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merely be prepared to make advances upon i" unzil reaus^'l, in the same; mauner that it ¦vv: 1 be rea.iy do upon Wuol, trraia. or other pro'laje. ~"li Tiie j imunt of 2x*ow Zealand money iv the hir : « of the tLtee Banks fiom Aust'..'ia trr, I m 'x ia the Culo-i}- cv the 31st l>ec.-m"3cr }a=t, H3 ahowii by their several returns fu-m^h»d to the Government, appear thus, without giving odd numbers :—: — Deposit. Circulation. Total. Union Lank of Austra.ia£S7o,ooo £123,423 £993,425 Ban . of Is r\v Suuth Wilts 560,000 104.549 664,849 Buik of Ajstralaaa 103,000 33,932 231,962 Showing a total of ... £1,890,236 or nearly two millions of money belonging to colonists entrusted to Boards of Directors in Melbourne or Sydney to control or tnauipulate aa it may please their tastes ; or as it may be convenient for the good of commerce in Victoria or Xew South Wales ; or for the beneticial regulation of their exchange opi rations iv those Colonies Sth The Promoters, in plating the foregoing facts before the people of this Colony, deaire to point out the very great disadvantages that coiouißts are sure to labour under by lending — or rather giving— such a large turn of money as stated above to foreign Batiks, to be lent back to the people here at, very high rates of interest, and on more arbitrary conditions. They, therefore, have no hesitation in suggesting the prudence and wisdom ot the colonists keeping within their own domain the absolute control of their own moneys ; as by co doing they will most effectually destroy the risk in future monetary disturbances, which they have bad on more thau one occasion to deplore in the past, brought about holely by some crisis that has occurred in one or other of the Australian Colonies, where the real interests of the foreign Bank most strongly take root. 9th. It has been determined by the Promoters that the first issue of 200,000 Shares shall be conducted by Committees, to be appointed severally in the chief city in each Province ; and no Shares will be givai or reserved to the Promoters ; but each member of the Provisional Committee is willing to become a subscriber for the number of Shares standing opposite to his name. * 10th. It is proposed at the issue of Shares above referred to that 5s per Share bs paid on Application; that 10s per Share be paid on Allotment ; that a Call of 53 per Share be male and payable two months after Allotment ; that a Second Call of 63 per Share be mada and payable four months after Allotment ; and that a Third Call of 53 per Share be made and payable six months after Allotment — making together SOa paid up per Share. No further Call to be made within twelve months of the Bauk first commencing business iv Dunedin ; after which future Calls will not exceed 5s per Sluxe, nor be made at shorter intervals than three months between each Call. 11th. The Act of Incorporation for this Bank will be so framed as to limit the liability of the shareholders to twice the amount of their Shares, the same aa the other Banks. 12th. As a thoroughly Colonial Institution, the Promoters have much pleasure in strongly recommending *• The Colonial Bank of ]Ne\v Zealakd" to the support of alt ColouisLs having the real welfare of New Zealand at heart. Such an Instiution is much wanted at the present time ; and as the development of the Colony proceeds, its usefulness will also increase, and be more and aore appreciated, both as an investment for the savings of the people, and as a useful Bank. Judging from the iufluence and sound experience possessed by the promoting Members of Committee it is certain that no similar Institution has ever yet been lauuehed in the Southern Hemisphere under better auspices. A. deputation of Provincial Directors will visit Wellington in a few days for the purpose of co-operating with a locnl provisional committee. Meantime forms of applicatirn for shares may be obtained, and applications may be lodged with the Union Bank of Australia and the Bank of Australasia. FORM OF APPLICATION" FOR SHARKS. Date 1874. TO THE PROVISIONAL COMMITTEE OF THE COLONIAL BANK OF NEW ZEALAND. Gentlemen— l hereby make application for Shares iv the abo\ c Company ; and hand you herewith the sum of £ being the amount of Five Shillings per Share deposit on the same ; and I agree to take the said "Shares, or any less number that may be allotted to me, and I further agree to subscribe to the Articles of Association when required to do os. I am, Gentlemen, Yours truly, Signature Name ia full Occupation Address • .... ...... No Date received. *The Provisional Committee have already subscribed among themselves for 25,475 Shares, which they are prepared to take if allotted to them. SALE BY THE UNDERSIGNED, Duff Gordon's sherry, in qr-casks Mason Brothers' sherry, do Kope's port do Guinness' stout, bottled by Foster Bass's ale do do I Martin's Invercargill ale, in bulk Henry White's rum, 14 and 34 op Thoa Lowndis' do, 14 and 34 op Lfinoh Hart's do, 14 and 34 op Henry White's red huarb rum, in case B. and E. Perrier'a "carte blanche champagne B. aud X Perrier's " chateau raizan" claret Martell's brandy, in qr caska and cases Hennessy's do do do Lecoq Freres' do, in case, various agea Californian and Australian wines JDKZ geneva, 4 gals, proof spirit Curagoa shrub Why brow's pickles Colman's starch Do mustard, DSF Price's candles Do Rangoon oil Kentish hops Tasmanian bops Champion's vinegar, Nos 18 and 24 Fencing wire, Nos 6, 7, and 8 Conugated iron — 6, 7, and 8 feet lengths White lead, patent dryers, varnish Boiled and raw oil Hoop iron, 1£ and 2in ' Wire nails (rose-headed), I^, 2, 2|, and 3in Sulphur, woolpacks, twine Boots and shoes in great variety &c, &c, &c. JOHNSTON & CO. I UST LANDED, EX CEL^ENO, AND ON SALE by the- undersigned, Guinness' stout, in quarts &nd pints JOHNSTON & CO.
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Bibliographic details
Evening Post, Volume X, Issue 71, 12 May 1874, Page 4
Word Count
1,001Page 4 Advertisements Column 5 Evening Post, Volume X, Issue 71, 12 May 1874, Page 4
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Page 4 Advertisements Column 5 Evening Post, Volume X, Issue 71, 12 May 1874, Page 4
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.