Page 4 Advertisements Column 6

Evening Star, Issue 3110, 6 February 1873, Page 4

r. Wi Ed Jol Wi Tb Th Th fciol geographical position —ia the energetic, prudent, and persevering character of its population—in climate, soil, and minerals ; and offers abundant opportunities for the remunerative employment of capital, which, up to the present time, has been supplied partly through the medium of two local Banks, and partly by Branches of Australian Banks. The local Banks transacting business are— The Bank of New of New Zealand, with a capital of ... £600,000 The Bank of Otago, with a capital of 231,530 It is propose by this Bank to take over the business of the latter institution. The Bank of New Zealand, established in 1862, has never paid its shareholders less than 10 per cent, per annum Besides these Banks, the following have Branches in the Colony :—The Union Bank of Australia, the Bank of New South Wales, and the Bank of Australasia.

The aggregate circulation of Notes of these Banks, as at 31st December, 1871, was ... ... £588,293 The aggregate amount of Deposits 3,569,721 The aggregate amount of Bills Discounted, and other securities 4,189,826 In 1860. In 1870. The Population of New Zealand (exclusive of Natives) was ... ... 99,000 260,000 The Holdings of Land were ... acres 635,982 22,774,498 The Live Stock—horses, cattle, sheep -was ... head 2 982,943 10,218.299 The Wool exported lbs 6,665,883 37,039,763 The Revenue from all sources £663,976 £2,224,398 The Imports, total value £1.548,333 £4,639,015 The Exports ... £588,953 £4,822,756 The Shipping, vessels cleared outwards, 1860. 398 of 140,293 tons, in 1870, 766 of 265.4 7 tons. The Shipping, vessels entered inwards, 1860. 398 of 140,293 tons, in 1870, 756 of 273,151 tons. The total value of gold exported from the Ist January to the 30th September, 1871, was L 2.191,205, or L.33,620 more than the total value for the whole of 1870. The Directors are prepared to commence business forthwith, and believe that the capital to be called up can be safely and profitably employed without encroaching on the field already occupied by similar institutions. It is intended to apply to the Legislature of New Zealand, in their next Session, for an Act authorising the issue of notes in the Colony, and for other general purposes ; and to make any consequential alterations in the constitution of the Company in respect of the liability of the Shareholders, which may be required to accord with the conditions affecting the other Banks now issuing notes in the Colony. Copies of the Memorandum and Articles of Association can be seen at Hesketh and Richmond’s, solicitors, Auckland; A. De B. Brandon, solicitor, Wellington ; A. W, Morris, Dunedin ; Johnlnglis, Christchurch; Charles Y. Yell, barrister, Nelson. Application forms for shares can also be obtained from the undersigned, who will be glad to furnish any further information respecting the Bank that may be required. By authority of the Board, W. S. GRAHAME, Director. Auckland, January, 1873. THE NATIONAL BANK OF NEW ZEALAND (Limited). SPECIAL NOTICE. APPLICATION for the 33,333 shares reserved for the Colonies will now be received by the Union Bank of Australia at their various branches in New Zealand, who will supply the necessary “ Forms of Application for Shares,” and receive the deposit of Ten Shillings per Share applied for. Should no allotment be made, Deposits will be returned in full. The Share List will close on 14th February. By authority of the Board. W. S. GRAHAME, Director, Auckland! 13th Jauuaiy, 1873.