1900
THE NEW ZEALAND GAZETTE
No. 64

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 1 November 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: 20 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, 28 October 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, 27 OCTOBER 1965

Liabilities

Notes in circulation .. .. .. .. £ 81,867,110
Demand deposits—
(a) State .. .. .. .. .. 12,275,644
(b) Banks .. .. .. .. .. 54,619,237
(c) Marketing accounts .. .. .. 1,987,857
(d) Other .. .. .. .. .. 2,882,785
Time deposits.. .. .. .. .. ..
Liabilities in currencies other than New Zealand currency .. .. .. .. 64,825
Other liabilities .. .. .. .. 2,379,645
Capital accounts—
(a) General Reserve Fund .. £ 1,500,000
(b) Other reserves .. .. 6,665,275 8,165,275

£164,242,378

Assets

Gold .. .. .. .. .. .. £ 243,622
Overseas assets—
(a) Current accounts and short-term bills .. .. .. £ 16,463,711
(b) Investments .. .. .. 23,289,539
39,753,250
New Zealand coin .. .. .. .. 468,265
Discounts .. .. .. .. ..
Advances—
(a) To the State (including Treasury bills) .. .. 40,638,478
(b) To marketing accounts .. 32,056,153
(c) Other advances .. .. 16,995,750
89,690,381
Investments in New Zealand—
(a) N.Z. Government securities .. 32,162,921
(b) Other .. .. .. 73,750
32,236,671
Other assets .. .. .. .. 1,850,189

£164,242,378

R. M. SMITH, Chief Accountant.

Trademarks—Goods Prohibited to be Imported

IT is hereby notified for public information that the following notification published in Gazette, No. 59, of 18 August 1927, is hereby cancelled.

“It is hereby notified for public information that under the Patents, Designs, and Trade-marks Act, 1908, goods of the nature set forth hereunder, to which the trade-marks described below have been falsely applied, are prohibited from importation into New Zealand.

“If any such goods are imported they will be liable to detention and to be dealt with in accordance with the provisions of that Act.

“A trade-mark is deemed, for the purposes of the aforesaid Act, to be falsely applied to goods if it is applied without the assent of the proprietor of such trade-mark.

Nature of Goods Description of Trade-mark
Mops, dusters, and The Mark ‘O=Cedar’, in infringement of the registered trade-mark No. 11694, the property of O’Cedar Ltd. of Slough, Buckinghamshire, England, of the word ‘O’Cedar’ being a mark so nearly resembling the said registered trade-mark as to be calculated to deceive.”

Dated at Wellington this 28th day of October 1965.

J. F. CUMMINGS, Comptroller of Customs.

Tariff Notice No. 1965/98—Applications for Continuation of Approval

NOTICE is hereby given that applications have been made for continuation of the following approvals of the Minister of Customs:

Any person wishing to lodge an objection to the granting of these applications should do so in writing on or before 25 November 1965. Submissions should include a reference to the application number, Tariff item, and description of goods concerned, be addressed to the Comptroller of Customs, Private Bag, Wellington, and supported by information as to:

(a) The range of equivalent goods manufactured locally;
(b) The proportions of New Zealand and imported materials used in manufacture;
(c) Present and potential output; and
(d) Details of factory cost in terms of materials, labour, overhead, etc.

Dated at Wellington this 4th day of November 1965.

J. F. CUMMINGS, Comptroller of Customs.