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" 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... "
Agricultural inquiry - Halaman 341
1922
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The Practical Work of a Bank: A Treatise on Practical Banking which Aims to ...

William Henry Kniffin - 1915 - 621 halaman
...offering it for rediscount ; that the indorser bank waive demand notice and protest ; that such paper be issued or drawn for agricultural, industrial or commercial purposes or the proceeds of which have been so used; that if in the form of acceptances they must be based on transactions involving the importation...
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Personal Rural Credits: Hearings, Sixty-fourth Congress, First Session

United States. Congress. Joint Committee on Rural Credits - 1915 - 194 halaman
...1015. (c) It must have arisen out of actual commercial transactions: that is, be a bill which has been issued or drawn for agricultural, industrial, or commercial purposes, or the 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,...
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Index-digest of the Federal Reserve Act and Amendments ...

Board of Governors of the Federal Reserve System (U.S.) - 1915 - 656 halaman
...drafts, and bills arising out of actual commercial transactions— thatis, notes, etc. — issued, etc., for agricultural, industrial, or commercial purposes, or the proceeds of which have been, or are to be, for such purposes. 16:1. 27: p. 19. Any distinctive paper on hand at the passage of...
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Index-digest of the Federal Reserve Act and Amendments: The Act of December ...

Board of Governors of the Federal Reserve System (U.S.) - 1915 - 490 halaman
...and bills arising out of actual commercial transactions — that is, notes, etc. — issued, etc., for agricultural, industrial, or commercial purposes, or the proceeds of which have been, or are to be, for such purposes. 16:1. 27: p. 19. Any distinctive paper on hand at the passage of...
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Readings in Money and Banking

Chester Arthur Phillips - 1916 - 845 halaman
...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 is authorized to define more precisely...
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Commercial Paper: A Text Book for Merchants, Bankers and Investors

Roger Ward Babson, Ralph May - 1916 - 286 halaman
...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...
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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 - 48 halaman
...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...
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Amendments to the Federal Reserve Act: Hearings Before ..., March 22, May 9 ...

United States. Congress. Senate. Banking and Currency Committee - 1916 - 94 halaman
...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 Hoard to have the right to determine or define...
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Federal Reserve Bulletin

1916
...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 Heserve Board to have the right to determine or define...
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Loans and Investments

1916 - 304 halaman
...and bills of exchange rising out of actual 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 was authorized to define more precisely...
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