New Zealand Gazette – 1898 – No. 6

Page 164

✨ 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, 1897.

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 .. .. 567,381 16 11 19,544 4 3 17,841 7 5 689,683 10 10 2,298,770 14 7 3,269,688 16 11 6,862,910 10 11
Union Bank of Australia, Limited .. 109,744 18 5 10,005 11 3 .. .. 1,003,268 0 7 1,269,191 12 8 2,392,210 2 11
Bank of New South Wales.. 111,814 18 5 6,059 17 7 2,353 7 7 .. 761,915 17 3 1,469,057 10 8 2,351,201 11 6
Bank of Australasia .. .. 76,551 1 6 8,735 18 10 .. .. 528,565 3 2 587,078 19 5 1,200,931 2 11
National Bank of New Zealand, Limited .. 149,547 .6 2 4,446 19 8 21,751 8 5 .. 711,585 10 11 1,239,626 8 9 2,126,957 13 11
Totals .. .. 1,015,040 1 5 48,792 11 7 41,946 3 5 689,683 10 10 5,304,105 6 6 7,834,643 8 5 14,934,211 2 2

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 .. .. 823,558 4 8 64,883 7 10 28,849 17 1 5,827 16 3 147,883 0 11 917,358 2 6 739,787 13 3 .. 3,165,027 3 4 2,201,771 18 0 8,094,947 3 10
Union Bank of Australia, Limited 751,473 5 10 2,389 12 11 6,740 1 8 .. 72,034 17 9 198,950 10 1 .. .. 1,028,210 0 0 68,025 16 5 2,127,824 4 8
Bank of New South Wales 458,807 0 6 19,763 15 10 2,488 4 7 17,909 3 8 94,628 1 10 190,695 12 5 50,200 0 0 59,988 7 11 1,767,870 17 7 99,208 17 7 2,761,560 1 11
Bank of Australasia .. .. 436,044 12 1 1,497 17 8 2,374 5 4 .. 61,991 6 4 239,980 11 3 .. .. 1,226,189 4 0 2,110 14 0 1,970,188 10 8
National Bank of New Zealand, Limited 378,299 16 10 19,100 5 9 3,420 17 3 4,975 17 6 89,922 15 2 261,164 3 9 .. .. 1,498,956 12 0 12,054 15 11 2,267,895 4 2
Totals .. .. 2,848,182 19 11 107,635 0 0 43,873 5 11 28,712 17 5 466,460 2 0 1,808,149 0 0 789,987 13 3 59,988 7 11 8,686,253 16 11 2,383,172 1 11 17,222,415 5 3

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— 2,000,000 Nil .. .. .. .. .. .. .. .. .. .. 23,474 7 4
4-per-cent. stock guaranteed by the Government of N.Z. .. 500,000
Preferred shares subscribed for by the Government of N.Z. 500,000
Capital payable by shareholders .. ..
Union Bank of Australia, Limited .. .. 1,500,000 Five per cent. .. .. .. .. .. 37,500 0 0 812,067 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, 19th January, 1898. Jas. B. Heywood, Secretary to the Treasury.



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VUW Te Waharoa — PDF NZ Gazette 1898, No 6




✨ LLM interpretation of page content

💰 Quarterly Financial Statement of New Zealand Banks as of 31 December 1897

💰 Finance & Revenue
19 January 1898
Banks, Financial report, Liabilities, Assets, Capital, Dividends, Wellington
  • Jas. B. Heywood, Secretary to the Treasury