New Zealand Gazette – 1888 – No. 42

Page 817

✨ 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, 1888.

LIABILITIES.

BANKS.	Notes in Circulation.	Bills in Circulation.	Balances due to other Banks.	Deposits.			Total Liabilities.
	£ s. d.	£ s. d.	£ s. d.	Government. £ s. d.	Not bearing Interest. £ s. d.	Bearing Interest. £ s. d.	£ s. d.
Bank of New Zealand ..	431,796 9 5	17,566 7 3	6,694 5 11	649,520 5 6	1,477,102 5 8	2,534,988 14 6	5,117,668 8 3
Union Bank of Australia, Limited ..	107,938 7 3	12,250 18 2	368 13 11	..	563,536 17 1	1,647,766 15 1	2,331,861 11 6
Bank of New South Wales..	97,078 0 2	886 13 4	1,729 2 10	..	327,653 5 1	1,145,348 0 6	1,572,695 1 11
Bank of Australasia ..	55,162 6 2	6,886 15 11	5,000 0 0	..	289,046 10 0	653,430 11 8	1,009,526 3 9
National Bank of New Zealand, Limited ..	98,753 4 8	3,385 3 5	13,049 5 11	..	308,997 7 1	547,660 13 6	971,845 14 7
Colonial Bank of New Zealand ..	101,669 17 0	4,452 6 1	4,462 2 4	..	368,265 1 8	673,499 12 2	1,152,348 19 3
Totals ..	892,398 4 8	45,428 4 2	31,303 10 11	649,520 5 6	3,334,601 6 7	7,202,694 7 5	12,155,945 19 3

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.	Colonial 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 ..	708,670 12 11	45,284 17 1	25,685 16 11	4,030 12 3	89,466 19 4	1,241,061 11 6	..	9,500 0 0	6,155,232 10 3	210,344 10 9	8,489,277 11 0
Union Bank of Australia, Limited	621,905 16 7	9,174 5 8	2,112 16 2	24 6 2	115,425 10 0	629,736 10 2	..	..	1,150,139 18 9	61,435 7 8	2,589,954 11 2
Bank of New South Wales	394,043 9 0	16,033 5 10	1,118 7 6	31,390 0 5	97,747 0 10	269,209 6 10	..	..	1,604,314 7 11	53,787 16 6	2,467,643 14 10
Bank of Australasia ..	212,357 5 10	..	1,417 9 8	..	60,929 19 4	388,633 4 4	..	..	766,791 8 6	2,522 7 2	1,382,651 14 10
National Bank of New Zealand, Limited	160,333 5 3	12,977 10 6	3,167 12 0	24,588 14 5	87,140 11 1	298,453 5 6	100,000 0 0	..	1,073,826 15 11	11,842 6 1	1,772,330 0 9
Colonial Bank of New Zealand ..	164,861 4 11	12,150 4 3	2,677 14 10	61,485 1 1	92,621 19 10	402,678 7 11	288,000 0 0	..	1,231,506 4 4	27,485 15 3	2,283,466 12 5
Totals ..	2,262,171 14 6	95,620 3 4	36,179 17 1	121,518 14 4	543,332 0 5	3,179,772 6 3	388,000 0 0	9,500 0 0	11,981,811 5 8	367,418 3 5	18,985,324 5 0

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	Seven per cent.	35,000 0 0	560,861 8 3
Union Bank of Australia, Limited	1,500,000	Twelve per cent.	90,000 0 0	1,079,928 17 5
Bank of New South Wales	1,250,000	Seventeen and a half per cent.	109,375 0 0	910,000 0 0
Bank of Australasia ..	1,600,000	Twelve per cent.	96,000 0 0	800,000 0 0
National Bank of New Zealand, Limited	250,000	Five per cent.	6,250 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, 25th July, 1888. JAMES C. GAVIN, Secretary to the Treasury.

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Domain💰 Finance & Revenue
Dated25 July 1888
KeywordsBanks, Financial Statements, Liabilities, Assets, Capital, Profits
👩‍💼 Officials