POSITION OF THE BANKS.

Hawke's Bay Herald, Volume XXI, Issue 5459, 13 August 1879, Page 3

POSITION OF THE BANKS.

Tho following stotemont, being the la3t quarterly return, shows the position of the various banks doing business in the colony : — Bank of New Zealand : — Assets — Coined gold and silver, and other coined metal, £587,373; Rold and silver, in bullion or bars, £97,249 ; notes and bills of othor banks, £23,173 ; balances due from other banks, £5123 ; landed property, £70,827. Amount of all other securities : note 3 and bilk discounted, £3,047,604 ; colonial Government securities, £185,692 ; debts due to the bank (exclusive of debts abandoned as bad), £3,476,431 ; securities not included under the above heads, £110,252 ; total average assets, £7,003,724. Liabilities — Notes in circulation, £530,751 ; bills in circulation, £20,310 ; Government deposits, £352,748 ; other deposits : not bearinginterest, £1)041,757 ; bearing interest, £1,889,336 ; total average liabilities, £4,434,902. National Bank of New Zealand (Limited) : — Assets— Coined gold and silver and other coined metal, £145,967 ; gold and silver in bullion or bars, £18,407; notes and bills of other banks, £4852 ; balances due from other banks. £4532 ; landed property, £05,999. Amount of all other securities : notes and bills discounted, £949,211 ; debts due to the bank (exclusive of debts abandoned as bad), £1, 039,691 ; securities not included under the above heads, £17,458 ; total avei'age assets, £2,240,117. Liabilities — Notes in circulation, £118,587 ; bills in circulation, £8213 ; balance duo to other banks, £9072 ; deposits not bearing interest, £282,626 ; deposits bearing interest, £471,515 ; total average liabilities, £890,014. Colonial Bank op New Zealand :— A.ssets — Coined gold and silver and other coined metal, £94,963 : gold and silver in bullion or bars, £14,368; notes and bills of other banks, £1815; balances due from other banks, £5304 ; landed property, £35,267. Amount of all other securities : notes and bills discounted, £563,244 ; debts due to the bank (exclusive of debts abandoned as bad), £532,153 ; securities not included under the above heads, £42,004 ; total average assets, £1,289,118. Liabilities — Notes in circulation, £89,298 ; bills in circulation, £1197 ; balance due to other banks, £3636 ; deposits not bearing interest, £284,169 ; deposits bearing interest, £354,575 ; total average liabilities, £732,875. Union Bank of Australia : — Assets — Coined gold and Bilver, and other coined metal, £345,064 ; gold and silver in bullion or bars, £12,387 ; notes and bills of other banks, £1895 ; ballance3 due from other banks, £2102 ; lauded projjuvty, £90,500. Amount of all other f-ecinitioa : nor.os and bills discounted, AvV7.'s 00.1 ; dc't'lrj duo to iho bank fex-oUixn-o of dot its aktudonud as b;;.d), .-ill ,0! ijO74 ; aeuariHos n^t included under Lhu tibovo h^ads, :'jC>i2,749 ; total average absous, JU2,291.892. Liabilities --Notes in circulation, £128,064; bills in circulation, £10,047 ; balances due to other banks, ( £128; deposits not bearing interest,

£427,060 ; deposits bearing interest, £1,038,872 ; total average liabilities, £1,004,771. Bank of New South Walks -.—Assets — Coined «old and silver and other coined metal, £325,437; gold and silver in bullion or bars, £22,023 ; notes and bills of other banks, £2804 ; balances due from other banks, £12,511 ; landed property, £33,331. Amount of all other securities : notes and bills discounted, £579,028 ; debts duo to the bank (exclusive of debts abandoned as bad) £020,219 ; securities not included under the above heads, £110,836; total average assets, £1,712,789. Liabilities — Notes in circulation, £86,092; bills in circulation, £4G3 ; balances dno to other banks, £4331 ; deposits not bearing interest, £234,604 ; deposits bearing interest, £443,259 ; total average liabilities, £768.789. Bank of A usthalasia : — Assets — Coined gold and silver and other coined metal, £106,130 ; notes and bills of othor banks, £2416; landed property, £32,888. Amount of all other securities : notes and bills discounted, £457,338 ; debts due to the bank (exclusive of debts abandoned as bad), £437,371 ; securities not included under under the above heads, £2034 ; total average assets, £1,038,835. Liabilities — Notes in circulation, £55,137 ; bills in circulation, £4121 ; deposits not bearing interest, £144,190 ; deposits bearing interest, £339,899 ; total avevage liabilities, £542,844. t Total assets : C0in,. £1,604,934; bullion, £164,434 ; notes and bills of other banks, £36,955 ; balance due from other banks, £29,632 ; landed property, £328,812 ; Government securities, £185,692 : notes and bills discounted, £6,370,144 • debts due to banks ; £7,119,939 ; sundry securities, £341,933 ; total, £16,182,475. Total liabilities : Notes in circulation, £1,007,929 ; bills in circulation, £44,351 ; balance due to other banks, £17,167 ; Government deposits, £352,748 ; other deposits not bearing interest, £3,015,046 ; other deposits bearing interest, £4,536,953 ; total, £8,974,194.

Capital Stock Reserved paid up. profits. £ £ Bank of s*Tc\v Zealand . . 902, 530 . . 595,334 >'ntiwisvl Bank ot N.Z. .. 350,000 .. 12,435 Colonial Bank of N.Z. .. 399,300 .. 59,951 Union Bank nf Australia . . 1,487,500 . . 009,502 Hank of New South Wales.. 1.000,000 .. 502,251 Bank of Australasia.. .. 1,200,000 .. 424,910 Totals .. .. £5,399,090 . £2,504,383