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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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