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BANK^6f'ne\v SOUTH^WALES.I ;" Li^hiy- first Report of the Directors of taei''iJauk of. New South Wales to tha half-ve-«ly Kenerul meeting ofthe pro- / prietor.-, hold- at the Chief- Banking ilouse ou Thursday, the- 30th day of Aptil. 1891. TIIE .directors have the pleasure to sublbit'to the prbprieloi^ a , statemei t ot the asbetband liabilities' of 'tlie Barik*on .JlcL March last, with the auditors' report aud itecicU ation. Tne nee proiits for the half year, atter deducting rebate on current bills, interest on deposits, paying note and other taxes in the colonies, providing for had ■and doubLfnl debts, and reducing valuation of Bank prennsea,amouut to , ,£119,898 16 11 To whicii is to be added— Undivided balance from last half-year 8,404 4 6 Giving for distribution £128,301 1 5 W T hi c h the directors recommend to be t appropriatod as follows— To payment of dividend at .the, 7 rate.pf 15 t per cent'per annum ... £93,7,50 0 0 To bonus at the'rate of 2^per '-cent'per 'annum... 15,625 0 0 -To augmentation" of the ' Re-serve-Fund :.. 10,000 0 0 "To balance' carried to Profit'and Loss,* New ,\ 8,926 1 ■ 5 £128,301 1 ' 6 ' With the above appropriation the Re'Serya Fund will amount, to £970,000. During, tthe, past, half-year branches of , the Bank have b%eri'qjeue"d t at f Daneyirke - in New Zealand, ahef at . Wariagul in* Victoria., ji* ;r ' 0 ; - ' \ For and on behalf of, the directors, > M j ~ Thomas B'uckl'and'J '*' " -'" '* .'- President. " aggregate balance/sheet, march 31, '91 -{Including London branch tb 31st December^' 1890, and' New Zealand branches - to 2ria Marchrlß9l)f ' riJ ;( ; ' ' Div; .._ _£ s. d. To Pi oprietorsj capital, 62,500 shares, £20 -eao-, inlly'paidup... 1,250,000 0 0 „ ,7R__;rye Fund '^ ' ... '" 960,000 '0 0 „ Nofes 4h, circulation -714,508 0 0 , ,„ Bill's 1 payable *' ... 1,577;433 12 9 ,„ Deposits 'and other • * ' A: liabilities ... * ... 18,638,225 17 1 „ and ' Loss ... 150,117 0 9 * "«'- : — I , £23,290,284 10 7 Cr' • -*'' £' 's. d, fßv Com and cash balances ... ... '3,104,343 18 8 , „ Bullion' ... .... - __81,964„18 3 lf , Gov'eftiment securi- * - -tiesV.^o L..L'-. i ... 519,369 19 0 „ Notes of other Banks . : 15,614^ ,0 0 „ Baak'premises, , ... u 556,825 13 9 - „ Bills recei\ able, bills " , ; dis-oounted,~and other debts due Lto thejßank .„ ... .19,011,811 13 4 „ Insurance Account '. \ ( . 350,12 7 v £23,290,284 10 7 ;jeiiv '.. profit and loss, march* 3l, 1891. Dr. March 31, 1891. £ _. d ■ TVi Rebate (at current • ates) "on bill dis- i .ouu'ted not due' at this date 21,815 10 4 „ Dividend at the rate of 15 per cent, per ammm ... i... 93,750 0 0 -,-,, Bonus at the rate. of 2^ per cent per an- « muur.-.- 15,625 0 0 .-,, Augmentation of the "* A Reserve Fund ... 10,000 0 0 „7 , Balance carried to < "Profit'and Loss," New Account "... 8.926 1 5 r T ' £150,117 0 9 Cr. Sept, 30, 1890. £ s. d. _By amount from last accqunt \ 8,404 4 6 March 31, 1891. . ..., Balance of> ,halfyear's ' profits after proy id jng for bad and doubtful debts, and including reboveries ' * - *froin ,J debts- previously written oft as bad r.. ...- - ... 141,712 16 3 ' £150,117 0 9 reserve fund, march 31, 1891. Dr.<^ -' • > ' March 81, 1891. £ s. 6. 'To Balance 970.000 0 0 £970,000 0 0 n Cr. J Sept. 30, 1890. : £ ■■_.' d, By Balance ... ... 960,000 0 0 March 31, 1891. „ Amount' from Profit * and ' Loss .' 10,000 0-0 1 . ] £970,000 0 0 Audited, 29th April, 1891. j J..iS £ HARRISON, lA.l A .. difcors J&. M. MERlVALE,]^Auditors. THE FEILDING SADDLERY. 3 R. R. 7 COLLIN^S, « SADDLER & HARNESS- : MkKER HAS "now in „ stock a" splendid •' * assortment' o£ r r ' ' ' ' New Saddles*, 1 New Harness (plain and j ail ver ,-moun ted ),_Horse r Cpyers, Brridle-V-Whip's/'Nickel and Silver Bits and '~t Stirrups,*' &c. c , , •^ Grindery. p" AIL Orders '-promptly executed ] '" First-class Work Guarauteed. R. B. COLLINS Saddlier & Harness' leaker, &c, ' 5 x (Next Red House),' Kimbolton Road. Feildino. IMPORTANT ANNOUNCEMENT * Bk'jEfAb !' BREAD VBRE AD ! \ ' \ CHRISTOPEffiR MATHEWS \ MANCirK&TER.A{»D EYRE StRKETS, <f,J - , F , El , LDfNb. ; Jt ; ' 1 IN Thanking the Residents of Feil d- ] ing and Miiroun&iug District for j the Liberal>upport they have favored he will give every encouragement 'to the Cash System cf Business. ] Ou.Kii g districts supplied every day j "i - *__ - \ - -««i i Rrp/iT>Trini-> ir AfTTJirLiiic

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https://paperspast.natlib.govt.nz/newspapers/FS18910521.2.32.1

Bibliographic details

Feilding Star, Volume XII, Issue 141, 21 May 1891, Page 4

Word Count
677

Page 4 Advertisements Column 1 Feilding Star, Volume XII, Issue 141, 21 May 1891, Page 4

Page 4 Advertisements Column 1 Feilding Star, Volume XII, Issue 141, 21 May 1891, Page 4

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