THOS. COOK AND SON (BANKERS), LTD.
The latest balance-sheet of Thos. Cook, and Son (Bankers), Limited, to October 31, shows a growth of activity with extreme liquidity. The bank is a private company having its origin in the firm of Thos. Cook and Son established as far back as 1841. Twelve years ago the business of Thos. Cook was divided into two parts, one company taking over the travel organisation and the other the banking side of the business. The balance-sheet of the banking company for 1936, with the comparative figures for 1935 in parentheses, shows principal items as follows: —Current', deposit, and • other accounts, £4,016,800 (£3,241,663); cash and currencies on hand and at bankers, £735,677 (£641,347); remittances in transit, £210,740 (£162,121); money at call, £435,000 (£95,000); bank deposits at interest, £1;953,124 (£1,784,181); India Government Treasury Bills, £9440 (£101,953); British/Indian, and Dominion Government securities, £554,618 (£459,038); other securities, £48,210 (£27,491); advances to customers and other accounts, £283,272 (£209.509)., Published reserve is £125,000, equal to. paid-up capital. Internal reserves have been further strengthened as a result of the past year's operations.
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https://paperspast.natlib.govt.nz/newspapers/EP19370226.2.143.23
Bibliographic details
Evening Post, Volume CXXIII, Issue 48, 26 February 1937, Page 12
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180THOS. COOK AND SON (BANKERS), LTD. Evening Post, Volume CXXIII, Issue 48, 26 February 1937, Page 12
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