Money and Banking: An Introduction to the Financial System [by] W. H. Steiner, Eli Shapiro [and] Ezra Solomon |
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Page 30
... notes were issued to replace the silver certificates withdrawn from the money supply . Under the Emergency Banking Act of March 9 , 1933 , Federal Reserve bank notes were issued to give assurance that frightened depositors in reopened ...
... notes were issued to replace the silver certificates withdrawn from the money supply . Under the Emergency Banking Act of March 9 , 1933 , Federal Reserve bank notes were issued to give assurance that frightened depositors in reopened ...
Page 41
... notes Circulating notes Circulating notes United States notes Federal Reserve notes 316 27,038 Federal Reserve bank notes b 140 Banks - Other Circulating notes National bank notes b 63 Total U. S. Government 4,753 Total Federal Reserve ...
... notes Circulating notes Circulating notes United States notes Federal Reserve notes 316 27,038 Federal Reserve bank notes b 140 Banks - Other Circulating notes National bank notes b 63 Total U. S. Government 4,753 Total Federal Reserve ...
Page 224
... notes could be issued only on the basis of federal bonds , the amount of notes being limited to 90 percent of the par or market value of the bonds - whichever was lower - deposited with the Comptroller . In 1900 banks were per- mitted ...
... notes could be issued only on the basis of federal bonds , the amount of notes being limited to 90 percent of the par or market value of the bonds - whichever was lower - deposited with the Comptroller . In 1900 banks were per- mitted ...
Contents
Money and Economic Activity | 3 |
Monetary Systems | 25 |
The American Monetary System | 40 |
Copyright | |
27 other sections not shown
Common terms and phrases
amount assets bank's bankers banking system billion bills Board of Governors borrowing branch banking cash central bank changes Chaps checks circulation commercial banks commodity consumption Corporation debt demand deposits deposit account depositors discount dollar economic activity effect employment excess reserves exchange rates expansion expenditures exports factors Federal Reserve Act Federal Reserve banks Federal Reserve notes Federal Reserve System finance foreign exchange funds gold standard government securities important increase inflation institutions interest rates issues lending level of income liabilities liquidity loans and investments member bank reserve ment monetary policy monetary stock money market national bank national income open-market operations output payments percent period price level production propensity to consume purchases quantity theory rate of interest reduce Reserve authorities reserve balances reserve position reserve requirements rise savings short-term silver stability stock of money supply tion trade transactions Treasury currency volume York