Page 6 Advertisements Column 1

Evening Post, Volume CVI, Issue 142, 13 December 1923, Page 6

THE BANK OF AUSTRALASIA. (Incorporated by Royal Charter, 1835.) Paid-up Capital > £4,000,000 Reserve Fund (used in the business of the bank) 3,525,000 Keseive Liability of Proprietors under tfao Charter ... 4,000,000 £11,525,000 EIGHTY-NINTH ANNUAL REPORT-OF THE DIRECTORS OF THE BANK OF AUSTRALASIA, T lth 'IIS Acoounl:s f°r the Year to 16th October, 1922. Presented to the Proprietors at the Annual General Meeting, held on Thursday, 22nd March, 1923. J;tfe T+L DT$ €C& rS A3ubmit to th* Proprietors the Balance-sheet as at 16th October last, Kni. n,f£»Tff "b 00-?"?* io I B year to **** date- At'ter providing for rebate on »ii ™»i-f ' r -B-rltls£ and Australasian rates and taxes, for a bonus to the staff, „£?«►£,+{L provlslon for bad and doubtful debts and other contingencies, the net profit for the year amounted to £620,105 10s Sd. account ™w tO .! ,add ed £121,763 8s brought forward from the previous year's prSe™ £520 gofm °f ? 741'868 X? s 5d- From this totel the Directors have apCcpßonus ofT™ re? rei ent ln/' for the year > a Dividend at the rate of 10 per cen£, share was nai/on^n^ v c? of Inoom3 Tas" Of this- £260,000, equal to 6s 6d per to 6s 6am?,W t Octoher a» an interim dividend, leaving £260,000, equal Reserve Fund li^TSfip Pa 65!?' <?wtribution. £100,000 has been appropriated to the ™« TV VI j a V- 8s sd"wlU remain to be carried forward to the next account. me Dividend and Bonus will be payable in London and in Australasia on 23rd lnsxam}, D.WoJ^i't JeanS TB^ the office of General Manager on 10th instant. The fn^ri^ivoTntL to, "a3o"* their high appreciation of the invaluable work which, durw£, h«Th^ ? •l en? ai,o£ S6rvice ' he has rendered to the Bank. Mr. E. Gojward, £h, l?t a for S6veral years ' and hai> recently returned from i lengthy v^rt to Austraha and New Zealand, has been appointed London Manager, their ■ ™l,Sf^£ have a^° 5. ecord with deep regret the death, on the Ist instaSt, of Th« T?LZ ollea e»« Sir Harold A. Stuart, G.C.M.G., X.C.5.1., K.C.V.O. Hon Lord O^rt^"^ b7 u rotation are :-Charles Gipps Hamilton, Esq., The Right & c : Oolfe G rel? ms FeivS a?ol^.e?ecHon 1 -' 3nd ."»• b^« re-etoLn AUdl--° rS ' M€SSra- Deloitte ' Plender- Griffith9 ' and Co., offer themselves for Ho^l^lSl^^H^^a^ 13, Leadenhall street, London, 12th Marcf^ HAMILTON ' Chairman' . PROFIT ACCOUNT, FROM 11th OCTOBER, 1921, TO 16th OCTOBER 1922 Balance brought forward from October, 1921 ... . <>121 763 8 0 dedJiL \ 7? r to l^ h ootoW ' 1922 ' a«er ~121>763 8 ° deducUng rebate on bills current at balance ' lif l9^', and, makin S Provision for all ■■ -. elr! o i« a d, oubtful de^ and^for other contingencies and for a bonus to the staff £1,52d,467 7 2 T rti J-»esSi— I. Cnarges of Management— ■ Australasia.—Salaries and allowances' to the staff,, including the Superintendent's Department, and 205 •Brunches and Agencies ... £394,078 IS 5 b-eneral Expenses, including .".»,. rent, repairs, stationery, travelling, eto. .. • qd'WOid 7 London.—Salaries \? ?« l\ % . General' Expenses ~ if v ... n.. Rates and Taxes- £532,748111 . Australasia ... £178,389 11 7 . London ... . ... 189,223 13 10 .. * r : 367,613 5 5 ' ' ' . ' 900,361 16 9 TOtOcto™l9°22 net Pr°fit f°r the y™ "A "■■ "•. ••■ £620,105 10 5 From which deduct- £741,868 18 5 . r::: • ; Transferred to Reserve Fund" .V.' N XOOIoOO 0" 0 ■ 620,000 0 0 , Balance carried forward per Balance-sheet ... ... ... ...£121,868 18 5 j) tm BALANCE-SHEET, 16th OCTOBER, 1922. ' . LIABILITIES.- AC , sm Cr. Oirculation ... f.Mi nBR in no- • t. „. nooiiio. Deposits ... / 25661481 2 6 P€Clel £ ulhon> GovernBi& Payable, and"other ' ment Notes, an d Cash • ' Liabilities, including • t T * n" , £6,456,891 14 3 provision for contiiv LoalJ- at ca!l and at shorfc ■seneies. :.. ■ . ..;, 3, 668 , 578 B r& Government So- '**"* ° ° ——— —— curities ■"„/ ;\: .•.'.■■1,813,042 5 9 rS a^»'» 0 BZt^aHe and Re- 8 8 Bonus ' Pittances in transit ... 3,838,978 9 7 payable ' Advances on Securities 23 Mar " ■ and other Assets ...23,006,709 14 7 Prif Ac mm ° ° 'leaint count and Londojl -, - 18,055 15 0 Balance 121,868 18^5 — —• 7,006,868 18 5 £37,580,814 710 ■ " £37,530,814 710 G. CAMERON, Accountant. R. W . JEANSi General Manager. We have examined the Cash and Securities in London, and the London Book, ™ii have verified the transfers from the several Branches in the CommonweaUh Imd 'n™ London, 7th Ma^h^^' ,PLENDER' GRiFFITHS, AND CO., Auditors.

DON'T BE PUT OFF. TTOU have the right to get the goods •*- you want and ask for. -vrY? UA-A vant "X" JAM > "X" MARMALADE and other famous food products—so be sure you GKT " X ." Your grocer can supply you. If he's out ot stock, he can procure "X " Goods from any warehouse. INSIST ON HAVING ' j " X " GOODS—THE BEST. " I KIRKPATRICK, NELSON. ■ ' XMAS HAMS. XMAS HAMS. SELECT your Ham with care. Buy a REAL Sugar-cured Ham. We sell the only real Sugar-oured Hams on sale in Wellington. Why not buy the best that money can buy at a lower cost. REAL SUGAR-CURED HAMS, REAL SUGAR-CURED HAMS, Is Id per lb. SALT-CURED HAMS, Is per lb. SALT-GURED HAMS, Is per lb. No Price Lower. No Quality Better. We will have for Xmas Week, Small ■ Boiled Hams, at Is 9d per lb whole.. ; XMAS POULTRY. XMAS POULTRY. Hundreds of Turkeys, price 2s per lb. ■ Ducks, Ducklings, Geese, Roasting Fowls,' and Cockerels, at unbeatable prices. CHEESE. CHEESE. ; Cheese from all over the world:— p Gorgonzola, from Italy, 4s 6d per lb. 1 Gruyero Cheese, from Switzerland, 4s 6d , per lb. Dutch Edam, from Holland, 3s per lb. . English Cheshire (matured in port wine), 2s, 2s "6d, and 3s lb. ' Prime Matured N.Z. Cheese, Is 6d per lb. ■ New Zealand Prime Mild, Is per lb. : 3. SMI TH, *00D AM&M*r BOBT7OE

PASSENGERS OVERSEAS. T7HDR Baggage Insurance against Fire i; Theft, Sea Damage, etc., at low premium, apply NORTH BRITISH AND MERCANTILE INSURANCE CO., LTD Routh's Buildings. Featherston 'street NEW ZEALAND INSURANCE COMPANY, LTD. FIRE, MARINE, AND ACCIDENT INSURANCE Accepted at Lowest Current Rates. The Company is empowered by Speoial Act of Parliament to transact TRUSTEE EXECUTOR, and AGENCY BUSINESS. D. J. BEWS, Manager. Office—LAMBTON §UAY and GREY STREET, -Wellington. • Tel. 32.. XMAS PHOTOGRAPHS PHOTOGRAPHS for Xmas should be taken how. Try THE CROWN STUDIOS > THE CROWN STUDIOS) -& 87, CUBA STREET. V. THOMPSON, Tel. 22-687. . Manil *arTTNION INSURANCE SOCIETY OF *-> CANTON, LTD. (Established 1835.) MARINE. BRITISH TRAD~ERS' INSURANCE COMPANY, LTD (Established 1865.) FIRE AND ACCIDENT. Branch Office and Head Office for New Zealand-29, HUNTER STREET Wellington. A. S. CLARKE, Manager for New Zealand. Wellington MARINE Agents for British Traders' Insurance Co., Ltd. MESSRS. T. AND W. YOUNG Post Office Square. TW^EW NOTES. The New Notes •■' In the Colour " -'■ ' And Weave of the > London Suitings, Now showing at MILLIGAN'S, „ , Ir iL , Kelrmrn avenue, Are Worthy of • Your Earliest In«p»sti«a.