The Principles and Practice of Banking |
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Page 15
... invested by the government with a monopoly of the trade to those countries of which they were natives , and they also possessed peculiar privileges . " As the Lombards engrossed the trade of every kingdom in which they settled , they ...
... invested by the government with a monopoly of the trade to those countries of which they were natives , and they also possessed peculiar privileges . " As the Lombards engrossed the trade of every kingdom in which they settled , they ...
Page 86
... invested capital , and the banking capital . The invested capital is the money paid down by the partners for the purpose of carrying on the business . This may be called the real capital . The banking capital is that portion of capital ...
... invested capital , and the banking capital . The invested capital is the money paid down by the partners for the purpose of carrying on the business . This may be called the real capital . The banking capital is that portion of capital ...
Page 87
... invested capital , the bank may be considered to have made no profits at all . The partners have received no higher dividend upon the capital invested in the bank than they would have received if the same money had been laid out in ...
... invested capital , the bank may be considered to have made no profits at all . The partners have received no higher dividend upon the capital invested in the bank than they would have received if the same money had been laid out in ...
Page 108
... invested ; they will draw bills against it and sell them in the market . This new supply of bills will lower the price , and make the exchanges favourable . It should always be recollected that the transmission of money as subsidies ...
... invested ; they will draw bills against it and sell them in the market . This new supply of bills will lower the price , and make the exchanges favourable . It should always be recollected that the transmission of money as subsidies ...
Page 113
... invested in the commodities they have purchased ; but if they accept his bills , drawn at three months after date , he can , if in good credit , get those bills discounted at the bank in his town , and then employ this money in the ...
... invested in the commodities they have purchased ; but if they accept his bills , drawn at three months after date , he can , if in good credit , get those bills discounted at the bank in his town , and then employ this money in the ...
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Common terms and phrases
accepter accommodation bills advances amount of notes balance bank notes Bank of England Bank of Ireland Bank of Scotland banking company banking department banks of issue bill or note bills of exchange branch bank branches brokers bullion called capital cash credit cent charter cheque clerks commercial committee country bankers currency customers debit debt demand deposit accounts deposits directors dividends drawn duties employed England notes establishment exchequer bills favour foreign funds give Government securities governor and company hands hence holder increase indorsed invested issue department issue notes issue of notes joint-stock banks keep liabilities loans London bankers manager ment merchants months notice occasion operations paid party payable payment person principle private banks produce profit promissory notes public companies rate of interest received seasons of pressure shareholders speculation stamp Steady & Co trade transactions usually