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 13
... paid at maturity , although it was paid later ; and one of $ 10,000 on which there was a loss of $ 2,000 . The benefits to be derived from an elastic currency have been so often and so well set forth that they need no recapitulation ...
... paid at maturity , although it was paid later ; and one of $ 10,000 on which there was a loss of $ 2,000 . The benefits to be derived from an elastic currency have been so often and so well set forth that they need no recapitulation ...
Página 26
... paid in of $ 1,000,000 . The bank is able to secure 100 depositors , each of whom has 100,000 , making a total of $ 10,000 , - ooo on deposit account . It loans to 90 individual manufacturers of cigars the sum of $ 100,000 each for use ...
... paid in of $ 1,000,000 . The bank is able to secure 100 depositors , each of whom has 100,000 , making a total of $ 10,000 , - ooo on deposit account . It loans to 90 individual manufacturers of cigars the sum of $ 100,000 each for use ...
Página 27
... paid off . On paying off these loans the syndicate will have $ 10,000,000 bonds of the new company . Inasmuch as the bank is going to be paid its $ 9,000,000 of commercial borrowings , it has $ 9,000,000 to loan the syndicate , and ...
... paid off . On paying off these loans the syndicate will have $ 10,000,000 bonds of the new company . Inasmuch as the bank is going to be paid its $ 9,000,000 of commercial borrowings , it has $ 9,000,000 to loan the syndicate , and ...
Página 28
... paid but $ 9,000,000 there- for , it has a profit of $ 1,000,000 . If the transaction were closed at this point , the $ 9,000,000 loaned would disappear and the original $ 10,000,000 deposited would disappear , and there would be left ...
... paid but $ 9,000,000 there- for , it has a profit of $ 1,000,000 . If the transaction were closed at this point , the $ 9,000,000 loaned would disappear and the original $ 10,000,000 deposited would disappear , and there would be left ...
Página 31
... paid - up capital and surplus . I have omitted to take any account of the matter of interest , so as not unnecessarily to complicate the figures , and it is only a matter of detail anyhow . Observe what has occurred . Ninety separate ...
... paid - up capital and surplus . I have omitted to take any account of the matter of interest , so as not unnecessarily to complicate the figures , and it is only a matter of detail anyhow . Observe what has occurred . Ninety separate ...
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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...