Page 4 Advertisements Column 3

Gisborne Times, Volume XXVI, Issue 2228, 27 June 1908, Page 4

BANK ©F NEW ZEALAND BALANCE-SHEET at 31st March, 1908. LIABILITIES. Capital— £ s, d. ■1 percent. Guaranteed Stock Preference Shares fully paid up, issued to tho Grown under " Tho Bank of New Zealand Act, 1903,” sees. 9 & 10 (Ordinary Shares, 150,000 at \ £GlBs. 4d. ... _ ...1,000,000 0 0 i. Paid up to £8 Os. Sd. per Share " £ s. A. 1,000,000 0 0 Reserve Fund invested in New Zealand Government Securities Notes in Circulation ... ■ Deposits Bills Payable and other Liabilities (including provision for doubtful debts and for depreciation in Investment Securities) Balance of Profit and Loss ' ... 500,000 0 0 500,000 0 0 s. d. 2,000,000 0 0 250,000 0 0 912,627 0 0 12,771,412 13 2 1,838,076 6 0 291,597 19 7 .£18,064,318 19 8 ASSETS. Coin and Cash Balances at Bankers... Bullion on hand and in transit Money at Call and Short Notico, Government Securities and othor Beouritios in London ... Bills Rocoivablo in London and in transit Investments in the Colonies— Colonial Government Securities Municipal Socuritios Assets Realisation Board AssetsBalancos owing by Purchasers Sundry Assots unrealised ■■ Bills Discounted ... Other Advances and Securities and Debts duo to tho Batik ... Landed Property, Premises, otc. b. d. 1,905,282 14 C 1,844,440 2 10 £ a. d. 2,445,098 2 8 80,928 0 8 8,749,672 17 4 1,123,295 0 0 471,285 3 8 1,520,722 12 7 8,350,618 18 7. 321,853 3 0 .£18,064,813 19 8 PBOFIT AND LOSS. Dividend at the rate of 21% (making 7 J % for the year ended 81st March, 1907), on £500,000 Preference Shares issued to tho Crown in terms of “The Bank of New Zealand Aot, 1903” Dividend at the rate of 5% (making 10% for the year ended iilst March, 1907), on £500,000 Ordinary Share Capital ... Amount transferred to Deserve Fund Grant to the Officers' Provident Fund Balance carried forward to year ended 81st March, 1908 ... ... Twelve Months’ Interest on Guaranteed Stock Amount written off Bank premises and furniture Interim Dividend paid 9th Dccembor, 1907 : 5% on Preference Shares, i'500,000 5% on Ordinary Shares, £500,000 ... 3alance being:—Not profit for year Amount brought forward from last year Less Interim Dividend paid, as above £ s. d. 12,500 0 O 25,000 0 0 165.705 9 9 7,000 O 0 25,000 0 0 25,000 0 0 309,922 12 9 31,675 6 10 341,697 19 7 50,000 0 0 £ d. 213,205 9 9 31,675 6 10 244,880 16 7 40,000 0 0 20,000 0 0 60,000 0 0 291,597 19 7 Balanco 81st March, 1907 £401,597 19 7; Balanco brought forward from last year Prokits for year ended 81st March, 1908, including recoveries, and aftor payment of, and provision for, all interest' due and accrued on deposit, provision for bad and doubtful debts, for donation to Providont fund, and for bonus to staff ... Less— Salaries and allowances at Head Office, and 152 Branches and Agencies ... Directors’ remuneration, including London Board ... General expenses, including rent, stationery, travelling, repairs to premises, etc. Audit Expenses Account Ratos, taxes, tolegrnms, and postages £ b. d. 142,205 3,250 5 9 0 0 38,001 16 1,653 16 44,976 1 1 £ B. d. 600,009 12 2 230,086 19 5 £ «. d. 244,880 16 7 £244,880 16 7 31,676 6 10 869,922 12 0 £401,597 19. 7 RESERVE FUND. Balance £ s. d. 450,000 0 0 £450,000 010 £ s. d. Balance per last Statement ... ... ... ... 250,000 0 0 Amount to bo added from profits for year ended 31st March, 1908' 200,000 0 0 £450,000 0 0 I, Burnet Murray Litchfield, the Chief Auditor of the Bank of New Zoala'nd, jj do hereby certify: — j 1. That, having carefully examined tho foregoing balance-sheet and state- j ments, I am satisfied that they have been correctly compiled from the Books and j! Accounts of the Bank. IP 2. That lam also satisfied that tho said balance-sheet is a full and fair balanco- |j sheet, properly drawn up, and exhibits a true and correct view of the state of the !j Bank’s affairs at the date thereof. 1 : jj 3. That I have verified so much of the cash, investments, securities, and assots j! of the Bank, as at the date of tho said balance-sheet were held at tho Head Office, j! in Wellington, and havo had access to certified returns of so much thereof as wbre ,| then held at tho various branches and agencies of the Bank, or were then in transit, jj B. M. LITCHFIELD, Chief Audiffiri j! Wo hereby cortify that, having carefully examined the foregoing balancesheet and statements, we are satisfied that-they have boon correctly compiled from tho Books and Accounts of the Bank, and that the balaiice-sheot is a full and fair balance-sheet, properly drawn up, and exhibits a true and correct view of the state of tho Bank’s affairs at tho date thereof. Dated this 9th day of June, 1908. W. CALLENDER, General Manager. T. E. CORKlLL,;Accountant. ?. fgjsg:?-" h Dated this 10th day of June, 1908.

ocmm | fencing (onto i lho Momnch, fcowoU/na#) tUiauro HKt • nOldi ' Buy Whol« Bottlear DOMINION GROCERY. ROEBUCK ROAD (At end of Palmerston Road). THE undersigned begs to announce that he has Just opened the above business and ds prepared to Bupply all classes of Groceries at BED-ROCK PRICES FOR CASH. Customers waited on for orders, and goods delivered to all parts of the Town and Suburbs. WALTER J. H. WARNER PROPRIETOR. ELECTRICAL! AND MOTOR ENGINEERING WORKS. KAITI. Having had large experience with Electric Lighting Plants of all descriptions, I am prepared to supply and erect installations, using Gas, Oil, Steam, or Water Power. Estimates on application. MOTOR CARS and OIL ENGINES Overhauled and Repaired. Accumulators Charged, and all Requisites in Stock. TELEPHONES in Stock, and Repairs at shortest notice. Private lines erected. Microphones, Switches, Plug Board, and all Battery Material in stock. MEDICAL BATTERIES of all descriptions made and repaired. Accumulators, Wet and Dry Batteries of all descriptions. EWirie Belts, Bell Indicator*, Wires, etc., always in »took. G. F. P REDDEV - I T«a. ««i.