Employment, Growth, and Price Levels: Hearings Before the Joint Economic Committee, Congress of the United States, Eighty-sixth Congress, First Session ...U.S. Government Printing Office, 1959 - 3486 pages |
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Common terms and phrases
2-percent amount auction balance bank reserves bids billion borrowing Bowery Savings Bank BROWN cash certificates due CHAIRMAN commercial banks competitive Congress Congressman corporate dealers debt management director Discount Corp dollars economic Federal Reserve banks Federal Reserve System financing funds going Government bonds Government securities market growth HAUSER increase inflation inflationary insurance companies interest rates investment investors issues July June long-term bonds MARTIN maturity member banks ment money supply months mortgages National Bank OHLENBUSCH open market open market operations period President problem profits purchase question Refunding REPP Representative COFFIN Representative CURTIS Representative PATMAN Representative REUSS Representative WIDNALL repurchase agreements reserve requirements ROUSE savings banks savings bonds Secretary ANDERSON sell Senator BUSH Senator JAVITS SPENCER statement Subscriptions tax and loan tax anticipation taxable tenders term tion Treasury bills Treasury securities Treasury's U.S. Government U.S. securities yield York
Popular passages
Page 1154 - The bills are subject to estate, inheritance, gift, or other excise taxes, whether Federal or State, but are exempt from all taxation now or hereafter imposed on the principal or interest thereof by any State, or any of the possessions of the United States, or by any local taxing authority.
Page 1288 - I am taking the liberty of sending a copy of this letter to the other members of your committee.
Page 1435 - I was very much interested in what you had to say about oversubscription being necessary.
Page 1700 - B shall consist of three members, who at the time of their election shall be actively engaged in their district in commerce, agriculture or some other industrial pursuit.
Page 1575 - The flowers that bloom in the spring," have nothing to do with the case.
Page 1520 - I will not get into that. But the directors of the Reserve banks initiate a rate and act on it, which is passed on to the Board of Governors for their acknowledgment and they have the privilege of either approving it or disapproving it. Representative PATMAN. Recommending, yes, sir. My time has expired. Mr. Chairman, I have a number of questions I want to ask this witness and I have carefully prepared these questions to cover many points, like making markets and trading with the dealers, competition...
Page 1403 - ... tickets— — Mr. ABERNETHY. When people in the District drive into Maryland and Virginia, they pollute too. Mrs. FRIEDMAN. If they drove in the same number, I would agree totally. Mr. ABERNETHY. How do you know they don't ? Mrs. FRIEDMAN. We know how many pepole working in the District don't live here. All you have to do is to take a look at the...
Page 1608 - March 1953, bonds due or callable after 12 years; April 1953 to date, bonds due or callable 10 years and after. RI Annual averages of rates of interest (percent per annum) charged on commercial loans maturing In 1 year or less made by banks in 19 large cities. • These data are based on 13-month moving averages and therefore will differ somewhat from money supply data published In the Federal Reserve bulletins, which are based on end-of-month data.
Page 1221 - Amendments of 1962 indicate that the term safe has reference to health of man, nowhere do they define safety. Discussing this subject before the Subcommittee of the Committee on Government Operations of the House of Representatives, the Commissioner of FDA pointed out that no effective drug can be absolutely safe.
Page 1751 - Treasury has in this direction in encouraging a wider distribution of the public debt must depend upon institutional groups, such as commercial banks, mutual savings banks, savings and loan associations, and insurance companies. The advice which the Treasury receives on all of these matters is certainly not confined in any way to the suggestions by these committees or by the individual members thereof.