THERE are some telling figures in an article in the Heonomist of May 17th on " Our Joint-Stock Banks," the number of which, owing to amalgamations, has been reduced by ten since last year. While the number of banks has been reduced, the total paid-up capital has also been slightly reduced, but its market value has been enhanced. The figures are for May, 1890 and May, 1889, respectively 1 890, Joint-Stock Banks, Capital paid up, Market value een} £53,790,000 165,197,000 Scotland 9,052,000 22,943,000
Text read from the printed page and cleaned; old type leaves the occasional error.