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677

(1914) [MARC] Author: Joseph Guinchard
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other banks.

677

Table 140. Summary of the Financial Position of Swedish Banks on
October 31 1914 (in millions of lcronor).

Assets and Liabilities The Riksbank Other Banks Total


Assets.

Gold and Bullion............................103 941 0’896 104-837

Bills etc., payable at sight....................1 719 37’162 38 881

Other Legal Tender..........................8 114 11-248 19 362

Bank Premises and Furniture................— 66-333 66-333

Bonds and Government securities..............30 044 224 699 254-743

Shares......................................— 16851 16851

Claims on Swedish Banks....................— 41264 41264

» > Foreign Banks....................19-960 104-244 124’204

Bills payable in Sweden......................117’782 607’500 725 282

» > Abroad........................45’264 23949 69213

Outstanding Loans..........................40 611 1265-555 1306 166

Cash Credits and Overdrawn Current Accounts 2-971 514-441 517-412

Sundries.......................69’627_82-383_152010

Total 440-033 2 996 525 3 43»! 558

Liabilities.

Notes in Circulation..........................284-030 — 284 030

Bank Post Bills in Circulation................1 023 39 138 40 161

Current Accounts.......... . . . 58’381 272’727 331-108

Deposit Accounts............................— 1 149 605 1 149 605

Deposits on Savings-Bank Accounts............— 372-389 372-389

Liabilities to Swedish Banks..................— 143 019 143 019

> • Foreign Banks..................17 343 88’032 105 375

Loans Raised................................— 133 951 133 951

Sundries....................................7 956 141-174 149 130

Original Subscribed Capital..................50-000 379-577 429-577

Other Funds.....................21-300_276 913 298 213

Total 440033 2 996 525 3 436558

Note Issue................. 332-882

UnutilizedfNote Issue............ 48852

sited for safe custody and administration, and carry out the sale and
purchase of securities on commission for customers.

Of the eminent men who have furthered the development of banks and
banking most effectively A. O. Wallenberg (d. 1886) is indisputably the
foremost; the Stockholms Enskilda Bank was his creation. Others
deserving mention are Theodor Mannheimer (d. 1900), Louis Frænkel (d. 1911),
K. A. Wallenberg (at present Minister for Foreign Affairs) and Marcus
Wallenberg.

Of the Swedish banks other than the Riksbank the three following
possess funds amounting to upwards of 50 million kronor, viz. the
Skandinaviska Kreditaktiebolaget, 93 million kronor, the Stockholms
Handelsbank, 66 million kronor, and the Stockholms Enskilda Bank, 52 million
kronor. The three banks mentioned are moreover those that most frequently
participate in the large financial transactions that are from time to time
inaugurated, latterly often in conjunction with Aktiebolaget Sveriges Pri-

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