New Zealand Gazette – 1960 – No. 46

Page 1024

✨ Banking and Financial Statements



1024
THE NEW ZEALAND GAZETTE
No. 46

RESERVE BANK OF NEW ZEALAND

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON WEDNESDAY,
29 JUNE 1960
(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 61,057,842 36,946,026 113,616,835 20,179,174 51,024,778 282,824,655
(b) Time liabilities in New Zealand 12,761,843 9,887,500 14,322,074 3,268,385 8,838,627 49,078,429
(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 742,016 129,348 1,141,258 139,969 3,092,042 5,244,633
(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 221,058 131,371 61,856 56,713 251,148 722,146
(j) Notes of own issue in circulation payable in New Zealand .. 41,317 8,615,688 .. 453,108 9,110,113
(m) New Zealand business excess of assets over liabilities .. .. .. .. .. ..
Totals 74,782,759 47,135,562 137,757,711 23,644,241 63,659,703 346,979,976
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 25,141,322 12,065,752 33,023,392 6,355,074 18,074,462 94,660,002
(f) Overseas assets in respect of New Zealand business—
(1) In London 7,075,723 6,272,674 8,745,431 1,027,552 2,378,584 25,499,964
(2) Elsewhere than in London 667,279 19,122 3,956,842 11,801 652,585 5,307,629
(g) 1. Gold and gold bullion held in New Zealand .. .. .. .. .. ..
2. Subsidiary coin held in New Zealand 217,574 151,662 645,319 91,944 296,079 1,402,578
(h) 1. Aggregate advances in New Zealand 32,490,391 25,215,468 *63,980,209 12,539,989 33,454,476 167,680,533
2. Aggregate discounts in New Zealand 1,752,279 985,608 1,706,732 573,225 837,263 5,855,107
(i) Reserve Bank of New Zealand notes 1,729,148 1,013,691 8,645,365 491,098 2,059,612 13,938,914
(k) Securities held in New Zealand—
(1) Government 1,549,133 321,492 6,922,967 562,962 2,105,981 11,462,535
(2) Other than Government 2,986,012 178,000 6,083,852 402,814 2,285,000 11,935,678
(l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand 1,151,184 912,093 4,047,602 901,585 1,515,661 8,528,125
(m) New Zealand business excess of liabilities over assets 22,714 .. .. 686,197 .. 708,911
Totals 74,782,759 47,135,562 137,757,711 23,644,241 63,659,703 346,979,976

*Includes transfers to Long-term Mortgage Department, £271,070.
(h h) Aggregate unexercised overdraft authorities: £130,986,694.

Wellington, New Zealand, 22 July 1960.
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 JUNE 1960

Liabilities £ Assets £
Capital 703,125 Loans 1,724,195
Debentures and debenture stock 750,000 Transfers to bank ..
Transfers from bank 271,070 Other assets ..
Other liabilities .. ..
£1,724,195 £1,724,195

22 July 1960.
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, 20 JULY 1960

Liabilities £ s. d. Assets £ s. d.
2. General Reserve Fund 1,500,000 0 0 8. Reserve—
3. Bank notes 78,586,627 0 0 (a) Gold 315,249 3 6
4. Demand liabilities— (b) Sterling exchange 64,617,310 16 8
(a) State— (c) Gold exchange
(i) Government marketing accounts 717,666 3 5 (d) Other exchange 454,320 16 9
(ii) Other 12,789,972 4 1 9. Subsidiary coin 559,379 15 11
(b) Banks 100,791,435 16 3 10. Discounts—
(c) Other— (a) Commercial and agricultural bills
(i) Marketing organisations 292,250 9 2 (b) Treasury and local body bills
(ii) Other demand liabilities 607,787 16 3 11. Advances—
5. Time deposits (a) To the State or State undertakings—
6. Liabilities in currencies other than New Zealand currency 14,313 7 7 (i) Government marketing accounts
7. Other liabilities 7,516,187 6 7 (ii) For other purposes 12,793,363 2 4
(b) To other public authorities
(c) Other—
(i) Marketing organisations 14,859,889 0 11
(ii) Other advances
12. Investments—
(a) Sterling 31,128,177 4 10
(b) Other 71,308,147 0 6
13. Bank buildings
14. Other assets—
(a) Gold 5,848,080 10 11
(b) Other 932,322 11 0
£202,816,240 3 4 £202,816,240 3 4

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
29 June 1960
Banking statistics, Assets and liabilities, Reserve Bank of New Zealand Act 1933, Trading banks
  • R. N. Fleming, Chief Cashier

💰 Statement of Long-Term Mortgage Department Assets and Liabilities

💰 Finance & Revenue
29 June 1960
Mortgage department, Bank of New Zealand, Financial statement, Transfers
  • R. N. Fleming, Chief Cashier

💰 Reserve Bank of New Zealand Assets and Liabilities Statement

💰 Finance & Revenue
20 July 1960
Reserve Bank statement, Gold reserves, Bank notes, Investments, Advances
  • H. M. Ibell, Deputy Chief Accountant