[Volume XXVII
THE CHICAGO BANKER
30
THE. CLASSIFIED SERVICE
״-! FOR SALE
" ^Articles offered for sale which have been inspected and found as described will be indicated by a star—*).
*For Sale—One four-cylinder Splitdorf Synchronized distributing spark coil. All cylinders must work alike. Coil brand new. Cost $72. Will sell for $25. Address Coil, this office.
*For Sale—Brand new, New Model Reflex 4x5 camera, Goerz Celor 7-inch lens and plate-holder. Cost $125. Sell for $85. Camera, this office.
*For Sale—Brand new Stevens 22-calibre repeating gallery rifle; $7.50. Rifle, this office.
*For Sale—Brand new Korona Stereo camera No. IV, case and six Premo holders. Fitted with Ross imported lenses and B. & L. double valve shutter. Convertible to regular 5x7 by instantly removable partition. Cost $110. Sell for $55. Stereo, this office.
BRITISH COLUMBIA LANDS
— Along the Grand Trunk Pacific —
the Last Great West. We know the territory, and have seen the land. Can offer tracts from 5,000 to 60.000 acres at low prices. Glad to give particulars.
Williams & Murdoff, Ltd., Vancouver, B. C.
ADVERTISEMENTS INSERTED UNDER THIS HEADING AT TWO CENTS PER WORD. REMITTANCE SHOULD ACCOMPANY COPY. REPLIES FORWARDED IF POSTAGE IS FURNISHED. USE PRIVATE ADDRESS WHERE CONVENIENT.
These articles have elicited the praise of both economists and bankers.
The Principles of Money and Banking. By Charles A. Conant. It is a new and complete exposition of its subject. Two volumes. Postpaid, $4.25.
The Pitfalls of Speculation. By Thomas Gibson. Postpaid, $1.20.
A book dealing exclusively with marginal speculation, and analyzing in a clear and simple manner the causes of failure in speculation, with a suggestion as to the remedies.
The Use of Loan Credit in Modern Business. By Thorstein B. Veblen. Postpaid, 28c.
The Investors’ Catechism. By M. M. Reynolds. Cloth, by mail, $1.10.
“Investors’ Catechism.” It is intended to be the first volume in a financial library which will grow as the knowledge of the financial student grows. It contains all that it is essential for the beginner to know, and opens the way lor a thorough study of the whole subject of investment. The author has for the sake of clearness and simplicity adopted a catechetical style which is somewhat novel in this sort of literature.
The above books are the best of their kind, and will be promptly forwarded upon receipt of price. THE CHICAGO BANKER,
407 Monadnock Block, Chicago.
Investment Bonds. By F. Lownhaupt. Post paid, $1.90.
Prospective investors who wish to make advantageous use of their money will do well to take notice of this volume. The author does not theorize, but tells only plain facts of the relation of the bond to its issuing corporation, and of the general investment aspect of the instrument.
Money and Credit. By WlLBUR ÄLDRICH. Postpaid, $1.37.
This volume contains much valuable information and much sound discussion on money and credit.
Principles and Practice of Finance. By Edw. Carroll. Postpaid, $1.85.
A practical guide for bankers, merchants, and lawyers. Together with a summary of the national and state banking laws, and the legal rates of interest. Tables of foreign coins, and glossary of commercial and financial terms.
The Banking and Currency Problems in the United States. By Victor Morawetz. The author takes up the problem of the national monetary commission, appointed by congress, and discusses the means of providing a permanent safe guard against money stringencies and panics. Postpaid, $1.10.
The Monetary and Banking Problem. By
Logan G. McPherson. i2mo. Cloth, $1.00. Postage, ioc.
BOOKS ON BANKING. FINANCE __________AND ECONOMICS___________________
Credit. By J. Lawrence Laughlin, of the Department of Political Economy, University of Chicago. Postpaid, 53c.
The nature of credit and its effect on prices have long been a subject of disagreement among economists. Its basis is commonly assumed to be money or bank reserves.
Essentials of Business Law. By Francis M. Burdick, LL. D., Professor of Law in Columbia University. i2mo. Postpaid, $1.50.
This book is not written for lawyers, nor for professional students of law, but it shows how the rules of law governing the commonest business transactions have been developed, and it tells what they are to-day. Technical law terms have been discarded as far as possible, and w׳hen they are used they are so explained and illustrated as to be easily understood. The principles of law are not set forth in the form and styl-e known to the leather-bound law book, but are simplified and expressed in clear, lucid, everyday speech.
Foreign Exchange. Tables converting foreign money into United States money, and United States money into foreign money at all commercial rates of exchange used in financial transactions between the United States and foreign countries. All about foreign exchange, including various forms 9f foreign commercial paper and teims, abbreviations, etc. For banks, bankers, steamship agents, importers, exporters and manufacturers. Cloth, $5.00.
Government Regulation of Railway Rates. By Hugo R. Meyer. A Professor of Political Economy in the University of Chicago. Postpaid, $1.60 net.
VII.-SWITZERLAND.
The Swiss Banking Law.—By Dr. Julius Landmann, of the Swiss National Bank. (238 pages; in press.) .
An account of the recent change in Switzerland from decentralized to centralized note issue, with the text of the act of 1905 and abstracts from recent articles and reports upon the operation of the act.
VIII.-ITALY.
Banking in Italy.—By Carlo F. Ferraris. (In course of translation.)
Traces the history of banking in Italy during the last forty years.
The Bank of Italy.—By Comm. Tito Canovai, general secretary of the Bank of Italy. (In preparation.)
An account of the conditions and motives which have led to the growing concentration of power and note issue in Italy during the last fifteen years.
LA contribution upon recent tendencies in Italian banking is also expected from Signor Luz-zatti, former minister of the treasury.]
IX.--JAPAN.
The Banking System of Japan.—By Marquis Katsura, Premier and Minister of Finance of Japan, Baron Sakatani, ex-Minister of Finance, and Baron Takahashi, vice-Governor of the Bank of Japan. (In preparation.)
X.---SWEDEN.
The Swedish Banking System.—By A. W. Flux. (In preparation.)
This volume, prepared for the commission in Sweden, traces recent developments in Swedish banking and especially the concentration of note issue effected by the law of 1899.
XI.—BELGIUM.
The National Bank of Belgium. By Charles A. Conant. (238 pages; in press.)
An account of the history of the bank and of the laws and customs which govern its operation.
XII.-MEXICO.
The Banking System of Mexico.—By Charles A. Conant. (About 200 pages; in press.)
An account of banking legislation and practice in Mexico.
XIII.—DIAGRAMS.
Portfolio of Diagrams. (24 diagrams in color.)
Association, and Robert Franz, of the “Deutsche Oekonomist.” (About 180 pages; in press.)
Tables covering the operations of the Reichs-bank, the German joint stock banks, the hypo-thekenbanken, landsschaften, savings banks, etc., the general growth of population, business, wealth and commerce, the movements of gold, rates of discount and of foreign exchange during the last forty years.
The Reichsbank, 1876-1900. (35 pages; in press.)
A translation of the volume describing the organization and operations of the Reichsbank published upon the occasion of its twenty-fifth anniversary.
German Imperial Banking Laws.—Edited by Dr. R. Koch, former president of the Reichsbank. (197 pages; in press.)
Contains the text of the principal laws relating to banks passed since 1873, with a descriptive introduction.
The Great German Banks and their Concentration in connection with the Economic Development of Germany.—By Dr. J. Riesser. (About 210 pages; in press.)
A study of recent developments among the large joint stock banks of Germany.
Miscellaneous Articles of German Banking. (263 pages; in press.)
Articles by various writers upon the check and transfer system, the organization of credit, the system of directors’ fees, land mortgage associations, agricultural improvement banks, savings banks, co-operative societies, etc.
Renewal of Reichsbank Charter. (About 240 pages; in press.)
Miscellaneous articles concerning the renewal of the charter, including a discussion of the subject in the German Bankers Association convention and the draft of the proposed bill.
The German Bank Inquiry of 1908. Stenographic Reports. (1,140 pages; in press.)
Stenographic reports of the proceedings of the German Bank Inquiry Commission of 1908.
Selected Documents in Bourse Legislation and Organization in Germany. (100 pages; in press.)
The text of the laws and regulations governing the German stock exchanges.
Development of the German Banking System.—By Robert Franz, editor of the “Deutsche Oekonomist.” (m pages; in press.)
A statistical study of the development of different sorts of banks in Germany.
Central Bank Situation to Date
(Continued from page 6)
Parish, editor of “The Statist.” (I11 preparation.)
English Banking Organizations.—By Ernest Sykes, Secretary of the Institute of Bankers. (In preparation.)
V.—FRANCE.
Statistics for France, 1870-1908.—Prepared by Albert Aupetit, of the Bank of France, and M. Lefevre, of the Credit Lyonnais. (About 170 pages; in press.)
These tables cover the statements of the Bank of France and other banks, credit societies, and financial institutions during the last thirty years, with statistics showing the growth of population, business, wealth and commerce in France, the rates of discount, international exchange, etc.
Evolution of Credit and Banks in France.— By Andre Liesse, professor in the Conservatorie National des Arts et Metiers. (271 pages; in press.)
A study of the development of French banking from the founding of the Bank of France down to the present time.
The Bank of France in its Relations to National and International Credit.—By Maurice Patron. (159 pages; in press.)
Examines the functions, policies, and influence of the Bank of France.
The French Banking System.—By Albert Aupetit, head of the Department of Economic Studies in the Bank of France. (In preparation.)
Describes the different kinds of banks operating in France, the nature of their business, and the provisions of law or custom which govern them. Includes the text of the principal statutes governing the various classes of banks.
The History and Methods of the Paris Bourse. —By E. Vidal, editor of La Cote de la Banque et de la Bourse. (About 180 pages; in press.)
Follows the history of the Paris Bourse, its organization, methods, and regulations.
article. •
French Savings and their Influence upon the Bank of France and upon French Banks.—By Alfred Neymarck, editor of Le Rentier. (19 pages; in press.)
VI.—GERMANY.
Statistics for Germany, 1870-1908.—Prepared by Dr. B. Breslauer, of the German Bankers