22 MARCH 1935, Page 56


The accounts of the Chartered Bank of India, Australia and China Tor the past year show great steadiness as regards the main items of the balance-sheet. The dividend is main- tained at the rate of '14 per cent., and the profit for the year was £466,044 against £467,467 in the previous year. The sum of £25,000 is again added to the Pension Fund and the Directors are setting aside £50,000 to Contingencies Account, carrying forward £171,395. The figures of the balance-sheet appear to indicate somewhat better trade conditions, for the total of Loans have expanded during the year by over £3,000,000.