Seventh. Some of the banks, especially the German banks, have participations in syndicates and in industrial enterprises.
Eighth. In some branches they receive money and securities for safekeeping or rent safe-deposit boxes.
Ninth. Many banks have savings and mortgage-loan departments.
None of the distinctively foreign banks in South America has as yet issued circulating notes; this is being done, however, by some of the domestic banks in which foreign capital is heavily interested.
There may, of course, be other miscellaneous activities.
FOOTNOTES:
[196] Adapted from William H. Lough, Banking Opportunities in South America, Department of Commerce, Special Agents Series, No. 106. Washington. 1915.