Page 3 Advertisements Column 2

Feilding Star, 19 November 1891, Page 3

T>ANK~OF NEW SOUTH WAiE^. iEignty-*6econd ! report of the; Directors of the BapfcofiNew. South Wales to the half-yearly general meeting of the proprietors, .held at the chief banking house dh ; ' Friday, the 30th day of October, -Ml. 1 : ' The directbrs'jiave the pleasure to submit to the proprietors a statement of the assets- and' liabilities of the Bank on the 30th , September last, with the auditors' retibrt and declaration. : ? :-.: : , :=. £ S. d. The net prqfitafor the half./year,, after deducting re- . ' .' bate-bh- current bills, interest on tlepoßits, paying j a ridte'and i diib.er taxes in ; the colonies, reducing val'f ; )iatiM6f Bank premises; /'ipiqviding^for bad: and < doubtful debts, and including recoveries from. ' ■ ,debts-previbusly written : ? : -'qff'iis/bad,-amouneto i ... 119,033 8 1 To'W/hich is to be added— Undivided balance from last ii half-year \ ■'■-... :- ... 8,926 1 5 Giving. for, distribution ... 127,959 9 9 Wfiich tne Directors recommend to Jbe appropriated ; ? :as ! fofiowVi— j : To payment of diyidend at the. rate of 15 per cent; V:;;plsr annuaa i ; , ... ~._ 93,750 0 0 To bonus at the rate, of 2£ per. cent, per,, annum ... 15,625 0 0 To 'augmentation ' of the Reserve Fund ..... ... , 10,000 0 0 Wbjiilfince carried to ' Profit ; and Loss, 1 , new account 8,584 9 9 .U I 'I' j I■- : 9 9 With the aboye, appropriation the Reseir ye, jjuiid r will amount t0 ,^980,000. « ; ■During .the pas^ half-year branches of the Bank have been opened at Asbfield ftridiNewcMstleWeslvia this colony." ' ;;i>.lt.wili-b;e;the; dutyi.of this m,eeting to ..elect,, a director in_ the-: room of Charles •Bmitb, Jlsq.j'.who i retires by rotation, but is eligible ror ' re-election, and has given the requisite notice that he is a candidate. Auditors will alsphave to be elected in the i room of J. S; Harrison and G. M. Meriyalej ;Esqß.j .who; now. retire, the latter being eligible for re-election. r ;.;^' The dividend- will be. ; payable at the 'neaa'office td-inorr'ovv, and at the branches on receipt of^ ad vibe." ' . For^ and on behalf of the Board of f Directdrs. , .:•.■,: Thomas Buckland, President. yAGiSBEGATE/ BALANCE-SHEET OR THE. BANK OF NEW" SOUTH LwikißS, SEPTEMBER 30, 1891. (Inc^nding^ London .Branch .to 80th June, 189 i, and New' Zealand Branches to 7th September, 1891). ■'"■WPfttf i i-.r ■- i.. ■■■ £ :.. p_: d _ capital 62,500 shares ; £20 1 each, fully paid up ' 1j250,000 0 0 ' T^Reserve- Fluid ' H:. 970,000 0 0 ■To Notes in circulation' " 650^711 0 0 To Bills payable .... : 1,709,422 6 8 To-I)epbsits¥nia 6tnei? '-'■■ ■■>■ :••••. liabiliti'esfi.. . v ... 18,800,087 5 2 tTo-Profit and loss ... 148,817 1 7 ,_ . £23,529,037 13 '5 Or. v 'v -■ „'■\. £ s. d. By Coin andpashrbjal[ss anceM^--. "£L ■ ; Xti. ; * 8,448;44| 17 0 By Bujiib'it^:." 62,034" 3 O By Government secu---'-'-x=.- c £ .^'^••,-t ties... ./i '^>{::. : > ,668,300 14 5 BynbTef oF6therbanlis- ; 10,328 0 0 cßycß,a,nk^remißeß; »>- -,\ -569j384] 5 5 By Bills receivable, j. -, -.billß.4ispouute'd,an^. . . "' dtfrer debts due Id ;c 'the-baffi" ;.-. ::: ... 18;770,272 12 0 By Insurance account 273 1 7 -.".-■ '■ '■'.' £23,529,03713 5 FROiTT, AND, LOSS, SEPTEMBER 30TH, 1891. ■?& Dr. 'iß9i. ' £ b. a. •Sept. 30. To Rebate (at current .• rates) on bills discounted not due at ; this date 20,857 11 10 „:I)ividend at the rate 0f .'15. per cent, per annum ... ... 93,750 0 0 „ Bonus at the rate of v 2£ per cent, per : annum ... ... ... 15,625 0 0 „ Augmentation of the reserve Jund ... ... 10,000 0 0 n : Balance carried to " Profit and Loss," new account ... ... 8,584 9 9 ■' ■■■■ ' ' ' £148,817 1 7 Cr. ■ -1891. £ s. d. March .31. By amount from last account ... 8,926 1 5 Sept. 30. By balance of half-year's profits after providing for bad and doubtful debts, and including recoveries from debts previously written off as bad ... 139,891 0 2 £148,817 1 7 RESERVE FUND, SEPTEMBER 30, 1891. Dr. 1891. £ b. d. September 30. To balance 980,000 0 0 £980,000 0 0 . . Dr. 1891. £ s. d. March 31. By balance 970,000 0 0 September 30. By amount from profit and; loss 10,000 0 0 £980,000 0 0 ' ; : ■J. S. Harrison ] X .., G.M.MerivaleJ^^ 6 ' V- 'Audited; 29fcH October, 1891,