✨ Wellington Savings Bank Report
Colonial Secretary’s Office,
Wellington, 20th February, 1849.
HIS EXCELLENCY THE LIEUTENANT-GOVERNOR has been pleased to direct the publication of the following letter, with its enclosures, relating to the Wellington Savings Bank.
By His Excellency’s Command,
Andrew Douglass,
Colonial Secretary.
Savings Bank Office,
Wellington, Feb. 1, 1849.
Sir,
By direction of the Superintending Committee of the Wellington Savings Bank, I do myself the honour to lay before your Excellency the subjoined report of that institution for the past year, with the request of the Committee that your Excellency will be pleased to cause them to be published in the “Government Gazette” for general information, or that can be done consistently with other arrangements.
I have the honour to remain,
Your Excellency’s
Most obedient humble servant,
(Signed) J. Woodward,
Sec. W. S. Bank.
To His Excellency John Edward Eyre, Esq.,
Lieutenant-Governor, &c., &c., &c., New Zealand.
STATEMENT of the Wellington Savings Bank for the year ending December 30, 1848:
Number of accounts brought forward ... 91
" " opened in the year ... 186
Number of accounts closed during year ... 41
Carried forward ... 95
42 accounts have been opened by individuals (nine of them being aboriginal natives of New Zealand) which amount to the sum of ... £763 14 0
42 accounts have been opened by parties for others (one of such trust accounts being for aboriginal natives of New Zealand) in the sum of ... £194 11 8
11 accounts have been opened in the names of Friendly, Benevolent, and Religious Societies, and other Public Subscriptions, in the sums of ... £462 3 3
Assets by the Bank:
Funded Government Debentures bearing interest at 3 per cent. per annum ... £1,210 2 9
Cash in Union Bank of Australia ... £189 0 1
3 months’ interest due on debentures ... 29 16 10
Liabilities:
Amount of deposits as above ... £1,426 7 11
Due regard for Building Fund ... £182 11 8
Balance in favour of Bank ... £244 0 0
(Signed) J. Woodward, Actuary.
Balance Sheet of the Wellington Savings Bank for the year ending Dec. 31, 1848:
To balance of deposits Dec. 31, 1847 ... £1,214 4 6
January ... 89 0 0
February ... 12 11 6
March ... 61 16 6
April ... 151 19 5
May ... 55 15 0
June ... 58 16 0
July ... 66 4 0
August ... 17 13 8
September ... 64 17 0
October ... 129 2 0
November ... 73 1 0
December ... 79 8 0
£2,098 5 1
Interest added to accounts withdrawn ... 7 13 1
Amounts to credit of current accounts Dec. 31, 1848 ... 40 0 5
£2,176 19 5
By amounts withdrawn in:
January ... 42 0 0
February ... 98 14 7
March ... 18 11 2
April ... 21 14 8
May ... 83 14 5
June ... 44 7 6
July ... 72 14 8
August ... 27 14 4
September ... 69 1 0
October ... 110 5 5
November ... 43 8 8
December ... 126 12 6
Balance at debit of interest account December 31, 1847 ... 1 14 11
Interest paid and added to accounts as per contra ... 47 13 6
Charges, paid Actuary ... 3 0 0
" " for advertisements, pass-books, etc. ... 1 19 10
Funded debentures held Dec. 31, 1847 ... 1,460 0 0
Do. received from Colonial Treasurer on repayment of advance ... 100 0 0
Do. purchased ... 100 0 0
Cash in Union Bank of Australia ... 183 0 0
£2,470 3 7
(Signed) J. Woodward, Actuary.
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New Munster Gazette 1849, No 3
✨ LLM interpretation of page content
💰 Publication of Wellington Savings Bank Report
💰 Finance & Revenue20 February 1849
Savings Bank, Financial Report, Wellington, Accounts, Assets, Liabilities
- Andrew Douglass, Colonial Secretary
- J. Woodward, Secretary, Wellington Savings Bank