11 JANUARY 1930, Page 36

BANKING AND DISCOUNT RESULTS.

Up to the*present the profits disclosed by banking and dis- count houses 'have coincided with general expectations. Barclays Bank announces the maintenance of the previous dividend, with an increase in the carry forward, while Alex- ander's Discount Company, and the National and Union Dis. count Companies all show a slight increase in profits, and in the case of the National Discount there is a slight increase in the bonus on the " B " shares. That the year was an active one in the Money Market is evident from the figures of the Bankers' Clearings, which show that for 1929 the grand total of clearings of Bills, Cheques, &c., was £44,896,677,000, being an increase of £691,948,000, or per cent. over the previous record year of 1928.

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