A Counting House Guide Containing Copies of the Chief Commercial Documents Now
A Counting House Guide Containing Copies of the Chief Commercial Documents Now
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In our eReader you can find the full English version of the book. Read A Counting House Guide Containing Copies of the Chief Commercial Documents Now Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A Counting House Guide Containing Copies of the Chief Commercial Documents Now
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To quickly assess the difficulty of the text, read a short excerpt:
19 290 A COUNTING-HOUSE GUIDE.
MONEY MAEKET.
The Money Market is a term covering the whole of the dealings in money, the discounting of bills of ex- change, the rates of interest charged on loans, and the transactions in money dealings generally. A full know- ledge of the Money Market and the influences which affect it cannot be learnt from books, but we offer the- following explanations as showing the importance of the subject.
When trade is active money gets scarce there are more banking oper...ations, more bills are created, and more money is wanted for business ; when trade is stagnant less money is wanted, fewer bills are issued, and the supply of money will be large.
It is somewhat difficult for a beginner to understand the causes of fluctuations in the value of money ; that is, the interest that can be obtained upon it ; but the most important point to remember is the price to be paid, for a loan of capital necessarily varies with the supply and demand, the same as it does with everything dealt in ; but capital is also subject to a great number of fluctuations, partly due to the state of credit.
What to read after A Counting House Guide Containing Copies of the Chief Commercial Documents Now?
You can find similar books in the "Read Also" column, or choose other free books by W G William George Cordingley to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
19 290 A COUNTING-HOUSE GUIDE.
MONEY MAEKET.
The Money Market is a term covering the whole of the dealings in money, the discounting of bills of ex- change, the rates of interest charged on loans, and the transactions in money dealings generally. A full know- ledge of the Money Market and the influences which affect it cannot be learnt from books, but we offer the- following explanations as showing the importance of the subject.
When trade is active money gets scarce there are more banking oper...ations, more bills are created, and more money is wanted for business ; when trade is stagnant less money is wanted, fewer bills are issued, and the supply of money will be large.
It is somewhat difficult for a beginner to understand the causes of fluctuations in the value of money ; that is, the interest that can be obtained upon it ; but the most important point to remember is the price to be paid, for a loan of capital necessarily varies with the supply and demand, the same as it does with everything dealt in ; but capital is also subject to a great number of fluctuations, partly due to the state of credit.
What to read after A Counting House Guide Containing Copies of the Chief Commercial Documents Now?
You can find similar books in the "Read Also" column, or choose other free books by W G William George Cordingley to read onlineMoreLess
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