Bank of New Zealand
ABmfeed Balance Sheet as at Masxh, 039
WNG-TgRM MORTGAGE DEPARTMENT
LIABILITIES. £ s.. d. Capital— Preference Shares issued to the New Zealand Government 1,875,000 0 0 C Long-Term Mortgage Shares issued to the New Zealand Government 234,375 0 0 D Long-Term Mortgage Shares 468,750 0 0 Ordinary Share Capital . . 3,750,000 0 0 6,328,125 0 0 Reserve Fund (Invested in British Government Securities) 3,575,000 0 0 Long-Term Mortgage Debenture Stock 607,050 0 0 Notes in Circulation . . 627 0 0 Deposits 33,328,478 19 0 Balances due to Other Banks 27,717 7 0 Bills Payable and Other Liabilities . . 5,248,240 2 3 Reserve for Taxes . . . . . . ' 426,000 0 0 London Office acceptances under credits . . Transfers from Long-Term Mortgage De41,342 19 1 partment . . 458,698 10 8 PROFIT AND LOSS. £ s. d. Net Profit for Year . . 585,940 12 4 Brought forward from last year . . . . . . 373,880 8 2 959,821 0 G Less Interim Dividend . . 293,359 7 6 Balance of Profit and Loss Account 666,461 13 0 £50,707,741 11 0
LONG-TERM MORTGAGE FUND— £ s. d. Capital . . . . • • > . 703,125 0 0 Debenture Stock . . 607,050 0 0 £1,310,175 0 0
ASSETS £ s. d. Coin, Reserve Bank Notes and Deposits with Bankers 7,677,918 18 2 Notes of Commonwealth and Fijian Governments and Samoan Administration . . 98,736 lb 0 Balances due by Other Banks 42,439 3 11 Money at Call and Short Notice, Government and Other Securities, and Bills Receivable in London and in transit 5,323,139 18 6 Investments in Government, Municipal and other Local Bodies’ Securities in New Zealand and Australia 6,294,511 8 10 Remittances in transit between Branches . . 1,978,715 0 8 21,415,461 5 1 Bills Discounted and other Advances and Securities and Debts due to the Bank . . 27,202,739 12 1 Landed Property, Premises, etc. 738,022 14 9 Liabilities of customers for acceptances, per contra 41,342 19 1 Long-Term Mortgage Department . . 1,310,175 i 0 0 £50,707,741 11 0
j 1 Loans • ■ • • • • Transfers to Bank . . . . £ 851,476 458,698 s. 9 10 d. 4 8 ) £1,310,175 0 0
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Wairarapa Times-Age, 16 June 1939, Page 3
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324Bank of New Zealand Wairarapa Times-Age, 16 June 1939, Page 3
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