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BANK RETURNS.

(PRISS ASSOCIATION- TELKGKAiI.)

WELLDvGTOIn, April 22.

The bnnk returns for the. first quarter of tho year show heavy increases in the vojunas o: tlxf-d and free deposits, tile a£gri-#>ta increase being in eoccees of £1,£00,000. A'Jvanoess'liow amodsrate in-I'l-oaso, only iv excess of the corresponding period of Inst year. Discounts •exhibit a slight shrinkage. The note circulation is snhsUvntiaJy larger, be£6U.131 in excess ef the March quarter of 1902, and there is also a dc-cidod exprecsioii :n nicUil reserve, the aggTvrai.? ehuwinvj an cxcfsx of £148,700. Liabilities exceed wsets by £613.i550, while for the coiresponding period of Ltst yt:ix thcro wi-.s ;mi <--t suss£-ts amounting to £913,635. Tho rjsK-ts in ilarch last ainouutcd t<i £19,>;2,C04; in the prtMarch. £19.029.139. The liabilities ni tli-3 end of _\iareh of this yesx weK , £19,955.759; a- tho end of the. first quarter of 1902, £1,811,546. The follo-.ving show liabilities and ai?ets of each bank:—

■ j Liitb'ilitirsia ■ A3-«-t5 ia Kauieof Bank. j NewZraUnJj New Z^iaad. i £ £ Bank of New Zealand..! 10,04 «,CO-D T.Tii.oUO L^ t .^.. U ' AU ::i WOW* 1.87.453 Banket .Sew South, ?^. ;g Bank t>( Auetraleaia ■ •> j i,i--o.<tO Nat.oi.al rank O! New l „ .. ! „„,.-., Turuia- to the advances the returns disclose p.:, lec:«u>o of £194.557 a* compared ivith a yesv ago, while, la*: ywt-r exhibited an «.{" £592.291 m>-r thi previou year. The deposits chow an Abnormal increa»2, t'ii? fixed drpcs.te oem; £318.20= more ihan «it the date o: 1;«U year. The nxed deposits ars as under: —New Zealand £3.066.058; Un;on. £1.232.721; New Jicuth_ £1,546.471: Australasia. £6.i6.::::-0 : A.t tional, £1,315,143. Total, £8,736,644.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19030423.2.19

Bibliographic details

Press, Volume LX, Issue 11565, 23 April 1903, Page 5

Word Count
257

BANK RETURNS. Press, Volume LX, Issue 11565, 23 April 1903, Page 5

BANK RETURNS. Press, Volume LX, Issue 11565, 23 April 1903, Page 5

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