Trading Banks
Deposits in the six New Zealand trading hanks rose from £1.86,730.656 to £201,341,858 in the four weeks to December 21. In the same period advances and discounts fell £rom £84.020,443 to £80.027.055. The monthly summary of assets and liabilities gives the following figures, the averages tor 1939 and 1948 being shown for comparison : * Monthly' Monthly Month Av. Av. ended (LN.Z. thous.) 1939 1918 Dec. 2.1 Liabilities (in N.Z.) Demand 38.043 138.211 161.669 Time 30,178 40.403 39. 573 Total 68,221 178,614 201,342 Assets— Bankers’ cash* 15.765 68.81 1 89. 180 Net o/s. assets 3.962 1:1.464 15.320 Govt, see 11.264 16.953 11.731 Other secs 261 1,942 1,769 Advances and discounts .... 54,242 86.470 80,027 Uncxercised overdraft authorities .. 23,621 50,650 61,75.) •Includes notes and coin balances at Reserve Bank.
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https://paperspast.natlib.govt.nz/newspapers/WC19500201.2.16
Bibliographic details
Wanganui Chronicle, 1 February 1950, Page 3
Word Count
127Trading Banks Wanganui Chronicle, 1 February 1950, Page 3
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