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Image from page 591 of “The practical work of a bank : a treatise on useful financial which aims to show the fundamental maxims of money, the practical work of a lender in more detail, and specifically, credit with its regards to banking businesses” (1915)
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Identifier: practicalworkofb00knif
Title: The useful work of a lender : a treatise on practical financial which is designed to show the basic maxims of income, the practical work of a bank thoroughly, and especially, credit with its reference to financial businesses
Year: 1915 (1910s)
Writers: Kniffin, William Henry, 1873-
Subjects: Banks and financial Bank management Money Bank loans
Publisher: New York : Bankers Pub.
Adding Library: University of California Libraries
Digitizing Sponsor: MSN

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me personally of tradingone country does with another. The nation that purchases morethan it sells—owes above it has as a result of it—is the debtornation, and also the trade stability is against it, and must settlein money within will of this creditor. The resources of currency exchange are: (1) Merchandiseshipped overseas against which drafts tend to be drawn and sold inthe trade marketplace; (2) securities offered, the vendor drawingon the customer; (8» foreign money loaned inside market, theoperation consisting of drawing drafts from the loan provider; (4)finance bills, due to the banker abroad alloWng abanker here to-draw on liim, the drafts being sold and pro-ceeds found in economic transactions through to the draft arrives.^ lElements of International Exchange—Escher. 572 THE PRACTICAL WORK OF A BANK Whenever a consignment of merchandise goes abroad, asa rule, a draft is attracted in the customer because of the seller, and spldin the marketplace, the vendor entering instant control GuamMylVustCompany, of I^^ ■iykJi_*/>i^/j.mMi^-^^^^^^^^^

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[Ml 7>^//>/ /i^C- /V/f/, ^r^iff f/.-^f^r ///>., Ml [MlM] -■iM][HMliMl[Ml(MlIMl(Ml[M?[Ml[Ml[MlMlMlIMlMl[Ml(Ml MlMI MIMl .Of^ 0 .■■ //.A- -■■■mn/i/^AViw/i I am (Ml [Ml iiiiiiiiiii!j[[ai^[i^ll^liiijt^;^]liiji[!jyijlEj;jj[i^ LETTER OF CREDIT of their cash. The trade movements, consequently, regulate thenumber and level of these bills, since they are because volumi-nous as commerce is quick or lifeless. Wlien ocean transportation op-erations are in a practical standstill, as gotten during the INTERNATIONAL AND DOMESTIC EXCHANGE 573 very early part of the current war, no bills arise, for no goodsmove, and prices are, for that reason, large. Big stocks of bonds and securities take place overseas, theEuropean nations becoming huge investors in United states securi-ties. Whenever a transaction is consummated, the securities areforwarded and draft connected. Plus the moves of secu-rity holdings, therefore, affect the availability of expenses. In maldng loans, bankers don’t send the money, but al-low their correspon

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Image from page 11 of “Take a look at ny with Henry Hope Reed, Jr.– : some well-mapped walking trips, reprinted from pages associated with the nyc Herald Tribune” (1900)
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Identifier: discovernewyorkw00reed
Title: Discover Ny with Henry Hope Reed, Jr.– : a few well-mapped walking trips, reprinted from the pages regarding the Ny Herald Tribune
12 Months: 1900 (1900s)
Writers: Reed, Henry Hope
Topics:
Publisher: [New York? : New York Herald Tribune]
Adding Library: University of Maryland, University Park
Digitizing Sponsor: LYRASIS users and Sloan Foundation

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t,architect associated with nyc stock-exchange. It isan odd mixture of the classical and Romanesque,boasting a picturesque facade performed in moldedbrick and terra cotta—probably among the firstlocal efforts used for the second product. Furtheron, in the right-hand side, could be the Church of theSaviour, another of Lafevers, online dating from 1844.Here, Gothic Revival was extended even to thecast-iron fence, which sports castellated posts andgates. At Monroe destination, named for PresidentJames Monroe, the austere facade of this AppellateDivision associated with Supreme legal of State of NewYork, Second Division, greets the passerby. It wasdone in 1938 by Slee & Bryson. On the east side ofMonroe Place, at No. 48, is seen a pair ofbasket-work newel posts of wrought iron, typicallyGreek Revival; they’re one of the better of theirkind found from the Heights. %wn. time for Pierrepont, the tour continueswest. At No. 104 appears a handsome brownstonefront, in excellent state of conservation. Its

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Ken Rtigef old Brooklyns Pierreponl Street could be the main stem of todays tour, which leads us from business-like atmosphereof Clinton Street to the peaceful, gracious methods to the Esplanade, featuring its splendid ny harbor view. obviously Anglo-Italian; which, it absolutely was inspired byLondon clubs and houses of the 1830s and 1840s,which in turn produced from Roman Renaissancepalaces. At No. 86 is a much-altered house whereonce lived Henry Lewis Tappan, one of the manyNew Englanders whom decided on Heights priorto the Civil War. He and his brother, Arthur, weresuccessful entrepreneurs (Lewis founded the firstcommercial-credit rating company in the country)who aided fund the Abolitionist movement. Infact, therefore prominent were they previously that LewisTappans earlier in the day residence on New york ended up being sackedby an anti-Abolitionist mob in 1834. The tour crosses Hicks Street, called for thebrothers Hicks, just who created the northern borderof the Heights. They truly are thought to have enjoyed thenicknames

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Image from web page 4 of “The Illinois main railroad organization provides for sale over 1,500,000 acres selected agriculture and lumber places, in tracts of forty acres and up, to accommodate customers, on long credits at low rates of interest, situated for each part
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Identifier: illinoiscentralr00ill
Title: The Illinois main railroad business offers available over 1,500,000 acres chosen farming and timber places, in tracts of forty miles and upwards, to accommodate customers, on long credits and also at low rates of interest, situated for each part of these railroad, expanding completely from extreme north south of this state of Illinois
Year: 1857 (1850s)
Writers: Illinois Central Railroad Company
Subjects: Railroad land grants
Publisher: Chicago, Illinois central train roadway workplace
Adding Library: The Library of Congress
Digitizing Sponsor: Sloan Foundation

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. Louis, for Jeflerson City, and all sorts of things in Kansas and Nebraska. At Cairo, with U. S. Mail Steamers, (Daily,) for Memphis, Natchez, Vicksburg, NewOrleans, and all sorts of points regarding Lower Mississippi. Through Tickets may be procured at all Bailroad workplaces. JAMES C. CLARKE, JOHN CORNING, Master of Transport, General Traveler Agent, Buffalo. NY. CHICAGO, III. y:^r^^ per cent LIBRARY OF CONGRESS 0 016 090 205 letter *

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Diinlcith ^_,MtMioniiHMtT^illinoiscentralr00ill

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