Page 4 Advertisements Column 2

Auckland Star, Volume XXI, Issue 120, 22 May 1890, Page 4

SEVENTY-NINTH REPORT OF THE DIRECTORS OF THE BANK OF NEW SOUTH WALKS TO THE HALF-YEARLY GENERAL ME'-.TING OF THE PROPRIETORS, HELD AT THE CHIEF BANKING-HOUSE, ON WEuNESDA-, THE 30th DAY OF APRIL, IS9O. The Directors have the pleasure to submit to the Proprietors a Statement of the Assets and Liabilities of the Bank on theSlst March last, with tie Audiiors' Report and Declaration. The net profits for the halt-year, afterdeductiiigrebale on current bills, interest on deposits, paving note tax in the colonies, providing for bad and-doubtful v debts, and reduc itig valuation of Bank premises, amount to .. .. *11-, /._ l_ _- To which is to be added— o0 ~ „ Undivided balance from last half-yoar .. .. .. .. •• '"___ Giving for distribution .. £128,631 811 Which the Directors recommend to be appropriated as fo'lows : To payment of dividend at the rate of 15 per cent.per annum £93,750 0 0 „ Bonus at the rate of 2-_ per cent, per annum .. .. 15,625 0 0 „ Augmentation ot the reserve fund .. .. .. 10,000 0 0 „ Balance carried to 'profit and loss," new account .. 9-256 8 11 With the above appropriation the reserve fund will amount to £950,000. > During the past half year the branches at Tuena. in this colony; at NanaußO in Queensland ; , and at Freeniantle, Western Australia, have boon closed; and during the same period branches have been opened in Pitt-street, Sydney; at Casino, Coopernook, and Tocumwal, in this colony; at Bairnsdalo, in Victoria ; and at Barcaldine, in Queensland. It will be the duty of this Meeting to elect a Director in the room of Robert Lucas Tooth, Esq.. who has resigned in consequence of his departure from the colony. The vacancy on the Board thereby occasioned was filled by the appointment, in terms of the Deed of Settlement, of Charles Smith, Esq., who now offers himself as a candidate for election, and has given the requisite notice accordingly. The Board regret to report that through the recent lamentable sh pwreek of the Quetta tne Bank lost its Queensland representative, Mr Alexander Archer, one of its oldest, most faithful, and experienced officers. The Dividend will be payable at the head office to-morrow, and at the branches on receipt of J advice. For and on behalf of the Board of Directors, THOMAS BUCI-LAND, President. AGGREGATE BALANCE SHEET OF THE BANK OF NEW SOUTH WALES, MARCH 31. j 1890. (including London Branch to-Ist December, 1889, and New Zealand Branches to 3rd ' March, IS9O. Dr. & s. d. Cr. & S. d. To Bank Slock 1,250,000 0 0 By coin and cash balances .. 3,314,433 0 3 7 „ Reserve Fund .. .. 940 000 0 0 „ Bullion 53,238 10 2 „ Notes in circulation.. .. 650,570 0 0 „ Government securities .. 445,729 6 0 „ Bills payable .. .. 1.661.785.19 9 „ Notes of other banks .. 7,896 0 0 . „ Deposits and other liabilities 18,141,033 2 2 „ Bank Premises .. .. 535.602 3 5 „ Profit and loss .. .. 149,774 0 2 „ Bills receivable, bills discounted, and other debts due to the Hank .. ..18,434,957 12 0 „ Insurance account .. .... 1,31111 3 7 £22/793468 31 ■ £22.795.168 3 1 5 Dr. PROFIT AND LOSS, MARCH 31, IS9O. Cr. 1890. £ s. d. 1839. £ s. d Mar. 31. To rebate (at current rates! Sep. 30. By amount from last aeon hilts discounted not count.. .. .. 9,._- 16 a , due at this date .. 21,142 11 2 IS9O. ~ Dividend at the rate of Mar. 31. „ Balance of half-years 15 per cent, perannum 93,750 0 0 profits after providing „ Bonus at the rate of 2_ for bad and doubtful 1 percent, perannum .. 15,625 0 0 debts, and mclud ng „ Augmentation of the recoveries from debts d reserve fund. - .. 10,000 0 0 previously written oir" „ Balance carried to as bad .. ..139,845 3 6 " profit and loss," new / account .. .. 9,256 811 £149.774 0 2 £149,774 0 2 Dr. RESERVE FUND, MARCH 31, 1890. Cr. Tigs; '_r~"s7_; i3s§; * %d„ Mar. 31, To balance .. .. 950.0C0 0 0 Sep. 30. By balance .. .. 940,000 0 0 1890. Mar. 51. ~ Amount from profit and loss .. .. 10,000 0 0 3 ______ £950.300 0 0 £950.000 0 0

fc TfENlt T/IDlt yrid r Our Trade having completely outgrown prescm Premiss, compelled to move. OPENING IN QUEEN-STREET. Stock, Must be cleared regardless of cost. Any balanc* I left over will be given away. fc Long Counter set apart for display of - TWEEDS AND REMNANTS, To be cleared at any price. jSAC SUIT TO MEASURE During sale from 35/ REMNANTS & TROUSER LENGTHS, 9 No offer refused. G. I_Fb ride ' Merchant Tailor, b CUSTOMS-STREET EAST, r ____—_— r 1 3 "KTEW A UTOMN TTfcRAPERY. The bulk of our New Goods having now arrived ex lonic, Ruapehu. Tcnguriro, and Tainul, we i would respectfully ask the ladies of Auckland , to call and inspect tho various' styles for the a season, which in all departments are the very latest to be bad in tho London and Continental 3 markets. 1 pq An immense display in \—^ O P^ ' >\ DRESS MATERIALS m O . W In Colonial Tweeds, English and 7"*\ German all-Wool Materials in B | Checks, Stripes, Broches, i Plains and Combinations. ft _. i Also, c A splendid assortment of styles /*■_) fc IN ROBES, 5 Hi C ' |"* , Of which we have only one of each colour, ranging from f*H 25s toll7s each - & . A large stock of DRESS TRIMMINGS to match in Plush, Velvet, Silk, Ornaments, etc. MANTLES, JACKETS, DOLMANETTES FUR-LINED CLOAKS, ULSTERS. in profusion. Great variety of LITTLE BOYS' SUITS, TUNICS and OVERCOATS, bought ajob. LADIES' and CHILDS' UNDERCLOTHING, BABY-LINEN, TOILET REQUISITES, etc., marked very low. (Trousseau and Layettes at short notice;. GLOVES and HOSIERY are a specialty. Also, always in stock, Girls' Kid Gloves in Swede, White and Coloured Kid. SPECIAL VALUE In Blankets, Flannels, Quilts, Manchester and Linen Goods, Cretonnes, Curtains, Curtain Poles, etc., etc. As uaual, we are showing the very latest styles IN MILLINERY GOODS Of every description, which we have marked at exceedingly moderate rates. Tioo first-class Dressmakers always on the Premises. PATTERNS and PRICES sent free to any part of the country, iyr ILNE & fjHOYOB, AUCKLAND. Q P E C I A L. LA GRIPPE MIXTURE AT AIOKIN'S,. THE PHARMACY, QUEEN-TREET; • Al3O, THE TONIC RESTORATIVE For U*»« in the Second Stage of the Malady; ■