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New Zealand Gazette – 1940 – No. 75

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✨ Banking Financial Reports

JULY 25.] THE NEW ZEALAND GAZETTE. 1769

RESERVE BANK OF NEW ZEALAND.

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON MONDAY, 24TH JUNE, 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	*22,651,342	5,573,753	5,394,955	4,150,824	8,478,750	2,862,972	49,112,596
(b) Time liabilities in New Zealand	11,853,905	4,514,526	5,525,915	3,097,766	5,297,912	1,097,457	31,387,481
(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business	192,273	190,798	161,540	1,729,841	373,240	82,948	2,730,640
(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business	125,929	19,007	388	45,105	48,360	14,489	253,278
(j) Notes of own issue in circulation payable in New Zealand	..	..	..	..	..	..	..
(m) New Zealand business—Excess of assets over liabilities	12,902,835	48,750	238,791	915,108	3,977,922	373,249	18,456,655
Totals	47,726,284	10,346,834	11,321,589	9,938,644	18,176,184	4,431,115	101,940,650

Includes transfers from Long-term Mortgage Department of £395,119.

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	8,483,587	2,207,454	1,560,011	2,087,336	1,160,696	712,835	16,211,919
(f) Overseas assets in respect of New Zealand business—
(1) In London	5,463,038	264,854	2,395,830	1,514,800	3,666,680	540,127	13,845,329
(2) Elsewhere than in London	1,522,167	..	..	10,311	178,517	..	1,710,995
(g) (1) Gold and gold bullion held in New Zealand	..	..	..	..	..	315	315
(2) Subsidiary coin held in New Zealand	311,883	88,763	87,255	65,798	136,053	20,657	710,409
(h) Aggregate advances in New Zealand	20,615,313	5,605,194	6,234,136	3,869,752	9,328,415	1,585,089	47,237,899
(h) Aggregate discounts in New Zealand	70,381	25,846	24,812	20,401	39,692	37,569	218,701
(i) Reserve Bank of New Zealand notes	2,272,715	362,790	409,179	251,828	522,472	98,774	3,917,758
(k) Securities held in New Zealand—
(1) Government	8,028,196	1,732,433	273,098	2,068,506	2,494,856	1,305,594	15,902,683
(2) Other than Government	301,092	..	1,000	..	..	..	302,092
(l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand	657,912	59,500	336,268	49,912	648,803	130,155	1,882,550
(m) New Zealand business—Excess of liabilities over assets	..	..	..	..	..	..	..
Totals	47,726,284	10,346,834	11,321,589	9,938,644	18,176,184	4,431,115	101,940,650

(h h) Aggregate unexercised overdraft authorities, £29,643,228.

Wellington, New Zealand, 19th July, 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 29TH DAY OF APRIL, 1940.

Liabilities.

	£	s.	d.
Capital	703,125	0	0
Debentures and debenture stock	500,000	0	0
Transfers from Bank	..	..	..
Other liabilities	..	..	..
	£1,203,125	0	0

Assets.

	£	s.	d.
Loans	808,006	9	0
Transfers to Bank	395,118	11	0
Other assets	..	..	..
	£1,203,125	0	0

Wellington, New Zealand, 19th July, 1940. T. P. HANNA, Chief Cashier.

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VUW Te Waharoa — NZ Gazette 1940, No 75

NZLII — NZ Gazette 1940, No 75

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
Dated19 July 1940
KeywordsBanking, Financial Report, Assets, Liabilities, Reserve Bank of New Zealand
👩‍💼 Officials

T. P. Hanna, Chief Cashier

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

Domain💰 Finance & Revenue
Dated19 July 1940
KeywordsBanking, Financial Report, Liabilities, Assets, Long-Term Mortgage Department
👩‍💼 Officials

T. P. Hanna, Chief Cashier

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