1946

THE NEW ZEALAND GAZETTE
No. 78

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, 9 DECEMBER 1959

Liabilities

2. General Reserve Fund
£ s. d.
1,500,000 0 0
3. Bank notes
88,138,109 10 0
4. Demand liabilities—
(a) State—
(i) Government marketing accounts
£ s. d.
105,678 16 8
(ii) Other
11,460,847 15 5
(b) Banks
66,472,285 0 6
(c) Other—
(i) Marketing organisations
346,803 7 1
(ii) Other demand liabilities
844,954 8 0
5. Time deposits
6. Liabilities in currencies other than New Zealand currency
7. Other liabilities
54,258 3 8
8,650,714 7 0

£177,573,651 8 4

Assets

8. Reserve—
(a) Gold
£ s. d.
315,210 0 6
(b) Sterling exchange
60,604,332 13 6
(c) Gold exchange
(d) Other exchange
399,644 17 3
9. Subsidiary coin
641,666 0 7
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
50,978,311 15 0
(b) To other public authorities
(c) Other—
(i) Marketing organisations
11,092,083 4 1
(ii) Other advances
12. Investments—
(a) Sterling
£ s. d.
13,694,497 7 4
(b) Other
32,808,147 0 6
13. Bank buildings
14. Other assets—
(a) Gold
£ s. d.
5,848,080 10 11
(b) Other
1,191,677 18 8

£177,573,651 8 4

R. M. SMITH, Chief Accountant.

Reserve Bank of New Zealand

PURSUANT to section 45 of the Reserve Bank of New Zealand Act 1933 (as amended by section 23 of the Reserve Bank of New Zealand Amendment Act 1936), the Governor of the Reserve Bank, acting with the authority of the Minister of Finance, hereby gives notice that, as from 22 December 1959, the balance to be maintained in the Reserve Bank by each other bank for the time being carrying on business in New Zealand in accordance with the said section 45 shall be such that, when added to that bank's holdings of Reserve Bank notes, it shall be equal to not less than 34 per cent of its demand liabilities in New Zealand, plus 10 per cent of its time liabilities in New Zealand, as shown in the last preceding monthly return furnished by that bank in accordance with section 46 of the Reserve Bank of New Zealand Act 1933.

Provided that the minimum balance to be maintained at the Reserve Bank shall not be less than 7 per cent of its demand liabilities in New Zealand, plus 3 per cent of its time liabilities in New Zealand.

For the purpose of this calculation a bank's holding of Reserve Bank notes shall be as shown in the latest available weekly return provided under the Statistics Act 1955.

E. C. FUSSELL, Governor of the Reserve Bank.

Reserve Bank of New Zealand, Wellington, 16 December 1959.

BANKRUPTCY NOTICES

In Bankruptcy—Supreme Court

MAURICE CORNELIUS O'DONOGHUE, of 2 Browning Street, Grey Lynn, salesman, was adjudged bankrupt on 10 December 1959. Creditors' meeting will be held at my office, on Tuesday, 22 December 1959, at 10.30 a.m.

T. C. DOUGLAS, Official Assignee.

Fourth Floor, Dilworth Building, Customs Street East, Auckland C. 1.

In Bankruptcy—Supreme Court

ROYCE WILLIAM RAYMOND STANSBURY, of Maitai Valley, Nelson, carpenter's labourer, was adjudged bankrupt on the 11th day of December 1959. Creditors' meeting will be held at my office, Courthouse, Nelson, on Wednesday, 23 December 1959, at 2 p.m.

T. M. BROOKS, Official Assignee.

Nelson.

In Bankruptcy—Supreme Court

WILLIAM DANIEL CODY, of 17 Kaianga Road, Belfast, caretaker, was adjudged bankrupt on 14 December 1959. Creditors' meeting will be held at my office, Provincial Council Chambers, Armagh Street, Christchurch, on Tuesday, 22 December 1959, at 10.30 a.m.

E. G. TYLER, Official Assignee.

Christchurch, 14 December 1959.

In Bankruptcy—Supreme Court

RAYMOND ARCHER DITFORD, of 11 Achilles Street, Christchurch, wood and coal merchant, was adjudged bankrupt on 9 December 1959. Creditors' meeting will be held at my office, Provincial Council Chambers, Armagh Street, Christchurch, on Monday, 21 December 1959, at 10.30 a.m.

E. G. TYLER, Official Assignee.

Christchurch, 9 December 1959.

In Bankruptcy—Supreme Court

DANIEL JOHN WILLIAM McGUIRE, of 446 Pages Road, Christchurch, wood and coal merchant, was adjudged bankrupt on 9 December 1959. Creditors' meeting will be held at my office, Provincial Council Chambers, Armagh Street, Christchurch, on Monday, 21 December 1959, at 10.30 a.m.

E. G. TYLER, Official Assignee.

Christchurch, 9 December 1959.

In Bankruptcy—Supreme Court

THOMAS GIBSON WATERS, of 59 Eglinton Road, Dunedin, retired architect, was adjudged bankrupt on 9 December 1959. Creditors' meeting will be held at Supreme Court Buildings, Dunedin, on the 17th day of December 1959, at 2.30 p.m.

H. J. WORTHINGTON, Official Assignee.

Dunedin, 10 December 1959.