BALANCE-SHEET OF THE NEW ZEALAND LOAN AND MERCANTILE AGENCY COMPANY (LIMITED).

Southland Times, Issue 3342, 7 March 1879, Page 2

BALANCE-SHEET OF THE NEW ZE ALAND LOAN AND MERCANTILE AGENCY COMPANY (LIMITED).

To 30th September, 1878, for New Zealand, and -•-"-' to 81st December. 1878, for London. Dr. £ s. d. £ s. d. To Capital, viz.:— £2 108 per share oil . 80,000 shares ...200,000 0 0 Calls paid in advance ... ... 14,320 0 0 £1 10s per share on 40,000 4th issue shares ... £60,000 Less Colonial . calls due Ist Nov«mber, 1878, in transit ... 5,551 54,449 0 0 __!_L 208,769 0 0 To Premium on 40,000 4th issue shares- ;.. ... ... 20,000 0 0 „ Reserve Fund ... ... ,120,000 0-0 „ Debentures issued and guaranteed Mortgages ... 2,385,672 0 0 „ Fixed deposits, bills received , . for collection, current accounts and debenture interest accrued; &c. ... ... "493,392 12 9 „ Bffls'payabte "246,219 7 10 „ Sundry amounts" payable in the colonies ... ... 157.584 6 7 „ Profit "for the year, after' de- • ducting all ,ex- , " „ penses, interest on debentures, ; deposits,* ' and mortgages, and writing of stationery, Ac. ... 58,091 6 1 Less interim di- . , vidend paid in July . ... 10,514 .7. 4 47,576 18 9 £3,739,214 5 11 Cn. £ s. d. By Cash on hand-with London and colonial bankers... 24,450 11 0 „ Acceptances on account of " produce ... ' ... . ... 159,912 18 5 Investments, viz.:-p , • Colonial' Gov- 1 ernment and other Securities" ! 169,635 14 3 Shares Invest-' >' - ments ... ■' 9,876 5 0 179,511 19 3 By Loans on mortgage ...2,175,215 6 7 „ Bills receivable 232,404 10 5 „ Wool and produce advances current accounts, &c.' .".. 554,943 17 8 „ Company's -premises, stores, and plant „'... - 59,829 18 7 „ Sundry Amounts receivable in the colonies 352,945 4 0 £3,739,214 5 11 profit aot* loss account. Dr. . 1878. £ s. d Feb. 9. To Dividend at the rate ■, t of 10 per cent, per annum for 6 months -to 31st Dec, 1877, and interest ""on calls paid on advance ... 9,209 0 ,0 - „ Bonus at 5 per cent.... 8,663 19 0 ' Carried toreserve fund 12,000 0 0 „ Carried forward ... 3,548 2 9 £33,421 1 9 July 4. To interim dividend at the rate of 10 per . cent, per annum to 30th June- (with interest on calls paid in, advance) ... 10,514 7 4 Dec. 31. „ Balance of charges account 37,043 16 10 „ Balance of furniture account ... ... 727 0 3 „ Balance of account for ' ' stationery, telegrams, and printing reports, ' monthly" circulars, catalogues, <fee. ... 4,521 16 4 „ Income tax - 648 16 , 8 - „ Balance £58,091 6 1 Lees interim divir dend paid as. above £10,514 7 4 47,576.18 9 £101,032 16^,2 CR. ' 1877.Dec. 31. By balance at this date 83,421 1 9 1 'r • ' 1878, ' ' Feb. 9, JJy balance brought for- " ,oyavd 3,548 [2 9 Dec. 31- ',] balance of / com mis-' '„ S 9 ', ' sion and interest ac- ' " - .icounti. - v .^-. • ... 97,484 13 5 .-,„-..., *'- r , " £101,032 16.2. Expenses, viz. : £ , s., d. Rent and Insurance of London & ■ Colonial Offices 2,744 16 1 Directors' and Auditors' Fees, Officers' Salaries and Wages .... 29,933 17 0 Advertising, Postages and Periodi-, cals ... ... ... ... 1,552 6 6 Law and Notarial Charges . ... 158 18 11 Tj-a veiling Expenses, (fee, in Colonies ... ... 1,209 19 2 Stamps for Bills of Exchange, &c. ' 375 11 10 Cost of Business Licenses under - N.Z. Stamp Act 350 0 0 Sundry Incidental Expenses ... 718 7 4 £37,043 16 10 I have examined the foregoing Balance Sheet, and I hereby certify that it contains a full and fair statement of the Accounts of the Company. Charles J. Taylor, Auditor. We, the undersigned Public Accountants, hereby certify that on behalf of Mr Robert Fletcher, the senior member of our late firm, R. Fletcher & Co., we have examined the foregoing Balance Sheet, and find that it contains a ■full and fair statement of the Accounts of the Cornpanv. R. MACKAY & Co., (Late R. Fletcher & Co.) Public Accountants. 11th January, 1879. - NEW ZEALAND WOOL IMPORTERS, 1878. New Zealand Loan and Mercantile Agency Co, 38,104 bales; National Mortgage and Agency Company of New Zealand, 14,949 do ; Dalgety, Dv Croz and Co, 10,297 ; Miles Brothers and Co, 9915 do ; Australian Mortgage, Land, and Finance Company, 8,999 do ; Redfern, Alexander and Co, 8,643 do ; Potter, -Wilson and Co, 8227 do ; Sanderson. Murray 'and' Co^ 7905 do ; New Zealand and Australian Land Co, 7878 do; A L Elder, ' 6448 do ; N Edwards and Co, 5497 do ; Johnson ; and Allsnp, 4982 &o: James Morrison and Co, 4010 do ; R Campbell, 3940 do, R Brooks and Co, 2944 do; Bank of New South Wales, 2488 do; Richardson Brothers'and Co, 2340 do ; Matheson and Co, 2240 do, Thomas Anderson, 1768 ; Bank of Australasia, 1620 do ; Edwards, Bennett and Co, 1474 do; Scales and Rogers, 1297 do ; Alexander Sclanders and Co, 1244 do; F Huth and Co, 1016 do ; New Zealand Meat Preserving Co, 997 do ; Atkins'and Co, 759 do; F T'Elworthy, 659 do ; Fenwick and Co, 648 do; L D Nathan and Co, 598 do ; Sinclair, Hamilton and Co, 565 do ; Henry Fulton, 514 do ; Anderson, Anderson and Co, 198 do ; R Jowitt and Sons, 484 do ; W. Bateman and Sons, 478 do Ross and Gleni denning, 447 do : It Gray, 426 do ; Otago and Southland Investment Company, 383, do ; Owen 1 and Graham, 375 do ; W S Grahame, 334 do ; N F Robarts and Co, 314 do ; Mort and Co, 300 do; JMcEwan and Co, 283 do; S Bealey, 277 do ; Kennard aud Co, 273 do ; Bowes, Game, and Co, 269 do ; J Terry and Co, 265 do ; G W Lupton, 235 do ; R Whittingham and Co, 231 do; Findlay, Campbell, and Co, 208 do; Manning and Co, 205 do ; Baring Brothers and Co, 177 do ; F H and A Collier, 163 do ; R Philpott, 161 do ; Donaldson, Lambert, and Co, 155 do ; Forbes, Forbes, and Co, 151 do; Southern, and Co, 142 do ; R T TurnbuU and Co, 132 do ; Frith, Sands, and Co, 124 do; W Grice and'Co,<l>22,do; R Richardson, 100 do;, Paton and Grant', 98 do'; Bowley'arid'Bristow, 81 "do ; J Nathan and Co, 7$ 'do 5 J 'Taylor, 70 do r^A Durant and Co, 69,d0 ; J Hassell, 68 do ; B S . Lloyd • and Co, G7 do ; G- Gibson, 66 do ; T Barlow and Brother, '50 do ; quantities below 50 bales, 620 do. AUSTRALASIAN AND CAPE WOOL IMPORTERS, ' 1878. *' New .Zealand Loan and, Mercantile Agency Co, 65,228 'ba1e5; Dalgety, DuCroz, and 'Co. 51,753 ; Australian Mortgage, Land, and Finance Company, 51^031 do ; National Mortgage and Agency Company of New Zealand, 14,949 do ; New Zealand and Australian Laud Company, 10,5(52 do. , '