Federal Reserve Bulletin, Volume 14U.S. Government Printing Office, 1928 - Banks and banking |
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Common terms and phrases
abroad agricultural amount apolis City April August balances bank notes Bank of Italy bankers bonds borrowing branch capital cent certificates cisco Cleve commercial commodities currency debt December decline delphia land discount rate East North Central exports February Federal reserve act Federal reserve bank Federal Reserve Board FEDERAL RESERVE DISTRICTS Federal reserve notes Federal reserve system figures foreign banks Foreign bills foreign exchange France funds German gold stock Government increase Index numbers industrial January July June 13 June 30 Kansas City liabilities lire Loans and discounts loans and investments Louis Minne March member banks ment millions of dollars Minneapolis Monthly averages months National Bank Note circulation November October Phila ports rediscount Reich Reichsbank reichsmarks REPORTING MEMBER BANKS reserve bank credit seasonal adjustment securities September thousands of dollars tion trade Treasury trust company United volume wholesale York Phila zlotys
Popular passages
Page 82 - The amount of its capital stock and the number of shares into which the same shall be divided.
Page 81 - They shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with law, which the association may see fit to adopt for the regulation of its business and the conduct of its affairs.
Page 65 - Any note, draft, bill of exchange or banker's acceptance which arises out of a current transaction or the proceeds of which have been or are to be used for current transactions...
Page 72 - To grant by special permit to national banks applying therefor, when not in contravention of State or local law, the right to act as trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, committee of estates of lunatics, or in any other fiduciary capacity...
Page 64 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Page 522 - State or local law, the right to act as trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, committee of estates of lunatics, or in any other fiduciary capacity in which State banks, trust companies or other corporations which come into competition with national banks are permitted to act under the laws of the State in which the national bank is located.
Page 68 - That the provisions of section fifty-one hundred and ninety-one of the Revised Statutes, as amended by the Federal reserve Act, and the amendments thereof, with reference to the reserves required to be kept by national banking associations and other member banks of the Federal Reserve System, shall not apply to deposits of public moneys by the United States in designated depositaries.
Page 72 - Whenever the laws of such State authorize or permit the exercise of any or all of the foregoing powers by State banks, trust companies, or other corporations which compete with national banks, the granting to and the exercise of such powers by national banks shall not be deemed to be in contravention of State or local law within the meaning of this Act.
Page 284 - ... shall be eligible to be a director in any bank or banking association organized or operating under the laws of the United States. The eligibility of a director, officer, or employee under the foregoing provisions shall be determined by the average amount of deposits, capital, surplus, and undivided profits as shown in the official statements of such bank, banking association, or trust company filed as provided by law during the fiscal year next preceding the date set for the annual election of...
Page 426 - That all associations under this act, when designated for that purpose by the Secretary of the Treasury, shall be depositaries of public money, except receipts from customs...