OF THE THREE MILLION LOAN.

5

B.—No. 8

under " The New Zealand Loan Act, 1863," yearly investments of a sum equal to two per < to be paid off on the 15th June, 1S91, by half:ent. per annum on the total amount issued. 1866. Dr. £ s. d. Dec. 16.—To six months' contribution on £100,000 to this date, received from the Crown Agents for the Colonies 1,000 0 0 1866. Cr. £ s. d. Dec. 16.—By purchase of £900 Cey- £ s. d. Ion Government Debentures, expiring 15th November, 1872; Nos. 502to510of£100each, at £105 945 O O Brokerage 2 5 0 947 5 O „ 16. —By investment in £58 17s. £ b. d. Id. 3 per cent. Consols, at 89i per cent. ... 52 13 6 Brokerage 0 16 52 15 0 £1,000 0 0 £1,000 0 0 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 better paying Securities, as opportunity offers. Penrose G. Jultan, | -, , London, 1st January, 1867. W. C. Sargeaunt, j -imsttes. Abstract of Investments made by the Trustees on the foregoing Account, up to 31st December, 1866. Stock or Securities in which placed. Purchase Money Paid. Stock or Securities Held. Ceylon Government Six per cent Debentures (1872) ... Three per cent. Consols £ s. d. 947 5 0 52 15 0 £ b. d. 900 0 O 58 17 1 Total 1,000 0 0 958 17 1 Penrose G. Jultan, London, 1st January, 1867. Trustee. Enclosure 4 in No. 1. Messrs. Jultan and Sargeaunt, as Trustees, in Account with the Government of New Zealand, in respect of a Sinking Fund for the redemption of £1,000,000 five per cent. Debentures issued under " The New Zealand Loan Act, 1863," to be paid off on the 15th July, 1914, by half-yearly Investments of a sum equal to one per cent, per annum on the total amount issued. 1865. Dr. June 22.—To six months' contribution due the 15th January, 1865, received from the Crown Agents for the Colonies „ 30. —ToLondon Joint Stock Bank, interest on ' £5000 from 23rd to 30th June, as per Voucher No. 1 General Account for June, 1865... Sept. 30.—To London Joint Stock Bank, interest on £5000 from 1st July to 30th September, as per Voucher No. 1 General Account, September, 1865 ... Dec. 30.—To London Joint Stock Bank, interest on £5000 from 1st October to 31st December, as per Voucher No. 1 General Account, December, 1865 £ s. d. £ s. d. 5,000 0 0 1 18 4 33 15 3 59 13 0 1865. Cr. £ s. d. £ s. d. June 22.—By amount deposited in the London Joint Stock Bank pending instructions from the Colony 5,000 0 0 1866. Feb. 2.—By amount deposited in City Bank until required for investment 15,000 0 0 Mar. 5. —By amount invested in the purchase of £11,600 Cape (Kowie Harbour) Debentures at par: Nos. 138 to 150 (thirteen bonds) of £200 each ...2,600 0 0 Nos. 11 to 100 (ninety bonds) of £100 each ...9,000 0 0 11,600 0 0 „ 5.—To amount invested in the purchase of £3500 Natal (Coolie Immigration) Debentures at £98 10s.: Carried forward ... 5,095 6 7 Carried forward ... 31,600 0 0