✨ Bank Financial Statements
STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the Colony of NEW ZEALAND, for the QUARTER ended 30th JUNE, 1878.
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. | |
| Bank of New Zealand | 512,236 16 11 | 25,972 0 4 | 91 6 7 | 866,992 1 8 | 1,801,579 5 5 |
| Union Bank of Australia | 138,494 13 5 | 20,366 0 8 | ... | ... | 632,304 9 7 |
| Bank of New South Wales | 91,637 3 11 | 559 18 3 | 7,230 4 0 | ... | 292,078 1 6 |
| Bank of Australasia | 53,209 6 3 | 5,708 12 9 | ... | ... | 183,637 19 9 |
| National Bank of New Zealand (Limited) | 111,830 17 9 | 6,273 1 0 | 18,093 8 7 | ... | 340,068 3 7 |
| Colonial Bank of New Zealand | 87,905 8 6 | 1,320 13 3 | 8,992 9 10 | ... | 295,200 6 6 |
| Totals | 995,314 6 9 | 60,200 6 3 | 34,407 9 0 | 866,992 1 8 | 3,544,868 6 4 |
ASSETS.
THE NEW ZEALAND GAZETTE.
| BANKS. | Coined Gold and Gold and Silver | Notes and Bills of other Banks. | Balances due from other Banks. | Landed Property. | Notes and Bills Discounted. | Government Securities. | Other Funded Securities. | Debts due to the Bank, exclusive of Debts abandoned as bad. | Securities not included under other heads. | Total Assets. |
|---|---|---|---|---|---|---|---|---|---|---|
| Coined Metals. | Bullion or Bars. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | |
| Bank of New Zealand | 701,850 13 4 | 84,467 14 8 | 22,045 9 9 | 25,712 4 7 | 64,648 11 7 | 2,497,227 10 4 | 270,000 0 0 | 7,600 0 0 | 2,994,555 15 1 | 96,162 2 2 |
| Union Bank of Australia | 351,386 14 1 | 9,004 3 4 | 4,096 17 8 | 3,761 0 0 | 60,500 0 0 | 865,822 10 4 | ... | ... | 978,637 8 9 | 36,171 2 7 |
| Bank of New South Wales | 298,652 3 3 | 21,186 13 6 | 2,207 9 7 | 11,277 3 0 | 35,327 3 5 | 527,849 0 2 | ... | ... | 627,636 11 11 | 109,677 19 3 |
| Bank of Australasia | 88,143 14 7 | 1,600 10 7 | 1,831 3 4 | ... | 24,736 9 0 | 448,148 16 11 | ... | ... | 362,682 5 4 | 441 8 5 |
| National Bank of New Zealand (Limited) | 181,178 18 4 | 21,818 2 1 | 4,972 17 7 | 4,371 8 0 | 62,501 18 10 | 936,786 11 10 | ... | ... | 773,065 2 2 | ... |
| Colonial Bank of New Zealand | 96,355 18 10 | 14,760 7 1 | 1,875 15 2 | 2,018 13 4 | 32,742 8 1 | 464,593 15 0 | ... | ... | 592,558 6 4 | 25,345 0 11 |
| Totals | 1,717,568 2 5 | 152,837 11 3 | 37,029 13 1 | 47,140 8 11 | 280,456 10 11 | 5,740,428 4 7 | 270,000 0 0 | 7,600 0 0 | 6,329,135 9 7 | 286,334 1 1 |
CAPITAL AND PROFITS.
| BANKS. | Capital paid up. | Rate per annum of last Dividend. | Amount of last Dividend declared. | Amount of Reserve Fund at the time of declaring such Dividend. |
|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | ||
| Bank of New Zealand | 725,000 0 0 | Fifteen per cent. | 54,375 0 0 | 384,358 3 9 |
| Union Bank of Australia | 1,250,000 0 0 | Sixteen per cent. | 100,000 0 0 | 556,800 0 1 |
| Bank of New South Wales | 1,000,000 0 0 | Seventeen and a half per cent. | 87,500 0 0 | 541,966 14 2 |
| Bank of Australasia | 1,200,000 0 0 | Twelve and a half per cent. | 75,000 0 0 | 407,309 9 2 |
| National Bank of New Zealand (Limited) | 350,000 0 0 | Six per cent. | 10,500 0 0 | 12,386 18 6 |
| Colonial Bank of New Zealand | 328,580 0 0 | Six per cent. | 9,857 8 0 | 27,969 2 5 |
| Totals | 4,853,580 0 0 | 337,232 8 0 | 1,930,790 8 1 |
Treasury,
Wellington, 24th July, 1878.
C. T. BATKIN,
Secretary to the Treasury.
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✨ LLM interpretation of page content
💰 Statement of Liabilities and Assets for Banks for Quarter ended June 1878
💰 Finance & Revenue24 July 1878
Banks, Financial Statement, Liabilities, Assets, Capital, Profits, Treasury
- C. T. Batkin, Secretary to the Treasury
NZ Gazette 1878, No 72