id author title date pages extension mime words sentences flesch summary cache txt 29364 Escher, Franklin Elements of Foreign Exchange: A Foreign Exchange Primer .txt text/plain 33160 1415 68 "long" exchange--The operation of lending foreign money New York will, in the great majority of cases, draw a sterling draft day in New York there will be merchants with sterling drafts on London New York capital from the foreign markets, exchange had sold down to a to raise the rate of exchange upon London, at New York or Paris or whole amount of foreign exchange dealt in in the New York market, will shipper's hands by some foreign exchange banker in New York. exchange in the New York market than "payment" bills, which may be Bankers who do a foreign exchange business, keeping large balances in the exchange market, the banker's business being to draw and sell on foreign-exchange-bankers' operations, but the fact that bills of business it is the selling by bankers of their demand bills of exchange New York banker sells his draft on London for ./cache/29364.txt ./txt/29364.txt