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| Chapter I. | What Foreign Exchange is and What Brings it into Existence | 3 |
| The various forms of obligation between the bankers and merchants of one country and the bankers and merchants of another, which result in the drawing of bills of exchange. | |
| Chapter II. | The Demand for Bills of Exchange | 15 |
| A discussion of the six sources from which spring the demand for the various kinds of bills of exchange. | |
| Chapter III. | The Rise and Fall of Exchange Rates | 25 |
| Operation of the five main influences tending to make exchange rise as opposed to the five main influences tending to make | |
| Chapter IV. | The Various Kinds of Exchange | 45 |
| A detailed description of: Commercial "Long" Bills—Clean Bills—Commercial "Short" Bills—Drafts drawn against securities sold abroad—Bankers' demand drafts—Bankers' "long" drafts. | |
| Chapter V. | The Foreign Exchange Market | 59 |
| How the exchange market is constituted. The bankers, dealers and brokers who make it up. How exchange rates are established. The relative importance of different kinds of exchange. | |
| Chapter VI. | How Money Is Made in Foreign Exchange. The Operations of the Foreign Department | 68 |
| An intimate description of: Selling demand bills against remittances of demand bills—Selling cables against remittances of demand bills—Selling demand drafts against remittances of "long" exchange—The operation of lending foreign money here—The drawing of finance bills—Arbitraging in Foreign Exchange—Dealing in exchange "futures." | |
| Chapter VII. | Gold Exports and Imports | 106 |
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