Banking and Currency: Hearings Before the Committee on Banking and Currency, United States Senate, Sixty-third Congress, First Session, on H.R. 7837 (S. 2639) ... In Three Volumes, Parte1U.S. Government Printing Office, 1913 |
Dentro del libro
Resultados 1-5 de 100
Página 14
... carry to a special reserve account on its books gold or lawful money equal in amount to thirty - three and one - third per centum of the reserve notes so paid out by it , such reserve to be used for the redemption of said reserve notes ...
... carry to a special reserve account on its books gold or lawful money equal in amount to thirty - three and one - third per centum of the reserve notes so paid out by it , such reserve to be used for the redemption of said reserve notes ...
Página 15
... carry to a special reserve account on its books gold equal in amount to 40 per centum of the Federal reserve bank notes so paid out by it , such reserve to be used for the redemption of said Federal re- serve bank notes ; but any ...
... carry to a special reserve account on its books gold equal in amount to 40 per centum of the Federal reserve bank notes so paid out by it , such reserve to be used for the redemption of said Federal re- serve bank notes ; but any ...
Página 88
... carried , that you are down to 23 per cent , and maybe the next day down to 22 per cent , and the next 21 per cent ... carry all of their reserve in cash in their vaults . Senator NELSON . They are supposed to . Senator REED . They do ...
... carried , that you are down to 23 per cent , and maybe the next day down to 22 per cent , and the next 21 per cent ... carry all of their reserve in cash in their vaults . Senator NELSON . They are supposed to . Senator REED . They do ...
Página 89
... carry one - half of our reserve in cash , and the other half we may carry with these three reserve cities . In the operation of our business it is necessary for us to carry a certain amount of money in these cities , whether we wanted ...
... carry one - half of our reserve in cash , and the other half we may carry with these three reserve cities . In the operation of our business it is necessary for us to carry a certain amount of money in these cities , whether we wanted ...
Página 91
... carry 25 per cent reserve , of which one - half must be in cash and the other half they may keep in any one or in ... carry deposits of $ 3,400,000,000 , or nearly twice as much as the two others combined . They are required to carry 15 ...
... carry 25 per cent reserve , of which one - half must be in cash and the other half they may keep in any one or in ... carry deposits of $ 3,400,000,000 , or nearly twice as much as the two others combined . They are required to carry 15 ...
Otras ediciones - Ver todas
Términos y frases comunes
50 per cent amount assets bank notes Bank of England bankers banking system believe BERRY bill borrow capital cash central bank central reserve cities CHAIRMAN circulation coin commercial paper committee Comptroller country banks currency demand depositors deposits discount dollars exchange fact Federal reserve bank Federal reserve board FLANNAGAN FORGAN FRAME funds give gold certificates gold reserve Government increase institution investment lawful money legal tender legal-tender liabilities loans MADDOX MARSHALL mean member bank ment millions national banks national-bank notes note issue panic present president Prof question reason redeemable redemption rediscount regional bank regional reserve bank reserve city banks reserve money REYNOLDS Senator BRISTOW Senator CRAWFORD Senator HITCHCOCK Senator NELSON Senator POMERENE Senator REED Senator SHAFROTH Senator WEEKS silver SPRAGUE Suppose thing tion trust companies United vaults WADE WEXLER York
Pasajes populares
Página 16 - The shareholders of every national banking association shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Página 773 - Act contained shall be construed to prohibit such notes, drafts and bills of exchange, secured by staple agricultural products, or other goods, wares, or merchandise from being eligible for such discount; but such definition shall not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds or other investment securities, except bonds and notes of the Government of the United States.
Página 317 - An Act to define and fix the standard of value, to maintain the parity of all forms of money issued or coined by the United States, to refund the public debt, and for other purposes...
Página 11 - 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 836 - States and having an unimpaired capital sufficient to entitle it to become a national banking association under the provisions...
Página 6 - Any compensation that may be provided by boards of directors of Federal reserve banks for directors, officers or employees shall be subject to the approval of the Federal Reserve Board.
Página 12 - Any Federal reserve bank may make application to the local Federal reserve agent for such amount of the Federal reserve notes hereinbefore provided for as it may require. Such application shall be accompanied with a tender to the local Federal reserve agent of collateral in amount equal to the sum of the Federal reserve notes thus applied for and issued pursuant to such application.
Página 4 - As soon as practicable, the Secretary of the Treasury, the Secretary of Agriculture and the Comptroller of the Currency, acting as "The Reserve Bank Organization Committee," shall designate not less than eight nor more than twelve cities to be known as Federal reserve cities, and shall divide the continental United States, excluding Alaska, into districts, each district to contain only one of such Federal reserve cities.
Página 11 - Board, purchase and sell in the open market, at home or abroad, either from or to domestic or foreign banks, firms, corporations, or individuals, cable transfers and bankers' acceptances and bills of exchange of the kinds and maturities by this Act made eligible for rediscount, with or without the indorsement of a member bank.