B.—ll

8

Enclosure 1. NEW ZEALAND FIVE-MILLION LOAN, 1879. Statement showing the Numbers of the different Values of Debentures Converted.

Enclosure 2. Statement showing the Receipts and Expenditure incidental to the Conversion of Debentures— issued under " The New Zealand Loan Act, 1879"—into Inscribed Stock, under " The New Zealand Consolidated Stock Act, 1877." The Stock Agents in Account with the Government of New Zealand from 20th April, 1880, to 31st March, 1881. Abstract Account.

Dr. * s. a. 20fch April to 4th May, 1880.—To amount received from Loan Agents, as per abstract and vouchers forwarded in their letter of 19th May, 1880 ... ... ... 5,938 10 0 sth May to 31st October, 1880.—To amounts received from the Agent-General, as per abstract forwarded in Stock Agents' letter to Treasurer, dated 4th November, 1880... 5,000 0 0 Ist November, 1880, to 31st March, 1881.— To amounts received from the AgentGeneral, as per abstract forwarded in Stock Agents' letter to Treasurer, dated 20th April, 1881 ... ... ... 9,575 0 0 £20,513 10 0

Or. £ s. d. 20th April to 4th May, 1880.—By amount paid for Commutation of stamp duty, as per abstract and vouchers forwarded by Loan Agents in their letter to Treasurer, dated 19th May, 1880 ... ... 5,938 10 0 sth May to 31st October, 1880.—By amounts paid as per abstract and vouchers forwarded in Stock Agents' letter to Treasurer, dated 4th November, 1880 ... ... ... 3,923 16 8 Ist November, 1880, to 31st March, 1881.— By amounts paid as per abstract forwarded in Stock Agents' letter to Treasurer, dated 20th April, 1881 ... ... ... 10,651 3 4 £20,513 10 0

P. G. Julyan, "1 Q , , . 21st April, 1881. W. C. SargeauntJ Stock A § eiltsNote. —At the Bpecial request of the Agent-Greneral, the vouchers supporting the account for the period Ist November 1880, to 31st March, 1881, have been handed to him.

No. 11. The Agent-General to the Colonial Treasurer, Sir, — 7, "Westminster Chambers, London, S.W., 26th April, 1881. I transmit to you herewith copies of a letter from the Bank of England to the Stock Agents, dated Bth April, transmitting the half-yearly account for Management of inscribed stock, and their reply, together with a letter thereon which I wrote to the Bank, and the Bank's reply to myself.

Debentures of £1,000 each. Debentures of £500 each. Debentures of £200 each. Debentures of £100 each. TJp to 30th June, 1880 ... During July ... August September October November December January, 1881 ... February Sixteen days of March ... 207 43 30 35 34 170 70 31 105 338 489 304 132 78 69 359 241 235 252 985 266 38 42 9 10 131 21 62 66 499 652 263 140 111 163 395 170 229 612 1,784 1,063 3,144 1,144 4,519 1,063, at £1,000 3,144, at £500 1,144, at £200 4,519, at £100 £1,06; 1,57: 22! 45 1,000 :,ooo 1,800 ,900 9,870 Total value of debentures converted £3,811 i,700 Total scrip converted Total amount of loan converted £1,161 4,471 0,300 8,000* * Equal to £5,371,200 stock.