Financial and economic annual of Japan Volume 6

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1906 edition. Excerpt: ...its steady development in 1905. In spite of the absence of no small number of able-bodied men at the front, and in spite of the fact that the people had to furnish supplies for an immense army in over-sea lands, the country was able to send an increased quantity of manufactured goods to foreign markets, and further, was in a position, while paying extraordinary war taxes, to make increased purchases abroad. PART IV. BANKING AND MONEY MARKET. Note:--The figures for 1905 represent those at the end of the first half year. Note:--In 1897, there were special dividends of yen 750,000 besides the dividends above mentioned. Note:--Besides the dividends above mentioned, there were special dividends amounting to yen 1,500,000 in 1897 ami yen = 2. Od. 5O2. yen 8,000,000 in 1899. Note:--(1 ) In the figures for the gross profits, total loss and net profit are included those belonging to the companies (2) The figures for I'oOo rnpresent those at the end of the first half year. (9) SAVINGS Represents the number and capital of ordinary banks which are engaged in the business of savings banks, in addition The figures for 1905 represent those at the end of the first half year. which transact the banking business in addition io their principal business. to their principal business. NOTE. BANKS. The modern system of banking in Japan dates from the promulgation of the National Banks Regulations in November, 1872. Banks of every description have since then been created in quick succession; and now thenancial organs of agriculture, industry, commerce, and various other enterprises, with the Bank of Japan as their centre, have been brought into full working order, their present number being 2,200. These banks are divided by their nature into two classes,...