Page 4 Advertisements Column 4

Otago Daily Times, Issue 19249, 13 August 1924, Page 4

THE NATIONAL BANK OF NEW ZEALAND LIMITED. BALANCE SHEET AS AT 31ST MARCH, 1924. LIABILITIES. £ s. d, Notes in Circulation 936,541 0 0 Deposit and Current Accounts - • 11,442,153 10 4 Bills Payable and other Liabilities (including provision for Doubtful Debts and Depreciation of investments) 1,701,313 9 6 Authorised Capital—£4,soo,ooo s. d. 14,080,007 19 10 2,804,502 0 5 £16,884,510 0 3 ASSETS. s. d. Coin and Bullion at Head Office & Branches 977,708 2 Cash at Bankers .. 458,819 15 Investments in British Government Treasury Bonds and New Zealand War Loans .. 2,173,085 19 Bills Receivable in London and in Transit .. ,3,312,052 11 Remittances in Transit between Branches . * 278,967 7 4 $ 6. d> Bills Discounted and Advances on Securities and Current Accounts . • • • 9,291,646 9 Premises and Furniture 392,229 15 7,200,633 15 11 9,683,876 4 4 £16,884,510 0 S PROFIT AND LOSS ACCOUNT. £ s. d. £ s. d. To Interim Dividend for the half-year ended 30th September, 1923, at the rate of 12 per cent, per annum .. 75,000 0 0 To Premises .. .. 20,000 0 0 —. 95,000 0 0 Proposed Allocation oj Balance — Dividend for the half-year ended 31st March, 1924, at the rate of 12 per cent.perannum £75,000 Bonus of 2 per cent. . .. 25,000 294,502 0 5 £389,502 0 5 £ By Balance at Ist April, 1923 By Gross Profits for the year ended 31st March, 1924, after making provision for Bad and Doubtful Debts .. • • 603,835 2 2 Less Expenses of Manage- . ment, Directors’ Remuneration and charges at Head Office and 79 Branches and Agencies 359,400 10 0 , 243,934 13 8 Note.—Rates and Taxes other than Income Tax £48,203 . ■ " Income TaxNew Zealand £68,190 British 49,521 , 117,711 £165,914 £389,502 0 5 s. d. £ s. <L 145,567 7 8 At an Extraordinary Meeting—subsequent to the Ordinary Meeting—on the 2nd July, 1924, a resolution was adopted authorising the Directors to increase the Capital from £4,500,000 to £6,000,000 by the creation of 200,000 new shares of £7 10/- each.

The animals of Japan closely resemble those of China, the only plausible explanation of this being that formerly there was ;i land cona&ction.

For Nasal Catarrh, "Nasol” acts like 3 charm. Penetrating and pemn-killing. No cold is NAZOL-proof. Sixty doses Is 6d.— Advt.