BANKING 



BANKING. 



'1 he Canadian lunk n provide* the pi , ih the brtt 



lie ii.uivi. tioii of Uuine**. All ihr tank* 



chaMeu-d h\ the 1 ,tftg 



numerous Miiall kinks distributed tlu> u^h-ut die cuumr>. C4*J 

 which is dependent - >n ihc pr- 

 an. 1 strength, under the tnn the tanking uuiittit 



1 to opt head office*, lot the 



largest cnmmeu nl centres, am ituinbcr of branches which the 



uid diicvtiirs ileein nccctsar) the interest of 



the * id xhuw tartered 



hanks d.m- UIMIK-S in Cuiada, 



'.i\r l.i.t anl pro!uh!> ctery town or village 



600 people is supplietl with one hank, sometimes two. Out of a 

 total of 2,889 branches of chartered ' Canada I.IOJ ar 



this iru\i: < Kight cl-. anks ha\e their head omcc 



Toronto, where there are over 160 branch bank and where m 



bank in Can lh.it the Canadian bank* art 



rong as any in the world will be seen from the following state- 

 ment, as at January 3151, 1913: 



Total paid up capita! $ n 5.3^7 JDJJ 



.'. rescrvi 107.300,548 



Total deposits in Cain I.O^.K.I 



Total assets t4&5.4$7-45& 



holders and <!<; the Urge capital ami 



;vc of eacli bank, an-l by tlu- liah:Iu\ t each shareholder 



tluhle the pa 



The decimal s\ xu-m .-! curie: ie unit of value 



the cent. .ne hmulred ! which nuke a dollar. 



The ' i of the Royal mint produce* gold* film 



and c..pjer CMMI* The pl' j-.nte 1 in 5 .ml 10 dollar 



^overeipn anl tlie Pnildl 



... 5. to. and -M di!'ar gold ire aUo OIITent. The 



.re minted :n d And 50 c 



p. .n,| pr.utu.il!. t the British threeixrnnv. *ixp 

 shillinv:. and two Chilling piivc^ respcctivclv. Thcr< one 



copper coin, the one cent piece, about equal to a halfpenny, a few 

 of which and the penny are also in circulation. 



