Banking

Chapter 46: Each, Fifty Cents Net

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About This Book

A compact survey explains the services banks provide — safekeeping, payments, short- and long-term lending, and intermediating investments — and distinguishes commercial from investment banking. It outlines commercial operations such as commercial paper and discounting, checking account practice, note issuance, collections, and domestic and foreign exchange, then analyzes practical problems of cash supply, loan selection, interest rates, safeguards against unsound practices and inflation, and service efficiency. It examines American institutions and reform proposals, compares English, French, German, and Canadian systems, and reviews investment banking forms including savings institutions, trust companies, bond houses, land banks, stock exchanges, and remaining structural defects.

The National Social Science Series

Edited by Frank L. McVey, Ph.D., LL.D.,
President of the
University of North Dakota

Now Ready

MONEY. William A. Scott, Director of the Course in Commerce, and Professor of Political Economy, University of Wisconsin

TAXATION. C. B. Fillebrown, President Massachusetts Single Tax League, Author of A B C of Taxation

THE FAMILY AND SOCIETY. John M. Gillette, Professor of Sociology, University of North Dakota

BANKING. William A. Scott

In Preparation

THE CITY. Henry C. Wright

TRUSTS AND COMPETITION. John F. Crowell

THE COST OF LIVING. Walter E. Clark

STATISTICS. W. B. Bailey

BASIS OF COMMERCE. E. V. Robinson

PUBLIC FINANCE. Carl C. Plehn