19 JANUARY
THE NEW ZEALAND GAZETTE
49

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, 11 JANUARY, 1967

Liabilities
£
Notes in circulation .. .. .. .. 85,386,139
Demand deposits—
(a) State .. .. .. .. 15,660,232
(b) Banks .. .. .. .. 38,057,576
(c) Marketing accounts .. .. .. 1,554,395
(d) Other .. .. .. .. 30,072,224
Time deposits .. .. .. .. ..
Liabilities in currencies other than New Zealand currency—
£
(a) Demand .. .. 242,642
(b) Time .. .. 12,024,048
12,266,690
Other liabilities .. .. .. .. 2,468,594
Capital accounts—
£
(a) General Reserve Fund .. 1,500,000
(b) Other reserves .. .. 6,915,275
8,415,275

£193,881,125

Assets
£
Gold .. .. .. .. .. 85,257
Overseas assets—
£
(a) Current accounts and short-term bills .. .. 15,457,942
(b) Investments .. .. 19,567,640
35,025,582
New Zealand coin .. .. .. 29,304
Discounts .. .. .. ..
Advances—
(a) To the State (including Treasury bills) .. .. 81,948,897
(b) To marketing accounts .. 50,172,436
(c) Other advances .. .. 550,562
132,671,895
Investments in New Zealand—
(a) N.Z. Government securities .. 23,087,097
(b) Other .. .. .. 73,500
23,160,597
Other assets .. .. .. .. 2,908,490

£193,881,125

M. R. HUTTON, 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 4 January 1967, 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 percent 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, 29 December 1966.

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 18 January 1967, 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 percent of that bank’s demand deposits in New Zealand plus 3 percent 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, 16 January 1967.

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.

Hastings line depot building .. .. .. .. J. A. Bridgeman .. .. .. 31,772 0 0

G. SEARLE, Director-General.