SINKING FUNDS.

Appendix to the Journals of the House of Representatives, 1915 Session I, B-08

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1915. NEW ZEALAND.

SINKING FUNDS.

REPORTS AND ACCOUNTS OF THE COMMISSIONERS OF THE PUBLIC DEBTS SINKING FUNDS FOR THE YEAR ENDED 31st MARCH, 1915.

Presented to both Houses of the General Assembly in compliance with the 51st Section of the. New Zealand Loans Act, 1908.

EEPOET. Government Buildings, 12th July, 1915. The Commissioners of the Public Debts Sinking Funds have the honour to lay before Parliament the account of their transactions for the year ended 31st March last. Nothing in the proceedings of the year has occurred calling for special remark by the Commissioners. E. «I. Collins, Controller and Auditor-General.

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2

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS

RECEIPTS. RECEIPTS. £ s. d. £ s. d. Balance, 1st Apbil, 1914 :— Cash at bank uninvested on all accounts Canterbury Loan Ordinance, 1862 :— Contribution to Sinking Fund for one year to 31 December, 1914 Debentures matured as per oontra Interest on Investments, — On £1,030, Waverley Town Board 5-per-cent. Debentures, to 1 Octobor, 1914 „ £1,000, Immigration and Public Works Loan 4J-per-cent. Debentures, one year to 15 October, 1914 „ £1,900, Land for Settlements 4-per-cent. Debentures, one year to 1 November, 1914 „ £200, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1914 „ £340, Appropriation Act, 1912, 4-per-oent. Debentures, one year to 1 November, 1914 .. „ £990, Borough of Brunner 6-per-cent. Debentures, eighteen months to 9 November, 1914 „ £3,470, General Purposos Loan 5-per-cent. Debentures, period to 28 November, 1914 „ £360, Aid to Public Works and Land Settlement (1902) 4-por-cent. Debentures, one year to 1 December, 1914 .. „ £320, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 Deoember, 1914 „ £1,910, Consolidated Stock (1884) 3J-per-cent. Debentures, ten months to 31 December, 1914 .. „ £700, Defence and other Purposes Loan 4-per-cent. Debentures, one year to 1 January, 1915 „ £1,150, Aid to Public Works and Land Settlement (1903) 4-per-cent. Debentures, ono year to 1 January, 1915 „ £1,730, Land for Settlements 4-per-cent. Debentures, one year to 1 January, 1915 „ £1,385, New Zealand State-guaranteed Advances 4-per-oent. Debentures, one year to 1 January, 1915 „ £70, Land Laws Amendment 4-per-cent. Debentures, one year to 1 January, 1915 „ £660, Westport Harbour Board 4-per-cent. Debentures, one year to 1 January, 1915 „ £60, County of Tauranga 5-per-oent. Debentures, one year to 1 January, 1915 „ £510, Government Railways Amendment Act 4-per-cent. Debentures, one year to 1 January, 1915 „ £200, Government Railways Amendment Aot (1910) 4-per-cent. Debentures, one year to 1 January, 1915 „ £760, Government Railways Amendment Act 4-per-cent. Debentures, one year to 1 January, 1915 „ £595 New Zealand 4-per-cent. Consols one year to 1 February, 1915 „ £2,806, Land for Settlements 4-per-cont. Debentures, one year to 1 February, 1915 .. „ £400, New Zealand State-guaranteed Advances 4-per-cent. Debentures, one year to 1 February, 1915 „ £530, Palmerston North Borough 4J-per-oent. Debentures, one year to 1 February, 1915 .. „ £260, Government Railways Amendment Act 4-per-cent. Debentures, one year to 1 February, 1915 „ £320, Hutt Railway and Road 4-per-cent. Debentures, one year to 1 February, 1915 „ £1,700 Hauraki Plains Amendment Act 4-per-oent. Debentures, to 1 February, 1915 „ £400, Government Loans to Local Bodies 3J-per-oent. Debentures, six months to 1 September, 1914 .. „ £80, N Patea Borough 4J-per-cent. Debentures, eighteen months to 1 March, 1915 151 0 0 6,295 0 0 39 11 7 45 0 0 76 0 0 10 0 0 13 12 0 89 2 0 179 13 7 1.1 8 0 16 0 0 55 14 2 28 0 0 46 0 0 69 4 0 4,942 19 4 55 8 0 2 16 0 26 8 0 3 0 0 20 8 0 8 0 0 30 8 0 23 16 0 112 4 10 16 0 0 23 17 0 10 8 0 12 16 0 17 17 8 7 0 0 5 8 0 Westport Harbour Board :— Loan of £150,000,— Debentures matured as per contra Contribution to Sinking Fund for one year to 1 March, 1915 Interest on Investments — On £3,400, Irrigation and Water-supply 4-per-cent. Debentures, period to 1 October, 1915 „ £3,250 Waverley Town Board 5-per-cent. Debentures, period to 1 Ootober, 1915 „ £600, Immigration and Public Works Loan 4J-per-cent. Debentures, one year to 15 October, 1914 „ £4,200, Land for Settlements 4-per-cent. Debentures, one year to 1 November, 1914 , £1,800, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1914 „ £430, Borough of Brunner 6-per-cent. Debentures, eighteen months to 9 November, 1914 .. „ £3,290, General Purposes Loan 5-per-cent. Debentures, period to 28 November, 1914 „ £1,600, Aid to Public Work3 and Land Settlement (1902) 4-per-oent. Debentures, one year to 1 December, 1914 7,504 0 10 10,372 0 0 1,500 0 0 81 8 1 70 17 2 27 0 0 108 0 0 90 0 0 38 14 0 170 7 2 64 0 0 Carried forward 12,582 6 5 12,447 0 2

3

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For the Year ended 31st March, 1915.

DISBURSEMENTS. £ s. d. £ s. d Canterbury Loan Ordinance, 1862 :— Investments, — 28 October, 1914. Hauraki Plains Amendment Act (1913) 4-por-cent. Debentures, due 1 February, 1919 1 September, 1913. Patea Borough, 4.J-per-cent. Debentures, due 1 September, 1953 28 November, 1914. General Purposes Loan Aot (1873) 4-per-cent. Debentures, duo 28 November, 1919.. 1 January, 1915. Land Laws Amendment Aot (1913) 4-per-oent. Detures, due 1 January, 1920 1 February, 1915. Land Laws Amendment Act (1913) 4-per-cent. Debentures, duo 1 February, 1920 1,700 0 0 80 0 0 2,800 0 0 70 0 0 245 0 0 Debentures matured 2 January, 1915, paid off by High Commissioner in London 31 December, 1914 —Amount refunded Treasury, 25 February, 1915 4,895 0 0 2,900 0 0 7,795 0 0 Debentures matured, — £ s. d. Patea Borough, 1 September, 1913 .. .. 420 0 0 Government Loans to Local Bodies Aot, 1 September, 1914 400 0 0 General Purposes Loan, 28 November, 1914 .. 3,470 0 0 Land for Settlements, 1 January, 1915 .. 70 0 0 Land for Settlements, Consols, 1 February, 1915.. 1,935 0 0 £6,295 0 0 estport Harbour Board:— Loan of £150,000,— Investments — 22 April, 1914. Waverley Town Board Debentures at 5 per cent., due 1 April, 1955 16 July, 1914. Irrigation and Water-supply Act (1913) 4-per-cent. Debentures, due 1 October, 1919 .. 5 August, 1914. Waverley Town Board Debentures at 5 per oont., due 1 April, 1955 20 October, 1914. Waverley Town Board Debentures at 5 per oent., due 1 April, 1955 1 September, 1914. Local Bodies' Loans Aot (1908) 4-per-oent. Debentures, due 1 September, 1919 28 November, 1914. General Purposes Loan Aot (1873) 4-per-cent. Debentures, due 28 November, 1919 1 January, 1915. Land Laws Amendment Act (1913) 4-per-cent. Debentures, due 1 January, 1920 1 February, 1915. Land Laws Amendment Act (1913) 4-per-cent. Debentures, due 1 February, 1920 6 March, 1915. Kauri-gum Industry Amendment Act (1914) 4-per-oent. Debentures, due 1 November, 1919 390 0 0 1,400 0 0 1,500 0 0 150 0 0 2,000 0 0 3,600 0 0 1,100 0 0 5,500 0 0 800 0 0 16,440 0 0 Carried forward 24,235 0 0

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4

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS

RECEIPTS. £ s. d. £ s. d. Brought forward 12,582 6 5 12,447 0 2 Westport Harbour Boabd— continued. Loan of £150,000 — continued. Interest on Investments— continued. On £1,090, Waimakariri-Ashley Water-supply Board 5-per-cont. Debentures, one year to 1 December, 1914 „ £700, Defence and other Purposes Loan 4-per-cent. Debentures, one year to 1 January, 1915 „ £5,130, Aid to Public Works and Land Settlement (1903) 4-per-ocnt. Debentures, one year to 1 January, 1915 „ £1,000, Hutt Railway and Road Improvement 4-per-cent. Debentures, one year to 1 January, 1915 „ £11,630, Land for Settlements 4-per-cont. Debentures, one year to 1 January, 1915 „ £2,220, New Zealand State-guaranteed Advances 4-per-cent. Debentures, one year to 1 January, 1915 „ £6,760, Wostport Harbour Board 4-per-cent. Debentures, one year to 1 January, 1915 „ £530, Palmerston North Borough 5-per-cent. Debentures, one year to 20 January, 1915 .. „ £1,100, County of Tauranga 5-per-cent. Debentures, one year to 1 January, 1915 „ £2,140, Government Railways Amendment Act 4-per-cent. Debentures, one year to 1 January, 1915 „ £4,355, Government Railways Amendment Aot 4-per-oent. Debentures, one year to 1 January, 1915 „ £1,600, Government Railways Amendment Aot 4-per-cent. Debentures, one year to 1 January, 1915 „ £6,822, Land for Settlements 4-per-cent. Debentures, one year to 1 February, 1915 „ £1,320, New Zealand State-guaranteed Advances 4-per-cent. Debentures, one year to 1 February, 1915 „ £3,230, New Zealand 4 per cent. Consols, one year to 1 February, 1915 „ £690, Palmerston North Borough 4J-per-oent. Debentures, one year to 1 February, 1915 .. „ £1,350, Government Railways Amendment Aot 4-per-oent. Debentures, one year to 1 February, 1915 „ £830, Hutt Railway and Road 4-per-oent. Debentures, one year to 1 February, 1915 „ £8,800, Consolidated Stook (1884) 3J-per-cent. Debentures, period to 31 December, 1914 „ £1,600, Government Loans to Local Bodies 3J-per-cent. Debentures, six months to 1 September, 1914.. „ £2,000, Loans Local Bodies 4-per-cent. Debentures, six months to 1 March, 1915 „ £2,400, Patea Borough 4J-per-cent. Debentures, eighteen months to 1 March, 1915 „ £1,200, Lands Improvement 4-per-cent. Debentures, eighteen months to 30 March, 1915 „ £870, Appropriation Aot, 1912, 4-per-cent. Debentures, one month to 1 November, 1914 .. „ Daily balances 54 10 0 28 0 0 205 4 0 40 0 0 465 4 0 88 16 0 270 8 0 26 10 0 55 0 0 85 12 0 174 4 0 04 0 0 272 17 8 52 10 0 129 4 0 31 1 0 54 0 0 33 4 0 256 13 4 28 0 0 40 0 0 162 0 0 72 0 0 34 16 0 110 15,307 7 5 Westport Harbour Board :— Loan of £200,000,— Contribution to Sinking Fund for one year to 1 March, 1915 Interest on Investments — On £1,400, Irrigation and Water-supply Act 4-per-cent. Debentures, period to 1 October, 1914 „ £1,000, Waverley Town Board Debentures 5-per-cent. to 1 October, 1914 .. „ £1,040, Appropriation Act (1912) 4-per-cent. Debentures, one year to 1 November, 1914 .. „ £1,000, Land for Settlements 4-per-cent. Debentures, one year to 1 January, 1915 „ £1,080, Government Railways Amendment Act 4-per-cent. Debentures, one year to 1 January, 1915 „ £2,215, Government Railways Amendment Act 4-per-cent. Debentures, one year to 1 January, 1915 „ £100, Government Railways Amendment Act 4-per-oent. Debentures, one year to 1 January, 1915 „ £50, Government Railways Amendment Aot 4-per-oent. Debentures, one year to 1 February, 1915 „ £1,000, Hutt Railway and Road 4-per-oent. Debentures, one year to 1 February, 1915 „ £2,045, New Zealand 4-per-cent. Consols, one year to 1 February, 1915 „ £500, Hauraki Plains Amendment Aot 4-por-cent. Debentures, to 1 February, 1915 .. ... „ Daily balanoes .. .. 2,000 0 0 38 3 4 26 17 11 41 12 0 40 0 0 43 4 0 88 12 0 4 0 0 2 0 0 40 0 0 81 16 0 5 5 3 1 14 0 2,413 4 6 Carried forward 30,167 12 1

5

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For the Year ended 31st March, 1915.

DISBURSEMENTS. £ s. d. £ s. d Brought forward 24,235 0 Westport Habbour Board— continued. — Debentures matured, — £ s. d. 1 September. Government Loans to Local Bodies Act 1,600 0 0 28 November. General Purposes Loan .. 3,290 0 0 1 January. Land for Settlements Act .. 1,100 0 0 1 February. Land for Settlements Aot .. 4,382 0 0 I i I £10,372 0 0 l Westport Harbour Board :— Loan of £200,000,— Investments — 22 April, 1914. Waverley Town Board 5-per-cent. Debentures, due 1 April, 1955 16 July, 1914. Irrigation and Water-supply Aot (1913) 4-per-cent. Debentures, due 1 October, 1919 20 Ootober, 1914. Waverley Town Board 5-per-cent. Debentures, due 1 April, 1955 28 October, 1914. Hauraki Plains Amendment Act (1913) 4-per-cent. Debentures, due 1 February, 1919 6 March, 1915. Kauri-gum Industry Amendment Aot (1914) 4-per-cent. Debentures, due 1 November, 1919 520 0 0 400 0 0 600 0 0 500 0 0 1,200 0 0 3,220 0 Carried forward 27,455 0 0 l_

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6

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS

RECEIPTS. £ s. d. £ s. d. Brought forward .. 30,167 12 1 Westport Harbour Board : — Loan of £500,000,— Contribution to Sinking Fund for one year to 1 March, 1915 Interest on Investments— On £2,910, Irrigation and Wator-supply Aot 4-per-cent. Debentures, to 1 October, 1914 „ £5,000, Waverley Town Board 5-per-cent. Debentures, to 1 October, 1914 .. ' „ £2,520, Appropriation Act (1912) 4-per-cent. Debentures, one year to 1 November, 1914 .. „ £5,320, Land for Settlements 4-per-cent. Debentures, one year to 1 January, 1915 „ £2,500, Hutt Railway and Road Improvement 4-per-cent. Debentures, one year to 1 January, 1915 „ £2,600, Aid to Public Works and Land Settlement (1903) 4-per-cent. Debentures, one year to 1 January, 1915 „ £2,860, Government Railways Amendment Act 4-por-cent. Debentures, one year to 1 January, 1915 „ £5,865, Government Railways Amendment Act 4 per-cent. Debentures, one year to 1 January, 1915 „ £300, Government Railways Amendment Act 4-percent. Debentures, one year to 1 February, 1915 „ £2,550, Hutt Railway and Road 4-per-cent. Debentures, one year to 1 February, 1915 ' .. „ £5,200, New Zealand 4-per-cent. Consols, one year to 1 February, 1915 „ £500, Government Railways Amendment Act (1910) 4-per-cent. Debentures, one year to 1 January, 1915 „ £1,600, Hauraki Plains Amendment Act 4-per-cent. Debentures, to 1 February, 1915 .. „ Daily balances 5,000 0 0 26 16 1 199 15 6 1.00 16 0 212 16 0 100 0 0 104 0 0 114 8 0 234 12 0 12 0 0 102 0 0 208 0 0 20 0 0 16 16 8 2 5 7 •REYMOUTH HARBOUR BOARD :— Contribution to Sinking Fund for one year to 1 March, 1915 Debentures matured and renewed as per contra Interest on Investments, — On £2,200 Irrigation and Wator-supply 4-per-ccnt. Debentures, neriod to 1 Ootober, 1914 „ £1,070 Waverley Town Board 5-per-cent. Debentures, period to 1 October, 1914 „ £500, Immigration and Public Works Loan 4J-per-cent. Debentures, one year to 15 Ootober, 1914 „ £2,760, Land for Settlements 4-per-cent. Debentures, one year to 1 November, 1914 „ £1,300, Borough of Tauranga 5-per-cent. Debentures, ono year to 1 November, 1914 „ £60, Appropriation Act (1912) 4-per-cent. Debentures, one year to 1 November, 1914 „ £40, Borough of Brunner 6-per-cent. Debentures, eighteen months to 9 November, 1914 „ £2,830, General Purposes Loan 5-per-cent. Debentures, period to 28 November, 1914 .. „ £930, Aid to Publio Works and Land Settlement (1902) 4-per-oent. Debentures, one year to 1 Deoember, 1914 .. „ £700, Waimakariri-Ashley Wator-supply Board 5-per-cent. Debentures, one year to 1 Deoember, 1914 „ £500, Defonce and other Purposes Loan 4-per-cent. Debentures, one year to 1 January, 1915 „ £3,350, Aid to Public Works and Land Settlement (1903), 4-per-cent. Debentures, one year to 1 January, 1915 „ £7,665, Land for Settlements 4-per-cent. Debentures, one year to 1 January, 1915 „ £1,390 New Zealand State-guaranteed Advances 4-per-cent. Debentures one year to 1 January, 1915 „ £500, Hutt Railway and Road Improvement 4-per-cent. Debentures, one year to 1 January, 1915 „ £2,960, Westport Harbour Board 4-per-cent. Debentures, one year to 1 January, 1915 „ £700, County of Tauranga 5-per-cent. Debentures, one year to 1 January, 1915 , £1,440, Government Railways Amendment Act 4-per-cent. Debentures, one year to 1 January, 1915 „ £2,890, Government Railways Amendment Act 4-per-cent. Debentures, one year to 1 January, 1915 , £1,600 Government Railways Amendment Aot 4-per-cent. Debentures, one year to 1 January, 1915 „ £440, Palmerston North Borough 5-per-cent. Debentures, one year to 20 January, 1915 .. „ £920, Government Railways Amendment Aot 4-per-cent. Debentures, one year to 1 February, 1915 6,454 5 10 1,000 0 0 9,818 0 0 60 14 8 25 10 4 22 10 0 110 8 0 65 0 0 2 8 0 3 12 0 146 10 10 37 4 0 35 0 0 20 0 0 134 0 0 306 12 0 55 12 0 20 0 0 118 8 0 35 0 0 57 12 0 115 12 0 64 0 0 22 0 0 36 16 0 Carried forward 12,312 9 10 36,621 17 11

7

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For the Year ended 31st March, 1915.

I DISBURSEMENTS. £ s. d. £ s. d. Brought forward .. .. .. .. .. | 27,455 0 0 Westport Harbour Board :— Loan of £500,000 — Investments— 22 April, 1914. Wavorley Town Board 5-per-cent. Debentures, due 1 April, 1955 .. .. .. .. 16 July, 1914. Irrigation and Water-supply Act (1913) 4-per-cent. Debentures, due 1 October, 1919 5 August, 1914. Waverley Town Board 5-per-cent. Debentures, due 1 April, 1955 .. .. .. .. ... 28 Ootober, 1914. Hauraki Plains Amendment Act (1913) 4-per-cent. Debentures, due 1 February, 1919 6 March, 1915. Kauri-gum Industry Amendment Act (19.14) 4-per-cent. Debentures, due 1 November, 1919 90 0 0 1,200 0 0 1,500 0 0 1,600 0 0 3,000 0 0 7,390 0 0 Greymouth Harbour Board :— Investments, — 1 September, 1913. Patea Borough 4J-per-oent. Debentures, due 1 September, 1953 .. .. 5 May, 1914. Waverley Town Board 5-per-cent. Debentures, due 1 April, 1955 .. .. 16 July, 1914. Irrigation and Water-supply 4-per-oent. Debentures, due 1 Ootober, 1919 1 September, 1914. Local Bodies' Loans Act 4-per-cent. Debentures, due 1 October, 1919 20 October, 1914. Waverley Town Board 5-per-cent. Debenture?, due 1 April, 1955 28 Ootober, 1914. Hauraki Plains Amendment Aot (1913) 4-per-cent. Debentures, due 1 February, 1919 28 November, 1914. General Purposes Loan 4 percent. Debentures, due 28 November, 1919 1 January, 1915. Land Laws Amendment 4-per-cent. Debentures, due 1 January, 1920 1 February, 1915. Land Laws Amendment 4-per cent. Debentures, due 1 February, 1.920 .. .. .. .. 2,400 0 0 800 0 0 000 0 0 1,000 0 0 930 0 0 200 0 0 3,100 0 0 800 0 0 3,700 0 0 Debentures matured, — £ s. d. Patea Borough, September, 1913 .. .. 2,060 0 0 Government Loans to Local Bodies Act, September, 1914 .. .. .. .. 1,000 0 0 General Purposes Loan, 28th November, 1914 .. 2,830 0 0 Land for Settlements Act, 1 January, 1915 .. 800 0 0 Land for Settlements Act, 1. February, 1915 .. 3,128 0 0 13,590 0 0 £9,818 0 0 Carried forward .. 748,435 0 0

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8

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS

RECEIPTS. £ d. £ s. d. Brought forward 12,312 9 10 36,621 17 11 Greymouth Harbour Board— continued. Interest on Investments— continued. On £500, Hutt Railway and Road 4-per-oent. Debentures, one year to 1 February, 1915 „ £4,908, Land for Settlements 4-por-cent. Debentures, one year to 1 February, 1915 „ £1,180 New Zealand State-guaranteed Advanoes 4-per-cent. Debentures, one year to 1 February, 1915 „ £2,210, New Zealand 4 per cent. Consols, one year to 1 February, 1915, „ £530, Palmerston North Borough Debentures, one year to 1 February, 1915 .. „ £6,250, Consolidated Stock (1884) 3J-por-cent. Debentures, period to 31 December, 1914 „ £1,000, Government Loans to Local Bodies 3£-per-cent. Debentures, half-year to 1 September, 1914 .. „ £200 Hauraki Plains Settlement Act 4-per-cent. Debentures, period to 1 February, 1915 „ £1,000 Local Bodies' Loans 4-per-cent. Debentures, half-year to 1 March, 1915 „ £2,060, Patea Borough 4J-per-cent. Debentures, eighteen months to 1 March, 1915 „ £800, Lands Improvement 4-per-cent. Debentures, eighteen months to 1 March, 1915 „ Daily balances 20 0 0 196 6 4 47 4 0 88 8 0 23 17 0 182 5 10 17 10 0 2 2 1 20 0 0 162 0 0 48 ,0 0 4 8 8 Borough op Tauranga:— Contribution to Sinking Fund for one year to 1 May, 1914 Debentures matured and renewed as per contra Interest on Investments, — On £130 Irrigation and Water-supply 4-per-oent. Debentures, period to 1 Ootober, 1914 £50 Waverley Town Board 5-per-cent. Debentures, period to 1 October, 1914 „ £420, Land for Settlements 4-per-cent. Debentures, one year to 1 November, 1914 „ £80, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1914 „ £40, Borough of Brunner 6-per-cont. Debentures, eighteen months to 9 November, 1914 „ £90, General Purposes Loan 5-per-cent. Debentures, period to 28 November, 1914 .. „ £90, Aid to Publio Works and Land Settlement (1902) 4-per-cent. Debentures, one year to 1 December, 1914 .. „ £70, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 December, 1914 „ £150, Aid to Publio Works and Land Settlement (1903) 4-per-cent. Debentures, one year to 1 January, 1915 „ £470, Land for Settlements 4-per-cent. Debentures, one year to 1 January, 1915 „ £10, Westport Harbour Board 4-per-oent. Debentures, one year to 1 January, 1915 , £90, County of Tauranga 5-per-cent. Debentures, one year to 1 January, 1915 „ £115, Government Railways Amendment Aot 4-per-oent. Debentures, one year to 1 January, 1915 „ £165, Government Railways Amendment Act 4-per-cent. Debentures, one year to 1 January, 1915 „ £30, Government Railways Amendment Act 4-per-cent. Debentures, one year to 1 February, 1915 „ £145, New Zealand 4-per-cent. Consols, one year to 1 February, 1915 „ £289, Land for Settlements 4-per-cent. Debentures, one year to 1 February, 1915 „ £20, New Zealand State-guaranteed Advances 4-per-cent. Debentures, one year to 1 February, 1915 „ £85, Palmerston North Borough 4J-por-cent. Debentures, one year to 1 Fobruary, 1915 .. „ £290, Consolidated Stock (1884) 3J-per-cent. Debentures, period to 31 December, 1914 „ £20, Patea Borough 4£-per-cont. Debentures, 18 months to 1 March, 1915 „ £60, Appropriation Act (1912) 4-per-cont. Debentures, 1 year to 1 November, 1914 68 0 0 260 0 0 4 10 6 14 1 16 16 0 4 0 0 3 12 0 4 13 2 3 12 0 3 10 0 6 0 0 18 16 0 13,124 11 9 0 8 0 4 10 0 4 12 0 6 12 0 14 0 5 16 0 11 11 2 0 10 0 3 10 6 8 9 2 17 0 2 8 0 Borough of Brunner:— Contribution to Sinking Fund for period to 9 November, 1914 Debentures matured and renewed as per contra Interest on Investments, — On £40, Irrigation and Wator-supply 4-per-cent. Debentures, period to 1 Ootober, 1914 „ £30, Waverley Town Board 5-per-cent. Debentures, period to 1 October, 1914 „ £110, Land for Settlements 4-per-oent. Debentures, one year to 1 November, 1914 446 3 7 45 0 0 100 0 0 1 7 10 0 12 3 4 8 0 Carried forward 151 8 1 50,192 13 3

9

8.-—8

For the Year ended 31st March, 1915.

2—B. 8.

DISBURSEMENTS. £ s. d. £ s. d. Brought forward 48,435 0 0 Borough of Tauranga:— Investments, — 5 May, 1914. Waverley Town Board 5-per-oent. Debentures, due 1 April, 1955 20 October, 1914. Waverley Town Board 5-per-cent. Debentures, due 1 April, 1955 28 November, 1914. General Purposes Loan Act (1873) 4-per-cent. Debentures, due 28 November, 1919 .. ; 1 January, 1914. Land Laws Amendment Aot (1913) 4-per-cent. Debentures, due 1 January, 1920 1 February, 1914. Land Laws Amendment Act (1913) 4-per-cent. Debentures, due 1 February, 1920 40 0 0 110 0 0 130 0 0 10 0 0 160 0 0 Debentures matured, — £ s. d. General Purposes Loan, 28 November, 1914 ., .. 90 0 0 Land for Settlements Act, 1 January, 1915 .. 10 0 0 Land for Settlements Act, 1 February, 1915 .. .. 160 0 0 450 £260 0 0 Borough of Brunner:— Investments, — 5 May, 1914. Waverley Town Board 5-per-cent. Debentures, due 1 April, 1955 20 October, 1914. Waverley Town Board 5-per-cent. Debentures, due 1 April, 1955 28 November, 1914. General Purposes Loan Aot (1873) 4-per-cont. Debentures, due 28 November, 1919 1 January, 1915. Land Laws Amendment Act (1913) 4-per-cont. Debentures, due 1 January, 1920 1 February, 1915. Land Laws Amendment Act (1913) 4-per cent. Debentures, due 1st February, 1920 30 0 0 40 0 0 40 0 0 5 0 0 75 0 0 190 0 0 49,075 0 0 Carried forward ..

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10

ACCOUNT of the RECEIPTS and DISBURSEMENTS of the COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS

Brought forward Borough of Brunner— continued. Interest on Investments — continued. On £20, Borough of Tauranga 5-per-cent. Debentures, one year to 1 November, 1914 „ £40, Appropriation Aot (1912) 4-per-cent. Debentures, one year to 1 November, 1914 .. .. .. .. „ £20, General Purposes Loan 5-per-cent. Debentures, period to 28 November, 1914 „ £20, Aid to Public Works and Land Settlement (1902) 4-per-cont. Debentures, one year to 1 Deoember, 1914 .. „ £20, Waimakariri-Ashley Water-supply Board 5-per-cent. Debentures, one year to 1 Decembor, 1914 „ £225, Land for Settloments 4-per-cent. Debentures, one year to 1 January, 1915 „ £25, Aid to Public Works and Land Settlement (1903) 4-por-cent. Debentures, ono year to 1 January, 1915 „ £30, Westport Harbour Board 4-per-cent. Debentures, one year to 1 January, 1915 „ £30, Palmerston North Borough 5-per-cent. Debentures, one year to 20 January, 1915 .. „ £35, Government Railways Amendment Aot 4-per-cent. Debentures, one year to 1 January, 1915 „ £65 Government Railways Amendment Act 4-per-oent. Debentures, one year to 1 January, 1.915 „ £30, Government Railways Amendment Aot 4-per-oent. Debentures, one year to 1 February, 1915 .. „ £15, Palmerston North Borough 4J-per-oent. Debentures, one year to 1 February, 1915 „ £129, Land for Settlements 4-per-cent. Debentures, one year to 1 February, 1915 „ £20, New Zealand State-guaranteed Advances 4-per-cent. Debentures, one year to 1 February, 1915 „ £45, New Zealand 4-per-oent. Consols, one year to 1 February, 1915 „ £100, Consolidated Stock (1884) 3J-per-cent. Debentures, period to 31 December, 1914 „ £60, Patea Borough 4*-per-cent. Debentures, half-year to 1 March, 1915 RECEIPTS. £ 151 8 1 10 0 1 12 0 s. d. 50,192 13 3 50 £ s. d. 1,192 13 3 1 0 9 0 16 0 10 0 9 0 0 1 0 0 1 4 0 1 10 0 18 0 2 12 0 1 4 0 0 13 6 5 3 2 190 2 10 0 16 0 1 16 0 2 1.8 4 4 1 0 County of Tauranga :— Contribution to Sinking Fund for one year to 1 January, 1915 Debentures matured and renewed as per contra Interest on Investments, — On £20, Irrigation and Water-supplv Act 4-per-cent. Debentures, period to 1 October, 1914 „ £70, Waverley Town Board 5-per-oent. Debentures, period to 1 Ootober, 1914 .. „ £110, Land for Settlements 4-per-cent. Debentures, one year to 1 November, 1914 „ £70, Appropriation Aot (1912) 4-per-cent. Debentures, 1 year to 1 November, 1914 „ £95, Aid to Publio Works and Land Settlement (1903) 4-per-cent. Debentures, one year to 1 January, 1915 „ £80, Westport Harbour Board 4-per-oent. Debentures, one year to 1 January, 1915 „ £50, County of Tauranga 5-per-cent. Debentures, one year to 1 January, 1915 „ £295, Land for Settlements 4-per-cent. Debentures, one year to 1 January, 1915 „ £20, Government Railways Amondment Act 4-per-cent. Debentures, one year to 1 January, 1915 „ £85, Government Railways Amendment Act 4-per-oent. Debentures, one year to 1 January, 1915 „ £60, Government Railways Amendment Aot 4-per-cent. Debentures, one year to 1 February, 1915 „ £146, Land for Settlements 4-per-oent. Debentures, one year to 1 February, 1915 „ £60, New Zealand State-guaranteed Advances 4-per-oont. Debentures, one year to 1 February, 1915 „ £30, New Zealand 4-per-cent. Consols, one year to 1 February, 1915 „ £150, Consolidated Stock (1884) 3J-per-cent. Debentures, period to 31 December, 1914 .. „ £40, Patea Borough 4*-per-oent. Debentures, 18 months to 1 March, . 1915 40 0 0 135 0 0 0 13 11 18 7 4 8 0 2 16 0 3 16 0 3 4 0 2 10 0 11 16 0 0 16 0 3 8 0 2 8 0 5 16 10 2 8 0 14 0 4 7 6 2 14 0 Borough of Patea:— Contribution to Sinking Fund to 1 March, 1915 228 14 10 37 10 0 Town Board of Waverley :— Contribution to Sinking Fund to 1 October, 1914 73 3 4 Total .. £50,722 4 3

11

B.—B

For the Year ended 31st March, 1915.

3—B. 8.

DISBURSEMEFTS. £ s. d. £ s. d. Brought forward .. 49,075 0 0 Borough of Brunner— continued. Debentures matured, — £ s. d. General Purposes Loan, 28 November, 1914 .. .. 20 0 0 Land for Settlements, 1 January, 1915 .. .. 5 0 0 Land for Settlements, 1 February, 1915 .. .. 75 0 0 £100 0 0 County of Tauranoa :— Investments, —• 5 May, 1914. Waverley Town Board 5-per-cent. Debentures, due 1 April, 1955 28 November, 1914. General Purposes Loan Act (1873) 4-per-cent. Debentures, due 28 November, 1919 1 January, 1915. Land Laws Amendment Act (1918) 4-per-cent. Debentures, duo 1 January, 1920 1 February, 1915. Land Laws Amendment Act (1918) 4-por-cent. Debentures, due 1 February, 1920 70 0 0 30 0 0 15 0 0 120 0 0 235 0 0 Debentures matured, — £ s. d. Land for Settlements, 1 January, 1915 .. .. 15 0 0 Land for Settlements, 1 February, 1915 .. .. 120 0 0 £135 0 0 Borough of Patea: — Investments — 20 Ootober, 1914. Waverloy Town Board 5-per-cent. Debentures, due 1 April, 1955 20 0 0 Town Board of Waverley :— Investments, — 20 Ootober, 1914. Waverley Town Board 5-per-cent. Debentures, due 1 April, 1955 70 0 0 Balance, 31st March, 1915 :— Cash at bank uninvested on all acoounts 1,322 4 3 Total .. £50,722 4 3

8.-8

12

P. P«jevis Webb, Secretary and Accountant to the Commissioners.

STATEMENT of the Funds held by the Commissioners of the Public Debts Sinking Funds on the 31st March, 1915.

Securities. When Securities are redeemable. Z rH O to s OTar*. Canterbury West * Loan Ordinance. jA „ n 10D - of £150,000. Westport Harbour Board. iport Harbour E Loan of £200,000. Loans in respect of which the Funds are held. Board. Loan of £500,000. Greyroout] Harbour Board. Gre; Borough Borough County j Borough Town of of of of Board of Tauranga. : Brunner. Tauranga. > Patea. Waverley. i i j Totals. New Zealand Government Debentures — Appropriation Act, 1912 (Irrigation and Watersupply Account) Government Railways Amendment Act, 1910 .. 1 Nov., 1919 4° £ s. d. 340 0 0 £ s. d. 870 0 0 £ s. d. £ s. d. £ s. d. £ s. d. . £ s. d. £ s. d. 1,040 0 0 2,520 0 0 60 0 0 60 0 0 I 40 0 0 70 0 0 50 0 0 300 0 0 920 0 0 30 0 0 30 0 0 60 0 0 1,080 0 0 2,860 0 0 | 1,440 0 0 115 0 0 35 0 0 20 0 0 2,215 0 0 5,865 0 0 ! 2,890 0 0 165 0 0 65 0 0 85 0 0 100 0 0 500 0 0 i 1,600 0 0 500 0 0 1,600 0 0 l 200 0 0 2,500 0 0 I 500 0 0 1,000 0 0 2,550 0 OJ 500 0 0 1,000 0 0 210 0 0 ! 1,600 0 0 130 0 0 : 40 0 0 20 0 0 400 0 0 2,700 0 0 ' 600 0 0 1,200 0 0 3.000 0 0 800 0 0 10 0 0 5 0 0 15 0 0 3,700 0 0 160 0 0 75 0 0 120 0 0 1,780 0 0 129 0 0 54 0 0 j 26 0 0 1,000 0 0 2,640 0 0 2,545 0 0 160 0 0 110 0 0 95 0 0 2,760 0 0 420 0 0 110 0 0 110 0 0 180 0 0 390 0 0 20 0 0 .. 50 0 0 3,430 0 0 170 0 0 75 0 0 75 0 0 2,500 0 0 500 0 0 800 0 0 £ s. d. £ s. d £ s. d. 5,000 0 0 Hauraki Plains Amendment Act, 1913 .. Hutt Railway and Road Improvement Act, 1907 Hutt Railway aud Road Improvement Act, 1910 Irrigation and Water-supply Act, 1913 Kauri-gum Industry Amendment Act, 1914 Land Laws Amendment Act, 1913 I 1 Feb., 1917 4 1 Jan., 1918 4 1 Jan., 1919 4 1 Jan.. 1920 4 1 Feb., 1919 \ 4 1 Jan., 1922 | 4 1 Feb., 1917 I 4 1 Oct., 1918 j 4 1 Oct., 1919 4 1 Nov., 1919 I 4 1 Jan., 1920 i 4 1 Feb., 1920 ; 4 lAug., 1915 4 1 Jan., 1916 4 1 May, 1916 4 1 Jan., 1917 4 1 Jan., 1918 4 1 Jan., 1922 4 30 Sent., 1915 4 260 0 0 510 0 0 760 0 0 200 0 0 1,700 0- 0 320 0 0 " - 70 0 0 245 0 0 871 0 0 1,120 0 0 1,900 0 0 210 0 0 400 0 0 1,350 0 0 2,140 0 0 4,355 0 0 1,600 0 0 1,000 0 0 830 0 0 2,000 0 0 1,400 0 0 800 0 0 1,100 0 0 5,500 0 0 2.440 0 0 3,830 0 0 4,200 0 0 650 0 0 5.050 0 0 1,000 0 0 1,200 0 0 I i .. •• - i i : .. •■ i •• 3,000 0 0 8,200 0 0 16,400 0 0 4,000 0 0 4,000 0 0 4,000 0 0 5,200 0 0 5,000 0 05,100 0 0: 5,U00 0 0; 2,000 0 0 : 9,800 0 0 5,300 0 0 11,500 0 0 9,500 0 0 1,500 0 0 9,200 0 0 4,000 0 0 2,000 0 0 Land for Settlements Act, 1908 - - •• i •• m * ■ * ' ■ Lands Improvement and Native Lauds Acquisition Act, 1894 Local Bodies' Loans Act, 1908 New Zealand Consols Act, 1908 New Zealand Loans Act, 1908 — Aid to Public Works and Land Settlement Aot, 1902 1903 Consolidated Stock Act, 1884 Defence and other Purposes Loan Act, 1870 General Purposes Loan Act, 1873 Immigration and Public Works Loan Act, 1870 New Zealand State-guaranteed Advances Acts, 1909, 1910— Land for Settlements Branch 1 Sept., 1919 ! 4 1 Feb., 1925 j 4 1 Dec, 1922 4 IJan., 1916 4 31 Dec, 1919 4 1 July, 1917 4 28 Nov., 1919 4 15 April. 1920 4| 595 0 0 360 0 0 1,150 0 0 1,910 0 0 700 0 0 2,800 0 0 1,000 0 0 2,000 0 0 3,230 0 0 1,600 0 0 5,130 0 0 8,800 0 0 700 0 0 3,600 0 0 600 0 0 1,000 0 0 2,045 0 0 5,200 0 0 2,210 0 0 145 0 0 45 0 0 30 0 0 930 0 0 90 0 0 20 0 0 I 2,600 0 0 3,350 0 0 150 0 0 25 0 0 95 0 0 6,250 0 0 290 0 0 100 0 0 150 0 0 500 0 0 3,100 0 0 130 0 0 40 0 0 30 0 0 500 0 0 3,000 0 0 13,500 0 0 3,000 0 0 12,500 0 0 17,500 0 0 1,900 0 0 9,700 0 0 2,100 0 0 1 Jan., 1919 4 1 Feb., 1919 4 4 4 1,385 0 0 400 0 0 2,220 0 0 1,320 0 0 1,390 0 0 : 110 0 0 ! 35 0 0 60 0 0 1,180 0 0 : 20 0 0 ! 20 0 0 60 0 0 5,200 0 0 3,000 0 0 Local Authorities' Debentures — Brunner Borough Palmerston North Borough 9 May, 1917 6 1 Feb., 1916 j 4J 20 July, 1916 5 1 Sept., 1953 4J 1 May, 1915 5 1 Jan., 1919 5 1 June, 1916 5 1 April, 1955 5 1 Jan., 1949 4 6 5 5 5 5 5 4 990 0 0 530 0 0 430 0 0 690 0 0 530 0 0 2,400 0 0 1,800 0 0 1,100 0 0 1,090 0 0 3,400 0 0 6,760 0 0 1 40 0 0 40 0 0 530 0 0 85 0 0 15 0 0 440 0 0 .. 30 0 0 .. 2,400 0 0 20 0 0 60 0 0 40 0 0 .. 1,300 0 0 80 0 0 20 0 0 . 700 0 0 90 0 0 .. 50 0 0 700 0 0 70 0 0 20 0 0 1,600 0 0 5,000 0 0 2,000 0 0 160 0 0 70 0 0 70 0 0 .. 2,960 0 0 10 0 0 30 0 0 ' 80 0 0 1,500 0 0 1,850 0 0 1,000 0 0 5,000 0 0 3,400 0 0 2,000 0 0 2,200 0 0 13,420 0 0 10,500 0 0 Patea Borough Tauranga Borough Tauranga County Waimakariri-Ashley Water-supply Board Waverley Town Board Westport Harbour Board 80 0 0 200 0 0 60 0 0 320 0 0 1,030 0 0 660 0 0 " 20 'o Oj ■■ .. 70 6 0 .. Cash in Bank of New Zealand 23,076 0 0 73 8 0 88,715 0 0 13,230 0 0 42,725 0 0 58,495 0 0 3059 0 0 128 10 6 42 3 0 120 14 3 817 18 5 38 11 2 88,843 10 6 13,272 3 0 42,845 14 3 59,312 18 5 3097 11 2 88,715 0 0 12S 10 6 1169 0 0 ,1411 0 0 16 10 1 63 15 6 20 0 0 70 0 0 17 10 0; 3 3 4 231,970 0 0 1,322 4 3 233,292 i 3 Totals .. .. .. |23,149 8 0 3097 11 2 1185 10 1 1474 15 6 37 10 0! 73 3 4|

13

B.— 8

STATEMENT showing the Debentures of each Loan in Circulation, and the Sinking Fund accrued, on the 31st March, 1915.

STATEMENT of the Expenses incurred during the Year ended 31st March, 1915. £ s, d. Secretary's salary .. .. .. .. .. .. .. 50 0 0 Fee to Auditor .. .. .. .. .. .. ..220 £52 2 0 P. PURVIS WEBB, Secretary and Accountant to the Commissioners. Examined and found correct. T. H. JONES, A.1.A.N.Z., Registered Accountant.

Approximate Cost ol Paper. —Preparation, not given ; printing (750 copies , £1(1 10a.

Authority : John Mackay, Government Printer, Wellington.—l9ls.

Price 6d.]

Loans. Debentures in g*& °* Circulation. l"„^ When redeemable. Sinking Funds accrued. Canterbury Loan Ordinance, 1862 . . £ 12,200 Per Cent. 1 30 June, 1915 (£7,200), and 2 July, 1916 (£5,000) 1 March, 1925 1945 .. 1 January, 1949 1 March, 1925 1 May, 1915 9 May, 1917 1 January, 1919 1 April, 1955 .. 1 September, 1953 £ s. d. 23,149 8 0 Westport Harbour Board Loan Westport Harbour Board Loan Westport Harbour Board Loan Greymouth Harbour Board Loan Borough of Tauranga Borough of Brunner County of Tauranga Waverley Town Board Patea Borough 150,000 200,000 500,000 100,000 3,400 1,500 2,000 13,420 5,000 1 1 1 1 2 2 2 1 i 88,843 10 6 13,272 3 0 42,845 14 3 59,312 18 5 3,097 11 2 1,185 10 1 1,474 15 6 73 3 4 37 10 0 £987,520 £233,292 4 3