✨ Bank Financial Statements
2480
THE NEW ZEALAND GAZETTE.
[No. 66
STATEMENT of the Liabilities and Assets of the undermentioned Banks in the Dominion of New Zealand for the Quarter ended 30th September, 1924.
LIABILITIES.
| Banks. | Notes in Circulation. | Bills in Circulation. | Balances due to other Banks. | Deposits. | Total Liabilities. |
|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | |
| Not bearing Interest. | Bearing Interest. | ||||
| Bank of New Zealand | 3,964,329 16 2 | .. | 822,062 1 2 | 11,857,625 12 0 | 10,299,498 17 9 |
| Union Bank of Australia, Limited | .. | 96,814 19 9 | 15,636 0 0 | 2,945,717 0 0 | 2,242,849 0 0 |
| Bank of New South Wales | .. | 123,872 0 0 | 14,965 13 8 | 2,766,326 16 5 | 2,690,322 2 0 |
| Bank of Australasia | .. | 463,518 15 5 | 29,335 12 4 | 2,560,097 8 0 | 1,555,121 8 2 |
| National Bank of New Zealand, Limited | .. | 352,314 9 3 | 26,183 0 0 | 4,252,692 0 0 | 2,876,537 0 0 |
| Commercial Bank of Australia, Limited | .. | 893,496 0 0 | 2,868 0 0 | 838,180 0 0 | 244,058 0 0 |
| Totals | 6,356,499 0 10 | 288,039 5 9 | 849,120 0 10 | 2,731,774 4 9 | 19,901,336 7 11 |
ASSETS.
| Banks. | Coin 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. | Legal-tender Notes of other Banks. | 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. | |
| Bank of New Zealand | 3,460,092 18 3 | 3,762 1 | 16,304 19 | 1,219,477 14 11 | 822,276 17 | 73,379,336 10 11 | 34,257 11 | 618,485,129 18 3 | 668,801 5 | 497,295,490 10 8 |
| Union Bank of Australia, Limited | 1,059,816 0 0 | 466 0 | 268,515 0 0 | 30,000 0 0 | 53,139 0 0 | 0 | 27,835 0 0 | 5,210,704 0 0 | 66,605 0 0 | 6,801,818 0 0 |
| Bank of New South Wales | 1,227,907 5 4 | 329 13 1 | 144,764 13 | 3150,322 14 9 | 160,662 4 3 | 0 | 32,165 13 1 | 5,005,229 13 4 | 140,968 15 6 | 7,589,479 16 11 |
| Bank of Australasia | 958,810 5 8 | .. | 70,891 4 2 | 51,473 2 7 | 110,933 11 3 | 154,763 1 11 | 65,891 1 11 | 4,923,948 19 10 | 7,430 10 6 | 6,377,148 16 3 |
| National Bank of N.Z., Limited | 964,953 0 0 | 1,356 0 | 33,076 18 | 0 | 214,606 0 0 | 871,410 0 0 | 1,000 0 0 | 7,810,280 0 0 | 34,069 0 0 | 10,705,250 0 0 |
| Commercial Bank of Australia, Limited | 131,305 0 0 | .. | 397,231 0 0 | 84,100 0 0 | 41,879 0 0 | 6,100 0 0 | 91,176 0 0 | 1,084,291 0 0 | 1,416 0 0 | 1,489,514 0 0 |
| Totals | 7,802,884 9 3 | 16,219 15 10 | 596,351 10 11 | 859,892 10 9 | 1,403,496 13 1 | 15,128,103 2 6 | 252,325 6 | 642,519,583 11 5 | 919,290 11 | 460,258,641 3 10 |
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— | ||||
| 4-per cent. stock guaranteed by the Government of N.Z. | 529,988 0 0 | Interest for six months, paid 1st May, 1924 | 10,599 0 0 | .. |
| Preference “A” shares issued to the Crown under Bank of New Zealand Act, 1920 | 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 | 1,000,000 0 0 | On preference “B” shares, equal to over ten per cent. per annum | 87,436 0 0 | 2,831,513 0 0 |
| Ordinary shares | 3,000,000 0 0 | On ordinary shares, equal to thirteen and one-third per cent. per annum | 349,871 0 0 | .. |
| Union Bank of Australia, Limited | 3,000,000 0 0 | Fifteen per cent. per annum | 225,000 0 0 | 3,765,003 0 0 |
| Bank of New South Wales | 6,000,000 0 0 | Ten per cent. per annum | 300,000 0 0 | 4,050,000 0 0 |
| Bank of Australasia | 4,000,000 0 0 | Ten per cent. per annum and bonus three per cent. per annum, equal to thirteen per cent. per annum | 260,000 0 0 | 3,745,427 0 0 |
| National Bank of New Zealand, Limited | 1,500,000 0 0 | Twelve per cent. per annum for half-year and 2 per cent. bonus | 100,000 0 0 | 1,554,502 0 0 |
| Commercial Bank of Australia, Limited | 547,495 10 0 | Fifteen per cent. per annum | 31,367 5 5 | .. |
| (Ordinary Preference | 2,117,350 0 0 | Four per cent. per annum (preference only) | 42,347 0 0 | 414,953 12 5 |
The Treasury, Wellington, 11th October, 1924.
J. J. ESSON, Secretary to the Treasury.
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VUW Te Waharoa —
NZ Gazette 1924, No 66
NZLII —
NZ Gazette 1924, No 66
✨ LLM interpretation of page content
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Commercial Bank of Australia Quarterly Financial Statement
(continued from previous page)
💰 Finance & Revenue11 October 1924
Financial Statement, Liabilities, Assets, Dividends, Commercial Bank of Australia
- J. J. Esson, Secretary to the Treasury