Scorrisn BANKING.
A further indication of more satisfactory industrial condi- tiOns in the North is furnished by the annual Report of the Commercial Bank of Scotland, which is a good one. The nit profits show a small increase for the year and, after paying, the usual dividends of 16 per cent, on the " A " and 10 per Cent. on the " B" shares, the Directors are able again to place 150,000 both. to the General Reserve and to Bank Premises, while there is an increase of 25,000 in the total applied to Staff! Funds. Even after-these allocations, the carry forward shows an increase of over 25,000 compared with a year ago. The balance-sheet shows a small increase in the Deposits and a considerable expansion in the holding of Cash, the statement, indeed, being a thoroughly liquid one.
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