New Zealand Gazette – 1942 – No. 47

Page 1370

✨ Banking Financial Statements

1370
THE NEW ZEALAND GAZETTE.
[No. 47

RESERVE BANK OF NEW ZEALAND.

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON MONDAY,
30TH MARCH, 1942, IN RESPECT OF BANKS NUMBERED (2), (3), (4), AND (6). AS AT CLOSE OF BUSINESS ON
TUESDAY, 31ST MARCH, 1942, IN RESPECT OF BANKS NUMBERED (1) AND (5).

(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. (1)	Union Bank of Australia, Limited. (2)	Bank of New South Wales. (3)	Bank of Australasia. (4)	National Bank of New Zealand, Limited. (5)	Commercial Bank of Australia, Limited. (6)	Totals.
(a) Demand liabilities in New Zealand	£26,903,461	£7,797,093	£7,276,247	£5,266,800	£10,717,739	£3,563,531	£61,524,871
(b) Time liabilities in New Zealand	10,523,422	4,304,666	4,680,780	2,994,285	4,783,460	1,133,559	28,420,172
(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business	92,198	35,734	134,924	54,217	365,800	30,609	713,482
(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business	79,933	31,833	..	33,159	58,280	316	203,521
(j) Notes of own issue in circulation payable in New Zealand	..	..	..	..	..	..	..
(m) New Zealand business—Excess of assets over liabilities	13,122,758	75,959	180,070	2,427,293	3,575,047	437,098	19,818,225
Totals	..	50,721,772	12,245,285	12,272,021	10,775,754	19,500,326	5,165,113

ASSETS.

	Bank of New Zealand. (1)	Union Bank of Australia, Limited. (2)	Bank of New South Wales. (3)	Bank of Australasia. (4)	National Bank of New Zealand, Limited. (5)	Commercial Bank of Australia, Limited. (6)	Totals.
(e) Reserve balances held in the Reserve Bank of New Zealand	£5,524,361	£2,421,854	£2,133,767	£2,735,328	£2,708,722	£693,956	£16,217,968
(f) Overseas assets in respect of New Zealand business—
(1) In London	4,607,189	249,366	1,301,577	1,435,984	2,457,680	446,935	10,498,731
(2) Elsewhere than in London	1,571,109	888,711	..	24,286	467,249	..	2,951,355
(g) (1) Gold and gold bullion held in New Zealand	..	..	..	..	..	..	..
(2) Subsidiary coin held in New Zealand	337,217	54,311	88,817	75,087	178,778	31,268	765,478
(h) Aggregate advances in New Zealand	*21,645,082	5,840,206	6,836,528	3,390,740	9,865,726	1,940,086	49,518,368
(h) Aggregate discounts in New Zealand	37,020	10,123	4,002	9,377	35,022	14,621	110,165
(i) Reserve Bank of New Zealand notes	2,526,996	164,364	312,947	298,415	534,371	117,822	3,954,915
(k) Securities held in New Zealand—
(1) Government	12,753,634	2,544,950	1,261,800	2,751,580	2,629,317	1,791,770	23,733,051
(2) Other than Government	908,611	..	..	5,045	..	..	913,656
(l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand	810,553	71,400	332,583	49,912	623,461	128,655	2,016,564
(m) New Zealand business—Excess of liabilities over assets	..	..	..	..	..	..	..
Totals	..	50,721,772	12,245,285	12,272,021	10,775,754	19,500,326	5,165,113

Includes transfers to Long-term Mortgage Department of £36,514.

(h h) Aggregate unexercised overdraft authorities, £32,691,090.

Wellington, New Zealand, 23rd April, 1942.

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 31ST DAY OF MARCH, 1942.

Liabilities.	£ s. d.	Assets.	£ s. d.
Capital	703,125 0 0	Loans	739,639 8 1
Debentures and debenture stock	..	Transfers to Bank	..
Transfers from Bank	36,514 8 1	Other assets	..
Other liabilities	..
	£739,639 8 1		£739,639 8 1

Wellington, New Zealand, 23rd April, 1942.

T. P. HANNA, Chief Cashier.

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VUW Te Waharoa — NZ Gazette 1942, No 47

NZLII — NZ Gazette 1942, No 47

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 (continued from previous page)

Domain💰 Finance & Revenue
Dated23 April 1942
KeywordsReserve Bank, Trading Banks, Assets, Liabilities, Financial Returns
👩‍💼 Officials

T. P. Hanna, Chief Cashier

💰 Statement of Liabilities and Assets of the Long-Term Mortgage Department of the Bank of New Zealand

Domain💰 Finance & Revenue
Dated23 April 1942
KeywordsBank of New Zealand, Long-Term Mortgage Department, Liabilities, Assets, Financial Statement
👩‍💼 Officials

T. P. Hanna, Chief Cashier

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