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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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Acceptances

Guaranty Trust Company of New York - 1917 - 36 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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Money and Investments: A Reference Book for the Use of Those Desiring ...

Montgomery Rollins - 1917 - 528 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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The Theory and History of Banking

Charles Franklin Dunbar - 1917 - 324 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 - 538 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 - 714 halaman
...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 - 408 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 - 452 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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The Law, Rules and Regulations Governing Acceptances, Rediscounts, Open ...

National Bank of Commerce in New York - 1917 - 72 halaman
...warehouse, terminal, or other similar receipt conveying security title. 4. Trade acceptances must be issued or drawn for agricultural, industrial, or commercial purposes or the proceeds must have been used or are to be used for the purpose of producing, purchasing, carrying or marketing...
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Acceptance Primer

Foreign Trade Banking Corporation, New York - 1918 - 36 halaman
...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, purchasing, carrying, or marketing goods in one or...
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Annual Report, Volume 4

Board of Governors of the Federal Reserve System (U.S.) - 1918 - 724 halaman
...an actual commercial transaction, domestic or foreign ; that is, it must be а bill wbich 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, purchasing, carrying, or marketing goods in one or...
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