Money, banking, and the financial system / Milton l. Stoke, Carl T. Arlt.

Part I. Money, Price Levels, and Income -- 1. The Role of Money: A Preview, 3 -- 2.The Meaning and Measurement of Price Level Changes, 23 -- 3. Theoretical Approaches to the Value of Money, 38 -- 4. The Theory of Income and Expenditures, 60 -- Part II. Monetary Standards and the Money Supply -- 5. Monetary Standards, 97 -- 6. U. S. Monetary Standards Before 1933, 114 -- 7. U. S. Monetary Standards Since 1933,131 -- Part III. Credit, Money Markets, and the Money Supply -- 8. Credit and Credit Instruments, 153 -- 9. The Markets for Credit Instruments, 167 -- 10. Credit and the Nation's Money Supply, 184 -- Part IV. The Banking System: A Preliminary View -- 11. The Functions and Organization of Banks, 195 -- 12. The Bank Statement and Portfolio Problems, 213 -- 13. The Clearance and Collection of Checks, 226 -- 14. Credit Expansion and Contraction, 242 -- Part V. Bank Operations and the Management of Assets and Liabilities -- 15. Bank Reserves, 255 -- 16. Loans and Investments, 269 -- 17. Deposits and Capital Accounts, 289 -- 18. Insurance of Bank Deposits, 302 -- Part VI. Historical Development of Commercial and Central Banking -- 19. Origins of Banking in Europe, 319 -- 20. American Banking Before the Civil War, 335 -- 21. The National Banking System and the Origins of Central Banking, 350 -- Part VII. Central Banking and the Treasury -- 22. Structure and Purposes of the Federal Reserve System, 363 -- 23. Service Functions of the Federal Reserve System, 381 -- 24. Federal Reserve and Treasury Credit Controls, 396 -- Part VIII. International Monetary Relationships -- 25. The Financing of Foreign Trade, 433 -- 26. Foreign Exchange Rates and Equilibrium, 450 -- 27. International Financial Institutions, 470 -- Part IX. The Problems of Monetary Policy -- 28. Monetary Policy and Its Objectives, 497 -- 29. Federal Reserve Policy, 1914-1939, 508 -- 30. Federal Reserve Policy, 1940-1954, 523 -- 31. Current Policy Considerations, 541 -- Part X. The Financing of Investment and Consumer Expenditures -- 32. Savings Institutions, 553 -- 33. Investment Banking, 576 -- 34. Consumer Credit Facilities, 593 -- 35. The Government and Urban Real Estate Financing, 612 -- 36. The Government and Agricultural Credit, 627 -- Selected References, 647 -- Index of Names, 657 -- Index of Subjects, 659.