20 APRIL 1929, Page 30

BANKING IN JAPAN.

The full report of the Yokohama Specie Bank for the past half-year is satisfactory in all respects, and confirms the impression created by the original dividend announcement. After making all provision for bad and doubtful debts, ite.• the net profit showed an increase of over 9,000,000 yen, and little more than one-half of the net profit is outlined for paying the 10 per cent. dividend, a further addition of 3,000,000

yen_being_made.to the_Reserve, raising_it to102,509,000 yen, while the balance carried forward has been increased by over 1,000,000 yen. It may, be noted that the Reserve Fund is now 2,500,000 yen greater than–the paid-up capital..