3

B.—l

Summary. We began the year with a balance of £1,047,466, which has been increased to £1,053,247 from special receipts. There has been £254,014 expended during the past nine months, while a further sum of £105,625 will be probably required, making a total estimated expenditure of £359,639 for the year, and leaving an available balance of £693,608 at the close of the present financial period, subject,, of course, to outstanding liabilities. I may add that on the 31st December last the balances of the three Parts consisted of — £ £ Cash in the Public Account .... .... 142,159 Cash on Fixed Deposit in London .... 30,000 In the hands of Officers of the Government 73,001 Temporary Investments— Imperial-guaranteed Debentures .... 261,000 Westport Harbour Loan Debentures 110,500 Greymouth Harbour Loan Debentures 5,000 Government Loans to Local Bodies Debentures .... .... .... 40,000 Deficiency Bills .... .... .... 49,600 711,260 Available under section 31 of "The Government Loans to Local Bodies Act, 1886 " .... .... 87,974 Total on 31st December, 1890 £799,234 I attach tables for your Excellency's information which serve to illustrate the foregoing results. H. A. Atkinson. Wellington, 23rd January, 1891.