28 APRIL 1928, Page 30

Steadiness in profit-earning power is usually one of ' the

characteristics of the Scottish banks and the latest annual report of the Union Bank of Scotland shows that the profit for the year was £630,000 against 1318,009 hi the, previous year -and k315-,060 two years ago. After "again paYieg-i dividend of 18 per cent., the amount carried forward has been raised by about £4,500 to £89,504. There is a moderate • increase to note in the Deposits, which now stand at £25,936,000.

A. W. K.