Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image

COLONIAL BANK OF ISSUE. AMOUNT of Notes in circulation at the Office of the Colonial Bank of Issue at Wellington on the 17ih clay of September, j 853, being the close of the preceding four weeks 5/. and upwards 10,750/. Under 5/ 15,158/. 25,888/. Total amount of coin held by the same office on the same day, viz. Gold 8.188/. Silver 1001. Total 8.888/. I, Henry W. Petre, Colonial Treasurer, do hereby certify that the above is a true account, as required by the Ordinance, No. 10, Session 8. (Signed) Henry W. Petre, Colonial Treasurer. The sum of Fifteen Thousand Pounds sterling has been invested under the warrant of His' Excellency the Govcrnn;; :;. the public funds in England, through tin* Commissariat Department, by arrangements made through the Lords Commissioners of Her Majesty’s tcnjctJ a-pairy, of flying (Signed) Henry W. Petre, tV , e . Colonial Treasurer. wbat \ r secreOated at Wellington,* befoi 1 9th September, 1835. p Total amount of Notes in circulation at the • Office of the Colonial Bank of Issue at Auckland on the loth day of October, 1855, being the close of the preeding four weeks 5/. and upwards 5,505/. Under 5/ 1,062/. Total 5,057/. Total amount of coin held by the same office on the same day: Gold 5,511/. Silver 58/. Total 5,569/. I, Alexander Shepherd, Colonial Treasurer, do hereby certify that the above is a true account, as required by the Ordinance, No. 16, Session 8. (Signed) A. Shepherd, Colonial Treasurer. (True Copies.) William Hulme, Manager. The above Returns are conjointly published for general information; and in order to account for the great disparity in the amount of Notes in circulation in the two Provinces, it i> presumed, that the inhabitants of this Province do not understand the principles upon which the Colonial Rank of Issue has been established, nor the advantages that would he derived by an extensive circulation of its bank notes. The sum of Sixteen Thousand Pounds Sterling has been invested under the warrant of His Excellency the Governor, in the public funds in England, and the interest, about 490/. arising from this investment will be applied, in the first instance, towards defraying the expenses incurred in conducting the business of the said Colonial Bank ot Issue at Wellington and at Auckland, and the surplus, about 170/., will be paid to the Colonial Treasurer for the public uses of the Colony, and the support of the Government thereof. These facts then disprove the assertion recently and publicaly made, “ that the Colonial Bank of Issue is an expensive experiment.” Besides, the Bank has been self-supported since the commencement of the present year. It will be apparent to all unprejudiced persons, that if the business of the Bank enables it to appropriate a surplus sum of money to the Revenue for the support of the Government. The establishment of a . Colonial Bank is a benefit to the Colony, and, as such, merits more support from the inhabitants of this Province, which would promote a large circulation of the bank notes in the office at Auckland, and by which the surplus for the public uses of the Colony would very soon be trebled. William Holme, Manager. Auckland, lOth Nov., 1855. BRICKFIELD COTTAGE. RS. HAMER will be happy to receive six young ladies as boarders, and eight day scholars, to educate with her own daughters. The Rev. T. Hamer will render assistance in some departments. A liberal education will be imparted, and constant attention paid to health. Mrs. H. having been accustomed to private and public tuition, will seek to combine the pleasures of borne, with the regularity of school discipline. Commodious school accommodation is being added to the house, with which are a large garden and play ground. The locality is cheerful, sheltered, and healthy. A quarter’s notice before the removal of a pupil. Payments quarterly in advance. Pupils will be received on Monday, Jan. 10th, 1854. Brickfield Cottage, November 10, 1855. AUCKLAND MECHANICS’ INSTITUTION. A LECTURJE, on “FEJEE AND THE FEJEEANS,” will be delivered in the Hall of this Institution on MONDAY EVENING next, the 14th instant, at 8 o’clock, by the Rev. Mr. Williams. Admission—Members (with right to introduce a lady) on production of their cards. Non-Members, by order, (15.,) to be had at the New Zealander and Southern Cross Offices. A. W. Hansard, • J ■ ' ■ Hon. Secretary.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZ18531112.2.9.1

Bibliographic details
Ngā taipitopito pukapuka

New Zealander, Volume 9, Issue 791, 12 November 1853, Page 2

Word count
Tapeke kupu
722

Page 2 Advertisements Column 1 New Zealander, Volume 9, Issue 791, 12 November 1853, Page 2

Page 2 Advertisements Column 1 New Zealander, Volume 9, Issue 791, 12 November 1853, Page 2

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert