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Triumphs and wonders of the 19th century, the true mirror of a phenomenal era, a volume of original, entertaining and instructive historic and descriptive writings, showing the many and marvellous achievements which distinguish an hundred years of material, intellectual, social and moral progress .. (1899)

Boyd, James Penny, 1836-1910 · Philadelphia, Pa., A. J. Holman & Co · leaf 497

An illustration from Triumphs and wonders of the 19th century, the true mirror of a phenomenal era, a volume of original, entertaining and instructive historic and descriptive writings, showing the many and marvellous achievements which distinguish an hundred years of material, intellectual, social and moral progress .., 1899, leaf 497
HE XIXth CENTURY 1853. The banks belonging to the New York Clearing-House Associationreported on April 1, 1899, loans and discounts, $779,951,100; deposits, $898,-917,000; specie, $187,144,300 ; circulation, $13,870,600. Clearing-House Loan Certificates. —These are simply devices thatthe banks have… … NEW YORK CLEARING-HOUSE. between the banks. They are not money, but serve a useful purpose indiminishing the demand for money ; for when the banks agree to acceptthese certificates among themselves, it makes that much money available tobe loaned or paid to depositors. In 1893, and in other years of…

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