BANK OF NEW ZEALAND.

Manawatu Times, Volume III, Issue 91, 12 November 1879, Page 4

BANK OF NEW ZEALAND.

The half-yearly general meeting of shareholders was tiStd yesterday. John Logaa Campbell, Esq. (CbairmUn of the Board of Dreefcora), presiding. There was a large attendance of shareholders. The Gemebal Manaobb read the aidvertiaomenk announcing the meeting, also the Jailf -yearly report, o3 follow*— J ' | JEIUBTY-StXTH EKPOItT oV THE DIRKCTOIW of the Bank of New Zealand, to THE HAIF-TBATII.Y GrBNKEAL M-BfiTtN& o:f the Proprietors, jif^d at thk Banking-house, AtfbiciiANivON Trfmis* day, 23bd Ootouee, 1879. The Director* beg to submit the result of' the past half-year's operations, which -will, no. doubt, be considered satisfactory. The net profit at 30th Sep- , * t ember, after ma king nm^le ' appropriation for depen;P'"" deucies, considered bad or doubtful, aud the usual re-, , duttione m Bank' premise's**" f and iurniture accounts^ Ukuuuntoto . N.. ..£69,038 14 9 To which has to be added — Premium ou 25,521 New Bhorod taken up. part of 5 1 " 27,500 issued under 'authority of the Halfyearly lueclnte of the jPropriet on, held on the 1 • 29th October, 1878 ... 180,615 15 O ' Balance from lialf-year N t «Bde.d3lßb March, 187.9 9,763,11 8 Mnkiug a total available for division of ... .£259,406 1 G Whicli it is now reeojti- , , t mended be appropriated 1 - bs follows — To paytueut '- . '. of dhidenii at the rate of 10 per iv -,- j.. ■< " * _* ,-. ., cent per annum ... 40,010 10 '„'-. To bonuß of sspersliai'<j, equal to '5 ~ ' pot cent. per -(.-.;: « * anuuui . 24,505 5 0 To proposed addition to i vo»ve.fuud 180,000 0 .0 To balance - r , i carried to . < , .;' f profit and . ,* - losb new au- . „ count ... 5,890 6 5 ' . £259,406 JL 5 Tlie dividend and bonus -will be payable at Head Office, Auckland,' o>r Friday, the 24th October, and at Bmuuhed ou receipt of advice. Ifyr the Board of Director*. .1 " * J. LoGAif CAMtfltli, President. Ag&eeoate Balanck-buuet of the Bank OS NEW ZEALAKD A! ;{OTH dEITEMBER, 18/3, INOLUUINa LOM^ON OFFICE AT aiur July, 187U : — ,•*-.,•,

Audited. CBENjy. TONKS,W<" ? ",

XI4BILITIES, JDrr & s. d. Capital 41,000,000; less £A 9,79o— par value >f 1,975> New Shares of £10 each, held m revive .. 980,210 0 0 Rmervo ¥aui ' 375,000 0 0 Uotes m eiritulatk n . 465,165 0 0 Bills payable ra circiilat ion 1,486,357 0 5 DvpodiU and other lubili- T ties... " „. 6,658,287*13 8 Balance of profit aud loa» 259,406 1 5 £10,224,625 15 6, ASSETS'. . '< , Cr. £ a. d. Coin and cash balances* at BauUra 2,054,648 19. 4 Bullion ou hand and m i * » transit * 214,075 10 0 Govtfi-nluonfc aecuril ies \ 200,000-0 0 Bills receivable, aud .60- » curiries iv London ' . 38<£726 ;6 11 Sills discounted, and other ' debts due to the Bank 6,684,624 15 6' Landed piopeily, Bank yiuuiiacd » '186,547 3 3 .j£10,5224,625 15. 6 peoki xhd :uosa. account. Dr. ' £ <■ a.' d. To dividend on 98,021 , „ Slutrwb, of £10 each, at 10 per cent pur aunnin 49,010 10 0 To bonus alrxtepf ss. per *- ' v * bhare, equal ty 5 per ceut. per minuui * . 2-1,501a 5"0 To proposed increase tOuxi' X '' C ' serve fund . 180,000 0 0 To bal»noe.carried to profit aud l#sd, " iww atcouut" 5,893 6 5 £259,109 1 5 Cr., l C£ s. d. By balance from half-vAi* ended 31st March, 1879 9,753 11 8 By premium on 25,521 New Share* taken up, part of , ' 27,500 issued, under authont y of the holf-5 early r 4j . /f General Meeting of the " '"" Proprietors, held ou the 29tTi October, 1878 - ' 180,613 15 0 By net profit for half-year onded 30tli Septembtay l -- 1878 69,038. 14 9 ,£259,406 1 5 HKBEEVE FOXD. Dr. . £ , < d. To 'balance ... \. ?,; . 555,d00 0 0 £550,000 0 0 Cr~ -'£ a. d. By balance from half-year £• 3lßt March, 1879 ..:' • 0 0 By proposed increoie .. 180,000 ,0 0 • "' A ' ■* ■'»- if ' :t - ■'* '.' £555,009 l O' ! iTo