SEPT. 20] THE NEW ZEALAND GAZETTE 1409

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, 12TH SEPTEMBER 1951

Liabilities £ s. d. Assets £ s. d.
2. General Reserve Fund .. .. .. 1,500,000 0 0 8. Reserve—
3. Bank-notes .. .. 60,528,991 10 0 (a) Gold .. .. 5,319,514 2 8
4. Demand liabilities— (b) Sterling exchange* .. .. 76,360,254 7 5
(a) State .. .. 15,663,070 17 2 (c) Gold exchange .. .. ..
(b) Banks .. .. 83,967,667 1 6 (d) Other exchange .. .. 537,667 11 11
(c) Other .. .. 4,076,673 1 3 9. Subsidiary coin .. .. 680,751 18 1
5. Time deposits .. .. .. 10. Discounts—
6. Liabilities in currencies other than New (a) Commercial and agricultural bills .. ..
Zealand currency .. .. 94,906 5 8 (b) Treasury and local-body bills .. ..
7. Other liabilities .. .. 5,069,866 12 8 11. Advances—
(a) To the State or State undertakings—
(1) Marketing organizations .. 1,213,330 8 8
(2) For other purposes .. 50,156,302 1 3
(b) To other public authorities .. ..
(c) Other .. 6,018,613 13 8
12. Investments .. .. 28,281,103 0 4
13. Bank buildings .. .. ..
14. Other assets .. .. 2,333,638 4 3

£(N.Z.)170,901,175 8 3 £(N.Z.)170,901,175 8 3

• Expressed in New Zealand currency.

W. R. EGGERS, Chief Accountant.

Abstract of Railways Working Account

FOUR-WEEKLY PERIOD ENDED 18 AUGUST 1951

Section. Revenue. Expenditure. Net Revenue.
£ £ £
North Island main line and branches 957,612 1,046,405 —88,793
South Island main line and branches 565,001 608,795 —43,794
Nelson 1,901 4,227 —2,326

Total railway operation 1,524,514 1,659,427 —134,913
Miscellaneous and subsidiary services 285,164 283,271 1,893

Total 1,809,678 1,942,698 —133,020

1 APRIL 1951, TO 18 AUGUST 1951

Revenue. Expenditure. Net Revenue.
£ £ £
4,170,023 4,939,343 —769,320
2,368,000 2,951,941 —583,941
9,780 20,463 —10,683

6,547,803 7,911,747 —1,363,944
1,431,138 1,396,205 34,933

7,978,941 9,307,952 —1,329,011

ANALYSIS OF RAILWAY OPERATING REVENUE AND TRAFFIC

                                    Four-weekly     Year to Date.
                                    Period.
                                    £               £

Passenger 164,887 736,009
Parcels, luggage, and mails 36,572 182,908
Goods 1,294,690 5,524,197
Labour and demurrage 28,365 104,689

Total railway operating revenue 1,524,514 6,547,803

Passengers No. 1,444,688 7,844,538

Live-stock Tons 38,324 225,922
Timber ,, 65,168 242,096
Other goods ,, 699,971 2,789,815

Total goods ,, 803,463 3,257,833

Road Motor Services—
Passengers No. 1,918,483 9,476,698
Revenue £ 178,972 896,310

ANALYSIS OF RAILWAY OPERATING EXPENDITURE

                                    Four-weekly     Year to Date.
                                    Period.
                                    £               £

Maintenance—
Way and works 314,901 1,517,169
Signals and electrical appliances 54,303 228,394
Rolling-stock 373,286 1,815,274
Transportation—
Locomotive 409,069 1,848,715
Traffic 458,829 2,258,177
General charges 17,895 86,771
Superannuation subsidy 31,144 157,247

Total operating expenditure 1,659,427 7,911,747
Net operating loss 134,913 1,363,944

Total railway operating revenue 1,524,514 6,547,803

Capital cost of open lines as at 31 March 1951 .. £84,992,093

Mining Privilege Struck Off the Register

Mining Registrar’s Office, Westport, 12 September 1951.

NOTICE is hereby given, in accordance with the provisions of section 188 (4) of the Mining Act 1926, that the mining privilege mentioned in the Schedule hereto has been struck off the Register.

C. H. KENT, Deputy Mining Registrar.

SCHEDULE

(Mines 10/5/8)