Banking Returns




STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the COLONY of NEW ZEALAND for the QUARTER ended 30th September, 1898.

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 .. 579,886 13 10 16,938 10 9 11,467 13 4 645,344 13 3 2,524,827 15 4 3,225,456 16 4 7,003,922 2 10
Union Bank of Australia, Limited .. 112,613 8 2 10,199 10 3 .. .. 994,574 12 6 1,248,209 5 7 2,365,596 16 6
Bank of New South Wales.. 119,471 17 8 4,929 8 8 5,635 7 5 .. 813,898 15 5 1,494,485 10 9 2,438,420 19 11
Bank of Australasia .. 82,275 10 9 9,151 13 8 .. .. 593,857 6 4 616,902 2 7 1,301,586 13 4
National Bank of New Zealand, Limited .. 152,530 16 10 3,265 3 8 18,676 6 5 .. 791,379 17 7 1,218,570 8 10 2,184,422 13 4
Totals .. 1,046,778 7 3 44,484 7 0 35,779 7 2 645,344 13 3 5,718,538 7 2 7,803,024 4 1 15,293,949 5 11

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 .. 788,427 17 6 57,346 17 9 36,561 19 11 4,428 13 11 147,126 11 11 829,148 14 2678,253 13 4 .. 3,159,604 0 1 2,104,583 10 4 7,805,481 18 11
Union Bank of Australia, Limited 614,388 16 9 1,463 6 9 6,491 19 7 .. 71,742 7 9 176,594 18 7 .. .. 1,079,377 18 2 53,773 9 5 2,003,832 17 0
Bank of New South Wales 496,846 8 10 28,949 18 6 8,054 0 1 11,182 14 2 95,115 4 11 186,872 8 11 50,200 0 0 59,988 7 11 1,796,816 2 10 78,425 13 11 2,807,451 0 1
Bank of Australasia .. 362,513 12 0 1,449 11 2 8,333 12 7 .. 62,875 3 7 266,034 15 11 .. .. 1,204,274 8 4 2,147 6 1 1,922,628 9 8
National Bank of New Zealand, Limited 382,338 15 7 22,091 2 5 3,494 7 2 4,985 3 3 91,063 17 4 248,820 16 4 .. .. 1,560,989 0 5 13,345 0 9 2,327,128 3 3
Totals .. 2,664,515 10 8 111,300 16 7 52,935 19 4 20,596 11 4 467,923 5 6 1,707,471 13 11 728,453 13 4 59,988 7 11 8,801,061 9 10 2,252,275 0 6 16,866,522 8 11

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 0 812,199 9 4
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 Six per cent. 48,000 0 0 808,822 0 0
National Bank of New Zealand, Limited .. 250,000 Five per cent. and 1 per cent. bonus 8,750 0 0 52,945 0 1

The Treasury, Wellington, 19th October, 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 77





✨ LLM interpretation of page content

💰 Statement of Liabilities and Assets of New Zealand Banks for Quarter ended 30 September 1898

💰 Finance & Revenue
19 October 1898
Banking Returns, Liabilities, Assets, Capital Stock, Dividend, Reserved Profits, 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