GENERAL BALANCE.

FOR THE YEAR ENDING 31ST DECEMBER, 1878.

ASSETS.

CI.

£ &. d

2,222,673 16 10

389,405 3 3

...

1,042,909 17 0

216,727 8 11

5,906,890 14 5

£9,778,607 0 5

£ s. d 750,000 0 0

Coin and Bullion

3,991,082 9 8

4,916,434 8 -8

121,090 8 1

***

...

***

Cash with Bankers and Money at Call... Government Securities Landed and House Property at Head Office and Branches ... Bills Receivable, in Hand and on Deposit, Loans, and other Debts, &c., due to the Corporation

29,778,007 0 5

PROFIT

Dz

LIABILITIES.

Capital Paid up (fixed abroad at par)

Current and Fixed Deposita

Bills Payable, Notes in Circulation, and other Bums due to the Public...

Special Reserve Fund

Branches, and five Sub-Agencies for your

101,567 10 7

£13,060 0 0

16,577 19 2

29,427 19 2

To Dividend for Half-year ending 30th June, 1878

#

Expenses of Management at Head Office, Eleven

Amoslit written off for bad and doubtful

debts 30th June, 1878

Bo. 81st December, 1878

AND LOSS ACCOUNT. 22,500 0 0

By Grom Proft for the year ending 31st December, 1878 Balance transferred to Reserve Fund

123,025 7 10 30,470 1 11

£153,495 9 9

£159,495 9 9

To Balance of Profit and Loss Account as above

"

Balance carried to Special Reserve Fund

RESERVE

30,470 1 11 121,090 8 1

FUND.

By Balance on 31st December, 1877

151,560 10 0

£151,560 10 0

£31,560 10 0

SPECIAL

D. T. ROBERTSON, Chief Manager.

GEO. E. BARNARD, Chief Accountant.

RESERVE

FUND.

By Amount transferred from Reserve Fund, available against any eventual loss by Exchange on Liabilities, repay- able to the public in sterling, estimated at £74,375 if returned from the East, at Exchange of 18. 9d. per Rupee, and depreciation in value of Indian Govern ment Loans estimated at £41,745

121,090 8 1

£121,090 8 1

GEO. G. NICOL, Chairman. Directors.

J. M. BRAKINGBERTSON,};

C. J.

LONDON, 28th March, 1879.-We have examined the Returns of Bills of Exchange, Local Bills Discounted, and other Securities held by the Bank and its several Agencies, sa transmitted from the several Managers, and are satisfied that such "Bills and Securities are available. We consider that sufficient provision has been made for bad and doubtful debts, and, in Special Reserve Fund, for depreciation on East India Government Securities since 30th June, 1878.

GEO. CHRISTIAN,

CHAS. H. PICKFORD,} Auditors.

&&

7

—: abvajajay

NOCNO DO YOU DIEN BHL JO NOISSEUR AHLIM ATTY -iHJ୪୭୦LOHA_0320୦୦୪-38 38

OLLON HAROLD INDIVADO

52

Jo Is Is Is z li

9

217802

Page 60Page 61

$2

10,40 20

Share This Page