15

8.—14 a

In addition to the above, I have purchased the following bonds of the loans of 1860 and 1863, as stated in the annexed narration :— £ Loan of 1863 (June series) ... ... ... ... 15,800 Loan of 1860 (July series) ... ... ... ... 14,200 Total... ... ... ... ~": £30,000 These bonds will be sent in presently for conversion, as well as any others which I may be able to purchase between now and the 15th June, and the £50,000 Westland Loan Debentures, which I expect to receive shortly, will also have to be added. I had an offer of £10,000 bonds of the 1863 loan, December series, but the price asked was too high. Accordingly the following is the total already converted, or to be converted, namely : — £ Loan of 1863 (March series) ... ... ... ... 42,400 Loan of 1863 (June series) ... ... ... ... 23,600 Loan of 1863 (December series) ... ... ... ... 1,700 Loan of 1860 ... ... ... ... ... 17,100 Lyttelton ... ... ... ... ... 6,200 Auckland ... ... ... ... ... 10,800 Otago ... ... ... ... ... 20,100 Westlana ... ... ... ... ... 50,000 87,100 Total ... ... ... ... £171,900 The Union Bank of Australia will be allowed the same commission as the Grown Agents on any bonds of the 1860 loan paid off by them, but I have instructed that Bank to send me the bonds as they are received from customers, and I propose sending in for conversion any of these which may come in before their maturing date. I have, &c, The Hon. the Premier, Wellington. P. D. Bell.

Enclosure in No. 30. Naeeation of 6-per-oent. 1860 and 1863 Debentures, redeemable June and July, 1891, purchased in London by the Agent-General. Bonds of 1863, redeemable in June, 1891. Nine Bonds of £1,000 each. 378 397 425 438 439 442 470 494 496 Six Bonds of £500 each 1725 1831 1854 1880 1913 2032 Eleven Bonds of £200 each. 3002 3046 3162 3163 3171 3190 3196 3197 3198 3268 3336 Sixteen Bonds of £100 each. 2067 2106 2111 2202 2229 2230 2231 2232 2253 2285 2330 2359 2360 2366 2425 2484 Bonds of 1860, redeemable July, 1891. One Hundred and Forty-two Bonds of £100 each. 17 18 91 117 118 119 366 367 368 374 390 391 392 522 555 619 620 621 622 623 624 631 632 633 634 635 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 776 777 778 779 780 781 782 883 784 785 887 905 926 928 953 954 955 956 957 996 997 998 999 1000 1042 1043 1044 1045 1046 1049 1050 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1215 1216 1220 1248 1280 1295 1296 1297 1298 1299 1300 1301 1303 1363 1364 Summary. £ Loan of 1863 .. 9 bonds of £1,000 each .. .. .. .. 9,000 Loan of 1863 .. 6 500 „.. .. .. .. 3,000 Loan of 1863 .. 11 „ 200 „.. .. .. .. 2,200 Loan of 1863 .. 16 100 „.. .. .. .. 1,600 Loan of 1860 .. 142 100 „.. .. .. .. 14,200 £30,000 Westminster Chambers, 12th May, 1891.

No. 21. The Agent-Genebal to the Premier. Westminster Chambers, 13, Victoria Street, London, S.W., Sm,— 14th May, 1891. It may be convenient to mention, by anticipation, the course which the Trustees of the sinking fund of the loan of 1863 will be asked to take after the 15th June in regard to that fund.