620
AUSTRIA- HUNGARY
million crowns, the Bank pays a tax to the State of 5 per cent. The State, under certain conditions, takes a portion of the clear profits of the bank. From these profits, first 4 per cent, on the share capital is paid to the shareholders, of the remainder 10 per cent, is transferred to the reserve fund, and 2 per cent, to the pension fund. The remainder is divided into two portions : one falls to the two States ; from the other the dividend to the shareholders may be made up to 6 per cent. Of whatever still remains of the latter portion, (so loui^ as it does not exceed 7 per cent.) one-third falls to the shareholders and two-thirds to the two States. Each of them participates in these benefits each year in the proportion of the tax paid within its territory on the taxable business of the Bank.
Statistics of the Austro-Hungarian Bank in thousands of crowns : —
1009 1910 1911 1912
Liabilities
Capi- tal
210,000 210,000 210,000 210,000
Re- Note serve Circula- Fund tiOD
Mort I Total in- S^ses^ others
Assets
Cash
Dis- counted Bills, &c.
20,li'7'2,188,041i293,594'3,022,63S 1,713,019 23,53li2,375,93S 293,05". 3,225,1651 1,669,168 '
Qf„i i Loans Total in-
Loan|«"^^'V ^^.-t^^i^g property! others
25,5632,540,961 291,240 3,470,067 1,635,701 1,141,833 28,408 2,815, 797;293,26l|3,743,16S 1,507,575 1,341,107
687,784 60,000! 299,984 'S,022,638 889,088 00,000j 298,347 (3,225,165
60,000| 297,806 3,470,067 60,000i 299,455 3,734,168
The closed accounts of the Bank for 1912 showed a net profit of 40,079,628 kronen (1,669,984/.).
Money, Weights, and Measures.
In Austria by law of August 2, 1892, and iu Hungary by Law XVII of 1902, the monetary system of Austria- Hungary was reformed on a gold basis, though the standard coin, the crown (krone, korona), is not coined in gold. The new coins with English equivalents are —
Gold :— The hundred-crown piece (gross weight 33 •8753387 grammes 0*900 fine, and fine weight 30-4878048 grams) = 4Z. 3s. 4^. (laAv of August 11, 1907). The twenty-crown piece (weighing 6 775067 grammes "900 fine, and thus
containing 6*09756 grammes of fine gold) = I65. 8d. The ten-crown piece = 8s id. The single ducat = 11 crowns 29 heller (filler) = 9s. i^d.
Silver : — Five-crown pieces = 500 heller.
Two-crown pieces (weighing 10 grammes) = 200 heller. The single crown (weighing 5 grammes "835 fine, and thus containing 4*175 grammes of fine silver) — 100 heller = half-a-gulden (forint) of the old coinage = lOd. Nickel : — The twenty-heller (20-filler) piece = 10 kreuzer (krajczar) of the old coinage = 2d.
The ten-heller (10-filler) piece = 5 kreuzer (krajczar) of the old coinage = Id.
Bronze : — The two-heller (2-filler) piece = 1 kreuzer (krajczar) = ^d. The single heller (filler) piece = ^ kreuzer (krajczdr) = ^^d. Silver crown-pieces are accepted to any amount at Government offices, but in general circulation they are legal tender only up to 50 crowns. The notes of the State Bank are legal tender.
