1150
THE NEW ZEALAND GAZETTE
No. 39

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, 30 JUNE 1965

Liabilities
£
Notes in circulation .. .. .. .. 80,045,667
Demand deposits—
(a) State .. .. .. .. 19,167,520
(b) Banks .. .. .. .. 54,896,962
(c) Marketing accounts .. .. 728,166
(d) Other .. .. .. .. 2,726,923
Time deposits .. .. .. .. ..
Liabilities in currencies other than New Zealand
currency .. .. .. .. 84,774
Other liabilities .. .. .. .. 733,575
Capital accounts £
(a) General Reserve Fund .. 1,500,000
(b) Other reserves .. .. 6,665,275 8,165,275

£166,548,862

Assets
£
Gold .. .. .. .. .. 243,622
Overseas assets—
(a) Current accounts and short-term £
bills .. .. .. 40,232,153
(b) Investments .. .. 24,546,396 64,778,549
New Zealand coin .. .. .. 1,033,074
Discounts .. .. .. .. ..
Advances—
(a) To the State (including Treasury
bills) .. .. .. 9,987,969
(b) To marketing accounts .. 45,969,183
(c) Other advances .. .. 7,200,937 63,158,089
Investments in New Zealand—
(a) N.Z. Government securities .. 33,522,058
(b) Other .. .. .. 75,000 33,597,058
Other assets .. .. .. .. 3,738,470

£166,548,862

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, 7 JULY 1965

Liabilities
£
Notes in circulation .. .. .. .. 79,918,276
Demand deposits—
(a) State .. .. .. .. 16,801,980
(b) Banks .. .. .. .. 57,496,130
(c) Marketing accounts .. .. 887,101
(d) Other .. .. .. .. 2,287,084
Time deposits.. .. .. .. ..
Liabilities in currencies other than New Zealand
currency .. .. .. .. 83,959
Other liabilities .. .. .. .. 759,941
Capital accounts— £
(a) General Reserve Fund .. 1,500,000
(b) Other reserves .. .. 6,665,275 8,165,275

£166,399,746

Assets
£
Gold .. .. .. .. .. 243,622
Overseas assets—
(a) Current accounts and short-term £
bills .. .. .. 38,875,500
(b) Investments .. .. 24,546,396 63,421,896
New Zealand coin .. .. .. 980,578
Discounts .. .. .. .. ..
Advances—
(a) To the State (including Treasury
bills) .. .. .. 10,887,231
(b) To marketing accounts .. 43,471,590
(c) Other advances .. .. 10,475,938 64,834,759
Investments in New Zealand—
(a) N.Z. Government securities .. 34,955,212
(b) Other .. .. .. 75,000 35,030,212
Other assets .. .. .. .. 1,888,679

£166,399,746

R. M. SMITH, Chief Accountant.

Reserve Bank of New Zealand

PURSUANT to section 33 of the Reserve Bank of New Zealand Act 1964, the Reserve Bank, acting with the approval of the Minister of Finance, hereby gives notice that as at the close of business on Friday, 9 July 1965, and until further notice, balances to be maintained in the Reserve Bank by each trading bank shall be equal to an amount which, when added to that bank’s holdings of Reserve Bank notes as disclosed in that bank’s latest available weekly return of Banking Statistics under the Statistics Act 1955, will be not less than the aggregate of: 21 per cent of that bank’s demand deposits in New Zealand plus 3 per cent of that bank’s time deposits in New Zealand (excluding wool retention deposits) as shown in the last preceding monthly return furnished by that bank in accordance with section 31 of the Reserve Bank of New Zealand Act 1964.

The balances to be maintained as aforesaid shall be exclusive of any balance held by a trading bank in its wool retention or special fund account at the Reserve Bank.

G. WILSON, Governor.

Wellington, 7 July 1965.

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

Name of Work Successful Tenderer Amount of Tender Accepted
£ s. d.
Otahuhu line depot building M. H. D. Conway, Otahuhu 24,518 17 11
J. B. DARNELL, Director-General,