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* SEVENTY-SEVENTH. BEPQBT OF THE DIRECTORS OF THE ; BA&K OF NEW SOUTH WALES •^ » TO THE HALF-YEARLY GENERAL MEETiJSG OF THE PROPRIETORS, ! HELD AT THE CHIEF BACKING HOUSE • ON TUESDAY, THE 30th DAY OF APRIL, 1889, ! f| HE DIRECTORS have the ple»ei:ro to submit to the Proprietors a Statement j X of ibb assets and LIABILITIES of the Bank oq 3i*t Moron last, with tbe AUdUoftt 1 itbpOlt ttliU DoOiACttUuu. The net profita for the half -j ear, after deducting Rebate on Current I Bills, lutereat on Deposits, paying Note Tax In tbe Colonies, providing fur Bad and Doubtful Debta, and reduaing valuation ! of Hank Premised, amouut to .„ £120,565 710 i To which is to be added — | Undivided Balance from last half-year .., .„ ... .... 8,285 13. 1 Giving for distribution £128,841 0 11 Whioh tbe Dlreotors reoommend to be appropriated ao ioiiowa : — ;■ . . To payment ot dividend at the rate of 15 pat ' cent per annum £93,750 0 0 To Bouub at the rate of 2& per cent pet annum J 6,625 0 0 „ Augmentation of the Keaerve Fund ... 10,000 0 0 „ Balance carried to "' Profit and Lobs," New ■ Aoooant , ... 9,466 0 11 -£128,841 0 11 With the above appropriation the Reserve Fund will amount to £980,000* During thu past limf year Branohea of the Bank uave boon opened at £Urandeia Id this Colony and Brunuwlok m Victoria. The Dividend will be payable at the Head Offioa to-morrow, and at the Branches on reoolpt of advice. ' ■ For and on behalf of the Board of Directors, THOMAS BUOKLAND, ; President* AGGREGATE BALANCE- SHHET OF THE BANK OF NEW SOUTH WALES* M MAKCH 31, 1889 (lucludiug London Branch to 31at December, 1888, and New Zealand Brauohea tv 4ch March, 1889). Db. Or, ' r ~ ' £ a~d ; £ • d To Batik Stpolr. 1,250,000 0 0 By Coin and Cash 7, Reaerve Fond ... o^o,ooo 0 0 Balances ..,..;.. 2.489.-206 8 8 „ Notes m Oiiculatlon 661,766 10 0 „ Bullion ... ... 49,805 9 0 „ Bills Payable ... 1,757,877 7 4 „ Govt, Securities ... 186,697 19 0 „ Deposits and other „ Notes ot othtr Banks 18,796 0 0 Liabilities ... ...10,956,029 10 2 „ BaDk Premises ... .519,400 10 6 „ Ptofit and Loss ... 156,122 3 6 „ Bills reoeivabU, Bills , ii^ . Discounted aud othev t debts dne to the Bank 18,417,351 8 7 ;••'•■! '■•■'•' i, laaurance Aooount... 537 15 3 £21,681,795 11 0 £21,681,795 11 0 " Da. \ ~ PBOFIT AND LOSS, MAuOH 31, 1889. ~ Ob. 1889 "■ £ T^ 1888 ' ~ £ s d Msroh3l.To Rebate (at Sepu 30. By Amount horn : ourrent rates) last Acooont 8,285 13 ' 2 on Bills dis- 1889. ' J^ counted not March 31.,, Balance of half due at this year's Pronts date 27,281 2 7 . after provld. Dividend at Ing for: Bad "«$ " tha rate of 15 and Doubtful pet cent per . Debts, and ln- . annum ... 93,750 0 0 eluding re- . Bonus at the coveriea from ' • ' "rate of 2^ per Debts prevto eQt pe 1 "* 0 "' outly written . D nm.... ... 15,625 0 0 off as Bad „. 147,836 10 5 augmentation " o f iheßeierve . Fond ... 10,000 0 0 : ..BaUno 8 carfled to Profit „ , . , , ' '*■■'.':' andLosiNew . •■• ■ i ,:••..:,: Aocount ... 9,466 011 £156,122 3 6 £156.122 3 6 ~Pb. REBBRVE FUND, MARCH 31, 1889. : Or. T I 1889. £ b d 1888. £ a d. Msrob 31. To Balance ... 930,000 0 0 Sept, 30. By Balance ... 920,000 0 0 1889. ' March 31, ,, Amount from ; Profit & Loss 10,000 0 0 ! £930,000 00 £930.000 0 0 I Audited 29th April, 1889. SYDNEY BURDEKUS \ Aad , tot 2 1 6 133 ALFHED.G. MILBON/ Au(llt01tB Anglo-American Drills A SHIPMENT OF THESE FAVORITE DRILLS JUST TO HAND FOR WHIOH EARLY APPLICATION IS INVITED as there are only a few unsold. GEORGE JAMESON SOLE AGENT FOR THE Rakaia and Ashbnrton Districts. WHY BE LED AWAY by the old contluonu oruy Indalpep m by all ho 1 decs of Cheap Sales along East Street, wbeu you can purotuse for better value have your Choice of ALL NEW STOCK, at MITCHELL & TURNERS ITANORED STREET, Who have f just made eztenstve purohnes of FASHIONABLE GOODS In all Departments, for the Coming Season. WOOLLENS AND?YARNS]|eapealaUy Rood^vakte^these having been before the late rise In the raw material, including a largejpurohase of BLANKETS, FLANNELS, AND SHIRTINGS, FROM THE ASHBURTON MILL8 F Our Stock of Reaay-Made Clothing AND BOOTS Is exceptionally heavy at the present tlmo, large consignments baying just been unpacked, whioh have proved extremely good value. Bulls to Measure, prompt, at low rates. . .. . JMr-NOTB.— After reading the above, call and see the display of goodi and tlces In our Establishment In TANOBED STREET, and pnrohMtn will find they | n lay out their money to advantage. . 3*12 W. GREGG AND COMPANY, * PURE BLENDED TEA_S> NEW SEASON, 1888-9, ?i 13 and lib PACKETS, 2lb FANCY CANISTERS and Blb and Ilb TINP TRY THBE BLENDS^ TRY THESE BLENDS [V CROWN \ [(EAGLE )) ((exh S ibit^A) (( CLO Bj] V^perlb. Jj \perlb. JJ , /f \\per lb. // ONE TRIAL WILL ESTABLISH THEIR CONSTANT USE. To be obtained from JOHN OER AND CO,, [ EAST STREET, ASHBTOTQN,

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http://paperspast.natlib.govt.nz/newspapers/AG18890514.2.22.4

Bibliographic details

Page 3 Advertisements Column 4, Ashburton Guardian, Volume VII, Issue 2134, 14 May 1889

Word Count
812

Page 3 Advertisements Column 4 Ashburton Guardian, Volume VII, Issue 2134, 14 May 1889

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