MISCEI.I.ANKOUS INFORMATION RELATING TO CREDIT 

 IN VARIOUS COUNTRIES. 



ARGENTINE REPUBLIC. 



THE « BANCO Bl, HOGAR ARGENTINO » IN 1915-1916. — La Revue economique et finan- 

 ciire Paris, 21 April 1916. 



The following is a reproduction of this bank's profit and loss account 

 closed on 31 August 1916 : 



Debit. 



General costs, taxes, rents, miscellaneous Er. 1,509.585 



Commissions " 12,367 



Service of bonds " 6,229,061 



Expenses of bank's property, repairs, taxes in- 

 surance, etc " 211,281 



Legal expenses in advance " 134,089 



Reserve fund, personal bonds " 1,320,000 



Certificates of participation in accumulated in- 

 terest " 3,092,236 



Total . . . Fr. 12,508,619 



Credit. 



Interest, fines, premiums, exchange and com- 

 missions Fr. 20,570,646 



Reserve Premiums " 1,183,600 



Letting " 634,452 



Dividends retained and transference duty . . " 69,664 



Total ... Fr. 22,458,362 



Amount of debit account " 12,508,619 



Net Profit ... Fr. 9,949,743 



The report presented by the administrative council to the general 

 meeting of 30 October 1916 shows that the arrest of business obliges the bank 

 to increase considerably the nvimber of its purchases of properties. To 

 avoid irreparable losses the company must wait for a more favourable pe- 

 riod for the liquidation in its own interest of its operations. 



