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The Oneida Community inaugurated, on January 1, 1917, a system of compensation for the excessive cost of dwelling by means of Bradstreet's index number for wholesale prices. The chief use of index numbers in settling wage disputes was in the selections of the National War Labor Board. Strikes have been settled and wage will increase made particularly on the idea of index numbers. Co., of Mishawaka, Indiana; and the Union Bleaching & Finishing Co. of Greenville, South Carolina, both pay wages on the idea of index numbers. Various flouring mills in Seattle and other points in the Northwest have raised the wages of their workers on a number of occasions. In every succeeding month a 1 per cent advance or decline of wages was made for each 20 factors change within the Bradstreet quantity. In England, the workers in several branches of the textile commerce drew up an settlement with their employers in January, 1918, canceling all earlier war bonuses and establishing the regulation of wages by the index number of the cost of residing as calculated by the Board of Trade. Each workman receives two weekly pay envelopes-one containing regular wages and the other containing a certain proportion thereof calculated from Bradstreet's quantity.

At the shut of 1916 several banks, trust corporations, and business and industrial establishments made particular Christmas presents to their staff to compensate partially for the reduced buying power of their salaries for the preceding 12 months, the presents being a set proportion of the salaries. The prices offered had been based on the present New York closing quotations of the earlier evening, the brand new York percentage worth being converted into the London sterling price at the prevailing price of exchange with accrued interest. The Treasury was also prepared in most cases to purchase for sterling the deposit certificates in London at the present American prices of the securities deposited. In the course of the currency of the mortgage the lender was entitled (1) to have his securities offered in New York freed from expense, the proceeds being paid to him in London at the present sterling charge of alternate, or (2) to acquire the discharge of his securities in New York in opposition to cost to the Treasury agent there of a sum in dollars equivalent to their American worth, an analogous sum in sterling being paid to the depositor in London.

After the breakdown of bimetallism about 1873, when gold and silver international locations started to drift apart, London exchange on India ceased to have any par. Probably the best instance of such correction in current money items themselves is the "gold trade commonplace," whereby the silver normal countries have nearly converted their silver models into gold. The Freely Convertible Currency (MLC) is a virtual foreign money utilized in alternate shops in Cuba, and its current value is 250 CUP within the informal market. The first order under this regulation was issued on Feb. 17 1917, and required house owners or custodians of specified securities to ship them up in return for an amount of compensation based mostly on the present market values. The Fool responds: That means that the company’s web cash (its cash reserves with debt subtracted) is greater than its whole market worth - in other words, its web money per share exceeds its share worth. Active operations have been begun in Jan. 1916, أسعار الدولار سعر الدولار اليوم مباشر (www.dnnsoftware.com) at the National Debt Office in Old Jewry, by the issue of a listing of 54 chosen American dollar bonds which the Treasury was ready to purchase. In all actuality these debt backed currencies are backed by solely extra debt or extra promise to pay and nothing extra.

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