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Grex > Coop10 > #59: Cyberspace Communications, Inc. Finances through 11/30/97 |  |
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| Author |
Message |
| 10 new of 59 responses total. |
lilmo
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response 50 of 59:
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Jan 3 20:23 UTC 1998 |
Re #36: "Net investable balance" is the difference between the "required
reserve" (ie, what the Fed mandates the bank to keep in its account at the
"local" Reserve Bank, as the price of participating in the ntional banking
system) and the actual balance in the account. That is, it's the portion of
the account that the bank can "invest", ie, lend to businesses and
individuals.
The "credit earned on" it would appear to be analogous to the interest we
might earn if we were a person, especially since the "factor ... is subject
to change from time to time", much as an interest rate would be.
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gibson
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response 51 of 59:
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Jan 6 01:48 UTC 1998 |
Regarding paying phone bills in person, you can pay at any Meier's.
They enter it by computer and it is posted to ameritech immediatly. But it
still is a bother to go there when you can drop it in the mail for 32 cents.
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scg
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response 52 of 59:
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Jan 6 05:51 UTC 1998 |
That's interesting to know, especially given the times I've gone to Meijer's
looking for stamps to mail the phone bill with.
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jared
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response 53 of 59:
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Jan 6 06:52 UTC 1998 |
it's about .10 cheaper to pay it in person too
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robh
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response 54 of 59:
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Jan 6 12:59 UTC 1998 |
One correction to #51 - last time I was there, a large sign at
customer service announced "bills paid here may take up to ten
days to reach Ameritech" - definitely not "immediate"!
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jared
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response 55 of 59:
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Jan 6 19:12 UTC 1998 |
It is immediate, but they don't want to tell you that.
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robh
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response 56 of 59:
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Jan 6 22:24 UTC 1998 |
Well, I'm just repeating what the sign says...
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mwg
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response 57 of 59:
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Jan 8 04:24 UTC 1998 |
You might try asking around for account information at every CU in the area,
one of them might have something useful. I did this for a fan club, and found
one that would give us an account with very low charges as long as one of the
club operators had an account, which was something that was arranged.
As for bill paying, I think that there are no options (other than 'automatic
withdrawals) that don't cost more in time and such than just mailing the durn'
thing, unless the check writer passes by an office as part of a regular
pattern. I do this with the Detroit Edison office that I pass about twice
a week, and drop the payment in the box. Otherwise, mailing it is the best
overall way. (This is frightening considering the state of the USPS, but
that's another topic/conference.)
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gibson
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response 58 of 59:
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Jan 9 03:59 UTC 1998 |
The phone co.is who told me it is immediately recorded. Not that you
should believe much they say. Also meier charges either $.15 or $.25 for the
service.
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lilmo
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response 59 of 59:
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Jan 13 02:22 UTC 1998 |
Still better than a stamp.
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