New Zealand Gazette – 1956 – No. 10

Page 250

✨ Bank Returns



250

THE NEW ZEALAND GAZETTE
No. 10

RESERVE BANK OF NEW ZEALAND

SUMMARY OF TRADING BANKS' MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON WEDNESDAY,
25 JANUARY 1956
(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 Limited New Zealand Australia
Limited Limited
(a) Demand liabilities in New Zealand £98,252,602 £52,468,826 £31,978,435 £43,232,497 £16,339,221 £242,271,581
(b) Time liabilities in New Zealand 18,309,104 12,402,954 6,934,182 7,393,509 1,925,531 46,965,280
(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 1,411,016 269,920 270,940 2,379,418 244,165 4,575,459
(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 211,230 277,793 246,215 246,070 44,926 1,026,234
(j) Notes of own issue in circulation payable in New Zealand … … … … … …
(m) New Zealand business excess of assets over liabilities 10,734,368 940,284 … 1,560,214 … 13,234,866
Totals 128,918,320 66,359,777 39,429,772 54,811,708 18,553,843 308,073,420

ASSETS

Bank of Australia and Bank of New National Commercial Totals
New Zealand New Zealand South Wales Bank of Bank of
Bank Limited New Zealand Australia
Limited Limited
(e) Reserve balances held in the Reserve Bank of New Zealand £27,197,292 £14,303,243 £8,933,873 £11,801,701 £4,774,311 £67,010,420
(f) Overseas assets in respect of New Zealand business—
(1) In London 9,580,725 5,090,855 6,149,354 2,083,323 547,360 23,451,617
(2) Elsewhere than in London 3,776,203 463,141 30,556 550,970 5,977 4,826,847
(g) (1) Gold and gold bullion held in New Zealand … … … … … …
(2) Subsidiary coin held in New Zealand 567,887 252,130 151,877 330,211 115,214 1,417,319
(h) Aggregate advances in New Zealand *63,973,017 37,448,575 20,751,393 32,028,678 9,778,434 163,980,097
(i) Aggregate discounts in New Zealand 1,316,631 2,521,553 1,086,509 655,191 1,136,245 6,716,129
(i) Reserve Bank of New Zealand notes 6,398,498 1,067,531 839,743 1,877,325 295,503 10,478,600
(k) Securities held in New Zealand—
(1) Government 6,866,271 1,547,783 314,158 2,103,196 544,188 11,375,596
(2) Other than Government 6,498,833 3,063,623 207,439 2,285,000 424,988 12,479,883
(l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand 2,742,963 601,343 627,242 1,096,113 668,603 5,736,264
(m) New Zealand business excess of liabilities over assets … … 337,628 … 263,020 600,648
Totals 128,918,320 66,359,777 39,429,772 54,811,708 18,553,843 308,073,420
  • Includes transfers to Long-term Mortgage Department, £349,830.
    (h h) Aggregate unexercised overdraft authorities, £99,167,179.

Wellington, N.Z., 17 February 1956.

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 JANUARY 1956

Liabilities

Capital
Debentures and debenture stock
Transfers from Bank
Other liabilities

£

703,125
750,000
349,830

£1,802,955

Assets

Loans
Transfers to Bank
Other assets

£

…
…
…

£1,802,955

17 February 1956

G. WILSON, Chief Cashier.

Reserve Bank of New Zealand

PURSUANT to section 45 of the Reserve Bank of New Zealand Act 1933 (as amended by section 23 of the Reserve Bank of New Zealand Amendment Act 1936), the Governor of the Reserve Bank, acting with the authority of the Minister of Finance, hereby gives notice that as from 29 February 1956 the balance to be maintained in the Reserve Bank by each other bank for the time being carrying on business in New Zealand in accordance with the said section 45 shall be not less than the aggregate of 7 per centum of its demand liabilities in New Zealand, and 3 per centum of its time liabilities in New Zealand, as shown in the last preceding monthly return furnished by that bank in accordance with section 46 of the Reserve Bank of New Zealand Act 1933.

E. C. FUSSELL,
Governor of the Reserve Bank.

Reserve Bank of New Zealand, Wellington, 21 February 1956.



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✨ LLM interpretation of page content

💰 Summary of Trading Banks' Monthly Returns of Assets and Liabilities

💰 Finance & Revenue
17 February 1956
Trading banks, Assets, Liabilities, Reserve Bank, Financial returns, Banking
  • G. Wilson, Chief Cashier

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

💰 Finance & Revenue
17 February 1956
Bank of New Zealand, Long-Term Mortgage Department, Liabilities, Assets, Financial statement
  • G. Wilson, Chief Cashier

💰 Notice regarding balance to be maintained in Reserve Bank by other banks

💰 Finance & Revenue
21 February 1956
Reserve Bank of New Zealand Act, Banking, Financial regulations, Reserve balance
  • E. C. Fussell, Governor of the Reserve Bank