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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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Rural Credits: Hearings Before the Subcommittee of the Joint Committee on ...

United States. Congress. Joint Committee on Rural Credits - 1916 - 217 halaman
...1915. (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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Principles of Money and Banking: A Series of Selected Materials

Harold Glenn Moulton - 1916 - 785 halaman
...1915. 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. i/) It must not have been issued for carrying or trading in stocks,...
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Principles of Banking: A Series of Selected Materials

1916 - 500 halaman
...1915. 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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Money and Investments: A Reference Book for Use of Those Desiring ...

Montgomery Rollins - 1917 - 494 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 Fed. Res. Board to have the right to determine or define...
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Acceptances

Guaranty Trust Company of New York - 1917 - 29 halaman
...of an actual commercial transaction, domestic or foreign; that is, it must be a bill which has been issued or drawn for agricultural, industrial or commercial purposes or the proceeds of which have been used or are to be used for the purpose of producing, carrying or marketing goods in one or more of the steps...
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The Theory and History of Banking

Charles Franklin Dunbar - 1917 - 297 halaman
...fifteen days. Commercial loans are generally defined in the act as "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 act also provides that six months' maturities of paper drawn...
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Money and Banking

John Thom Holdsworth - 1917 - 439 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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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - 1917
...exchange arising out of actual commercial transactions; that is, notes, drafts, and bills ol 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 Keeerve Board to Bank. Fives. Tens. Twenties. Fifties....
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Credits and Collections

Richard Prentice Ettinger, David Edwin Golieb - 1917 - 390 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 Hsed, or are to be used, for such purposes — the Federal Reserve Board to have the right tp determine...
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Paine's Analysis of the Federal Reserve Act and Cognate Statutes: Including ...

Willis Seaver Paine - 1917 - 416 halaman
...1915. (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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