TRADING BANK RETURNS
Returns of the trading banks' business In New' Zealand as at cloie of May 31, 1943, with those as for April 26, furnished to the Iteserr* Bank are as iollows:— April. May. Liabilities— £NZ. £NZ. Demand m > 'A. .. 83,329,498 83,105,477 Time 28 693,714 29,059,572 Demand ekewhere .. 364,17,1 438,331 Time, elsewhere . 91,53 1 07,437 N.Z. excess assets \ over liabilities .. 1G.523.3i33 15,G79,639 Total £127,00G,25J £131,460,4«« AssetsBalances, Bes, Bank 20,107,731 32,762,02* Overseas assets in N Z. Business — London 32,440,0Ui 10,744,402 Kl&cwhore 1,659,94!) 1,748,723 Subsidiary com N.Z. 40(5,470 340,574 Advances N.Z. ... 42,551,225 41,580,897 Discounts 73,897 110.T30 tfes. Bank. notes .. 3,901,343 4,397.573 Securities held N.Z. : Govt 36,138,342 30,158.487 Other ....'...... 1,496,335 1,494.166 Land, buildinss .. 1,913,802 • 1,922,920 N.Z. excess liabilities, over assets . 174,930 —
Total £127,006,283 £131,460.48* Deposits, frea and fixed, at March 29, 1943, totalled £105,698,214, and advances and discounts to £44,930,869, and the excess of deposits over advances and discounts amounted to £60,767,"345. Aggregato loturns for May, 1943, with those for May, 1942, shown in parentheses, were as follows:—Deposits, £112,225,----049 (£92,123,9S(1) ; advances and discounts,. £44,691,027 (£41,422,654); overseas assets ia. respect to New Zealand business, in New Zealand currency, were: London, £10)744,402 (£11,489,984); elsewhere, £1,748,725 (£2.----931,223) ; total: overseas assets, £12.493,127 ■(£14,421,209). Government, securities held in New Zealand by the banks as at May:3l, 1943; . were £30,158,487,' compared with £25,876,985 as at May 23, 1942. ■ : ,:' SYDNEY SHARE STEADY. (By Telegraph—Press Association—Copyright.) ■ SYDNEY,.. July- 1. A small - volume of business was transacted on tho. Stock Exchange today and prices wer« steady, mostly at the upper limits. Sales.— Dunlop, 22s 9d; Broken Hill Pty., 40s; Arahura, 26s 6d; Woolworths, 14s 7d; Associated New 3, 15s 3d; Tooths, 565; Morts Dock, 20s 3d;-Colonial Sugar, £51 5s sd; Placer: Development, 555; Peters,.22s; Commercial Ban* of Sydney, £19 Is.
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Bibliographic details
Evening Post, Volume CXXXVI, Issue 2, 2 July 1943, Page 3
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289TRADING BANK RETURNS Evening Post, Volume CXXXVI, Issue 2, 2 July 1943, Page 3
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