New Zealand Loan and Mercantile Agency Company

New Zealand stock and station agency

New Zealand Loan and Mercantile Agency Company
IndustryMercantile
Founded1865
Defunct1961
SuccessorDalgety & New Zealand Loan Ltd.
Headquarters1 Queen Victoria Street, London (Bank of New Zealand building)
ProductsAgricultural and pastoral trade and commerce, rural investments
Grain store Oamaru 1882
Loan & Mercantile wool store, Mactaggarts Place, Brisbane, Queensland 1926

The New Zealand Loan and Mercantile Agency Company provided investments and loans for trade and commerce in New Zealand and Australia.[1]

Notable people

  • James Beard, the 1889 New Zealand Loan and Mercantile Building architect
  • John Logan Campbell, director[2]
  • Josiah Firth, with Thomas Russell embarked on a series of large banking and company promotions[3]
  • Henry Goulstone, colonial accountant[4]
  • Thomas Henderson, helped establish the company[5]
  • Thomas Russell, company founder and Minister of Colonial Defence[6]
  • James Williamson, company founder and director[7]

Location of former offices

England

Australia

  • Eagle Street, Brisbane, Queensland
  • Rockhampton, Queensland
  • 538 Collins Street (1883) and King Street(1909), Melbourne, Victoria[8]

New Zealand

  • Corner of Fryatt and Thomas Burns Streets, Dunedin[9]
  • Durham Street, Sydenham, Christchurch

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 [1]
  • 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.[2]
  • 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 [3]

References

Wikimedia Commons has media related to New Zealand Loan and Mercantile Agency.
  1. ^ Archive Research Consultancy (2005). "New Zealand Loan & Mercantile Agency Co". Guide to Australian Business Records. Retrieved 6 January 2014.
  2. ^ Stone, R. C. J. "Campbell, John Logan – Biography". Dictionary of New Zealand Biography. Ministry for Culture and Heritage. Retrieved 31 March 2012.
  3. ^ Waterson, D. B. "Firth, Josiah Clifton – Biography". Dictionary of New Zealand Biography. Ministry for Culture and Heritage. Retrieved 31 March 2012.
  4. ^ Cyclopedia Company Limited (1902). "Mr. Henry Goulstone". The Cyclopedia of New Zealand : Auckland Provincial District. Christchurch: The Cyclopedia of New Zealand. Retrieved 31 March 2012.
  5. ^ Cyclopedia Company Limited (1902). The Cyclopedia of New Zealand : Auckland Provincial District. Christchurch. Retrieved 31 March 2012.{{cite book}}: CS1 maint: location missing publisher (link)
  6. ^ Stone, R. C. J. (1990). "Russell, Thomas 1830 – 1904". Dictionary of New Zealand Biography.
  7. ^ Stone, R. C. J. "Williamson, James – Biography". Dictionary of New Zealand Biography. Ministry for Culture and Heritage. Retrieved 31 March 2012.
  8. ^ New Zealand Loan Mercantile Agency (Former), Australian National Trust Register
  9. ^ "New Zealand Loan and Mercantile Agency Company". New Zealand Heritage List/Rārangi Kōrero. Heritage New Zealand.
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