Annual Report, Volume 13

Capa
U.S. Government Printing Office, 1927
 

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Palavras e frases frequentes

Passagens conhecidas

Página 37 - Whoever, except as permitted by the laws of the United States, uses the words "national", "Federal", "United States", "reserve", or "Deposit Insurance" as part of the business or firm name of a person, corporation, partnership, business trust, association or other business entity engaged in the banking, loan, building and loan, brokerage, factorage, insurance, indemnity, savings or trust business ; or Whoever falsely advertises or represents, or publishes or displays any...
Página 37 - That no bank, banking association, trust company, corporation, association, firm, partnership, or person engaged in the banking, loan, building and loan, brokerage, factorage, insurance, indemnity, or trust business shall use the word " Federal, " the words "United States," or the word "reserve," or any combination of such words, as a portion of its corporate, firm, or trade name or title or of the name under which it does business: Provided, however, That the provisions of this section shall not...
Página 35 - November 30, 1925, it issued an order transferring the case to the Circuit Court of Appeals for the Fifth Circuit.
Página 12 - This is a development which, though it may in some cases result in strengthening the position of individual member banks, represents a departure from the original conception of the Federal reserve banking system as of a cooperative undertaking among commercial banks engaged primarily in the financing of the current operations of productive industry and trade.
Página 122 - Four quarters in a year (January to March, April to June, July to September, October to December) reduces the number of items to one third of those in 12 monthly readings.
Página 37 - States nor documented under the laws of any foreign country, if its crew is employed solely by one or more citizens or residents of the United States or corporations organized under the laws of the United States or of any State; and the term "American aircraft" means an aircraft registered under the laws of the United States.
Página 35 - Heinrich; and when the circuit court of appeals affirmed the decision of the United States district court, we were certain that we were not subject to any lien for construction charges.
Página 12 - ... member banks were able to comply with legal reserve requirements with a considerably smaller amount of reserves than would have been necessary had the proportion of time to demand deposits remained unchanged, or, to put it In another way, to add a large amount to their loans and Investments without л corresponding Increase In their reserves.
Página 11 - The decline in the proportion of eligible paper has been continuous and considerable and has been due chiefly to the relatively more rapid growth of holdings of investments and of loans on securities. An additional factor in this decline has been the decrease in the volume of loans secured by United States obligations, which are eligible for rediscount regardless of the purpose for which the loan was made. With the reduction of the public debt and the absorption of United States securities by permanent...
Página 18 - ... the reserves against bank credit and currencies in other countries. The existence in America of these foreign balances consequently presents a condition in the banking situation to be taken into account in determining the Federal Reserve System's credit policy with a view to maintaining the country's banking system in a position to meet demands for gold from abroad without disturbing business and credit conditions in the country.

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