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1032

(1904) Author: Gustav Sundbärg
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1032 XIV. CREDIT AND INSURANCE ESTABLISHMENTS OF SWEDEN.

Table 161. The condition of the Banks on Dec. 31, 1903.

In million kronor à lio shilling or 0-268 dollar.

) Bank of j Sweden. Private Banks. Joint-stock Banks. Total.
Liabilities. -

Capital paid-up ................„....... 50 000 74638 126282 234820
Surplus...................................... 12 918 46 609 57 093 116 620
Note Circulation*....................... 165848 4 051 0535 17*429
Bank post-bills outstanding......... 2062 18969 18477 3150»
Deposits................................... 0006 370605 266665 ttl’176
Current accounts........................ 47 740 59 603 77 847 185190
Savings..................................... _ 42-590 »8-740 141330
Dne to foreign banks and bankers 0-861 18236 26 315 45-41?
Sundry accounts........................ 1 3 971 117473 153-373 274817
Total | 283 401 752 574 824327 1,810 302
Assets.
Cash in gold.............................. 59 006 0 239 0 135 51380
Other Cash in hand .................... 1 3-616 21 096 21138 45850
Investments............................... 16-108 102 162 60053 178 323
Due from foreign banks and bankers .... 19 333 17 177 11440 47950
Foreign bills ............................. 8818 13-558 12.139 34-715
Discount»................................... 89 233 181772 168197 43* 202
Loans....................................... 18478 247 922 359-759 628154
Cash credits............................... 4 598 118954 123 873 247 425
Sundry accounts......................... 64-216 49 694 67 393 ISI303
Total 283 4 01 752574 824 327 1,8*0302
Unnsed issue of notes................. 30 641 — — 30641

system of loans on real estate or a pawnbroker’s business, are expressly
exempted from the regulations of this law. For these last named and
for other companies which conduct a loan business without carrying on
actual banking business, there is a special law of May 27, 1898. which,
however, only prescribes that a Government concession is required, and
that when granting such a concession, the Government has to observe
that the companies’ »Statutes of association» be in accordance with the law
about joint-stock companies and other acts and statutes, and to determine
upon the special stipulations required besides.

3. MORTGAGE ESTABLISHMENTS.

The mortgage establishments in our country having reference to
agriculture are previously dealt with in a special article, p. 598. As for
the rest, the most important are the General Mortgage Bank for the Towns
of Sweden and the Stockholm Mortgage Security Company, Limited.

* The figure 0 535 million refers to four banks which have been reorganized into
Limited Liability Banks.

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