Bank Financial Statements




608

GENERAL STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the Colony of NEW ZEALAND, for the Quarter ended 30th SEPTEMBER, 1870

LIABILITIES.

| BANKS. | Notes in Circulation. | Bills in Circulation. | Balances due to other Banks. | Deposits. | Total Liabilities. |
|---|---|---|---|---|---|---|---|---|
| | £ s. d. | £ s. d. | £ s. d. | Government. | Not bearing Interest. | Bearing Interest. | £ s. d. |
| Bank of New Zealand | 286,716 12 11 | 14,682 3 7 | 43,172 5 10 | 264,791 4 7 | 647,621 6 10 | 412,039 10 4 | 1,669,023 4 1 |
| Union Bank of Australia | 104,094 5 1 | 10,940 12 3 | ... | 268 1 6 | 383,461 4 1 | 354,600 1 2 | 853,364 4 1 |
| Bank of New South Wales. | 108,258 9 3 | 1,377 7 6 | 6,097 8 4 | ... | 291,472 1 0 | 381,163 5 1 | 788,368 11 2 |
| Bank of Australasia | 40,724 12 2 | 2,371 3 5 | 113,982 4 11 | 104,148 4 7 | 71,417 3 9 | 332,643 8 10 |
| Bank of Otago (Limited) | 33,007 3 0 | ... | 13,511 2 0 | 80,427 9 4 | 56,046 17 7 | 182,992 11 11 |
| Totals | 572,801 2 5 | 29,371 6 9 | 62,780 16 2 | 379,041 11 0 | 1,507,130 5 10 | 1,275,266 17 11 | 3,826,392 0 1 |

ASSETS.

BANKS. Coined Gold and Silver, and other Coined Metal. Gold and Silver in Bullion or Bars. Notes and Bills of other Banks. Balances due from other Banks. Landed Property. Notes and Bills Discounted. Colonial Government Securities. Debts due to the Bank. Securities not included under other heads. Total Assets.
£ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
Bank of New Zealand 262,607 19 4 100,772 9 1 7,003 4 4 5,853 4 8 22,281 8 4 884,857 9 0 176,203 16 11 281,063 7 11 985,526 12 7 2,726,169 12 2
Union Bank of Australia. 242,605 14 4 40,313 4 7 1,190 0 6 33,033 15 11 45,000 0 0 447,745 4 10 ... 7,411 0 8 406,292 12 7 1,223,591 13 5
Bank of N. S. Wales 276,911 15 3 37,666 9 4 1,989 9 4 9,192 0 3 21,668 1 6 398,469 8 10 ... 88,003 19 9 281,697 12 8 1,115,598 16 11
Bank of Australasia 129,070 8 7 13,792 10 2 298 15 8 1,164 4 11 35,004 16 9 260,353 17 9 ... 188,184 7 7 626,883 3 8 1,115,598 16 11
Bank of Otago (Limited). 46,763 9 7 4,653 9 4 1,589 15 5 ... 31,428 13 4 114,396 17 4 178 7 2 270,190 2 5 470,186 12 4
Totals 957,959 7 1 197,198 2 6 12,071 5 3 49,243 5 9 155,382 19 11 2,105,822 17 9 176,203 16 11 2,131,891 7 10 376,656 15 6 6,162,429 18 6

CAPITAL AND PROFITS.

BANKS. Capital paid up. Rate per Annum of last Dividend. Amount of last Dividend declared. Amount of Reserved Profits at the time of declaring such Dividend.
£ s. d. £ s. d. £ s. d.
Bank of New Zealand 500,000 0 0 Fifteen per cent. per annum 37,500 0 0 195,513 8 11
Union Bank of Australia 1,250,000 0 0 Thirteen and one-half per cent. per annum 75,000 0 0 478,714 8 2
Bank of New South Wales 1,000,000 0 0 Fifteen per cent. per annum 75,000 0 0 338,188 12 6
Bank of Australasia 1,200,000 0 0 Six per cent. and Bonus of Four per cent. = Ten per cent. per annum 60,000 0 0 331,128 6 1
Bank of Otago (Limited) 231,529 16 6 Six per cent. per annum 7,198 12 2 5,958 18 10
Totals 4,181,529 16 6 254,698 12 2 1,349,503 14 6

Treasury, Wellington, 16th November, 1870.

J. WOODWARD, Assistant Treasurer.

Printed under the authority of the New Zealand Government, by GEORGE DIDSBURY, Government Printer, Wellington.

THE NEW ZEALAND GAZETTE.




Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1870, No 66





✨ LLM interpretation of page content

💰 General Statement of Liabilities and Assets of Banks in New Zealand for Quarter ended 30th September, 1870

💰 Finance & Revenue
16 November 1870
Bank returns, Liabilities, Assets, Capital, Profits, New Zealand Banks, Financial tables
  • J. Woodward, Assistant Treasurer