IMAGE EVALUATBON TEST TARGET (MT-S) /. <- <^.^ 1.0 nil u ■50 Hi 2.2 .a 1^ us US u no 6' 1.8 L25 1114 .6 V] o /W ^. Wi ■>" w/ Sciences Corporation 23 WEST MAIN STREET WESSTERHY 14580 (716) 872-4503 U.A CiHM/ICMH Microfiche Series. CIHIVI/ICMH Collection de microfiches. Canadian Institute for Historical Microreproductions / Institut Canadian de microreproductions historiques \ \ ^ Technical and Bibliographic IMotea/Notes techniques et bibliographiques The Institute has attempted to obtain the best original copy available for filming. Features of this copy which may be bibliographically unique, which may alter any of the images in the reproduction, or which may significantly change the usual method of filming, are checked below. 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Les exemplaires originaux dont la c Juverture en papier eat imprim«e sont fiimte en commenqant par le premier plat et en terminant soit par la darnlAre page qui comporte une ampreinte d'Impression ou d'illustration, soit par le second plat, selon le cas. Toua las autras exemplaires originaux sont film^s en commandant par la premiere page qui comporte une empreinte d impression ou d'illustration et en terminant par la darnrire page qui comporte une telle empreinte. Un des symboles suivants apparaitra sur la derniire image de cheque microfiche, selon le cas: le symbols — ♦• signifie "A SUIVRE" le symbols V signifie "FIN". Lee cartea. planches, tableaux, etc., peuvent dtra fiim«s i dee taux de rteuction diffirents. Lorsque !e document est trop grand pour dtre reproduit en un seul clich«, il est fiimi d partir de I'angle sup^rieur gauche, de gauche d droite, et de haut en bas, en prenant le nombre d'images n^cessaire. Las diagrammes suivants illustrent la m^thode. 1 2 3 1 2 3 4 5 6 GENERAL STATEMENT, 3 1st may, 1898. F.IAJJILITIBS, Notes of the Hank in circulation $ 15,0^0, 42.S 00 I )eposits not bearinjjr interest $ 3,400,95;.:; 7^ Deposits bearing interest, including interest accrued to date- 10,798,152 55 $23,289,106 ^o Balances due to other Hanks in (Canada ' 16, 125 8() Balances due to A'able ist June 210,000 00 Capital paid up ■ ". $6,000,000 00 J^G^t 1 ,000,000 00 Balance of Prolit and Loss Account carrie-d forward 42.035 57 7,042,9.35 57 $34,256,103 59 Specie $410,250 S'"^ Dominion Notes 889,776 75 ,...,,.. $ 1.309.036 1 3 Deposit with Dominion C.overnnient for security of Note circulation 16:^,001 77 Notes of and Cheques on other Banks ." 894,186 1 " Balances due by other Banks in Canada 7U7^6 10 Balances due by .\ 6;i :;'>'> ■-'• $16,978,684 95 Time I oans on .Stocks ami Bonds 910.476 86 Other current Loans and Discounts 15,1 31^578 20 Overdue Debts (loss fully provided for) ' 'i6i!oo2 91 Real Estate (other than Bank premises) 1 16439 S' Mortg?^res i07!o27 02 Bank Premises and Inirniture 7.S4.401 5-- Other Assets 96^492 6"i $34,256,103 59 B. E. WALKER, General Manager. i I r^fy nil' CANADIAN BANK OF COMMI'RCH. REPORT OF THE BOARD OF DIRECTORS. To be presented to the Shareholders at the Annual Meeting on Tuesday. 21st June, 1898. The Directors l.c^r to present to the Sliareholders the thirty-first Annual Report eovenn^ the year enchnjr yst May. iSgS, too-ether with the usual Statement of Assets and Liabilities : The Balance at credit of Profit and Los,^ Account, hrouj^dil forward from last year, is c ,^ _ ,_ The \et Profits for the year endin^r _:;,st May, aft<'r proxidimr f,,,- all " "' bad and doubtful debts, is " .-- , -a ^.^ $4t)7.q.S5 57 Which has I)een ap|>ropriated as follows :— Dividends \o. h\ and 6.3 at Seven jjer cent, per annum ^a-0000 m I ranslerred to Pension l"und m'nn.^ nr. VViitten off Piank Premises and I'urniture -'^ 000 00 Balance carried forward T"-,",.,- -- Z._'?^'' ^^ $4Q7.Q3.=i 57 The usual careful revaluation of the entire assets of ihe Bank has been made, and all t)a(l and doubtful debts have been ampl\ provideii for. jn pre.sentin^r the statement at the close; of the last fiscal vear the Directors drew attention to the lar^re resources of the P>ank which the)- were obliirtul to invest in loans and securities yieldin<,r a low rate of interest. This condition continued throutrhout the year which has just closed until the marked ix^vival in all channels of business two or tiiree months a^o. The Bank has been appointed the sole aj^ent of the Dominion Government lor tile collection of the royalty to he imposed on irold mined in the Yukon District It h-is a so been appointed the banker for all the ordinary' business of the (iovernnient in that District In consequence of this and of influential lousiness connections in the Alaskan and \ukon countries, a branch of the Bank has In-en established at Dawson City A branch has also been opened at Dresden, Ont., and the sub-branch at Chaboillez Square has been closed. * The Directors have a^rain pleasure in recordino- their api)reciation of the etticiency and zeal with which their resi)ective duties have been performed by the ofhcers of the Bank. ^ GEO. A. COX, President. i'oKoNTO, June jtli, i8y«.