1346
THE NEW ZEALAND GAZETTE
No. 45

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 13 August 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, 11 August 1965.

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, 4 AUGUST 1965

Liabilities

Notes in circulation .. .. .. .. £ 79,594,299
Demand deposits—
(a) State .. .. .. .. 17,150,894
(b) Banks .. .. .. .. 52,130,002
(c) Marketing accounts .. .. .. 811,637
(d) Other .. .. .. .. 2,810,575
Time deposits .. .. .. .. ..
Liabilities in currencies other than New Zealand currency .. .. .. .. 110,432
Other liabilities .. .. .. .. 954,777
Capital accounts—
(a) General Reserve Fund .. £ 1,500,000
(b) Other reserves .. .. 6,665,275 8,165,275

£161,727,891

Assets

Gold .. .. .. .. £ 243,622
Overseas assets—
(a) Current accounts and short-term bills .. .. .. £ 37,157,788
(b) Investments .. .. .. 24,546,396 61,704,184
New Zealand coin .. .. .. 905,113
Discounts .. .. .. ..
Advances—
(a) To the State (including Treasury bills) .. .. .. 19,088,051
(b) To marketing accounts .. .. 36,853,266
(c) Other advances .. .. 6,655,750 62,597,067
Investments in New Zealand—
(a) N.Z. Government securities .. 34,225,486
(b) Other .. .. .. 75,000 34,300,486
Other assets .. .. .. .. 1,977,419

£161,727,891

R. M. SMITH, Chief Accountant.

Statement of Money Belonging to Trusts and Held by the Crown

PURSUANT to section 78 of the Trustee Act 1956, notice is hereby given that, at the 31st day of March 1965—
(a) The money specified in the statement in the Schedule hereto was held by the Crown under section 77 of that Act in respect of the matters specified in that statement; and
(b) Such money had not been credited to the Consolidated Revenue Account.

SCHEDULE

STATEMENT

(1) Deceased Estates

Names of Estates Persons Believed to be Entitled Amount Held £ s. d. Date Received
Baker, Kingsley Charles, of Christchurch, railway employee Hanks, Ruby, daughter of Henry Johnson Baker, deceased 1 13 9 21/6/63
Lee, Nellie, daughter of Henry Johnson Baker, deceased 1 13 8 21/6/63
Mangaroa, Kaiwhiri, of Manunui, farmer Keepa, Hira Kii, formerly of Oropi, son of Kaiwhiri Mangaroa aforesaid 3,687 0 3 14/10/60
Pope, John Chappell, of Christchurch, pensioner Creditors of John Chappell Pope aforesaid .. 86 5 7 24/3/64
Woodruff, MacKay, of Auckland, farmer Estate of Helen Woodruff, of Auckland, widow .. 6 3 0 24/11/64

(2) Assignment of Property

Assignor Assignee Amount Held £ s. d. Date Received
Fransham, Stanley Earl, of Hamilton, contractor Sievwright, J. L., formerly of Wiremu Street, Balmoral, Auckland 53 11 0 27/2/61

Dated at Wellington this 16th day of August 1965.

N. V. LOUGH, Assistant Secretary to the Treasury

(T. 40/66)