Mar. 5.] THE NEW ZEALAND GAZETTE. 679

The bonus will be paid on compliance with the following conditions:—

1. The invention shall, in its main features, differ from all machinery and appliances at present in use for the saving of gold, whether coarse or fine.
2. It shall be readily transportable from place to place, and shall be capable of utilising local water for all its requirements.
3. The invention must be capable of treating not less than 30 cubic yards an hour of black sand or any coarser material up to a diameter of 4 in.; and it must be capable of treating such material profitably where there is not more than a value, in gold, of 3d. per cubic yard; not less than 80 per cent. of the gold contained in the material to be recovered by the machine.
4. No bonus to be paid until the invention has been continuously worked for not less than six months, and it shall, during that period, have treated not less than 100,000 cubic yards of material, working three shifts a day.
5. The bonus will be paid on the certificate of an officer that not less than twenty persons other than the applicant for the bonus are successfully working the invention.
6. Any person who receives the bonus shall not be allowed to take out patent rights in New Zealand for his invention.
   JAS. McGOWAN,
   Minister of Mines.

Bonus for the Production of Quicksilver.

Mines Office,
Wellington, 7th June, 1900.

NOTICE is hereby given that a bonus of fourpence (4d.) per pound will be paid on the production of the first one hundred thousand pounds weight (100,000 lb.) of good marketable retorted quicksilver, free from all impurities, from any mine in New Zealand, on the following conditions, that is to say:—

1. That at least one-third of the quantity is produced on or before the 31st March, 1903, and the remaining two-thirds on or before the 31st March, 1904.
2. No bonus will be payable until the whole of the one hundred thousand pounds (100,000 lb.) of quicksilver has been produced as stipulated to the satisfaction of an officer to be appointed by the Minister of Mines, and on whose certificate alone the bonus will be paid.
3. In the event of more than one person producing the required quantities of quicksilver before the dates named, inquiry will be made by the officer above referred to, when, if it is found that each applicant is equally entitled to a bonus, the amount will be divided in proportion to the quantities produced by each applicant, but in no case shall any bonus be paid until at least one hundred thousand pounds (100,000 lb.) of quicksilver has been produced in the aggregate.
   JAS. McGOWAN,
   Minister of Mines.

Dunedin Savings-bank Balance-sheet for 1902.

STATEMENT of the Receipts and Payments of the Dunedin Savings-bank for the Twelve Months ending the 31st December, 1902:—
Approved.
RANFURLY, Governor,
28/2/1903.

RECEIPTS. £ s. d.
Balance from 1901 .. .. 3,734 3 9
Lodged by depositors .. .. 36,592 16 2
Interest on loans.. .. .. 2,340 6 8
" bank deposits .. .. 790 18 2
" debentures .. .. 1,144 0 0
Insurance premiums .. .. 32 13 4
Rent .. .. .. 85 0 0
Fines .. .. .. 0 17 6
Loans repaid .. .. .. 4,413 3 6
Valuation fees .. .. .. 5 17 4
£49,139 16 5

PAYMENTS. £ s. d.
Withdrawn by depositors .. .. 38,729 16 11
Charges .. .. .. 865 0 8
Loans granted .. .. .. 2,030 16 6
Insurance premiums .. .. 29 14 1
Valuation fees .. .. .. 5 17 4
Debenture Account, Otago University .. 6,500 0 0
Balance .. .. .. 978 10 11
£49,139 16 5

KEITH RAMSAY,
Vice-President.
FRED. SMITH,
Manager.

We hereby certify that we have examined the above statement of receipts and payments of the Dunedin Savings-bank, have compared the same with the books of the bank, and to the best of our knowledge and belief it contains a true and correct account of all transactions of the bank. We have also seen securities for the investments, and compared the depositors’ ledger balances, also cash accounts, with the bank pass-book.

WILLIAM BROWN AND CO.,
R. C. MOODIE,
Dunedin, 15th January, 1903.

STATEMENT of ASSETS and LIABILITIES, 31st December, 1902.

ASSETS. £ s. d. £ s. d.
Cash in bank .. .. 1,174 14 1
Less outstanding cheques .. 196 3 2
978 10 11
National Bank, Deposit Account .. .. 11,500 0 0
National Bank, Special Account .. .. 3,000 0 0
Fixed deposits .. .. 19,000 0 0
Accrued interest thereon .. .. 543 11 9
Debentures .. .. 25,240 0 0
Accrued interest thereon .. .. 505 6 8
Loans on mortgage .. .. 45,690 4 0
Accrued interest thereon .. .. 569 8 3
Insurance premiums advanced .. .. 4 15 10
Rent due .. .. 21 5 0
Land and building .. .. 3,479 9 4
Debentures Account, Otago University .. 6,500 0 0
£117,032 11 9

LIABILITIES. £ s. d.
Due to 2,324 depositors .. .. 99,726 0 6
Due to Suspense Account .. .. 3 0 0
Property Suspense Account .. .. 1,173 14 0
Otago University .. .. 6,500 0 0
Assets in excess of liabilities .. .. 9,629 17 3
£117,032 11 9

KEITH RAMSAY,
Vice-President.
FRED. SMITH,
Manager.

We have seen the securities of the above assets, and have compared the depositors’ ledger balances, and found the above statement correct.

WILLIAM BROWN AND CO.,
R. C. MOODIE,
Dunedin, 15th January, 1903.

PROFIT AND LOSS ACCOUNT for Twelve Months ending 31st December, 1902.

1902. Dr. £ s. d.
      Dec. 31. To Interest credited depositors .. 2,774 2 0
      Charges (including £100 debited as rent of office) .. 965 0 8
      Land and Building Account, amount written off .. 100 0 0
      Grant to University of Otago .. 6,500 0 0
      Balance .. .. 9,629 17 3
      £19,968 19 11

1903. Cr. £ s. d.
      Dec. 31. By Balance .. .. 15,224 14 3

1904. Dec. 31. By Interest on loans .. 2,307 4 5
      " bank deposits .. 1,107 3 9
      " debentures .. 1,144 0 0
      Rents .. .. 185 0 0
      Fines .. .. 0 17 6
      £19,968 19 11

By balance, £9,629 17s. 3d.

KEITH RAMSAY,
Vice-President.
FRED. SMITH,
Manager.

Audited and found correct.

WILLIAM BROWN AND CO.,
R. C. MOODIE,
Dunedin, 15th January, 1903.