Page 19 Advertisements Column 2

New Zealand Tablet, Volume V, Issue 262, 10 May 1878, Page 19

T>JuN-K ..OJ NEW ZE-AJLAND. The thirty-third half-yearly meeting of the shareholders wn.9 held on April 25, in the Banking-house, Queen-street. Auckland. — J. L. Campbell, Esq., Chairman of the Board of Directors, presiding. The General manager (Mr. D. L. Murdoch) read, the minutes of the last half-yearly meeting, which were confirmed. The General Manager read the half-yearly report and balancesheet as follows : — Thirty-third Report op the Directors of the Bank of New Zealand, to the Half-yearly General Meeting of the Proprietors, held at the Banking-house, Auckland, on Thursday, 25th April, 1878. The Directors have much pleasure in again meeting shareholders with a favourable report, which affords evidence of continuod progress and success : — The net profit at 31st March, after making ample appriatiou for all bad or doubtful dependencies, and for reduction of Bank premises and furniture, amounts to £82,567 19 4 To which is to be added — Balance of undivided profit at 30th September, 1877 1,790 4 5 Making a total available for division of ... ... £84,358 3 9 The following appropriation of which is no nowreeom* mended — To payment of dividend at the rate of 10 per cent, per annum ...£36,250 0 0 To bonus of ss. per share, equal to 5 per cent, per annum ... ... 18,125 0 0 To proposed increase to reserve fund 25,000 0 0 To balance carried to profit and loss new account ... 4,983 3 J) : £84.358 3 9 The dividend and bonus will be payable at the head office, Auok« land, on Friday, the 26th April, and at the branches on receipt of advice. For the Board of Directors, J. Logan Campbell, President. Aggregate Balance-sheet of the Bank of New Zealand at 31st March, 1878, including London Office, at 31st January, 1878 : — Dr. A a. d. Bank stock... ... ... ... ... 725,000 0 0 Reserve Fund ... ... .... ._ . 300,000 0 0 Notes in circulation ... ... ... ... 502,557 0 0Bills payable in circulation ... ... ... 2,138,674 5 5 Deposits and other liabilities ... ... ... 6,800.070 4 9 Balance of profit and loss at September 30th, 1877 1,790 4 5 Net profit for half-year ... ... ... 82,567 19 4 £10,550,659 13 11 Cr. Coin and cash balances ... ... ... 972,834 6 9 Bullion on hand and in transitu ... ... 452,880 11 0 Government securities ... ... ' ... 770,000 0 0 Bills receivable, and securities in London ... 2,073,104 14 10 Landed property, Bank premises, furniture, &c. ... 124,31115 4 Bills discounted, and other debts due to the Bank 6,157,528 6 0 £10,550.659 13 11 PROFIT AND LOSS ACCOUNT. Dr. To dividend at the rate of 10 per cent, per annum 36,250 0 0 To bonus of 5s per share ... ... ... 18,125 0 0 To proposed increase, of Reserve Fund ... ... 25,000 0 0 To balance carried to profit and loss, " new account" ... ... ... ... 4,983 3 9 £84,358 S 9 Cr. By balance of profit and loss at ftst March, 187S 82,557 19 4 By balance from last half-year ... ... 1,790 '4 5 £84,30S 3 9 RESERVE FUND. Dr. To balance ... ... ... ... ... 325,000 0 0 325,000 0 0 ■ Cr. By balance from last statement " ... ... 300,000 0 0 By proposed addition ... ... ... 25,000 0 0 £325,000 0 0 Audited, • G. P. Pierce, ) Auditors B. Tonks, \ Auditors. £100 REWARD. WHEREAS, some evil disposed Person or Persons did wilfully damage two Railway Carriages, whilst standing in the.Duneclin Station Yard on the 24th, or morning of the 25th April, by cutting the linings, cushions, window straps, and leather hinges ; this is to give notice that the above Reward will be paid to anyone who shall give such information as shall lead to the conviction of the Offender or Offenders. WM. CONYERS, Commissioner of Railways. • Commissioner's Office, Ohrigtchurch, Ist May> 1878,