Acceptances, Their Importance as a Means of Increasing and Simplifying Domestic and Foreign Trade: With a Digest of the Amendments to the Federal Reserve Act, Regulations of the Federal Reserve Board, the United States Warehouse Act, the Edge Export Finance Act, and the Federal Bill of Lading Act1921 - 108 páginas |
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Página 25
... statement of his assets and liabilities . That is all the pro- tection a bank has in such a case . It is but natural ... statements of their condition to sell their promissory notes to the public through brokers in commercial paper ...
... statement of his assets and liabilities . That is all the pro- tection a bank has in such a case . It is but natural ... statements of their condition to sell their promissory notes to the public through brokers in commercial paper ...
Página 26
... statements only once a year and , naturally , at the period when their business is in the most favorable financial condition . It is , of course , very difficult to ascertain exactly the volume of paper a certain maker may have ...
... statements only once a year and , naturally , at the period when their business is in the most favorable financial condition . It is , of course , very difficult to ascertain exactly the volume of paper a certain maker may have ...
Página 29
... statement , which in- cludes accounts receivable of whose nature the banker knows nothing , unless the merchant has gone so far - which is unusual— as to have his business thoroughly examined and audited by a certified public accountant ...
... statement , which in- cludes accounts receivable of whose nature the banker knows nothing , unless the merchant has gone so far - which is unusual— as to have his business thoroughly examined and audited by a certified public accountant ...
Página 60
... statement of the financial condition of the acceptor in form to be approved by the Federal Reserve Board . " Federal reserve banks should bear in mind that preference should be given wherever possible to acceptances indorsed by a member ...
... statement of the financial condition of the acceptor in form to be approved by the Federal Reserve Board . " Federal reserve banks should bear in mind that preference should be given wherever possible to acceptances indorsed by a member ...
Página 63
... statements concerning the condition and standing of the drawer of the paper , and , if possible , also of the acceptor of the bill , sufficient to satisfy the bank as to the nature and quality of the paper to be purchased . " ( b ) No ...
... statements concerning the condition and standing of the drawer of the paper , and , if possible , also of the acceptor of the bill , sufficient to satisfy the bank as to the nature and quality of the paper to be purchased . " ( b ) No ...
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Términos y frases comunes
acceptor aggregate agricultural products amended AMERICAN EXCHANGE NATIONAL amount approval bank or trust banks or bankers bills of exchange bills of lading borrower buyer capital and surplus capital stock carrier cash discounts cent centum certificate collateral commercial paper Corporation days of grace delivery dependencies or insular domestic drafts or bills drawer eligible for purchase eligible for rediscount exceed exchange drawn EXCHANGE NATIONAL BANK exclusive of days Federal Reserve Act Federal reserve bank Federal Reserve Board financing firm foreign countries importation or exportation indorsement insular possessions investment issued liabilities maturity member bank merchandise negotiable obligations order bill organization certificate payable permitted person promissory note purpose REDISCOUNTS UNDER SECTION Reichsbank Section 13 Section 25 seller Series of 1920 shipment shipping documents single-name paper specified Superseding Regulation thereof tion trade acceptance transactions involving transfer trust company unimpaired capital Warehouse Act warehouse receipts warehouseman wool York
Pasajes populares
Página 92 - The amount of its capital stock and the number of shares into which the same shall be divided.
Página 9 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Página 79 - States as may be incidental to or for the purpose of carrying out transactions in foreign countries or dependencies or insular possessions of the United States...
Página 39 - 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 70 - ... (8) Obligations of any person, copartnership, association, or corporation in the form of notes secured by not less than a like amount of bonds or notes of the United States...
Página 42 - Any member bank may accept drafts or bills of exchange drawn upon it having not more than six months...
Página 71 - 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 106 - That an order bill may be negotiated by delivery where, by the terms of the bill, the carrier undertakes to deliver the goods to the order of a specified person, and such person or a subsequent Indorsee of the bill has indorsed It in blank.
Página 40 - Notes, drafts and bills admitted to discount under the terms of this paragraph must have a maturity at the time of discount of not more than ninety days...
Página 40 - The aggregate of notes, drafts, and bills bearing the signature or indorsement of any one borrower, whether a person, company, firm, or corporation rediscounted for any one...