19 JUNE
THE NEW ZEALAND GAZETTE
827

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, 11 JUNE 1958

Liabilities

2. General Reserve Fund …… …… £1,500,000 0 0
3. Bank notes …… …… 74,300,759 10 0
4. Demand liabilities—
   (a) State—
   (i) Government marketing accounts …… 422,715 8 1
   (ii) Other …… 9,225,562 15 11
   (b) Banks …… 57,675,790 10 7
   (c) Other—
   (i) Marketing organisations …… 419,176 11 7
   (ii) Other demand liabilities …… 1,640,266 17 2
5. Time deposits …… …… ……
6. Liabilities in currencies other than New Zealand currency …… …… 68,194 5 10
7. Other liabilities …… …… 9,682,288 17 11

£154,934,754 17 1

Assets

8. Reserve—
   (a) Gold …… 6,162,663 18 10
   (b) Sterling exchange …… 18,024,639 12 1
   (c) Gold exchange …… ……
   (d) Other exchange …… 732,440 15 11
9. Subsidiary coin …… 565,593 12 6
10. Discounts—
    (a) Commercial and agricultural bills ……
    (b) Treasury and local body bills ……
11. Advances—
    (a) To the State or State undertakings—
    (i) Government marketing accounts …… ……
    (ii) For other purposes …… 49,991,537 14 9
    (b) To other public authorities …… ……
    (c) Other—
    (i) Marketing organisations …… 42,128,887 13 3
    (ii) Other advances …… ……
12. Investments—
    (a) Sterling …… 13,569,497 7 4
    (b) Other …… 22,807,997 0 6
13. Bank buildings …… …… ……
14. Other assets …… 951,497 1 11

£154,934,754 17 1

R. M. SMITH, Chief Accountant.

Notice Under the Regulations Act 1936

PURSUANT to the Regulations Act 1936, notice is hereby given of the making of regulations as under:

Authority for Enactment Short Title or Subject-matter Serial Number Date of Enactment Price (Postage Free)
Health Act 1956 …… …… Hairdressers (Health) Regulations Extension Notice 1958 1958/79 12/6/58 6d.
Public Works Act 1928 …… …… Electrical Wiring Regulations 1935, Amendment No. 6 1958/80 18/6/58 6d.
Orchard and Garden Diseases Act 1928 …… Revocation of Fruit Tree Grading Regulations …… 1958/81 18/6/58 6d.
Agricultural Workers Act 1936 …… Agricultural Workers (Tobacco Growers) Extension Order 1954, Amendment No. 3 1958/82 18/6/58 6d.

Copies can be purchased from the Government Printer, Publications Branch, Lambton Quay, Wellington. Prices for quantities supplied on application. Copies may be ordered by quoting serial number.

R. E. OWEN, Government Printer.

The Mutual Insurance Act 1955

PURSUANT to section 41 Mutual Insurance Act 1955, a synopsis of the business of the under-mentioned insurance associations as at 31 March 1957, based on statements deposited by those associations in the office of the Public Trustee, is hereby published:

FARMERS’ MUTUAL INSURANCE ASSOCIATION (formerly Otago Farmers’ Union Mutual Fire Insurance Association)

Assets—
Cash at hand and in bank …… …… £4,649
Loans and investments …… …… 83,312
Outstanding premium notes …… …… 313,773
Other assets …… …… 44,205

Liabilities—
Policies in force …… …… 29,524,185
Existing claims …… …… 26,398

Income—
Premium income …… …… 124,307
Interest …… …… 2,905
Other income …… …… 5,679

Expenditure—
Losses …… …… 34,933
Expenses …… …… 68,009
Reinsurance …… …… 13,796
Other payments and expenses …… …… 4,457

DOMINION FARMERS’ MUTUAL INSURANCE ASSOCIATION (formerly Wellington Farmers’ Union Mutual Fire Insurance Association)

Assets—
Cash at hand and in bank …… …… £16,760
Loans and investments …… …… 34,925
Outstanding premium notes …… …… 76,430
Other assets …… …… 49,045

Liabilities—
Policies in force …… …… £22,078,306
Existing claims …… …… 20,724

Income—
Premium income …… …… 96,851
Interest …… …… 1,322
Other income …… …… 1,811

Expenditure—
Losses …… …… 32,550
Expenses …… …… 42,680
Reinsurance …… …… 12,666
Other payments and expenses …… …… 4,268

TARANAKI FARMERS’ MUTUAL FIRE INSURANCE ASSOCIATION

Assets—
Cash at hand and in bank …… …… £3,552
Loans and investments …… …… 45,824
Outstanding premium notes …… …… 43,365
Other assets …… …… 15,426

Liabilities—
Policies in force …… …… £6,462,538
Existing claims …… …… 5,561

Income—
Premium income …… …… 23,516
Interest …… …… 1,551
Other income …… …… 4,081

Expenditure—
Losses …… …… 4,840
Expenses …… …… 12,601
Reinsurance …… …… 3,377
Other payments and expenses …… …… 4,185

Dated at Wellington this 10th day of June 1958.

G. E. TURNEY, Public Trustee.