✨ 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 SEPTEMBER, 1929.
LIABILITIES.
| Banks. | Notes in Circulation. | Bills in Circulation. | Balances due to other Banks. | Government. | Deposits. | Transfers from Long-term Mortgage Department. | Total Liabilities. | ||
|---|---|---|---|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | £ s. d. | Not bearing Interest. | Bearing Interest. | £ s. d. | £ s. d. | ||
| Bank of New Zealand | 3,522,494 0 0 | 134,973 0 0 | 25,275 0 0 | 2,538,148 0 0 | 11,284,524 0 0 | 15,224,528 0 0 | .. | 32,729,942 0 0 | |
| Union Bank of Australia, Ltd. | 510,778 0 0 | 101,127 0 0 | 290,480 0 0 | 234 0 0 | 2,642,046 0 0 | 3,286,103 0 0 | .. | 6,830,768 0 0 | |
| Bank of New South Wales | 510,407 12 10 | 19,389 16 6 | 419,276 14 11 | .. | 2,598,544 5 2 | 4,072,196 0 7 | .. | 7,619,814 10 0 | |
| Bank of Australasia | 404,671 7 11 | 25,030 3 1 | 98,500 0 0 | .. | 2,313,766 18 2 | 2,822,955 6 0 | .. | 5,664,923 15 2 | |
| National Bank of New Zealand, Ltd. | 1,089,343 0 0 | 17,489 0 0 | .. | 260,714 0 0 | 4,121,387 0 0 | 4,518,422 0 0 | .. | 10,007,355 0 0 | |
| Commercial Bank of Australia, Ltd. | 234,660 0 0 | 1,882 0 0 | .. | 44 0 0 | 1,008,027 0 0 | 676,127 0 0 | .. | 1,920,740 0 0 | |
| Totals | 6,272,354 0 9 | 299,890 19 7 | 833,531 14 11 | 2,799,140 0 0 | 23,968,295 3 4 | 30,600,331 6 7 | .. | 64,773,543 5 2 |
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. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | £ s. d. | |
| Bank of N.Z. | 2,803,317 0 0 | 10,860 0 0 | 25,666 0 0 | 284,697 0 0 | 347,038 0 0 | 428,744 0 0 | 601,457 0 0 | 3,045,873 0 0 | 400,617 | 20,738,919 0 0 | 119,407 0 0 | 189,125 | 28,995,720 0 0 |
| Union B. of Aust., Ltd. | 949,956 0 0 | .. | 3,133 0 0 | 106,288 0 0 | 5,026 0 0 | 30,000 0 0 | 41,756 0 0 | .. | 2,657 | 5,762,166 0 0 | 73,486 0 0 | .. | 6,974,468 0 0 |
| Bank of N.S.W. | 1,236,241 0 6 | 47,944 18 6 | 8,556 15 0 | 1,010 1 5 | 101,771 9 11 | 185,221 3 11 | 70,932 4 3 | 683,730 0 0 | .. | 5,903,410 16 2 | 125,552 19 6 | .. | 8,364,371 9 2 |
| Bank of Aust. | 974,895 0 0 | .. | 3,192 7 3 | 90,344 5 2 | 6,642 17 1 | 22,284 17 10 | 91,051 9 9 | 153,316 4 3 | .. | 4,975,432 3 0 | 361 15 4 | .. | 6,317,520 19 8 |
| Nat. Bank of N.Z., Ltd. | 853,814 0 0 | 8,230 0 0 | 16,664 0 0 | 202,663 0 0 | 458,357 0 0 | 438,194 0 0 | 149,126 0 0 | 1,031,690 0 0 | .. | 9,519,940 0 0 | 432,141 0 0 | .. | 13,110,819 0 0 |
| Commercial Bank of Aust., Ltd. | 224,615 0 0 | .. | 6,939 0 0 | 71,334 0 0 | 71,929 0 0 | 87,900 0 0 | 40,065 0 0 | 69,725 0 0 | .. | 1,643,736 0 0 | 469 0 0 | .. | 2,216,712 0 0 |
| Totals | 7,042,838 0 6 | 67,034 18 6 | 64,151 2 3 | 756,336 6 7 | 990,764 7 0 | 1,192,344 1 9 | 994,387 14 0 | 4,984,334 4 3 | 403,274 | 48,543,603 19 2 | 751,417 14 10 | 189,125 | 65,979,611 8 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. |
|---|---|---|---|---|
| £ 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 May, 1929 | 10,599 0 0 | |
| Preference A shares issued to the N.Z. Government | 500,000 0 0 | Ten per cent. per annum | 50,000 0 0 | |
| C Long-term mortgage shares issued to the N.Z. Government | 234,375 0 0 | Six per cent. per annum | 13,183 11 10 | |
| D Long-term mortgage shares | 468,750 0 0 | Seven and one-half per cent. per annum | 32,958 19 8 | |
| 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 | 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 | 4,042,591 0 0 |
| Union Bank of Australia, Ltd. | 4,000,000 0 0 | Fifteen per cent. per annum | 300,000 0 0 | 5,236,336 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 | 315,000 0 0 | 4,589,760 0 3 |
| National Bank of New Zealand, Ltd. | 2,000,000 0 0 | Twelve per cent. per annum, and two per cent. bonus | 160,000 0 0 | 2,326,154 0 0 |
| Commercial Bank of Australia, Ltd. | ||||
| Ordinary | 1,686,250 5 0 | Fifteen per cent. per annum | 116,406 5 0 | .. |
| Preference | 2,117,350 0 0 | Four per cent. per annum | 42,347 0 0 | 1,900,000 0 0 |
The Treasury, Wellington, 16th October, 1929. R. E. HAYES, Secretary to the Treasury.
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VUW Te Waharoa —
NZ Gazette 1929, No 71
NZLII —
NZ Gazette 1929, No 71
✨ LLM interpretation of page content
💰
Bank Statements for the Quarter Ended September 30, 1929
(continued from previous page)
💰 Finance & Revenue16 October 1929
Bank statements, Financial reports, Quarter-end, Liabilities, Assets, Capital, Profits
- R. E. Hayes, Secretary to the Treasury