Everybody's Guide to Money Matters: with a description of the various investments chiefly dealt in on the stock exchange, and the mode of dealing therein   By: William Cotton (1786-1866)

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Everybody's Guide to Money Matters

With a description of the various invest ments chiefly dealt in on the stock exchange, and the mode of dealing therein

also

Some account of the pitfalls prepared for the unwary, and suggestions to the cautious investor.

by

William Cotton, F.S.A.

Late treasurer of the county of Devon, author of "An Elizabethan Guild," "Gleanings from Records," "The Bank Manager," etc. Originator of the postal order system.

London 1898.

PREFACE.

THE Author, emboldened by a Banking expe rience of over forty years, offers this little work to the public in the hope that, elementary though it be, it may prove acceptable to many persons of both sexes.

The work has been prepared chiefly for the use of women, a vast proportion of whom are brought up in utter ignorance of money matters in the simplest form, though otherwise they may be highly accomplished.

The subject, it must be allowed, is not a fasci nating one, but there are periods in the lives of most persons when some knowledge of money matters may be useful and even necessary.

W.C.

CONTENTS.

PAGE CHAP. I. What is Money? What to do with it How to open a Bank Account How to draw Cheques . . . 1

CHAP. II. How to Deposit Money at Interest The Bank Pass Book The Advantages of a Bank Account . 13

CHAP. III. London Banks and Banking Bill of Exchange Deposits Scotch and Irish Banks . . . . . . . 20

CHAP. IV. Investments What are Securities Mortgages The Funds The National Debt Stocks and Shares Dividends, how Payable . . . . . . . . . . . . 26

CHAP. V. British Government Funds The Different Debts Terminable Annuities Loans Guaranteed by Govern ment Dividends, how to Receive them Automatic Re investment of Dividends . . . . . . . . . . . . 35

CHAP. VI. Government Annuities, how to Purchase When Payable Tables Insurance Office Annuities Tables Indian Government Stocks . . . . . . . . . . . 41

CHAP. VII. Loans to Corporations, &c. Colonial Govern ment Securities Inscribed Stocks and Bonds List of Inscribed Stocks Bonds and Coupons Foreign Govern ment Stocks Caution in Investing Railways The Different Stocks and their Relative Values The War rants for Interest and Dividends Indian Railway Stocks American Railways Foreign Railways Banks As an Investment Colonial and Foreign Corporation Stocks Canals and Docks Gas Electric Lighting, Telegraph and Telephone Water Works Breweries Industrial Companies Financial, Land and Investment Companies Financial Trusts Insurance Companies Steamship Companies Mines . . . . . . . . . . . . . . . 55