Commercial Paper: A Text Book for Merchants, Bankers and InvestorsBabson institute, incorporated, 1920 - 317 páginas |
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Página 27
... France , etc. , " on the interview with the Governor and Directors of the Bank of England , we find the following questions and answers : - Q. Can you state approximately the average length of time and the average size of bills dis ...
... France , etc. , " on the interview with the Governor and Directors of the Bank of England , we find the following questions and answers : - Q. Can you state approximately the average length of time and the average size of bills dis ...
Página 39
... the proceeds of the notes they discount into those operations which are practically sure to arrive at maturity before the note comes due . France . INTERVIEW WITH THE GOVERNOR OF THE BANK OF THE SERVICE OF COMMERCIAL PAPER 39.
... the proceeds of the notes they discount into those operations which are practically sure to arrive at maturity before the note comes due . France . INTERVIEW WITH THE GOVERNOR OF THE BANK OF THE SERVICE OF COMMERCIAL PAPER 39.
Página 40
... France . INTERVIEW WITH THE GOVERNOR OF THE BANK OF FRANCE . Q. What classes of bills are discounted by the Bank of France ? A. The Bank of France discounts for everyone who has obtained the opening of a current account , bills of ...
... France . INTERVIEW WITH THE GOVERNOR OF THE BANK OF FRANCE . Q. What classes of bills are discounted by the Bank of France ? A. The Bank of France discounts for everyone who has obtained the opening of a current account , bills of ...
Página 41
... France may discount paper in as small denominations as 5 francs ; also that the Bank of France has a monopoly of the issue of notes which may be legal tender . Those notes are se- cured by the bills discounted , as shall appear in the ...
... France may discount paper in as small denominations as 5 francs ; also that the Bank of France has a monopoly of the issue of notes which may be legal tender . Those notes are se- cured by the bills discounted , as shall appear in the ...
Página 42
... France rediscount bills for the other banks in France ? A. The Bank of France rediscounts all bills when the person presenting the bill is admitted to discount and when the bills have the necessary three signatures , have less than ...
... France rediscount bills for the other banks in France ? A. The Bank of France rediscounts all bills when the person presenting the bill is admitted to discount and when the bills have the necessary three signatures , have less than ...
Otras ediciones - Ver todas
Commercial Paper: A Text Book for Merchants, Bankers and Investors (Classic ... Roger Ward Babson Sin vista previa disponible - 2017 |
Commercial Paper: A Text Book for Merchants, Bankers and Investors Roger Ward Babson Sin vista previa disponible - 2012 |
Términos y frases comunes
accounts payable accounts receivable amount asset currency available wealth Babson Bank of England Bank of France bankers bills discounted bills of exchange bonds business conditions buyer cash central reserve centum chandise charges collateral loans commercial paper Compositplot considerable corporation customers debt demand depositors deposits drafts or bills earnings eligible for discount endorse Equal Reaction factors Federal Reserve Act Federal reserve bank Federal Reserve Board Federal reserve notes firm fixed assets form of borrowing funds gold interest rates investments Law of Equal lend lender liabilities liquid margin of safety maturity medium of finance member bank merchandise mercial paper mortgage national banks note broker note issue panic period prime bills profit proper purchase quick assets railroad rediscount Reichsbank salable secured sell single name paper six months statement tion Trade acceptances transactions United usually
Pasajes populares
Página 117 - 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 113 - 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 256 - 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 263 - Any Federal reserve bank may receive from any of its member banks, and from the United States, deposits of current funds in lawful money, national-bank notes, Federal reserve notes, or checks, and drafts, payable upon presentation, and also, for collection, maturing notes and bills...
Página 266 - Any member bank may accept drafts or bills of exchange drawn upon it having not more than six months...
Página 269 - Federal reserve notes, to be issued at the discretion of the Federal Reserve Board for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are hereby authorized.
Página 265 - 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 267 - Any Federal reserve bank may, under rules and regulations prescribed by the Federal Reserve 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...
Página 269 - Federal reserve notes may, upon the direction of the Secretary of the Treasury, be deposited in Federal reserve banks, which banks, when required by the Secretary of the Treasury, shall act as fiscal agents of the United States;1 and the revenues of the Government or any part thereof may be deposited in such banks, and disbursements may be made by checks drawn against such deposits.
Página 256 - The act merely provided that 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...