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" ... notes, drafts, and bills of exchange, secured by staple agricultural products, or other goods, wares, or merchandise from being eligible for such discount ; but such definition shall not include notes, drafts, or bills covering merely investments... "
Federal Reserve Bulletin - Side 441
1916
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Outlines of Economics

Richard Theodore Ely - 1893 - 826 sider
...Board. The privilege of rediscount is not extended to notes and bills of exchange issued " for the purpose of carrying or trading in stocks, bonds, or...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, Volum 31

1920 - 584 sider
...that such definition shall not include notes or drafts covering merely investments or issued for the purpose of carrying or trading in stocks, bonds or...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 sider
...investment; and which shall bear the endorsement of the payee ; and which shall not have been issued for the purpose of carrying or trading in stocks, bonds or other investment securities ; and which shall have a maturity in conformity with the requirements of the Federal Reserve act. (f)...
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Gateway, Volumer 21-22

1913 - 492 sider
...definition shall not include notes, drafts or bills covering mere investments or drawn or issued tor the purpose of carrying or trading in stocks, bonds or...the time of discount of not more than ninety days; provided, that notes, drafts and bill's drawn or issued for agricultural purposes or based on live...
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Political Economy: Designed for Use in Catholic Colleges, High Schools and ...

Edmund J. Burke - 1913 - 502 sider
...A federal reserve bank may not discount notes, drafts, or bills of exchange issued or drawn for the purpose of carrying or trading in stocks, bonds, or...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 sider
...the meaning of this Act; but such definition shall not include notes or bills issued or drawn for the purpose of carrying or trading in 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, Utgave 6536

1913 - 1030 sider
...meaning of this act; but such distinction shall not include notes or bills issued or drawn for the purpose, of carrying or trading In 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 ..., Deler 13-24

United States. Congress. Senate. Committee on Banking and Currency - 1913 - 1142 sider
...eligible for such discount: out such definition shall not include notes or bills issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment securities. Notes and bills admitted to discount, under the terms of this paragraph must have a maturity of not...
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Banking and Currency: Hearings Before the Committee on Banking and ..., Del 1

United States. Congress. Senate. Committee on Banking and Currency - 1913 - 988 sider
...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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The Federal Reserve Act: A Discussion of the Principles and Operations of ...

Clarence Walker Barron - 1914 - 232 sider
...definition shall not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds or...the time of discount of not more than ninety days: Provided, That notes, drafts, and bills drawn or issued for agricultural purposes or based on livestock...
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