B—ls

"A "— continued BANK OF NEW ZEALAND Balance-sheet at 31st March, 1950 Liabilities £ s. d. £ s. d. Assets £ s. d. £ s. d. Capital—• Coin, Reserve Bank notes, and Preference A fully-paid £1 shares 500,000 0 0 deposits with bankers.. .. 37,468,919 6 2 C long-term mortgage fully-paid Government notes: Commonwealth, £1 shares .. .. .. 234,375 0 0 Fijian, and SamoanAdministration 291,899 16 9 D long-term mortgage fully-paid Balances due by other banks .. 1,319,060 13 6 £1 shares .. .. .. 468,750 0 0 Money at call and short notice, Preference B fully-paid £1 shares 1,375,000 0 0 Government securities, and other Ordinary fully-paid £1 shares .. 3,750,000 0 0 Securities in London .. .. 7,173,206 10 3 6,328,125 0 0 Bills receivable in London and in Reserve Fund (invested in British transit .. .. .. 2,345,192 2 10 Government securities) .. .. 3,575,000 0 0 New Zealand Government securities 6,998,267 9 11 Deposits .. .. .. .. 83,826,003 6 4 Australian Government securities 609,893 12 8 Balances due to other banks .. .. 49,567 6 2 Fijian Government securities .. 158,250 13 6 Bills payable and other liabilities Municipal and other local bodies' (including provision for contin- securities .. .. .. 1,070,694 15 3 gencies) .. .. .. .. 7,493, 396 14 0 Remittances in transit between Provision for taxes .. .. .. 520,000 0 0 branches .. .. .. 5,362,425 19 8 London Office acceptances under ( 62,797,811 0 6 credits .. .. .. .. 157,014 10 1 Bills discounted .. ... .. 1,122,169 0 3 Balance of profit and loss .. .. 636,326 14 11 Other advances and securities and debts due to the Bank, after deducting provision for bad and doubtful debts .. .. .. 36,425,717 15 2 Landed property, premises, &c. .. .. 1,212,512 3 2 Liabilities of customers for acceptances, per contra .. .. 157,014 10 1 I Long-term Mortgage Department .. 870,209 2 4 £102,585,433 11 6 £102,585,433 11 6 All assets and liabilities are expressed in New Zealand currency.

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