3738
THE NEW ZEALAND GAZETTE.
[No. 94

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, 17TH NOVEMBER, 1941.

Liabilities.

1. General Reserve Fund .. .. 1,500,000 0 0
2. Bank-notes .. .. 22,279,669 0 0
3. Demand liabilities—
   (a) State .. .. 8,487,805 9 9
   (b) Banks .. .. 8,912,540 12 10
   (c) Other .. .. 360,116 15 4
4. Time deposits .. .. ..
5. Liabilities in currencies other than New Zealand currency .. .. 26,103 3 11
6. Other liabilities .. .. 1,044,786 5 4

£(N.Z.)42,611,021 7 2

Assets.

7. Reserve—
   (a) Gold .. .. 2,801,874 10 0
   (b) Sterling exchange* .. .. 11,450,030 5 6
   (c) Gold exchange .. .. 58,157 1 3
8. Subsidiary coin .. ..
9. Discounts—
   (a) Commercial and agricultural bills .. ..
   (b) Treasury and local-body bills .. ..
10. Advances—
    (a) To the State or State undertakings—
    (1) Marketing Department 6,429,447 3 1
    (2) For other purposes .. 16,500,000 0 0
    (b) To other public authorities .. ..
    (c) Other .. ..
11. Investments .. .. 3,842,378 14 1
12. Bank buildings .. .. 1,529,133 13 3
13. Other assets .. ..

£(N.Z.)42,611,021 7 2

• Expressed in New Zealand currency.

Proportion of reserve (No. 7 less No. 5) to notes and other demand liabilities, 35·529 per cent.

R. W. COX, Deputy Chief Accountant.

CROWN LANDS NOTICES.

Land in the North Auckland Land District forfeited.

Department of Lands and Survey, Wellington, 17th November, 1941.

NOTICE is hereby given that the lease of the undermentioned land having been declared forfeit by resolution of the North Auckland Land Board, the said land has thereby reverted to the Crown under the provisions of the Land Act, 1924.

SCHEDULE.

J. G. BARCLAY,
For the Minister of Lands.

(L. and S. 22/950/A.)

Land in Auckland Land District for Selection on Optional Tenures.

Auckland District Lands and Survey Office,
Auckland, 17th November, 1941.

NOTICE is hereby given that the undermentioned section is open for selection on optional tenures under the Land Act, 1924; and applications will be received at the Auckland District Lands and Survey Office, Auckland, up to 11 o’clock a.m. on Monday, 15th December, 1941.

Applicants should appear personally for examination at the Auckland District Lands and Survey Office, Auckland, on Wednesday, 17th December, 1941, at 10.30 o’clock a.m., but if any applicant is unable to attend he may be examined by any other Land Board or by any Commissioner of Crown Lands.

Applicants are required to produce documentary evidence of their farming experience and financial position.

The ballot will be held immediately upon conclusion of the examination of applicants, and the successful applicant is required to pay immediately at conclusion of ballot a deposit comprising the first half-year’s rent, broken-period rent, lease and mortgage fees, and weighting for improvements if amount not secured by mortgage.

SCHEDULE.

AUCKLAND LAND DISTRICT.—SECOND-CLASS LAND.

Raglan County.—Parish of Waipa.

ALLOTMENT 222: Area, 254 acres. Capital value, £130. Deposit on deferred payments, £5. Deferred payments: Half-yearly instalments (term: ten years), £8 4s. 2d. Renewable lease: Half-yearly rent, £2 12s.

Weighted with £300 for improvements, comprising dwelling, cow-shed, separator-room, fencing, clearing, and grassing, roads and tracks. The buildings and fencing are in a poor state of preservation. This sum is payable in cash, or may be secured on mortgage to the State Advances Corporation (term, thirty years), with interest at 4½ per cent. reducible to 4¼ per cent. for prompt payment. Interest for the first two years will be remitted provided permanent improvements to the value of not less than £20 are effected each year to the satisfaction of the Corporation.

A grazing proposition about two miles off the Ngaruawahia-Waingaro Highway, four miles from Ngaruawahia. The property is suitable only for working in conjunction with other land in the district. Approximately 20 acres fair pasture, 200 acres rough feed.

Any further particulars required may be obtained from the undersigned.

K. M. GRAHAM,
Commissioner of Crown Lands.

(H.O. 26/13468 ; D.O. R.L. 2237.)

Education Reserves in Auckland Land District for Lease by Public Auction.

Auckland District Lands and Survey Office,
Auckland, 19th November, 1941.

NOTICE is hereby given that the undermentioned education reserves will be offered for lease by public auction at the Lands Office, Hamilton, at 11 o’clock a.m. on Monday, 22nd December, 1941, under the provisions of the Education Reserves Act, 1928, and the Public Bodies’ Leases Act, 1908.

SCHEDULE.

AUCKLAND LAND DISTRICT.—EDUCATION RESERVES.

Borough of Hamilton.—Town of Hamilton West.

Subdivisions of Allotment 56.

Lot 3 : Area, 28·37 perches. Upset annual rental, £8.
Lot 4 : Area, 14·74 perches. Upset annual rental, £21.
Lot 6 : Area, 9·54 perches. Upset annual rental, £11.