Page 12 Advertisements Column 1

Evening Post, Volume CXI, Issue 114, 16 May 1931, Page 12

W HE BAH OP AUSTRALASIA (Incorporated by Royal Charter, 1835). p a i(j. U p Capital £4,500,000 Reserve Fund (used in the business of the Bank) .... 4,475,000 Reserve Liability of Proprietors under the Charter .... 4,500,000 , : ' , .■■■.-;' £13,475,000 ■ttfmETV-SEVENTH ANNUAL REPORT OF THE DIRECTORS OF THE BANK OF ■ ~ • . ". . . AUSTRALASIA, WITH THE ACCOUNTS FOR THE YEAR TO 13th OCTOBER, 1030, PRESENTED TO •^^^^^^^^^^.M^lS^ I ' ' ' ■ ■ ■ " ' . ' | ' REPORT. • The Directors submit to the Proprietors the Balance-sheet as at 13th October last, with the Profit Account for the year to that date. After providing for rebate on bills current, for British, Australian, and New Zealand rates and taxes, and making provision for bad and doubtful debts and other contingencies, the net profit, for the year amounted to £615,083 19s lid. • > ■■ '■<-: :! :. . , To this has: to be added £161,943 7s 5d brought forward 'from the previous year s account, making a total of £777,027 7s 4d; From this, £315,000 was paid as an Interim Dividend on 3rd October last, and the Directors Have now appropriated a further sum of £270,000.t0 pay a final Dividend of 6s per Share, making in all £585,000, equal to LJs her. Share, and representing for the.-year a distribution atAthe rate of 13 per cent., See of Income Tax. There will remain £192,027 7s 4d to be earned forward to the- ? The C<pividend will be payable in London, Australia/ and New Zealand on 27th "The Directors retiring by rotation are:—Mr. Charles Gipps Hamilton', Mr. Arthur. Whitworth, and Mr. John Francis Grey Gilliat^ who, being eligible,, offer .themselves The Auditors, Messrs. Deloitte, Plender, Griffiths,: and Co., offer themselves for v ***lectlon' , ■■■■■■ J, F. G. GILLIAT, Chairman; ,: 4, Threadneedle street, London, 16th March, 1931. '••.;,. ~ ■ v: ; ' PROFIT ACCOUNT FROM loth OCTOBER, 1929, to\l3th OCTOBER, 1930. ' • ■• ' ■ . . £ b. A. £ ; ,::g.;';'d.;- ■>•'.£>''. a. d. ■;:■';£ ■.■■':«-'■£ Balance brought forward from ~. ..•;■:.-■.;: .'., :■ ■■ .;', • _ i .'-Vi -_ ■■■■* ' October,- 1929 .;. •> VvN;., :^ : / .161,943 ;■ 7 5 profit for the year to 13th Oc- ■ , V 1 •;:.'• - ■:■■■ '; '■ '; tober, 1930,. after deducting . • -...'■.■ .•.. ;:; ■:.. , ' ;. ,•■.. Rebate on Bills Current at : • ' ; ; ; . *. :. ,! , , ' , Balance date (£17,726/7/9), ' . ■ ".: '■ -. : r ••'. A-: ■ ': ./■■ ■ ' : [■':■■'■'■:. and making provision for . ;,: :l ':■-,*.: V : ' . : ' ' .-. all bad and doubtful debts ;. ;- : |V«i «« "i • l '■- and for other contingencies ■ .-.■■.. U,t»-,e/o **..,. ■ -Less: ■ ■■..■• "• ■-; • .■.,;•; ,;/.:>,' :. ■ ■ /i ,'... ■"', ■-. ■ '.'.'■'■', ,JL Charges of Management— *.. ;. " •'"." ;'■■.' j "!; ;■■■', ■-■■' ,^ Australasia — . . -\ ' ' . ■'■;' -,- .''''■ ' . ■■'■"* .■/'■■:. *-i I Salaries and allowances to , . ' ~.:'. :'■":•;• . -./;.■ \ .•:-. .. ,'■' the; staff, including the" • ' . : .'V1. ■' ■. ■. '■. .y \ .. ■■ ■ :. :' ■ ' ■'■.'■^■■.: Superintendent's De- v>. ■•-'./ ■, ■',-'■'- partmerit, and ' 238 . ' ,' . ; -..' '■V-; ; '•■'■■ ■■• -. '■'■■■■-. '<:: ~-'. '.'.'■ "-'.\"' Branches and Agencies 518,383 12 0, * ■. .: ■: >; : '' General Expenses, mclud- • ■ ,' .' . ..-..'. • . : •; ': \ ing rent, repairs, sta-. • . ; ■-.' . . ■ : _ tionery, travelling, etc. . " 110^699 17; s'. - ~ ' . . > London—Salaries. ■• .34,434, 89: ~;.-. -. ■ V , General Expenses ...... . . . 10,679 17 -.9-.....;•:■■.; '.\ ■■■■: ■..■:;■; . • ■ ' . 674,197 15 11 '•'" • : : ■■■•;■ ■' 'V- . :•';'''.'■■ 21. Rates and Taxes— ; ' . . , ' , , Australasia 217,635 910 ... . . : ;' 'London ..154,758 18 8 ■ .. ■, ~;. ; , : ,; ■■ ' -; . — ■ 372,394 8 4" • , ''■ ''■'■:.-'■', .'-i-u .-"/ •■■ . , . « :— ■ -1,046,592 4 3 , !' i" - • ; ' . . ■ i ".-''■',.'■' ■ ' ' " ■ ' .'- '■'':' '' . ■ ' Total amount of net pro r ' ' ;. / ."■ . ' ; ; : ■■'- :. .' ; fit for the year to 13tK ; , ":/- ; ■' •'>.'.' ;• -.' " : October, 1930, .;......, ;v',;.,.. 615,083 19 11 '".-'■'■ - ' '.:.' .-: ■■'"'■ .:■< ■' ';'-.:--:'- :'' ■'. •■' ; 777,027 .7 4 "": From which deduct:! / :■■■■ '■..-;•'• '■•'> y': ' :. ' " -:: . . ; ■ Dividend paid 3rd Octo- ■ : : ;-;!: ■: •/; -.V- - - : . ' . ■.'.'■. ■'.■" ber, 1930 ~ , ' : .' \ '..,;■. ,315,000 orO;>■ ■' ; ■ !' . . ;'■ Transferred to Dividend • , '' . ' ■■; ■ v,"';-1; Vv ".'■ . ■'■'..-■"' ; . ;: Account; payable 27th. 'i■'',-.':' ■'■.'• ■■<.■.'. : March, 1931 ....... . : ;, ;:,■ ' 270,000 00 ...;.■ '■::'.: ' ' ■■ .■■.'' . .... '.; v : ;;;..:■;— ——— sss.ooo o o : : . ' Balance .carried forward per Balance-siueet, ~;,........... £192,027^7 A BALANCE-SHEET, 13th OCTOBER, 1930. \; [ ; '," : LIABILITIES. ." .. \.' '~■";■:>, ASSETS^ ■■: ' < ".. '■'■''. ''■■■.: £ sd. '.■.■S-:-;i-;-'>;'■:■.::■".. :■"■ : ■■■ ■' £: . s.d.' Circulation .....' 401,137 0 0 Specie,:; U. bullion, Govern-' ,; . ■;. •: '. Deposits at Interest .. 24,073,790 6 8 • ment .notes,,,: and .■ cash •' . ;. :v .■■• Current Accounts 10,158,793 IS 3 . balances ~/:..;:....:.:..,. 6,111,127 ,2 .7 Bills payable, drafts- in ■ • ■■ Loans at call and at short ' , ' transit, and other liabili- . notice: V.;.Vr... .::;',>■.:.■: ; 495,000 0 0 . ties, including provision British Government secu- : ,' : ; for contingencies ~.....: '3,795,375 17 9 rities >,■...:..;:,...;..;..;;.. 2,169,392 11 , 9 'Acceptances for customers ■■ , > GovernmentI. .securities, of "" as per contra .."....:.,. 170,261 14 1 Australasia and .. other .■-... ._ ■■■• , .■..-■' investments 2,726,990 11 9 \ •' ■■-■.' 38,599,358 16 9 Bills receivable and remit-: .' . . Capital .. £4,500,000 0 0 ■ ■ tances in transit........ 2,576,109.11 2 ■Vpcprve " ' ' ' Advances on securities, [ •fu nd [ . •-..'• ;■'■.". and other assets 33,387,247 13 10 "(used ■ • ■■'•'■ ■■"'.' Liability of Customers for ■ in the" '~ ' . . .;■ acceptances.as per contra; 170,26114 1 business ', ■ ■ ■ : Bank premises and sites in ■.-..■ .. ■; o f the ■'■.'■'■'' ■ Australia, N.Z., and Lon- ;- Bank) 4,475,000 0 0 ■ don, at cost; >less: amounts . Dividend'pay- ,:. ■ ■ -■. written off. i..'...... 400,2561811 able 27th : Note.—At the Exchange March, 1931' 270,000 ; 0 0. v ; rates current at 13th Octo- , Profit ac- ber, 1930, the capital em- . count bal- ployed in Australia and 1 ance ..... 192,027 7,4 • . New. Zealand shows a de- , . i .'' 4- — 9,437,027 7 .4. preciation which is provid- ;■'. .:j Ed for by an Exchange Sus- ■ ■'■ . '. ' pense Account included in '.•'•■■ the provision for Contin- .... . . " ; '■■. ':, gencies.' ' ' '■' - ' ! ■ £48,036,386 4 1. . £48,036,386 4 1 A. H, BULLOCK, Accountant. ' _ E.GOD WARD, Manager. We have examined :thie cash and securities in London, and the London books, and have verified the transfers from1 the several.branches in the Commonwealth and New Zealand, and we beg to report that, in "our opinion; the foregoing is a fulland fair balance sheet of the Bank, and that.it exhibits a true and correct view of the state ' of the bank's affairs as shown by the books. The investments were valued at market" price or under. ■ DELOITTE, PLENDER, GRIFFITHS, &.CO., Auditors. London,ilth March, 1931. • ;■'. .: . . . '; ' IMPORTANT TO ADTER.TiSEE.3. ' )" j ■ ; ■■ "THE EVENING POST." ; ' - /:;'.■,. :\ -■ .:i \k DVERTISERS are asked tohave their WILLS OF 73,000 !' .". '■- . *£__ Notices in this Office as early as pos- ifJVv^A';;;;''^:-';.'.:"''.;' Bible each morning, and it is particularly r tTrT\fv-i:".TjT7iTbQr\\TC< '■■:' . requested . that Advertisements for' the L/l VlINU'r J_-KoUi,No .-~ . SATURDAY'S Paper be handed in the ; ,■■■■'■ ;■.;■■:•!::•;:;-;:,i;;v ■': ;1; .■'.:,-,: ' previous day whenever .possible. The.in- ....::.'■..:■.,■' ■:£• : v...-.■:•.■;"."■'.•■■'■ ... ' sertion of those arriving later than 10.30 ■ :.:'.< ;.-/.;,:: ';' V. •'~ . a.m. on Saturday cannot be guaranteed have appointed the Pub- ■■ that day. ■• • ■■-■■■^ ■.. ■. ■ ':. ■' .' ' 'r r-;' '" ; ;": :; ■■ '■■.- '." ' ■ .-':■•■ .'■ ' " NOTE.-Applicants for Situations .adver- ,\. he I™**;* act as their- extised as-Vacant are advised not to send. ■■- .. _ Heidi free of charae in original refer.ences-copies onl.-., should be ecutor «re Jieltf) tree of charge, in. . sent. ;,-. 4 . : : . the strong-rooms of the Public ALSO NOTE.—That owing to the , ■ '.-'ff y^r':. ■ ." .''..■ ' '' Postal regulations norn de plume addresses jTrust Office for safe custody. ■'.■ ; care of General Post Office cannot' be ~■-::;: :, /,:,:., .^ ,' accepted. -;'. .■.-■■■ ■■ '. , ...•■: •-.. >-i ■- ,"' ■■•'■*•• ■'■■:■■ ' ' ■ -.;'■■ '■■■"' ■ ' The. Public Trustee prepares BLTOTDELL. 8R05,,, LTD., , ; .. ■~ . .. , "The Evening Post." ~. , \ wills. frf e ■??■ chaJge if: 9 pointed ,V : -...-' ~ ■■ •■ .:• . executor, and no fees are subse- ... PASSENGERS OVERSEAS. ... quently charged against the estates „ ..„--, . . °f the testators for the preparaT7OR BAGGAGE INSURANCE against -£ Fire, Theft, Sea Damage, etc., at tion. of the wills. low premium, apply . NORTH BRITISH AND MERCANTILE INSURANCE CO., LTD., . Consult the Public Trustee, WelRouth's Buildings, Featherston street. , / ■ ■ hngton, or any of his representaf\ S cleary sight is necessary to health tiyeß throughout New Zealand. ■f*. success, your eyes should be tnorbughly examined at Regular intervals. ' ; [We test eyes thoroughly, and by the most modern methods. Let us''test yours today, and if necessary furnish you with a pair of glasses, to suit your particular re- . quirements. . ; Morrison and Gilberd, Ltd., Opticians, 70, CHIROPRACTIC "HEALTH SERVICE" jWillis street, 'Wellington. Established 1902. poNSULT HART AND HART, • : — ~~ 12, Queen's-rd., Lower Hutt. N EW COMPA™LmiTED URA Tel. 632. Graduates of the Palmer .School. FIRE. MARINE AND ACCIDENT DENTAL SERVICE. ' INSURANCE. ConsultAccepted Lowest Current Rates. » NDREWS AND . JACKSON, The Company is empowered by Special £\. Dentists, 132, Willis-st., Wellington. / _ict of Parliament to transact Extractions by N2O. O, and Painless. TRUSTEE, EXECUTOR, AND ■ ■"■. AGENCY BUSINESS. • T^IXTO—THE LEADING TAILOR. N. W. NELSON, Manager. J\. 13 2, Willis-st. (first floor). Office: A.M.P. BUILDING. Suits' from £8 Bs, Overcoits £7 7s. ■ Telephone 40-223. . All real tailor-made." iTpDWARD HAROLD, Osteopath, ChiroJi' praetor, Dietitian. Guests Dieted yOU'LL GAIN THAT LONDON-LIKE and Accommodated if desired. Write for -»- ELEGANCE AND EASE Tree literature. Todd'd (Motors) Build- . ingg, Courtenay place. Tel. 20-886. So Characteristic of West Ind Society _.: _„ — M-n, ■foTEDICAL* MASSAGE, Remedial Exer- ' v „ 1 iVI ci ses , Mr. and v Mrs. WM. BARKE, I£ ou Have National Bank Chambers, Courtenay-pl. YOUR EVENING DRESS CLOTHES Tel. 22-223- MADE AT. MR. 'AND MRS. H. K. ADAMSON, MTTJJfJAN'R Osteopaths, Chiropractors, and IVIIL/JjILrAJN fc>, Dietitians, . KELBURN AVENUE, Crown Buildings, Cuba-st. Tel. 21-782. ' Bernarr Macfadden Graduates. Where Prices are Distinctly Mftderate. ' '/"10LWILL & COLWILL, Chiropractors, " ' y-J First Floor, National Bank Cham- v _ ni7 „-,_„ n w __, V_^_ fmirtpnaT ni Tpl 2_-RB9 SOCIETY JiOR FhOIECTION VI! hers, Lourtenay-pi. J.ei. __-»d». WfIMRN AND r.KTLDRFN PALMER SCHOOL GRADUATES. WOMJ.JN Am^OUU.JJKJiJN THE Secretary will be in attendance at PH,.....,,, nif-iii i nf ±yr* jruiiuiiii the Rooms, Wilton's Bldgß., 156, KUIOO per cc" Whol me a r£oaf,' 9 P V ■Williw... on TUESDAY, WEDNESDAY, dally recommended by Dietttiaw.' Ob- FRIDAY 10 to 12.30: TUESDAY tamable on order from any Denhard Depot AFTERNOON, 2 to 4. or Roundsman. All communications strictly confidential. Telephone 28-200.