Symud i'r prif gynnwys
Cuddio Rhestr Erthyglau

27 erthygl ar y dudalen hon

BIG BANK COMBINE

Newyddion
Dyfynnu
Rhannu

BIG BANK COMBINE LOMDON OM AND .MIDLAND WITH N. AD S. WALES. The amalgamation is announced of th North and South Wales Bank with the Lon- don City and Midland Bank, both of which were established in the year 1836. Mr George Rae, who wrote "The Country OSanker y His Clients, Cares, and Work," was for a great, number of years connected with the North and South Wales Bank, and was in his la-ter years the chairman. This bank, whose head office is in Castle-street, Liverpool, has about 105 branches, of which about half are in the principal towns of Wales, and the remainder in Liverpool, Cheshire, and the border towns. In 1901 it took over the business of Messrs Leyland and Bull'ins, private bank- ers, :n 'Liverpool, who were established in 1606. Its deposit and current accounts are as follows:o 1896 « £ 3.374,000 1905 « 10,445,000 1907 11,071 000 Its capital in 1898 was £ 600 000 aud its Teserve fund JMCO.OOO. Its apit'tl in 1907 was. L750,000 and its reserve fund £5l2,CCiO. The Welsh bank's present directors are —Messrs Thomas Brockiebank, Chester chairman) Wm. Watson, Live poo' H. C. Peazley. Liverpool; Frederick Hynde Fix, Livf:pool; Hugh Bulkeley P.'ice, Niera- iBridsge Thomas Royden, Liverpool; Sir Percy Elly Bates, Bart. Holywell, with Mr Rowland Hughes as the general manager. Four otf these gentlemen will join the board of the London City and Midland Bank, and •will with the other directors of the North and South Wales Bank form a Liverpool board. The provisional agreement between the two boards is on the basis that seven ehares (each share L12 10s paid) of the London City and Midland iBank, together with the sum of J35 10s in cash, will be given for ten shares of the North and South Wales Bank (each share L10 paid), and the amalgama- tion will take effect as from 30th June last. The London Cilty and Midland Bank, as already stated, was established in 1836, and tjhe following figures will show its pro- gress In 1881 its deposits were R2,040,CW 1: 1886, £ 2,600,000; 1891, £ £ 8,100,000; 1896, £ 15,700,000; 1901, £ 44.700,0C0; 1906, £ 52,200,000; 1907, £ 53,300,000; 1908, £ 55,500,000. ¡ On the completion of the amalgamation its deposits will amount to over P,66,000,000, and it will be one of the four largest banlis in the world. The authorised caipital at present is iEl6,200,000, and steps are being taken to increase it to £ 22,200,000. Its subscribed ctpital is £ 15,085,680, paid-up capital &,¡1,850, reserve E3 142,850. 'An extraordinary general meeting of the shareholders of the North, and South Wales (B.a;nk has been called for the 26th inst., to paa. the special resolution necessary to give effect to the provisional agreement.

1910 NATIONAL EISTEDDFOD

COUNTY COUNCIL CLERKSHIP

PERSISTENT WATER BAILIFF

LLANDUDNO GUARDIAN SOCIETY.

... A PEERAGE ROMANCE

ANGLESEY LIBERAL ASSOCIATION

CIVIC PROCESSION TO CHAPEL.

[No title]

MANY TOPICS - MANY VJEWS

LETTER FROM MR. C. A. JONES.

ANOTHER PROTEST.

[No title]

CONSERVATISM IN ANGLESEY

EXPLANATION BY THE CHAIRMAN…

THE HOLYHEAD SCANDAL

WANTED—A REVIVAL.

A WiaMiANIS VTEW.

I ANOTHER DEMAND FOR PUBLICITY.I…

,MINISTER AND TENANT

DISAVOWALS. COPY LETTER.

MR RICHARD ROBERT'S REJOINDER…

APPOINTING AN OUTSIDER

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