✨ Banking Financial Statements
2588
THE NEW ZEALAND GAZETTE.
[No. 73
STATEMENT of the Liabilities and Assets of the undermentioned Banks in the Dominion of New Zealand for the QUARTER ended 30th SEPTEMBER, 1923.
LIABILITIES.
| Banks. | Notes in Circulation. | Bills in Circulation. | Balances due to other Banks. | Government. | Deposits. | Total Liabilities. |
|---|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | |
| Bank of New Zealand | 3,852,490 18 1 | .. | 82,804 6 6 | 5,044,961 12 1 | 12,283,147 11 10 | 9,083,070 10 10 |
| Bank of Australia, Limited | .. | .. | 570,447 0 0 | .. | .. | 2,094,669 0 0 |
| Union Bank of New South Wales | .. | .. | 520,011 13 1 | 16,066 0 0 | .. | 2,889,590 18 4 |
| Bank of Australasia | .. | .. | 472,088 5 5 | 279,612 6 11 | .. | 2,537,932 2 0 |
| National Bank of New Zealand, Limited | .. | .. | 887,737 0 0 | .. | .. | 4,298,840 0 0 |
| Commercial Bank of Australia, Limited | .. | .. | 51,787 0 0 | 4,469 0 0 | .. | 746,559 0 0 |
| Totals | 6,354,511 16 7 | 251,912 1 5 | 378,482 13 5 | 5,044,961 12 1 | 25,800,738 12 2 | 18,138,097 18 11 |
ASSETS.
| Banks. | Coined Gold and Silver and other Coined Metals. | Balances due from other Banks. | Notes and Bills discounted. | Landed Property. | Colonial Government Securities. | Legal-tender Notes of other Banks. | Debts due to Bank, exclusive of Debts included under other Heads. | 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. | |
| Bank of New Zealand | 3,499,833 1 9 | 9,356 0 0 | 208,440 14 6 | 378,478 3 7 | 203,497 13 5 | 868,429 0 0 | 48,565 16 2 | 17,513,579 5 2 | 505,857 1 0 |
| Bank of Australia, Limited | 1,049,683 0 0 | 344 0 0 | 93,301 0 0 | 22,267 0 0 | 30,000 0 0 | 48,194 0 0 | 74,986 0 0 | 5,273,483 0 0 | 67,538 0 0 |
| Union Bank of New South Wales | 1,243,216 13 10 | 3,614 16 1 | 114,970 9 1 | 95,884 4 8 | 141,311 13 1 | 109,498 18 4 | 28,964 6 11 | 4,824,337 12 3 | 146,167 3 4 |
| Bank of Australasia | 958,312 10 10 | 67,173 10 11 | .. | .. | 116,006 1 1 | 154,763 1 11 | 6,829 7 7 | 5,259,205 17 9 | 15,750 8 1 |
| National Bank of N.Z., Limited | 1,005,801 0 0 | 1,106 0 0 | 171,636 0 0 | .. | 26,890 0 0 | 879,302 0 0 | 6,769 0 0 | 7,614,412 0 0 | 28,908 0 0 |
| Commercial Bank of Australia, Limited | 126,983 0 0 | 37,050 0 0 | .. | .. | 77,400 0 0 | 6,100 0 0 | 82,945 0 0 | 926,438 0 0 | 2,443 0 0 |
| Totals | 7,883,829 6 5 | 19,420 16 1 | 577,994 15 0 | 496,629 8 3 | 837,597 7 7 | 1,415,272 8 2 | 5,139,083 10 4 | 249,059 10 8 | 41,411,455 15 2 |
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. | £ s. d. | ||
| Bank of New Zealand— | 529,988 0 0 | Interest for six months, paid 1st May, 1923 | .. | 10,599 0 0 |
| 4-per-cent. stock guaranteed by the Government of N.Z. | 500,000 0 0 | On preference “A” shares, ten per cent. per annum | .. | 50,000 0 0 |
| Preference “B” shares issued to the Crown under Bank of New Zealand Act, 1920 | 625,000 0 0 | On preference “B” shares, equal to ten per cent. per annum | .. | 62,500 0 0 |
| Preference “B” shares issued to the Crown under Bank of New Zealand Act, 1920 | .. | On ordinary shares, equal to thirteen and one-third per cent. per annum | .. | 2,246,957 0 0 |
| Ordinary shares | 2,250,000 0 0 | Fifteen per cent. per annum | .. | 300,000 0 0 |
| Union Bank of Australia, Limited | 3,000,000 0 0 | Ten per cent. per annum | .. | 225,000 0 0 |
| Bank of New South Wales | 6,000,000 0 0 | Ten per cent. per annum and bonus three per cent. per annum, equal to thirteen per cent. per annum | .. | 297,981 0 0 |
| Bank of Australasia | 4,000,000 0 0 | Twelve per cent. per annum for half-year and two per cent bonus | .. | 260,000 0 0 |
| National Bank of New Zealand, Limited— | 1,250,000 0 0 | Fifteen per cent. per annum for half-year | .. | 100,000 0 0 |
| Commercial Bank of Australia, Limited {Ordinary | 351,527 0 0 | Four per cent. per annum (preference only). | .. | 26,364 10 6 |
| Preference | 2,117,350 0 0 | .. | .. | 42,347 0 0 |
The Treasury, Wellington, 9th October, 1923.
J. J. ESSON Secretary to the Treasury.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1923, No 73
NZLII —
NZ Gazette 1923, No 73
✨ LLM interpretation of page content
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Commercial Bank of Australia Quarterly Financial Statement
(continued from previous page)
💰 Finance & Revenue9 October 1923
Banking, Financial Statement, Liabilities, Assets, Dividends
- J. J. Esson, Secretary to the Treasury