Cuddio Rhestr Erthyglau

17 erthygl ar y dudalen hon

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FOOTBALL NOTES.

FRIENDLY MATCHES.

SHROPSHIRE MAYORS' CHARITY…

THE WELSH SENIOR CUP.

WELSH FOOTBALL COUNCIL.

WELSHPOOL FOOTBALL CLUB.

GALLANT ACT OF BRAVERY BY…

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SERIOUS ASSAULT ON A SERVANT.

FORDEN BOARD OF GUARDIANS.

SORTH AND SOUTH WALES BANK.

Newyddion
Dyfynnu
Rhannu

SORTH AND SOUTH WALES BANK. INCREASED DIVIDEND. The sixty-fourth annual meeting of the share- holders of the North and South Wales Bank Ltd., was held on Tuesday it, the L'IW Association B.oOOls Cook street, Mr T Brocklebank. chairman of directors, presiding over a numerous attendance.— The. Chairman said they were met toge-her that day under circumstances very different from those prevailing for many years past, as evidenced by their balance-sheet and report, which he thought an ideal one. On the 30th December last their finances were in exact correspondence with the idea! the directors had constantly before them- so they could judge for themselves whether the bank was in a satiafactory position from the direc- tors point of view. t,,t,al av,il:tl)l(. fulldi exceeded the large sum of ten millions by Z176,000, which ite hoped they, would have reached at thj same, time last year. From tbis ho rlcduced three facts. First-, that the country is prosperous- sec,)ud, ttiit the business of the bank is on the increase; and third, that the confidence of the public in their institution was in no way diminished (hear, hear). The average Bank of England rate of discount for the year was R,3 14s lid, against. £ 3 4s lid for 1898 and P,2 12 9d for 1897; and as the rate was to a considerable exteut effective in the money market, the margin of profits for banks was more satisfactory thau had been the case in recent years. The total resources were well over ren millions, of which the immediately available assets, consisting of cash in hand, bills, and securities, the very best they could buy, amoanted to L5,905,0,00, or 64 pe:' cent, of our liabilities to the public, as against only 61 4-5th last year. Their investments have increased by about £ 200,000, so that they have now a considerable sum yielding a good arid fixed i rate of interest to fall back upon as a source of income. Their deposits went up to the highest point they ever reached last September, and were then S-433,000 more than they were thin time last year. It was additional evidence of tho flourishing condition of the country and the continued pOpll- lanty of the bank. The gross profits continue to grow, and so, he was sorry to say, did our expenses. But this was inevitable with the growth of the bank, for comparing the last ten years, in 1890 they had 54 branches and eleven sub-branches, now we have 68 and 17 respectively. In 1890 we employed 318 officers, who carried out 3,679,599 transactions; now 408 officers, who manage, with the usual energy which has always characterised the employers of the bank to put through no fev, o than 5,613,826 transactions (applause). We had J opened sub-branches at; Old Colwyn and Lower Bebington.^ It may interest them to know that with the patriotic feeling that is now passing over the country, two of the staff had volunteered for service m South Africa, and the directors had agreed to pay half their salaries during their absence and to keep their positions open until they return. Vfe formallv move the adoption of the report and balance (applause). Mr Joseph Beausire (deputy chairman) seconded the motion, which was at once adopted — £ 4,000 was placed at, the disposal of the Directors as remuneration for the current year.—The Auditors were re-appointed, and the thanks of the Share- holders was passed to the managers and other officers of the bank which Mr i Rowknd Hashes acknowledged. ° -+-

Ch.

TO THE WORKING PARTY FOR THEj…

THE GIRL WHO WAS A QUEEN.

LLANGURIG.

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