Practical Problems in Banking and Currency: Being a Number of Selected Addresses Delivered in Recent Years by Prominent Bankers, Financiers and EconomistsWalter Henry Hull Macmillan, 1907 - 596 páginas |
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Página 19
... dollars , of which sum the United States furnishes 10 per cent . or $ 400,000,000 . Of this enormous total the United Kingdom supplies one billion dollars , or 25 per cent .; Germany supplies 20 per cent .; France about 12 per cent ...
... dollars , of which sum the United States furnishes 10 per cent . or $ 400,000,000 . Of this enormous total the United Kingdom supplies one billion dollars , or 25 per cent .; Germany supplies 20 per cent .; France about 12 per cent ...
Página 20
... dollars per annum . Of this the United States handles less than 10 per cent . or two hundred millions , while the profits resulting from the remain- ing 90 per cent . go to European banking houses and merchants in- stead of to our own ...
... dollars per annum . Of this the United States handles less than 10 per cent . or two hundred millions , while the profits resulting from the remain- ing 90 per cent . go to European banking houses and merchants in- stead of to our own ...
Página 27
... dollar ; thus pro- viding the $ 9,000,000 necessary to pay off the borrowings at the bank ; and he has , further , the option of buying the stocks of the new trust at 60 cents on the dollar for the preferred stock , and 30 cents on the ...
... dollar ; thus pro- viding the $ 9,000,000 necessary to pay off the borrowings at the bank ; and he has , further , the option of buying the stocks of the new trust at 60 cents on the dollar for the preferred stock , and 30 cents on the ...
Página 30
... in the cigar trust's affairs is but temporary , decides that it would be a good plan for his syndicate to make a bid to the bor- rowers of 50 cents on the dollar for $ 4,000,000 30 PRACTICAL PROBLEMS IN BANKING AND CURRENCY.
... in the cigar trust's affairs is but temporary , decides that it would be a good plan for his syndicate to make a bid to the bor- rowers of 50 cents on the dollar for $ 4,000,000 30 PRACTICAL PROBLEMS IN BANKING AND CURRENCY.
Página 31
... dollar for $ 4,000,000 of the bonds , this being just enough to enable them to pay off their borrowings at the bank , and this being exactly the amount of the deposit to the syndi- cate's credit , representing their profits on the ...
... dollar for $ 4,000,000 of the bonds , this being just enough to enable them to pay off their borrowings at the bank , and this being exactly the amount of the deposit to the syndi- cate's credit , representing their profits on the ...
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Términos y frases comunes
ADDRESS DELIVERED advertising AMERICAN BANKERS amount appointed asset currency average balances bank examiner bank notes Bank of England Bank of France bank reserves bank-note bank's banking system bill bonds borrower branch banking capital cent certificates circulation clearing-house commercial commercial paper Comptroller consider court customers demand depositors deposits directors discounts dollars duty elasticity exchange existing fact fiduciary Frenger funds gold government bonds greenbacks increase institutions investment liability loans loss ment methods mortgage municipal bonds National Banking Act national banks negotiable instrument officers paid panic paper payment persons practically present principles profit proper question rate of interest real-estate department redeemed redemption registrar responsibility result savings banks speculation statement stockholders surplus tion transactions transfer agent Treasury trust company United United States notes York
Pasajes populares
Página 228 - ... shall be received at par in all parts of the United States in payment of taxes, excises, public lands, and all other dues to the United States, except for duties on imports ; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations within the United States, except interest on the public debt, and in redemption of the national currency.
Página 228 - July 14, 1890, are legal tender for all debts, public and private, except where otherwise expressly stipulated in the contract. United States notes are legal tender for all debts, public and private, except duties on imports and interest on the public debt.
Página 536 - ... 1. To act as the fiscal or transfer agent of any state, municipality, body politic or corporation ; and in such capacity to receive and disburse money, to transfer, register and countersign certificates of stock, bonds or other evidences of indebtedness, and to act as agent of any corporation, foreign or domestic, for any lawful purpose.
Página 98 - States, shall (except to the extent permitted by rules and regulations prescribed by the Comptroller of the Currency, with the approval of the Secretary of the Treasury) be subject under this section to a limitation of 15 per centum of such capital and surplus in addition to such 10 per centum of such capital and surplus.
Página 514 - ... auctioneer, to transact the business, in such a case, the principal agent will not ordinarily be responsible for the negligence or misconduct of the sub-agent, if he has used reasonable diligence in his choice as to the skill and ability of the sub-agent. But, indisputable as is this principle, it has no relevancy to an agency like the present. The cashier of a bank, while carrying into execution...
Página 98 - ... who shall have power to make a thorough examination into all the affairs of the association, and, in doing so, to examine any of the officers and agents thereof on oath ; and shall make a full and detailed report of the condition of the association to the Comptroller.
Página 333 - ... could they vote on questions where they were interested. On all applications for loans above $500, a majority vote of five-sevenths of the board was necessary, and this must be entered on the minutes with the names of the directors so voting. Directors were individually liable for losses resulting from infraction of the law, unless they had voted against the same and caused their votes to be -entered on the minutes, and had notified the Governor of the State of such infraction forthwith, ami...
Página 285 - A person violating any provisions of this section shall forfeit to the people of the state the sum of five dollars for each such violation.
Página 527 - ... for the frauds, deceits, concealments, misrepresentations, torts, negligences, and other malfeasances, or misfeasances, and omissions of duty, of his agent in the course of his employment, although the principal did not authorize, or justify, or participate in, or indeed know of such misconduct, or even if he forbade the acts or disapproved of them.
Página 188 - that it has become absolutely necessary that a consistent, straightforward, and deliberately-planned monetary system shall be inaugurated, the fundamental basis of which should be : first, that the present gold standard should be maintained ; second, that steps should be taken to insure the ultimate retirement of all classes of United States notes by a gradual...