New Zealand Gazette – 1888 – No. 6

Page 88

✨ Bank Financial Statements

STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the Colony of NEW ZEALAND, for the QUARTER ended 31st DECEMBER, 1887.

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 .. ..	437,353 16 5	20,063 19 6	4,646 9 6	473,069 17 10	1,440,743 0 8	2,809,699 16 0	5,185,576 19 11
Union Bank of Australia, Limited ..	104,980 18 5	15,955 15 8	115 15 7	..	540,883 4 2	1,582,875 3 1	2,244,810 16 11
Bank of New South Wales.. ..	92,519 8 7	593 13 11	2,221 14 3	..	317,206 8 4	1,014,155 15 7	1,426,697 0 8
Bank of Australasia .. ..	53,844 12 4	5,449 6 7	769 4 7	..	278,825 12 1	677,249 0 6	1,016,187 16 1
National Bank of New Zealand, Limited ..	94,205 4 8	3,418 4 8	7,686 7 4	..	306,602 1 10	583,815 18 9	995,727 17 3
Colonial Bank of New Zealand ..	93,170 6 2	3,582 8 5	3,835 1 7	..	389,642 1 10	696,490 5 6	1,186,720 3 6
Totals .. ..	876,074 6 7	49,063 8 9	19,274 12 10	473,069 17 10	3,273,902 8 11	7,364,285 19 5	12,055,670 14 4

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 .. ..	533,645 12 3	58,890 7 6	20,741 7 0	3,099 7 11	89,260 3 9	1,392,942 16 9	271,153 16 11	2,923 1 7	6,353,254 0 8	208,930 18 10	8,934,841 13 2
Union Bank of Australia, Limited	590,645 15 9	8,493 13 8	2,435 18 10	..	115,425 10 0	651,877 18 2	..	..	1,184,671 11 1	71,797 2 7	2,625,347 10 1
Bank of New South Wales ..	493,808 5 9	20,361 9 6	1,257 7 4	32,820 1 6	99,410 6 8	270,890 11 11	..	..	1,553,362 9 10	62,430 13 2	2,534,341 5 8
Bank of Australasia .. ..	201,046 5 11	..	2,579 11 8	..	61,173 15 3	367,367 12 8	..	..	752,198 19 3	1,321 6 2	1,385,687 10 11
National Bank of New Zealand, Limited	254,804 14 1	12,437 18 4	4,522 2 10	25,897 18 6	86,606 8 10	293,069 2 3	..	..	1,073,957 2 9	11,434 0 9	1,762,729 8 4
Colonial Bank of New Zealand ..	176,842 4 9	7,799 19 9	3,255 15 2	71,005 0 7	92,185 13 6	456,252 10 2	40,378 9 8	..	1,159,263 4 4	27,200 13 3	2,034,183 11 2
Totals .. ..	2,250,792 18 6	107,983 8 9	34,792 2 10	132,822 8 6	544,061 18 0	3,432,400 11 11	311,532 6 7	2,923 1 7	12,076,707 7 11	383,114 14 9	19,277,130 19 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. .. .. .. ..	90,000 0 0	1,084,827 16 4
Bank of New South Wales .. ..	1,250,000	Fifteen per cent., and two and a half per cent. bonus	109,375 0 0	900,000 0 0
Bank of Australasia .. .. ..	1,600,000	Thirteen and a half per cent. .. .. ..	108,000 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	65,962 3 2

Treasury, Wellington, 25th January, 1888. JAMES C. GAVIN, Secretary to the Treasury.

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Domain💰 Finance & Revenue
Dated25 January 1888
KeywordsBanks, Liabilities, Assets, Financial Statement, New Zealand, Treasury
👩‍💼 Officials