Receive deposits from member banks and from the United States.
b.

Discount upon the indorsement of any of its member banks negotiable papers, with maturity not more than ninety days, that have arisen out of actual business transactions, but not drawn for the purpose of trading in stock and other investment securities.
c.

Purchase in the open market anywhere various kinds of negotiable paper.
d.

Deal anywhere in gold coin and bullion.
e.

Buy and sell anywhere bills, notes, revenue bonds, and warrants of the states and subdivisions in the continental United States.
f.