✨ Bank Financial Abstract




GENERAL ABSTRACT, shewing the AVERAGE AMOUNT of the LIABILITIES and ASSETS of the UNION BANK OF AUSTRALIA, within the Colony of New Zealand,
taken from the several Weekly Statements, during the Quarter from the 1st April to the 30th June, 1857.

LIABILITIES.
Notes in Circulation ....................................... } Not bearing Interest.................... 53088 9 2
........................................................... } Bearing Interest ..........................
Bills in Circulation ....................................... } Not bearing Interest .................... 22695 8 10
........................................................... } Bearing Interest ..........................
Balance due to other Banks....................................................................................... ......
Deposits ................................................... } Not bearing Interest.................... 332367 5 2
........................................................... } Bearing Interest ..........................

Printed by W. C. WILSON, "New-Zealander" Office.

Total Amount of Liabilities ................................ 408,751 3 2

ASSETS.
Coined Gold and Silver and other Coined Metals ......................................... Β£ 96,194 8 8
Gold and Silver in Bullion or Bars.......................................................... 781 18 10
Landed Property ................................................................................... 1,850 10 5
Notes and Bills of other Banks ................................................................ 5,563 12 3
Balances due from other Banks ............................................................... 666 0 0
Amount of all Debts due to the Bank, including Notes, Bills of Exchange, and
all Stock and Funded Debts of every description, excepting Notes, Bills
and Balances, due to the said Bank from other Banks................................ 277,224 3 8

Total Amount of Assets.................................... 382,280 13 10

Amount of the Capital Stock paid up at date of the last advices from
London ..................................................... Β£ 820,000 0 0
Rate of the last Dividend declared to the Shareholders ............................ 20 pr. ct. pr. ann.
Amount of the last Dividend declared for the half year ending 31st
December, 1856 ............................................. 82,000 0 0
Amount of the Reserved Profits after declaring such Dividend ............... 289,138 1 9

A. KENNEDY, Manager.
WM. JAS. GREEN, Accountant.

I, ALEXANDER KENNEDY, make Oath, that to the best of my knowledge and belief the foregoing Abstract is a true and faithful Account of the Average Amount of Assets and Liabilities of
the above Bank within the Colony of New Zealand during the period specified; and that the same was made up from the Weekly Statements thereof.

Sworn before me at Auckland, New Zealand, this
twenty-second day of September, 1857.
}
THOS. HENDERSON. Justice of the Peace.

A. KENNEDY.




Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1857, No 27





✨ LLM interpretation of page content

πŸ’° General Abstract of Liabilities and Assets for Union Bank of Australia (Qtr ending June 1857)

πŸ’° Finance & Revenue
22 September 1857
Bank abstract, Liabilities, Assets, Financial statement, Union Bank of Australia, Banking
  • A. Kennedy, Manager
  • Wm. Jas. Green, Accountant
  • A. Kennedy
  • Thos. Henderson, Justice of the Peace