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" 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,... "
A History of Modern Banks of Issue - Halaman 731
oleh Charles Arthur Conant - 1915 - 783 halaman
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Commercial Paper: A Text Book for Merchants, Bankers and Investors

Roger Ward Babson, Ralph May - 1916 - 298 halaman
...wares, or merchandise from being eligible for such discount; but such definition shall not include notes, drafts, or bills covering merely investments...and notes of the Government of the United States. Notes, drafts and bills admitted to discount under the terms of this paragraph must have a maturity...
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Lessons in Business: A Complete Compendium of how to Do Business by the ...

Edward Thomas Roe - 1916 - 518 halaman
...wares, or merchandise, from being eligible for such discount; but such definition shall not include notes, drafts, or bills covering merely Investments...and notes of the Government of the United States. Notes, drafts and bills admitted to discount under the terms of this paragraph must have a maturity...
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McKinney's Consolidated Laws of New York Annotated: With Annotations ..., Buku 4

New York (State) - 1916 - 526 halaman
...wares, or merchandise from being eligible for such discount; but such definition shall not include notes, drafts, or bills covering merely investments...and notes of the Government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity...
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Addresses on Government and Citizenship

Elihu Root - 1916 - 574 halaman
...definition shall not include notes, drafts, or bills covering merely investments or issued or]drawn for the purpose of carrying or trading in stocks,...and notes of the Government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity...
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Federal Reserve Bulletin

1916 - 850 halaman
...banking, and specifically excludes from purchase or discount ' ' notes, drafts, or bills covering purely investments, or issued or drawn for the purpose of...bonds, or other investment securities, except bonds or notes of the Government of the United States." The Act does not permit member banks to accept drafts...
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Principles of Banking: A Series of Selected Materials

1916 - 832 halaman
...proceeds of which have been or are to be used for such purposes. d) It must not have been issued for carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States; but the pledge of goods as security for a bill is not prohibited. III. CHARACTER OF PAPER ELIGIBLE...
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Principles of Money and Banking: A Series of Selected Materials

Harold Glenn Moulton - 1916 - 830 halaman
...proceeds of which have been or are to be used for such purposes. i/) It must not have been issued for carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States; but the pledge of goods as security for a bill is not prohibited. III. CHARACTER OF PAPER ELIGIBLE...
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Rural Credits: Hearings Before the Subcommittee of the Joint Committee on ...

United States. Congress. Joint Committee on Rural Credits - 1916 - 234 halaman
...proceeds of which have been or are to be used for such purposes. (d) It must not have been issued for carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States; but the pledge of goods as security for a bill is not prohibited. II. CHARACTER OF PAPER ELIGIRLE....
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Outlines of Economics

Richard Theodore Ely, Thomas Sewall Adams, Max Otto Lorenz, Allyn Abbott Young - 1916 - 812 halaman
...Reserve Board. The privilege of rediscount is not extended to notes and bills of exchange issued " for the purpose of carrying or trading in stocks,...investment securities, except bonds and notes of the United States." The purpose of this restriction is not only to prevent the resources of the federal...
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Acceptances: Their Importance as a Means of Increasing and Simplifying ...

American Exchange National Bank (New York, N.Y.), American Exchange National Bank, New York - 1916 - 52 halaman
...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 on or trading in stocks, bonds, or other investment securities, except bonds and notes of the Government...
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