Feb. 2.] THE NEW ZEALAND GAZETTE. 447

Endowment Reserves for Education sanctioned by Parliament.

Office of the Minister of Internal Affairs, Wellington, 31st January, 1911.

THE following resolutions, passed by the Legislative Council and by the House of Representatives, are published in accordance with section 324 of the Land Act, 1908.

JOHN G. FINDLAY,
For Minister of Internal Affairs.

EXTRACT FROM THE JOURNALS OF THE LEGISLATIVE COUNCIL, THURSDAY, 1ST DECEMBER, 1910.

No. 10 of 1910.

RESOLVED, “That the report of the Lands Committee upon paper No. 227 (a proposal to reserve certain lands permanently as endowments for primary education) brought up this day be agreed to.”

On motion of the Hon. Dr. Findlay.

A true extract.

L. STOWE,
Clerk of the Legislative Council.

EXTRACT FROM THE JOURNALS OF THE HOUSE OF REPRESENTATIVES, SATURDAY, THE 3RD DAY OF DECEMBER, 1910.

No. 207 of 1910.

RESOLVED, “That this House approves of the lands specified in parliamentary paper No. 308 (laid upon the table of the House on the 17th day of November, 1910) being permanently set aside as endowments for primary education.”

On motion of the Right Hon. Sir J. G. Ward.

A true extract.

H. OTTERSON,
Clerk of the House of Representatives.

SCHEDULE OF EDUCATIONAL ENDOWMENTS REFERRED TO IN ABOVE RESOLUTIONS.

Nelson Land District.

Matiri Survey District .. 25 VIII A. R. P. 76 1 26 31st Oct., 1910.. No. 96, 3rd Nov., 1910.
Maruia .. 17 XII 336 1 8 " " " "

Bank Statements.

STATEMENT of the average amount of Liabilities and Assets of the Bank of New Zealand, in New Zealand, during the Quarter ended 26th December, 1910.

LIABILITIES.

Notes in circulation .. .. .. 925,160 3 1
Bills in circulation .. .. .. 53,752 19 1
Balances due to other Banks .. .. 20,699 1 6
Government deposits .. .. .. 1,830,064 14 9
Other deposits—
Not bearing interest .. .. .. 5,649,812 11 7
Bearing interest .. .. .. 5,094,976 2 6
Total average liabilities .. £13,574,465 12 6

ASSETS.

Coined gold and silver and other coined metal .. .. .. 2,064,246 16 3
Gold and silver in bullion or bars .. .. .. 93,081 17 4
Notes and bills of other Banks .. .. .. 110,265 17 7
Balances due from other Banks .. .. .. 1,346 7 2
Landed property .. .. .. 108,237 10 10
Amount of all other securities—

1. Notes and bills discounted .. .. 896,640 5 0
2. Colonial Government securities .. 1,079,759 9 3
3. Other funded securities .. .. ..
4. Debts due to the Bank (exclusive of debts abandoned as bad) .. .. 6,711,216 6 6
5. Securities not included under the above heads .. .. .. 638,192 8 2
   Total average assets .. .. .. £11,702,986 18 1

4-per-cent. guaranteed stock, £1,000,000.
Preference shares issued to the Crown under Bank of New Zealand Act, 1903, £500,000.
Ordinary shares, £500,000.
Rate of the last dividend declared to the shareholders on preference shares, 8¾ per cent. per annum.
Rate of the last dividend declared to the shareholders on ordinary shares (10 per cent. per annum, and bonus 2¼ per cent. per annum), 12½ per cent. per annum.
Amount of the last dividend declared to the shareholders on preference shares, £43,750.
Amount of the last dividend declared on ordinary shares, £62,500.
Amount of the reserved profits at the time of declaring such dividend, £864,134.
Dated at Wellington, this 6th day of January, 1911.

W. CALLENDER, General Manager,
F. A. MACBEAN, Accountant.