Publisher's Synopsis
Excerpt from Mercein's City Directory, New-York Register, and Almanac, for the Forty-Fifth Year of American Independence: Containing, Beside the List of Duties, Banks, Insurance Companies, Post Office Establishment, a Variety of Useful Information; June 1, 1820
The interest for discount in the banks in this city is fixed at six per cent. Per annum, upon notes or hills not having more than sixty days to run. Three days of grace allowed, and the discount taken for the same.
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