Commerce and FinancePowers & Lyons, 1903 - 473 pages |
Contents
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Common terms and phrases
American amount assets bank notes Bank of England Bank of France bankers banking system bills bonds borrow branch bank broker bucket shop buyer called capital carried cash cent certificates charter circulating notes cities clearing house coin colonies commodities condition Congress contract corporation cotton currency debt demand deposits directors discount dividends drafts duties earnings English export extensive fiat money foreclosure foreign commerce France freight funds Genoa gold government bonds grain holders important increased industries investment issue land loans London loss manufacturing ment mercantile agencies merchants metal mortgage National Banking Act national banks officers paid panic par value payable ports preferred stock premium profits purchase railroad Reichsbank reserve securities sell ships silver sold Spain specie payments stockholders tion trade transactions treasury United States Bank usually volume warehouse York
Popular passages
Page 229 - proceeding in relation to the public revenue, has assumed upon himself authority and power not conferred by the constitution and laws but in derogation of both.
Page 236 - to exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning money on personal security, and by obtaining, issuing and circulating notes.
Page 226 - It is the unanimous and decided opinion of this court that the act to incorporate the Bank of the United States is a law made in pursuance of the Constitution. The
Page 366 - that the entire policy shall be void "if the interest of the insured be other than unconditional and sole ownership," "unless otherwise provided by agreement
Page 237 - are receivable in all parts of the United States in payment of taxes, excises, public lands, and all other dues to the United States except duties on imports and
Page 267 - and they shall be received by creditor banks during that period, daily, in the same proportion as they bear to the aggregate amount of the debtor balances paid at the clearing house. The interest which may accrue upon these certificates shall, at the expiration of thirty days, be apportioned among the banks
Page 14 - Gilead with their camels bearing spicery and balm and myrrh, going to carry it down to Egypt,
Page 267 - banks, it is proposed that any bank in the Clearing House Association may, at its option, deposit with a committee of five persons—to be appointed for that purpose—an amount of its bills receivable, United States stocks, treasury notes or stocks of the State of New York, to be approved by said committee, who shall be authorized to issue thereon to
Page 148 - bad parliaments and bad judges was equal to the misery caused in a single year by bad crowns and bad shillings. The evil was felt daily and
Page 144 - Expositions are the timekeepers of progress. They record the world's advancement. They stimulate the energy, enterprise and intellect of the people and quicken human genius.