COMMERCIAL.

Poverty Bay Herald, Volume VI, Issue 704, 27 May 1879, Page 2

COMMERCIAL.

A GOREUATE BALANCE SHEET X\. OF THE BANK OF JSiSW SOUTH WALES, March 31, 1879. (Including London Branch to 31st Decem- 1 ber, 1878, and New Zealand Branches „, to 3rd March, 1879), Dr. £ s. d. To Bank Stock 1,000,000 0 0 „ Keserve Fund ... 460,000 0 0 „ Notes in Circulation 668,854 0 0 „ Bills Payable ... 1,738,962 15 0 „ Deposits and other Liabilities ... 8,709,524 12 6 „ Protit and Loss ... 126,700 0 1 £12,704,041 7 7 Cr, £ s. d. By Coin and Cash Balances 2,658,167 10 4 „ Bullion in hand and in transit to London 272,305 14 9 „ Notes of other Banks 9,895 0 0 „ Bank Premises ... 304,512 19 0 „ Bills Receivable, Bills Discounted, and other Debts due to the Bank ... 9,454,540 14 11 „ Insurance Account... 4,619 8 7 £12,704,041 7 7 PROFIT AND LOSS, March 31,1879. Dr. £ a. d. March 31, 1879. To Rebate (at current rates) on Bills discounted not due at this date 24,448 11 9 „ Dividend at the rate of 15 per cent, per annum 75,000 0 0 „ Bonus at the rate of 2J per cent, per annum 12,500 0 0 „ Augmentation of the Reserve Fund ... 10,000 0 0 „ Balance carried to "Profit and Loss" New Account ... 4,751 8 4 £126,700 0 1 Cr. £ s, d. Sept. 30, 1878. By Amount from last Account 4,577 4 5 March 31, 1879. By Balance of Halfyear's Profit after providing for Bad and Doubtful Debts and including recoveries from Debts previously written off as Bad ... 122,122 15 8 £125,700 0 1 RESERVE FUND, March 31, 1879. Cr. £ s. d. 1879. March 31—To Balance ... 470,000 0 0 £470,000 0 0 Cr. £ *' d * ' ' 1878 Sept. 30-By Balance ... 460,000 0 0 1879. March31 -By Amount S fitand 10,000 o o £470,000 0 0 R. C. CtosE, James H. Nealk, Auditors. Audited 29th April, 1879.