10 AUGUST
THE NEW ZEALAND GAZETTE
1349

SECOND SCHEDULE
SOUTH AUCKLAND LAND DISTRICT
ALL that piece of land described and situated as follows:
A. R. P.
Being
7 0 25 Pukemoremore A Block I, Cambridge Survey District.
Dated at Wellington this 3rd day of August 1967.
For and on behalf of the Board of Maori Affairs:
B. E. SOUTER, Deputy Secretary for Maori Affairs.
(M.A. 62/23, 62/23A; D.O. 23/0/25)

Price Order No. 2057 (Raw Tobacco Leaf)

PURSUANT to the Control of Prices Act 1947, the Price Tribunal hereby makes the following price order:

1. This order may be cited as Price Order No. 2057 and shall come into force on the 11th day of August 1967.

2. In this order—
   “Flue-cured leaf” means leaf that has been treated in the kiln for at least three successive days immediately after picking for the purpose of yellowing, fixing colour, drying, and drying mid-ribs:
   “Air-dried leaf” means leaf other than flue-cured leaf:
   “Raw tobacco” means unmanufactured tobacco and includes the leaves and stems of the tobacco plant before they have passed through any process of manufacture other than curing:
   “Sale” includes a contract for sale, agreement to sell, and offer for sale; “purchase” includes a contract for purchase, agreement to purchase, and offer to purchase; and “sale” and “purchase” include barter and exchange.

APPLICATION OF THIS ORDER

3. This order applies with respect to all raw tobacco leaf grown in New Zealand during the 1966–67 season: Provided that the Tribunal may, in any case where it considers it proper to do so and subject to such conditions (if any) as it thinks fit, exempt any such tobacco from the operation of this order.

FIXING AVERAGE PRICES OF RAW TOBACCO LEAF TO WHICH THIS ORDER APPLIES

4. (1) Subject to subclause (2) hereof, the average price to be paid by any tobacco manufacturer for raw tobacco leaf to which this order applies shall be not less than—
   (a) For flue-cured leaf: 54.167 cents (5s. 5d.) per pound.
   (b) For air-dried leaf: 50.417 cents (5s. 0½d.) per pound.

(2) In respect of raw tobacco leaf purchased in loose form, any manufacturer may deduct up to 1.667 cents (2d.) per pound from the price which he would otherwise have paid for raw tobacco leaf of that grade if sold in hanked form and the total amount so deducted may be taken into account when calculating the average prices referred to in subclause (1).

(3) For the purpose of this clause the weight of any raw tobacco leaf shall be deemed to be its weight at the time and place of delivery by the grower to the manufacturer or to his agent in the district in which it is grown: Provided that in any case where the grower and the manufacturer or his agent agree that the moisture content of the leaf in any lot of tobacco is excessive, then, for the purposes of calculating the value of the lot, the weight of the lot shall be deemed to be reduced by a reasonable amount to make allowance for the excessive moisture.

5. No raw tobacco shall be sold by the grower thereof or purchased from him at less than 20 cents (2s.) per pound free on board ship Motueka or Nelson in the case of tobacco grown in the Nelson Provincial District, and in the case of tobacco grown in any other district at less than 20 cents (2s.) per pound free on board ship or free on rail at the port or railway station which is nearest to the place at which such tobacco is grown.

6. No raw tobacco shall be sold by any person other than the grower thereof or purchased from such other person at less than 20 cents (2s.) per pound free on board ship or free on rail at the port or railway station which is nearest to the place at which such tobacco is, at the time of sale thereof, being held or stored.

7. Notwithstanding anything in the provisions of clauses 5 and 6 hereof, the Tribunal may, in any case where it considers it proper so to do, authorise the sale and purchase of tobacco at a price less than the price fixed by either of those clauses.

Dated at Wellington this 9th day of August 1967.

The seal of the Price Tribunal was affixed hereto in the presence of—
[L.S.]
(I. and C.)
S. T. BARNETT, President.
J. R. DENCH, Member.
F. F. SIMMONS, Member.

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, 19 JULY 1967

Liabilities
$
Notes in circulation .. .. .. .. 196,559,377
Demand deposits—
(a) State .. .. .. .. 36,543,390
(b) Banks .. .. .. .. 20,322,331
(c) Marketing accounts .. .. .. 3,698,519
(d) Other .. .. .. .. 116,575,220
Time deposits .. .. .. .. ..
Liabilities in currencies other than New Zealand currency—
$
(a) Demand .. .. .. 334,828
(b) Time .. .. .. 24,048,096
24,382,924
Other liabilities .. .. .. .. 749,694
Capital accounts—
(a) General reserve Fund .. .. 3,000,000
(b) Other Reserves .. .. 14,330,550
17,330,550

$416,162,005

Assets
$
Gold .. .. .. .. .. 602,402
Overseas assets—
(a) Current accounts and short-term bills .. .. .. 76,200,799
(b) Investments .. .. .. 3,982,198
80,182,997
New Zealand coin .. .. .. 5,446,698
Discounts .. .. .. .. 2,900,000
Advances—
(a) To the State (including Treasury bills) .. .. .. 78,461,164
(b) To marketing accounts .. 104,805,743
(c) Other advances .. .. ..

1. To Banks O/A extra holdings of currency during decimal currency change-over .. .. .. 51,601,477
2. Other .. .. .. 11,351,125
   246,219,509
   Investments in New Zealand—
   (a) N.Z. Government securities 74,993,763
   (b) Other .. .. .. 147,000
   75,140,763
   Other assets .. .. .. .. 5,669,636

$416,162,005

M. R. HUTTON, Chief Accountant.