COMMERCE AND MINING

New Zealand Times, Volume XLVI, Issue 10561, 12 April 1920, Page 10

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE. SATURDAY'S QUOTATIONS.

TIN STOCKS. (Received April 11, 5.5 p.m.) LONDON, April 9. Tin stock* are 18,279 tons, spot 2737 ifloat 14D7, deliveries 2359FRENCH BANK KITE. Australian and NZ. Cable Association. LONDON, April 8. The discount rate- of tho Bank of Franca has been raised to 6 per cent. NEW ZEALAND BANKS ASSETS AND LIABILITIES. ' Following is a general abstract showing the average amount of thy liabilities end assets of the Bank of Australasia within tae Dominion of New Zealand, talen from tho weekly statements liuring the quarter from January Ist to

Buyers. Seller:. X s. d. <£ s- i a. llinlnc— , 0 8 7 — 2 5 0 — — 0 VI e — 0 2 6 Investments — Inscribe! Stork <193f0 95 0 0 ~ Inscribed Stock (192S) 95 2 6 ' — War Bonds (1023) — 95 2 c Bank Australasia 139 0 0 2 8 0 — 7' 0 0 Bank .Scu- South Wwles 36 0 0 3<> 7 c — •1 10 6 National Mortgage ... Wright, Stephenson... _ 6 3" i IS O 6 "\VRtu. Trust, Loan. Ltd . 6 5 0 —• Wgtn. Dep. and Ifort 0 8 3 — Queensland Insurance) 8th. British Insurance 3 7 0 10 O 0 .9 11 6 X.Z. Kefriscrating (10s) 1 9 4 ■1 10. 0 P. and 0. (deferred) 550...O 0 COO 0 0 Union Steam (prof.) ... 1 1 0 — Huddart-Parker (ord.) 2 15 6 2 16 G —• 1 0 0 1 12 6 / 1 13 0 U t'stport-Stockton Wgtn. Woollen (Jtt lOsI 9 7 6 — — 0 16 6 Coal (ord.) W — 0 10 6 .Levland-O'Brien 1 10 0 — Golden Bav Cement... 1 5 3 — 0 16 0 0 16 i 1 7 9 — Rclipso .Petrol (10s) ... — 1 7 0

March 31st LIABILITIES j «.d a. d. Notes in. cItcts-. lation 421,677 4 7 Bills in circulation 32,330 13 1 Balances dne to other banks... 'Government deposits Other deposits Mot bearing inteest 3,77G,li"8 6 2 Bearing interest 1.076,6V# 1# 8 -1.832,831 10 1 •Total average liabilities ... 5,306,865 17 6 ASSETS. X «. d. Coined gold and silver and other coied metals 966,331 0 0 Legal tender notes of other 250,661 6 0 Cold and silver in bullion or lars 199 7 8 Notes and bills of other 104,148 1 0 Balances duo from other Landed property 10,632 11 4 Amount of all other secun'ties —• 1. Notes and bills discounted 113,837 3 3 ♦. Colonial Government securities 154,763 1 11 B. Other funded sccurlties 4,- Debts duo the bank (exclusive* of debts abandoned as bad) ... 3,842,074 4 3 }. Securities not included under "‘the above beads 10,616 2 6 Total average assets 5,432,722 17 11 Amount of tbs capital stock paid np at this date, ££2.000,000; rate oi the last dividend and bonus declared to the* shareholders, 14‘ per cent. end bonus 4 rier cent, per annum, IS per cent per annum; amount of the last dividend and. bonus declared, .£300,000 ; amount of the (reserved profits at the time o! declaring ouch dividend, £3,227,822. Statement of the average amount of liabilities and assets of the, iiant ol New South Wales, in New Zealand durIng the quarter ended March 23) th. 1020; LIABILITIES. £ s. d. Notes in circulation 619,653 6 2 Bills in circulation ......... 30,268 0 9 Balances duo to other banks 32.863 13 1 Government deposits Other deposits not bearing interest 4,233,606 15 4 Other deposits bearing interest 2*188,294 8 4 Total average liabilities 7,406,693 3 a ASSETS. Coined gold and silver and S, d. other coined metal 1,234,607 1 1 Legal tender notes of other banks 417,526 4 1 Gold and silver in bullion or bars 133,582 0 8 Notes and bills of other banks 540 17 2 Balances duo from other banks 146,360 15 7 Landed property 128,966 1 10 Amount of all other securities-- - I. Notes and bills discounted 650,040 6 3 2 Colonial Government securities 1,116,435 19 0 3. Other funded securities 4. Debts duo to bank (exclusive of debts abandoned as .bad)... 3,552,666 11 1 5. Securities not included under the abovo heads 193,573 8 11 Total average assets 6,991,299 6 2 Amount of tho capital stock paid up at tho cloao of tho quarter 9. d. ended 4,000,000 0 0 Xiato of tho last dividend to tho shareholders 10 p.o. p.a. Amount of last dividend declared 200.000 0 0 Amount of tho i-csorvod profits after declaring such dividend 3,200,000 0 0 WELLINGTON CUSTOMS. Tho Customs revenue received at Wellington on Saturday totalled .£5250 2s lid.