Banking Statistics




STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the COLONY of NEW ZEALAND for the QUARTER ended 31st DECEMBER, 1902.

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 .. 741,632 3 4 27,701 8 3 14,304 0 0 1,130,947 13 9 3,579,206 3 5 3,959,204 1 5 9,452,995 10 2
Union Bank of Australia, Limited .. 134,287 10 8 11,300 2 8 .. .. 1,142,974 11 10 1,224,043 10 11 2,512,605 16 1
Bank of New South Wales.. 148,263 0 0 5,726 18 4 3,809 0 0 .. 1,007,410 16 5 1,547,837 2 6 2,713,046 17 3
Bank of Australasia .. 119,554 12 3 11,926 5 1 .. .. 766,300 10 11 659,897 1 11 1,557,678 10 2
National Bank of New Zealand, Limited .. 255,306 10 9 6,036 2 9 9,288 0 2 .. 1,180,190 5 8 1,331,385 1 6 2,782,206 0 10
Totals .. 1,399,043 17 0 62,690 17 1 27,401 0 2 1,130,947 13 9 7,676,082 8 3 8,722,366 18 3 19,018,532 14 6

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 .. 1,036,043 17 4 99,239 11 10 38,279 17 7 1,536 2 6 106,596 4 1 840,936 8 8 578,131 5 0 .. 3,544,848 18 3 1,293,476 3 4 7,539,088 8 7
Union Bank of Australia, Limited 595,585 16 4 2,774 0 0 2,089 1 7 .. 71,650 0 0 140,182 18 7 .. .. 1,344,326 15 4 58,019 18 11 2,214,628 10 9
Bank of New South Wales 522,351 18 8 26,600 0 9 4,974 13 8 10,166 9 1 98,248 15 10 264,586 15 5 167,923 13 0 63,988 7 11 2,292,517 10 10 148,568 9 9 3,599,926 14 11
Bank of Australasia .. 353,654 19 0 6,525 18 11 4,316 18 7 .. 57,259 15 6 314,753 15 2 50,000 0 0 .. 2,094,570 0 3 2,616 6 10 2,883,697 14 3
National Bank of New Zealand, Limited 617,279 14 4 32,033 17 0 5,708 15 10 23,799 9 3 76,707 11 7 268,599 10 3 50,000 0 0 .. 1,838,687 13 10 12,019 16 0 2,924,836 8 1
Totals .. 3,124,916 5 8 167,173 8 6 55,369 7 3 35,502 0 10 410,462 7 0 1,829,059 8 1 846,054 18 0 63,988 7 11 11,114,950 18 6 1,514,700 14 10 19,162,177 16 7

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 Five per cent. .. 21,366 0 0 23,474 7 4
Capital payable by shareholders .. 500,000
Union Bank of Australia, Limited .. 1,500,000 Eight per cent. .. 60,000 0 0 996,213 2 3
Bank of New South Wales .. 2,000,000 Ten per cent. .. 100,000 0 0 1,300,000 0 0
Bank of Australasia .. 1,600,000 Eleven per cent. .. 88,000 0 0 1,049,700 0 0
National Bank of New Zealand, Limited .. 250,000 Eight per cent. for half-year, and 2 per cent. bonus .. *15,000 0 0 173,227 0 0

*Including bonus.

The Treasury, Wellington, 28th January, 1903. JAS. B. HEYWOOD, Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1903, No 7





✨ LLM interpretation of page content

💰 Statement of average Liabilities and Assets of the undermentioned Banks in the Colony of New Zealand for the quarter ended 31st December, 1902 (continued from previous page)

💰 Finance & Revenue
28 January 1903
Banking, Liabilities, Assets, Deposits, Gold reserves, Securities, Dividend, Capital, Reserved profits
  • JAS. B. HEYWOOD, Secretary to the Treasury