B.—No. a

4

PAPERS RELATIVE TO THE SINKING FUNDS

Abstract of Investments made by the Trustees ou the forej 31st December, 1866.' ;oing Account, up to the Stock or Securities in which placed. Purchase Money Paid. Stock or Securities Held. Ceylon Government Six per cent. Debentures ... Victoria do. do. ... Three per cent. Consols ... £ s. d. 2,991 0 0 2,102 10 0 48 2 0 £ s. d. 2,800 0 0 2,000 0 0 53 5 9 Total £5,141 12 0 £4,853 5 9 London, 1st January, 1867. Penrose G. Julyan, Trustee. Enclosure 2 in No. 1. Messrs. Jultan and Saegeaunt, as Trustees, in Account with the Goveexment, of New Zealand, in respect of a Sinking Fund for the redemption of £500,000 six per cent. Debentures issued under " The New Zealand Loan Act, 1863," to be paid off on the 15th March, 1891, by half-yearly Investments of a sum equal to two per cent, per annum on the total amount issued. 1866. Dr. £ s. d. Sept. 30.—To six months' contribution on £500,000 to this date, received from the Crown Agents for tinColonies 5,000 0 0 Nov. 15.—To London Joint Stock Bank, interest on £5000 from 30th September to 14th November, as per Voucher No. 1 General Account 21 3 3 „ 15.—To London Joint Stock Bank, in repayment of deposits ... ... 5,000 0 0 1866. Cr. £ s. d. £ s. d. Sept. 30. —By amount deposited in London Joint Stock Bank pending instructions from the Colony 5,000 0 0 Nov. 30. —By amount invested in the purchase of £4700 Victoria Government Debentures —Nos. 120 to 136, of £100 ; Nos. 4346to4349of£500; 4650 of £1000 at £104 17s. 6d. ...4,929 2 6 By brokerage ... 11 15 0 4,940 17 6 £10,021 3 3 „ 30.—By amount invested in the purchase of £88 16s. lOd. Consols at 90, 80 3 7 By brokerage ... 0 2 2 80 5 9 j £10,021 3 3 N.B.—As Colonial Government Debentures are not issued for less than £100, fractions too small to purchase a Debenture are invested temporarily in Consols, and again realized and added to other .amounts for the purchase of the better paying Securities as opportunity offers. Penrose G. Jultan, ") -, "W. C. Saegeaunt, j J-rustees. London, 1st January, 1867. .Abstract of Investments made by the Trustees on tho foregoing Account, up to 31st December, 1866. Stock or Securities in which placed. Purchase Money Paid. Stock or Securities held. Victoria Government Six per cent. Debentures (1891) Three per cent. Consols £ s. d. 4,940 17 6 80 5 9 £ s. d. 4,700 0 0 88 1G 10 Total 5,021 3 3 4,788 16 10 i Enclosure 3 in No. 1. Messes. Jultan and Saegeaunt, as Trustees, in account with the Government of New Zealand, in respect of a Sinking Fund for the redemption of £100,000 six per cent. Debentures, issued