BANK OF NEW ZEALAND.

Manawatu Times, Volume III, Issue 92, 15 November 1879, Page 4

BANK OF NEW ZEALAND.

The half-yeaijr gt'.ncral mi'itins; of elisncl»o dcr< was heist ytvtej'flav, Julin lioa;:m C.i. Mubull,. K«q. (O't linnaH or the Hoard of D vctors),' pre'i.l '«»•».. Thorc \\a*-a largo utLdiTttntico of sharoltoUlor-'. The Qenbkal Maxagkr read .1 lie nflv«»rti'.oment announcimj <'to nu'eLijig, also the h i 1 - '-,v<»arly report-, ai follows — TiU!rry-RiXTif •Rki*oiit ok. tub DiitKcrous; 'o?- TKK lU.VK OK; Nk.W ZrAS-AND. TO. TH3: lUi-v-i-KAHi.v Gi:.\-i:KAi.. M.ektixo (F TTfK-P ItOPHIKTOUS, lIKLU Al v . TUB siA>kl.\G-IIOUvJE Al.'-JKr.iXD, OS. I'IIUH3--i»Ai\'23np-Ocxoißit, 1870. The .DiivctoM beg fc<>; submit, the result of j-.hojvj.st ■'liulf--ycai I *a->'<>pli > r«t!oiw', \vlii -li v!l), 110 djubi, be cyiisiUcwd satisfiu--lorv. "'■''■ '-' ■ ■ :>■.% -.V '■-'••"■•"•. ' ■■; \\ The not profit ; at 30th Scp" 1 t'iii v <or..aft>Hvni-4lciiiii ample ....■; «!)f>r>priaL'um '"fur (Irnrii-dmicio-s, consuli'iv-l ba-.l or doubtful, ami I lie iisii.il re- . . ifutrtions m llaiik pv<»inUes" ti»d furiiituru accounts, nmoui.Uto ...... ... £69,038 14 0 To ttiu'uli has to he added — 'Preiiiiuui 01. 25,521 'Now Sliaivs laUcn up. part of ". ■ 27,r>00 iisned imJer uutlio'rity of tho Hrtlf-j-carly ' uieutiiig, .of /the 3'rjpriet.ofs, hold on the 29tU Oc«oJkt, JB7B ... 180,013 15 0 UnUiice fr-.nn half-year «udcd 31otMaruh- 1370 0,753 US ■ • : — ■ — ' ■ — ; Muknig a total uvatlublo j for division of ... ... £239,100 1 5 WhiJht-it is ii.>w voi-om- " ineiidcd he appropriated as follows— . U'o -p'avnient' . : ; t,f dividend * ut the rate of 10 per -, I'i'iit poranliimi "... '10,010 10 ' f S\i bonus of , r^poi'shitre, eqiul l«) 5 ]>er cent, per , uitu'iiHi ... 21,505 5 0 l\i proposed ..dditixii to rco\e.lu)ullSo,QPo -0 0 'Xo lv> lance 7 ciirried to profit, and los» new ac*?ouut ... '5,800 6- 5 £259,406 1 5. i Tho dividondVand bonus will be payable at Head OOice, Auckland, on Friday, tlie 24fch Offcober, suj.l'.at- Bx-anehes^on receipt of advice. Tor the Board of Directora. ■ , J. LociAX, Campbell, President.

AaonEaATE Balaxck-shrbt of the Bakk of New Zealand at :soth September, 1879, INCLT7I>ING LONDOS' OI'FiCE AT 81ht Ji'LV, l&Vi : — LIABILITIES.

"Audited.' ' - u :;--v:^.- ;■ .'■^•■••■■'•v ; ■'■ '"' '■ . ■•:'■•=■'■. . ■. ; ; : .fBEJMN.-T6NR3, '• ; -'■■■ \ -"'.»■• ' l Joseph L. Wilson,

~Obi«iS' &b isas Goodwin Sand&.— Sand* banks off tliecqits£ of Kent, so called because the land belon-ged'at one time tp Goodwin, PaviofEent, the father of King Harold 11 The ground wss.giren to the monastery of St. Augustine at Canterbury, but the Abbot neglecting to repair the wall defending it from fihe sea, €be tract was submerged m the year ■ }loo, . leaying these'which havo.siuco become \~\ a-.lcrror to'mSriners. : ; ■-■'*■..' . A " Alanawufea Settler" writes to the Christchurch Press pn'tho trading .adrnn<tages of Eo^ton,. adding that uotwifchstaadiug its commercial advantaged there is not a singlo_-.wliolesale morehatit m the district. VTh wi-'-iie "cab easily be accounted for. Tbenieii resident in.the township,andpngaged m trade,..have men from the ranks, jHifl. having p.vssed a number of years m a emill way of bitsinpss* have neitlicr tho dis■p. s tion nor civintal' to laaueh out m a more .•Mleri/lediino. i 'Elie^cqhsequonceja tliUt .the';. ' '-rhola trade is done with Wellington Ke-""■7-i'nizihgl.heir vantage ground, the Wc\Kn«ton /.Trierclmnts •treat- 'the" district' a.3 they jilease, and of course are not so fc-olish as to won 'braiibk'iidUi&s ill jfoxtop. ■'"■'■-,

Dr. £ a. d. Capital £l,00Q;0PQ;;le38 - ; v< :;vjt pair' value' oif- ' . l,y79Kew Shares of £10 each, held m reserve ... 980,210 0 0 EescYve Fund^,- ,-. ; , :.-"■■-■ -375,000 0 0 Is'otcd inoirculalicn... ..." 465,165 0 0. Bills payable m circulation 1,486,557' 0 5. Deposits aiid phlior liabilities... ..'...... ... 6,658,287 13 S Balance of profit and loss 259,406 15 , £10,224,625 15 6, ■ t assets; • Cr. - £ c. tl. Coin und cash balances at Bunkers .:.:.'.. -. 2,054,648 19 4 Bullion on baud, and iv transit 2U.073 10 0 GovL-wimentsefunties ... 200,000 0 0 UilN rtveivable, and securities m London ... 884,726 6,11 Bills discounted, and otber debt* duo to fihe Bink . . C k 6S t.624, 15 6 Landed r properly, ' liunk jMwniaM 186,547 3-3 . . £10,224,625 15 6 PROFIT ASTD LOSS ACCOUNT. Dr. . ":■'■''■ . £ s. d. To dividend on 95,0il - Shaw, .of £10 eaoh, afc 10 per rent.' per annnm 49,010 10 0 To bonus at rate of ss. ]Mr i>h.ire, equal to 5 per licut. per aninu in 24,505 5 0 To proposed increase to re : ,sei-v« fund 180,000 0 0 To bik I« nee oaiTio.l ( to profit aud ljas, " aieWTii-couiif " 5,890 '6^5 £2:9,109 1 5 C>\ £ s. d. By bnlnnce from tialf-venr cudcJ Hint >lar<}>, L 879 9,7.>3 11 8 liy preiuimn nu 25.rj21 New tihave* (alien up. part of 27,500 issued under nuthority of (lie half^vesirly . GeinT.il MeoMngoi" Mie Pn priftor». held on the 'Wth Ochibor, 1878, ... 180,613 15 0 By nel profit for half-year „-uJi:il (ioth Spntembpr, J879 :. ... 69,038 U 9 £259,406 1 5 BEpEYB ItJKD. " Dr. " . £ b. d: 330 balance ... ... ... 555,000 0 0 0 0 Cr. . £ b. By balance from half-year 31st March, 1879 ... 375,000 0 0 By proposed increase ... 180,000 0 0 £555^00 0 0