Federal reserve bank may discount notes, drafts, and bills of exchange! arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds... The American Industrial Opportunity - Página 226por American Academy of Political and Social Science - 1915Visualização integral - Acerca deste livro
| Richard Theodore Ely - 1893 - 826 páginas
...federal reserve system. Federal reserve banks may rediscount (for their member banks) shorttime notes and bills of exchange " issued or drawn for agricultural, industrial, or commercial purposes," and conforming to certain specifications which have been carefully formulated by the Federal Reserve... | |
| 1915 - 808 páginas
...reserve bank might "discount notes, drafts, and bills of exchange arising out of actual commercial transactions — that is, notes, drafts, and bills...the proceeds of which have been used or are to be used for such purposes." The Federal Reserve Board was given the right to define the character of paper... | |
| 1921 - 672 páginas
...business and all paper which is eligible under the terms of section 13 of the Federal Reserve act, that is, notes, drafts and bills of exchange issued or drawn for commercial, agricultural and industrial purposes, is eligible for rediscount at any Federal Reserve... | |
| Horace White - 1911 - 576 páginas
...Federal reserve bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions ; that is, notes, drafts, and bills of...the proceeds of which have been used, or are to be used, for such purposes, the Federal Reserve Board to have the right to determine or define the character... | |
| Nelson Wilmarth Aldrich - 1911 - 30 páginas
...arising out of commercial transactions. (This language, whenever used, is intended to apply to all notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, and not for carrying stocks, bonds, or other investment securities.) Such notes and bills must have... | |
| James Laurence Laughlin - 1912 - 452 páginas
...deposit with it, notes and bills of exchange arising out of commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural, industrial or commercial purposes, and not including notes or bills issued or drawn for the purpose of carrying stocks, bonds, or other... | |
| Frederick Converse Beach, George Edwin Rines - 1912 - 822 páginas
...it, notes and bills of exchange arising out of commercial transactions, by which term is meant notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, and not for carrying stocks, bonds, or other investment securities. Such notes and bills must have... | |
| Alfred Owen Crozier - 1912 - 434 páginas
...deposit with it, notes and bills of exchange arising out of commercial transactions; that is, notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, and not including notes or bills issued or drawn for the purpose of carrying stocks, bonds, or other... | |
| L. T. Myers - 1912 - 372 páginas
...their reserves. Commercial paper available for this purpose, as defined by the plan, includes all notes and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, but not for carrying stocks, bonds, or other investment securities. This will enable the banks of the... | |
| 1913 - 492 páginas
...Federal reserve bank may discount notes, drafts and bills of exchange arising out of actual commercial transactions; that is, notes, drafts and bills of...the proceeds of which have been used, or are to be used, for such purposes, the Federal Rerserve Board to have the right to determine, or define the character... | |
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