Annual Report of the Commissioner of the Banking Department of the State of Michigan |
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Loans and discounts .... $ 682,525 76 $ 739,274 81 $ 697,077 29 $ 663,414 08 Overdrafts , secured and unsecured . 4,271 26 11,492 51 6,743 87 8,201 70 U. S. bonds to secure circulation ... 50,000 00 50,000 00 50,000 00 50,000 00 U. S. ...
Loans and discounts .... $ 682,525 76 $ 739,274 81 $ 697,077 29 $ 663,414 08 Overdrafts , secured and unsecured . 4,271 26 11,492 51 6,743 87 8,201 70 U. S. bonds to secure circulation ... 50,000 00 50,000 00 50,000 00 50,000 00 U. S. ...
Page xvi
Second , How much money may any bank loan on any one line of commercial paper ? ... but the discount of bills of exchange drawn in good faith against actually existing values and the discount of commercial or business paper actually ...
Second , How much money may any bank loan on any one line of commercial paper ? ... but the discount of bills of exchange drawn in good faith against actually existing values and the discount of commercial or business paper actually ...
Page xvii
these associations from splitting on the rock which has ruined so many banks , to wit , that of lending too much of ... hazard of speculative loans , but it contemplated and permitted to an unlimited amount the discount of paper used ...
these associations from splitting on the rock which has ruined so many banks , to wit , that of lending too much of ... hazard of speculative loans , but it contemplated and permitted to an unlimited amount the discount of paper used ...
Page xxiii
Loans and discounts ..... Stocks , bonds and mortgages . Overdrafts .... Banking house , furniture and fixtures ... $ 34,320,138 74 $ 10,179,933 36 $ 36,982 , 110 70 $ 38,601,949 09 $ 41,384,075 83 26,516,601 07 27,832,301 82 28 ...
Loans and discounts ..... Stocks , bonds and mortgages . Overdrafts .... Banking house , furniture and fixtures ... $ 34,320,138 74 $ 10,179,933 36 $ 36,982 , 110 70 $ 38,601,949 09 $ 41,384,075 83 26,516,601 07 27,832,301 82 28 ...
Page xxxi
Loans and discounts ... $ 65,382,342 32 Overdrafts , secured and unsecured .. $ 63,238,384 09 303 , S21 22 7,073,800 00 2,387,500 00 $ 64,343 , 109 61 273,673 70 7,473,800 00 1,912,500 00 302,885 75 7,191,300 00 2,207,500 00 $ 65,803 ...
Loans and discounts ... $ 65,382,342 32 Overdrafts , secured and unsecured .. $ 63,238,384 09 303 , S21 22 7,073,800 00 2,387,500 00 $ 64,343 , 109 61 273,673 70 7,473,800 00 1,912,500 00 302,885 75 7,191,300 00 2,207,500 00 $ 65,803 ...
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Common terms and phrases
00 Loans 00 Silver coin 00 Totals Assistant Cashier bankers not reserve Banking house banks and bankers banks in reserve bills rediscounted bonds to secure Capital stock paid cash items Cashier's checks outstanding certificates of deposit Certified checks Charles clearing house Commercial deposits subject count Dividends unpaid Due from banks Due to banks Exchanges for clearing expenses and taxes Furniture and fixtures interest and taxes internal revenue ac items and internal Items in transit John June 9 less current expenses Liabilities Loans and discounts March 28 MICHIGAN mortgages and securities National bank currency National bank notes Nickels and cents Notes and bills Overdrafts paid on bonds Premiums paid real estate Redemption fund Report of June Report of March Report of Sept reserve cities Resources Savings certificates Savings deposits subject to check Surplus fund taxes paid U. S. and National U. S. treasurer United States bonds Vice President
Popular passages
Page xviii - ... amount of the capital and surplus of such bank ; but the discount of bills of exchange drawn in good faith against actually existing values and the discount of commercial or business paper actually owned by the person negotiating the same shall not be considered as money borrowed : Provided...
Page 321 - Due from State banks and bankers Due from approved reserve agents Checks and other cash items...
Page xi - December the Commissioner of the Banking Department shall make an annual report to the Governor of the State, which report shall be published, and shall exhibit; First, A summary of the state and condition of every bank from which reports have been received...
Page xviii - The total liabilities to any association, of any person, or of any company, corporation, or firm, for money borrowed, including, in the liabilities of a company or firm, the liabilities of the several members thereof, shall at no time exceed one-tenth part of the amount of the capital stock of such association actually paid in.
Page 350 - Stocks, securities, etc Banking house, furniture and fixtures.. Other real estate and mortgages owned. Due from National banks...
Page xx - Drafts may be bona fide bills of exchange drawn upon actual existing values within the meaning of the statute, though not accompanied by specific bills of lading in each case. It is sufficient if they are drawn against property previously consigned and existing either in its original form or in the shape of proceeds of sales in the hands of the consignees.
Page xix - The object of this provision of the statute was to guard National banks from the hazard of speculative loans, but it contemplated and permitted to an unlimited amount the discount of paper used and required in facilitating the transfer of property and money in the transaction of the legitimate business of the country.
Page xi - ... and the total amount of means and resources, specifying the amount of lawful money held by them at the times of their several returns, and such other information in relation to such associations as in his judgment may be useful.
Page 276 - Liabilities. Capital stock paid in .... Surplus fund Undivided profits less expenses and taxes paid . . . National bank notes outstanding. . Due to ol her National banks . . Due to State banks and bankers Individual deposits subject to check Demand certificates of deposit.
Page 323 - Due to other National hanks Due to State hanks and hankers Dividends unpaid Individual deposits suhject to check Demand certificates of deposit. Time certificates of deposit Certified checks Cashier.s checks outstanding . United States deposits Notes and hills rediscounts1 . . ... Bills payahle Liahilities other than those ahove stated.
Bibliographic information
| Title | Annual Report of the Commissioner of the Banking Department of the State of Michigan |
| Author | Michigan. Banking Division |
| Contributor | Michigan. Banking Dept |
| Published | 1905 |
| Original from | the University of Michigan |
| Digitized | 27 Feb 2007 |
| Export Citation | BiBTeX EndNote RefMan |