Page 8 Advertisements Column 3

Otago Daily Times, Issue 784, 22 June 1864, Page 8

Reports. "DEPORT OF THR DIRECTORS J\> OF THE NEW ZKALANJ) BiNKINGCORPORATION. LIMITKD, to the Shareholders, at their Firit Annual General Meeting;, held sit the Offices of the Bank, 38, Now Brond;:treet, London, L.C., on Monday, 2nd May, 1864 :— The ? irsctors have much pleasure in submit tine to the Hiarel.-olders the Au-.li'ed Accounts of tlie Bark up to loth April bst, shewing* a profit of L1,72911s 31 as Use result of the first nine months' operations. Out of • this sum the Directors propose to apply L 1133 3s 2i to tt-e payment of a dividend on the paid-up capital, at the rati of 10 per cent, per annum, carrying forward the balance of L 591 8s id to the credit of Piofit and Loss. The mpeting will be made special, for the purpose of r ducii'g the nominal amount of the shares by issuing Ten Shares of LlO each (LI paid) in exchange for One existing Shave of LIOO (LlO paid): also for >he purpose of issuinsr the remainins 2000 Shares at a premium of 25 per cent: offerins: them in the first instance to the registered holders of the 4000 issued Shares, in the prooortion of one new to every two old ."-hares. The premium will amount to LSOOO. a sum more than sufficient by seve-al hundred pounds to clear off the who!e of tha preliminary expenses, as also those incurred in establishing the Bank in Duuedin. . . The position of the Corporation will thus compile*— A. full? subscribed capital of 1600,000. in 60.000 Shares of LIO each. A paid up Capital ofL6O,COO. Pre'irainary and establishment expenses, nil; and about LIOOO carried forward. The Direcors are gla-i to announce that an arrangement ha^bosn made with the Agra and Unite! Service*1 Bank (Limited), whereby the New Zealand Banking- Corporation has been appointed figent in New Zealand to that [nstitulion, with itc innny important branches in the East and the neighbouring coior.ies. Also, that arrangements are in progress for a mutually advantageous connpxion for the transaction of business with en established Lniid Mortgage Company. The Directors continue to receive encouraging accounts from Mr J. Reid Mackenzie, the Manager in Duneiiin ; and they liave requested him to invite the co-operation of three gentlemen of position to act as a local committee for assisting him in the conduct of the affairs of the Corporat:on in the colony. In pursuance of the regulations contained in the Joint Stock Companies A ct, the whole of the Directors retire, and being eligible, offer themselves for re-elaction. viz : - H. A. Hankey, Esq.; Frerlk. Levi, Esq.; G. F. Denny, Esq.; Mr Alderman Hale, and J. J. Bu3sell, Esq '"he present Auditors being eligible'-for re-election, also offer themselves accordingly.—By order of the Board, PSKCIVAL BESD, Secretary. THE NEW ZEALAND BINKING CORPORATION, LIMITED. Balance Sheet—lsth Apiul, 1861. Da. LIABILITIES. To Capital— £ s. d. £ 0. d. 6000 Shares, LIOO each, L 600.000. Paid up LlO on 4000 Shares ... 40,000 0 0 Calls paid in advance 600 0 0 40,600 0 0 Less calls in arrear 185 0 0 . 40,415 0 0 To amount due by the Bank for Customers' balances, Deposit Accounts, Acceptances, Letters of Credit, Circular Notes, ic... 118,389 6 0 To Profit and L«s 1729 11 3 £160,533 17 3 Cb. AB6ETS By cash in hand and at call, ab head office and Dunedin Branch £31,220 0 5 By securities, including Bills purchased, loans, discounts, &c, &c. 125,418 10 0 By preliminary expenses ... £3000 0 0 Ditto, New Zealand Account .. ... 895 610 — 3895 6 10 £160,533 17 3 PROFIT AND lOSS ACCOUNT. From Bbh May, 1863, to loth April, 1864. Dr. To current expenses, including salaries, rent, and use of furniture, coals, gas, advertising, stationery, miscellaneous charges, &c. £630 9 9 To Balance Down. ,_„„,, n Nett Profit 1729 11 3 £2360 1 0 Cb. By gross profits to date £2360 1 0 £2360 1 0 By Balance, Nett Profit £1729 11 3 Examined and fonnd correct: JOHNSTONE, COOPER, ) WINTLE and CO. > Auditors. G. H. LADBUBA ) 10th April, 1864. Jewellery, &c. N. SALOMON I BEGS respectfully to call the attention of his numerous friends and patrons to his beautifully selected stock of Jewellery, &c, all of which are guaranteed to be of the best manufacture aDd latest fashions; he likewise takes the opportunity of annexing a list of the principal items now on hand, it bi-ing an impossibility to give an exact enumeration of same, and trusts by retaining the renown of his hitherto unequalled selection of goods, he will ensure the liberal support of those who might kindly patronise him. Ladies' and gentlemen's gold and silver hunting and open faced Ecglish and geneva j watches, from the most famous manufacturers. - Gold and silver watch chains and Albert's, in latest patterns Splendid brooches Bracelets Earrings Necklets Locket 3 Scarf-pins and rings, of ths raost 'tasteful designs, set with diamonds, rubies, emeralds, opals, amethysts, aquamarines, cameos, &c, &c. Magnificent diamond, gem, and signet rings, wedding rings, keepers, &c, &c. Ladies' and seatlemen's p O ld and silver pencil cases and toothpicks Gold studs, plain and variously ornamented with diamonds and other precious stones Sleeve links Splendid designs in jet and coral Sterling silver andj electro-plated tea and coffee services Cruet, liqueur, egg, and pickle frames Cake and card baskets, Sets salvers, sets side dishes and dish cover* Butter foolers, sugar baskets, toast rack 3, soup ami toddy ladles, fish slices, £c, &c. A fine assortiaent of ladies' and gent's sterling silver and electro-plated fitted dressing cases Silver inkstands, in beautiful designs ; silver tortoise shell and uiother-of-pearl card cases ,* gold and silver vinaigrettes • thimbles; gold, silver, and ivory mounted Mordan's pencil cases, with pen, pencil, and kni'e A large assortiaent of sterling silver cup 3, beautiful designs, suitable for race, yachting, or rifle prizes Matheiostical and optical goods in great variety. Gold and silver-fitted spectacles and eye glasses; opera and field glasses English and foreign clocks oi various designs, in black, white and veined marble, alabaster, ebony, walnut, oak fee, &c. Alarums, French and American, in brass and wood Musical boxes, four six, eight, ten and twelve airs, with or without drum and , . bells In the watchmaking* and xnaimiasturing jewellery department, the utmost precision and strict attention to the "beauty, design and parity of material may be fully relied on. Gold bought in aay quantity. Hours of business from 9 a.m. til 7 p.m. N. SALOMON, Chronometer and Watchmaker, Goldsmith and Jeweller, Next Bank of New Zealand, Princes-street, Dunedin,