522

SUMMARY OF BANK RETURNS

OF VICTORIA, NEW SOUTH WALES, NEW ZEALAND, SOUTH AUSTRALIA, QUEENSLAND, October, TASMANIA, AND WESTERN AUSTRALIA.

Compiled from the Sworn Averages for the Quarter ended 31st March, 1991.

Victoria. This includes Government deposits, not bearing interest, £193,625; bearing interest, £776,993; total, £970,618.

New South Wales.-Government deposits are not shown separately by all the banks,
New Zealand.-This includes Government deposits (bearing interest), £538,383.

$ South Australia.-This includes Government deposits, not bearing interest, £100,795; bearing interest, £577,154; total, £677,949.

Queensland.-This includes Government deposits, bearing interest, £1,411,965, Tasmania.-In this colony's Bank Returns, deposits bearing interest are not distinguished from deposits not bearing interest. ** Western Australia.-Government deposits not stated separately.

Including notes, bills of exchange, and all stock and funded debts of every description, except notes, bills and balances due to the banks from other banks.

+ Victoria-Government securities (if any) held by the banks are not separately distinguished in these returns. New South Wales.-This includes £553,700 average amount of Government securities held by the Commercial Banking Company of Sydney; £53,100 New South Wales Government Debentures, held by the Mereantile Bank of Sydney; and £6,377 Government advances by the London Chartered Bank of Australia,

New Zealand.-This includes notes and bills discounted, £2,347,585; debts due to the banks, £9,526,631 ; Colonial Government securities, £100,801; and securities not included under other heads, £1,935,878,

¶ South Australia.-This includes £240,700 Government securities held by the National Bank of Australasia. Queensland. This includes stamp account, £657, Bank of Australasia; and Government securities, held by the Royal Bank of Queensland, Limited, £29,410,

Tasmania. This includes £156,434 Government securities held by the Commercial Bank of Tasmania Limited; coin and bullion are not stated separately. ++Western Australia.-This includes £7,500 public securities held by the Western Australian Bank.

(From the Australasian Banking Record.)

RATES OF INTEREST ON FIXED DEPOSITS.

THE subjoined table exhibits the rates of interest on deposits in London for fixed periods, allowed by the following Indian and Colonial Banks :