New Zealand Loan and Mercantile Agency Company explained

New Zealand Loan and Mercantile Agency Company
Foundation:	1865
Defunct:	1961
Location:	1 Queen Victoria Street, London (Bank of New Zealand building)
Products:	Agricultural and pastoral trade and commerce, rural investments
Successor:	Dalgety & New Zealand Loan Ltd.

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
• Josiah Firth, with Thomas Russell embarked on a series of large banking and company promotions
• Henry Goulstone, colonial accountant^[2]
• Thomas Henderson, helped establish the company^[3]
• Thomas Russell, company founder and Minister of Colonial Defence^[4]
• James Williamson, company founder and director

Location of former offices

England

• 1, Queen Victoria Street, Mansion House, London

Australia

• Eagle Street, Brisbane, Queensland
• Rockhampton, Queensland
• 538 Collins Street (1883) and King Street(1909), Melbourne, Victoria^[5]

New Zealand

• Corner of Fryatt and Thomas Burns Streets, Dunedin
• 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 http://nla.gov.au/nla.news-article20851359
• 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.http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10666749
• 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 https://web.archive.org/web/20130815194303/http://pggwrightson.co.nz/Userfiles/files/Historyof%20PGG%20Wrightson%5B1%5D.pdf

References

• The Cyclopedia of New Zealand Otago & Southland Provincial Districts

Notes and References

1. Web site: New Zealand Loan & Mercantile Agency Co. Guide to Australian Business Records. Archive Research Consultancy. 2005. 6 January 2014.
2. Book: The Cyclopedia of New Zealand : Auckland Provincial District . 1902 . . Cyclopedia Company Limited . 31 March 2012 . Christchurch . Mr. Henry Goulstone.
3. Book: The Cyclopedia of New Zealand

   . The Cyclopedia of New Zealand : Auckland Provincial District . 1902 . Cyclopedia Company Limited . 31 March 2012 . Christchurch . The Cyclopedia of New Zealand.

4. Web site: Russell, Thomas 1830 – 1904. Stone, R. C. J. . Dictionary of New Zealand Biography. 1990.
5. http://www.nattrust.com.au/trust_register/search_the_register/new_zealand_loan_mercantile_agency_former New Zealand Loan Mercantile Agency (Former)