BANKING RETURNS

Northern Advocate, 15 September 1932, Page 7

BANKING RETURNS

. INTERESTING STATISTICS. The summary of the banking returns published in the current issue of “The Australian Insurance and Banking Record’’ shows that the average deposits held by the eleven banks trading in Australia and Now Zealand during, the quarter ended June 20, 1932, totalled £332,372,041. Advances and securities (including Government and municipal securities) for the same period totalled £333,006,355. Reference to the figures under these headings for the June quarter 1931 discloses that at that date deposits were running at £316,079,745,• and advances and securities at £321,036,546. The following are the figures : for the six banks doing busines in New land:—

DEPOSITS Aust. j N.Z. Total. £ £ New South Wales .. 78,475,851 5,710,522' 84,186,373 Australasia .. • .. .. 112,193,803 4,558,669 36,752,472 Union of Australia, Ltd. .. 25,715,752 5,733,903 31,449,655 New Zealand .. 937,506 27,565,063 28,502,569 Commercial of Australia, Ltd. 20,259,146 1,427,822 2lj6S6,96S National of New Zealand, Ltd. .. ' — 9;017'321 9'017'321 ADVANCES ■ ’ (Including Government and Municipal Securities) Aust. N.Z. Total. £ £ New South Wales 69,412,086 6,616,407 76,028,493 Australasia 32,159,848 5,094,917 37,254,765 New Zealand 5,522,445 29,222,660 34'74o'l05 Union of Australia, Ltd. . .. 23,762,041 6',355', 307 30,117,348 Commercial of Australia, Ltd. 20,977,694 1,518,300 22,495^994 National of New Zealand, Ltd, ... "— 11,323,659 li,323, 659