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Sources:
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Australian Joint Stock Bank: Deferred deposits shown in accounts 12/93–12/96
and 12/99–12/14; inscribed deposit stock shown in accounts 12/93–12/14.
Estimation procedure for deferred deposits 12/97. Amended scheme of
reconstruction postponed repayments of deferred deposits from 1/96 to
1/1900 AIBR, April 1897, p. 228.
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Bank of North Queensland: Interminable debenture deposits shown in
accounts 12/95–6/1902;
deferred deposits estimated by amount of liabilities at time of
suspension
coming under scheme of management and repayments noted in reports to
shareholders, AIBR, February 1894, p. 97; August
1894, p. 546; February 1895, p. 107; February 1896,
p. 107; August 1895, p. 523; August 1896,
p. 588.
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Bank of Victoria: The estimation procedure was to calculate the deposit
liabilities
converted to deferred deposits from the number of preference shares
on offer. 20 per cent of deposits could be taken up as preference
shares.
Thereafter repayments as noted in the reports accompanying the bank's
accounts were progressively deducted from the initial sum. Details of
the scheme of arrangement and the accounts and reports were published
in the AIBR. Scheme of arrangement reported in
AIBR, August 1893, p. 767.
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City of Melbourne Bank: The estimation procedure was the same used for
the Bank of
Victoria. Depositors could take up to 20 per cent of their claims as
preference shares. The number of shares on issue allowed the calculation
of an initial figure involved in the scheme of arrangement. No repayment
had been made prior to the bank going into liquidation in July 1895.
Scheme of arrangement reported in AIBR, August
1893, p. 767. The bank's accounts were balanced in September. That
figure is used for December.
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Colonial Bank of Australasia: The estimation procedure was to use the
value of preference
shares which depositors could take, 25 per cent of their claims, to
calculate the amount of deposits included under the scheme of
arrangements.
The reports accompanying the accounts give the amounts of deferred
deposits
outstanding at each balance date. A figure of deferred deposit receipts
appears in the accounts from 3/97 to 9/90. The scheme of arrangement
and the reports and accounts appear in the AIBR.
The bank's September balance figure is used as a December figure.
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Commercial Bank of Australia: Data of ‘extended deposit receipts’
for
12/93 and 12/95 from R.J. Wood, The Commercial
Bank of Australia Limited,
p. 197; 12/94 in accounts as shown in AIBR, February 1895,
pp. 104–105. Extended deposits ‘A’ series 12/98 to
6/1905 shown in Accounts; Extended deposits ‘B’ series were
removed from balance sheet of bank to Trust Realisation Accounts from
1898 to 1908, thereafter shown in accounts of bank.
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Commercial Banking Company of Sydney: Deposits included in scheme of
arrangement
as given in AIBR, June 1893,
pp. 616–617;
repayment schedule as reported in AIBR, November 1895, p.
731.
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English, Scottish and Australian Bank: December 1893 is figure of
liabilities of
‘old bank’ at date of suspension as given in
AIBR,
June 1893, p. 606. The figures for succeeding years of both perpetual
stocks and terminable deposit receipts taken from accounts as reported
in
AIBR. The bank balanced its accounts in June. The balance
figure
is used as the December figure.
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London Bank of Australia: Fixed deposits in the ‘old bank’
appear in
the accounts from 12/93 to 12/96. Thereafter they appear as ‘terminable
deposit receipts’. Accounts reported in AIBR.
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National Bank of Australasia: Deferred deposits appear in the accounts
from 9/93
to 9/96. The latter figures are estimated by progressively deducting
the amounts repaid within each accounting period as indicated in the
reports accompanying the accounts as published in the AIBR.
The September balance figure is used as the December figure.
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Queensland National Bank: Figures include deferred deposits,
interminable inscribed
deposit stock and deferred government deposits. All are taken from the
bank's accounts with the exception of the figure for 12/96 which
is taken from the revised scheme of arrangement as reported in AIBR,
April 1897, p. 237.
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Royal Bank of Queensland: The deposit liabilities at the time of
suspension and the
repayment schedule for current and term deposits is taken from the
scheme
of arrangement as published in AIBR, June 1893,
p. 618. The split between current and term deposits at the time of
suspension
has been taken from the March quarter banking averages for Queensland
as reported in AIBR, May 1893, p. 321.
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