F.—B

8

11. W. Primrose, Chairman.

Examined and found correct —G. H. Hunt, Auditor. Pacific Cable Board, 22nd July, 1908.

No. 4. The Right Hon. the Prime Minister to the High Commissioner. Sir,— Prime Minister's Office, Wellington, 16th October, 1908. I have the honour to inform you that, in compliance with the request contained in your cable telegram of the Ist instant [not printed], the sum of £6,929 3s. 4d., the amount of New Zealand's contribution to the deficit on the Pacific cable for the year ended the 31st March, 1908, was remitted to you from the Treasury by cable-message on- the sth idem. I have, &c, J. G. Ward, Prime Minister. The Hon. W. P. Reeves, High Commissioner for New Zealand, London. [P.C. Fin. 08/24.]

Details of Securities. Balance on 31st March, 1907. Securities purchased during Period of Account. Total. Securities sold or redeemed during Period of Account. Balance on 31st March, 1908. Value at Market Price on 31st March, 1908. Bank of England stock Victoria 3 - percent, stock Victoria 3J-per-ccnt. stock New South Wales 3-per-cent. stock New South Wales 4 - per - cent. Treasury bills Queensland .'(-percent, slock New Zealand 3-per-cent. stock New Zealand 3J-per-cent. stock \cu Zealand 4-per-eent. debenture stock New Zealand 4-per-cent. Treasury bills Bank of New Zealand 4-per-cent, guaranteed stock Canada 3-per-cent. stock Canadian Northern Railway 3-per-cent. debenture stock (guaranteed by the Canadian Government) Metro p o I itan Water Board 3-per-cent.B stock Local loans 3-per-oent. stock Guaranteed 2:-per-cent. stock j India 3-per-cent. | stock India 3J-|KT-ccnt. stock South Australian 4-per-oent.stock Straits Settlement SsJ-per-cent, stock War Stock, 2f-per-cent. (lanada I per cent, debenture bone I- £ s. d. 11,500 0 0 £ 8. d. £ s. d. 11,500 0 0 £ s. d. £ s. d. 11,500 0 0 £ s. d. £ s. d. 31,280 0 0 272 10,750 0 0 10,750 0 0 10,750 0 0 88> 9,513 15 0 1,000 0 0 1.000 0 0 1,000 0 099J 995 0 0 5,000 0 0 ,,.000 0 0 5,000 0 0 88 4,400 0 n 8,500 0 0 8,500 0 0 8,500 0 0 8,500 0 0 7,500 0 0 7,600 0 0 7,500 0 0 88 0,600 0 0 1,000 0 0 1,000 0 (I 1,000 0 0 87£ 875 0 0 4,000 0 0 4,000 0 0 4,000 0 0 99J 3,980 0 0 14,000 O O 14,000 0 0 14,000 0 0 par 14,000 0 0 4,000 0 0 4,000 0 0 4,000 (l o 99J 3,990 0 0 1,500 0 0 1,500 0 0 1,500 0 0 101 1,515 0 0 20.000 o 0 20,000 0 0 20,000 0 0 19,000 0 0 96 6,000 0 0 li.ooo 0 0 6,000 0 0 84 6,040 0 0 2,000 0 0 2,(100 0 0 4.000 (I 0 4,000 0 0 3.720 0 0 93 14.IHIO II O 14,000 0 0 14,000 0 0 98* 13,790 0 0 1,100 0 0 1,100 0 0 1,100 0 0 90J 992 15 0 12,000 0 o 12,000 0 0 12,000 0 0 924, ! II,.00 0 0 8,000 0 0 8,000 O 0 8,000 0 0 101 8,080 0 0 16,000 0 0 16,000 0 0 16,000 0 0 101 16,160 o o 4,000 0 0 4,000 0 0 4,000 0 0 99 3.960 0 0 6,116 2 10 5,115 2 10 5,115 2 in 99] .,.102 7 0 9.000 0 0 9,001 9,000 0 0 In.'ii 9,816 o o 8,500 0 0 159,465 2 10 123,860 0 0 44,115 2 10 167,966 2 10 173,408 17 o