Wall Street and the Country: A Study of Recent Financial TendenciesG. P. Putnam's sons, 1904 - 247 páginas |
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Página 215
... national banks act to some extent as the agents of corporations in the mere transfer of the ownership of securities and the payment of dividends . In the case of the formation of a new corporation , how- ever , or an important change in ...
... national banks act to some extent as the agents of corporations in the mere transfer of the ownership of securities and the payment of dividends . In the case of the formation of a new corporation , how- ever , or an important change in ...
Página 217
... national banks is the lending of their deposits upon commercial paper and the issue of circulating notes . It was chiefly for the latter purpose that they were originally sanctioned by law , much as this function has been Growth of ...
... national banks is the lending of their deposits upon commercial paper and the issue of circulating notes . It was chiefly for the latter purpose that they were originally sanctioned by law , much as this function has been Growth of ...
Página 218
... national banks from those of the trust companies may be inferred from comparing the provisions of the New York law , already given , with the provisions of the national banking law , that a national bank may exercise- all such ...
... national banks from those of the trust companies may be inferred from comparing the provisions of the New York law , already given , with the provisions of the national banking law , that a national bank may exercise- all such ...
Página 221
... banks in the character of the loans made . They trench little upon the field of the national banks in discounting the paper of merchants based upon mercan- tile transactions . This is a very impor- tant field of banking , has a close ...
... banks in the character of the loans made . They trench little upon the field of the national banks in discounting the paper of merchants based upon mercan- tile transactions . This is a very impor- tant field of banking , has a close ...
Página 222
... national banking business is still of this sort , and it has grown greatly within the past five years . There has undoubtedly been a feeling here and there , however , that the national banks , since the rise of the trust companies ...
... national banking business is still of this sort , and it has grown greatly within the past five years . There has undoubtedly been a feeling here and there , however , that the national banks , since the rise of the trust companies ...
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Términos y frases comunes
afforded American Commissions amount Bank of England Bank of France bankers bonds Britain bullion bushel carried cash cent China coins commercial consumer convertible bonds corporations cost creased currency demand deposits dividends earning economic effect efficiency enterprises Europe export fall foreign France fund G. P. PUTNAM'S SONS gold countries gold standard Government growth hand important increased industrial investor issue kilometres labor legislation loans London long tons manufacturing ment miles modern monetary system mortgage national banks necessary nineteenth century ocean cable operation organization panies Philippines population preferred stock present price of silver produce exchanges productive power profits progress protection railway rate of interest recent reserve result rose rubles saved capital securities shares silver countries speculation stock companies stock exchange stock market supply tended tion trade transactions transfer trust companies United voting trust wages wealth wheat York
Pasajes populares
Página 218 - 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 according to the provisions of this title.
Página 216 - ... 1. To act as the fiscal or transfer agent of any state, municipality, body politic or corporation; and in such capacity to receive and disburse money, to transfer, register and countersign certificates of stock, bonds or other evidences of indebtedness, and to act as agent of any corporation, foreign or domestic, for any lawful purpose.
Página 216 - To act as trustee under any mortgage or bond issued by any municipality, body politic or corporation, and accept and execute any other municipal or corporate trust not inconsistent with the laws of this state.
Página 216 - To take, accept and execute any and all such legal trusts, duties and powers in regard to the holding, management and disposition of any estate, real or personal, and the rents and profits thereof, or the sale thereof, as may be granted or confided to it by any court of record, or by any person, corporation...
Página 127 - ... men ; that is to say, if men were employed to furnish the power to carry on the industries of this country, it would require 21,000,000 men, and 21,000,000 men represent a population, according to the ratio of the census of 1880, of 105,000,000.
Página 92 - It would be practically unattainable by any other system. Thus through the publicity of knowledge and prices, the bringing of a multitude of fallible judgments upon this common ground to an average, there is afforded to capital throughout the world an almost unfailing index of the course in which new production should be directed. Suppose for a moment that the stock markets of the world were closed, that it was no longer possible to learn what railways were paying dividends, what their stocks were...
Página 216 - To receive deposits of trust moneys, securities and other personal property from any person or corporation, and to loan money on real or personal securities.