Bank AcceptancesU.S. Government Printing Office, 1910 - 20 páginas |
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... 2d Session SENATE Ecow 4899.1.65 DOCUMENT No. 569 NATIONAL MONETARY COMMISSION Bank Acceptances By LAWRENCE MERTON JACOBS Washington : Government Printing Office : 1910 2d Session United States No. 569 --NATIONAL MONETARY COMMISSION (
... 2d Session SENATE Ecow 4899.1.65 DOCUMENT No. 569 NATIONAL MONETARY COMMISSION Bank Acceptances By LAWRENCE MERTON JACOBS Washington : Government Printing Office : 1910 2d Session United States No. 569 --NATIONAL MONETARY COMMISSION (
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Lawrence Merton Jacob. 2d Session United States No. 569 --NATIONAL MONETARY COMMISSION ( 1910 ) Bank Acceptances By LAWRENCE MERTON JACOBS Washington : Government Printing Office : 1910 Econ 4899,1.65 HARVARD SEP 8 1910 CAMBRIDGE , MASS Hon ...
Lawrence Merton Jacob. 2d Session United States No. 569 --NATIONAL MONETARY COMMISSION ( 1910 ) Bank Acceptances By LAWRENCE MERTON JACOBS Washington : Government Printing Office : 1910 Econ 4899,1.65 HARVARD SEP 8 1910 CAMBRIDGE , MASS Hon ...
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... United States the national bank act does not permit banks to accept time bills drawn on them . Although the act does not specifically prohibit such acceptances , the courts have decided that national banks have no power to make them ...
... United States the national bank act does not permit banks to accept time bills drawn on them . Although the act does not specifically prohibit such acceptances , the courts have decided that national banks have no power to make them ...
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... in character of the one rate over the other clearly indicates an important advantage of European banking systems over our own . In the first низ place , the European discount rate bears a very direct 5 Bank Acceptances in United States.
... in character of the one rate over the other clearly indicates an important advantage of European banking systems over our own . In the first низ place , the European discount rate bears a very direct 5 Bank Acceptances in United States.
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... in these cities differ in size and that there is not in each an equally free market for gold . For example , the Paris discount 61ST CONGRESS 2d Session } United States SENATE { DOCUMENT 7 Bank Acceptances in United States.
... in these cities differ in size and that there is not in each an equally free market for gold . For example , the Paris discount 61ST CONGRESS 2d Session } United States SENATE { DOCUMENT 7 Bank Acceptances in United States.
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234 per cent 61ST CONGRESS accept time bills Acceptances By LAWRENCE accepted by prime accepting bank Aldrich balance of indebtedness bank deposits Bank of England bank to accept bank-accepted bills banking system banks and bankers banks are forced bills drawn bills in London bills of exchange call rate central bank commercial paper competition country bank day-to-day loans desire to realize development of banking difference between European discount rate rises English bank EUGENE HALE European discount rate financial centers fluctuations Foreign discount rates funds to London Government HERNANDO D investment in sterling LAWRENCE MERTON JACOBS London bank London for investment London in settlement ment MERTON JACOBS Washington national bank act NATIONAL MONETARY COMMISSION NELSON W Paris discount rate permit bank acceptances PIATT ANDREW pounds sterling prohibition of bank promissory notes purchases rediscount reserve shipper speculation sterling bills supply of bills tion transaction uniformity of security York banks York call-loan rate
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Página 9 - is, a rate which fluctuates with the value of money and normally leaves a certain margin of profit to the London bank. The same practice is followed in all the great financial centers of Europe. With us, country banks receive a fixed rate of interest for their deposits, usually 2 per cent, the year
Página 7 - the rating of the mercantile agencies, or the opinion of some correspondent bank. It means, furthermore, the tying up of the bank's funds for a fixed period. If national banks were permitted to accept time bills the country bank could then invest its funds in paper bearing the guaranty of some great bank with whose standing it
Página 1 - not suitable. Foreign banks will not purchase it because they are not ,/^*' acquainted with or sure of the rating of miscellaneous mercantile establishments and because such paper could not be readily disposed of in case it became necessary or profitable to withdraw funds from New York for remittance elsewhere.