THE
MONEY MARKET

BY
F. STRAKER

FELLOW OF AND LECTURER TO THE BANKERS’ INSTITUTE
AND LECTURER TO THE EDUCATIONAL DEPARTMENT
OF THE LONDON CHAMBER OF COMMERCE

THIRD EDITION

METHUEN & CO. LTD.
36 ESSEX STREET W.C.
LONDON

First PublishedJune 1904
Second Edition  January 1911
Third Edition 1920

CONTENTS

PAGE
CHAPTER I
The Beginning of Banking in England[ 1]
CHAPTER II
The Foundation and Growth of the Bank of England[ 7]
CHAPTER III
The Early Private Bankers[19]
CHAPTER IV
The Bank Charter Act of 1844, and its Suspensions[28]
CHAPTER V
The Development of London as the
   Financial Centre of the World[41]
CHAPTER VI
Factors of the Money Market[47]
CHAPTER VII
The Bank Return[56]
CHAPTER VIII
The Growth of Joint-stock Banks[76]
CHAPTER IX
Joint-stock Bank Balance Sheets[87]
CHAPTER X
The Bill-brokers[105]
CHAPTER XI
The Clearing House[115]
CHAPTER XII
Foreign Exchanges[122]
CHAPTER XIII
The Money Article of the Press[144]
CHAPTER XIV
Conclusion[161]
APPENDIX
The Gold Reserve[169]
Index[179]