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THOS. COOK & SON dal Transit Agent, to the Dunedin Exhibition, Mail Contractor! to the Egyptian Government), TOURIST AND PASSENGER AGENTS, ISSUE ticket! to all parte ot New Zealand and to all parti o! the World. Pumoi! Bbccbid bt any Lrtti or Stxambbs. Much Trouble and Exponas Saved, No charge beyond actual value ot Ticket!. Au Aisibtanci Gbaiu. Giaborns kgentWilliam E. Axaoxn, Standard Office. E. P. JOYCE, Land and genera-. commission AGENT, GIBBOBNE,* ’ Town and Country Lande tor Sale, with Perfect Title.. MEDICAL. DR JOHNSTON, Gladstone Road late residence of Dr Pullen), may be con* lulled daily betweea the hours ot 9 30 and 10,M a.m. mi 0-30 and 7.30 pan

The Union Bank of Australia, Limited. (From the •• Mosby Mabket Bavtitw ” of January 81, 1891.] Paid-up Capital, £1,500,000 ; Reserve Funds, £1,000,000 ; together .. £2 500,000 Besarve Liability ot Proprietors .. .. 3,000,000 To l al Capital and Reserve Funds .. ~ ..£5,500,000 The half-yearly general meeting of I very favorable to the principal thia bank was held at the office. Bank- interests of the Australian e<-lomea. buildings, Lothburv, on Monday, the e , laBt f n « , of shareholders . • 1 u t a ud. branches or the bank have been opened 26th mat. Mr B. J. Ashton pre- at Q eo rg e ..t re et (Central), Sydkeysided. ... the other branch in (ieorge-street Mr W. R. Mewburn (the manager) being now designated Haymarket read the notice calling the meeting, branch—and at Peak Hill, New South and the following report of the direc- Wales ; also at Rupahyup and Wartori and statement of accounts were racknabeal, Victoria, whilst the branch taken as read : the directors have to at Port Ahuriri, >ew Zealand, has been submit to the shareholders the closed. The directors have to report annexed balance-sheet of the bank to that they deemed it their duty to join the 31st August last, duly audited, the Bank of England and other large which exhibits a net amount of profits, banking and financial institutions and inclusive of the balance brought for- -firms in ihe guarantee against ultimate ward from previous half-year, of loss in the liquidation of the affairs of Li. 21,155 6s, admitting of a dividend Baring Bros and (o. The total iff this at the rate of 14 per cent per annum, guarantee is about L 17,000,000, of equal to LI 15s per share, which will which the amount guaranteed.by the absorb L 105,000 and leave L 16,155 6s bank is LIOQ,OOO. The dividend to be carried forward. The directors warrants will be transmitted by post have, as usual, after careful investiga- on the 28th inst, and the dividend tiou, made sufficient reserves for all will be payable in the colony on such doubtful dependencies. They have date as the general manager may fix pleasure in stating that last year was after receipt of telegraphic advice. BALANCE SHEET, AUGUST 31, 1890. LIABILITIES, Capital .. .. .. ..£4,500,000 Less reserve liability .. .. .. 3,000,000 Paid op .. .. .. ~.. £1,500,000 0 0 ReMrva toads .. .. .. ~ ~ 1,000,000 0 0 Of which there ii invested in Imperial guaranteed Foor per sent. debentures .. . ■ £200,000 0 0 India Government sterling stock.. 50,000 0 0 Oolotrial Government end Munioicipal debentures .. .. 250,000 0 0 Bank premise! end property, aa ■ • - per oentra .. .. 400,608 C 7 Circulation.. .. .. ~ ~ 404,448 10 0 Deposits (melnding inscribed etiak deposits) ~ ~ 14,187,626 9 9 Blue payable and other liabilities (including reserve! held sgaihst doubtful deble) .. .. ~ ~ 8,179.985 7 1 EalanOe el undivided profile .. ... ~ 121,155 6 0 £19,898.215 12 10 A 8 8 E T 8 . ——— Specie on hand, and a&sh balances ... ~ ~ 9,892,759 la C Bullion on band and in traneitu .. ~ ~ 225,808 14 6 Money at call and short notice in London ~ ~ 440.000 O 0 Government and Municipal securities .. ~ ~ 1,268 476 19 4 Bills receivable, loans and other securities at London office -.. 1,799,267 18 11 Bills dieeounted, bills rem ivable, loans and other securities at the -< branches .. ' ’ .. .. .. 12,806,296 1 0 Bank premises and property.. .. ~ ~ 460,606 6 7 £19,393,215 12 10 STATEMENT OF PROFITS. Balance ot undivided profits at 28th February, 1890 .. £120,378 15 0 Out ot which a dividend was declared ot.. ~ ~ 105.000 0 0 Leaving a balance ot .. ..* ~ 15,378 15 0 Profits of the past half-year, after making provision tot all bad and doubtful debts ~ £204,152 13 6 Lets: Remuneration to the local directors and salaries and allowance! ...... to the colonial staff ~ £68,114 11 10 General expenses io the colonies, including rent, taxes, station, ery, etc. .. .. ... 21,560 3 7 Itosuuueration to the Board ot Directors and Auditor!, saltriea ot Loo dou office eta ft.rent, taxes, stationery, and general expenses 12.528 13 1 Income-iBB ~ .. 2,163 13 9 — 98 876 2 0 — 106.776 11 0 Balance ot undivided profits at ibis date ~ ~ ..£121,165 6 0 C. E. Bbiobt, ) Abtbub Flowuu lni™»A.. John S. Him, "Directors, H. P, Btreoie ,1 W. R. Msivbubk, Manager. T. C. O. Bausoim, Acting Accountant, We certify that the various securities held in London have been produced to us, and that we have examined the balance books ot the several branches in the colonies for the six months ended 31st August. 1890. and the books and accounts of the London office tor the SUM period, and, having ooppMcd the combined results with the above balance sheet, have found Um same current. K&* ,OhM ‘ M ‘ dAMOBn,,n ‘ | A#d,Wrtl I Iritodon, Jaa. Mt, kHUk ~ ' I

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/GSCCG18910331.2.13.1

Bibliographic details
Ngā taipitopito pukapuka

Gisborne Standard and Cook County Gazette, Volume IV, Issue 588, 31 March 1891, Page 2

Word count
Tapeke kupu
871

Page 2 Advertisements Column 1 Gisborne Standard and Cook County Gazette, Volume IV, Issue 588, 31 March 1891, Page 2

Page 2 Advertisements Column 1 Gisborne Standard and Cook County Gazette, Volume IV, Issue 588, 31 March 1891, Page 2

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