✨ 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, 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 .. .. | 591,677 6 2 | 19,781 10 11 | 13,940 5 8 | 631,949 14 8 | 2,369,879 9 9 | 3,239,841 4 7 | 6,867,069 11 9 |
| Union Bank of Australia, Limited .. | 113,595 1 6 | 10,556 2 2 | .. | .. | 922,090 11 4 | 1,264,900 14 10 | 2,311,142 9 10 |
| Bank of New South Wales.. .. | 124,555 0 8 | 5,129 1 6 | 4,673 5 4 | .. | 781,725 0 10 | 1,498,672 14 8 | 2,414,755 3 0 |
| Bank of Australasia .. .. | 86,663 1 6 | 9,495 5 7 | .. | .. | 557,684 16 8 | 610,543 19 6 | 1,264,387 3 3 |
| National Bank of New Zealand, Limited .. | 157,652 18 6 | 4,788 12 8 | 16,657 6 8 | .. | 773,703 7 4 | 1,208,362 15 7 | 2,161,165 0 9 |
| Totals .. .. | 1,074,143 8 4 | 49,750 12 10 | 35,270 17 8 | 631,949 14 8 | 5,405,083 5 11 | 7,822,321 9 2 | 15,018,519 8 7 |
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 .. .. | 826,910 11 9 | 71,384 0 5 | 30,368 3 10 | 4,913 17 11 | 145,470 10 8 | 826,286 1 10 | 816,711 8 5 | .. | 3,273,141 7 4 | 2,076,163 8 0 | 8,071,349 10 2 |
| Union Bank of Australia, Limited | 575,157 3 7 | 2,354 16 0 | 9,828 19 4 | .. | 71,742 7 9 | 165,995 10 3 | .. | .. | 1,142,397 5 2 | 71,494 17 6 | 2,038,970 19 7 |
| Bank of New South Wales .. | 461,843 18 4 | 30,911 9 2 | 2,050 7 7 | 13,602 1 5 | 96,187 3 3 | 196,913 10 2 | 50,200 0 0 | 59,988 7 11 | 1,892,726 11 8 | 100,772 8 4 | 2,905,195 17 10 |
| Bank of Australasia .. .. | 341,069 2 9 | 972 1 1 | 2,908 17 11 | .. | 62,771 9 8 | 282,200 5 9 | .. | .. | 1,305,170 7 10 | 2,342 7 7 | 1,997,434 12 7 |
| National Bank of New Zealand, Limited | 420,915 10 2 | 20,726 18 4 | 4,117 8 3 | 4,300 1 9 | 90,538 16 9 | 260,168 11 11 | .. | .. | 1,541,287 12 5 | 12,464 15 11 | 2,354,519 15 6 |
| Totals .. .. | 2,625,896 6 7 | 126,349 5 0 | 49,273 16 11 | 22,816 1 1 | 466,710 8 1 | 1,731,563 19 11 | 866,911 8 5 | 59,988 7 11 | 9,154,723 4 5 | 2,263,237 17 4 | 17,367,470 15 8 |
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, 17th January, 1899. JAS. B. HEYWOOD, Secretary to the Treasury.
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✨ LLM interpretation of page content
💰 Quarterly Financial Statement of New Zealand Banks as at 31 December 1898
💰 Finance & Revenue17 January 1899
Bank liabilities, Bank assets, Capital, Profits, Financial 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 1899, No 5