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, 21 FEBRUARY 1962

Liabilities

£ s. d.

2. General Reserve Fund
   ... ... ... ... ... ... ... ... ... 1,500,000 0 0
3. Bank notes
   ... ... ... ... ... ... ... ... ... 82,578,863 10 0
4. Demand liabilities—
   (a) State—
   (i) Government marketing accounts
   ... ... ... ... ... ... ... ... 1,004,610 1 0
   (ii) Other
   ... ... ... ... ... ... ... ... 14,248,365 14 0
   (b) Banks
   ... ... ... ... ... ... ... ... 99,330,198 6 10
   (c) Other—
   (i) Marketing organisations
   ... ... ... ... ... ... ... 2,061,869 12 7
   (ii) Other demand liabilities
   ... ... ... ... ... ... ... 2,187,566 14 7
5. Time deposits
   ... ... ... ... ... ...
6. Liabilities in currencies other than New Zealand currency
   ... ... ... ... ... ... ... ... ... 170,052 1 5
7. Other liabilities
   ... ... ... ... ... ... ... ... ... 8,913,105 17 3

£211,994,631 17 8

Assets

£ s. d.

8. Reserve—
   (a) Gold
   ... ... ... ... ... ... ... ... ... 242,331 19 4
   (b) Sterling exchange
   ... ... ... ... ... ... ... ... 18,419,908 11 0
   (c) Gold exchange
   ... ... ... ... ... ... ... ... ...
   (d) Other exchange
   ... ... ... ... ... ... ... ... 306,852 8 6
9. Subsidiary coin
   ... ... ... ... ... ... ... ... 255,382 12 2
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
    ... ... ... ... ... ... ... ... 36,037,882 15 6
    (b) To other public authorities
    ... ... ... ... ... ... ... ...
    (c) Other—
    (i) Marketing organisations
    ... ... ... ... ... ... ... ... 46,471,676 19 9
    (ii) Other advances
    ... ... ... ... ... ... ... ... 13,120,000 0 0
12. Investments—
    (a) Sterling
    ... ... ... ... ... ... ... ... 18,441,612 14 10
    (b) Other
    ... ... ... ... ... ... ... ... 77,605,488 17 9
13. Bank buildings
    ... ... ... ... ... ...
14. Other assets
    ... ... ... ... ... ... ... ... 1,093,494 18 10

£211,994,631 17 8

R. M. SMITH, Chief Accountant.

Ministry of Works—Schedule of Civil Engineering and Housing Contracts of £10,000 or More in Value

Name of Work

Successful Tenderer

Amount of
Tender
Accepted
£ s. d.

Civil Engineering—
Contract 27/30/48/1: Section development and street earthworks, New Zealand Roadmakers Ltd. ... ... 21,276 5 0
Woods Housing Block, New Plymouth

Housing—
Contract No. 120/15/32: Eight units at Waiouru
... ... J. W. Simpson ... ... ... ... ... 33,144 0 0
Contract No. 158/10/101: Five units at Taita
... ... H. L. Parker Ltd. ... ... ... ... ... 17,019 0 0
Contract No. 158/10/102: Four units at Taita
... ... Quality Homes Ltd. ... ... ... ... ... 10,278 0 0

J. T. GILKISON, Commissioner of Works.

New Zealand Railways—Schedule of Civil Engineering and Building Contracts of £10,000 or More in Value

Name of Work

Successful Tenderer

Amount of
Tender
Accepted
£

Construction of new railway station building at Milson
... ... J. L. McMillan and Co. Ltd., Palmerston North ... 190,575
Construction of bridge No. 70 L Manawatu Line, Milson
... ... R. and E. Hood Ltd., Palmerston North ... 10,155

A. T. GANDELL, General Manager

BANKRUPTCY NOTICES

In Bankruptcy—Supreme Court

W. J. McCrea, formerly of 98 Wilson Street, Wellington, now of 31 St. Georges Bay Road, Auckland, salesman, was adjudged bankrupt on 23 February 1962. Creditors' meeting will be held at my office on Wednesday, 7 March 1962, at 2.15 p.m.

E. C. CARPENTER, Official Assignee.
Fourth Floor, Dilworth Building, Customs Street East, Auckland.

In Bankruptcy—Supreme Court

Charles John Reid, of 34 Rahiri Road, Mount Eden, shopkeeper, was adjudged bankrupt on 23 February 1962. Creditors' meeting will be held at my office on Friday, 9 March 1962, at 2.15 p.m.

E. C. CARPENTER, Official Assignee.
Fourth Floor, Dilworth Building, Customs Street East, Auckland.

In Bankruptcy—Supreme Court

Allan Rolf Smith (also known as Allan Martin, trading as Martin Electrical), of 202 Jervois Road, Herne Bay, salesman, was adjudged bankrupt on 23 February 1962. Creditors' meeting will be held at my office on Friday, 9 March 1962, at 10.30 a.m.

E. C. CARPENTER, Official Assignee.
Fourth Floor, Dilworth Building, Customs Street East, Auckland.

In Bankruptcy—Supreme Court

J. Marshall, of 19 Ring Terrace, Ponsonby, married woman, was adjudged bankrupt on 23 February 1962. Creditors' meeting will be held at my office on Friday, 9 March 1962, at 11.30 a.m.

E. C. CARPENTER, Official Assignee.
Fourth Floor, Dilworth Building, Customs Street East, Auckland.