Liquid Assets And Investments On The Assets Side You Will
see that cash in hand and with the Bank of England and other London bankers, and money in London at call and short notice amount to almost sixteen million pounds, thus providing......
Deposits
Turning to the balance sheet, we show under the heading "Liabilities " a moderate decrease, compared with a year ago, of £948,495 in deposits which stand at £68,973,438. Notes......
Bills Discounted Bills Discounted At £2,114,945 (which...
Bill holding) show a decrease of approximately £1,400,000. This de- cline reflects the shortage, nowadays, of the commercial bill.......
Approval Of Accounts—dividend
I now beg to propose that the report, containing a statement of the accounts and balance sheet, be approved, and that out of the profits of the year a dividend at the rate of 17......
The Need For Thrift
As regards our internal economic position, we have seen some advance in prices and wages in the last two months, giving rise to a belief in some quarters that inflation might be......
Profits
The net profit for the year at £605,719 is £7,538 less than the amount declared last year. This is after providing for all taxation, national defence contribu- tion and charges......
Thanks To Officials And Staff In A Year In Which
the country was overshadowed by war and preparations for war, we owe even more than usual to the general manager, assistant general manager and the officials and staff at the......
Advances
When I addressed you a year ago I reported an increase of fully one million pounds in our advances, and I am pleased again to record an increase of just over £678,000 in this......
Company Meeting
ROYAL BANK OF SCOTLAND ANNUAL GENERAL COURT OF PROPRIETORS THE annual general court of proprietors of the Royal Bank of Scotland was held at Edinburgh on 29th ultimo, His Grace......
Business Of The Bank
The business of the bank has been well maintained throughout the year, and that also applies to our associate bank, Williams Deacon's Bank, Limited, who report improved trade......
Appropriations
The directors are pleased to be in,a position to recommend that a dividend for the half-year on the capital stock, including the new stock issued in connection with the......
Export Trade
On previous occasions I have emphasised the necessity for Great Britain to expand its export trade by all means in its power. Today the need is greater than ever though the......
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