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Clearing-Houses




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20.95 EUR*
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Partner:buecher.de
Hersteller:Forgotten Books (Cannon, James G.)
Stand:2015-08-04 03:50:33

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Produktbeschreibung

Excerpt from Clearing-Houses: Their History, Methods and Administration The Settlement of Clearing-House The Balances; Results accomplished by settlements - Ratio of balances to clearings - Settlements with money - Clearing-house settlements in Canada - Money in labeled packages - Objections to silver - Methods of settling balances without money - Advantages of the managers check over settlements in cash; Clearing-House Exchanges; Location of clearing houses - Arrangement of furniture - Hour of making exchanges - Clearing matter - Character of indorsements - Messengers and settling clerks - Conducting the exchanges - Determining balances - Two clearings a day; Clearing Country Checks; The growing use of checks - The difficulty of country checks - Remedies proposed - State and National clearing houses - The Kansas City, Mo., plan - The Atlanta, Ga., plan; Typical Journey of a Country Check Remitted for a City Account; The small amount of work required of payer and payee - The large amount of work required of the bank in which the check is deposited and its correspondent - What the receiving bank does - What its regular correspondent in the city nearest the country bank is required to do - What the country bank has to do - An illustrative example; Clearing-House Loan Certificates; What clearing-house loan certificates are - Origin - Interest rates - Uses First issue in 1860 - The issues of 1861, 1863, and 1864 - Action of various clearing houses in 1873 - New Orleans in 1879 - New York in 1884 - Action of the New York, Boston, and Philadelphia clearing-house associations in 1890 - General resort to loan certificates in 1893 - Emergency circulation in the South, Boston, and Philadelphia in 1895 - New Orleans in 1896 - Calculations of interest About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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