✨ Banking Returns
STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the COLONY of NEW ZEALAND for the QUARTER ended 31st March, 1898.
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 .. .. | 582,311 10 9 | 18,130 6 7 | 15,093 9 10 | 745,172 4 5 | 2,492,572 5 7 | 3,238,467 12 10 | 7,091,747 10 0 |
| Union Bank of Australia, Limited .. | 120,470 3 9 | 13,083 19 7 | .. | .. | 1,048,431 18 2 | 1,257,446 15 5 | 2,439,432 16 11 |
| Bank of New South Wales.. | 120,854 15 5 | 6,491 18 2 | 3,681 5 3 | .. | 894,084 4 5 | 1,465,854 12 3 | 2,490,966 15 6 |
| Bank of Australasia .. | 82,566 6 2 | 10,954 0 3 | .. | .. | 594,513 2 7 | 596,810 3 7 | 1,284,843 12 7 |
| National Bank of New Zealand, Limited | 161,420 18 6 | 3,612 12 0 | 23,752 3 9 | .. | 756,701 1 9 | 1,220,747 3 8 | 2,166,233 19 8 |
| Totals .. .. | 1,067,623 14 7 | 52,272 16 7 | 42,526 18 10 | 745,172 4 5 | 5,786,302 12 6 | 7,779,326 7 9 | 15,473,224 14 8 |
ASSETS.
| BANKS. | Coined Gold and Silver and other Coined Metal. | 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 .. | 931,745 1 11 | 63,067 11 1 | 34,333 19 7 | 5,563 3 5 | 147,603 18 11 | 866,155 17 | 678,251 11 4 | .. | 3,117,768 12 9 | 2,190,191 15 10 | 8,034,681 12 1 |
| Union Bank of Australia, Limited | 614,172 13 5 | 534 8 5 | 5,827 9 5 | .. | 72,034 17 9 | 186,963 15 5 | .. | .. | 1,014,502 7 9 | 66,154 17 11 | 1,960,190 10 1 |
| Bank of New South Wales | 533,319 5 9 | 23,345 12 10 | 4,450 7 9 | 15,103 6 2 | 94,737 4 1 | 186,571 12 11 | 50,200 0 0 | 59,988 7 11 | 1,823,010 0 1 | 88,023 16 2 | 2,878,749 13 8 |
| Bank of Australasia .. | 345,043 3 11 | 682 0 0 | 2,993 11 5 | .. | 62,965 19 1 | 239,525 15 3 | .. | .. | 1,199,485 3 6 | 2,220 6 0 | 1,852,915 19 2 |
| National Bank of New Zealand, Limited | 310,223 15 10 | 20,405 12 11 | 3,840 18 9 | 3,592 10 6 | 90,141 11 2 | 244,321 10 3 | .. | .. | 1,529,902 15 9 | 12,340 19 3 | 2,214,769 14 5 |
| Totals .. .. | 2,734,504 0 10 | 108,035 5 3 | 51,446 6 11 | 24,259 0 1 | 467,483 11 0 | 1,723,538 11 | 728,451 11 | 59,988 7 11 | 8,684,668 19 10 | 2,358,931 15 2 | 16,941,307 9 5 |
CAPITAL AND PROFITS.
| BANKS. | Capital paid up. | Rate per Annum of Last Dividend. | Amount of Last Dividend declared. | Amount of Reserved Profits at Time of declaring such Dividend |
|---|---|---|---|---|
| £ | £ s. d. | £ s. d. | ||
| Bank of New Zealand— | ||||
| 4-per-cent. stock guaranteed by the Government of N.Z. .. | 2,000,000 | Nil .. .. .. .. .. .. .. .. .. | .. | 23,474 7 4 |
| Preferred shares subscribed for by the Government of N.Z. | 500,000 | |||
| Capital payable by shareholders | 500,000 | |||
| Union Bank of Australia, Limited | 1,500,000 | Five per cent. .. .. .. .. .. | 37,500 0 0 | 812,003 1 10 |
| Bank of New South Wales | 1,950,000 | Nine per cent. .. .. .. .. .. | 87,750 0 0 | 1,200,000 0 0 |
| Bank of Australasia | 1,600,000 | Five per cent. .. .. .. .. .. | 40,000 0 0 | 817,997 0 0 |
| National Bank of New Zealand, Limited .. | 250,000 | Five per cent. .. .. .. .. .. | 6,250 0 0 | 33,657 0 0 |
The Treasury, Wellington, 20th April, 1898. Jas. B. Heywood, Secretary to the Treasury.
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✨ LLM interpretation of page content
💰 Quarterly Banking Returns for New Zealand Banks
💰 Finance & Revenue20 April 1898
Banking Returns, Liabilities, Assets, Capital, Profits, Quarterly Statement, Bank of New Zealand, Union Bank of Australia, Bank of New South Wales, Bank of Australasia, National Bank of New Zealand
- Jas. B. Heywood, Secretary to the Treasury
NZ Gazette 1898, No 30