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" ... 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 - Página 767
de Board of Governors of the Federal Reserve System (U.S.) - 1919
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Outlines of Economics

Richard Theodore Ely - 1893 - 826 páginas
...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...
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American Legal News, Volume 31

1920 - 584 páginas
...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...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 páginas
...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...
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Gateway, Volumes 21-22

1913 - 492 páginas
...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...
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Political Economy: Designed for Use in Catholic Colleges, High Schools and ...

Edmund J. Burke - 1913 - 502 páginas
...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...
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Banking: Part I: Banking Principles

1914 - 600 páginas
...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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The Operation of the New Bank Act

Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 452 páginas
...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,...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 128 páginas
...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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Money and Banking

John Thom Holdsworth - 1914 - 464 páginas
...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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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 10

United States - 1914 - 962 páginas
...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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