BANK: 01? ISTEW ZEALAND.

Manawatu Times, Volume III, Issue 90, 8 November 1879, Page 4

BANK: 01? ISTEW ZEALAND.

The half-yearly general meeting of shareholders was held yesterday, John Logan Campbell, Esq. (Chairman of the Board of Directors), presiding. There was a large atfiendfince of shareholders. Thft Gbsbuaii Majt.\©br read the julverti '.em°nt announcing the meeting, also the h ilf-yeirly report, as follows — TaniTT-STTrTii EEfOBT ; ov. Tim Dn>"RPTOHB ot? the Bank .ot .Nw .Zeala> t t>, to THE HAIJr-yE\RI.y GENBKAL MBKTiyQ OV THE PbOPKIETOUS, JTET/n AT TnE Jl WKIKO-HOtTSB, AtTCKT/ASD, ON ThXTESday, 2!bd October, 1879. T]ip Divtor 1 * h»; to snhmit the reml of the past half -year.*" operations, . which ■will, no doubt, be considered satisfactory. Thi net profit o» 30H» Septrtm s er, after making ample l>ppr jpriat.ion for dependemios, considered- bad or rtouStful, and the usual reflue'ims m B ink premises, nnd furniture accounts, amounts to £G9,038 14 9 To which has to be added — Ft'envum ou 26,521 K"ew Shaves taken up. pirt of 27,5 00 issued under authority of the Tlhif--3 early meeting of the ' Tpoprietor-i, held on the 29th October. 187S ... 150.613 15 0 Tola'icc from hilf-yenr en'ied 31st March, 1879 9,753 11 8 Making a total available for division of .* ... ...£209;i06 1 5 \VTiich., it is now re-oin-mended be appropriated as follows — To payment of diyidend Pt the juta of 10 per cent per an* * num ... 40,010 10 To bonus of 5a per share, equul to 5 per cent, per 4nmiHi ... 2'i,sos 5 0 To proposed , addition to resve.fund 180,000 0 0 To balance carried to profit and k loss new aocount ... 5,890 6 5 £259,406 1 5 The dividend and bonus will be payable at Head Office, Auckland, on Friday, tl\e 21th October, and . at Branches on receipt of advice. For the Board of Djroclors. J. Loqan OAMPBELLjPresident. Aggregate Balance-sheet 07 the Bank .of New Zealand at 30th Septembeb, 1879, HfCitTUISa LO.N'JJON OPPICE AT 81bt July, 1879 :— liabilities.

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The City qf Serphphff wa/ nearly destroyed by^ fire. ' . ;^ % The fashionable, scan dais for the month relate to a rpuioval of Colonel Wfelle^ley from diplomatic Service a t Vienna, for eloping with ; Mids Katp Vaughan, an actress ; a ruuiored. diTorce ca,se, brought by t^phi\ a ban^ pf ji fashionable beauty, Mrs, Langtry, m which" -it. is said the,Pj'ince p£ Wales will npponr as co-respdnclei't. Thf St Perersburgh Gazette holds the ft>llow/nglangqa^' epneermng England has always bieisn thi? deadly enemy of Russia. The policy of Russia m Asia can only consist of reprisals against England. It^is ne'ee.«sary to expel (he BtUish f rom : Central Asia. This can i.ow be. done by sending twenty thonsui.d warriors to defend Afgjrik»isiag, * Now is the favorable to fr^ey the Russian JBa'stcrn fh)nticr f ( r ey.H* ftoifl danger op, the part of ■Englaud. I '/* 1 .

Dr. ■ >' $ *. A. Capital £1,QOO,OQO; less $ 1 9,790— pur value of 1,979 New Shnres of £L 0 each, held iuxeseive ... 980,210 0 0 KeserveFund 375,000 0 0 -Notes m circulation 465,165 0 0 Bills jwyable m ciroiil.il ion 1,480,557 0 5 J>epoiils and other liabilities •..." .',. 6,638,287 IS 8 Balanve of profit and loss 259,406 1 5 . - $10,224,625 15 6 ASSETS. Or. " - £ s. d. Coin and cash balances at Banters 2,054,648 19 4 Bullion qn lmn.d and m . -. t transit ... ... .. ..." 214,075 10 Q Government securities ... 200,000 0 0 Bills receivable, and securities iv London .... 884,726 611 EHis discounted, and other debts due to the Bank .. 6,691,6,24 15 6 Landed properly, ..Bunk prcinioes ... ... ... 186,547 3 3 £10,224,6-33 IS G ?BOITT AND. LOSS ACCOUNT. Dr. •' g b. d. To dividend oil' 98,021 i Shares, of £10- each, at , 10 per cent, per annqin. 49,0^.0 1Q 0 | To bonus at rate of ss. per share, equal to 5 par cent, per annum ... ... ' 24,505- 5 0 Tp proposed increase-to reserve fund 180,000- 0 0 To balance carried to profit and loss, " uew a#couut" 5,800 6 5 £259,409 I 5 Cr. £ B . d. By balance from half-year ended 31st March, 1879, 9 ; 753 11 " 8 Bjprtimiuin on 25,521 New Shares taken up, part of 27,500 issued under authority of the lialf-vearly General Meeting of the Proprietors, held on the 29fc?i October, 1878 ... 180,613 IS Q By net profit, for half-year ended 30th September, 1879 69,038 14 9 £ £259,406 1 5 JtEBEaVK VVXD. f Dr. "■■"■ ' £ s. d. Tpbftlanet 555,000 0 0 ' £550,000 6 0' Or. £ ». d. By balance fmm half-year 31st March, 1879 ... 375,000 Q 6 By propoted increase ... 18,0,0Q0 0 0 £555;OOO 0 0