Bank of Jamaica amalgamation boosts colonial bank profits
The fifty fourth half yearly meeting at the London Tavern chaired by Mr. Marriott approved a net half year profit of 36,868 19s 10d and a 12 percent ordinary plus 1 percent extraordinary dividend. Directors noted rising colonial prices and high interest, announced transfer of Bank of Jamaica business to this bank for 10,000, and appointed new auditor James Scott with Mr Eden Colville filling a vacancy.
MENTIONED IN THIS ARTICLE
London Tavern
C. Marriott
London
Banker’s
Colonies
Bank of Jamaica
Colonial Bank
Eden Colville
Henry Bruce
James Scott
Colville
Circulation of Private and Joint-Stock Banks in the UK
The Bankers' Magazine reports four week circulation data for England and Wales private and joint-stock banks ending December 10, combined with Scotch and Irish figures and Bank of England bullion levels to show UK note circulation changes. English private banks and joint-stock banks remain below fixed issue while Scotch banks exceed it. Irish banks are below fixed issue. Bullion held by the Bank of England rose to 13,953,517 with bullion increases from prior months. Gold and silver held by Scotch and Irish banks rose to 4,693,985, up from the previous return and year.
MENTIONED IN THIS ARTICLE
Imperial Ottoman Bank
Constantinople
Imperial Treasury
Liussiarrirs
Bankers’ Magazine
England
Wales
Bank of England
United Kingdom
Seat
Dee
Scotland
Ireland
Fa Tha Atatéan Na Tha Alan Lai
Addie wins against Western Bank liquidator in Edinburgh trial
In Edinburgh the eight day Jury Court trial led by the Lord President concluded with a verdict for Mr. Addie, coal and iron master of Viewpark, Lanarkshire, against the late Western Bank liquidator and partners for £10,315 plus calls and interest totaling about £35,000.
MENTIONED IN THIS ARTICLE
Western Bank
Scotland
Edinburgh
Court of Session
Addie
Viewpark
Lanarkshire
Torrens
Andrie
Mr. Torrens
Taylor
Mr. Addie
Also Mentioned on This Page
Banking Chronicle
Ral
Sco
South-Eastern Banking Company