✨ Bank Financial Statements
STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 30TH JUNE, 1934.
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 .. | 3,754,031 0 0 | 75,900 0 0 | 78,737 0 0 | 1,017,584 0 0 | 10,468,557 0 0 | 19,943,499 0 0 | 210,148 0 0 | 35,548,456 0 0 |
| Union Bank of Australia, Ltd. | 533,778 0 0 | 79,856 0 0 | 280,232 0 0 | 41 0 0 | 2,748,498 0 0 | 4,703,683 0 0 | .. | 8,346,088 0 0 |
| Bank of New South Wales | 554,372 0 0 | 12,012 0 0 | 402,237 0 0 | .. | 2,531,293 0 0 | 4,529,092 0 0 | .. | 8,029,006 0 0 |
| Bank of Australasia .. | 382,196 4 7 | 11,140 10 3 | 33,461 10 9 | .. | 2,060,645 10 5 | 3,605,441 0 11 | .. | 6,092,884 16 11 |
| National Bank of New Zealand, Ltd. | 1,017,034 0 0 | 21,050 0 0 | 923 0 0 | .. | 4,062,584 0 0 | 7,229,799 0 0 | .. | 12,331,390 0 0 |
| Commercial Bank of Australia, Ltd. | 181,704 0 0 | 1,773 0 0 | 31,769 0 0 | 24 0 0 | 1,002,749 0 0 | 850,055 0 0 | .. | 2,068,074 0 0 |
| Totals .. | 6,423,115 4 7 | 201,731 10 3 | 827,359 10 9 | 1,017,649 0 0 | 22,874,326 10 5 | 40,861,569 0 11 | 210,148 0 0 | 72,415,898 16 11 |
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. | 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 N.Z. .. | 2,016,132 0 0 | 7,834 0 0 | 24,645 0 0 | 213,034 0 0 | 561,622 0 0 | 519,348 0 0 | 1,839,736 0 0 | 13,593,435 0 0 | 351,610 | 17,238,882 0 0 | 101,965 0 0 | 36,468,243 0 0 |
| Union Bank of Australia, Ltd. | 649,117 0 0 | .. | 3,116 0 0 | 66,578 0 0 | 576 0 0 | 30,000 0 0 | 11,064 0 0 | 787,456 0 0 | .. | 4,973,561 0 0 | 24,457 0 0 | 6,545,925 0 0 |
| Bank of N.S.W. | 829,843 0 0 | .. | 4,933 0 0 | .. | 64,345 0 0 | 199,950 0 0 | 5,438 0 0 | 2,472,252 0 0 | .. | 4,865,950 0 0 | 38,526 0 0 | 8,481,237 0 0 |
| Bank of Austl'sia | 742,242 7 0 | 72 12 3 | 1,218 5 6 | 39,268 5 11 | 37,000 0 0 | 29,497 0 0 | 28,988 12 4 | 1,452,768 4 7 | .. | 3,689,870 3 11 | 262 11 1 | 6,021,188 2 7 |
| National Bank of N.Z., Ltd. | 656,506 0 0 | 2,978 0 0 | 11,451 0 0 | 99,696 0 0 | 99,000 0 0 | 447,642 0 0 | 19,400 0 0 | 8,126,777 0 0 | .. | 7,334,736 0 0 | 194,919 0 0 | 16,993,105 0 0 |
| Commercial Bank of Aust., Ltd. | 140,474 0 0 | .. | 1,222 0 0 | 39,175 0 0 | 30,231 0 0 | 108,200 0 0 | 10,409 0 0 | 453,556 0 0 | .. | 1,326,094 0 0 | 999 0 0 | 2,110,360 0 0 |
| Totals .. | 5,034,314 7 0 | 10,884 12 3 | 46,585 5 6 | 457,751 5 11 | 792,774 0 0 | 1,334,637 0 0 | 1,915,035 12 4 | 26,886,244 4 7 | 351,610 | 39,429,093 3 11 | 361,128 11 1 | 76,620,058 2 7 |
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 on 1st May, 1934 .. .. .. | 10,599 0 0 | 3,918,608 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 N.Z. Government | 234,375 0 0 | Six per cent. per annum .. .. .. | 14,062 10 0 | .. |
| D long-term mortgage shares | 468,750 0 0 | Seven and one-half per cent. per annum .. .. .. | 35,156 5 0 | .. |
| Preference B shares issued to the N.Z. Government | 1,375,000 0 0 | Seven and three-elevenths per cent. per annum .. .. .. | 100,000 0 0 | .. |
| Ordinary shares .. | 3,750,000 0 0 | Ten per cent. per annum .. .. .. | 375,000 0 0 | .. |
| Union Bank of Australia, Ltd. | 4,000,000 0 0 | Four per cent. per annum .. .. .. | 80,000 0 0 | 4,850,000 0 0 |
| Bank of New South Wales | 8,780,000 0 0 | Five per cent. per annum .. .. .. | 439,000 0 0 | 6,150,000 0 0 |
| Bank of Australasia | 4,500,000 0 0 | Eight per cent. per annum .. .. .. | 180,000 0 0 | 2,650,165 16 4 |
| National Bank of New Zealand, Ltd. | 2,000,000 0 0 | Four per cent. per annum .. .. .. | 40,000 0 0 | 2,154,742 0 0 |
| Commercial Bank of Australia, Ltd. { Ordinary | 2,000,000 0 0 | Five per cent. per annum .. .. .. | 50,000 0 0 | 2,250,000 0 0 |
| Preference | 2,117,350 0 0 | Four per cent. per annum .. .. .. | 42,347 0 0 | .. |
The Treasury, Wellington, 11th July, 1934. A. D. PARK, Secretary to the Treasury.
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VUW Te Waharoa —
NZ Gazette 1934, No 53
NZLII —
NZ Gazette 1934, No 53
✨ LLM interpretation of page content
💰 Statement of Liabilities and Assets of Banks in New Zealand
💰 Finance & Revenue11 July 1934
Banking, Financial Statements, Liabilities, Assets, New Zealand
- A. D. Park, Secretary to the Treasury