PUBLIC TRUST OFFICE (ACCOUNTS OF THE) FOR THE YEAR ENDED 31st MARCH, 1906.

Appendix to the Journals of the House of Representatives, 1906 Session I, B-09

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1906. NEW ZEALAND.

PUBLIC TRUST OFFICE (ACCOUNTS OF THE) FOR THE YEAR ENDED 31st MARCH, 1906.

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

The Controller and Auditor-General to the Hon. the Colonial Treasurer. Sir,— Audit Office, 9th June, 1906. 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 am, &c, J. W. Poynton, The Hon. the Colonial Treasurer, Wellington. Deputy Controller and Auditor.

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BALANCE-SHEET of the Public Trust Office for the Year ended 3ist March, 1906.

Balances on 1st April, 1905. Transactions to 31st March, 1906. Balances on 31st March, 1906. Name of Account. Dr. Or. Dr. Or. Dr. Or. Wills and trust estates .. .. .. .. •■ •• | Intestates' estates Lunatics' estates Convicts' estates .. .. .. .. .. ■ • j Real estates .. .. .. .... ... Unclaimed iands West Coast settlement reserves .. .. Native reserves .. .. .. .. Auckland Hospital reserves " Advances to Settlers Act, 1894," Debenture Sinking Fund " Advances to Settlers Act, 1894," Assurance and Reserve Fund " Civil Service Reform Act, 1886 " .. .. .. ■ ■ "JPost and Telegraph Classification and Regulation Act, 1890 " " Teachers' Superannuation Act, 1905," section 20 Teachers' Superannuation Fund Government Railways Superannuation Fund .. Police Provident Fund .. .. .. Permanent Militia Reward Fund .. .. Coal-miners' Relief Fund Land Assurance Fund " Taranaki Scholarships Act, 1905" .. .. ■• " Shipping and Seamen's Act, 1877 " " Industrial Schools Act, 1882 " .. " Little Barrier Island Purchase Act, 1894 " .. " Bankruptcy Act, 1892 " " Rating Act, 1894" .. .... " Public Works Act, 1882," sections 64 and 65 .. "Public Works Act, 1894," section 77 .. •. ■• " Native Land Act Amendment Act, 1878 (No. 2)," section 13 " Native Land Laws Amendment Act, 1883," section 14 .. " Native Land Laws Amendment Act, 1895," sections 71 and 72 " Native Land Laws Amendment Act, 1896," section 10 .. " Native Land Court Act, 1894," section 68 ■' Native Equitable Owners Act, 1886 " ... " Maori Real Estate Management Act, 1888 " .. " Maori Lands Administration Act, 1900 " " Reserves and other Lands Sale, Disposal, and Enabling and Public Bodies' Empowering Act, 1901 " Dairy industry advances .. .. • ■ Mining Acts deposits New lease deposit Mortgage realisation Suspense .. .. .. Imprest Interest .. .. .. .. . ■ Accrued interest General investment Special investment Special loans .. .. Assurance and Reserve Fund Cash Profit and loss £ s. d. £ s. d. 1,098,899 18 5 100,956 8 6 55,422 17 2 1,085 11 5 56 2 1 13,624 19 5 44,114 13 10 16,511 18 10 1,207 17 1 193,887 10 5 125,724 15 6 40,116 8 8 12,707 4 4 '.'. 68,670 7 8 24,875 11 2 1,495 4 7 3,308 17 5 37,253 17 0 .'. 220 2 9 440 17 8 551 12 2 1,872 12 5 2,418 0 2 25 0 0 203 14 6 576 14 8 1,041 16 7 3,144 15 4 780 3 6 194 13 0 5 18 3 9,245 7 4 124 4 6 1,367 9 8 713 12 7 . .. 2,953 17 2 10 4 2 1,359 14 3 825 0 0 16,218 18 5 '.'. 1,548,112 5 0 265,597 6 2 289 1 4 15,414 0 3 82,515 9 1 30,395 2 11 1.913.268 18 8 1,913.268 18 8 £ s. d. 285,763 16 11 103,771 10 7 25,174 19 0 187 14 8 6 14 3 233 2 8 28,665 9 1 8,094 18 2 2,922 17 5 376,459 0 11 159,980 2 5 1,603 8 3 301 11 11 15 5 24,918 9 2 5,432 3 11 0 9 5 1,064 10 5 12,890 0 7 12 13 5 96 10 1 18 0 0 415 7 8 176 13 1 33 6 0 51 6 8 38 0 5 £ s. d. 429,138 2 6 119,017 8 11 35,016 6 3 214 11 9 1,133 3 0 28,730 7 10 7,786 7 5 3,047 19 0 266,459 0 11 34,255 6 11 6,262 3 0 4,259 0 1 16 1 0 5,127 2 10 47,232 13 4 7,677 15 3 99 10 2 1,367 14 8 3,523 3 1 5,422 19 0 163 6 1 203 15 1 278 12 3 10 10 0 2,774 6 7 108 3 2 £ s. d. £ s. d. 1,242,274 4 0 116,202 6 10 65,264 4 5 1,112 8 6 49 7 10 14,524 19 9 44,179 12 7 16,203 8 1 1,332 18 8 83,887 10 5 44,775 3 5 16,664 12 6 16 1 0 5,125 17 5 90,984 11 10 27,121 2 6 1,594 5 4 3,612 1 8 27,886 19 6 5,410 5 7 286 18 9 422 17 8 551 12 2 1,660 19 10 2,519 17 4 2 4 0 2,926 14 5 646 17 5 1,041 16 7 591 17 3 1,274 19 4 403 9 1 5 18 3 7,938 8 2 919 4 6 450 6 11 2,746 1 11 202 17 11 189 12 10 193 3 10 697 13 9 398 8 11 17,008 19 3 985 2 6 958 18 4 15,702 0 1 1,780 2 6 41 15 7 250 17 10 185 10 2 3,600 0 0 25 0 0 427 16 9 4,702 13 9 648 4 11 6,553 17 2 26 16 2 8 8 0 427 16 9 3,309 6 7 450 0 0 90,532 ,7 5 17,919 18 4 286,718 4 4 66,862 0 0 1,868 11 5 90.532 7 5 16,218 18 5 307,863 0 1 8,030 11 0 1,933 19 6 4,205 3 2 1,290,247 0 4 32.533 14 4 1,275 0 0 2,753 1 5 17,919 18 4 1,526,967 9 3 324,428 15 2 354 9 5 19,619 3 5 1,235,858 9 11 24,032 11 10 28,126 18 8 38,896 5 5 j.,y±o,2oo i-o o x,»j.o,*soo io o 1,913,268 18 8 1,913,268 18 8 2,788,644 9 8 2,788,644 9 8 1,898,718 1 5 1,898,718 1 5

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Public Tbust Office Profit and Loss Account. Summary of Eevenue and Expenditure for the Year ended 31st March, 1906. Dr. £. s. A. £ s. d. I Cr. £ s. d. £ s. d. To Expenses of Management :— | By Balance on Ist April, 1905 .. .. .. .. .. 30,395 2 11 Salaries,— Commissions and charges .. .. .. .. 14,401 12 1 Head Office .. .. .. .. .. 7,468 11 0 Interest, being surplus from investments .. .. .. 16,827 111 Branch offices and agencies .. .. .. 3,75' 10 5 Rents from securities taken over .. .. .. 427 10 3 Clerical assistance .. .. .. .. ■. 3.51 13 11 Valuation fees .. .. .. .. .. 532 8 6 Agents'commission .. .. .. -.. .. 3,064 17 8 Refund, cost of building erected on W.C.S. Reserve .. .. 194 0 3 Cost of audit .. .. .. .. 240 0 0 Sundries ..' .. :.' .. .. 146 8 0 Services of Agent-General's Office .. .. .. 100 0 0 32,529 1 0 Services of General Post Office (eighteen months) .. .. 937 10 0 Postages, General Post Office .. .. .. .. 250 0 0 Rent,— Head Office .. .. .. .. .. 475 0 0 Branch offices and agencies .. .. .. .. 430 2 6 Travelling-expenses .. .. .. .. .. 622 13 9 Legal expenses .. .. .. .. • ■ 246 11 6 Printing, stationery, and requisites .. . • • • -726 13 8 Cleaning and lighting .. .. .. 230 9 5 Furnishing .. .. .. .. .. 114 3 7 Advertising .. .. .. .. .. 226 4 6 Valuation fees .. .. .. .. • • 312 15 6 Sundries .. .. .. .. .. • • 442 5 3 Cost of plans, <Src, for new premises .. .. .. 548 19 1 Transfer to Assurance and Reserve Fund .. .. .. 3,488 16 9 Balance .. .. .. .. •• •• 38,896 5 5 £62,924 3 11 £62,924 3 11

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"The Civil Service Eeform Act, 1886." Statement of Account for the Year ended 31st March, 1906. Dr. £ s. d. Cr. £ s. d. £ s. d. To Amounts paid on retirement from the Service.. .. .. .. 1,603 83 By Balance on Ist April, 1905 .. .. .. •• .•• . 40,116 8 8 Balance .. .. .. .. .. .. .. 44,775 3 5 Deductions from salaries .. .. •■ ■■ 4,730 12 0 Amounts paid on retirement refunded .. .. .. 8 15 11 Amount lodged on account of J. A. Wilson's compensation .. 20 0 0 Interest added to account .. .. •• •• 1,502 15 1 £46,378 11 8 £46,378 11 8 Interest Account for the Year ended 31st March, 1906. D». £ s. d. £ s. d. Cb. £ s. d. £ s. d. To Accrued and overdue interest at 31st March, 1905, transferred .. 15,719 010 By Interest on mortgages .. .. .. .. 66,073 2 6 Interest transferred to estates .. .. .. .. 57,700 6 8 Interest on Government securities .. .. ■■ 3,622 19 b Amounts refunded .. .. .. .. •• 285 18 0 Interest on local bodies'debentures .. .. ■• 2,341 10 10 Balance transferred to Profit and Loss Account. .. .. 16,827 111 Interest on current account in bank .. .. - ■ 273 10 9 Sundry receipts .. .. .. .. •• 1,800 1 1 Accrued and overdue interest at 31st March, 1906 .. .. 16,421 2 9 £90,532 7 5 .£90,532 7 5 Consolidated Fund Account for the Year ended 31st March, 1906. Dr. £ s. d. £ 3. d. Cr. £ s. d. £ a. d. To Amount paid to Public Account in terms of section 76 of " The By Balances in the undermentioned accounts, unclaimed for six Public Revenues Act, 1891".. .. .. .. 2,410 18 3 years:Intestate estates .. .. .. .. .. 1,803 3 8 The Rating Acts .. .. .. .. 104 5 8 The Bankruptcy Acts .. .. .. .. 380 10 3 "The Shipping and Seamen's Act, 1877" -. .. 19 11 1 Suspense Account .. .. .. .. 103 7 7 . £2,410 18 3 £2,410 18 3

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Securities held by the Public Trust Office on the 31st March, 1906.

A. A. K. Duncan, Deputy Public Trustee. T. \). Kendall, Accountant. Examined and found correct. —J. W. Poynton, Deputy Controller and Auditor. 9th June, 1906

Approximate Cost of Paper.— Preparation, not given; printing (2,450 copies), .£7 19s.

Authority: John Mackay, Government Printer, Wellington.— loo 6.

Price Sd.\

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Nominal Value. Cost Price. "New Zealand Consols Act, 1894," inscriptions Nos. 82, 120, 139, 155, 192, 204, 206, 222, 231, 244, 251, 258, 261, 265, 269 .. " Immigration and Public Works Loan Act, 1870," eight debentures, Nos. 4 to 11 " General Purposes Loan Aot, 1873," four debentures, Nos. 32 to 35, and certificate No. 74 "Aid to Public Works and Land Settlement Act, 1903," fifteen debentures, Nos. 1158 to 1167, 1374, and Nos. 1664 to 1667 Waimakariri-Ashley Water-supply Board, three debentures, Nos. 1 to 3 Waimakariri-Ashley Water-supply Board, Brown's Rock Subdivision, three debentures, Nos. 1 to 3 Borough of Onslow, five debentures, Nos. 1 to 5 Borough of Onslow, two debentures, Nos. 1 and 2 Borough of Onslow, nine debentures, Nos. 2 to 10 Borough of North Invercargill, forty-seven debentures, Ncs. 1 to 47 .. Borough of South Invercargill, fifty debentures, Nos. 1 to 50 Borough of East Invercargill, fifty-five debentures, Nos. 1 to 25 and Nos. 1 to 30 Borough of Gladstone, ten debentures, Nos. 1 to 10 Borough of Sydenham, seventeen debentures, Nos. 1b to 17b Borough of Lower Hutt, loan of £8,000, eight debentures, Nos. I to 8 Borough of Lower Hutt, loan of £1,000, one debenture, JNo. 1 Borough of Lower Hutt, loan of £2,500, five debentures, Nos. 1 to 5 .. Borough of Lower Hutt, loan of £2,800, two debentures, Nos. 1 and 2 Borough of Lower Hutt, loan of £6,000, six debentures, Nos. 1 to 6 .. Borough of Lower Hutt, loan of £750, ten debentures, Nos. 1 to 10 .. Borough of Blenheim, loan of £3,500, thirty-five debentures, Nos. 1 to 35 Borough of Petone, loan of £8,000, eight debentures, Nos. 1 to 8 Borough of Petone, loan of £5,000, five debentures, Nos. 1 to 5 Borough of Petone, loan of £500, one debenture, No. 1 .. Borough of Petone, loan of £1,000, one debenture, No. 1 .. Borough of Masterton, loan of £4,000, three debentures, Nos. 1 to 3 .. Borough of Dannevirke, loan of £15,000, thirty debentures, Nos. 51 to 80 City of Christchurch, Richmond Wara, forty-one aebentures, Nos. 1 to 41 City of Christchurch, loan of £35,000, seventeen debentures, Nos. 312 to 328 .. City of Wellington Fire Brigaae Loan, ten aebentures, Nos. 1 to 10 .. " City of Dunedin Waterworks Act, 1874," loan, seven debentures, Nos. 1032, 1033, 1044, 1074, 1075, 1137, and 1143 Bluff Harbour Board, loan of £30,000, one hundred and four debentures, Nos. 1 to 95, and Nos. 156 to 164 Mataongaonga Road Board, loan of £2,800, ten debentures, Nos. 13 to 16, and Nos. 22 to 27 Mortgages— General Investment Account .. .. .. £1,425,750 9 3 Special Investment Account .. .. .. 292,500 15 2 £ s. d. 1,188 0 0 800 0 0 1,200 0 0 39,000 0 0 3,000 0 0 3,000 0 0 5,000 0 0 2,600 0 0 720 0 0 4,700 0 0 5,000 0 0 5,500 0 0 1,000 0 0 1,700 0 0 8,000 0 0 1,000 0 0 2,500 0 0 1,300 0 0, 6,000 0 0 750 0 0 3,500 0 0 8,000 0 0 5,000 0 0 500 0 0 1,000 0 0 3,000 0 0 3,000 0 0 1,640 0 0 850 0 0 1,000 0 0 £ s. d. 1,188 0 0 672 0 0 1,036 0 0 39,000 0 0 3,000 0 0 3,000 0 0 5,000 0 0 2,600 0 0 720 0 0 4,700 0 0 5,000 0 O 5,500 0 O 1,000 0 0 1,700 0 O 8,000 0 0 1,000 0 O 2,500 0 0 1,300 0 0 6,000 0 O 750 0 0 3,500 0 0 8,000 0 0 5,000 0 0 500 0 0 1,000 0 0 3,000 0 0 3,000 0 0 1,640 0 0 850 0 0 950 0 0 600 0 0 639 0 0 10,400 0 0 10,400 0 0 1,000 0 0 1,000 0 O 1,718,251 4 5 i |1,718,251 4 5 Total £1,851,699 4 5 1,851,396 4 5 Total General Investment Account .. .. £1, Total Special Investment Account .26,967 9 3 124,428 15 2 £1, 151,396 4 5