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.
1059



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1878, No 72





✨ LLM interpretation of page content

💰 Statement of Liabilities and Assets for Banks for Quarter ended June 1878

💰 Finance & Revenue
24 July 1878
Banks, Financial Statement, Liabilities, Assets, Capital, Profits, Treasury
  • C. T. Batkin, Secretary to the Treasury