New Zealand Gazette – 1959 – No. 44

Page 1006

✨ Banking and Financial Statements



1006
THE NEW ZEALAND GAZETTE
No. 44

RESERVE BANK OF NEW ZEALAND

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON WEDNESDAY,
24 JUNE 1959
(In accordance with section 46 of the Reserve Bank of New Zealand Act 1933)
(All Amounts in New Zealand Currency)

LIABILITIES Australia and New Zealand Bank Limited £ Bank of New South Wales £ Bank of New Zealand £ Commercial Bank of Australia Limited £ National Bank of New Zealand Limited £ Totals £
(a) Demand liabilities in New Zealand 53,312,366 33,241,907 101,330,963 17,303,701 47,294,759 252,483,696
(b) Time liabilities in New Zealand 10,927,563 8,235,789 12,121,521 3,253,154 7,453,909 41,991,936
(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 519,165 25,630 1,715,597 85,161 2,945,192 5,290,745
(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 181,544 53,259 82,489 12,420 434,205 763,917
(j) Notes of own issue in circulation payable in New Zealand 66,201 .. 8,451,610 .. 307,185 8,824,996
(m) New Zealand business excess of assets over liabilities .. .. .. .. .. ..
Totals 65,006,839 41,556,585 123,702,180 20,654,436 58,435,250 309,355,290
ASSETS Australia and New Zealand Bank Limited £ Bank of New South Wales £ Bank of New Zealand £ Commercial Bank of Australia Limited £ National Bank of New Zealand Limited £ Totals £
(e) Reserve balances held in the Reserve Bank of New Zealand 15,688,179 9,587,679 24,108,199 4,682,304 13,798,365 67,864,726
(f) Overseas assets in respect of New Zealand business—
(1) In London 8,099,191 3,678,123 6,214,852 888,152 4,186,087 23,066,405
(2) Elsewhere than in London 946,617 22,350 5,092,254 15,001 770,491 6,846,713
(g) 1. Gold and gold bullion held in New Zealand 277,496 144,691 620,915 115,768 330,705 1,489,575
2. Subsidiary coin held in New Zealand .. .. .. .. .. ..
(h) 1. Aggregate advances in New Zealand 31,395,867 25,098,845 *61,671,969 11,333,129 31,020,265 160,520,075
2. Aggregate discounts in New Zealand 1,486,337 598,605 1,032,206 456,137 605,895 4,179,180
(i) Reserve Bank of New Zealand notes 1,450,641 927,799 8,347,462 431,203 1,963,485 13,120,590
(k) Securities held in New Zealand—
(1) Government 1,547,783 321,492 6,854,105 544,188 2,102,508 11,370,076
(2) Other than Government 3,010,475 178,000 6,170,775 421,588 2,285,000 12,065,838
(l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand 1,104,253 921,421 3,589,443 855,536 1,372,449 7,843,102
(m) New Zealand business excess of liabilities over assets .. 77,580 .. 911,430 .. 989,010
Totals 65,006,839 41,556,585 123,702,180 20,654,436 58,435,250 309,355,290
  • Includes Transfers to Long-term Mortgage Department, £271,214.
    (h h) Aggregate unexercised overdraft authorities: £116,692,114.

Wellington, N.Z., 17 July 1959.

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 24 JUNE 1959

Liabilities £ Assets £
Capital 703,125 Loans 1,724,339
Debentures and debenture stock 750,000 Transfers to bank ..
Transfers from bank 271,214 Other assets ..
Other liabilities ..
£1,724,339 £1,724,339

17 July 1959.

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, 15 JULY 1959

Liabilities £ s. d. Assets £ s. d.
2. General Reserve Fund 1,500,000 0 0 8. Reserve—
3. Bank notes 74,793,720 0 0 (a) Gold 315,104 3 0
4. Demand liabilities— (b) Sterling exchange 65,976,736 5 0
(a) State— (c) Gold exchange
(i) Government, marketing accounts 461,668 17 9 (d) Other exchange 401,393 13 0
(ii) Other 11,402,114 9 0 9. Subsidiary coin 652,494 4 0
(b) Banks 63,178,932 19 3 10. Discounts—
(c) Other— (a) Commercial and agricultural bills
(i) Marketing organisations 385,539 6 4 (b) Treasury and local body bills
(ii) Other demand liabilities 1,431,139 16 3 11. Advances—
5. Time deposits (a) To the State or State undertakings—
6. Liabilities in currencies other than New Zealand currency 76,830 10 8 (i) Government marketing accounts
7. Other liabilities 7,238,022 18 2 (ii) For other purposes 23,317,545 1 0
(b) To other public authorities
(c) Other—
(i) Marketing organisations 25,944,248 15 1
(ii) Other advances 630,000 0 0
12. Investments—
(a) Sterling 13,694,497 7 0
(b) Other 22,808,147 0 0
13. Bank buildings
14. Other assets—
(a) Gold 5,848,080 10 1
(b) Other 879,721 15 0
£160,467,968 17 5 £160,467,968 17 5

H. M. IBELL, Deputy Chief Accountant



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✨ LLM interpretation of page content

💰 Trading Banks' Monthly Returns of Assets and Liabilities

💰 Finance & Revenue
17 July 1959
Banking, Financial Statements, Reserve Bank, Assets, Liabilities, Monthly Returns
  • R. N. Fleming, Chief Cashier

💰 Statement of Long-Term Mortgage Department Assets and Liabilities

💰 Finance & Revenue
17 July 1959
Mortgage, Bank of New Zealand, Financial Statement, Assets, Liabilities
  • R. N. Fleming, Chief Cashier

💰 Statement of Reserve Bank of New Zealand Assets and Liabilities

💰 Finance & Revenue
Reserve Bank, Financial Statement, Assets, Liabilities, Gold, Investments
  • H. M. Ibell, Deputy Chief Accountant