The Principles and Practice of Banking: By the late James W. Gilbart. Thoroughly revised and adapted to the practice of the present dayBell & Daldy, 1871 - 630 pages |
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Page 6
... reduced the market - rate of interest by lending sums of money at a low rate , and by advancing money to poor citizens to purchase lands , and agreeing to receive payment from the produce . After commerce and the arts had revived in ...
... reduced the market - rate of interest by lending sums of money at a low rate , and by advancing money to poor citizens to purchase lands , and agreeing to receive payment from the produce . After commerce and the arts had revived in ...
Page 8
... reduced above nine per cent . below that of good money fresh from the mint . The bank received these de- ficient coins at nearly their intrinsic value , and made all its issues in coin of the standard weight and fineness . At the same ...
... reduced above nine per cent . below that of good money fresh from the mint . The bank received these de- ficient coins at nearly their intrinsic value , and made all its issues in coin of the standard weight and fineness . At the same ...
Page 16
... reduced to eight per cent . in 1624 , and to six per cent . in 1651. In the year 1714 it was reduced to five per cent . After the taking of interest was sanctioned by law , the term USURY , which was previously applied to interest in ...
... reduced to eight per cent . in 1624 , and to six per cent . in 1651. In the year 1714 it was reduced to five per cent . After the taking of interest was sanctioned by law , the term USURY , which was previously applied to interest in ...
Page 24
... reduced the bank capital to the original sum of 1,200,0007 . 1708. The bank charter was extended or renewed until the expiration of twelve months ' notice , to be given after the first day of August , 1732 , and until payment by the ...
... reduced the bank capital to the original sum of 1,200,0007 . 1708. The bank charter was extended or renewed until the expiration of twelve months ' notice , to be given after the first day of August , 1732 , and until payment by the ...
Page 25
... reduced from six to five per cent . 1716. July 26. The bank rate of discount on foreign and inland bills reduced to four per cent . 1717. The bank cancelled 2,000,0007 . exchequer bills , and received interest from the government at ...
... reduced from six to five per cent . 1716. July 26. The bank rate of discount on foreign and inland bills reduced to four per cent . 1717. The bank cancelled 2,000,0007 . exchequer bills , and received interest from the government at ...
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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 effect employed 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