2018

THE NEW ZEALAND GAZETTE

[No. 71

RESERVE BANK OF NEW ZEALAND

SUMMARY OF TRADING BANKS' MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON WEDNESDAY,

25TH OCTOBER, 1950

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

(All Amounts in New Zealand Currency)

LIABILITIES

Bank Union Bank Bank of National Commercial Totals.

of of New Bank of Bank of

New Zealand. Australia, South Wales. Australasia. New Zealand, Australia,

Limited. Limited.

£ £ £ £ £ £

(a) Demand liabilities in New Zealand 63,836,903 21,169,214 21,441,766 14,712,371 29,371,278 11,792,576 162,324,108

(b) Time liabilities in New Zealand 11,352,628 7,196,386 6,095,714 4,192,138 8,679,358 2,577,644 40,093,868

(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 1,759,454 492,845 204,869 377,667 4,540,831 307,966 7,683,632

(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 14,010 14,215 93,479 38,612 71,118 113 231,547

(j) Notes of own issue in circulation payable in New Zealand .. .. .. .. ..

(m) New Zealand business-Excess of assets over liabilities 8,769,671 .. .. 2,364,373 876,570 .. 12,010,614

Totals .. 85,732,666 28,872,660 27,835,828 21,685,161 43,539,155 14,678,299 222,343,769

ASSETS

Bank Union Bank Bank of National Commercial Totals.

of of New Bank of Bank of

New Zealand. Australia, South Wales. Australasia. New Zealand, Australia,

Limited. Limited.

£ £ £ £ £ £

(e) Reserve balances held in the Reserve Bank of New Zealand 26,407,753 8,438,246 11,684,151 8,873,948 11,935,841 4,580,787 71,920,726

(f) Overseas assets in respect of New Zealand business-

(1) In London .. .. 6,773,397 1,774,225 2,775,052 699,789 4,204,421 284,176 16,511,060

(2) Elsewhere than in London 2,566,535 873,712 5,601 459,304 1,423,506 2,469 5,331,127

(g) (1) Gold and gold bullion held in New Zealand .. .. .. .. .. ..

(2) Subsidiary coin held in New Zealand 849,460 112,924 133,002 139,049 443,953 67,968 1,746,356

(h) Aggregate advances in New Zealand *33,242,447 13,706,628 10,652,567 9,942,623 20,754,892 7,104,257 95,403,414

(h) Aggregate discounts in New Zealand 429,148 514,940 3,841 171,174 387,671 176,473 1,683,247

(i) Reserve Bank of New Zealand notes 6,389,496 379,926 614,381 709,103 1,606,719 243,343 9,942,968

(k) Securities held in New Zealand-

(1) Government .. 6,881,585 1,428,128 206,867 123,647 2,098,917 991,046 11,730,190

(2) Other than Government 1,033,823 110,300 .. 442,325 .. 59,696 1,646,144

(l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand 1,159,022 115,932 399,891 124,199 683,235 273,445 2,755,724

(m) New Zealand business-Excess of liabilities over assets .. 1,417,699 1,360,475 .. .. 894,639 3,672,813

Totals .. 85,732,666 28,872,660 27,835,828 21,685,161 43,539,155 14,678,299 222,343,769

• Includes transfers to Long-term Mortgage Department, £192,551.

(h h) Aggregate unexercised overdraft authorities, £67,688,818.

Wellington, New Zealand, 20th November, 1950. 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 25TH OCTOBER, 1950

Liabilities £ s. d. Assets £ s. d.

Capital .. .. .. .. 703,125 0 0 Loans .. .. .. .. .. 895,676 0 0

Debentures and debenture stock .. .. .. .. .. Transfers to Bank .. ..

Transfers to Bank .. .. .. .. 192,551 0 0 Other assets .. ..

Other liabilities .. .. .. .. ..

£895,676 0 0

£895,676 0 0

Wellington, New Zealand, 17th November, 1950. T. P. HANNA, Chief Cashier.