PUBLIC SECURITIES HELD IN THE DOMINION OR ELSEWHERE AS ON THE 31st MARCH, 1937 (RETURN OF), TOGETHER WITH AN ACCOUNT OF ALL SECURITIES REDEEMED OR OTHERWISE DISPOSED OF DURING THE YEAR ENDED 31st MARCH, 1937, AS PROVIDED BY SECTION 107, SUBSECTION (2), OF THE PUBLIC REVENUES ACT, 1926.

Appendix to the Journals of the House of Representatives, 1937 Session I, B-10

B.—lo.

1937. NEW ZEALAND,

PUBLIC SECURITIES HELD IN THE DOMINION OR ELSEWHERE AS ON THE 31st MARCH, 1937 (RETURN OF), TOGETHER WITH AN ACCOUNT OF ALL SECURITIES REDEEMED OR OTHERWISE DISPOSED OF DURING THE YEAR ENDED 31st MARCH, 1937, AS PROVIDED BY SECTION 107, SUBSECTION (2), OF THE PUBLIC REVENUES ACT, 1926.

Presented to both Houses of the General Assembly pursuant to Section 107, Subsection (2), of the Public Revenues Act, 1926.

INDEX.

PAGE Government Insurance Office .. .. .. .. . . .. .. ~ 15 Government Accident Insurance Office .. .. .. .. .. ~ .. 4 Lands and Survey Department .. .. .. .. . , .. .. .. .. 24 Mines Department .. .. , . .. .. . . ~ .. .. 15 Native Trustee .. .. .. .. .. .. .. .. .. .. .. 23 Niue Island Administration .. .. .. .. .. .. .. .. .. 24 Other Securities (Departments of Agriculture, Forestry, Industries and Commerce, Tourist and Publicity, Labour, Native, Pensions, Public Works, and Railways) .. .. .. .. .. 24 Post Office .. . . .. ... .. .. .. .. .. .. 2 Public Trust Office .. .. .. .. .. .. .. .. .. .. 19 State Advances Corporation (Housing Branch) .. .. .. .. .. .. .. 23 State Advances Office .. .. .. .. .. .. .. .. .. 17 State Fire Insurance Office .. .. .. .. .. .. .. .. 5 Summary, &c. .. .. .. .. .. .. .. .. .. .. .. 25 Treasury .. .. .. .. .. .. .. .. .. .. .. 6 Westport Harbour .. .. .. .. .. .. .. .. .. .. 23 I—B. 10.

B.—lo.

PUBLIC SECURITIES HELD BY THE POST OFFICE.

2

Particulars of Security. Amount held p 111v >h»e#»H nr Amount held as at Sold, renewed, as at fq Maturity Bate of 31st 19^ rch - in Renewal. or redeemed. 31st March, Nature of Security. Dftte _' Intere8 t.| 1936 ' 1987 ' SECURITIES HELD IN RESPECT OP SAVINGS-BANK INVESTMENTS. Held in New Zealand. % £ £ £ £ Arawa District Trust Board (Deed of Charge) .. .. 1/4/55 4 .. 23,000 .. 23,000 Statg Advances Corporation of New Zealand (Stock) .. 1/9/55 3f 211,510 .. .. 211,510 New Zealand Government Securities. Finance Act, 1931 (No. 4), sec. 7 (Deeds of Hypothecation) .. 3 2,120,000 .. 200,000 1,920,000 New Zealand Loans Act, 1932 (Stock) " .. .. 15/1/57 2J 1,417,000 .. .. 1,417,000 .... 15/5/57 2J 1,417,000 .. .. 1.417,000 .... 15/8/57 2J 1,417,000 .. .. 1,417,000 .... 15/2/58 2f 1,417.000 .. .. 1,417,000 .... 15/6/58 2§ 1,417,000 .. .. 1,417,000 .... 15/9/58 2J 1,417,000 .. .. 1.417,000 .... 15/12/58 2§ 1,417,000 .. .. 1,417,000 .... 1/4/46 3 .. 1,287,743 300,000 987,743 .... 1/1/56 3 250,000 .. .. 250,000 .... 15/5/57 3 245,699 19,904 .. 265,603 .... 1/2/57 3 240,175 47,210 .. 287,385 .... 15/8/57 3 3,283,900 5,148,005 .. 8,431,905 .... 15/12/58 3 3,401,643 .. 5,680 3,395,963 .... 15/3/59 3 3,662,414 .. 491,915 3,170.499 .... 15/7/59 3 3,937,350 303,650 .. 4,241,000 .... 15/10/59 3 1,720,000 .. .. 1,720,000 .... 15/11/59 3 4,245,535 .. .. 4,245,535 .... 15/1/57 3| 2,144,595 .. 12,600 2,131,995 .... 15/5/57 3J 2,387,545 .. 93,160 2,294,385 .... 15/2/58 3i 2,277,920 .. 88,085 2,189,835 .... 15/6/58 3| 2,400,000 .. .. 2,400,000 .... 15/9/58 3i 2,400,000 .. .. 2,400,000 .... 15/3/59 3J 2,400,000 .. .. 2,400,000 .... 14/7/52 4 260,000 .. .. 260,000 .... 15/6/55 4 750,000 40,000 .. 790,000 .... 15/8/57 4 8,590 20,000 .. 28,590 .... 15/3/59 4 47,800 .. 8,820 38,980 Public Revenues Act, 1926, sec. 41 .. .. .. 31/3/37 3 .. 400,000 400,000 48,313,676 7,289,512 1,600,260 54,002,928 Local Authorities Securities. Debentures. BOROUGHS. Devonport .. .. .. .. .. 1/8/36 4J 100 .. 100 Hamilton .. .. .. .. .. .. 1/7/36 4J 1,300 .. 1,300 1/7/47 4J 1,000 .. .. 1,000 Timaru .. .. .. .. .. .. 30/6/47 4 4.000 .. .. 4,000 1/1/52 3-| -150,000 .. 7,400 142,600 Waihi .. .. .. .. .. .. 30/11/52 4J 12,000 12,000 12,600 11,400 CITIES. Dunedin .. .. .. .. .. .. 17/6/60 3J 49,344 .. 1,344 48,000 Auckland .. .. .. .. .. .. 1/3/60 3£ 34,075 .. 956 33,119 Wellington.. .. .. .. .. .. 30/9/70 3J 73,000 .. 1,144 71,856 „ .. .. .. .. .. 31/7/60 3| 26,646 .. 726 25,920 .... 1/10/51 3i 67,700 .. 3,286 64,414 1/2/57 4$ 73,400 .. .. 73,400 COUNTIES. Akaroa .. .. .. .. .. .. 1/3/49 4J 900 .. .. 900 Matakaoa .. .. .. .. .. .. 28/12/72 3J 52,920 .. 678 52,242 Matamata.. .. .. .. .. .. 1/9/50 3J 7,795 .. 421 7.374 1/9/65 3| 6,933 .. 137 6,796 Waitomo .. .. .. .. .. .. 1/10/62 4f 4,850 .. .. 4,850 HABBOITR BOABDS. Auckland .. .. .. .. .. .. 9/7/38 4| 500 .. .. 500 Patea .. .. .. .. .. .. 1/12/50 4J 10,490 .. .. 10,490 1/12/51 4£ 12,700 .. .. 12,700 1/12/52 4J 11,810 .. .. 11,810 Thames Harbour Board Loans Adjustment Act, 1932-33.. 1/4/38 34 10,528 368 .. 10,896 Wellington.. .. .. .. .. .. 28/8/46 4" 30,000 .. 2,000 28,000 28/8/46 4| 15,000 .. 900 14,100 LAND DBAINAGE BOABDS. Ellesmere .. .. .. .. .. .. 14/10/52 4 2,850 .. .. 2,850 Total, Local Authorities Securities .. .. .. .. 659,841 12,368 32,992 639,217

B.—lo.

Public Securities held by the Post Office —continued.

3

Particulars of Security. On hand 31st March, 1936. On hand 31st March, 1937. — J Purchased. Sold. „ , .. „ .. Maturity Rate of TsrnmiTial Cost Nominal. Cost. Nature of Security. Date / interest. | JNommal - ost ' SECURITIES HELD IN RESPECT OF SAVINGS-BANK INVESTMENTS —continued. Securities held in London. Canadian Stock 1/7/38 3° j?000 4,800 .. .. 5,000 4,800 1/10/47 2J 12,667 10,133 .. •• 12,667 10,133 Cape of Good Hope Consolidated Stock.. 1/7/29/49 3|- 200 186 .. (6)186 Commonwealth of Australia Stock .. 1946-49 3| 1,773 1,773 .. g 000 "1 1,773 Egyptian Government Guaranteed Bonds 3 52,500 42,372 .. (6)4,035 J 38,337 Imperial War Loan 1/12/52 3| 393,435 420,940{ |g } .. 398,419 426,140 New Zealand Consolidated Stock .. 1/4/45 3 2,260,495 2,244,583 ■■ •• J '«?o'nnn "'fits'000 1/1/40 3J 618,000 618,000 .. •• 618,000 618,000 New Zealand Loans Act, 1932 (Stock) .. 15/1/57 3 12,900 12,965 .. •• 19'nno i?'760 South Australian Stock .. .. 1/1/39 3 12,000 11,760 .. .. 12,000 11,760 Union of South Africa Stock .. .. 1954-64 3 *89,085 .. •• io'qso lo'709 Victorian Stock 1/1/29-47 3 12,380 10,709 12 ' 380 10 ' 709 Total, Securities held in London 3,611,350 3,567,30 6 { |> g g foil, 184 3,568,285 (a) Nominal value. (b) Cost price. Particulars of Security. Amountheld p at „ haae d or gol(lj renêwed _ Am ° a TL held — B.ite of 3l8t 19 t 6 rCh ' in Renewal. or redeemed. 31.st M.rch, Nature of Security. Date. Interest. SECURITIES HELD IN RESPECT OP POST OFFICE INVESTMENT CERTIFICATES. Old Issue. % £ £ £ f, New Zealand Loans Act, 1932 (Stock) .. .. 15/6/55 4 6,040 .. b,U4U New Zealand Loans Aotfl932 (Stock) .. .. 15/6/55 4 325,710 .. 40,000 285,710 Six-year Currency. fiA New Zealand Loans Act, 1932 (Stock) .. .. \ 400,900 " 400^900 Total .. .. .. .. .. 732,650 80,000 40,000 772,650 SECURITIES HELD IN RESPECT OF DEPRECIATION AND OTHER RESERVE FUNDS. % £ £ £ Finance Act, 1931 (No. 4), sec. 7 (Deeds of Hypothecation) .. 3 780,000 .. . - 780,000 New Zealand Loans Act, 1932 (Stock) .. jyj/gg 3 lil 700 ' 111^700 !! 15/5/57 3 152472 .. .. 152,172 " 15/8/57 3 .. 300,000 .. 300,000 " " .. 15/3/59 3 205,491 .. .. 205,491 .. 15/7/59 3J 380,000 .. .. 380,000 1/1/56 4 100,000 .. .. 100,000 " " n .. .. 15/8/57 4 1,355,710 .. .. 1,355,710 Total .. .. .. .. .. .. 3,085,073 350,000 .. 3,435,073 SUMMARY OF SECURITIES HELD BY POST OFFICE. % £ £ £ £ Securities held in New Zealand in respect of Savings-bank Various Var. 48,313,676 7,289,512 1,600,260 54,002,928 ,gMg «« z fZ a SHE Securities held in London - » 3,611,350 4,984 5,200 3,611,134 52,584,867 7,306,864 1,638,452 58,253,279 Securities held in respect of Post Office investment cer- Various „ 732,650 80,000 40,000 772,650 Securities held in respect of depreciation and other Reserve „ Var. 3,085,073 350,000 3,435,073 FUndS Total .. .. •• •• •• •• •• 56,402,590 7,736,864 1,678,452 62,461,002

B.—lo.

PUBLIC SECURITIES HELD BY THE GOVERNMENT ACCIDENT INSURANCE OFFICE.

4

Particulars of Security. Amount held « , . , , el Purchased or „ . Amount held — — as at is8ued Sold, renewed, as at Nature ot Security . Maturity Rate of dl8 ,JX® rcl1 ' in Renewal. or redeemed. 31st March, „ ' Date. Interest. ladB - 193V. Held in New Zealand. % £ £ £ % State Advances Corporation of New Zealand (Stock) .. 1/9/60 3J 5,000 . . .. 5 000 New Zealand Government Securities. New Zealand Loans Act, 1932 (Stock) .. .. 15/3/43 3| 56,995 .. .. 56995 •• •• 15/5/52 3J 47,500 .. .. 47!500 » '• .... 15/1/40 4 27,380 .. 27,380 .... 15/2/46 4 27,380 . .. 27,380 •• 15/4/49 4 27,385 .. .. 27 385 .... 15/6/55 4 27,385 .. .. 27'385 " " .... 15/1/57 3| .. 24,000 .. 24^000 Sural Advances Bonds. Rural Advances Bonds under Rural Advances Act, 1926.. 15/9/47 5* 5,000 .. 5 000 15/9/38 5* 10,'000 !! 10^000 Local Authorities Securities. Masterton Borough Council (Debentures) .. .. 1/12/48 4+ 9 900 9 900 Wellington Hospital Board 14/9/43 4j ! " k'non Petone Borough Council 1/9/53 4f 5,503 .. 214 s',289 1/9/52 4f 1,146 49 l'o97 1/10/48 4| 1,800 .. 106 1,694 Featherston County Council .. .. " .'! 1/10/49 % \2\0ll " 500 11'565 Carterton Borough Council 1/9/62 41 9,010 42 l'968 Onehuuga Borough Council .. .. .. .. | 1/12/61 4J 26,000 .. 1,000 25 000 Pukekohe Borough Council .. .. .. ..1/12/53 4| 1,204 ., 46 1 158 X, , rr" n A " "• " '• 2/6/65 4| 4,683 .. 82 4*601 Papakura Town Board 1/9/60 4| 4 560 100 4 4 0 Eastbourne Borough Council .. .. .. 15/12/42 4£ 2,100 .. 2 100 15/12/43 41 3,'100 !3,'100 Masterton County Council .. .. .. .. 1 f /11/42 4J 3 '710 " " 110 3 '600 Pahiatua Borough Council 2,570 i.' 100 2 TO Greymouth Borough Council 31/7/53 4£ 2,931 . 116 2 815 Taihape Borough Council .. .. .. .. 1/9/58 4f 2,825 76 9'740 Palmerston North Fire Board .. .. ., 17/12/48 4J 1261 75 T'l86 Mangonui Hospital Board l/H'/SS 4J 1 875 " 599 276 Akaroa Borough Council .. .. .. 1/4/49 4+ 833 47 '78« Taumarunui Borough Council .. .. .. 1/9/54 4i 5 514: 9m - Helensville Town Board 3 f " 37 448 Taranaki Electric-power Board 1/2/55 31 10;6 i 2 . 401 10 2n hpnngs-Ellesmere Electric-power Board .. .. 1/12/62 3* 1 800 i'soo :: :: :: »| s I! " S S:2X Wairarapa Hospital Board .. .. .. .. 25/2/51 3£ 2,500 .. 129 2^371 Wairoa Borough Council .. .. .. 1/4/46 31 ;; 3^68 W ey tl HO d SP H al B t° IE ■' - •' •• 1/4/56 l\ 5; 000 J 87 l\ 913 Westland Hospital Board .. .. .. .. 1/7/56 3* .. 7 000 1<>2 6 878 Manawatu-Oroua Electric-power Board .. .. 20/9/56 3i 5'000 87 Taieri County Council 1/10/51 3A 3'187 3 187 Palmerston North Hospital Board .. .. .. 1/10/56 3A .. 5'000 5'000 Te Awamutu Electric-power Board 1/12/56 3| .. 5,000 ! 5 '000 Alexandra Borough Council .. .. .. .. 30/3/57 U .. 2,000 .. 2^000 ■q , i , . 374,628 73,587 32,996 415,219 .Property under agreement for sale and purchase .. Various 5 3,980 .. .. 3 980 378,608 73,587 32,996 419,199 — — ——— = = „ —1 -= 1 1 .. • Subject to 20 per cent, interest-tax under Finance Act, 1932-33.

B.—lo.

PUBLIC SECURITIES HELD BY THE STATE FIRE INSURANCE OFFICE.

5

Particulars of Security. Amomrtheld Purchased or Sold , renewed , Am °^ t held — ;; 7 Maturity Rat. of Slst 1 *£° b ' in Renewal. or redeemed. 31s<; March, Nature oi Security. Date / interest. 1938> Held in New Zealand. % _£ £ £ £ State Advances Corporation of New Zealand Stock .. 1/9/60 3§ 5,000 .. .. 3,000 New Zealand Government Securities. New Zealand Loans Act, 1932 (Bonds).. .. •• 15/1/40 4 59,980 .. 59,980 (Stock).. .. 15/3/43 3| 88,690 25,600 .. 114,290 .. .. 15/5/52 3J 141,065 60,135 .. 201,200 15/1/40 4 111,295 .. 111,295 15/2/46 4 90,395 .. 21,225 69,170 " .. 15/4/49 4 110,395 .. 22,425 87,970 15/6/55 4 15,400 .. .. 15,400 jj " 15/1/57 3i .. 143,000 .. 143,000 Rural Advances Bonds. Rural Advances Act, 1926 .. .. •• .. 15/9/47 5f 15,000 •• .. 15,000 Local Authorities Securities. Thames Borough Council .. .. .. •• 1/3/41 5J* 1,656 .. .. 1,656 Waipukurau Borough Council .. •• •• 31/3/50 4 ( J 1,600 .. •• 1,600 31/3/51 4-jr 550 . . . • 550 Wellington Harbour Board .. .. •• .. 28/2/40 5|* 7,000 .. •• 7,000 Marton Borough Council .. .. .. •• 1/8/54 4J 7,881 .. 288 7,593 Christchurch City Council .. ... •• •• 31/3/52 4j 15,000 .. 15,000 Levin Borough Council . . .. • • ■ ■ 1/12/58 4J 900 . . .. 900 Featherston County Council .. .. .. .. 1/10/46 4J 2,100 ■■ 2,100 Franklin County Council .. .. .. 1/10/54 4| 5,000 .. .. 5,000 Wanganui City Council .. ■■ 1/11/63 4] 9,100 .. .. 9,100 Petone and Lower Hutt Gas-lighting Board .. .. 1/4/58 4| 21,025 .. .. 21,025 Petone Borough Council .. .. .. •• 1/4/54 4] 34,636 •• 1,264 33,372 Eyre County Council .. .. .. •• 1/9/54 5J* 1,400 .. 1,400 30/6/54 4J .. 1,400 .. 1,400 Rotorua Borough Council .. .. .. •• 1/10/45 4£ 5,900 .. .. 5,900 Timaru Borough Council .. .. .. •• 30/9/48 4 18,000 .. .. 18,000 Stratford Borough Council .. .. •• •• 1/1/55 3|- 9,648 .. 365 9,283 1/6/55 3i 1,965 .. 72 1,893 .. .. .. .. 1/1/55 3i 3,521 .. 133 3,388 Wellington Fire Board .. •. .. .. Various 4 30,100 28,400 .. 58,500 Central Hawke's Bay Electric-power Board .. .. 1/4/60 3-J 4,800 .. 200 4,600 Auckland City Council .. .. .. •• 1/1/47 4J- 1,000 .. .. 1,000 Hamilton Borough Council .. .. .. •• 1/1/64 4| 4,000 .. .. 4,000 Otago Central Electric-power Board .. .. .. 1/12/60 3£ 15,000 .. 383 14,617 Waipawa Hospital Board .. .. .. •• 1/5/56 3J .. 14,200 248 13,952 Hamilton Fire Board .. .. •• •• 8/12/48 3| .. 1,400 .. 1,400 Other Securities. Debentures under Masterton Trust Lands Trust Empower- 31/3/39 5J* 5,500 .. .. 5,500 ing Act, 1905, and Amendment Act, 1906 Debentures under Masterton Trust Lands Trust Empower- 31/3/44 4 4,700 .. 150 4,550 ing Act, 1923 Debentures under Masterton Trust Lands Trust Empower- 31/3/46 3f .. 1,000 30 970 ing Act, 1923 Masterton Trust Lands Trust Debentures under sec. 70, 26/1/57 3J .. 1,800 .. 1,800 Local Legislation Act, 1936 Fixed deposits (Bank of New Zealand) . . .. 4/7/36 2J 20,000 .. L0,000 .... 31/7/36 2| 5,000 .. 5,000 3/9/37 2J 10,000 .. .. 10,000 .. 30/10/36 2J 10,000 .. 10,000 .. 11/11/36 2-J 5,000 .. 5,000 .. 12/12/36 2| 10,000 .. 10,000 6/1/37 2J 10,000 .. 10,000 .... 1/3/37 2£ 12,000 .. 12,000 .... 21/3/37 2J 20,000 .. 20,000 4/7/37 2J .. 20,000 .. 20,000 " .... 31/7/37 2f .. 5,000 .. 5,000 .. 30/10/37 2J .. 10,000 .. 10,000 .... 11/11/37 2J .. 5,000 .. 5,000 '' „ .... 21/3/38 2J .. 20,000 .. 20,000 951,202 336,935 311,458 976,679 Land and house property .. .. •• •• •• 131,277 27,102 26,485 131,894 1,082,479 364,037 337,943 1,108,573 / * Subieet to reduction under Local Authorities Interest Reduction and Loans Conversion Act, 1932-33. t Subject to 20 per cent, interest-tax under Finance Act, 1932-33.

B.—lo,

PUBLIC SECURITIES HELD BY THE TREASURY.

6

"W" ™>' »f« "T,r"' !"«•««. ««jg* ORDINARY REVENUE ACCOUNT. Held in London. % £ £ £ £ British Conversion Loan Stock .. .. .. 1944-64 5 26,032 .. (a) 26,032 Held in Austbalia. Fixed deposits with Bank of New Zealand, Melbourne .. 30/6/36 2 7,170 .. 7,170 » » •• 30/9/36 2| 4,730 .. 4,'730 !.' 5» • ■ 31/12/36 2J 6,000 .. 6,000 Held in New Zealand. Treasury bills: Public Revenues Act, 1926, see. 39 (1) .. 13/12/36 1J .. 150,000 150,000 1/2/37 1J .. 150,000 150,' 000 31/3/37 lj .. 150,000 150,000 Investment under Reserve Bank of New Zealand Act, .. .. .. 203 325 lb) 203 325 1933, sec. 11 ' New Zealand Government Stock .. .. .. 1/4/46 3 .. 653,325 653,325 15/5/57 3 160,683 .. 160,683 !. 15/8/57 3 150,000 150,000 15/1/57 3J .. 150,000 150,000 Debenture of the Waikato Land Settlement Society (Inc.) .. 3| . . 30,000 .. 30 000 204,615 1,636,650 1,811,265 30,000 ===== ===== ===== ===== (o) Cost price £26,24.3 6s. lOd. (b) Investment (without interest) of the amount payable to the General Keserve Fund of the Keserve Bank of New Zealand pursuant to section 10 of the Reserve Bank of New Zealand Act, 1933, satisfied by the issue of securities in terms of section 11 of the said Act. DEPOSITS ACCOUNT. Held in London. % £ £ £ £ New Zealand Consolidated Stock .. .. .. 1/4/45 3 200 .. .. 200 Held in Australia . Fixed deposits with Bank of New Zealand, Sydney .. 15/2/37 2£ 100,000 .. 100,000 Held in New Zealand. Fixed deposits with Bank of New Zealand, North End .. 7/8/37 2| 2,500 .. .. 2 500 Treasury bills : Public Revenues Act, 1926, sec. 41 .. 28/2/37 1J- .. 50,000 50 000 31/1/37 If .. '! Investment under Reserve Bank of New Zealand Act, 1933 .. .. 1,000,000 .. .. 1 000 000 (without interest) Ditto •• •• •• •• •• •• •• .. 203,325 .. 203,325 Investment under State Advances Corporation Act, .. .. 890,418 .. 890 418 1934-35, and sec. 7, State Advances Corporation Act, 1936 (without interest) New Zealand Government Stock .. .. . . 15/5/57 3 4,000 22,640 .. 26 640 15/8/57 3 .. 4,000 .. 4^000 •• 15/11/41 3f 28,550 .. .. 28,550 15/2/46 4 2,000 .. .. ( 0 ) 2,000 » •• •• 15/8/57 4 140,365 1,235 13,890 127,710 1,277,615 1,271,618 263,890 (6)2,285,343 (a) Cost price, £2 039 6s. Id (b) Nelson Rifle Prize Fund investments (£1,000 included in the above iigures) not shown in investment account. Cost price total investments, xu^,28i>,382»

B.—lo.

Public Securities held by the Treasury—continued.

7

Particulars of Security. phased or Sold , renew ed, ~ : ; Maturity Rate of in Benewal. or redeemed. 31st March, Nature of Security. Da t e . Interest. ' ' PUBLIC WORKS FUND—GENERAL PURPOSES ACCOUNT. Held in London. % £ £ ; f ... , . j British Conversion Loan Stock .. .. •• 1944-64 5 24,798 .. j J,9 (a) , o Held in Austbalia. Fixed deposits with Bank of New Zealand, Sydney .. 15/2/37 2J 302,750 .. 302,750 .. 1/8/36 2i 33,570 .. 33,570 15/8/36 2} 15,130 .. 15,130 1/9/36 2J 2,550 .. 2,550 15/9/36 2| 4,700 .. 4,700 1/2/37 2£ 33,570 .. 33,570 15/2/37 2J 15,130 .. 15,130 " 1/3/37 2J 2,550 .. 2,550 11 „ .. 15/3/37 2J 4,200 .. 4,200 Fixed deposits with Commercial Bank of Australia .. 22/6/37 2 .. " k'aaa .. 22/7/37 2 .. 5,000 .. 5,000 22/8/37 2 .. 5,000 .. 5,000 .. 22/9/37 2J .. 5,000 .. 5,000 .. 22/10/37 2| .. 5,000 .. 5,000 .. 22/11/37 2J .. 5,000 .. 5,000 .. 22/12/37 2J .. . . 5,000 .. 5,000 Australian Consolidated Stock .. .. .. 15/11/41 4 (h) 261,420 .. {b) 261,420 Held in New Zealand. Mortgage Corporation of New Zealand Shares .. .. .. •• 500,000 .. (c) 500,000 Investment under State Advances Corporation Act, .. .. •• 640,418 b40,418 1934-35, sec. 8 (2), and State Advances Corporation Act, 1936, sec. 7 Treasury bills: Public Revenues Act, 1926, sec. 41 .. 30/9/36 If .. oaa'aaa 31/10/36 If .. 1,200,000 1,200,000 .. 31/12/36 If .• , 500,000 500,000 31/1/37 If .. 1,200,000 1,200,000 28/2/37 l| .. 20,000 20,000 31/3/37 l| .. 1,600,000 1,600,000 New Zealand Government Stock .. .. .. 1/4/46 3 .. 15/5/57 3 .. 38,861 38,861 15/8/57 3 .. 2.17,980 217,980 " .. .. .. 15/2/37 Si 1,700 .. (d) 1,700 " 1/2/51 5J .. 33,000 (e) 33,000 Debenture under Rural Advances Act, 1926 .. .. 15/9/47 5 '13,000 .. •• (/) 13,000 New Zealand Government Debentures.. .. .. 1/1/56 3£ .. 500 .. 500 Samoan Securities. Advances to Samoa in terms of Finance Act, 1926, sec. 4 Various 4J 8,845 .. .. (g) 8,845 Temporary transfer to Main Highways Account: Public 22/3/37 2 •. 100,000 100,000 Revenues Act, 1926, sec. 40 ' 1,223,913" 6,976,177 ~~8,124,891 «) 75,199 p„,t «j»» £18 000 (6) Cost price, £264,375 2s. 0d. (c) 500,000 £1 shares paid up to 10s. per share. (d) Subject to interest-tax of 33£ per cent, binder section 5, finance «.Cost price, £38,861 2s.M. (/) Subject to interest-tax of 20 per cent under section 6 F nance Act ] 932—33. (o) No actual securities are held in respect of these advances, repayment being secured by the terms of section 33 of the Samoa Act, 1921. (h) 4 per cent, includes redemption; true interest rate is 3f per cent. (i) Cost, price, £75,345. PUBLIC WORKS FUND.—ELECTRIC SUPPLY ACCOUNT. Held in New Zealand. % l £ £ £ £ Treasury bills: Public Revenues Act, 1926, sec. 41 .. 28/2/37 1-| .. 200,000 200,000 31/3/37 lj .. 100,000 100,000 .. 31/12/36 If .. 100.000 100,000 New Zealand Government Stock .. .. .. 15/7/59 3 175,000 .. 175,000 175,000 400,000 575,000 BANK OF NEW ZEALAND SHARES ACCOUNT. Held in New Zealand. % £ £ £ £ Preference A Shares — 500 000 £1 .. • • • •• • • •* *' 500,000 .. .. 500,000 Pl^r reS - 625,000 .. .. («) 625,000 750',ooo £i :: :: :: -«•<<<"• q Shares 234,375 £1 long-term mortgage shares .. •• •• 234,375 .. .. 234,375 2,109,375 .. .. (6)2,109,375 (a) Cost price, £375,000. (b) Cost price, £1,859,375. .

B.—lo.

Public Securities held by the Treasury—continued.

8

Particulars of Security. Amount held Purchl . aed or Amount held o, ? s „ at „ issued 8old - renewed, as at Nature of Security. j ,^ e °[ 1938 ' i" Renewal. or redeemed. 31st March, DISCHARGED SOLDIERS SETTLEMENT ACCOUNT. Held in New Zealand. % £ £ £ £ Temporary transfer to State Forest Account: Public 18/8/36 2 .. 20,000 20 000 Revenues Act, 1926, sec. 40 Treasury bills: Public Revenues Act, 1926, sec. 41 .. 28/2/37 1J .. 100,000 100,000 31/3/37 1£ .. 250'000 250'000 30/9/36 If .. 100,000 100,000 XT „ , » •• 31/12/36 If .. 250,000 250,000 New Zealand Government Stock .. .. .. 1/2/57 3 .. 47,210 47,210 767,210 767,210 EMPLOYMENT PROMOTION FUND. Held in New Zealand. % ' £ i £ £ £ New Zealand Government Stock .. .. .. 15/7/59 3 175,000 I .. 175,000 LAND FOR SETTLEMENTS ACCOUNT. Held in New Zealand. ! % £ £ £ £ Treasury bills: New Zealand Loans Act, 1932 .. .. 15/12/36 1| .. 80,000 80.000 •• 1/2/37 lj .. 80,000 80,'000 , •• 31/3/37 1J .. 80,000 80,000 Treasury bills: Public Revenues Act, 1926, sec. 41 .. 28/2/37 lj .. 100,000 100,000 31/3/37 lj .. 200000 ! , T „ . >> 31/12/36 lj .. 200,000 200,000 New Zealand Government Stock .. .. .. 15/7/59 3 50,000 75,000 125,000 15/1/57 3f .. 80,000 80',000 Temporary transfer to Main Highways Account: Public 23/3/37 2 100,000 .. 100 000 Revenues Act, 1926, sec. 40 Samoan Securities. Advance to Samoa in terms of Finance Act, 1926, sec. 4.. Various 4-J; 17,865 .. 1,500 16,365* 167,865 895,000 1,046,500 16,365 * No actual securities are held in respect of these advances, repayment being secured by terms of section 33, Samoa Act, 1921. LOANS REDEMPTION ACCOUNT. Held in New Zealand. % £ £ £ £ Treasury bills: Public Revenues Act, 1926, sec. 41 .. 28/2/37 14 .. 50,000 50,000 31/3/37 1J .. iso'ooo 150'000 !. •• 31/12/36 If .. 250,000 250,000 XT _ . , » , " •• 31/1/37 If .. 150,000 150,000 New Zealand Government Stock .. .. .. 1/2/57 3 47,210 .. 47 210 15/7/59 3 ..' 250,000 250'000 15/11/41 3f 212,105 .. 212,105 15/8/57 4 63,230 .. 63,230 322,545 850,000 1,172,545 MAIN HIGHWAYS ACCOUNT. Held in New Zealand. t % £ i £ £ £ Treasury bills: Public Revenues Act, 1926, sec. 41 .. I 28/2/37 lj .. j 50,000 50,000 RESERVE FUND ACCOUNT. Held in London. % £ £ £ £ Imperial War Loan Stock .. .. .. .. 1/12/52 3| 31,551 .. (a) 31551 British Conversion Loan .. .. .. .. 1944-64 5 284,841 32,975 .. (6)317^816 316,392 32,975 .. (c) 349,367 (a) Cost price, £33,700 2s. 7d. (4) Cost price, £324,136 18s. 3d. (c) Cost price, £357,897 0s. lOd. SILVER AND BRONZE COIN ACCOUNT. Held in Australia. % £ £ £ £ Fixed deposits with Bank of New Zealand, Sydney .. 5/2/37 2| .. 4,045 4,045 21/2/37 2| .. 3'600 3 | 600 !! Held in New Zealand, Treasury bills: Public Revenues Act, 1926, sec. 41 .. 28/2/37 lj .. 100,000 100,000 31/3/37 U .. 550'000 " 25/9/36 If .. 400,000 400,000 XT „ , >> „ , » •' 31/12/36 If .. 550,000 550,000 New Zealand Government Stock .. .. .. 15/7/59 3 .. 175,000 175,000 1/4/46 3 .. 25,000 !! 1,807,645 1,807,645

B.—lo.

Public Securities held by the Treasury—continued.

2—B. 10.

9

Particulars of Security. Amount hold p 11P » hll ,.j nr Amount held ■ as at ' u or Sold, renewed, as at I *r <- I 31st March, • or redeemed. 31st March. t f c Maturity Rate of 1(1 o« ' in Itenewal. 1(V ,„ Nature ol Security. | Date / interest. 1936 ' lW7 ' STATE COAL-MINES ACCOUNT. Held in New Zealand. % £ £ £ £ Rural Advances Bonds under Rural Advances Act. 1926.. 15/9/47 5 8,500 .. .. 8,500* New Zealand Government Stock .. .. .. 15/8/57 4 54,300 .. 20,000 34,300 62,800 .. 20,000 42,800 * Subject to interest-tax of 20 per cent, under section 6, Finance Act, 1932-33. WORKING RAILWAYS ACCOUNT. Held in Australia. % £ £ £ £ Fixed deposits with Bank of New Zealand, Sydney .. 1/4/36 2 7,000 .. 7,000 1/5/36 2 7,000 .. 7,000 1/6/36 2 7,000 .. 7,000 1/7/36 2J 7,000 .. 7,000 Held in New Zealand. Treasury bills : Public Revenues Act, 1926, sec. 41 .. 29/7/36 If .. 500,000 500,000 31/1/37 If .. 500.000 500,000 31/3/37 11 .. 500,000 500,000 New Zealand Government Stock .. .. .. 15/11/41 3f 587,940 .. •• 587,940 Railway Employees Sick Benefit Fund (invested with .. .. 34,090 6,455 .. 40,545 Public Trustee) 650,030 1,506,455 1,528,000 628,485 PUBLIC ACCOUNT CASH BALANCE INVESTMENT ACCOUNT. Held in New Zealand. % £ £ £ £ Advances to Native Trustee under Finance Act, 1930 31/3/37 3 .. 5,000 5,000 (No. 2), sec. 6 (a)* Ditto 31/3/37 3 .. 20,000 20,000 Held in London. Fixed-deposit Beceipts. Alexanders Discount Co. .. .. .. .. 26/10/36 f .. 25,000 25,000 .. 11/11/36 f .. 20,000 20,000 „ .. .. .. .. 18/11/36 f .. 25,000 25,000 Barclays Bank .. .. .. 11/4/36 f 20,000 20,000 12/6/36 f .. 95,000 95,000 ' .. .. .. .. .. 1/8/36 f .. 15,000 15,000 29/6/36 i .. 245,000 245,000 6/8/36 I .. 10,000 10,000 12/8/36 | .. 25,000 25,000 15/8/36 | .. 10,000 10,000 19/8/36 f .. 30,000 30,000 26/8/36 f .. 30,000 30,000 11/9/36 I .. 20,000 20,000 16/9/36 f .. 30,000 30,000 23/9/36 f .. 30,000 30,000 1/10/36 f .. 130,000 130,000 7/10/36 I .. 30.000 30.000 .. 28/10/36 f .. 30,000 30,000 .. .. .. .. .. 31/10/36 f .. 20,000 20,000 4/11/36 f .. 35,000 35,000 ...... 25/11/36 f .. 15,000 15,000 .. 25/11/36 J .. 20,000 20,000 „ .. .. .. .. .. 2/12/36 f .. 15,000 15,000 Lloyds'Bank, Ltd. .. .. .. .. .. 17/6/36 | .. 30,000 30,000 24/6/36 f .. 30,000 30,000 1/8/36 ■§ .. 35,000 35,000 1/8/36 f .. 10,000 10,000 1/8/36 f .. 35,000 35,000 29/6/36 .. 100,000 100,000 1/8/36 f .. 20,000 20,000 1/9/36 f .. 210,000 210,000 20/1/37 1| .. 40,000 40,000 27/1/37 lj .. 30,000 30,000 " . .. .. .. .. 3/2/37 lj .. 30,000 30,000 10/2/37 1-i- .. 50,000 50,000 ...... 17/2/37 1J .. 30,000 30,000 24/2/37 1J .. 30,000 30,000 31/3/37 J .. 100,000 100,000 ...... 2/4/37 | .. 20,000 .. 20,000 7/4/37 -} .. 20,000 .. 20,000 14/4/37 I .. 40,000 .. 40,000 " .'. .. .. .. .. 21/4/37 I- .. 20,000 .. 20,000 Carried forward .. .. .. 20,000 1 1,810,000 1,730,000 100,000 * No actual securities are held in respect of these advances, repayment being secured solely by the terms of the Act.

B.—lo.

Public Securities held by the Treasury—continued.

10

Particulars of Security. Amount held Pllr( . h ., pl , „ P Amount held S : ; as at Suld Sold . renewed, as at M;i111ritv I Rate of March, ■ , or redeemed. 31st March, Nature of Security. Date [Interest. 1936 - m lienewal. lg37 _ PUBLIC ACCOUNT CASH BALANCE INVESTMENT ACCOUNT—continued % £ £ £ £ Brought forward .. .. .. 20,000 1,810,000 1,730,000 100,000 Held in London—continued. Fixed-deposit Receipts—continued. Midland Bank, Ltd... .. .. .. .. 11/4/36 J .. 50,000 50,000 16/4/36 J .. 55,000 55,000 23/4/36 | .. 30,000 30,000 29/4/36 J .. 150,000 150,000 29/4/36 | .. 190,000 190,000 29/4/36 f .. 50,000 50,000 6/5/36 J .. 30,000 30,000 13/5/36 f .. 30,000 30,000 20/5/36 f .. 50,000 50,000 27/5/36 § .. 30,000 30,000 3/6/36 | .. 20,000 20,000 10/6/36 f .. 30,000 30,000 29/6/36 f .. 180,000 180,000 29/6/36 | .. 25,000 25,000 1/8/36 | .. 10,000 10,000 „ ■■ ■■ ■■ ■■ • ■ 1/8/36 f .. 10,000 10,000 29/6/36 | .. 150,000 150,000 29/6/36 | .. 15,000 15,000 1/8/36 1 .. 30,000 30,000 1/8/36 1 .. 15,000 15,000 1/8/36 1 .. 35,000 35,000 22/7/36 1 .. 30,000 30,000 30/7/36 1 .. 525,000 525,000 1/8/36 1 .. 110,000 110,000 1/8/36 1 .. 40,000 40,000 1/8/36 1 .. 15,000 15,000 1/8/36 I .. 10,000 10,000 •• 11/11/36 J .. 15,000 15,000 •• 18/11/36 | .. 20,000 20,000 9/12/36 | .. 15,000 15,000 9/12/36 | .. 15,000 15,000 •• 16/12/36 | .. 45,000 45,000 23/12/36 | .. 30,000 30,000 •• 30/12/36 I .. 50,000 50,000 6/1/37 1 .. 30,000 30,000 13/1/37 I .. 30,000 30,000 3/3/37 1 .. 30,000 30,000 10/3/37 1 .. 30,000 30,000 17/3/37 1 :. 40,000 40,000 24/3/37 1 .. 30,000 30,000 31/3/37 I .. 75,000 75,000 21/4/37 1 .. 20,000 .. 20,000 >> •• •• •• 27/4/37 1 .. 40,000 .. 40,000 » •• •• •• •• 11/5/37 I .. 40,000 .. 40,000 National Discount Co., Ltd. .. .. .. .. 16/7/36 1| .. 30,000 30,000 National Provincial Bank .. .. .. .. 12/6/36 | .. 95,000 !! 1/9/36 f .. 210,000 210|000 !! •• 15/10/36 ■§ .. 120,000 120,000 21/10/36 # .. 30,000 30,000 Union Discount Co. .. .. .. .. .. 1/8/36 $ .. 10,000 10,000 1/8/36 ■§ .. 10,000 10,000 1/8/36 § .. 10,000 10,000 2/7/36 2 .. 30,000 30,000 8/7/36 If .. 30,000 30,000 6/1/37 2 .. 15,000 15,000 20,000 4,870,000 4,690,000 200,000

B.—lo.

Public Securities held by the Treasury-continued.

11

. a mount, held « L j Amount held Particulars ol Security. a8 at Purchased or Sold> renewedj „ at — — „ rT7", 31st March, i n Kewal or redeemed. 31st March, Maturity Rate of 1935 in renewal. 19 3 7> Nature of Security. Date. Interest. ' SECURITIES NOT INCLUDED IN INVESTMENT ACCOUNTS—MISCELLANEOUS. Held in New Zealand. ill 1 Local Authorities' Securities. I Debentures. I Hutt Road Act, ] 915 : — o/ j £ * £ £ Boroughs- /» 300 " .. 300 Eastbourne / ' 400 .. .. 8,400 Lower Hutt < / 150 .. 150 Miramar / / 3 600 .. 3,600 0" slow 1/4/66 4 10,800 .. .. 10,800 Cityof Wellington' •• W<» 4 22,800 .. .. 22,800 Counties- 4 4 800 .. .. 4,800 SSL- :: :: :: :: :: w»« 4 '•«» •• Town Boards— 4 1200 .. .. 1,200 JSTSS :: :: :: :: :: 4 - 60,000 .. 60,000 Other Securities. 17g 175 Kaikoura County Council (Debentures) •• •• Various b •• i5Q Foxton Borough Council (Debentures) . ■ ■ • y 591 .. .. 591 Mortgages .. .. - • • • • • •" an01 h 61,091 .. 325 60,766 12/1/36 95 •• 95 •• Fixed-deposit receipts .. • • • • • • 3/3/36 l| 50 .. 50 1/4/36 if 171 .. 171 " " .. 3/4/36 2£ 15 .. 15 - " _ _ 4/4/36 1| 205 .. 205 5/4/36 If 150 .. 150 " " .. 5/4/36 li 280 .. 280 " " .. 5/4/36 li 20 20 " " .. 12/4/36 If 324 .. 325 15/4/36 If 200 .. 200 " " .. 16/4/36 2£ 25 25 " " .. 16/4/36 If 344 .. 345 17/4/36 If 400 .. 400 ... 28/4/36 3 3 3 " " .. 30/4/36 3 43 43 30/4/36 3 5 5 30/4/36 If 517 .. 517 " " .. 2/5/36 If 140 •• 140 " " .. 4/5/36 2} 100 .. 100 10/5/36 2| 100 .. 100 " " . 10/5/36 If 163 .. 163 " " .. 12/5/36 If 175 .. 175 " .. 13/5/36 li 177 .. 177 " " 16/5/36 2i 10 ■■ 10 ... 17/5/36 If 200 .. 200 21/5/36 3 406 .. 406 22/5/36 2i 16 16 .. •• 24/5/36 2i 2 2 25/5/36 If 150 .. 150 27/5/36 If 80 .. 80 ... 27/5/36 li 576 .. 576 27/5/36 l| 50 50 • • " .. 27/5/36 li 60 .. 60 " .. 3/6/36 If 200 .. 200 5/6/36 li 95 .. 95 " " .. 5/6/36 li 332 .. 332 " " . 7/6/36 If 86 86 " " 11/6/36 li 76 76 " " .. 14/6/36 3 5 ® 16/6/36 3 5 5 " " .. 16/6/36 3 5 5 16/6/36 3 5 5 " " .. 16/6/36 3 5 & 16/6/36 3 5 " " .. 18/6/36 If 300 .. 300 " " .. 19/6/36 3 15 15 " " .. 21/6/36 3 5 5 " " .. 21/6/36 3 5 .. 5 21/6/36 3 5 5 21/6/36 3 5 5 21/6/36 3 5 5 21/6/36 3 5 5 » .... 21/6/36 3 5 5 21/6/36 3 5 5 „ . , c A .. 6,426 .. 6,428 Carried forward

B.—lo.

Public Securities held by the Treasury—continued.

12

Paititulars of Security. Amount held ____ Amount neld Purchased or Amount held ~~ 1 o, f m h issued Sol<1 ' ren ewed, as at -Nature of Security Maturity Rate of S io^« rC ' in Renewal. or redeemed. 31st March, 3 Date. Interest. laie - 1937. SECURITIES NOT INCLUDED IN INVESTMENT ACCOUNTS-MISCELLANEOUS-c^W. T> r , r i % £•££,£ Brought forward .. 6 426 g 2 Held in New Zealand—continued. v,-±*° Other Securities—continued. Eixed-deposit receipts .. .. .. .. 26/6/36 3 5 » •• ■■ ■■ .. 26/6/36 3 5 5 » • • • • ■■ .. 30/6/36 3 5 k 30/6/36 3 5 5 30/6/36 3 5 5 30/6/36 3 5 5 " •• •• •• .. 30/6/36 3 5 5 30/6/36 If 250 !! 250 30/6/36 1J 200 .. 200 5/7/36 li .. 281 281 8/7/36 If 469 .. 469 ■ WV36 li .. 348 348 !! " '' • • •• • • 21/7/36 2f 50 .. 50 24/7/36 2J 10 10 " 28/7/36 2i 10 10 " 29/7/36 2i 10 10 " 31/7/36 21 40 .. 40 31/7/36 1J .. 172 172 1/8/36 2| 10 10 3/8/36 2| 50 50 6/8/36 2J 10 .. 10 6/8/36 2| 50 .. 50 10/8/36 if .. 165 165 12/8/36 1J .. !76 176 14/8/36 2i 10 .. 10 » •• •• .. 17/8/36 1J .. 202 202 » • • •• • • . • 18/8/36 1J 75 75 24/8/36 If 300 .. 300 27/8/36 li 60 60 " 5/9/36 li . . 95 95 5/9/36 li .. 333 333 6/9/36 If 300 .. 300 7/9/36 2i 11 .. 11 . " 7/9/36 li 86 86 9 /9/36 2i 1,000 .. 1,000 " " •• •• •• 11/9/36 li .. 70 76 12/9/36 2f 5 5 12/9/36 2f 250 .. 250 29/9/36 If 41 .. 4 V 30/9/36 If .. i5 0 150 30/9/36 li .. 201 201 3/10/36 If .. 100 100 8/10/36 li .. 474 474 14/10/36 2i 5 I ■ 20/10/36 If 100 :: •• , no 28/10/36 If 449 ' 449 •• 30/10/36 If .. 52i 52i 12/11/36 li .. 177 m 16/11/36 2i 15 15 •■ 18/11/36 If .. 304 304 24/11/36 2i 5 5 1/12/36 2i 6 6 " 1/12/36 2i 15 15 19/12/36 2i 325 .. 325 19/12/36 If 15 j5 21/12/36 If 230 .. 230 " " •' •• 24/12/36 If .. 406 406 30/12/36 li .. 151 • ■ 31/12/36 2i 100 .. 100 31/12/36 21- 10 .. 11 31/12/36 2i 16 16 31/12/36 If .. 327 „ 2 , :: it ■■ ™ .. -1® :: :: :: wi/S it - „ .. 101 - „ 18/1/37 2i 500 .. 500 24/1/37 2i 5 5 2/2/37 If .. 141 141 . • • 9/2/37 2i 300 .. 300 16/2/37 li .. 280 .. '■ o 80 17/2/37 If .. 499 «9 18/2/37 2i 500 .. 500 18/2/37 If .. 75 75 1/3/37 2.1 250 .. 250 " •• •• •• •• ®/ 3 ' /37 •• 1,000 .. "i 000 16/3/37 If .. 150 .. '150 Carried forward .... ! 10 „„„ _ 12,383 7,241 17,397' 2,230

B.—lo.

Public Securities held by the Treasury—continued.

13

Particulars of Security. Amount held p,,„ Amount held ; as at or Sold, renewed, as at N f „ <.*,,„•» Maturity I Bate of 31st ,^r h ' in Benewal. «"adeemed. 31st March, Nature of Security. Date. Interest. 1936 ' 1937 - SECURITIES NOT INCLUDED IN INVESTMENT ACCOUNTS —-MISCELLANEOUS—continued. % £ £ £ £ Brought forward .. .. .. .. ° 12,383 7,241 17,397 2,230 Held in New Zealand—continued. Other Securities —continued. Fixed-deposit receipts .. .. .. .. 20/3/37 24 5 .. 5 24/3/37 2£ 874 .. .. 874 30/3/37 lj .. 152 .. 152 31/3/37 1± .. 331 331 2/4/37 If .. 100 .. 100 .... .. .. 3/4/37 • 2i .. 15 15 8/4/37 li 42 42 10/4/37 1J .. 629 .. 629 15/4/37 If .. 200 .. 200 21/4/37 2J 26 26 21/4/37 If .. 250 .. 250 28/4/37 2£ 3 3 29/4/37 1J .. 334 .. 334 2/5/37 1£ .. 143 .. 143 3/5/37 If .. 599 .. 599 4/5/37 2-i .. 100 .. 100 12/5/37 If 5 5 „ .. .. .. .. 13/5/37 If .. 240 .. 240 18/5/37 1£ 76 76 24/5/37 2J 2 2 29/5/37 2} 1,000 .. .. 1,000 29/5/37 If .. 100 .. 100 9/6/37 If .. 100 .. 100 21/6/37 If . . 233 .. 233 2/7/37 2J 1,000 .. .. 1,000 13/7/37 2J 3 .. 3 13/7/37 If .. 138 .. 138 14/7/37 If .. 175 .. 175 14/7/37 If .. 175 .. 175 21/7/37 2J 50 50 " .. .. .. 28/7/37 2J 10 10 29/7/37 If .. 526 .. 526 30/7/37 2i 75 75 31/7/37 2\ 40 40 1/8/37 2£ .. 374 .. 374 1/8/37 If .. 410 .. 409 6/8/37 2J 10 10 6/8/37 1£ .. 374 .. 374 8/8/37 24 2,500 .. .. 2,500 8/8/37 2£ .. . 50 50 9/8/37 24 500 .. .. 500 13/8/37 If .. 100 .. 100 25/8/37 2J .. 399 .. 399 6/9/37 If .. 400 .. 399 7/9/37 2£ 12 11 10/9/37 If .. 350 .. 350 26/9/37 2} 5 5 9/10/37 21 5 5 9/10/37 2£ .. 500 .. 500 .. 13/10/37 If .. 130 .. 130 .. 19/10/37 If .. 300 .. 300 .. 21/10/37 If .. 300 .. 300 .. 29/10/37 If . . 175 .. 175 .. 17/11/37 If .. 175 .. 175 .. 26/11/37 21 200 .. .. 200 1/12/37 21 16 16 6/12/37 If .. 200 .. 200 .. 11/12/37 If .. 250 .. 250 4/1/38 If .. 350 .. 350 18/1/38 2£ .. 500 .. 500 21/1/38 If .. 700 .. 700 9/2/38 2\ .. 300 .. 300 17/2/38 24 100 .. .. 100 18/2/38 2£ .. 500 .500 22/2/38 2} .. 450 .. 450 1/3/38 2£ .. 250 .. 250 6/3/38 2i .. 200 .. 200 13/3/38 24 20 .. 20 27/3/38 2£ .. 300 .. 300 16/4/38 24 .. 500 .. 500 17/4/38 24 50 50 20/4/38 24 .. 570 .. 570 30/4/38 2| .. 5 5 23/5/38 24 .. 10 . . 10 14/6/38 24 5 5 Carried forward .. .. .. 18,585 21,335 17,728 22,192

B.—lo.

Public Securities held by the Treasury—continued.

SUMMARY OF PUBLIC SECURITIES HELD BY THE TREASURY.

In addition to the above securities the Minister of Finance holds stock amounting to £29,960,000 issued by the State Advances Corporation as consideration for the mortgages taken over from the State Advances Office, and £8,760,000 as consideration for the mortgages taken over from the Discharged Soldiers Settlement Account in terms of section 38 of the State Advances Corporation of New Zealand Act, 1934-35.

14

Particulars of Security. Amount held Purchased or Amount held as at ksned Sold, renewed, as at Maturity Rate of 3l8t 1^ a fi roh ' in Renewal. or redeemed. 31st March, Nature of Security. Date. Interest. 1036 ' 1937 - SECURITIES NOT INCLUDED IN INVESTMENT ACCOUNTS—MISCELLANEOUS —continued. % £ £ £ £ Brought forward .. .. 18,585 21,335 17,728 22,192 Held in New Zealand —continued. Other Securities —continued. Fixed-deposit receipts .. .. •• •• 16/6/38 24 .. 5 5 16/6/38 2J .. 5 5 16/6/38 2| 5 5 16/6/38 2i 5 5 16/6/38 2| 5 5 ai/6/38 2| 5 5 21/6/38 2J .. ' 5 5 21/6/38 2J 5 5 21/6/38 2J 5 5 21/6/38 24 5 5 21/6/38 24 5 5 21/6/38 24 5 5 21/6/38 24 5 5 26/6/38 24 5 5 26/6/38 24 5 5 30/6/38 24 5 5 30/6/38 24 .. 5 5 30/6/38 24 .. 5 5 30/6/38 24 5 5 30/6/38 24 5 5 8/7/38 24 .. 500 .. 500 25/7/38 2J .. 999 .. 999 12/9/38 24 .. 250 .. 250 .. 21/10/38 24 5 5 .. 29 10/38 24 5 5 .. 20/11/38 24 .. 300 .. 300 .. 24/11/38 24 5 5 .. 26/11/38 24 5 5 .. 19/12/38 24 15 15 .. 31/12/38 24 16 16 10/1/39 24 16 16 24/1/39 24 5 5 29/1/39 24 10 10 3/3/39 24 .. 100 .. 100 3/3/39 24 .. 400 .. 400 " .. .. .. .. 16/3/39 24 .. 1,798 .. 1,798 18,585 25,864 17,728 26,721

a j. i, t. u a Amount held as at 31st March, 1937. Amount held Purchased or « ,. r(1T .„ WPf . Amount held Name of Investment Account. at 31st March, issued in redeemed ' 31st March, 1936. Renewal. 1937. In New i nTondmi In Zealand. ln London - Australia. £ £ £ £ £ £ £ Ordinary Revenue Account .. .. 204,615 1,636,650 1,811,265 30,000 30,000 Deposits Account .. .. .. 1,277,615 1,271,618 263,890 2,285,343 2,285,143 200 Public Works Fund — General Purposes Account .. .. 1,223,913 6,976,177 8,124,891 75,199 22,345 17,854 35,000 Electric Supply Account .. .. 175,000 400,000 575,000 Bank of New Zealand Shares Account .. 2,109,375 .. .. 2,109,375 2,109,375 Discharged Soldiers Settlement Account .. .. 767,210 767,210 Employment Promotion Fund .. .. 175,000 .. 175,000 .. Land for Settlements Account .. .. 167,865 895,000 1,046,500 16,365 16,365 Loans Redemption Account .. .. 322,545 850,000 1,172,545 Main Highways Account .. • • . • • ■ 50,000 50,000 Reserve Fund Account 316,392 32,975 .. 349,367 .. 349,367 Silver and Bronze Coin Account . . .. .. 1,807,645 1,807,645 . . State Coal-mines Account . . ■ • 62,800 .. 20,000 42,800 42,800 Working Railways Account .. .. 650,030 1,506,455 1,528,000 628,485 628,485 Public Account Cash Balance Investment 20,000 4,870,000 4,690,000 200,000 .. 200,000 Account — 1 6,705,150 21,063,730 22,031,946 5,736,934 5,134,513 567,421 35,000 Miscellaneous securities not included in 79,676 25,864 18,053 87,487 87,487 Investment Accounts —— 6,784,826 21,089,594 22,049,999 5,824,421 5,222,000 567,421 35,000

B.—lo.

PUBLIC SECURITIES HELD BY MINES DEPARTMENT.

PUBLIC SECURITIES HELD BY THE NEW ZEALAND GOVERNMENT INSURANCE DEPARTMENT.

15

Particulars of Security. or Soldi renewe d, Am0 ™* t h6ld ■ , fMaturity Uateol 81s S rch - in Renewal. or redeemed. 31st March, Nature of Security. Date. Interest. 1 State Coal-mines Account. % £ £ f £ Mortgages: Housing loans to State coal-miners .. Various 5|* 7,670 (a) 2 4-,9 1 ,ZH Agreements to purchase cottages by State coal-miners „ 6* 16 lb .. Mining Advances Account. Mortgages with mining companies .. .. .. •• 5 14,910 Agreement with a mining company .. .. .. . • 6 100 Mines Department. _ ' Agreement to purchase Waimea- Kumara water-races : 31/7/52 5J 6,243 .. 0,^43 Westland Power, Ltd. , ... Agreement with Thames Borough Council for purchase of .. .. 1,15» • ■ 1 ' building-site and pump buildings 30,097 2 562 29,537 - ===== ;=== * Subject to reduction under the National Expenditure Adjustment Act; 1932, (a) Interest capitalized.

Particulars of Security. Purchased or Sold . tenewed . —— "7 ~ j Maturity Rate of iu Keuewal. or redeemed. 31st March, Kature ol Security. j Date interest. udb ' Held in New Zealand. „ „ f JVew Zealand Government Securities. % £ * * New Zealand Loans Act, 1932 (Stock) .. .. 15/1/40 4 ™0,000 .. 15/1/40 4 144,060 .. 144,060 15/2/46 4 188,750 ,. .. 188,750 15/4/49 4 188,510 .. .. 188,510 15/6/55 4 49,740 .. •• 49,740 15/3/43 3J 245,440 .. 28,420 217,020 15/5/52 34 529,675 .. .. 529,675 15/3/43 3i 233,900 .. .. 233,900 .... 15/3/43 Si 40,255 .. .. 40,255 15/7/41 3 .. 122,000 .. 122,000 " 15/1/57 31 .. 182,060 .. 182,060 Treasury bill .. 1/5/37 U •• 600,000 .. 600,000 Sural Advances Bonds. Rural Advances Act 1926 .. .. 15/9/47 5 90,000 .. .. 90,000 Rural Advances Act, .. 5 86,000 .. .. 86,000 Local Authorities' Securities (Debentures). boboughs. „ Birkenhead 1/9/54 4J 2,800 .. .. 2,800 Birkenhead .. .. Various 41 34 500 .. .. 34,500 S? e : :: :: :: :: v™ 3 %oo .. 2,800 900 qZML " 1/4/33 4|* 860 .. 860 Hamilton " 1/12/58 4* 45,872 .. 1,209 44,663 Hastes 1/10/37 4 12,000 .. 8,300 3,700 ;; ;; ;; ; i /8 /45 4 1,397 .. 122 1,275 Lower°Hutt' ' •• •• 1/1/56 2 M82 " 217 M65 S. : :: :: :: 1®2 1! '« :: t Ngaruawania .. .. 750 2>750 „ to it 1/4/59 4A 63,952 .. 1,577 62,375 SSr " ■' :: :: :: wK % i« 7 .. '51 1,376 Onotiki 1/7/55 4| 1,815 .. 61 1,754 pukekohe:: :: :: :: :: :: T ww % iH :: " 383 12S sSo" " " :: 8 iK :: :: 10S E?a :: :: - :: :: :: &S ff i:K :: -325 S VV™ 6* 4,591 .. 59 4,532 wSSrau - :: :: :: Iw® 4 tB :: :: WhSane l! 1/12/40 4J 5,390 .. 690 4,700 •n ° ITIES ' 1/12/53 41 21,563 .. 818 20,745 Nelson " '• •• •• 21/9/43 4J 15,000 .. .. 15,000 WeUington" .. 1/2/49 4J 38,000 .. 38,000 Carried forward '. .. •• 2,230,056 904,060 290,576 2,843,540 * Subject to reduction under Local Authorities Interest Reduction and Loans Conversion Act, 1932-83.

B.—lo.

Public Securities held by the New Zealand Government Insurance Department—continued.

16

Particulars of Security. Amount held Pllrohaaed nr Amount held T as at 1 or Sold, renewed, as at w . . .. Maturity Rate of March, . or redeemed. 31st March. Nature of Security. Date. Interest. 1036 - renewal. lm ■*> :— : __ J % £ £ £ £ Brought forward .. .. .. .. .. 2,230,056 904,060 290,576 2,843,540 Held in New Zealand—continued. Local Authorities' Securities (Debentures) —continued. COUNTIES. Dannevirke .. .. .. .. .. 1/5/38 6*t 12,000 .. .. 12,000 Egmont .. .. .. .. .. .. Various 4J 900 .. .. 900 Featherston .. .. • .. .. 1/10/49 4£ 1,969 .. 1 969 Hutt .. .. .. .. .. .. 1/12/64 4J 41.300 .. 500 40,800 Horowhenua .. .. .. .. .. 1/4/60 4J 17.800 .. .. 17,800 Inglewood .. .. .. .. .. .. Various 4 J 1,045 .. 200 845 Manukau .. .. .. .. .. .. „ 41 21,800 .. 3,300 18,500 Mangonui .. .. .. .. .. .. „ 41 3,700 .. 200 3,500 Opotiki .. .. .. .. .. .. 1/7/45 4J 3,034 .. 265 2,769 Pahiatua .. .. .. .. .. .. Various 4J 3,200 .. .. 3,200 Rangitikei .. .. .. .. .. 1/1/51 6* 1,696 .. 73 1,623 Stratford .. .. .. .. .. .. 31/3/51 4| 1,800 .. .. 1,800 Tauranga .. .. .. .. .. .. Various 4J 6,000 .. 20 5,980 Waiapu .. .. .. .. .. .. 1/12/48 4J 1,400 .. .. 1,400 Waipa .. .. .. .. .. .. Various 4£ 4,450 .. 100 4,350 Waipawa .. .. .. .. .. .. „ 4J 8,800 .. .. 8,800 Wairarapa South .. .. .. .. .. • 41 1 Q«o 1 qfio Waitomo .. .. .. .. .. .. 1/12/60 6* !! !! 3^800 TOWN BOAKDS. Ellerslie .. .. .. .. .. .. 1/4/44 4J 14,500 .. 1,000 13,500 Havelook .. .. .. .. .. .. 1/11/43 6* 1,693 .. 170 1,523 Kaponga .. .. .. .. .. . . Various 4| 885 .. .. 885 Mangaweka .. .. .. .. .. 1/8/54 5* 2,250 .. .. 2,250 Papakura .. .. .. .. .. .. 1/9/55 4| 1,900 .. 100 1,800 Tuakau .. .. .. .. .. .. 1/1/58 4i 612 .. 17 595 Waverley .. .. .. .. 25/4/47 5* 750 .. .. 750 HARBOUR BOARD. Wellington.. .. .. .. .. .. 28/8/46 4J 21,900 .. 1,200 20,700 DRAINAGE BOARDS. Buckley .. .. .. .. .. .. Various 4J 600 .. 200 400 Taieri .. .. .. .. .. .. 31/7/5.1 5* 961 .. 43 918 ELECTRIC-POWER BOARDS. Central Hawke's Bay .. ., .. 1/4/64 4£ 84,558 .. 1,569 82,989 Horowhenua .. .. .. .. .. 28/2/63 4£ 109,256 .. 2,221 107,035 Hutt Valley .. .. .. .. .. 1/9/64 4J 109,123 .. 2,024 107,099 Otago Central .. .. .. .. .. 1/12/62 6*f 10,000 .. .. 10,000 South Taranaki .. .. .. .. .. 1/10/55 4| 12,398 .. 404 11,994 Taranaki .. .. .. .. .. .. 1/12/65 4J 127,196 .. 2,158 125,038 Tararua .. .. .. .. .. .. Various 4J 40,000 .. .. 40,000 Wairarapa .. .. .. .. .. 31/5/65 41 121,100 .. 2,000 119,100 Wairoa .. .. .. .. .. .. 31/3/63 4J 21,111 .. 416 20,695 Wanganui-Rangitikei .. .. .. .. 30/9/61 4J 70,438 .. 1,524 68,914 Miscellaneous Securities. Landed and house property (freehold).. .. .. Various Var. 182,538 79,816 935 261,419 Landed and house property (leasehold) .. .. „ „ 1,545 172 1 373 Properties acquired on default of mortgagors .. .. „ „ 38 357 ' 3 q08 5 667 35 708 Mortgages.. .. .. .. .. .. „ „ 3,849,'l34 4,054^653 Securities held in London. New Zealand 3-per-cent. Consolidated Stock inscribed at 1/4/45 3 625,900 .. .. 625 900 Bank of England 7,815,425 1,537,743 662,394 8,690,774 » Subject to reduction under Local Authorities Interest Reduction and Loans Conversion Act, 1932- 33 t A sinkine-fund nolicv for reDavment of the loan at maturity is in existence.

B.—lo.

STATEMENT OF PUBLIC SECURITIES BELONGING TO THE STATE ADVANCES OFFICE AND HELD IN THE DOMINION AS AT THE 31st MARCH, 1937.

Subject to temporary reduction under National Expenditure Adjustment Act, 1932. During the year securities amounting to £252,917 held by the Housing Branch of the State Advances Office were transferred to the State Advances Corporation in accordance with Part IV of the State Advances Corporation Act, 1936. A return of these securities appears on page 23.

3—B. 10.

17

Particulars of Security. P™*--« 8old , renewed , d Maturity Rate of" 3U in Renewal. or redeemed. 31st March, Mature of Security. Date. Interest. Public Debt Sinking Fund Branch. % f £ | £ Debentures issued by local bodies .. .. •• Various 3j 12 191 " 823 11^368 3J 19'937 .. 1,024 18,913 44 23,184 .. 1,300 21,884 44 1372,922 .. 27,570 1,345,352 " 4 15,971 .. 1,357 14,614 J> * * * * " 6 . 1,628,439 .. 44,666 1,583,773 Miscellaneous Business Branch. Bills of sale and undertakings to repay .. . • Variouff 5 !75 ,■426 24,172 151,254 175,426 .. 24,172 151,254 Fishing Industry Promotion. „ Bill of sale Various 5 75 Gold Storage Advances. Mortgages on property .. .. ' ' ' ' '' 6 .. 3,654 12,142 .. 3,654 8,488 Fruit-preserving Industry. 3 Mortgages on property •• •• 3>6()0 '! 7t 7'139 .. 243 6,896 " " !! .. 7§ 1,950 .. .. 1,950 22,069 .. 3,580 18,489 New Zealand Government Securities. Temporary Investments —Public Debt Sinking Fund New Zealand Loans Act, 1932 (Stock) .. •• Various 3 300 ,■000 233 ,■65° 66,350 300,000 .. 233,650 66,350 Grand total 1,828,429 » Reducible bv i per cent if paid within one month of due date. t Reducible by 1 per cent if paid within one month of due date. t Reducible by 2 per cent, if paid within fourteen days of due date. § Reducible by 2 per cent, if paid within one month of due date.

B.—lo.

Public Securities held by State Advances Office—continued. Detailed Statement showing Particulars of Debentures issued by Local Bodies (included in the foregoing Table).

18

qj LO °tc A uriMes itieS ' lM§ Local Authorities' local Authorities' I„Insecurities. - Securities. -S sa 2 Securities. m 3 «2 m W CO ™ CO Boroughs. £ Counties—continued. £ Drainage and River £ Akaroa .. 1,734 Kowhai .. .. 1,235 Board. Birkenhead.. .. 27,041 Levels .. .. 8,553 Taupiri .. .. 13 895 Brunner .. .. 586 Mackenzie .. .. 2,556 Carterton .. .. 583 Matakaoa .. .. 1^935 Cromwell .. .. 1,879 Ohura .. .. 33 ,'827 River Trust or Dargaville .. .. 39,086 Patea .. .. 10,755 Board. Eketahuna .. .. 12,712 Peninsula .. .. 429 Geraldine .. .. 458 Foxton .. .. 33,637 Piako .. .. 53,159 Otanomomo .. 444 Green Island .. 1,295 Rotorua .. .. 4,100 Otautau .. .. 852 Greytown .. .. 24,120 Stratford .. .. 22,277 Taieri .. .. 24 857 Hokitika .. .. 4,950 Taieri .. .. 115 Waimatuku .. . 4'050 Huntly .. .. 2,274 Thames .. .. 12,025 Inglewood .. .. 289 Uawa .. .. 29^785 Kaiapoi .. .. 4,584 Vincent .. .. 111144 Hospital Board. Kaitangata .. .. 533 Waihemo .. .. 118 Buller .. 10 563 Matamata .. 20,823 Waikato .. .. 2,099 Mataura .. .. 20,462 Waipa .. .. 56^270 MiHon .. .. 16,137 Waitomo .. .. 67,'321 Road Boards. " •' 11,950 Whakatane .. .. 6,321 Akaroa and Wainui .. 3 751 JNorthcote .. .. 10,405 Wliangamomona .. 20,340 Mount Roskill .. 6'156 Ohakune .. .. 3,200 Whangaroa .. .. 8,429 Mount Wellington .. '394 Otahuhu .. .. 12,656 Orapiu .? .. 89 laeroa .. .. 22,570 Harbour Boards. Ostend .. .. 2 911 J atea •• 23,054 Havelock .. .. 355 Panmure Township " '559 Picton .. .. 15,997 Hokitika .. .. 11,453 Port Chalmers .. 672 Motueka .. .. 14,404 Town Boards or (jueenstown .. .. 531 Timaru .. .. 6,997 Districts. £ Raetihi .. .. 3,063 Wairoa .. .. Ellerslie .. .. 364 Rangiora .. .. 1,140 Glen Eden .. .. 4 645 Richmond .. .. 2,564 Irrigation Board. Havelock .. .. 284 Roxburgh .. .. 255 Oaonui .. .. 1,869 Helensville .. !11604 Shannon .. .. 13,671 Henderson .. .. 4,500 laihape .. .. 29,592 Land-drainage Hikurangi .. .. 3 289 Takapuna .. .. 3,700 Boards. Hunterville .. . 62 Taumarunui .. 34,083 Aka Aka .. .. 3,866 Johnsonville .. 12 763 Tauranga .. .. 12,749 Christchurch.. .. 89 Kaikohe 9 374 TeAwamutu .. 53,201 Eltham .. .. 2,641 Kaponga .. 7'oi9 Te Puke .. .. 7 ? 650 Eureka .. .. 1 ? 639 Kawakawa .. .. 7 283 Thames .. .. 14,990 Fencourt .. .. 1,454 Kawhia .. .. '281 ~PP er Hutt .. .. 588 Hauraki United .. 7,506 Leamington .. .. 191 Waipawa .. .. 8,932 Hautapu .. .. 266 Manaia .. .. 21 543 Waipukurau .. 38,493 Judea .. .. 2,373 Mangaweka .. . 4 317 Wairoa .. .. 4,566 Kawa .. .. 12,440 Maunui .. .. 2'450 Westport .. .. 23,621 Kirikiriroa .. .. 1,361 Manurewa .. .. 13 892 Whakatane .. .. 24,317 Lower Mangapiko .. 3,037 Martinborough '206 Wmton .. .. 2,328 Makerua .. .. 2,068 Onerahi .. .. 5,075 Manawatu .. .. 163 Opunake .. .. 785 Mangahoe .. .. 1,586 Otautau .. .. 490 _ Counties. Moutoa .. .. 288 Otorohanga .. .. 11893 •• •• 274 Otaua .. .. 1,217 Papakura .. .. 32 627 Awatere .. .. 6,499 Raupo .. .. 8,868 Pleasant Point .. 268 Cheviot .. .. 927 Rotomanuka .. 844 Raglan .. .. 4,034 Clifton .. 16,399 South Hautapu .. 327 Rangatua .. .. 1063 Collingwood .. .. 3,566 Te Puke .. .. 3,342 Tahunanui .. .. 330 Egmont .. .. 18,871 Te Rapa .. .. 1,818 Taradale .. .. 7,978 %y re ■■ ■■ 1,767 Thames Valley .. 51,750 Tuakau .. .. 1568 ™y , . • •• 1,457 Tumu-Kaituna .. 5,048 Waiuku .. .. 1322 Hauraki Plains .. 23,908 Upper Mangapiko .. 2,559 Warkworth .. .. 3770 Hokianga .. .. 32,675 Wainono .. .. 1,066 Itiangahua .. .. 531 Waiotahi .. .. 996 Water-supply Board. -Kaikoura .. .. 1,047 Waipa .. .. 4,243 Waimakariri-Ashley .. 1,166 Kaitieke .. .. 32,469 Wakapuaka .. .. 394 " Kawhia .. .. 24,161 Whakaki .. .. 1,544 Total .. .. 1,583,773

B.—lo.

PUBLIC SECURITIES HELD BY THE PUBLIC TRUST OFFICE.

19

Particulars of Security. Amount held p „ r „ h „.„ rf Amount held as at Sold . renewed, as at wt Maturity Bate of 3l9l iS rch ' in Renewal. <* ««deemed. 31st March, Nature of Security. Date. Interest. 1936 ' 1937 - Held in New Zealand. % £ £ £ £ Mortgages.. .. .. .. .. .. Various Var. 16,447,407 876,007 1,363,036 15,960,378 Local authorities'securities .. .. .. .. „ 2g .. 25,421 .. 25,421 3£ .. 97,413 .. 97,413 3J 477,232 254,755 13,535 718,452 3| 5,750 .. .. 5,750 3J 16,000 .. 3,400 12,600 4 20,000 .. .. 20,000 4-i 7,416,487 387,310 281,207 7,522,590 4f 15,120 .. 5,245 9,875 4f 3,045 .. 1,099 1,946 4£ 627,031 .. 366,854 260,177 ......... 5'i 40 20 20 New Zealand Government Securities. New Zealand Loans Act, 1932 (Stock) .. .. 15/12/36 1J .. 230,000 230,000 .... 15/7/41 3 .. 49,120 .. 49,120 .... 15/1/57 3 34,000 .. .. 34,000 .... 15/1/57 3| 139,100 2,184,975 .. 2,324,075 .... 15/5/52 3J 58,805 193,560 .. 252,365 .... 1/9/37 3§ .. 100 .. 100 .... 15/11/41 3f 1,053,200 .. .. 1,053,200 .... 15/1/40 3f 8,900 .. .. 8,900 .... 15/1/40 4 1,503,225 1,110 1,504,335 .... 15/2/46 4 1,163,070 12,835 .. 1,175,905 .... 15/4/49 4 1,227,120 66,610 .. 1,293,730 .... 15/6/55 4 1,175,855 96,955 .. 1,272,810 Rural Advances Bonds. Rural Advances Act, 1926 .. .. .. .. 15/9/47 4 2,298,550 3,050 .. 2,301,600 State Advances Corporation of New Zealand (Stock) .. 1/9/60 3| 130,000 .. .. 130,000 Fixed-deposit Receipts .. .. .. .. 4/4/36 I 1,100 .. 1,100 1/5/37 li .. 1,700 .. 1,700 1/5/37 1J .. 4,000 .. 4,000 26/5/36 If 750 .. 750 15/4/36 If 500 .. 500 2/4/37 1| .. 1,500 .. 1,500 .. 17/12/36 If .. 2,000 2,000 .. 30/12/36 If .. 2,250 2,250 9/12/36 l| .. 3,000 3,000 .. 26/11/36 If .. 4,500 4,500 .. 12/11/36 If .. 7,000 7,000 18/2/37 If .. 2,000 2,000 8/2/37 If .. 5,750 5,750 12/2/37 If . . 600 600 15/3/37 If .. 2,500 2,500 10/1/37 If .. 700 700 13/1/37 If .. 3,500 3,500 6/1/37 If .. 2,000 2,000 12/6/36 2J 700 .. 700 26/5/36 2J 337 .. 337 7/1/37 2£ 2,570 .. 2,570 23/7/37 2i .. 149 .. 149 15/12/37 2i .. 100 .. 100 25/9/36 2f 2,000 .. 2,000 8/4/36 3 1,325 .. 1,325 18/4/36 3 2,409 .. 2,409 9/5/36 3 1,200 .. 1,200 9/5/36 3 450 .. 450 14/6/36 3 500 .. 500 30/5/36 3 400 .. 400 „ .. .. .. .. 1/4/36 3 500 .. 500 Property acquired by foreclosure .. .. .. .. .. 236,810 15,149 13,190 238,769 Advances to protect security .. .. .. .. .. 68,578 6,512 19,292 55,798 Promissory notes and loans .. .. .. .. .. • . 247 .. .. 247 Leasehold and freehold property and balance purchase- .. .. 464,635 12,063 39,049 437,649 money on premises sold Held in London. Fixed-deposit Receipts. Midland Bank, Ltd. .. .. .. •• At call J 4,000 .. 4,000 4/6/36 f 15,000 .. 15,000 At call i 10,000 .. 10,000 19/6/36 f .. 25,000 25,000 At call J .. 5,000 5,000 At call i .. 10,000 10,000 National Discount Co. .. .. •• 20/7/36 1 .. 15,000 15,000 Midland Bank, Ltd. .. .. .. .. At call £ .. 10,000 10,000 At call J .. 10,000 10,000 At call i .. 5,000 5,000 Barclays Bank, Ltd. .. .. .. .. 7/10/36 f .. 25,000 25,000 Midland Bank, Ltd. .. .. .. .. 7/11/36 f .. 20,000 20,000 „ .. .. .. .. At call | .. 5,000 5,000 At call | .. 20,000 20,000 9/1/37 1 .. 25,000 25,000 9/2/37 f- .. 25,000 25,000 9/3/37 1 .. 25,000 25,000 At call i .. 25,000 10,000 15,000 19/4/37 1 .. 25,000 .. 25,000 34,633,948 4,831,194 4,154,803 35,310,339

B.—lo.

Public Securities held by the Public Trust Office—continued. (Included in foregoing return.) Statement of Public Securities held by the Public Trustee in the Dominion of New Zealand as at 31st March, 1937 Mortgages. Common Fund of the Public Trust Office — £ £ Flat mortgages .. .. .. .. .. .. .. .. .. .. 8,114,262 Instalment mortgages .. .. .. .. .. .. .. .. .. 3,792,761 Public Service Superannuation Fund .. .. .. .. .. .. .. .. 1,250,236 Teachers' Superannuation Fund .. .. .. .. .. .. .. .. .. 724,506 Railways Superannuation Fund .. .. .. .. .. .. .. .. .. 721,850 National Provident Fund .. .. .. .. .. .. .. .. .. .. 1,195,779 Land Settlement Finance Act Associations .. .. .. .. .. .. .. .. 160,984 15,960,378 Local Authorities'' Securities. Common Fund of the Public Trust Office .. .. .. .. .. .. .. .. 6,994,663 Special Investments outside the Common Fund — £ Agencies .. .. .. .. .. .. .. .. .. 122,205 Estate — Permanent .. .. .. .. .. .. .. .. .. 20,925 Temporary .. .. .. .. .. .. .. .. .. 600 143,730 Public Service Superannuation Fund .. .. .. .. .. .. .. .. 638,385 Teachers' Superannuation Fund .. .. .. .. .. .. .. .. .. 145,579 Railways Superannuation Fund .. .. .. .. .. .. .. .. .. 218,123 National Provident Fund .. .. .. .. .. .. .. .. .. .. 533,764 8,674,244 Government Securities. Common Fund of the Public Trust Office .. .. .. .. .. .. .. .. 4,113,435 Special Investments outside the Common Fund: Agencies .. .. .. .. .. .. 21,500 Public Service Superannuation Fund .. .. .. .. .. .. .. .. 677,090 Teachers' Superannuation Fund .. .. .. .. .. .. .. .. .. 4,425 Railways Superannuation Fund .. .. .. .. .. .. .. .. .. 160,145 National Provident Fund .. .. .. .. .. .. .. .. .. .. 2,487,610 7,464,205 Rural Advances Act, 1926. Public Service Superannuation Fund .. .. .. .. .. .. .. .. 249,900 Teachers' Superannuation Fund .. .. .. .. .. .. .. .. .. 82,050 Railways Superannuation Fund .. .. .. .. .. .. .. .. .. 70,900 National Provident Fund .. .. .. .. .. .. .. .. .. .. 368,900 Public Debt Redemption Fund .. .. .. .. .. .. .. .. 1,529,850 2,301,600 State Advances Corporation of New Zealand Stock. Public Service Superannuation Fund .. .. .. .. .. .. .. .. 50,000 Teachers' Superannuation Fund .. .. .. .. .. .. .. .. .. 5,000 Railways Superannuation Fund .. .. .. .. .. .. .. .. .. 25,000 National Provident Fund .. .. .. .. .. .. .. .. .. .. 50,000 130,000 Fixed-deposit Receipts. Common Fund of the Public Trust Office .. .. .. .. .. .. .. .. .. 7,449 Properties acquired by Foreclosure. Common Fund of the Public Trust Office .. .. .. .. .. .. .. .. 208,996 Public Service Superannuation Fund .. .. .. .. .. .. .. .. 23,173 Railways Superannuation Fund .. .. .. .. .. .. .. .. .. 6,600 238,769 Advances to protect Securities. Common Fund of the Public Trust Office .. .. .. .. .. .. .. .. 55,653 Railways Superannuation Fund .. .. .. .. .. .. .. .. .. 145 55,798 Promissory Notes and Loans. Public Service Superannuation Fund .. .. .. .. .. .. .. .. 147 National Provident Fund .. .. .. .. .. .. .. .. .. .. 100 247 Property. Titles to freehold and leasehold property and balance purchase-money of premises sold .. .. .. .. 437,649 Total held in New Zealand .. .. .. .. .. .. .. .. £35,270,339 Securities held outside New Zealand. Fixed-deposit Receipts. £ Midland Bank, Ltd., London .. .. .. .. .. .. .. .. .. .. 40,000

20

B—lo.

Public Securities held by the Public Trust Office—continued. DETAILED STATEMENT SHOWING PARTICULARS OF DEBENTURES ISSUED BY LOCAL BODIES.

21

(Included in the foregoing return.) , ~ S I Local Authorities' o^t Ituritics Deben- 81st March, , Securities. Deben. 3lBt March, tures. Vdot. Boeoughs. £ _ Boroughs-continued. £ 1 2 900 Whakatane .. .. •• 1 39,08U Alexandra " i! 2 2,400 Whangarei 1 38,706 Balclutha 2 6,324 Wmton 1 1,775 Blenheim 1 500 Woodville 2 1,225 Cambridge 1 nl'loi Counties. Carterton J A kitio .. ... 3 11,627 Dannevirke 1 21,930 Aktoo .. , 3,675 Dargaville .. •• •• 3 64,41 IS 990 Devonport J 147-950 Ashbur o„ .. . . .. 1 3,990 ®^ tahuna 17'012 Bay of Islands' .. -• 1 60,088 Eltham .. •• •• 1 9 ZZ « • i l d 3^0 Featherston 1 4,866 Castlepomt 1 4-350 Fpildin „ .. .. 1 8,200 Clifton f Gisbome ! 3 68,092 Collmgwood 1 6,119 Gore 1 15,300 Cook o Greymouth 1 Dannevirke .. .. ;; 4 JU75 Greytown 1 9,79 » " .. .. 4 31,361 Hamilton .. •• •> ni 9nn Eltham •• 2 7,985 ® a8tmgS I a!277 Featherston " .. 2 27,497 Hawera ; 9 129 Franklin 1 65 > 095 tigiewood :: :: :: i : •• •• f ? aia P 0i ■' " 2 1550 Heathcote !! I'. !! 1 5300 L°- r Hutt .: .. .. 1 90,600 Hobson .. ..27 46,250 " :: :: 9 ' lsr henua - :: 3 I'jsO Masterton .. •• 4 Mutt 1 24 905 Matamata 1 27,600 Inglewood 1 24,905 -» T , 9 4 485 Kaikoura .. •• •• 1 0,0/0 Mataura f Kairanea •• •• 1 16 > 80 O Morrmsville 2 54,250 |a g ■ g Motueka 3 8,660 KaitieKe .. Mount Albert 1 4,640 Kavrfna .. .. ;; 2 Mount Eden 1 K j " .. .. 2 2,200 Na P . ] l'200 Mackenzie !. .. •• 6 2 . 160 New Brighton .. •• 1 „ g^g New Lynn 1 99,600 Makara f it' dt. New Plymouth .. •• 1 1-700 Manawatu 1 25,345 Ngamawahia .. .. 1 »>930 Mangonui 1 47,900 jfer ■ :: :: f .«S BSS*:: :: :: a " •• :: ; '3 8532 :: :: :: f 1« One Tree Hill . •• 1 33,100' Matamata .. •• 1 8 |'a29 OpotikT . :. •• 1 19,321 Mauriceville 6 2,429 Otahuhu •• •• 1 I 7 ' 065 Murchison .. 2 Ot'aki 2 21,084 Ohinemuri 1 1.840 Paeroa •• •• 1 18,915 Ohura .. •• j Pahiatua !. .. .. 1 7,930 Opotiki .. .. •• 1 24,470 Palmerston .. .. 1 1,000 Oroua 1 16 636 Patea ■■ •• 2 12,150 Otamatea .. . • •• 1 i,™ Picton 1 6 > 200 Otorohanga 9 12,770 Pukekohe 2 47,249 Oxford 1 |,900 ST n :: :: :: i iZ « a :: :: •• -',833 Bangiora 1 4,400 |^» sula ;; ;; 27 143)170 Richmond :: :: :: 1 7 g 4,897 fhannon " i! 2 2 '.596 Rangitikei 10 98 570 sr - - :: i I® Rottu y a :: :: :: *«S Taihape " • •• 3 53,975 Stewart Island .. •• 1 £05 Takamina 1 82,400 Stratford .. •• •• 2 a aha Tapanui !! .. .. 1 l.»0 Takaka .. .. ;; 1 Taumarunui 1 4,325 .. lg>290 Tauranga 3 88,671 Tau g •• 2 Q TeAroha 4 17,488 Thames .. 2 82,642 Te AwamutU .. 1 4,700 ;; _ j 3,793 TePuke " •• 1 8 '°53 Waiapu .. •• 2 44,200 Thames .. 13 127,353 Waikato 1 2 3,910 Ī" .. 1 H.900 Waikohu 1 3,100 Upner Hutt .. •• 1 20,300 Waimain .. .. •• 2 Upper ±iutt ... Waimarino 1 1 2 .675 Waimate ! "'oaa Wairnea •• •• 1 15 0 Waipawa .. .. •• | " _ _ ! 42,780 Waipukurau .. .. •• 1 12,635 .. 4 80t) Wairoa •• •• 1 16 ' 800 Waipara .. •• •• L Waitara !! .. -.1 1 1 ' ' lm Waipawa 1 9,300

B.—lo.

Public Securities held by the Public Trust Office—continued. DETAILED STATEMENT SHOWING PARTICULARS OF DEBENTURES ISSUED BY LOCAL BODIES—ctd.

22

(Included in the foregoing return.) L0C 1ecmWef leS ' X 8 S*h L0CaI Authoritiea " owfeg'at Deben- 31st March, Securities. Deben- 31st March, 1937. tures _ 1987 _ . Counties continued. £ Hospital Boabbs. £ Wairarapa South .. .. 1 4,850 Auckland .. 2 74 POO Wairewa 2 5,604 Bay of Plenty .. ] 1 4 ' 0 o, Wairoa .. .. .. l 32 ,996 Dannevirke .. .. 1 io'ooo Waitaki •• ■■ 1 1,549 Grey .. 1 14'qsfi Waitemata 1 19,760 Hokianga .. ' " 1 14107 Waitomo .. .. .. 38 68,930 Nelson .. " 2 23*500 Waitotara 1 6,163 North Canterbury ..' " 1 3000 Wanganui .. .. .. 2 4,000 Opotiki .. 1 o'wo Weber 2 4,264 Palmerston North .. 1 57614 Whakatane 1 72,953 South Canterbury .. .. 1 22'900 Whangamomona .. .. 1 2,191 Stratford 1 ls's^q Whangarei .. .. .. 6 8,350 Taranaki .. " 2 34' «7 Whangaroa 1 7,059 Taumarunui .. .. !1 4 3 ' 989 Woodville .. .. .. 1 2,400 Tauranga 1 5^92 Vincent .. .. .. X 2'993 . n , ClTIBS - Waikato 2 38'661 Auckland .. .. .. 2 141,600 Wairarapa .. .. [ ]2 ' 0 0n Christchurch 1 8,700 Wanganui .. .. " 2 "3 500 Dunedin .. .. .. 1 10,000 Wellington 3 185^08 Invercargill 2 152,792 Westland .. .. 1 7 '0oo Palmerston North .. .. 2 302,100 Whangarei 1 6^78 Wanganui 1 70,000 Whangaroa .. ." 2 1 185 Wellington ...... 4 300,000 ' ai \ i Dbainagb Boards. Rabbit-peoof Fencing Boabds. Aka Aka I 700 Maru .. 1 500 Auckland and Suburban .. 1 50,000 Te Aria 1 500 Buckley .. .. .. 1 4,230 Waotu " " 1 Christchurch .. „. .. 1 40,900 ' ' Dunedin .. .. .. 1 10,'000 Kirikiriroa . .. .. i 300 Riveb Boabds. Lower Mangapiko .. .. 3 3,750 Elephant Hill 1 1 550 Manawatu .. .. .. 2 4,740 Hawke's Bay . 1 17'198 Ngaroto 1 2,000 Hutt ' " l 7 ' 0 09 ®; au P° 1 5,577 Kahutara .. .. " 1 7 ' 76 n Sluggish River .. .. 1 1,000 Matau .. 2 2^00 Taupin Drainage and River .. 1 15,000 Opio . . .. .. 1 '400 Te Rapa .. .. .. 2 620 Otaki . . .. .. 1 1 435 Otanomomo .. .. 1 ]' 100 Electric-power Boabds. Tokomairiro .. .. .. 1 2' 181 Auckland .. .. .. 1 10,800 Waikiwi .. .. 1 6'578 Banks Peninsula .. .. 1 60,800 Waimatuku .. ' 1 3'830 Bay of Plenty .. .. 1 98,000 Wairau . 3 o' wn Cambridge ...... 1 43,000 Central Hawke's Bay .. .. 1 10,627 Central Waikato .. .. 2 57,724 Road Boards. Dannevirke .. .. .. 1 53,480 Inchclutha .. .. .. 2 1 100 Franklin .. .. .. 1 73,700 Mount Roskill . 2 54 805 Malvern 1 1,300 Mount Wellington .. .'! 1 58' 200 Manawatu-Oroua .. .. 2 32,513 Pigeon Bay . ] o'koo Marlborough.. .. .. 1 22,000 " " ' North Canterbury .. .. 1 10,500 Opunake 1 65,240 Town Boards. Otago Central .. .. 6 50,631 ElWalia . 1 23 300 0ta g° •• •• 1 12,600 Glen Eden .. .. " 1 ' 8 50 Poverty Bay.. .. .. 3 21,100 Haveloek North .. 1 1 990 South Canterbury .. .. 1 4,200 Helensville .. 1 2'371 Southland .. .. .. 1 132,922 Henderson .. .. .. 1 6 '200 South Taranaki .. .. 4 162,972 Hikurangi .. 1 4'687 Springs-Ellesmere .. .. 1 49,100 Hunterville .. .. !! 1 4'900 Taranaki .. .. .. 2 290,393 Johnsonville .. .. .. 1 3'260 Tararua .. .. .. 4 43,400 Kamo .. .. .. 2 l'887 Tauranga .. .. .. 2 118,150 Kaponga .. .. .. 2 ll'872 Te Awamutu . . .. I 63,550 Leamington .. .. 1 2' 842 Thames Valley .. .. 2 268,243 Leeston .. .. 1 3' 4 5 0 Wairarapa .. .. .. 1 9,900 Manaia .. .. .. 1 ' 70 2 Wairere .. .. .. 1 10,000 Mangaweka .. .. .. 2 1 800 Wairoa .. .. .. 1 16,284 Manunui .. .. 1 l'550 Waitemata .. .. .. 4 31,046 Mercer .. .. 1 '500 Wanganui-Rangitikei .. .. 1 43,256 Onerahi. .. .. 1 400 Opunake .. .. .. 1 3 198 I<iee Boards. Papakura .. .. .. 1 14' 990 Hamilton .. .. .. 1 3,825 Papatoetoe .. .. 1 10' 300 Palmerston North .. .. 1 1,041 Raglan .. .. .. 1 5^852 Southbridge .. .. .. 1 3 361 Harboue Boards. Takaka .. .. 1 '489 Bay of Islands .. .. 1 37,203 Taradale .. .. 1 5 440 Foxton •• •• •• 1 12,535 Tuakau .. .. .. 1 9 ' 0 60 Mokau .. .. .. 1 1,000 Waiuku .. .. .. 1 12*900 Napier .. .. .. 1 49,300 Warkworth .. .. .. 1 ']30 Nelson .. .. .. 1 76,300 New Plymouth .. .. 1 61,000 Water Boards. P atea •• •• 1 7,560 Waimakariri-Ashley .. .. 1 7 509 Tauranga .. .. .. 1 30,200 TokomaruBay .. .. 1 14,506 Riveb Trusts. Wanganui .. .. .. 1 136,000 Ashley .. .. .. 1 2 000 Wellington .. .. .. 1 50,000 Waimakariri .. .. .. 1 l'ooo Whakatane 1 61,391 ' Whangarei .. .. .. 1 18,415 £8,674,244

B.—lo.

PUBLIC SECURITIES HELD BY THE PUBLIC TRUSTEE AS SINKING FUND COMMISSIONER FOR THE WESTPORT HARBOUR UNDER SECTION 13 OF THE FINANCE ACT, 1928.

The difference in each of the above cases represents the total interest calculated over the whole period and added to principal to arrive at equal half-yearly payments to liquidate principal and interest.

PUBLIC SECURITIES HELD BY THE NATIVE TRUSTEE.

PUBLIC SECURITIES HELD BY THE STATE ADVANCES CORPORATION OF NEW ZEALAND. Housing Branch.

23

Particulars of Security. Amount held PnIchased or Amount held as at taSri Sold, renewed, as at ~ „ f 31st March, , or redeemed. 31st March, „ , . r, Maturity Hate 01 i qqa m xvenewal. iqq'7 Nature of Security. Date / interest. 19S6 ' 1937 - New Zealand Government Securities. % £ £ £ £ New Zealand Loans Act, 1932 (Stock) .. .. 15/1/40 4 29,375 .. 29,375 .... 15/1/57 3§ .. 29,375 .. 29,375 15/2/46 4 29,375 .. .. 29,375 .... 15/4/49 4 29,375 .. .. 29,375 .... 15/6/55 4 29,370 .. .. 29,370 Westport Harbour Board Act, 1920, Westport Harbour 1/1/49 4 10,500 .. .. 10,500 Board Act, 1884, and Loans Act, 1896, 1897, and 1900 Local Authorities' Securities. Oxford County Council Debentures .. .. •• 1/4/36 4£ 200 .. 200 1/4/37 4J 200 .. .. 200 1/4/38 4J 200 .. .. 200 1/4/39 4| 200 .. .. 200 1/4/40 4i 300 .. .. 300 1/4/41 4J 300 .. .. 300 1/4/42 4J 300 .. .. 300 Wanganui-Bangitikei Electric-power Board .. .. Various 4} 5,200 .. 169 5,031* Waverley Town Board .. .. .. .. ,, 4] 6,700 .. 218 6,482'j" Patea Borough Council .. .. .. •• 1/4/55 4J 605 .. .. 605 1/4/56 4|- 1,850 .. .. 1,850 1/4/57 4J 1,000 .. .. 1,000 1/4/58 4-i 925 .. .. 925 1/4/59 4J 620 .. .. 620 146,595 29,375 29,962 146,008 ' I * In this instance the actual holding now is thirty-eight debentures of £194 5s. 8d., totalling £7,382 15s. 4d. f In this instance the actual holding is now thirty-eight debentures of £250 7s. 6d., totalling £9,512 7s.

Particulars ol Security. Amount held Pnr p h ,, p(1 „ r Amount held 1 aa at or Sold, renewed, as at ' „ , a ., Maturity Kate oi Sl3t " a R roh - in Renewal. ""«deemed. 31st March, Nature of Security. Date. Interest. 1936 ' 1937 - Held in New Zealand. Local Authorities' Securities. BOROUGHS. % £ £ £ £ Hamilton .. .. .. . ■ • • • • 1/2/47 4J- 100 .. .. 100 Patea .. .. .. .. ■■ •• Various 4J 5,000 .. .. 5,000 Flat Mortgages. Mortgages.. .. .. .. •• •• Various Var. 472,158 9,556 22,801 458,913 Mortgages (special investments) .. .. .. „ » 11,056 .. 250 10,806 Properties acquired .. .. .. .. •• >> >> 12,341 1,151 803 12,689 500,655 10,707 23,854 487,508

Particulars of Security. Amount held p 1ir phAspf1 r>r Amount held as at itonS Sold, renewed as at u.t..! 31st March, or redeemed. 31st March, __ . , „ ... Maturity Hate ol 1Q oa in .Renewal. 10 „- ' Nature ol Security. Date / interest. 1937 - % £ £ £ £ Agreements for sale and purchase .. ■■ .. Various 5* 251,254 691 102,225 149,720 6 ...... 5 285 1,056 249 1,092 „ 6 1,056 58 1,056 58 " .. .. .. „ 7f 322 .. 157 165 Local authorities debentures .. .. .. .. 15/3/67 3 .. 1,375 .. 1,375 252,917 3,180 103,687 152,410 * Reducible by | per cent, if paid within seven days of due date. t Reducible by 2 per cent, if paid within fourteen days of due date.

B,—lo.

PUBLIC SECURITIES HELD BY THE LANDS AND SURVEY DEPARTMENT.

PUBLIC SECURITIES HELD BY THE NIUE ISLAND ADMINISTRATION.

OTHER SECURITIES.

24

Particulars of Security. Nntnrp of Sppnritv Amount held as at Nature ol becunty. 31gt Marchj lg37> Mortgage advances — Discharged Soldiers Settlement Account*— £ Current Account .. .. .. .. .. .. 1,025 Instalment .. .. .. .. .. .. 11,311 Land for Settlements Account— Current Account .. .. .. .. .. .. 183,602 Instalment .. .. .. .. .. .. 11,870 Small Farms Accountf — Current Account .. .. .. .. .. .. 116,693 Instalment .. .. .. .. .. .. 72,695 Advances secured under Agreements— Small Farms Account .. .. .. .. .. 39,190 £436,386 * During the year discharged-soldiers-settlement mortgages amounting to £11,526,050 were taken over by the State Advances Corporation and as consideration therefor the Corporation issued to the Minister of Finance stock amounting to £8,760,000, the balance of the amount owing to the Crown on account of the mortgages taken over being shown as a contingent liability in the books of the Corporation. t Mortgages have not been taken in all cases. The securities are held in district offices of the Department.

Particulars of Security. Maturity Bate of Amount held as at 3 Date. Interest. 31st March. 1937. % £ New Zealand Loans Act, 1932 (Debentures).. .. 1/1/56 3| 2,206 „ 1/1/56 3 750 Fixed-deposit receipt .. .. .. .. .. .. 250 3,206 Held by Niue Island Administration Fruit Account— New Zealand Loans Act, 1932 (Debentures) .. 1/1/56 3J 1,000 4,206

Securities. 31st March, 1937. Agricultuee Depaetment. £ Promissory notes .. .. .. .. .. .. .. 229 State Foeest Seevioe. Promissory notes .. .. .. .. .. .. .. 125,697 Native Depaetment. Advances to the Native Trustee, Maori Land Boards, and to Native land- 939,385 development schemes secured under sections 340, 521, and 522 of the Native Land Act, 1931 Pensions Depaetment. Mortgages .. .. .. .. .. .. .. 3,608 Public Woeks Depaetment. Main Highways Board agreements (road construction) .. .. .. 98,715 Main Highways Board agreements (sale of plant) .. .. ... 27,058 Public Works Department agreements (sale of plant) . . . . .. 478 Miscellaneous agreements . . .. .. .. .. .. 5,526 Taieri River Trust .. .. .. .. .. .. .. 77,633 Railways Department. Mortgages under Government Railways Amendment Act, 1927 (section 15), 1,319 and Government Railways Amendment Act, 1928 (section 8) Department oe Industries and Commeeoe, Toueist, and Publicity. Mortgages .. .. .. .. .. .. .. .. 17,810 Labour Department—Employment Division. Debentures.. .. .. .. .. .. .. .. 13,689 Mortgages .. .. .. .. .. .. .. .. 26,766 Agreements .. .. .. .. .. .. .. 63,243 Promissory notes .. .. .. .. .. .. .. 1,423 £1,402,579

B—lo.

SUMMARY OF SECURITIES HELD BY THE UNDERMENTIONED OFFICES AS ON 31st MARCH, 1937.

In addition to the above securities the Minister of Finance holds stock amounting to £29,960,000 iss ued by the State Advances Corporation as consideration for the mortgages taken over from the State Advances Oihce and £8,760,000 as consideration for the mortgages taken over from the Discharged Soldiers Settlement Account m terms of'section 38 of the State Advances Corporation of New Zealand Act, 1934-35. J. H. Fowlek, Controller and Auditor-General.

Approximate Cost of Paper—Preparation, not given ; printing (477 copies), £52 10s.

By Authority: E. V. Paul, Government Printer, Wellington. —1937.

Price 9d.]

4—B. 10.

25

,, , ., tj , . Amount held Purchased or I s ,, Ienewe< i Amount held Held In Maturity Bate of as 131 t issued in bo'd renewed, 131 j ueici in Date interest. MaIch; 1936. renewal. ] or retteemeQ - March, 1937. £ £ £ £ Post Office .. .. ;; ;; Common Various Various 52,791,240 7,731,880 1,673,252 58,849,868 Government Accident Insurance Office .. Dominion „ „ 378,608 g 32,996 State Fire Insurance Office .. .. „ ,» » g'575'934 16 168,974 16,522,908 5,222,000 Treasury .. •• -• •• » » ~42'645 829,115 35,000 London 387 422 4,877,975 4,697,976 567,421 '• if. . " " " SO 097 2 562 29,537 SSfflfflSUw:: :: " : " '•»:« >■«?.» m2 -' m 8 SS Stete Advances Office .. -- Dominion ,, ;l 4'■Vf4,550,194 mSS» Public Trust Office .. .. •• Lon( j' on 29,000 275,000 264,000 40,000 Public Trust (Westport Harbour Sinking Dominion „ „ 146,595 29,375 29,962 AT^ und > . 500,655 10,707 23,854 487,508 Native Trustee .. .. „ , lsn inq «07 152 410 State Advances Corporation (Housing ,, „ » .,52,917 3, Branch) 11 368 463 . 10,932,077 436,386 Lands and Survey Department .. „ „ » ll,.wo,*oo 4 206 . 4,206 Niue Island Administration .. .. „ » .» 277 661 124'918 . ! 1,402',579 .Miscellaneous .. .. • • • • ■ • • ■ ' ' 122,812,415 j 35,805,407 40,316,451 118,301,371