Balanoe, 81st December, 1888 1,607 0 oOn fixed deposit with Bank of Interest on £1,507 67 16 3 New Zealand, 3lst Deeem- Transferred from General Ao- ber, 1889 1,824 16 3 cound on account of year 1888 250 0 0 £1,824 16 3 £1,824 16 3 4.— Dbbdge Tahiwha Ihsubakob Finn). £ b. d £ b. d- Balance, 3lst December, 1888 611 6 oOn fixed deposit with Bank of Interest on £511 5s 25 11 0 New Zealand, 31st Deoem- Transfer from Loan Account ber, 1889 786 16 0 for year ending 31st August 1889 250 0 0 £786 16 0 £786 16 0 in.— INTEREST ACCOUNTS. I.— Loas op 1883, £100,000 at 5 pbk obht. ebb Akitom— £s,ooo. £ c. d. £ „. a. Transferred from General Ao- Oae year's interest to Ist Jan- count ; ... 6.0C0 0 0 vary, 1890 6,000 0 0 2.— Loak op 1886, £100,000, at 5 pbb obkt. pbb Ahnuh— £6,ooo. £ s. d. £ s. d. Harbour rate of J of a penny One year's interest to Ist Janu- in the £, estimated to ary, 1890 , 6,000 0 0 yield net, £2850 850 7 0 Transferred from General Ac- count ... 4,749 13 0 £5,000 0 01 £5,000 0 0 BALANCES. Db Ob £ s. d. £ a. d. To General Account 6,667 9 11 By Harbour "Works Loan 1886 „ Amount on fixed deposit Acoonnt. 22,140 14 9 with Bank of New Zealand „ Contractors' Deposit Ao- on 31st December, 1889 ... 20,111 12 3 oount 1,097 5 0 „ Balance m Bank of New „ Titan insurance fund ... 1,824 16 3 Zealand at Current Ao- „ Taniwha insurauoe fund ... 786 16 0 connt on 81st December, 1889 168 16 1 „ Cash m hand 16 13 9 £25,849 12 0 £26,849 12 0 STATEMENT OF ABSET3 AND LIABILITIES, 31§t DHOBMBEB, 1889. Assets. Liabilities. £ b. d. £ b. d. fixed Deposits, Bank of New Contractors' Deposits ... 1,097 6 0 Zealand 17,600 0 0 1883 'boan, raised under " The Balance m Bank of New Zea- Timaru Harbour Loan Aot, land at Current Account... 163 16 ] 1881" 100,000 0 0 Cash m hand 16 13 9 188S Loan, raised under " The P.B. Titan Insurance Fund... 