Samiksha Jaiswal (Editor)

New Zealand Loan and Mercantile Agency Company

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Industry
  
Mercantile

Founded
  
1865

Defunct
  
1961

Ceased operations
  
1961

New Zealand Loan and Mercantile Agency Company

Successor
  
Dalgety & New Zealand Loan Ltd.

Headquarters
  
1 Queen Victoria Street, London (Bank of New Zealand building)

Products
  
Agricultural and pastoral trade and commerce, rural investments

The New Zealand Loan and Mercantile Agency Company provided investments and loans for trade and commerce in New Zealand and Australia.

Contents

Notable people

  • James Beard, the 1889 New Zealand Loan and Mercantile Building architect
  • Logan Campbell, director
  • Josiah Firth, with Thomas Russell embarked on a series of large banking and company promotions
  • Henry Goulstone, colonial accountant
  • Thomas Henderson, helped establish the company
  • Thomas Russell, company founder and Minister of Colonial Defence
  • James Williamson, company founder and director

    • Location of former offices

    England

  • No. 1, Victoria-street, Mansion House, London.

    • Australia

  • Eagle Street, Brisbane, Queensland
  • Rockhampton, Queensland
  • 538 Collins Street (1883) & King_Street(1909), Melbourne, Victoria – [1]

    • New Zealand

  • Corner of Fryatt Street and Thomas Burns Street through to Willis Street, Dunedin[2]
  • Durham Street Sydenham, New Zealand

    • Timeline

  • 1865 – Incorporated in England.
  • 1874 – Started business in some Australia States
  • 1881 – Net Profit £6154
  • 1889 – The Australian business formed their own board. Offices in Melbourne, Sydney, Brisbane and Rockhampton [3]
  • 1893–95: The Bank of New Zealand, the Colonial Bank of New Zealand and New Zealand Loan and Mercantile Agency Company were involved with a financial crisis causing a national slowdown in private investment.[4]
  • 1894 – Company reconstructed.
  • 1952 – Became NZL Properties (Australia) Pty Ltd
  • 1961 – Merged with Dalgety & New Zealand Loan Ltd

    • Dalgety went on to be replaced by the contemporary PGG Wrightson [5]

    References

    New Zealand Loan and Mercantile Agency Company Wikipedia
    (Text) CC BY-SA