Grsremrx:—The Directors submit to you the annexed. Statement of the Liabilities and Assets of the Bank, and Profit and Loss Account for the Half-year ending 31st December, 1895.
'The Gross' Profits of the Bank for the past half-year, including yen 36,369.073 brought forward from last Account, amount yo yer 1,667,125.054, of which yen 1,032,366.456 have been deducted for Current Expenses, Interest. on Deposits, etc., leaving a balance of yen 634,758.598, out of which yen 32,900.000 have been written off for Officials' Remuneration, The Directors now propose that yen 60,000.000 be added to the Reserve Fund, Increasing its total to ye 3,744, 000.000, 50,000,000 to the Reserve for Equalisation of Dividends, thus increased to yen 385,000.000, that yen 50,000,000 be reserved for the New Building contemplated. Out of the remainder they recommend a Dividend at the rate of Fifteen per Cent per Annum, which will absorb yer 225,000,000 on the Old Shares, and_ yen 112,500.000 on the New Shares, making a total of yen 337,500,000.
The Balance, yeu 54,358.598, will be carried forward to the credit of next Account.
Soxopa Koxrcar, Chairman.
Head Office, Yokohama, 10th March, 1896.
Tue Yoxonama Srect: Baxx, Louren,
Text read from the printed page and cleaned; old type leaves the occasional error.