B.—lo.

SUMMARY OF PUBLIC SECURITIES HELD BY THE TREASURY.

PUBLIC SECURITIES HELD BY THE NEW ZEALAND GOVERNMENT INSURANCE DEPARTMENT.

3—B. 10.

17

Amount held Purchased or „ M Amount held Amount held as at 31st March, 1939. Name of Investment Account, at 31st March, issued in Sold, renewed, at 31st March 1938. Itenewal. °"edeemed. 1039 ' 7— In New T t j In J_ Zealand. | ln London. Australiai £ £ £ £ £ £ o Ordinary Revenue Account .. .. 397,800 1,235,000 872,024 960 776 960 776 £ e ?° sit 4 Ac , co " at , 3,091,343 4,119,461 3,482,902 3,727,'902 3,'727'702 "200 -Public Works i<una — ' v General Purposes Account .. .. 16,845 800,000 788,000 28 845 28 845 Electric Supply Account .. .. .. 300,000 300,000 Electric Supply Sinking Fund Account .. .. 11,412 3,206 8,206 8 206 Bank of New Zealand Shares Account .. 2,109,375 .. 2 109 375 2 109'375 Employment Promotion Fund .. .. 725,000 5,225,000 'l75'000 'm'ooo " Land for Settlements Account .. .. 554,305 2,300,000 2,131,360 722'945 722*945 Loans Redemption Account .. .. 100,000 1,350,000 1,450,000 ' Main Highways Account . . .. .. .. 100,000 loo'ooo Reserve Fund Account .. .. .. 367,221 1,060,000 195,000 1,232 221 865 000 367'221 Working Railways Account .. .. 296,916 2,462 100,000 199,378 199'378 Public Account Cash Balance Investment 920,000 4,780,000 4,615,000 1 085'000 1 000'000 85 000 Account 1_ ' . . • , , , 8,778,805 21,283,335 19,812,492 10,249,648 9,797,227 452 421 Miscellaneous securities not included in In- 31,490,188* 251,693 204,379 31,537 502 31 537 502 vestment Account — . ' ' ' ' "' 40,268,993 21,535,028 20,016,871 41,787,150 41,334,729 T * Included in these securities the Minister of Finance holds stock amounting to £30,390,750 issued bv the State Advances fnrnnritinr, n V securities taken over from the State Advances Office and from the Discharged Soldiers Settlement Account. dvances Corporation as consideration for

Particulars of Security. Amount held , Amount held _ ab au issued Sold > renewed, as at Nature of Security. Maturity Rate of 8 -i qoo rc ' in Renewal. or redeemed. 31st March. Date. Interest. 1939. Held in New Zealand. New Zealand Government Securities. °/ £ £ ,, New Zealand Loans Act, .1932 (Stock) .. .. 15/2/46 4° 188 750 188 7 w '■ t 188 ' 51 ° " 18M10 » .... 15/6/o5 4 49,740 .. .. 49 74 o 198,615 .. 30,220 168^395 " " .... 15/5/o2 514,215 .. 1,825 512 390 .. 15/3/43 31 233,900 .. 233 900 .... 15/3/43 3i 40,255 .. .. 40255 " •• •• 15/7/41 3 122,000 .. 12 9 '000 T -R*i, " •• •• 15 /V57 H 182,060 .. 182 060 Treasury Bill .. .. 15/4/38 1J .. 75,000 25,000 50,'000 Rural Advances Bonds. Rural Advances Act, 1926 15/9/47 5* 90,000 on nnn 15/9/47 5 86,000 !! g^OOO Carried forward .. ■■ .. 75,000 1,912^00" Subject to reduction under Local Authorities Interest Reduction and Loans Conversion Act, 1932-33.