BANK OF NEW ZEALAND.
Tho following is a statement of the averago amount of liabilities and assets of the Bank of New Zealand, within the Colony of NeW Zealand, during the quarter ended 31sb March, 1897 LIABILITIES. £ S. d.
* This includes an average of £1,288.000 held in Assets Realisation Board Debentures. 4 per cent, guaranted stock, £2,000,009. Preference shares subsciibed for by the Government of New Zealand, £500,000. Capital payable by shareholders, £SOO, >OO. Reserve fund, £23,474 7s 4d. THE NEW GENERAL MANAGER. Dunedin, May <J. The Otago Dailg Times has authority for stating that Mr Tegetmeier has accepted the position c?f general manager of the Baux of New Zealand.
Notes in circulation ... 547,921 0 0 Bills in circulation ... 37,118 4 3 Balances due to other banks i 14,876 12 5 Government deposits 913,868 4 7 Other deposits— Not bearing interest 2,498,S53 It 6 Bearing interest ... 3,247,934 14 9 Total average liabilities 240,572 10 6 ASSETS. Coined gold and silver and other coined metal 1,205,613 14 5 Gold and silver in bullion or bars 70,992 15 2 Notes and bills of other banks 27,862 6 5 Balances duo from other banks 5,542 13 0 Landed property ... 159,431 1 0 Amount of all other soeuri--ties — 1. Notes and bills discounted ... 926,317 8 5 2. Colonial Government securities 78 J,9 IS IS 5 3. Other . funded secunties — 4. Debts duo to the bank (exclusive of debts 2,851,427 0 abandoned as bad) 8 5. Securities not included under the above heads *2,S15,602 1) 1 Total average assets 9 7
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Bibliographic details
New Zealand Mail, Issue 1315, 13 May 1897, Page 39
Word Count
256BANK OF NEW ZEALAND. New Zealand Mail, Issue 1315, 13 May 1897, Page 39
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