Full text: Electrical appliances (Vol. 1, nr.6)

export trade of the United States, which has attained 
unprecedented proportions in the last year or two. 
The facilities afforded by the First National Bank at 
Pittsburgh, in promoting exports and imports, have aided 
very materially in the commercial expansion of the nation. 
In this branch of banking, as well as in all details of domestic 
finance, this institution offers expert service. Cargoes of 
merchandise on their way to any part of the world can be 
financed economically and satisfactorily by our trained 
specialists. Direct correspondents and ample resources 
permit this to be done. 
Particular mention is made of the facilities of our 
Foreign Exchange Department, as follows: 
ForREIGN EXCHANGE: 
Drafts, Cheques, Money Orders and Bills of Exchange 
are bought and sold at current rates in dollars or foreign 
currencies. 
CommEeRciAL 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. 
ForeiGN CrEDIT INFORMATION: 
We place at the disposal of our clients, the services of 
our Foreign Credit Department, and will gladly secure 
special reports either by mail or cable. Our friends and 
customers are invited to make use of these facilities and 
acquaint our foreign department with the products in 
which they are interested and the countries where they 
wish to develop business.
	        
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