COMMERCIAL.

Poverty Bay Herald, Volume VII, Issue 1053, 19 March 1880, Page 2

COMMERCIAL.

BALANCE SHEET OF TOB NEW ZEALAND LOAN AND MERCANTILE AGENCY COMPANY, Limited, To 30th September, 1879, for New Zealand, and to 31st December, 1879, for London. Dr. To Capital, via:- --* s. d. £ s. d. £2 10s per share on 180,000 shares 300,000 0 0 Calls paid in advance .. .- 14,320 0 0 —I 314,320 0 0 „ Reserve Pond 160,000 0 0 „ Debentures issued and Fixed " Deposits 2,657,725 0 0 „ Guaranteed Mortgages 167,494 0 0 „ Bills received for collection, Current Accounts, and Debenture Interest accrued Ac. .... 313,303 19 7 „ Bills Payable 133,641 2 5 „ Sundry Amounts payable in the " Colonies .. „ 250,810 8 3 „ Profit for year, after deducing all Expenses, Interest on Debentures, Deposits and Mortgages, and writing off Stationery, &c. .. .. 53,216 14 2 Less Interim Dividend paid in July .. .. 14,358 12 10 *^ -1 38,857 1 4 £4,036,151 11 7 Cr. By Cash on hand with |London and Colonial Bankers 142,868 9 11 „ Acceptances on Account of Produce .. .. .. 98,875 5 7 „ IXVIBTMBNTS, viz.— Colonial Governand other securites 46,938 13 1 • Share Investments 15,527 15 0 62,866 8 1 „ hmm on Mortgage . . . . 2,441,996 13 4 „ Loans on Mortgage guaranteed per contra .. 167,494 0 0 „ Bills Receivable 194,310 11 3 Wool and Produce Advances, Current Accounts, &c 594,289 9 10 „ Company's Premises, stores and Plant 66,986 4 3 „ Sundry Amounts receivable in tqe Colonies 268,978 9 4 £4,036,151 11 7 Profit and loss account £100,752 16 0