,000,000 .. .. .. .. •• •■ ■ •• INov., „ 1,000,000 Conversions .. .. .. -. •• •■ •• •• 4 I .. .. 21,325,302 .. .. .. •• .. •■ .. INov., „ 21,325,302 3Q New Zealand Consolidated Stock Act, 1877 (3i-per-cents)— 29,150,302 1,166,012 .. .. oq ika --509 To redeem balances of loans of 1876,1877, and 1879.. .. 1 Jan., 1890 .. .. 34 ... .. 2,768,000 .. .'." .. ■• ■• •■ .. 1 Jan., 194C 2,768,000 ' "' To redeem balances of loans of 1860, 1863, 1867, and .. 1891-1900 .. .. 34 .. .. 3,393,167 .. .. .. •• .". •■ .. 1 Jan., „ 3,393,167 sundry provincial loans 6,161,167 215,641 •• .. g 5 g 7 40 New Zealand Consolidated Stockf Act 1877 (3-per-cents)— ' ' To make advances to settlers 3,000,000 1895-1901 .. .. 3 .. 1,740,000 .. j . » ,, lq4fi k 14s S10 i«4. 464 For conversions .. .. 1896-1901 .. .. 3 .. 1,035,000 3,373,810 f/v " " " "■ " 1 April, 1945 .. 6,148,810 184,464 .. .. 6)U8j8 i 0 41 New Zealand Consolidated Stock Act, 1884— English issue—Conversions .. .. .. .. 15 April, 1885 .. .. 5 .. .. 3,651,700 1892 107 '.. .. 3,651,700 , .. .. .. .. 15 Jan., 1886 .. .. 5 .. .. 43,600 „ 110 .. .. 43,600 15 April, „ .. .. a .. .. 562,400 „ 107 .. .. 562,400 Colonial issue—Conversions .. .. .. .. INov., 1888 .. .. j .. .. 250,000 ] Various .. .. .. 44 .. .. 231,000 10 Oct., 1891 .. .. 44 .. .. 50,000 1 Mar., 1892 .. .. 44 .. .. 449,000 1 Mar., 1896 .. .. $| .. .. 478,300 31 Dec, 1900 .. .. 34 .. .. 509,500 1895 100 .. 109,308 .. .. 1 NewLoans .. .. Various .. .. .. 44 .. 166,706 .. 1897 100 318,816 ... .. •• R1 7 ,, 28 May, 1892 .. .. 44 .. 280,300 " .. X •• 44,216 .. .. ■• | 01 - 28 May, 1893 .. .. if .. 284,500 \. 1898 100 2,058,824 .. .. •• J 28 May, 1894 .. .. i ,. 117,800 22 June, 1895 .. .. 4 .. 135,400 22 June, „ .. .. 34 10,000i 11 June, 1896 .. .. 84 .. 70,300 17 July, 1897 .. j .. M .. 69,600 : 1 Sept., 1898 .. .. 3J .. 54,300 .. .. .. .. .. .. ! •• 7 June, 1899 .. .. 84 .. 50,400 27 June, 1900 .. .. Bi .. 52,800 .. .. .. .. •• •• •• .. 1 Sept., 1905 157,500 31 Dec, 1907 509,500 667,000 23,345 .. .. 667,000 i 48,791,143 Less accrued Sinking Fund in respect of" The Govern- .. .. .. ...... .. .. .. .. .. .. .. ' ■• .. .. .. .. .. .. §233,392 233,392 ment Loans to Local Bodies Act, 1886 ". Totals .. .. .. .. 21,739,411 I .. .. 27,912,045 37,085,779 .. .. 3,324,252 5,720,550 |l9,724,400 6,225,500 | 2,151,288 I .. 49,591,24511,875,529 49,7871,033,494 48,557,751 * Loan may be paid off at any time after 15th February, 1907, on six months' notice being given. t Treasury Bills amounting to £700,000 are not included. \ One quarter per cent, over bank rate, varying interest calculated at 3J per cent. § Represents the accrued Sinking Fund in respect of the total amount issued under " The Government Loans to Local Bodies Act, 1886," of which £1,421,800 has been converted into Consolidated Stock debentures. So, 27 28 29 30 31 32 33 34 35 Increases to 31st Mar., 1901. From From New Loans. Conversions. £ £ 9,682,813 9,700 15,000 | 125,000 .: 8,690 .. . 45,276 200,000 I 50,000 I 24,200 I 740,090 | 349,000 j 62,000 30,000 300,000 56,000 200,000 19,000 383,000 117,000 459,389 500,000 250,000 500,000 25,000 100,000 100,000 10,000 100,000 100,000 150,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 65,000 100,000 100,000 ! 1,781 When duo. Public Debt at Amount. list March, 1901. Annual Charge. sirAing Funds -—• •" accrued. Interest. S.F. £ £ £ 105,626 49,787 800,102 4,375 1 KQK 1,585 Net Debt. £ 1,654,928 125,000 45,276 36 25 ,000 25,000 I 30,000 j 30,000 30,000 2,000 1,000,000 1,000,000 1,000,000 ! 1,500,000 j 1,325,000 1,000,000 ' 1,000,000 21,325,302 2,768,000 3,393,167 1,740,000 ! 1,035,000 3,373,810 3,651,700 43,600 562,400 250,000 231,000 50,000 449,000 478,300 509,500 166,706 280,300 284,500 117,800 135,400 10,000 : 70,300 : 69,600 54,300 50,400 i 52,800 27,912,045 37,085,779 [ The Treasury, Wellington, 14th September, 1901. James B. Heywood, Secretary to the Treasury. Robebt J. Collins, Accountant to the Treasury. o -p 10, By Authority: John Mackay, Government Printer, Wellington.—1901.