GIPE-PUNE-OIIOI2 - DSpace@GIPE

H4
THE BANK CAPITALISM OF YOUNG BENGAL
Disconto-G esellschaft
For the year:t 925 the Disconto-Gesellschafe o
~eclared a dividend of TO per cent. This was the rat~
for 1924 also. The net profit was "moderate," counted
at 10,667,000 M, somewhat lower than that for 1924
(namely, 10,772,000 M). For 1913 the figure was
25,727,000 M.
Bills of exchange and interest yielded 25,203,000
Marks in the place of 25,804,000 M -of 1924. Stocks
and securities accounted for 1,766,000 M against
4,918,000 M of 1924 and "pl'ovisi6ns" (commission)
brought 24,799,000 M compared to 30,827,000 M in
1924.
The Disconto-Gesellschaft possessed the total share:>­
~apital of the Nord-I?euts·ehe Bank and the Schaffhausen
.Bank. The profits of these two institutions brought to
the D.G. the sum of 1·2 million M, a huge fall from the
2·5 million M of 1924.
There were several other banks and credit institutions
in which the D.G. was a permanent and prominent
shareholder. Out of the proceeds from these sources the
p.G. obtained 2,305,000 M, a phenomenal rise from the
0,324,000 M of 1924.
Correspon,ding to the fall in: the incomes there was
a fall in the total expenses of administration. From
49,483,000 M of 1924 the figure came down to
42,498,000 M in ,1925. The sinking of expenses was
accounted for also by the leduction in profit-sharing as
30 It has been amalgamated with the Deutsche Bank in 1930 and does
not at present p08sesa an independent existence. See In/ra.