INVESTMENT OF DEPARTMENTAL FUNDS (RETURN SHOWING).

Appendix to the Journals of the House of Representatives, 1908 Session I, B-11

8.-11.~

1908. 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."

8.—11..

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, New Zealand Consols, and State Fire Insurance Accounts, during the Financial Year ended 31st March, 1908.

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Investments. o Post Office Account. Government Life Insurance Account. a a ° « Public Trust Account. PI a£l§ Government Advances to Settlers Office Account. pit i I 58 State Fire Insurance Account. Government securities — " The New Zealand Consols Act, 1894 " " The Government Advances to Settlers Act, 1906," debentures " The Government Advances to Workers Aot, 1906," debentures The Hutt Railway and Road Improvement Aots, 1903-1905, debentures "The Land for Settlements Consolidation Aot, ( 1900," debentures | " The Local Bodies' Loans Act, 1901," debentures " The Aid to Public Works and Land Settlement Act, 1900," debentures " The Aid to Public Works and Land Settlement Act, 1901," debentures "The Aid to Public Works and Land Settlement Act, 1902," debentures " The Aid to Public Works and Land Settlement Act, 1903," debentures "The Aid to Public Works and Land Settlement Act, 1906," debentures " The Aid to Public Works and Land Settlement Act, 1907," debentures " The Scenery Preservation Act, 1903," debentures "The Maori Land Settlement Ace, 1905," debentures "The Maori Land Settlement Act Amendment Act, 1907," debentures " The Reserve Fund Securities Act, 1907," debentures Other securities — Greymouth Harbour Board debentures Dunedin City Council debentures H H 34 3i 4 3i 4 4 4 £ s. d. 300 0 0 400,000 0 0 185,000 0 0 50,000 0 0 13,850 0 0 5,000 0 0 185,000 0 0 199 0 0 2,500 0 0 700 0 0 » £ s. d. £ £ a. 94,415 0 0 £ 9 j<300 £ k " * s. d. £ s. d. £ 150 £ s. d. 10,000 0 0 4 1,800 0 0 4 1,500 0 0 200,000 0 0 10,000 0 0 4 100 0 0 3J 50,000 0 0 3* 800,000 0 0 4 20,000 0 0 400 0 0 Carried forward 1,925,949 0 0 94,815 0 0 9,600 150 10,000 0 0

B.—ll.

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, New Zealand Consols, and State Fire Insurance Accounts, during the Financial Year ended 31st March, 1908— continued.

Compiled from returns rendered. Robert J. Collins, Secretary to the Treasury. R. B. Vincent, _ „, Accountant to the Treasury. The Treasury, 13th June, 1908.

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Investments. I Post Office Account. Government Life Insurance Account. o q o o Public Trust Account. s-gs i-itf! O O03< Government Advances to Settlers Office Account. 43 O OS" r|J ► is s ■go State Fire Insurance Account. £ s. d. 1,925,949 0 0 £ s. a. £ £ s. a. 94,815 0 0 9,600 £ s. d. & s. d. & 150 £ s. d. 10,000 0 0 Brought forward Other securities — continued. Wellington City Council debentures Wellington City Council debentures Borough of Dannevirke debentures Borough of Greytown debentures Borough of Hamilton debentures Borough of Hawera debentures Borough of Invercargill debentures Borough of Petone debentures Borough of Eangiora debentures Borough of Taihape debentures Town Board of Waipukurau debentures Mortgages 4 5 5 4J 4* 49,000 0 0 900 0 0 1,500 0 0 5,000 0 0 2,000 0 0 4,000 0 0 ■ •• ■■ ■■ 700 0 0 .. ■• 8,000 0 0 8,000 0 0 I .. 6,000 0 0 I 600 0 0 485,235 8 7 .. 553,169 0 0 13,490 1,197,416 9 11 203,978 2 2 Totals 1,974,949 0 '0 569,569 0 0 13,490 ■ • 600,350 8 7 9,600 1,197,416 9 11 203,978 2 2 150 10,000 0 0

B.—ll.

Account of Investments of the Funds of the Post-Office Savings-Bank during the Financial Year ended 31st March, 1908.

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Particulars. tM +> ■*" 311 Doe Date of Securities. Amount. Total. tecewed investments— "The Consolidated Stock Act, 1884," debentures Canadian debentures 31st December, 1914.. 1st November, 1908 1st January, 1910 1910 to 1935 (on six months' notice) Ditto 1st January, 1910 1st November, 1908 1909 to 1934 (on six months' notice) 1st July, 1938 1st October, 1947 1st July, 1929, to 1949 1st March, 1927, to 1952 15th April, 1918, to 1943 5th January, 1931 (on or after) 1st July, 1927 (or after) 1st July, 1910 1st July, 1933 1st September, 1918 1st October, 1924 1st July, 1962 (oil or after) .. 30th September, 1925 1st January, 1908 1st July, 1908 1st January, 1909 1st April, 1916 1st January, 1916 On six months' notice, 1st April, 1916, to 1935 1st April, 1918 1st April, 1924 On six months' notice, 1st April, 1917, to 1936 1st January, 1939 15th March, 1930, to 1955 On six months'notice, 1st May, 1923,to 1953 31st December, 1908 15th March, 1917, to 1942 .. 1st October, 1913 1st October, 1919 1st October, 1920 1st April, 1908 On twelve months' notice, 1st January, 1911, to 1926 1st October, 1913 1st October,-1923 On twelve months' notice, 1st January, 1921, to 1926 On twelve months' notice, 1st January, 1929, to 1949 £ s. d. 283,500 0 0 4,623 0 0 4,590 0 0 £ s. d. 8! 4 4 4 Canadian stock 4 4 4 31 1,656 0 0 3,205 7 8 21,141 16 1 6,453 19 1 Cape of Good Hope consolidated stock Gold Coast stock Hong Kong stock India stock.. Leeds Corporation stock .. New South Wales debentures New douth Wales stock 3 3 ■'i ? 4. 4 ■n 3i 3 4 4 4 4 4 4 33,852 9 3 4,800 0 0 10,933 8 9 186 1 3 15,120 0 0 14,117 8 0 213 18 9 12,280 0 0 20,097 0 0 5,815 10 2 31,840 0 0 52,735 0 0 5,795 3 9 838 10 0 400 0 0 105 0 0 13,130 0 0 9,700 0 0 1,515 0 0 Reading Corporation stock Sheffield Corporation stock South Australian debentures.. South Australian stock 915 16 10 193 8 4 1,861 9 0 4 i 4 Southern Nigeria stock Transvaal stock ... 3J 3 1,999 14 9 38,220 0 0 16,320 0 0 Treasury bills Trinidad stock Victorian debentures Victorian stook u 4 4 4 4 4 4 f I 40,046 14 11 449,200 0 0 2,918 14 5 10,100 0 0 11,184 12 5 19,638 1 5 10,521 19 0 4 1,547 16 9 758 5 7 23,520 0 0 58,800 0 0 3 10,708 13 10 Greymouth Harbour Board debentures Westport Harbour Board 4 4 1st January, 1913 31st December, 1949.. 100,000 0 0 489,500 0 0 lew Investments — "The Aid to Public Works and Land Settlement Act, 1900," debentures .. " The Aid to Public Works and Land Settlement Act, 1901," debentures .. "The Aid to Public Works and Land Settlement Act, 1902," debentures .. " The Aid to Public Works and Land Settlement Act, 1903," debentures .. 'The Aid to Public Works and Land Settlement Aot, 1906," debentures .. The Aid to Publio Works and Land Settlement Act, 1907," debentures .. " The Government Advances to Settlers Act, 1906," debentures " The Government Advances to Workers Act, 1906," debentures " The Hutt Railway and Road Improvement Acts, 1903-1905," debentures .. " The Land for Settlements Consolidation Aot, 1900," debentures 1st May, 1909 1,846,600 0 0 4 199 0 0 4 1st Deoember, 1911 2,500 0 0 4 1st December, 1912 .. 700 0 0 4 let January, 1909 1,800 0 0 4 1st January, 1912 1,500 0 0 3J 1st January, 1922 200,000 0 0 8J 23rd October, 1912 400,000 0 0 34 1st January, 1912 185,000 0 0 Si 1st May, 1915 50,000 0 0 4 1st August, 1908 500 0 0 Carried forward 842,199 0 0 1,846,600 0 0

B.—ll.

Account of Investments of the Funds of the Post-Office Savings-Bank, &c.— continued.

Return of Investments made by the Government Life Insurance Department during the Financial Year ended 31st March, 1908.

Return of Investments made by the Government Insurance Department (Accident Branch) during the Financial Year ended 31st March, 1908. Particulars. Amount. New investments— Mortgages on property ... ... ... ... ... ... ... £13,490 J. H. Richardson, Government Insurance Department, Government Insurance Commissioner. Wellington, 11th May, 1908.

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Particulars. Due Date of Securities. Amount. Total. Brought forward ew Investments — continued. " The Land for Settlements Consolidation Act, 1900," debentures Ditto £ s. d. 842,199 0 0 £ s. d. 1,846,600 0 0 I I 4 4 4 4 4 3J 1st January, 1909 1st May, 1909 1st January, 1911 1st January, 1912 1st January, 1915 1st January, 1911 3,000 0 0 2,000 0 0 2,500 0 0 4,750 0 0 1,100 0 0 5,000 0 0 " The Local Bodies' Loans Act, 1901," debentures " The Maori Land Settlement Act, 1905," debentures " The Maori Land Settlement Act Amendment Act, 1907," debentures " The New Zealand Consols Act, 1894 " "The Keserve Fund Securities Act, 1907," debentures " The Scenery Preservation Act, 1903," debentures "The Wellington City Council debentures The Greymouth Harbour Board debentures 34 4 34 3* 1st March, 1911 1st January, 1911 1st January, 1921 1st February, 1910 185,000 0 0 100 0 0 50,000 0 0 300 0 0 1,974,949 0 0 £3,821,549 0 0 34 1st August, 1912 800,000 0 0 3* 1st May, 1911 10,000 0 0 4 31st July, 1931 49,000 0 0 4 1st January, 1912 20,000 0 0 General Post Office, Wellington, 1st May, 1908. D. Robertson, Secretary.

Particulars. $ So as a Due Date of Securities. Amount. Total. Eenewed investments— City of Wellington debentures Mortgages on property *i 31 Dec, 1932 £ 7,500 315,409 s. 0 0 a. 0 0 £ s. a. 322,909 0 0 New investments — Borough of Hawera Borough of Taihape ... Borough of Petone ... it ■ ■ ■ City of Wellington ... Mortgages on property . . 5 4* 1 April, 1919* lFeb., 1932 21 Feb., 1948 21 Feb., 1921 31 Dec, 1932 1,500 6,000 6,000 2,000 900 553,169 0 0 0 0 0 0 0 0 0 0 0 0 569,569 0 0 S892.4-78 0 0 * Repayable by i: istalments. Government Insurance Department, Wellington, 11th May, 1908. j. : 3. ElCHAEDSON, Insurance Commissioner. Government

B,^itt.

Return of Investments made by the Public Trust Office during the Financial Year ended 31st March, 1908.

Return of Investments made by the Commissioners of the Public Debts Sinking Funds during the Financial Year ended 31st March, 1908.

Return of Investments made by the Government Advances to Settlers Office during the Financial Year ended 31st March, 1908.

* Reducible to i% per oent. provided instalments are paid within fourteen days of due date. P. Heyes, Government Advances to Settlers Office, Superintendent. Wellington, Ist May, 1908.

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Particulars. <D <n «1| Due Date of Securities. Amount. Total. ienewed investment— Mortgages of real property few investments— " The Land for Settlements Consolidation Act, 1900" ... Borough of Invercargill debentures Borough of Dannevirke debentures 4 5 5 5 4+ 4* 4* t> 1 Jan., 1912 1 Oct., 1924 1 Nov., 1933 1 Jan., 1946 1 April, 1947 1 Mar., 1927 1 Feb., 1947 1 April, 1908 1 Jan., 1955 £ 94,415 700 4,000 1,000 2,000 8,000 4,000 400 600 485,235 a. d. 0 0 0 0 0 0 o o! 0 0 0 0 0 0 0 0 0 0 8 7 £ s. d. 74,571 11 11 it a Borough of Grey town Borough of Eangiora Borough of Hamilton City of Dunedin Waipukurau Town Board Mortgages of real property 600,350 8 7 £674,922 0 6 Public Trust Office. Wellington, 13th May, 1908. . W. Poynto: Pub] IN, :ic Trustee.

Particulars. °1! a 3 s. Due Date of Securities. Amount. Total. ' The Land for Settlements Consolidation Act, 1900," debentures Ditto II ' • • * ■ " • * • * • ' ,, ... ... ... t . . 4 4 4 4 1 Jan., 1912 1 Jan., 1915 1 Jan., 1915 1 Jan, 1922 £ 1,600 2,000 2,000 4,000 B. 0 0 0 0 d. 0 0 0 0 £ ,600 s. 0 d. 0 P. Pubvis W: Secretary to the Corni JBB, nissioners. Wellington, 22nd April, 1908.

Particulars, ortgages of property *5 ■ Due Date of Securities. Amount. J ; £ s. d. 1,197,416 9 11 Total. £ s. d. 1,197,416 9 11

B.—ll.

Return of Investments made by the Government Advances to Settlers Office (Workers Branch) during the Financial Year ended 31st March, 1908.

Return of Investments made by the Registrar of the New Zealand Inscribed Consols during the Financial Year ended 31st March, 1908.

Return of Investments made by the State Fire Insurance Department during the Financial Year ended 31st March, 1908.

By Authority : John Mackay, Government Printer, Wellington.—l9oB.

Price Od.]

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Particulars. 2 go Due Date of Securities. Amount. Total. Mortgages of property ... *5 £ 203,978 s. 2 a. s 2 —;203,978 s. d. 2 2 • Reducible to 4J per cent, provided instalments a paid within fou urteen days of due date. Government Advances to Settlers Office, Wellington, 1st May, 1908. P. HeYES, Superintendent.

Particulars. O m d ° <O S ■§5° Due Date • °* Securities. Amount. Total. £ s. d. S, s. a. Renewed investments — Treasury bills "The Consolidated Stock Act, 1884," Colonial issue " The Government Loans to Local Bodies' Act, 1886" " The Land for Settlements Consolidation Act, 1900 " 'ew investments — " The Land for Settlements Consolidation Act, 1900" debentures 3* H 3* 31 Dec, 1908 31 Dec, 1914 1 Sept., 1914 100,800 84,500 15,800 o o 0 0 0 0 202,400 o o 4 1 Feb., 1915 1,300 0 0 4 1 Jan., 1915 150 0 0 £202,550 0 0 loBEKT J. CO] j , , New Zeala: iLINS, id Consols. Office of the Eegistrar of New Zealand ( Wellington, 13th April, 1908. Consols, Registr;

Particulars. °1| Due Date of Securities. Amount. Total. "The Land for Settlements Consolidation Act, 1900" debentures 10,000 s. a. 0 0 £ s. d. 1 Jan., 1915 ;io,ooo o o J. W. Bkindle? Wellington, 24th April, 1908. Genera I Manager. Approximate Cost of Paper.—Preparation, not given; printing (1,600 copies), £6 18s. 6d.