New Zealand Gazette – 1956 – No. 30

Page 697

✨ Weather Summary and Bank Returns



24 MAY THE NEW ZEALAND GAZETTE 697

For the next twelve days pressure was high to the north, and depressions passed to the south-west and south of the South Island. Westerly conditions prevailed, with persistently unsettled weather in western districts, extending as far as the Auckland Province. Thunderstorms were reported on at least six days. In most districts the worst weather occurred on the 20th during the passage of a vigorous trough associated with a deep depression in the south. On that day no less than three small tornadoes were reported in Westland, while local flooding occurred in Taranaki and the King Country.

On the 23rd a depression moved from the central Tasman Sea to a position off the Westland coast. Most of the country north of Oamaru was affected, but in the east rain was still only light.

Flooding was reported near Greymouth. As the depression lost intensity on the two following days the weather improved slowly, but there were still showers in western districts, especially in the North Island. From the 26th to 28th another depression over the central Tasman Sea moved south-eastward to the south-west of Southland, and there was a return to westerly conditions. However, on this occasion the North Island received hardly any rain.

On the 29th an anticyclone moved on to the South Island. For the last two days of the month the weather was cooler, but fair or fine, except for showers in Northland and the Coromandel Peninsula.

R. G. SIMMERS, Acting Director.
(N.Z. Met. S. Misc. Pub. 107)

RESERVE BANK OF NEW ZEALAND

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON WEDNESDAY, 25 APRIL 1956

(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 Australia and New Zealand Bank Limited Bank of New South Wales National Bank of New Zealand Limited Commercial Bank of Australia Limited Totals
(a) Demand liabilities in New Zealand £100,272,793 £53,456,046 £31,958,614 £43,544,841 £16,038,712 £245,271,006
(b) Time liabilities in New Zealand 12,437,809 12,669,550 6,623,107 7,264,953 1,945,056 40,940,475
(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 1,981,146 458,761 339,116 4,777,270 81,226 7,637,519
(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 165,994 244,366 213,307 185,532 26,401 835,600
(j) Notes of own issue in circulation payable in New Zealand .. .. .. .. .. ..
(m) New Zealand business excess of assets over liabilities 8,161,837 350,918 .. 115,211 .. 8,627,966
Totals .. 123,019,579 67,179,641 39,134,144 55,887,807 18,091,395 303,312,566

ASSETS

Bank of New Zealand Australia and New Zealand Bank Limited Bank of New South Wales National Bank of New Zealand Limited Commercial Bank of Australia Limited Totals
(e) Reserve balances held in the Reserve Bank of New Zealand £19,766,573 £10,636,986 £6,657,476 £8,752,300 £3,362,553 £49,175,888
(f) Overseas assets in respect of New Zealand business—
(1) In London 10,261,641 7,369,445 5,660,887 3,686,277 1,256,094 28,234,344
(2) Elsewhere than in London 4,448,178 668,786 29,313 626,619 121,245 5,894,141
(g) (1) Gold and gold bullion held in New Zealand 580,081 218,310 138,272 323,991 87,667 1,348,321
(2) Subsidiary coin held in New Zealand .. .. .. .. .. ..
(h) Aggregate advances in New Zealand *64,894,218 39,686,009 22,518,306 34,448,377 9,964,028 171,510,938
(h) Aggregate discounts in New Zealand 1,330,948 2,288,072 1,113,999 696,095 593,715 6,022,829
(i) Reserve Bank of New Zealand notes 5,786,452 1,099,284 836,812 1,799,423 317,413 9,839,384
(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 6,451,590 3,063,623 207,439 2,285,000 424,188 12,431,840
(l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand. 2,633,627 601,343 721,075 1,166,529 673,955 5,796,529
(m) New Zealand business excess of liabilities over assets .. .. 936,407 .. 746,349 1,682,756
Totals .. 123,019,579 67,179,641 39,134,144 55,887,807 18,091,395 303,312,566
  • Includes transfers to Long-term Mortgage Department, £341,336.
    (h h) Aggregate unexercised overdraft authorities, £89,739,713.

Wellington, N.Z., 18 May 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 APRIL 1956

Liabilities £ Assets £
Capital 703,125 Loans 1,794,461
Debentures and debenture stock 750,000 Transfers to Bank ..
Transfers from Bank 341,336 Other assets ..
Other liabilities ..
£1,794,461 £1,794,461

18 May 1956. F. G. GOOCH, Deputy Chief Cashier.



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✨ LLM interpretation of page content

🎓 April 1956 Climatological Summary: temperature, rainfall and sunshine tables (continued from previous page)

🎓 Education, Culture & Science
Climatology, Weather, April 1956, Taranaki, King Country, Westland, Greymouth, Northland, Coromandel Peninsula
  • R. G. Simmers, Acting Director

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

💰 Finance & Revenue
18 May 1956
Trading banks, Assets, Liabilities, Reserve Bank of New Zealand, New Zealand Currency, Bank of New Zealand, Australia and New Zealand Bank Limited, Bank of New South Wales, National Bank of New Zealand Limited, Commercial Bank of Australia Limited
  • G. Wilson, Chief Cashier

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

💰 Finance & Revenue
18 May 1956
Bank of New Zealand, Long-Term Mortgage Department, Liabilities, Assets, Debentures, Loans
  • F. G. Gooch, Deputy Chief Cashier