POSITION OF THE BANKS.
The following statement, being the last quarterly return, shows the position of the various banks doing business in the colony ; Bank of Now 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, L 3,047,604; colonial- Government securities, £185.692; 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,- ££7,603,724. Lia-bilities^—-Notes in circulation, £530,751; bills in circulation, £20,310 ; Government deposits, £052,748; other deposits: not bearing interest, L 1,641,757; bearing interest, £1,889,336; total average liabilities, £4,434,902. National Bank of New Zealand (Limited): —Assets—Coined gold and silver and other coined metal, £145,967; gold and silver in huHioh' of bars, £18,407; notes and bills of other banks, £4,852 ; balances due from' other banks, £4,532 ; landed property, £05,999 : amount of all other securities:notes and bills discounted, £949.211; debts due to the bank (exclusive of debts abandoned as bid), £1,039,691; securities not included under the above heads, L 17,458; total average assets, £2,246,117. Liabilities—Notes in circulation, LI 18,587 ; bills in circulation, LB/213; balance due to other banks, L 9072; deposits not bearing interest, L 282,626; deposits bearing interest, L 471,515 ; total average liabilities, L 890.014. Colonial Bank of New Zealand : Assets —Coined gold and silver and other coined metal, L 94,963; gold and silver in bullion or bars, L 14,368 ; notes and bills of other banks, L 1,815 ; balances dne from other banks, L 5,304; landed property, L 35,267 ; amount of all other securities: notes and bills discounted, L 563,244 ; debts due to the bank (exclusive of debts abandoned as bad), L 532,153; securities not included under the above heads, L 42,004 ; total average assets, L 1,289,118. Liabilities
—Notes in circulation, L 89,295; bills in circulation, L 1,197 ; balances due to other banks, L 3.63 6; deposits not bearing interest, L 284,169 ; deposits bearing interest, L 354,575 ; total average liabilities, L 732,875. Union Bank of Australia:—Assets— Coined gold and silver and other coined metal, £345,061; gold and silver in bullion or bars, £12,387 ; notes and bills of other banks, £1,895; balances due from other banks, £2,162; 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, £2,29l,B92.Liabilities —Notes in circulation, £128,064; bills in circulation, £10,047; balances due to other banks. £l2B ; deposits not bearing interest, £427,660 ; deposits bearing interest, £1,038,872 ; total average liabilities, £1,604,771. Bank of New South Wales :—Assets —Coined gold and silver and other coined metal, £325,437 ; gold and silver in billion or bars, ; notes and Gills of other bunks, £2,804; balances due irom other hanks, £12,511 ; landed property, £33,331; amount of all other securities: notes and bills discounted, L 579.628 ; debts due to the bank (exclusive of debts abandoned as bad), L 620,219 ; securities not included under the above heads, Ll 16,836 ; total average assets, L 1,712,789. LiabilitiesNotes in circulation, L 86,092; bills in circulation, L 463 ; balances due. toother banks, L 4,331 ; deposits not bearing interest, L 234,644 ; deposits bearing interest, L 443,252; total average liabilities, L 768,789. Bank of Australasia: —Assets Coined gold and silver and other coined metal, Ll06,130; notes and bills of other banks, L 2,416; landed property, L 32,888 ; amount of all other securities : notes and bills discounted, L 457,396; | debts dne to the bank (exclusive of debts abandoned as bad), L 437,371; securities .
not included under the above heads!,' L 2634; total average assets, L 1,038,835Liabilities—Notes hi circulation, L 55,137; bills irt circulation, 1i4,121; deposits not bearing interest, L 144,190; deposits bearing interest. L 339,396 ; total average liabilities, L 542,844.
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Bibliographic details
Patea Mail, Volume V, Issue 452, 20 August 1879, Page 2
Word Count
641POSITION OF THE BANKS. Patea Mail, Volume V, Issue 452, 20 August 1879, Page 2
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