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BANK OF NEW ZEALAND.

The following is the statement of the average amount of liabilities and assets of the Bank of New Zealand in New Zealand during the quarter ended March 27, 1905: —

Liabilities.— Notes m circulation, £758,444 12si 4d ; bills in circulation, £27,559 10s ; balances due to other banks, £19,853 2s 9d ; Government! deposits, £2 071,510 7s 2<i ; other deposits (not bearing interest), £4,079,476 16s ; other deposits (bearing interest), £4,336.220 Os 3d. Total average liabilities, £] 1,293.36 i 8s 6d.

Assets. — Coined gold avid silver, and other coined metal, £1,626,354 14s ; gold pnd silver in bullion or bars, £71.830 18s 2d ; uot&s and bills of ether banks, j£663,354 17s sd ; balances! due from other banks, £1026 Os 6d; landed propoity, £103,158 16s 8d ; amount of all other securities — notes and bills discounted, £996,597 ios sd ; Colonial Government securities', £716,631 3? ; debts due to the bank (exclusive of debts abandoned as bad), £i 525,223 18s 5d ; securities not included under the above heads, £351,983 11s 6cl. Total average assets, £8,459,191 17s Id.

The Qwenstown paper hears on good authority that there is no hop© of the dailyservice between Queenslewn and Dunedin; being maintained during the winter. On Monday evening, at Tamete kapua, King George, of Tonga, was entertained by the Maori? with hakas end poi dances, the* chiefs at the same time extending a warm, welcome to him on behalf of the tribes. Tho King was also the recipient of many presents, consisting of mats, greenstone,, end curio*. On Tuesday morning a number of the "Whakarewarewa and Ohine-muttt Natives assembled at the Lake House Hotel 1 , where an address was given by the Revij F. Beunett, and here again King GeorgS was handed some costly gifhs by the meio? bers of the Arawa tribo.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19050419.2.72

Bibliographic details

Otago Witness, Issue 2666, 19 April 1905, Page 25

Word Count
293

BANK OF NEW ZEALAND. Otago Witness, Issue 2666, 19 April 1905, Page 25

BANK OF NEW ZEALAND. Otago Witness, Issue 2666, 19 April 1905, Page 25

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