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More "Money market" Quotes from Famous Books
 ... greatest regret that I apprise you, for Self & Co., that we shall not be able in the present state of the Money Market to renew your Lordship's bill for 10,000 pounds, due the 28th instant. Respectfully calling your Lordship's attention to the same, I have the honour to be, for Self & Co., ...
— Alice, or The Mysteries, Book V • Edward Bulwer Lytton
... England not only raised its rate of interest to eight per cent., but contracted the time of accommodation to thirty days. The funds, always susceptible of the influence of an uneasy state of public affairs, and of violent changes in the money market, were at this juncture peculiarly so, falling as much as two per cent, in a single day. Consols were as low as eighty-four. Railway shares suffered more than any other kind of stock or scrip, becoming so depreciated ...
— The History of England in Three Volumes, Vol.III. - From George III. to Victoria • E. Farr and E. H. Nolan
... of twenty-five years' standing, and an Old Subscriber," calls attention to the unusual state of things now so long existing in the Money Market, by the fall in the rate of interest to 1-3/4 and 2 per cent. upon the first class commercial bills. He states that a friend of his has lately lent 100,000l. at 1-1/2 to 2 per cent., being the highest ...
— The Economist - Volume 1, No. 3 • Various
... sixteen years the mint has issued some 130,000,000L of which scarcely seven per cent. remained in Freeland, and all except a very small portion of this lies in the bank cellars, where its repose is never disturbed. For with us there are no fluctuations of the money market, since there exists scarcely any demand for money in Freeland. Gold is our measure of value, and will remain so as long as there is no commodity discovered better fitted to perform this function—that is, exposed to less variation in value—than this metal. The ...
— Freeland - A Social Anticipation • Theodor Hertzka
... inflation of paper money, followed by a general mania for speculation. When the bubble burst these banks were unable to redeem their notes in gold and silver, and suspended their payments. Then the stringency of the money market equalled the previous inflation. In consequence there were innumerable failures and everything fell in value,—lands, houses, and goods. Such was the general depression and scarcity of money that in many States it was difficult ...
— Beacon Lights of History, Volume XII • John Lord
... in your own power. Her 'no' might be a disappointment in hours you weren't busy among your looms and cotton bales, or talking of discounts and the money market, but its echo would grow fainter every hour of your life, and then you would meet the other girl, whose 'yes' would put the 'no' forever out ...
— The Measure of a Man • Amelia Edith Huddleston Barr
... Van Dyke, of San Diego, has written of this episode: "The money market tightened almost on the instant. From every quarter of the land the drain of money outward had been enormous, and had been balanced only by the immense amount constantly coming in. Almost from the day this inflow ceased money seemed scarce everywhere, ...
— California and the Californians • David Starr Jordan
... the purchase of Loggie-Wester, commenced by his predecessor, but in order to do so he had to have recourse to the money market. He granted a bond, dated 20th of October, 1644, for 1000 merks, to Hector Mackenzie, alias MacIan MacAlastair Mhic Alastair, indweller in Eadill-fuill or South Erradale. On the 14th of January, 1649, at Kirkton, he granted to the same person a bond for ...
— History Of The Mackenzies • Alexander Mackenzie
... that he paid me tolerably well, although he certainly took the lion's share. With the money he made in this way, he speculated in South African shares, and, as the boom was then on, he simply coined gold. Everything he touched turned into cash, and however deeply he plunged into the money market, he always came out top in the end. By turning over his money and re-investing it, and by fresh speculations, he became a millionaire in a wonderfully short space of time. Then he made me his secretary ...
— Red Money • Fergus Hume
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