TRADING BANKS
Deposits in the Rix New Zealand trading hanks rose from £186.634.845 to £1R7,407.323 1n the four weeks to September 2R. Tn thg same period advances and discounts rose front £.81.709.370 to £81.787.224. The monthly summary of assets and liabllt* ties gives the following figures, the average! for 1939 and 1948 being shown for compart*
Monthly Av. Monthly Av. Month ended (£N.Z. thous.) 1939 1948 Oct. 28 Liabilities (in N .2.)— Demand 38.043 13R.2H 147.360 Time 30.17R 40.403 40.047 Total 68.221 178.614 187.40? Assets— Bankers' cash* 15.765 68.814 90,009 Net o/s assets 3.982 13.464 13,109 Govt. sec. . 11.264 16.933 11.731 Other secs. 261 1.942 1.785 Advances and discounts 54.242 86.470 81.787 Uncxerclsed ovcrdra ft authorities 23.621 50.650 58 *22 •Includes note a and coin balances at R»serve Bank,
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Bibliographic details
Wanganui Chronicle, 5 November 1949, Page 2
Word Count
129TRADING BANKS Wanganui Chronicle, 5 November 1949, Page 2
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