BANKING IN JAPAN.
Once again the half-yearly accounts of the Yokohama Specie Bank are of a satisfactory character. Despite the difficult times through which Japan has been passing, the net profits for the half-year of 9,151,000 yen show a small advance on the corresponding period of last year. The
dividend of 12 per cent. per an is maintained, and a further amount of 3,000,000 yen is added to the Reserve, leaving to be carried forward the substantial amount of 5,569,000 yen, or about 150,000 yen more than last time. The Reserve, which now stands at 83,500,000 yen, is rapidly approaching the entire paid up capital of the bank. The balance-sheet also shows an expansion in business, the deposits having risen from 491,000,000 yen to 592,000,000 yen. There is a large increase in the bank's holding of bullion and foreign
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