New Zealand Gazette – 1934 – No. 71

Page 2981

✨ Banking and Financial Statements

Sept. 20.] THE NEW ZEALAND GAZETTE. 2981

RESERVE BANK OF NEW ZEALAND.

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS AS AT THE CLOSE OF BUSINESS ON MONDAY, 27th AUGUST, 1934.
(In accordance with section 46 of the Reserve Bank of New Zealand Act, 1933.)

(All amounts in New Zealand currency.)

CREDIT.

---	Bank of New Zealand.	Union Bank of Australia, Limited.	Bank of New South Wales.	Bank of Australasia.	National Bank of New Zealand, Limited.	Commercial Bank of Australia, Limited.	Totals.
(a) Demand liabilities in New Zealand	£13,793,547	£2,501,914	£2,413,766	£1,914,364	£4,386,833	£1,174,151	£26,184,575
(b) Time liabilities in New Zealand	19,098,990	4,714,947	4,898,436	3,710,469	7,018,944	821,220	40,263,006
(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business	58,071	14,859	4,873,924	14,517	70,025	117,368	5,148,764
(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business	683,760	11,040	9,736	29,140	7,251	7,552	748,479
(j) Notes of own issue in circulation payable in New Zealand	2,167,258	284,671	301,653	193,422	573,221	88,939	3,609,164
Totals .. ..	35,801,626	7,527,431	12,497,515	5,861,912	12,056,274	2,209,230	75,953,988

DEBIT.

---	Bank of New Zealand.	Union Bank of Australia, Limited.	Bank of New South Wales.	Bank of Australasia.	National Bank of New Zealand, Limited.	Commercial Bank of Australia, Limited.	Totals.
(e) Reserve balances held in the Reserve Bank of New Zealand	£6,756,790	£510,652	£2,415,628	£1,371,976	£4,756,360	£699,159	£16,510,565
(f) Overseas assets in respect of New Zealand business—
(1) In London .. ..	4,433,475	916,033	4,371,896	504,804	805,799	139,980	11,171,987
(2) Elsewhere than in London	7,707,030	720,954	..	6,640	820,918	..	9,255,542
(g) (1) Gold and gold bullion held in New Zealand	679,109	130,483	74,167	60,387	205,388	..	1,149,534
(2) Subsidiary coin held in New Zealand	209,143	120,004	113,957	96,100	80,602	32,404	652,210
(h) Advances and discounts in New Zealand	18,410,403	5,105,969	4,935,611	3,950,032	7,516,145	1,342,850	41,261,010
(i) Reserve Bank of New Zealand notes	3,326,840	386,395	342,376	428,736	895,405	108,345	5,488,097
Totals .. ..	41,522,790	7,890,490	12,253,635	6,418,675	15,080,617	2,322,738	85,488,945

Wellington, New Zealand, 17th September, 1934. T. P. HANNA, Chief Cashier.

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON MONDAY, 17TH SEPTEMBER, 1934.

Liabilities.

Paid-up capital .. .. .. £500,000 0 0
General Reserve Fund .. .. 1,000,000 0 0
Bank-notes .. .. .. 8,684,350 0 0
Demand liabilities—
(a) State .. .. .. 4,079,420 3 5
(b) Banks .. .. .. 16,225,852 9 2
(c) Other .. .. .. 150 1 10
Time deposits .. .. .. ..
Liabilities in currencies other than N.Z. currency .. .. .. ..
Other liabilities .. .. .. 19,978 8 11

£30,509,751 3 4

Assets.

Reserve—
(a) Gold .. .. .. 4,351,727 0 0
(b) Sterling exchange .. .. 24,499,866 7 11
(c) Gold exchange .. .. ..
Subsidiary coin .. .. .. 123,512 12 3
Discounts—
(a) Commercial and agricultural bills .. .. ..
(b) Treasury and local-body bills.. ..
Advances—
(a) To the State or State undertakings .. .. ..
(b) To other public authorities .. ..
(c) Other .. .. ..
Investments .. .. .. 1,500,000 0 0
Bank buildings .. .. .. ..
Other assets .. .. .. 34,645 3 2

£30,509,751 3 4

Proportion of reserve (No. 8 less No. 6) to notes and other demand liabilities, 99·52 per cent.

W. R. EGGERS, Acting Chief Accountant.

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VUW Te Waharoa — NZ Gazette 1934, No 71

NZLII — NZ Gazette 1934, No 71

The Old Government Buildings (depicted) were completed in 1876 and initially housed the entire Wellington-based civil service as well as the entire New Zealand Cabinet. The Executive Council met there until 1948.

✨ LLM interpretation of page content

💰 Summary of Trading Banks' Monthly Returns

Domain💰 Finance & Revenue
Dated17 September 1934
KeywordsBanking, Financial Statements, Reserve Bank, Trading Banks, Liabilities, Assets
👩‍💼 Officials

T. P. Hanna, Chief Cashier

💰 Statement of Assets and Liabilities of the Reserve Bank of New Zealand

Domain💰 Finance & Revenue
Dated17 September 1934
KeywordsReserve Bank, Assets, Liabilities, Financial Statement
👩‍💼 Officials

W. R. Eggers, Acting Chief Accountant

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