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BANK OF NEW ZEALAND. Balance-sheet at 31st March. 1939. Liabilities. Assets _ Capital— £ s. d. £ s. d. £ s d £ s d Preference A fully paid £1 shares issued to the New Zealand Coin, Reserve Bank notes, and deposits with bankers .. 7 677 918 18 2 Government 500,000 0 0 Government notes: Commonwealth, Fijian, and Samoan C long-term mortgage fully paid £1 shares issued to the Administration 98 736 15 0 New Zealand Government 234,375 0 0 Balances due by other banks 42'439 3 11 D long-term mortgage fully paid £1 shares .. .. 468,750 0 0 Money at call and short notice, Government securities and Preference B fully paid £1 shares issued to the New Zealand other securitiess in London .. .. . 4 391 263 2 10 Government 1,375,000 0 0 Bills receivable in London and in transit .. .. 931,876 15 8 Ordinary fully paid £1 shares .. .. .. 3,750,000 0 0 New Zealand Government securities .. .. 5,540,847 0 7 t, i /• t ■ t. , 6,328,125 0 0 Australian Government securities .. .. .. 488,075 6 5 Reserve Fund (invested m British Government securities) 3,575,000 0 0 Municipal and other local bodies'securities .. 265 589 110 Long-term mortgage debenture stock .._ 607,050 0 0 Remittances in transit between branches .. .. 1,978'715 0 8 Notes m circulation 627 00 ' 21415 461 <5 1 Deposits .. 33,328,478 19 0 Bills discounted .. .. " '529'654 11 9 Baances due to other banks 27,717 7 0 Other advances and securities and debts due to the bank, Bills payable and other liabilities (including provision for contingencies) .. 5,248,240 2 3 after deducting provision for bad and doubtful debts 26 673 085 0 4 Reserve for taxes 426,000 0 0 Landed property, premises, &c. " " '738' 022 14 9 London Office acceptance under credits 41,342 19 1 Liabilities of customers for acceptances, per contra .. .. 41 '342 19 1 Transfers from Long-term Mortgage Department 458,698 10 8 Long-term Mortgage Department 1 3i0'175 0 0 Balance of profit and loss .. .. .. .. .. .. 666,461 13 0 ±,oiu,i/o u u ; : £50,707,741 11 0 £50,707,741 11 0 Long-term Mortgage Department. Long-term Mortgage Fund— , £ s d £ a P ita ! ;■ 703,125 6 6 Loans .. : 851 476 9 4 Debenture stock .. .. 607,050 0 0 Transfers to bank 458,698 10 8 £1,310,175 0 0 £1,310,175 0 0 This is the balance-sheet referred to in the certificate on attached Profit and Loss Statements marked " B."~ A. Hempton, Chief Auditor.

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