 ... 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...  Federal Reserve Bulletin - Page 4411916Full view - About this book
 | Richard Theodore Ely - Economics - 1893 - 826 pages
...Board. The privilege of rediscount is not extended to notes and bills of exchange issued " for the purpose of carrying or trading in stocks, bonds, or...investment securities, except bonds and notes of the United States." The purpose of this restriction is not only to prevent the resources of the federal... | |
 | Law - 1920 - 584 pages
...that such definition shall not include notes or drafts covering merely investments or issued for the purpose of carrying or trading in stocks, bonds or...and notes of the Government of the United States. The Federal reserve banks are also permitted to discount domestic or foreign acceptances involving... | |
 | Horace White - Banks and banking - 1911 - 576 pages
...investment; and which shall bear the endorsement of the payee ; and which shall not have been issued for the purpose of carrying or trading in stocks, bonds or other investment securities ; and which shall have a maturity in conformity with the requirements of the Federal Reserve act. (f)... | |
 | 1913 - 492 pages
...definition shall not include notes, drafts or bills covering mere investments or drawn or issued tor the purpose of carrying or trading in stocks, bonds or...the time of discount of not more than ninety days; provided, that notes, drafts and bill's drawn or issued for agricultural purposes or based on live... | |
 | Edmund J. Burke - Economics - 1913 - 502 pages
...A federal reserve bank may not discount notes, drafts, or bills of exchange issued or drawn for the purpose of carrying or trading in stocks, bonds, or...and notes of the government of the United States) ; (3) To discount acceptances based on the importation or exportation of goods ; (4) To purchase and... | |
 | First National City Bank of New York - Federal Reserve banks - 1913 - 88 pages
...the meaning of this Act; but such definition shall not include notes or bills issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities, except notes or bills having a maturity of not exceeding four months and secured by United States bonds or... | |
 | United States - 1913 - 1030 pages
...meaning of this act; but such distinction shall not include notes or bills issued or drawn for the purpose, of carrying or trading In stocks, bonds, or other Investment securities, except notes or bills having a maturity of not exceeding four months and secured by United States bonds, or... | |
 | United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1913 - 1142 pages
...eligible for such discount: out such definition shall not include notes or bills issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities. Notes and bills admitted to discount, under the terms of this paragraph must have a maturity of not... | |
 | United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1913 - 988 pages
...instruments." As it reads now, it says — shall not include notes or bills issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities. The CHAIRMAN. As amended, how would it read ? Mr. FLANNAGAN. As amended, it would read: Shall not include... | |
 | Clarence Walker Barron - Banking law - 1914 - 232 pages
...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...the time of discount of not more than ninety days: Provided, That notes, drafts, and bills drawn or issued for agricultural purposes or based on livestock... | |
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