RESERVE BANK OF NEW ZEALAND

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON WEDNESDAY,
29 MAY 1957
(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 | £ 100,714,300 | £ 56,763,766 | £ 34,645,283 | £ 46,467,441 | £ 16,998,525 | £ 255,589,315 |
| (b) Time liabilities in New Zealand | .. £ 11,125,784 | 8,817,604 | 6,585,492 | 6,788,598 | 2,766,553 | 36,084,031 |
| (c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business | .. 1,304,666 | 226,293 | 130,166 | 2,513,205 | 113,994 | 4,288,324 |
| (d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business | .. 75,863 | 313,984 | 177,531 | 447,817 | 17,501 | 1,032,696 |
| (j) Notes of own issue in circulation payable in New Zealand | .. 10,616,252 | 1,656,355 | 159,785 | 454,567 | .. | 12,886,959 |
| (m) New Zealand business excess of assets over liabilities | .. | | | | | |
| Totals | .. £ 123,836,865 | £ 67,778,002 | £ 41,698,257 | £ 56,671,628 | £ 19,896,573 | £ 309,881,325 |

ASSETS

| (e) Reserve balances held in the Reserve Bank of New Zealand | .. £ 24,222,437 | £ 15,279,081 | £ 8,952,387 | £ 14,038,957 | £ 4,414,438 | £ 66,907,300 |
| (f) Overseas assets in respect of New Zealand business— (1) In London | .. £ 9,313,468 | £ 9,459,379 | £ 5,933,861 | £ 3,297,189 | £ 1,579,872 | £ 29,583,769 |
| (2) Elsewhere than in London | .. £ 4,986,670 | £ 413,157 | £ 33,164 | £ 671,170 | £ 4,632 | £ 6,108,793 |
| (g) (1) Gold and gold bullion held in New Zealand | .. | .. £ 553,070 | £ 206,917 | £ 138,065 | £ 329,829 | £ 102,276 | £ 1,330,157 |
| (2) Subsidiary coin held in New Zealand | .. | .. | | | | |
| (h) Aggregate advances in New Zealand | .. £ *59,630,115 | £ 33,501,109 | £ 23,366,300 | £ 30,053,627 | £ 10,516,469 | £ 157,067,620 |
| (h) Aggregate discounts in New Zealand | .. £ 1,184,861 | £ 2,132,708 | £ 990,562 | £ 678,278 | £ 695,542 | £ 5,681,951 |
| (i) Reserve Bank of New Zealand notes | .. £ 7,629,689 | £ 1,486,820 | £ 925,400 | £ 2,010,339 | £ 435,674 | £ 12,487,922 |
| (k) Securities held in New Zealand— (1) Government | .. £ 6,866,271 | £ 1,547,783 | £ 317,667 | £ 2,103,196 | £ 544,188 | £ 11,379,105 |
| (2) Other than Government | .. £ 6,350,741 | £ 3,042,642 | £ 178,000 | £ 2,285,000 | £ 423,288 | £ 12,279,671 |
| (l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand | .. £ 3,099,543 | £ 708,406 | £ 862,851 | £ 1,204,043 | £ 800,019 | £ 6,674,862 |
| (m) New Zealand business excess of liabilities over assets | .. | | | | £ 380,175 | £ 380,175 |
| Totals | .. £ 123,836,865 | £ 67,778,002 | £ 41,698,257 | £ 56,671,628 | £ 19,896,573 | £ 309,881,325 |

* Includes transfers to Long-term Mortgage Department, £319,425.
(h h) Aggregate unexercised overdraft authorities, £101,817,615.

Wellington, N.Z., 21 June 1957.

R. N. FLEMING, 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 29 MAY 1957

Liabilities |   
Capital | £ 703,125 |
Debentures and debenture stock | £ 750,000 |
Transfers from bank | £ 319,425 |
£1,772,550 

Assets |  
Loans | £ 1,772,550  
Transfers to Bank |  
Other assets |  
£1,772,550 


21 June 1957.

R. N. FLEMING, Chief Cashier.

RESERVE BANK OF NEW ZEALAND

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON WEDNESDAY, 5 JUNE 1957

Liabilities |  
2. General Reserve Fund | £ 1,500,000 0 0 |
3. Bank notes | £ 72,907,967 10 0 |
4. Demand liabilities— (a) State— (i) Government marketing accounts | £ 1,043,052 13 3 |
(ii) Other | £ 9,510,771 6 9 |
(b) Banks | £ 66,388,675 1 7 |
(c) Other— (i) Marketing organisations | £ 598,556 5 4 |
(ii) Other demand liabilities | £ 1,793,209 0 7 |
5. Time deposits |  
6. Liabilities in currencies other than New Zealand currency | £ 37,243 19 3 |
7. Other liabilities | £ 10,298,035 12 5 |
£164,077,511 9 2 

Assets |  
8. Reserve— (a) Gold | £ 6,162,168 0 10 |
(b) Sterling exchange | £ 47,670,517 17 11 |
(c) Gold exchange |  
(d) Other exchange | £ 446,527 5 3 |
9. Subsidiary coin | £ 612,051 17 7 |
10. Discounts— (a) Commercial and agricultural bills |  
(b) Treasury and local body bills |  
11. Advances— (a) To the State or State undertakings— (i) Government marketing accounts | £ 299,289 6 8 |
(ii) For other purposes | £ 28,850,056 8 8 |
(b) To other public authorities |  
(c) Other— (i) Marketing organisations | £ 32,269,403 10 10 |
(ii) Other advances | £ 3,764,062 8 11 |
12. Investments— (a) Sterling | £ 32,735,974 9 3 |
(b) Other | £ 10,387,187 0 5 |
13. Bank buildings |  
14. Other assets | £ 880,273 2 10 |
£164,077,511 9 2 


H. M. IBELL, Deputy Chief Accountant.