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" ... notes, drafts, and bills of exchange of factors issued as such making advances exclusively to producers of staple agricultural products in their raw state shall be eligible for such discount: but such definition shall not include notes, drafts, or... "
Compilation of Basic Banking Laws: Revised Through May 1, 1995 - 797. lappuse
autors: United States, United States. Congress. House. Committee on Banking and Financial Services - 1995 - 1243 lapas
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Outlines of Economics

Richard Theodore Ely - 1893 - 826 lapas
...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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American Legal News, 31. sējums

1920 - 584 lapas
...provided that such definition shall not include notes or drafts covering merely investments or issued for the purpose of carrying or trading in stocks,...and notes of the Government of the United States. The Federal reserve banks are also permitted to discount domestic or foreign acceptances involving...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 lapas
...is made clear by the provisions of section 13 of the act, and especially by the clause excluding " notes, drafts or bills covering merely investments,...and notes of the Government of the United States." It is unnecessary, therefore, to attempt to define commercial paper in its broadest sense. A fundamental...
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Political Economy: Designed for Use in Catholic Colleges, High Schools and ...

Edmund J. Burke - 1913 - 502 lapas
...transactions (NOTE. — A federal reserve bank may not discount notes, drafts, or bills of exchange issued or drawn for the purpose of carrying or trading...and notes of the government of the United States) ; (3) To discount acceptances based on the importation or exportation of goods ; (4) To purchase and...
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Pending Banking Legislation: Letters by Officers of the National City Bank ...

First National City Bank of New York - 1913 - 88 lapas
...for discount, within the meaning of this Act; but such definition shall not include notes or bills issued or drawn for the purpose of carrying or trading...stocks, bonds, or other investment securities, except notes or bills having a maturity of not exceeding four months and secured by United States bonds or...
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Congressional Serial Set, 6536. izdevums

1913 - 1030 lapas
...for discount within the meaning of this act; but such distinction shall not include notes or bills issued or drawn for the purpose, of carrying or trading...stocks, bonds, or other Investment securities, except notes or bills having a maturity of not exceeding four months and secured by United States bonds, or...
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Banking and Currency: Hearings Before the Committee on Banking ..., 13-24. daļas

United States. Congress. Senate. Committee on Banking and Currency - 1913 - 1142 lapas
...eligibility of the paper thus offered for such security, within the meaning of this act : but notes or bills Issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities shall not be eligible for such purpose, except notes or bills having n maturity of not exceeding four...
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Banking and Currency: Hearings Before the Committee on Banking and ..., 1. daļa

United States. Congress. Senate. Committee on Banking and Currency - 1913 - 988 lapas
...securities" the words "credit instruments." As it reads now, it says — shall not include notes or bills issued or drawn for the purpose of carrying or trading...in stocks, bonds, or other investment securities. The CHAIRMAN. As amended, how would it read ? Mr. FLANNAGAN. As amended, it would read: Shall not include...
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Journal, 2-3. sējumi

Texas. Legislature. Senate - 1914 - 484 lapas
...of exchange secured by staple agricultural products or other goods, wares or merchandise from being eligible for such discount, but such definition shall...bonds or other investment securities, except bonds of the government of the United States, bonds of the State of Texas, and of the various incorporated...
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Journal of the House of Representatives ... of the ... Legislature, 33. sējums

Texas. Legislature. House, Texas. Legislature. House of Representatives - 1914 - 580 lapas
...of exchange secured by staple agricultural products or other goods, wares or merchandise from being eligible for such discount, but such definition shall...bonds or other investment securities, except bonds of the government of the United States, bonds of the State of Texas, and of the various incorporated...
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