1498
THE NEW ZEALAND GAZETTE
[No. 56

RESERVE BANK OF NEW ZEALAND

SUMMARY OF TRADING BANKS' MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON WEDNESDAY,
25 AUGUST 1954
(In accordance with section 46 of the Reserve Bank of New Zealand Act 1933)
(All Amounts in New Zealand Currency)

LIABILITIES
| | Bank of | Australia and | Bank of New | National | Commercial | Totals |
| --- | --- | --- | --- | --- | --- | --- |
| | New Zealand | New Zealand | South Wales | Bank of | Bank of | |
| | | Bank | | New Zealand | Australia | |
| | | Limited | | Limited | Limited | |
| (a) Demand liabilities in New Zealand | £89,918,746 | £49,613,657 | £30,542,515 | £42,446,744 | £15,166,244 | £227,687,906 |
| (b) Time liabilities in New Zealand | 25,902,554 | 13,060,261 | 8,576,834 | 9,260,976 | 2,699,570 | 59,500,195 |
| (c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business | 1,466,466 | 378,634 | 194,317 | 2,950,261 | 981,553 | 5,971,231 |
| (d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business | 149,315 | 553,780 | 196,419 | 369,449 | 4,926 | 1,273,889 |
| (j) Notes of own issue in circulation payable in New Zealand | ... | ... | ... | ... | ... | ... |
| (m) New Zealand business excess of assets over liabilities | 9,174,876 | 810,007 | ... | ... | ... | 9,984,883 |
| Totals | 126,611,957 | 64,416,339 | 39,510,085 | 55,027,430 | 18,852,293 | 304,418,104 |

ASSETS
| | Bank of | Australia and | Bank of New | National | Commercial | Totals |
| --- | --- | --- | --- | --- | --- | --- |
| | New Zealand | New Zealand | South Wales | Bank of | Bank of | |
| | | Bank | | New Zealand | Australia | |
| | | Limited | | Limited | Limited | |
| (e) Reserve balances held in the Reserve Bank of New Zealand | £27,423,944 | £18,119,883 | £13,531,252 | £14,488,068 | £4,747,683 | £78,310,830 |
| (f) Overseas assets in respect of New Zealand business— | | | | | | |
| (1) In London | 8,013,915 | 3,281,655 | 2,538,413 | 2,336,480 | 679,982 | 16,850,445 |
| (2) Elsewhere than in London | 3,183,719 | 595,069 | 11,858 | 791,567 | 2,821 | 4,585,034 |
| (g) (1) Gold and gold bullion held in New Zealand | ... | ... | ... | ... | ... | ... |
| (2) Subsidiary coin held in New Zealand | 563,846 | 246,299 | 129,722 | 379,620 | 91,086 | 1,410,573 |
| (h) Aggregate advances in New Zealand | *64,554,552 | 34,234,981 | 17,674,881 | 29,318,118 | 10,476,861 | 156,259,393 |
| (h) Aggregate discounts in New Zealand | 753,425 | 1,672,988 | 360,754 | 682,716 | 603,164 | 4,073,047 |
| (i) Reserve Bank of New Zealand notes | 6,528,308 | 1,181,922 | 852,994 | 1,711,547 | 281,834 | 10,556,605 |
| (k) Securities held in New Zealand— | | | | | | |
| (1) Government | 6,866,814 | 1,547,783 | 785,091 | 2,102,683 | 544,194 | 11,846,565 |
| (2) Other than Government | 6,593,516 | 3,087,110 | 1,760,000 | 2,285,000 | 426,588 | 14,152,214 |
| (l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand | 2,129,918 | 448,649 | 586,610 | 907,141 | 478,766 | 4,551,084 |
| (m) New Zealand business excess of liabilities over assets | ... | ... | 1,278,510 | 24,490 | 519,314 | 1,822,314 |
| Totals | 126,611,957 | 64,416,339 | 39,510,085 | 55,027,430 | 18,852,293 | 304,418,104 |

• Including transfers to Long-term Mortgage Department, £407,745.
  (h h) Aggregate unexercised overdraft authorities, £113,659,182.

Wellington, N.Z., 17 September 1954.

G. WILSON, 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 25 AUGUST 1954

Liabilities
| | £ |
| --- | --- |
| Capital | 703,125 |
| Debentures and debenture stock | 750,000 |
| Transfers from Bank | 407,745 |
| Other liabilities | ... |
| £1,860,870 | |

Assets
| | £ |
| --- | --- |
| Loans | 1,860,870 |
| Transfers to Bank | ... |
| Other assets | ... |
| £1,860,870 | |

17 September 1954.

G. WILSON, Chief Cashier.