Financial Statements and Regulations




11 JULY
THE NEW ZEALAND GAZETTE
959
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, 3 JULY 1963
Liabilities
| | £ | s. | d. |
| --- | --- | --- | --- |
| 2. General Reserve Fund | 1,500,000 | 0 | 0 |
| 3. Bank notes | 81,028,771 | 10 | 0 |
| 4. Demand liabilities— | | | |
| (a) State— | | | |
| (i) Government marketing accounts | 468,195 | 13 | 8 |
| (ii) Other | 18,396,457 | 5 | 11 |
| (b) Banks | 72,218,981 | 2 | 9 |
| (c) Other— | | | |
| (i) Marketing organisations | 432,407 | 12 | 4 |
| (ii) Other demand liabilities | 3,028,893 | 5 | 6 |
| 5. Time deposits | | | |
| 6. Liabilities in currencies other than New Zealand currency | 77,055 | 16 | 2 |
| 7. Other liabilities | 6,835,200 | 17 | 10 |
|
£183,985,963 4 2
Assets
| | £ | s. | d. |
| --- | --- | --- | --- |
| 8. Reserve— | | | |
| (a) Gold | 243,607 | 19 | 4 |
| (b) Sterling exchange | 50,580,986 | 7 | 5 |
| (c) Gold exchange | | | |
| (d) Other exchange | 726,616 | 14 | 7 |
| 9. Subsidiary coin | 462,336 | 3 | 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 | 170,096 | 17 | 9 |
| (b) To other public authorities | | | |
| (c) Other— | | | |
| (i) Marketing organisations | 38,052,043 | 11 | 2 |
| (ii) Other advances | | | |
| 12. Investments— | | | |
| (a) Sterling | 20,786,143 | 19 | 10 |
| (b) Other | 70,798,595 | 9 | 1 |
| 13. Bank buildings | | | |
| 14. Other assets | 2,165,536 | 1 | 10 |
|
£183,985,963 4 2
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) |
| --- | --- | --- | --- | --- |
| General Agreement on Tariffs and Trade Act 1948 | Agreement on Commerce (Japan) Order 1963 | 1963/125 | 10/7/63 | 6d. |
| Industries and Commerce Act 1956 | Board of Trade (Wheat and Flour) Regulations 1944, Amendment No. 12 | 1963/126 | 10/7/63 | 6d. |
| Criminal Justice Amendment Act 1962 | Periodic Detention Order 1963 | 1963/127 | 10/7/63 | 6d. |
| Agriculture (Emergency Powers) Act 1934 | Stock (Insecticides and Oestrogens) Regulations 1961, Amendment No. 1 | 1963/128 | 10/7/63 | 6d. |
| Social Security (Hospital Benefits for Outpatients) Regulations 1947 | Surgical Footwear Notice 1963 | 1963/129 | 4/7/63 | 6d. |
| Criminal Justice Act 1954 | Work Centre Notice 1963 | 1963/130 | 2/7/63 | 6d. |
Copies can be purchased from the Government Publications Bookshops—corner of Rutland and Lorne Streets (P.O. Box 5344), Auckland; 20 Molesworth Street (Private Bag), Wellington; 112 Gloucester Street (P.O. Box 1721), Christchurch; corner of Water and Bond Streets (P.O. Box 1104), Dunedin. Prices for quantities supplied on application. Copies may be ordered by quoting serial number.
R. E. OWEN, Government Printer.
Prices for Butter and Cheese Intended for Export
PURSUANT to the Dairy Production and Marketing Board Act 1961, the Dairy Products Prices Authority has fixed the prices to be paid for all butter and cheese manufactured from milk or cream delivered to a dairy factory in the season commencing on the 1st day of June 1963, and acquired by the New Zealand Dairy Production and Marketing Board, pursuant to Part II of the said Act, at the several prices and upon the terms, stipulations, and conditions following, that is to say:

  1. In the case of creamery butter to which is assigned one or other of the following respective grades and which is allotted points in grading within the range of the following respective grade points under the Dairy Produce Regulations 1938—
    (a) For “Finest” grade, 94 points or over, the price of 29·814d. per pound:
    (b) For “Finest” grade, 93 points or over but under 94 points, the basic price of 29·614d. per pound:
    (c) For “First” grade, 92 points or over but under 93 points, the price of 29·414d. per pound:
    (d) For “First” grade, 90 points or over but under 92 points, the price of 28·864d. per pound:
    (e) For “Second” grade, the price of 27·614d. per pound:
    (f) For “Third” grade, the price of 23·614d. per pound:
  2. In the case of whey butter to which is assigned one or other of the following grades under the said regulations—
    (a) For “First” grade, the price of 27·614d. per pound:
    (b) For “Second” grade, the price of 27·114d. per pound:
  3. In the case of New Zealand waxed cheddar cheese to which is assigned one or other of the following respective grades and which is allotted points in grading within the range of the following respective grade points under the said regulations—
    (a) For “Finest” grade, 94 points or over, the price of 19·334d. per pound:
    (b) For “Finest” grade, 93 points or over but under 94 points, the price of 19·084d. per pound:
    (c) For “First” grade, 92 points or over but under 93 points, the basic price of 18·084d. per pound:
    (d) For “First” grade, 91 points or over but under 92 points, the price of 17·834d. per pound:
    (e) For “Graded”, 88 points or over but under 91 points, the price of 16·834d. per pound:
    (f) For “Seconds”, 87 points and under, the price of 14·334d. per pound.
  4. In the appropriate cases there shall be deducted from the prices fixed in paragraph 3 hereof the following amounts where cheese finish points have been deducted in the Grader’s Certificate:
    ½ point deduction – 1s. 8d. per crate.
    1 point deduction – 2s. 6d. per crate.
    1½ points deduction – 4s. 2d. per crate.
    2 points deduction – 6s. 8d. per crate.
    2½ points deduction – 10s. per crate.
  5. In the appropriate cases the following amounts shall be added to or deducted from the prices fixed in paragraph 3 hereof where cheese has been classified by the Department of Agriculture in respect of cheese sediment test:
    Classification A – an addition of 0·125d. per pound.
    Classification B – no alteration.
    Classification C – a deduction of 0·0625d. per pound.
    Classification D – a deduction of 0·125d. per pound.
  6. Butter shall be packed in boxes each containing a net weight of 56 lb 2 oz of actual butter, excluding wrapping paper. Cheese shall be packed two cheeses to each crate. Every cheese shall weigh not less than 70 lb and not more than 90 lb.
  7. In computing the weight of butter for which payment is to be made by the Board the weight of all butter comprised in any consignment submitted for grading under the said regulations shall be ascertained as follows:
    (a) Each box of butter containing a net weight of 56 lb 2 oz of actual butter, excluding wrapping paper, shall, subject as hereinafter provided, be computed at 56 lb:


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