Federal Reserve BulletinU.S. Government Printing Office, 1916 - Banks and banking |
Contents
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Common terms and phrases
90 days acreage active amount apolis April assay office bars Atlanta Balance bales bankers base bullion bills of exchange Boston bought in open Bulletin capital stock cent Chicago clearing Cleveland commercial paper commodity paper cotton crease crop Dallas debits decrease demand deposits directors earnings eral Reserve exports February Federal Reserve Act Federal Reserve Agents Federal Reserve Bank Federal Reserve Board Federal Reserve notes Federal Reserve System Foreign coin increase indorsement industry issued January July July 21 June 23 Kansas City labor liabilities loans Louis manufacturers March member banks ment mills Minneapolis month National Bank Number of pieces open market operations Orleans branch paper discounted Paper maturing Philadelphia purchase rates receipts rediscount reported reserve cities Richmond San Francisco season secured shipments thousands of dollars tion trade acceptances United States coin United States mint Week ending wheat York
Popular passages
Page 75 - To exercise by its board of directors or duly authorized officers or agents subject to law all such incidental powers as shall be necessary to carry on the business of banking by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt...
Page 533 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Page 395 - The Legislature cannot delegate its power to make a law; but it can make a law to delegate a power to determine some fact or state of things upon which the law makes, or intends to make, its own action depend.
Page 441 - Bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions; that is, notes, drafts, and bills of exchange issued or drawn for agricultural, industrial, or commercial purposes, or the proceeds of which have been used, or are to be used, for such purposes...
Page 441 - ... 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.
Page 520 - ... which the marks or labels upon them indicate, or of the kind or quantity or in the condition they were said to be by the consignor. The carrier may, also by inserting in the bill the words "shipper's load and count...
Page 519 - That except as provided in section twenty-six, and except when compelled by legal process, if a carrier delivers goods for which an order bill had been issued, the negotiation of which would transfer the right to the possession of the goods, and fails to take up and cancel the bill, such carrier shall be liable for failure to deliver the goods...
Page 537 - To buy and sell, at home or abroad, bonds and notes of the United States, and bills, notes, revenue bonds, and warrants with a maturity from date of purchase of not exceeding six months, issued in anticipation of the collection of taxes or in anticipation of the receipt of assured revenues by any State, county, district, political subdivision, or municipality in the continental United States, including irrigation, drainage, and reclamation districts, such purchases to be made in accordance with rules...
Page 326 - ... 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...
Page 319 - Be it further resolved that the Secretary be instructed to send a copy of this resolution to the President of the United States.