Checks should be numbered, so that everyone could be made

Checks should be numbered, so that everyone could be made. Numbers for your convenience instead of to convenience of bank. It is important, that your check-book is correctly kept, so that you could tell at any time, how many money you have in bank. [245] in the end of each month yours
The small bankbook needs to be left in bank so that the bookkeeper could counterbalance it. It can happen, that your bankbook will show balance than your check-book. You will understand it if both have been correctly kept, that there are outstanding checks which have not been presented yet in your bank of payment. You can learn, which they, checking the paid checks which have been returned to you with your bankbook. Unpaied cheques so that your actual balance was that is shown by your check-book at any time can be presented. Checks should be presented for payment as soon after date as far as possible.
THE CERTIFIED CHECKS
The bank account.

The corporation should have a name for which it should be known in the law and in the transaction

The corporation should have a name for which it should be known in the law and in the transaction of its business. The name is given it in its charter-party or the charter of joint-stock company and should adhere to. The requirement of use of the name of corporation for business management follows from the fact, that in corporate affairs the law knows corporation as the person and does not notice making participants.
CORPORATE INTERESTS

London - the biggest place of trade and trade in the world

London - the biggest place of trade and trade in the world. Its commercial greatness is testified by its greatness of the population. Its number of inhabitants more than 6 000 000. Buildings in which this extensive population lives if it is placed closely, would make continuous street which would be stretched through all Europe and Asia. The simple effort of maintenance of food for this extensive population demands huge trade. The horned livestock half-million is required to deliver its market of meat every year; also 2 000 000 sheep and 8 000 000 house birds. To deliver its fish market, 400 000 000 pounds of fish are required, and 500 000 000 oysters. Grain, a flour, fruit, oil, eggs, cheese, sugar, tea, and coffee, is brought to London daily in such quantities, that the prices of these consumer goods, all all over the world are based that they will bring in London. The whole nations and areas and areas receive the livelihood from industries which have for their end a delivery of a part of this huge requirement of food. Denmark, for example, owes the all prosperity [70] years of cent to its favourable
Manufacturing of oil for the London market. Brittany and Normandy, in France, almost are completely occupied in supply of that market with a house bird and eggs. Islands of the Sweater and Guernsey receive the basic riches, not as could be assumed, from milk and oil sale, but from delivery of London with a potato. Canada within last six or eight years has created with London huge trade in cheese, trade which exceeds any another which Canada, while even has our own house Illinois of the states in importance, Iowa, and Wisconsin, for to have an example the riches found new sources in a gratification to the London dairy trade. 'Elgin' and oils dairy 'Ames' - the products, known to the London consumer.
LONDON THE WORLD COMMERCIAL CENTRE

[1] Within last two or three years foreign trade of the United States has very much expanded and

Also does a close push on that of the Great Britain
[1] Within last two or three years foreign trade of the United States has very much expanded and has exceeded foreign trade of Germany,
Also does a close push on that of the Great Britain. The aforementioned statement has been intended to present a situation as existing during the period of several years.
SPECIAL SHOPPING CENTERS OF GERMANY

Annual value of full manufacturing of textile fabrics in British isles makes approximately 1 000

Annual value of full manufacturing of textile fabrics in British isles makes approximately 1 000 000 000$, not far short, really, one quarter of full manufacturing of textile fabrics all over the world. The Great Britain invested more than 1 000 000 000$ in its textile industry, and one half of its full export consists of [91] textile manufacturings. The clap, woollen, and linen fabrics - the main main products of this industry, but is many other branches of it and many
Other vicinities, in which it besides those already mentioned. Leicester (204 000), which, as many other industrial cities of England, lie in the coal field centre, the main place wollen jersey manufacturing. Dumfries - the main place of woollen manufacturing of jersey in Scotland. Kidderminster, in , is the main place of the 'Bruxelles' industry of a carpet; , in Wiltshire, the industry of carpet . Kilmarnock, in , is the main place of manufacturing of a carpet in Scotland. Nottingham (233 000) is capital of cotton jersey and manufacturing of a lace of England. Norwich (110 000), in east England, has noted manufacturing of a gauze and the fine goods of a dress. Noridzhsky textile manufacturing - a case of duration of the industry in the community historically connected with it though its place is far removed from a coal field. Silk manufacturing of the Great Britain almost is completely limited by a county of Derby and adjacent areas in England. Macclesfield, in Cheshire, is the main centre. Coventry is noted for its silk tapes and a gauze. But silk manufacturing in the Great Britain does not prosper as these its other textile fabrics. Actually, in forty years it depreciated three quarters. The British silk manufacturers are not so skilful in the extra charge of their products with paints as their French competitors, and in silks of English language of a consequence though it is peculiar is better than the French silks, look the lowest and consequently cannot be sold under the favourable prices. But, on the other hand, jute manufacturing of the Great Britain increases promptly. Established only sixty years ago, value of its annual development - now twice value of the whole manufacturing of silk, and in [92], twenty five years have trebled. The main place of this industry - Dundee
(160,000), in Scotland.
MANUFACTURING OF HARDWARE OF THE GREAT BRITAIN

[11] Part of a question of this lesson already has appeared partially I

[11] Part of a question of this lesson already has appeared partially I. From this book ('the General Business Information'), but it
Here repeated to keep communication.
IDENTIFICATION WHEN CHECKS ARE PAID

Commercial agencies have arisen in the system accepted by several visible firms of continuation of

Commercial agencies have arisen in the system accepted by several visible firms of continuation of the report all information, accessible concerning their clients. In 1841 'the Commercial Agency of New York' has begun the history, and was the predecessor of existing great agencies, whose record books of credits and estimations include names of all business buildings and corporations in this country and Canada. The establishment of the pioneer of this character in the United States was that having now the name 'R. Dun and Co.,' a product 'Commercial Agency of New York.' About 1860 it has transferred a name of Dun which was before the partner since Douglass when the agency was known as 'B. Douglass and Co.' Other popular and influential anxiety is one know as 'Company Bradstreet,' close speaking about as 'Bradstreet"s'. Besides these two leaders there are many other things which messages concerning credits are limited by specific lines of trade. The big agencies soon have found necessary to establish branches in all business sections of the country. The specific area of research is allocated to each branch, and information interchange is in constant advancement.

Rio Janeiro (674 972), the capital and the basic city though an is poor-looking place, one of very

Rio Janeiro (674 972), the capital and the basic city though an is poor-looking place, one of very finest in the world is located on magnificent harbour. Approximately in 1500 courts, with the tonnage making 2 500 000 tons, enter in Rio Janeiro with foreign trade annually. Nine thousand miles of the railway have been constructed in Brazil, and 3500 more during building, and 12 000 miles of routes of telegraph have been constructed. Rio Janeiro - the main railway centre, but other centres - Rio Grandes, do Sul, in moderate areas of the south, and Bahia and Pernambuco, in tropical areas. The public (national) debt of Brazil far does not require in 1 000 000 000$, having interest (the most part of it) in from four to six percent. In a year.
[187]
XII. TRADING FEATURES OF CANADA
CANADA, ACTUALLY INDEPENDENT FEDERAL REPUBLIC

Wholesale dealers send travellers or drummers who are born by samples of the goods

Wholesale dealers send travellers or drummers who are born by samples of the goods. Often the traveller begins with the samples from six months about one year before delivery time. It - rather the general thing for the retail seller to order from samples [6] goods which during time
Order placing cannot even be made.

The paper can be classified with a view of the discount as follows:

The bills made by consignors on buildings to which the goods are sent
The paper can be classified with a view of the discount as follows:
The bills made by consignors on buildings to which the goods are sent.
The bills made by importers against consumer goods, have placed in hands of brokers for sale.
The accounts resulting from our various branches and industries.
Projects with waybills were .
the personnel of presence of a paper.
The paper is provided by property pledge.
Paper with one name.
XV. CORPORATIONS

The limited corporation of responsibility - in what shareholders, in default corporations, are

The limited corporation of responsibility - in what shareholders, in default corporations, are responsible for quantity of their subscriptions. The limited name is required to appear according to the law after the company name. If the subscription was completely paid there is no further responsibility that is, the property of the shareholder cannot be enclosed for any debts of the company. Understand clearly, that the name has limited printed after the name of the company does not specify in any case, that the capital or the company credit are limited, just responsibility of shareholders of the company is limited by quantity of their actions.

Checks have arrived rather in general to be used for the payment of invoices even on long

Checks have arrived rather in general to be used for the payment of invoices even on long distances. If the businessman wishes to close the important contract demanding of cash in advance, it sends the bank account, if on distance, or the certified check, if in the same city. If he wishes to pay simply a debt, it sends the own personal check. Bank accounts rather in general are used by dealers in the West to pay accounts in the east. The project on New York [17] bought in San Francisco
Cash when it reaches New York while the check of San Francisco not cash while it does not come back and to money bank on which it is delayed. In a usual course of business checks are considered as cash irrespective of on what involved bank. The bank receiving them on the deposit, gives the credit of the investor at once, even thus, that it can take for a week before the value presented by the check, is in possession of bank.
The bank account.

The commercial project has close similarity to the letter from one person to other requirement that

The commercial project has close similarity to the letter from one person to other requirement that a certain sum of money to be paid to the person who calls, or to bank or firm for which it operates. For example, the project shown on the first illustration, could be formulated something as it: [27]

[7]

The example resulted below displays badly written check and what could be very easily lifted
[7]
The example resulted below displays badly written check and what could be very easily lifted. The roguish receiver could, for example write, 'ninety' before 'six' and '9' before number '6', and thus to lift the check from 6$ to 96$. If it has been made, and the check on money the manufacturer, instead of the bank, would become responsible for loss. You cannot consider other people responsible for your own negligence. The check has been lifted from 100$ to 190$ by the letter of words 'and ninety' after words 'hundred.' One of code numbers in numbers has been changed on '9', adding a tail to it. Wisely to pull a running line, thus ~~~~~~, after quantity in words, thus preventing any additional letter.
Badly delayed check.

Dealers of the Commission receive and sell the goods belonging to another for indemnification,

Dealers of the Commission receive and sell the goods belonging to another for indemnification, named the commission. The trading agent - the person who represents the manufacturing industry enterprise in its business relations with trade. The factory can be located in a small city while the trading agent has its office and samples in heart of the big city. As to quantity of the goods bought or sold in the unique transaction, trade is divided into wholesale trade and retail. The wholesale dealer sells to other dealers while the retail dealer sells to the consumer that is, to the person who consumes, or use, the goods. The intermediary - the one who buys from importers and manufacturers and sells to retail sellers. It constantly is in the market for transactions. The intermediary of names and the wholesale dealer are often used in the same sense, but the intermediary sometimes sells to wholesale dealers. Wholesale trade has a reference to quantity which the dealer sells, instead of on a source from which he buys, or the person to whom he sells. The wholesale dealer, as a rule, deals in the goods of the main products that is which are a used season after a season - though certainly in actually all firms there are wholesale dealers.

While probably today to define average losses from bad debts in various trading specialisations,

While probably today to define average losses from bad debts in various trading specialisations, individual risks cannot be accepted on that basis. Everyone demands special research. If the addressing client paints the financial condition in pinkish colours, allow it, wish to reduce its statement to the letter and when its signature is attached, its statement is much more reliable, because he knows about the hung responsibility of swindle if it has deformed. The men who are not inclined to transformation oral [257] statement to the letter, immediately discredited themselves. Men who wish to be fair, can be optimistic in the image of prospects
And to be inclined to establish imprudent value on their property and business degree. Can be easier to tell the absolute truth about debts, because they - such constantly real things; but actives have elastic qualities in many man"s minds and seem capable to any expansion in an extreme situation. Buyers who make upon itself impression optimum on the business house, are frank in their statements. The obvious, sincere laconic person will deserve consideration. Servility or a pleading kind contribute that adversely. Stephen Girard has told concerning the one who in tears has asked the loan: 'the person, who shouts, when it comes to borrow, will shout, when it will arrive to pay.'

As these banks - keepers of superfluous savings of considerable quantities of people about whom

As these banks - keepers of superfluous savings of considerable quantities of people about whom laws of these several states have insured them with many guarantees, [222] not only for protection of investors, but also establishments directly. It is extremely correct and ought that the state, through its bank
Special representatives or otherwise, should while to supervise operations of savings banks to see, that they carry out the part of their contract with investors.

Rio Janeiro (674 972), the capital and the basic city though an is poor-looking place, one of very

Rio Janeiro (674 972), the capital and the basic city though an is poor-looking place, one of very finest in the world is located on magnificent harbour. Approximately in 1500 courts, with the tonnage making 2 500 000 tons, enter in Rio Janeiro with foreign trade annually. Nine thousand miles of the railway have been constructed in Brazil, and 3500 more during building, and 12 000 miles of routes of telegraph have been constructed. Rio Janeiro - the main railway centre, but other centres - Rio Grandes, do Sul, in moderate areas of the south, and Bahia and Pernambuco, in tropical areas. The public (national) debt of Brazil far does not require in 1 000 000 000$, having interest (the most part of it) in from four to six percent. In a year.
[187]
XII. TRADING FEATURES OF CANADA
CANADA, ACTUALLY INDEPENDENT FEDERAL REPUBLIC

What reason of remarkable prosperity of London? Already its population - one fifth all population

What reason of remarkable prosperity of London? Already its population - one fifth all population of England and the Wales, and it increases at the rate of approximately 20 percent. In a decade. Three hundred persons are added to number every day in year, norm of 110 000 inhabitants during a year. It now one half is more than the general number of the population of all Ireland. The Scottish population of London is almost so numerous as that from Edinburgh while its Irish population is rather so numerous as that from Dublin. Each civilised country is presented among its people, and in each civilised language speak among them. The brick and mortar sea, even now fifteen miles in length and ten miles widely, it grows at the rate of the new house each hour of its existence. Its streets already - 28 000 miles in length, and they extend so quickly, that every year many the whole villages and small towns are confused by them. Every day 1 000 000 persons enter into London the railway, and in [71] least quantity, 500 000 persons have employment in it in the afternoon who lives out of its limits
At night. Fifty thousand persons have employment in it in night time who lives out of its limits within day. It is the greatest centre of importation in the Great Britain, and the greatest in the world, and its export is exceeded only by Liverpool, and not always Liverpool. It - also the centre of financial business in the world. For example, dealers in the East Indies which send cargoes of spices and other East product to America, drawn games in settlement on London, instead of on New York while dealers in America which send cargoes, like Marseilles or Riga, drawn games in settlement on London, instead of on Paris or St.-Petersburg. What this which thus does London by the main place of the population in the world, commercial capital of the world, the big financial clearing house of the world?
LONDON THE CENTER OF THE SURFACE OF THE EARTH OF GLOBE

Rules and instructions of savings banks differ substantially

Rules and instructions of savings banks differ substantially. In some deposits of establishments of a ten-kopeck coin for are once accepted; in others dollar - a limit. Deposits usually start to pull interest in the first day of each quarter, but they have the right to it, only if they remain till the end of a semestre. Thus the money deposited on 1st of January, is called on interest of six months on 1st of July though it is not called on any interest if is taken away in June. Some banks allow interest to begin on 1st of each month. The majority of savings banks does not allow to be to money taken away except for the notice of thirty days. Students of this course who are interested in maintenance of the certain information concerning this subject concerning any specific bank, should address to that bank of some its rules and instructions for the information of investors.
THE COMPANIES

Заклады on the improved property if it is properly diplomaed in quantity, should be safe and

on the improved property if it is properly diplomaed in quantity, should be safe and favourable investments. The buyer, however, should carry out the big care and good judgement. There should be there an arrangement between the agent of a loan and the land owner, money has promoted, can be substantially over actual value of the property. Villages with less than a building of a dozen often - sites of the investment companies engaged in commerce under pretentious names and offering to the investment in interest rates which local conditions are impossible. One of devices of these initiative companies should offer their own guarantees and concerning the head and rather [236] interest of all about which they agree. The investor should be convinced of two things: (1) safety
The head, and (2) regularity in interest payment. There is a big danger of non-payment from the reasons which are not expected by the debtor under the mortgage and over which it has no control.
STOCKS AS SECURITIES

The railway card of the United States shows, that the majority of parts of our country has densely

The railway card of the United States shows, that the majority of parts of our country has densely weaved network of railways. Distance of our lines of the railway - now 184 000 miles, actual length of a trace on these roads which are approximately of 245 000 miles. Value of these big numbers becomes a declaration considerable quantity when comparison is made between length of our railways and length of that of Europe and that of the world. Railways in the United States include more than four ninth full railway distance of the world, and are much longer than railways of all countries of incorporated Europe. Graphically following diagramme shows the facts: