New Zealand Gazette – 1929 – No. 2

Page 165

✨ Banking Financial Statements

STATEMENT of the AVERAGE LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 31ST DECEMBER, 1928.

LIABILITIES.

BANKS.	Notes in Circulation.	Bills in Circulation.	Balances due to other Banks.	Deposits.			Transfers from Long-term Mortgage Department.	Total Liabilities.
	£ s. d.	£ s. d.	£ s. d.	Government.	Not bearing Interest.	Bearing Interest.	£ s. d.	£ s. d.
Bank of New Zealand	3,676,335 0 0	115,419 0 0	72,514 0 0	2,070,620 0 0	10,433,652 0 0	14,438,282 0 0	129,174 0 0	30,935,996 0 0
Union Bank of Australia, Limited	541,020 0 0	138,402 0 0	406,908 0 0	70 0 0	2,411,735 0 0	3,386,234 0 0	..	6,884,369 0 0
Bank of New South Wales	523,847 14 3	16,334 3 2	112,243 17 0	..	2,323,827 8 4	3,876,526 19 6	..	6,852,780 2 3
Bank of Australasia	430,608 10 0	23,562 14 2	..	..	2,135,957 10 3	2,705,485 10 11	..	5,295,614 5 4
National Bank of New Zealand, Limited	1,118,486 0 0	28,290 0 0	99,000 0 0	..	3,872,792 0 0	4,439,716 0 0	..	9,558,284 0 0
Commercial Bank of Australia, Limited	230,809 0 0	5,279 0 0	..	..	1,001,785 0 0	635,413 0 0	..	1,873,286 0 0
Totals	6,521,106 4 3	327,286 17 4	690,665 17 0	2,070,690 0 0	22,179,748 18 7	29,481,657 10 5	129,174 0 0	61,400,329 7 7

ASSETS.

BANKS.	Coined Gold and Silver and other Coined Metals.	Gold and Silver in 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.	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	2,910,729 0 0	9,018 0 0	27,901 0 0	258,531 0 0	413,898 0 0	427,022 0 0	761,444 0 0	3,039,517 0 0	339,841	20,049,140 0 0	194,531 0 0	28,431,572 0 0
Union B. of Aus., Ltd.	964,986 0 0	..	2,704 0 0	90,252 0 0	4,903 0 0	30,000 0 0	40,156 0 0	..	..	5,583,399 0 0	60,475 0 0	6,776,875 0 0
Bank of N.S.W.	1,232,278 7 10	43,212 14 3	12,302 8 7	1,630 8 11	90,323 8 8	180,907 19 4	93,693 13 8	683,730 0 0	..	6,024,564 17 6	160,543 3 5	8,523,187 2 2
Bank of Australasia..	972,293 0 2	..	4,539 2 7	65,252 19 6	7,428 11 5	17,594 9 4	140,614 7 4	154,763 1 11	..	5,061,845 0 5	852 6 3	6,425,182 18 11
Nat. Bank of N.Z., Ltd.	899,067 0 0	3,169 0 0	18,582 0 0	169,588 0 0	29,500 0 0	417,740 0 0	199,868 0 0	831,690 0 0	..	8,566,844 0 0	428,212 0 0	11,564,260 0 0
Commercial Bank of Australia, Limited	227,578 0 0	..	8,531 0 0	52,208 0 0	305,500 0 0	87,400 0 0	54,644 0 0	69,725 0 0	..	1,524,891 0 0	934 0 0	2,331,411 0 0
Totals	7,206,931 8 0	55,399 14 3	74,559 11 2	637,462 8 5	851,553 0 1	1,160,664 8 8	1,290,420 1 0	4,779,425 1 11	339,841	46,810,683 17 11	845,547 9 8	64,052,488 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
	£ 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 was paid 1st November, 1928	10,599 0 0
Preference A shares issued to the New Zealand Government	500,000 0 0	Ten per cent. per annum	50,000 0 0
C Long-term mortgage shares issued to the New Zealand Government	234,375 0 0	Six per cent. per annum	7,031 4 10	3,732,525 0 0
D Long-term mortgage shares	468,750 0 0	Seven and one-half per cent. per annum	17,562 17 2
Preference B shares issued to the New Zealand Government	1,375,000 0 0	Equal, with bonus, to thirteen and two-elevenths per cent. per annum	181,250 0 0
Ordinary shares	3,750,000 0 0	Equal, with bonus of one per cent., to fourteen and one-third per cent. per annum	537,500 0 0
Union Bank of Australia, Limited	4,000,000 0 0	Fifteen per cent. per annum	300,000 0 0	5,249,404 0 0
Bank of New South Wales	7,500,000 0 0	Ten per cent. per annum..	749,405 10 0	5,900,000 0 0
Bank of Australasia	4,500,000 0 0	Fourteen per cent. per annum	280,000 0 0	4,589,568 0 0
National Bank of New Zealand, Limited..	2,000,000 0 0	Twelve per cent. per annum and two per cent. bonus	160,000 0 0	2,335,572 0 0
Commercial Bank of Australia, Limited
{Ordinary	1,463,802 0 0	Fifteen per cent. per annum	97,656 5 0
Preference	2,117,350 0 0	Four per cent. per annum	42,347 0 0	1,690,485 12 4

The Treasury, Wellington, 14th January, 1929. R. E. HAYES, Secretary to the Treasury.

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💰 Statement of Average Liabilities and Assets of Banks in New Zealand

Domain💰 Finance & Revenue
Dated14 January 1929
KeywordsBanking, Financial Statements, Liabilities, Assets, New Zealand Banks
👩‍💼 Officials

R. E. Hayes, Secretary to the Treasury

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