BANK RETURNS. [From the " Sydney Herald," Feb. 5th and 7th ]

New Zealander, Volume 7, Issue 511, 8 March 1851, Page 3

BANK RETURNS. [From the " Sydney Herald," Feb. sth and 7th ]

No. I. Liabilities. The General Abstract of the sworn Returns of the average Assets and Liabilities of the Colonial Banks, for the Quarter ended 31st December, 1850, compared with those of the previous quarter and of the corresponding quarter in 1849, exhibits, in round numbers, the following particular*.

Here is the very large increases of leveri per cent, during the last three months, and of neaily twenty, eight per cent, duiing the year. r lhe year's increase nTera«Ps considerably more thau £1 per head ot the entire" population ol the colony. Bolh in the year and in the qucvier, the Deposits have increased in all the Banks.

Notwithstanding the outcry raised last year against the impolicy of encouraging the Anglo-C ilonial Banks in their competition with the stiictly colonial institulions, it is palpable from these figures that the capi-tdli-ts of the colony are far fioin having been influenced by the many complaints and arguments which were then urged, While the Deposits have increased in the two Colonial Banks, during the past qua«ter, by £6,700, and during the past year by £77,300 ; in the two English Banks they have increased, dttvmt? the quarter, by .£93 600, and during th< year by £254,600,

* The returns ttom (hi-. Bank, (or the past quarter, relate to the new Company: the louapanson is therefore between the transactions of the old Bank and those of the new one.

The proportion of Deposits held by the respective Bunks, in each of the last four quarters, was about as follows : —

Thus the propoition of Deposits held by the English Bmk», compared with those held by their colonial rivals, is neaily as three to one.

Dee. 1849. Sept. I #50, £226,400 £258,800 Increase in the Year ...£18,200 Decrease in the Quarter 14,200 Dec. 1851) £244,600 Per cent. or 8-0 or 5-5

The proportion contributed by the several banks to the Note Circulation of the Colony in each of the last four ouirters averaged about ai follows :—

decrease m the Year. rer ceni ales* ... £15,500 478 it.

Deposits.

:ommercial £ 6,700 179 mlrataiia 12,200 16-5 hiion 14,600 17-6 Decrease in the Quarter. Per cent, [ew South Wales .. £19,500 53 6

Notes in Circulation.

Both during the year and during the quarter, the amount of Ciri-uLtion has decreased in the Bank of New South Wales, and increased iv the others.

Increase i» the Year,

Increase in the Quarter.

ommercial 1 ustislasia nioti £l,lw> 1,100 2 900 1-3 31

M*rcu. June. sept, uec. £ s. £i. £s. £h. few S.Wales 13 6 .. 13 2.. 14 I .. 618 lommercidl.. 15 16 .. 16 17 .. 16 12 .. 18 J .uitralasia .. 32 12 .. 32 16 .. 32 16 .. 35 3 Fnion 38 G .. 37 5 .. 36 11 .. 39 18 £100 0 100 0 100 0 100 0

Dec. 1849. Sept. 1850. £1,190,000 £1,421,500 Increase in the Year .. £331,700 Ditto in the Quarter . . 10 >,200 Dec. 185 U. £1,521,700 Per c? nt. .. 27-9 .. 7-0

Increase in the Year. New South Wales £35,800 Commercial 41,500 Australasia 115,900 Union 138,700 Per cent. .. 16-t .. 286 .. 318 .. 300 Increase in the Quarter. New South Wales £ »,200 Commercial 5,50) Australasia .. .. ••• 30,100 Union 63,500 Per cent. .. 0-5 .. 3-0 .. 67 .. 11-8

March. June. Sept. Dec. £ s. £ s. £ s. £ s. few S. Wales 16 16 .. 17 4 .. 17 15 .. 16 13 lommercial.. 12 0.. 12 18 „ li 15 .. 12 6 ,ustralasia . . 31 1 .. 31 13 .. 31 14 .. 31 12 Won.. .. 40 3 ... 33 5 ... 37 16 .. 39 9 £100 0 100 0 109 0 100 0