INVESTMENT OF DEPARTMENTAL FUNDS (RETURN SHOWING).

Appendix to the Journals of the House of Representatives, 1912 Session II, B-11

B. -11.

Session II 1912. NEW ZEALAND.

INVESTMENT OF DEPARTMENTAL FUNDS (RETURN SHOWING).

Presented to both Houses of the General Assembly pursuant to Section 91 of the Public Revenues Act, 1910.

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Return showing the Investments of the Funds of the Post Office, Government Life Insurance, Public Trust, Commissioners of Public Debts Sinking Funds, New Zealand State-guaranteed Advances Office, New Zealand Consols, and State Fire Insurance Accounts, during the Financial Year ended 31st March, 1912.

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o c; Post Office Account. Government Life Insurance Account. > ji " fl 3 J- J3 fl CD i3T3 T3 y £■§ a New Zealand State-guaranteed Advances Office. s-sj gsaifl Fire '8 -5.9 3 | Advances to r ., Native ,2» <i Insurance Sc5"2S Advances to Advances to Lociil Land Account. SS.So Settlers Branch. Workers Branch Authorities „,f™?, Settlement £°c §° w< j I Branch. Branch. Branch . «0 S I New Zealand State-guaranteed Advances Office. Investments. Public Trust Account. rovernment securities — £ s. d. £ s. d. £ £ s. d. £ £ s. d. 1 £ s. d., £ s. d. £ £ £ £ s. d. .. 2,000 0 0 The New Zealand Consols Act, 1908 .. 4 31 .. .. 8,780 0 0 V 929,000 0 0 ■■ .'. The New Zealand State-guaranteed Advances Act, 1909, debentures The New Zealand State-guaranteed Advances Act, 1909, debentures The Government Railways Act, 1908, debentures The Government Railways Amendment Act, 1910, debentures The Government Railways Amendment Act, 1910, debentures The Hutt Railway and Road Improvement Act, 1910, debentures The Land for Settlements Consolidation Act, 1900, debentures The Land for Settlements Act, 1908, debentures The Local Bodies' Loans Act, 1908, debentures .. The New Zealand Loans Act, 1908 — The Aid to Public Works and Land Settlement Act, 1901, 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, 1906, debentures The Aid to Public Works and Land Settlement Act, 1911, debentures The Coal-mines Act, 1908 The Coal-mines Act, 1908 The Scenery Preservation Act, 1908 The Public Revenues Act, 1910, Treasury bills .. 3j 4 31 4 4 4 4 3J 503,350 0 0 I 10,000 0 0 j 10,000 0 0 ! 10,000 0 0 22,100 0 0 ] 200 0 0 50,000 0 0 16,600 ■ 1 .. 6,750 j 5,190 ! .. 16,000 0 0 3| 8,100 0 0 4 | 500 0 0 93 8,650 0 0 3i 10,000 0 0 | ' j 50,000 0 0 i 3| 10,000 0 0 10,000 0 0 5,000 0 0 ) 500,000 0 0 •• •• •• " Carried forward .. 12,130,900 0 0 8,780 0 0 16,600 I 11,940 8,000 0 0

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Return showing the Investments of the Funds of the Post Office, Government Life Insurance, Public Trust, Commissioners of Public Debts Sinking Funds, New Zealand State-guaranteed Advances Office, New Zealand Consols, and State Fire Insurance Accounts, during the Financial Year ended 31st March, 1912— continued.

Compiled from returns rendered. J. W. Poynton, Secretary to the Treasury. The Treasury, 27th June, 1912. A. 0. Gibbes, Acting Accountant to the Treasury. Examined and found correct. Eobert J. Collins, Controller and Auditor-General. 4>

Investments. CD O Post Office Account. Government Jjife Insurance Account. a a u a — ■" > C/3 r. fl op o-a a Account. 2*3 M"S '"-2 3 s 2, P 9 Advances to 9l}!2 o Settlers Branch. Advances to ' , Native Publio N m - Advances to Local a .J°\ = Land M Debt N aa Workers Branch Authorities be " 1 0 em f" ts Settlement Extinction & ° § Branch. i -Brancn. Branch. ■ Fund - £ New Zealand State-guaranteed Advances Office. I cS ,-1 co — o3~ State Fire Insurance Account. £ s. d. £ s. d. £ £ s. d. Brought forward .. .. 2,136,900 0 0 .. .. 8,780 0 0i: Government securities — -continued. The Land for Settlements Finance Act, 4J .. .. .. 151,983 10 9 1909, debentures Advances .. . . .. 3J : I 4 j) Other securities — Hawera County Council debentures 4J ! .. .. .. 1,000 0 0 Hawera County Council debentures .. 5 .. .. .. 3,000 0 0 Waiapu County Council debentures .. 4J .. .. .. 15,000 0 0 Nelson City Council debentures . .. 4J .. .. .. 1,000 0 0 Borough of Dannevirke debentures 4-J .. .. .. 8,000 0 0 Borough of Foxton debentures .. 4f .. .. .. 2,800 0 0 Borough of Kaiapoi debentures .. 4J .. 3,500 0 0.. Borough of Timaru debentures .. 4 4,000 0 0: Borough of Wanganui East debentures 5 .. .. .. 2,300 0 0 Town Board of Upper Hutt debentures 5 .. .. .. 1,100 0 0 Greymouth Harbour Board debentures i 4 20,000 0 0 Wellington Harbour Board debentures j 4 8,000 0 0 Wanganui leasehold property.. .. .. .. 305 0 0].. Mortgages .. .. .. .... .. 371,522 0 0110,810 :1,409,527 4 10 Fixed deposits .. .. .. I .. .. .. 662 7 1 £ 16,600 £ s. d. 2,174,085 0 0 £ s. d.j £ s. d. i861,085 0 0 10,650 0 0 .. .. .. .. .. £ £ 93,000 ' 200,000 393,850 54,500 121,500 £ ; .. £ £ 11,940 i i £ s. d. 8,000 0 0 . ■ .. .. . . .. .. .. 543,840 0 0 j .. i I 5,000 61,410 Totals .. .. .'. .. 2,168,900 0 0 375,327 0 0 10,810 1,605,153 2 8 16,600 i 16,600 2,174,085 0 0 2,174,085 0 0 543,840 0 OJ 871,735 0 0 608,350 254,500 ! 5,000 61,410 111,940 8,000 0

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Return of Investments of the Funds of the Post-Office Savings-Bank during the Financial Year ended 31st March, 1912.

General Post Office, W. R. Morris, Wellington, 17th April, 1912. Assistant Secretary.

Particulars. o a £u j Due Date of Securities. Amount. Total. xSti _!_ Total. Renewed investments— The Aid to Public Works and Land Settlement Act, 1901 The Aid. to Public Works and Land Settlement Act, 1.906 The Consolidated Stock Act, 1884 The Greymouth Harbour Board debentures . . The Hutt Railway and Road Improvement Act, 1903 and 1905" The New Zealand State-guaranteed Advances Acts,1909-1910( Ad varices to Workers Branch) The New Zealand State-guaranteed Advances Acts, 1909-1910 (Land for Settlements Branch) The Public Revenues Act, 1910 — Treasury bills ... The Scenery Preservation Act, 1908.. The State Fire Insurance Act, 1908 £ s. d. ! £ s. 31 . 1st December, 1918 2,500 0 0 £ s. d. 3J 1st January, 1919 .. 51,750 0 0 3| 1st February, 1919 194,200 0 0 4 14th July, 1952 .. 100,000 0 0 34 : 1st May, 1918 .. 100,000 0 0 3J 1st January, 1919 .. 205,000 0 0 3| 1st January, 1919 .. 4,850 0 0 3| 31st December, 1912 200,000 0 0 3-1 1st May. 1918 .. 30,000 0 0! 3| 1st May, 1918 .. 2,000 0 0 890,300 0 890,300 0 0 New investments— • The New Zealand Loans Act, 1908— The Aid to Public Works and Land Settlement Act, 1901 The Aid to Public Works and Land Settlement Act, 1903 The Aid to Public Works and Land Settlement Act, 1906 The Aid to Public Works and Land Settlement Act, 1906 The Aid to Public Works and Land Settlement Act, 1911 The Coal-mines Act, 1908 The Coal-mines Act, 1908 The Government Railways Act, 1908 The Government Railways Amendment Act, 1910 The Greymouth Harbour Board debentures .. The Hutt Railway and Road Improvement Act, 1910 The Land for Settlements Act, 1908. . The Land for Settlements Consolidation Act, 1900 The Land for Settlements Consolidation Act. 1900 The Land for Settlements Consolidation Act, 1900 The Land for Settlements Consolidation Act, 1900 The Local Bodies' Loans Act, 1908 The New Zealand State-guaranteed Advances Act, 1909 (Land for Settlements Branch) The New Zealand State-guaranteed Advances Act, 1909 (Advances to Workers Branch) The New Zealand State-guaranteed Advances Act, 1909 (Advances to Workers Branch) The New Zealand State-guaranteed Advances Act, 1909 (Guaranteed Mining Advanccs Br'ch) The New Zealand State-guaranteed Advances . Act, 1909 (Land for Settlements Branch) The New Zealand State-guaranteed Advances Act, 1909 (Local Authorities Branch) The New Zealand State-guaranteed Advances Act, 1909 (Native Land Settlements Branch) The New Zealand State-guaranteed Advances Act, 1909 (Local Authorities Branch) The New Zealand State-guaranteed Advances Act, 1909 (Local Authorities Branch) The New Zealand State-guaranteed Advances Act, 1909 (Native Land Settlements Branch) The. New Zealand State-guaranteed Advances Acts, 1909-1910 (Land for Settlements Branch) The New Zealand State-guaranteed Advances Acts, 1909-1910(Landfor Settlements Branch) The" New Zealand State-guaranteed Advances Acts, 1909-1910(LandforSettlements Branch) The New Zealand State-guaranteed Advances Acts, 1909-1910 (Land for Settlements Branch) The New Zealand State-guaranteed Advances Acts, 1909-1910(Landfor Settlements Branch) The Public Revenues Act, 1910 — Treasury bills ... .. ... . The Scenery Preservation Act, 1908.. .. ! Timaru Borough Council debentures Wellington Harbour Board debentures 3j 1st December, 1918 8,100 0 0 4 1st February, 1924 500 0 0 3| 1st January, 1919 .. 8,650 0 0 3| 1st January, 1919 .. 10,000 0 0 :; : { 25th March, 1.913 :. 50,000 0 0i 4 34 1st April, .1918 .. I 10,000 0 0 3j 1st April, 1919 .. ! 10,000 0 0 4 30th June, 1915 .. 10,000 0 0 34 1st January, 1918 .. 10,000 0 0 4 14th July, 1952 .. 20,000 0 0 4 1st May, 1915 .. 10,000 0 0 4 1st August. 1915 . . i 200 0 0 4 1st January, 1912 .. 100 0 0 4 1st February, 1915 700 0 0 4 1st January, 1915 .. 800 0 0 4 1st January, 1922 . . ' 20,500 0 0 34 1st June, 1918 .. 50,000 0 0 3i 1st October, 1948 .. 25,000 0 0 34 1st October, 1948 .. 325,000 0 0 3| 1st April, 1949 .. 100,000 0 0 3J 1st April, 1949 .. 5,000 0 0 3| 1st April, 1949 .. 300,000 0 0 34 1st April, 1948 .. 112,000 0 0 34 1st October, 1948 ..200,000 0 0 34 1st April, 1949 .. 100,000 0 0 3| 1st April, 1949 .. 10,000 0 0 35 1st April, 1949 .. 54,500 0 0 3i 1st October, 1918 .. 99,000 0 0 34 1st November, 1918 j 8,000 0 0 34 1st January, 1919 . . 60,000 0 0 3| 1st January, 1919 .. 12,350 0 0 3| 1st February, 1919 21,500 0 0 34 31st December, 1911 500,000 0 0 3f ' 1st May, 1919 .. 5,000 0 0 4 ! 30th June, 1947 .. 4,000 0 0 4 ! 28th August, 1946 .. 8,000 0 0 2,168,900 0 £3,059,200 0

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Return of Investments made by the Government Life Insurance Department (Life Branch) during the Financial Year ended 31st March, 1912.

Government Insurance Department, J. H. Richardson, Wellington, 2nd May, 1912. Government Insurance Commissioner. Return of Investments made by the Government Insurance Department (Accident Branch) during the Financial Year ended 31st March, 1912. Particulars. j Amount. Renewed investments — £ Mortgages on property .. .. .. . . .. .. . . .. 4,515 New investments — Mortgages on property .. .. .. .. .. .. .. .. • IOj.810 £15,325 Government Insurance Department, J. H. Richardson, Wellington, 2nd May, 1912. Government Insurance Commissioner.

Return of Investments made by the Public Trust Office during the Financial Year ended 31st March, 1912.

Public Trust Office, Fred. Fitchett, Wellington, 17th May, 1912. Public Trustee.

Particulars. ;enewed investments — Mortgages on property r ew investments— Wanganui leasehold property Kaiapoi Borough Mortgages on property Particulars. c M •" ■*» -2 o » S CD cl) 44 O'J ej« u H M & I o » S CD cl) U 44 44 ' rf 0 3 H m o, i 4-1 Due Date of Amount. Total. Securities. £ s. d. £ s. d. 477,760 0 0 __ „ . j 477,760 0 0 305 0 0 I 27 Jan., 1942 ; 3,500 0 0 : 371,522 0 0 Due Date of Securities. j 1 375,327 0 0 £853,087 0 0

o g fl Due Date Particulars. S So of Amount. r§ "c g I Securities. Total. Renewed investments — £ s. d. Mortgages .. .. .. i .. .. 75,045 0 0 The Land for Settlements Act, 1908, 4 .. 50,000 0 0 and the New Zealand State-guaran-teed Advances Acts, 1909-1910 ' 'ew investments — New Zealand Consols Act, 1908 .. i 4 1 Feb., 1925 i 8,780 0 0 Land Settlement Finance Act, 1909— Chastleton Association .. .. 4| . 18 Oct., 1932 10,885 4 4 Dunlop „ .. .. 4 n Dec-. 1932 i 5,967 2 9 Glengarifi „ .. .. 4 4 Sept., 1932 15,237 0 0 Gleniffer „ .. .. 4 1 Se pt., 1932 10,277 5 8 Hikutaia „ .. .. 4 8 June > 1932 8,493 5 7 Martha „ .. .. 4J 11 Sept., 1932 ' 10,245 0 5 Melrose „ .. .. 4f 4 July, 1932 ; 6,466 4 9 Melville Downs „ .. 4 3 0ct -> 1932 12,279 15 0 Mimosa Downs „ .. .. 4| 20 Oct., 1932 8,582 4 9 Pukekawa „ .. .". 4J 21 Nov., 1932 ' 4,840 0 0 Waipa „ .. .. 4§ 23 Aug., 1932 11,186 0 0 Waitangi „ .. .. i\ j 20 Nov., 1932 9,637 5 0 Waitohi Downs „ .. .. : 4J ' 26 April, 1932 12,636 0 0 Walton „ .. .. j 4J 27 Nov., 1932 13,003 9 0 Wentnor „ .. . -. I 4 1° 0ot -> 1932 12,247 13 6 Hawera County Council .. . . 4f 15 May, 1938 1,000 0 0 Hawera „ .. ..5 1 July, 1941 ! 3,000 0 0 Waiapu „ .. .. 4| 1 Oct., 1951 15,000 0 0 Nelson City Council .. .. 4§ 1 Dec, 1925 1,000 0 0 Dannevirke Borough Council .. 4§ 1 June, 1952 8,000 0 0 Foxton „ .. 4-| 1 June, 1932 2,800 0 0 Wanganui East „ .. .. 5 1 July, 1932 2,300 0 0 Upper Hutt Town Board . . 5 1 Jan., 1952 1,100 0 0 Mortgages .. ..-..'.. .. 1,409,527 4 10 Fixed deposits .. . . .... .. 662 7 1 £ 125,045 s. d. 0 0 i £. 1,605,153 2 8 1,605,153 1,730,198 2 8 2 8 £1,730,198 2 8

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Return of Investments made by the Commissioners of the Public Debts Sinking Funds during the Financial Year ended 31st March, 1912.

P. Purvis Webb, Wellington, 15th April, 1912. Secretary to the Commissioners.

Return of Investments made by the New Zealand State-guaranteed Advances Office during the Financial Year ended 31st March, 1912. Advances to Settlers Branch.

Advances to Workers Branch.

Advances to Local Authorities Branch.

Particulars. Renewed investments— Debentures under — The New Zealand State-guaranteed Advances Acts, 1909-1.910 uj 43 -*a ; i O m d w oj g , [ 4 Due Date of Securities. J Jan., 1919 Amount. £ s. d. Total. £ 5,200 s. d. 0 0 New Investments— Debentures under— The Government Railways Amendment Act, 1910 The Government Railways Amendment Act, 1910 4 4 1 Jan., 1918 1 Jan., 1919 8,200 0 0 8,4.00 0 0 16,600 0 0 — •— £21,800 £21,800 0 0 j I

Particulars. ew investmentsMortgages of property o » a 4= fflO ; P5 £ » , .. j *5 Due Date of Securities. Amount. ! £ s. d. [2,174,085 0 0 Total. £ s. d. 2,174,085 0 0 _JL __ j

Particulars. CD M J?. 43 CD '—' Due Date of Securities. ue o !0U1 Dal Df iritit i.te ies. ;. Amour Amount. ut. Total. ew investmentsMortgages of property .. j *5 '£ 543,840 I S. d. 0 0 £ s. d. 543,840 0 0

o g g Due Date Particulars. 2 So of Amount. • £ "3 £ Securities. I Total. ew investments — £ s. d. Advances to local authorities .. 3| .. 789,835 0 0 Advances to local authorities .. I 3f .. 050 0 0 Advances to Hauraki Plains Settlement 3J .. 10,000 0 0 Account Advances to Hauraki Plains Settlement 3f .. 10,000 0 0 Account Advances to Opening up Lands for 3| .-. 61,250 0 0 Settlement Account J 1 ___] * Reduoible to 44 per cent, provided instalments are paid within fourteen days of di £ s. d. 871,735 0 0 ie date.

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Return of Investments made by the New Zealand State-guaranteed Advances Office during the Financial Year ended 31st March, 1912 — continued. Land for Settlements Branch.

Native Land Settlement Branch.

Guaranteed Mining Advances Branch.

Public Debt Extinction Fund.

J. W. POYNTON, New Zealand State-guaranteed Advances Office, Superintendent. Wellington, 10th May, 1911.

Particulars. .8 So few investments — Advances to Land for Settlements Ac- 3| count Advances to] Land for Settlement Ac- j 3f count ! - Advances to Land for Settlement Ac- 4 count Due Date of Securities. Amount. £ s. d. 93,000 0 0 393,850 0 0 121,500 0 0 Total. £ 8. d. 608,350 0 0

Particulars. CD (D 4.0U Due Date of Securities. Amount. t Total. iew investmentsAdvances to Native Land Settlement Account Advances to Native Land Settlement Account 34 3| I £ s. d. 200,000 0 0 54,500 0 0 : j £ 254,500 s. d. 0 0

Particulars. ■H43 4B O CO £2 2 So * 15 k Due Date of Securities. Amount. Total. [ ew investment — Mortgages of property .. H £ s. ( 5,000 0 i £ 5,000 s. d. 0 0 d. 0 £ 5,000 £ s. d. 5,000 0 0 i \_ I 1

Particulars. «*-4 -*3 ■« ■ o s d Due Date of Securities. Amount. Total. IS tfew investments — Mortgages of property .. .. 5* * Reducible to 4J per cent, provided instal £ 61,410 s. d. 0 0 £ 61,410 s. d. 0 0 lents are paid within fourteen days of d ue date.

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Return of Investments made by the Registrar of the New Zealand Inscribed Consols during the Financial Year ended 31st March, 1912.

J. W. POYNTON, Office of the Registrar of New Zealand Consols, Registrar, New Zealand Consols. Wellington, 17th May, 1912.

Return of Investments made by the State Fire Insurance Department during the Financial Year ended 31st March, 1912.

C. R. C. Robieson, Wellington, 15th April, 1912. General Manager. Approximate Cost of Paper. —Preparation, not given ; printing (1,600 copies), £8.

By Authority : John Mackay, Government Printer. Wellington. -1912.

Price 6d.]

-.J*,.o g g Due Date Particulars. S S O of J c S Securities. H n Amount. Total. ;enewed investments— The Land for Settlements Act, 1908, 4 1 Jan., 1919 and the New Zealand State-guaran-teed Advances Act, 1910 The Aid to Public Works arid Land 4 1 Jan., 1919 Settlement Act, 1906 £ s. d. 50 0 0 600 0 0 £ s. d. £ I | "ew investments — The Government Railways Amendment 4 1 Jan., 1918 Act, 1910 The Government Railways Amendment 4 1 Jan., 1919 Act, 1910 The Hutt Railway and Road Improve- 4 30 June, 1918 ment Acts, 1907 and 1910 6,390 0 0 360 0 0 5,190 0 0 650 0 0 1 Jan., 1918 6,390 0 0 1 Jan., 1919 360 0 0 11,940 0 0 30 June, 1918 5,190 0 0 £12,590 0 0

<H -P ■» i o «3 d © £ i Particulars. S go | B5 fl S I M &, 'ew Investments — The New Zealand Consols Act, 1908 .. 3J The Land for Settlements Act, 1908 .. 4 The Land for Settlements Act, 1908 .. 4 Due Date of Securities. 1 Feb., 1925 1 Feb., 1915 j 1 Jan., 1922 Amount. £ s. d. 2,000 0 0 3,000 0 0 3,000 0 0 Total. £ 8,000 s. d. 0 0 : £8,000 0 0