✨ Price Control and Financial Statement
Jan. 18] THE NEW ZEALAND GAZETTE 51
(e) An amount calculated at the rate per bushel as follows:—
(i) For wheat sold in lots of 1 ton or more: 4d. per bushel.
(ii) For wheat sold in lots of ½ ton or more but less than 1 ton: 5d. per bushel.
(iii) For wheat sold in lots of one sack or more but less than ½ ton: 7d. per bushel.
(iv) For wheat sold in lots of—
(a) ½ bushel or more but less than one sack: 1s. 3d. per bushel.
(b) Under ½ bushel: 2s. per bushel.
Provided that where a distributor sells any wheat to which this Order applies on the basis of sacks included the amounts fixed in each of subparagraphs (i), (ii), or (iii) hereof may be increased by 9d. per bushel.
Provided, further, that with respect to all wheat sold in lots of one sack or more during the months of January, February, or March, and with respect to wheat sold at Dunedin and Invercargill during the month of April, the maximum price shall not exceed the sum of the appropriate price set out hereunder, and such increase as may be appropriate under the provisions of paragraph (d) of this clause:—
| Place of Sale. | When Sold ex Rail. Per Bushel. | When Sold ex Store on Railway Siding in Lots of— | ||
|---|---|---|---|---|
| 1 Ton or More. Per Bushel. | ½ Ton but Less Than 1 Ton. Per Bushel. | 1 Sack but Less Than ½ Ton. Per Bushel. | ||
| s. d. | s. d. | s. d. | s. d. | |
| Blenheim | ||||
| Christchurch | ||||
| Timaru | ||||
| Oamaru | ||||
| Dunedin | 11 5 | 11 7½ | 11 8½ | 11 10½ |
| Invercargill |
(2) The maximum prices fixed in the table to subclause (1) hereof are fixed for sales made on the basis of sacks included and where sales are made on the basis of sacks extra the said prices shall be reduced by 9d. per bushel.
(3) Where delivery is effected by a distributor from a store situated elsewhere than on a railway siding at one of the places mentioned in the table to subclause (1) hereof he may add to the appropriate price fixed by the foregoing provisions of this clause the actual cartage charges incurred by him in obtaining delivery of the wheat into that store.
Retailers’ Prices
-
The maximum price that may be charged or received by any retailer for any wheat to which this Order applies shall be the sum of the following amounts:—
(a) The cost of the wheat to the retailer at the point at which he takes delivery but not more in any case than the cost that would have been incurred had the retailer purchased the wheat in lots of ½ ton or more:
(b) The amount of any transport charges incurred by the retailer in obtaining delivery of the wheat into his store, being not more in any case than the charges that would have been incurred had delivery been effected at common carrier rates.
(c) An amount calculated at the rate per bushel as follows:—
(i) For wheat sold in sack lots: 1s. per bushel.
(ii) For wheat sold in lots of ½ bushel or more but less than one sack: 1s. 9d. per bushel.
(iii) For wheat sold in lots of less than ½ bushel: 2s. 6d. per bushel. -
Where the prices fixed by this Order do not include the price of the sacks, an additional charge may be made for the sacks not exceeding—
For 46 in. by 23 in. sacks .. .. .. .. .. .. s. d.
For 41 in by 23 in. sacks .. .. .. .. .. .. 2 9
For 29 in. by 18 in. (sugar-bags) .. .. .. .. .. .. 2 3
.. .. .. .. .. .. .. .. .. .. .. .. .. .. 0 6 -
Subject to such conditions if any, as it thinks fit, the Tribunal on application by any distributor or retailer may authorize special prices in respect of any wheat to which this Order applies where special circumstances exist or for any reason extraordinary charges (freight of otherwise) are incurred. Any authority given by the Tribunal under this clause may apply with respect to a specified lot or consignment of wheat or may relate generally to all wheat to which this Order applies, sold by the distributor or retailer while the approval remains in force.
Dated at Wellington, this 18th day of January, 1951.
The Seal of the Price Tribunal was affixed hereto in the presence of—
[L.S.]
P. B. MARSHALL, President.
G. LAURENCE, Member.
—
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 JANUARY, 1951
| Liabilities | £ | s. | d. |
|---|---|---|---|
| 1. General Reserve Fund | 1,500,000 | 0 | 0 |
| 2. Bank-notes | 61,967,942 | 0 | 0 |
| 3. Demand liabilities— | |||
| (a) State | 19,323,046 | 11 | 5 |
| (b) Banks | 62,646,649 | 12 | 7 |
| (c) Other | 180,849 | 9 | 5 |
| 4. Time deposits | |||
| 5. Liabilities in currencies other than New Zealand currency | 47,245 | 15 | 7 |
| 6. Other liabilities | 5,100,661 | 5 | 5 |
| £(N.Z.)150,766,394 | 14 | 5 |
| Assets | £ | s. | d. |
|---|---|---|---|
| 7. Reserve— | |||
| (a) Gold | 4,714,047 | 9 | 9 |
| (b) Sterling exchange* | 47,528,020 | 12 | 0 |
| (c) Gold exchange | |||
| (d) Other exchange | 375,033 | 3 | 1 |
| 8. Subsidiary coin | 222,546 | 17 | 6 |
| 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 | 5,842,215 | 9 | 4 |
| (2) For other purposes | 53,001,371 | 2 | 11 |
| (b) To other public authorities | |||
| (c) Other | 5,824,312 | 13 | 11 |
| 11. Investments | 30,974,228 | 3 | 7 |
| 12. Bank buildings | |||
| 13. Other assets | 2,284,619 | 2 | 4 |
| £(N.Z.)150,766,394 | 14 | 5 |
- Expressed in New Zealand currency.
R. W. COX, Deputy Chief Accountant.
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1951, No 2
NZLII —
NZ Gazette 1951, No 2
✨ LLM interpretation of page content
🏭
Price Order No. 1208 (Wheat Grown in the South Island of New Zealand)
(continued from previous page)
🏭 Trade, Customs & Industry18 January 1951
Price Control, Wheat, South Island, Maximum Prices, Growers, Brokers, Distributors
- P. B. Marshall, President
- G. Laurence, Member
💰 Statement of Assets and Liabilities of the Reserve Bank of New Zealand
💰 Finance & Revenue3 January 1951
Reserve Bank, Assets, Liabilities, Financial Statement
- R. W. Cox, Deputy Chief Accountant