New Zealand Gazette – 1925 – No. 2

Page 129

✨ Bank Financial Statements

STAE'MENT of the LIAIBILITIES and ASETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTEr ended 31st DECEMBER, 1924.

LIABILITIES.

BANKS.	Notes in Circulation.	Bills in Circulation.	Balances due To other Banks.	Deposits.	Total Liabilities.
			Government.	Not bearing Interest.	Bearing Interest
Bank of New Zealand ..	4,313,614 2 4	106,381 9 2	1,682,694 11 4	2,179,514 0 2	11,643,346 2 11
Union Bank of Australia, Limited	629,186 0 0	145,430 0 0	15,557 0 0	.	3,002,791 0 0
Bank of New South Wales ..	437,281 14 7	24,470 7 3	11,115 4 4	.	2,675,805 19 8
Bank of Australasia ..	395,268 0 9	23,359 10 8	.	.	2,447,328 16 5
National Bank of New Zealand, Limited	890,362 0 0	24,043 0 0	.	.	4,142,991 0 0
Commercial Bank of Australia, Limited ..	83,883 0 0	5,421 0 0	.	.	864,625 0 0
Totals ..	6,749,594 17 8	329,105 7 1	1,709,366 15 8	2,179,514 0 2	24,776,887 19 0

ASSETS.

BANKS.	Coined Gold and Silver and other Coined Metals.	Gold and Silver Bullion or Bars.	Legal-tender Notes of other Banks.	Notes and Bills of other Banks.	Balances due from other Banks.	Landed Property.	Notes and Bills discounted.	Colonial Government Securities.	Debts due to Bank, exclusive of Debts abandoned as bad.	Securities uot included under other Heads.	Total Assets.
Bank of New Zealand ..	3,416,555 8 4	5,942 0 5	36,696 8 5	241,973 18 7	24,101 6 2	221,578 2 10	1,063,793 12 8	3,379,237 15 7	19,345,954 16 5	676,056 2 8	28,411,889 12 1
Union Bank of Australia, Limited	1,041,390 0 0	478 0 0	13,081 0 0	110,521 0 0	811,421 0 0	30,000 0 0	56,620 0 0	.	5,534,058 0 0	85,754 0 0	7,683,323 0 0
Bank of New South Wales ..	1,214,304 11 3	10,280 16 8	43,893 3 10	785 19 7	440,593 15 10	165,661 9 2	172,389 15 9	716,493 9 8	5,199,312 16 0	153,385 11 5	8,117,101 9 2
Bank of Australasia ..	958,070 5 11	.	40,902 5 1	81,610 1 8	.	32,154 9 5	156,367 16 8	154,763 1 11	5,149,025 0 10	4,892 18 4	6,577,785 19 10
National Bank of N.Z., Limited	941,176 0 0	1,388 0 0	.	228,682 0 0	467,386 0 0	237,973 0 0	221,690 0 0	830,987 0 0	7,915,799 0 0	102,766 0 0	10,947,847 0 0
Commercial Bank of Australia, Limited	132,886 0 0	.	143,958 0 0	48,856 0 0	.	84,619 0 0	38,035 0 0	6,100 0 0	1,083,407 0 0	1,191 0 0	1,539,052 0 0
Totals ..	7,704,382 5 6	18,088 17 1	278,530 17 4	712,428 19 10	1,743,502 2 0	771,986 1 5	1,708,896 5 1	5,087,581 7 2	44,227,556 13 3	1,024,045 12 5	63,276,999 1 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—
4-per-cent. stock guaranteed by the Government of N.Z. ... | 529,988 0 0 | Interest for six months, paid lst November, 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 | 4,150,000 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 {Ordinary .. | 580,198 12 6 | Fifteen per cent. per annum | 31,367 5 5 |
Preference | 2,117,350 0 0 | Four per cent. per annum (preference only) | 42,347 0 0 | 414,953 12 5

The Treasury, Wellington, 13th January, 1925.

R. E. HAYES, Acting Secretary to the Treasury.

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