Page 2 Advertisements Column 3

Patea Mail, Volume III, Issue 38, 16 May 1889, Page 2

[ J I Seventy -Seventh Report of the i Directors of tlie I BANK OF NEW SOOTH WALES I |To tlto Half-yearly General Mooting' | j of the Proprietors, held at the Chief j : Banking House, on | i TUESDAY, 00th day of APRIL 1080 i The Directors have the pleasure to sub- ; n;it to tlio Proprietors a Statement of the i Assets and Liabilities of the Bank on .’list | March last, with the Auditors’ Report and ; Declaration. j The net profits for the Half-year, after deduc- ! ting Rebate on Current 1 Bills, Interest on depoi sits, paying Note Tax in j the Colonies, providing i for Bad and Doubtful y j Debts, and reducing val I nation of Bunk premises i amount to . . ■ 120,777 710 To which is to bo added—• Undivided balance from last Half-year . . .. 8,287 10 I i Giving'for distribution ..£128,8-11 011 | 'Which the Directors recommend to be | appropriated as follows : jTo payment of dividend at the rate of 17 per cent. per amiuiu£9o,77o 0 0 To Bonus at the rate of 21- per cent. per annum 17,027 0 0 To augmontaj tion of the 11 os er v u ! Bund . . 10,000 0 0 To Balance carried to “ Profit and Loss” Hew Account . . 0,4(5(5 011 £128.8-1-] 0 11 With the above appropriation the Reserve Fund will amount to £OOO,OOO | During' the past Half-year Branches of j the Bank have been opened at Numndora in this Colony and Brunswick in Victoria, Tlio Dividend will be payable at the Head Office to-morrow, and at the Branches on receipt of advice. For and on behalf of the Board of Directors, THOMAS BUCKLANI), President. AGGREGATE BALANCE SHEET OF THE BANK OF NEW SOUTH WALES, MARCH 31st, 1880. (Including London Branch to 01st December, 1888- and New Zealand Branches , Dividend at the rate of i 5 per cent. per annum .. 07,770 0 0 ~ Bonus at the rale of 2.1 per cent, per annum ... ... 17,(52 7 0 0 ~. • ugmeututiou of the Reserve Fund 10,0(0 0 0 ~ Balance carried to ‘‘Profit and Loss',” New Account ... 0,-1 GO 0 H £ 17(5,122 ; ; G Cr £ s D 1888. Sept \ By Amount from last 70. ) Account ... ... 8.257 id 1 1880. Mar ) By Balance of Half--81. ) year’s Profits after providing for had and doubtful debts, and including recoveries from debts previously written oft as barf... ...l-i7,BG(i 10 7 £17(5,122 G (5 | RESERVE FUND, MARCH G!, 188!), •‘Du. .2 n ! -March Gl. To Balance ... OGO.OiJU 0 0 TOGO.OOO u 0 (T. £ s j, ; -S.-pi 80. By Balance ...02 ,(u0 0 U i : , i s-Mar. Gl. Am.rant from 1 ; “ ITullt and Buss ” iO.OoO O 0 I _ _ ! TOGO/’OO U 0 I united. 20th A; rii, 1 sv*. 8 VIAi.V in;.; I A LI- Ki.ia C. BiijyoA. \