111077-1927-Supplementary-Hongkong-and-Shanghai-Banking-Corporation-one-hundred-and-eleventh-Report-of-the-Court-of-Directors-to-the-Ordinary-Yearly-General-Meeting-of-Shareholders-to-be-Held-at-the-City-Hall-Hongkong — Page 2

ABSTRACT OF ASSETS AND LIABILITIES, HONG KONG & SHANGHAI BANKING CORPORATION,

31st December 1926.

- 51

LIABILITIES

STERLING EQUIVALENT

DOLLARS

AUTHORISED CAPITAL: --

.$ 50,000,000

400,000 Shares of $125

cach

ISSUED AND PAID UP CAPITAL:-

160,000 Shares of $125 each

ASSETS

CASH (including $25,900,000 Coin lodged with the Hong Kong Government and $7,600,000 eoin lodged with II.B.M. Consul General, Shanghai, against authorised and/or excess note circulation) BULLION IN HAND AND IN TRANSIT.

STERLING EQUIVALENT

DOLLARS

£

11,780,137: 14: 10

號

120,307,789.68

217,516: 4: 0

2,221,442.07

£

1,958,333: 6: 8

20,000,000.00

BRITISH GOVERNMENT, INDIAN, COLO- NIAL AND OTHER SECURITIES

12,037,673: 8: 3

122,937,941.22

RESERVE LIABILITY OF PROPRIETORS :-

$125 per Share 011

160,000 Shares

issued

..$ 20,000,000

BILLS DISCOUNTED, LOANS AND CREDITS. BILLS RECEIVABLE AND BALANCE REMITTANCES AND DRAFTS IN TRANSIT

27,908,398; 17: 2

285,021,945.77

OF

22,529,653: 5: 3

230,090,075.87

STERLING RESERVE

SILVER RESERVE

NOTES IN CIRCULATION :-

6,000,000: 0: 0

1,258,229: 3: 4

61,276,595.74

LIABILITIES OF CONSTITUENTS FOR ACCEPTANCES PER CONTRA

711,666: 15: 11

7,268,086.44

12,850,000.00

BANK PREMISES

2,057,719: 18: 4

21,015,011,92

(Authorised and Additional Issue against Securities and Coin amounting to $65,894,174.55 deposited with the Crown Agents for the Colonies, their Trustees, and the Hong Kong Government)

5,166,348: 11: 10

52,762,709,00

CURRENT ACCOUNTS..

FIXED DEPOSITS

44,428,970: 0: 4

15,895,095: 8:

453,742,672.51

162,332,889.29

77,242,766: 3: 9 $ 788,862,292.97

Liability on Bills of Exchange re-discounted,

£

77,242,766: 3: 9 $ 788,862,292.97.

£

£9,294.668: 15: 2 of which £8,786,280; 8: 6

have since run off.

529,735: 3:

5,410,061.38

ACCEPTANCES ON ACCOUNT OF CONSTI- TUENTS

711,666; 15: 11

PROFIT AND LOSS ACCOUNT

1,294,887: 1: 11

7,268,086.44

13,219,278.61

BILLS PAYABLE :-

(Including Call Loans and Short Sight Drawings on London Office and Drafts on London Bankers)