Word: deposited
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Dates: during 1930-1939
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...woods. Never before have botanists been able to secure satisfactory microscopic specimens from these hard rocks. Mr. Darrah has succeeded in making fossil peals of both coal and petrified woods, among them specimens containing the remains of pollen grains more than 200,000,000 years old from a coal deposit in Illinois...
...bank examiner ever went to Shanghai to inspect the books of the Raven Bank, which is incorporated in Connecticut, and thus Banker Raven conducted his business as he pleased, lived quietly in his $150,000 mansion, contributed to local churches, never drank, and invited confidence with the friendly slogan: Deposit Your Money in This Bank and Become A Partner. While her husband sat in a Shanghai jail, Mrs. Raven continued last week to reside in Germany at Heidelberg, where the Raven daughters are completing their higher education...
...Excess Reserves. The principal medium of exchange in the U. S. is not currency, which accounts for only 10% of the total money supply, but credit money, which means checks. By law a bank must maintain with a Federal Reserve Bank a certain ratio of reserves to customers' deposits. Reserve requirements vary with locality and type of deposit but a rough average is 10%-i. e., for every $10 of customers' deposits a bank must itself have at least $1 on deposit in a Reserve Bank. If a bank has $2 in the Reserve for every...
...illegal. Refused an injunction by lower courts in the South, they got a decision from the Supreme Court. By vote of 6-to-3 (Brandeis, Stone and Cardozo dissenting) the Court granted a temporary injunction. Until the legality of the processing tax is decided the rice millers can deposit the tax alleged to be due with a depositary chosen by the Court, get it all back if they eventually win their case...
...Italy of London banks, including funds of many maiden ladies and widows who find Britain's climate too bleak, II Duce blocked all payments out of these accounts. Simultaneously gold was declared a State monopoly but Italians were not ordered to turn it in. If they would deposit it with one of the State banks they were offered 5% interest on the value of the metal and its "return within one year in gold of the same weight and fineness...