268 THE NEW ZEALAND GAZETTE No. 10

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 31 JANUARY 1962

Liabilities £ s. d. Assets £ s. d.
2. General Reserve Fund ..... ..... 1,500,000 0 0 8. Reserve—
3. Bank notes ..... ..... 83,493,808 0 0 (a) Gold ..... ..... 242,331 19 4
4. Demand liabilities— (b) Sterling exchange ..... ..... 17,997,835 4 5
(a) State— (c) Gold exchange ..... ..... ——
(i) Government marketing (d) Other exchange ..... ..... 600,817 16 3
accounts ..... ..... 181,657 10 0 9. Subsidiary coin ..... ..... 257,018 10 4
(ii) Other ..... ..... 16,910,575 14 5 10. Discounts—
(b) Banks ..... ..... 96,929,584 5 6 (a) Commercial and agricultural bills ——
(c) Other— (b) Treasury and local body bills ——
(i) Marketing organisations ..... ..... 2,105,868 14 7 11. Advances—
(ii) Other demand liabilities ..... ..... 1,881,770 2 6 (a) To the State or State undertakings—
5. Time deposits ..... ..... —— (i) Government marketing
6. Liabilities in currencies other than New accounts ..... ..... ——
Zealand currency ..... ..... 200,806 3 5 (ii) For other purposes ..... ..... 30,667,166 13 1
7. Other liabilities ..... ..... 8,860,019 10 6 (b) To other public authorities ..... ..... ——
(c) Other—
(i) Marketing organisations ..... ..... 41,430,966 10 7
(ii) Other advances ..... ..... 23,180,000 0 0
12. Investments—
(a) Sterling ..... ..... 18,441,612 14 10
(b) Other ..... ..... 77,605,488 17 9
13. Bank buildings ..... ..... ——
14. Other assets ..... ..... 1,640,851 14 4

£212,064,090 0 11 £212,064,090 0 11

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 9 February 1962, 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 holding of Reserve Bank notes, it shall be equal to not less than 35 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, 7 February 1962.

BANKRUPTCY NOTICES

In Bankruptcy

NOTICE is hereby given that dividends on all proved and accepted claims are now payable at my office in respect of the following estates:

Allan Stewart Roderick Thompson, of Palmerston North, tyre buffer. Second dividend of 2s. in the pound.
Thomas Henry Jones, of Palmerston North, pastrycook. Second and final dividend of 2s. 3¾d. in the pound, making in all 3s. 3¾d. in the pound.
Leslie Allan Hart, of Palmerston North, company director. First and final dividend of 2s. 8d. in the pound, making in all 2s. 8d. in the pound.

A. F. O. CLARKE, Official Assignee.

In Bankruptcy—Supreme Court

HIRAM EDWARD MOORBY, of 17 Awa Street, Otahuhu, surfaceman, was adjudged bankrupt on 2 February 1962. Creditors’ meeting will be held at my office on Friday, 16 February 1962, at 10.30 a.m.

E. C. CARPENTER, Official Assignee.

In Bankruptcy—Supreme Court

JOHN McKAY, of 60 Elizabeth Street, Invercargill, packerman, was adjudged bankrupt on 1 February 1962. Creditors’ meeting will be held at Law Courts, Invercargill, on Monday, 12 February 1962, at 10.30 a.m.

J. MILLER, Official Assignee.
Invercargill.

In Bankruptcy—Supreme Court

KEVIN ARTHUR O’BRIEN and Janice Maria Teresa O’Brien, trading as Mary Anne Manufacturing Co., of 3 Broomhedge Street, Wellington, clothing manufacturers, were adjudged bankrupt on 31 January 1962. Creditors’ meeting will be held at 57 Ballance Street, Wellington, on Tuesday, 13 February 1962, at 10.30 a.m.

J. LIST, Official Assignee.
Wellington, 1 February 1962.

In Bankruptcy

NOTICE is hereby given that dividends are payable in the under-mentioned estates on all proved claims:

Gould, Richard William, and Neilson, Carnegie, trading as Gould and Neilson, of Christchurch, builders. First and final dividend of 5s. 7½d. in the pound.
Robinson, Edwin Morris, of Christchurch, labourer. First and final dividend of 6¼d. in the pound.

O. T. GRATTAN, Official Assignee.
Provincial Council Chambers, Armagh Street, Christchurch, 1 February 1962.

In Bankruptcy—Supreme Court

STEPHEN NORMAN DOUGLAS, of 16 Lorne Street, South Dunedin, driver, was adjudged bankrupt on 1 February 1962. Creditors’ meeting will be held at the Courthouse, Stuart Street, Dunedin, on Thursday, 15 February 1962, at 10.30 a.m.

P. A. GAVIN, Official Assignee.
Dunedin.