...Regulation B, Series No. 2, 1916.) 1. The acceptances or bills of exchange must not have been issued for carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States. 2. The proceeds of the acceptances or bills of exchange must not have been used or must not be used...

...the proceeds of which have been used or are to be used for such purposes. (e) It was not issued for carrying or trading in stocks, bonds, or other investment...securities, except bonds and notes of the Government ol the United States. i Circular No. 1 of May 1, 1916, Check Clearing and Collection, in slightly modified...

...prohibit such notes, drafts, and bills of exchange, secured 50 by staple agricultural products, or other goods, wares, or merchandise from being eligible for such discount; but such definition shall not 1 include notes, drafts, or bills covering merely investments or issued 2 or drawn for the purpose...

...which have been used, or are to be used, for such purposes." Further the law specifically excludes "notes, drafts, or bills covering merely investments...and notes of the Government of the United States." The federal reserve board, which was required by law to indicate more precisely the kind of paper eligible...

...Federal Reserve Banks, an Acceptance •Regulation B, aeries of 1917. "Must not have been issued for carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States. "Must not be a bill, the proceeds of which have been used or are to be used for permanent or fixed...

...eligible for purchase by Federal Reserve Banks under section 14 — (a) Must not have been issued for carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States. (ft) Must not be a bill the proceeds of which have been used or are to be used for permanent or fixed...

...the proceeds of which have been used or are to be used for such purposes. (c) It was not issued for carrying or trading in stocks, bonds, or other investment...and notes of the Government of the United States. (d) The aggregate of notes, drafts, and bills bearing the signature or indorsement of any one borrower,...

...commo<Iltir P«Per. such notes, drafts, and bills of exchange, secured by staple agricultural products, or other goods, wares, or merchandise, from being eligible...discount; but such definition shall not include notes, Ineligible poper. Maturity of eligible paper. Amount rediicount. able by one bank bearing signature...

...to prohibit such notes, drafts, and bills of exchange, secured by staple agricultural products, or other goods, wares, or merchandise from being eligible...and notes of the Government of the United States*). The aggregate of such notes, drafts, and bills bearing the signature or indorsement of any one borrower,...

...to prohibit such notes, drafts, and bills of exchange, secured by staple agricultural products, or other goods, wares, or merchandise from being eligible...and notes of the Government of the United States*). The aggregate of such notes, drafts, and bills bearing the signature or indorsement of any one borrower,...