✨ Bank Financial Statements
STATEMENT of the AVERAGE LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 30TH JUNE, 1929.
LIABILITIES
| Banks. | Notes in Circulation. | Bills in Circulation. | Balances due to other Banks. | Government. | Not bearing Interest. | Bearing Interest. | Transfers from Long-term Mortgage Department. | Total Liabilities. |
|---|---|---|---|---|---|---|---|---|
| Bank of New Zealand .. | £ s. d. 3,635,099 0 0 | £ s. d. 108,922 0 0 | £ s. d. 37,249 0 0 | £ s. d. 2,770,978 0 0 | £ s. d. 12,654,473 0 0 | £ s. d. 14,953,943 0 0 | £ s. d. 365 0 0 | £ s. d. 34,161,029 0 0 |
| Union Bank of Australia, Ltd. .. | 547,657 0 0 | 153,517 0 0 | 406,174 0 0 | 148 0 0 | 3,096,534 0 0 | 3,396,510 0 0 | .. | 7,600,540 0 0 |
| Bank of New South Wales .. | 542,724 2 3 | 16,140 2 11 | 305,343 12 8 | .. | 2,943,045 11 3 | 4,041,099 15 4 | .. | 7,848,353 4 5 |
| Bank of Australasia .. | 435,581 5 6 | 20,504 3 5 | 4,692 6 1 | .. | 2,613,245 15 7 | 2,762,467 15 6 | .. | 5,836,491 6 1 |
| National Bank of New Zealand, Ltd. | 1,147,721 0 0 | 15,755 0 0 | 14,769 0 0 | 23,077 0 0 | 4,489,440 0 0 | 4,435,733 0 0 | .. | 10,126,495 0 0 |
| Commercial Bank of Australia, Ltd. | 239,090 0 0 | 3,385 0 0 | 770 0 0 | 52 0 0 | 1,014,143 0 0 | 651,259 0 0 | .. | 1,908,699 0 0 |
| Totals .. | 6,547,872 7 9 | 318,223 6 4 | 768,997 18 9 | 2,794,255 0 0 | 26,810,881 6 10 | 30,241,012 10 10 | 365 0 0 | 67,481,607 10 6 |
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. | Balance due from other Banks. | Landed Property. | Notes and Bills discounted. | Government Securities. | Other Funded Securities. | Debts due to Bank, exclusive of Debts abandoned as Bad. | Securities not included under other Heads: | Transfers to Long-term Mortgage Department | Total Assets. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of N.Z. .. | £ s. d. 2,920,052 0 0 | £ s. d. 7,486 0 0 | £ s. d. 26,487 0 0 | £ s. d. 271,278 0 0 | £ s. d. 464,584 0 0 | £ s. d. 421,917 0 0 | £ s. d. 595,560 0 0 | £ s. d. 3,041,631 0 0 | £ s. d. 385,280 | £ s. d. 19,757,578 0 0 | £ s. d. 110,668 0 0 | £ 77,977 | £ s. d. 28,080,498 0 0 |
| Union B. of Aust., Ltd. | 951,758 0 0 | .. | 2,632 0 0 | 110,640 0 0 | 4,598 0 0 | 30,000 0 0 | 36,071 0 0 | .. | 5,638 | 5,471,437 0 0 | 64,833 0 0 | .. | 6,677,607 0 0 |
| Bank of N.S.W. | 1,236,369 11 7 | 47,056 15 3 | 8,454 4 7 | 676 8 1 | 104,176 15 6 | 181,942 1 6 | 93,889 5 11 | 683,730 0 0 | .. | 5,704,881 12 6 | 133,831 17 5 | .. | 8,195,008 12 4 |
| Bank of Aust. .. | 973,880 16 5 | .. | 3,941 19 7 | 85,906 12 1 | 49,000 0 0 | 20,117 4 6 | 114,900 13 6 | 154,763 1 11 | .. | 4,654,007 8 5 | 385 15 1 | .. | 6,056,903 11 6 |
| Nat. Bank of N.Z., Ltd. | 850,266 0 0 | 3,309 0 0 | 19,585 0 0 | 187,089 0 0 | 239,769 0 0 | 431,692 0 0 | 154,090 0 0 | 831,690 0 0 | .. | 9,199,309 0 0 | 426,562 0 0 | .. | 12,343,361 0 0 |
| Commercial Bank of Aust., Ltd. | 227,188 0 0 | .. | 7,881 0 0 | 60,335 0 0 | 46,846 0 0 | 87,477 0 0 | 43,916 0 0 | 69,725 0 0 | .. | 1,581,571 0 0 | 475 0 0 | .. | 2,125,414 0 0 |
| Totals .. | 7,159,514 8 0 | 57,851 15 3 | 68,981 4 2 | 715,925 0 2 | 908,973 15 6 | 1,173,145 6 0 | 1,038,426 19 5 | 4,781,539 1 11 | 390,918 | 46,368,784 0 11 | 736,755 12 6 | 77,977 | 63,478,792 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. |
|---|---|---|---|---|
| Bank of New Zealand— | £ s. d. | £ s. d. | £ s. d. | |
| 4-per-cent. stock guaranteed by the Government of N.Z. | 529,988 0 0 | Interest for six months was paid 1st May, 1929 | .. | .. |
| Preference A shares issued to the N.Z. Government .. | 500,000 0 0 | Ten per cent. per annum | .. | .. |
| C Long-term mortgage shares issued to the N.Z. Government .. | 234,375 0 0 | Six per cent. per annum .. | .. | .. |
| D Long-term mortgage shares .. | 468,750 0 0 | Seven and one-half per cent. per annum .. | .. | .. |
| Preference B shares issued to the N.Z. Government .. | 1,375,000 0 0 | Equal, with bonus, to thirteen and two-elevenths per cent. per annum.. | .. | .. |
| Ordinary shares .. | 3,750,000 0 0 | Equal, with bonus of one per cent., to fourteen and one-third per cent. per annum | .. | .. |
| Union Bank of Australia, Ltd. .. | 4,000,000 0 0 | Fifteen per cent. per annum | .. | .. |
| Bank of New South Wales .. | 7,500,000 0 0 | Ten per cent. per annum | .. | .. |
| Bank of Australasia .. | 4,500,000 0 0 | Fourteen per cent. per annum | .. | .. |
| National Bank of New Zealand, Ltd. .. | 2,000,000 0 0 | Twelve per cent. per annum for half year | .. | .. |
| Commercial Bank of Australia, Ltd. { Ordinary .. | 1,500,000 0 0 | Fifteen per cent. per annum | .. | .. |
| { Preference.. | 2,117,350 0 0 | Four per cent. per annum | .. | .. |
The Treasury, Wellington. 13th July, 1929. R. E. HAYES, Secretary to the Treasury.
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1929, No 51
NZLII —
NZ Gazette 1929, No 51
✨ LLM interpretation of page content
💰
Bank of New South Wales Liabilities and Assets Statement
(continued from previous page)
💰 Finance & Revenue13 July 1929
Bank of New South Wales, Financial Statement, Liabilities, Assets, Quarterly Report
- R. E. Hayes, Secretary to the Treasury