1878
THE NEW ZEALAND GAZETTE.
[No. 51

Bank Statements.

STATEMENT of the average amount of Liabilities and Assets of the Bank of New Zealand, in New Zealand, during the Quarter ended 30th June, 1929.

LIABILITIES.

Notes in circulation .. .. .. 3,635,099 0 0
Bills in circulation .. .. .. 108,922 0 0
Balances due to other banks .. .. 37,249 0 0
Government deposits .. .. .. 2,770,978 0 0
Other deposits—
Not bearing interest .. .. .. 12,654,473 0 0
Bearing interest .. .. .. 14,953,943 0 0
Transfers from Long-term Mortgage Department .. .. .. 365 0 0

Total average liabilities ..£34,161,029 0 0

ASSETS.

Coined gold and silver, and other coined metals .. .. .. 2,920,052 0 0
Gold and silver in bullion or bars .. .. .. 7,486 0 0
Legal tender notes of other Banks .. .. .. 26,487 0 0
Notes and bills of other Banks .. .. .. 271,278 0 0
Balances due from other Banks .. .. .. 464,584 0 0
Landed property .. .. .. 421,917 0 0
Amount of all other securities—

1. Notes and bills discounted .. .. .. 595,560 0 0
2. Government securities (New Zealand or otherwise) .. .. .. 3,041,631 0 0
3. Other funded securities .. .. .. 385,280 0 0
4. Debts due to the Bank (exclusive of debts abandoned as bad) .. 19,757,578 0 0
5. Securities not included under the above heads .. .. .. 110,668 0 0
   Transfers to Long-term Mortgage Department .. .. .. 77,977 0 0

Total average assets .. ..£28,080,498 0 0

Amount of the capital stock paid up at the close of the quarter ended 30th June, 1929 :—

£ s. d.
4-per-cent. guaranteed stock .. .. 529,988 0 0
Preference A shares issued to the New Zealand Government .. .. 500,000 0 0
C Long-term Mortgage shares issued to the New Zealand Government .. 234,375 0 0
D Long-term Mortgage shares .. .. 468,750 0 0
Preference B shares issued to the New Zealand Government .. .. 1,375,000 0 0
Ordinary shares .. .. .. 3,750,000 0 0

Total .. .. .. £6,858,113 0 0

Rate of the last dividend declared to the shareholders on—
Preference A shares, 10 per cent. per annum.
C Long-term Mortgage shares, 6 per cent. per annum.
D Long-term Mortgage shares, 7½ per cent. per annum.
Preference B shares, equal with bonus to 13²⁄₁₁ per cent. per annum.
Ordinary shares, equal with bonus of 1 per cent. to 14½ per cent. per annum.

Amount of the last dividend declared on—
£ s. d.
Preference A shares .. .. 50,000 0 0
C Long-term Mortgage shares .. 13,183 11 10
D Long-term Mortgage shares .. 32,958 19 8
Preference B shares with bonus .. 181,250 0 0
Ordinary shares with bonus of 1 per cent. 537,500 0 0

Total .. .. .. £814,892 11 6

(On the guaranteed stock £10,599, interest for six months, was paid on 1st May, 1929.)

Amount of the reserved profits at the time of declaring such dividend, £4,042,591.

Dated at Wellington this 3rd day of July, 1929.

H. BUCKLETON, General Manager.
A. W. HALL, Accountant.

[NOTE.—The above are the figures for New Zealand only.]

BANK RETURN (SUPPLEMENTARY).

Statement of the average amount of liabilities and assets of the Long-term Mortgage Department of the Bank of New Zealand during the quarter ended 30th June, 1929.

Liabilities.

£ s. d.
Capital .. .. .. 703,125 0 0
Transfers from Bank .. .. .. 77,977 0 0

£781,102 0 0

Assets.

£ s. d.
Loans .. .. .. 780,737 0 0
Transfers to Bank .. .. .. 365 0 0

£781,102 0 0

Dated at Wellington, this 3rd day of July, 1929.

H. BUCKLETON, General Manager.
A. W. HALL, Accountant.

STATEMENT of the average amount of Liabilities and Assets of the Bank of Australasia, in New Zealand, during the Quarter ended 30th June, 1929.

LIABILITIES.

£ s. d.
Notes in circulation .. .. .. 435,581 5 6
Bills in circulation .. .. .. 20,504 3 5
Balances due to other Banks .. .. 4,692 6 1
Other deposits—
Not bearing interest .. .. .. 2,613,245 15 7
Bearing interest .. .. .. 2,762,467 15 6

Total average liabilities .. £5,836,491 6 1

ASSETS.

Coined gold and silver, and other coined metals .. .. .. 973,880 16 5
Legal tender notes of other Banks .. .. .. 3,941 19 7
Notes and bills of other Banks .. .. .. 85,906 12 1
Balances due from other Banks .. .. .. 49,000 0 0
Landed property .. .. .. 20,117 4 6
Amount of all other securities—

1. Notes and bills discounted .. .. .. 114,900 13 6
2. Colonial Government Securities .. .. .. 154,763 1 11
3. Other funded securities .. .. ..
4. Debts due to the Bank (exclusive of debts abandoned as bad) .. 4,654,007 8 5
5. Securities not included under the above heads .. .. .. 385 15 1

Total average assets .. .. £6,056,903 11 6

Amount of the capital stock paid up at this date, £4,500,000.
Rate of the last dividend declared to the shareholders, 14 per cent. per annum.
Amount of the last dividend declared, £315,000.
Amount of the reserved profits at the time of declaring such dividend, £4,589,760.

Dated at Wellington, this 4th day of July, 1929.

N. R. GODDARD, Inspector.
J. HARLAND, Accountant.