✨ 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, 1880.

AUG. 5.]

LIABILITIES.

Bank of New Zealand
Notes in Circulation: 494,530 5 4
Bills in Circulation: 32,378 17 8
Balances due to other Banks: 6,114 5 2
Government: 447,806 1 10
Deposits Not bearing Interest: 1,815,170 5 5
Deposits Bearing Interest: 1,968,435 7 4
Total Liabilities: 4,764,435 2 9

Union Bank of Australia (Limited)
Notes in Circulation: 119,382 17 9
Bills in Circulation: 15,812 5 0
Balances due to other Banks: 253 16 3
Government: ...
Deposits Not bearing Interest: 488,876 13 10
Deposits Bearing Interest: 1,083,016 17 5
Total Liabilities: 1,707,342 10 3

Bank of New South Wales
Notes in Circulation: 82,177 3 2
Bills in Circulation: 478 4 7
Balances due to other Banks: 4,756 2 5
Government: ...
Deposits Not bearing Interest: 251,418 2 3
Deposits Bearing Interest: 462,183 0 10
Total Liabilities: 801,012 13 3

Bank of Australasia
Notes in Circulation: 55,724 17 0
Bills in Circulation: 5,780 12 11
Balances due to other Banks: 16 3 6
Government: ...
Deposits Not bearing Interest: 153,313 15 3
Deposits Bearing Interest: 281,420 10 8
Total Liabilities: 496,255 19 4

National Bank of New Zealand (Limited)...
Notes in Circulation: 105,117 4 6
Bills in Circulation: 7,134 9 7
Balances due to other Banks: 3,916 2 0
Government: ...
Deposits Not bearing Interest: 323,742 2 2
Deposits Bearing Interest: 506,564 10 4
Total Liabilities: 946,474 8 7

Colonial Bank of New Zealand
Notes in Circulation: 87,367 3 1
Bills in Circulation: 3,757 19 7
Balances due to other Banks: 443 13 4
Government: ...
Deposits Not bearing Interest: 316,528 5 3
Deposits Bearing Interest: 301,207 19 9
Total Liabilities: 709,305 1 0

Totals
Notes in Circulation: 944,299 10 10
Bills in Circulation: 65,342 9 4
Balances due to other Banks: 15,500 2 8
Government: 447,806 1 10
Deposits Not bearing Interest: 3,349,049 4 2
Deposits Bearing Interest: 4,602,828 6 4
Total Liabilities: 9,424,825 15 2


THE NEW ZEALAND GAZETTE.
1111

ASSETS.

Bank of New Zealand
Coined Gold and Gold and Silver Coined Metals: 596,563 7 10
Gold and Silver in Bullion or Bars: 114,211 11 10
Notes and Bills of other Banks: 29,001 9 11
Balances due from other Banks: 16,606 5 3
Landed Property: 71,648 7 0
Notes and Bills Discounted: 2,115,960 0 10
Government Securities: 38,461 10 10
Other Funded Securities: ...
Debts due to the Bank: 3,558,497 6 5
Securities not included under other heads: 125,406 4 3
Total Assets: 6,666,356 4 2

Union Bank of Australia (Lim.)
Coined Gold and Gold and Silver Coined Metals: 344,164 15 1
Gold and Silver in Bullion or Bars: 12,438 6 6
Notes and Bills of other Banks: 1,968 2 11
Balances due from other Banks: 3,074 12 3
Landed Property: 90,500 0 0
Notes and Bills Discounted: 485,487 14 10
Government Securities: ...
Other Funded Securities: ...
Debts due to the Bank: 769,139 3 4
Securities not included under other heads: 20,432 19 0
Total Assets: 1,727,205 13 11

Bank of New South Wales
Coined Gold and Gold and Silver Coined Metals: 459,643 16 5
Gold and Silver in Bullion or Bars: 19,219 8 2
Notes and Bills of other Banks: 1,972 12 3
Balances due from other Banks: 11,758 17 6
Landed Property: 33,372 3 4
Notes and Bills Discounted: 362,167 14 0
Government Securities: ...
Other Funded Securities: ...
Debts due to the Bank: 511,551 1 0
Securities not included under other heads: 78,618 17 4
Total Assets: 1,478,304 10 0

Bank of Australasia
Coined Gold and Gold and Silver Coined Metals: 126,298 5 6
Gold and Silver in Bullion or Bars: ...
Notes and Bills of other Banks: ...
Balances due from other Banks: 47,591 7 6
Landed Property: ...
Notes and Bills Discounted: 439,201 2 6
Government Securities: ...
Other Funded Securities: ...
Debts due to the Bank: 407,081 9 5
Securities not included under other heads: 2,147 18 5
Total Assets: 1,024,031 12 4

National Bank of New Zealand (Limited)
Coined Gold and Gold and Silver Coined Metals: 315,412 19 0
Gold and Silver in Bullion or Bars: 6,985 7 2
Notes and Bills of other Banks: 4,415 0 11
Balances due from other Banks: 5,438 7 10
Landed Property: 69,050 12 3
Notes and Bills Discounted: 955,750 16 4
Government Securities: ...
Other Funded Securities: ...
Debts due to the Bank: 798,583 10 11
Securities not included under other heads: 16,395 4 5
Total Assets: 2,172,031 18 10

Colonial Bank of New Zealand
Coined Gold and Gold and Silver Coined Metals: 188,637 5 3
Gold and Silver in Bullion or Bars: 13,885 0 6
Notes and Bills of other Banks: 1,490 7 10
Balances due from other Banks: 10,912 17 1
Landed Property: 35,243 5 1
Notes and Bills Discounted: 433,719 13 11
Government Securities: ...
Other Funded Securities: ...
Debts due to the Bank: 505,666 3 0
Securities not included under other heads: 53,152 0 10
Total Assets: 1,242,706 13 6

Totals
Coined Gold and Gold and Silver Coined Metals: 2,030,720 9 1
Gold and Silver in Bullion or Bars: 166,739 14 2
Notes and Bills of other Banks: 40,559 2 10
Balances due from other Banks: 47,790 19 11
Landed Property: 347,405 15 2
Notes and Bills Discounted: 24,792,287 2 5
Government Securities: 38,461 10 10
Other Funded Securities: ...
Debts due to the Bank: 6,550,518 14 1
Securities not included under other heads: 296,153 4 3
Total Assets: 14,310,636 12 9


CAPITAL AND PROFITS.

Bank of New Zealand
Capital paid up: 1,000,000 0 0
Rate per annum of last Dividend: Fifteen per cent.
Amount of last Dividend declared: 75,000 0 0
Amount of Reserve Fund at the time of declaring such Dividend: 652,185 3 9

Union Bank of Australia (Limited)
Capital paid up: 1,500,000 0 0
Rate per annum of last Dividend: Sixteen per cent.
Amount of last Dividend declared: 120,000 0 0
Amount of Reserve Fund at the time of declaring such Dividend: 939,539 10 9

Bank of New South Wales
Capital paid up: 1,000,000 0 0
Rate per annum of last Dividend: Seventeen and a half per cent.
Amount of last Dividend declared: 87,500 0 0
Amount of Reserve Fund at the time of declaring such Dividend: 579,503 7 10

Bank of Australasia
Capital paid up: 1,200,000 0 0
Rate per annum of last Dividend: Twelve and a half per cent.
Amount of last Dividend declared: 75,000 0 0
Amount of Reserve Fund at the time of declaring such Dividend: 441,334 19 1

National Bank of New Zealand (Limited)
Capital paid up: 350,000 0 0
Rate per annum of last Dividend: Six per cent.
Amount of last Dividend declared: 10,500 0 0
Amount of Reserve Fund at the time of declaring such Dividend: 22,221 8 4

Colonial Bank of New Zealand
Capital paid up: 400,000 0 0
Rate per annum of last Dividend: Eight per cent.
Amount of last Dividend declared: 15,998 10 5
Amount of Reserve Fund at the time of declaring such Dividend: 44,557 4 2

Totals
Capital paid up: 5,450,000 0 0
Amount of last Dividend declared: 383,998 10 5
Amount of Reserve Fund at the time of declaring such Dividend: 2,679,341 13 11


Treasury,
Wellington, 2nd August, 1880.

JAMES C. GAVIN,
Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1880, No 76





✨ LLM interpretation of page content

πŸ’° Statement of Bank Liabilities, Assets, Capital, and Profits for Quarter Ended June 1880

πŸ’° Finance & Revenue
2 August 1880
Bank statistics, Liabilities, Assets, Capital, Dividends, New Zealand Banks, June 1880
  • James C. Gavin, Secretary to the Treasury