✨ 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 March, 1899.
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 .. | 598,638 7 8 | 24,016 14 2 | 17,881 3 1 | 935,463 6 10 | 2,522,440 4 9 | 3,271,747 17 1 | 7,370,187 13 7 |
| Union Bank of Australia, Limited .. | 122,681 10 7 | 7,431 11 3 | .. | .. | 1,010,748 4 10 | 1,243,948 3 11 | 2,384,809 10 7 |
| Bank of New South Wales.. | 133,574 6 10 | 5,828 8 3 | 4,878 1 10 | .. | 792,200 8 6 | 1,501,238 6 8 | 2,437,719 12 1 |
| Bank of Australasia .. | 93,762 0 0 | 11,701 19 5 | .. | .. | 633,740 12 10 | 617,110 12 3 | 1,356,315 4 6 |
| National Bank of New Zealand, Limited .. | 173,073 1 6 | 5,530 16 8 | 19,973 14 6 | .. | 810,425 4 3 | 1,203,219 16 7 | 2,212,222 13 6 |
| Totals .. | 1,121,729 6 7 | 54,509 9 9 | 42,732 19 5 | 935,463 6 10 | 5,769,554 15 2 | 7,837,264 16 6 | 15,761,254 14 3 |
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 .. | 840,609 5 7 | 70,344 5 10 | 41,823 8 10 | 1,373 12 2 | 142,960 17 9 | 838,974 16 6 | 878,279 2 11 | .. | 3,197,717 9 8 | 2,067,922 8 9 | 8,080,005 8 0 |
| Union Bank of Australia, Limited | 520,724 0 9 | 754 10 5 | 9,814 19 10 | .. | 71,770 17 0 | 163,141 6 6 | .. | .. | 1,214,367 9 1 | 61,430 12 10 | 2,042,003 16 5 |
| Bank of New South Wales | 501,208 9 3 | 26,198 11 7 | 3,494 6 2 | 15,963 15 9 | 97,305 11 6 | 205,502 13 0 | 50,200 0 0 | 59,988 7 11 | 1,872,702 18 0 | 91,564 10 8 | 2,924,129 3 10 |
| Bank of Australasia .. | 364,826 12 1 | 826 13 3 | 3,242 0 7 | .. | 62,648 10 8 | 276,304 1 8 | .. | .. | 1,279,237 17 0 | 2,310 16 1 | 1,989,397 11 4 |
| National Bank of New Zealand, Limited | 375,902 15 8 | 18,103 2 1 | 4,980 2 6 | 18,657 6 2 | 88,285 9 8 | 253,351 2 4 | .. | .. | 1,542,196 11 9 | 12,042 3 0 | 2,313,518 13 2 |
| Totals .. | 2,603,271 3 4 | 116,227 3 2 | 63,355 17 11 | 35,994 14 1 | 462,971 6 7 | 1,737,274 0 0 | 928,479 2 11 | 59,988 7 11 | 9,106,222 5 6 | 2,235,270 11 4 | 17,349,054 12 9 |
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 .. | .. | .. |
| Preferred shares subscribed for by the Government of N.Z. | 500,000 | |||
| Capital payable by shareholders | 500,000 | 23,474 7 4 | ||
| Union Bank of Australia, Limited .. | 1,500,000 | Five per cent. | 37,500 0 0 | 817,277 12 0 |
| 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 | Six per cent. | 7,500 0 0 | 51,695 0 1 |
The Treasury, Wellington, 18th April, 1899. JAS. B. HEYWOOD, Secretary to the Treasury.
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NZ Gazette 1899, No 35
✨ LLM interpretation of page content
💰 Quarterly Financial Statement of New Zealand Banks as at 31 March 1899
💰 Finance & Revenue18 April 1899
Banks, Financial Statement, Liabilities, Assets, Capital, Profits, Wellington, 1899
- Jas. B. Heywood, Secretary to the Treasury