19 JULY 1930, Page 44
STANDARD BANK of SOUTH AFRICA.
South Africa, in common with other parts of the world, has seen a slackening of trade conditions, and that fact may be held responsible for the moderate decline in the deposits shown in the latest annual balance-sheet of the Standard Bank of South Africa. The profit and loss account, however, is thoroughly satisfactory, and the dividend is maintained at the increased rate of 17 per cent., to which it was raised a year ago, although the dividend had to be paid on a slightly larger capital.