PUBLIC SECURITIES HELD IN THE DOMINION OR ELSEWHERE AS ON THE 31st MARCH, 1943 (RETURN OF), TOGETHER WITH AN ACCOUNT OF ALL SECURITIES REDEEMED OR OTHERWISE DISPOSED OF DURING THE YEAR ENDED 31st MARCH, 1943, AS PROVIDED BY SECTION 107, SUBSECTION (2), OF THE PUBLIC REVENUES ACT, 1926

Appendix to the Journals of the House of Representatives, 1943 Session I, B-10

B.—lo.

1943 NEW ZEALAND

PUBLIC SECURITIES HELD IN THE DOMINION OR ELSEWHERE AS ON THE 31st MARCH, 1943 (RETURN OF), TOGETHER WITH AN ACCOUNT OF ALL SECURITIES REDEEMED OR OTHERWISE DISPOSED OF DURING THE YEAR ENDED 31st MARCH, 1943, AS PROVIDED BY SECTION 107, SUBSECTION (2), OF THE PUBLIC REVENUES ACT, 1926

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

INDEX

PAGE Government Insurance Office .. .. ~ .. .. 4 Government Accident Insurance Office .. .. .. ~ ~ _ 4 Lands and Survey Department .. .. .. .. ~ 22 Mines Department .. .. ~ .. .. ~ , > g Native Trustee ~ .. .. .. ~ ~ _ _ _ _ 7 New Zealand Reparation Estates, Samoa .. ~ .. .. .. ' .. 7 Niue Island Administration .. .. .. .. ~ _ _ _ 7 Other Securities (Departments of Agriculture, Forestry, Industries and Commerce, Tourist and Publicity Marketing, Social Security, Native, Public Works, and Railways) .. .. .. .. .11 Post Office .. .. ~ .. .. ~ _ _ _ _ 2 Public Trust Office .. .. .. ~ ~ , _ g State Advances Corporation (Housing Branch) .. .. .. .. . 7 State Fire Insurance Office .. .. .. ~ .. ~ _ 3 Summary, &c. .. .. .. .. ~ .. .. _ . _ j2 Treasury .. .. ~ ~ .. , _ # _ _ _ _ _ g Westport Harbour .. .. .. ~ ~ ~ ~ _ t _ t 7

I—B. 10

B —10.

PUBLIC SECURITIES HELD BY THE POST OFFICE SECURITIES HELD IN RESPECT OF SAVINGS-BANK INVESTMENTS

SECURITIES HELD IN LONDON

SECURITIES HELD IN RESPECT OF POST OFFICE INVESTMENT CERTIFICATES

2

Particulars of Security AmomttoW PureMsed or gold) renewed , j . ~ 8ist starch • fe s ? e 5 i or redeemed. 31at March, . Maturity Hate of m .Renewal. 1043. Nature of Security. j J)ote / interest. 1!)42 ' Held in New Zealand % £ £ J Arawa District Trust Board (Deed of Charge) .. 1/4/55 4 18,498 .. " State Advances Corporation of New Zealand (Stock) .. 1/9/55 3§ 211,510 .. ° 1/8/60 3# 1,260,000 .. •• 1,260,000 1/8/63 3f 660,000 .. •• 660,000 1/8/72 3| 750,000 .. . • 750,000 " t " .. 1/8/75 3| 6,500,000 .. 6,500,000 New Zealand Government Securities New Zealand Loans Act, 1932 (Stock) .. .. 15/9/47 2J .. " ,^'^n 15/1/57 21 1,417,000 457,710 .. 1,874,710 15/5/57 21 1,417,000 .. •• 1,417,000 " .. 15/8/57 21 1,417,000 15,817,933 .. 17,234,933 15/2/58 21 1,417,000 2,189,835 .. 3,606,835 15/6/58 21 1,417,000 .. . . 1,417,000 " " .. 15/9/58 21 1,417,000 J,261,400 •• 2,678,400 .. 15/12/58 2J 2,842,000 .. .. 2,842,000 15/3/59 21 .. 2,537,015 .. 2,537,015 15/7/59 21 .. 2,980,679 .. 2,980,679 " " .. 1/4/46 3 1,102,743 5,000 .. 1,107,743 .... 15/5/56 3 .. 500,000 .. 500,000 1/1/56 3 250,000 .. .. 250,000 15/5/57 3 5,511,831 .. .. 5,511,831 .... 1/2/57 3 93,720 .. .. 93,720 15/8/57 3 4,867,933 700,000 4,867,933 700,000 .. 15/12/58 3 15,744.383 .. .. 15,744,383 15/3/59 3 964,755 .. 964,755 15/7/59 3 2,980,679 .. 2,980,679 .. 15/10/59 3 .1,703,036 .. .. 1,703,036 .. 15/11/59 3 4,245,535 .. .. 4,245,535 " " 15/1/57 31 457,710 .. 457,710 15/5/57 3J 1,395,086 ... .. 1,395,086 15/2/58 31 2,189,835 .. 2,189,835 .. 15/6/58 31 1,521,250 .. .. 1,521,250 15/9/58 31 1,261,400 .. 1,261,400 15/3/59 3$ 1,572,260 .. 1,572,260 15/6/55 4 520,000 50,000 .. 570,000 15/3/59 4 630,640 .. .. 630,640 1/8/54 3 200,000 .. .. 200,000 67,956,804 26,999,572 14,313,070 80,643,306 Local Authorities' Securities £ £ £ Local Authorities securities .. .. .. .. Various Var. 518,817 .. 24,581 494,236 Tota l .. .. 518,817 .. 24,581 494,236

Fartioulars of Security. On hand 31st March, 1942. p urchase( i, So)d _ On hand 31st March, 1943. (a)Nominal; (a)Nominal; Nature of Security. | M^ y Nomina1 ' | Co9t ' ( " )C ° Bt ' (6)C ° 8t ' NominaI " Co8t " % £ £ £ £ £ £ Canadian Stock 1/10/47 2} 12,667 10,133 .. .. 12,667 10,133 1958-63 3J 5,000 5,000 .. .. 5,000 5,000 Commonwealth of Australia Stock .. 1946-49 3J 1,773 1,773 .. ■ 1,773 1,773 "Egyptian Government Guaranteed Bonds .. 3 19.700 15,900 .. 16,200 13,075 Imperial War Loan .. .. 1/12/52 3i 425,625 453,940 {g 'jgjj} .. 428,926 457,440 New Zealand Consolidated Stock .. 1/4/45 3 2,260,495 2,244,583 .. .. 2,260,495 2,244,583 New Zealand Loans Act, 1932 (Stock) .. 15/1/57 3 12,900 12,965 .. .. 12,900 12,965 South Australian Stock .. .. 1955-70 4 12,000 12,000 .. .. 12,000 12,000 Union of South Africa Stock .. .. 1954-64 3 230,000 189,085 .. ... 230,000 189,085 Victorian Stock 1/1/29-49 3 12,380 10,709 .. .. 12,380 10,709 Total, Securities held in London .. . . .. 2,992,540 2,956,088 | jj;2,992,341 2,956,763

Particulars of Security. Amount held nr Amount held as at ,w ( l Sold, renewed, as at Mitnritv -Kate of 31st March, in Renewal or redeemed. 31st, March, Nature of Security. Date IntCTest. 1942 ' Renewal. 1948. Old Issue ' % £ £ £ £ New Zealand Loans Act, 1932 (Stock) .. .. 15/6/55 4 6,040 .. .. 0,040 New Issue New Zealand Loans Act, 1932 (Stock) .. .. 15/6/55 4 5,7.10 .. .. 5,710 Six-year Currency New Zealand Loans Act, 1932 (Stock) .. .. 1/4/46 3 80,000 .. .. 80,000 .... 15/6/55 4 250,900 .. 50,000 200,900 Total .. .. .. •• •• 342,650 .. 50,000 292,650

B.—lo.

Public Securities held by the Post Office—continued

PUBLIC SECURITIES HELD BY THE STATE FIRE INSURANCE OFFICE

3

Particulars of Security. Amount held Amount held ; : ?! as at, Sol(i > renewed, as at Maturity Bate of :i3s1, Mardl ' in Renewal or redeemed ' 3lBt Maroh, Nature of Security. Date Interest. lu42 ' renewal. mg SECURITIES HELD IN RESPECT OF NATIONAL SAVINGS BONDS % £ £ £ £ New Zealand Loans Act, 1932 (Stock) .. .. .. 15/12/58 3 3,240,000 .. .. 3,240,000 15/8/57 3 .. 1,510,000 .. 1,510,000 Total .. .. .. .. •• 3,240,000 1,510,000 .. 4,750,000 SECURITIES HELD IN RESPECT OF NATIONAL SAVINGS INVESTMENTS % £ £ £ £ New Zealand Loans Act, 1932 (Stock) ' .. 15/12/58 3 2,781,000 .. .. 2,781,000 .... 15/8/57 3 .. 2,100,000 .. 2,100,000 Total .. .. .. .. .. .. 2,781,000 2,100,000 .. 4,881,000 SECURITIES HELD IN RESPECT OF DEPRECIATION AND OTHER RESERVE FUNDS % £ £ £ £ State Advances Corporation of New Zealand (Stock) .. 1/8/63 3f 780,000 .. .. 780,000 New Zealand Loans Act, 1932 (Stock) .. .. 15/9/47 2£ .. 1,000,000 .. 1,000,000 .... 1/4/46 3 50,000 .. .. 50,000 .... 1/1/56 3 111,700 .. .. 111,700 .... 15/5/57 3 152,172 .. .. 152,172 .... 15/8/57 3 300,000 .. .. 300,000 .... 15/12/58 3 2,800,000 .. 1,300,000 1,500,000 .... 15/3/59 3 205,491 .. .. 205,491 .... 15/7/59 3J 380,000 .. .. 380,000 .... 1/1/50 4 100,000 .. .. 100,000 .... 15/8/57 4 1,355,710 .. .. 1,355,710 (Treasury Bills) .. 10/9/42 li 1,000,000 .. 1,000,000 Total .. .. .. .. .. ■■ 7,235,073 1,000,000 2,300,000 5,935,073 SUMMARY OF SECURITIES HELD BY POST OFFICE % £ £ £ £ Securities held in New Zealand in respect of Savings-bank Various Var. 07,956,804 26,999,572 14,313,070 80,643,306 investments Local Authorities securities .. .. .. .. „ „ 518,817 .. 24,581 494,230 Securities held in London .. „ „ 2,992,540 3,301 3,500 2,992,341 71,468,161 27,002,873 14,341,151 84,129,883 Securities held in respect of Post Office investment Various Var. 342,650 .. 50,000 292,650 certificates Securities held in respect of National Savings Bonds .. ,, ,, 3,240,000 1,510,000 .. 4,750,000 Securities held in respect of National Savings Investments ,, „ 2,781,000 2,100,000 .. 4,881,000 Securities held in respect of depreciation and other Reserve „ „ 7,235,073 1,000,000 2,300,000 5,935,073 Funds Total .. .. .. .. 85,066,884 31,612,873 16,691,151 99,988,606

Particulars of Security Amount held p lir „T, oaor i Amount held - as at irSi Sold, renewed, as at u I Maturity Rate of 31st March, in 1Umewal . or redeemed. 31st March, Nature ot Security. |. Date / interest. 1042 ' 1M3 ' Helu in New Zealand New Zealand Government Securities % £ i £ £ Now Zealand Loans Act, 1932 (Stock) . • .. 15/9/60 3| 117,715 .. .. 1.17,715 .... 15/5/52 4 212,910 .. .. 212,910 .... 15/2/46 4 66,610 .. .. 66,610 .... 15/4/49 4 87,970 .. .. 87,970 .... 15/6/55 4 15,400 .. . . 15,400 .... 15/1/57 3J 143,000 .. .. 143,000 .... 1/10/53 2J 50.000 .. .. 50,000 .... 1/8/54 3 50,000 .. .. 50,000 .... 15/9/55 3 .. 25,000 .. 25,000 (Treasury Hills) .. 10/9/43 1£ 60,000 120,000 120,000 60,000 Local A uthorities'' Securities Local Authorities'securities .. .. .. .. Various Var. 226,218 5,000 8,147 223,071 Other Securities Debentures under Masterton Trust Lands Trust Empowering 31/3/44 4 1,600 .. 900 700 Act, 1923 Ditto . . .. . ■ • ■ • • ■ • 31/3/46 3J 520 .. 130 300 Masterton Trust Lands Trus#Debentures under section 70, 26/1/57 3J 3,000 .. 200 2,800 Local Legislation Act, 1936 Rural Advances Act, 1926 .. .. .. • • 15/9/47 5* 15,000 .. .. 15,000 State Advances Corporation of New Zealand (Stock) .. 1/9/60 3| 5,000 .. .. 5,000 Fixed Deposits .(Bank of New Zealand) .. .. 4/7/42 2J 20,000 ... 20,000 31/7/42 If 5,000 .. 5,000 .. 30/10/42 If 10,000 .. 10,000 .. 11/11/42 If 5,000 .. 5,000 1/3/43 If 30,000 .. 30,000 31/7/43 1| .. 5,000 .. 5,000 .. 30/10/43 If .. 10,000 .. 10,000 .. 11/11/43 If .. 5,000 .. 5,000 1/3/44 If .. 30,000 .. 30,000 1,124,943 200,000 199,377 1,125,566 Land and house property .. .. .. .. .. .. 231,226 27,894 25,492 233,628 1,356,169 227,894 224,869 1,359,194 * Subjcct to 20 per cent, interest-tax under Finance Act, 1982-33.

k—lo.

PUBLIC SECURITIES HELD BY THE GOVERNMENT ACCIDENT INSURANCE OFFICE

PUBLIC SECURITIES HELD BY THE NEW ZEALAND GOVERNMENT INSURANCE DEPARTMENT

4

Particulars of Security. Amount held p, irr >hoe Pf i nr Amount held _ _ as at . lifpd Sold, renewed, as at v , I Maturity Rate of 81»t March, in or redeemed. 31st March, Nature of Security. j Date / interest. 1J42 ' iJ43 ' Held in New Zealand New Zealand Government Securities % £ £ £ £ New Zealand Loans Act, 1932 (Stock) .. .. 15/9/60 3J 69,030 .. .. 69,030 1/8/54 3 50,000 .. .. 50,000 15/5/52 4 47,500 .. .. 47,500 .... 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 .... 1/10/53 2J 50,000 .. .. 50,000 .... 15/9/55 3 .. 25,000 .. 25,000 (Treasury Bills) .. 10/9/43 85,000 170,000 170,000 85,000 Local Authorities' Securities Local Authorities'Securities .. .. .. .. Various Var. 194,603 .. 13,535 181,068 rtiiTnl /i iiDnxt co q n Rural Advances Bonds under Rural Advances Act, 1926.. 15/9/47 5* 5,000 . . .. 5,000 State Advances Corporation of New Zealand Stock .. 1/9/60 3} 5,000 .. .. 5,000 612,283 1.95,000 183,535 623,748 * Subject to 20 per cent, interest-tax under Finance Act, 1032-33.

Particulars of Security. Amount held p 1ir nhn<»pH nr Amount held as at 1 Ur^ 1Pf ? 01 Sold, renewed, as at w , r<1 .. Maturity Bate of 31st March, in E^al . or redeemed. 31st March, Nature of Security. Uate interest. 1942 ' 1948 ' Held in New Zealand New Zealand Government Securities % £ £ £ £ New Zealand Loans Act, 1932 (Stock) .. .. 15/9/57-60 3£ 591,785 .. .. 591,785 .... 15/2/40 4 188,750 .. .. 188,750 „ .... 15/4/49 4 188,510 .. .. 188,510 „ .... 15/6/55 4 49,740 .. .. 49,740 .... 15/5/52 4 512,390 .. .. 512,390 15/1/57 3£ 182,060 .. .. 182,060 .... 31/5/58 4 90,000 ... .. 90,000 1/10/53 2it 92,180 .. .. 92,180 .... 1/8/46 2| 10,000 .. .. 10,000 .... 1/8/51-54 3 150,000 .. .. 150,000 .. 15/9/52-55 3 100,000 300,000 .. 400,000 .... 15/5/53-56 3 .. 300,000 .. 300,000 .... 15/1/59 3J- 50,000 .. .. 50,000 .... .. .. 50,000 .. 50,000 New Zealand Loans Act, 1932 (Treasury Bills) .. .. Various 1$ 100,000 450,000 450,000 100,000 Rural Advances Bonds Rural Advances Act, 1926 .. .. .. .. 15/9/47 5* 90,000 .. .. 90,000 15/9/47 5* 86,000 .. .. 86,000 Local Authorities' Securities Local Authorities'securities .. .. .. .. Various Var. 2,143,705 177,900 64,046 2,257,619 Miscellaneous Securities Landed and house property (freehold) .. .. Various Var. 511,356 1,189 6,999 505,546 Landed and house property (leasehold) .. .. „ ,, 515 . . 172 343 Properties acquired on default of mortgagors .. .. „ „ 23,857 11,154 2,030 32,981 Mortgages.. .. .. .. •• „ „ 5,045,120 113,512 238,360 4,920,272 Securities held in London New Zealand Consolidated Stock inscribed at Bank of 1/4/45 3 625,900 . . . . 625,900 England 10,831,868 1,403,815 761,607 11,474,076 * Subject to reduction under Local Authorities Interest Reduction and Loans Conversion Act, 1932-33. f Free to 1st October, 1943,2J per cent, thereafter.

£.—lO,

PUBLIC SECURITIES HELD BY MINES DEPARTMENT

PUBLIC SECURITIES HELD BY THE PUBLIC TRUST OFFICE

5

Particulars of Security. Amount hold Pur( , ha9 „ fl nr Amount held : as at Sold, renewed, as at Nature of Security Maturity Bate of 31st March, , or redeemed. 31st March, 01 &ecu »ty. Date interest. 1942 ' 19«I fltate Coal-mines Account % £ £ £ £ Mortgages: Housing loans to State Coal-miners .. Various 4J 33,628 23,440 2,848 54,220 Mortgages and miscellaneous securities .. .. „ 5 5,800 1,302 804 6*298 Mining Advances Account . Mortgages with mining companies .. .. .. .. 5 14,910 .. .. 14 910 Mines Department Agreement to purchase Waimea-Kumara Water-races: 31/7/52 5| 6,243 .. .. 6,243 Westland Power, Ltd. Miscellaneous securities .. .. .. .. Various Var. 72,847 25,532 8,126 90,253 133,428 50,274 11,778 171,924

Particulars of Security. Amount, held .... Amount held ; as at 01 Sold, renewed, as at Nature of Security. | ™ ty " ' '»»"■' or redee ™ d ' 3l8 ™'' Held in New Zealand % £ £ £ £ Mortgages .. .. .. .. .. .. Various Various 14,896,988 457,982 874,070 14,480,300 Local Authorities'securities .. .. .. .. Various Various 7,786,549 80,560 284,706 7,582,403 New Zealand Government Securities New Zealand Loans Act, 1932 (Treasury Bills) .. .. 11/5/42 1| 250,000 .. 250,000 „ ' •• 30/6/42 1J 325,000 .. 325,000 !! •• 9/7/42 1|- .. 150,000 150,000 •• 11/8/42 li .. 250,000 250,000 ■ ■ • • 30/9/42 1J .. 250,000 250,000 •• 7/1/43 1J .. 100,000 100,000 9/1/43 4 .. 25,000 25,000 .... 31/3/43 1|- .. 100,000 .. 100,000 31/3/43 l| .. 50,000 .. 50,000 9/4/43 1£ .. 25,000 .. 25,000 ■• •• 31/3/43 1J .. 50,000 .. 50,000 •• 31/3/43 H .. 25,000 .. 25,000 ,S >, .... 31/3/43 1| .. 40,000 .. 40,000 31/3/43 1J .. 50,000 .. 50,000 .... 31/3/43 li .. 35,000 .. 35,000 >» » .... 31/3/43 H .. 35,000 .. 35,000 National Savings Bonds .. . . . . .. 9/12/45 . . 200 .. . . 200 New Zealand Loans Act, 1932 (Stock) .. .. .. 1/10/53 .. 13,555 .. .. 13 555 » .. •• •• 1/8/46 2J 40,000 300 .. 40,300 >> » ■ • • ■ 1/8/54 3 33,330 200 . . 33 530 15/8/57 3 255,000 534,500 ISQ',500 15/9/60 3i 1,316,580 1,880 .. 1,318,460 15/3/45 4 8,550 .. .. 8,550 15/1/57 3 34,000 .. 34,000 >» .. 15/1/57 3J 3,954,115 50,505 .. 4,004'620 >. • • ■ ■ ■ ■ 15/12/58 3 420,000 . . . . 420,000 j. ■■ 15/1/59 3J 660,380 1,000 .. 6611380 1/4/46 4 125 1,400 .. 1525 15/2/46 4 1,201,305 51,215 .. 1,252 520 15/4/49 4 1,305,835 18,425 .. 1,324,260 ,, „ •• •• •• 15/6/55 4 726,010 31,530 .. 757,540 15/9/47 4 2,304,100 .. .. 2 304 100 15/5/52 4 282,520 2,970 .. '285'490 •• 30/11/48 4 205,500 500 .. 206,000 ,, „ .. •• 15/8/57 4 700,000 .. .. 700,000 31/5/58 4 341,050 10,250 .. 351300 15/5/48 2J .. 230 230 15/9/55 3 .. 513,100 .. 513,100 15/5/56 3 .. 400,310 .. 400,310 22/5/60 Si .. 800 .. 800 Rural Advances Act, 1926 (Rural Advances Bonds) .. 15/9/47 5* 900 .. .. 900 State Advances Corporation of New Zealand (Stock) .. 1/9/60 3| 130,000 .. .. 130 000 1/6/44 3J 1,000 1,000 " 2*000 Property acquired by foreclosure .. .. .. .. .. 306,255 4,438 23,965 286,728 Advances to protect security .. .. .. .. .. .. 71,428 10,899 10,288 72^039 Promissory notes and loans .. . . . . . . . . .. 10 .. 10 Leasehold and freehold property and balance purchase- .. .. 381,541 292 12,845 368 988 money on premises sold Fixed Deposit Receipts .. .. .. .. .. .. .. 2,650 200 2,450 • Held in London Midland Bank, Ltd. .. .. .. .. At call | .. 10,000 10,000 ». •• •• r >. i 5,000 .. 5,000 !! I ■■ 15,000 .. 15,000 ». •• •• •• •• i 10,000 10,000 „ 2 30,000 .. 30,000 .» ■ • • • • ■ • ■ .» 2 8,000 .. 8,000 37,964,826 3,426,936 2,589,684 38,802,078 * Subject to reduction under Local Authorities Interest lieduetion and Loans Conversion Act. 1932-33.

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, 1943. Mortgages Common Fund of the Public Trust Office — 520,556 Flat mortgages .. •• •• •• •• ■■ " " " " 3^578^311 Instalment mortgages . • •• •• •• •' '' " ■' I*lo4 114 Public Service Superannuation Fund .. •• ■■ •• " •' '531'930 Teachers'. Superannuation Fund .. . • •• ■■ •• •• '• '' '' 594 031 Railways Superannuation Fund . • •• •• •• '• '' '' '' 946'358 National Provident Fund .. ■ ■ •• •• •• " " " " 105 000 Land Settlement Finance Act Associations .. •• ■■ ■■ •• '• '' _ 14,480,300 Local Authorities' Securities „ , , „. .. rr t I\m ■ • • • • 6,089,362 Common bund of the Public ! rust Omce ■ ■ • • • • • ■ • Special investments outside the Common Fund ■ Agencies .. • • Estate — n 345 Permanent •• ■■ •• •• '' " " 90,725 n 1 .... 637^869 Public Service Superannuation r unu .. •• •• •• • 139,346 Teachers' Superannuation Fund •• •• •• ' ' ' ' '' 191 466 Railways Superannuation Fund .. •• •• ■' 433,635 National Provident Fund .. •• •• " " " " _1 7,582,403 " Government Securities Common Fund of the Public Trust Office .. •• 1,347.615 Public Service Superannuation Fund . ■ • ■ • • • • • ■ '' 188,945 Teachers' Superannuation Fund .. •• •• •• '' j 354'845 Railways Superannuation Fund .. •• •• •• •• •" '' 5,463,210 National Provident Fund .. •• •• •• ' 2! 199'850 Public Debt Redemption Fund .. •• •• " '' " " J_ 15,831,270 Rural Advances Act, 192(i ...... 000 Teachers' Superannuation Fund State Advances Corporation of New Zealand Stock Common Fund of the Public Trust Office . • • ■ ■ • • • • ■ 1 ' 50,000 Public Service Superannuation Fund .. •• •• •' 5,'000 Teachers' Superannuation Fund . . • ■ • ■ • ■ • • 1 ' ' ' ' 25',000 Railways Superannuation Fund .. • • • • • • ■ • ' ' ' _ _ 50,000 National Provident Fund . . •• •• •• " " " " " 132,000 Fixed-deposit Receipts Common Fund of the Public Trust Office Properties acquired by Foreclosure 249,726 Common Fund ol the Public Trust Office . ■ ■ • ■ • * 1 ' * 24,802 Public Service Superannuation Fund •• •• '' '' " 3^600 Railways Superannuation Fund .. •• 1 ' '' " 8,600 National Provident Fund . . •• ■■ " " " " " 286,728 Advances to protect Securities 70 492 Common Fund of the Public Trust Office .. • • • • • • • ' ' 500 Teachers' Superannuation Fund .. •• •• ■■ •• •' '' _ 1,047 Railways Superannuation Fund .. •• •• •• " " " ' " 72,039 Property Titles to freehold and leasehold property and balance purchase-money ol premises sold .. •• ■ • ■' • W>Jl<B „ „ , , ....... £38,757,078 Total held in New Zealand . • ■ • • • • • Securities held outside New Zealand Fixed-deposit Receipts & .. .. •• 45,000 Midland Bank, London .. • ■ • • • • • • '' "

6

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

PUBLIC SECURITIES HELD BY NIUE ISLAND ADMINISTRATION

PUBLIC SECURITIES HELD BY NEW ZEALAND REPARATION ESTATES, SAMOA

PUBLIC SECURITIES HELD BY THE NATIVE TRUSTEE

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

7

Particulars of Security. Amount held p llr „ hllMH nT Amount held aa at 1 01 Sold, renewed, aa at „r l I Maturity Jiaip of ' !lsl March, . ,, , or redeemed. 31st March. Nature of Security. Date. Interest 1942 ' Renewal. 104S . New Zealand Government Securities % £ £ £ £ New Zealand Loans Act, 1932 (Stock) .. .. .. 15/1/57 3| 29,375 .. .. 29,375 15/2/46 4 29,375, .. .. 29j 375 » » •• 15/4/49 4 29,375 .. .. 29,375 15/6/55 4 29,370 .. . . 29,370 1/1/49 4 10,500 .. .. 10,500 Local Authorities' Securities Local Authorities'securities .. .. .. .. Various Var. 10,542 .. 581 9,961 138,537 .. 581 137,956

Particulars of Security. Maturity Eate oi Amount held as at Date. Interest. 31st March, 194:i. Held by Niue Island Fruit Account— % £ New Zealand Loans Act, 1932 (Debentures) .. 1/1/56 3 750 Fixed-deposit receipt .. . . .. .. 21/6/43 . . 250 1,000

Securities. o^S? nt £ 0 i 31st March, 1943. £ Mortgages and bills of sale .. .. .. .. .. Nil. Total . . .. . . .. . . .Nil.

Particulars of.Securlty. Amount held nr Amount held as at isZd SoW > renewed, as at „ , .. Maturity llate of 31st March, . . or .redeemed. 31st March, Nature of Security. T>ate Interest i!)42 ' renewal. t948> Held in New Zealand New Zealand Government Securities , °/ 0 £ £ £ £ New Zealand Loans Act, 1932 (Stock) .. .. .. 3 3,000 .. 3 000 New Zealand Loans Act, 1932 (Treasury Bill) .. .. l| .. 20,000 .. 20!000 Local Authorities' Securities Local Authorities'securities .. .. .. .. Various 4{ 5,100 .. .. r> 100 Miscellaneous Securities Advances to farm stations .. .. .. .. Various .. .. 160,284 .. 100 284 Mortgages.. .. .. .. .. .. Various Var. 397,767 18,476 18.598 397,645 Mortgages (special investments) .. .. .. 26/7/42 . 4J 450 .. 100 350 Properties acquired .. .. .. .. .. Various Var. 17,043 1,266 .. 18,309 Fixed deposit with bank .. .. .. .. .. .. .. 35,000 .. 35'000 420,360 238,026 18,698 639,688

Particulars of Security Amount held p,™ hllMl1 nr Amount held - - as at issued Sold, renewed, as at k, x Maturity itatc of 31st Mft rch, , Kenewil 01 redeemed. 31st March, Nature of Security. Date Interest. renewal. 194s> % £ £ £ £ Local Authorities'debentures .. .. .. Various 3 436,633 .. 12,944 423 689 Rural housing debentures ... .. .. „ 3 161,144 21,306 16,549 165,90] Mortgages and debentures (dairy companies) .. .. .. 3 8,188 .. 439 7,749 605,965 21,306 29,932 597 339 —

B.—lo.

PUBLIC SECURITIES HELD BY THE TREASURY

8

Particulars of Security. Amount held Purcha8 ea or So)d> renewe a, Am °A h ° ld — Maturity I Bate of 3181 in Sfwal. or redeemed. 31st March, Nature of Security. Date. | Interest. 1 ' 4 ' ORDINARY REVENUE ACCOUNT Held in New Zealand % J \ | £ Finance Act (No. 2), 1939, sec. 2 (4) : Tasman Airways, .. .. 55,000 5,000 .. bU.UU) Act, 1932 (Treasury Bills, .. V™ U 2,231,000 22,120,235 19,750,235 4,6*1,000 15/12/58 3" .. 400,000 115,000 285,000 ;; (stock)" :: " 31/5/58 4 150 .. 150 „ •• 15/2/40 4 200 .. 200 .. 15/9/57-60 3|r .. 36,420 13,000 23,420 2,280,350 23,161,655 19,878,585 5,569,420 DEPOSITS ACCOUNT New Zealand Loan™t™932 .. .. Various 1J 1,350,000 7,300,000 6,200,000 2,450,000 < 8 " k| ;; ;; !$£ If :: S :: S 1/4/46 3 5,000 .. 5,000 15/5/57 3 96,000 8,000 16,000 88,000 .! 15/8/57 3 1,500 1,000 2,000 500 15/12/58 3 162,260 383,850 273,770 272,340 !! '.. 1/8/51-54 3 .. 3,000 3,000 .. 15/2/46 4 (a) 2,000 .. .. (a) 2,000 .. 31/5/54-58 4 (6) 5,000 .. •• 15/8/57 4 66,550 .. .. 66,550 Investment under Reserve Bank of New Zealand Act, .. 1,203,325 .. 1,203,32o 1933 (without interest) . 890 418 Investment under State Advances Corporation Act, . . ■ • , 1934-35, and sec. 7, State Advances Corporation Act, 1936 (without interest) Held in London • 900 New Zealand Consolidated stock .. . • • • .1/4/45 3 200 „ - (0)3,782,253 7,695,870 6,499,770 (c)4,978,353 fa) Cost price £2 039 6s Id. (b) Cost price, £4,800. (<s) Nelson Rifle Prize Fund investments (£1,000 included in above figures) are not shown in Investment Account. Cost price total investments, £4,077,102 10s. 3d. PUBLIC WORKS ACCOUNT •• ***** 3 1«;SS2 Samoan Securities . . „ Advances to Samoa in terms of Finance Act, 1926, sec. 4 Various 4i 3,84o w 2,993,845 4,165,000 5,220,000 1,938,845 (») No actual securities are held in respect of these advances, repayment being secured by the terms of section 33 of the Samoa Act, 1921.

B—lo.

Public Securities held by the Treasury—continued

2—B. 10

9

Particulars of Security. Amount held Purohaaed or Amount held 7 „ n f s ,, at v issued SoId > renewed, as at Nature of Security. Maturity J Itate of ' ' in Itenewal. or rec ' ee,ne '"'' 31st March, | Date. Interest. 1®48. ELECTRIC SUPPLY SINKING FUND ACCOUNT Held in New Zealand % £ £ £ -c New Zealand Loans Act, 1932 (Stock) .. .. 1/4/46 3 10,000 .. 10 000 10,000 .. 10,000 ==— — BANK OF NEW ZEALAND SHARES ACCOUNT Held in New Zealand o/ r. „ „ Preference " A " Shares— Preference "'b " Shares— 8 °°' 000 " " *00,000 625,000 £1 62-5 000 MB ,. m 750 000*1 " .. .. (a) 625,000 "0 ''Shares- 750 ' 000 ' ■ ™,000 234,375 £1 long-term mortgage shares .. .. ,, 234,375 .. 234 375 2,109,375 .. .. (6) 2,109,375 (a) Cost price, £375,000. (b) Cost price, total investments £1,850,376. LAND FOR SETTLEMENTS ACCOUNT Held in New Zealand o/ £ i £ £ New Zealand Loans Act, 1932 (Treasury Bills) .. .. Various 2,120,000 | 2,540,000 4,240,000 420,000 Samoan Securities Advances to Samoa in terms of Finance Act, 1926, sec. 4 Various 4| 16,365 .. ( a \ j 6 355 2,136,365 2,540,000 4,240,000 436,365 (a) No actual securities are held in respect of these advances, repayment being secured in terms of section 33, Samoa Act, 1021. LOANS REDEMPTION ACCOUNT New Zealand Loans Act, 1932 (Stock) .. .. 15/8/57 3° 2,500 , £ 2,500 & 2,500 .. 2,500 RESERVE FUND ACCOUNT Held in London °/ £ £ e British Conversion Loan .. .. .. 1944-64 5° fi-m , , Imperial War Loan stock 1/12/52 3} (6) 32,'051 i! <6) 32,'o51 Held in New Zealand New Zealand Loans Act, 1932 (Stock) .. .. 15/12/58 3 912,000 115,000 1 027 000 (Treasury Bills) .. .. Various 1J 50,000 50,000 100,000 1,329,721 165,000 100,000 (c) 1,394,721 (a) Cost price, £342,130 18s. 3d. (b) Cost price, £34,273 17s. 8d. (0) Cost price, total investments, £1,403,410 15s. 1 Id.

B—lo.

Public Securities held by the Treasury-continued

10

Particulars of Security. Amount held p urc ha8ed or c , 4 Amount held as at , Sold, renewed, as at TTT ~ ~ ; 31st March, or redeemed. 31st March, „ . „ . ., Maturity Bate of ' m Renewal. 194 , Nature of Security. Date , interest, 1M2 ' SOCIAL SECURITY FUND Held in New Zealand % £ £ £ „ £ New Zealand Loans Act, 1932 (Treasury bills) .. .. Various 1£ 910,000 2,460,000 2,370,000 1,000,000 910,000 2;460,000 2,370,000 1,000,000 WAR DAMAGE FUND I I % I £ I £ i - £ I £ New Zealand Loans Act, 1932 (Treasury bills) .. ..| Various | '1J | .. 1 5,235,000 | 2,985,000 2,250,000 WORKING RAILWAYS ACCOUNT Held in New Zealand I % £ £ £ £ New Zealand Loans Act, 1932 (Treasury bills) . . .. Various 1* 1 ' 1 ®2'922 2 ' 550 2,.300,000 M00,000 Railway Employees' Sick Benefit Fund (invested with „ .. 28,537 713 16,000 13,^o0 Public Trustee) 1 1,178,537 2,550,713 2,316,000 1,413,250 PUBLIC ACCOUNT CASH BALANCE INVESTMENT ACCOUNT Held in London Fixed-deposit Receipts % £ £ ~ Bank of New Zealand, London, Ltd Vanous Var. 4,470,000 3,290 000 1,180,000 Midland Bank, Ltd. .. • • • • • • » » > _ 100,000 4,470,000 3,390,000 1,180,000 SECURITIES NOT INCLUDED IN INVESTMENTS ACCOUNT—MISCELLANEOUS Held in New Zealand Local Authorities'' Securities /o * » * * Hutt Road Act, 1915 1/4/66 4 60,000 60,000 State Advances Corporation^stook'issued in name of the 1/8/60 .. 6,585,750 .. 43,300 6,542,450 Minister of Finance 5,060,000 .. .. 5,060,000 L)ltt0 " " " " .. .. 1/8/66 .. 6,500,000 .. .. 6,500,000 1/8/69 .. 6,500,000 .. .. 6,500,000 .. 1/8/72 .. 5,750,000 .. .. 5,750,000 " " " " " 1/8/78 .. 5,000,000 2,000,000' .. 7,000,000 Mort a es " " •• " 6 270 . . _ 270 Repatriation Advances: Bills of Sale'and Undertakings Various Var. 52,421 .. 52,421 Agriculture Emergency Powers Act, 1934: Miscellaneous „ „ 36,322 .. 1,771 34,551 Earthquake Act, 1931: Miscellaneous „ „ 611,000 .. 42,810 568,190 Gentraf Purposes Relief Account: Advances » 21,686 2,709 2,693 21,702 Miscellaneous Advances .. • • • • • • >> " 'J_ ■ 36,187,676 2,002,709 144,589 38,045,796

B.—lo.

Public Securities held by the Treasury—continued SUMMARY OF PUBLIC SECURITIES HELD BY THE TREASURY

OTHER SECURITIES

11

; §1 i 1 " Amount held Purchased or „ IH Amount held Amount held as at 31st Maxell, 1943. Name of Investment Account. at 31st March, issued in sola, renewed. a t 31st Mar( , h 1942 llenewal. or redeemed, j 104a > — I Zealand. | £ £ £ £ £ £ £ Ordinary Revenue Account .. .. 2,286,350 23,161,155 19,878,085 5,569,420 5,569,420 Deposits Account .. .. .. 3,782,253 7,695,870 6,499,770 4,978,353 4,'978!153 200 Public Works Account .. .. .. 2,993,845 4,165,000 5,220,000 1,938,845 l' Electric Supply Sinking Fund Account .. 10,000 .. 10,000 Bank of New Zealand Shares Account .. 2,109,375 .. .. 2,109,375 2 109 375 Land for Settlements Account .. .. 2,136,365 2,540,000 4,240,000 43e'365 ' Loans Redemption Account .. .. 2,500 .. 2,500 Reserve Fund Account .. .. .. 1,329,721 165,000 100,000 1,394,721 367721 Social Security Fund .. .. .. 910,000 2,460,000 2,370,000 1,000,000 l'ooo'ooo War Damage Fund .. .. .. .. 5,235,000 2,985,000 2,250,000 2'250^000 Working Railways Account .. .. 1,178,537 2,550,713 2,316,000 1,413,250 1,413^250 Public Account Cash Balance Investment 100,000 4,470,000 3,390,000 1,180,000 ' 1 180 000 Account — ' 16,838,946 52,442,738 47,011,355 22,270,329 20,722,408 1,547 921 Miscellaneous securities not included in 3,6,187,676 2,002,709 144,589 38,045,796 38,045 796 ' Investment Accounts ' . 53,026,622 54,445,447 47,155,944 60,316,125 58,768,204 1,547,921

—— ——— 0_ Securities. Amount held at 31st March, 1943. Ageicultube Department £ Promissory notes .. .. .. .. .. .. , _ 700 State Fobest Service Promissory notes .. .. .. .. .. .. .. gg 370 Native Department * Advances made under Part I and under section 340 and 521 of the Native 2,371,549 Land Act, 1931, and Advances made under section 48 of the Native Land Amendment Act, 1936, and Advances under the Native Housing Acts, 1935 and 1938 Marketing Department (Export Division) Treasury Bills .. .. .. .. .. .. .. 1,500,000 Social Security Department Mortgages, &c. .. .. .. .. .. .. ., 144,316 Public Works Department Main Highways Board agreements for advances .. .. .. .. 42 913 Main Highways Board agreements for sale of plant .. .. .. 16' 002 Miscellaneous agreements .. .. .. .. .. ti 10'699 Taieri River Trust (secured by statute) .. .. .. .. ,, 79'800 Railways Department Mortgages under Government Railways Amendment Act, 1927 (section 15), 54 and Government Railways Amendment Act, 1928 (section 8) Depaetment of Industries and Commerce, Tourist and Publicity Mortgages .. .. .. .. .. .. .. . _ 1>808 4,233,283 » Most of the Advances under Part I of the Native Land Act, 1931, aro secured by statutorv ch'iree (vide. Section 18 of the Native Land Amendment Act, 1936). ovuieu uj< ouramory cnarge (row

B.—lo.

PUBLIC SECURITIES HELD BY THE LANDS AND SURVEY DEPARTMENT

SUMMARY OF SECURITIES HELD BY THE UNDERMENTIONED OFFICES AS ON 31st MARCH, 1943

Approximate Cost of Paper— Preparation, not given ; printing (433 copies), £35,

By Authority: E. V. Paul, Government Printer, Wellington.—l 943.

t'rice 6d.\

12

Particulars of Security. „ , Amount held as at Nature ot Security. g lst March, 1943. Mortgage advances — Land for Settlement Account — £ Current Account .. .. •• •• •• 93,135 Instalment mortgages .. .. ■■ 121,377 Small Farms Account*— Current Account .. .. •• •• •• ■■ 84,839 Instalment mortgages .. .. .. •• •• 258,749 Advances secured under Agreements— Small Farms Account .. .. . ■ • • • • ■ • 49,961 Reserves and other Lands Disposal Act, 1940, sec. 28 — Debenture (Wanganui River Domain Board) .. .. •• 1,800 609,361 * Mortgages have not been taken in all cases. The securities are held in the district offices of the Department.

„ , .. T, , „ Amount, held Amount held Held in ' Rate_of a3 at 81st a8 at 81st . Date. Interest. March, 1042. March, 1943. 1 — £ £ Post Office .. .. .. .. •• •• Dominion Various Various 82,074,344 96,99(5,265 )> .. .. .. .. .. .. London .. „ „ 2,992,540 2,992,341 State'Fire Insurance Office .. .. •• Dominion „ „ 1,356,169 1,359,194 Government Accident Insurance Office .. .. •• „ » » °12,283 nit'ntu Treasury .. * „ .. - 52,558,70 58,768,204 .. London .. „ „ 467,921 1,547,921 Mines Office .. .. •• •• Dominion „ ,, 133,428 171,924 Government Insurance Office .. .. .. •• » »' ■ » '"'sSr'lS .. London .. „ „ 625,900 625,900 Public Trust Office .. .. .. ■■ •• •• Dominion „ „ 37,951,826 38,757,078 .. .. London .. „ „ 13,000 45,000 Public Trust Office (Westport Harbour Sinking Fund) .. .. Dominion „ „ Native Trustee » - 639,688 State Advances Corporation (Housing Branch) .. .. .. „ „ » "0o ' tfn 2 ,f. Lands and Survey Department » >» » ™'™ innn Niue Island Administration .. .. .. •• •• » » » o'707 New Zealand Reparation Estates, Samoa.. .. .. oaQ Miscellaneous .. .. • • • • • • • ■ ,> » » 2,977,977 4.,Aiu,M3 193,782,366 218,954,378 I-