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.



Next Page →



Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1888, No 29





✨ LLM interpretation of page content

💰 Statement of Liabilities and Assets of Banks (continued from previous page)

💰 Finance & Revenue
3 May 1888
Banks, Financial Statements, Liabilities, Assets, Capital, Profits, Dividends
  • James C. Gavin, Secretary to the Treasury