Bank Credit: A Study of the Principles and Factors Underlying Advances Made by Banks to BorrowersSoto takes some of the bananas he has grown to share with his friends at the Market Square where his mother works. |
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accounts additional American Bankers amount Annual Convention Association balance sheet bank credit bank loans banking system billions bonds borrower's branch banking broker's paper buying capital cash to deposits cash-deposits ratio chapter checks clearing house examiner collateral commercial banks commercial paper concern condition country banks credit department credit information creditor liabilities current liabilities demand deposit account depositors deposits to loans derivative deposits dividends endorsed Federal Reserve Act Federal Reserve banks Federal Reserve notes Federal Reserve system funds increase individual bank interest investment lending bank lending banker loan expansion loans and deposits loss manufacturing maturity member banks ment merchandise National Bank National Bank Act note brokers overdrafts payable primary deposits Proceedings quick assets ratio of cash ratio of quick real estate receivable rediscount reduced reserve-deposits ratio result shareholders single name paper statement tend tion trade trust companies undivided profits York
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Page 27 - Dividends (Sec. 5199). —The directors of any association may semiannually declare a dividend of so much of the net profits of the association as they shall judge expedient; but each association shall, before the declaration of a dividend, carry one-tenth part of its net profits of the preceding half year to its surplus fund until the same shall amount to twenty per centum of its capital stock.
Page 256 - All persons are informed that any statement on the part of this bank, or any of its officers, as to the responsibility or standing of any person, firm or corporation or as to the value of any securities, is a mere matter of opinion and given as such, and solely as a matter of courtesy, and for which no responsibility, in any way, is to attach to this bank, or any of its officers.
Page 187 - Address delivered at the Eighth Annual Meeting of the Association of Life Insurance Presidents, New York, December 10, 1914, p. 6. * WW Smith, Necessity for Credit Statements and Desirability of Uniformity Thereof, Proceedings, Forty Second Annual Convention, American Bankers
Page 358 - BY THE AMERICAN BANKERS' ASSOCIATION Form No. 1 Farmer Statement of Address , To .Bank of ............... I make the following statement of all my assets and liabilities as at the close of business on and give other material information for the purpose of obtaining advances on notes and bills bearing my signature or indorsement and for obtaining credit generally upon present and future applications.
Page 334 - Second Bank of the United States (Chartered by Congress in 1816, for 20 years; renewal of charter denied; reorganized as a Pennsylvania corporation.
Page 360 - Bank, for claims and demands against the undersigned, the undersigned submits the following as being a true and accurate statement of its financial condition on the day of , 19.
Page 363 - Us financial condition on the day of , 19. ., and agree that if any change occurs that materially reduces the means or ability of the undersigned to pay all claims or demands against it, the undersigned will immediately and without delay notify the said...
Page 116 - A rate of rediscount, therefore, that equals or exceeds the rate of discount tends strongly to check borrowing by the commercial banks.
Page 360 - Bank; and unless the Bank is so notified it may continue to rely upon the statement herein given as a true and accurate statement of the financial condition of the undersigned.
Page 131 - of buying merchants' acceptances and receivables out and out, the rate being governed by the prevailing ruling rate for money, with the usual commission added. It was by this method that my firm soon became the largest dealers iu mercantile paper, which business had formerly been controlled by two other firms for at least a quarter of a century, and whose old fogy methods were by my innovations easily eclipsed. The merchants at that time would go to these discount firms and leave their receivables,...