Annual Report - Board of Governors of the Federal Reserve System, Volúmenes1-2Board of Governors of the Federal Reserve System., 1915 |
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Página 5
... Reserve Banks and for readjusting the reserves of the member banks in accordance with the new requirements established therein . The work of the Board may therefore be divided for 5 Text of report 5-23 Letter of transmittal.
... Reserve Banks and for readjusting the reserves of the member banks in accordance with the new requirements established therein . The work of the Board may therefore be divided for 5 Text of report 5-23 Letter of transmittal.
Página 8
... established was the more to their credit in that in not a few cases it was necessary for them to incur substantial financial sacrifice because of the unfavorable conditions under which they were obliged to dis- pose of their holdings of ...
... established was the more to their credit in that in not a few cases it was necessary for them to incur substantial financial sacrifice because of the unfavorable conditions under which they were obliged to dis- pose of their holdings of ...
Página 10
... established , the question of a discount policy immediately became urgent . The board had been ap- pealed to by the authorized representatives of the several Fed- eral Reserve Banks for some 10 days prior to the official date set for ...
... established , the question of a discount policy immediately became urgent . The board had been ap- pealed to by the authorized representatives of the several Fed- eral Reserve Banks for some 10 days prior to the official date set for ...
Página 16
... established by Congress would not , for several months approximate the rate of discount which probably would be charged by Federal Reserve Banks . With the organization of the Federal Reserve Banks the pressure for note accommodation ...
... established by Congress would not , for several months approximate the rate of discount which probably would be charged by Federal Reserve Banks . With the organization of the Federal Reserve Banks the pressure for note accommodation ...
Página 19
... established practices and arrangements and depending for its success , in a large degree , upon the harmonious cooperation of the several banks involved . It was the general opinion of the directors of the several Federal Reserve Banks ...
... established practices and arrangements and depending for its success , in a large degree , upon the harmonious cooperation of the several banks involved . It was the general opinion of the directors of the several Federal Reserve Banks ...
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Annual Report, Volumen13 Board of Governors of the Federal Reserve System (U.S.) Vista completa - 1927 |
Términos y frases comunes
acceptances aggregate amount appoint approved Atlanta balances bank's bankers board of directors Boston branch branch banks by-laws capital and surplus capital stock cash cashier cent central reserve chairman charge checks Chicago clearing house collateral collection commercial paper Comptroller currency Dallas debit December 31 deposits Deputy Federal Reserve deputy governor discount drafts duties earnings eligible established examination executive committee expenses Federal reserve act Federal Reserve Agent Federal reserve bank Federal Reserve Board Federal Reserve notes Federal reserve system filed foreign Form FX indorsement investments issued Kansas City ledger liability loans Louis maturity meeting member banks months National Bank November November 16 officers open market operations organization committee payable payment Philadelphia purchased rates receipt received record rediscount regional bank regulations reserve cities Secretary securities Slip statement tion Total transactions transfer Treasury trust companies vault Washington York
Pasajes populares
Página 149 - Federal reserve 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 57 - 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 42 - That if any clause, sentence, paragraph, or part of this Act shall for any reason be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act, but shall be confined in its operation to the clause, sentence, paragraph, or part thereof directly involved in the controversy in which such judgment shall have been rendered.
Página 40 - 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 40 - Any bank officer, director, or employee violating this provision shall be deemed guilty of a misdemeanor and shall be imprisoned not exceeding one year or fined not more than $5,000, or both; and may be fined a further sum equal to the money so loaned or gratuity given.
Página 39 - The examiner making the examination of any national bank, or of any other member bank, shall have power to make a thorough examination of all the affairs of the bank and in doing so he shall have power to administer oaths and to examine any of the officers and agents thereof under oath and shall make a full and detailed report of the condition of said bank to the Comptroller of the Currency.
Página 28 - Should a Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts, dividend requirements as hereinbefore provided, and the par value of the stock, shall be paid to and become the property of the United States and shall be similarly applied. Federal reserve banks, including the capital stock and surplus therein, and the income derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate.
Página 36 - ... discretion of the Secretary for the purposes of this act, and should the appropriations heretofore made be insufficient to meet the requirements of this act in addition to circulating notes provided for by existing law, the Secretary is hereby authorized to use so much of any funds in the Treasury not otherwise appropriated for the purpose of furnishing the notes aforesaid : Provided, however, That nothing in this section contained shall be construed as exempting national banks or Federal reserve...
Página 32 - ... 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, the Federal Reserve Board to have the right to determine or define the character of the paper thus eligible for discount, within the meaning of this Act.
Página 29 - ... and employees, shall have the same powers and privileges, and shall be subject to the same duties, liabilities, and regulations, in all respects, as shall have been prescribed by this section for corporations originally organized hereunder.