AUCKLAND PERMANENT COOPERATIVE BUILDING AND INVESTMENT SOCIETY.

New Zealand Herald, Volume XIX, Issue 6569, 6 December 1882, Page 6

AUCKLAND PERMANENT COOPERATIVE BUILDING AND INVESTMENT SOCIETY.

riiE half-yearly general meeting of the Auf and Permanent Co-operative Bailding Investment Society was advertised to be hel'l .ast night, but lapsed for want of a quorum However, at the request of the president [Colonel Haultain), the secretary (Mr. Jrh a Batger) read a statement of the receipts r-j disbursements of the society for the half-va-the following being an abstract of the <Ttatl' ment :— Receipts and Disbursements for the Half-year, r> 1( ;; r oOth September. ISS-- ' P.eckipts.— Fees. £213 ICU 7d ; tines, w pass-book's anil rales, £7 14s 6.1 : subscriptions' t-L ceired on shares account. £10,r»52 IS3; £325; properties in liquidation, Hfrli deposits received from hankers. .€15.; biUncei" hand at bank on Ist April, £91:15 i 3.1 • 'L.,1 4 £45.G7G 2s sd. ' KW ' Disbursements.—Fees, £iro Irs Qd : i c . ri £10,8*25; fixed ijeposit at hank, £:$?00; dercsri £1714 15s Cd: interest pud depositor's. £111 o« v* share.'matured and withdrawn, 15s :.<i • c^'. standing dehts. Slat March, ISj.2, t:sl< 14s 34 • perties in liquidation, £7G Va 4d; mi ceUacecn? £4So 4s 7d. balance in hand at b.>uk, *:3104 total, £45.67G2s sd. "" ' Colonel Haultain said : Compared with the corresponding period of last year then does not appear to be very much differenet in some of the items. Subscriptions on investing shares for this periix!, £10 IS3corresponding period last year, .'.'10,250. P.epaymeuts on borrowed shares this year £5890 ; as against £7-22 last year! Repayments on redeemed and "surrendered shares, £: ; 539 ; last year, £WS6. Loans : Cash paid to borrowers, £10,Sia• last year, £-1015. Fixed deposits at th» Bank of New Zealand, £3000 ; last year, £5300. Matured shares paid off, £11,257last year, £14,576. Shares withdrawn' £3521 ; last year, £5659. There has been a little reduction on " miscellaneous, management, expenses," &C-, which has been £455 for the past six months, compared with i'sl6 for the same period last year. I think we may congratulate ourselves that we are ctrtainly not in any worse position than we were last year, notwithstanding the change* which have taken place in the valu*; of money, and the requirements of the com* munity. In comparing the various items. Colonel Haultain referred to the periods ending 30th September, ISS2 and ISSI.