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Sess. 11.—1879. NEW ZEALAND.

SINKING FUNDS.

REPORT AND ACCOUNTS OF THE COMMISSIONERS OF THE PUBLIC DEBTS SINKING FUNDS FOR THE YEAR ENDED 30th JUNE, 1879.

Laid before both Houses of the General Assembly in compliance with the 6th Section of " The Public Debts Sinking Funds Act, 1868."

Sib, — Government Buildings, Wellington, 6th October, 1879. I have the honor to transmit to you, to lay before Parliament, the report of the Commissioners of the Public Debts Sinking Funds, and accompanying accounts, for the year ended 30th June, 1879. I have, &c., James Edmund FitzGerald, The Hon. the Speaker of the Chairman of the Commissioners of tho House of Eepresentatives. Public Debts Sinking Funds.

EEPORT. Government Buildings, Wellington, Ist October, 1879. The Commissioners of the Public Debts Sinking Punds have the honor to lay before Parliament their report and accounts for the year ended 30th June, 1879. It will be seen that, after redeeming the whole of the debentures, amounting to £58,000, issued under "The "Wellington Debts Act Amendment Act, 1876," there remained a surplus of £4,711 18s. 2d., which the Commissioners paid over to the Public Accouut, thus closing the Sinking Fund Account of this loan. It will also be seen, with regard to the moneys received under " The North Otago District Public Works Loan Act, 1872," that, after providing for interest payable during the year, the Commissioners were able to redeem and cancel debentures to the amouut of £13,000, leaving an outstanding balance of £30,900. There are no other matters calling for special remark, and the accounts will afford full information as to the state of the several sinking funds. James Edmund FitzGerald, Chairman of the Commissioners. I—B. 8.

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DR. ACCOUNT OF THE RECEIPTS AND DISBURSEMENTS OF THE DURING THE YEAR ENDED

RECEIPTS. £ s. d. £ s. d. £ 8. A. "New Zealand Loan Act, 1860." Sinking Fund : — On £93,100 at 2 per cent., one year to 30 June, 1879 1,862 0 0 Interest on Investments : — Defence Loan Debentures, — On £28,700 at 6i per cent., half-year to 31 December, 1878 £28,700 at 5 per cent., half-year to 30 June, 1879 £12,150 at i\ per cent., one year to 30 June, 1879 Canterbury Rivers Debentures, — On £2,000 at 6 per cent., oue year to 14 January, 1879 £2,000 at 6 per cent., one year to 9 June, 1879 £300 at 6 per cent., one year to 13 May, 1879 £1,440 at 6 per cent., one year to 17 May, 1879 Immigration and Public Works Loan Debentures, — On £1,000 at 4 per cent., one year to 15 April, 1879 £2,200 at 4| per cent., 13 July, 1878, to 15 April, 1879... Treasury Bille, — On £1,300 at 3|d. per cent, per diem, one year to 30 April, 1879 ... Borough of Hamilton Debentures, — On £2,000 at 6 per cent., three months to 30 April, 1879 ... Fixed Deposits with Bank of New Zealand, —• On £54 at 5 per cent., 1 February to 30 June, 1878 £14 lis. 3d. at 5 per cent., six months to 13 January, 1879 £53 12s. 9d. at 5 per cent., three months to 16 February, 1879 ... ' ... 789 5 0 717 10 0 546 15 0 120 0 0 120 0 0 18 0 O 86 8 0 40 0 0 74 19 10 66 14 6 30 0 0 12 6 .0 7 3 0 13 5 Fixed Deposits with Bank of New Zealand withdrawn ... 2,611 15 6 122 4 0 4,595 19 6 "Auckland Loan Act, 1863." Sinking Fund : — On £31,600 at 2 per cent., one year to 30 June, 1879 632 0 0 Interest on Investments i — Defence Loan Debentures, — On £4,870 at 54 per cent., half-year to 31 December, 1878 ... £4,870 at 5 per cent., half-year to 30 June, 1879 £1,200 at 4J per cent., one year to 30 June, 1879 Canterbury Kivers Debentures, — On £100 at 6 per cent., one year to 14 January, 1879 Immigration and Public Works Loan Debentures, — On £40 at 4i per cent., one year to 15 April, 1879 Treasury Bills, — On £140 at 3jd. per cent, per diem, one year to 30 April 1879 ... Borough of Hamilton Debentures, — On £1,000 at 6 per cent., three months to 30 April, 1879 ... Fixed Deposits with Bank of New Zealand, — On £70 at 5 per cent., 1 February to 30 June, 1878 £869 17s. 5d. at 5 per cent., six months to 13 January, 1879 £4 10s. 5d. at 5 per cent., three months to 16 February, 1879 133 18 6 121 15 0 54 0 0 6 0 0 1 16 0 7 3 8 15 0 0 19 2 21 14 11 0 11 Fixed Deposits with Bank of New Zealand withdrawn ... 362 18 4 944 7 10 1,939 6 2 " Wellington Loan Act, 1866." Sinking Fund :— On £13,500 at 2 per cent, one year to 30 June, 1879 270 0 0 Interest on Investments : — Defence Loan Debentures, — On £3,150 at 5| per cent., half-year to 31 December, 1878 ... £3,150 at 5 per cent., half-year to 30 June, 1879 £690 at 44 per cent., one year to 30 June, 1879 Canterbury Kivers Debentures, — On £70 at 6 per cent., one year to 17 May, 1879 £500 at 6 per cent., one year to 9 June, 1879 £200 at 6 per cent., one year to 14 January, 1879 Treasury Bills, —■ On £250at 3jd. percent, per diem, one year to 30 April, 1879 Fixed Deposits with Bank of New Zealand, — On £57 at 5 per cent., 1 Fobruary to 30 June, 1878 £319 4s. lid. at 5 percent., six months to 13 January, 1879 £6 9s. 5d. at 5 per cent., three months to 16 February, 1879 86 12 6 78 15 0 31 1 0 4 4 0 30 0 0 12 0 0 12 16 9 13 9 7 19 8 0 18 Fixed Deposits with Bank of New Zealand withdrawn ... 264 14 4 382 14 4 917 8 8 Carried forward 7,452 14 4

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COMMISSIONERS OF THE PUBLIC DEBTS SINKING FUNDS, CR. 30TH JUNE, 1879.

DISBURSEMENTS. £ s. d. £ s. d. £ «. d. "New Zealand Loan Act, 1860." Purchase-money of 44 per cent. Debentures of the Immigration and Public Works Loan of 1870, at par Amount invested in Treasury Bills issued under "The Treasury Bills Extended Currency Act, 1870," bearing interest at 3Jd. per cent. per diem Amount invested in 6 per cent. Debentures of the Borough of Hamilton, County of Waikato Amounts placed in fixed deposit with Bank of New Zealand, — For six months to 13 January, 1879, at 5 per cent. ... For three months to 16 February, 1879, at 5 per cent. 2,200 0 0 330 0 0 2,000 0 0 14 11 3 53 12 9 4,598 4 0 "Auckland Loan Act, 1863." Amount invested in Treasury Bills issued under " The Treasury Bills Extended Currency Act, 1876," bearing interest at 3fd. per cent. per diem Amount invested in 6 per cent. Debentures of the Borough of Hamilton, County of Waikato Amounts placed in fixed deposit with Bank of New Zealand, — For six montlis to 13 January, 1879, at 5 per cent. ... For three months to 16 February, 1879, at 5 per cent. 60 0 0 1,000 0 0 869 17 5 4 10 5 1,934 7 10 "Wellington Loan Act, 1866." Amount invested in Treasury Bills issued under " The Treasury Bills Extended Currency Act, 1876," bearing interest at 3|d. per cent. per diem Amounts placed in fixed deposit with Bank of New Zealand,— For six months to 13 January, 1879, at 5 per cent. ... For three months to 16 February, 1879, at 5 per cent. 600 0 0 319 4 11 6 9 5 I 925 14 4 t Carried forward 7,458 6 2

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DR. ACCOUNT OF THE RECEIPTS AND DISBURSEMENTS OF THE DURING THE YEAR ENDED

RECEIPTS. £ s. d. £ 8. d. £ s. d. Brought forward 7,452 14 4 "Nelson Wateewoeks Loan Act, 1864." Sinking Fund :— On £6,200 at 2 per cent., one year and a half to 30 June, 1879 ... 186 0 0 INTEBBST ON INVESTMENTS : — Defence Loan Debentures, — On £3,600 at 6} per cent., half-year to 31 December, 1878 ... £3,600 at 5 per cent,, half-year to 30 June, 1879 £540 at 4\ per cent., one year to 30 June, 1879 Canterbury Rivers Debentures, — On £100 at 6 per cent., one year to 14 January, 1879 £300 at 6 per cent., one year to 13 May, 1879 £40 at 6 per cent., one year to 17 May, 1879 Immigration and Public Works Loan Debentures, — On £20 at 4J per eont., one year to 15 April, 1879 Treasury Bills, — On £230 at 3Jd- per cent, per diem, one year to 30 April, 1879 Fixed Deposits with Bank of New Zealand, — On £138 at 5 per cent., 1 February to 30 June, 1878 £270 5s. 6d. at 5 per cent., six months to 13 January, 1879 £6 88. at 5 per cent., three months to 16 February, 1879 99 0 0 90 0 0 24 6 0 6 0 0 18 0 0 2 8 0 0 18 0 11 16 1 2 17 6 6 15 1 0 17 Fixed Deposits with Bank of New Zealand withdrawn ... 262 2 3 414 13 6 862 15 9 "Cantebbuby Loan Oedinance, 1856." Intebest on Investments :— Canterbury Rivers Debentures, — On £40 at 6 per cent., one year to 17 May, 1879 Treasury Bills, — On £1,200 at 3|d. per cent, per diem, one year to 30 April, 1879 Fixed Deposits with Bank of New Zealand, — On £31 18s. Od. at 5 per cent., six months to 13 January, 1879 £31 Is. at 5 per cent., three months to 16 February, 1879 2 8 0 61 11 11 0 15 11 0 7 9 Fixed deposits with Bank of New Zealand, withdrawn ... 65 3 7 62 19 9 128 3 4 "Lyttelton and Cnr.iSTCHUBCH Railway Loan Act, 1860." Sinking Fund : — On £77,700 at 2 per cent., one year to 31 December, 1878 1,554 0 0 Intebest on Investments :— Defence Loan Debentures, — On £2,900 at 5\ per cent., half-year to 31 December, 1878 ... £2,900 at 5 per cent., half-year to 30 June, 1879 £100 at 4£ per cent., one year to 30 June, 1879 Canterbury Rivers Debenl tires, — On £1,400 at 6 per cent., one year to 13 May, 1879 £1,270 at 6 per cent., one year to 17 May, 1879 £806 at 6 per cent., ono year to 14 January, 1879 Immigration and Public Works Loan Debentures, — On £800 at 4£ per cent., one year to 15 April, 1879 Treasury Bills, — On £16,100 at 3fd. per cent, per diein, one year to 30 April, 1879 ... Borough of Hamilton Debentures, — On £2,000 at 6 per cent., three months to 30 April, 1879 ... Fixed Deposits with Bank of New Zealand, — On £64 at 5 per cent., 1 February to 30 June, 1878 £1,432 13s. 9d. at 5 per cent., six months to 13 January, 1879 ... ... ... ... ... £434 lis. 9d. at 5 per cent., three months to 16 February 1879 ... ... ... ... . . 79 15 0 72 10 0 4 10 0 84 0 0 76 4 0 48 0 0 36 0 0 826 7 7 30 0 0 16 8 35 16 4 6 8 8 Fixed Deposits with Bank of Now Zealand withdrawn ... 1,299 18 3 1,931 5 6 4,785 3 9 "Cantebbuby Loan Oedinancb, 1862." Sinking Fund : — On £22,800 at 1 per cent,, one year to 31 December, 1878 228 0 0 Intebest on Investments : — Defence Loan Debentures, — On £300 at 5i per cent., half-year to 31 Decembar, 1878 ... £300 at 5 per cent., half-year to 30 June, 1879 £370 at 4i per cent., ono year to 30 June, 1879 8 5 0 7 10 0 16 13 0 Carried forward 32 8 0 228 0 0 13,489 5 2

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COMMISSIONERS OF THE PUBLIC DEBTS SINKING FUNDS, CR. 30TH JUNE, 1879.

DISBURSEMENTS. £ s. d. £ i. A. £ s. d. Brought forward 7,458 6 2 "Nelson Wateewobks Loan Act, 1864." Amount invested in Treasury Bills issued under " The Treasury Bills Extended Currency Act, 1876," bearing interest at 3ird. per cent. per diem Amounts placed in fixed deposit with Bank of New Zealand, — For six months to 13 January, 1S79, at 5 per cent. ... For three mouths to 16 February, 1879, at 5 per cent. 470 0 0 270 5 6 6 8 0 746 18 6 "Cantebbuby Loan Obdinance, 1856." Amount invested in Treasury Bills issued under "The Treasury Bills Extended Currency Act, 1876," bearing interest at 3$d. per cent. per diem Amounts placed in fixed deposit with Bank of New Zealand, — For six months to 13 January, 1879, at 5 per cent. ... For three months to 16 February, 1879, at 5 per cent. 60 0 0 31 18 9 31 1 0 122 19 9 "Lyttelton and Chbistchuech Railway Loan Act, 1860." Amount invested in Treasury Bills issued under " The Treasury Bills Extended Currency Act, 1876," bearing interest at 3fd. per cent. per diem Amouut invested in 6 per cent. Debentures of the Borough of Hamilton, County of Waikato Amounts placed in fixed deposit with Bank of New Zealand, — For six months to 13 January, 1879, at 5 per cent. ... For three months to 16 February, 1879, at 5 per cent. 930 0 0 2,000 0 0 1,432 13 9 434 11 9 4,797 5 6 • : "Cantebbuby Loan Oedinancb, 1862." Amount invested in Treasury Bills issued under " The Treasury Bills Extended Currency Act, 1876," bearing interest at 33d. per cent. per diem Amounts placed in fixed deposit with Bank of New Zealand, — For six months to 13 January, 1879, at 5 por cent. ... For three months to 16 February, 1879, at 5 per cent. 330 O 0 177 12 10 8 4 0 515 16 10 Carried forward 13,641 1 9

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DR. ACCOUNT OF THE RECEIPTS AND DISBURSEMENTS OF THE DURING THE YEAR ENDED

RECEIPTS. £ s. d. £ s. d. £ s. A. Brought forward 32 8 0 228 0 0 13,489 5 2 "Cantebbuby Loan Oedinance, 1862," — continued. Intebest on Investmints — continued. Canterbury Rivers Debentures, — On £100 at 6 per cent., one year to 14 January, 1879 £140 at 6 per cent., one year to 17 May, 1879 Immigration and Public Works Loan Debentures, —■ On £100 at 4| per cent., one year to 15 April, 1879 Treasury Bills, — On £230 at 3f d. per cent, per diem, one year to 30 April, 1879 Fixed Deposits with Bank of New Zealand, — On £34 at 5 per cent., 1 February to 30 June, 1878 £177 12s. lOd. at 5 per cent., six months to 18 January, 1879 ... £8 4s. at 5 per cent., three months to 16 February, 1879... 6 0 0 8 8 0 4 10 0 11 16 1 0 14 2 4 8 10 0 2 1 Fixed Deposits with Bank of New Zealand withdrawn ... 68 7 2 219 16 10 516 4 0 " Otago Loan Oedinance, 1862." Sinking Fund : — On £116,700 at 1 per cent., one year to 1 July, 1878 1,167 0 0 Intebest on Investments : — Defence Loan Debentures, — On £6,480 at 5J per cent., half-year to 31 December, 1878 ... £6,480 at 5 per cent., half-year to 30 June, 1879 £4,950 at 4J per cent., one year to 30 June, 1879 Immigration and Public Works Loan Debentures, — On £40 at 4j per cent., one year to 15 April, 1879 Canterbury Rivers Debentures, — On £200 at 6 per cent., one year to 14 January, 1879 £1,500 at 6 per cent,, one year to 17 May, 1879 £2,000 at 6 per cent., one year to 9 June, 1879 City of Dunedin Mortgage,— On £3,300 at 7 per cent., one year to 1 January, 1879 Treasury Bills, — On £5,650 at 3fd. per cent, per diem, ono year to 30 April, 1879 ... Fixed Deposits with Bank of New Zealand, — On £298 at 5 per cent., 1 February to 30 June, 1878 £2,011 6s. 2d. at 5 per cent., six months to 13 January, 1879 ... £262 lis. lid. at 5 per ceut., three months to 16 February, 1879 ... 178 4 0 162 0 0 222 15 0 1 16 0 12 0 0 90 0 0 120 0 0 231 0 0 290 0 1 6 4 2 50 5 8 3 5 7 Fixed Deposits with Bank of New Zealand withdrawn ... 1,367 10 6 2,571 18 1 "Wellington Debts Act, 1872." Intebest on Investments i— Fixed Deposits with Bank of New Zealand, — On £4,188 4s. 4d. at 5 per cent., 1 February to 30 June, 1878 £12,311 15s. 8d. at 4£ per cent., threo months to 27 June, 1878 ... £43,857 3s. at 5 per cent., six months to 1:7 September, 1878 ... £16,725 15s. 2d. at 5 per cent., six months to 13 January, 1879 ... £41,953 lis. 6d. at 5 por cent., six months to 30 March, 1879 ... 5,106 8 7 87 5 0 138 10 2 1,096 8 6 418 2 11 1,123 16 10 Fixed Deposits with Bank of New Zealand withdrawn ... 2,864 3 5 122,036 9 8 124,900 13 1 "Westland Loan Act, 1873." Amount received from Colonial Treasury 90 4 6 Intebest on Investments : — Fixed Deposits with Bank of New Zealand, — On £58 6s. 8d., at 5 per cent., six months to 13 January, 1879 £95 2s. lOd. at 5?r per cent., one year to 1 February, 1879 £64 6s. 2d. at 5 per cent., three months to 16 February,1879 £404 17s. 6d. at 5J per cent., one year to 20 March, 1879 19 2 5 4 7 0 16 1 22 5 5 Fixed Deposits with Bank of New Zealand withdrawn ... 29 15 3 622 13 2 742 12 11 Carried forward 144,494 15 9

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COMMISSIONERS OF THE PUBLIC DEBTS SINKING FUNDS, CR. 30TH JUNE, 1879.

DISBUESEMENTS. £ s. d. £ s. A. £ s. A. Brought forward 13,641 1 9 " Otago Loan Oedinance, 1862." Amount invested in Treasury Bills issued under " The Treasury Bills Extended Currency Act, 1876," bearing interest at 3jd. per cent. per diem Amounts placed in fixed deposit with Bank of New Zealand, — For six months to 13 January, 1879, at 5 per cent. ... For three months to 16 February, 1879, at 5 per cent. 5,163 18 1 2,890 0 0 2,011 6 2 262 11 11 " Wellington Debt3 Act, 1872." Amounts placed in fixed deposit with Bank of Now Zealand, — For six months to 13th January, 1879, at 5 per cent. For six months to 30th March, 1879, at 5 per cent. ... Amount paid to Post Office Account in redemption of Debentures,— Due 30th June, 1878 ... ... £11,500 0 0 Duo 30th June, 1879 ... ... 25,000 0 0 Due 30th June, 1882 ... ... 16,500 0 0 16,725 15 2 44,953 11 6 61,679 6 8 53,000 0 0 Interest paid to Post Office Account on £11,500 at 5 per cent, per annum, from 30th June, 1878, to 20th January, 1879 Amount paid to Public Trustee's Account in redemption of Debentures due 30th June, 1878 ... Interest paid to Public Trustee's Account on £5,000 at 5 per cent. per annum, from 1st July, 1878, to 4th April, 1879 ... 319 0 0 5,000 0 0 190 8 3 Amount paid to Public Account under " The Wellington Debts Act Amendment Act, 1872 " 58,509 8 3 4,711 18 2 •' Westland Loan Act, 1873." Amount invested in Treasury Bills issued under " The Treasury Bills Extended Currency Act, 1876," bearing interest at 3|d. per cent. per diem Amounts placed in fixed deposit with Bank of New Zealand, — For six months to 13th January, 1879, at 5 per cent. For throe months to 16th February, 1879, at 5 per cent. 124,900 13 1 050 0 0 58 6 8 64 6 2 772 12 10 Carried forward ... .... 144,478 5 9

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DR. ACCOUNT OF THE RECEIPTS AND DISBURSEMENTS OF THE DURING THE YEAR ENDED

RECEIPTS. £ s. d. £ a. d. £ s. d. Brought forward 144,494 15 9 " Nobth Otago Disteict Public Woeks Loan Act, 1872." Amount received from Colonial Treasury 9,298 4 7 Intebest on Investments i — Fixed Deposits with Bank of New Zealand, — On £7,874 2s. at 5 per cent., 1 February to 30 June, 1878 ... £6,973 13b. 6d. at 5 per cent., six months to 13 January, 1879 ... £562 18s. at 5 per cent., three months to 16 February, 1879 164 0 10 174 6 10 7 0 9 Fixed Deposits with Bank of New Zealand withdrawn ... 345 8 5 15,410 13 6 25,054 6 6 Boaed op Conservatobs, Disteict of South Waimakaeibi. Interest twice received, namely, on 2 January, and 14 February respectively, for the half-year to 9 December, 1878, on £4,500, Canterbury Rivers Debentures, at 6 per cent, per annum 135 0 0 Balance on 30 June, 1878 :— Cash in the Bank of New Zealand, Wellington 169,684 2 3 i I I 4,600 10 0 £ 174,284 12 3

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COMMISSIONERS OF THE PUBLIC DEBTS SINKING FUNDS, CR. 30TH JUNE, 1879.

James C. Gavin, 31st July, 1879. Secretary and Accountant to the Commissioners. 2—B. 8.

DISBURSEMENTS. £ s. d. £ s. d. £ s. d. Brought forward 144,478 5 9 "NoEin Otago Disteict Public Works Loan Act, 1872." Amount invested in Treasury Bills issued under " The Treasury Bills Extended Currency Act, 1876," bearing interest at 3fd. per cent. per diem Amounts placed in fixed deposit with Bank of New Zealand, — For six months to 13th January, 1879, at 5 per cent. For three months to 16th February, 1879, at 5 per cent. 680 0 0 6,973 13 6 562 18 0 Amount paid to Oamaru Harbour Board, being rent of Run No. 160, due 1st October, 1878 Amount paid to Post Office Account in redemption of Debentures ... Amount paid to Public Account, being interest on £13,900 at 5 per cent., one year to 1st November, 1878" ... Amounts paid to Public Account, being interest at 5 per cent., —■ On £5,000, 1st November to 30th December, 1878 ... On £8,000, 1st November, 1878, to 30th January, 1879 On £30,900, half-year to 1st May, 1879 ... 8,216 11 6 735 12 10 13,000 0 0 2,195 0 0 41 1 11 99 14 6 772 10 0 16,843 19 3 Board op Conservators, District op South Waimakariri. Nil, 25,060 10 9 Balance on 30th June, 1879 : — Cash in the Bank of New Zealand, Wellington 169,538 16 6 4,745 15 9 £ 174,284 12 3

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STATEMENT of the FUNDS held by the COMMISSIONERS of the PUBLIC DEBTS SINKING FUNDS on 30th June, 1879.

Loans in suspect op which Sinking Funds abb held. I WEST5IENTS. When Securities are Kedeemable. "Wellington J ?ttaoa. Loan Act, Waterworks 1866." 1884 '•' "Lyttelton and Chriitchurcli Railway Loau Act, 1660." " Canterbury " Canterbury Loan Loan Ordinance, I Ordinance, 1856." 1862." "Otago Loan Ordinance, 1862." " North Otago District Public Works Loan Act, 1872." Board of Conservators District of South Waiuiakariri. Totals. " New Zealand Loan Act. I860." " Auckland Loan Act, 1863." Loan Act, 187:3." £ s. d. £ s. d. £ s. d.l £ s. d. £ 8. d. £ s. d. £ s. d. £ s. d.j £ i. d. Jt s. d. £ S. d. £ s. d. Defence Loan Debentures ... 31 Dec, 1885 5 |28,700 0 0 4,870 0 0! 3,150 0 o' I 3,600 0 0 I i 2,900 0 0 300 0 0, 6,480 0 0, 50,000 0 0 ... 1 July, 1880 ■n 12,150 0 0 1,200 0 0 690 0 Oj 540 0 0 i 100 0 0 370 0 0 I 4,950 0 20,000 0 0 Immigration and Public Works Loan Debentures ... ... 15 April, 1913 1,000 0 0 1,000 0 0 4 Ditto ... ... ... 15 April, 1882 4! 40 0 0 20 0 Oj i 800 0 0 100 0 ol 40 0 0| i 1,000 0 0 ... ... I Ditto ... ... ... 15 April, 1882 Ii 2,200 0 oj 2,200 0 0 r £1,200 -| ... „.„ I 1 Nov., 1880 1 UNov.,188lj 3i 1,300 0 0 140 0 0 250 0 0 230 0 0 16,100 0 0 1,200 0 0 230 0 0 5,650 0 0 I i 25,100 0 0 ... 1 Nov., 1882 8j 330 0 0 60 0 0 600 0 0 470 0 0 ' 930 0 0 60 0 0 330 0 0 2,890 0 0, I 650 0 0 i I 680 0 0 7,000 0 0 Canterbury Rivers Act Debentures ' 13 May, 1927 6 300 0 0 300 0 0 ' 1,400 0 0 . ... 2,000 0 0 „ ... j 17 Nov., 1897 6 1,110 0 0! ... 70 0 0 40 0 o' | 1,270 0 0 40 0 0 140 0 0 1,500 o a ... 4,500 0 0 i __ .... 6 2,000 0 0 500 0 0 „ ... j 9 Dec, 1884 8,000 0 0 ... 4,500 0 0 „ „ ii ... 14 Jan., 1898 City of Dunedin Mortgage ... i 13 May, 1877 6 7 2,000 0 0 100 0 0<200 0 0 100 o ol 800 0 0 100 0 0 200 0 ol 3,500 0 0 3,300 0 0 I 3,300 0 0 Borough of Hamilton Debentures 13 May, 1877 6 2,000 0 0 1,000 0 0 ... 2,000 0 0 5,000 0 0 Cash in Bank of New Zealand, ' Wellington 53,420 0 0' 7,410 0 0 5,460 0 05,300 0 0 26,300 0 0 1,300 0 0 1,570 0 0: I i 27,010 0 0 [ 650 0 0| 680 0 0 680 0 0 ... , 129,100 0 0 2,157 4 3| j 803 6 7 ! ! 252 15 6 245 10 3 5,712 15 6 5,545 10 3 578 5 4 37 2 4 29 5 10 482 12 6 2G 6 9 D Dr. 1 13 7 ')>: 1 13 7 135 0 0 4,745 15 9 Totals 55,577 4 HI !8,213 6 7 26,878 5 4 1,337 2 4 1,599 5 10 27,492 12 6i 676 6 9 678 6 5 678 6 5 135 0 0, 133,845 15 9 18th August, 1879. James C. Gavin, and Accountant to the Commissioners. Secretar

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STATEMENT showing the DEBENTURES of each LOAN in CIRCULATION, and the SINKING FUNDS ACCRUED, on 30th June, 1879.

* The debentures of the Canterbury loan of 1856 matured in March, 1873. The Commissioners have been unable to ascertain the precise amount unredeemed by the late provincial authorities, hut it is within £1,200. t The amounts borrowed are secured on lands specially set apart. Statement of the Expenses incurred during the Tear ended 30th June, 1879. Salary of the Secretary and Accountant ... ... ... £50. James C. Gavin, 21st August, 1879. Secretary and Accountant to the Commissioners. It is hereby certified that the accounts of the Commissioners of j the Public Debts Sinking Funds for the year ended 30th June, 1879, have been duly audited and found correct; and that the uninvested balance in the hands of the Commissioners on the 30th June last amounted to £1,715 15s. 9d., as appears by the Bank pass-book. C. J. Batkin, 22nd August, 1879. (for the Controller and Auditor-General.) By Authority : Oeokge Didsbubt, Government Printer, Wellington.—lB79. Price 9d.] ' S

Loan. Debentures in Circulation. Rate of Sinking Fund. When Redeemable. Sinking Fund Accrued. " New Zealand Loan Act, 1860 " " Auckland Loan Act, 1863 " " Wellington Loan Act, 1866" "Nelson Waterworks Loan Act, 1864" " Canterbury Loan Ordinance, 1856 " " Lyttelton and Christchurch Railway Loan Act, "i860" " Canterbury Loai Ordinance, 1862 " '•Otago Loan Ordinance, 1862" " Westland Loan Act, 1873 " " North Otago District Public Works Loan Act, 1872" £ 93,100 31,600 13,500 6,200 # Per cent. 2 2 2 2 ' 1 July, 1891 1 June, 1896 Uuly, 18S6 1 January, 1881... £ s. d. 55,577 4 3 8,213 6 7 5,712 15 6 5,545 10 3 1,337 2 4 77,700 22,800 116,700 50,000 2 1 1 t 10 1894 to 1897 ... 50 years from date of issue 1 July, 1898 15 April, 1894 ... [ . Not later than 1 November, 1902 26,878 5 4 1,599 5 10 27,492 12 0 676 6 9 30,900 678 6 5 £442,500 133,710 15