Chapters On Banking
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5. 76o " " u 3. 9*250 " 5. 6, 340 < < " 4. 7, 680 *' " 6, 5. 870 n < 6, 5. 940 $29, 870 $36, 230 No. 3, checks on No. i, $6, 750 No. 6, checks on No. i, $3, 700 " 2, 4, 270 " " <( 2, 4, 100 it (i if 4. 5. 9oo iC ti 3' 6, 740 (i " " 5, 6, 400 < ( (( i t 4. 9, 250 < " " 6, 5. 940 l< ({ " $i 7. 850 $29, 260 $31, 640 In July, 1885, taking the proportions for an equal amount of capital, shows the following contrast : /5j2. F8Sj. Capital, 35 millions, 35 millions. Loans, 70 " no " Individual deposits, 9 " 112 Notes, 26 " 13 " 38 CHAPTERS ON BANKING. The sum of all the checks present is $191, 700. If, now, we credit each bank with the checks which it presents against the others, and charge it with the checks presented by them against it, we shall find that No. I is charged with $35, 740 and credited with $33, 550, that No. 2 is charged with $24, 190 and credited with $29, 870, and so for the others, and, therefore, that, No. I owes a balance of $2, 190 No. 2 is owed " " $5, 680 No. 3 owes " 6, 770 No.
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To quickly assess the difficulty of the text, read a short excerpt:
5. 76o " " u 3. 9*250 " 5. 6, 340 < < " 4. 7, 680 *' " 6, 5. 870 n < 6, 5. 940 $29, 870 $36, 230 No. 3, checks on No. i, $6, 750 No. 6, checks on No. i, $3, 700 " 2, 4, 270 " " <( 2, 4, 100 it (i if 4. 5. 9oo iC ti 3' 6, 740 (i " " 5, 6, 400 < ( (( i t 4. 9, 250 < " " 6, 5. 940 l< ({ " $i 7. 850 $29, 260 $31, 640 In July, 1885, taking the proportions for an equal amount of capital, shows the following contrast : /5j2. F8Sj. Capital, 35 millions, 35 millions. Loans, 70 " no " Individual deposits, 9 " 112 Notes, 26 " 13 " 38 CHAPTERS ON BANKING. The sum of all the checks present is $191, 700. If, now, we credit each bank with the checks which it presents against the others, and charge it with the checks presented by them against it, we shall find that No. I is charged with $35, 740 and credited with $33, 550, that No. 2 is charged with $24, 190 and credited with $29, 870, and so for the others, and, therefore, that, No. I owes a balance of $2, 190 No. 2 is owed " " $5, 680 No. 3 owes " 6, 770 No.
What to read after Chapters On Banking?
You can find similar books in the "Read Also" column, or choose other free books by Charles Franklin Dunbar to read online
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