RESERVE BANK OF NEW ZEALAND

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON WEDNESDAY, 1ST DECEMBER, 1948

Liabilities

£ s. d.

1. General Reserve Fund ..... 1,500,000 0 0
2. Bank-notes ..... 50,462,332 10 0
3. Demand liabilities—
   (a) State ..... 9,020,773 6 4
   (b) Banks ..... 60,719,472 4 7
   (c) Other ..... 280,891 13 4
4. Time deposits
5. Liabilities in currencies other than New Zealand currency ..... 15,003 1 9
6. Other liabilities ..... 3,539,562 1 3

£(N.Z.)125,538,034 17 3

Assets

£ s. d.

7. Reserve—
   (a) Gold ..... 2,802,147 0 0
   (b) Sterling exchange* ..... 42,430,629 19 6
   (c) Gold exchange
8. Subsidiary coin ..... 49,078 18 8
9. Discounts—
   (a) Commercial and agricultural bills
   (b) Treasury and local-body bills
10. Advances—
    (a) To the State or State undertakings—
    (1) Marketing organizations ..... 729,348 19 7
    (2) For other purposes ..... 41,081,404 4 6
    (b) To other public authorities
    (c) Other ..... 3,292,991 9 10
11. Investments ..... 16,124,097 13 3
12. Bank buildings
13. Other assets ..... 19,028,336 11 11

£(N.Z.)125,538,034 17 3

*Expressed in New Zealand currency.

Proportion of reserve (No. 7 less No. 5) to notes and other demand liabilities, 37·532 per cent.

R. W. COX, Deputy Chief Accountant.

Notice Under the Regulations Act, 1936

NOTICE is hereby given in pursuance of the Regulations Act, 1936, of the making of regulations and Orders as under:-

Authority for Enactment.
Family Benefits (Reciprocity with Great Britain) Act, 1948
Family Benefits (Reciprocity with Northern Ireland) Act, 1948
Social Security Act, 1938
Hospitals Act, 1926, and Finance Act (No. 2), 1946
Motor-spirits (Regulation of Prices) Act, 1933

Short Title or Subject-matter.
Family Benefits (Reciprocity with Great Britain) Act Commencement Order 1948
Family Benefits (Reciprocity with Northern Ireland) Act Commencement Order 1948
Social Security (Dental Benefits) Regulations 1946, Amendment No. 1
Hospital Employment Regulations 1948, Amendment No. 2
Motor-spirits Prices Regulations 1942, Amendment No. 16

Serial Number.
1948/189
1948/190
1948/191
1948/192
1948/193

Date of Enactment.
26/11/48
26/11/48
1/12/48
8/12/48
8/12/48

Price (Postage 1d. extra).
1d.
1d.
1d.
6d.
2d.

Copies can be purchased at the Government Printing and Stationery Office, Lambton Quay, Wellington. Prices for quantities supplied on application. Copies may be ordered by quoting serial number.

E. V. PAUL, Government Printer.

BANKRUPTCY NOTICES

In Bankruptcy.—Supreme Court

CARL FREDERICK WAHRLICH, of 22 Tutuiki Street, Waterloo, Auckland, Baker and Driver, was adjudged bankrupt on the 30th November, 1948. Creditors’ meeting will be held at my office on Monday, the 6th December, 1948, at 10.30 a.m.

V. R. CROWHURST, Official Assignee.

4th Floor, Dilworth Building, Customs Street East, Auckland C. 1.

In Bankruptcy.—Supreme Court

REGINALD ACKLAND TIMS, of Auckland, Moulder, was adjudged bankrupt on the 26th November, 1948. Creditors’ meeting will be held at my office on Wednesday, the 8th December, 1948, at 10.30 a.m.

V. R. CROWHURST, Official Assignee.

4th Floor, Dilworth Building, Customs Street East, Auckland C. 1.

In Bankruptcy.—Supreme Court

GORDON ALBURY, of Park Road, Titirangi, Builder and Contractor, was adjudged bankrupt on the 1st December, 1948. Creditors’ meeting will be held at my office on Thursday, the 9th December, 1948, at 10.30 a.m.

V. R. CROWHURST, Official Assignee.

4th Floor, Dilworth Building, Customs Street East, Auckland C. 1.

In Bankruptcy.—Supreme Court

HUDSON, of Settlement Road, Papakura, Builder and Contractor, was adjudged bankrupt on the 26th November, 1948. Creditors’ meeting will be held at my office, on Monday, the 13th December, 1948, at 10.30 a.m.

V. R. CROWHURST, Official Assignee.

4th Floor, Dilworth Building, Customs Street East, Auckland C. 1.

In Bankruptcy.—Supreme Court

CICIL SPEARING KENSINGTON, of 34 Williams Street, Cambridge, Timber Merchant, was adjudged bankrupt on 3rd December, 1948. Creditors’ meeting will be held at Courthouse, Cambridge, on Thursday, 16th December, 1948, at 11 a.m.

H. B. REID, Official Assignee.

In Bankruptcy

Re EDNA NOVA MEREDITH, of Waikouru, Caterer.

NOTICE is hereby given that a first dividend of 10d. in the pound on all proved claims in above estate is now payable.

E. L. EGARR, Official Assignee.

Taihape, 3rd December, 1948.

In Bankruptcy.—Supreme Court

KEITH RAYMOND WILDING KEAR, formerly of New Plymouth, Hostel Lessee, now of Alfredton, Farm Employee, was adjudged bankrupt on the 1st December, 1948. Creditors’ meeting will be held at Courthouse, New Plymouth, on Monday, 13th December, 1948, at 11 a.m.

L. W. LOUISSON, Official Assignee.

In Bankruptcy.—Supreme Court

ROBERT DOUGLAS LITTLE, of Mangakino, Builder, was adjudged bankrupt on 3rd December, 1948. Creditors’ meeting will be held at Courthouse, Putaruru, on Wednesday, 15th December, 1948, at 10.30 a.m.

H. B. REID, Official Assignee.

In Bankruptcy.—Supreme Court

LESLIE GEORGE WILSON, of 141 Hastings Street, Napier, Builder and Contractor, was adjudged bankrupt on the 1st December, 1948. Creditors’ meeting will be held at my office, Courthouse, Napier, on Tuesday, 14th December, 1948, at 11 a.m.

A. J. BENNETTS, Official Assignee.