New Zealand Gazette – 1940 – No. 121

Page 3497

✨ Banking Statistics

Nov. 28.] THE NEW ZEALAND GAZETTE. 3497

RESERVE BANK OF NEW ZEALAND.

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON MONDAY, 28TH OCTOBER, 1940.

(In accordance with section 46 of the Reserve Bank of New Zealand Act, 1933.)

(All amounts in New Zealand currency.)

LIABILITIES.

	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	£*21,300,121	£5,064,788	£5,153,990	£3,964,158	£8,425,778	£2,821,804	£46,730,639
(b) Time liabilities in New Zealand	11,753,607	4,588,694	5,288,806	3,019,599	4,659,162	1,042,303	30,352,171
(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business	26,714	187,543	129,681	1,997,591	378,200	26,799	2,746,528
(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business	91,298	12,230	383	30,627	52,080	1,329	187,947
(j) Notes of own issue in circulation payable in New Zealand	..	..	..	..	..	..	..
(m) New Zealand business—Excess of assets over liabilities	13,831,278	378,689	328,670	1,083,521	4,187,853	487,493	20,297,504
Totals	..	47,003,018	10,231,944	10,901,530	10,095,496	17,703,073	4,379,728

*Includes transfers from Long-term Mortgage Department of £412,092.

ASSETS.

	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	£7,159,464	£1,065,243	£2,241,172	£1,247,186	£1,115,814	£424,382	£13,253,261
(f) Overseas assets in respect of New Zealand business—
(1) In London	4,409,041	1,031,830	1,785,439	1,994,947	3,494,320	485,557	13,201,134
(2) Elsewhere than in London	1,695,746	..	..	4,723	449,845	..	2,150,314
(g) (1) Gold and gold bullion held in New Zealand	..	..	..	..	..	177	177
(2) Subsidiary coin held in New Zealand	293,948	61,827	69,751	78,463	115,985	23,055	643,029
(h) Aggregate advances in New Zealand	21,304,362	5,725,404	5,790,805	4,239,671	8,439,069	1,729,377	47,228,688
(h) Aggregate discounts in New Zealand	56,968	29,727	10,485	43,019	74,066	33,086	247,351
(i) Reserve Bank of New Zealand notes	2,427,226	360,655	358,742	247,457	500,448	112,957	4,007,485
(k) Securities held in New Zealand—
(1) Government	8,556,710	1,897,758	303,998	2,190,118	2,866,857	1,441,982	17,257,423
(2) Other than Government	426,844	..	..	..	..	..	426,844
(l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand	672,709	59,500	341,138	49,912	646,669	129,155	1,899,083
(m) New Zealand business—Excess of liabilities over assets	..	..	..	..	..	..	..
Totals	..	47,003,018	10,231,944	10,901,530	10,095,496	17,703,073	4,379,728

(h h) Aggregate unexercised overdraft authorities, £28,959,066.

Wellington, New Zealand, 21st November, 1940. T. P. HANNA, Chief Cashier.

BANK RETURNS (SUPPLEMENTARY).

STATEMENT OF THE AMOUNT OF LIABILITIES AND ASSETS OF THE LONG-TERM MORTGAGE DEPARTMENT OF THE BANK OF NEW ZEALAND AS AT THE 28TH DAY OF OCTOBER, 1940.

Liabilities.	£	s.	d.	Assets.	£	s.	d.
Capital	703,125	0	0	Loans	791,032	13	6
Debentures and debenture stock	500,000	0	0	Transfers to Bank	412,092	6	6
Transfers from Bank	..	..	..	Other assets	..	..	..
Other liabilities	..	..	..
	£1,203,125	0	0		£1,203,125	0	0

Wellington, New Zealand, 21st November, 1940. T. P. HANNA, Chief Cashier.

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VUW Te Waharoa — NZ Gazette 1940, No 121

NZLII — NZ Gazette 1940, No 121

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 of Assets and Liabilities

Domain💰 Finance & Revenue
Dated21 November 1940
KeywordsBanking, Assets, Liabilities, Reserve Bank, Trading Banks
👩‍💼 Officials

T. P. Hanna, Chief Cashier

💰 Bank Returns (Supplementary) - Long-Term Mortgage Department

Domain💰 Finance & Revenue
Dated21 November 1940
KeywordsBanking, Mortgage, Liabilities, Assets, Bank of New Zealand
👩‍💼 Officials

T. P. Hanna, Chief Cashier

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