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KING SOLOMON WASH-UP.

The King Solomon mine wash-up was 360z 12dwt for the week's work.

THOMAS COOK & SON (BANKERS), LTD.

The annual balance-sheet of Thomas Cook and Son. (Bankers), Ltd., shows investments, £620,139, including £473,247 of British Government securities standing at below market value, depreciations having been provided out of the year's profits. Cash holding, £420,364, shows a ratio o£ 16 per cent, to deposits, remittances in transit,- 13.2 per cent., and money at call 4.6 per cent.; thus against deposit liabilities the bank holds 33 per cent, cash and money at call, and 23.6 per cent, of investments. Bills discounted .were £536,000 ra British and £542,000 in Indian Treasury mils, representing cash and easily realisable assets of over 90 per Cent, of deposit liabilities. Deposits at £2,623,859 show a small reduction. Being a private company, the bank publishes no profit or loss acliCount.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19320208.2.118.15

Bibliographic details

Evening Post, Volume CXIII, Issue 32, 8 February 1932, Page 12

Word Count
144

KING SOLOMON WASH-UP. Evening Post, Volume CXIII, Issue 32, 8 February 1932, Page 12

KING SOLOMON WASH-UP. Evening Post, Volume CXIII, Issue 32, 8 February 1932, Page 12

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