Page:The Cyclopedia of India (Specimen Issue).pdf/109

 HONGKONG t‘t SHANGHAI BANKING CORPORATION.

This Corporation Was primarily established in Honukongin the vle 1864. with u paid~up Ca lltilll ui 10,000,000, and :i l’t‘SL'HT' inbihtv ol the proprietors ul AIIHIIM‘I’ $10,000,000. and is thv lairge‘t Banking Institution ll] Illt' East. carryingnn business inClnna. India. Ceylon this Stutits Settlements. inpan. Philippine Islands. Siam. nvn and Cochin China. whilst it

THE C\'(.'l.t)l’lilllt\ OF privilege of issuing its own notes andat the end oi mo; had in Circular hon notcsnl thc- Iuldl \‘nluo ol over $10,000,000, \A'hll‘l lIS current and ﬁxed deposit urcuuntsin silver and L'Oltl Aggregated Illt‘ handsome total ot over 2:} millions OI tlullurs. The proﬁts corned during the halt-year t'lltllIlg 31<t Dorembi-r ["04. won- over 4} million dollars and alter transit-ﬂing 1 million to the Silvcr Its-serve Fund. and writ ing 2 lil lths uﬂ Bank Premises Account. and carry-

INDIA.

3°9

Managers and Stat! of the Corpora- tion. and must bi- wry satisfactory lull": Shaft-linkch The llongkong and Slmnglm Banking Curpa'irntinn, (‘alcuttn llmnvh. Wu) established in 1568. and Hum tlu~ winnwnurmunt llt‘lll n lt'xlnllllL' [mitinn amongst Banking Instituth III that City, IIS .sIl’ﬂllg titnm‘ml [uranium and tht-lmw cnimvrtiuus Willi other CUUIllllt‘é trailing with India. securing to II (1 large slun- ol the ﬁnancial busmcs: ol thr City and

h ‘ ’2

INNQMI‘

1.. -. v k D I- ‘h

a

also has branches in England. Germany. France and America. The wide scope of its extensive opera- tions may be gathered irom the above. and there is probably no other Bank. and certainly not in the East. which has stich varied and numerous business relations with other countries. The Head Otﬁcc is in Hongkong. and the Director is there also. besides having a London Board. The Corporation has the

39

"osmosis um SIMRGMM BANK.

ing torward to next year tl million and payin the usual remunera- tion w the irectors. n dividend ol [1 ms. storling ‘r share, together with a Bonusot 1 git-din per share, were paid to the shareho dare, mak- ingn total oI 33} percent tor the ori- ginal price of the share for the year. Such results as the balance sheet shows, cannot be achieved without the most caretul attention and tho- rough cmciency on the part 0! the

Port ol Calcutta. The Ban It's reserve tuud now stands :—

Reune Fund inmtcd in 3341 Carnal. within «lawn to l 85 ... [ moon 080,010,009

it 700.000

Utha uallng neuritic: Additional Reserve in Silver

The present Acting Agent ii Hr. W. L. Dads.