Banking and Financial Reports




816
THE NEW ZEALAND GAZETTE.
[No. 20

RESERVE BANK OF NEW ZEALAND.

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS AS AT THE CLOSE OF BUSINESS ON MONDAY, 25th FEBRUARY, 1935.
(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 £ 12,874,464 £ 2,988,274 £ 2,895,330 £ 2,290,163 £ 4,836,242 £ 1,244,884 £ 27,129,357
(b) Time liabilities in New Zealand 17,412,843 4,427,957 4,365,597 3,413,902 5,588,982 832,387 36,041,668
(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 66,923 24,752 71,403 32,201 59,421 5,291 259,991
(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 691,041 50,242 29,394 24,342 10,123 25,378 830,520
(j) Notes of own issue in circulation payable in New Zealand 550,524 67,653 81,608 40,605 162,771 18,256 921,417
Totals 31,595,795 7,558,878 7,443,332 5,801,213 10,657,539 2,126,196 65,182,953

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 £ 2,090,664 £ 722,522 £ 1,316,229 £ 399,023 £ 1,076,913 £ 340,591 £ 5,945,942
(f) Overseas assets in respect of New Zealand business—
(1) In London 8,754,349 771,936 3,134,843 1,350,959 1,200,801 86,898 15,299,786
(2) Elsewhere than in London 6,807,584 321,884 .. 7,473 214,662 .. 7,351,603
(g) (1) Gold and gold bullion held in New Zealand .. .. .. .. .. .. ..
(2) Subsidiary coin held in New Zealand 336,443 74,612 104,422 109,716 83,508 21,721 730,422
(h) Advances and discounts in New Zealand 20,030,818 5,631,601 5,200,065 4,084,225 8,018,135 1,335,888 44,300,732
(i) Reserve Bank of New Zealand notes 2,256,024 365,532 351,380 238,539 797,668 49,993 4,059,136
Totals 40,275,882 7,888,087 10,106,939 6,189,935 11,391,687 1,835,091 77,687,621

Wellington, New Zealand, 26th March, 1935.
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, 25TH MARCH, 1935.

Liabilities.

  1. Paid-up capital .. .. .. £ 500,000 0 0
  2. General Reserve Fund .. .. 1,000,000 0 0
  3. Bank-notes .. .. .. 9,341,391 10 0
  4. Demand liabilities—
    (a) State .. .. .. 12,033,114 1 0
    (b) Banks .. .. .. 4,795,723 6 5
    (c) Other .. .. .. 8,192 9 2
  5. Time deposits .. .. .. ..
  6. Liabilities in currencies other than N.Z. currency .. .. .. ..
  7. Other liabilities .. .. .. 58,180 0 8

£27,736,601 7 3

Assets.

  1. Reserve—
    (a) Gold .. .. .. £ 3,001,731 0 0
    (b) Sterling exchange .. .. 22,434,592 11 4
    (c) Gold exchange .. .. ..
  2. Subsidiary coin .. .. .. 177,794 2 6
  3. Discounts—
    (a) Commercial and agricultural bills .. .. ..
    (b) Treasury and local-body bills .. .. ..
  4. Advances—
    (a) To the State or State undertakings .. .. ..
    (b) To other public authorities .. .. ..
    (c) Other .. .. ..
  5. Investments .. .. .. 2,095,068 7 7
  6. Bank buildings .. .. .. ..
  7. Other assets .. .. .. 27,415 5 10

£27,736,601 7 3

Proportion of reserve (No. 8 less No. 6) to notes and other demand liabilities, 97·16 per cent.
W. R. EGGERS, Acting Chief Accountant.



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💰 Summary of Trading Banks' Monthly Returns

💰 Finance & Revenue
26 March 1935
Banking, Financial Reports, Reserve Bank, Trading Banks, Liabilities, Assets
  • T. P. Hanna, Chief Cashier

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

💰 Finance & Revenue
Reserve Bank, Assets, Liabilities, Financial Statement
  • W. R. Eggers, Acting Chief Accountant