191784-1932-Supplementary-Hongkong-and-Shanghai-Banking-Corporation-One-Hundred-and-Sixteenth-Report-of-the-Board-of-Directors-to-the-Ordinary-Yearly-General-Meeting-of-Shareholders — Page 2

LIABILITIES.

STERLING EQUIVALENT.

UTHORISED CAPITAL:-

31st. December 1931.

DOLLARS.

CASH :-

400,000 Shares of $125 each

50,000,000

SSUED AND PAID UP CAPITAL:- 160,000 Shares of $125 each

£1,437,500. 0. 0

$20,000,000.00

ESERVE LIABILITY OF PROPRIETORS :— $125 per Share on 160,000 Shares issued

$ 20,000,000

ASSETS.

(Including $57,500,000 Coin lodged with the Hong Kong Government and $8,700,000 Coin lodged with H.B.M. Consul-General, Shanghai, against authorised and/or excess note circula- tion).

BULLION IN HAND AND IN TRANSIT: (Including $47,400,000 Bullion lodged with Hong Kong Government against authorised and/or excess note circulation)

STERLING EQUIVALENT.

DOLLARS.

£10,188,903.15. 2

$141,758,661,02

5,221,591. 3. 9

72,648,225.18

TERLING RESERVE

ILVER RESERVE

6,500,000. 0. 0

718,750. 0. 0

90,434,782.55

10,000,000.00

BRITISH GOVERNMENT, INDIAN, COLONIAL AND OTHER SECURITIES

17,553,860. 9. 0

244,227,623,64

NOTES IN CIRCULATION :-

(Authorised and Additional

Issue against Securities, Bullion, and Coin amounting to $151,819,589.57 deposited with the Crown Agents for the Colonies, their Trustees, and the Hong Kong Government)

CURRENT ACCOUNTS.

TIXED DEPOSITS

9,288,789. 6.10

40,108,025. 7. 8

15,485,949.16. 8

129,235,330.00

558,024,700.98

215,456,693.32

BILLS DISCOUNTED, LOANS AND CREDITS. BILLS RECEIVABLE AND BALANCE OF REMITTANCES AND DRAFTS IN TRANSIT LIABILITIES OF CONSTITUENTS FOR AC- CEPTANCES PER CONTRA. BANK PREMISES

31,070,580. 3. 8

432,286,332.97

9,939,862.10. 0

138,293,739.12

78,394.17. 8

1,409,488. 9. G

1,090,711,41

19,610,274.49

BILLS PAYABLE :—

London

1,083,413. 7. 8

15,073,577.55

78,394.17. 8

761,858.12. 3

1,090,711.41

10,599,772.02

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

ACCEPTANCES ON ACCOUNT OF CONSTI- TUENTS

STERLING EXCHANGE TAKEN AT 1/54.

PROFIT AND LOSS ACCOUNT.

Liability on Bills of Exchange re-discounted, £1,864,777:17:8 of which £1,697,468:15:6 have since run off.

£75,462,681, 8. 9

$1,049,915,567.83

£75,462,681. 8. 9 $1,049,915,567.