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For the Year ended 31st March, 1906.

3

DISBURSEMENTS. s. s. L. . I ; ' Canterbury Loan Ordinance, 1862 " :— Investments, — 1 Aug., 1905. Borough of Palmerston North 4J-per-cent. Debentures, due 1 February, 1916 .. 6 Jan. 1906. Land for Settlements 4-per-cent. Debentures, due 1 January, 1911 .. 530 0 0 400 0 0 930 0 0 » . Westport Harbour Board :— Investments, — 20 July, 1905. Borough of Palmerston North 5-per-cent. Debentures, due 20 July, 1916 1 Aug., 1905. Borough of Palmerston North 4£-per-oent. Debentures, due 1 February, 1916 .. ... 6 Jan., 1906. Land for Settlements 4-per-cent. Debentures, due 1 January, 1911 530 0 0 690 0 0 1,500 0 0 2,720 0 0 Carried forward 3,650 0 0