POSITION OF THE BANKS.

New Zealand Times, Volume XXXIV, Issue 5734, 15 August 1879, Page 6

POSITION OF THE BANKS.

The following statement, the last quarterly return, shows the position of the various banks doing business in the colony Bank of New Zealand: — Assets Coined gold and silver, and other coined metal, £587,373 ; gold and silver, in bullion or bars, £97,249 ; notes and bills of other banks, £23,173 ; balances due from other banks, £5,123 ; landed property, £70,827 ; amount of all other securities : notes and bills discounted, £3,047,004 ; colonial Government securities, £185,092 ; debts due to the bank (exclusive of debts abandoned as bad), £3,476,431; securities not included under the above heads, £110,252 ; total average assets, £7,003,724. Liabilities -Notes in circulation, £530,751 ; bills in circulation, £20,310 ; Government deposits, £352,748; other deposits : not bearing interest, £1,641,757 : bearing interest, £1,889,336 ; total average liabilities, £4,434,902. National Bank op New Zealand (Limited) ;— Assets —Coined gold and silver and other coined metal, £145,967 ; gold and silver in bullion or bars, £18,407 ; notes and bills of other banks, £4852 ; balances due from other banks, £4532 ; landed property, £65,999 ; amount of all other securities : notes and bills discounted, £949,211 ; debts due to the bank (exclusive of debts abandoned as bad), £1,039,691 ; securities not included under the above heads, £17,458; total average assets, £2,246,117. Liabilities— Notes in circulation, £118,587; bills in circulation, £8213; balance due to other banks, £9072 ; deposits not bearing interest, £282,626 ; deposits bearin" interest, £471,515 ; total average liabilities £890,014. Colonial Bank of New Zealand:— Assels Coined gold and silver and other coined metal, £94,963 ; gold and silver in bullion or bars, £14,368 ; notes and bills of other banks, £1815; balances due from other banks, £5304; lauded property, £35,267; amount of all other securities: notes and bills discounted, £563,244; debts due to the bank (exclusive of debts abandoned ns bad), £532,153 ; securities not included under the above heads, £42,004 ; total average assets, £1,289,118. Liabilities Notes in circulation, £89,298 ; bills in circulation, £1197; balances due to other banks, £3636 ; deposits not bearing interest, £284,169; deposits bearing interest, £354,575 ; total average liabilities, £732,875. Union Bank op Australia :— Assets — Coined gold and silver, and other coined metal, £345,064 ; gold and silver in bullion or bars, £12,387 ; notes and bills of other banks, £1895 ; balances due from other banks, £2162; landed property, £90,500 ; amount of all other securities : notes and bills discounted, £773,061 ; debts due to the bank (exclusive of debts abandoned as bad), £1,014,074 ; securities not included under the above heads, £52,749 ; total average assets, £2,291,892. Liabilities —Notes in circulation, £128,064 ; bills in circulation, £10,047 ; balances due to other banks, £128 ; deposits not bearing interest, £427,660 ; deposits bearing interest, £1,038,872 ; total average liabilities, £1,604,771. Bank op New South Wales :— Assets— Coined gold and silver and other coined metal, £325,437 ; gold and silver in bullion or bars, £22,023 ; notes and bills of other banks, £2804 ; balances due from other banks, £12,511 ; landed property, £33,331 ; amount of all other securities : notes and bills discounted, £579,628 ; debts due to the bank (exclusive of debts abandoned as bad), £620,219 ; securities not included under the above heads, £116,836 ; total average assets, £1,712,789. Liabilities —Notes in circulation, £86,092 ; bills in circulation, £463 ; balances due to other banks, £4331 ; deposits not bearing interest, £234,644 ; deposits bearing interest, £443,259 ; total average liabilities, £768,789. Bank op Austkalasia :— Assets Coined gold and silver and other coined metal, £106,130 ; notes and bills of other hanks, £2416 ; landed property, £32,888 ; amount of all other securities ; notes and bills discounted, £457,396 ; debts due to the bank (exclusive of debts abandoned as bad), £437,371 ; securities not included under the above heads, £2634 ; total average assets, £1,038.835. Liabilities —Notes in circulation, £55,137 ; bills in. circulation, £4121 ; deposits not bearing interest, £144,190 ; deposits bearin" interest, £339,396 ; total average liabilities,'£s42,B44. Total assets : Coin, £1,604,934 ; bullion, £164,434 ; notes and bills of other banks, £36,955 ; balances due from other banks, £29,632 ; landed property, £328,812 ; Government securities, £185,602 ; notes and bills discounted, £6,370,144 ; debts due to banks, £7,119,939 ; sundry securities, £341,933 ; total, £16,182,475.

Total liabilities ; Notes iu circulation, £1,007,929 ; bills in circulation, £44,351 ; balances clue to other banks, £17,167 ; Government deposits, £352,748 ; other deposits not bearing interest, £3,015,046 ; other deposits bearing interest, £4,536,953; total, £8,974,194. Capital Stock Deserved paid up. Profits. Bank of New Zealand .. 902,830 .. 595,334 National Bank of N.Z. .. 350,000 .. 12,435 Colonial Bank of N.Z. .. 399,300 .. 59,951 Union Bank of Australia ~ 1,487,500 .. 909,502 Bank of New South Wales.. 1,000,000 .. 502,251Bank of Australasia.. .. 1,200,000 .. 421,910 Totals .. .. £5,399.090 £2,504,383