Teller, George F. C. Smith, >vhich has been written off from the current profits of the half-year. The Directors immediately on obtaining the sanction of the Proprietors to the New Zealand extension, concluded an arrangement with tho Oriental Bank for the transfer of its business at Auckland, Wellington, Wanganui, Dunedin, and Invercargill, and in addition have opened Branches at Christchurch and Lyttelton, and contemplate opening at Nelson. The Local Inspector and Managers; report favorably of the prospects and so far justify the. expectations formed of doing a remunerative business, while the discovery of extensive and productive Gold-fields in the province of Otago will materially further the prosperity-of" the Southern Branches. A Branch has been opened in the rising town of Rockhampton, in Queensland, and Gold-buying Agencies have been established- at Inglewood, Creswick, and Linton, in the Colony of Victoria, while that at Kiandra in this Colony has been withdrawn. Mr. Stuart retires from the Direction by rotation. Messrs. Robert Towns and James Henderson, were, Candidates for the vacant seat, but the latter having withdrawn, Mr. Towns remains the only Candidate. Mr. Lotze also retires from the office of Auditor, and it devolves upon the Meeting to elect a successor. The Dividend will be payable at the Head office, to-morrow, and at the Branches on receipt of advice. For and on behalf of the Board of Directors, Alexander Stuart, President. AGGREGATE BALANCE SHEET OF THE BANK OF NEW'SOUTH WALES, 30TII SEPTEMBER 1861. (Including London Branch, to 30th June 1861,, and New Zealand Branches, tb 2nd Sept. 1861.) Dr. £ s. d. To Bank Stock ✓.... 750,000 0 0 " „ Notes in Circulation 452,308 0 0 „ Bills Payable 1,642,080 17 1 ' „ Deposits and other Liabilities 2,777,759 2 5 „ Reserve Fund 213,85117 4 i „ Profit and Loss , 90,262 4 5 , £5,926,262 1 3 Cr. . * . £ s. d. By Coin and Cash Balances .' 1,021,847 5 9 , „ Bullion in hand, and in transit to London, 30th September 1861 689,592 3 10 „ Government Securities 111,036 14 10 „ Notes of other Banks 36,070 0 0 „ Bank Premises 104,713 17 9 ■ „ Bills Discounted and other Debts due to the Bank 3,955,706 10 5 „ Insurance Account 7,295 8 8 £5,926,262 1 3 PROFIT AND LOSS, SOT!! SEPTEMBER 186 L Dr. £ s. d. 1861. : Sept. 30. To Rebate (at current , rates) on Bills Discounted not due at this date 26,259 10. 4 „ Dividend at the rate of 15 per cent, per annum 56,250 0 § v Increase of Reserve Fund 4,148 2 S „ Balance carried to Profit and Loss' New Account' 3,604 11 5 £90,262 4-5 ;~~—r— ~„, hCr. £ s. d. 1861. March 31. By Amount from last Account 4,568 18 6 Sept. 30. „ Balance of Current half-year's Profits after writing off Bad Debts 85,693 5 11 £90,262' 4 5 RESERVE FUND, 30TH SEPTEMBER, 1861. * Dr. £ s. d.' 1861. : Sept: 30. To Balance 218,000 0 0 £218,000 0 0 Cr. ft £ s. d. 1861. March 31. By Amount of last Account 212,500 0 Q Sept. 30. „ Recoveries from bad and doubtful debts 1,351 17 4 Amount from Profit and Loss 4,148 2 8 £218,000 0 0 < Audited 29th October, 1861. Edward Lotze, 1 . ~ James Henderson, J Auaitois--438 12 NOTICE. STOREKEEPERS on the Diggings are respectfully informed that all orders entrusted to the Undersigned will be forwarded without delay at wholesale prices. A constant supply of Goods suited for the Diggings and for Storekeepers in Town, will be regularly imported from London, Paris, Scotland, and the neighbouring Colonies, selected expressly for this market. HENRY NATHAN, 371 39 Stafford Street. HORSES. MR, GEORGE MURRAY, has just arrived from Newcastle, in the " Margaretha Rcessi--1 ncr," bringing 100 HORSES, suitable for all purposes, and specially selected by himself for } this market. This is .perhaps the finest lot ever { brought into Otago. Particulars in future adver--3 tisement. } 436 41 CARGILL & CO.
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Otago Daily Times, Issue 12, 28 November 1861, Page 3
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630Page 3 Advertisements Column 4 Otago Daily Times, Issue 12, 28 November 1861, Page 3
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