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Everybody's Guide to Money Matters: With a description of the various investments chiefly dealt in on the stock exchange, and the mode of dealing thereinCotton, William, F.S.A., of Exeter

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Everybody's Guide to Money Matters: With a description of the various investments chiefly dealt in on the stock exchange, and the mode of dealing therein

Name: Everybody's Guide to Money Matters: With a description of the various investments chiefly dealt in on the stock exchange, and the mode of dealing therein
Author: Cotton, William, F.S.A., of Exeter

Cotton, William, F.S.A., of Exeter

Banks and banking -- Great Britain; Investments -- Great Britain; Money; Stock exchanges -- Great Britain

In addition to this Miss Smith will be pre-
sented with what is called a pass-book - a book
passing between the bank and herself, now
become a customer - in which she will find it
stated in the briefest business manner, that the
Blankshire Bank is Dr. (debtor) to, or owes,
Miss Jane Smith £500.  She will be told that
portions of this money may be drawn out from
time to time as she may need it, but this can
only be done by cheques, or forms of request to
the bank to pay out the amount desired.*  These
forms, provided by the bank, are printed, blank
spaces being left to be filled up in writing, and
they are made up in books of various sizes, each
form bearing a penny stamp.  The customer
pays for the book according to the number of
stamps it contains, but no more.  Miss Smith
buys a cheque-book, and, opening it, finds the
following form in print:-

(* The practice with some people of writing cheques
on plain paper is discountenanced by bankers, and
is to be condemned.)

---------------------------------------------------------
| No. 10901.    | No. 10901.            __________ 189  |
|               |                                       |
| _________189  |   To the Blankshire Banking Company,  |
|               |                Blanktown.             |
|               |                                       |
| _____________ | Pay to ____________________ or bearer |
|               |                                       |
|               | the sum of __________________________ |
|               |                                       |
| £____________ |   £___________         ______________ |
|               |                                       |
---------------------------------------------------------

    She then recollects that she has no money to
go on with, and asks to have £10 of the £500
she has left in the bank.  The cashier offers to
fill up the blank spaces in her first cheque,
making corresponding entries in the counterfoil,
and having done so asks her to sign it at the
foot.

    It then appears as follows:-

---------------------------------------------------------
| No. 10901.    | No. 10901.           __March_I,_ 1898 |
|               |                                       |
| March I, 1898 |   To the Blankshire Banking Company,  |
|               |                Blanktown.             |
|               |                                       |
| ____Self_____ | Pay to ___Self_____________ or bearer |
|               |                                       |
|               | the sum of ___Ten_Pounds_____________ |
|               |                                       |
| £10__________ |   £10_________         __Jane_Smith__ |
|               |                                       |
---------------------------------------------------------

Public-domain text, read in full here on John Shaqi.

Everybody's Guide to Money Matters: With a description of the various investments chiefly dealt in on the stock exchange, and the mode of dealing therein

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