Reserve Bank Statements and Contracts




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 Deputy Governor of the Reserve Bank acting with the authority of the Minister of Finance, hereby gives notice that, as from 15 May 1964, 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 20 per cent of its demand liabilities in New Zealand, plus 3 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.

A. R. LOW, Deputy Governor of the Reserve Bank.
Reserve Bank of New Zealand, Wellington, 13 May 1964.

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, 15 APRIL 1964

Liabilities

  1. General Reserve Fund

...

1,500,000 0 0

  1. Bank notes

...

81,651,686 10 0

  1. Demand liabilities—

(a) State—

(i) Government marketing accounts

...

547,657 10 10

(ii) Other

...

30,534,245 12 5

(b) Banks

...

34,669,262 16 0

(c) Other—

(i) Marketing organisations

...

188,195 1 9

(ii) Other demand liabilities

...

1,898,572 17 3

  1. Time deposits

...

...

  1. Liabilities in currencies other than New Zealand currency

...

94,754 13 5

  1. Other liabilities

...

10,020,890 17 11

£161,105,266 9 7

Assets

  1. Reserve—

(a) Gold

...

...

243,621 0 4

(b) Sterling exchange

...

...

34,779,461 12 2

(c) Gold exchange

...

...

...

(d) Other exchange

...

...

647,058 11 5

  1. Subsidiary coin

...

...

253,115 19 8

  1. Discounts—

(a) Commercial and agricultural bills

...

...

...

(b) Treasury and local body bills

...

...

...

  1. Advances—

(a) To the State or State undertakings—

(i) Government marketing accounts

...

...

(ii) For other purposes

...

158,887 2 8

(b) To other public authorities

...

...

...

(c) Other—

(i) Marketing organisations

...

37,697,883 0 1

(ii) Other advances

...

275,000 0 0

  1. Investments—

(a) Sterling

...

...

24,347,313 17 4

(b) Other

...

...

60,625,975 0 8

  1. Bank buildings

...

...

...

  1. Other assets

...

...

2,076,950 5 3

£161,105,266 9 7

R. M. SMITH, 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, 29 APRIL 1964

Liabilities

  1. General Reserve Fund

...

1,500,000 0 0

  1. Bank notes

...

80,524,404 10 0

  1. Demand liabilities—

(a) State—

(i) Government marketing accounts

...

549,285 6 7

(ii) Other

...

28,523,794 14 3

(b) Banks

...

44,740,541 12 11

(c) Other—

(i) Marketing organisations

...

95,261 8 1

(ii) Other demand liabilities

...

1,180,090 14 0

  1. Time deposits

...

...

  1. Liabilities in currencies other than New Zealand currency

...

150,136 19 10

  1. Other liabilities

...

10,020,457 10 11

£167,283,972 16 7

Assets

  1. Reserve—

(a) Gold

...

...

243,621 0 4

(b) Sterling exchange

...

...

37,079,161 1 2

(c) Gold exchange

...

...

...

(d) Other exchange

...

...

463,170 12 11

  1. Subsidiary coin

...

...

250,785 15 5

  1. Discounts—

(a) Commercial and agricultural bills

...

...

...

(b) Treasury and local body bills

...

...

...

  1. Advances—

(a) To the State or State undertakings—

(i) Government marketing accounts

...

...

(ii) For other purposes

...

392 163 12 10

(b) To other public authorities

...

...

...

(c) Other—

(i) Marketing organisations

...

40,279,624 18 4

(ii) Other advances

...

730,000 0 0

  1. Investments—

(a) Sterling

...

...

24,347,313 17 4

(b) Other

...

...

60,609,675 13 6

  1. Bank buildings

...

...

...

  1. Other assets

...

...

2,888,456 4 9

£167,283,972 16 7

R. M. SMITH, Chief Accountant.

New Zealand Post Office—Schedule of Building Contracts of £10,000 or More in Value

Name of Work

Low Mount microwave building

Podmore and Matheson, Christchurch

10,941 0 0

Swampy microwave building

W. M. Camp, Limited, Dunedin

13,707 0 0

J. B. DARNELL, Director-General.



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