TRADING BANK RETURNS

Evening Post, Volume CXXXIX, Issue 99, 28 April 1945, Page 9

TRADING BANK RETURNS

Returns of the trading banks' business la Sew Zealand as at close of March 26, with those for February 26, furnished to the Reserve Bank are as follows: — • ■• ' ■ Feb. 26. • AJarch 26. Liabilities— • £XZ ■.- £NZ (000's) ",- V. (000's) Demand in N.Z. .... 97,637 °3,606 Time 30,902 30.537 Demand elsewhere ' 51&- --■-■ 614 Time elsewhere 76 -•'•'■ 67 N.Z. excess assets over ■ ....."' liabilities 20,541 15,910 Total 149,670 ' i 14,05---5 Balances, Res. -Bank .. 36,345" :i2,459 Overseas assets, N.Z. business— . London 14,011- ■-14.411 Elsewhere .• l.SGtt 744 Subsidiary coin, N.Z. 7TB 744 Advances N.Z 49,997 ■• ■■'■ .",4.908 Discounts 97' 238 Res. .Bank notes .... 6,007 5,967 Securities held N.Z.: / Govt 36,139 29,024 Other 2,481 2,501 Land, buildings 1.93S 1,934

Total 149,670 144,085 JFree and fixed deposits as at January 29 aggregate £124,699,000, and the excess of deposits over advances and discounts was £74,736,000. Aggregate returns for March, 1945, compared with, those for March, 1944 (shown in parentheses) were:—total deposits, £124,493,000 (£104,812,000); advances and discounts, '£54,146,000 (£46,896,000)'; excess of-deposits over->advances, and discounts, "' £70,347,000 (£57,916,000) ; overseas assets In■■•respect of New Zealand business in London' (N.Z. currency), £14,411,000 (£lo,l79,ooo)';.elsewhere, £1,894,000" (£2,021,000); total werseas assets, £16,305,000 (£12,201,000); Government securities 'held in New Zealand by ~rthe banks, £29,024,000 (£36,142,000)-; aggregate unexercised overdraft authorities, £37,<n2,000 (£34,----814,000). y. ...