COMMERCIAL.

Otago Daily Times, Issue 13568, 16 April 1906, Page 6

COMMERCIAL.

BANK OF NEW ZEALAND,

RAILWAY REVENUE RETURNS. The total revenue derived irom the New Zealand Government railways (including the Lake Wakatipu steamers) for the four weeks ended March 3 was £203,033. and the espendifurc for the same period was £13G.fi0S. The revenue from the South Island lines was £100,3(56. and the expenditure £7G,12G, the Hnnmiii-Bliifi section producing an income of £11,013 for an outlay of IGS.GCO. The Wcstlawl section produced £775G in revenue, the expenditure being £4539. and tlio Westport section yielded £5984 (or an outlay of £3119. The receipts on the Nelson and 'Picton sections were .C.1844 and £2087 respectively, while the cost of maintaining the traffic'on the former section was £1:197 and on the latter £100.1. The Lake Wakatipu steamers produced an income of £677. the expenditure being £345. The total revenue derived from the liies in the North Island was £93.G?G. while the expenditure was £60,631. The earnings' on the section extending from Wellington to New Plymouth and to Napier were £59.052. as against an outlay of £40,G57, and on the Auckland section "the revenue and expenditure were £.10,790 and £18,421 respectively. The working of the Kawoltawa. section resulted in r. profit of £2, the revenue being £181 and the expenditure £182. The income from the Wbangarei section was £2355. while the expenses amounted to £7SJG, and on the Kaihu section the takings were £Gl4 and the outlay £353. The Gishorne-Karaka line produced £6S7'in revenue, as against an expenditure of £2-)0.

The following is a statement of ihe averagi amount of liabilities aud assets of the Ban! of New Zealand during the quarter cudei 56th March Isst:-

Liabilities—Notes in circulation, £502,249 15s; bills in circulation, £47,507 ISs fxl; uihinces due to other banka. i'17,'213 os; Government deposits, £3.257,396 10s; deposits (not beraing interest), 11,514,001 7s lld: deposits (bearing interest), £4.(02.033 10s 111. Total average liabilities, £12,071,032 8s (Id. Asseta.—Coined gold and silver and other coined lwrtal, JE1.G57.756 9s 4d: gold and silver in bullion or bars, £1037816 Js lld; notes and bills of other banks. £95.720 3s Cd: bilincos due from other banks, .£-21G0 2s lOd; landed property. £102,100 8s: amount of all other securities—notes and hills discounted, £1,003.600 Gs 2d; colonial Government eccuritie.s,,£c.92o7l s=; debts due to the bank (exclusive of debts abandoned as bad) £-1,820,950 12s 3d; securities not included under the above heads, fiSo.'IG? l"s 10d. Total average assets, £9,007,821 Cs lOd.