INVESTMENT OF DEPARTMENTAL FUNDS (RETURN SHOWING).

Appendix to the Journals of the House of Representatives, 1904 Session I, B-11

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1904. NEW ZEALAND.

INVESTMENT OF DEPARTMENTAL FUNDS (RETURN SHOWING).

Presented to both Houses of the General Assembly pursuant to Section 7 of " The Public Revenues Act, 1892."

Return showing the Investments of the Funds of the Post Office, Government Life Insurance, Public Trust, Commissioners of Public Debts Sinking Funds, Government Advances to Settlers Office, and New Zealand Consols Accounts during the Financial Year ended 31st March, 1904.

Compiled from returns rendered. James B. Heywood, Secretary to the Treasury, The Treasury, 24th June, 1901.

Investments. 4a n 0) a 3 0) .J - Post Office Account. Government Life Insurance Account. W i i a S > ™ 5 a oa°® ,„-. t)^ Public Trust Account. to £t3 I* 3 ©* *3 A §0) S o> 59 jj" 3 s?, . i a»o . * ■-H U " 0) w 0) $;3 ocp a o a M ■«J)3 3 l*2ojrJ "o^J a a;3 o ® S73 o 52.S" a'Ooa ts S g Ooos<! g < !« i Government securities— " The Consolidated Stock Act, 1884," debentures .. "The New Zealand Consols Act, 1894" "Government Advances to Settlers Act, 1894," debentures "The Land for Settlements Consolidation Act, 1900," debentures " The Land for Settlements Consolidation Act, 1900," debentures " The Local Bodies' Loans Act, 1901," debentures .. "The State Coal-mines Act, 1901," debentures "Government Advances to Settlers Extension Act, 1901,'' debentures " The Aid to Public Works and Land Settlement Act, 1903," debentures Treasury bills Other securities — Greymouth Harbour Board debentures Patea Harbour Board debentures City of Nelson debentures Borough of East Invercargill debentures Borough of Gladstone debentures Borough of Lower Hutt debentures Mortgages Wellington property £ £ s. d. £ £ s. d. £ £ £ n 60,600 31 20 0 0 31 20,000 • 31 25,000 1,100 4 3,000 31 205,000 31 55,000 80,000 •• 147,700 300,000 25,000 0 0 8,000 .. 60O 4 8i 4 4i 15,000 12,000 8,000 0 0 4 4 5,500 0 0 1,000 0 0 *i 276,586 3 7 4 12 10 4,975 6,500 0 0 338,430 8 5 403,815 '.'. Totals 6,000 463,815 1,700 920,300 284,590 10 8 4,975' '376,450 8 5 6,000 463,815

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Return of Investments of the Funds of the Post-Office Savings-Bank during the Financial Year ended 31st March, 1904.

W. Gkay, General Post Office, Secretary. Wellington, 20th April, 1904.

Return of Investments made by the Government Life Insurance Department during the Year ended 31st March, 1904.

J. H. Richardson, Government Insurance Department, Government Insurance Commissioner. Wellington, 10th June, 1904.

Return of Investments made by the Government Insurance Department (Accident Branch) during the Year ended 31st March, 1904.

J. H. Richardson, Government Insurance Department, Government Insurance Commissioner. Wellington, 10th June, 1904.

Particulars. °11 2 So &5 2 Due Date of Securities. Amount. Total. Renewed investments— "The Consolidated Stock Act, 1884," debentures " The Consolidated Stock Act, 1884," debentures Treasury bills Patea Harbour Board debentures 3* 4 Jan., 1909 4 Jan., 1909 31 Dec, 1904 8 Feb., 1946 £ s. d. 100,000 0 0 £ s. d. 3 H 65,000 0 0 599,200 0 0 9,870 0 0 774,070 0 0 .New investments — " Government Advances to Settlers Act, 1894," debentures " The Consolidated Stock Act, 1884," debentures ... " Land for Settlements Consolidation Act, 1900," debentures ... "The Local Bodies' Loans Act, 1901," debentures " Government Advances to Settlers Extension Act, 1901," debentures " The State Coal-mines Act, 1901," debentures " The Aid to Public Works and Land Settlement Act, 1903," debentures... Greymouth Harbour Board debentures ... Patea Harbour Board debentures H 3i 3i H 1 Feb., 1906 1 Sept., 1905 1 May, 1904 1 Jan., 1909 : 20,000 60,600 25,000 i205,000 0 ( 0 0 0 c 0 0 4 5 June, 1908 80,000 0 0 8* 1 April, 1907 ( 1 Jan., 1909 I 1 Feb., 1924 1 Jan., 1906 8 Feb., 1946 i 31 Dec, 1903 131 „ 1904 55,000 5,000 142,700 15,000 12,000 ! 150,000 150,000 0 0 0 0 0 0 0 0 0 0 0 0 0- 0 t-4 i 4 Treasury bills 8* 920,300 0 0 :i,694,370 0 0

Particulars. O ™ Sh m p* Due Date of Securities. Amount. Total. Renewed investments — Mortgages on property £ s. dJ £ s. d. 81,053 16 5 New investments — City of Nelson Wellington property ... Mortgages on property 4i 21 Mar., 1933 8,000 0 0 4 12 10 276,586 3 7 284,590 16 5 1365,644 12 10

Particulars. Amount. ew investments — Loans on mortgage . £4,975

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Return of Investments made by the Public Trust Office during the Financial Year ended 31st March, 1904.

J. W. POYNTON, Public Trust Office, Public Trustee. Wellington, 9th May, 1904.

Return of Investments made by the Commissioners of the Public Debts Sinking Funds during the Financial Year ended 31st March, 1904.

P. Purvis Webb, 23rd June, 1904. Secretary to the Commissioners.

Return of Investments made by the Government Advances to Settlers Office during the Financial Year ended 31st March, 1904.

John McGowan, Government Advances to Settlers Office, Superintendent. Wellington, 9th April, 1904.

Particulars. 5So Due Date of Securities. Amount. Total. New investments— New Zealand Consols " The Aid to Public Works and Land Settlement Act, 1903," debentures... Borough of Lower Hutt debentures Borough of Bast Invercargill debentures Borough of Gladstone debentures Mortgages of real property 3| 4 4* 4~ 4 3* 4 4* 4 4 1 Feb., 1910 1 Feb., 1924 16 Mar., 1910 1 Jan., 1915 8 Feb., 1914 £ 20 25,000 6,500 5,500 1,000 338,430 s. d. 0 0 0 0 0 0 0 0 0 0 8 5 £ s. d. )Al :50 8 5

Particulars. 03 a 3 Due Date of Securities. Amount. , Total. New investments — " The Aid to Public Works and Land Settlement Act, 1903," debentures ... " The Land for Settlements Consolidation Act, 1900," debentures 4 1 Jan., 1909 £ 3,000 s. d. 0 0 £ s. d. 4 1 Aug., 1908 3,000 0 0 £6,000 0 0

Particulars, .ortgages of property ... *5 Due Date of Securities. Amount. Total. £ s. d. 463,815 0 0 £ s. d £463,815 0 0 * Reducible to 4J per cent, provided instalments are paid within fo rteen days of due late.

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Return of Investments made by the Registrar of the New Zealand Inscribed Consols during the Financial Year ended 31st March, 1904.

James B. Heywood, Registrar, New Zealand Consols. Office of the Registrar of New Zealand Consols, Wellington, 15th April, 1903.

Approximate Cost of Paper.—Preparation, not given; printing (1,425 copies), £4 16s. 6d.

Authority: John Mackay, Government Printer, Wellington.—l9o4.'

Price 3d.]

Particulars. « 3 a) u _|3 0) <J <f a w Due Date of Securities. Amount. Total. £ s. d.l £ s. d. Renewed investments— Treasury bills H 31 Dec, 1904 100,800 0 0 New investments — " The Land for Settlements Consolidation Act, 1900," debentures ... " The Land for Settlements Consolidation Act, 1900," debentures " The Aid to Public Works and Land Settlement Act, 1903," debentures... 4 1 Feb., 1908 500 0 0 4 1 Aug., 1908 600 0 0 4 1 Feb., 1924 600 0 0 1,700 0 0 1102,500 0 0