New Zealand Gazette – 1957 – No. 62

Page 1594

✨ Bank and Reserve Bank Returns



RESERVE BANK OF NEW ZEALAND

SUMMARY OF TRADING BANKS' MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON WEDNESDAY,
31 JULY 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 £93,599,872 £53,496,013 £32,344,459 £43,773,622 £16,637,996 £239,851,962
(b) Time liabilities in New Zealand £12,906,117 £8,620,146 £6,257,716 £6,765,210 £2,114,369 £36,663,558
(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business £1,671,935 £431,999 £252,913 £2,686,157 £95,023 £5,138,027
(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business £120,515 £192,387 £231,218 £534,941 £24,009 £1,103,070
(j) Notes of own issue in circulation payable in New Zealand £8,425,492 £1,400,343 - - - £9,825,835
(m) New Zealand business excess of assets over liabilities - - - - - -
Totals £116,723,931 £64,140,888 £39,086,306 £53,759,930 £18,871,397 £292,582,452

ASSETS

| (e) Reserve balances held in the Reserve Bank of New Zealand | £20,358,614 | £17,038,128 | £9,466,887 | £11,967,015 | £5,191,064 | £64,021,708 |
| (f) Overseas assets in respect of New Zealand business—(1) In London; (2) Elsewhere than in London | £4,015,313 + £5,275,829 = £9,291,142 | £4,489,064 + £632,628 = £5,121,692 | £5,837,167 + £26,034 = £5,863,201 | £2,192,616 + £715,356 = £2,907,972 | £1,031,806 + £14,893 = £1,046,699 | £17,565,966 + £6,664,740 = £24,230,706 |
| (g) (1) Gold and gold bullion held in New Zealand; (2) Subsidiary coin held in New Zealand | £525,817 | £194,354 | £145,257 | £345,644 | £99,882 | £1,310,954 |
| (h) Aggregate advances in New Zealand; (b) Aggregate discounts in New Zealand | £61,994,320 + £1,402,550 = £63,396,870 | £32,545,257 + £2,544,179 = £35,089,436 | £18,995,096 + £1,139,715 = £20,134,811 | £30,240,796 + £858,980 = £31,109,776 | £9,281,316 + £700,403 = £9,981,719 | £153,056,785 + £6,645,827 = £159,702,612 |
| (i) Reserve Bank of New Zealand notes | £6,741,876 | £1,402,547 | £861,279 | £1,768,407 | £343,034 | £11,117,143 |
| (k) Securities held in New Zealand—(1) Government; (2) Other than Government | £6,866,271 + £6,342,349 = £13,208,620 | £1,547,783 + £3,038,542 = £4,586,325 | £317,667 + £178,000 = £495,667 | £2,103,196 + £2,285,000 = £4,388,196 | £544,188 + £423,288 = £967,476 | £11,379,105 + £12,267,179 = £23,646,284 |
| (l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand | £3,200,992 | £708,406 | £873,802 | £1,214,905 | £814,074 | £6,812,179 |
| (m) New Zealand business excess of liabilities over assets | - | - | - | - | - | - |
| Totals | £116,723,931 | £64,140,888 | £39,086,306 | £53,759,930 | £18,871,397 | £292,582,452 |

*Includes transfers to Long-term Mortgage Department, £331,089.
(h h) Aggregate unexercised overdraft authorities, £106,194,221.

Wellington, N.Z., 16 August 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 31 JULY 1957

Liabilities Assets
Capital Loans
Debentures and debenture stock Transfers to bank
Transfers from bank Other assets
Other liabilities
£703,125 £1,784,214
£750,000
£331,089
£1,784,214 £1,784,214

16 August 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, 14 AUGUST 1957

Liabilities

£ s. d.
2. General Reserve Fund
3. Bank notes
4. Demand liabilities—(a) State—(i) Government marketing accounts; (ii) Other
(b) Banks
(c) Other—(i) Marketing organisations; (ii) Other demand liabilities
5. Time deposits
6. Liabilities in currencies other than New Zealand currency
7. Other liabilities

Assets

£ s. d.
8. Reserve—(a) Gold 6,162,266 12 10
(b) Sterling exchange 55,052,619 3 10
(c) Gold exchange
(d) Other exchange 579,158 17 11
9. Subsidiary coin 591,763 15 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; (ii) For other purposes; (b) To other public authorities; (c) Other—(i) Marketing organisations; (ii) Other advances 295,378 14 10 + 26,037,154 1 3 + 23,112,031 1 7 + 2,509,374 18 11 = 51,953,940 5 9
12. Investments—(a) Sterling; (b) Other 27,735,974 9 3 + 10,388,127 5 6 = 38,124,101 14 9
13. Bank buildings
14. Other assets 837,165 16 10
£153,301,014 18 4

H. M. IBELL, Acting Chief Accountant.



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✨ LLM interpretation of page content

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

💰 Finance & Revenue
16 August 1957
Trading banks, Monthly returns, Assets, Liabilities, New Zealand currency, Reserve Bank of New Zealand Act 1933
  • R. N. Fleming, Chief Cashier

💰 Bank Returns (Supplementary) - Long-Term Mortgage Department

💰 Finance & Revenue
16 August 1957
Bank of New Zealand, Long-Term Mortgage Department, Liabilities, Assets, Statement
  • R. N. Fleming, Chief Cashier

💰 Statement of Assets and Liabilities of the Reserve Bank of New Zealand

💰 Finance & Revenue
Reserve Bank of New Zealand, Assets, Liabilities, Statement, Gold, Sterling exchange, Investments
  • H. M. Ibell, Acting Chief Accountant