BANKS AND BANKING 



BANKS AND BANKING 



Outline and Questions on Banks and Banking Continued 



How many Federal Reserve Banks are there? 



How much must each national bank subscribe to the reserve bank of its district? 



How does Canada deal with the question of bank reserve? 



Why is it absolutely necessary that banks be lenders as well as custodians of 

 funds? 



What is the difference between a call loan and a time loan? 



Has the establishment of Federal Reserve Banks given to the national banks 

 any new privileges? 



What is the advantage of a trust company over an individual trustee? 



Give briefly statistics showing the increase in the number of national banks in 

 the United States. 



What is the oldest bank in Canada, and what is its present status? 



Why is no interest usually paid on checking accounts? 



When was the first Bank of the United States chartered, and how long did it 

 exist? 



How many directors has a Federal Reserve Bank, and how do they obtain 

 their office? 



Why cannot small independent banks exist in all the cities of Canada? What 

 makes up for this lack? 



What was the Aldrich-Vreeland Bill, and why did it have no effect on the bank- 

 ing conditions of the country? 



How are matters arranged in Canada so that all the banks are responsible for 

 the payment of the notes of each bank? 



Why is it not safe to deposit money in a private bank, that is, one not under 

 government supervision? 



What were the advantages of the banking system established in the United 

 States in 1864 over that previously in force? 



About what is the total capital stock of the banks of the United States? What 

 are their combined resources? 



What are certificates of deposit? 



Why was it necessary at one time to issue weekly statements as to the value 

 of bank notes? 



What are the duties of a Federal Reserve agent? 



What is meant by the "double liability" of stockholders? Is it in force both 

 in the United States and in Canada? 



May a bank safely loan all of its capital? All of its deposits? Why? 



What are the functions of a clearing house? 



Why was the establishment of special "savings" banks considered necessary? 



Where are the Federal Reserve Banks located? 



About what is the total capital of the chartered banks of Canada? 



What is meant by collateral, and of what does it usually consist? 



What is the smallest sum that may be deposited in a postal savings bank? 



How large a sum may one depositor have to his credit? 



What restrictions as to farm mortgages are placed on the banks of Chicago, 

 New York and Saint Louis? 



What provision is made in Canada for the revision of banking laws? 



What is the object of school savings banks, and how have they accomplished 

 their purpose? 



What were "Wildcat" banks? 



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