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Bonds and stocks

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Item Number 1150639  
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Product Description
Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: CHAPTER II The Selection of a Bank with Suggestions to Bank Employees. Published Statement of Bank EVERY national bank is compelled by law to publish in a local paper at certain intervals a statement of its conditions, and this also applied to a limited extent to most trust companies and state banks. Whether or not, however, one sees the published statement in a newspaper, he can always obtain a printed statement from his bank. This statement usually appears in the form of a little leaflet or circular, which in addition to giving a condensed trial balance of the banks' condition, gives a list of the names of the officers and directors. Although there are many suggestions as to the means of determining the strength of a bank, in order to select one in which to deposit, yet all of these methods practically resolve down to a study of this statement. The following is a statement of a small bank as published in its local paper and is a typical illustration. RESOURCES. Loans and Discounts . $272,415.25 Overdrafts, secured and unsecured . . . 124.03 United States Bonds to secure circulation . 50,000. 00 Securities, Bonds, etc 330,646.90 Banking House, Furniture and Fixtures . 2,000.00 Due from State and Private Banks and Bankers, Trust Companies and Savings Banks . . 1,486.54Due from approved Reserve Agents . . . . $69,788.34 Checks and other cash items 57.35 Fractional Paper Currency, Nickels and Cents . 446.12 Lawful Money Reserve in Bank---namely: Specie $16,839.45 Legal-tender Notes .... 8,000.00 24,839.45 Redemption Fund with United States Treasurer five per cent of circulation 2,500.00 Total $754,303.98 LIABILITIES. Capital Stock paid in $50,000.00 Surplus Fund 25,000.00 Undivided Profits, less Expenses and Taxes paid 2,804....





Item Specifications...

Pages   228
Dimensions:   Length: 9.02" Width: 5.98" Height: 0.51"
Weight:   0.75 lbs.
Binding  Softcover
Release Date   Aug 6, 2009
ISBN  1459057279  
EAN  9781459057272  


Availability  100 units.
Availability accurate as of Feb 07, 2012 02:41.
Usually ships within one to two business days from La Vergne, TN.
Orders shipping to an address other than a confirmed Credit Card / Paypal Billing address may incur and additional processing delay.


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