8.—9.

Securities held by the Public Trust Office on the 31st March, 1895.

J. K. Waebubton, Public Trustee. Thos. S. Eonaldson, Accountant. Examined and found correct, except that differences are observable between the statements in detail appended to the balance-sheet and the balance-sheet itself. These differences do not represent actual errors, but are the outcome of a defective system of account, which has been remedied since the beginning of the current year, and need not be further referred to. James C. Gavin, Assistant Controller and Auditor. Minute by the Public Trustee. The alleged remedy lies in the adoption, to the satisfaction of the Audit, of a suggestion that authorisation of payment should be treated as actual payment. But whether, in accounts, true difference may be thus resolved into agreement, and discrepancy prevented, is a question of some principle; and judgment will turn on the point whether accounts should be subordinate to facts or not. J. K. Waebubton, Public Trustee. Approximate Cost of Paper .—Preparation, not given; printing (1,400 copies), £5 3s. (id.

By Authority : Samuel Gostall, Government Printer, Wellington.—lB3s. Price tid.\

•2—B. 9.

5

Nominal Value. Cost Price. £ s. a. Part of Treasury bill No. 9 .. .. .. .. .. .. 163,400 0 0 Treasury bill No. 10 .. .. .. .. .. .. .. 59,000 0 0 Consolidated stock debentures Nos. 835, 920, and 921 .. .. .. .. 20,400 0 0 Consolidated stock debenture No. 998 .. .. .. .. .. 11,000 0 0 Government Loans to Local Bodies, debentures Nos. 852 to 866 and 713 .. 16,000 0 0 Immigration and Public Works Loan, 1870, debentures Nos. 4 to 11, 1921 to 1925 i 1,300 0 0 General Purposes Loan, 1873, debentures Nos. 32 to 35, and certificate 74 .. 1,200 0 0 Kaihu Valley Eailway Company (Limited), debentures Nos. 6 to 27 .. .. 22,000 0 0 Dunedin Waterworks Loan, debentures Nos. 1032, 1033, 1044, 1074, 1075, 1137, and 1143 . .. .. .. .. .. .. .. 600 0 0 Borough of South Invercargill, debentures Nos. 11 to 20 .. .. .. 1,000 0 0 Borough of Masterton Gasworks Loan, debentures Nos. 1 and 2 _. .. 200 0 0 Wellington Gas Company (Limited), shares certificate .. .. .. ', 300 0 0 National Bank of New Zealand (Limited), shares certificate .. .. .. I 747 10 0 National Mortgage and Agency Company of New Zealand (Limited), shares certificate .. .. .. .. .. .. .. .. J 273 0 0 New Zealand Loan and Mercantile Agency Company (Limited), shares certificate ; 481 0 0 Wellington Trust, Loan, and Investment Company (Limited), shares oertifieate.. 350 0 0 Kaitangata Railway and Coal Company (Limited), shares certificate .. .. 450 0 0 The South British Fire and Marine Insurance Company of New Zealand, shares certificate .. .. .. .. .. .. .. .. 23 0 0 The Colonial Bank of New Zealand, shares certificate .. .. .. 1,726 0 0 Bank of New Zealand, shares certificate .. .. .. .. .. 234 19 0 Bank of Now Zealand, fixed-deposit receipts .. .. .. .. 44 6 9 The Union Bank of Australia, fixed-deposit receipts .. .. .. .. I 400 0 0 Mortgages .. .. .. .. .. .. ., ..J 354,933 4 9 £ s. d. 163,400 0 0 59,000 0 0 20,400 0 0 11,000 0 0 16,000 0 0 1,172 0 0 1,036 0 0 23,100 0 0 639 0 0 1,000 0 0 200 0 0 300 0 0 747 10 0 273 0 0 407 0 0 350 0 0 450 0 0 23 0 0 1,726 0 0 234 19 0 44 6 9 400 0 0 354,933 4 9 Total .. .. .. .. .. ...I £656,063 0 6 £656,836 0 G I