20 MARCH
THE NEW ZEALAND GAZETTE
529

Consenting to Raising of Loans by Certain Local Authorities

PURSUANT to section 3 of the Local Authorities Loans Act 1956 (as amended by section 3 (1) of the Local Authorities Loans Amendment Act 1967), the undersigned Assistant Secretary to the Treasury, acting under powers delegated to the Secretary to the Treasury by the Minister of Finance, hereby consents to the borrowing by the local authorities mentioned in the Schedule hereto of the whole or any part of the respective amounts specified in that Schedule.

SCHEDULE

Local Authority and Name of Loan Amount Consented to $
Akaroa County Council: Akaroa Sewer Renewal Loan 1968 7,000
Dunedin City Council: Development Loan No. 1, 1968 100,000
Kawerau Borough Council: Staff Housing Loan 1968 25,000
Manukau City Council: Wiri Industrial Estate Development Loan No. 1, 1968 213,000
Mount Roskill Borough Council: Roads Reconstruction Loan 1968 20,000
Roxburgh Borough Council: Motor Camp Loan 1968 20,000

Dated at Wellington this 13th day of March 1969.

S. A. MCLEOD, Assistant Secretary to the Treasury.
(T. 40/416/6)

Temporary Protection of Industry

NOTICE is hereby given that the Emergency Protection Authority has been requested to undertake an inquiry, in terms of the Tariff and Development Board Amendment Act 1967, and to report, in terms of section 10D of that Act, concerning the following goods:

Moulding boxes for metal foundry; moulds of a type used for metal, etc., other, falling within Tariff item 84.60.09.

Date of reference: 17 March 1969.

Dated at Wellington this 18th day of March 1969.

M. J. MORIARTY,
Secretary of Industries and Commerce.

(I. and C. 2/27)

Conscience Money Received

$10; $10; $10 to the Inland Revenue Department.
$10 to the Ministry of Defence.
$20 to the Ministry of Works.
$40 to the Tourist Hotel Corporation of New Zealand.
$100; $7 to the Treasury.

Dated at Wellington this 10th day of March 1969.

H. G. LANG, Secretary to the Treasury.

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 March 1969, 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:

19 percent of that bank’s demand deposits in New Zealand plus 3 percent of that bank’s time deposits in New Zealand 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.

A. R. LOW, Governor.

Wellington, 13 March 1969.

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 14 March 1969, 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:

14 percent of that bank’s demand deposits in New Zealand plus 3 percent of that bank’s time deposits in New Zealand 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.

A. R. LOW, Governor.

Wellington, 14 March 1969.

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 17 March 1969, and until further notice, balances to be maintained in the Reserve Bank by each trading bank shall be equal to an amount which will be not less than the aggregate of:

2½ percent of that bank’s demand deposits in New Zealand plus 2 percent of that bank’s time deposits in New Zealand 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.

A. R. LOW, Governor.

Wellington, 17 March 1969.

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, 5 MARCH 1969

Liabilities Assets
Notes in Circulation ... ... ... ... $164,892,451 Gold ... ... ... ... $1,187,941
Demand deposits—
(a) State ... ... ... ... 34,809,207 Overseas assets—
(b) Banks ... ... ... ... 112,730,971 (a) Current accounts and short-term bills ... ... ... $45,444,310
(c) Marketing accounts ... ... ... 4,708,428 (b) Investments ... ... ... 43,306,897
(d) Other ... ... ... ... 56,705,211 88,751,207
Time deposits ... ... ... ... ... ... ... ... ... New Zealand coin ... ... ... ... 4,736,620
Liabilities in currencies other than New Zealand currency— Discounts ... ... ... ... ...
(a) Demand ... ... ... ... 280,585 Advances—
(b) Time ... ... ... ... 20,483,916 (a) To the State (including Treasury bills) ... ... ... 61,086,689
(b) To marketing accounts ... ... ... 159,454,704
20,764,501 (c) Other advances ... ... ... 28,347,835
Other liabilities ... ... ... ... 5,684,959 248,889,228
Capital accounts—
(a) General Reserve Fund ... ... 3,000,000 Investments in New Zealand—
(b) Other Reserves ... ... ... 14,061,427 (a) N.Z. Government Securities ... ... ... 64,565,037
(b) Other ... ... ... 147,000
17,061,427 _____ 64,712,037

$417,357,155 Other assets ... ... ... ... ... ... ... ... ... 9,080,122

$417,357,155 $417,357,155

M. R. HUTTON, Chief Accountant.