✨ Bank Financial Statements
582
THE NEW ZEALAND GAZETTE.
[No. 29
STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the Colony of New Zealand, for the QUARTER ended 31st MARCH, 1888.
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 | 431,089 18 4 | 17,567 8 7 | 5,156 11 3 | 590,224 14 1 | 1,490,980 14 10 |
| Union Bank of Australia, Limited | 106,956 12 2 | 18,389 9 9 | 306 18 11 | .. | 612,404 16 10 |
| Bank of New South Wales | 98,092 14 4 | 622 19 6 | 2,862 1 6 | .. | 326,592 13 3 |
| Bank of Australasia | 56,124 18 5 | 6,555 1 3 | 5,000 0 0 | .. | 262,030 17 7 |
| National Bank of New Zealand | 98,377 19 11 | 3,684 13 9 | 8,190 11 11 | .. | 330,672 16 3 |
| Colonial Bank of New Zealand | 101,116 10 10 | 5,182 6 5 | 3,894 18 3 | 590,224 14 1 | 408,550 0 8 |
| Totals | 891,158 14 0 | 52,001 19 3 | 25,411 1 10 | 3,431,231 19 5 | 7,227,082 13 11 |
ASSETS.
| BANKS. | Coined Gold and Silver and other Coined Metals. | Notes and Bills of other Banks. | Balances due from other Banks. | Landed Property. | Notes and Bills Discounted. | Colonial Government Securities. | Other Funded Securities. | Debts due to Bank, exclusive of Debts included under other Heads. | Securities not included as bad. | Total Assets. |
|---|---|---|---|---|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | |
| Bank of New Zealand | 629,437 13 10 | 39,127 10 10 | 26,003 19 8 | 3,852 5 1 | 89,411 10 0 | 1,311,991 3 6 | 238,461 10 9 | 9,500 0 0 | 6,286,693 18 2 | 8,844,988 5 2 |
| Union Bank of Australia, Limited | 616,683 14 6 | 5,436 19 2 | 1,860 1 10 | .. | 115,425 10 0 | 649,403 5 4 | .. | .. | 1,116,235 3 10 | 2,562,657 3 5 |
| Bank of New South Wales | 424,196 12 11 | 1,410 1 7 | 14,770 1 7 | 32,350 18 11 | 99,228 1 0 | 274,794 2 3 | .. | .. | 1,571,829 5 3 | 2,475,638 2 4 |
| Bank of Australasia | 162,165 17 8 | .. | 1,737 12 7 | .. | 61,075 18 7 | 351,413 11 0 | .. | .. | 751,257 8 4 | 1,329,044 7 4 |
| National Bank of New Zealand | 189,502 0 6 | 12,909 9 5 | 4,322 14 6 | 50,997 13 0 | 86,696 1 3 | 280,791 8 5 | 100,000 0 0 | .. | 1,053,573 16 1 | 1,790,286 5 6 |
| Colonial Bank of New Zealand Limited | 222,961 12 7 | 9,376 18 6 | 2,656 2 7 | 63,614 5 2 | 92,315 6 4 | 435,710 2 4 | 141,269 2 6 | 1,181,060 1 1 | 27,243 6 6 | 2,175,606 17 7 |
| Totals | 2,244,347 12 0 | 81,620 19 19 | 637,990 15 2 | 544,152 7 2 | 23,304,103 12 10 | 479,730 13 9 | 500 0 0 | 11,960,649 12 9 | 365,310 6 0 | 19,178,221 1 4 |
CAPITAL AND PROFITS.
| BANKS. | Capital paid up | Rate per Annum of Last Dividend. | Amount of Last Dividend declared. | Amount of the Reserved Profits at Time of declaring such Dividend. |
|---|---|---|---|---|
| £ | £ s. d. | £ s. d. | ||
| Bank of New Zealand | 1,000,000 | Nil | .. | 506,106 8 2 |
| Union Bank of Australia, Limited | 1,500,000 | Twelve per cent. | .. | 1,079,928 17 5 |
| Bank of New South Wales | 1,250,000 | Fifteen per cent., and two and a half per cent. bonus | 90,000 0 0 | 900,000 0 0 |
| Bank of Australasia | 1,600,000 | Twelve per cent. | 109,375 0 0 | 800,000 0 0 |
| National Bank of New Zealand, Limited | 250,000 | Five per cent. | 96,000 0 0 | 10,537 9 3 |
| Colonial Bank of New Zealand | 400,000 | Seven per cent. | 14,000 0 0 | 67,126 10 2 |
Treasury, Wellington, 3rd May, 1888.
JAMES C. GAVIN, Secretary to the Treasury.
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✨ LLM interpretation of page content
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Statement of Liabilities and Assets of Banks
(continued from previous page)
💰 Finance & Revenue3 May 1888
Banks, Financial Statements, Liabilities, Assets, Capital, Profits, Dividends
- James C. Gavin, Secretary to the Treasury
NZ Gazette 1888, No 29