15 JANUARY 1927, Page 28

GLYN, MILLS BALANCE SuvET.

Not by any means for the first time, a feature of the annual balance sheet of Glyn, Mills and Co. which has been published

during the past week, is the very Co., proportion of cash in hand and at the Bank of England in relation to the bank's deposits, the present proportion being approximately 18 per cent., quite apart from other liquid items such as cheques and balances with other banks and money at call and short notice. Another interesting point in the accounts is that, while in common with other institutions there hag been a substantial rise in advances, the ratio of loans to deposits is still only about 33 per cent., whereas lin the case of many of the other joint stock banking institutions it is more like 50 per cent.

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