Bank Financial Statements




GENERAL STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the Colony of NEW ZEALAND, for the Quarter ended 30th JUNE, 1871.

THE NEW ZEALAND GAZETTE.

LIABILITIES.

BANKS.

Bank of New Zealand ... ... ...
Union Bank of Australia ... ... ...
Bank of New South Wales ... ... ...
Bank of Australasia ... ... ...
Bank of Otago (Limited) ... ... ...
Totals ... ... ...

Notes in Circulation.
£ s. d.
296,008 1 7
100,644 11 6
96,463 8 5
37,036 10 8
40,247 13 10
£ 570,400 6 0

Bills in Circulation.
£ s. d.
20,736 13 4
12,002 5 1
2,175 13 2
3,097 15 5
...
38,012 7 0

Balances due to
other Banks.
£ s. d.
30,678 12 9
61 5 4
10,552 0 9
...
17,718 3 3
59,010 2 1

Deposits.
Government.
£ s. d.
246,186 19 7
268 1 6
76,888 1 9
323,343 2 10

Not bearing Interest.
£ s. d.
884,817 14 0
398,947 12 1
270,594 16 11
113,323 6 8
88,321 11 4
1,756,005 1 0

Bearing Interest.
£ s. d.
436,598 5 9
337,336 5 6
307,688 13 3
58,786 11 6
59,099 15 5
1,199,509 11 5

Total
Liabilities.
£ s. d.
1,915,026 7 0
849,260 1 0
687,474 12 6
289,132 6 0
205,387 3 10
3,946,280 10 4

ASSETS.

BANKS.
Bank of New Zealand
Union Bank of Australia
Bank of New South Wales
Bank of Australasia
Bank of Otago (Limited)
Totals

Coined Gold and
Silver, and other
Coined Metals.
£ s. d.
345,823 16 3
234,407 5 3
230,867 13 9
89,569 14 4
29,570 7 7
£ 930,238 17 2

Gold and Silver
in
Bullion or Bars.
£ s. d.
214,648 12 1
30,190 1 2
38,648 9 1
8,453 13 5
37,102 1 10
329,042 17 7

Notes and
Bills of other
Banks.
£ s. d.
5,962 16 9
984 17 10
2,221 17 2
877 10 9
1,782 16 11
11,829 19 5

Balances due
from
other Banks.
£ s. d.
20,998 0 3
16,061 7 2
8,844 14 0
298 0 3
...
46,202 1 8

Landed
Property.
£ s. d.
22,286 16 0
45,000 0 0
21,159 4 7
34,548 10 8
33,672 8 0
156,666 19 3

Notes and Bills
Discounted.
£ s. d.
834,984 17 9
434,523 13 9
320,968 10 4
188,414 1 7
114,688 8 8
1,893,579 12 1

Colonial
Government
Securities.
£ s. d.
204,865 9 8
...
...
...
...
204,865 9 8

Debts due to the
Bank.
£ s. d.
938,094 5 6
389,545 9 2
260,139 17 1
107,257 12 3
234,130 1 10
1,929,167 5 10

Securities not
included under
other heads.
£ s. d.
277,281 10 10
10,097 17 3
57,097 16 8
247 5 3
...
344,724 10 0

Total Assets.
£ s. d.
2,864,946 5 1
1,160,810 11 7
939,948 2 8
429,368 8 3
451,244 5 1
5,846,317 12 8

CAPITAL AND PROFITS.

BANKS.
Bank of New Zealand
Union Bank of Australia
Bank of New South Wales
Bank of Australasia
Bank of Otago (Limited)
Totals

Capital paid up.
£ s. d.
600,000 0 0
1,250,000 0 0
1,000,000 0 0
1,200,000 0 0
231,529 16 6
£ 4,281,529 16 6

Rate per Annum of last Dividend.
Equal to fifteen per cent. per annum
Twelve per cent. per annum
Ten per cent. per annum
Six per cent. per annum and Bonus of Four per cent. = Ten per cent.
Six per cent. per annum

Amount of last
Dividend declared.
£ s. d.
45,000 0 0
75,000 0 0
50,000 0 0
60,000 0 0
7,198 12 2
237,198 12 2

Amount of Reserved
Fund at the time of
declaring such
Dividend.
£ s. d.
232,389 1 10
479,329 4 0
306,122 18 1
311,950 3 6
5,958 18 10
1,335,750 6 3

Treasury, Wellington, 6th October, 1871.
J. WOODWARD, Assistant Treasurer.
557



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1871, No 55





✨ LLM interpretation of page content

💰 General Statement of Liabilities and Assets for Banks in New Zealand, Quarter ended June 1871

💰 Finance & Revenue
6 October 1871
Bank statistics, Liabilities, Assets, Capital, Dividends, New Zealand Banks, Quarterly Report, 1871
  • J. Woodward, Assistant Treasurer