Hand book for Bank Officers
Hand book for Bank Officers
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Officers 155, 495 5, 488 618, 978 110, 000 Gross amount 1789, 961 DEDUCTIONS ALLOWED.
Exchanges for clearing-house Checks on other banks in the same place . . National-bank notes 80, 696 1, 020 8, 326 Twenty-five per cent, of this total amount fi®" . .
is the entire reserve required, which is Deduct 5 % redemption fund with Treasurer U. S. .
90, 042 1699, 919 174, 979 4, 500 Net reserve to be held 1170, 479 Items Composing the Net Reserve and Distribution of Same.
One-half of the net reserve is...* 185, 239 *If reciprocal accounts are kept with reserve agents, only the lief amount due from such agents is available for reserve.
Balances with approved re- serve agents amount to 144, 936 One-half of net reserve is ^85, 240 Items in bank's possession to makeup the same, viz. : Fractional silver f4, 209 Silver dollars . . 2, 006 vSilver Treas. Cert. 4, 500 Gold coin .... 41, 695 Gold Treas. Cert. 12, 050 Legal-ten 'r notes 14, 280 78, 740 "Apparent excess" with reserve agents .... $59, 697 To find "exact excess" add one-seventh of this = 8, 528 Apparent deficiencj' of re- serve in bank $6, 500 As "exact excess" exceeds balance due banks ($55, 495), take one-eighth of such bal- ance 6, 937 "Exact excess" with re- serve agents is ...
What to read after Hand book for Bank Officers?
You can find similar books in the "Read Also" column, or choose other free books by Coffin, Geo. M. (George Mathewes) to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Officers 155, 495 5, 488 618, 978 110, 000 Gross amount 1789, 961 DEDUCTIONS ALLOWED.
Exchanges for clearing-house Checks on other banks in the same place . . National-bank notes 80, 696 1, 020 8, 326 Twenty-five per cent, of this total amount fi®" . .
is the entire reserve required, which is Deduct 5 % redemption fund with Treasurer U. S. .
90, 042 1699, 919 174, 979 4, 500 Net reserve to be held 1170, 479 Items Composing the Net Reserve and Distribution of Same.
One-half of the net reserve is...* 185, 239 *If reciprocal accounts are kept with reserve agents, only the lief amount due from such agents is available for reserve.
Balances with approved re- serve agents amount to 144, 936 One-half of net reserve is ^85, 240 Items in bank's possession to makeup the same, viz. : Fractional silver f4, 209 Silver dollars . . 2, 006 vSilver Treas. Cert. 4, 500 Gold coin .... 41, 695 Gold Treas. Cert. 12, 050 Legal-ten 'r notes 14, 280 78, 740 "Apparent excess" with reserve agents .... $59, 697 To find "exact excess" add one-seventh of this = 8, 528 Apparent deficiencj' of re- serve in bank $6, 500 As "exact excess" exceeds balance due banks ($55, 495), take one-eighth of such bal- ance 6, 937 "Exact excess" with re- serve agents is ...
What to read after Hand book for Bank Officers?
You can find similar books in the "Read Also" column, or choose other free books by Coffin, Geo. M. (George Mathewes) to read onlineMoreLess
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