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Aggregate Balance Sheet of the Bank of Mew South Wales, March 31,1917

ASSETS'. £• s d loin, Bullion and Cash Balances- ... 11,253,056 3 10 aistrTn Common wealth Notes 'iji Government Notes Totes of other Banks Money at short oall in London investments — British and Colonial Gov. Securities ... Municipal & other Securities Due by other Banks Bills receivable in London and Kemittanoes in Transit s d 2,894,434 0 0 12,882 0 0 316,751 10 0 2,735,000 0 0 6,973,335 3 4 724,125 0 0 310,641 19 11 3,041,518 3 7 28,261,744 0 8 Wheat Scheme ... 89,870 5 2 Bills Discounted, and Loans , & Advanoes to Customers 26,225,426 19 11 Bank Premises ••• 830,000 0 U £55,407,041 5 9 [liabilities of Customers and others on Credit as per Contra 2,018,968 710 £57.426.009 13 7

Notes in Gir culation : ... LIABILITIES. £ S' d £ s d 525,239 0 0 Deposits, Accrued Inter- , est & Rebate 40,174,670 1 3 40,699.909 1 3 Bills Payable and other Liabilities (which inolude Reserves held for Doubtful Debts and Amounts at Credit of Investments Fluctuation Account, • Officers’ Fidelity Guaran- . tee and Provident Fund. The Buckland Fund, atnd amounts due to other Banks) 7,799,949 17 10 Paid-up ' „ oapital ... 3,894,980 0 0 Reserve Fund 2,725,000 o_o Q Q Profit & Loss 384,292 6 8 Less Interim Dividend to Dec. 31, 1916 97,090 0 0 287,202 6 8 £55,407,041 5 9 Contingent Liabilities— Oustanding Credits as per Contra 2,018,968 7 10 £57,426,009 13 7 ' =

J3r. PROFIT AND LOSS. 31st MARCH, 1917

£ s d To Interim Dividend for quarter ended 31st December, 1916, at 10 per cent, per annum, paid in terms of Clause OV. of Deed of Settlement out of the halfyear’s profits Balance proposed to be dealt with .as follows: — To Quarter’s Dividend to 31st Mar. 1917, at the rate of. 10 per cent per annum out of the half-year’s profits ... ... ... ” Augmentation of the Reserve Fund 75,000 0 " Balance carried forward 114,827 16 97,374 10 0 97,090 0 0 287,202 6 8 £384,292 6 8

By Amount from last A/c.... 105,241 16 11 ” Balance of Half-year’s Profits after deducting Rebate on Current Bills, Interest on Deposits, paying Note and other Taxes, reducing valuation of Bank Premises, providing for Bad ' ana Doubtful Debts, and fluctuations in the _ value of Investment Securities, and a bonus to the Staff; and including recoveries from Debts previously written off as bad 279,050 9 9 £584.292 6 8

RESERVE FUND, 31St MARCH, 1917. Dr.'

l’o Balance ... .. (Of which £750,000 is invested in British Government Securities, and £soft--000 in those of States where we are represented —in all, £1,250,000. The balance is employed in the business of the bank) £ s d ... 2,800,000 0 0 £2,800,000 0 0

a s u

J. RUSSELL FRENCH, General Manager. ALFRED G. MILSON \V\ E. SOUTHERDEN, Chief Accountant. HARRINGTON PALMER Audited, 24 th May, 1917. Auditors.

Pji&iri At GISBORNEWAIROA (VIA TSNIROTO). IPiriitHi 8! IRK© 1 I 1757 E, tlie undersigned, wish to ’ notify the Travelling Public generally that we are continuing the above services, according to the Time-table as shown hereunder —LEAVE GISBORNE— - j Mondays, 7 a.m., for Wairca. Thursdays, 9 a.m., per motor-car, for Waerenga-o-kuri. —LEAVE WAIROA— Thursdays, 8 a.m. ” I ! —LEAVE WAERENGA-O-KURI— j Thursdays, 11.30 a.m., or to suit con- s venience of intending passengers . COACHES WILL LEAVE OUR | CREY STREET STABLES, j WHERE ALL PARCELS MAY BE STORED AND ALL PASSAGES BOOKED, j j J. R. REDSTONE & SONS, LTD., GREY STREET ... GISBORNE. THE NEW BRIDGE Makes the following a very desirable property:— 1R 'JP, situated on the river * hank, and on the corner of Stout and Stafford Streets, having a very comfortable 7-lioomed dwelling thereon, it at £9OO UNDOUBTEDLY A SNIP. EASY TERMS. (No. 840) IN HAITI A few minutes walk from G.P.O. I have for sale ® QN Y°V R QWN Y ERMS a very convenient 5-roomed house, in very perfect order, built on A FULL I-ACRE. - (No. .1013). TEE FOLLOWING PROPERTY IS CHEAP EVEN IF THE NEW HARBOR does not take in Waikanae Beach, but if it should,- then it is biggest SNIP in Gisborne. A-AC RE OORNER gEGTION with a 7-roomed house and a good j corner to spare for a shop. £1250. G* OL PI ESSE MASONIC BUILDINGS, LOWE STREET.

STUDY ECONOMY. NOW IS YOUR TIME TO DEAL. —SPECIAL LINES TO HAND— JgALS. GUARANTEED ALL LEATHER. 207post 9d. AND ' G hnt,s gLIPPERS —From— 1/6, 2/6, 3/6, 4/6 PER PAIR. Post 4d. QHILDREM'S JQITTO —From—1/-, 2/-, 2/11 PER PAIR. Post 3d. —AT—HANNAH’S, FOR CASH ONLY. BOX 225. When Remitting Cash Address Box 225. COUNTRY MACHINERY UPKEEP. TpEDIODIC INSPECTION and OVERHAUL of COUNTRY MACHINERY r has become an important branch of our work, and our effort to please is making us a host of friends. THE QJSBORNE ENGINEERING QOMPANY, J/D., ENGINEERS & CONTRACTORS. Works: i Bright St. ’Phone 466. Electrical Dept.: Peel St. ’Phone 804. HOT WATER BOTTLES THAT WILL LAST r DHAT is the kind we have, as we stock the “North Brit-, isli” Rubber Co.’s Bottles, which have stood the test f° r years and given GREAT SATISFACTION As Bottles that WEAR WELL. PRICES PRACTICALLY SAME AS LAST YEAR—7/6, S/6, 9/6, 10/6, and 12/6. —From— M.P.S., PRESCRIPTION CHEMIST, PEEL STREET. [ np WEED AND CO., MONUMENTAL MASONS, rect Importers and Manufacturers —Of— MARBLE AND CRANITE MEMORIALS. „ »mer Grey St. ■ and Gladstone ltd.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19170622.2.20.3

Bibliographic details

Gisborne Times, Volume XLVIII, Issue 4592, 22 June 1917, Page 4

Word Count
876

Page 4 Advertisements Column 3 Gisborne Times, Volume XLVIII, Issue 4592, 22 June 1917, Page 4

Page 4 Advertisements Column 3 Gisborne Times, Volume XLVIII, Issue 4592, 22 June 1917, Page 4

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