...drafts and bills of exchange arising out of actual commercial transactions; that is, notes, drafts and bills of exchange issued or drawn for agricultural,...been used, or are to be used, for such purposes." If the national bank should want to rediscount this note with a reserve Bank, its eligibility for that...

...of exchange arising out of actual commercial transactions, that is, such as are issued or drawn {or agricultural, industrial or commercial purposes or...been used or are to be used for such purposes. "The reason that trust companies in Philadelphia do not, as a rule, deal in commercial paper is because...

...change the law so as to permit member banks to accept drafts or bills of exchange issued or drawn for industrial or commercial purposes, or the proceeds...have been used or are to be used for such purposes, (including the financing of international trade) TRUST COMPANIES giving the Federal Reserve Board the...

...drafts and bills of exchange, arising out of actual commercial transactions; that is, notes, drafts and bills of exchange issued or drawn for Agricultural,...commercial purposes, or the proceeds of which have been, or are to be used for such purposes, the Federal Reserve Board to have the right to determine or define...

...issued and drawn for agricultural, industrial and commercial purposes. The Federal Reserve Board would have the right to determine or define the character of the paper thus eligible for discount. But such definition would not include notes or bills issued for carrying or trading in stocks, bonds,...

...In view of the determination of the Democratic party to limit the privilege of discount to notes and bills of exchange "issued or drawn for agricultural, industrial or commercial purposes," the question is uppermost: "what will be the effect on the Wall Street call loan market?" That National...

...per cent of the amount of specified bills held by it, these bills being promissory notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes and maturing within 120 days. A reserve of not less than 33% per cent of the outstanding notes must...

...drafts, and bills of exchange arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural....been used, or are to be used, for such purposes, the Board of Governors of the Federal Reserve System to have the right to determine or define the character...

...drafts, and bills of exchange arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural,...been used, or are to be used, for such purposes, the Board of Governors of the Federal Reserve System to have the right to determine or define the character...

...14, 1973 9}3 Do. Minneapolis' Kansas City ' 9)3 Do. 9)| Do. Dallas ' 9)3 Do. San Francisco 9)3 Do. -exchange issued or drawn for agricultural, industrial,...been used, or are to be used, for such purposes, the Board of Governors of the Federal Reserve System to have the right to determine or define the character...