BANKING AFFAIRS.
[Per Press Association.]
LONDON, January 28.
The half-yearly balance-sheet of the Union Bank of Australia shows a profit of £50,155. Public securities and cash items amount to £0,225,000 ; deposits to £16,332,000 ; advances on bills receivable and discounted, £14,597,700. The directors' report states that the drought in Australia has depressed business, sales being difficult to effect. Further provision has been made for bad debts.
MELBOURNE, January 29.
Within a few days the National Bank of Australasia and the Bank of Victoria intend to realise a considerable portion of their deferred deposits. The amount realised in each case will be about a million, of which £200,000 is payable in Loudon.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD18960129.2.13
Bibliographic details
Evening Star, Issue 9915, 29 January 1896, Page 2
Word Count
110BANKING AFFAIRS. Evening Star, Issue 9915, 29 January 1896, Page 2
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.