Up To Date Business, by Various 
 
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Title: Up To Date Business Home Study Circle Library Series (Volume 
II.) 
Author: Various 
Editor: Seymour Eaton 
Release Date: February 6, 2007 [EBook #20531] 
Language: English 
Character set encoding: ISO-8859-1 
*** START OF THIS PROJECT GUTENBERG EBOOK UP TO 
DATE BUSINESS *** 
 
Produced by Barbara Tozier, Bill Tozier, Jacqueline Jeremy and the 
Online Distributed Proofreading Team at http://www.pgdp.net 
 
UP-TO-DATE BUSINESS 
HOME STUDY CIRCLE LIBRARY
EDITED BY 
SEYMOUR EATON 
UP TO DATE BUSINESS 
INCLUDING 
LESSONS IN BANKING, EXCHANGE, BUSINESS GEOGRAPHY, 
FINANCE, TRANSPORTATION AND COMMERCIAL LAW 
FROM THE CHICAGO RECORD 
NEW YORK THE DOUBLEDAY & McCLURE CO. 
1900 
Copyright, 1897, 1898, 1899, by the CHICAGO RECORD 
COPYRIGHT, 1899 by SEYMOUR EATON COPYRIGHT, 1899, 
1900, by VICTOR F. LAWSON 
 
CONTENTS 
I 
GENERAL BUSINESS INFORMATION 
PAGE 
I. Commercial Terms and Usages 3 
II. Commercial Terms and Usages (Continued) 4 
III. Bank Cheques 6 
IV. Bank Cheques (Continued) 8 
V. Bank Cheques (Continued) 12
VI. Bank Drafts 15 
VII. Promissory Notes 18 
VIII. The Clearing-house System 21 
IX. Commercial Drafts 26 
X. Foreign Exchange 31 
XI. Letters of Credit 37 
XII. Joint-stock Companies 41 
XIII. Protested Paper 46 
XIV. Paper Offered for Discount 49 
XV. Corporations 51 
XVI. Bonds 54 
XVII. Transportation 57 
XVIII. Transportation Papers 59 
Examination Paper 64 
II 
BUSINESS GEOGRAPHY 
TRADE FEATURES 
I. The Trade Features of the British Isles 69 
II. The Trade Features of France 94 
III. " " " " Germany 102
IV. " " " " Spain and Italy 111 
V. " " " " Russia 120 
VI. " " " " India 129 
VII. " " " " China 139 
VIII. " " " " Japan 148 
IX. " " " " Africa 157 
X. " " " " Australia and Australasia 166 
XI. " " " " South America 177 
XII. " " " " Canada 187 
XIII. " " " " The United States 194 
Examination Paper 210 
III 
FINANCE, TRADE, AND TRANSPORTATION 
I. National and State Banks 215 
II. Savings Banks and Trust Companies 221 
III. Corporations and Stock Companies 225 
IV. Borrowing and Loaning Money 228 
V. Collaterals and Securities 233 
VI. Cheques, Drafts, and Bills of Exchange 240 
VII. The Clearing-house System 248
VIII. Commercial Credits and Mercantile Agencies 254 
IX. Bonds 263 
X. Transportation by Rail 267 
XI. Freight Transportation 274 
XII. Railroad Rates 281 
XIII. Stock and Produce Exchanges 288 
XIV. Storage and Warehousing 294 
Examination Paper 301 
IV 
COMMERCIAL LAW 
I. The Different Kinds of Contracts 309 
II. The Parties to a Contract 312 
III. The Parties to a Contract (Continued) 315 
IV. The Consideration in Contracts 318 
V. The Essentials of a Contract 321 
VI. Contracts by Correspondence 326 
VII. What Contracts Must Be in Writing 332 
VIII. Contracts for the Sale of Merchandise 336 
IX. The Warranties of Merchandise 340 
X. Common Carriers 344
XI. The Carrying of Passengers 347 
XII. On the Keeping of Things 350 
XIII. Concerning Agents 353 
XIV. The Law Relating to Bank Cheques 358 
XV. The Law Relating to Leases 363 
XVI. Liability of Employers to Employés 369 
XVII. Liability of Employers to Employés (Continued) 373 
Examination Paper 377 
V 
PREPARING COPY FOR THE PRESS AND PROOF-READING 
I. Preparing Copy 381 
II. On the Names and Sizes of Type 382 
III. The Terms Used in Printing 384 
IV. Marks Used in Proof-reading 387 
 
ILLUSTRATIONS 
I 
GENERAL BUSINESS INFORMATION 
PAGE 
A Poorly Drawn Cheque 7
A Carefully Drawn Cheque 8 
A Cheque Drawn so as to Insure Payment to Proper Party 9 
A Cheque Payable to Order 11 
A Blank Indorsement 11 
A Cheque Made to Obtain Money for Immediate Use 13 
A Certified Cheque 14 
A Cheque for the Purchase of a Draft 16 
A Bank Draft 17 
Ordinary Form of Promissory Note 18 
A Promissory Note Filled Out in an Engraved Blank 19 
A Special Form for a Promissory Note 20 
The Advantages of the Clearing-house System 22 
The Route of a Cheque 24 
Backs of Two Paid Cheques 25 
A Sight Draft Developed from Letter 27 
A Sight Draft 28 
An Accepted Ten-day Sight Draft 28 
An Accepted Sight Draft 29 
A Time Draft 29 
Foreign Exchange 32
A Bill of Exchange (Private) 35 
A Bill of Exchange (Banker's) 36 
First Page of a Letter of Credit 38 
Second Page of a Letter of Credit 40 
A Certificate of Stock in a National Bank 42 
A Certificate of Stock in a Manufacturing Company 43 
A Protest 48 
A Private Bond 55    
    
		
	
	
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