New Zealand Gazette – 1940 – No. 30

Page 662

✨ Financial and Customs Notices



662
THE NEW ZEALAND GAZETTE.
[No. 30

RESERVE BANK OF NEW ZEALAND.

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON MONDAY, 25TH MARCH, 1940.

Liabilities.

  1. General Reserve Fund .. .. 1,500,000 0 0
  2. Bank-notes .. .. 18,379,006 0 0
  3. Demand liabilities—
    (a) State .. .. 6,782,671 12 2
    (b) Banks .. .. 13,896,065 1 4
    (c) Other .. .. 106,175 5 9
  4. Time deposits .. .. ..
  5. Liabilities in currencies other than New Zealand currency .. .. 13,083 3 3
  6. Other liabilities .. .. .. 864,607 15 1

£(N.Z.)41,541,608 17 7

Assets.

  1. Reserve—
    (a) Gold .. .. 2,801,839 0 0
    (b) Sterling exchange*.. .. 13,033,980 9 9
    (c) Gold exchange .. .. ..
  2. Subsidiary coin .. .. 159,871 9 0
  3. Discounts—
    (a) Commercial and agricultural bills .. .. ..
    (b) Treasury and local-body bills .. ..
  4. Advances—
    (a) To the State or State undertakings—
    (1) Marketing Department 3,445,102 9 1
    (2) For other purposes .. 18,660,000 0 0
    (b) To other public authorities .. ..
    (c) Other .. .. ..
  5. Investments .. .. 3,145,998 4 6
  6. Bank buildings .. .. ..
  7. Other assets .. .. 294,817 5 3

£(N.Z.)41,541,608 17 7

*Expressed in New Zealand currency.

Proportion of reserve (No. 7 less No. 5) to notes and other demand liabilities, 40·401 per cent.

W. R. EGGERS, Deputy Chief Accountant.

Minister’s Decisions under Customs Acts.

Customs Department, Wellington, 3rd April, 1940.

IT is hereby notified for public information that the Hon. the Minister of Customs has decided to interpret the Customs Acts in relation to the undermentioned articles as follows:—

NOTES.—(a) “Not elsewhere included” appears as n.e.i.; “other kinds” as o.k.; “articles and materials suited for, and to be used solely in, the fabrication or repair of goods within New Zealand” as a. and m.s. (b) Articles marked thus † are revised decisions. (c) The rates of duty payable on goods set out hereunder have not been shown except in the case of goods classed under Tariff items 416, 448, and 449 (2), and of goods admitted (under the provisions of section 11 of the Customs Amendment Act, 1927) at a rate of duty lower than that provided for in the First Schedule to the Customs Acts Amendment Act, 1934. Where goods are admitted under the provisions of section 11 aforesaid, the reduced rate is marked with an asterisk. (d) Steam-engines, gas-engines, oil-engines, and electric or other motors are not, unless otherwise indicated, to be regarded as parts of the machines with which they are imported. (e) Surtax as provided for in section 5 of the Customs Acts Amendment Act, 1930, or primage duty as provided for in section 4 of the Customs Acts Amendment Act, 1931, as the case may be, is payable in addition to the duties set out hereunder.

Record. Goods. Classified under Tariff Item No. Rate of Duty.
British Preferential Tariff.
56–7/20/43 A. and m.s., viz.:— Chemicals, &c., used in manufactures, viz.:— “Cresantol 20,” a wood preservative 448 Free
56–3/282/7 Monoethanolamine 448 Free
56–5/69 Uniforms and regalia, trimmings, &c., for, viz.,— The following articles on declaration by a manufacturer that they will be used by him solely in the manufacture of clerical vestments, viz.— Galloons having woven therein jacquard representations of religious emblems 448 Free
56–2/387/6 Machinery, &c., and appliances, viz.:— Manufacturing, industrial, &c., viz.,— Cleaner, the “Servex” steam pressure 352 ..
56–3/833/2 Clothing-manufacturers’ and other cloth-working machines, viz.— Presses, electric, dry, for pressing garments or hosiery in factories or laundries 352 ..
56–2/299/3 Paper-mill, viz.— Paper slitting and inter-leaving machine, the Pavema “Distributeur” 352 Free
Paper slitting and re-winding machine, the “Jagenberg” Type VII T 352 ..
56–2/29/24 Spraying apparatus, the “Phantomyst,” for disseminating “dry” mist for insecticidal, germicidal, air-conditioning, or sterilization purposes (NOTE.—The electric motor is to be separately classified under T.I. 338 (1) (a), the fan under T.I. 351 (4), and the value of the under-carriage (if supplied) is to be apportioned between the Tariff items.) 352 ..
56–2/186/6 Transmission gear, viz.— Friction clutches, the “Ace,” for use with electric motors for sewing-machines 352 ..
56–2/172/5 Spiral bevel gears for locomotives 352 ..
Vitamins, vitamin concentrates, &c., viz.:— Dekadexolin (Glaxo Laboratories Ltd., London) 120 (3) ..
  • Under Section 11, Customs Amendment Act, 1927.

NOTE.—The decision on page 385 of the Tariff-book respecting “Galagum, a synthetic poly-saccharide for use as a thickener and a protective colloid in water solutions” is cancelled.

Minister’s Order No. 56.]

E. D. GOOD, Comptroller of Customs.



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✨ LLM interpretation of page content

💰 Reserve Bank of New Zealand Statement of Assets and Liabilities (continued from previous page)

💰 Finance & Revenue
Reserve Bank, Assets, Liabilities, Financial Statement
  • W. R. Eggers, Deputy Chief Accountant

🏭 Minister’s Decisions under Customs Acts

🏭 Trade, Customs & Industry
3 April 1940
Customs, Tariff, Duty, Classification
  • E. D. Good, Comptroller of Customs