Full text : Iron and steel (continued) (Vol. 1, nr. 3)

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This booklet does not pretend to exhaust the subject
of iron and steel as handled in the Pittsburgh District, nor
to enumerate all the many different corporations and firms
engaged in the industry. It is merely suggestive of the
importance of the City in this vital industrial department.
The First National Bank at Pittsburgh prides itself on
its resourcefulness in meeting the business requirements
of its customers. Its officers have had a long experience
in banking, and its directors are successful business and
professional men with a wide view of commercial requirements.
 The Bank keeps in touch with financial developments
 at home and abroad, and is at all times ready to
attend promptly to all details of Banking, in any portion
of the Globe.
We submit on the following pages a partial list of our
correspondents in the different parts of the world, which
enables us to offer excellent service in connection with
any banking transactions. Particular mention is made
of the facilities of our Foreign Exchange Department,
as follows:

ForeieN EXCHANGE:
Drafts, Cheques, Money Orders and Bills of Exchange
are bought and sold at current rates in dollars or foreign
currencies.
ComMERCIAL CREDITS:
We issue Letters of Credit, drafts against which may
be drawn at sight or time, to finance imports and exports.

!

CoLLECTIONS:
Cheques and drafts are accepted for collection payable
in foreign currencies, and when necessary we make advances
 pending collection.
ACCEPTANCES:
For the purpose of financing imports, exports or domestic
 shipments, Acceptance Credits are granted maturing
at thirty, sixty, or ninety days. Commodities stored in
warehouses may also be financed under such Credits.

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