Bank Financial Statements




STATEMENT of the ASSETS and LIABILITIES of the under-mentioned BANKS in the Colony of NEW ZEALAND, for the QUARTER ended 31st MARCH, 1885.

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. Bearing Interest. £ s. d.
Bank of New Zealand .. 477,959 13 10 23,121 4 4 7,892 10 2 489,191 18 2 1,676,653 4 5 2,721,289 18 2 5,396,108 9 1
Union Bank of Australia (Limited) .. 115,135 4 8 14,228 19 4 430 19 1 .. 595,516 3 8 1,165,751 4 3 1,891,062 11 0
Bank of New South Wales.. 85,763 17 7 438 6 5 2,000 15 7 .. 290,812 19 10 649,127 6 10 1,028,143 6 3
Bank of Australasia .. 67,340 4 7 8,381 17 3 156 0 11 .. 253,685 6 0 342,663 0 2 672,226 8 11
National Bank of New Zealand (Limited) .. 110,316 1 5 4,904 8 3 15,802 5 9 .. 325,544 18 3 546,090 2 7 1,002,657 16 3
Colonial Bank of New Zealand .. 107,188 4 8 3,416 4 3 677 1 10 .. 421,254 11 8 547,142 7 8 1,079,678 10 1
Totals .. 963,703 6 9 54,490 19 10 26,959 13 4 489,191 18 2 3,563,467 3 10 5,972,063 19 8 11,069,877 1 7

ASSETS.

BANKS. Coined Gold and Silver and other Coined Metals. Gold and Silver in 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 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 .. 588,040 18 8 58,001 5 5 29,065 1 5 5,217 8 0 87,428 19 1 1,868,127 6 5 892,307 13 10 .. 5,492,381 11 9 198,852 7 11 9,219,422 12 6
Union Bank of Australia (Limited) 464,985 1 9 5,462 2 9 4,746 10 8 .. 115,588 1 6 639,003 12 0 .. .. 983,405 2 5 79,215 18 3 2,292,406 9 4
Bank of New South Wales 320,046 2 7 15,890 7 9 1,211 16 9 12,392 19 7 89,422 15 1 270,761 14 2 .. .. 1,304,873 18 5 64,139 11 8 2,078,739 6 0
Bank of Australasia .. 111,652 7 10 .. 2,747 18 7 101 19 9 58,549 18 11 563,367 2 11 .. .. 909,560 8 5 2,069 16 5 1,648,049 12 10
National Bank of New Zealand (Limited) 304,784 2 6 12,380 8 6 4,529 17 10 8,371 15 2 85,683 15 7 445,907 15 3 .. .. 998,700 2 11 12,896 5 0 1,873,254 2 9
Colonial Bank of New Zealand .. 215,053 16 10 14,935 12 7 1,953 17 10 19,407 10 7 38,133 16 2 484,451 14 9 .. .. 919,819 9 3 69,814 1 0 1,763,569 19 0
Totals .. 2,004,562 10 2 106,669 17 0 44,255 3 1 45,491 13 1 474,807 6 4 4,271,619 5 6 892,307 13 10 .. 10,608,740 13 2 426,988 0 3 18,875,442 2 5

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.
Bank of New Zealand .. 1,000,000 Fifteen per cent. .. 75,000 0 0 721,093 17 7
Union Bank of Australia (Limited) 1,500,000 Sixteen per cent. 120,000 0 0 1,109,075 13 0
Bank of New South Wales 1,000,000 Seventeen and a half per cent. 87,500 0 0 568,704 5 2
Bank of Australasia .. 1,600,000 Fourteen per cent. 112,000 0 0 750,000 0 0
National Bank of New Zealand (Limited) 350,000 Five per cent. 8,750 0 0 21,873 10 1
Colonial Bank of New Zealand .. 400,000 Seven per cent. 14,000 0 0 59,565 19 8
Totals .. 5,850,000 417,250 0 0 3,230,313 5 6

Treasury,
Wellington, 21st April, 1885.

JAMES C. GAVIN,
Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1885, No 24





✨ LLM interpretation of page content

💰 Financial Statements of Banks

💰 Finance & Revenue
21 April 1885
Banks, Financial Statements, Assets, Liabilities, Capital, Dividends
  • James C. Gavin, Secretary to the Treasury