History of the London Discount Market; with an introduction by T E Gregory

Topics:

  • Name Capital and money markets, etc

Countries:

Library:

Groups:

Notes:

Reprinted 1972. Written by the Assistant Editor of the 'Financial News'. Authoritative account. Has chapters: 'Rise of the bill brokers'; 'The 1825 crisis and its results'; 'Growth of central banking functions'; 'Consequences of the Act of 1844 -1 - the Bank's 'new discounting' policy; 'Consequences of the Act of 1844 - 2 - the crisis of 1847'; 'The Bank and the market - withdrawal of rediscount facilities'; 'The rise of the discount companies'; 'Growth of the international money market'; 'The moral supremacy of the Bank of England'. Appendices include; 'Chronological table of discount companies' for each giving details of formation, liquidation, capital, etc; Prospectus of National Discount Co Ltd [1856] reproduced. Touches on the latter; Union Discount Co of London Ltd; General Credit & Finance Co of London Ltd; Bruce Buxton & Co; London Discount Co Ltd; Sanderson Sandeman & Co; National Discount Co Ltd