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2

BANK OF NEW ZEALAND. A.—Balance-sheet at 31st March, 1924.

Liabilities. Capital — 4-per-cent. guaranteed stock Preference " A " fully paid £1 shares issued to the New Zealand Government Preference " B " fully paid £1 shares issued to the New Zealand Government Ordinary shares of £1, fulh T paid £ s. d. 529,988 10 6 500,000 0 0 1,000,000 0 0 3,000,000 0 0 £ s. d. 5,029,988 10 6 Assets. £ s. d. £ s. d. Coin, cash balances, and deposits with bankers .. .. .- 7,196,347 15 0 Government notes —Commonwealth, Fijian, and Samoan Administration .. .. .. .. .. .. 137,178 15 0 Notes of other banks (legal tender) .. .. .. .. 29,695 0 0 Balances due by other banks .. .. .. .. .. 26,927 8 7 Bullion on hand and in transit .. .. .. .. .. 10,36061 Money at call and short notice, Government securities, and other securities in London .. .. .. .. 5,477,173 9 2 Bills receivable in London and in transit .. .. 5,695,080 19 3 11,172,254 8 5 New Zealand Government securities .. .. .. .. 3,579,481 12 6 Reserve Fund 1,828,453 9 11 Notes in circulation 4,072,101 10 0 Deposits ' 30,501,719 14 5 Australian Government securities .. .. .. .. 1,784 ,834 19 8 Balances due to other banks 102,906 10 3 Municipal securities .. .. .. .. .. .. 973,802 0 1 Bills discounted .. .. .'. .. .. .. 1,341,191 6 5 Bills payable and other liabilities (including provision foi contingencies) 3,265,519 14 3 Other advances and securities and debts due to the bank, after deducting provision for bad and doubtful debts .. .. 18,787,100 15 7 Reserve for taxes 426,000 0 0 London Office acceptances under credits 363,704 7 9 Remittances in transit between branches.. .. .. .. 1,100,408 0 4 Landed property, premises, &c. .. .. .. .. .. 352,474 4 1 Balance of profit and loss 1,265,367 2 5 Liabilities of customers for acceptances, per contra .. .. .. 363, 704 7 9 £46,855,760 19 6 £46,855,760 19 6 £46,855,760 19 This is the balance-sheet referred to in the certificate on attached Profit and Loss Statement, marked " B." —Richard W. Gibbs, Chief Auditor.