'GLYN'S BALANCE-SHEET.
Elsewhere I have dealt at some length with the banking results for the past year as expressed in the profit figures of the joint stock -banks. Mention, however, must also be made of the fact that the balance-sheets published by some of the other leading banking institutions have also been of a satisfactory character, revealing, too, an increase in bank- ing activities. Thus, in the case of the annual balance-sheet of the private banking house of Messrs. Glyn, Mills and Co., the Deposits show an increase of about £1,600,000, with a moderate increase in Acceptances, and even Advances increased by about £1,000,000. As usual, the balance-sheet is also a very liquid one, -the ratio of Cash to Deposits being as high as 15 per cent., with Money at Call and Short Notice representing a further 214 per cent. Somewhat in contrast (Continued on page 104.)
Financial Notes
(Continued from page 102.)
to the other banking balance-sheets, the holding of Invest- ments is a little lower, though the total of British Government Securities is practically unchanged, and of the Bank's entire holding of £11,258,000 in Investments, no less than £10,780,000 is represented by British Government Stocks.
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