THE NEW ZEALAND GAZETTE

No. 4

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, 18 JANUARY 1967

Liabilities

Notes in circulation ... £82,270,379
Demand deposits—
(a) State ... £14,491,534
(b) Banks ... £43,381,866
(c) Marketing accounts ... £1,908,698
(d) Other ... £29,904,092
Time deposits ...
Liabilities in currencies other than New Zealand currency—
(a) Demand ... £53,668
(b) Time ... £12,024,048
Other liabilities ... £2,479,923
Capital accounts—
(a) General Reserve Fund ... £1,500,000
(b) Other reserves ... £6,915,275
£8,415,275

£194,929,483

Assets

Gold ... £85,257
Overseas assets—
(a) Current accounts and short-term bills ... £14,660,599
(b) Investments ... £19,567,640
New Zealand coin ... £34,228,239
Discounts ... £28,338
Advances—
(a) To the State (including Treasury bills) ... £82,262,696
(b) To marketing accounts ... £48,392,568
(c) Other advances ... £3,325,562
Investments in New Zealand—
(a) N.Z. Government securities ... £23,819,398
(b) Other ... £73,500
Other assets ... £2,713,925

£194,929,483

L. J. JARVIS, Assistant Chief Accountant.

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF PRINCIPAL LIABILITIES AND ASSETS IN RESPECT OF NEW ZEALAND BUSINESS AS AT CLOSE OF BUSINESS ON 29 DECEMBER 1966

In accordance with Subsection (4) of Section 31 of the Reserve Bank of New Zealand Act 1964

(All amounts in New Zealand Currency)

LIABILITIES†

(£N.Z. thousands)

Australia and New Zealand Bank Limited ... £69,500
Bank of New South Wales ... £44,421
Bank of New Zealand ... £124,118
The Commercial Bank of Australia Limited ... £25,234
The National Bank of New Zealand Limited ... £57,543
Totals ... £320,816

1. Demand deposits in New Zealand ... £69,500
2. Time deposits in New Zealand ... £18,285
3. Liabilities elsewhere than in New Zealand incurred in respect of New Zealand business ... £1,721
4. Bills payable and all other liabilities in New Zealand, including balances due to other banks but excluding shareholders' funds ... £4,197

ASSETS†

(£N.Z. thousands)

Australia and New Zealand Bank Limited ... £10,288
Bank of New South Wales ... £7,593
Bank of New Zealand ... £9,828
The Commercial Bank of Australia Limited ... £4,474
The National Bank of New Zealand Limited ... £7,775
Totals ... £39,958

1. Balances at Reserve Bank of New Zealand ... £10,288
2. Reserve Bank of New Zealand notes ... £4,851
3. New Zealand Coin ... £299
4. Assets elsewhere than in New Zealand held in respect of New Zealand business ... £4,286
5. Advances in New Zealand and discounts of bills payable in New Zealand (excluding advances and discounts included under item 6)—
   (a) Advances ... £49,252
   (b) Discounts ... £3,044
6. Term loans in New Zealand (including special export finance) ... £2,144
7. Investments held in New Zealand—
   (a) Government securities ... £6,809
   (b) Other Investments ... £61
8. Cheques and bills drawn on other banks in New Zealand and balances with and due from other banks in New Zealand (excluding balances with Reserve Bank of New Zealand) ... £7,904
9. Book value of land, buildings, furniture, fittings, and equipment in New Zealand ... £2,377
10. All other assets in New Zealand ... £368

*Includes Wool Retention Accounts £994 Aggregate Unexercised Overdraft Authorities £181,576.
†Excluding shareholders' funds, contingencies, inter-branch accounts within New Zealand, and certain transit items.
‡Excluding inter-branch accounts within New Zealand, contingencies, and certain transit items.

Wellington, N.Z., 18 January 1967.

R. N. FLEMING, Chief Cashier, Reserve Bank of New Zealand.