Financial Notes
BANKING RESULTS.
BANKING results for the past half-year and, indeed, for the whole of 1926, are panning outjust about as anticipated in these columns some weeks ago. With one exception, namely, Barclays Bank, actual profits for the year show, a small shrinkage, especially after allowing for the fact that in some instances a moderate increase in capital played a part. The diminution in profits, however, is quite trifling and in no ease is there any reduction to note in the dividends. These are consistently maintained at. the level of the previous year, and reading between the lines, it is .pretty clear that any shrinkage in profits is more apparent than real. That is to say. bankers have once again recognized the abnormal conditions prevailing and have made adequate provision for dealing not only with difficult positions arising out of the prolonged trade depression, but for the further strain which may be involved by further demands upon the bankers should a trade revival ensue.
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