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New Advertisements. T HIETY-SIXTH PORT OF THE DIRECTORS OP THE BANK OF NEW ZEALAND, To the Half-yearly General Meeting of the Proprietors, held at the Banking-House, Auckland, on THURSDAY, 23RD OCTOBER, 1879. The Directors beg to submit the result of the past half-year’s operations, which will, no doubt, be considered satisfactory. The Net Profit at 30th September, after making ample appropriation for Dependencies considered bad or doutbful, and the usual Reductions in Bank Premises and Furniture Accounts, amounts to ... /69,03 s*4 9 To which has to be added— Premium on 25,521 New Shares taken up, part of 27,500 issued under authority of the Half-yearly Meeting of the Proprietors, held on 29* h October, 1878 180,613 15 Balance from half-year ended 31st March, 1879 ... 9,753 11 o 8 Making a total available for division of ... /259,4°6 1 S Which it is now recommended be appropriated as follows ; To payment of Dividend, at the rate of 10 per cent. per annum /49, 01 ° 10 0 To Bonus of ss. per Share, equal to 3 P er annum ... 2 4»5°S 5 0 To proposed addition to Reserve Fund ... 180,000 o o To Balance carried to Profit and Loss New Account 5> 8 9° 6 S £ 259,406 1 5 The Dividend and Bonus will be payable at Head Office, Auckland, on Friday, the 24th October, and at Branches on receipt of advice. For the Board of Directors, J. Logan Campbell, President. Aggregate Balance-sheet of the Bank of New Zealand at the 30th September, 1877, including London Office at 31st July, 1879. Dr. Liabilities. Capital, /i,OOO, 000 ; less Zi9,790 — P ar va l ue 1,979 new shares of £lO each, held in reserve ... Reserve Fund Notes in circulation Bills payable in circulation Deposits and other liabilities Balance of profit and loss £ s. d. 980,210 o o 375,000 o o 465,165 o o 1.486,577 o 5 6,658,287 13 8 259,406 i 5 Total 15 6 Cr. Assets. Coin and cash balances at bankeis Bullion on hand and in transit Government securities Bills receivable and securities in London... Bills discounted, and other debts due to the Bank... Landed property. Bank premises, &c, ... £ s. cl. 2,054,648 19 4 214,075 10 6 200,000 o o 884,729 6 n 6,684,624 15 6 186,547 3 3 Total /10,224,62 s 15 6 PROFIT AND LOSS Dr. To dividend on 98,021 shares of /10 each, at rate of 10 per cent, per annum To Bonus at rate of Ss per share, equal to 5 P er cent, per annum To proposed increase to Reserve Fund ... To balance cairied to profit aud loss “ new account” ACCOUNT. / S. d. 49,010 10 o 24,505 5 o 180,000 o o 5,890 6 5

Total ,£259,406 1 5 Cr. Gy balance from half-year ended 31st March, 1879 By premium on 25,521 new shares taken up, part of 27,500 issued under authority of the halfyearly general meeting of the proprietors held on the 29th Octobei, 1878 By net profit for half-year ended 30th September, 1879 Audited. Bbnjn. Tones. 148—G18a Joseph L. Wilson. £ s. d. 9.753 ” 8 180,613 15 o 69,038 14 9 WAKANUI ROAD BOARD. NOTICE TO RATEPAYERS. ALL RATES remaining UNPAID by November 6th next ensuing will be recovered by legal process. By order, FOOKS & SON, 141—G09a Surveyors, &c, to the Board. WAKANUI ROAD BOARD. PUBLIC NOTICE is hereby given, that it is the intention of the Wakanui Road Board, at a Meeting to be held on Thursday, November 6th, 1879, to strike a Rate of Ninepencb in the Pound on the rateable value of all property in the District, for the year ending the 31st day of March, 1880, payable in one sum, on and after Thursday, the 13th day of November, 1879, and that the Rate Book is open for inspection at the Board’s Office, Moore Street, Ashburton. FOOKS & SON, Surveyors, &c., to the Board. 581a—123

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18791101.2.9.3

Bibliographic details

Page 2 Advertisements Column 3, Ashburton Guardian, Volume I, Issue 16, 1 November 1879

Word Count
640

Page 2 Advertisements Column 3 Ashburton Guardian, Volume I, Issue 16, 1 November 1879

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