Bank Financial Statement




STATEMENT of the Average Amount of LIABILITIES and ASSETS of the Union Bank of Australia, within the Colony of New Zealand, during the Quarter ended
30th September, 1860.

LIABILITIES.
Notes in circulation .. .. .. .. 103,353 6 9
Bills in circulation .. .. .. .. 44,171 5 8
Balances due to other Banks .. .. .. ..
Government Deposits .. .. .. .. 47,663 7 5
Other Deposits Not bearing Interest .. .. 216,629 8 6
Other Deposits Bearing Interest.. .. .. 290,908 14 5
.. .. .. .. 555,201 10 4

Total Average Liabilities .. .. .. .. £ 702,726 2 9

ASSETS.
Coined Gold and Silver, and other Coined Metal .. .. 139,791 11 3
Gold and Silver in Bullion and Bars .. .. 2,074 3 8
Notes and Bills of other Banks .. .. .. 4,939 9 7
Balances due from other Banks .. .. ..
Landed Property .. .. .. .. 16,317 13 8
Amount of all other Securities—

  1. Notes and Bills discounted.. .. .. 495,374 3 4
  2. Colonial Government Securities .. ..
  3. Other Funded Securities .. ..
  4. Debts due to the Bank (exclusive of Debts aban-
    doned as bad) .. .. 123,604 15 6
  5. Securities not included under the above heads .. 6,649 6 2
    .. .. .. 625,628 5 0

Total Average Assets .. .. .. .. £ 788,751 3 2

Amount of the Capital Stock paid up at the close of the Quarter ended 30th June, 1860 .. .. £ 1,000,000 0 0
Rate of the last Dividend declared to the Shareholders .. .. 14 0 0 per cent. per annum
Amount of the last Dividend declared .. .. 70,000 0 0
Amount of the Reserved Profits at the time of declaring such Dividend .. .. 284,540 2 4

Dated at Auckland this 29th day of October, 1860.

J. C. RAYMOND, Inspector, New Zealand.
J. LEWIS COSTER, Accountant,

THE NEW ZEALAND GAZETTE.
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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1860, No 35





✨ LLM interpretation of page content

💰 Statement of Average Liabilities and Assets for Union Bank of Australia, Quarter ended 30th September, 1860

💰 Finance & Revenue
29 October 1860
Bank, Financial Statement, Liabilities, Assets, Capital Stock, Dividends, New Zealand
  • J. C. Raymond, Inspector, New Zealand
  • J. Lewis Coster, Accountant