Principles of Banking: A Series of Selected Materials |
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Otras ediciones - Ver todas
Principles of Banking: A Series of Selected Materials Harold Glenn Moulton Sin vista previa disponible - 2015 |
Términos y frases comunes
actual Adapted amount bank basis bills bimetallism bonds borrower bullion called capital cash cause cent certificates circulation coinage coins commodities Congress continued contract currency debts demand deposit developed dollar economic effect exchange fact fall funds give given gold greenbacks hand important increase individual industry interest investment issue Italy labor less limited loans materials means measure medium metals millions monetary months nature necessary never notes obligations operations paid paper money party passed payment period person pieces practice present principles production purchase quantity question raised ratio reason received representative reserve result rise secure sell Senate silver silver dollar specie standard supply tender tion trade transactions Treasury United usually various weight whole
Pasajes populares
Página 205 - Such as shall be conveyed to it in satisfaction of debts previously contracted in the course of its dealings.
Página 278 - July 14, 1890, are legal tender for all debts, public and private, except where otherwise expressly stipulated in the contract. United States notes or "greenbacks" are legal tender for all debts, public and private, except duties on imports and interest on the public debt.
Página 205 - Loans (Sec. 5200). —The total liabilities to any association, of any person, or of any company, corporation, or firm for money borrowed, including in the liabilities of a company or firm the liabilities of the several members thereof, shall at no time exceed onetenth part of the amount of the capital stock of such association actually paid in.
Página 258 - An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.
Página 306 - Any member bank may accept drafts or bills of exchange drawn upon it and growing out of transactions involving the importation or exportation of goods having not more than six months...
Página 457 - Federal reserve 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...
Página 205 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Página 290 - Upon the indorsement of any of its member banks, which shall be deemed a waiver of demand, notice and protest by such bank as to its own indorsement exclusively, any Federal reserve bank may discount notes, drafts, and bills of exchange arising out of actual commercial transactions...
Página 205 - No association shall make any loan or discount on the security of the shares of its own capital stock, nor be the purchaser or holder of any such shares, unless such security or purchase shall be necessary to prevent loss upon a debt previously contracted in good faith...
Página 415 - ... shall be exempt from all taxes or duties of the United States, as well as from taxation in any form by or under State, municipal, or local authority...