Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Volume 2 |
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Page 158
Consequently in March , 1861 , the Confederate Congress authorized $ 1 million of 3.65 per cent , 1 - year notes , and in May it authorized $ 50 million of 8 per cent , 20 - year bonds , $ 20 million of which could be in non - interest ...
Consequently in March , 1861 , the Confederate Congress authorized $ 1 million of 3.65 per cent , 1 - year notes , and in May it authorized $ 50 million of 8 per cent , 20 - year bonds , $ 20 million of which could be in non - interest ...
Page 259
All member banks were required to purchase district bank stock equal to 6 per cent of their capital and surplus , 3 per cent to be paid within six months and the remainder to be subject to call . A dividend of 6 per cent cumulative was ...
All member banks were required to purchase district bank stock equal to 6 per cent of their capital and surplus , 3 per cent to be paid within six months and the remainder to be subject to call . A dividend of 6 per cent cumulative was ...
Page 317
The first refunding bonds were issued in 1922 at 44 per cent , callable in 25 and maturing in 30 years . The offering of $ 500 million was over- subscribed , and $ 764 million was finally allotted on a graduated scale .
The first refunding bonds were issued in 1922 at 44 per cent , callable in 25 and maturing in 30 years . The offering of $ 500 million was over- subscribed , and $ 764 million was finally allotted on a graduated scale .
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Contents
The Meaning and Basic Trends of Financial History | 1 |
Monetary and International Fi nancial Policies | 4 |
26 | 7 |
Copyright | |
56 other sections not shown
Other editions - View all
Financial History of the United States: Fiscal, Monetary, Banking, and ... Paul Studenski,Herman Edward Krooss No preview available - 2011 |
Financial History of the United States: Fiscal, Monetary, Banking, and ... Paul Studenski,Herman Edward Krooss No preview available - 2011 |
Common terms and phrases
addition administration American Annual Report authorized balance bank reserves bankers banking system became began bill Bland-Allison Act Board borrowing budget capital cash cent certificates circulation cities coin colonies commercial banks Committee Comptroller Congress corporate cost currency declined deficit demand deposits depression duties economic established estimated excises expansion export favored Federal government Federal Reserve Federal Reserve Act Federal Reserve Board Federal Reserve System finance fiscal policy foreign funds gold standard government bonds greenbacks Hoover important income tax increased inflation interest rates investment issue June land levied loans member banks ment monetary money market money supply municipal National Bank Act national banks national-bank operations paper money payments pensions period President proposed purchase receipts recommended rediscount reduced refunding repealed Reserve banks retirement revenue Secretary securities Senate silver specie spending surplus tariff taxation tion Treasury notes Treasury's United veto York