28 JANUARY 1938, Page 44
LLOYDS BANK RESULTS.
The Balance-sheet of Lloyds Bank is typical of the general tendency of banking results. Total assets were £24,640 higher at £465,098,263. Deposits showed an increase of £4,009,711 at £410,070,661 and advances a much larger rise of £21,565,124 to £170,844,025. This raises the ratio of advances to deposits by 4.9 per cent. to 41.7 per cent. The holding of Treasury Bills has been reduced by Li,800,000 to £39,250,000 and of other Bills by £253,344 to £3,767,115, while investments were £2,124,835 less amounting to
£I 14,002,646.