May 18] THE NEW ZEALAND GAZETTE 619

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,
3RD MAY, 1950

Liabilities Assets
£ s. d. £ s. d.

1. General Reserve Fund .. .. .. 1,500,000 0 0 7. Reserve—
2. Bank-notes .. .. .. 54,224,705 0 0 (a) Gold .. .. .. 4,122,324 17 10
3. Demand liabilities— (b) Sterling exchange* .. .. .. 54,520,591 15 7
   (a) State .. .. .. 17,117,699 19 7 (c) Gold exchange .. .. .. ..
   (b) Banks .. .. .. 77,500,922 14 5 8. Subsidiary coin .. .. .. 135,501 0 5
   (c) Other .. .. .. 899,730 1 6 9. Discounts—
4. Time deposits .. .. .. .. (a) Commercial and agricultural bills .. ..
5. Liabilities in currencies other than New (b) Treasury and local-body bills .. ..
   Zealand currency .. .. .. 26,534 10 5 10. Advances—
6. Other liabilities .. .. .. 5,143,564 15 9 (a) To the State or State undertakings—
   (1) Marketing organizations .. .. 6,361,567 0 2
   (2) For other purposes .. .. 53,000,000 0 0
   (b) To other public authorities .. .. ..
   (c) Other .. .. .. .. .. 5,274,953 16 1
7. Investments .. .. .. .. .. 31,658,142 3 8
8. Bank buildings .. .. .. .. .. ..
9. Other assets .. .. .. .. .. 1,340,076 7 11
   £(N.Z.)156,413,157 1 8 £(N.Z.)156,413,157 1 8

• Expressed in New Zealand currency.

Proportion of reserve (No. 7 less No. 5) to notes and other demand liabilities, 39·144 per cent.

W. R. EGGERS, Chief Accountant.

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,
10TH MAY, 1950

Liabilities Assets
£ s. d. £ s. d.

1. General Reserve Fund .. .. .. 1,500,000 0 0 7. Reserve—
2. Bank-notes .. .. .. 53,983,467 0 0 (a) Gold .. .. .. 4,153,623 17 7
3. Demand liabilities— (b) Sterling exchange* .. .. .. 55,146,391 2 3
   (a) State .. .. .. 13,186,761 1 11 (c) Gold exchange .. .. .. ..
   (b) Banks .. .. .. 77,379,797 19 11 8. Subsidiary coin .. .. .. 135,594 4 6
   (c) Other .. .. .. 872,328 19 4 9. Discounts—
4. Time Deposits .. .. .. .. (a) Commercial and agricultural bills .. ..
5. Liabilities in currencies other than New (b) Treasury and local-body bills .. ..
   Zealand currency .. .. .. 26,772 7 7 10. Advances—
6. Other liabilities .. .. .. 5,160,044 16 5 (a) To the State or State undertakings—
   (1) Marketing organizations .. .. 5,544,035 3 6
   (2) For other purposes .. .. 53,000,000 0 0
   (b) To other public authorities .. .. ..
   (c) Other .. .. .. .. .. 5,276,685 8 0
7. Investments .. .. .. .. .. 27,658,142 3 8
8. Bank buildings .. .. .. .. .. ..
9. Other assets .. .. .. .. .. 1,194,700 5 8
   £(N.Z.)152,109,172 5 2 £(N.Z.)152,109,172 5 2

• Expressed in New Zealand currency.

Proportion of reserve (No. 7 less No. 5) to notes and other demand liabilities, 40·759 per cent.

W. R. EGGERS, Chief Accountant.

CROWN LANDS NOTICE

Land in the Canterbury Land District for Sale or Lease

District Lands and Survey Office,
Christchurch, 15th May, 1950.

NOTICE is hereby given that the undermentioned land is open
for sale or lease under the Land Act, 1948, and applications
will be received at the District Lands and Survey Office, Christchurch,
up to 4 o’clock p.m. on Friday, 23rd June, 1950.

Applicants may be required by the Commissioner of Crown
Lands, acting on behalf of the Land Settlement Board, to appear
personally at a place and time to be arranged in support of the
applications.

The ballot will be held on Tuesday, 27th June, 1950, at the
District Lands and Survey Office, Christchurch, at 2 o’clock p.m.
and any persons who so wish may attend.

The successful applicant is required to pay immediately on
notification of result, a deposit comprising the first half-year’s rent
or deposit on deferred payments, broken-period rent, lease fee, or
the purchase-price of the property plus title fee. In addition the
amount of weighting for improvements is to be paid in cash.

SCHEDULE

BLOCK VII, MAIRAKI SURVEY DISTRICT.—FARM LAND
Rangiora County

SECTION, Reserve 1738 : Area, 50 acres 3 roods 35 perches. Rental
value or purchase-price, £285. Deposit on deferred payments, £15.
Deferred payments : Half-yearly instalment (term 20 years),
£10 8s. 4d. Renewable lease : Half-yearly rent, £6 8s. 3d.

Weighted with £15 (payable in cash) for improvements com-
prising half-share of 56 chains boundary fencing.

This area is three and a half miles from Cust Township by a
good road. The property has a southerly aspect and consists of
ploughable hill country broken by three main gullies. Ring-fenced
by badly overgrown gorse and wire fences. Dense gorse in the
gullies is spreading on to the ploughable land, but this could be
controlled by burning and cutting the gorse fences. There is
scattered gorse over the whole area but it could be controlled by
ploughing. The pasture is run out to brown-top but there is some
sweet vernal and white-clover showing.

If selected on renewable lease or under deferred-payment
licence a remission of two years’ rent, or interest, will be granted
subject to gorse being cleared and the land grassed to the satisfaction
of the Commissioner of Crown Lands.

The area is suitable to work in with adjoining land, but as there
is access by Davis Road, persons with land in the locality may make
application.

Any further particulars may be obtained from the undersigned.

T. W. PRESTON, Commissioner of Crown Lands.

(L. and S. H.O. 6/1/30 ; D.O. O.L. 3536.)