This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Fabulous Figures of New York Clearing House Power
Special correspondence from New York describes the New York Clearing House association formed in 1858 to settle balances among banks. It details how 65 members including 18 state banks and the U S assistant treasurer operate, the handling of daily cash and paper settlements, and the vast totals since inception. It notes the five or six clerks per operation, the gong time, and the creation of clearing house certificates during stress to avert panic. It also surveys the influence of savings banks, trust companies, private bankers, and insurers on New York finance and the broader economy.
MENTIONED IN THIS ARTICLE
New Yours
New York Clearing House Association
New York
United States
Clearing House Association
George G. Williams
NEW York Clearing House
Lers
Nesw York
Thedake
Vna Brownstone
Mesesu
Pine Streets
Bath
Losger Betfis
Uife
Association
E. EK. Ss
Somwhat
Tnore
H. G. Cannan
International Conference and Monetary
William A. Nash
F. B. Tappan
Clearing House
Etl
Fom
William Sheer
W. J. Gilpin
Trust Cormpanies
Chemiral