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

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 require- 
ments. The Bank keeps in touch with financial develop- 
ments 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: 
ForereN 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 ad- 
vances pending collection. 
ACCEPTANCES: 
For the purpose of financing imports, exports or domes- 
tic 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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