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 July to the 30th September, 1857.

LIABILITIES.
£ s. d.
Notes in Circulation .... Not bearing Interest 60,696 4 7
Bearing Interest
Bills in Circulation .... Not bearing Interest 27,416 12 5
Bearing Interest
Balance due to other Banks ...................................................
Deposits ................................................................... Not bearing Interest 353,425 5 10
Bearing Interest 5,027 10 9
358,452 16 7
Total Amount of Liabilities....... 446,567 13 7

ASSETS.
£ s. d.
Coined Gold and Silver and other Coined Metals 95,658 2 8
Gold and Silver in Bullion or Bars 2,756 18 5
98,415 1 1
Landed Property 2,141 7 0
Notes and Bills of other Banks 1,281 8 5
Balances due from other Banks. 181 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 316,782 18 5
Total Amount of Assets. 418,801 14 11

Amount of the Capital Stock paid up at date of the last advices from
London .................................................................. £ 820,000 0 0
Rate of the last Dividend declared to the Shareholders ..... 19½ pr. ct. pr. ann.
Amount of the last Dividend declared for the half year ending 30th
June, 1857 ............................................................. 77,900 0 0
Amount of the Reserved Profits at the time of declaring such Dividend 279,282 8 5

A KENNEDY, Manager.
H. H. KNOWLES, Accountant.

I, ALEXANDER KENNEDY, declare 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.

ALEXANDER KENNEDY.
Manager.

Union Bank of Australia,
Auckland, 7th December, 1857

THE NEW ZEALAND GAZETTE.
215



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1857, No 36





✨ LLM interpretation of page content

💰 General Abstract of Liabilities and Assets for Union Bank of Australia, July-September 1857 Quarter

💰 Finance & Revenue
7 December 1857
Bank abstract, Liabilities, Assets, Union Bank of Australia, Financial statement, 1857
  • A. Kennedy, Manager
  • H. H. Knowles, Accountant
  • Alexander Kennedy, Manager