THE PUBLIC DEBT OF THE COLONY (RETURN SHOWING PARTICULARS OF) AS ON 31st MARCH, 1902.

Appendix to the Journals of the House of Representatives, 1902 Session I, B-18

1902. NEW ZEALAND.

THE PUBLIC DEBT OF THE COLONY (RETURN SHOWING PARTICULARS OF) AS ON 31st MARCH, 1902.

Return to an Order of the House of Representatives, dated the 23rd July, 1902. Ordered, " That there be laid before this House a Return showing—(l) Particulars of the public debt of the colony on the 30th June, 1878 ; (2) the several increases and decreases between that date and the 31st March, 1902, 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 ; and (4) particulars of the public debt on the 31st March, 1902, showing in respect of each loan (a) the annual charge for interest and sinking fund, (6) the amount of outstanding debt, (c) the due date thereof, (d) the accrued sinking fund, and (c) the net debt: being continuation of Return 8.-18 A. of 1901."—(Mr. J. Allen).

Statement of the Securities in which the Sinking Funds of the several Loans were invested on the 31st March, 1902. Investments in— £ s. d. New Zealand 5-per-cent. Debentures .. .. .. .. .. 3,470 0 0 „ 4J-per-cent. Debentures .. .. .. .. .. 1,700 0 0 3J-per-cent. Debentures .. .. .. .. .. 1,250 0 0 4-per-cent. Inscribed Stock .. .. .. .. .. 129,754 19 6 „ 3J-per-cent. Inscribed Stock .. .. .. .. .. 2,571 3 7 County of Tauranga 5-per-cent. Debentures .. .. .. .. .. 60 0 0 Borough, of Brunner 6-per-eent. Debentures.. .. .. .. .. 840 0 0 Borough of Hokitika 6-per-cent. 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 Land for Settlements 4-per-cent. Debentures .. .. .. .. 2,060 0 0 Mortgages .. .. .. • .. .. .. .. .. 82,700 0 0 New South Wales 4-per-cent. Debentures .. .. .. .. .. 20,800 0 0 New South Wales 4-per-cent. Stock .. .. .. .. .. 5,486 6 7 New South Wales 3J-per-cent. Stock .. .. .. .. .. 84,269 13 4 New South Wales 3-per-oent. Stock .. .. .. .. .. 66,286 14 7 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 .. .. .. .. .. .. 27,158 9 10 South Australia 4-per-cent. Debentures .. .. .. .. .. 24,700 0 0 South Australia 4-per-cent. Stock .. .. .. .. .. 4,851 0 5 South Australia 3J-per-cent. Stock .. .. .. .. .. 38,068 11 6 South Australia 3-per-cent. Stock .. .. .. .. .. 114,819 12 6 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 .. .. .. .. .. .. 33,226 12 3 Canada 2J- per-cent. Stock .. .. .. .. .. .. 13,666 15 11 Tasmanian 3-per-oent. Stock .. .. .. .. .. .. 4,124 13 4 Ceylon 3-percent. Stock .. .. .. .. .. .. 6,000 0 0 Leeds Corporation 3-per-cent. Stock .. .. .. .. .. 14,000 0 0 939,732 11 10 Cash balance on 31st March, 1902 .. .. .. 189,083 10 0 Total .. .. .. .. £1,128,816 110

Statement of Treasury Bills outstanding on 31st March, 1902, showing the Date on which, and the Authority under which, they were issued, and the Date on which they are due.

* In renewal of former issues

I—B. 18.

Date of Issue. Amount. Eate of Interest. Due Date. Authority for Issue. 1901. lecember 31 .. 700,000* 3i% .. Dec.31, 1902 "Public Revenues Act, 1893," and amending Acts.

B.—lB.

PARTICULARS of Loans converted to 31st March, 1902, under Operation of "The New Zealand Consolidated Stock Act, 1877," and "The Consolidated Stock Act, 1884."

* 6 years' currency, to 15th January, 1892; then converted into 4-per-cent. Inscribed Stock at 110. t Dealt with under " The Lost Debentures Act, 1886." X 7 years, to 15th April, 1892; then converted into 4-per-cent Inscribed Stock at 107. § 6 years, to 15th April, 1892; then converted into 4-per-cent. Inscribed Stock at 107. || Various.

2

4-per-cent. Inscribed 3J-per-cent. Inscribed Stock, maturing 1st Nov., Stock, maturing 1st Jan., 1929. 1940. 3-per-cent. Inscribed Stock, maturing 1st April, 1945. Converted into Short-dated DebenLoans. O Due Date. Amount converted or redeemed. From what Date. Terms. For For Be- For For Reconversion, demption. Conversion, demption. For For EeConversion. demption. " The Consolidated Stock Act, 1884. £ Amount of Debentures. £ Interesi p. 0. p.c. 4 6 6 £ £ 50,000 £ £ £ 50,000 £ £ New Zealand Loan Act, 1856 New Zealand Loan Act, 1860 1 July, 1894 1 July, 1891 19,000 74,100 1 July, 1894 1 May, 1886 1 July, 1891 109 104 20*710 93,100 .. .. 77!064 New Zealand Loan Act, 1863 4 5 5 5 5 5 5 5 5 5 5 6 1 Nov., 1915 15 July, 1914 §00,000 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 117 114 114J 111 Par 121 120 118 119 117 109 73*800 •• 610,000 •• 21*318 7,099 1,554 ' 1 Jan., 1896 15 Jan., 1886 1 April, 1897 •• •• 3,146 240 3,894 1,071 585 43*600* 5 •• I - 1 April, 1898 1 Oct., 1897 1 April, 1899 1 May, 1886 .. .. 15 Mar., 1891 50 i903 en nno 50,903 l,400f 159,536 Consolidated Loan Act, 1867 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 { 104 109 104 109 104 110 115J 115 51*884 21,909 eri no A 51,884 21,909 ■■ I - I 195'936 ■ 5,096 75,790 87,780 3,105 •• I •• ••■ •• I "• I 1 July, 1894 .. ■ ■• 3 5 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 36 years 1 Jan., 1893 I 3,651,700 562,400 38,200 200 330,400 104,356 68,786 70,200 53,300 39,300 50,400 50,900 64,000 1,253,100 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 .1901-02 1 Jan., 1893 Par Par 106 . 3,651, 700 J 562,400§ 5 5 40,492 An Ann I ■• •• 40,492 200t 321,573 63,195 2-7,061 ; ! •• •■ II II 33,300 44,656 44,000 .. Lyttelton and Christchurch Kailway Loan Ordinance, 1860 IS ■ • • • 31 * 570 11,329 208 45,000 45,000 47,000 53,000 50,000 .. II * * .. II 106J 68^000 " " {6 16 1 July, 1893 1 July, 1894 200 6,000 5,084,142 1891 109 111 218 6,660 6,200 Carried forward I '6,486,542 1,122,585 781,956 52,043 240,000 4,257,700 ' 259,698 ' !59,698 ] I

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PARTICULARS of Loans converted to 31st March, 1902— continued.

3

4-per-oent. Inscribed Stock, maturing 1st Nov., 1929. 3J-per-cent. Inscribed Stock, maturing 1st Jan., 1940. 3-per-cent. ] Stock, maturii 194! Ascribed ]g 1st April, Converted into Short-dated DebenLoans. Due Date. Amount converted or redeemed. From what Date. Terms. For For Reconversion, demption. For For HeConversion, demption. "The Consolidated Stock Act, 1884." For Conversion. For Redemption. £ & 6,486,542 £ [ 259,698 * Amount of Debentures. 4,257,700 Interest p. c. Brought forward Canterbury Loan Ordinance, 1862 .. p. c. 6* 6 11 Sept., 1913 2 Jan., 1915 5,800 1,000 : 23,700 1,000 6,600 8,100 1,000 2,500 1,600 900 1,200 70,100 1891 1895 136 125 £ 1,122,585 7,888 1,250 £ 781,956 £ 52,043 "■ £ 240,000 ,, ,, Otago Loan Ordinance, 1862 6,800 •• •• 6 6 6 6 6 6 6 6 6 6 1 July, 1898 1891 1892 1894 1895-96 1896-97 1897-98 1 April, 1898 1 July, 1898 117J 116J 113J 110J 105 106 103J Par 103J 27,847 1,168 7,491 8,950 1,050 2,650 1,656 Auckland Loan Act, 1863 "900 1,242 70,000 .. 6 6 6 6 1 June, 1896 11,800 2,000 1,000 16,800 3,000 15,000 116,700 31,600 1891 1894-95 1895-96 1896-97 114 109 107 13,452 2,180 1,070 17 1000 Nelson Loan Act, 1874 7 7 12 April, 1885 23 Mar., 1896 12 April, 1885 23 Mar., 1896 Par Par 1 3,000 15,000 44 3* Wellington Loan Act, 1866 Defence and Other Purposes Loan Act, 1870 Immigration and Public Works Loan Act, 1870 8 1 July, 1886 18,000 13,500 1 July, 1886 Par 13,500 (25,000 t25, 000 5 5 4* •• •• I 5 * 31 Dec, 1885 50,000 31 Dec, 1885 Par I 4 4 15 April, 1913 9,000 100 15 April, 1897 108 108 9,720 108 •• Five-per-cent. Five-thirties 504,400 745,600 3,053,900 1,891,200 1,054,900 9,100 5 5 15 July, 1906 15 Jan., 1884 I 15 Jan., 1885 103J 1024 522,054 764,240 " " " * Four-and-a-half -per-cent. Five-thirties.. 4J 44 ) 1 Feb., 1904 f \ and J ) 1 Feb., 1905 ( 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 General Purposes Loan Act, 1873 5 4 4 4 5 5 1 Mar., 1918 15 Oct., 1883 15 May, 1914 15 Oct., 1913 15 Oct., 1885 28 Nov., 1884 15 Dec, 1888 20,900 1,500 1,100 6,200 87,900 49,500 1 May, 1886 28 Nov., 1884 1 April, 1899 102 Par 108 108 Par Par Par 1,318,554 • • .. iJ620 1,188 20,900 4 • • •• 15 Oct., 1885 28 Nov., 1884 15 Dec, 1888 .. • • 6,200 87,900 49,500 5 4* .. ,. Westland Loan Act, 1873 Treasury Bills Acts, 1879 and 1880 .. New Zealand Loan Act, 1879 5 5 5 5 15 April, 1894 1 Jan., 1886 1 Nov., 1889 167,100 50,000 1,832,000 30 June, 1891 31 Dec, 1883 1 Nov., 1879 1 May, 1886 107J Par 120 103 1,832,000 5,371,200 140,080 53,750 •• " 4,476,000 136,000 4,612,000 Carried forward 21,936,042 1,252,987 798,956 66,821 • • 14,499,215 1,824,240 310, 00C 4,503,700

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PARTICULARS of Loans converted to 31st March, 1902— continued.

* Dealt with under " The Lost Debentures Act, 1886.'

4

Loans. I Due Date. Amount converted or redeemed. From what Date. Terms. 4-per-cent, Inscribed 3$-per-cent Stock, maturing 1st Nov., Stock, maturi 1929. 194C For For Be- | For Conversion, demption. Conversion. Inscribed ing 1st Jan., 0. 3-per-cent. Inscribed Stock, maturing 1st April, 1945. Converted into Short-datea Debentures, under " The Consolidated Stock Act, 1884." For Redemption. For B'or BeConversion. demption. Brought forward District Railways Purchasing Acts 1885 and 1886 p. c. 4 4 5 5 1 April, 1905 242,800 12,000 1,000 4,500 22,000 25,000 35,000 •21,y»b,042 1 Nov., 1886 1 July, 1894 1 July, 1895 1 Oct., 1898 1 April, 1899 14,499,215 '1,824,240 242,800 £ 1,252,987 12,480 1,000 £ 798,956 66,821 310,000 i Amount of Debentures. j 4,503,700 ] Interesi p. c. Par 104 Par 105J .. " 1 April, 1899 .. 22,981 .. Colonial Inscribed Stock Act, 1882 .. Five-per-cent. Ten-forties New Zealand Loan Act, 1879 Government Loans to Local Bodies Act, 1886 •• 25,000 28 May, 1898 1 April, 1898 Par .. •• 35^000 5 5 5 I? 1 Nov., 1888 1 Mar., 1918 1 Nov., 1889 1 Mar., 1892 342,300 250,000 2,207,300 388,000 1 Nov., 1888 1 Jan., 1890 1 Jan., 1890 1 Mar., 1892 Par 95 95 Par Par 500* I 2,768,000 250,000 5 44,000 405,000 .. .. 44,000 405,000 44 4J 34 I 1 Mar., 1896 31 Dec, 1900 463,300 509,500 1 Mar., 1896 Par Par .. 463,300 509,500 Public Revenues Act, 1886 Public Revenues Act, 1887 (No. 3) .. Cheviot Estate Payment Act, 1893 .. 31 Dec, 1900 34 5 4* 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 44 5 44 31 Oct., 1899 250,000 27,226 31 Oct., 1899 .. 28,000 15,000 Consolidated Stock Act, 1884 5 5 5 44 44 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 24,700 31 Oct., 1899 15 April, 1892 107 107 110 Par Par 3,907,319 601,768 47,960 109,308 26,400 " 28 Nov., 1895 28 May, 1897 28 Nov., 1895 28 May, 1897 ,, 1 218^816 " 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 4 30 April, 1926 31 Oct., 1899 1 April, 1902 24,200 600 39,900 6,788,864 1 Oct., 1896 31 Oct., 1899 1 April, 1901 110 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, 3 896 and 1897.. 64,700 100,000 41 I097 4 30 Sept., 1908 1 Oct., 1897 100,000 34 31 Dec, 1896 500,000 1 Jan., 1896 Par 500,000 3 3| 34 34 1 Feb., 1899 3 Mar., 1899 11 Mar., 1899 5 April, 1899 1 April, 1903 1 Feb., 1902 100,000 125,000 10,000 100,000 35,000 250,000 3 Mar., 1899 11 Mar., 1899 Par Par 125 1000 10,000 100,000 100 ', 000 Expenses of Conversion 103 100 .. 36,050 250,000 620,000 ! 202,000 47,936 27,000 I 119,299,062 12,026,240 1,876,275 I, 4,284,892! 2,995,957 762,000 6,225,500 Totals .. £1 35,370,932 £37,469,926

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, 1902, 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, 1902, 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 (e) the Net Debt.

A. Six years' currency to 15th January, 1892; then converted into 4-per-cent. Inscribed Stock at 110. B. Seven years' currency to 15th April, 1892 ; then converted into 4-per-cent. Inscribed Stock at 107. C. Six years' currency to 15th April, 1892 ; then converted into 4-per-cent. Inscribed Stock at 107. * Included in sum of £231,000, No. 35. t Sinking Fund payable 13th March and 13th September. J Only £200,000 has actually been issued to the public. 2—B. 18. /

Public Debt at 30th June, 1878. Annual Charge. Increases to 31st Mar., 1902. Date. Terms. Decreases to 31st March, 1902. Public Debt at 31st March, 1902. Amount authorised. Loans converted into or redeemed by Annual o. Authority. Date of Issue. From From New Loans. Conversions. & & 3-per-cent. 3J-per-cent. 4-per-cent. uv, m .t rlnt^ Inscribed Inscribed Inscribed KtiS Stock. Stock. Stock. Debentures. Loans paid off. Charge. Sinking Funds accrued. Amount. Int. S.F. I IT 311 300,000 .. 4 25,000 .. 4 25,000 .. 4 50,000 .. ■ i 50,000 .. 4 50,000 .. 4 500,000 93,100 6 2 When due. Amount. Net Debt. Interest. S.F. £ 1896 1888 £ £ £ I & £ £ ~& £ £ £ £ 1 2 Ordinance of Legislative Council New Zealand Loan Act, 1856 500,000 1 I 311 300,000 25,000 25,000 50,000 50,000 1 July, 1859 1 Oct., 1 July, 1864 1889 New Zealand Loan Act, 1860 .. 1894 50,000 1891 104 1886 i 109 1894 115| 1886 112J 1886 A 1894 115 1895 114 H4J 1896 111 1897 120 121 1898 118 1897 119 1899 117 1892 117 1891 104 1886 109 1891 104 1886 109 1891 104 1886 109 1891 110 .N 3 150,000 1 July, 1861 .. 74,100 19,000 4 New Zealand Loan Act, 1863 3,000,000 15 July, 1864 I 488,000 .. 5 1 76[000 65^600 2,700 18,700 6,200 1,400 43,600 200 2,600 3,300 900 500 New Zealand Consolidated Loan Act, 1867— English issue 1 Nov., 1865 15 Mar., 1866 15 June, 1867 500,000 201,500 236,000 4 6 6 2 2 500,000 154,800 188,400 46^700 47,600 15 Dec, 93,900 6 2 4,900 20,100 1,519,400 68^900 15 July, 1914 266,300 13,315 2,663 137,880 128,420 7,283,100 6,531,400 1891 1886 106 1885 B 1894 1886 C 1879-96 .. 1894 107| 107 106 102 1895 106 105 100 1896 100 1897 105 106i 107 108 200 38!200 33,300 3,651,700 562i400 1,222,858 271,000 6,400 7,600 4,600 7,500 51.000 8,700 44,656 68,786 1898 104 I 105 2,000 3,800 6,500 17,100 40,800 1,100 9,700 42,500 39,100 200 50,400 50,900 1899 104 1900 1901 1893 106J Annual drawings 288,400 14,420 288,400 Colonial issue 77,000 1 Jan., 1873 15 April, „ 64,000 13,000 5 i 64,000 Public Debts Act, 1867— Auckland Loan Act, 1863 500,000 1 July, 1863 77,000 31,600 6 2 1891 ! 114 1894 j 109 1895 107 1896 1886 100 1880-81 .. 1891 109 1893 1891 111 1894 1896 1897 11,800 2,000 1,000 16,800 5 April, 191: 13,000 520 13,000 Wellington Loan Act, 1866 Nelson Waterworks Loan Act, 1864 Lyttelton and Gh'ch. Railway Loan Ordinance, 1860.. 50,000 20,000 300,000 1 July, 1866 13,500 6,200 77,700 8 8 (i 2 2 ■2 13,500* 6,200 Various "'200 eiooo 28,500 Canterbury Loan Ordinance, 1862 15,200 18,600 4,700 4,500 Otago Loan Ordinance, 1862 500,000 500,000 1 July, 1863 22,800 116,700 6 6 1 1 1891 136 1895 125 1891 116^ mj 1892 i 113J 1894 110J 105 1895 106 1896 103J 1897-93 100 1898-99 103J 5,800 1,000 1,000 23,700 6,600 8,100 1,000 2,500 1,600 2 Jan., 1915 2 July, 1916 3,800 12,200 16,000 960 160 13,470 2,530 900 1,200 69,700 400 7 Immigration and Public Works Loan Act, 1870 Guaranteed by Imperial Government .. £1,000,000 4,000,000 1901 1 June, 1907 1 June, 200,000 800,000 1 June, 1871 1 June, 1873 200,000 4 4 2-4 2-4 800,000 1,000,0001 40,000 24,000 705,703 294,297f Colonial issue .. .. .. 400,000 15 April, „ 1875-78 372,100 25,700 4 2,200 1897-99 \ 108 9,100 15 April, 1913 15 April, „ 303,000 27,900 Consolidated Loan of 1867 .. .. 2,100,000 Five-thirties ... .. 500,000 Included Included 397,800 390,900 15,776 390,900 in No. 5. in No. 12. I £4,000,000 i Carried forward .. .. .. I 352,900 1,802,942 237,200 4,271,200 1,750,869 1,974,600 84,991 26,823 857,053 1,117,547 9,587,511 802,200

B.—lB.

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, 1902, 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, 1902, 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 (e) the Net Debt-continued.

E. Various. F. Included with issue of £1,325,000 authorised by " The New Zealand Loan Act, 1886." * Included in the sum of £231,000, No. 35. t £92,400 accepted at J The Sinking Fund is payable on £1,744,100 (1J per cent, on £1,354,514, 1 per cent. on £15,675, and i per cent, on £373,911). The Land Assurance Fund is also charged with J per cent, as a contribution of Sinking « and.

6

Public Debt at 30th June, 1878. Increases to 31st Mar., 1902. Dei sreases to 31si March, 1902. Public Dei at 1st Marcl No. Authority. Amount authorised. Date ot Issue. Annual Charge. Int. S.P. Prom From New Loans. Conversions. Loan Date. Terms. 3 . per . ?ent . Inscribed Stock. is converted ii 3J-per-cent. Inscribed Stock. ito or redeem* 4-per-eent. Inscribed Stock. id by Short-dated Debentures. Loans paid off. When due. Amount. Annual lharge. Sinking Funds accrued. Net Debt. Ami lunt. Interest. S.F. Brought forward Defence and Other Purposes Loan Act, 1870 Consolidated Loan of 1867 .. .. £600,000 5-per-cent. Five-thirties .. .. 250,000 Colonial issue ... .. .. 150,000 £ 1,000,000 Included Included £ £ 9,587,511 £ 802,200 & £ 352,900 £ 1,802,942 £ 237,200 £ 4,271,200 £ 1,750,869 £ £ 1,974,600 £ 84,991 £ 26,823 £ 857,053 £ 1,117,547 in No. 5. in No. 13. 50,000 75,000 20,000 5,000 1885 50,000* 15 April, 1913 1 July, 1910 1 July, „ 75,000 20,000 5,000 1 nr\ c\c\(\ 15 April, 1873 1 July, 1880 25 June, 1881 100 £1,000,000 Immigration and Public Works Loan Act, 1873 5-per-cent. Five-thirties .. .. 5500,000 4J „ „ .. .. 1,500,000 2,000,000 Included Included in No. 13. in No. 12. 150,000 . 100,000 100,000 4,125 100,000 £2,000,000 750,000 Included 10 General Purposes Loan Act, 1873 5-per-cent. Five-thirties .. .. £500,000 Colonial issue .. .. .. 250,000 in No. 13. 15 May, 1874 12,300 49,500 20,900 18,500 6,200 87,900 54,700 4 5. 4 4 5 5 1899 1888 1884 1899 1885 1884 108 100 100 108 100 100 1,500 15 May, 1914 10,800 £750,000 49,500* 20,900* 15 Ooi, 1873 i]ioo 15 Oct., 1913 17,400 6,200* 87,900* North Otago District Public Works Loan Aot, 1872 Five-thirties — Immigration and Public Works Loan Act, 1870 1873 1874 250,000 43,900 28 Nov., 1914 54,700 43,900 82,900 3,863 82,900 11 12 70,000 5 1878-83 See No. 7 See No. 9 4,000,000 500,000 1,500,000 4,000,000 1884 1886 1886 103 101 E 3,053,900 1,891,200 1,054,900 5-per-cent. Five-thirties — Defence and Other Purposes Loan Act, 1870 Immigration and Public Works Loan Act, 1873 General Purposes Loan Act, 1873 6,000,000 *4 13 See No. 8 See No. 9 See No. 10 250,000 500,000 500,000 ) 1884 [1885 103J 102J 504,400 745,600 5-per-cent. Ten-forties — New Zealand Loan Act, 1876 1877 1,250!000 5' 95 102 2,2O7,3OOf 14 1,000,000 2,500,000 1 Mar., 1878 1 Mar., 1,000,000 2,500,000 3,500,000 1890 1886 1,292,700 5 50,000 15 Westland Loan Aot, 1873 50,000 15 April, 1874 50,000 5 1891 107£ 16 Nelson Loan Act, 1874 27,000 23 Mar., 1876 15,000 j 3,000 I 7 7 1896 1885 100 100 15,000 3,000* 17 Wellington Debts Act, 1876 58,000 18^000 16,500 25,000 16,500 5 5 5 5,000i000 388i000 58,000 New Zealand Loan Act, 1879 5,000,000 1 Nov., ,1879 58^000 5 1878-79 1890 1879 1886 18 95 120 103 4,476!000 136,000 19 Treasury Bills — Treasury Bills Extended Currency Act, 1873 1876 Appropriation Act, 1876 Financial Arrangements Act, 1876.. 400,000 172,000 110,000 150,000 400,000 172,000 110,000 150,000 about 5 1,832,000 1883 100 Treasury Bills Act, 1879 .. 1880 .. 800,000 200,000 832,000 800,000 200,000 8,000 20 New Zealand State Forests Act, 1885 1886-89 5 8,000 1891 21 District Railways Purchasing Acts, 1.885, 1886 1885-86 4 357,487 1894 1886 1888-89 1898-99 1895 1896 104 P 105J 100 4^500 12,000 242^800 87 1 April, 1905 97,100 New Zealand Colonial Inscribed Stock Loan Act, 1882 .. Government Loans to Local Bodies Act, 1886 .. 1894-95 1896 6£ 6 5 8* 35,000 40,000 47,000 35,000 1899 1898 47,000 35,000 i'ooo 35^000 1 July, 1909 40,000 Par 250,000 405,000 44,000 463,300 509,500 137,100 6,284 137,100 22 23 250,000 1882-83 1887-1901 5 5 4 8J 250,000 405,000 337,800 169,500 759,800 1888 1892 1892 1896 100 100 100 100 1 Sept., 1907 250,300 8,760 22,344 250,300 Public Revenues Act, 1886 .. ._. ._. „_ 150,000 11 Oct., 1886 9 Oct., 1 Mar., 1888 ■■ -M5 44 100,000 50,000 400,000 1891 L891 1893 50,000 100,000 54 ioo 100 400 ', 000 .. . !5 Public Revenues Act, 1887 (No. 8) 400,000 !6 Naval and Military Settlers' and Volunteers' Land Act, 1892 1892-95 *i 27,226 1899-00 100 27,226 Carried forward 2,544,900 108,023 49,167 857,053 469,226 4,861,242 15,466,700 6,225,500 1,995,856 1,687,847 21,739,411 9,824,013

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7

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, 1902, 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, 1902, 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 (e) the Net Debt-continued

• T may be naid off at any time after 15th February, 1907, on six months' notice being given. t Treasury Bills amounting to £700,000 are not included. J One-quarter per cent, over bank rate, varying interest calculated at 3J per cent. § Represents the accrued Sinking Fund in respeot°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.

The Treasury, Wellington, 13th September, 1902.

Jambs B. Heywood, Secretary to the Treasury, Eobebt J. Collins, Accountant to the Treasury.

Approximate Cost of Paper.— Preparation, not given; printing (1,200 copies), £16 3s. 6d.

By Authority John Magkay, Government Printer, Wellington.—l9o2.

3—B. 18.

Price 6(1.]

Public lebt at 3( 1878. une, :ncreases to 31st Mar., 1902. Decreases to 31st are) ., 19( lie arc! ,. No Authority. Amount authorised. Date of Issue. Annual Charge. Int. J S.F. From From New Loans. Conversions. Date. Terms. 3-per-cerjt. 3ft-per-cent. Inscribed Inscribed Stock. Stock. Loans converted into or redeem' id by Short-dated Debentures. Loans paid off. When due. Amount. Annual Charge. Interest. S.F. Sinking Funds accrued. Net Debt. Ann >unt. 4-per-cent. Inscribed Stock. 27 Brought forward Native Land Purchases Act, 1892 (Renewed under the Aid to Public Works Act and Land for Settlements Acts Amendment Act, 1899.) £ 1892-94 £ £ 21,739,411 5 £ 9,824,013 9,700 15,000 125,000 k 1899 £ 469,226 9,700 15,000 £ 4.861,242 £ 15,466,700 £ 6,225,500 £ 1,995,856 £ £ 2,544,900 £ 108,023 £ 49,167 £ 857,053 £ 1,687,847 1893-94 31 Oct., 1906 125,000 125,000 4,375 125,000 28 Land for Settlements Act, 1892 (Eeiiewed under " The Land for Settlements Acts Amendment Act, 1899.") 34 8,690 45,276 1897 8,690 31 Oct., 1906 45,276 1,585 45,276 29 Cheviot Estate Payment Act, 1893 250,000 18 Oct., 1893 44 ii 4 4 34 4 4 4 ? 4 4 200,000 50,000 24,200 740,090 349,000 62,000 30,000 300,000 56,000 200,000 19,000 10,000 527,950 21,000 338,200 1894 1895 1896 1899 100 100 110 100 200,000 50,000 30 Land for Settlements Acts, 1894, 1897, 1899, and 1900 .. 1894-1902 24,200 600 31 Oct., 1906 1 April, 1909 1 April, „ 31 Oct., 1906 1 April, 1902 1 April, 1905 739,490 349,000 62,000 30,000 260,100 56,000 1901 103 39,900 19,000 Lands Improvement and Native Lands Acquisition Act, 1894 1 April, 1906 1 May, 1904 1 Nov., „ 1 Feb., 1905 10,000 527,950 21,000 338,200 283,000 117,000 2,393,740 500,000 1894-97 4 34 383,000 117,000 1897 100,000 30 Sept., 1908 30 Sept., „ 2,393,740; 00,670 31 400,000 468,324 15,415 16,391 400,000 468,324 32 33 34 New Zealand Consols Act, 1894 Bank of New Zealand and Banking Act, 1895 Aid to Public Works and Land Settlement Acts, 1896 to 1901 750,000 500,000 2,000,000 1894-1902 1895 30 Sept., 1896 21 Dec, „ 15 Dec, 1897 21 Feb., 1898 3 Mar., „ 11 Mar. 5 April, 1898 31 Oct., 4 Jan., 1899 15 Jan., 1900 15 Feb., „ 15 Mar., „ 17 April, . 15 May, . 15 June, 16 July, , 15 Aug., „ 15 Sept.. , 15 Oct., 21 N. v., „ 22 Dec, , 8J 34 34 34 3 8i 3 3 H 34 3J 4 4 4 468,324 500,000 250,000 500,000 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 ,000 100,000 500,000 500,000 250,000 1896 1902 1899 1899 100 100 ioo ioo 100 250,000 25,000 100,000 100,000 10,000 100,000 500,000 851000 1 Feb., 1910 15 Aug., 1921* 31 Oct., 1903 4 Jan., 1904 15 Jan., 1905 15 Feb., „ 15 Mar., „ 17 April , 15 May, 15 Juue, 16 July, „ 15 Aug., „ 15 Sepi., 15 Oct., 500,000 15,000 150,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 65,000 Dairy Industry Act, 1898 103 35,000 100 \ 000 100,000 1 April, 1903 1 April, 1904 1 Dec, „ 465,000 500,000 250,000 1901 1900-1901 34 1,781 1 Aug., 1908 1 Jan., 1911 1 Jan., 1916 438 843 500 2,845,000 105,650 2,845,000 Government Advances to Settlers Act, 1894 1900-1901 50,000 90,000 50,000 90,000 1,781 62 1,781 .6 4 'a, ooo' 2,000 7 Government Accident Insurance Act, 1898 1900-1901 H 2,000 1 Feb., 1911 70 Local Bodies' Loans Aot, 1901 1902 34 72,000 1 Jan., 1909 72.000 1 2,520 72,000 8 19 New Zealand Consolidated Stock Act, 1877(4-per-cents)— New Loans — New Zealand Loan Act, 1882 1884,. 1886 1888 North Island Main Trunk Railway, 1882 Conversions New Zealand Consolidated Stock Act, 1877 (3J-per-cents)-To redeem balances of loans of 1876,1877, and 1879.. To redeem balances of loans of 1860, 1863, 1867, and sundry provincial loans New Zealand Consolidated Stock Act 1877 (3-per-eents)— To make advances to settlers Aid to public works and land settlement For conversions New Zealand Consolidated Stock Act, 1884— English issue—Conversions 3,000,000 1,500,000 1,325,000 1,000,000 1,000,000 fl Nov., 1882 1 1 Nov., „ (1 Nov., 1884 1 May, 1885 1 Nov., 1886 1 May, 1888 1 May, 4 4 4 4 4 4 4 4 1,000,000 1,000,000 1,000,000 1,500,000 1,325,000 1,000,000 1,000,000 1 Nov., 1929 1 Nov., 1 Nov., 1 Nov., „ 1 Nov., 1 Nov., „ 1 Nov., „ INov., , 1,000,000 1,000,000 1,000,000 1,500,000 1,325,000 1,000,000 1,000,000 21,325,302 21,325,302 29,150,302 1 Jan., 1890 1891-1900 34 34 2,768,000 3,393,167 1 Jan., 194C 1 Jan., „ 2,768,000 3,393,167 29,150,302 L,166,012 6,161,167 215,641 6,161,167 3,000,000 1895-1902 1901 1896-1902 3 3 3 2,240,000 1,000,000 1,035,000 3,757,957 (- 1 April!? 1945 8,032,957 240,988 8,032,957 15 April, 1885 15 Jan., 1886 15 April, „ 1 Nov., 1888 Various 10 Oct., 1891 1 Mar., 1892 1 Mar., 1896 31 Dec, 1900 Various 28 May, 1892 28 May, 1893 28 May, 1894 22 June, 1895 22 June, „ 11 June, 1896 17 July, 1897 1 Sept., 1898 7 June, 1899 27 June, 1900 26 June, 1901 5 5 5 5 H ii ii 8i 34 ii 4 4 34 8i 34 3i 3J 34 3,651,700 43,600 562,400 250,000 231,000 50,000 449,000 478,300 509,500 1892 107 110 107 3,651,700 43,600 562,400 Colonial issue—Conversions 1 1895 1897 1898 109,308 ' New Loans 166,706 280,300 284,500 117,800 135,400 10,000 70,300 69,600 54,300 50,400 52,800 57,000 100 100 318,816 44,216 2,058,824 1 ) 61,742 724,000 52,109,394 271,763 ioo 1 Sept., 1905 31 Dec, 1907 214,500 509,500 724,000 25,340 Lefs accrued Sinking Fund in respect of " The Government Loans to Local Bodies Act, 1886 §271,763 31,838,330 37,469,926 3,700,482 19,724,400 6,225,500 2,710,288 52,966,447f 49,167 51,837,631 Totals .. .. .. j 21,739,411 5,720,550 1,992,742 1,128,816