BANK OF NEW ZEALAND.
The following very favorable balance sheet was read at a meeting of the shareholders, held at Auckland on the SOth ult : — Db. Io Paid-up Capital £ 249,373 Q^ 0 Notes in circulation 303,266 0 0 Bills in circulation 21&464 0 4 Deposits ... . ... ... -1,035,900' 4 1 .Balances due to other banks ... 79,152 12 8 Fund ;. 53,000 0 0 Balance of Profit and Loss Account to Slst March 1,668 19 1 Nett profit for half-year ... M . 39,523 14 5 £1,954,344 10 7 Cb. Br Coin and Bullion £ 308,651 19 5 Bills receivable, and all other advances i 1,145,239 G 2 Balances due by Colonial Governments 148,311 0 7 Balances due by other banks and branches 203,952 7 6 Notes of other banks 5,479 0 0 Government Securities 100,000 0 0 Landed property 16,943 2 0 Bank ' premises, furniture, and stationery 25,867 15 0 £1,954,344 10 7 PROFIT AND LOSS ACCOUNT. Db. To Increase of Reserve Fund £27,000 0 0 Dividend at the rate of 10 per cent. per annum 12,468 13 0 Amount carried to Profit and Loss New Account 1,724 0 6 £41,192 13 6 Cb. By balance of profit to 31st March ..." £ 1,668 19 1 Nett profit for half-year 39,523 14 5 £41,192 13 6 RESERVE FUND. Db. To Balance £ 60,000 0 0 Ck. By Balance from last statement 83,000 0 0 Amount transferred from profits of past half-year 27,000 0 0 £60,000 0 0
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Bibliographic details
Hawke's Bay Herald, Volume 7, Issue 438, 18 November 1863, Page 6
Word Count
238BANK OF NEW ZEALAND. Hawke's Bay Herald, Volume 7, Issue 438, 18 November 1863, Page 6
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