Bank Financial Statements




STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the Colony of NEW ZEALAND, for the QUARTER ended 31st DECEMBER, 1878.

LIABILITIES.

BANKS. Notes in Circulation. Bills in Circulation. Balances due to other Banks. Deposits. Government. Deposits. Not bearing Interest. Deposits. Bearing Interest. Total Liabilities.
£ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
Bank of New Zealand 500,498 9 0 26,870 5 11 1,139,163 15 10 1,815,083 18 3 2,038,457 13 3 5,520,073 10 3
Union Bank of Australia 129,194 3 10 14,269 6 6 846 9 0 468,766 11 1 1,111,252 6 2 1,724,328 16 7
Bank of New South Wales 84,878 9 4 475 13 6 4,720 12 8 258,870 6 0 447,319 6 0 796,264 7 6
Bank of Australasia 51,875 12 4 4,675 7 0 174,988 8 6 355,795 10 0 587,334 17 10
National Bank of New Zealand (Limited). 112,782 2 4 5,622 11 9 28,872 17 1 340,794 18 5 584,897 7 9 1,072,969 17 4
Colonial Bank of New Zealand 88,477 1 7 1,397 12 11 12,516 17 0 305,445 11 0 376,274 7 2 784,111 9 8
Totals 967,705 18 5 53,310 17 7 46,956 15 9 1,139,163 15 10 3,363,949 13 3 4,913,995 18 4 10,485,082 19 2

ASSETS.

BANKS. Coined Gold and Gold and Silver Silver and other in Coined Metals. Bullion or Bars. 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.
£ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
Bank of New Zealand 648,257 4 6 86,897 12 2 21,980 4 4 16,930 19 4 67,713 14 0 73,363,376 10 9 341,384 12 2 4,676 18 5 3,333,772 5 10 111,487 15 5 7,996,477 17 6
Union Bank of Australia 428,128 9 8 9,136 15 6 2,179 11 2 2,247 8 2 61,800 0 0 941,975 19 8 1,047,709 6 9 52,178 0 8 2,545,355 11 7
Bank of New South Wales 321,605 8 2 25,929 0 0 2,030 6 10 12,371 15 4 34,312 3 0 568,647 15 0 674,018 6 0 114,266 19 2 1,753,181 13 6
Bank of Australasia 108,089 14 6 1,696 4 3 28,641 0 2 486,869 14 5 426,050 0 8 2,072 4 9 1,053,418 18 9
National Bank of New Zealand (Limited) 204,508 4 10 18,914 3 10 4,700 0 6 10,336 12 11 65,039 6 11 926,906 9 2 2,168,989 8 7 15,644 16 6 2,168,989 8 7
Colonial Bank of New Zealand 96,043 17 5 16,597 1 4 1,517 2 10 490 1 8 40,086 2 1 577,089 17 1 1,350,237 3 8 33,843 4 1 1,350,237 3 8
Totals 1,806,632 19 1 157,474 12 10 34,103 9 11 42,376 17 5 297,592 6 9 96,864,866 6 1 341,384 12 2 4,676 18 5 6,989,059 10 4 329,493 0 7 16,867,660 13 7

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 0 413,263 9 0
Union Bank of Australia 1,467,216 0 0 Sixteen per cent. 110,000 0 0 794,206 6 6
Bank of New South Wales 1,000,000 0 0 Seventeen and a half per cent. 87,500 0 0 552,077 4 5
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 12,435 4 5
Colonial Bank of New Zealand 388,393 5 0 Seven per cent. 11,500 6 0 49,508 18 6
Totals 5,130,609 5 0 348,875 6 0 2,228,800 12 0

Treasury,
Wellington, 4th February, 1879.

JAMES C. GAVIN,
Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1879, No 15





✨ LLM interpretation of page content

💰 Statement of Liabilities and Assets for Banks in New Zealand for Quarter ended 31st December, 1878

💰 Finance & Revenue
4 February 1879
Bank statistics, Liabilities, Assets, Capital, Profits, New Zealand Banks, Financial Return
  • James C. Gavin, Secretary to the Treasury