The Labour Gazette Volume 6

The Labour Gazette Volume 6

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1906 edition. Excerpt: ...products and manufactures. For the five months ended November 30, the total imports were $116,535,548, compared with $109,157,775 for the same period of 1904 and the total domestic exports were $111,791,082 compared with $94,099,147 last year. Imperial trade.--Reports of Canadian commercial agents showed good openings for butter and apples in Great Britain and for canned lobsters in Australia. Domestic trade.--Retail trade, both in the cities and in the country districts, was exceedingly heavy and the amount of money in circulation was larger than in any previous year. There was considerable resultant activity also in the ordering ol wholesale lines which the trade had cleared out, but no decided movement of staples was expected until well into the new year. Collections reflected the general prosperity, showing a much easier tendency. Canadian securities remained firm notwithstanding the unusually high rate reached for call loans. Bank clearings were very heavy. At the 31st annual meeting of the shareholders of the Bank of Ottawa, net proceeds of $360,187.57 were declared. Eight new branches were opened during the year and arrangements for the opening of two additional ones were completed. $500,000 additional stock was issued, at a premium of 100 per cent. The percentage of earnings to capital, 14.40, was slightly over the percentage of last year. Deposits showed larger increases than in any previous year and commercial loans were nearly $2,000,000 greater. The Bank of Hamilton showed earnings of $357,000, out of which $135,000 were added to rest account. It was proposed to increase the capital by $500,000. The Hochelaga Bank showed net profits of $492,992, a rate of over 16 per cent on the paid-up capital. $250,000 was carried to the reserve....show more

Product details

  • Paperback | 808 pages
  • 189 x 246 x 41mm | 1,415g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236605632
  • 9781236605634