New Zealand Gazette – 1963 – No. 34

Page 813

✨ Reserve Bank Statements and Notice



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, 29 MAY 1963

Liabilities £ s. d.
2. General Reserve Fund 1,500,000 0 0
3. Bank notes 82,197,405 0 0
4. Demand liabilities—
(a) State—
(i) Government marketing Accounts 1,787,254 4 4
(ii) Other 22,335,403 12 9
(b) Banks 73,299,137 15 7
(c) Other—
(i) Marketing organisations 361,316 15 3
(ii) Other demand liabilities 1,563,377 16 4
5. Time deposits
6. Liabilities in currencies other than New Zealand currency 268,636 11 5
7. Other liabilities 9,763,402 2 9
£193,075,933 18 5
Assets £ s. d.
8. Reserve—
(a) Gold 243,607 19 4
(b) Sterling exchange 52,365,853 5 4
(c) Gold exchange
(d) Other exchange 510,577 12 9
9. Subsidiary coin 450,377 19 8
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 120,305 8 5
(b) To other public authorities
(c) Other—
(i) Marketing organisations 44,322,232 1 10
(ii) Other advances 1,685,000 0 0
12. Investments—
(a) Sterling 20,786,143 19 10
(b) Other 70,070,835 16 1
13. Bank buildings
14. Other assets 2,520,999 15 2
£193,075,933 18 5

M. R. HUTTON, Deputy Chief Accountant.

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, 5 JUNE 1963

Liabilities £ s. d.
2. General Reserve Fund 1,500,000 0 0
3. Bank notes 82,668,230 0 0
4. Demand liabilities—
(a) State—
(i) Government marketing Accounts 1,787,254 4 4
(ii) Other 19,146,286 6 9
(b) Banks 71,676,121 5 10
(c) Other—
(i) Marketing organisations 368,348 13 11
(ii) Other demand liabilities 2,494,129 18 11
5. Time deposits
6. Liabilities in currencies other than New Zealand currency 329,394 15 8
7. Other liabilities 9,829,513 17 4
£189,799,279 2 9
Assets £ s. d.
8. Reserve—
(a) Gold 243,607 19 4
(b) Sterling exchange 52,438,868 3 6
(c) Gold exchange
(d) Other exchange 535,764 9 2
9. Subsidiary coin 458,175 5 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 107,519 7 11
(b) To other public authorities
(c) Other—
(i) Marketing organisations 43,155,225 15 9
(ii) Other advances
12. Investments—
(a) Sterling 20,786,143 19 10
(b) Other 69,717,437 12 11
13. Bank buildings
14. Other assets 2,356,536 8 9
£189,799,279 2 9

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 14th June 1963, 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 27 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.

G. WILSON, Governor of the Reserve Bank.
Reserve Bank of New Zealand, Wellington, 12 June 1963.

Conscience Money Received

10s. to the Agriculture Department.
£1 4s., £2, £12, £5, £20, £12, £5, £7 10s., £22 15s., and £35 to the Inland Revenue Department.
£25 to the Social Security Department.
£23 13s. to the Treasury Department.

Dated at Wellington this 7th day of June 1963.

E. L. GREENSMITH, Secretary to the Treasury.



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✨ LLM interpretation of page content

💰 Reserve Bank of New Zealand Statement of Assets and Liabilities as at 29 May 1963

💰 Finance & Revenue
29 May 1963
Reserve Bank, Assets, Liabilities, Financial Statement, Banking
  • M. R. Hutton, Deputy Chief Accountant

💰 Reserve Bank of New Zealand Statement of Assets and Liabilities as at 5 June 1963

💰 Finance & Revenue
5 June 1963
Reserve Bank, Assets, Liabilities, Financial Statement, Banking
  • R. M. Smith, Chief Accountant

💰 Notice on Reserve Bank Balance Requirements for Banks

💰 Finance & Revenue
12 June 1963
Reserve Bank Act, Banking regulations, Reserve requirements, Demand liabilities, Time liabilities
  • G. Wilson, Governor of the Reserve Bank

💰 Conscience Money Received by Government Departments

💰 Finance & Revenue
7 June 1963
Conscience money, Donations, Agriculture Department, Inland Revenue Department, Social Security Department, Treasury Department
  • E. L. Greensmith, Secretary to the Treasury