Page 14 Advertisements Column 1

Otago Daily Times, Issue 19204, 21 June 1924, Page 14

BANK OF 3WSW ZEALAND. Abridged Balance-Sheet as at 3i st March, 1924. LIABILITIES. ASSETS. Capital. 4% Guaranteed Stock .. .. «. Preference “A” Shares, fully paid, issued to the New Zealand Government Preference “B ” Shares, do. do. Ordinary Shares, fully paid ... £ s. d. 529,988 10 6 500,000 0 0 1,000,000 0 0 3,000,000 0 0 5,029,988 10 6 Coin, Bullion, Cash Balances and Deposits with Bankers •. Notes of Commonwealth and Fijian Governments and Samoan Administration and Legal Tender Notes of Other Banks Balances due by Other Banks Money at Call and Short Notice, Government and other Securities, and Bills Receivable in London and in transit .. .. Investments in Government and Municipal Securities in New Zealand and Australia .. Bills Discounted and other Advances and Securities and Debts due to the Bank Landed Property, Premises, etc. Remittances in transit between Branches Liabilities of customers for acceptances, per contra .. .... ... • • £ s. dL 7,206,708 1 1 166,873 15 0 26,927 8 7 11,172,254 8 5 6,338,118 12 3 20,128,292 2 0 352,474 4 1 1,100,408 0 4 363,704 7 9 46,855,760 19 6 46,855,760 19 6 PROFIT AMD LOSS. Twelve months’ interest on Guaranteed Stock .. 21,199 9 6 Dividend paid 15th December, 1923, on Preference Shares „ Ordinary Shares .. Balance „... 75,000 0 0 150,000 0 0 1,265,367 2 5 Balance brought forward from last year Balance of Profits for the year ended 31st March, after provision for Bad and Doubtful Debts, and contingencies .. Surplus on Realisation of British Government Securities Provision previously made for certain Doubtful Advances not now required ..... .. 421,957 6 4 757,031 6 9 148,112 9 10 184,465 9 0 Balance >-« tea too eb 1,511,566 11 11 1,511,566 11 11 r.-» RESERVE FUND. 2,325,000 0 0 Balance per last statement .. w 1,825,000 0 0 Premium on 2,205 Shares (fractions and unallotted) sold by tender .. 3,453 9 11 Amount to be added from Profits lor year ended 31st March, 1924 ... ... 496,546 10 1 2,325,000 0 0 2,325,000 0 0

AGGREGATE BALANCE SHEET OF THE Bank of New South Wales 31IST MARCH, 1924 LIABILITIES. £ s. d. Notes In Circulation 695,702 0 0 Deposits, Accrued Interest and Rebate 55,043,477 19 4 Bills Payable and other Liabilities (which include Reserves held for Doubtful Debts, Amount at Credit of Investments Fluctuation Account, and Amounts Duo to Other Banks) .. .. Paid up Capital £6,000,000 0 0 Reserve Fund £3,000,000 0 0 Profit and £ s. d. Loss 613,150 3 0 Less Interim Dividend to 31st Dec. 1923 150,000 0 0 _ 4r,r>.'!'’9 3 0 £ s. d. 55,739,179 19 4 9,747,919 1 5 10,303,159 3 0 Ji75.550.258 3 9 Continernt Liabilities — Outstanding Credits, as per Centra ?,358.821 10 2 n " 2no 079 13 11 48,107 10 550,000 1,550,000 0 ASSETS. £ Coin, Bullion, Government Legal Tender Notes and Cash at Bankers 13,061,872 Notes of other Banks Money at short call in London Short-dated British Treasury Bills .. Investments —British and Colonial Government Securities Investments —Municipal and other Securities Due by other Banks Dills Receivable in London & Remittances in transit s. d. s. d 5 0 0 0 Wheat Pool Advances Advances under Government Sugar Pool Bills Discounted and Loans and Advances to Customers Bank Premises 33,198,452 2 666,715 15 41,036.000 850.000 99.000 0 0 5 It 0 0 £75,850,358 3 9 of Customers and others on Letters of Credit as per Contra 2,358,821 10 2 £7B 200.079 13 11 PROrn vND LOSS, 31st MARCH. 1924 | t 0 interim Dividend for Quarter ended ’ 31st December, 1923, at 10 per cent, per annum, paid in terms of Clause CV. of Deed of Settlement out of the Haif-year’s Profits Balance proposed to l)e dealt with as follows: Po Quarter’s Dividend to 31st March, 1924, at the rate of 10 per cent, per annum out of the Halfyear's Profits .. . .£150,000 Po Augmentation of the Reserve Fund .. .. 150,000 Fo Balance carried forward .. • • • • 163,159 0 0 0 0 3 0 £ 150,000 463,159 s. d. £ s. d. By Amount from last Account .. 154,538 11 4 „ Balance of Half-year’s Profits after deducting Rebate on Current Bills, Interest on Deposits, paying 0 0 Income, Land and Other Taxes amounting to £106,635:0:9, reducing valuation of Dank Premiers, providing for Bad and Doubtful Debts and fluctuations In the value of Investment Securities, and including recoveries from Debts previously written off as bad „. • • .. .. 458,620 11 8 OSCAR LINES, Gen-total Manager. W. E. SOUTHERDEN, Chief Accountant. HARRINGTON PALMER ( S. E. LAIDLBY 1 Auditors. Audited 20th May, 1924.

£SOO for £25 This is a veiy conservative estimate of the return from One Rond in N.Z. Perpetual Forests, Ltd. ONE BOND SECURES AN ACRE OF LAND AT PUTARURU PLANTED WITH GBO TREES, WHICH WILL BE CARED FOR UNTIL MATURITY. IN 20 YEARS THOSE TREES SHOULD BE WORTH AT THE VERY LOWEST ESTIMATE £SOO. In Wanganui to-day a planter is receiving as much as £lO to £ls per TREE, A small calculation will prove to you the wonderful possibilities of this investment. The £25 can bo subscribed by easy payments spread over Five Years. FILL IN THE COUPON provided below and learn the full and convincing facts. PROVIDE FOR THE FUTURE To the Secretary, N.Z. PERPETUAL FORESTS, LTD., 403 Smith’s Buildings, Albert Street, AUCKLAND. Dear Sir, — Please send per return and without obligation to me, full particulars regarding the money to be made out of commercial tree planting. Name Address

SOAP THAT IS STERILISED! The methods used in the manufacture of “Velvet” Soap render it absolutely free from bacteria and perms of every kind. This is guaranteed by analysts’ tests. “Velvet” is a safe, pure, and sterile soap, specially suitable for laundry and household use. If your grocer cannot supply you. send your address to Box 271, Olinstchureh.—Advl.

Tropical trees at ilia British Empire Exhibition are planted in their native soil, tons of which have been procured for this purpose.