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" This bill would extend until June 30, 1958, the present authority of the Federal Reserve banks to purchase securities directly from the Treasury in amounts not to exceed five billion dollars outstanding at any one time. "
Federal Reserve Act Amendments, Sections 14 and 16: Hearings Before the ... - Page 65
by United States. Congress. House. Committee on Banking and Currency - 1954 - 83 pages
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Congressional Record: Proceedings and Debates of the ... Congress

United States. Congress - Law - 750 pages
...of $1C million (Passed 180 to 168.) . . Quorum call 11. K. 8729, extending for 2 years the present authority of the Federal Reserve banks to purchase securities directly from the Treasury in amounts not to exceed $T> billion outstanding at any one time. On motion to recommit with instructions...
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Community Facilities--Lawrence, Ind., Hearing of ..., 83-2 ..., August 10, 1954

United States. Congress. Senate. Committee on Banking and Currency - 1954 - 1292 pages
...Board of Governors of the Federal Reserve System. The purpose of the bill is to extend for 2 more years the authority of the Federal Reserve banks to purchase securities directly from the Treasury in an amount not to exceed $5 billion outstanding at any one time. Under Uie original Federal Reserve...
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Federal Reserve Act Amendments (sections 14 and 16): Hearings Before ...

United States. Congress. House. Bnaking ab=nd Currency Committee - 1954 - 92 pages
...Treasury Department in support of HR 8729. This bill would extend until June 30, 1956, the present authority of the Federal Reserve banks to purchase securities directly from the Treasury in amounts not to exceed $5 billion outstanding at any one time. Secretary Humphrey requested the enactment...
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Direct Purchases of United States Obligations by Federal Reserve Banks ...

United States. Congress. House. Committee on Banking and Currency - Bonds - 1956 - 48 pages
...Treasury Department in support of HR 9285. This bill would extend until June 30, 1958, the present authority of the Federal Reserve banks to purchase securities directly from the Treasury in amounts not to exceed five billion dollars outstanding at any one time. The Treasury Department...
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Direct Purchase of United States Obligations by Federal Reserve Banks ...

United States Congress. House. Banking and Currency Committee - 1956 - 48 pages
...Treasury Department in support of HR 9285. This bill would extend until June 30, 1958, the present authority of the Federal Reserve banks to purchase securities directly from the Treasury in amounts not to exceed five billion dollars outstanding at any one time. i The Treasury Department...
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Hearings, Reports and Prints of the Senate Committee on Banking and Currency

United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1962 - 254 pages
...approved June 28, 1962, becoming Public Law 87-506. DIGEST OF STATUTE The law extends until June 30, 1964, the authority of the Federal Reserve banks to purchase securities directly from the Treasury in amounts not to exceed $5 billion outstanding at any one time. REAL ESTATE AND CONSTRUCTION LOANS...
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Hearings, Reports and Prints of the Senate Committee on Banking and Currency

United States. Congress. Senate. Committee on Banking and Currency - Banking law - 1963 - 716 pages
...required that all purchases of Government securities by Federal Reserve banks be made in the open market. In 1942 the authority of the Federal Reserve banks...1944, but the Congress has extended it from time to tune so as to provide continuous limited direct borrowing authority ever since. The authority was granted...
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United States Congressional Serial Set, Issue 12713

United States - 1966 - 1674 pages
...purchases of Government securities by Federal Reserve banks be made exclusively in the open market. In 1942 the authority of the Federal Reserve banks to purchase securities directly from tne Treasury was restored. A limit, however, of $5 billion was placed on the amount that could be outstanding...
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - Finance, Public - 1955 - 802 pages
...Treasury Department in support of HR 9285. This bill would extend until June 30, 1958, the present authority of the Federal Reserve Banks to purchase securities directly from the Treasury in amounts not to exceed $5 billion outstanding at any one time. The Treasury Department requested...
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