A " ROYAL " REPORT.
Increasing prosperity, with a fully proportionate increase in strength and liquidity in the balance sheet, has characterized the annual Reports of the Royal Bank of Scotland for 8 long time past, and now the bank marks its entry upon the two hundredth year of its existence with one of the best Reports which . has yet been published. The dividend of 16 per cent. for the whole year is the highest yet paid, corn' paring with 15t per cent; in the previous year. This increase, however, is accompanied by renewed evidence of sound and conservative management, for, In spite -0f-the fact of the
increased dividend on an enlarged capital involving the absorption of a larger amount of profits than hitherto, there are the same substantial allocations to Bank Buildings and Pension Funds as a year ago, while the further amount of £106,545 placed to the credit of the Rest or Reserve Account brings up the total of that Fund to £2,571,249, which exceeds the entire capital of the bank.
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