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" Any Federal reserve bank may, under rules and regulations prescribed by the Federal Reserve 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... "
Acceptances: Their Importance as a Means of Increasing and Simplifying ... - Página 33
por American Exchange National Bank (New York, N.Y.), American Exchange National Bank, New York - 1916 - 48 páginas
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Annual Report, Volume 8

Board of Governors of the Federal Reserve System (U.S.) - 1922 - 740 páginas
...regulations to be prescribed by the Federal Reserve Board to purchase and sell in the open mflrket cable transfers and bankers' acceptances and bills...with or without the indorsement of a member bank. Section 13 provides that "any Federal Reserve Bank may discount acceptances of the kinds hereinafter...
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The Development of Federal Reserve Policy

Harold Lyle Reed - 1922 - 374 páginas
...acceptances must mature. This section empowers reserve banks to purchase and sell, in the open market, cable transfers and bankers' acceptances and bills...maturities by this Act made eligible for rediscount, . . . Since discounted paper, by the terms of section 13, must be payable within three months, it might...
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The Mechanism of Commercial Credit: Terms of Sale and Trade Acceptances

William Howard Steiner - 1922 - 400 páginas
...home or abroad, either from or to domestic or foreign banks, firms, corporations or individuals, . . . bills of exchange of the kinds and maturities by this...made eligible for rediscount, with or without the endorsement of a member bank. It is thus evident that bills of exchange, or trade acceptances, have...
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The Annals of the American Academy of Political and Social Science

American Academy of Political and Social Science - 1922 - 828 páginas
...Board, to purchase and sell in the open market, at home or abroad, from or to domestic or foreign banks, firms, corporations, or individuals, cable transfers...and bills of exchange of the kinds and maturities made eligible for rediscount, with or without the indorsement of a member bank.i Since nothing like...
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The Development of Federal Reserve Policy

Harold Lyle Reed - 1922 - 376 páginas
...exchange of the kinds and maturities made eligible for rediscount, and cable transfers." The words "and bills of exchange of the kinds and maturities by this act made eligible for rediscount" thus constituted one separate and complete clause with a comma at the beginning and at the end, and...
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National Banking Under the Federal Reserve System

First National City Bank of New York - 1923 - 188 páginas
...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...member bank. Every Federal reserve bank shall have power : Ha. To deal in gold coin and bullion at home or abroad, to make loans thereon, exchange Federal...
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Rural Credits: Hearings Before the Committee on Banking and Currency of the ...

United States. Congress. House. Committee on Banking and Currency - 1923 - 374 páginas
...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...member bank. Every Federal reserve bank shall have power," etc. The last subdivision is (e), and then this bill adds subdivision (f), to which it is proposed...
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Rural Credits: Hearings ... Sixty-seventh Congress ... on the Bills S.4280 ...

United States. Congress. House. Committee on Banking and Currency - 1923
...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...member bank. Every Federal reserve bank shall have power," etc. The last subdivision is (e), and then this bill adds subdivision (f), to which it ia proposed...
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Outlines of the Social Sciences

Elmer S. Nelson, Charles Emanuel Martin, William Henry George - 1923 - 850 páginas
...purchase and sell in the open market, at home or abroad, cither from or to domestic or foreign banks, firms, corporations, or individuals, cable transfers...with or without the indorsement of a member bank. 106. Powers of reserve Every Federal reserve bank shall have banks — Deal in gold coin, etc. power...
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The Federal Reserve Act (approved December 23, 1913) as Amended August 4 ...

United States - 1923 - 132 páginas
...domestic or foreign banks, stat' ^wcha'41 Srms, corporations, or individuals, cable transfers and s' acceptances and bills of exchange of the kinds and...member bank. Every Federal reserve bank shall have power: (a) To deal in gold coin and bullion at home or abroad, to make loans thereon, exchange Federal...
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