Annual Report Of The Commissioner Of Banks For The Year Ending December 31 1949 Vol 2

Excerpt from Annual Report of the Commissioner of Banks for the Year Ending December 31, 1949, Vol. 2: Relating to Trust Companies and Certain Other Financial Institutions Reports of earnings and profits submitted to this department at this time include operations for the calendar year 1949. The combined net operating earnings of all departments of trust companies increased substantially both in 1948 and 1949. A large reduction in net profits before dividends was sustained in 1948, a loss that was partially retrieved in 1949 but is far below the profit figure attained in 1946 and earlier years when the securities market was strong and losses from loans to business were comparatively low. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.