State Bank Membership in the Federal Reserve SystemFederal Reserve Bank, 1919 - 75 páginas |
Palavras e frases frequentes
1917 Territory amount appointed balance carried bank members Bank of San bank or branch bank or trust bank's bonds branch banks BRANCH Established California capital stock central reserve city central reserve holding charge check collection service clearing member banks cost demand deposits deposits and three dividends earnings elastic in volume eligible for rediscount eral reserve bank Federal Reserve Act Federal Reserve Agent Federal reserve bank Federal Reserve Board Federal Reserve District Federal reserve Exchange Federal reserve notes Federal Reserve System fifteen-day note following Counties funds gold head office IDAHO immediate credit issue Federal reserve Loan Manager of Branch member or clearing membership non-member banks notes secured old National Bank Omit Cents Oregon paid paper eligible Portland Branch profits rency Salt Lake City San Francisco serve bank Spokane Branch surplus telegraphic tion Transfer trust company Twelfth Federal Reserve twelve Federal reserve Utah War Finance Corporation Washington
Passagens conhecidas
Página 29 - Act contained shall be construed to prohibit such notes, drafts and bills of exchange, secured by staple agricultural products, or other goods, wares, or merchandise from being 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 15 - Board may prescribe, shall be operated under the supervision of a board of directors to consist of not more than seven nor less than three directors, of whom a majority of one shall be appointed by the Federal reserve bank of the district, and the remaining directors by the Federal Reserve Board.
Página 17 - States and having an unimpaired capital sufficient to entitle it to become a national banking association under the provisions...
Página 36 - The required balance carried by a member bank with a Federal reserve bank may, under the regulations and subject to such penalties as may be prescribed by the Federal Reserve Board, be checked against and irithdrairn by such member bank for the purpose of meeting existing liabilities...
Página 12 - Board, not more than one of whom shall be selected from any one Federal reserve district, the President shall have due regard to a fair representation of the different commercial, industrial and geographical divisions of the country.
Página 35 - Demand deposits within the meaning of this act shall comprise all deposits payable within thirty days, and time deposits shall comprise all deposits payable after thirty days, all savings accounts and certificates of deposit which are subject to not less than thirty days' notice before payment, and all postal savings deposits.
Página 13 - B, respectively, upon a preferential ballot, on a form furnished by the chairman of the board of directors of the Federal reserve bank of the district.
Página 34 - Federal reserve bank .as follows: " (a) If not in a reserve or central reserve city, as now or hereafter defined, it shall hold and maintain with the Federal reserve bank of its district an actual net balance equal to not less than seven per centum of the aggregate amount of its demand deposits and three per centum of its time deposits.
Página 29 - ... 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. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity at the time of discount of not more than ninety days...
Página 11 - That the districts shall be apportioned with due regard to the convenience and customary course of business and shall not necessarily be coterminous with any State or States. The districts thus created may be readjusted and new districts may from time to time be created by the Federal Reserve Board, not to exceed twelve in all.