New Zealand Gazette – 1929 – No. 28

Page 1064

✨ 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 MARCH, 1929.

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. £ s. d.	Not bearing Interest. £ s. d.	Bearing Interest. £ s. d.	£ s. d.	£ s. d.
Bank of New Zealand .. ..	3,516,400 0 0	140,251 0 0	107,488 0 0	2,864,075 0 0	12,272,662 0 0	14,622,324 0 0	44,040 0 0	33,567,240 0 0
Union Bank of Australia, Limited ..	544,445 0 0	168,051 0 0	449,070 0 0	268 0 0	2,919,214 0 0	3,450,484 0 0	..	7,531,532 0 0
Bank of New South Wales .. ..	530,820 14 2	23,365 5 5	200,488 4 3	..	2,766,997 15 4	3,922,462 5 7	..	7,444,134 4 9
Bank of Australasia .. ..	436,872 18 4	22,217 16 2	..	..	2,547,416 18 1	2,610,863 4 4	..	5,617,370 16 11
National Bank of New Zealand, Limited	1,109,575 0 0	20,773 0 0	295,666 0 0	..	4,271,455 0 0	4,345,035 0 0	..	10,042,504 0 0
Commercial Bank of Australia, Limited	292,780 0 0	3,637 0 0	..	96 0 0	958,997 0 0	657,584 0 0	..	1,853,094 0 0
Totals .. ..	6,370,893 12 6	378,295 1 7	1,052,712 4 3	2,864,439 0 0	25,736,742 13 5	29,608,752 9 11	44,040 0 0	66,055,875 1 8

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	2,941,108 0 0	10,543 0 0	28,892 0 0	320,953 0 0	702,349 0 0	425,320 0 0	671,450 0 0	3,039,470 0 0	374,889	19,240,355 0 0	101,347 0 0	27,856,676 0 0
Union B. of Aus., Ltd.	958,632 0 0	..	2,970 0 0	126,567 0 0	5,659 0 0	30,000 0 0	32,443 0 0	..	..	5,376,078 0 0	57,761 0 0	6,590,110 0 0
Bank of N.S.W. ..	1,235,089 4 0	45,863 6 2	11,132 13 4	1,825 7 11	120,366 16 2	178,555 11 11	130,690 14 10	683,730 0 0	..	5,788,360 10 7	156,370 2 6	8,351,984 7 5
Bank of Australasia..	975,659 7 10	..	8,030 1 6	98,655 2 1	86,916 13 4	19,821 0 11	142,900 13 7	154,763 1 11	..	4,737,439 2 2	450 17 3	6,224,636 0 7
Nat. Bank of N.Z., Ltd.	861,906 0 0	4,527 0 0	19,691 0 0	200,511 0 0	..	428,326 0 0	156,407 0 0	831,690 0 0	..	8,516,319 0 0	395,344 0 0	11,414,721 0 0
Commercial Bank of Australia, Limited	230,034 0 0	..	7,470 0 0	62,952 0 0	186,583 0 0	87,400 0 0	50,548 0 0	69,725 0 0	..	1,516,753 0 0	1,111 0 0	2,212,576 0 0
Totals .. ..	7,202,428 11 10	60,933 6 2	78,185 14 10	811,463 10 0	1,101,874 9 6	1,169,422 12 10	1,184,439 8 5	4,779,378 1 11	374,889	45,175,304 12 9	712,383 19 9	62,650,703 8 0

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	5,249,404 0 0
Union Bank of Australia, Limited .. ..	4,000,000 0 0	Fifteen per cent. per annum	300,000 0 0	5,900,000 0 0
Bank of New South Wales .. .. ..	7,500,000 0 0	Ten per cent. per annum..	749,405 10 0	4,589,760 0 0
Bank of Australasia .. .. .. ..	4,500,000 0 0	Fourteen per cent. per annum	315,000 0 0	2,335,572 0 0
National Bank of New Zealand, Limited..	2,000,000 0 0	Twelve per cent. per annum	120,000 0 0	1,663,961 17 6
Commercial Bank of Australia, Limited{ Ordinary	1,500,000 0 0	Fifteen per cent. per annum	107,031 5 0
Preference ..	2,117,350 0 0	Four per cent. per annum	42,347 0 0

The Treasury, Wellington, 23rd April, 1929. R. E. HAYES, Secretary to the Treasury.

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✨ LLM interpretation of page content

💰 Average Liabilities and Assets of Banks for Quarter Ended 31st March 1929

Domain💰 Finance & Revenue
Dated23 April 1929
KeywordsBanking, Liabilities, Assets, Financial Statement, Quarterly Report
👩‍💼 Officials

R. E. Hayes, Secretary to the Treasury

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