Financial and Economic Annual of Japan, Issue 3

Front Cover
U.S. Government Printing Office, 1903 - Finance
 

Other editions - View all

Common terms and phrases

Popular passages

Page 111 - Foreign exchange ; (2) inland exchange ; (3) loans ; (4) deposits of money and custody of objects of value ; (5) discount and collection of bills of exchange, promissory notes, and other cheques ; (6) exchange of coins. The bank may also buy or sell public bonds, gold or silver bullion, and foreign coins, if the condition of business demands it. The bank may also be entrusted with affairs bearing on foreign loans and the management of public moneys for international account.
Page 66 - The subjects of each of the high contracting parties shall enjoy in the dominions and possessions of the other "exemption from all transit duties, and a perfect equality of treatment with native subjects in all that relates to warehousing, bounties, facilities and drawbacks.
Page 111 - ... 5. to receive deposits in current accounts and accept the custody of objects of value, such as gold, silver, other precious metals and documents ; 6. to make advance in current accounts or loans for fixed periods upon the security of Government bonds. Treasury bills or other bonds and shares guaranteed by the Government.
Page 112 - These debentures shall be redeemed at least twice a year by means of drawings in proportion to the total amount of redemption of loans redeemable in annual instalments in the same year, and the debentures of Agricultural and Industrial Banks in bind.
Page 112 - The Bank is authorized, when at least one-fourth of its nominal capital is paid up, to issue mortgage debenlures to an amount not exceeding ten times its paid-up capital. These debentures shall be redeemed at least twice a year by means of drawings and for each issue of debentures premiums of various amounts varying from five to one thousand...
Page 111 - To discount or purchase Government bills, bills of exchange, commercial bills, etc. ; 2. to buy or sell gold or silver bullion ; 3. to make loans on the security of gold or silver coins or bullion ; 4. to make collection of bills for banks, companies and merchants, who are regular customers ; 5. to receive deposits in current accounts and accept the custody of objects of value, such as gold, silver, other precious metals and documents ; 6. to make advance in current accounts or loans for fixed periods...
Page 111 - No. 20, 1887), and at the same time the capital was raised to 6,000,000 yen. The consequent growth of its transactions necessitated the further increase of its capital to 12,000,000 yen in the same year. In 1899, the capital was again doubled making 24,000,000 yen of which 18,000,000 yen are now paid up.
Page 114 - To subscribe or take up public loan bonds, local loan bonds, and companies' debentures. 3. To accept deposit of money and custody of valuable objects. 4. To transact various kinds of trust business with local loan bonds, companies' debentures and shares. Thus, loans without security, or on the security of other than negotiable papers and discounts of bills, are not within the scope of the bank's business. In order to enable it to obtain...
Page 113 - To make loans on the security of immovable property ; to make loans against the pledge of shares and debentures issued by joint stock companies ; to make loans or issue bills of exchange on the security of agricultural products in the island ; to take up deposits ; to accept the custody of objects of value ; to make loans without security to communal co-operations.
Page 114 - ... issued. The following lines of business are transacted by this bank : (1) To discount bills of exchange and other commercial bills; (2) exchange business; (3) to collect bills for companies and merchants who are regular customers of the bank ; (4...

Bibliographic information