Download or read book A Practical Treatise on Banking, Vol. 2 of 2 (Classic Reprint) written by James William Gilbart and published by Forgotten Books. This book was released on 2018-10-08 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from A Practical Treatise on Banking, Vol. 2 of 2 Enactment concerning - particulars required by Act 7 8c 8 Vict. C. 32 (or Bank Charter Act of 1844) - date Act came into operation - Division of London banking establishments - summary of evidence by George Carr Glyn, Esq., respecting London bankers - Failure of Strahan Co., and Act 7 8 Geo. IV. C. 49 - section 52 not allowed to be pleaded. - Clearing-house mode of conducting the clearing, or the way in which many of the London bankers make their exchanges with each other.-operations of the Stock Exchange increase operations at the clearing-house - Settlements between brokers partially resemble the settling between bankers - Clearing bankers never make payments to each other except through the clearing - Effects of the clearing-house described by Mr. M'culloch Pages 389 - 402. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.