LONDON AND RIVER PLATE BANK (LTD.). Following is the balance sheet of the London and River Plate Bank, as of September 30, 1916: Liabilities. Capital, 120,000 shares of £25 each, on which £15 per share has been paid.. Reserve fund.. Current accounts, etc., and deposits in currency at branches. Current accounts and deposits at head office.. Montevideo branch-local currency emission Bills for collection on account of cus- Rebate of interest on bills not due. £8,267,245 21, 242, 530 65, 813 3,324,085 332,930 33, 232, 603 NOTE.-Contingent liability in consequence of the war, as indorsers of foreign bills negotiated, £13,665. Contingent liability on bills guaranteed, £41,809, of which £23,461 has since run off. COMMERCIAL BANK OF SPANISH AMERICA (LTD.). Following is the balance sheet of the Commercial Bank of Spanish America as of June 30, 1916: Liabilities. Capital issued: 259,979 "A" shares of £1 each, fully paid, £259,979; 1,438 "B" shares of £1 each, fully paid, £1,438.. Unclaimed dividends. £36,819 41,976 33,753 Reserve fund.. Current and other accounts.. 3 LONDON BANK OF CENTRAL AMERICA (LTD.). Following is the balance sheet of the London Bank of Central America as of September 30, 1916: The report of the directors states that the net profits for the financial year ended June 30, 1917, amounted to £485,837, which, after deduction of £238,206 distributed in January, 1916, leaves a balance of £247,631, which the directors proposed to allocate as follows: Ninety per cent to the shareholders, £214,469; 2 per cent to the directors and auditors, £4,766; 23 per cent to the staff pension and benevolent fund, £6,553; 1 per cent to the founder, Mr. A. J. Coelho, £2,383; one-fourth per cent to contributions to charity, £596; 4 per cent to the reserve fund, £9,532; total, £238,299. The balance of £9,332 was to be carried forward. The statutory reserve fund was to be increased to £4,209,219. Following is the balance sheet as of June 30, 1917: LONDON AND BRAZILIAN BANK (LTD.). The report presented to the meeting held on May 1, 1917, states that the accounts show an available balance of £498,850 (including £297,571 brought forward from the preceding year). An interim dividend of 14s. per share, amounting to £87,500, was paid in October, 1916. The directors recommended a further payment of 14s. per share, being a dividend at the rate of 14 per cent per annum. The directors also recommended the payment of a bonus of 4s. per share, thus making a total distribution of 16 per cent per annum, subject to income tax, on the paid-up capital of the bank. The above payments absorbed £200,000, leaving a balance of £298,850 to the credit of profit and loss new account. Following is the balance sheet, as of January 31, 1917: Specie and cash at head office and Bills receivable. Bills discounted, loans, etc. Cash and remittances in transit, etc.. Furniture at head office and branches. £4,941, 529 2,980,301 6,459, 540 1,418,411 3, 150, 916 261,002 1,598 19,233, 297 NOTE.-Contingent liabilities not included in balance sheet: As indorsers of foreign bills negotiated, £90,818. Staff pension and benevolent fund trust, £140,000. The re The Banco Italiano del Uruguay, of Montevideo, has an authorized capital of 5,000,000 Uruguayan gold pesos, of which 3,000,000 pesos is paid up. serve fund is 996,250 gold pesos and the provision fund 150,000 gold pesos. BANCO ITALIANO, LIMA, PERU. Following is the statement of accounts of the Banco Italiano, of Lima, Peru, as of June 30, 1917. The figures are expressed in Peruvian pounds, equivalent to the pound sterling ($4.8665 in United States currency). = BANCO DE CHILE. Following is the balance sheet of the Banco de Chile as of June 30, 1917: In addition to the banks previously listed in this appendix there is submitted herewith a statement of the Colonial Bank (incorporated 1836), which operates principally in the British West Indian Islands. The capitalization of the bank is as follows: The net profits for the half year ended December 31, 1916, amounted to £33,234, which, with the balance of £43,701 brought forward, made an available sum of £76,935. A dividend of 3 per cent for the half year was recommended, absorbing £15,750, and £50,000 was transferred to reserve fund, leaving £11,185 to be carried forward. Assets and liabilities are as follows: Bills receiv- Premises, £923, 192 £970, 643 £1,300, 043 715, 792 602,498 £25,000 1,464, 297 575, 566 25,000 1,098, 695 1,035, 101 669, 750 1,046, 521 25,000 1,083, 519 917, 823 1,285,965 50,000 979,368 753, 845 1,376, 269 50,000 856, 796 649, 523 1,237, 038 80,000 860, 341 478, 296 000 1, 122, 897 974, 100 676, 805 1,098, 554 80,000 923, 580 626, 142 1,114, 689 80,000 913, 568 606, 364 80,000 907, 498 1,799, 747 591, 701 a 282, 499 739, 916 2,515, 083 |