Word: deposit
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...Campbell again appeared at Chase National with 14 more gold bars which were stowed away in the vault with the first batch. By gold standard reckoning his total deposit of metal amounted...
...Before the turn of the year Deposit Insurance Corp., created by the National Banking Act of 1933, must plow through the books of the 14,000 banks that are expected to apply for participation in the deposit insurance plan (TIME, Sept. 18). D. I. C. will requisition all Federal Reserve and national bank examiners, is counting on the services of all U. S. clearing house examiners. Last week to supplement this army of examiners, D. I. C. asked the banks to loan it 2,500 smart credit...
...visitors began to arrive in answer to a special call. In trooped dandified little Secretary of the Treasury Woodin, suntanned Secretary of Agriculture Wallace, portly Attorney General Cummings. At their heels came Federal Reserve Governor Black, R. F. C. Chairman Jones, Currency Comptroller O'Connor, Budget Director Douglas, Deposit Insurance Corp. Chairman Cummings. After handshakes all around they settled down in easy chairs, listened to the President talk. His subject: the necessity for more steam in the boiler of National Recovery...
...length. One reason that NRA was failing to produce results was that codified industries had trouble borrowing money to finance new costs before new profits accrued. Why? Because many banks were hoarding their commercial credit. Why? Because they wanted to be completely liquid to qualify under the new deposit insurance system Jan. 1. Chairman Jones was deluged with advice as to how his R. F. C. could loosen its resources, break the credit deadlock. How to speed the reopening of banks frozen shut since winter was another topic of lively debate. Comptroller O'Connor reported his efforts to date...
...will have to be revalued and there is already going on an examination of many of the banks opened after the bank holiday on a restricted basis, as well as some which have been unrestricted but which are not in good enough shape to be admitted to the insurance deposit scheme which goes into effect on January first next...