Bank AcceptancesU.S. Government Printing Office, 1910 - 20 páginas |
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Página 8
... able not only to convert it into gold , but to withdraw the gold , whereas artificial restrictions are sometimes placed on the withdrawal of gold from Germany . In consequence , apart from any consideration as to relative size of the ...
... able not only to convert it into gold , but to withdraw the gold , whereas artificial restrictions are sometimes placed on the withdrawal of gold from Germany . In consequence , apart from any consideration as to relative size of the ...
Página 8
... able not only to convert it into gold , but to withdraw the gold , whereas artificial restrictions are sometimes placed on the withdrawal of gold from Germany . In consequence , apart from any consideration as to relative size of the ...
... able not only to convert it into gold , but to withdraw the gold , whereas artificial restrictions are sometimes placed on the withdrawal of gold from Germany . In consequence , apart from any consideration as to relative size of the ...
Página 9
... able to arrange their own credits abroad , our merchants and manufac- turers are not benefited by low foreign discount rates , 85518-10- -2 9 ク except in so far as note brokers , who make Bank Acceptances in United States.
... able to arrange their own credits abroad , our merchants and manufac- turers are not benefited by low foreign discount rates , 85518-10- -2 9 ク except in so far as note brokers , who make Bank Acceptances in United States.
Página 10
... able to finance their purchases . What is more , they receive relatively little advantage from an accumu- lation of funds in New York banks . Low call loan rates have an indirect rather than a direct effect on the rate which the ...
... able to finance their purchases . What is more , they receive relatively little advantage from an accumu- lation of funds in New York banks . Low call loan rates have an indirect rather than a direct effect on the rate which the ...
Página 12
... able to dispose of his bills on London and thus receive immediate payment for his goods . The local bank which buys the bills sends them with the documents to its London correspondent , which presents the bills to the bank on which they ...
... able to dispose of his bills on London and thus receive immediate payment for his goods . The local bank which buys the bills sends them with the documents to its London correspondent , which presents the bills to the bank on which they ...
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Términos y frases comunes
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
Pasajes populares
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.