Bank Financial Statements




STATEMENT of the LIABILITIES and ASSETS of the under-mentioned BANKS in the COLONY of NEW ZEALAND for the QUARTER ended 30th SEPTEMBER, 1901.

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 .. .. 716,728 18 7 17,144 12 5 21,761 14 1 745,007 0 0 3,231,883 19 11 3,615,767 1 9 8,348,293 6 9
Union Bank of Australia, Limited .. 129,268 6 9 5,661 18 11 .. .. 1,124,188 8 1 1,208,862 9 10 2,467,981 3 7
Bank of New South Wales.. .. 138,186 12 10 6,721 6 7 1,781 6 4 .. 915,084 17 6 1,542,667 4 7 2,604,441 7 10
Bank of Australasia .. .. 112,004 7 2 11,598 13 1 .. .. 747,279 10 10 603,867 5 2 1,474,749 16 3
National Bank of New Zealand, Limited .. 229,364 11 6 6,684 3 11 29,248 16 10 .. 1,048,566 7 5 1,244,170 11 2 2,558,034 10 10
Totals .. .. 1,325,552 16 10 47,810 14 11 52,791 17 3 745,007 0 0 7,067,003 3 9 8,215,334 12 6 17,453,500 5 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 .. .. 919,017 4 8 90,365 7 144,630 14 2 2,240 2 11 110,942 4 8 839,993 15 0 628,131 5 0 .. 3,270,514 0 9 1,599,644 1 5 7,505,478 15 8
Union Bank of Australia, Limited 619,258 11 0 537 0 0 1,332 17 8 .. 71,632 7 9 170,739 12 2 .. .. 1,351,723 2 6 49,549 3 8 2,264,772 14 9
Bank of New South Wales .. 552,362 18 0 13,659 5 4 4,242 18 7 14,458 14 7 97,995 11 7 278,454 1 0 167,905 19 0 63,988 7 11 1,997,737 8 7 118,291 4 11 3,309,096 9 6
Bank of Australasia .. .. 319,150 12 0 3,578 8 7 2,860 15 2 .. 62,015 1 8 306,748 3 4 50,000 0 0 .. 1,762,139 11 10 2,597 3 11 2,509,089 16 6
National Bank of New Zealand, Limited 477,891 3 8 34,195 8 2 5,090 3 0 4,644 7 8 84,866 4 6 267,602 0 4 50,071 0 9 .. 1,804,498 5 2 11,829 15 5 2,740,688 8 8
Totals .. .. 2,887,680 9 4 142,335 9 2 58,157 8 7 21,343 5 2 427,451 10 2 1,863,537 11 10 896,108 4 9 63,988 7 11 10,186,612 8 10 1,781,911 9 4 18,329,126 5 1

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.
Bank of New Zealand— £ £ s. d. £ s. d.
4-per-cent. stock guaranteed by the Government of N.Z. .. 2,000,000 Interest, £40,000 per six months, paid May last .. .. .. 23,474 7 4
Capital payable by shareholders .. .. 500,000 .. .. ..
Union Bank of Australia, Limited .. .. 1,500,000 Eight per cent. .. .. .. .. 60,000 0 0 933,818 6 7
Bank of New South Wales .. .. 2,000,000 Ten per cent. .. .. .. .. 100,000 0 0 1,250,000 0 0
Bank of Australasia .. .. 1,600,000 " .. .. .. .. 80,000 0 0 969,150 0 0
National Bank of New Zealand, Limited.. .. 250,000 Eight per cent., and 2 per cent. bonus .. .. 15,000 0 0 (including bonus) 133,293 0 0

The Treasury, Wellington, 25th October, 1901. JAS. B. HEYWOOD, Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1901, No 94





✨ LLM interpretation of page content

💰 Quarterly statement of liabilities and assets for banks in New Zealand

💰 Finance & Revenue
25 October 1901
Banks, Liabilities, Assets, Capital stock, Dividend, Reserved profits, Quarterly 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