22 MARCH 1930, Page 46

Notwithstanding trade depression, the latest Report of the Eastern Bank

shows satisfactory profits, the total of £123,521 being close up to the figure of a year ago. A sum of £30,000 is added to the Reserve, as compared with £25,000 a year ago, and after paying the usual dividend of 5 per cent. there is a carry forward of £47,991, against £44,470. The balance-sheet shows a moderate increase in the Deposits, and on the Assets side the Cash position is a strong one.

A. W. K.