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" Any Federal reserve bank may, under rules and regulations prescribed by the Federal Reserve Board, purchase and sell in the open market, at home or abroad, either from or to domestic or foreign banks, firms, corporations, or individuals, cable transfers... "
Rural Credits: Hearings Before the Committee on Banking and Currency of the ... - Page 132
by United States. Congress. House. Committee on Banking and Currency - 1923
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Annual Report of the Corporation of the Chamber of Commerce, of ..., Volume 56

New York Chamber of Commerce - 1914 - 616 pages
...rules and regulations prescribed by the Federal Reserve Boird, purchase and sell in the open market, either from or to domestic or foreign banks, firms, corporations or individuals, prime bankers' bills and bills of exchange of the kinds and maturities by this Act made eligible for...
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Scribner's Magazine ..., Volume 78

1925 - 838 pages
...officers was reference to Section 14 of the Reserve Act, whereby those institutions were authorized " to purchase and sell in the open market, at home or abroad, either from or to domestic or foreign banks, . . . cable transfers and bankers' acceptances and bills of exchange." If the Bank of England were...
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Pending Banking Legislation: Letters by Officers of the National City Bank ...

First National City Bank of New York - 1913 - 88 pages
...amount of the paid-up and unimpaired capital of the member bank. OPEN-MARKET OPERATIONS. SEC. 15. That any Federal reserve bank may, under rules and regulations...reserve Board, purchase and sell in the open market, either from or to domestic or foreign banks or individuals, bankers' bills, cable transfers, and bills...
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Banking and Currency: Hearings Before the Committee on Banking and ..., Part 1

United States. Congress. Senate. Committee on Banking and Currency - 1913 - 988 pages
...one-half the face value of its paid-up and unimpaired capital. OPEN-MARKET OPERATIONS. SECTION 15. That any Federal reserve bank may, under rules and regulations...reserve board, purchase and sell in the open market, either from or to domestic or foreign banks, firms, corporations, or individuals, prime bankers' hills,...
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Banking and Currency: Hearings Before the Committee on Banking ..., Parts 13-24

United States. Congress. Senate. Committee on Banking and Currency - 1913 - 1142 pages
...2 Senator NKLSON. This is the clause to which objection is made. It is on page 27, and reads: That any Federal reserve bank may, under rules and regulations prescribed by the Federal reserve hoard, purchase and sell in the open market either from or to domestic or foreign banks, firms, corporations,...
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Congressional Serial Set, Issue 6536

1913 - 1030 pages
...FOREIGN GOVERNMENT. (Sec. 15.) That any Federal reserve bank may, under rules and regulations preBcrlbed by the Federal reserve board, PURCHASE AND SELL IN THE OPEN MARKET, either from or to domestic or foreign banks or individuals, bankers' bills, cable transfers, and bills...
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The American Business Manual, Including Organization ..., Volume 1

Francis Joseph Reynolds - 1914 - 420 pages
...Operations. — Under the rules and regulations prescribed in the Act any Federal Reserve Bank may purchase and sell in the open market, at home or "...bankers' acceptances and bills of exchange of the same nature as those eligible for re-discount. Besides the above, every Federal Reserve Bank may: 1....
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Annual Report of the Corporation of the Chamber of Commerce, of ..., Volume 56

New York Chamber of Commerce - 1914 - 616 pages
...report itself. REMARKS OF EDWIN S. SCHENCK, ESQ. MR. SCHENCK. — Section 15 of the bill provides, "That any Federal Reserve Bank may, under rules and regulations...Reserve Board, purchase and sell in the open market, either from or to domestic or foreign banks, firms, corporations or individuals, prime bankers' bills...
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The World's Work, Volume 27

1914 - 874 pages
..."for the furtherance of the commerce of the United States." Any Federal reserve bank may, under rules prescribed by the Federal Reserve Board, purchase...in the open market, at home or abroad, either from foreigners or Americans, cable transfers, bankers' acceptances, and bills of exchange. And this commercial...
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Journal, Volumes 2-3

Texas. Legislature. Senate - 1914 - 484 pages
...under rules adopted by its Board of Directors, at home or abroad, either from or to foreign or domestic banks, firms, corporations or individuals, cable transfers...bankers' acceptances and bills of exchange of the kind and maturities by this act made eligible for rediscount, with or without the indorsement of a...
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