THE JOURNAL OF THE MINISTRY OF AGUICVLTU'RE.—Adve'riise'ments. xxxi 



LONDON JOINT CITY & MIDLAND BANK 



kllVII 1 CLJa 



BALANCE SHEET, 31st December, 1919— 



continued. 



LIABILITIES. 



£ s. d. 



Brought forward 418,848,771 12 9 



ASSETS. 



£ s. d. 



Brought forward 266,899,504 18 7 



Advances on Current and other 



Accounts 162,966,744 16 



Advances on War Loans 15.589,303 5 2 



Liabilitiesof Customers for Acceptances 29,014,568 4 5 

 Bank Premises, at Head Office and 



Branches ,618,960 8 7 



Belfast Bank Shares :— 

 50,000 £12 10 Old Shares 



£2 10 paid 

 150,000 £12 10 New Shares 

 £2 10 paid 



Cost £I,237,«00 



Less part premium 



on Shares issued... 477,810 



759.69e • • 



£418,848,77 ( 12 9 



£418.848.771 12 9 







PEOFIT AND LOSS ACCOUNT for the year ending 

 Br, 31st December, 1919. Cr, 



£ s. d. 



To Interim Dividend at the rate of 18 per 



cent, per annam. less Income Tax, 



paid IStli July, 1919 522,211 11 4 



„ Dividend at the rate of 18 per cent, per 



annum, less Income Tax, payable 



on 2nd February. 1920 530,292 2 1 



„ Salaries and Bonus to Staff with H.M. 



Forces and Bonus toother Members 



of the Staff 475,202 14 8 



„ Special " Peace " Bonus to Staff ... 250,000 

 „ Reserve for Depreciation of War Loans 



and Future Contingencies 1,(00,000 9 



„ Bank Premises Redemption Fund ... 250,000 

 „ Balance carried forward to next 



account 726,852 6 2 



JS t. d. 



By Balance from last Account 675,497 14 7 



„ Net profits for the year endinsr 31st 

 December, 1919, after providing for 

 all Bad and Doubtful Debts 3,079,440 19 8 



£3,754,558 14 3 



£3,754.558 U 3 







W. G. BRADSHAW, ( Deputy S. B. MDBRAY, i Joint 

 R. McKENNA, CHAIRMAN. A. H. GOSCHEN, ( Chaiemen. F. HYDE, i Managing 



F. W. NASH, Director. J. F. DARLING, f Directors. 



REPORT OF THE AUDITORS TO THE SHAREHOLDERS OF THE LONDON JOINT CITY 

 & MIDLAND BANK LIMITED. 

 In accordance with the proTisions of Sub-eection 2 of Section 113 of the Companies (Consolidation) Act IMS 

 we report as follows :— ' • ' 

 "We have examined the above Balance Sheet in detail with the Books at Head Office and with the certified Returns 

 from the Branches. We have satisfied ourselves as to the correctness of the Cash Balances, Cheques on other Banks in 

 transitu, and the Bills of Exchange, and have verified the correctness of the Money at Call and Short Notice We hav« 

 also verified the Secunties representing: the Investments of the Bank, and having obtained all the information aad 

 explanations we have required, we are of opinion that such Balance Sheet is properly drawn up so as to exhibit a true 

 and correct view of the state of the Company's affairs according to the best of our information and the explanationa eivMi 

 to us and as shown by the books of the Company. 6 



im Ja„.ar,. 1920. WHWNEY, SMITH * WHINI^T, C„«....n Ac.„^:™„, 



THIS BANK IS THE PROPRIETOR OF THE BELFAST 

 BANKING COMPANY, LIMITED. 



