New Zealand Loan and Mercantile Agency Company

New Zealand Loan and Mercantile Agency Company

Industry	Mercantile
Founded	1865
Defunct	1961
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

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

• 1, Queen Victoria Street, Mansion House, London

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

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.
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.

• The Cyclopedia of New Zealand Otago & Southland Provincial Districts