Your Bankers' Position At a Glance
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To quickly assess the difficulty of the text, read a short excerpt:
1— I I^ o 0) O r^ 1—1 ■»H -f' CO •T o 1^ o s o CO p— 1 Tl ^ CO ^|m rH|« CO lO '^f^ lO ■rt CO CO i-H CO CO r^l^ C4 -^ (N tJ o W h:; Q BRITISH LINEN BANK. 237 l)ut at the dawn of the twentieth centuiy, a balance sheet is supposed to disclose a bank's position, and this can only be done by specifyins: the cash in hand.
Investments ai'e — Stock in 2f and 2^ ^ , Local Loans 3 Jo , Egyptian Guaranteed 3 % , and Indian and Colonial Government Securities £1,966,368 Bank of England Stock, Coi-poration, ...Railway Debenture and other Stocks (including £445 lis. 5d.
Bank's own Stock) 1,997,032 £3,963,400 These show a ratio per cent, to liabilities of 27"34, but their arrangement is quite mediajval. A modern balance sheet should state separately — Cash in hand.
Cash with bankers on demand.
Money at call and short notice (14 days).
Securities of and guaranteed by the British Govern- ment.
Indian Railway Guaranteed Bonds.
What to read after Your Bankers' Position At a Glance?
You can find similar books in the "Read Also" column, or choose other free books by Henry Warren to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
1— I I^ o 0) O r^ 1—1 ■»H -f' CO •T o 1^ o s o CO p— 1 Tl ^ CO ^|m rH|« CO lO '^f^ lO ■rt CO CO i-H CO CO r^l^ C4 -^ (N tJ o W h:; Q BRITISH LINEN BANK. 237 l)ut at the dawn of the twentieth centuiy, a balance sheet is supposed to disclose a bank's position, and this can only be done by specifyins: the cash in hand.
Investments ai'e — Stock in 2f and 2^ ^ , Local Loans 3 Jo , Egyptian Guaranteed 3 % , and Indian and Colonial Government Securities £1,966,368 Bank of England Stock, Coi-poration, ...Railway Debenture and other Stocks (including £445 lis. 5d.
Bank's own Stock) 1,997,032 £3,963,400 These show a ratio per cent, to liabilities of 27"34, but their arrangement is quite mediajval. A modern balance sheet should state separately — Cash in hand.
Cash with bankers on demand.
Money at call and short notice (14 days).
Securities of and guaranteed by the British Govern- ment.
Indian Railway Guaranteed Bonds.
What to read after Your Bankers' Position At a Glance?
You can find similar books in the "Read Also" column, or choose other free books by Henry Warren to read onlineMoreLess
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