Banking Statistics




STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the COLONY of NEW ZEALAND for the QUARTER ended 30th June, 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 .. 600,302 3 1 17,820 9 0 13,420 3 3 658,066 19 1 2,535,790 7 2 3,220,664 9 10 7,046,064 11 5
Union Bank of Australia, Limited .. 120,636 12 3 9,498 7 5 .. .. 1,040,508 4 2 1,230,091 10 7 2,400,734 14 5
Bank of New South Wales.. 122,901 16 1 5,661 10 11 3,220 6 5 .. 877,996 7 4 1,457,294 6 6 2,467,074 7 3
Bank of Australasia .. 86,011 16 10 10,232 4 11 .. .. 608,198 15 7 603,632 2 9 1,308,075 0 1
National Bank of New Zealand, Limited .. 162,132 17 0 3,564 11 3 19,282 8 3 .. 772,549 6 9 1,231,062 11 5 2,188,591 14 8
Totals .. 1,091,985 5 3 46,777 3 6 35,922 17 11 658,066 19 1 5,835,043 1 0 7,742,745 1 1 15,410,540 7 10

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 .. 839,875 6 1 73,722 3 4 34,101 0 1 4,599 7 0 147,443 16 7 855,575 5 1 678,250 6 7 .. 3,115,872 8 2 2,142,642 14 8 7,892,082 7 7
Union Bank of Australia, Limited 551,132 0 2 758 0 6 6,616 13 9 .. 71,742 7 9 178,600 5 8 .. .. 1,080,178 11 3 57,270 2 3 1,946,298 1 4
Bank of New South Wales 593,129 2 8 23,025 11 9 3,762 10 9 10,149 2 3 94,721 10 3 178,649 9 10 50,200 0 0 59,988 7 11 1,778,779 19 8 83,391 18 9 2,875,797 13 10
Bank of Australasia .. 384,958 6 9 972 0 7 3,616 5 0 .. 62,935 6 10 251,138 8 7 .. .. 1,183,053 13 0 2,072 15 9 1,888,746 16 6
National Bank of New Zealand, Limited 308,164 7 11 17,986 17 9 3,540 11 3 10,914 4 9 90,500 5 3 252,322 15 5 .. .. 1,579,865 9 11 12,097 0 11 2,275,391 13 2
Totals .. 2,677,259 3 7 116,464 13 11 51,637 0 10 25,662 14 0 467,343 6 8 1,716,286 4 7 728,450 6 7 59,988 7 11 8,737,750 2 0 2,297,474 12 4 16,878,316 12 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. £ 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 0 818,275 0 0
National Bank of New Zealand, Limited .. 250,000 Five per cent. 6,250 0 0 93,657 0 0

The Treasury, Wellington, 19th July, 1898. Jas. B. Heywood, Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1898, No 54





✨ LLM interpretation of page content

💰 Quarterly Bank Returns for New Zealand Banks as of 30 June 1898

💰 Finance & Revenue
19 July 1898
Banking, Liabilities, Assets, Capital, Dividends, Quarterly Returns, New Zealand Banks
  • Jas. B. Heywood, Secretary to the Treasury