New Zealand Gazette – 1959 – No. 51

Page 1200

✨ Banking and Financial Statements



1200
THE NEW ZEALAND GAZETTE
No. 51

RESERVE BANK OF NEW ZEALAND

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON WEDNESDAY, 29 JULY 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 49,423,771 30,566,334 95,562,371 16,884,069 43,661,298 236,097,843
(b) Time liabilities in New Zealand 11,970,962 8,195,737 13,536,182 2,934,486 8,254,773 44,892,140
(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 495,450 72,337 2,048,075 85,888 3,008,706 5,710,456
(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 208,369 62,625 59,553 15,461 292,198 638,206
(j) Notes of own issue in circulation payable in New Zealand 1,346,131 486,022 11,181,386 .. 1,630,297 14,643,836
(m) New Zealand business excess of assets over liabilities 63,444,683 39,383,055 122,387,567 19,919,904 56,847,272 301,982,481
Totals 63,444,683 39,383,055 122,387,567 19,919,904 56,847,272 301,982,481
ASSETS £ £ £ £ £ £
(e) Reserve balances held in the Reserve Bank of New Zealand 14,820,335 9,394,598 21,940,268 4,845,848 12,171,521 63,172,570
(f) Overseas assets in respect of New Zealand business—
(1) In London 6,229,313 3,406,894 4,533,630 883,231 3,885,233 18,938,301
(2) Elsewhere than in London 609,655 20,689 5,828,111 19,395 615,524 7,093,374
(g) 1. Gold and gold bullion held in New Zealand 276,264 152,291 608,121 107,716 318,126 1,462,518
2. Subsidiary coin held in New Zealand 32,878,377 23,448,341 *63,773,463 11,398,626 31,594,253 163,093,060
(h) 1. Aggregate advances in New Zealand 1,544,121 651,275 1,044,551 441,252 535,722 4,216,921
2. Aggregate discounts in New Zealand 1,424,107 883,466 7,997,900 379,581 1,949,237 12,634,291
(i) Reserve Bank of New Zealand notes 1,547,783 321,492 6,854,105 544,188 2,102,508 11,370,076
(k) Securities held in New Zealand—
(1) Government 3,010,475 178,000 6,168,228 421,588 2,285,000 12,063,291
(2) Other than Government 1,104,253 926,009 3,639,190 848,687 1,390,148 7,908,287
(l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand .. .. .. 29,792 .. 29,792
(m) New Zealand business excess of liabilities over assets 63,444,683 39,383,055 122,387,567 19,919,904 56,847,272 301,982,481
Totals 63,444,683 39,383,055 122,387,567 19,919,904 56,847,272 301,982,481
  • Includes transfers to Long-term Mortgage Department, £294,781.
    (h h) Aggregate unexercised overdraft authorities: £117,775,004.

Wellington, N.Z., 21 August 1959.

H. N. AVERY, Acting 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 JULY 1959

Liabilities £ Assets £
Capital 703,125 Loans 1,747,906
Debentures and debenture stock 750,000 Transfer to bank ..
Transfers from bank 294,781 Other assets ..
Other liabilities ..
£1,747,906 £1,747,906

21 August 1959.

H. N. AVERY, Acting 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, 19 AUGUST 1959

Liabilities £ s. d. Assets £ s. d.
2. General Reserve Fund 1,500,000 0 0 8. Reserve—
3. Bank notes 74,499,483 10 0 (a) Gold 315,104 3 6
4. Demand liabilities— (b) Sterling exchange 75,809,418 4 10
(a) State— (c) Gold exchange
(i) Government marketing accounts 220,785 15 4 (d) Other exchange 473,251 1 1
(ii) Other 7,446,990 3 2 9. Subsidiary coin 751,435 3 11
(b) Banks 63,242,482 16 3 10. Discounts—
(c) Other— (a) Commercial and agricultural bills
(i) Marketing organisations 361,376 19 0 (b) Treasury and local body bills
(ii) Other demand liabilities 1,396,594 2 10 11. Advances—
5. Time deposits (a) To the State or State undertakings—
6. Liabilities in currencies other than New Zealand currency 39,878 16 9 (i) Government marketing accounts
7. Other liabilities 7,640,119 14 4 (ii) For other purposes 18,455,999 10 8
(b) To other public authorities
(c) Other—
(i) Marketing organisations 17,436,717 15 5
(ii) Other advances
12. Investments—
(a) Sterling 13,694,497 7 4
(b) Other 22,808,147 0 6
13. Bank buildings
14. Other assets—
(a) Gold 5,848,080 10 11
(b) Other 755,060 19 6
£156,347,711 17 8 £156,347,711 17 8

R. M. SMITH, Chief Accountant.



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa — PDF NZ Gazette 1959, No 51


NZLII — PDF NZ Gazette 1959, No 51




✨ LLM interpretation of page content

💰 Trading Banks' Monthly Returns of Assets and Liabilities

💰 Finance & Revenue
21 August 1959
Trading banks, Assets and liabilities, Reserve Bank of New Zealand, Monthly returns, Financial statements
  • H. N. Avery, Acting Chief Cashier

💰 Statement of Long-Term Mortgage Department Assets and Liabilities

💰 Finance & Revenue
21 August 1959
Long-term mortgage department, Bank of New Zealand, Financial statement, Assets and liabilities
  • H. N. Avery, Acting Chief Cashier

💰 Reserve Bank of New Zealand Assets and Liabilities Statement

💰 Finance & Revenue
Reserve Bank of New Zealand, Assets and liabilities, Financial statement, Gold reserves, Bank notes
  • R. M. Smith, Chief Accountant