Commercial.
The amount of revenue received at the Customhouse on. goods cleared for consumption Jay was L 942 0s 4d. *
TWENTY-SEVENTH REPOET OF THE BANE OP NEW ZEALAND. Tie twenty-seventh report of the directors of the Bank of Now Zealand to the half-yearly general meeting ef the proprietors, held at the Bankinghouse, Auckland, on Thursday, the 29th April, 1875: — The directors are enabled again to meet shareholders with a report and balance-sheet which cannot fail to he satisfactory. The Net Profit at 31st March, after making very full allowance for all bad and doubtful dependencies, and towards reduction of Bank Premises and Furniture Accounts, amounts to £48,058 4 10 Te which has to be added— Balance ef undivided Profit at 30th September, 1874 £13,916 6 3
Making a Total available for division of « £61,97411 1 The following appropriation of which is now recommended— To Payment of Dividend at the rate of 10 per cent per annum £30,000 0 0 To bonus of 5s per share, equal to 5 per cent per annum £15,000 0 0 To balance carried W profit and Loss New Account £16,974 11 1 _ The dividend and bonus will be payable at the Head Office, Auckland, two-morrow (Friday), 30th April, and at the branches bn receipt of advice. For the Board of Directors, James WILLIAMSON, f!ba.irmn'n, AOGEEGATB BALANCE SHEET OP THE BANK OP HEW ZEALAND, At 31st March, 1875, including London Office, to 31st DecemberTlß74.
£IBO,OOO 0 0 Audited I - *- DIQNAN, AUDITED | eHAS> J TAYIjOEi
Dr Bank stock Reserve fund Notes in circulation Bills payable in circulation Deposits and other liabilities Balance of profit and loss, at 30th September, 1874 Net profit for half-year £ s. d 600,000 0 0 180,000 0 0 468,420 0 0 1,450,368 0 6 3,884,117 15 3 13,916 6 3 48.058 4 10 „ £6,644,880 6 10 Cr. £ g, d. Coin and Cash Balances 607,403 0 10 Bullion on hand and in transitu ... 256,664 12 10 Government Securities 300,000 0 0 Landed Property, Bank Premises, Furniture, he. ... 102,620 1. 3 Bills Receivable, and Securities in London 1,477,029 8 6 Bills discounted and other debts due to the Bank 4,001,163 3 4 £6,644,880 6 10 PROFIT AND LOSS ACCOUNT. Dr. £ s. d. To dividend at the rate of 10 per cent, per annum ... ... 30,000 0 0 To bonus of 5s per share, equal to 5 percent 15,000 0 0 To balance carried to profit and loss, „ new account... 16,974 11 1 Cr. By balance profit and loss, at 30th September, 1874 By net profit for half year, after writing off bad debts , £61,974 11 1 , 13,916 6 6 > 48,058 4 10 £61,974 11 1 RESERVE FUND. Dr. To Balance „ B . 180,000 8. 0 d. 0 £180,000 0 0 Cr. By Balance from last Statement .. . 180,000 0 0
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https://paperspast.natlib.govt.nz/newspapers/ESD18750513.2.21
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Evening Star, Issue 3812, 13 May 1875, Page 3
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462Commercial. Evening Star, Issue 3812, 13 May 1875, Page 3
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