BANK RETURNS.

Daily Southern Cross, Volume XIX, Issue 1743, 19 February 1863, Page 4

BANK RETURNS.

ASSETS AND LIABILITIES DURING THE QUARTER ENDED DECEMBER 31, 1802.

Theso returns give us ab a glance the monetary position of tho Colony. The following result is arrived at, as the dealings of the three Banks doing business in New Zealand for the last quarter of 1862 :-

The reverse of this was the case at the quarterly balances in June and September. The excess of deposits over discounts at the end of the Juno quarter was £124,365 IK 7d. The Government and commercial deposits fell off in the December quarter and the discounts increased. There was a falling-off also in the amount of Government deposits, on the quarter, as contrasted with the June quarter, of £14.733 16s. We find the following to have beeu the state of general deposits for the quarter under review :—: —

This shows that there is nearly a million sterling of invested capital lying at the banks, bearing interest, to the credit of depositors. Since June the balance of deposits bearing interest has slightly increased : at the end of the June quarter the amount was £943,155," as against £967,924 in December. These returns show that New Zealand is steadily maintaining her position as a mercantile country, and enable us to congratulate the proprietors of our local banks upon the extraordinary amount of business it appears to have transacted in the period under review.

S r ot»i, 8H1» 3orernmont dopoilti, . . Hher dopoiiti, . . £144,025 II) 5 34,271 13 7 47,120 2 10 .. 017,614 0 1 Total, ... ... £843,637 16 11

Union Bank of Australia.— The liabilities are thus stated —

Speole .68*0,074 19 8 Bullion, 8,640 18 11 Notei and bill* of oth*r b»nki, . . 2,989 12 2 Balance* dut from ditto, 22,803 8 1 landed property, 16,665 9 9 DllcounU, • 603,494 010 Dobti, excluilre of dtbtt abandonee! wbad, W0.841 10 1 Other »eouritie», MM 0 * Total, £1,180,85? 9 5

The total average assets are given thus :—

Note*, . . ■>. „„„, £103,312 (! 0 - fBlHt, ..~-v. .. v. ••-<«*"■ -O;TfiO U 8 BnlonceiUiio to otbir banko, . . 7i 124,673 010 floTornment depo«it»r 188,759 0 7 Othof <UHo, .'. 482/485 12 10 Total. £010,200 10 5 £010,200 10 5

Bank of New Zealand.— The liabilities are thus •toted ;—

Specie . . . . - £232,000 lfl 10 H\UHon 78,824 10 7 Notei audbilli of other bank», .. 0,104 * Balanco duo from ditto, .. .. 010 7- 1 landed property, O.flfil 18 0 Diiconnti!, C 25.822 10 0' Debt)!, oxclmivo of debt* abandoned n«bad 221,448 14 fi Otlior leourities, 54,187 8 9Total, ! £t,128,7H 10 6

The following is the enumeration of assets : —

Joten, mi», Inlnncet due to other banks, . . )epositi, . . „ „ .. £141,080 0 3 iiSB 2 5 12,870 9 D .. 845,748 0 3 Total .. £500,803 7 0

Bank of New South Walhs. — The liabilities of this bank in New Zealand are :—

Spoclo £304,891 10 ! 3ullion, .... 13,005 14 1 Vote* and Mils of other banlsi, .. 3,005 12 i taUncos due from other bank*, . . 1,808 19 II Landed Property 8,203 16 I Mirounts 380,810 0 : )cbt«, oxclurive of debts abandoned an bad 119,271 0 ! )ther Securities 09,718 14 II Total .. . • £035,235 7 ■

The assets are thus stated : —

'otal deposit* £1,315,583 14 )eiluct Government deposit* . . . 230,885 12 1,815,(583 14 230,885 12 'otal Cominorclal depositi . . . . £1,084,008 2 MicounU 1,fi19,12C 17 3xcess of discounts over dopontU . . j5434,428 Ifi

i\od deposits iurrcnt iiccounti £007,024 12 424,778 9 424,778 9 lilnnco bearing interest £543,151 3