Money and BankingD. Appleton, 1928 - 563 páginas |
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Palavras e frases frequentes
acceptances amount assets balance bank's bankers bill of lading bills of exchange bimetallism borrower brokers bullion call loans cash changes checks circulation clearing house clerk coinage collateral collection commercial bank commercial paper commodities Comptroller corporation currency customers demand depositors deposits directors discount draft Federal Reserve Act Federal reserve bank Federal reserve notes Federal reserve system funds gold and silver gold coin gold exchange standard gold standard increase index numbers indorsed interest investment legal tender liability McFadden Act medium of exchange member banks ment metal million monetary Money and Banking mortgages national bank notes note issues paid paper money payable payment period Principles of Money profits real estate receipts received redeemable rediscount savings banks securities seigniorage sell silver dollars stockholders teller tion trade transactions trust companies United United States notes York
Passagens conhecidas
Página 484 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Página 403 - Board, purchase and sell in the open market, at home or abroad, either from or to domestic or foreign banks, firms, corporations, or individuals, cable transfers and bankers' acceptances and bills of exchange of the kinds and maturities by this Act made eligible for rediscount, with or without the indorsement of a member bank.
Página 529 - The Federal Reserve Board shall make and promulgate from time to time regulations governing the transfer of funds and charges therefor among Federal reserve banks and their branches, and may at its discretion exercise the functions of a clearing house for such Federal reserve banks, or may designate a Federal reserve bank to exercise such functions, and may also require each such bank to exercise the functions of a clearing house for its member banks.
Página 483 - ... notes, drafts and bills of exchange of factors issued as such making advances exclusively to producers of staple agricultural products in their raw state shall be eligible for such discount; but such definition shall not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities, except bonds and notes of the Government of the United States.
Página 236 - The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Página 146 - An instrument to be negotiable must conform to the following requirements: 1. It must be in writing and signed by the maker or drawer; 2. Must contain an unconditional promise or order to pay a sum certain in money; 3. Must be payable on demand, or at a fixed or determinable future time; 4. Must be payable to order or to bearer; and, 5.
Página 498 - Any member bank may accept drafts or bills of exchange drawn upon it having not more than six months...
Página 270 - The Federal Reserve Board shall, at least once each year, order an examination of each Federal reserve bank, and upon joint application of ten member banks the Federal Reserve Board shall order a special examination and report of the condition of any Federal reserve bank.
Página 467 - The outstanding capital stock shall be increased from time to time as member banks increase their capital stock and surplus or as additional banks become members, and may be decreased as member banks reduce their capital stock or surplus or cease to be members.
Página 166 - ... unless the Secretary of the Treasury shall at any time otherwise order and direct ; in which case the Secretary of the Treasury shall immediately lay before Congress, if in session, and if not, immediately after the commencement of the next session, the reasons of such order or direction.