Circular Notes, etc. 3,000,000
Acceptances 6,000,000
Profit and loss 500,000
-----------
£104,000,000
-----------

ASSETS

Cash in hand and
at Bank of England £12,500,000
Cash at call and
short notice 13,000,000
Bills discounted 19,000,000
Govt. Securities 5,000,000
Other Investments 4,500,000
Advances and loans 42,000,000
Liability of customers
on account of
Acceptances 6,000,000
Promises 2,000,000
-----------
£104,000,000
-----------

On one side are the sums that the bank has received, in the shape of
capital subscribed, from its shareholders, and in the shape of deposits
from its customers, including Dr. Pillman and thousands like him; on the
other the cash that it holds, in coin, notes and credit at the Bank of
England, its cash lent at call or short notice to bill brokers (of whom