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 :. 9 
 
GIFT OF 
 
GIFT 
 APR 30 1918 
 
 Banking Service 
 
 for 
 
 Foreign Trade 
 
 ruaranty Trust Company 
 of New York 
 
Facilities Offered to 
 American and Foreign Banking Institutions 
 
 and 
 
 Importers and Exporters 
 
 Foreign Department 
 Guaranty Trust Company of New York 
 
 A 
 
 ' 
 
 Guaranty Trust Company of New York 
 
 140 Broadway 
 
 FIFTH AVENUEOFFICE MADISON AVENUE OFFICE 
 
 Fifth Avenue and 43rd Street Madison Avenue and 60th Street 
 
 LONDON OFFICES 
 32 Lombard Street, E. C. 5 Lower Grosvenor Place, S. W. 
 
 PARIS OFFICE 
 Rue des Italiens, 1 and 3 
 
MA/I ' 
 
 I ' 
 
 
 & 
 
 ^ 
 
 Copyright, 1918 
 Guaranty Trust Company of New York 
 
The Foreign Department 
 
 of the 
 
 Guaranty Trust Company 
 of New York 
 
 THE Guaranty Trust Company of 
 New York — with banking offices in 
 New York, London, and Paris, the three 
 great commercial and financial centers of 
 the world — offers its facilities to bankers, 
 manufacturers, and merchants, and in- 
 vites them to consult the officers of its 
 Foreign Department regarding the most 
 economical and practical methods for 
 financing foreign business. 
 
 The Foreign Department of the Guar- 
 anty Trust Company of New York is a 
 bank complete in itself. It is adminis- 
 tered by a Vice-President and nine other 
 officers, and employs more than three 
 hundred clerks. The staffs of the London 
 and Paris offices number more than one 
 hundred employes, and are constantly 
 increasing. The Company also main- 
 tains offices in Buenos Aires, and has 
 representatives and travelers in many 
 other countries 
 
 In addition to these offices, the Com- 
 pany has more than one thousand cor- 
 respondents through which it is in direct 
 [3] 
 
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and constant communication with every 
 foreign trade center of any importance. 
 Many of these correspondents are among 
 the leading banking institutions of the 
 world; they have been long established 
 in their respective localities and are thor- 
 oughly familiar with local commercial and 
 financial conditions. 
 
 Through this great organization of 
 branches and correspondents, the Guar- 
 anty Trust Company of New York pro- 
 vides direct, safe, and prompt banking 
 service with every part of the globe. It 
 is prepared to furnish to its clients and 
 others engaged in foreign business, the 
 best available credit information and data 
 regarding foreign trade conditions and 
 opportunities, and to assist them in get- 
 ting in touch with foreign customers. It 
 offers its best effort and service toward 
 furthering and safeguarding the interests 
 of its customers, and of all others engaged 
 in international trade. 
 
 [4] 
 
Facilities Offered by 
 The Foreign Department 
 
 of the 
 
 Guaranty Trust Company 
 of New York 
 
 Current Accounts and Special 
 Deposits 
 
 Opens checking accounts in dollars or 
 in foreign moneys in New York. Pays 
 interest on balances of $1,000 and over; 
 in London, on balances of £250 and over, 
 and in Paris, on balances of Fes. 5,000 
 and over. On deposits not to be with- 
 drawn within a definite period, a higher 
 rate of interest can generally be allowed 
 than on checking accounts. 
 
 Purchase and Sale of Exchange 
 
 Buys checks, money orders, bills of 
 exchange, or documentary drafts, drawn 
 at sight or at time on any foreign place. 
 Issues checks and time drafts in foreign 
 currency payable in the principal cities 
 of the globe. 
 
 Effects transfers of funds and makes 
 payments by mail or by cable to any 
 part of the world at current rates of 
 exchange. 
 
 [5] 
 
Insurance against Foreign 
 Exchange Losses 
 
 Secures in advance, whenever practica- 
 ble, definite future rates at which time 
 drafts will be paid, thus insuring its 
 customers against possible loss of foreign 
 exchange on transactions for future ship- 
 ment or delivery. 
 
 Travelers 9 Letters of Credit 
 
 Issues circular letters of credit and 
 travelers' checks in dollars, pounds ster- 
 ling and francs, available in every part of 
 the world. 
 
 Direct Drafts on Foreign Banks 
 
 Makes special arrangements for banks 
 who are its regular customers by which 
 they can draw drafts direct on the foreign 
 branches of the Guaranty Trust Company. 
 
 Discounts 
 
 Discounts domestic and foreign bills 
 of exchange drawn and indorsed or ac- 
 cepted by satisfactory banking institu- 
 tions and commercial firms and corpora- 
 tions. 
 
 Foreign Moneys 
 
 Buys and sells foreign gold or silver 
 coin, as well as foreign bank notes. 
 [6] 
 
Collections and Payments 
 
 Effects collection of sight or time drafts, 
 payments for consignments, insurance 
 claims, legacies, etc., in any part of the 
 world. 
 
 Import and Export Credits 
 
 Opens confirmed and unconfirmed cred- 
 its in any of the principal commercial 
 centers of the world, and effects payments 
 in settlement of imports and exports. 
 
 Acceptances 
 
 Accepts for account of its customers 
 time drafts issued in dollars on New 
 York, in sterling on London, or in other 
 foreign currencies, for the purpose of 
 financing purchases, consignments and 
 shipments to or from the United States. 
 Deals in prime bankers'acceptances which 
 arise out of transactions involving the 
 importation or exportation of goods. Is 
 prepared to meet the requirements of 
 banks and others desiring high grade, 
 short term investments of this character. 
 
 The Guaranty Trust Company has had 
 a longer experience in accepting drafts on 
 behalf of clients than any other bank in 
 New York City, since its charter as a 
 State bank permitted it to undertake 
 such business at a time when national 
 [7] 
 
banks were unable to do so. By reason 
 of its wide experience and large facilities, 
 therefore, this Company is enabled to be 
 of exceptional service to its customers. 
 
 Advances and Loans 
 
 Makes advances in dollars or any 
 foreign moneys against approved col- 
 lateral, especially bills of lading or ware- 
 house receipts representing goods stored 
 in the United States or abroad. Advances 
 against collections on foreign countries. 
 
 Sale of Merchandise 
 
 Disposes (through its Merchandise 
 Division) of straight consignments at 
 current market prices, and attends to 
 purchases of commodities for clients 
 abroad. 
 
 Financial Agent 
 
 Acts as collecting and disbursing agent 
 for foreign Governments, municipalities, 
 and banks, as well as for steamship, rail- 
 road, and other industrial organizations. 
 
 Foreign Securities 
 
 Buys and sells bonds, notes, and 
 Treasury bills of foreign Governments 
 and municipalities, and other acceptable 
 foreign investment securities. 
 [8] 
 
Custody of Securities 
 
 Receives securities for safe-keeping in 
 New York, London or Paris, subject to 
 the direction of the owner; detaches and 
 collects coupons, crediting customers' ac- 
 count or remitting on order; advises in 
 regard to called bonds, reorganization, 
 rights to subscribe, etc. 
 
 Credit Information 
 
 Places at the disposal of its correspond- 
 ents and other customers, the services 
 of its credit and commercial information 
 department. 
 
 Foreign Trade Service 
 
 Maintains a special division devoted to 
 the study of foreign commercial condi- 
 tions and export trade, whose services 
 are at the disposal of those interested. 
 
 Maintains in its New York and foreign 
 offices, classified indexes of foreign and 
 domestic manufacturers and dealers, for 
 the purpose of bringing buyers and sellers 
 in closer contact. 
 
 Special Foreign Representatives 
 
 Sends special representatives to foreign 
 countries to study commercial and eco- 
 nomic conditions and to make financial 
 and statistical investigations, in order to 
 [9] 
 
assise its customers in developing their 
 foreign trade. 
 
 London Offices 
 
 3£ Lombard Street, E. C. 
 
 5 Lower Grosvenor Place, S. W. 
 
 Paris Office 
 Rue des Italiens, 1 and 3 
 
 Invites American banks and bankers 
 to use as their correspondents in Europe 
 its London and Paris offices, which open 
 checking and current accounts, and offer 
 complete banking facilities on terms 
 which may be ascertained at the London, 
 Paris, or New York office. 
 
 [10] 
 
THIS BOOK IS DUE ON THE LAST DATE 
 STAMPED BELOW 
 
 
 AN INITIAL FINE OF 25 CENTS 
 
 WILL BE ASSESSED FOR FAILURE TO RETURN 
 THIS BOOK ON THE DATE DUE. THE PENALTY 
 WILL INCREASE TO BO CENTS ON THE FOURTH 
 DAY AND TO $1.00 ON THE SEVENTH DAY 
 OVERDUE. 
 
 
 MAY 1 1938 
 
 
 
 ;x 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 LD 21-95m-7,'37 
 
373733 
 
 UNIVERSITY OF CALIFORNIA LIBRARY