B.—Ba

Session 11. 1923. NEW ZEALAND.

NAVAL DEFENCE ACT SINKING FUND. STATEMENT OF SECURITIES IN WHICH INVESTED, AND STATEMENT OF ACCOUNT.

Laid on the Table of the House of Representatives pursuant to Section 7 (5) of the Naval Defence Act, 1909.

Statement of Securities in which the Naval Defence Act Sinking Fund is invested. The sinking fund amounted to £973,343 7s. on the 31st March, 1923, and is invested as part of the Common Fund of the Public Trust Office. J. W. Maodonald, I'ublic Trustee.

Naval Defence Act Sinking Fund : Statement of Account of the Public Trustee's Administration, 31st March, 1922, to 31st March, 1923. Dr. Or. £ s. (I. £ s. (I. Balance .. .. .. .. .. .. .. 931,429 1 0 Public Trust Office—lnterest, 31st March, 1923, at 4£ per cent. .. .. .. .. .. .. .. 41,914 6 0 Balance .. .. .. .. .. .. 973,343 7 0 £973,343 7 0 £973,343 7 0 Balance .. .. .. .. .. .. .. £973,343 7 0 W. M. Barr, Wellington, 28th March, 1923. Chief Accountant, Public Trust Office.

Approximate Cost of Paper. —Preparation, not given ; printing (475 copies), £1,

Authority : W. A. G. Skinner, Government Printer, Wellington.—l 923.

Price 3d.\