 ... notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds or other investment securities, except bonds and notes of the Government of the United States.  Annual Report - Page 771by Board of Governors of the Federal Reserve System (U.S.) - 1919Full view - About this book
 | Richard Theodore Ely - Economics - 1893 - 826 pages
...privilege of rediscount is not extended to notes and bills of exchange issued " for the purpose of carrying or trading in stocks, bonds, or other 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... | |
 | Law - 1920 - 584 pages
...definition shall not include notes or drafts covering merely investments or issued for the purpose of carrying or trading in stocks, bonds or other investment...and notes of the Government of the United States. The Federal reserve banks are also permitted to discount domestic or foreign acceptances involving... | |
 | Horace White - Banks and banking - 1911 - 576 pages
...excluding " notes, drafts or bills covering merely investments, or issued or drawn for the purpose of carrying or trading in stocks, bonds or other investment...and notes of the Government of the United States." It is unnecessary, therefore, to attempt to define commercial paper in its broadest sense. A fundamental... | |
 | 1913 - 492 pages
...not include notes, drafts or bills covering mere investments or drawn or issued tor the purpose of carrying or trading in stocks, bonds or other investment...and notes of the Government of the United States. Notes, drafts and bills admitted to discount under the terms of this paragraph must have a maturity... | |
 | Edmund J. Burke - Economics - 1913 - 502 pages
...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 other investment...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... | |
 | Banks and banking - 1914 - 600 pages
...not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds or other investment...and notes of the Government of the United States. Notes, drafts and bills admitted to discount under the terms of this paragraph must have a maturity... | |
 | Thomas Conway (Jr.), Ernest Minor Patterson - Banks and banking - 1914 - 452 pages
...the Act. "Notes, drafts or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds or other investment...and notes of the government of the United States," are specifically excluded. Commercial paper represents actual tangible transactions of short duration,... | |
 | Virginius Gilmore Iden - Banks and banking - 1914 - 128 pages
...not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity... | |
 | John Thom Holdsworth - Banks and banking - 1914 - 464 pages
...not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity... | |
 | United States - Law - 1914 - 962 pages
...not include notes, drafts, or bills covering merely investments or issued or drawn for the purpose of carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States. Notes, drafts, and bills admitted to discount under the terms of this paragraph must have a maturity... | |
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