✨ Colonial Bank of Issue Statement
49
COLONIAL BANK OF ISSUE, NEW ULSTER.
A STATEMENT of the AMOUNT of NOTES in CIRCULATION,—the ASSETS,—and of the EXPENSES incurred on account of the COLONIAL BANK OF ISSUE, within the Province of New Ulster, for the Year ended the 31st of December, 1850.
Amount of Notes in Circulation from the Office of the Colonial Bank of Issue, at Auckland, at the close of business on Tuesday, the 31st day of December, 1850.
| £ | s. | d. | |
|---|---|---|---|
| £5 Notes | 1,630 | 0 | 0 |
| £1 Notes | 1,935 | 0 | 0 |
| Total | £3,565 | 0 | 0 |
Amount of Gold and Silver Coin held by the same Office on the same day.
| £ | s. | d. | |
|---|---|---|---|
| Gold | 2,423 | 0 | 0 |
| Silver | 93 | 0 | 0 |
Amount of Notes of the Bank of Issue at Wellington, discharged for Cash ...
| £ | s. | d. | |
|---|---|---|---|
| 49 | 0 | 0 |
Amount of Cash paid into the Commissariat Chest for investment in Public Securities ...
| £ | s. | d. | |
|---|---|---|---|
| 1,000 | 0 | 0 |
Total ... £3,565 0 0
AN ACCOUNT of the EXPENSES incurred in the MANAGEMENT of the Office of the Bank established at Auckland, for the Year 1850.
| £ | s. | d. | |
|---|---|---|---|
| Manager’s Salary from 3rd June to the 31st December, 1850 | 115 | 7 | 8 |
| Amount paid for an Iron Safe, Books, Stationery, &c. | 32 | 7 | 11 |
| Total on account of the Office at Auckland | £147 | 15 | 7 |
To which may be added proportion of the cost of Notes forwarded from England, for use of the Bank, viz.—£107 17s. 1d.: say one half ...
| £ | s. | d. | |
|---|---|---|---|
| 53 | 18 | 6 |
TOTAL for the Province of New Ulster (borne provisionally as a charge on the Parliamentary Grant) ... £201 14 1
Amount of FUNDS RECEIVED applicable to DEFRAY the above EXPENDITURE ... Nil.
I, Alexander Shepherd, the Colonial Treasurer, do hereby certify that the above is a true account as required by the Ordinance, No. 16, Session 8.
Dated at Auckland, this 14th day of March, 1851.
A. Shepherd,
Colonial Treasurer.
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New Ulster Gazette 1851, No 7
✨ LLM interpretation of page content
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Statement of Colonial Bank of Issue for New Ulster
(continued from previous page)
💰 Finance & Revenue14 March 1851
Bank Notes, Circulation, Assets, Expenses, New Ulster, Auckland
- Alexander Shepherd, Colonial Treasurer