rpHIRTY-THIRD REPORT Of the Directors of THE BANK OF NEW ZEALAND, To the Half-yearly General Meeting of the Proprietors, HELD AT the BANKING HOUSE, AUCKLAND, ON THURSDAY, 25TH APRIL, 1878. The Directors have much pleasure in again meet ing shareholders with a favorable report, which af fords evidence of continued progress and success £ s. d The Net Profit at 31st March, after making ample appropriation for all bad and doubtful dependencies, and for reduction of Bank Premises and Furniture amounts to ... ... 82,5(7 19 4 To which has to be added— Balance of undivided Profit at the 30th September, 1877 ... 1.790 4 I Making a total available for division of £84,558 3 i The following appropriation of which is now recommended To payment of dividend at the rate of 10 per cent per annum £36,250 0 0 ~ Bums of 5s per share, equal to 5 per cent, per an- «« num £18,125 0 0 ~ Proposed increase to reserve fund .. £25,000 0 0 ~ Balance carried to Profit and Loss New Account ... £4,983 3 9 The Dividend and Bonus will le payable at th Head Office, Auckland, on Friday the 20th April and at the Branches on receipt of advice. For the Board of Directors. J. Logan Campeell, Chairman. Aggregate Balance Sheet of tie Bank of Nev Zealand, at 30th March 1878, including Londoi Office, at 31st January, IS7B : Dr. £ s. d Bank Stock ... ... ... 725,000 0 ( Reserve Fund ... ... 300,001) 0 ( Notes in Circulation ... ... 502,557 0 ( Bills Payable in Circulation ... 2,138,074 5 f Deposits and other Liabilities ... 6,800,070 4 1 Balance of Profit and Loss at September 30th, 1877 ... 1,790 4 I Net Profit for Half-year * ... £82,507 19 4 £10,550,659 13 11 Cr. £ s. d. Coin and Cash Balances ... 972,834 6 S Bullion on hand, and in transitu 452,880 11 C Government Securities ... 770,000 0 0 Bills receivable, and Securities in London.. 2,073,104 14 10 Landed Property, Bank Premises, Furniture, &c. . . ... 124,311 15 4 Bills Discounted and other debts due to the Bank ... .. 6,157,528 6 0 £10,550,659 13 11 Profit and Loss Account. £ s. d. Dr. To Dividend at the rate of 10 per cent, per annum ... ... 0 0 ~ Bonus of 5s per share .. 18,125 0 0 ~ proposed increase to reserve fund 25,000 0 0 ~ Balance carri< d to Profit and Loss "NewAccount 1 ' ... 4,)53 3 9 £54358 3 9 £ s. d. 82567 19 4 1790 4 5 £84358 3 9 Reserve Fund. - s. d. £325, )00 0 0 Cr. s. d. By Balance from last Statement 300,100 0 0 „ proposed addition 25,600 0 0 £325,000 0 0 Audited, I®'®' PIEECE- ' I B. Tonks. Cr. By Balance of Profit and Loss at 31st March, 1878 ~ Balance from last half-year.. Dr. To Balance
SLAUGHTERING LICENSE. I HETIEB Y Give Notice that it is my intention to apply forthwith to the Lake County Council fo/ a Slaughtering License for premises situated on the Peninsula. Queenstown, April 25th, 1878. FRED. H. DANIEL.
SLAUGHTERING LICENSE. J HEREBY Give Notice that it is my intention to apply to the Lake County Council for a Slaughtering License ; in accordance with the provisions of the Slaughterhouse Act, 1877, anil By laws of said Council, for premises situate at Kingston. Kingston, Gth May, 1878. CHARLES BARNETT. Gazette in Bankruptcy. y E IN BANKRUPTCY. In the District Court of the Otago Ooldfields liolden at Queenstown. In the matter of the Debtors and Creditors Act, 187(5, and of the Bankruptcy of Edward Donoghue, EightMile, Arrow River, Hotelkeeper, a debtor. TN" pursuance of the Provisions of the above re. *■ cited Act, a meeting of creditors of abovenamed Edward Donoghue, will be held at the Court-house, Queenstown, on Thursday, the 23rd of May, 1878, at 12 o'clock, noon, to consider his intended application for an order of discharge. Dated at Arrowtown, 14th day of May, 1878. Jas. F. HEALEY. Creditors' Trustee.
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Bibliographic details
Lake Wakatip Mail, Issue 1069, 16 May 1878, Page 2
Word Count
634Page 2 Advertisements Column 3 Lake Wakatip Mail, Issue 1069, 16 May 1878, Page 2
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