Die nach dem Invaliditäts- und Altersversicherungsgesetze versicherten Personen

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Monograph

Identifikator:: 83532351X

URN:: urn:nbn:de:zbw-retromon-26252

Document type:: Monograph

Author:: Gebhard, Hermann

Title:: Die nach dem Invaliditäts- und Altersversicherungsgesetze versicherten Personen

Place of publication:: Berlin

Publisher:: Heymann

Year of publication:: 1893

Scope:: 1 Online-Ressource (X, 328 S.)

Collection:: Economics Books

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184 WAR BORROWING tificate borrowing can be traced with a moderate but by no means conclusive degree of success from the data as to the condition of the national banks avail able at the nine “call” dates: May 1, June 20, September 11, November 20 and December 31, 1917, and March 4, May 10, June 29 and August 31, 1918. Of these dates no less than three — June 20, 1917, November 20, 1917, and May 10, 1918 — fall in the midst of Liberty Loan flotations, with accompanying complexity and exception in banking operations. The result is to impair the serviceableness of the call data in six out of the eight intervals, only the spans December 31, 1917 — March 4, 1918, and June 29 — August 31, 1918, being free from such disturb ance. Moreover, three of the call dates — Septem ber 11, 1917, June 29, 1918, and August 31, 1918, are “ mid-period ” rather than terminal, with the re sult of making the intervals to which they belong less serviceable for the present purpose. This affects both issue and redemption periods. As to the issue periods: (1) on September 11, 1917, of the six issues of certificates aggregating $2,320,493,000 in anticipation of the Second Liberty Loan, only two issues, aggregating $550,000,000 had been emitted; (2) on August 31, 1918, of the seven issues of cer tificates aggregating $4,659,820,000 in anticipation of the Fourth Liberty Loan, only four issues aggre gating $2,760,141,500 had been emitted and of these one issue to the amount of $839,646,500 had been emitted before the preceding call date (June 29, 1918), in comparison with which the inquiry is to be made. As to redemption periods: with respect to June 29, 1918, of the six issues aggregating $3,012,-

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